Trump Cash And Short Term Investments vs Non Currrent Assets Other Analysis
DJTWW Stock | 21.29 0.11 0.52% |
Trump Media financial indicator trend analysis is much more than just breaking down Trump Media Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trump Media Technology is a good investment. Please check the relationship between Trump Media Cash And Short Term Investments and its Non Currrent Assets Other accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Trump Media Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Cash And Short Term Investments vs Non Currrent Assets Other
Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trump Media Technology Cash And Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Trump Media's Cash And Short Term Investments and Non Currrent Assets Other is 0.93. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Trump Media Technology, assuming nothing else is changed. The correlation between historical values of Trump Media's Cash And Short Term Investments 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 Cash And Short Term Investments of Trump Media Technology 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 Cash And Short Term Investments i.e., Trump Media's Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Trump Media Technology balance sheet. This account contains Trump Media investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Trump Media Technology 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.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 Trump Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trump Media Technology 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 Trump Media Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. Tax Provision is likely to climb to -171 in 2024. Selling General Administrative is likely to drop to about 8.3 M in 2024
2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 654.3K | 2.0M | 2.3M | 1.5M | Depreciation And Amortization | 6.5K | 59.1K | 60.4K | 46.2K |
Trump Media fundamental ratios Correlations
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Trump Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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