Data Gross Profit vs Net Income From Continuing Ops Analysis

DTST Stock  USD 3.92  0.02  0.51%   
Data Storage financial indicator trend analysis is much more than just examining Data Storage Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Data Storage Corp is a good investment. Please check the relationship between Data Storage Gross Profit and its Net Income From Continuing Ops accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Data Storage Corp. 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.
For more information on how to buy Data Stock please use our How to Invest in Data Storage guide.

Gross Profit vs Net Income From Continuing Ops

Gross Profit vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Data Storage Corp Gross Profit account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Data Storage's Gross Profit and Net Income From Continuing Ops is -0.59. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Data Storage Corp, assuming nothing else is changed. The correlation between historical values of Data Storage's Gross Profit and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Data Storage Corp are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Gross Profit i.e., Data Storage's Gross Profit and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Data Storage Corp minus its cost of goods sold. It is profit before Data Storage operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Net Income From Continuing Ops

Most indicators from Data Storage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Data Storage Corp 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 Data Storage Corp. 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.
For more information on how to buy Data Stock please use our How to Invest in Data Storage guide.At this time, Data Storage's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is expected to grow at the current pace this year, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense126.7K130.1K74.5K70.8K
Depreciation And Amortization1.4M1.4M1.4M770.0K

Data Storage fundamental ratios Correlations

-0.060.290.990.63-0.69-0.690.820.650.820.370.980.80.670.95-0.760.85-0.070.980.99-0.43-0.23-0.240.070.850.79
-0.06-0.04-0.05-0.030.31-0.160.0-0.38-0.22-0.080.01-0.60.170.07-0.19-0.22-0.020.03-0.070.13-0.170.22-0.07-0.34-0.14
0.29-0.040.20.450.17-0.770.530.00.530.240.160.360.520.34-0.290.50.830.250.20.360.530.520.660.290.52
0.99-0.050.20.59-0.73-0.630.790.650.790.360.990.780.640.93-0.780.82-0.170.970.99-0.47-0.31-0.28-0.020.840.77
0.63-0.030.450.59-0.29-0.520.450.390.80.50.540.560.590.69-0.240.640.30.690.560.010.25-0.220.330.680.58
-0.690.310.17-0.73-0.290.12-0.25-0.95-0.64-0.45-0.68-0.61-0.26-0.520.44-0.580.44-0.6-0.690.480.290.250.11-0.72-0.68
-0.69-0.16-0.77-0.63-0.520.12-0.77-0.19-0.67-0.18-0.62-0.54-0.83-0.790.63-0.75-0.49-0.66-0.63-0.14-0.21-0.17-0.45-0.5-0.71
0.820.00.530.790.45-0.25-0.770.170.60.20.80.690.60.79-0.830.730.130.810.82-0.32-0.290.050.00.640.59
0.65-0.380.00.650.39-0.95-0.190.170.730.480.590.620.310.5-0.30.61-0.20.540.61-0.310.03-0.220.180.720.74
0.82-0.220.530.790.8-0.64-0.670.60.730.60.710.790.710.79-0.530.920.180.760.74-0.060.16-0.040.30.90.94
0.37-0.080.240.360.5-0.45-0.180.20.480.60.240.30.410.33-0.320.330.050.320.260.160.020.320.050.560.52
0.980.010.160.990.54-0.68-0.620.80.590.710.240.730.580.92-0.770.78-0.20.981.0-0.55-0.36-0.32-0.040.790.69
0.8-0.60.360.780.56-0.61-0.540.690.620.790.30.730.530.72-0.530.850.020.730.79-0.27-0.05-0.260.090.830.73
0.670.170.520.640.59-0.26-0.830.60.310.710.410.580.530.82-0.650.690.210.640.590.360.130.040.280.480.74
0.950.070.340.930.69-0.52-0.790.790.50.790.330.920.720.82-0.720.820.020.950.92-0.21-0.11-0.290.150.760.75
-0.76-0.19-0.29-0.78-0.240.440.63-0.83-0.3-0.53-0.32-0.77-0.53-0.65-0.72-0.660.22-0.71-0.770.220.5-0.140.2-0.55-0.65
0.85-0.220.50.820.64-0.58-0.750.730.610.920.330.780.850.690.82-0.660.070.780.81-0.170.0-0.120.160.880.91
-0.07-0.020.83-0.170.30.44-0.490.13-0.20.180.05-0.20.020.210.020.220.07-0.06-0.160.440.770.450.81-0.060.11
0.980.030.250.970.69-0.6-0.660.810.540.760.320.980.730.640.95-0.710.78-0.060.97-0.46-0.26-0.310.050.810.69
0.99-0.070.20.990.56-0.69-0.630.820.610.740.261.00.790.590.92-0.770.81-0.160.97-0.52-0.33-0.31-0.020.820.72
-0.430.130.36-0.470.010.48-0.14-0.32-0.31-0.060.16-0.55-0.270.36-0.210.22-0.170.44-0.46-0.520.570.40.36-0.39-0.01
-0.23-0.170.53-0.310.250.29-0.21-0.290.030.160.02-0.36-0.050.13-0.110.50.00.77-0.26-0.330.570.110.88-0.110.09
-0.240.220.52-0.28-0.220.25-0.170.05-0.22-0.040.32-0.32-0.260.04-0.29-0.14-0.120.45-0.31-0.310.40.110.16-0.20.11
0.07-0.070.66-0.020.330.11-0.450.00.180.30.05-0.040.090.280.150.20.160.810.05-0.020.360.880.160.030.27
0.85-0.340.290.840.68-0.72-0.50.640.720.90.560.790.830.480.76-0.550.88-0.060.810.82-0.39-0.11-0.20.030.79
0.79-0.140.520.770.58-0.68-0.710.590.740.940.520.690.730.740.75-0.650.910.110.690.72-0.010.090.110.270.79
Click cells to compare fundamentals

Data Storage Account Relationship Matchups

Data Storage fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.3M7.8M26.3M24.1M23.3M24.5M
Other Current Liab971.0K1.1M(1.3M)(3.2M)3.1M3.3M
Total Current Liabilities3.7M4.4M3.0M4.5M3.5M3.2M
Total Stockholder Equity1.8M2.0M22.7M19.1M20.0M21.0M
Property Plant And Equipment Net2.5M2.5M2.4M2.4M2.8M1.5M
Net Debt3.0M2.4M(10.1M)(636.3K)(827.3K)(785.9K)
Retained Earnings(15.8M)(15.7M)(15.5M)(19.9M)(19.5M)(20.5M)
Accounts Payable906.7K979.6K1.3M3.2M2.6M2.7M
Cash326.6K893.6K12.1M2.3M1.4M1.2M
Non Current Assets Total6.2M6.1M11.3M8.7M8.8M5.3M
Cash And Short Term Investments326.6K893.6K12.1M11.3M12.7M13.4M
Net Receivables691.4K554.6K2.4M3.5M1.3M752.7K
Common Stock Shares Outstanding3.2M3.4M6.3M6.8M7.2M7.6M
Liabilities And Stockholders Equity7.3M7.8M26.3M24.1M23.3M24.5M
Non Current Liabilities Total1.9M1.5M748.4K609.3K37.9K36.0K
Other Stockholder Equity17.5M17.6M38.2M39.0M39.5M20.0M
Total Liab5.6M5.8M3.7M5.1M3.5M4.4M
Property Plant And Equipment Gross2.5M2.5M7.0M7.4M7.9M8.3M
Total Current Assets1.1M1.7M15.1M15.4M14.5M15.2M
Common Stock128.4K128.5K6.7K6.8K6.9K6.5K
Short Long Term Debt Total3.3M3.3M2.0M1.7M601.5K571.4K
Current Deferred Revenue432.9K461.9K366.9K281.1K336.2K500.9K
Short Term Debt1.4M1.8M1.3M1.0M563.5K1.0M
Intangible Assets649.9K455.9K2.3M2.0M1.7M968.8K
Other Current Assets80.7K239.5K1.0M584.7K984.0K1.0M
Net Tangible Assets(2.1M)(1.9M)(1.5M)13.9M16.0M16.8M
Property Plant Equipment1.3M2.5M2.5M2.4M2.7M1.6M
Capital Lease Obligations2.9M2.8M2.0M1.7M601.5K571.4K
Net Invested Capital2.2M2.5M22.7M19.1M20.0M11.1M
Net Working Capital(2.6M)(2.7M)12.1M10.9M11.0M11.6M
Capital Stock129.8K129.9K6.7K6.8K6.9K6.5K

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Additional Tools for Data Stock Analysis

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