DigiAsia Total Assets vs Inventory Analysis

FAAS Stock   0.53  0.01  1.85%   
DigiAsia Corp financial indicator trend analysis is much more than just examining DigiAsia Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DigiAsia Corp is a good investment. Please check the relationship between DigiAsia Corp Total Assets and its Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DigiAsia 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 nation.
For more information on how to buy DigiAsia Stock please use our How to Invest in DigiAsia Corp guide.

Total Assets vs Inventory

Total Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DigiAsia Corp Total Assets account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between DigiAsia Corp's Total Assets and Inventory is 0.62. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of DigiAsia Corp, assuming nothing else is changed. The correlation between historical values of DigiAsia Corp's Total Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of DigiAsia Corp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Assets i.e., DigiAsia Corp's Total Assets and Inventory go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of DigiAsia Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in DigiAsia Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Inventory

Most indicators from DigiAsia Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DigiAsia 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 DigiAsia 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 nation.
For more information on how to buy DigiAsia Stock please use our How to Invest in DigiAsia Corp guide.Selling General Administrative is likely to gain to about 3.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2010 2022 2023 2024 (projected)
Depreciation And Amortization2.0M2.0M167.9K159.5K
Interest Income27.5K44.5K2.0M2.1M

DigiAsia Corp fundamental ratios Correlations

0.92-0.94-0.74-0.47-0.82-0.670.910.2-0.56-0.570.83-0.670.74-0.57-0.81-0.420.68-0.880.620.620.730.780.180.62-0.83
0.92-0.99-0.8-0.41-0.93-0.51.00.13-0.52-0.520.91-0.50.9-0.52-0.93-0.480.81-0.930.720.720.890.820.210.75-0.87
-0.94-0.990.870.550.960.64-0.99-0.290.650.65-0.950.64-0.920.650.960.6-0.870.97-0.8-0.8-0.92-0.9-0.06-0.810.93
-0.74-0.80.870.850.960.82-0.84-0.690.910.91-0.980.82-0.930.910.950.91-0.990.96-0.99-0.99-0.95-1.00.42-0.980.99
-0.47-0.410.550.850.670.94-0.45-0.960.990.99-0.730.94-0.610.990.640.95-0.790.72-0.86-0.87-0.65-0.850.79-0.820.8
-0.82-0.930.960.960.670.67-0.95-0.450.760.76-1.00.67-0.990.761.00.77-0.970.99-0.93-0.93-0.99-0.960.15-0.940.97
-0.67-0.50.640.820.940.67-0.53-0.850.940.94-0.731.0-0.560.940.630.81-0.720.76-0.77-0.77-0.59-0.840.59-0.720.82
0.911.0-0.99-0.84-0.45-0.95-0.530.19-0.57-0.570.93-0.530.93-0.57-0.96-0.540.85-0.950.770.770.920.850.150.79-0.89
0.20.13-0.29-0.69-0.96-0.45-0.850.19-0.92-0.910.52-0.850.4-0.91-0.42-0.890.62-0.490.730.730.440.67-0.930.68-0.61
-0.56-0.520.650.910.990.760.94-0.57-0.921.0-0.810.94-0.71.00.730.96-0.860.8-0.91-0.91-0.73-0.910.71-0.880.87
-0.57-0.520.650.910.990.760.94-0.57-0.911.0-0.810.94-0.711.00.730.96-0.860.8-0.91-0.92-0.74-0.910.7-0.880.88
0.830.91-0.95-0.98-0.73-1.0-0.730.930.52-0.81-0.81-0.730.97-0.81-0.99-0.80.97-0.990.940.940.980.98-0.220.95-0.99
-0.67-0.50.640.820.940.671.0-0.53-0.850.940.94-0.73-0.560.940.630.81-0.720.76-0.77-0.77-0.59-0.840.59-0.720.82
0.740.9-0.92-0.93-0.61-0.99-0.560.930.4-0.7-0.710.97-0.56-0.71-0.99-0.750.97-0.950.920.921.00.92-0.140.94-0.93
-0.57-0.520.650.910.990.760.94-0.57-0.911.01.0-0.810.94-0.710.730.96-0.860.8-0.91-0.92-0.74-0.910.7-0.880.88
-0.81-0.930.960.950.641.00.63-0.96-0.420.730.73-0.990.63-0.990.730.75-0.960.98-0.92-0.92-0.99-0.940.12-0.930.96
-0.42-0.480.60.910.950.770.81-0.54-0.890.960.96-0.80.81-0.750.960.75-0.90.77-0.95-0.95-0.79-0.890.75-0.930.84
0.680.81-0.87-0.99-0.79-0.97-0.720.850.62-0.86-0.860.97-0.720.97-0.86-0.96-0.9-0.950.990.990.980.97-0.381.0-0.96
-0.88-0.930.970.960.720.990.76-0.95-0.490.80.8-0.990.76-0.950.80.980.77-0.95-0.91-0.91-0.95-0.970.17-0.920.99
0.620.72-0.8-0.99-0.86-0.93-0.770.770.73-0.91-0.910.94-0.770.92-0.91-0.92-0.950.99-0.911.00.940.97-0.511.0-0.95
0.620.72-0.8-0.99-0.87-0.93-0.770.770.73-0.91-0.920.94-0.770.92-0.92-0.92-0.950.99-0.911.00.940.97-0.511.0-0.95
0.730.89-0.92-0.95-0.65-0.99-0.590.920.44-0.73-0.740.98-0.591.0-0.74-0.99-0.790.98-0.950.940.940.93-0.190.96-0.94
0.780.82-0.9-1.0-0.85-0.96-0.840.850.67-0.91-0.910.98-0.840.92-0.91-0.94-0.890.97-0.970.970.970.93-0.390.96-1.0
0.180.21-0.060.420.790.150.590.15-0.930.710.7-0.220.59-0.140.70.120.75-0.380.17-0.51-0.51-0.19-0.39-0.460.3
0.620.75-0.81-0.98-0.82-0.94-0.720.790.68-0.88-0.880.95-0.720.94-0.88-0.93-0.931.0-0.921.01.00.960.96-0.46-0.94
-0.83-0.870.930.990.80.970.82-0.89-0.610.870.88-0.990.82-0.930.880.960.84-0.960.99-0.95-0.95-0.94-1.00.3-0.94
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DigiAsia Corp Account Relationship Matchups

Thematic Opportunities

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Additional Tools for DigiAsia Stock Analysis

When running DigiAsia Corp's price analysis, check to measure DigiAsia Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DigiAsia Corp is operating at the current time. Most of DigiAsia Corp's value examination focuses on studying past and present price action to predict the probability of DigiAsia Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DigiAsia Corp's price. Additionally, you may evaluate how the addition of DigiAsia Corp to your portfolios can decrease your overall portfolio volatility.