DiGiSPICE Non Current Assets Total vs Short Term Investments Analysis

DIGISPICE   26.10  0.46  1.73%   
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 Non Current Assets Total and its 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.

Non Current Assets Total vs Short Term Investments

Non Current Assets Total vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DiGiSPICE Technologies Non Current Assets Total account and Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between DiGiSPICE Technologies' Non Current Assets Total and Short Term Investments is 0.27. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of 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' Non Current Assets Total 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 Non Current Assets Total of DiGiSPICE Technologies Limited are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Non Current Assets Total i.e., DiGiSPICE Technologies' Non Current Assets Total and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Short Term Investments

Short Term Investments is an item under the current assets section of DiGiSPICE Technologies balance sheet. It contains any investments DiGiSPICE Technologies Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that DiGiSPICE Technologies can easily liquidate in the marketplace.
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 233.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense5.5M13.0M20.2M32.5M
Depreciation And Amortization189.4M245.6M112.7M192.2M

DiGiSPICE Technologies fundamental ratios Correlations

-0.24-0.020.70.930.82-0.820.740.820.94-0.040.610.540.670.4-0.080.750.150.770.690.950.770.39-0.16-0.01-0.19
-0.240.340.27-0.45-0.530.47-0.41-0.07-0.390.70.15-0.10.280.360.11-0.520.52-0.470.28-0.080.1-0.690.140.290.97
-0.020.340.37-0.22-0.49-0.04-0.460.16-0.210.350.56-0.570.170.220.6-0.40.4-0.430.390.170.1-0.4-0.270.760.45
0.70.270.370.380.29-0.60.410.80.430.490.810.130.630.55-0.060.360.690.181.00.870.68-0.17-0.170.410.39
0.93-0.45-0.220.380.9-0.750.730.650.99-0.290.360.620.530.23-0.080.77-0.140.90.370.770.630.61-0.14-0.21-0.44
0.82-0.53-0.490.290.9-0.690.910.560.89-0.390.140.740.420.1-0.330.92-0.20.850.280.660.540.59-0.04-0.51-0.55
-0.820.47-0.04-0.6-0.75-0.69-0.62-0.91-0.720.14-0.54-0.28-0.35-0.110.09-0.68-0.14-0.58-0.58-0.82-0.5-0.470.19-0.130.34
0.74-0.41-0.460.410.730.91-0.620.540.73-0.310.10.720.360.08-0.430.96-0.10.680.390.660.510.430.16-0.53-0.4
0.82-0.070.160.80.650.56-0.910.540.640.160.690.30.530.3-0.10.560.40.470.790.890.610.23-0.150.240.05
0.94-0.39-0.210.430.990.89-0.720.730.64-0.230.390.630.60.27-0.110.75-0.10.870.420.780.720.52-0.09-0.21-0.38
-0.040.70.350.49-0.29-0.390.14-0.310.16-0.230.42-0.230.210.65-0.19-0.420.86-0.310.480.150.16-0.47-0.270.480.77
0.610.150.560.810.360.14-0.540.10.690.390.42-0.170.450.680.130.160.580.260.820.750.450.06-0.370.640.26
0.54-0.1-0.570.130.620.74-0.280.720.30.63-0.23-0.170.49-0.08-0.30.6-0.290.580.130.390.530.250.26-0.69-0.17
0.670.280.170.630.530.42-0.350.360.530.60.210.450.490.250.220.250.20.250.650.660.95-0.33-0.080.020.28
0.40.360.220.550.230.1-0.110.080.30.270.650.68-0.080.25-0.310.090.70.320.540.470.250.1-0.280.30.39
-0.080.110.6-0.06-0.08-0.330.09-0.43-0.1-0.11-0.190.13-0.30.22-0.31-0.34-0.27-0.33-0.02-0.040.06-0.32-0.210.490.07
0.75-0.52-0.40.360.770.92-0.680.960.560.75-0.420.160.60.250.09-0.34-0.140.750.340.670.390.570.05-0.45-0.52
0.150.520.40.69-0.14-0.2-0.14-0.10.4-0.10.860.58-0.290.20.7-0.27-0.14-0.170.670.370.2-0.33-0.320.470.63
0.77-0.47-0.430.180.90.85-0.580.680.470.87-0.310.260.580.250.32-0.330.75-0.170.170.580.350.79-0.11-0.36-0.5
0.690.280.391.00.370.28-0.580.390.790.420.480.820.130.650.54-0.020.340.670.170.870.69-0.19-0.180.420.4
0.95-0.080.170.870.770.66-0.820.660.890.780.150.750.390.660.47-0.040.670.370.580.870.740.23-0.210.180.01
0.770.10.10.680.630.54-0.50.510.610.720.160.450.530.950.250.060.390.20.350.690.74-0.2-0.01-0.010.15
0.39-0.69-0.4-0.170.610.59-0.470.430.230.52-0.470.060.25-0.330.1-0.320.57-0.330.79-0.190.23-0.2-0.1-0.27-0.69
-0.160.14-0.27-0.17-0.14-0.040.190.16-0.15-0.09-0.27-0.370.26-0.08-0.28-0.210.05-0.32-0.11-0.18-0.21-0.01-0.1-0.340.15
-0.010.290.760.41-0.21-0.51-0.13-0.530.24-0.210.480.64-0.690.020.30.49-0.450.47-0.360.420.18-0.01-0.27-0.340.42
-0.190.970.450.39-0.44-0.550.34-0.40.05-0.380.770.26-0.170.280.390.07-0.520.63-0.50.40.010.15-0.690.150.42
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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 Liab5.9M1.8B353.1M3.2B3.3B3.5B
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 Income683.1M712.4M676.0M714.9M1.8B1.9B
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

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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.