DMY Total Assets vs Cash And Short Term Investments Analysis
| DMYY Stock | 10.65 0.05 0.47% |
DMY Squared financial indicator trend analysis is much more than just examining dMY Squared Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether dMY Squared Technology is a good investment. Please check the relationship between DMY Squared Total Assets and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in dMY Squared Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Total Assets vs Cash And Short Term Investments
Total Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of dMY Squared Technology Total Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between DMY Squared's Total Assets and Cash And Short Term Investments is -0.86. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of dMY Squared Technology, assuming nothing else is changed. The correlation between historical values of DMY Squared's Total Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of dMY Squared Technology are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Assets i.e., DMY Squared's Total Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.86 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of DMY Squared assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in dMY Squared Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of dMY Squared Technology balance sheet. This account contains DMY Squared investments that will expire within one year. These investments include stocks and bonds that can be liquidated by dMY Squared Technology fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from DMY Squared's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into dMY Squared Technology 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 dMY Squared Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. Selling General Administrative is likely to drop to about 1.3 M in 2024. Tax Provision is likely to drop to about 427.1 K in 2024
| 2010 | 2023 | 2024 (projected) | Tax Provision | 533.8K | 480.4K | 427.1K | Income Tax Expense | 86.2K | 533.8K | 341.0K |
DMY Squared fundamental ratios Correlations
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DMY Squared Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running DMY Squared's price analysis, check to measure DMY Squared'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 DMY Squared is operating at the current time. Most of DMY Squared's value examination focuses on studying past and present price action to predict the probability of DMY Squared's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DMY Squared's price. Additionally, you may evaluate how the addition of DMY Squared to your portfolios can decrease your overall portfolio volatility.