DMY Cash vs Current Deferred Revenue 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 Cash and its Current Deferred Revenue 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.
Cash vs Current Deferred Revenue
Cash vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of dMY Squared Technology Cash account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between DMY Squared's Cash and Current Deferred Revenue is -0.95. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Current Deferred Revenue 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 Cash and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of dMY Squared Technology are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Cash i.e., DMY Squared's Cash and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.95 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of dMY Squared Technology, which is listed under current asset account on dMY Squared Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from DMY Squared customers. The amounts must be unrestricted with restricted cash listed in a different DMY Squared account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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.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
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DMY Squared Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.