Dynamic Change To Inventory vs Investments Analysis

DYCL Stock   973.80  17.75  1.79%   
Dynamic Cables financial indicator trend analysis is much more than just examining Dynamic Cables latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dynamic Cables is a good investment. Please check the relationship between Dynamic Cables Change To Inventory and its Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynamic Cables Limited. 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 To Inventory vs Investments

Change To Inventory vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dynamic Cables Change To Inventory account and Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dynamic Cables' Change To Inventory and Investments is 0.46. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Investments in the same time period over historical financial statements of Dynamic Cables Limited, assuming nothing else is changed. The correlation between historical values of Dynamic Cables' Change To Inventory and 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 Change To Inventory of Dynamic Cables Limited are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Change To Inventory i.e., Dynamic Cables' Change To Inventory and Investments go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Dynamic Cables' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dynamic Cables 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 Dynamic Cables Limited. 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 gain to about 74.7 M in 2024, whereas Tax Provision is likely to drop slightly above 104.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense104.0M162.3M207.4M115.7M
Depreciation And Amortization80.5M79.1M92.6M57.2M

Dynamic Cables fundamental ratios Correlations

0.690.70.990.90.930.790.730.870.78-0.690.90.31-0.110.990.36-0.170.960.90.991.00.870.920.690.560.9
0.690.670.630.570.820.850.990.490.26-0.610.850.18-0.420.66-0.060.440.590.480.770.640.930.810.780.280.79
0.70.670.70.820.690.830.670.820.67-0.520.67-0.06-0.30.680.43-0.290.710.510.720.690.790.650.570.060.7
0.990.630.70.890.870.740.660.870.81-0.60.830.26-0.040.990.45-0.270.960.870.980.990.850.850.680.480.83
0.90.570.820.890.830.820.610.990.92-0.710.80.23-0.150.890.47-0.390.870.840.880.90.750.820.590.460.87
0.930.820.690.870.830.890.870.770.61-0.830.990.34-0.310.910.120.10.840.80.930.90.890.990.650.560.98
0.790.850.830.740.820.890.880.760.59-0.770.910.21-0.470.770.190.080.70.560.830.750.870.890.630.250.92
0.730.990.670.660.610.870.880.530.3-0.70.890.22-0.450.7-0.060.420.630.540.790.680.930.860.730.340.84
0.870.490.820.870.990.770.760.530.95-0.650.720.18-0.10.860.55-0.490.860.820.840.880.690.750.540.40.8
0.780.260.670.810.920.610.590.30.95-0.480.560.210.050.790.63-0.640.770.750.740.80.50.60.440.330.65
-0.69-0.61-0.52-0.6-0.71-0.83-0.77-0.7-0.65-0.48-0.82-0.330.47-0.67-0.04-0.06-0.62-0.65-0.66-0.65-0.64-0.83-0.25-0.54-0.86
0.90.850.670.830.80.990.910.890.720.56-0.820.37-0.330.880.050.180.790.740.910.860.890.980.670.530.97
0.310.18-0.060.260.230.340.210.220.180.21-0.330.37-0.340.27-0.190.220.340.290.30.30.130.390.30.440.37
-0.11-0.42-0.3-0.04-0.15-0.31-0.47-0.45-0.10.050.47-0.33-0.34-0.07-0.01-0.33-0.130.01-0.14-0.07-0.29-0.33-0.010.15-0.36
0.990.660.680.990.890.910.770.70.860.79-0.670.880.27-0.070.42-0.190.930.870.980.990.850.890.660.510.87
0.36-0.060.430.450.470.120.19-0.060.550.63-0.040.05-0.19-0.010.42-0.710.420.30.330.410.20.080.03-0.180.11
-0.170.44-0.29-0.27-0.390.10.080.42-0.49-0.64-0.060.180.22-0.33-0.19-0.71-0.3-0.25-0.09-0.230.120.130.190.060.06
0.960.590.710.960.870.840.70.630.860.77-0.620.790.34-0.130.930.42-0.30.890.930.970.820.840.640.540.81
0.90.480.510.870.840.80.560.540.820.75-0.650.740.290.010.870.3-0.250.890.850.910.670.810.560.770.8
0.990.770.720.980.880.930.830.790.840.74-0.660.910.3-0.140.980.33-0.090.930.850.980.920.920.760.490.9
1.00.640.690.990.90.90.750.680.880.8-0.650.860.3-0.070.990.41-0.230.970.910.980.850.890.680.550.86
0.870.930.790.850.750.890.870.930.690.5-0.640.890.13-0.290.850.20.120.820.670.920.850.870.780.340.85
0.920.810.650.850.820.990.890.860.750.6-0.830.980.39-0.330.890.080.130.840.810.920.890.870.670.610.99
0.690.780.570.680.590.650.630.730.540.44-0.250.670.3-0.010.660.030.190.640.560.760.680.780.670.40.64
0.560.280.060.480.460.560.250.340.40.33-0.540.530.440.150.51-0.180.060.540.770.490.550.340.610.40.58
0.90.790.70.830.870.980.920.840.80.65-0.860.970.37-0.360.870.110.060.810.80.90.860.850.990.640.58
Click cells to compare fundamentals

Dynamic Cables Account Relationship Matchups

Dynamic Cables fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B3.0B3.5B4.0B5.0B2.8B
Short Long Term Debt Total1.2B1.2B767.7M823.8M1.2B1.0B
Other Current Liab25.5M69.6M22.0M39.3M97.8M102.7M
Total Current Liabilities1.4B1.5B1.8B2.1B2.8B1.5B
Total Stockholder Equity1.1B1.2B1.5B1.8B2.1B2.2B
Property Plant And Equipment Net556.7M544.2M525.3M580.8M704.5M465.7M
Current Deferred Revenue32.1M41.0M25.2M27.1M54.4M57.2M
Net Debt1.2B1.2B766.9M822.6M1.2B945.7M
Retained Earnings706.2M784.2M1.1B1.4B1.8B1.8B
Accounts Payable626.2M508.3M1.2B1.3B1.5B1.6B
Cash582.9K880K798K1.3M2.3M2.2M
Non Current Assets Total578.6M560.2M561.3M606.4M721.7M499.1M
Non Currrent Assets Other20.6M13.5M320.4M6.4M11.5M11.0M
Cash And Short Term Investments582.9K880K798K341.7M12.6M12.0M
Net Receivables1.5B1.3B1.6B2.1B2.6B1.3B
Liabilities And Stockholders Equity3.0B3.0B3.5B4.0B5.0B2.8B
Non Current Liabilities Total492.7M330.1M259.1M131.1M76.9M73.1M
Inventory528.5M835.3M941.4M886.0M1.3B636.4M
Other Current Assets379.8M293.8M400.0M478.4M432.1M228.8M
Total Liab1.9B1.8B2.0B2.3B2.8B1.8B
Total Current Assets2.4B2.4B2.9B3.4B4.3B2.3B
Short Term Debt749.0M862.8M522.8M709.8M1.1B668.9M
Short Term Investments210.0M232.1M294.9M340.4M10.3M9.8M
Intangible Assets1.4M925K585K355K285K270.8K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Dynamic Stock Analysis

When running Dynamic Cables' price analysis, check to measure Dynamic Cables' 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 Dynamic Cables is operating at the current time. Most of Dynamic Cables' value examination focuses on studying past and present price action to predict the probability of Dynamic Cables' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dynamic Cables' price. Additionally, you may evaluate how the addition of Dynamic Cables to your portfolios can decrease your overall portfolio volatility.