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 Other Assets and its Retained Earnings 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.
Other Assets vs Retained Earnings
Other Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Duketon Mining Other Assets account and
Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Duketon Mining's Other Assets and Retained Earnings is 0.45. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Retained Earnings 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 Other Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Duketon Mining are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Assets i.e., Duketon Mining's Other Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Assets
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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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