| DKM Stock | | | 0.10 0.01 9.09% |
Duketon Mining financial indicator trend analysis is much more than just examining Duketon Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Duketon Mining is a good investment. Please check the relationship between Duketon Mining Change In Working Capital and its Capital Expenditures accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duketon Mining. 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.
Change In Working Capital vs Capital Expenditures
Change In Working Capital vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Duketon Mining Change In Working Capital account and
Capital Expenditures. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Duketon Mining's Change In Working Capital and Capital Expenditures is -0.52. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Duketon Mining, assuming nothing else is changed. The correlation between historical values of Duketon Mining's Change In Working Capital 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 In Working Capital of Duketon Mining 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 In Working Capital i.e., Duketon Mining's Change In Working Capital and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.52 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Capital Expenditures
Capital Expenditures are funds used by Duketon Mining to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Duketon Mining operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Duketon Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Duketon Mining 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 Duketon Mining. 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.
At this time, Duketon Mining's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is expected to grow at the current pace this year, whereas
Issuance Of Capital Stock is likely to drop slightly above 68.3
K in 2024.
Duketon Mining fundamental ratios Correlations
Click cells to compare fundamentals
Duketon Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Duketon Mining fundamental ratios Accounts
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Additional Tools for Duketon Stock Analysis
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measure Duketon Mining'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 Duketon Mining is operating at the current time. Most of Duketon Mining's value examination focuses on studying past and present price action to
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