Datametrex Net Interest Income vs Depreciation And Amortization Analysis
DM Stock | CAD 0.01 0.01 50.00% |
Datametrex financial indicator trend analysis is much more than just examining Datametrex AI latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Datametrex AI is a good investment. Please check the relationship between Datametrex Net Interest Income and its Depreciation And Amortization accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Datametrex AI. 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.
Net Interest Income vs Depreciation And Amortization
Net Interest Income vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datametrex AI Net Interest Income account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Datametrex's Net Interest Income and Depreciation And Amortization is 0.61. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Datametrex AI, assuming nothing else is changed. The correlation between historical values of Datametrex's Net Interest Income and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Datametrex AI are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Interest Income i.e., Datametrex's Net Interest Income and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from Datametrex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Datametrex AI 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 Datametrex AI. 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. At this time, Datametrex's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 11.7 M in 2024, despite the fact that Tax Provision is likely to grow to (363.3 K).
Datametrex fundamental ratios Correlations
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Datametrex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Datametrex fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.9M | 10.0M | 42.6M | 36.0M | 12.7M | 11.2M | |
Total Current Liabilities | 5.0M | 6.1M | 9.4M | 9.4M | 7.5M | 7.8M | |
Total Stockholder Equity | 2.9M | 3.2M | 32.5M | 22.8M | 1.0M | 954.2K | |
Net Debt | 330.2K | (1.5M) | (15.1M) | (4.4M) | 4.8M | 5.1M | |
Retained Earnings | (27.7M) | (32.7M) | (23.6M) | (40.8M) | (64.8M) | (61.5M) | |
Cash | 119.7K | 2.0M | 15.4M | 8.9M | 341.2K | 324.2K | |
Cash And Short Term Investments | 119.7K | 2.0M | 18.0M | 9.4M | 1.1M | 1.1M | |
Net Receivables | 1.1M | 1.7M | 5.7M | 3.4M | 2.2M | 1.3M | |
Common Stock Shares Outstanding | 224.1M | 254.3M | 324.8M | 387.2M | 404.9M | 425.1M | |
Liabilities And Stockholders Equity | 7.9M | 10.0M | 42.6M | 36.0M | 12.7M | 11.2M | |
Total Liab | 5.0M | 6.8M | 10.2M | 13.2M | 11.7M | 12.3M | |
Total Current Assets | 1.2M | 3.9M | 23.8M | 15.6M | 3.7M | 4.7M | |
Accumulated Other Comprehensive Income | (14.9K) | (17.3K) | 8.3M | 8.1M | 8.9M | 9.4M | |
Common Stock | 27.7M | 30.7M | 47.8M | 55.5M | 56.8M | 28.6M | |
Accounts Payable | 2.1M | 3.4M | 4.7M | 2.1M | 1.5M | 1.8M | |
Other Stockholder Equity | 1.2M | 2.8M | 2.9M | 5.2M | 6.0M | 6.3M | |
Net Tangible Assets | 1.7M | (2.3M) | (3.1M) | (2.0M) | (1.8M) | (1.8M) | |
Non Current Assets Total | 6.7M | 6.1M | 18.9M | 20.4M | 9.0M | 10.5M | |
Non Currrent Assets Other | (215K) | 7.9M | 6.7M | (3.0M) | (3.5M) | (3.3M) | |
Non Current Liabilities Total | 36.4K | 698.3K | 714.6K | 3.8M | 4.2M | 4.5M | |
Other Current Assets | 58.6K | 234.3K | 125.7K | 2.8M | 221.7K | 210.6K | |
Intangible Assets | 3.0M | 2.3M | 15.6M | 10.7M | 4.0M | 6.0M | |
Property Plant Equipment | 141.5K | 159.2K | 168.1K | 141.2K | 162.4K | 138.0K | |
Short Long Term Debt Total | 449.8K | 518.6K | 253.8K | 4.5M | 5.2M | 5.4M | |
Property Plant And Equipment Net | 168.1K | 141.2K | 298.8K | 6.7M | 6.6M | 6.9M | |
Current Deferred Revenue | 207.8K | 262.5K | 34.4K | 29.0K | 26.1K | 24.8K | |
Long Term Debt | 64.6K | 20.2K | 60K | 225.1K | 258.8K | 271.8K | |
Net Invested Capital | 3.3M | 3.7M | 32.5M | 23.5M | 27.0M | 14.2M | |
Short Long Term Debt | 385.7K | 412.5K | 30K | 520.2K | 468.2K | 291.2K | |
Net Working Capital | (3.7M) | (2.2M) | 14.3M | 6.2M | 7.1M | 7.5M | |
Short Term Debt | 429.6K | 438.8K | 134.2K | 970.6K | 1.2M | 630.2K | |
Capital Stock | 27.7M | 30.7M | 47.8M | 55.5M | 63.8M | 41.4M |
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