Dynamatic Accounts Payable vs Other Current Liab Analysis

DYNAMATECH   8,688  35.65  0.41%   
Dynamatic Technologies financial indicator trend analysis is much more than just examining Dynamatic Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dynamatic Technologies is a good investment. Please check the relationship between Dynamatic Technologies Accounts Payable and its Other Current Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynamatic Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Accounts Payable vs Other Current Liab

Accounts Payable vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dynamatic Technologies Accounts Payable account and Other Current Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between Dynamatic Technologies' Accounts Payable and Other Current Liab is 0.21. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Dynamatic Technologies Limited, assuming nothing else is changed. The correlation between historical values of Dynamatic Technologies' Accounts Payable and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Dynamatic Technologies Limited are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Accounts Payable i.e., Dynamatic Technologies' Accounts Payable and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Dynamatic Technologies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Dynamatic Technologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Current Liab

Most indicators from Dynamatic Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dynamatic 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 Dynamatic Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Dynamatic Technologies' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 145.1 M in 2024, whereas Discontinued Operations is likely to drop (156.8 M) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.5B6.8B7.2B6.9B
Total Revenue12.4B13.2B14.3B13.6B

Dynamatic Technologies fundamental ratios Correlations

0.9-0.040.90.730.920.860.670.660.50.94-0.180.470.80.870.830.670.940.54-0.070.880.940.610.820.870.35
0.9-0.280.790.560.810.990.540.630.390.82-0.310.390.720.820.820.790.820.36-0.210.860.870.760.840.870.65
-0.04-0.280.15-0.360.01-0.3-0.480.210.050.180.48-0.06-0.32-0.31-0.220.17-0.180.020.490.17-0.25-0.72-0.31-0.31-0.58
0.90.790.150.450.890.720.380.840.590.92-0.150.560.620.670.820.670.820.40.060.940.780.330.740.720.33
0.730.56-0.360.450.60.540.970.070.290.53-0.140.310.780.770.570.080.750.65-0.230.320.840.690.580.70.16
0.920.810.010.890.60.780.550.730.410.96-0.190.370.650.790.670.640.890.360.050.860.770.470.730.770.21
0.860.99-0.30.720.540.780.540.590.230.78-0.340.240.720.80.770.80.780.31-0.290.820.830.780.790.850.65
0.670.54-0.480.380.970.550.540.030.140.45-0.250.180.820.720.530.040.720.58-0.370.250.80.750.510.640.21
0.660.630.210.840.070.730.590.030.420.79-0.260.340.40.540.60.760.670.00.180.880.460.150.680.580.22
0.50.390.050.590.290.410.230.140.420.450.10.970.240.370.550.230.470.440.360.480.480.120.540.390.18
0.940.820.180.920.530.960.780.450.790.45-0.110.390.630.770.680.750.870.410.10.930.770.40.730.760.2
-0.18-0.310.48-0.15-0.14-0.19-0.34-0.25-0.260.1-0.110.12-0.48-0.23-0.32-0.15-0.21-0.110.77-0.16-0.23-0.35-0.24-0.25-0.34
0.470.39-0.060.560.310.370.240.180.340.970.390.120.230.330.570.170.440.460.290.430.490.180.520.390.32
0.80.72-0.320.620.780.650.720.820.40.240.63-0.480.230.780.740.390.820.49-0.440.570.880.730.640.70.34
0.870.82-0.310.670.770.790.80.720.540.370.77-0.230.330.780.70.560.930.33-0.040.680.860.730.920.940.31
0.830.82-0.220.820.570.670.770.530.60.550.68-0.320.570.740.70.530.780.5-0.230.760.880.570.810.810.59
0.670.790.170.670.080.640.80.040.760.230.75-0.150.170.390.560.530.570.060.060.880.510.360.620.590.39
0.940.82-0.180.820.750.890.780.720.670.470.87-0.210.440.820.930.780.570.40.020.780.890.640.870.870.26
0.540.360.020.40.650.360.310.580.00.440.41-0.110.460.490.330.50.060.4-0.290.280.60.310.240.330.13
-0.07-0.210.490.06-0.230.05-0.29-0.370.180.360.10.770.29-0.44-0.04-0.230.060.02-0.290.06-0.23-0.40.02-0.12-0.47
0.880.860.170.940.320.860.820.250.880.480.93-0.160.430.570.680.760.880.780.280.060.730.370.750.730.39
0.940.87-0.250.780.840.770.830.80.460.480.77-0.230.490.880.860.880.510.890.6-0.230.730.730.810.880.46
0.610.76-0.720.330.690.470.780.750.150.120.4-0.350.180.730.730.570.360.640.31-0.40.370.730.630.680.63
0.820.84-0.310.740.580.730.790.510.680.540.73-0.240.520.640.920.810.620.870.240.020.750.810.630.960.49
0.870.87-0.310.720.70.770.850.640.580.390.76-0.250.390.70.940.810.590.870.33-0.120.730.880.680.960.49
0.350.65-0.580.330.160.210.650.210.220.180.2-0.340.320.340.310.590.390.260.13-0.470.390.460.630.490.49
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Dynamatic Technologies Account Relationship Matchups

Dynamatic Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.9B14.3B13.9B16.7B15.7B14.9B
Short Long Term Debt Total7.4B7.4B6.9B7.5B5.9B5.6B
Other Current Liab56.2M648.8M604.6M109.6M875.5M831.7M
Total Current Liabilities6.4B5.4B5.6B7.5B5.8B5.5B
Total Stockholder Equity3.7B3.7B3.8B5.4B6.7B6.3B
Property Plant And Equipment Net7.1B5.9B5.7B6.3B6.8B6.5B
Net Debt6.9B7.1B6.7B6.2B5.3B5.1B
Retained Earnings2.1B1.9B2.0B2.7B3.8B3.6B
Accounts Payable2.7B2.0B2.2B2.3B1.9B1.8B
Cash559.8M380.1M172.2M1.4B508.3M482.9M
Non Current Assets Total8.5B7.4B7.3B7.8B8.2B7.8B
Non Currrent Assets Other(8.1B)17.5M90.7M64.8M20.3M19.3M
Cash And Short Term Investments559.8M380.1M172.2M1.8B508.3M482.9M
Net Receivables2.5B2.0B2.2B2.6B3.0B2.9B
Short Term Investments269.6M225.8M302.6M385.7M226.6M215.3M
Liabilities And Stockholders Equity14.9B14.3B13.9B16.7B15.7B14.9B
Non Current Liabilities Total4.8B5.2B4.4B3.7B3.3B3.1B
Inventory2.6B2.2B2.6B3.0B3.1B2.9B
Other Current Assets3.2B393.1M1.4B4.5B4.0B2.4B
Other Stockholder Equity(2.0B)(2.4B)1.2B2.3B2.1B2.0B
Total Liab11.2B10.6B10.1B11.3B9.0B8.6B
Total Current Assets6.4B6.9B6.6B8.9B7.5B7.2B
Accumulated Other Comprehensive Income(2.8B)550M539.1M607.8M454.6M477.3M
Intangible Assets233.9M232.2M248.8M244.9M243.4M231.2M
Good Will971.9M1.0B1.0B1.0B939.7M866.4M
Current Deferred Revenue596.9M688.8M577M825.3M146.1M138.8M
Short Term Debt3.0B2.6B2.8B4.2B2.9B2.6B
Other Liab346.5M362.8M384.6M423.5M381.2M335.1M
Net Tangible Assets2.7B2.7B2.8B4.3B5.0B2.5B
Other Assets428.5M489.6M479.3M556.2M639.6M483.9M
Long Term Debt3.5B3.6B3.0B2.3B1.9B2.7B
Deferred Long Term Liab215M221.9M204.7M199.3M229.2M231.5M
Short Long Term Debt2.5B1.5B2.4B3.9B2.6B2.1B
Property Plant Equipment7.1B5.9B5.7B6.3B7.3B6.8B
Long Term Debt Total4.5B4.8B4.0B3.3B3.0B3.3B
Capital Lease Obligations1.4B1.7B1.4B1.4B1.3B992.5M
Non Current Liabilities Other3.7M9.9M9.7M31.3M9.6M12.3M

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