DGI Total Stockholder Equity vs Short Long Term Debt Total 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 Total Stockholder Equity and its Short Long Term Debt Total 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.

Total Stockholder Equity vs Short Long Term Debt Total

Total Stockholder Equity vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DG Innovate PLC Total Stockholder Equity account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between DG Innovate's Total Stockholder Equity and Short Long Term Debt Total is 0.4. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Long Term Debt Total 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 Total Stockholder Equity and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of DG Innovate PLC are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Stockholder Equity i.e., DG Innovate's Total Stockholder Equity and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Short Long Term Debt Total

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.