Digjam Net Debt vs Non Current Liabilities Total Analysis

DIGJAMLMTD   90.00  0.29  0.32%   
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 Net Debt and its Non Current Liabilities Total 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.

Net Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digjam Limited Net Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Digjam's Net Debt and Non Current Liabilities Total is 0.57. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Liabilities Total 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 Net Debt and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Digjam Limited are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Debt i.e., Digjam's Net Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Current Liabilities Total

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

-0.630.05-0.05-0.56-0.41-0.51-0.360.060.42-0.71-0.14-0.560.09-0.04-0.14-0.470.59-0.710.1-0.51-0.31-0.7-0.56-0.5-0.67
-0.63-0.07-0.150.670.810.930.57-0.05-0.290.95-0.360.98-0.270.5-0.360.73-0.730.93-0.560.820.30.860.650.840.93
0.05-0.070.70.51-0.590.03-0.271.0-0.69-0.07-0.340.050.04-0.64-0.34-0.460.56-0.14-0.36-0.550.88-0.370.54-0.580.02
-0.05-0.150.70.56-0.59-0.09-0.450.7-0.74-0.07-0.26-0.020.23-0.29-0.26-0.50.27-0.29-0.2-0.350.76-0.460.48-0.510.03
-0.560.670.510.560.180.690.070.51-0.870.75-0.370.74-0.140.05-0.370.13-0.410.52-0.550.360.840.340.940.280.82
-0.410.81-0.59-0.590.180.710.7-0.570.250.76-0.220.72-0.250.75-0.220.89-0.80.81-0.350.92-0.30.890.130.960.69
-0.510.930.03-0.090.690.710.590.04-0.40.92-0.30.95-0.560.44-0.30.53-0.680.8-0.480.760.360.70.740.760.92
-0.360.57-0.27-0.450.070.70.59-0.250.250.51-0.350.52-0.420.47-0.350.72-0.370.54-0.410.62-0.180.60.060.560.43
0.06-0.051.00.70.51-0.570.04-0.25-0.67-0.07-0.380.070.06-0.61-0.38-0.440.57-0.14-0.39-0.540.87-0.370.53-0.570.02
0.42-0.29-0.69-0.74-0.870.25-0.40.25-0.67-0.430.05-0.390.210.330.050.330.12-0.180.20.04-0.90.03-0.90.09-0.53
-0.710.95-0.07-0.070.750.760.920.51-0.07-0.43-0.240.93-0.370.45-0.240.63-0.810.88-0.470.830.330.820.720.820.99
-0.14-0.36-0.34-0.26-0.37-0.22-0.3-0.35-0.380.05-0.24-0.43-0.28-0.381.0-0.39-0.1-0.20.94-0.2-0.34-0.1-0.17-0.06-0.26
-0.560.980.05-0.020.740.720.950.520.07-0.390.93-0.43-0.280.5-0.430.62-0.670.86-0.620.770.410.740.730.770.93
0.09-0.270.040.23-0.14-0.25-0.56-0.420.060.21-0.37-0.28-0.28-0.04-0.280.060.33-0.21-0.21-0.270.0-0.18-0.34-0.32-0.37
-0.040.5-0.64-0.290.050.750.440.47-0.610.330.45-0.380.5-0.04-0.380.63-0.680.34-0.360.83-0.380.43-0.080.720.41
-0.14-0.36-0.34-0.26-0.37-0.22-0.3-0.35-0.380.05-0.241.0-0.43-0.28-0.38-0.39-0.1-0.20.94-0.2-0.34-0.1-0.17-0.06-0.26
-0.470.73-0.46-0.50.130.890.530.72-0.440.330.63-0.390.620.060.63-0.39-0.560.77-0.510.76-0.240.860.010.780.54
0.59-0.730.560.27-0.41-0.8-0.68-0.370.570.12-0.81-0.1-0.670.33-0.68-0.1-0.56-0.670.07-0.920.13-0.73-0.38-0.91-0.78
-0.710.93-0.14-0.290.520.810.80.54-0.14-0.180.88-0.20.86-0.210.34-0.20.77-0.67-0.390.720.180.960.530.830.85
0.1-0.56-0.36-0.2-0.55-0.35-0.48-0.41-0.390.2-0.470.94-0.62-0.21-0.360.94-0.510.07-0.39-0.34-0.45-0.29-0.36-0.22-0.47
-0.510.82-0.55-0.350.360.920.760.62-0.540.040.83-0.20.77-0.270.83-0.20.76-0.920.72-0.34-0.160.780.30.940.78
-0.310.30.880.760.84-0.30.36-0.180.87-0.90.33-0.340.410.0-0.38-0.34-0.240.130.18-0.45-0.16-0.060.84-0.220.42
-0.70.86-0.37-0.460.340.890.70.6-0.370.030.82-0.10.74-0.180.43-0.10.86-0.730.96-0.290.78-0.060.320.880.76
-0.560.650.540.480.940.130.740.060.53-0.90.72-0.170.73-0.34-0.08-0.170.01-0.380.53-0.360.30.840.320.280.79
-0.50.84-0.58-0.510.280.960.760.56-0.570.090.82-0.060.77-0.320.72-0.060.78-0.910.83-0.220.94-0.220.880.280.77
-0.670.930.020.030.820.690.920.430.02-0.530.99-0.260.93-0.370.41-0.260.54-0.780.85-0.470.780.420.760.790.77
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Digjam Account Relationship Matchups

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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.