Duos Depreciation And Amortization vs Net Income From Continuing Ops Analysis

DUOT Stock  USD 4.58  0.31  6.34%   
Duos Technologies financial indicator trend analysis is much more than just examining Duos Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Duos Technologies is a good investment. Please check the relationship between Duos Technologies Depreciation And Amortization 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 Duos Technologies Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Depreciation And Amortization vs Net Income From Continuing Ops

Depreciation And Amortization 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 Duos Technologies Depreciation And Amortization account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have pay attention.
The correlation between Duos Technologies' Depreciation And Amortization and Net Income From Continuing Ops is -0.9. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Duos Technologies Group, assuming nothing else is changed. The correlation between historical values of Duos Technologies' Depreciation And Amortization 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 Depreciation And Amortization of Duos Technologies Group 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 Depreciation And Amortization i.e., Duos Technologies' Depreciation And Amortization and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.9
Relationship DirectionNegative 
Relationship StrengthSignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Net Income From Continuing Ops

Most indicators from Duos Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Duos Technologies 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 Duos Technologies Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Duos Technologies' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 1.28 in 2024, whereas Enterprise Value Multiple is likely to drop (2.38) in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses4.9M11.6M12.8M13.4M
Cost Of Revenue10.8M10.3M6.2M3.6M

Duos Technologies fundamental ratios Correlations

0.91-0.390.430.820.930.670.6-0.960.480.640.930.640.66-0.560.950.40.970.920.930.920.59-0.520.590.820.89
0.91-0.310.390.640.960.540.82-0.860.350.440.960.440.49-0.390.90.410.870.850.950.720.66-0.350.640.960.83
-0.39-0.310.46-0.7-0.47-0.08-0.30.220.16-0.06-0.5-0.06-0.030.37-0.440.42-0.32-0.19-0.53-0.21-0.340.35-0.52-0.34-0.65
0.430.390.46-0.090.260.680.29-0.590.790.220.250.220.73-0.030.340.90.50.630.230.560.4-0.02-0.010.280.08
0.820.64-0.7-0.090.750.360.29-0.690.140.650.770.650.39-0.670.82-0.070.770.620.780.760.38-0.630.510.570.9
0.930.96-0.470.260.750.550.79-0.830.310.421.00.420.48-0.480.90.250.860.860.990.710.54-0.440.750.940.87
0.670.54-0.080.680.360.550.27-0.760.470.490.550.490.62-0.30.590.460.720.740.550.70.32-0.280.450.450.41
0.60.82-0.30.290.290.790.27-0.490.36-0.150.78-0.150.38-0.150.590.370.50.630.760.310.58-0.120.580.850.58
-0.96-0.860.22-0.59-0.69-0.83-0.76-0.49-0.51-0.71-0.85-0.71-0.660.47-0.9-0.51-0.99-0.91-0.85-0.93-0.620.44-0.51-0.75-0.78
0.480.350.160.790.140.310.470.36-0.510.040.290.040.93-0.260.330.830.450.640.260.60.31-0.25-0.060.210.22
0.640.44-0.060.220.650.420.49-0.15-0.710.040.441.00.24-0.440.620.120.720.490.460.750.23-0.430.190.320.51
0.930.96-0.50.250.771.00.550.78-0.850.290.440.440.46-0.470.910.230.870.851.00.720.58-0.430.760.940.9
0.640.44-0.060.220.650.420.49-0.15-0.710.041.00.440.24-0.440.620.120.720.490.460.750.23-0.430.190.320.51
0.660.49-0.030.730.390.480.620.38-0.660.930.240.460.24-0.440.520.740.620.750.430.770.36-0.430.080.330.42
-0.56-0.390.37-0.03-0.67-0.48-0.3-0.150.47-0.26-0.44-0.47-0.44-0.44-0.53-0.14-0.5-0.46-0.47-0.57-0.11.0-0.16-0.27-0.49
0.950.9-0.440.340.820.90.590.59-0.90.330.620.910.620.52-0.530.320.940.860.920.850.7-0.490.60.850.93
0.40.410.420.9-0.070.250.460.37-0.510.830.120.230.120.74-0.140.320.430.580.210.530.48-0.14-0.230.250.07
0.970.87-0.320.50.770.860.720.5-0.990.450.720.870.720.62-0.50.940.430.890.880.930.65-0.460.550.760.85
0.920.85-0.190.630.620.860.740.63-0.910.640.490.850.490.75-0.460.860.580.890.840.850.55-0.430.50.790.71
0.930.95-0.530.230.780.990.550.76-0.850.260.461.00.460.43-0.470.920.210.880.840.720.61-0.430.760.930.91
0.920.72-0.210.560.760.710.70.31-0.930.60.750.720.750.77-0.570.850.530.930.850.720.52-0.540.320.560.75
0.590.66-0.340.40.380.540.320.58-0.620.310.230.580.230.36-0.10.70.480.650.550.610.52-0.060.240.610.61
-0.52-0.350.35-0.02-0.63-0.44-0.28-0.120.44-0.25-0.43-0.43-0.43-0.431.0-0.49-0.14-0.46-0.43-0.43-0.54-0.06-0.12-0.23-0.44
0.590.64-0.52-0.010.510.750.450.58-0.51-0.060.190.760.190.08-0.160.6-0.230.550.50.760.320.24-0.120.730.69
0.820.96-0.340.280.570.940.450.85-0.750.210.320.940.320.33-0.270.850.250.760.790.930.560.61-0.230.730.79
0.890.83-0.650.080.90.870.410.58-0.780.220.510.90.510.42-0.490.930.070.850.710.910.750.61-0.440.690.79
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Duos Technologies Account Relationship Matchups

Duos Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.5M6.4M9.5M13.1M12.8M13.5M
Short Long Term Debt Total1.6M1.8M5.2M5.3M5.0M5.3M
Other Current Liab521.2K2.3M730.3K562.7K(1.4M)(1.3M)
Total Current Liabilities5.4M3.6M3.9M4.5M3.2M2.7M
Total Stockholder Equity(127.3K)1.9M781.5K4.1M5.4M5.6M
Property Plant And Equipment Net690.3K538.3K5.5M5.3M5.1M5.4M
Current Deferred Revenue945.1K1.0M1.8M958.0K1.7M1.7M
Net Debt1.5M(2.1M)4.3M4.2M2.6M2.7M
Retained Earnings(32.7M)(39.5M)(45.5M)(52.4M)(63.6M)(60.4M)
Accounts Payable2.6M607.0K1.0M2.3M595.6K800.1K
Cash56.2K4.0M893.7K1.1M2.4M2.6M
Non Current Assets Total771.9K602.7K6.2M6.3M6.6M6.9M
Cash And Short Term Investments56.2K4.0M893.7K1.1M2.4M2.6M
Net Receivables4.0M1.3M1.7M3.8M2.1M1.2M
Common Stock Total Equity20.7K21.1K2.0K3.5K3.2K3.0K
Common Stock Shares Outstanding1.8M3.3M3.7M6.2M7.2M7.6M
Liabilities And Stockholders Equity5.5M6.4M9.5M13.1M12.8M13.5M
Other Current Assets716.6K374.2K354.6K441.3K184.5K280.5K
Other Stockholder Equity30.9M39.7M42.9M56.4M69.0M72.4M
Total Liab5.7M4.5M8.7M9.0M7.5M7.8M
Property Plant And Equipment Gross690.3K538.3K5.5M5.3M6.5M6.8M
Total Current Assets4.8M5.8M3.3M6.8M6.3M6.6M
Short Term Debt1.3M448.5K448.1K817.1K1.6M1.7M
Common Stock2.0K3.5K4.1K7.2K7.3K6.9K
Non Currrent Assets Other298.1K(771.9K)(602.7K)600K703.8K738.9K
Non Current Liabilities Total291.8K886.0K4.8M4.5M4.2M4.4M
Intangible Assets81.6K64.4K66.5K334.9K782.0K821.1K
Net Tangible Assets(3.1M)(1.9M)114.4K(2.6M)(3.0M)(3.2M)
Capital Surpluse26.6M27.4M31.1M41.5M47.8M27.6M
Short Long Term Debt975.3K670.4K132.8K97.4K42.0K39.9K
Property Plant Equipment204.2K690.3K538.3K5.5M6.4M6.7M
Net Invested Capital(857.0K)1.6M(2.4M)4.1M5.4M5.7M
Net Working Capital(607.4K)2.2M(651.4K)2.3M3.0M3.2M
Capital Stock1.7M1.7M3.4M7.2K7.3K7.0K

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