DigiAsia Common Stock Shares Outstanding vs Cash Analysis
FAASW Stock | 0.11 0.02 23.87% |
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 Common Stock Shares Outstanding and its Cash 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 state. For more information on how to buy DigiAsia Stock please use our How to Invest in DigiAsia Corp guide.
Common Stock Shares Outstanding vs Cash
Common Stock Shares Outstanding vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DigiAsia Corp Common Stock Shares Outstanding account and Cash. At this time, the significance of the direction appears to have almost identical trend.
The correlation between DigiAsia Corp's Common Stock Shares Outstanding and Cash is 0.96. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash 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 Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of DigiAsia Corp 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 Common Stock Shares Outstanding i.e., DigiAsia Corp's Common Stock Shares Outstanding and Cash go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Cash
Cash refers to the most liquid asset of DigiAsia Corp, which is listed under current asset account on DigiAsia Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from DigiAsia Corp customers. The amounts must be unrestricted with restricted cash listed in a different DigiAsia Corp 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 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 state. 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 drop to about 2 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 2.0M | 2.0M | 167.9K | 159.5K | Interest Income | 27.5K | 44.5K | 2.0M | 2.1M |
DigiAsia Corp fundamental ratios Correlations
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DigiAsia Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.