DGI Selling General Administrative vs Depreciation And Amortization 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 Selling General Administrative and its Depreciation And Amortization 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.

Selling General Administrative vs Depreciation And Amortization

Selling General Administrative 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 Selling General Administrative account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak relationship.
The correlation between DG Innovate's Selling General Administrative and Depreciation And Amortization is 0.34. Overlapping area represents the amount of variation of Selling General Administrative 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 Selling General Administrative 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 Selling General Administrative 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 Selling General Administrative i.e., DG Innovate's Selling General Administrative and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Selling General Administrative

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, 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

-0.110.960.460.57-0.130.68-0.310.210.10.640.42-0.30.120.110.28-0.170.360.520.590.470.460.570.210.560.52
-0.11-0.27-0.34-0.140.89-0.150.10.63-0.48-0.29-0.670.89-0.48-0.190.38-0.34-0.19-0.1-0.01-0.130.030.010.45-0.51-0.7
0.96-0.270.630.47-0.30.57-0.37-0.040.290.540.48-0.430.310.140.11-0.060.240.370.430.290.420.40.050.580.57
0.46-0.340.630.21-0.510.06-0.81-0.50.66-0.080.3-0.380.650.1-0.430.48-0.28-0.2-0.35-0.29-0.19-0.28-0.350.160.29
0.57-0.140.470.21-0.230.92-0.480.260.030.740.38-0.170.07-0.140.020.350.230.860.580.7-0.080.730.010.20.47
-0.130.89-0.3-0.51-0.23-0.170.330.6-0.6-0.23-0.720.82-0.590.020.42-0.6-0.16-0.080.1-0.10.160.060.43-0.52-0.72
0.68-0.150.570.060.92-0.17-0.180.31-0.070.920.46-0.15-0.03-0.090.10.150.360.950.820.770.270.810.030.330.56
-0.310.1-0.37-0.81-0.480.33-0.180.16-0.370.09-0.10.2-0.370.090.27-0.540.190.030.340.030.570.080.160.07-0.09
0.210.63-0.04-0.50.260.60.310.16-0.680.27-0.280.45-0.7-0.10.73-0.490.390.40.490.560.210.530.630.03-0.23
0.1-0.480.290.660.03-0.6-0.07-0.37-0.68-0.070.45-0.340.990.31-0.470.57-0.49-0.23-0.38-0.41-0.08-0.29-0.360.270.38
0.64-0.290.54-0.080.74-0.230.920.090.27-0.070.62-0.24-0.020.010.110.010.490.920.910.790.510.75-0.020.520.71
0.42-0.670.480.30.38-0.720.46-0.1-0.280.450.62-0.650.48-0.15-0.260.270.450.410.370.440.290.22-0.350.790.98
-0.30.89-0.43-0.38-0.170.82-0.150.20.45-0.34-0.24-0.65-0.34-0.050.08-0.11-0.45-0.1-0.05-0.280.08-0.150.16-0.69-0.72
0.12-0.480.310.650.07-0.59-0.03-0.37-0.70.99-0.020.48-0.340.32-0.470.57-0.47-0.18-0.34-0.37-0.08-0.25-0.350.260.4
0.11-0.190.140.1-0.140.02-0.090.09-0.10.310.01-0.15-0.050.320.18-0.12-0.4-0.13-0.06-0.160.17-0.010.20.01-0.12
0.280.380.11-0.430.020.420.10.270.73-0.470.11-0.260.08-0.470.18-0.710.460.180.350.450.190.590.960.31-0.17
-0.17-0.34-0.060.480.35-0.60.15-0.54-0.490.570.010.27-0.110.57-0.12-0.71-0.430.06-0.31-0.19-0.43-0.26-0.58-0.20.21
0.36-0.190.24-0.280.23-0.160.360.190.39-0.490.490.45-0.45-0.47-0.40.46-0.430.440.580.780.240.530.30.650.53
0.52-0.10.37-0.20.86-0.080.950.030.4-0.230.920.41-0.1-0.18-0.130.180.060.440.890.840.290.860.090.290.51
0.59-0.010.43-0.350.580.10.820.340.49-0.380.910.37-0.05-0.34-0.060.35-0.310.580.890.80.630.820.190.410.48
0.47-0.130.29-0.290.7-0.10.770.030.56-0.410.790.44-0.28-0.37-0.160.45-0.190.780.840.80.170.840.320.50.54
0.460.030.42-0.19-0.080.160.270.570.21-0.080.510.290.08-0.080.170.19-0.430.240.290.630.170.230.020.420.31
0.570.010.4-0.280.730.060.810.080.53-0.290.750.22-0.15-0.25-0.010.59-0.260.530.860.820.840.230.530.410.36
0.210.450.05-0.350.010.430.030.160.63-0.36-0.02-0.350.16-0.350.20.96-0.580.30.090.190.320.020.530.18-0.28
0.56-0.510.580.160.2-0.520.330.070.030.270.520.79-0.690.260.010.31-0.20.650.290.410.50.420.410.180.82
0.52-0.70.570.290.47-0.720.56-0.09-0.230.380.710.98-0.720.4-0.12-0.170.210.530.510.480.540.310.36-0.280.82
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DG Innovate Account Relationship Matchups

DG Innovate fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.2K468.05.2M6.6M7.2M7.6M
Total Current Liabilities1.9M2.1M1.2M640.2K564.9K779.7K
Total Stockholder Equity(1.9M)(2.1M)2.8M5.4M4.4M4.6M
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 Payable323.4K365.7K234.6K204.4K91.7K160.0K
Cash162.0468.057.5K235.0K1.9M2.0M
Total Liab1.9M2.1M2.4M1.2M2.9M1.5M
Total Current Assets10.2K468.0174.7K1.3M2.3M2.4M
Other Current Liab1.3M1.6M151.0K292.7K265.2K396.0K
Property Plant And Equipment Net650.2K551.5K859.7K725.1K536.2K639.9K
Net Debt291.0K211.6K1.8M380.0K574.5K319.2K
Non Currrent Assets Other200K1K(5.3M)(5.3M)(1.0)(1.05)
Cash And Short Term Investments162.0468.057.5K235.0K1.9M2.0M
Liabilities And Stockholders Equity10.2K468.05.2M6.6M7.2M7.6M
Other Current Assets10.1K324.3K117.3K1.0M404.7K286.5K
Short Long Term Debt Total291.2K212.1K1.9M615.0K2.5M2.6M
Short Term Debt291.2K212.1K764.8K143.2K208.0K257.0K
Net Invested Capital(1.6M)(2.0M)934.4K5.5M6.5M6.8M
Net Working Capital(1.9M)(2.1M)853.9K618.3K1.7M1.8M
Intangible Assets3.5M3.8M4.1M4.6M4.4M4.0M
Net Receivables10.1K13.8K86.7K894.4K404.7K253.6K
Long Term Debt537.6K919.8K880.7K185.4K1.9M2.0M
Short Long Term Debt291.2K152.1K715.2K83.3K132.8K192.3K

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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.