DGI Net Interest Income vs Total Operating Expenses Analysis
DGI Stock | 0.1 0.01 13.64% |
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 Net Interest Income and its Total Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DG Innovate PLC. 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.
Net Interest Income vs Total Operating Expenses
Net Interest Income vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DG Innovate PLC Net Interest Income account and Total Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between DG Innovate's Net Interest Income and Total Operating Expenses is -0.08. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Total Operating Expenses 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 Net Interest Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of DG Innovate PLC are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Interest Income i.e., DG Innovate's Net Interest Income and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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, which includes a position in DG Innovate PLC. 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. The current year's Selling General Administrative is expected to grow to about 3.2 M, whereas Tax Provision is forecasted to decline to (138 K).
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
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.2K | 468.0 | 5.2M | 6.6M | 7.2M | 7.6M | |
Total Current Liabilities | 1.9M | 2.1M | 1.2M | 640.2K | 564.9K | 779.7K | |
Total Stockholder Equity | (1.9M) | (2.1M) | 2.8M | 5.4M | 4.4M | 4.6M | |
Net Tangible Assets | (13.7K) | (1.6M) | (1.9M) | (2.1M) | (1.9M) | (1.8M) | |
Retained Earnings | (36.3M) | (36.6M) | (35.7M) | (46.2M) | (10.3M) | (10.8M) | |
Accounts Payable | 323.4K | 365.7K | 234.6K | 204.4K | 91.7K | 160.0K | |
Cash | 162.0 | 468.0 | 57.5K | 235.0K | 1.9M | 2.0M | |
Total Liab | 1.9M | 2.1M | 2.4M | 1.2M | 2.9M | 1.5M | |
Total Current Assets | 10.2K | 468.0 | 174.7K | 1.3M | 2.3M | 2.4M | |
Other Current Liab | 1.3M | 1.6M | 151.0K | 292.7K | 265.2K | 396.0K | |
Property Plant And Equipment Net | 650.2K | 551.5K | 859.7K | 725.1K | 536.2K | 639.9K | |
Net Debt | 291.0K | 211.6K | 1.8M | 380.0K | 574.5K | 319.2K | |
Non Currrent Assets Other | 200K | 1K | (5.3M) | (5.3M) | (1.0) | (1.05) | |
Cash And Short Term Investments | 162.0 | 468.0 | 57.5K | 235.0K | 1.9M | 2.0M | |
Liabilities And Stockholders Equity | 10.2K | 468.0 | 5.2M | 6.6M | 7.2M | 7.6M | |
Other Current Assets | 10.1K | 324.3K | 117.3K | 1.0M | 404.7K | 286.5K | |
Short Long Term Debt Total | 291.2K | 212.1K | 1.9M | 615.0K | 2.5M | 2.6M | |
Short Term Debt | 291.2K | 212.1K | 764.8K | 143.2K | 208.0K | 257.0K | |
Net Invested Capital | (1.6M) | (2.0M) | 934.4K | 5.5M | 6.5M | 6.8M | |
Net Working Capital | (1.9M) | (2.1M) | 853.9K | 618.3K | 1.7M | 1.8M | |
Intangible Assets | 3.5M | 3.8M | 4.1M | 4.6M | 4.4M | 4.0M | |
Net Receivables | 10.1K | 13.8K | 86.7K | 894.4K | 404.7K | 253.6K | |
Long Term Debt | 537.6K | 919.8K | 880.7K | 185.4K | 1.9M | 2.0M | |
Short Long Term Debt | 291.2K | 152.1K | 715.2K | 83.3K | 132.8K | 192.3K |
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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.