Dynatrace Sale Purchase Of Stock vs Depreciation Analysis

DT Stock  USD 56.19  0.73  1.32%   
Dynatrace Holdings financial indicator trend analysis is much more than just examining Dynatrace Holdings LLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dynatrace Holdings LLC is a good investment. Please check the relationship between Dynatrace Holdings Sale Purchase Of Stock and its Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynatrace Holdings LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Sale Purchase Of Stock vs Depreciation

Sale Purchase Of Stock vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dynatrace Holdings LLC Sale Purchase Of Stock account and Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Dynatrace Holdings' Sale Purchase Of Stock and Depreciation is -0.67. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Depreciation in the same time period over historical financial statements of Dynatrace Holdings LLC, assuming nothing else is changed. The correlation between historical values of Dynatrace Holdings' Sale Purchase Of Stock and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Dynatrace Holdings LLC are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Sale Purchase Of Stock i.e., Dynatrace Holdings' Sale Purchase Of Stock and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Sale Purchase Of Stock

Depreciation

Depreciation indicates how much of Dynatrace Holdings LLC value has been used up. For tax purposes Dynatrace Holdings can deduct the cost of the tangible assets it purchases as business expenses. However, Dynatrace Holdings LLC 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.
Most indicators from Dynatrace Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dynatrace Holdings LLC 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 Dynatrace Holdings LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Sales General And Administrative To Revenue is likely to gain to 0.18 in 2024, whereas Tax Provision is likely to drop slightly above 268.9 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense10.2M3.4M37.3M24.1M
Depreciation And Amortization56.9M54.6M54.9M54.0M

Dynatrace Holdings fundamental ratios Correlations

-0.490.89-0.390.920.910.920.910.670.80.860.910.86-0.710.920.92-0.850.75-0.850.920.97-0.890.820.79
-0.49-0.730.91-0.6-0.59-0.59-0.52-0.48-0.4-0.8-0.68-0.780.87-0.59-0.650.83-0.610.82-0.63-0.650.78-0.9-0.92
0.89-0.73-0.640.970.940.960.930.790.820.990.920.94-0.910.960.98-0.950.77-0.980.910.93-1.00.920.93
-0.390.91-0.64-0.44-0.4-0.42-0.33-0.21-0.18-0.73-0.68-0.790.89-0.42-0.520.69-0.620.76-0.58-0.560.69-0.81-0.79
0.92-0.60.97-0.440.981.00.990.880.920.930.870.84-0.791.00.99-0.920.73-0.920.890.92-0.950.840.87
0.91-0.590.94-0.40.980.980.980.870.890.90.810.8-0.750.980.97-0.920.66-0.890.860.91-0.930.820.85
0.92-0.590.96-0.421.00.980.990.890.920.920.850.83-0.771.00.99-0.910.71-0.910.870.91-0.940.830.85
0.91-0.520.93-0.330.990.980.990.90.940.880.810.78-0.711.00.97-0.880.68-0.860.860.9-0.910.780.81
0.67-0.480.79-0.210.880.870.890.90.870.740.550.54-0.560.890.83-0.750.45-0.710.580.65-0.750.620.7
0.8-0.40.82-0.180.920.890.920.940.870.760.720.62-0.560.920.9-0.780.63-0.740.790.78-0.790.630.69
0.86-0.80.99-0.730.930.90.920.880.740.760.920.96-0.950.920.96-0.960.78-1.00.90.92-1.00.950.96
0.91-0.680.92-0.680.870.810.850.810.550.720.920.97-0.870.850.9-0.890.87-0.930.970.96-0.930.910.88
0.86-0.780.94-0.790.840.80.830.780.540.620.960.97-0.950.820.88-0.910.81-0.970.920.93-0.950.950.92
-0.710.87-0.910.89-0.79-0.75-0.77-0.71-0.56-0.56-0.95-0.87-0.95-0.77-0.830.89-0.740.96-0.82-0.810.93-0.93-0.93
0.92-0.590.96-0.421.00.981.01.00.890.920.920.850.82-0.770.99-0.910.72-0.90.880.91-0.940.830.85
0.92-0.650.98-0.520.990.970.990.970.830.90.960.90.88-0.830.99-0.950.78-0.950.930.95-0.970.870.89
-0.850.83-0.950.69-0.92-0.92-0.91-0.88-0.75-0.78-0.96-0.89-0.910.89-0.91-0.95-0.790.97-0.91-0.930.97-0.96-0.98
0.75-0.610.77-0.620.730.660.710.680.450.630.780.870.81-0.740.720.78-0.79-0.790.860.82-0.790.780.76
-0.850.82-0.980.76-0.92-0.89-0.91-0.86-0.71-0.74-1.0-0.93-0.970.96-0.9-0.950.97-0.79-0.91-0.920.99-0.96-0.97
0.92-0.630.91-0.580.890.860.870.860.580.790.90.970.92-0.820.880.93-0.910.86-0.910.97-0.930.880.85
0.97-0.650.93-0.560.920.910.910.90.650.780.920.960.93-0.810.910.95-0.930.82-0.920.97-0.940.910.89
-0.890.78-1.00.69-0.95-0.93-0.94-0.91-0.75-0.79-1.0-0.93-0.950.93-0.94-0.970.97-0.790.99-0.93-0.94-0.95-0.96
0.82-0.90.92-0.810.840.820.830.780.620.630.950.910.95-0.930.830.87-0.960.78-0.960.880.91-0.950.99
0.79-0.920.93-0.790.870.850.850.810.70.690.960.880.92-0.930.850.89-0.980.76-0.970.850.89-0.960.99
Click cells to compare fundamentals

Dynatrace Holdings Account Relationship Matchups

Dynatrace Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.3B2.5B2.8B3.4B2.6B
Other Current Liab93.7M77.9M92.0M125.0M199.4M209.4M
Total Current Liabilities488.9M647.9M865.6M1.0B1.3B923.7M
Total Stockholder Equity961.5M1.1B1.3B1.6B2.0B2.1B
Other Liab238.9M81.7M64.6M45.3M40.7M79.4M
Net Tangible Assets(510.8M)(307.1M)(83.2M)259.5M298.4M313.3M
Retained Earnings(594.0M)(513.8M)(461.3M)(353.4M)(198.8M)(208.7M)
Accounts Payable11.1M9.6M22.7M22.0M21.4M13.3M
Cash213.2M325.0M463.0M555.3M779.0M817.9M
Non Current Assets Total1.6B1.6B1.6B1.6B1.8B1.6B
Non Currrent Assets Other7.9M9.9M73.1M100.3M118.1M124.0M
Other Assets68.3M75.4M101.2M180.1M207.1M217.5M
Cash And Short Term Investments213.2M325.0M463.0M555.3M836.9M878.7M
Net Receivables157.1M242.1M350.7M442.5M613.6M644.3M
Good Will1.3B1.3B1.3B1.3B1.3B1.4B
Common Stock Total Equity281K283K286K290K333.5K179.1K
Common Stock Shares Outstanding264.9M286.5M290.9M291.6M299.3M310.7M
Liabilities And Stockholders Equity2.0B2.3B2.5B2.8B3.4B2.6B
Non Current Liabilities Total591.7M494.7M371.3M123.4M135.7M129.0M
Capital Surpluse1.6B1.7B1.8B2.0B2.3B2.4B
Inventory38.5M49.0M62.6M83.0M(46.4M)(44.1M)
Other Current Assets57.7M113.2M134.8M120.3M154.8M82.1M
Other Stockholder Equity1.6B1.7B1.8B2.0B2.2B1.2B
Total Liab1.1B1.1B1.2B1.2B1.4B1.3B
Deferred Long Term Liab39.7M1.0M63.4M280K322K305.9K
Property Plant And Equipment Gross31.5M79.9M104.1M121.7M166.0M174.3M
Total Current Assets466.4M680.3M948.4M1.1B1.6B1.7B
Accumulated Other Comprehensive Income(18.1M)(26.2M)(26.7M)(31.8M)(35.4M)(37.2M)
Cash And Equivalents213.2M325.0M463.0M555.3M638.7M670.6M
Intangible Assets201.6M149.5M105.7M63.6M51.0M48.4M
Common Stock281K283K286K290K297K197.6K
Property Plant Equipment31.5M36.9M104.1M53.6M61.6M43.7M
Short Long Term Debt Total510.0M439.6M338.8M75.2M69.5M66.0M

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