Digjam Change To Account Receivables vs Capital Expenditures Analysis

DIGJAMLMTD

89.71 3.20 3.70%

Digjam financial indicator trend analysis is much more than just examining Digjam Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digjam Limited is a good investment. Please check the relationship between Digjam Change To Account Receivables and its Capital Expenditures accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digjam Limited. 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.

Change To Account Receivables vs Capital Expenditures

Change To Account Receivables vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digjam Limited Change To Account Receivables account and Capital Expenditures. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Digjam's Change To Account Receivables and Capital Expenditures is -0.65. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Digjam Limited, assuming nothing else is changed. The correlation between historical values of Digjam's Change To Account Receivables and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Digjam Limited are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Account Receivables i.e., Digjam's Change To Account Receivables and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.65

Relationship Direction	Negative
Relationship Strength	Weak

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Change To Account Receivables

Capital Expenditures

Capital Expenditures are funds used by Digjam Limited to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Digjam operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Digjam's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digjam Limited 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 Digjam Limited. 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 value of Selling General Administrative is expected to slide to about 4.7 M

Digjam fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Common Stock Shares Outstanding		-0.63	0.05	-0.05	-0.56	-0.41	-0.51	-0.36	0.06	0.42	-0.71	-0.14	-0.56	0.09	-0.04	-0.14	-0.47	0.59	-0.71	0.1	-0.51	-0.31	-0.7	-0.56	-0.5	-0.67
Total Assets	-0.63		-0.07	-0.15	0.67	0.81	0.93	0.57	-0.05	-0.29	0.95	-0.36	0.98	-0.27	0.5	-0.36	0.73	-0.73	0.93	-0.56	0.82	0.3	0.86	0.65	0.84	0.93
Short Long Term Debt Total	0.05	-0.07		0.7	0.51	-0.59	0.03	-0.27	1.0	-0.69	-0.07	-0.34	0.05	0.04	-0.64	-0.34	-0.46	0.56	-0.14	-0.36	-0.55	0.88	-0.37	0.54	-0.58	0.02
Other Current Liab	-0.05	-0.15	0.7		0.56	-0.59	-0.09	-0.45	0.7	-0.74	-0.07	-0.26	-0.02	0.23	-0.29	-0.26	-0.5	0.27	-0.29	-0.2	-0.35	0.76	-0.46	0.48	-0.51	0.03
Total Current Liabilities	-0.56	0.67	0.51	0.56		0.18	0.69	0.07	0.51	-0.87	0.75	-0.37	0.74	-0.14	0.05	-0.37	0.13	-0.41	0.52	-0.55	0.36	0.84	0.34	0.94	0.28	0.82
Total Stockholder Equity	-0.41	0.81	-0.59	-0.59	0.18		0.71	0.7	-0.57	0.25	0.76	-0.22	0.72	-0.25	0.75	-0.22	0.89	-0.8	0.81	-0.35	0.92	-0.3	0.89	0.13	0.96	0.69
Property Plant And Equipment Net	-0.51	0.93	0.03	-0.09	0.69	0.71		0.59	0.04	-0.4	0.92	-0.3	0.95	-0.56	0.44	-0.3	0.53	-0.68	0.8	-0.48	0.76	0.36	0.7	0.74	0.76	0.92
Current Deferred Revenue	-0.36	0.57	-0.27	-0.45	0.07	0.7	0.59		-0.25	0.25	0.51	-0.35	0.52	-0.42	0.47	-0.35	0.72	-0.37	0.54	-0.41	0.62	-0.18	0.6	0.06	0.56	0.43
Net Debt	0.06	-0.05	1.0	0.7	0.51	-0.57	0.04	-0.25		-0.67	-0.07	-0.38	0.07	0.06	-0.61	-0.38	-0.44	0.57	-0.14	-0.39	-0.54	0.87	-0.37	0.53	-0.57	0.02
Retained Earnings	0.42	-0.29	-0.69	-0.74	-0.87	0.25	-0.4	0.25	-0.67		-0.43	0.05	-0.39	0.21	0.33	0.05	0.33	0.12	-0.18	0.2	0.04	-0.9	0.03	-0.9	0.09	-0.53
Accounts Payable	-0.71	0.95	-0.07	-0.07	0.75	0.76	0.92	0.51	-0.07	-0.43		-0.24	0.93	-0.37	0.45	-0.24	0.63	-0.81	0.88	-0.47	0.83	0.33	0.82	0.72	0.82	0.99
Cash	-0.14	-0.36	-0.34	-0.26	-0.37	-0.22	-0.3	-0.35	-0.38	0.05	-0.24		-0.43	-0.28	-0.38	1.0	-0.39	-0.1	-0.2	0.94	-0.2	-0.34	-0.1	-0.17	-0.06	-0.26
Non Current Assets Total	-0.56	0.98	0.05	-0.02	0.74	0.72	0.95	0.52	0.07	-0.39	0.93	-0.43		-0.28	0.5	-0.43	0.62	-0.67	0.86	-0.62	0.77	0.41	0.74	0.73	0.77	0.93
Non Currrent Assets Other	0.09	-0.27	0.04	0.23	-0.14	-0.25	-0.56	-0.42	0.06	0.21	-0.37	-0.28	-0.28		-0.04	-0.28	0.06	0.33	-0.21	-0.21	-0.27	0.0	-0.18	-0.34	-0.32	-0.37
Other Assets	-0.04	0.5	-0.64	-0.29	0.05	0.75	0.44	0.47	-0.61	0.33	0.45	-0.38	0.5	-0.04		-0.38	0.63	-0.68	0.34	-0.36	0.83	-0.38	0.43	-0.08	0.72	0.41
Cash And Short Term Investments	-0.14	-0.36	-0.34	-0.26	-0.37	-0.22	-0.3	-0.35	-0.38	0.05	-0.24	1.0	-0.43	-0.28	-0.38		-0.39	-0.1	-0.2	0.94	-0.2	-0.34	-0.1	-0.17	-0.06	-0.26
Net Receivables	-0.47	0.73	-0.46	-0.5	0.13	0.89	0.53	0.72	-0.44	0.33	0.63	-0.39	0.62	0.06	0.63	-0.39		-0.56	0.77	-0.51	0.76	-0.24	0.86	0.01	0.78	0.54
Non Current Liabilities Total	0.59	-0.73	0.56	0.27	-0.41	-0.8	-0.68	-0.37	0.57	0.12	-0.81	-0.1	-0.67	0.33	-0.68	-0.1	-0.56		-0.67	0.07	-0.92	0.13	-0.73	-0.38	-0.91	-0.78
Inventory	-0.71	0.93	-0.14	-0.29	0.52	0.81	0.8	0.54	-0.14	-0.18	0.88	-0.2	0.86	-0.21	0.34	-0.2	0.77	-0.67		-0.39	0.72	0.18	0.96	0.53	0.83	0.85
Other Current Assets	0.1	-0.56	-0.36	-0.2	-0.55	-0.35	-0.48	-0.41	-0.39	0.2	-0.47	0.94	-0.62	-0.21	-0.36	0.94	-0.51	0.07	-0.39		-0.34	-0.45	-0.29	-0.36	-0.22	-0.47
Other Stockholder Equity	-0.51	0.82	-0.55	-0.35	0.36	0.92	0.76	0.62	-0.54	0.04	0.83	-0.2	0.77	-0.27	0.83	-0.2	0.76	-0.92	0.72	-0.34		-0.16	0.78	0.3	0.94	0.78
Total Liab	-0.31	0.3	0.88	0.76	0.84	-0.3	0.36	-0.18	0.87	-0.9	0.33	-0.34	0.41	0.0	-0.38	-0.34	-0.24	0.13	0.18	-0.45	-0.16		-0.06	0.84	-0.22	0.42
Total Current Assets	-0.7	0.86	-0.37	-0.46	0.34	0.89	0.7	0.6	-0.37	0.03	0.82	-0.1	0.74	-0.18	0.43	-0.1	0.86	-0.73	0.96	-0.29	0.78	-0.06		0.32	0.88	0.76
Short Term Debt	-0.56	0.65	0.54	0.48	0.94	0.13	0.74	0.06	0.53	-0.9	0.72	-0.17	0.73	-0.34	-0.08	-0.17	0.01	-0.38	0.53	-0.36	0.3	0.84	0.32		0.28	0.79
Intangible Assets	-0.5	0.84	-0.58	-0.51	0.28	0.96	0.76	0.56	-0.57	0.09	0.82	-0.06	0.77	-0.32	0.72	-0.06	0.78	-0.91	0.83	-0.22	0.94	-0.22	0.88	0.28		0.77
Common Stock	-0.67	0.93	0.02	0.03	0.82	0.69	0.92	0.43	0.02	-0.53	0.99	-0.26	0.93	-0.37	0.41	-0.26	0.54	-0.78	0.85	-0.47	0.78	0.42	0.76	0.79	0.77

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Digjam Account Relationship Matchups

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C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Digjam Stock

Balance Sheet is a snapshot of the financial position of Digjam Limited at a specified time, usually calculated after every quarter, six months, or one year. Digjam Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Digjam 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 Digjam currently owns. An asset can also be divided into two categories, current and non-current.

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Digjam Change To Account Receivables vs Capital Expenditures Analysis

Change To Account Receivables vs Capital Expenditures

Change To Account Receivables vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Change To Account Receivables

Capital Expenditures

Digjam fundamental ratios Correlations

Digjam Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Digjam Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 0.99	Accounts Payable
Non Current Assets Total	+ 0.98	Total Assets
Intangible Assets	+ 0.96	Total Stockholder Equity
Total Current Assets	+ 0.96	Inventory

Other Stockholder Equity	- 0.92	Non Current Liabilities Total
Intangible Assets	- 0.91	Non Current Liabilities Total
Short Term Debt	- 0.9	Retained Earnings
Total Liab	- 0.9	Retained Earnings
Retained Earnings	- 0.87	Total Current Liabilities
Non Current Liabilities Total	- 0.81	Accounts Payable