DigiAsia Long Term Investments vs Capital Lease Obligations 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 Long Term Investments and its Capital Lease Obligations 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.
Long Term Investments vs Capital Lease Obligations
Long Term Investments vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DigiAsia Corp Long Term Investments account and Capital Lease Obligations. At this time, the significance of the direction appears to have pay attention.
The correlation between DigiAsia Corp's Long Term Investments and Capital Lease Obligations is -0.92. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Capital Lease Obligations 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 Long Term Investments and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of DigiAsia Corp are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Long Term Investments i.e., DigiAsia Corp's Long Term Investments and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.92 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Long Term Investments
Long Term Investments is an item on the asset side of DigiAsia Corp balance sheet that represents investments DigiAsia Corp intends to hold for over a year. DigiAsia Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.Capital Lease Obligations
DigiAsia Corp capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to DigiAsia Corp asset purchases. For example, DigiAsia Corp can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as DigiAsia Corp control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.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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