| 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 Total Current Liabilities 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.
Total Current Liabilities vs Total Liab
Total Current Liabilities vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Datagroup SE Total Current Liabilities account and
Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Datagroup's Total Current Liabilities and Total Liab is 0.96. Overlapping area represents the amount of variation of Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities i.e., Datagroup's Total Current Liabilities and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on Datagroup balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Datagroup SE are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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
Datagroup fundamental ratios Correlations
Click cells to compare fundamentals
Datagroup Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Datagroup fundamental ratios Accounts
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Additional Tools for Datagroup Stock Analysis
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predict the probability of Datagroup's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Datagroup's price. Additionally, you may evaluate how the addition of Datagroup to your portfolios can decrease your overall portfolio volatility.