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 Interest Expense and its Depreciation And Amortization 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.
Interest Expense vs Depreciation And Amortization
Interest Expense vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dynamic Cables Interest Expense account and
Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dynamic Cables' Interest Expense and Depreciation And Amortization is 0.76. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Depreciation And Amortization 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' Interest Expense and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Dynamic Cables Limited are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Interest Expense i.e., Dynamic Cables' Interest Expense and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 Expense | 104.0M | 162.3M | 207.4M | 115.7M | Depreciation And Amortization | 80.5M | 79.1M | 92.6M | 57.2M |
Dynamic Cables fundamental ratios Correlations
Click cells to compare fundamentals
Dynamic Cables Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dynamic Cables fundamental ratios Accounts
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