Distoken Net Receivables vs Net Working Capital Analysis
DIST Stock | 11.37 0.17 1.52% |
Distoken Acquisition financial indicator trend analysis is much more than just examining Distoken Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Distoken Acquisition is a good investment. Please check the relationship between Distoken Acquisition Net Receivables and its Net Working Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Distoken Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Distoken Stock please use our How to Invest in Distoken Acquisition guide.
Net Receivables vs Net Working Capital
Net Receivables vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Distoken Acquisition Net Receivables account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Distoken Acquisition's Net Receivables and Net Working Capital is -0.81. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Distoken Acquisition, assuming nothing else is changed. The correlation between historical values of Distoken Acquisition's Net Receivables and Net Working Capital 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 Receivables of Distoken Acquisition are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Receivables i.e., Distoken Acquisition's Net Receivables and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Receivables
Net Working Capital
Most indicators from Distoken Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Distoken Acquisition 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 Distoken Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Distoken Stock please use our How to Invest in Distoken Acquisition guide.At this time, Distoken Acquisition's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 56.94 in 2024, whereas Tax Provision is likely to drop slightly above 239.2 K in 2024.
2021 | 2023 | 2024 (projected) | Other Operating Expenses | 2.2K | 1.2M | 1.2M | Depreciation And Amortization | 236.6K | 167.9K | 167.8K |
Distoken Acquisition fundamental ratios Correlations
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Distoken Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Distoken Stock Analysis
When running Distoken Acquisition's price analysis, check to measure Distoken Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Distoken Acquisition is operating at the current time. Most of Distoken Acquisition's value examination focuses on studying past and present price action to predict the probability of Distoken Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Distoken Acquisition's price. Additionally, you may evaluate how the addition of Distoken Acquisition to your portfolios can decrease your overall portfolio volatility.