DGI Cost Of Revenue vs Income Before Tax Analysis
DGI Stock | 0.02 0.0005 3.03% |
DG Innovate financial indicator trend analysis is much more than just examining DG Innovate PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DG Innovate PLC is a good investment. Please check the relationship between DG Innovate Cost Of Revenue and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Cost Of Revenue vs Income Before Tax
Cost Of Revenue vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DG Innovate PLC Cost Of Revenue account and Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between DG Innovate's Cost Of Revenue and Income Before Tax is -0.01. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of DG Innovate PLC, assuming nothing else is changed. The correlation between historical values of DG Innovate's Cost Of Revenue and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of DG Innovate PLC are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Cost Of Revenue i.e., DG Innovate's Cost Of Revenue and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on DG Innovate PLC income statement and represents the costs associated with goods and services DG Innovate provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on DG Innovate income statement and is an important metric when analyzing DG Innovate PLC profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from DG Innovate's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DG Innovate PLC 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, DG Innovate's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
DG Innovate fundamental ratios Correlations
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DG Innovate Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DG Innovate fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 468.0 | 5.2M | 6.6M | 7.2M | 6.5M | 6.8M | |
Total Current Liabilities | 2.1M | 1.2M | 640.2K | 564.9K | 649.6K | 779.7K | |
Total Stockholder Equity | (2.1M) | 2.8M | 5.4M | 4.4M | 3.9M | 4.1M | |
Retained Earnings | (36.6M) | (35.7M) | (46.2M) | (10.3M) | (9.2M) | (9.7M) | |
Accounts Payable | 365.7K | 234.6K | 204.4K | 91.7K | 105.5K | 160.0K | |
Cash | 468.0 | 57.5K | 235.0K | 1.9M | 2.2M | 2.3M | |
Other Stockholder Equity | 34.2M | 36.5M | 68.7M | 32.0M | 36.8M | 31.5M | |
Total Liab | 2.1M | 2.4M | 1.2M | 2.9M | 3.3M | 3.5M | |
Total Current Assets | 468.0 | 174.7K | 1.3M | 2.3M | 2.6M | 2.8M | |
Common Stock | 202.6K | 2.0M | 8.8M | 9.3M | 8.4M | 8.8M | |
Other Current Liab | 1.6M | 151.0K | 292.7K | 265.2K | 305.0K | 396.0K | |
Property Plant And Equipment Net | 551.5K | 859.7K | 725.1K | 536.2K | 616.7K | 639.9K | |
Net Debt | 211.6K | 1.8M | 380.0K | 574.5K | 660.6K | 693.7K | |
Non Currrent Assets Other | 1K | (5.3M) | (5.3M) | (1.0) | (0.9) | (0.94) | |
Cash And Short Term Investments | 468.0 | 57.5K | 235.0K | 1.9M | 2.2M | 2.3M | |
Common Stock Shares Outstanding | 196.0M | 1.8B | 7.0B | 9.6B | 11.1B | 11.6B | |
Liabilities And Stockholders Equity | 468.0 | 5.2M | 6.6M | 7.2M | 8.3M | 8.7M | |
Other Current Assets | 324.3K | 117.3K | 1.0M | 404.7K | 465.4K | 286.5K | |
Short Long Term Debt Total | 212.1K | 1.9M | 615.0K | 2.5M | 2.8M | 3.0M | |
Short Term Debt | 212.1K | 764.8K | 143.2K | 208.0K | 239.1K | 257.0K | |
Net Invested Capital | (2.0M) | 934.4K | 5.5M | 6.5M | 7.4M | 7.8M | |
Net Working Capital | (2.1M) | 853.9K | 618.3K | 1.7M | 2.0M | 2.1M | |
Intangible Assets | 3.8M | 4.1M | 4.6M | 4.4M | 5.1M | 4.0M | |
Net Receivables | 13.8K | 86.7K | 894.4K | 404.7K | 465.4K | 253.6K | |
Long Term Debt | 919.8K | 880.7K | 185.4K | 1.9M | 2.2M | 2.3M | |
Short Long Term Debt | 152.1K | 715.2K | 83.3K | 132.8K | 152.7K | 192.3K | |
Property Plant And Equipment Gross | 1.7M | 98.6K | 2.1M | 1.8M | 2.1M | 1.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in DGI Stock
Balance Sheet is a snapshot of the financial position of DG Innovate PLC at a specified time, usually calculated after every quarter, six months, or one year. DG Innovate Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DG Innovate and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which DGI currently owns. An asset can also be divided into two categories, current and non-current.