Dmg Current Deferred Revenue vs Short Term Investments Analysis

DMGI Stock

CAD 0.40 0.01 2.44%

Dmg Blockchain financial indicator trend analysis is much more than just examining Dmg Blockchain Solutions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dmg Blockchain Solutions is a good investment. Please check the relationship between Dmg Blockchain Current Deferred Revenue and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dmg Blockchain Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Current Deferred Revenue vs Short Term Investments

Current Deferred Revenue vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dmg Blockchain Solutions Current Deferred Revenue account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Dmg Blockchain's Current Deferred Revenue and Short Term Investments is -0.29. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Dmg Blockchain Solutions, assuming nothing else is changed. The correlation between historical values of Dmg Blockchain's Current Deferred Revenue 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 Current Deferred Revenue of Dmg Blockchain Solutions 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 Current Deferred Revenue i.e., Dmg Blockchain's Current Deferred Revenue and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.29

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Short Term Investments

Short Term Investments is an item under the current assets section of Dmg Blockchain balance sheet. It contains any investments Dmg Blockchain Solutions undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Dmg Blockchain Solutions can easily liquidate in the marketplace.

Most indicators from Dmg Blockchain's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dmg Blockchain Solutions 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 Dmg Blockchain Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Selling General Administrative is likely to drop to about 3.6 M in 2024. Sales General And Administrative To Revenue is likely to drop to 0.21 in 2024

	2021	2022	2023	2024 (projected)
Cost Of Revenue	1.3M	38.7M	44.5M	46.7M
Research Development	2.4M	2.0M	1.8M	1.5M

Cost Of Revenue Research Development

Dmg Blockchain fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Net Tangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Non Currrent Assets Other	Other Assets	Long Term Debt	Short Term Investments	Inventory	Net Invested Capital
Total Assets		0.79	0.83	1.0	-0.4	-0.91	0.83	0.44	0.46	0.92	0.77	0.59	0.92	0.79	0.98	0.97	0.91	-0.94	0.87	-0.1	0.89	0.74	-0.87	-0.51	-0.42	0.93
Other Current Liab	0.79		0.84	0.78	0.18	-0.91	0.88	-0.06	-0.04	0.92	0.89	0.61	0.61	0.39	0.82	0.87	0.92	-0.7	0.82	-0.55	0.56	0.87	-0.72	-0.12	-0.14	0.63
Total Current Liabilities	0.83	0.84		0.81	-0.14	-0.9	0.99	0.27	0.28	0.93	0.7	0.79	0.77	0.62	0.83	0.9	0.82	-0.78	0.7	-0.47	0.66	0.65	-0.84	-0.08	-0.47	0.63
Total Stockholder Equity	1.0	0.78	0.81		-0.39	-0.91	0.82	0.42	0.45	0.91	0.77	0.57	0.92	0.8	0.98	0.97	0.91	-0.94	0.87	-0.09	0.9	0.75	-0.87	-0.52	-0.42	0.94
Net Debt	-0.4	0.18	-0.14	-0.39		0.06	-0.1	-0.97	-0.97	-0.15	0.22	-0.3	-0.59	-0.69	-0.28	-0.2	0.0	0.3	-0.04	-0.55	-0.49	0.25	0.15	0.3	0.34	-0.42
Retained Earnings	-0.91	-0.91	-0.9	-0.91	0.06		-0.91	-0.12	-0.15	-0.95	-0.9	-0.59	-0.79	-0.58	-0.94	-0.97	-0.97	0.89	-0.91	0.41	-0.74	-0.87	0.91	0.41	0.32	-0.81
Accounts Payable	0.83	0.88	0.99	0.82	-0.1	-0.91		0.22	0.24	0.95	0.72	0.77	0.76	0.6	0.84	0.91	0.84	-0.78	0.72	-0.51	0.66	0.69	-0.85	-0.07	-0.42	0.65
Cash	0.44	-0.06	0.27	0.42	-0.97	-0.12	0.22		1.0	0.27	-0.15	0.48	0.6	0.65	0.31	0.26	0.06	-0.28	0.04	0.39	0.44	-0.19	-0.17	-0.18	-0.3	0.37
Cash And Short Term Investments	0.46	-0.04	0.28	0.45	-0.97	-0.15	0.24	1.0		0.29	-0.13	0.49	0.62	0.67	0.33	0.28	0.08	-0.31	0.07	0.38	0.46	-0.17	-0.19	-0.2	-0.31	0.39
Common Stock Shares Outstanding	0.92	0.92	0.93	0.91	-0.15	-0.95	0.95	0.27	0.29		0.84	0.76	0.78	0.59	0.91	0.95	0.92	-0.82	0.82	-0.42	0.71	0.8	-0.84	-0.25	-0.33	0.74
Other Stockholder Equity	0.77	0.89	0.7	0.77	0.22	-0.9	0.72	-0.15	-0.13	0.84		0.37	0.56	0.27	0.83	0.86	0.96	-0.72	0.87	-0.47	0.53	1.0	-0.75	-0.48	-0.05	0.67
Total Liab	0.59	0.61	0.79	0.57	-0.3	-0.59	0.77	0.48	0.49	0.76	0.37		0.52	0.48	0.5	0.58	0.48	-0.47	0.44	-0.35	0.4	0.32	-0.5	0.16	-0.37	0.37
Total Current Assets	0.92	0.61	0.77	0.92	-0.59	-0.79	0.76	0.6	0.62	0.78	0.56	0.52		0.85	0.91	0.88	0.76	-0.83	0.68	-0.03	0.84	0.52	-0.75	-0.45	-0.36	0.87
Net Receivables	0.79	0.39	0.62	0.8	-0.69	-0.58	0.6	0.65	0.67	0.59	0.27	0.48	0.85		0.74	0.7	0.52	-0.81	0.59	0.34	0.93	0.24	-0.66	-0.34	-0.7	0.83
Net Tangible Assets	0.98	0.82	0.83	0.98	-0.28	-0.94	0.84	0.31	0.33	0.91	0.83	0.5	0.91	0.74		0.99	0.95	-0.94	0.89	-0.18	0.87	0.8	-0.88	-0.52	-0.35	0.93
Common Stock	0.97	0.87	0.9	0.97	-0.2	-0.97	0.91	0.26	0.28	0.95	0.86	0.58	0.88	0.7	0.99		0.97	-0.92	0.89	-0.29	0.82	0.83	-0.9	-0.44	-0.37	0.87
Property Plant Equipment	0.91	0.92	0.82	0.91	0.0	-0.97	0.84	0.06	0.08	0.92	0.96	0.48	0.76	0.52	0.95	0.97		-0.86	0.92	-0.37	0.72	0.94	-0.86	-0.49	-0.22	0.82
Short Long Term Debt Total	-0.94	-0.7	-0.78	-0.94	0.3	0.89	-0.78	-0.28	-0.31	-0.82	-0.72	-0.47	-0.83	-0.81	-0.94	-0.92	-0.86		-0.9	0.04	-0.94	-0.71	0.94	0.57	0.61	-0.94
Property Plant And Equipment Net	0.87	0.82	0.7	0.87	-0.04	-0.91	0.72	0.04	0.07	0.82	0.87	0.44	0.68	0.59	0.89	0.89	0.92	-0.9		-0.15	0.79	0.87	-0.82	-0.58	-0.34	0.89
Current Deferred Revenue	-0.1	-0.55	-0.47	-0.09	-0.55	0.41	-0.51	0.39	0.38	-0.42	-0.47	-0.35	-0.03	0.34	-0.18	-0.29	-0.37	0.04	-0.15		0.24	-0.46	0.3	-0.29	-0.29	0.12
Non Currrent Assets Other	0.89	0.56	0.66	0.9	-0.49	-0.74	0.66	0.44	0.46	0.71	0.53	0.4	0.84	0.93	0.87	0.82	0.72	-0.94	0.79	0.24		0.52	-0.8	-0.51	-0.67	0.93
Other Assets	0.74	0.87	0.65	0.75	0.25	-0.87	0.69	-0.19	-0.17	0.8	1.0	0.32	0.52	0.24	0.8	0.83	0.94	-0.71	0.87	-0.46	0.52		-0.75	-0.51	-0.05	0.66
Long Term Debt	-0.87	-0.72	-0.84	-0.87	0.15	0.91	-0.85	-0.17	-0.19	-0.84	-0.75	-0.5	-0.75	-0.66	-0.88	-0.9	-0.86	0.94	-0.82	0.3	-0.8	-0.75		0.47	0.59	-0.79
Short Term Investments	-0.51	-0.12	-0.08	-0.52	0.3	0.41	-0.07	-0.18	-0.2	-0.25	-0.48	0.16	-0.45	-0.34	-0.52	-0.44	-0.49	0.57	-0.58	-0.29	-0.51	-0.51	0.47		0.1	-0.66
Inventory	-0.42	-0.14	-0.47	-0.42	0.34	0.32	-0.42	-0.3	-0.31	-0.33	-0.05	-0.37	-0.36	-0.7	-0.35	-0.37	-0.22	0.61	-0.34	-0.29	-0.67	-0.05	0.59	0.1		-0.42
Net Invested Capital	0.93	0.63	0.63	0.94	-0.42	-0.81	0.65	0.37	0.39	0.74	0.67	0.37	0.87	0.83	0.93	0.87	0.82	-0.94	0.89	0.12	0.93	0.66	-0.79	-0.66	-0.42

Click cells to compare fundamentals

Dmg Blockchain Account Relationship Matchups

Dmg Blockchain fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	21.5M	111.1M	96.9M	82.6M	95.0M	99.7M
Other Current Liab	49.1K	263.8K	90.8K	270.4K	310.9K	326.5K
Total Current Liabilities	6.1M	5.7M	5.4M	5.6M	6.4M	6.7M
Total Stockholder Equity	17.2M	105.3M	91.4M	77.0M	88.5M	93.0M
Net Debt	1.3M	(19.1M)	(731.2K)	(425.8K)	(383.2K)	(402.3K)
Retained Earnings	(32.7M)	(46.1M)	(63.0M)	(79.5M)	(71.5M)	(68.0M)
Accounts Payable	4.1M	4.0M	3.6M	4.2M	4.8M	5.0M
Cash	1.1M	19.7M	1.2M	1.8M	2.1M	3.4M
Cash And Short Term Investments	1.1M	20.2M	1.6M	2.2M	2.5M	3.5M
Common Stock Shares Outstanding	98.1M	136.2M	167.2M	167.7M	192.9M	202.5M
Liabilities And Stockholders Equity	21.5M	111.1M	96.9M	82.6M	95.0M	99.7M
Other Stockholder Equity	6.7M	7.5K	44.1M	45.5M	52.3M	55.0M
Total Liab	6.6M	5.8M	5.5M	5.6M	6.4M	3.5M
Total Current Assets	3.8M	49.8M	17.6M	25.4M	29.3M	30.7M
Accumulated Other Comprehensive Income	6.7M	41.3M	44.1M	149.0K	171.4K	162.8K
Net Receivables	1.5M	11.3M	6.4M	2.5M	2.8M	2.3M
Net Tangible Assets	21.1M	17.0M	105.3M	91.4M	105.1M	110.4M
Non Current Assets Total	17.7M	61.3M	79.3M	57.1M	65.7M	38.6M
Non Current Liabilities Total	512.9K	73.0K	92.8K	41.2K	37.1K	35.2K
Other Current Assets	966.0K	17.9M	9.3M	17.3M	19.9M	20.9M
Common Stock	43.3M	110.1M	110.4M	110.8M	127.4M	133.8M
Property Plant Equipment	15.1M	13.3M	31.2M	58.1M	66.8M	70.1M
Short Long Term Debt Total	2.4M	538.2K	516.3K	1.4M	1.2M	1.6M
Property Plant And Equipment Net	13.3M	31.2M	58.1M	47.4M	54.5M	32.2M
Current Deferred Revenue	25.8K	1.2M	1.1M	64.4K	74.0K	70.3K
Non Currrent Assets Other	4.2M	24.4M	21.2M	9.7M	11.2M	11.6M
Other Assets	2.2M	4.2M	(2.0)	21.2M	24.3M	25.5M
Short Term Investments	966.0K	486.6K	401.5K	387.0K	348.3K	594.9K
Inventory	276.1K	426.6K	258.3K	3.5M	3.1M	3.3M
Net Invested Capital	19.3M	105.6M	91.7M	78.3M	90.0M	63.8M
Short Long Term Debt	520.0K	1.8M	291.9K	1.3M	1.1M	703.0K
Capital Stock	43.3M	110.1M	110.4M	110.8M	127.4M	83.4M
Net Working Capital	(2.3M)	44.1M	12.2M	19.9M	22.9M	16.5M
Short Term Debt	1.9M	465.3K	423.5K	1.3M	1.2M	807.5K
Capital Lease Obligations	308.8K	246.3K	224.4K	91.8K	82.6K	78.5K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Dmg Stock Analysis

When running Dmg Blockchain's price analysis, check to measure Dmg Blockchain'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 Dmg Blockchain is operating at the current time. Most of Dmg Blockchain's value examination focuses on studying past and present price action to predict the probability of Dmg Blockchain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dmg Blockchain's price. Additionally, you may evaluate how the addition of Dmg Blockchain to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC