Data Gross Profit vs Reconciled Depreciation 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 Gross Profit and its Reconciled Depreciation 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.

Gross Profit vs Reconciled Depreciation

Gross Profit vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Data Patterns Limited Gross Profit account and Reconciled Depreciation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Data Patterns' Gross Profit and Reconciled Depreciation is 0.85. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Reconciled Depreciation 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' Gross Profit and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Data Patterns Limited are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Gross Profit i.e., Data Patterns' Gross Profit and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Data Patterns Limited minus its cost of goods sold. It is profit before Data Patterns operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Reconciled Depreciation

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
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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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