Big Total Current Assets vs Short Term Investments Analysis
DSY Stock | 2.30 0.17 6.88% |
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 Total Current Assets and its Short Term Investments 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.
Total Current Assets vs Short Term Investments
Total Current Assets vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big Tree Cloud Total Current Assets account and Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Big Tree's Total Current Assets and Short Term Investments is -0.7. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Term Investments 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 Total Current Assets and Short Term Investments 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 Big Tree Cloud are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Current Assets i.e., Big Tree's Total Current Assets and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.Short Term Investments
Short Term Investments is an item under the current assets section of Big Tree balance sheet. It contains any investments Big Tree Cloud undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Big Tree Cloud can easily liquidate in the marketplace.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.