Dmg Property Plant Equipment vs Common Stock Analysis
DMGI Stock | CAD 0.44 0.03 7.32% |
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 Equipment and its Common Stock 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 Equipment vs Common Stock
Property Plant Equipment vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dmg Blockchain Solutions Property Plant Equipment account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dmg Blockchain's Property Plant Equipment and Common Stock is 0.97. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Common Stock 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 Equipment and Common Stock 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 Equipment of Dmg Blockchain Solutions are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Property Plant Equipment i.e., Dmg Blockchain's Property Plant Equipment and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant Equipment
Common Stock
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 |
Dmg Blockchain fundamental ratios Correlations
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Dmg Blockchain Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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.