Big Depreciation vs Other Non Cash Items Analysis
DSY Stock | 2.31 0.02 0.87% |
Big Tree financial indicator trend analysis is way more than just evaluating Big Tree Cloud prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Big Tree Cloud is a good investment. Please check the relationship between Big Tree Depreciation and its Other Non Cash Items accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Big Tree Cloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Depreciation vs Other Non Cash Items
Depreciation vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big Tree Cloud Depreciation account and Other Non Cash Items. At this time, the significance of the direction appears to have strong relationship.
The correlation between Big Tree's Depreciation and Other Non Cash Items is 0.72. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Big Tree Cloud, assuming nothing else is changed. The correlation between historical values of Big Tree's Depreciation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Big Tree Cloud are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Depreciation i.e., Big Tree's Depreciation and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of Big Tree Cloud value has been used up. For tax purposes Big Tree can deduct the cost of the tangible assets it purchases as business expenses. However, Big Tree Cloud must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Other Non Cash Items
Most indicators from Big Tree's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Big Tree Cloud 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 Big Tree Cloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Big Tree's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 208.71 in 2024, whereas Tax Provision is likely to drop (54 K) in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 56.8K | 798.9K | 1.1M | 729.0K | Interest Income | 4.5K | 9.3K | 206.6K | 216.9K |
Big Tree fundamental ratios Correlations
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Big Tree Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Big Tree's price analysis, check to measure Big Tree'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 Big Tree is operating at the current time. Most of Big Tree's value examination focuses on studying past and present price action to predict the probability of Big Tree's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Big Tree's price. Additionally, you may evaluate how the addition of Big Tree to your portfolios can decrease your overall portfolio volatility.