Data3 Net Receivables vs Property Plant And Equipment Gross Analysis

DTL Stock   7.76  0.09  1.15%   
Data3 financial indicator trend analysis is much more than just examining Data3 latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Data3 is a good investment. Please check the relationship between Data3 Net Receivables and its Property Plant And Equipment Gross accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Data3. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Property Plant And Equipment Gross

Net Receivables vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Data3 Net Receivables account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Data3's Net Receivables and Property Plant And Equipment Gross is 0.92. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Data3, assuming nothing else is changed. The correlation between historical values of Data3's Net Receivables and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Data3 are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Net Receivables i.e., Data3's Net Receivables and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Property Plant And Equipment Gross

Most indicators from Data3's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Data3 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 Data3. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Issuance Of Capital Stock is likely to gain to about 1.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3.1 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses2.1B2.5B733.5M817.0M
Interest Expense1.3M1.2M30K28.5K

Data3 fundamental ratios Correlations

0.890.561.00.960.870.95-0.870.971.00.910.770.350.910.970.50.550.870.840.62-0.61.00.931.0-0.870.73
0.890.410.890.780.980.8-0.720.790.90.780.870.260.780.890.280.330.950.860.32-0.790.90.980.89-0.820.51
0.560.410.560.590.50.62-0.670.60.530.630.7-0.380.630.450.730.670.580.420.52-0.570.560.460.56-0.330.78
1.00.890.560.960.870.95-0.880.961.00.910.760.350.910.970.490.550.860.830.63-0.61.00.931.0-0.870.72
0.960.780.590.960.780.93-0.841.00.950.870.680.340.870.930.680.730.760.770.67-0.430.960.830.96-0.780.83
0.870.980.50.870.780.78-0.720.790.870.760.910.160.760.860.370.410.970.870.31-0.820.880.960.86-0.760.56
0.950.80.620.950.930.78-0.790.940.940.820.740.20.820.940.540.580.830.830.69-0.580.950.830.95-0.730.72
-0.87-0.72-0.67-0.88-0.84-0.72-0.79-0.84-0.87-0.99-0.67-0.24-0.99-0.73-0.49-0.52-0.71-0.61-0.490.56-0.87-0.76-0.880.78-0.71
0.970.790.60.961.00.790.94-0.840.960.870.70.340.870.940.670.710.770.780.68-0.450.960.840.97-0.780.81
1.00.90.531.00.950.870.94-0.870.960.910.760.380.910.970.470.530.860.830.61-0.591.00.931.0-0.880.71
0.910.780.630.910.870.760.82-0.990.870.910.690.281.00.780.470.520.750.660.49-0.580.910.810.91-0.810.7
0.770.870.70.760.680.910.74-0.670.70.760.69-0.070.690.740.420.390.950.810.34-0.880.780.840.76-0.580.59
0.350.26-0.380.350.340.160.2-0.240.340.380.28-0.070.280.37-0.16-0.10.060.20.290.250.350.290.36-0.480.0
0.910.780.630.910.870.760.82-0.990.870.911.00.690.280.780.470.520.750.660.49-0.580.910.810.91-0.810.7
0.970.890.450.970.930.860.94-0.730.940.970.780.740.370.780.460.520.850.860.62-0.550.970.920.97-0.830.68
0.50.280.730.490.680.370.54-0.490.670.470.470.42-0.160.470.460.970.330.340.47-0.110.490.330.5-0.240.9
0.550.330.670.550.730.410.58-0.520.710.530.520.39-0.10.520.520.970.360.380.49-0.130.540.380.55-0.290.84
0.870.950.580.860.760.970.83-0.710.770.860.750.950.060.750.850.330.360.870.4-0.880.870.930.85-0.720.52
0.840.860.420.830.770.870.83-0.610.780.830.660.810.20.660.860.340.380.870.37-0.720.840.860.83-0.590.56
0.620.320.520.630.670.310.69-0.490.680.610.490.340.290.490.620.470.490.40.37-0.090.620.410.62-0.510.54
-0.6-0.79-0.57-0.6-0.43-0.82-0.580.56-0.45-0.59-0.58-0.880.25-0.58-0.55-0.11-0.13-0.88-0.72-0.09-0.61-0.75-0.590.47-0.31
1.00.90.561.00.960.880.95-0.870.961.00.910.780.350.910.970.490.540.870.840.62-0.610.931.0-0.870.72
0.930.980.460.930.830.960.83-0.760.840.930.810.840.290.810.920.330.380.930.860.41-0.750.930.93-0.880.59
1.00.890.561.00.960.860.95-0.880.971.00.910.760.360.910.970.50.550.850.830.62-0.591.00.93-0.870.73
-0.87-0.82-0.33-0.87-0.78-0.76-0.730.78-0.78-0.88-0.81-0.58-0.48-0.81-0.83-0.24-0.29-0.72-0.59-0.510.47-0.87-0.88-0.87-0.53
0.730.510.780.720.830.560.72-0.710.810.710.70.590.00.70.680.90.840.520.560.54-0.310.720.590.73-0.53
Click cells to compare fundamentals

Data3 Account Relationship Matchups

Data3 fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets594.8M704.1M780.2M944.5M873.4M917.1M
Short Long Term Debt Total18.3M26.9M25.6M23.9M20.6M21.6M
Other Current Liab38.4M40.8M38.2M54.7M32.8M22.9M
Total Current Liabilities514.4M610.4M683.4M843.3M770.4M808.9M
Total Stockholder Equity52.2M56.3M61.7M68.3M74.9M78.7M
Property Plant And Equipment Net22.0M29.1M27.0M24.3M20.0M21.0M
Current Deferred Revenue36.5M39.3M49.7M52.1M46.8M49.1M
Net Debt(236.9M)(177.5M)(123.8M)(380.9M)(255.8M)(243.0M)
Retained Earnings43.2M46.9M51.3M56.4M61.8M64.9M
Accounts Payable437.2M526.2M591.7M728.7M679.6M713.6M
Cash255.1M204.3M149.5M404.8M276.4M290.2M
Non Current Assets Total52.9M62.6M60M54.4M42.0M21.6M
Cash And Short Term Investments255.1M204.3M149.5M404.8M276.4M290.2M
Net Receivables261.1M400.9M533.7M442.3M502.9M528.1M
Common Stock Shares Outstanding154.5M154.7M154.8M155.1M155.2M165.5M
Liabilities And Stockholders Equity594.8M704.1M780.2M944.5M873.4M917.1M
Non Current Liabilities Total27.7M37.5M35.1M32.9M20.9M21.9M
Inventory21.2M13.9M33.1M19.4M19.1M20.1M
Other Current Assets4.5M22.4M20.5M23.6M25.7M27.0M
Other Stockholder Equity165K(51.4M)(55.1M)(61.6M)(68.2M)1.05
Total Liab542.1M647.8M718.5M876.1M798.5M838.4M
Property Plant And Equipment Gross22.0M40.4M42.7M44.9M36.1M37.9M
Total Current Assets541.9M641.6M720.2M890.0M824.1M865.3M
Accumulated Other Comprehensive Income808K1.2M116K111K557K584.9K
Short Term Debt2.4M(36.6M)(16.0M)(48.5M)(42.8M)(40.7M)
Intangible Assets15.2M16.0M17.4M15.2M3.2M5.5M
Other Liab6.3M4.4M4.1M3.2M3.7M2.8M
Other Assets8.3M8.2M6.4M5.9M7.2M7.6M
Short Term Investments79.1M255K110K89K80.1K76.1K
Property Plant Equipment22.0M29.1M27.0M24.3M27.9M29.3M
Net Tangible Assets30.8M37.0M40.3M44.3M50.9M34.1M
Long Term Debt Total15.9M24.1M22.6M20.3M23.3M24.5M
Capital Lease Obligations18.3M26.9M25.6M23.9M20.6M14.3M

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