DGI Depreciation And Amortization vs Interest Income 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 Depreciation And Amortization and its Interest Income 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.

Depreciation And Amortization vs Interest Income

Depreciation And Amortization vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DG Innovate PLC Depreciation And Amortization account and Interest Income. At this time, the significance of the direction appears to have very week relationship.

The correlation between DG Innovate's Depreciation And Amortization and Interest Income is 0.26. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Interest Income 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 Depreciation And Amortization and Interest Income 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 DG Innovate PLC are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Depreciation And Amortization i.e., DG Innovate's Depreciation And Amortization and Interest Income go up and down completely randomly.

Correlation Coefficient

0.26

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

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 Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

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

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Stockholder Equity	Total Liab	Long Term Investments	Total Current Assets	Common Stock	Other Current Liab	Property Plant Equipment	Property Plant And Equipment Net	Net Debt	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Short Long Term Debt Total	Short Term Debt	Non Current Assets Total	Net Invested Capital
Total Assets		-0.11	0.96	0.42	0.58	-0.15	0.66	-0.29	0.38	0.06	0.63	0.42	-0.3	0.08	0.09	0.36	-0.16	0.39	0.53	0.59	0.5	0.5	0.57	0.22	0.6	0.55
Total Current Liabilities	-0.11		-0.28	-0.33	-0.13	0.89	-0.13	0.1	0.46	-0.47	-0.24	-0.68	0.89	-0.47	-0.18	0.36	-0.34	-0.19	-0.09	-0.02	-0.12	0.02	-0.01	0.45	-0.49	-0.65
Total Stockholder Equity	0.96	-0.28		0.6	0.46	-0.31	0.52	-0.36	0.12	0.27	0.51	0.48	-0.43	0.28	0.13	0.16	-0.05	0.26	0.37	0.42	0.31	0.45	0.4	0.06	0.59	0.57
Net Tangible Assets	0.42	-0.33	0.6		0.08	-0.49	-0.06	-0.81	-0.51	0.67	-0.16	0.28	-0.37	0.66	0.11	-0.46	0.46	-0.31	-0.26	-0.38	-0.33	-0.22	-0.32	-0.36	0.09	0.19
Retained Earnings	0.58	-0.13	0.46	0.08		-0.22	0.94	-0.36	0.61	-0.07	0.82	0.37	-0.16	-0.03	-0.15	0.22	0.31	0.33	0.9	0.71	0.79	0.06	0.81	0.06	0.34	0.57
Accounts Payable	-0.15	0.89	-0.31	-0.49	-0.22		-0.15	0.33	0.45	-0.58	-0.2	-0.73	0.82	-0.57	0.03	0.4	-0.6	-0.16	-0.08	0.06	-0.1	0.14	0.03	0.42	-0.5	-0.67
Cash	0.66	-0.13	0.52	-0.06	0.94	-0.15		-0.1	0.69	-0.17	0.95	0.42	-0.13	-0.13	-0.1	0.31	0.13	0.44	0.97	0.89	0.85	0.35	0.88	0.08	0.43	0.65
Other Stockholder Equity	-0.29	0.1	-0.36	-0.81	-0.36	0.33	-0.1		0.16	-0.37	0.12	-0.09	0.2	-0.38	0.09	0.28	-0.54	0.21	0.07	0.31	0.07	0.57	0.11	0.17	0.09	-0.06
Total Liab	0.38	0.46	0.12	-0.51	0.61	0.45	0.69	0.16		-0.66	0.65	-0.07	0.33	-0.62	-0.12	0.73	-0.34	0.52	0.75	0.78	0.81	0.3	0.8	0.55	0.19	0.15
Long Term Investments	0.06	-0.47	0.27	0.67	-0.07	-0.58	-0.17	-0.37	-0.66		-0.16	0.44	-0.33	0.99	0.31	-0.51	0.55	-0.51	-0.29	-0.41	-0.43	-0.12	-0.34	-0.37	0.19	0.27
Total Current Assets	0.63	-0.24	0.51	-0.16	0.82	-0.2	0.95	0.12	0.65	-0.16		0.56	-0.21	-0.12	-0.03	0.31	0.02	0.54	0.95	0.94	0.87	0.53	0.84	0.04	0.57	0.76
Common Stock	0.42	-0.68	0.48	0.28	0.37	-0.73	0.42	-0.09	-0.07	0.44	0.56		-0.66	0.45	-0.15	-0.18	0.27	0.46	0.38	0.36	0.42	0.31	0.24	-0.35	0.79	0.95
Other Current Liab	-0.3	0.89	-0.43	-0.37	-0.16	0.82	-0.13	0.2	0.33	-0.33	-0.21	-0.66		-0.33	-0.05	0.08	-0.11	-0.44	-0.09	-0.05	-0.24	0.06	-0.13	0.15	-0.66	-0.67
Property Plant Equipment	0.08	-0.47	0.28	0.66	-0.03	-0.57	-0.13	-0.38	-0.62	0.99	-0.12	0.45	-0.33		0.31	-0.49	0.56	-0.5	-0.24	-0.37	-0.39	-0.12	-0.3	-0.36	0.17	0.3
Property Plant And Equipment Net	0.09	-0.18	0.13	0.11	-0.15	0.03	-0.1	0.09	-0.12	0.31	-0.03	-0.15	-0.05	0.31		0.15	-0.12	-0.4	-0.14	-0.08	-0.16	0.15	-0.04	0.19	-0.01	-0.13
Net Debt	0.36	0.36	0.16	-0.46	0.22	0.4	0.31	0.28	0.73	-0.51	0.31	-0.18	0.08	-0.49	0.15		-0.66	0.53	0.36	0.49	0.56	0.25	0.67	0.94	0.36	-0.01
Non Currrent Assets Other	-0.16	-0.34	-0.05	0.46	0.31	-0.6	0.13	-0.54	-0.34	0.55	0.02	0.27	-0.11	0.56	-0.12	-0.66		-0.41	0.06	-0.23	-0.13	-0.41	-0.19	-0.57	-0.18	0.21
Other Assets	0.39	-0.19	0.26	-0.31	0.33	-0.16	0.44	0.21	0.52	-0.51	0.54	0.46	-0.44	-0.5	-0.4	0.53	-0.41		0.5	0.61	0.77	0.29	0.57	0.31	0.68	0.57
Cash And Short Term Investments	0.53	-0.09	0.37	-0.26	0.9	-0.08	0.97	0.07	0.75	-0.29	0.95	0.38	-0.09	-0.24	-0.14	0.36	0.06	0.5		0.93	0.9	0.36	0.92	0.12	0.41	0.61
Common Stock Shares Outstanding	0.59	-0.02	0.42	-0.38	0.71	0.06	0.89	0.31	0.78	-0.41	0.94	0.36	-0.05	-0.37	-0.08	0.49	-0.23	0.61	0.93		0.87	0.63	0.89	0.21	0.49	0.59
Non Current Liabilities Total	0.5	-0.12	0.31	-0.33	0.79	-0.1	0.85	0.07	0.81	-0.43	0.87	0.42	-0.24	-0.39	-0.16	0.56	-0.13	0.77	0.9	0.87		0.27	0.9	0.31	0.56	0.63
Other Current Assets	0.5	0.02	0.45	-0.22	0.06	0.14	0.35	0.57	0.3	-0.12	0.53	0.31	0.06	-0.12	0.15	0.25	-0.41	0.29	0.36	0.63	0.27		0.32	0.05	0.47	0.37
Short Long Term Debt Total	0.57	-0.01	0.4	-0.32	0.81	0.03	0.88	0.11	0.8	-0.34	0.84	0.24	-0.13	-0.3	-0.04	0.67	-0.19	0.57	0.92	0.89	0.9	0.32		0.47	0.48	0.5
Short Term Debt	0.22	0.45	0.06	-0.36	0.06	0.42	0.08	0.17	0.55	-0.37	0.04	-0.35	0.15	-0.36	0.19	0.94	-0.57	0.31	0.12	0.21	0.31	0.05	0.47		0.2	-0.22
Non Current Assets Total	0.6	-0.49	0.59	0.09	0.34	-0.5	0.43	0.09	0.19	0.19	0.57	0.79	-0.66	0.17	-0.01	0.36	-0.18	0.68	0.41	0.49	0.56	0.47	0.48	0.2		0.82
Net Invested Capital	0.55	-0.65	0.57	0.19	0.57	-0.67	0.65	-0.06	0.15	0.27	0.76	0.95	-0.67	0.3	-0.13	-0.01	0.21	0.57	0.61	0.59	0.63	0.37	0.5	-0.22	0.82

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DG Innovate Account Relationship Matchups

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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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.

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DGI Depreciation And Amortization vs Interest Income Analysis

Depreciation And Amortization vs Interest Income

Depreciation And Amortization vs Interest Income Correlation Analysis

Correlation Coefficient

Depreciation And Amortization

Interest Income

DG Innovate fundamental ratios Correlations

DG Innovate Account Relationship Matchups

High Positive Relationship

High Negative Relationship

DG Innovate fundamental ratios Accounts

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Other Information on Investing in DGI Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant Equipment	+ 0.99	Long Term Investments
Cash And Short Term Investments	+ 0.97	Cash
Total Stockholder Equity	+ 0.96	Total Assets
Total Current Assets	+ 0.95	Cash
Cash And Short Term Investments	+ 0.95	Total Current Assets
Net Invested Capital	+ 0.95	Common Stock

Other Stockholder Equity	- 0.81	Net Tangible Assets
Common Stock	- 0.73	Accounts Payable
Common Stock	- 0.68	Total Current Liabilities
Net Invested Capital	- 0.67	Other Current Liab
Net Invested Capital	- 0.67	Accounts Payable
Non Currrent Assets Other	- 0.66	Net Debt