Datagroup Cash And Short Term Investments vs Total Liab Analysis

0W19 Stock   45.45  0.40  0.89%   
Datagroup financial indicator trend analysis is much more than just examining Datagroup SE latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Datagroup SE is a good investment. Please check the relationship between Datagroup Cash And Short Term Investments and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Datagroup SE. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash And Short Term Investments vs Total Liab

Cash And Short Term Investments vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datagroup SE Cash And Short Term Investments account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Datagroup's Cash And Short Term Investments and Total Liab is 0.61. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Liab in the same time period over historical financial statements of Datagroup SE, assuming nothing else is changed. The correlation between historical values of Datagroup's Cash And Short Term Investments and Total 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 Cash And Short Term Investments of Datagroup SE are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Cash And Short Term Investments i.e., Datagroup's Cash And Short Term Investments and Total Liab go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Datagroup SE balance sheet. This account contains Datagroup investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Datagroup SE fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Datagroup's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Datagroup SE 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 Datagroup SE. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 8.3 M in 2024. Tax Provision is likely to drop to about 6.7 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense4.7M5.9M6.8M7.1M
Depreciation And Amortization35.0M34.9M40.1M42.2M

Datagroup fundamental ratios Correlations

0.970.940.980.960.970.90.940.960.550.990.490.240.540.990.77-0.290.810.440.910.510.990.840.780.830.82
0.970.860.930.90.990.940.930.940.520.960.380.120.520.970.75-0.340.820.530.870.370.970.820.750.880.83
0.940.860.960.890.870.770.870.930.570.920.550.540.560.920.69-0.170.750.470.840.570.930.820.70.620.7
0.980.930.960.970.920.90.950.980.430.990.530.350.420.970.73-0.180.710.380.930.460.960.770.730.760.86
0.960.90.890.970.890.890.960.910.370.970.630.190.360.950.73-0.050.630.330.970.50.910.720.750.810.9
0.970.990.870.920.890.90.890.940.580.940.340.130.590.970.73-0.390.850.550.840.450.980.850.730.860.81
0.90.940.770.90.890.90.950.90.210.930.40.060.210.90.64-0.190.640.390.870.120.880.620.630.870.91
0.940.930.870.950.960.890.950.910.280.970.550.180.280.930.65-0.10.630.350.940.290.90.670.670.860.91
0.960.940.930.980.910.940.90.910.450.960.380.350.450.950.71-0.280.740.440.860.410.950.770.710.740.83
0.550.520.570.430.370.580.210.280.450.430.110.21.00.540.57-0.510.790.560.30.760.610.810.570.350.1
0.990.960.920.990.970.940.930.970.960.430.50.240.420.980.74-0.240.750.360.930.430.970.770.740.840.87
0.490.380.550.530.630.340.40.550.380.110.50.30.110.470.360.590.140.220.70.40.410.310.380.240.51
0.240.120.540.350.190.130.060.180.350.20.240.30.190.20.110.120.170.190.190.250.250.250.08-0.27-0.01
0.540.520.560.420.360.590.210.280.451.00.420.110.190.540.57-0.490.790.60.290.750.610.810.570.350.09
0.990.970.920.970.950.970.90.930.950.540.980.470.20.540.78-0.270.80.50.890.520.980.840.780.840.82
0.770.750.690.730.730.730.640.650.710.570.740.360.110.570.78-0.20.760.410.680.620.770.810.980.660.55
-0.29-0.34-0.17-0.18-0.05-0.39-0.19-0.1-0.28-0.51-0.240.590.12-0.49-0.27-0.2-0.61-0.030.02-0.1-0.38-0.42-0.16-0.380.0
0.810.820.750.710.630.850.640.630.740.790.750.140.170.790.80.76-0.610.560.560.540.860.960.720.690.43
0.440.530.470.380.330.550.390.350.440.560.360.220.190.60.50.41-0.030.560.250.310.480.610.380.280.2
0.910.870.840.930.970.840.870.940.860.30.930.70.190.290.890.680.020.560.250.410.860.640.690.760.93
0.510.370.570.460.50.450.120.290.410.760.430.40.250.750.520.62-0.10.540.310.410.510.710.640.230.21
0.990.970.930.960.910.980.880.90.950.610.970.410.250.610.980.77-0.380.860.480.860.510.870.770.820.77
0.840.820.820.770.720.850.620.670.770.810.770.310.250.810.840.81-0.420.960.610.640.710.870.780.640.49
0.780.750.70.730.750.730.630.670.710.570.740.380.080.570.780.98-0.160.720.380.690.640.770.780.670.59
0.830.880.620.760.810.860.870.860.740.350.840.24-0.270.350.840.66-0.380.690.280.760.230.820.640.670.79
0.820.830.70.860.90.810.910.910.830.10.870.51-0.010.090.820.550.00.430.20.930.210.770.490.590.79
Click cells to compare fundamentals

Datagroup Account Relationship Matchups

Datagroup fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets385.4M431.8M483.6M465.3M535.1M561.8M
Short Long Term Debt Total149.1M135.4M130.7M151.6M174.4M183.1M
Other Current Liab60.9M71.5M131.9M78.1M89.9M94.4M
Total Current Liabilities113.2M130.2M194.6M166.1M191.0M200.5M
Total Stockholder Equity66.2M94.3M127.6M147.4M169.5M178.0M
Property Plant And Equipment Net75.9M65.1M61.8M69.8M80.3M84.3M
Net Debt85.1M91.3M83.7M129.8M149.2M156.7M
Retained Earnings34.6M55.6M68.9M87.8M101.0M106.0M
Accounts Payable12.5M11.4M15.8M13.1M15.0M15.8M
Cash63.9M44.1M47.0M21.9M25.2M25.6M
Non Current Assets Total224.2M276.8M317.9M320.2M368.3M386.7M
Non Currrent Assets Other1.1M67.3K36.0M30.2M34.8M36.5M
Cash And Short Term Investments63.9M44.1M47.0M21.9M25.2M26.2M
Net Receivables61.3M74.8M76.7M76.6M88.1M92.5M
Short Term Investments(45.4M)(46.2M)280.9K1.00.90.95
Liabilities And Stockholders Equity385.4M431.8M483.6M465.3M535.1M561.8M
Non Current Liabilities Total206.0M207.3M161.5M151.8M174.6M95.0M
Inventory7.0M3.8M8.3M4.5M5.2M4.2M
Other Current Assets29.0M18.4M47.8M59.0M67.8M71.2M
Total Liab319.2M337.5M356.1M317.9M365.5M383.8M
Total Current Assets161.2M155.0M165.7M145.1M166.8M86.8M
Current Deferred Revenue70.0M99.5M13.2M95.7M110.0M115.5M
Short Term Debt28.3M17.1M27.1M52.3M60.2M63.2M
Good Will62.5M103.1M151.4M157.0M180.6M189.6M
Intangible Assets26.3M43.1M48.3M44.1M50.7M25.4M
Accumulated Other Comprehensive Income(9.1M)(2.0M)18.1M18.9M21.8M22.9M
Other Liab43.1M85.2M89.0M57.8M66.5M66.8M
Net Tangible Assets(8.6M)(22.7M)(51.9M)(57.1M)(51.4M)(48.8M)
Long Term Debt31.6M110.8M78.2M93.5M107.5M77.9M
Property Plant Equipment58.4M73.0M65.0M61.6M70.8M54.9M

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