DGI Other Operating Expenses vs Depreciation And Amortization 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 Other Operating Expenses and its Depreciation And Amortization 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.

Other Operating Expenses vs Depreciation And Amortization

Other Operating Expenses vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DG Innovate PLC Other Operating Expenses account and Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between DG Innovate's Other Operating Expenses and Depreciation And Amortization is 0.41. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Depreciation And Amortization 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 Other Operating Expenses and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of DG Innovate PLC are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Other Operating Expenses i.e., DG Innovate's Other Operating Expenses and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of DG Innovate PLC. It is also known as DG Innovate overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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.
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

-0.110.960.420.58-0.150.66-0.290.380.060.630.42-0.30.080.090.36-0.160.390.530.590.50.50.570.220.60.55
-0.11-0.28-0.33-0.130.89-0.130.10.46-0.47-0.24-0.680.89-0.47-0.180.36-0.34-0.19-0.09-0.02-0.120.02-0.010.45-0.49-0.65
0.96-0.280.60.46-0.310.52-0.360.120.270.510.48-0.430.280.130.16-0.050.260.370.420.310.450.40.060.590.57
0.42-0.330.60.08-0.49-0.06-0.81-0.510.67-0.160.28-0.370.660.11-0.460.46-0.31-0.26-0.38-0.33-0.22-0.32-0.360.090.19
0.58-0.130.460.08-0.220.94-0.360.61-0.070.820.37-0.16-0.03-0.150.220.310.330.90.710.790.060.810.060.340.57
-0.150.89-0.31-0.49-0.22-0.150.330.45-0.58-0.2-0.730.82-0.570.030.4-0.6-0.16-0.080.06-0.10.140.030.42-0.5-0.67
0.66-0.130.52-0.060.94-0.15-0.10.69-0.170.950.42-0.13-0.13-0.10.310.130.440.970.890.850.350.880.080.430.65
-0.290.1-0.36-0.81-0.360.33-0.10.16-0.370.12-0.090.2-0.380.090.28-0.540.210.070.310.070.570.110.170.09-0.06
0.380.460.12-0.510.610.450.690.16-0.660.65-0.070.33-0.62-0.120.73-0.340.520.750.780.810.30.80.550.190.15
0.06-0.470.270.67-0.07-0.58-0.17-0.37-0.66-0.160.44-0.330.990.31-0.510.55-0.51-0.29-0.41-0.43-0.12-0.34-0.370.190.27
0.63-0.240.51-0.160.82-0.20.950.120.65-0.160.56-0.21-0.12-0.030.310.020.540.950.940.870.530.840.040.570.76
0.42-0.680.480.280.37-0.730.42-0.09-0.070.440.56-0.660.45-0.15-0.180.270.460.380.360.420.310.24-0.350.790.95
-0.30.89-0.43-0.37-0.160.82-0.130.20.33-0.33-0.21-0.66-0.33-0.050.08-0.11-0.44-0.09-0.05-0.240.06-0.130.15-0.66-0.67
0.08-0.470.280.66-0.03-0.57-0.13-0.38-0.620.99-0.120.45-0.330.31-0.490.56-0.5-0.24-0.37-0.39-0.12-0.3-0.360.170.3
0.09-0.180.130.11-0.150.03-0.10.09-0.120.31-0.03-0.15-0.050.310.15-0.12-0.4-0.14-0.08-0.160.15-0.040.19-0.01-0.13
0.360.360.16-0.460.220.40.310.280.73-0.510.31-0.180.08-0.490.15-0.660.530.360.490.560.250.670.940.36-0.01
-0.16-0.34-0.050.460.31-0.60.13-0.54-0.340.550.020.27-0.110.56-0.12-0.66-0.410.06-0.23-0.13-0.41-0.19-0.57-0.180.21
0.39-0.190.26-0.310.33-0.160.440.210.52-0.510.540.46-0.44-0.5-0.40.53-0.410.50.610.770.290.570.310.680.57
0.53-0.090.37-0.260.9-0.080.970.070.75-0.290.950.38-0.09-0.24-0.140.360.060.50.930.90.360.920.120.410.61
0.59-0.020.42-0.380.710.060.890.310.78-0.410.940.36-0.05-0.37-0.080.49-0.230.610.930.870.630.890.210.490.59
0.5-0.120.31-0.330.79-0.10.850.070.81-0.430.870.42-0.24-0.39-0.160.56-0.130.770.90.870.270.90.310.560.63
0.50.020.45-0.220.060.140.350.570.3-0.120.530.310.06-0.120.150.25-0.410.290.360.630.270.320.050.470.37
0.57-0.010.4-0.320.810.030.880.110.8-0.340.840.24-0.13-0.3-0.040.67-0.190.570.920.890.90.320.470.480.5
0.220.450.06-0.360.060.420.080.170.55-0.370.04-0.350.15-0.360.190.94-0.570.310.120.210.310.050.470.2-0.22
0.6-0.490.590.090.34-0.50.430.090.190.190.570.79-0.660.17-0.010.36-0.180.680.410.490.560.470.480.20.82
0.55-0.650.570.190.57-0.670.65-0.060.150.270.760.95-0.670.3-0.13-0.010.210.570.610.590.630.370.5-0.220.82
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DG Innovate Account Relationship Matchups

DG Innovate fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets468.05.2M6.6M7.2M6.5M6.8M
Total Current Liabilities2.1M1.2M640.2K564.9K649.6K779.7K
Total Stockholder Equity(2.1M)2.8M5.4M4.4M3.9M4.1M
Retained Earnings(36.6M)(35.7M)(46.2M)(10.3M)(9.2M)(9.7M)
Accounts Payable365.7K234.6K204.4K91.7K105.5K160.0K
Cash468.057.5K235.0K1.9M2.2M2.3M
Other Stockholder Equity34.2M36.5M68.7M32.0M36.8M31.5M
Total Liab2.1M2.4M1.2M2.9M3.3M3.5M
Total Current Assets468.0174.7K1.3M2.3M2.6M2.8M
Common Stock202.6K2.0M8.8M9.3M8.4M8.8M
Other Current Liab1.6M151.0K292.7K265.2K305.0K396.0K
Property Plant And Equipment Net551.5K859.7K725.1K536.2K616.7K639.9K
Net Debt211.6K1.8M380.0K574.5K660.6K693.7K
Non Currrent Assets Other1K(5.3M)(5.3M)(1.0)(0.9)(0.94)
Cash And Short Term Investments468.057.5K235.0K1.9M2.2M2.3M
Common Stock Shares Outstanding196.0M1.8B7.0B9.6B11.1B11.6B
Liabilities And Stockholders Equity468.05.2M6.6M7.2M8.3M8.7M
Other Current Assets324.3K117.3K1.0M404.7K465.4K286.5K
Short Long Term Debt Total212.1K1.9M615.0K2.5M2.8M3.0M
Short Term Debt212.1K764.8K143.2K208.0K239.1K257.0K
Net Invested Capital(2.0M)934.4K5.5M6.5M7.4M7.8M
Net Working Capital(2.1M)853.9K618.3K1.7M2.0M2.1M
Intangible Assets3.8M4.1M4.6M4.4M5.1M4.0M
Net Receivables13.8K86.7K894.4K404.7K465.4K253.6K
Long Term Debt919.8K880.7K185.4K1.9M2.2M2.3M
Short Long Term Debt152.1K715.2K83.3K132.8K152.7K192.3K
Property Plant And Equipment Gross1.7M98.6K2.1M1.8M2.1M1.6M

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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.