Data Depreciation And Amortization vs Interest Expense Analysis

DATAPATTNS   2,503  36.60  1.48%   
Data Patterns financial indicator trend analysis is much more than just examining Data Patterns Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Data Patterns Limited is a good investment. Please check the relationship between Data Patterns Depreciation And Amortization and its Interest Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Data Patterns Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Depreciation And Amortization vs Interest Expense

Depreciation And Amortization vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Data Patterns Limited Depreciation And Amortization account and Interest Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Data Patterns' Depreciation And Amortization and Interest Expense is -0.5. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Data Patterns Limited, assuming nothing else is changed. The correlation between historical values of Data Patterns' Depreciation And Amortization and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Data Patterns Limited are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Depreciation And Amortization i.e., Data Patterns' Depreciation And Amortization and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Data Patterns' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Data Patterns Limited 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 Data Patterns Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, Data Patterns' Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 1 B in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization66.3M84.5M161.3M88.2M
Interest Income39.6M84.2M295.9M310.7M

Data Patterns fundamental ratios Correlations

-0.870.670.680.92-0.140.880.990.7-0.840.980.960.80.960.560.880.920.990.460.34-0.790.980.870.930.941.0
-0.87-0.66-0.64-0.920.04-0.98-0.83-0.690.94-0.91-0.9-0.88-0.88-0.47-0.95-0.89-0.91-0.24-0.260.96-0.8-0.84-0.92-0.69-0.88
0.67-0.660.990.820.160.740.720.98-0.410.720.620.30.7-0.080.750.810.650.64-0.31-0.470.730.910.780.740.65
0.68-0.640.990.830.050.750.730.98-0.430.720.650.330.71-0.030.770.830.650.7-0.29-0.440.750.930.80.760.67
0.92-0.920.820.83-0.070.960.90.84-0.840.910.90.780.90.460.961.00.930.520.21-0.820.890.981.00.850.92
-0.140.040.160.05-0.07-0.12-0.10.190.23-0.08-0.26-0.3-0.18-0.27-0.19-0.07-0.110.28-0.120.14-0.09-0.06-0.1-0.07-0.15
0.88-0.980.740.750.96-0.120.850.79-0.910.90.930.850.920.40.990.930.890.360.15-0.90.840.910.950.730.89
0.99-0.830.720.730.9-0.10.850.75-0.770.980.950.720.970.460.860.90.960.540.24-0.721.00.870.910.970.98
0.7-0.690.980.980.840.190.790.75-0.480.740.680.380.75-0.050.80.830.660.72-0.28-0.490.760.910.810.750.68
-0.840.94-0.41-0.43-0.840.23-0.91-0.77-0.48-0.83-0.91-0.99-0.84-0.68-0.89-0.82-0.87-0.15-0.490.94-0.74-0.71-0.86-0.62-0.86
0.98-0.910.720.720.91-0.080.90.980.74-0.830.950.760.970.430.890.90.980.390.21-0.830.970.870.910.910.98
0.96-0.90.620.650.9-0.260.930.950.68-0.910.950.880.980.520.940.890.940.40.27-0.830.930.840.910.850.97
0.8-0.880.30.330.78-0.30.850.720.38-0.990.760.880.790.730.850.760.830.120.56-0.90.690.630.80.560.82
0.96-0.880.70.710.9-0.180.920.970.75-0.840.970.980.790.390.920.880.940.440.14-0.790.960.860.890.880.96
0.56-0.47-0.08-0.030.46-0.270.40.46-0.05-0.680.430.520.730.390.390.510.610.060.95-0.560.440.310.520.420.58
0.88-0.950.750.770.96-0.190.990.860.8-0.890.890.940.850.920.390.930.880.410.13-0.860.850.920.950.750.89
0.92-0.890.810.831.0-0.070.930.90.83-0.820.90.890.760.880.510.930.930.560.26-0.790.90.971.00.870.92
0.99-0.910.650.650.93-0.110.890.960.66-0.870.980.940.830.940.610.880.930.380.4-0.860.950.860.930.90.99
0.46-0.240.640.70.520.280.360.540.72-0.150.390.40.120.440.060.410.560.38-0.070.010.580.590.530.640.44
0.34-0.26-0.31-0.290.21-0.120.150.24-0.28-0.490.210.270.560.140.950.130.260.4-0.07-0.380.210.050.280.210.36
-0.790.96-0.47-0.44-0.820.14-0.9-0.72-0.490.94-0.83-0.83-0.9-0.79-0.56-0.86-0.79-0.860.01-0.38-0.68-0.71-0.82-0.56-0.81
0.98-0.80.730.750.89-0.090.841.00.76-0.740.970.930.690.960.440.850.90.950.580.21-0.680.880.90.980.97
0.87-0.840.910.930.98-0.060.910.870.91-0.710.870.840.630.860.310.920.970.860.590.05-0.710.880.960.860.86
0.93-0.920.780.81.0-0.10.950.910.81-0.860.910.910.80.890.520.951.00.930.530.28-0.820.90.960.850.93
0.94-0.690.740.760.85-0.070.730.970.75-0.620.910.850.560.880.420.750.870.90.640.21-0.560.980.860.850.93
1.0-0.880.650.670.92-0.150.890.980.68-0.860.980.970.820.960.580.890.920.990.440.36-0.810.970.860.930.93
Click cells to compare fundamentals

Data Patterns Account Relationship Matchups

Data Patterns fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B3.3B7.1B14.3B16.9B8.7B
Short Long Term Debt Total665.0M371.7M91.9M24.9M35M33.3M
Other Current Liab131.0M296.0M102.0M198.9M3.0B3.1B
Total Current Liabilities1.2B717M1.0B1.3B3.5B3.7B
Total Stockholder Equity1.5B2.1B5.7B11.7B13.2B13.9B
Property Plant And Equipment Net331.9M324.3M634.6M1.1B1.6B792.4M
Current Deferred Revenue(621.0M)(249.7M)352.7M149.4M2.9B3.0B
Net Debt649.8M283.7M(1.5B)(2.1B)(846.4M)(804.1M)
Retained Earnings1.1B1.6B2.5B3.5B5.1B2.7B
Accounts Payable172.6M120M381.5M445.6M501.1M326.2M
Cash15.1M88.1M1.6B2.1B881.4M871.3M
Non Current Assets Total798.2M670.6M1.9B2.0B2.9B1.6B
Non Currrent Assets Other(9.2M)(12.3M)123.2M4.1B26.1M24.8M
Cash And Short Term Investments15.1M88.1M1.6B6.2B6.5B6.9B
Net Receivables1.2B1.6B2.0B3.8B4.0B2.5B
Liabilities And Stockholders Equity3.0B3.3B7.1B14.3B16.9B8.7B
Non Current Liabilities Total251.2M489.0M287M1.4B173.5M164.8M
Capital Lease Obligations59.3M39.5M24.3M17.7M35M32.8M
Inventory794.1M737.5M1.2B1.9B2.7B1.5B
Other Current Assets189.8M113.3M246.9M525.9M804.4M844.6M
Total Liab1.4B1.2B1.3B2.7B3.7B2.2B
Net Invested Capital2.1B2.4B5.8B11.7B13.2B6.8B
Total Current Assets2.2B2.6B5.2B12.4B14.0B7.0B
Accumulated Other Comprehensive Income89.1M79.6M(3.4M)(13.7M)13.1B13.8B
Net Working Capital987.9M1.9B4.2B11.1B10.5B5.4B
Short Term Debt621.0M249.7M73.6M18M6.5M6.2M
Intangible Assets1.6M5.6M13.5M20M427.3M448.7M

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