Trump Other Current Assets vs Non Currrent Assets Other Analysis
DJTWW Stock | 20.76 0.16 0.76% |
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 Other Current Assets 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.
Other Current Assets vs Non Currrent Assets Other
Other Current Assets 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 Other Current Assets 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 Other Current Assets and Non Currrent Assets Other is 0.92. Overlapping area represents the amount of variation of Other Current Assets 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 Other Current Assets 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 Other Current Assets 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 Other Current Assets i.e., Trump Media's Other Current Assets and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.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
Click cells to compare fundamentals
Trump Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Trump Media's price analysis, check to measure Trump Media'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 Trump Media is operating at the current time. Most of Trump Media's value examination focuses on studying past and present price action to predict the probability of Trump Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trump Media's price. Additionally, you may evaluate how the addition of Trump Media to your portfolios can decrease your overall portfolio volatility.