Datamatics Inventory vs Total Stockholder Equity Analysis

DATAMATICS   552.30  11.55  2.14%   
Datamatics Global financial indicator trend analysis is much more than just examining Datamatics Global latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Datamatics Global is a good investment. Please check the relationship between Datamatics Global Inventory and its Total Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Datamatics Global Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Inventory vs Total Stockholder Equity

Inventory vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datamatics Global Inventory account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Datamatics Global's Inventory and Total Stockholder Equity is -0.56. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Datamatics Global Services, assuming nothing else is changed. The correlation between historical values of Datamatics Global's Inventory and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Datamatics Global Services are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Inventory i.e., Datamatics Global's Inventory and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.56
Relationship DirectionNegative 
Relationship StrengthVery Weak

Inventory

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Datamatics Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Datamatics Global current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Datamatics Global Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Selling General Administrative is likely to drop to about 206.9 M in 2024. Tax Provision is likely to drop to about 320.3 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit4.6B5.6B5.2B4.7B
Total Revenue12.0B14.6B15.5B7.8B

Datamatics Global fundamental ratios Correlations

0.630.660.990.43-0.80.750.630.7-0.210.910.850.470.45-0.550.36-0.610.680.98-0.220.43-0.160.3-0.230.950.84
0.630.140.680.24-0.520.220.190.16-0.130.720.330.210.18-0.390.55-0.460.170.67-0.130.25-0.41-0.11-0.480.690.77
0.660.140.570.75-0.640.860.920.76-0.220.560.870.580.47-0.530.33-0.450.960.66-0.10.470.420.490.450.520.35
0.990.680.570.35-0.820.70.560.64-0.220.930.80.40.36-0.560.37-0.650.580.98-0.250.37-0.290.27-0.350.980.89
0.430.240.750.35-0.350.670.640.4-0.390.430.560.80.47-0.510.55-0.140.760.46-0.020.740.40.20.380.250.3
-0.8-0.52-0.64-0.82-0.35-0.73-0.77-0.430.27-0.88-0.77-0.12-0.160.82-0.570.86-0.57-0.870.36-0.080.3-0.620.2-0.86-0.79
0.750.220.860.70.67-0.730.810.74-0.250.740.930.480.58-0.730.48-0.590.880.78-0.190.350.10.440.040.640.62
0.630.190.920.560.64-0.770.810.58-0.240.620.810.340.44-0.680.45-0.580.890.67-0.160.230.370.610.390.540.41
0.70.160.760.640.4-0.430.740.580.020.470.870.50.53-0.240.0-0.260.780.620.050.370.230.110.150.560.35
-0.21-0.13-0.22-0.22-0.390.27-0.25-0.240.02-0.28-0.13-0.270.050.26-0.320.26-0.17-0.260.46-0.30.1-0.1-0.04-0.24-0.24
0.910.720.560.930.43-0.880.740.620.47-0.280.770.320.42-0.720.56-0.760.580.97-0.320.29-0.320.31-0.390.930.97
0.850.330.870.80.56-0.770.930.810.87-0.130.770.480.56-0.640.35-0.590.880.85-0.160.350.080.40.030.760.64
0.470.210.580.40.8-0.120.480.340.5-0.270.320.480.43-0.130.160.130.610.430.150.970.33-0.110.260.270.24
0.450.180.470.360.47-0.160.580.440.530.050.420.560.43-0.250.22-0.090.690.430.040.260.430.01-0.010.230.35
-0.55-0.39-0.53-0.56-0.510.82-0.73-0.68-0.240.26-0.72-0.64-0.13-0.25-0.810.66-0.51-0.660.19-0.030.21-0.590.17-0.58-0.65
0.360.550.330.370.55-0.570.480.450.0-0.320.560.350.160.22-0.81-0.540.340.48-0.20.11-0.190.41-0.210.390.53
-0.61-0.46-0.45-0.65-0.140.86-0.59-0.58-0.260.26-0.76-0.590.13-0.090.66-0.54-0.39-0.70.650.140.4-0.580.32-0.74-0.72
0.680.170.960.580.76-0.570.880.890.78-0.170.580.880.610.69-0.510.34-0.390.67-0.070.470.480.40.370.490.4
0.980.670.660.980.46-0.870.780.670.62-0.260.970.850.430.43-0.660.48-0.70.67-0.270.38-0.220.35-0.280.960.9
-0.22-0.13-0.1-0.25-0.020.36-0.19-0.160.050.46-0.32-0.160.150.040.19-0.20.65-0.07-0.270.10.31-0.380.23-0.32-0.33
0.430.250.470.370.74-0.080.350.230.37-0.30.290.350.970.26-0.030.110.140.470.380.10.23-0.160.220.250.24
-0.16-0.410.42-0.290.40.30.10.370.230.1-0.320.080.330.430.21-0.190.40.48-0.220.310.230.020.86-0.4-0.51
0.3-0.110.490.270.2-0.620.440.610.11-0.10.310.4-0.110.01-0.590.41-0.580.40.35-0.38-0.160.020.140.320.17
-0.23-0.480.45-0.350.380.20.040.390.15-0.04-0.390.030.26-0.010.17-0.210.320.37-0.280.230.220.860.14-0.39-0.6
0.950.690.520.980.25-0.860.640.540.56-0.240.930.760.270.23-0.580.39-0.740.490.96-0.320.25-0.40.32-0.390.89
0.840.770.350.890.3-0.790.620.410.35-0.240.970.640.240.35-0.650.53-0.720.40.9-0.330.24-0.510.17-0.60.89
Click cells to compare fundamentals

Datamatics Global Account Relationship Matchups

Datamatics Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.2B9.1B11.1B12.8B14.6B15.4B
Other Current Liab33.9M276.9M584.9M375.9M587.7M617.1M
Total Current Liabilities2.6B1.5B2.2B1.9B1.9B1.3B
Total Stockholder Equity6.9B7.2B8.6B10.5B12.3B12.9B
Property Plant And Equipment Net1.4B1.3B1.9B1.3B1.2B1.1B
Net Debt(765.0M)(790.3M)(1.0B)(1.1B)(819.8M)(778.8M)
Accounts Payable897.3M895.4M999M1.1B1.0B534.5M
Cash1.9B991.0M1.7B1.3B993.6M673.8M
Non Current Assets Total4.0B2.7B3.1B3.6B5.2B3.0B
Non Currrent Assets Other303.6M272.0M(267.2M)248.3M176.8M168.0M
Cash And Short Term Investments2.2B3.3B4.3B5.7B4.6B4.8B
Net Receivables3.4B2.7B3.3B4.0B4.0B2.5B
Liabilities And Stockholders Equity10.2B9.1B11.1B12.8B14.6B15.4B
Non Current Liabilities Total440.2M382.9M403.4M545.9M495.9M294.8M
Inventory(254.9M)(1.2B)(1.6B)(1.2B)(315.2M)(331.0M)
Other Current Assets7M3.2B4.0B986.4M1.1B774.6M
Other Stockholder Equity1.5B1.1B1.1B905.5M921.5M1.7B
Total Liab3.0B1.9B2.6B2.4B2.4B1.6B
Total Current Assets6.2B6.4B8.0B9.2B9.5B9.9B
Accumulated Other Comprehensive Income(684.7M)856.7M807.9M901.3M1.0B1.1B
Intangible Assets168.9M81.6M78.9M58M54.2M51.5M
Short Long Term Debt Total1.2B200.7M630.2M212.6M173.8M165.1M
Current Deferred Revenue594.8M526.7M446.6M273.4M139.8M278.2M
Short Term Debt1.1B(21.5M)565.6M5.4M(40.6M)(38.6M)
Retained Earnings4.5B4.9B6.4B8.2B10.0B10.6B
Short Term Investments282.1M2.3B2.6B4.3B3.5B3.6B
Good Will2.0B724.5M732.7M781.6M971.9M1.3B
Other Liab330.7M277.9M338.8M417.5M480.1M277.9M
Net Tangible Assets4.7B6.4B7.8B9.6B11.1B11.6B
Other Assets(33.9M)(27.6M)(10.2M)255.2M229.7M131.4M
Property Plant Equipment1.4B1.3B1.3B1.3B1.5B1.4B
Long Term Debt Total109.4M105M64.6M128.4M115.6M92.3M
Net Invested Capital7.9B7.2B9.1B10.5B12.3B9.4B

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