DGI Retained Earnings vs Cash 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 Retained Earnings and its Cash 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.

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DG Innovate PLC Retained Earnings account and Cash. At this time, the significance of the direction appears to have almost identical trend.

The correlation between DG Innovate's Retained Earnings and Cash is 0.92. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash 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 Retained Earnings and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of DG Innovate PLC are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Retained Earnings i.e., DG Innovate's Retained Earnings and Cash go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Cash

Cash refers to the most liquid asset of DG Innovate PLC, which is listed under current asset account on DG Innovate PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from DG Innovate customers. The amounts must be unrestricted with restricted cash listed in a different DG Innovate account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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

	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	0.46	0.57	-0.13	0.68	-0.31	0.21	0.1	0.64	0.42	-0.3	0.12	0.11	0.28	-0.17	0.36	0.52	0.59	0.47	0.46	0.57	0.21	0.56	0.52
Total Current Liabilities	-0.11		-0.27	-0.34	-0.14	0.89	-0.15	0.1	0.63	-0.48	-0.29	-0.67	0.89	-0.48	-0.19	0.38	-0.34	-0.19	-0.1	-0.01	-0.13	0.03	0.01	0.45	-0.51	-0.7
Total Stockholder Equity	0.96	-0.27		0.63	0.47	-0.3	0.57	-0.37	-0.04	0.29	0.54	0.48	-0.43	0.31	0.14	0.11	-0.06	0.24	0.37	0.43	0.29	0.42	0.4	0.05	0.58	0.57
Net Tangible Assets	0.46	-0.34	0.63		0.21	-0.51	0.06	-0.81	-0.5	0.66	-0.08	0.3	-0.38	0.65	0.1	-0.43	0.48	-0.28	-0.2	-0.35	-0.29	-0.19	-0.28	-0.35	0.16	0.29
Retained Earnings	0.57	-0.14	0.47	0.21		-0.23	0.92	-0.48	0.26	0.03	0.74	0.38	-0.17	0.07	-0.14	0.02	0.35	0.23	0.86	0.58	0.7	-0.08	0.73	0.01	0.2	0.47
Accounts Payable	-0.13	0.89	-0.3	-0.51	-0.23		-0.17	0.33	0.6	-0.6	-0.23	-0.72	0.82	-0.59	0.02	0.42	-0.6	-0.16	-0.08	0.1	-0.1	0.16	0.06	0.43	-0.52	-0.72
Cash	0.68	-0.15	0.57	0.06	0.92	-0.17		-0.18	0.31	-0.07	0.92	0.46	-0.15	-0.03	-0.09	0.1	0.15	0.36	0.95	0.82	0.77	0.27	0.81	0.03	0.33	0.56
Other Stockholder Equity	-0.31	0.1	-0.37	-0.81	-0.48	0.33	-0.18		0.16	-0.37	0.09	-0.1	0.2	-0.37	0.09	0.27	-0.54	0.19	0.03	0.34	0.03	0.57	0.08	0.16	0.07	-0.09
Total Liab	0.21	0.63	-0.04	-0.5	0.26	0.6	0.31	0.16		-0.68	0.27	-0.28	0.45	-0.7	-0.1	0.73	-0.49	0.39	0.4	0.49	0.56	0.21	0.53	0.63	0.03	-0.23
Long Term Investments	0.1	-0.48	0.29	0.66	0.03	-0.6	-0.07	-0.37	-0.68		-0.07	0.45	-0.34	0.99	0.31	-0.47	0.57	-0.49	-0.23	-0.38	-0.41	-0.08	-0.29	-0.36	0.27	0.38
Total Current Assets	0.64	-0.29	0.54	-0.08	0.74	-0.23	0.92	0.09	0.27	-0.07		0.62	-0.24	-0.02	0.01	0.11	0.01	0.49	0.92	0.91	0.79	0.51	0.75	-0.02	0.52	0.71
Common Stock	0.42	-0.67	0.48	0.3	0.38	-0.72	0.46	-0.1	-0.28	0.45	0.62		-0.65	0.48	-0.15	-0.26	0.27	0.45	0.41	0.37	0.44	0.29	0.22	-0.35	0.79	0.98
Other Current Liab	-0.3	0.89	-0.43	-0.38	-0.17	0.82	-0.15	0.2	0.45	-0.34	-0.24	-0.65		-0.34	-0.05	0.08	-0.11	-0.45	-0.1	-0.05	-0.28	0.08	-0.15	0.16	-0.69	-0.72
Property Plant Equipment	0.12	-0.48	0.31	0.65	0.07	-0.59	-0.03	-0.37	-0.7	0.99	-0.02	0.48	-0.34		0.32	-0.47	0.57	-0.47	-0.18	-0.34	-0.37	-0.08	-0.25	-0.35	0.26	0.4
Property Plant And Equipment Net	0.11	-0.19	0.14	0.1	-0.14	0.02	-0.09	0.09	-0.1	0.31	0.01	-0.15	-0.05	0.32		0.18	-0.12	-0.4	-0.13	-0.06	-0.16	0.17	-0.01	0.2	0.01	-0.12
Net Debt	0.28	0.38	0.11	-0.43	0.02	0.42	0.1	0.27	0.73	-0.47	0.11	-0.26	0.08	-0.47	0.18		-0.71	0.46	0.18	0.35	0.45	0.19	0.59	0.96	0.31	-0.17
Non Currrent Assets Other	-0.17	-0.34	-0.06	0.48	0.35	-0.6	0.15	-0.54	-0.49	0.57	0.01	0.27	-0.11	0.57	-0.12	-0.71		-0.43	0.06	-0.31	-0.19	-0.43	-0.26	-0.58	-0.2	0.21
Other Assets	0.36	-0.19	0.24	-0.28	0.23	-0.16	0.36	0.19	0.39	-0.49	0.49	0.45	-0.45	-0.47	-0.4	0.46	-0.43		0.44	0.58	0.78	0.24	0.53	0.3	0.65	0.53
Cash And Short Term Investments	0.52	-0.1	0.37	-0.2	0.86	-0.08	0.95	0.03	0.4	-0.23	0.92	0.41	-0.1	-0.18	-0.13	0.18	0.06	0.44		0.89	0.84	0.29	0.86	0.09	0.29	0.51
Common Stock Shares Outstanding	0.59	-0.01	0.43	-0.35	0.58	0.1	0.82	0.34	0.49	-0.38	0.91	0.37	-0.05	-0.34	-0.06	0.35	-0.31	0.58	0.89		0.8	0.63	0.82	0.19	0.41	0.48
Non Current Liabilities Total	0.47	-0.13	0.29	-0.29	0.7	-0.1	0.77	0.03	0.56	-0.41	0.79	0.44	-0.28	-0.37	-0.16	0.45	-0.19	0.78	0.84	0.8		0.17	0.84	0.32	0.5	0.54
Other Current Assets	0.46	0.03	0.42	-0.19	-0.08	0.16	0.27	0.57	0.21	-0.08	0.51	0.29	0.08	-0.08	0.17	0.19	-0.43	0.24	0.29	0.63	0.17		0.23	0.02	0.42	0.31
Short Long Term Debt Total	0.57	0.01	0.4	-0.28	0.73	0.06	0.81	0.08	0.53	-0.29	0.75	0.22	-0.15	-0.25	-0.01	0.59	-0.26	0.53	0.86	0.82	0.84	0.23		0.53	0.41	0.36
Short Term Debt	0.21	0.45	0.05	-0.35	0.01	0.43	0.03	0.16	0.63	-0.36	-0.02	-0.35	0.16	-0.35	0.2	0.96	-0.58	0.3	0.09	0.19	0.32	0.02	0.53		0.18	-0.28
Non Current Assets Total	0.56	-0.51	0.58	0.16	0.2	-0.52	0.33	0.07	0.03	0.27	0.52	0.79	-0.69	0.26	0.01	0.31	-0.2	0.65	0.29	0.41	0.5	0.42	0.41	0.18		0.82
Net Invested Capital	0.52	-0.7	0.57	0.29	0.47	-0.72	0.56	-0.09	-0.23	0.38	0.71	0.98	-0.72	0.4	-0.12	-0.17	0.21	0.53	0.51	0.48	0.54	0.31	0.36	-0.28	0.82

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DG Innovate Account Relationship Matchups

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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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 Retained Earnings vs Cash Analysis

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

Correlation Coefficient

Retained Earnings

Cash

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
Net Invested Capital	+ 0.98	Common Stock
Total Stockholder Equity	+ 0.96	Total Assets
Short Term Debt	+ 0.96	Net Debt
Cash And Short Term Investments	+ 0.95	Cash
Cash	+ 0.92	Retained Earnings

Other Stockholder Equity	- 0.81	Net Tangible Assets
Net Invested Capital	- 0.72	Other Current Liab
Net Invested Capital	- 0.72	Accounts Payable
Common Stock	- 0.72	Accounts Payable
Non Currrent Assets Other	- 0.71	Net Debt
Property Plant Equipment	- 0.7	Total Liab