DiGiSPICE Common Stock Shares Outstanding vs Cash And Short Term Investments Analysis

DIGISPICE   26.71  0.21  0.79%   
DiGiSPICE Technologies financial indicator trend analysis is much more than just examining DiGiSPICE Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DiGiSPICE Technologies is a good investment. Please check the relationship between DiGiSPICE Technologies Common Stock Shares Outstanding and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DiGiSPICE Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Common Stock Shares Outstanding vs Cash And Short Term Investments

Common Stock Shares Outstanding vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DiGiSPICE Technologies Common Stock Shares Outstanding account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between DiGiSPICE Technologies' Common Stock Shares Outstanding and Cash And Short Term Investments is 0.45. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of DiGiSPICE Technologies Limited, assuming nothing else is changed. The correlation between historical values of DiGiSPICE Technologies' Common Stock Shares Outstanding and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of DiGiSPICE Technologies Limited are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., DiGiSPICE Technologies' Common Stock Shares Outstanding and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of DiGiSPICE Technologies balance sheet. This account contains DiGiSPICE Technologies investments that will expire within one year. These investments include stocks and bonds that can be liquidated by DiGiSPICE Technologies Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from DiGiSPICE Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DiGiSPICE Technologies 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 DiGiSPICE Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
As of now, DiGiSPICE Technologies' Discontinued Operations is increasing as compared to previous years. The DiGiSPICE Technologies' current Issuance Of Capital Stock is estimated to increase to about 12.7 M, while Selling General Administrative is projected to decrease to under 239.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense5.5M13.0M20.2M32.5M
Depreciation And Amortization189.4M245.6M112.7M192.2M

DiGiSPICE Technologies fundamental ratios Correlations

-0.24-0.020.70.930.82-0.820.740.820.94-0.040.610.540.670.4-0.080.750.150.80.690.950.770.39-0.16-0.01-0.19
-0.240.350.27-0.45-0.530.47-0.41-0.07-0.390.70.15-0.10.280.360.11-0.520.52-0.510.28-0.080.1-0.690.140.290.97
-0.020.350.38-0.22-0.49-0.04-0.450.16-0.210.360.56-0.570.180.230.59-0.40.41-0.330.40.170.1-0.4-0.270.750.46
0.70.270.380.380.29-0.60.410.80.430.490.810.130.630.55-0.060.360.690.211.00.870.68-0.17-0.170.410.39
0.93-0.45-0.220.380.9-0.750.730.650.99-0.290.360.620.530.23-0.080.77-0.140.920.370.770.630.61-0.14-0.21-0.44
0.82-0.53-0.490.290.9-0.690.910.560.89-0.390.140.740.420.1-0.330.92-0.20.820.280.660.540.59-0.04-0.51-0.55
-0.820.47-0.04-0.6-0.75-0.69-0.62-0.91-0.720.14-0.54-0.28-0.35-0.110.09-0.68-0.14-0.64-0.58-0.82-0.5-0.470.19-0.130.34
0.74-0.41-0.450.410.730.91-0.620.540.73-0.310.10.720.360.08-0.430.96-0.10.650.390.660.510.430.16-0.53-0.4
0.82-0.070.160.80.650.56-0.910.540.640.160.690.30.530.3-0.10.560.40.50.790.890.610.23-0.150.240.05
0.94-0.39-0.210.430.990.89-0.720.730.64-0.230.390.630.60.27-0.110.75-0.10.890.420.780.720.52-0.09-0.21-0.38
-0.040.70.360.49-0.29-0.390.14-0.310.16-0.230.42-0.230.210.65-0.19-0.420.86-0.340.480.150.16-0.47-0.270.480.77
0.610.150.560.810.360.14-0.540.10.690.390.42-0.170.450.680.130.160.580.330.820.750.450.06-0.370.640.26
0.54-0.1-0.570.130.620.74-0.280.720.30.63-0.23-0.170.49-0.08-0.30.6-0.290.510.130.390.530.250.26-0.69-0.17
0.670.280.180.630.530.42-0.350.360.530.60.210.450.490.250.220.250.20.270.650.660.95-0.33-0.080.020.28
0.40.360.230.550.230.1-0.110.080.30.270.650.68-0.080.25-0.310.090.70.30.540.470.250.1-0.280.30.39
-0.080.110.59-0.06-0.08-0.330.09-0.43-0.1-0.11-0.190.13-0.30.22-0.31-0.34-0.27-0.21-0.02-0.040.06-0.32-0.210.490.07
0.75-0.52-0.40.360.770.92-0.680.960.560.75-0.420.160.60.250.09-0.34-0.140.730.340.670.390.570.05-0.45-0.52
0.150.520.410.69-0.14-0.2-0.14-0.10.4-0.10.860.58-0.290.20.7-0.27-0.14-0.190.670.370.2-0.33-0.320.470.63
0.8-0.51-0.330.210.920.82-0.640.650.50.89-0.340.330.510.270.3-0.210.73-0.190.20.620.370.8-0.15-0.26-0.53
0.690.280.41.00.370.28-0.580.390.790.420.480.820.130.650.54-0.020.340.670.20.870.69-0.19-0.180.420.4
0.95-0.080.170.870.770.66-0.820.660.890.780.150.750.390.660.47-0.040.670.370.620.870.740.23-0.210.180.01
0.770.10.10.680.630.54-0.50.510.610.720.160.450.530.950.250.060.390.20.370.690.74-0.2-0.01-0.010.15
0.39-0.69-0.4-0.170.610.59-0.470.430.230.52-0.470.060.25-0.330.1-0.320.57-0.330.8-0.190.23-0.2-0.1-0.27-0.69
-0.160.14-0.27-0.17-0.14-0.040.190.16-0.15-0.09-0.27-0.370.26-0.08-0.28-0.210.05-0.32-0.15-0.18-0.21-0.01-0.1-0.340.15
-0.010.290.750.41-0.21-0.51-0.13-0.530.24-0.210.480.64-0.690.020.30.49-0.450.47-0.260.420.18-0.01-0.27-0.340.42
-0.190.970.460.39-0.44-0.550.34-0.40.05-0.380.770.26-0.170.280.390.07-0.520.63-0.530.40.010.15-0.690.150.42
Click cells to compare fundamentals

DiGiSPICE Technologies Account Relationship Matchups

DiGiSPICE Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B5.3B7.0B7.1B6.5B6.7B
Short Long Term Debt Total264.0M338.1M540.7M837.1M260.4M316.3M
Other Current Liab5.9M1.8B353.1M3.2B3.2B3.4B
Total Current Liabilities1.8B2.8B4.4B4.6B3.7B2.9B
Total Stockholder Equity2.2B2.4B2.5B2.3B2.5B3.5B
Property Plant And Equipment Net418.6M329.8M316.1M133.9M106.2M100.9M
Net Debt(230.2M)(583.5M)(917.4M)(567.5M)(958.5M)(1.0B)
Accounts Payable682.9M579.2M698.6M530.3M141.5M134.4M
Cash494.3M921.6M1.5B1.4B1.2B1.2B
Non Current Assets Total2.3B2.1B2.2B2.1B2.0B2.7B
Non Currrent Assets Other826.9M1.4B2.9B3.3B500.7M965.9M
Cash And Short Term Investments528.5M1.5B2.6B4.0B3.8B1.9B
Net Receivables843.8M786.6M969.9M500.6M230.9M219.3M
Common Stock Shares Outstanding201.8M207.1M207.3M231.3M228.9M199.7M
Short Term Investments34.3M607.7M1.2B2.6B120.1M114.1M
Liabilities And Stockholders Equity4.2B5.3B7.0B7.1B6.5B6.7B
Non Current Liabilities Total96.8M90.2M79.6M100.4M317.6M333.5M
Inventory6.2M46.2M27.8M47.5M21.0M20.0M
Other Current Assets180.4M1.7B2.2B2.7B455.0M659.0M
Total Liab1.9B2.9B4.5B4.7B4.0B3.0B
Total Current Assets1.9B3.2B4.8B5.0B4.5B4.1B
Accumulated Other Comprehensive Income683.1M712.4M676.0M714.9M691.0M725.5M
Common Stock605.5M607.0M614.6M616.4M618.5M579.9M
Good Will515.2M516.6M517.9M523.0M471.2M793.2M
Intangible Assets185.6M119.5M104.2M87.6M73.9M134.7M
Current Deferred Revenue810.1M339.1M2.7B2.8B3.3B3.4B
Short Term Debt257.5M338.1M540.7M837.1M258.6M355.9M
Retained Earnings771.0M876.2M953.6M748.4M894.2M864.2M
Other Assets1.1B1.1B882.0M251.0M1.00.95
Other Liab125.9M121.3M107.5M127.5M146.6M107.7M
Net Tangible Assets2.2B1.5B1.7B1.9B1.7B1.5B
Short Long Term Debt251.7M331.6M540.0M837.1M257.6M406.9M
Property Plant Equipment418.6M329.8M316.1M133.9M120.5M114.5M
Non Current Liabilities Other2.0M1.6M80K4.7M10.4M10.9M
Cash And Equivalents818.2M2.1B1.5B3.8B4.4B4.6B

Also Currently Popular

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 DiGiSPICE Stock

Balance Sheet is a snapshot of the financial position of DiGiSPICE Technologies at a specified time, usually calculated after every quarter, six months, or one year. DiGiSPICE Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DiGiSPICE Technologies 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 DiGiSPICE currently owns. An asset can also be divided into two categories, current and non-current.