| DXC Stock | | | 2.96 0.06 2.07% |
Dexus Convenience financial indicator trend analysis is much more than just examining Dexus Convenience Retail latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dexus Convenience Retail is a good investment. Please check the relationship between Dexus Convenience Net Debt and its Cash accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dexus Convenience Retail. 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 Debt vs Cash
Net Debt vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dexus Convenience Retail Net Debt account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dexus Convenience's Net Debt and Cash is 0.69. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Dexus Convenience Retail, assuming nothing else is changed. The correlation between historical values of Dexus Convenience's Net Debt and Cash 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 Debt of Dexus Convenience Retail are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., Dexus Convenience's Net Debt and Cash go up and down completely randomly.
Correlation Coefficient | 0.69 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Cash
Cash refers to the most liquid asset of Dexus Convenience Retail, which is listed under current asset account on Dexus Convenience Retail balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Dexus Convenience customers. The amounts must be unrestricted with restricted cash listed in a different Dexus Convenience account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Dexus Convenience's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dexus Convenience Retail 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 Dexus Convenience Retail. 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 53.7
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.2
M in 2024.
Dexus Convenience fundamental ratios Correlations
Click cells to compare fundamentals
Dexus Convenience Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dexus Convenience fundamental ratios Accounts
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Additional Tools for Dexus Stock Analysis
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