DelphX Cash And Short Term Investments vs Other Current Liab Analysis

DELX Stock  CAD 0.12  0.01  9.09%   
DelphX Capital financial indicator trend analysis is much more than just examining DelphX Capital Markets latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DelphX Capital Markets is a good investment. Please check the relationship between DelphX Capital Cash And Short Term Investments and its Other Current Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DelphX Capital Markets. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Cash And Short Term Investments vs Other Current Liab

Cash And Short Term Investments vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DelphX Capital Markets Cash And Short Term Investments account and Other Current Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between DelphX Capital's Cash And Short Term Investments and Other Current Liab is -0.53. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of DelphX Capital Markets, assuming nothing else is changed. The correlation between historical values of DelphX Capital's Cash And Short Term Investments and Other Current 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 DelphX Capital Markets are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Cash And Short Term Investments i.e., DelphX Capital's Cash And Short Term Investments and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of DelphX Capital Markets balance sheet. This account contains DelphX Capital investments that will expire within one year. These investments include stocks and bonds that can be liquidated by DelphX Capital Markets 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.

Other Current Liab

Most indicators from DelphX Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DelphX Capital Markets 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 DelphX Capital Markets. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, DelphX Capital's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 46.53 in 2024, whereas Sales General And Administrative To Revenue is likely to drop (139.06) in 2024.

DelphX Capital fundamental ratios Correlations

0.56-0.32-0.3-0.41-0.540.60.920.890.570.560.970.040.610.61-0.610.58-0.62-0.37-0.370.08-0.710.33-0.430.12-0.24
0.56-0.95-0.640.15-0.910.850.360.430.810.990.48-0.370.90.89-0.780.9-0.91-0.96-0.97-0.19-0.470.7-0.62-0.28-0.67
-0.32-0.950.61-0.390.86-0.75-0.09-0.18-0.73-0.96-0.210.45-0.83-0.860.7-0.830.860.990.990.140.38-0.660.520.380.65
-0.3-0.640.610.060.59-0.61-0.32-0.39-0.65-0.61-0.350.51-0.53-0.50.42-0.580.470.610.60.310.3-0.630.610.280.62
-0.410.15-0.390.060.06-0.25-0.66-0.68-0.30.23-0.610.08-0.050.170.19-0.1-0.05-0.25-0.30.58-0.11-0.30.520.110.31
-0.54-0.910.860.590.06-0.94-0.37-0.49-0.94-0.9-0.50.61-0.97-0.910.95-0.990.960.930.890.430.3-0.880.820.530.85
0.60.85-0.75-0.61-0.25-0.940.490.570.920.820.6-0.430.940.85-0.910.96-0.87-0.83-0.78-0.51-0.190.91-0.87-0.35-0.86
0.920.36-0.09-0.32-0.66-0.370.490.970.530.340.980.060.410.36-0.420.41-0.37-0.16-0.14-0.07-0.60.33-0.490.1-0.25
0.890.43-0.18-0.39-0.68-0.490.570.970.660.40.96-0.150.490.42-0.530.52-0.46-0.26-0.23-0.21-0.580.47-0.63-0.12-0.41
0.570.81-0.73-0.65-0.3-0.940.920.530.660.790.6-0.640.880.79-0.880.93-0.84-0.82-0.77-0.56-0.30.94-0.94-0.6-0.91
0.560.99-0.96-0.610.23-0.90.820.340.40.790.46-0.360.90.93-0.770.89-0.92-0.96-0.97-0.09-0.530.66-0.57-0.27-0.62
0.970.48-0.21-0.35-0.61-0.50.60.980.960.60.460.010.540.49-0.560.54-0.51-0.29-0.27-0.1-0.60.4-0.550.07-0.32
0.04-0.370.450.510.080.61-0.430.06-0.15-0.64-0.360.01-0.46-0.370.56-0.530.490.520.470.59-0.03-0.650.650.930.71
0.610.9-0.83-0.53-0.05-0.970.940.410.490.880.90.54-0.460.95-0.940.99-0.97-0.89-0.86-0.33-0.280.82-0.74-0.36-0.75
0.610.89-0.86-0.50.17-0.910.850.360.420.790.930.49-0.370.95-0.880.92-0.95-0.88-0.86-0.06-0.440.69-0.58-0.27-0.59
-0.61-0.780.70.420.190.95-0.91-0.42-0.53-0.88-0.77-0.560.56-0.94-0.88-0.940.950.790.740.410.25-0.80.780.480.76
0.580.9-0.83-0.58-0.1-0.990.960.410.520.930.890.54-0.530.990.92-0.94-0.95-0.9-0.87-0.43-0.250.89-0.82-0.45-0.83
-0.62-0.910.860.47-0.050.96-0.87-0.37-0.46-0.84-0.92-0.510.49-0.97-0.950.95-0.950.910.890.220.41-0.710.650.40.67
-0.37-0.960.990.61-0.250.93-0.83-0.16-0.26-0.82-0.96-0.290.52-0.89-0.880.79-0.90.910.990.280.33-0.750.640.450.75
-0.37-0.970.990.6-0.30.89-0.78-0.14-0.23-0.77-0.97-0.270.47-0.86-0.860.74-0.870.890.990.210.36-0.690.570.390.68
0.08-0.190.140.310.580.43-0.51-0.07-0.21-0.56-0.09-0.10.59-0.33-0.060.41-0.430.220.280.21-0.5-0.730.780.620.81
-0.71-0.470.380.3-0.110.3-0.19-0.6-0.58-0.3-0.53-0.6-0.03-0.28-0.440.25-0.250.410.330.36-0.50.030.05-0.07-0.07
0.330.7-0.66-0.63-0.3-0.880.910.330.470.940.660.4-0.650.820.69-0.80.89-0.71-0.75-0.69-0.730.03-0.96-0.61-0.97
-0.43-0.620.520.610.520.82-0.87-0.49-0.63-0.94-0.57-0.550.65-0.74-0.580.78-0.820.650.640.570.780.05-0.960.620.96
0.12-0.280.380.280.110.53-0.350.1-0.12-0.6-0.270.070.93-0.36-0.270.48-0.450.40.450.390.62-0.07-0.610.620.69
-0.24-0.670.650.620.310.85-0.86-0.25-0.41-0.91-0.62-0.320.71-0.75-0.590.76-0.830.670.750.680.81-0.07-0.970.960.69
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DelphX Capital Account Relationship Matchups

DelphX Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets624.0K545.9K1.8M475.2K237.1K225.2K
Total Current Liabilities2.2M4.5M2.8M3.4M2.6M2.3M
Total Stockholder Equity(2.6M)(4.1M)(1.0M)(2.9M)(2.4M)(2.5M)
Net Tangible Assets406.6K(713.8K)(2.6M)(4.1M)(3.7M)(3.5M)
Net Debt926.9K844.1K(1.3M)(263.6K)(237.2K)(225.4K)
Retained Earnings(22.1M)(24.7M)(27.9M)(32.6M)(34.6M)(32.9M)
Accounts Payable1.3M1.3M2.6M3.4M2.6M1.7M
Cash135.6K181.7K1.5M263.6K136.2K129.4K
Non Currrent Assets Other287.8K(354.6K)(248.2K)(141.8K)(127.7K)(121.3K)
Cash And Short Term Investments135.6K181.7K1.5M263.6K303.1K395.6K
Liabilities And Stockholders Equity624.0K545.9K1.8M475.2K546.5K700.5K
Other Stockholder Equity2.2M2.8M6.0M4.8M5.6M5.8M
Total Liab3.2M4.6M2.8M3.4M2.6M2.5M
Total Current Assets269.4K297.7K1.7M475.2K237.1K225.2K
Common Stock17.1M17.5M20.6M22.7M26.1M14.8M
Property Plant Equipment1.3K170.5K354.6K248.2K285.5K170.9K
Other Current Liab870.8K2.3M66.7K135.0121.5115.43
Common Stock Shares Outstanding85.4M93.2M119.0M133.5M150.8M103.4M
Other Current Assets24.1K36.2K132.2K54.0K48.6K46.2K
Net Invested Capital(1.9M)(3.4M)(1.0M)(2.9M)(2.4M)(2.5M)
Accumulated Other Comprehensive Income177.5K324.7K332.0K2.1M2.5M2.6M
Net Working Capital(2.0M)(4.2M)(1.1M)(2.9M)(2.4M)(2.5M)
Net Receivables82.2K79.7K59.8K157.6K181.2K114.9K
Capital Stock17.1M17.5M20.6M22.7M24.4M21.7M

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