Data Net Invested Capital vs Net Receivables Analysis

DTSTW Stock  USD 0.38  0.01  2.56%   
Data Storage financial indicator trend analysis is much more than just examining Data Storage latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Data Storage is a good investment. Please check the relationship between Data Storage Net Invested Capital and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Data Storage. 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.
For more information on how to buy Data Stock please use our How to Invest in Data Storage guide.

Net Invested Capital vs Net Receivables

Net Invested Capital vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Data Storage Net Invested Capital account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Data Storage's Net Invested Capital and Net Receivables is 0.84. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Data Storage, assuming nothing else is changed. The correlation between historical values of Data Storage's Net Invested Capital and Net Receivables 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 Invested Capital of Data Storage are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Invested Capital i.e., Data Storage's Net Invested Capital and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Receivables

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 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. 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.
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 Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.36 in 2024, whereas Selling General Administrative is likely to drop slightly above 4.8 M 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

0.710.290.990.63-0.69-0.690.820.650.820.370.980.80.95-0.760.85-0.070.99-0.43-0.23-0.240.070.850.790.94-0.02
0.710.260.710.47-0.21-0.690.680.120.440.120.750.220.78-0.70.50.010.7-0.24-0.28-0.050.020.390.450.76-0.68
0.290.260.20.450.17-0.770.530.00.530.240.160.360.34-0.290.50.830.20.360.530.520.660.290.520.1-0.02
0.990.710.20.59-0.73-0.630.790.650.790.360.990.780.93-0.780.82-0.170.99-0.47-0.31-0.28-0.020.840.770.95-0.03
0.630.470.450.59-0.29-0.520.450.390.80.50.540.560.69-0.240.640.30.560.010.25-0.220.330.680.580.470.03
-0.69-0.210.17-0.73-0.290.12-0.25-0.95-0.64-0.45-0.68-0.61-0.520.44-0.580.44-0.690.480.290.250.11-0.72-0.68-0.73-0.38
-0.69-0.69-0.77-0.63-0.520.12-0.77-0.19-0.67-0.18-0.62-0.54-0.790.63-0.75-0.49-0.63-0.14-0.21-0.17-0.45-0.5-0.71-0.550.31
0.820.680.530.790.45-0.25-0.770.170.60.20.80.690.79-0.830.730.130.82-0.32-0.290.050.00.640.590.72-0.17
0.650.120.00.650.39-0.95-0.190.170.730.480.590.620.5-0.30.61-0.20.61-0.310.03-0.220.180.720.740.640.47
0.820.440.530.790.8-0.64-0.670.60.730.60.710.790.79-0.530.920.180.74-0.060.16-0.040.30.90.940.680.2
0.370.120.240.360.5-0.45-0.180.20.480.60.240.30.33-0.320.330.050.260.160.020.320.050.560.520.30.23
0.980.750.160.990.54-0.68-0.620.80.590.710.240.730.92-0.770.78-0.21.0-0.55-0.36-0.32-0.040.790.690.96-0.1
0.80.220.360.780.56-0.61-0.540.690.620.790.30.730.72-0.530.850.020.79-0.27-0.05-0.260.090.830.730.60.46
0.950.780.340.930.69-0.52-0.790.790.50.790.330.920.72-0.720.820.020.92-0.21-0.11-0.290.150.760.750.86-0.18
-0.76-0.7-0.29-0.78-0.240.440.63-0.83-0.3-0.53-0.32-0.77-0.53-0.72-0.660.22-0.770.220.5-0.140.2-0.55-0.65-0.790.3
0.850.50.50.820.64-0.58-0.750.730.610.920.330.780.850.82-0.660.070.81-0.170.0-0.120.160.880.910.720.11
-0.070.010.83-0.170.30.44-0.490.13-0.20.180.05-0.20.020.020.220.07-0.160.440.770.450.81-0.060.11-0.260.02
0.990.70.20.990.56-0.69-0.630.820.610.740.261.00.790.92-0.770.81-0.16-0.52-0.33-0.31-0.020.820.720.94-0.03
-0.43-0.240.36-0.470.010.48-0.14-0.32-0.31-0.060.16-0.55-0.27-0.210.22-0.170.44-0.520.570.40.36-0.39-0.01-0.52-0.14
-0.23-0.280.53-0.310.250.29-0.21-0.290.030.160.02-0.36-0.05-0.110.50.00.77-0.330.570.110.88-0.110.09-0.360.19
-0.24-0.050.52-0.28-0.220.25-0.170.05-0.22-0.040.32-0.32-0.26-0.29-0.14-0.120.45-0.310.40.110.16-0.20.11-0.25-0.11
0.070.020.66-0.020.330.11-0.450.00.180.30.05-0.040.090.150.20.160.81-0.020.360.880.160.030.27-0.040.09
0.850.390.290.840.68-0.72-0.50.640.720.90.560.790.830.76-0.550.88-0.060.82-0.39-0.11-0.20.030.790.730.31
0.790.450.520.770.58-0.68-0.710.590.740.940.520.690.730.75-0.650.910.110.72-0.010.090.110.270.790.710.11
0.940.760.10.950.47-0.73-0.550.720.640.680.30.960.60.86-0.790.72-0.260.94-0.52-0.36-0.25-0.040.730.71-0.18
-0.02-0.68-0.02-0.030.03-0.380.31-0.170.470.20.23-0.10.46-0.180.30.110.02-0.03-0.140.19-0.110.090.310.11-0.18
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Data Storage Account Relationship Matchups

Data Storage fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.3M7.8M26.3M24.1M23.3M24.5M
Other Current Liab971.0K1.1M1.1M880.5K3.1M3.3M
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
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
Capital Surpluse17.4M17.4M17.5M17.6M20.3M19.2M
Property Plant Equipment1.6M1.3M2.5M2.5M2.9M1.8M
Capital Lease Obligations2.9M2.8M2.0M1.7M601.5K571.4K
Net Invested Capital2.2M2.5M22.7M19.1M20.0M11.1M
Property Plant And Equipment Gross2.5M2.5M7.0M7.4M7.9M4.8M
Net Working Capital(2.6M)(2.7M)12.1M10.9M11.0M11.6M
Capital Stock129.8K129.9K6.7K6.8K6.9K6.5K

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