Dmg Other Stockholder Equity vs Common Stock Shares Outstanding 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 Other Stockholder Equity and its Common Stock Shares Outstanding 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.

Other Stockholder Equity vs Common Stock Shares Outstanding

Other Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dmg Blockchain Solutions Other Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Dmg Blockchain's Other Stockholder Equity and Common Stock Shares Outstanding is 0.84. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding 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 Other Stockholder Equity and Common Stock Shares Outstanding 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 Stockholder Equity of Dmg Blockchain Solutions are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Stockholder Equity i.e., Dmg Blockchain's Other Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Other Stockholder Equity

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Revenue1.3M38.7M44.5M46.7M
Research Development2.4M2.0M1.8M1.5M

Dmg Blockchain fundamental ratios Correlations

0.790.831.0-0.4-0.910.830.440.460.920.770.590.920.790.980.970.91-0.940.87-0.10.890.74-0.87-0.51-0.420.93
0.790.840.780.18-0.910.88-0.06-0.040.920.890.610.610.390.820.870.92-0.70.82-0.550.560.87-0.72-0.12-0.140.63
0.830.840.81-0.14-0.90.990.270.280.930.70.790.770.620.830.90.82-0.780.7-0.470.660.65-0.84-0.08-0.470.63
1.00.780.81-0.39-0.910.820.420.450.910.770.570.920.80.980.970.91-0.940.87-0.090.90.75-0.87-0.52-0.420.94
-0.40.18-0.14-0.390.06-0.1-0.97-0.97-0.150.22-0.3-0.59-0.69-0.28-0.20.00.3-0.04-0.55-0.490.250.150.30.34-0.42
-0.91-0.91-0.9-0.910.06-0.91-0.12-0.15-0.95-0.9-0.59-0.79-0.58-0.94-0.97-0.970.89-0.910.41-0.74-0.870.910.410.32-0.81
0.830.880.990.82-0.1-0.910.220.240.950.720.770.760.60.840.910.84-0.780.72-0.510.660.69-0.85-0.07-0.420.65
0.44-0.060.270.42-0.97-0.120.221.00.27-0.150.480.60.650.310.260.06-0.280.040.390.44-0.19-0.17-0.18-0.30.37
0.46-0.040.280.45-0.97-0.150.241.00.29-0.130.490.620.670.330.280.08-0.310.070.380.46-0.17-0.19-0.2-0.310.39
0.920.920.930.91-0.15-0.950.950.270.290.840.760.780.590.910.950.92-0.820.82-0.420.710.8-0.84-0.25-0.330.74
0.770.890.70.770.22-0.90.72-0.15-0.130.840.370.560.270.830.860.96-0.720.87-0.470.531.0-0.75-0.48-0.050.67
0.590.610.790.57-0.3-0.590.770.480.490.760.370.520.480.50.580.48-0.470.44-0.350.40.32-0.50.16-0.370.37
0.920.610.770.92-0.59-0.790.760.60.620.780.560.520.850.910.880.76-0.830.68-0.030.840.52-0.75-0.45-0.360.87
0.790.390.620.8-0.69-0.580.60.650.670.590.270.480.850.740.70.52-0.810.590.340.930.24-0.66-0.34-0.70.83
0.980.820.830.98-0.28-0.940.840.310.330.910.830.50.910.740.990.95-0.940.89-0.180.870.8-0.88-0.52-0.350.93
0.970.870.90.97-0.2-0.970.910.260.280.950.860.580.880.70.990.97-0.920.89-0.290.820.83-0.9-0.44-0.370.87
0.910.920.820.910.0-0.970.840.060.080.920.960.480.760.520.950.97-0.860.92-0.370.720.94-0.86-0.49-0.220.82
-0.94-0.7-0.78-0.940.30.89-0.78-0.28-0.31-0.82-0.72-0.47-0.83-0.81-0.94-0.92-0.86-0.90.04-0.94-0.710.940.570.61-0.94
0.870.820.70.87-0.04-0.910.720.040.070.820.870.440.680.590.890.890.92-0.9-0.150.790.87-0.82-0.58-0.340.89
-0.1-0.55-0.47-0.09-0.550.41-0.510.390.38-0.42-0.47-0.35-0.030.34-0.18-0.29-0.370.04-0.150.24-0.460.3-0.29-0.290.12
0.890.560.660.9-0.49-0.740.660.440.460.710.530.40.840.930.870.820.72-0.940.790.240.52-0.8-0.51-0.670.93
0.740.870.650.750.25-0.870.69-0.19-0.170.81.00.320.520.240.80.830.94-0.710.87-0.460.52-0.75-0.51-0.050.66
-0.87-0.72-0.84-0.870.150.91-0.85-0.17-0.19-0.84-0.75-0.5-0.75-0.66-0.88-0.9-0.860.94-0.820.3-0.8-0.750.470.59-0.79
-0.51-0.12-0.08-0.520.30.41-0.07-0.18-0.2-0.25-0.480.16-0.45-0.34-0.52-0.44-0.490.57-0.58-0.29-0.51-0.510.470.1-0.66
-0.42-0.14-0.47-0.420.340.32-0.42-0.3-0.31-0.33-0.05-0.37-0.36-0.7-0.35-0.37-0.220.61-0.34-0.29-0.67-0.050.590.1-0.42
0.930.630.630.94-0.42-0.810.650.370.390.740.670.370.870.830.930.870.82-0.940.890.120.930.66-0.79-0.66-0.42
Click cells to compare fundamentals

Dmg Blockchain Account Relationship Matchups

Dmg Blockchain fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.5M111.1M96.9M82.6M95.0M99.7M
Other Current Liab49.1K263.8K90.8K270.4K310.9K326.5K
Total Current Liabilities6.1M5.7M5.4M5.6M6.4M6.7M
Total Stockholder Equity17.2M105.3M91.4M77.0M88.5M93.0M
Net Debt1.3M(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 Payable4.1M4.0M3.6M4.2M4.8M5.0M
Cash1.1M19.7M1.2M1.8M2.1M3.4M
Cash And Short Term Investments1.1M20.2M1.6M2.2M2.5M3.5M
Common Stock Shares Outstanding98.1M136.2M167.2M167.7M192.9M202.5M
Liabilities And Stockholders Equity21.5M111.1M96.9M82.6M95.0M99.7M
Other Stockholder Equity6.7M7.5K44.1M45.5M52.3M55.0M
Total Liab6.6M5.8M5.5M5.6M6.4M3.5M
Total Current Assets3.8M49.8M17.6M25.4M29.3M30.7M
Accumulated Other Comprehensive Income6.7M41.3M44.1M149.0K171.4K162.8K
Net Receivables1.5M11.3M6.4M2.5M2.8M2.3M
Net Tangible Assets21.1M17.0M105.3M91.4M105.1M110.4M
Non Current Assets Total17.7M61.3M79.3M57.1M65.7M38.6M
Non Current Liabilities Total512.9K73.0K92.8K41.2K37.1K35.2K
Other Current Assets966.0K17.9M9.3M17.3M19.9M20.9M
Common Stock43.3M110.1M110.4M110.8M127.4M133.8M
Property Plant Equipment15.1M13.3M31.2M58.1M66.8M70.1M
Short Long Term Debt Total2.4M538.2K516.3K1.4M1.2M1.6M
Property Plant And Equipment Net13.3M31.2M58.1M47.4M54.5M32.2M
Current Deferred Revenue25.8K1.2M1.1M64.4K74.0K70.3K
Non Currrent Assets Other4.2M24.4M21.2M9.7M11.2M11.6M
Other Assets2.2M4.2M(2.0)21.2M24.3M25.5M
Short Term Investments966.0K486.6K401.5K387.0K348.3K594.9K
Inventory276.1K426.6K258.3K3.5M3.1M3.3M
Net Invested Capital19.3M105.6M91.7M78.3M90.0M63.8M
Short Long Term Debt520.0K1.8M291.9K1.3M1.1M703.0K
Capital Stock43.3M110.1M110.4M110.8M127.4M83.4M
Net Working Capital(2.3M)44.1M12.2M19.9M22.9M16.5M
Short Term Debt1.9M465.3K423.5K1.3M1.2M807.5K
Capital Lease Obligations308.8K246.3K224.4K91.8K82.6K78.5K

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