Dmg Property Plant And Equipment Net vs Non Currrent Assets Other 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 Property Plant And Equipment Net and its Non Currrent Assets Other 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.

Property Plant And Equipment Net vs Non Currrent Assets Other

Property Plant And Equipment Net vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dmg Blockchain Solutions Property Plant And Equipment Net account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dmg Blockchain's Property Plant And Equipment Net and Non Currrent Assets Other is 0.79. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Currrent Assets Other 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net of Dmg Blockchain Solutions 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 Property Plant And Equipment Net i.e., Dmg Blockchain's Property Plant And Equipment Net and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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 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
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-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
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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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