DatChat Common Stock Total Equity vs Cash Analysis
DATS Stock | USD 1.85 0.17 8.42% |
DatChat financial indicator trend analysis is much more than just examining DatChat latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DatChat is a good investment. Please check the relationship between DatChat Common Stock Total Equity and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DatChat. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy DatChat Stock please use our How to Invest in DatChat guide.
Common Stock Total Equity vs Cash
Common Stock Total Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DatChat Common Stock Total Equity account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between DatChat's Common Stock Total Equity and Cash is -0.07. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash in the same time period over historical financial statements of DatChat, assuming nothing else is changed. The correlation between historical values of DatChat's Common Stock Total Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of DatChat are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Total Equity i.e., DatChat's Common Stock Total Equity and Cash go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Cash
Cash refers to the most liquid asset of DatChat, which is listed under current asset account on DatChat balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from DatChat customers. The amounts must be unrestricted with restricted cash listed in a different DatChat account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from DatChat's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DatChat 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 DatChat. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy DatChat Stock please use our How to Invest in DatChat guide.Selling General Administrative is likely to drop to about 848.3 K in 2024. Issuance Of Capital Stock is likely to drop to 950.00 in 2024
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 45.5K | 177.3K | 28.9K | 27.5K | Interest Income | 3.5K | 12.3K | 10.3K | 5.8K |
DatChat fundamental ratios Correlations
Click cells to compare fundamentals
DatChat Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for DatChat Stock Analysis
When running DatChat's price analysis, check to measure DatChat's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DatChat is operating at the current time. Most of DatChat's value examination focuses on studying past and present price action to predict the probability of DatChat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DatChat's price. Additionally, you may evaluate how the addition of DatChat to your portfolios can decrease your overall portfolio volatility.