Digital Property Plant And Equipment Net vs Total Assets Analysis

000555 Stock

11.74 0.41 3.37%

Digital China financial indicator trend analysis is much more than just examining Digital China Information latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digital China Information is a good investment. Please check the relationship between Digital China Property Plant And Equipment Net and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Digital China Information. 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.

Property Plant And Equipment Net vs Total Assets

Property Plant And Equipment Net vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digital China Information Property Plant And Equipment Net account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Digital China's Property Plant And Equipment Net and Total Assets is 0.88. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Assets in the same time period over historical financial statements of Digital China Information, assuming nothing else is changed. The correlation between historical values of Digital China's Property Plant And Equipment Net and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Digital China Information are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Net i.e., Digital China's Property Plant And Equipment Net and Total Assets go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

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Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Assets

Total assets refers to the total amount of Digital China 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 Digital China Information 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.

Most indicators from Digital China's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digital China Information 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Digital China Information. 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.

The current year's Tax Provision is expected to grow to about 30.8 M, whereas Selling General Administrative is forecasted to decline to about 545.8 M.

	2021	2022	2023	2024 (projected)
Income Before Tax	411.2M	187.0M	231.8M	223.5M
Total Revenue	11.4B	12.0B	12.1B	12.7B

Income Before Tax Total Revenue

Digital China fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Inventory	Other Stockholder Equity	Intangible Assets	Common Stock	Retained Earnings	Short Term Investments	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Other Assets
Total Assets		0.53	0.99	0.99	0.94	0.78	0.33	0.23	0.99	0.99	0.88	-0.69	0.96	0.89	0.95	0.95	0.83	0.96	0.93	0.97	0.96	0.53	0.29	0.84	0.01	0.26
Other Current Liab	0.53		0.55	0.51	0.71	0.46	0.32	0.71	0.55	0.46	0.69	0.16	0.32	0.44	0.45	0.32	0.45	0.67	0.43	0.53	0.33	0.35	0.76	0.03	0.64	0.36
Total Current Liabilities	0.99	0.55		0.97	0.93	0.78	0.3	0.23	1.0	0.99	0.87	-0.67	0.96	0.91	0.96	0.95	0.81	0.95	0.89	0.96	0.93	0.52	0.34	0.82	0.07	0.27
Total Stockholder Equity	0.99	0.51	0.97		0.95	0.76	0.34	0.22	0.98	0.98	0.89	-0.71	0.95	0.86	0.93	0.95	0.84	0.96	0.95	0.97	0.97	0.54	0.23	0.85	-0.05	0.24
Non Current Assets Total	0.94	0.71	0.93	0.95		0.71	0.34	0.43	0.93	0.9	0.97	-0.48	0.83	0.81	0.85	0.83	0.77	0.99	0.91	0.94	0.85	0.52	0.43	0.67	0.19	0.32
Non Currrent Assets Other	0.78	0.46	0.78	0.76	0.71		0.29	-0.18	0.78	0.78	0.65	-0.6	0.76	0.69	0.86	0.72	0.74	0.73	0.62	0.7	0.73	0.84	0.17	0.69	-0.08	0.4
Non Current Liabilities Total	0.33	0.32	0.3	0.34	0.34	0.29		0.21	0.32	0.33	0.22	-0.23	0.27	0.39	0.36	0.31	0.17	0.43	0.22	0.23	0.28	0.14	0.23	0.18	0.05	0.04
Other Current Assets	0.23	0.71	0.23	0.22	0.43	-0.18	0.21		0.23	0.16	0.47	0.4	0.03	0.17	0.03	0.08	0.05	0.4	0.26	0.26	0.06	-0.31	0.68	-0.2	0.65	0.06
Total Liab	0.99	0.55	1.0	0.98	0.93	0.78	0.32	0.23		0.99	0.87	-0.67	0.96	0.91	0.96	0.95	0.81	0.95	0.89	0.96	0.93	0.52	0.35	0.82	0.07	0.27
Total Current Assets	0.99	0.46	0.99	0.98	0.9	0.78	0.33	0.16	0.99		0.83	-0.75	0.98	0.9	0.96	0.97	0.83	0.93	0.91	0.95	0.97	0.52	0.23	0.87	-0.05	0.23
Property Plant And Equipment Net	0.88	0.69	0.87	0.89	0.97	0.65	0.22	0.47	0.87	0.83		-0.41	0.76	0.72	0.75	0.76	0.72	0.94	0.9	0.87	0.79	0.47	0.41	0.62	0.19	0.32
Net Debt	-0.69	0.16	-0.67	-0.71	-0.48	-0.6	-0.23	0.4	-0.67	-0.75	-0.41		-0.8	-0.66	-0.74	-0.81	-0.62	-0.54	-0.68	-0.65	-0.83	-0.4	0.36	-0.95	0.6	-0.12
Accounts Payable	0.96	0.32	0.96	0.95	0.83	0.76	0.27	0.03	0.96	0.98	0.76	-0.8		0.85	0.93	0.98	0.82	0.86	0.89	0.9	0.98	0.52	0.1	0.91	-0.18	0.12
Cash	0.89	0.44	0.91	0.86	0.81	0.69	0.39	0.17	0.91	0.9	0.72	-0.66	0.85		0.94	0.9	0.57	0.86	0.72	0.89	0.81	0.34	0.46	0.76	0.16	0.29
Cash And Short Term Investments	0.95	0.45	0.96	0.93	0.85	0.86	0.36	0.03	0.96	0.96	0.75	-0.74	0.93	0.94		0.93	0.76	0.9	0.79	0.91	0.9	0.59	0.3	0.84	0.0	0.33
Net Receivables	0.95	0.32	0.95	0.95	0.83	0.72	0.31	0.08	0.95	0.97	0.76	-0.81	0.98	0.9	0.93		0.72	0.86	0.88	0.92	0.96	0.41	0.16	0.9	-0.14	0.11
Inventory	0.83	0.45	0.81	0.84	0.77	0.74	0.17	0.05	0.81	0.83	0.72	-0.62	0.82	0.57	0.76	0.72		0.76	0.83	0.78	0.84	0.75	-0.01	0.72	-0.14	0.34
Other Stockholder Equity	0.96	0.67	0.95	0.96	0.99	0.73	0.43	0.4	0.95	0.93	0.94	-0.54	0.86	0.86	0.9	0.86	0.76		0.9	0.94	0.87	0.5	0.43	0.72	0.16	0.34
Intangible Assets	0.93	0.43	0.89	0.95	0.91	0.62	0.22	0.26	0.89	0.91	0.9	-0.68	0.89	0.72	0.79	0.88	0.83	0.9		0.91	0.94	0.47	0.08	0.83	-0.14	0.21
Common Stock	0.97	0.53	0.96	0.97	0.94	0.7	0.23	0.26	0.96	0.95	0.87	-0.65	0.9	0.89	0.91	0.92	0.78	0.94	0.91		0.92	0.49	0.34	0.78	0.09	0.22
Retained Earnings	0.96	0.33	0.93	0.97	0.85	0.73	0.28	0.06	0.93	0.97	0.79	-0.83	0.98	0.81	0.9	0.96	0.84	0.87	0.94	0.92		0.52	0.02	0.93	-0.25	0.16
Short Term Investments	0.53	0.35	0.52	0.54	0.52	0.84	0.14	-0.31	0.52	0.52	0.47	-0.4	0.52	0.34	0.59	0.41	0.75	0.5	0.47	0.49	0.52		-0.03	0.44	-0.09	0.4
Short Long Term Debt Total	0.29	0.76	0.34	0.23	0.43	0.17	0.23	0.68	0.35	0.23	0.41	0.36	0.1	0.46	0.3	0.16	-0.01	0.43	0.08	0.34	0.02	-0.03		-0.19	0.91	0.24
Current Deferred Revenue	0.84	0.03	0.82	0.85	0.67	0.69	0.18	-0.2	0.82	0.87	0.62	-0.95	0.91	0.76	0.84	0.9	0.72	0.72	0.83	0.78	0.93	0.44	-0.19		-0.47	0.21
Short Term Debt	0.01	0.64	0.07	-0.05	0.19	-0.08	0.05	0.65	0.07	-0.05	0.19	0.6	-0.18	0.16	0.0	-0.14	-0.14	0.16	-0.14	0.09	-0.25	-0.09	0.91	-0.47		0.2
Other Assets	0.26	0.36	0.27	0.24	0.32	0.4	0.04	0.06	0.27	0.23	0.32	-0.12	0.12	0.29	0.33	0.11	0.34	0.34	0.21	0.22	0.16	0.4	0.24	0.21	0.2

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Digital China Account Relationship Matchups

Digital China fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.8B	12.1B	12.4B	12.4B	12.8B	13.5B
Other Current Liab	845.0M	905.6M	870.9M	959.4M	66.2M	62.9M
Total Current Liabilities	5.4B	6.3B	6.3B	6.2B	6.4B	6.7B
Total Stockholder Equity	5.2B	5.6B	5.9B	6.0B	6.2B	6.5B
Non Current Assets Total	3.0B	2.7B	2.8B	2.7B	2.6B	2.8B
Non Currrent Assets Other	827.2M	883.1M	873.1M	775.9M	429.9M	451.4M
Liabilities And Stockholders Equity	10.8B	12.1B	12.4B	12.4B	12.8B	13.5B
Non Current Liabilities Total	81.7M	56.8M	108.4M	150.7M	103.8M	53.5M
Other Current Assets	45.5M	4.8M	77.8M	32.6M	28.5M	27.1M
Total Liab	5.4B	6.4B	6.4B	6.3B	6.5B	6.8B
Total Current Assets	7.8B	9.3B	9.6B	9.7B	10.2B	10.7B
Property Plant And Equipment Net	490.7M	453.1M	506.3M	461.5M	463.2M	486.3M
Net Debt	(451.4M)	(1.2B)	(1.3B)	(1.3B)	(1.9B)	(1.8B)
Accounts Payable	2.7B	2.9B	3.5B	3.5B	3.8B	4.0B
Cash	1.4B	1.9B	1.5B	1.7B	2.1B	2.2B
Cash And Short Term Investments	2.2B	2.7B	2.3B	2.3B	2.4B	2.5B
Net Receivables	3.6B	3.8B	4.3B	5.1B	5.8B	6.1B
Inventory	1.9B	2.8B	3.0B	2.4B	2.0B	2.1B
Other Stockholder Equity	2.3B	2.3B	2.2B	2.2B	2.2B	2.3B
Intangible Assets	149.2M	170.0M	193.8M	206.2M	232.3M	243.9M
Common Stock	970.4M	975.8M	979.7M	983.7M	1.1B	1.2B
Retained Earnings	1.9B	2.2B	2.6B	2.7B	2.9B	3.1B
Short Term Investments	796.6M	750.0M	733.9M	632.5M	259.9M	314.9M
Short Long Term Debt Total	997.5M	722.3M	256.2M	323.8M	183.5M	174.3M
Current Deferred Revenue	778.3M	1.8B	1.7B	1.5B	2.4B	2.5B
Short Term Debt	997.5M	722.3M	193.5M	215.3M	99.6M	94.7M
Other Liab	47.7M	75.5M	56.8M	45.7M	52.6M	37.7M
Property Plant Equipment	490.7M	453.1M	506.3M	461.5M	530.7M	557.2M
Long Term Debt	49.5M	6.2M	0.0	66.6M	55.6M	55.5M
Net Tangible Assets	3.2B	3.5B	3.9B	4.3B	4.9B	3.8B
Deferred Long Term Liab	41.3M	58.6M	47.6M	59.3M	53.4M	45.1M
Short Long Term Debt	952.5M	722.3M	164.4M	176.8M	56.2M	53.4M
Common Stock Shares Outstanding	970.4M	975.8M	979.7M	983.7M	1.1B	1.1B
Net Invested Capital	6.2B	6.3B	6.1B	6.3B	6.3B	5.1B
Net Working Capital	2.4B	3.0B	3.3B	3.6B	3.8B	3.2B
Capital Stock	970.4M	975.8M	979.7M	983.7M	1.1B	1.1B

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Balance Sheet is a snapshot of the financial position of Digital China Information at a specified time, usually calculated after every quarter, six months, or one year. Digital China Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Digital China and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Digital currently owns. An asset can also be divided into two categories, current and non-current.

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Digital Property Plant And Equipment Net vs Total Assets Analysis

Property Plant And Equipment Net vs Total Assets

Property Plant And Equipment Net vs Total Assets Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Net

Total Assets

Digital China fundamental ratios Correlations

Digital China Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Digital China fundamental ratios Accounts

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Total Liab	+ 1.0	Total Current Liabilities
Total Current Liabilities	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Current Liabilities

Current Deferred Revenue	- 0.95	Net Debt
Retained Earnings	- 0.83	Net Debt
Net Receivables	- 0.81	Net Debt
Accounts Payable	- 0.8	Net Debt
Net Debt	- 0.75	Total Current Assets
Cash And Short Term Investments	- 0.74	Net Debt