| DOTD Stock | | | 95.40 3.20 3.47% |
Dotdigital Group financial indicator trend analysis is much more than just examining Dotdigital Group Plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dotdigital Group Plc is a good investment. Please check the relationship between Dotdigital Group Cash And Short Term Investments and its Total Current Liabilities accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dotdigital Group Plc. 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.
Cash And Short Term Investments vs Total Current Liabilities
Cash And Short Term Investments vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dotdigital Group Plc Cash And Short Term Investments account and
Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dotdigital Group's Cash And Short Term Investments and Total Current Liabilities is 0.91. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Dotdigital Group Plc, assuming nothing else is changed. The correlation between historical values of Dotdigital Group's Cash And Short Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Dotdigital Group Plc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash And Short Term Investments i.e., Dotdigital Group's Cash And Short Term Investments and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.91 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Dotdigital Group Plc balance sheet. This account contains Dotdigital Group investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Dotdigital Group Plc 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.
Total Current Liabilities
Total Current Liabilities is an item on Dotdigital Group balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Dotdigital Group Plc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Dotdigital Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dotdigital Group Plc 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 Dotdigital Group Plc. 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.
Selling General Administrative is likely to drop to about 5.9
M in 2024.
Discontinued Operations is likely to gain to about (768.6
K) in 2024
Dotdigital Group fundamental ratios Correlations
Click cells to compare fundamentals
Dotdigital Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dotdigital Group fundamental ratios Accounts
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Additional Tools for Dotdigital Stock Analysis
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