DMY Accounts Payable vs Non Current Liabilities Total Analysis
| DMYY Stock | 10.64 0.09 0.85% |
DMY Squared financial indicator trend analysis is much more than just examining dMY Squared Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether dMY Squared Technology is a good investment. Please check the relationship between DMY Squared Accounts Payable and its Non Current Liabilities Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in dMY Squared Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Accounts Payable vs Non Current Liabilities Total
Accounts Payable vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of dMY Squared Technology Accounts Payable account and Non Current Liabilities Total. At this time, the significance of the direction appears to have pay attention.
The correlation between DMY Squared's Accounts Payable and Non Current Liabilities Total is -0.95. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of dMY Squared Technology, assuming nothing else is changed. The correlation between historical values of DMY Squared's Accounts Payable and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of dMY Squared Technology are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Accounts Payable i.e., DMY Squared's Accounts Payable and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.95 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents DMY Squared obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of dMY Squared Technology are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Non Current Liabilities Total
Most indicators from DMY Squared's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into dMY Squared Technology 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 dMY Squared Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. Selling General Administrative is likely to drop to about 1.3 M in 2024. Tax Provision is likely to drop to about 427.1 K in 2024
| 2010 | 2023 | 2024 (projected) | Tax Provision | 533.8K | 480.4K | 427.1K | Income Tax Expense | 86.2K | 533.8K | 341.0K |
DMY Squared fundamental ratios Correlations
Click cells to compare fundamentals
DMY Squared Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for DMY Stock Analysis
When running DMY Squared's price analysis, check to measure DMY Squared'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 DMY Squared is operating at the current time. Most of DMY Squared's value examination focuses on studying past and present price action to predict the probability of DMY Squared's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DMY Squared's price. Additionally, you may evaluate how the addition of DMY Squared to your portfolios can decrease your overall portfolio volatility.