Datamatics Investments vs Capital Expenditures Analysis

DATAMATICS   580.40  13.90  2.45%   
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 Investments and its Capital Expenditures 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.

Investments vs Capital Expenditures

Investments vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datamatics Global Investments account and Capital Expenditures. At this time, the significance of the direction appears to have very week relationship.
The correlation between Datamatics Global's Investments and Capital Expenditures is 0.24. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Capital Expenditures 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 Investments and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Datamatics Global Services are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Investments i.e., Datamatics Global's Investments and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Capital Expenditures

Capital Expenditures are funds used by Datamatics Global to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Datamatics Global operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
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 gain to about 468 M in 2024, whereas Tax Provision is likely to drop slightly above 320.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit4.6B5.6B5.5B4.7B
Total Revenue12.0B14.6B15.5B7.8B

Datamatics Global fundamental ratios Correlations

0.680.660.990.43-0.80.750.630.7-0.210.910.850.470.45-0.330.34-0.610.680.98-0.220.43-0.160.3-0.140.950.84
0.680.130.730.18-0.520.220.160.21-0.140.720.350.210.17-0.080.45-0.470.160.7-0.160.26-0.44-0.12-0.410.740.78
0.660.130.570.75-0.640.860.920.76-0.220.560.870.580.47-0.480.32-0.450.960.66-0.10.470.420.490.50.520.35
0.990.730.570.35-0.820.70.560.64-0.220.930.80.40.36-0.320.35-0.650.580.98-0.250.37-0.290.27-0.250.980.89
0.430.180.750.35-0.350.670.630.4-0.390.440.560.80.46-0.510.55-0.140.750.46-0.020.740.410.20.390.250.29
-0.8-0.52-0.64-0.82-0.35-0.73-0.77-0.430.27-0.89-0.77-0.12-0.160.67-0.560.86-0.57-0.870.36-0.080.3-0.620.15-0.86-0.79
0.750.220.860.70.67-0.730.810.74-0.250.750.930.480.58-0.660.47-0.590.880.78-0.190.350.10.440.060.640.62
0.630.160.920.560.63-0.770.810.58-0.240.630.810.340.44-0.640.45-0.580.890.67-0.160.230.370.610.420.540.41
0.70.210.760.640.4-0.430.740.580.020.460.870.50.53-0.12-0.03-0.260.780.620.050.370.230.110.220.560.35
-0.21-0.14-0.22-0.22-0.390.27-0.25-0.240.02-0.28-0.12-0.270.060.21-0.320.25-0.17-0.260.46-0.30.1-0.1-0.07-0.23-0.24
0.910.720.560.930.44-0.890.750.630.46-0.280.770.320.42-0.540.55-0.760.590.96-0.320.29-0.320.32-0.330.920.97
0.850.350.870.80.56-0.770.930.810.87-0.120.770.480.56-0.520.33-0.590.880.85-0.160.350.080.40.080.760.64
0.470.210.580.40.8-0.120.480.340.5-0.270.320.480.43-0.080.160.130.610.430.150.970.33-0.110.310.270.24
0.450.170.470.360.46-0.160.580.440.530.060.420.560.43-0.210.21-0.090.690.430.040.260.430.010.00.230.35
-0.33-0.08-0.48-0.32-0.510.67-0.66-0.64-0.120.21-0.54-0.52-0.08-0.21-0.780.53-0.46-0.450.110.030.08-0.590.08-0.34-0.44
0.340.450.320.350.55-0.560.470.45-0.03-0.320.550.330.160.21-0.78-0.530.330.46-0.190.1-0.170.42-0.210.360.51
-0.61-0.47-0.45-0.65-0.140.86-0.59-0.58-0.260.25-0.76-0.590.13-0.090.53-0.53-0.39-0.70.650.140.4-0.580.28-0.74-0.72
0.680.160.960.580.75-0.570.880.890.78-0.170.590.880.610.69-0.460.33-0.390.67-0.070.470.480.40.410.490.4
0.980.70.660.980.46-0.870.780.670.62-0.260.960.850.430.43-0.450.46-0.70.67-0.270.38-0.220.35-0.20.960.9
-0.22-0.16-0.1-0.25-0.020.36-0.19-0.160.050.46-0.32-0.160.150.040.11-0.190.65-0.07-0.270.10.31-0.380.21-0.32-0.33
0.430.260.470.370.74-0.080.350.230.37-0.30.290.350.970.260.030.10.140.470.380.10.23-0.160.270.250.24
-0.16-0.440.42-0.290.410.30.10.370.230.1-0.320.080.330.430.08-0.170.40.48-0.220.310.230.020.85-0.4-0.51
0.3-0.120.490.270.2-0.620.440.610.11-0.10.320.4-0.110.01-0.590.42-0.580.40.35-0.38-0.160.020.130.320.17
-0.14-0.410.5-0.250.390.150.060.420.22-0.07-0.330.080.310.00.08-0.210.280.41-0.20.210.270.850.13-0.29-0.54
0.950.740.520.980.25-0.860.640.540.56-0.230.920.760.270.23-0.340.36-0.740.490.96-0.320.25-0.40.32-0.290.89
0.840.780.350.890.29-0.790.620.410.35-0.240.970.640.240.35-0.440.51-0.720.40.9-0.330.24-0.510.17-0.540.89
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Datamatics Global Account Relationship Matchups

Datamatics Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.2B9.1B11.1B12.8B14.6B15.4B
Other Current Liab33.9M276.9M584.9M375.9M727.5M763.9M
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)248.3M182.2M173.1M
Cash And Short Term Investments2.2B3.3B4.3B5.7B4.5B4.7B
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)145.9M153.2M
Other Current Assets7M3.2B4.0B986.4M920.4M762.7M
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)565.6M5.4M99.2M94.2M
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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