Datamatics Other Current Liab vs Property Plant And Equipment Net 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 Other Current Liab and its Property Plant And Equipment Net 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.

Other Current Liab vs Property Plant And Equipment Net

Other Current Liab vs Property Plant And Equipment Net Correlation Analysis

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

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Liab

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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
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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 Liab33.9M276.9M584.9M375.9M587.7M617.1M
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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