| DJML Stock | | | 121.56 2.16 1.75% |
DJ Mediaprint financial indicator trend analysis is much more than just examining DJ Mediaprint Logistics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DJ Mediaprint Logistics is a good investment. Please check the relationship between DJ Mediaprint Total Current Liabilities and its Non Currrent Assets Other accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DJ Mediaprint Logistics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Total Current Liabilities vs Non Currrent Assets Other
Total Current Liabilities vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DJ Mediaprint Logistics Total Current Liabilities account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have weak relationship.
The correlation between DJ Mediaprint's Total Current Liabilities and Non Currrent Assets Other is 0.32. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of DJ Mediaprint Logistics, assuming nothing else is changed. The correlation between historical values of DJ Mediaprint's Total Current Liabilities and Non Currrent Assets Other 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 Current Liabilities of DJ Mediaprint Logistics are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Liabilities i.e., DJ Mediaprint's Total Current Liabilities and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.32 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on DJ Mediaprint balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of DJ Mediaprint Logistics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from DJ Mediaprint's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DJ Mediaprint Logistics 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 DJ Mediaprint Logistics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 16.4
M in 2024.
Tax Provision is likely to drop to about 9.2
M in 2024
DJ Mediaprint fundamental ratios Correlations
Click cells to compare fundamentals
DJ Mediaprint Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DJ Mediaprint fundamental ratios Accounts
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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.
Additional Tools for DJML Stock Analysis
When running DJ Mediaprint's price analysis, check to
measure DJ Mediaprint's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DJ Mediaprint is operating at the current time. Most of DJ Mediaprint's value examination focuses on studying past and present price action to
predict the probability of DJ Mediaprint's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DJ Mediaprint's price. Additionally, you may evaluate how the addition of DJ Mediaprint to your portfolios can decrease your overall portfolio volatility.