DMY Total Current Assets vs Cash 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 Total Current Assets and its Cash 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.
Total Current Assets vs Cash
Total Current Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of dMY Squared Technology Total Current Assets account and Cash. At this time, the significance of the direction appears to have totally related.
The correlation between DMY Squared's Total Current Assets and Cash is 1.0. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash 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 Total Current Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of dMY Squared Technology are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Assets i.e., DMY Squared's Total Current Assets and Cash go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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.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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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.