DatChat Total Current Liabilities vs Asset Turnover Analysis

DATSW Stock  USD 0.07  0.02  50.00%   
DatChat Series financial indicator trend analysis is much more than just examining DatChat Series A latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DatChat Series A is a good investment. Please check the relationship between DatChat Series Total Current Liabilities and its Asset Turnover accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DatChat Series A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Total Current Liabilities vs Asset Turnover

Total Current Liabilities vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DatChat Series A Total Current Liabilities account and Asset Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between DatChat Series' Total Current Liabilities and Asset Turnover is -0.06. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of DatChat Series A, assuming nothing else is changed. The correlation between historical values of DatChat Series' Total Current Liabilities and Asset Turnover 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 Liabilities of DatChat Series A are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Current Liabilities i.e., DatChat Series' Total Current Liabilities and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on DatChat Series balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of DatChat Series A are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from DatChat Series' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DatChat Series A 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 Series A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
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 Amortization45.5K177.3K89.5K85.0K
Interest Income3.5K12.3K10.3K5.8K

DatChat Series fundamental ratios Correlations

-0.57-0.90.041.00.98-0.83-0.670.980.820.97-0.421.00.810.940.920.930.860.290.950.9-0.771.00.780.95-0.68
-0.570.550.76-0.58-0.540.290.75-0.49-0.26-0.54-0.2-0.57-0.73-0.47-0.58-0.33-0.740.6-0.67-0.690.96-0.57-0.7-0.670.99
-0.90.550.08-0.9-0.910.670.54-0.86-0.66-0.920.24-0.9-0.67-0.77-0.78-0.75-0.78-0.17-0.82-0.790.72-0.9-0.68-0.820.64
0.040.760.080.020.1-0.150.220.170.170.08-0.380.03-0.130.180.060.25-0.150.96-0.05-0.080.580.03-0.13-0.060.68
1.0-0.58-0.90.020.98-0.83-0.670.980.820.97-0.411.00.810.940.920.930.870.280.950.9-0.781.00.790.95-0.7
0.98-0.54-0.910.10.98-0.72-0.740.990.711.0-0.270.980.860.940.940.870.910.330.950.93-0.740.980.840.95-0.64
-0.830.290.67-0.15-0.83-0.720.22-0.78-1.0-0.680.84-0.83-0.41-0.81-0.7-0.95-0.51-0.39-0.74-0.630.48-0.83-0.44-0.740.44
-0.670.750.540.22-0.67-0.740.22-0.72-0.2-0.75-0.29-0.67-0.97-0.7-0.81-0.45-0.930.1-0.8-0.860.81-0.66-0.93-0.80.74
0.98-0.49-0.860.170.980.99-0.78-0.720.770.98-0.370.980.850.980.960.920.890.40.960.93-0.70.980.830.96-0.59
0.82-0.26-0.660.170.820.71-1.0-0.20.770.67-0.850.820.390.80.690.940.490.410.730.61-0.460.820.420.73-0.42
0.97-0.54-0.920.080.971.0-0.68-0.750.980.67-0.220.970.860.920.930.840.910.320.930.92-0.740.970.840.93-0.63
-0.42-0.20.24-0.38-0.41-0.270.84-0.29-0.37-0.85-0.22-0.410.1-0.44-0.27-0.690.01-0.52-0.29-0.15-0.03-0.420.05-0.29-0.04
1.0-0.57-0.90.031.00.98-0.83-0.670.980.820.97-0.410.810.940.920.930.860.290.950.9-0.771.00.780.95-0.69
0.81-0.73-0.67-0.130.810.86-0.41-0.970.850.390.860.10.810.820.890.630.960.040.890.92-0.840.810.930.89-0.76
0.94-0.47-0.770.180.940.94-0.81-0.70.980.80.92-0.440.940.820.980.920.880.390.970.94-0.670.940.860.97-0.58
0.92-0.58-0.780.060.920.94-0.7-0.810.960.690.93-0.270.920.890.980.840.950.260.990.99-0.750.920.940.99-0.67
0.93-0.33-0.750.250.930.87-0.95-0.450.920.940.84-0.690.930.630.920.840.680.490.850.77-0.560.930.610.85-0.48
0.86-0.74-0.78-0.150.870.91-0.51-0.930.890.490.910.010.860.960.880.950.680.030.950.99-0.860.860.980.95-0.78
0.290.6-0.170.960.280.33-0.390.10.40.410.32-0.520.290.040.390.260.490.030.170.110.370.290.020.160.49
0.95-0.67-0.82-0.050.950.95-0.74-0.80.960.730.93-0.290.950.890.970.990.850.950.170.99-0.820.950.921.0-0.75
0.9-0.69-0.79-0.080.90.93-0.63-0.860.930.610.92-0.150.90.920.940.990.770.990.110.99-0.820.90.970.99-0.75
-0.770.960.720.58-0.78-0.740.480.81-0.7-0.46-0.74-0.03-0.77-0.84-0.67-0.75-0.56-0.860.37-0.82-0.82-0.77-0.8-0.830.99
1.0-0.57-0.90.031.00.98-0.83-0.660.980.820.97-0.421.00.810.940.920.930.860.290.950.9-0.770.780.95-0.68
0.78-0.7-0.68-0.130.790.84-0.44-0.930.830.420.840.050.780.930.860.940.610.980.020.920.97-0.80.780.92-0.73
0.95-0.67-0.82-0.060.950.95-0.74-0.80.960.730.93-0.290.950.890.970.990.850.950.161.00.99-0.830.950.92-0.76
-0.680.990.640.68-0.7-0.640.440.74-0.59-0.42-0.63-0.04-0.69-0.76-0.58-0.67-0.48-0.780.49-0.75-0.750.99-0.68-0.73-0.76
Click cells to compare fundamentals

DatChat Series Account Relationship Matchups

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When running DatChat Series' price analysis, check to measure DatChat Series' 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 Series is operating at the current time. Most of DatChat Series' value examination focuses on studying past and present price action to predict the probability of DatChat Series' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DatChat Series' price. Additionally, you may evaluate how the addition of DatChat Series to your portfolios can decrease your overall portfolio volatility.