Datamatics Total Current Assets vs Current Deferred Revenue 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 Total Current Assets and its Current Deferred Revenue 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.

Total Current Assets vs Current Deferred Revenue

Total Current Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datamatics Global Total Current Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Datamatics Global's Total Current Assets and Current Deferred Revenue is 0.35. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Current Deferred Revenue 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 Total Current Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Datamatics Global Services are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Assets i.e., Datamatics Global's Total Current Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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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