DigiAsia Cash vs Cash And Short Term Investments Analysis

FAAS Stock   0.59  0.01  1.72%   
DigiAsia Corp financial indicator trend analysis is much more than just examining DigiAsia Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DigiAsia Corp is a good investment. Please check the relationship between DigiAsia Corp Cash 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 DigiAsia Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy DigiAsia Stock please use our How to Invest in DigiAsia Corp guide.

Cash vs Cash And Short Term Investments

Cash 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 DigiAsia Corp Cash account and Cash And Short Term Investments. At this time, the significance of the direction appears to have totally related.
The correlation between DigiAsia Corp's Cash and Cash And Short Term Investments is 1.0. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of DigiAsia Corp, assuming nothing else is changed. The correlation between historical values of DigiAsia Corp's Cash 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 Cash of DigiAsia Corp 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 Cash i.e., DigiAsia Corp's Cash and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cash

Cash refers to the most liquid asset of DigiAsia Corp, which is listed under current asset account on DigiAsia Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from DigiAsia Corp customers. The amounts must be unrestricted with restricted cash listed in a different DigiAsia Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of DigiAsia Corp balance sheet. This account contains DigiAsia Corp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by DigiAsia Corp 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 DigiAsia Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DigiAsia Corp 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 DigiAsia Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy DigiAsia Stock please use our How to Invest in DigiAsia Corp guide.Selling General Administrative is likely to gain to about 3.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2010 2022 2023 2024 (projected)
Depreciation And Amortization2.0M2.0M167.9K159.5K
Interest Income27.5K44.5K2.0M2.1M

DigiAsia Corp fundamental ratios Correlations

0.92-0.94-0.74-0.47-0.82-0.670.910.2-0.56-0.570.83-0.670.74-0.57-0.81-0.420.68-0.880.620.620.730.780.180.62-0.83
0.92-0.99-0.8-0.41-0.93-0.51.00.13-0.52-0.520.91-0.50.9-0.52-0.93-0.480.81-0.930.720.720.890.820.210.75-0.87
-0.94-0.990.870.550.960.64-0.99-0.290.650.65-0.950.64-0.920.650.960.6-0.870.97-0.8-0.8-0.92-0.9-0.06-0.810.93
-0.74-0.80.870.850.960.82-0.84-0.690.910.91-0.980.82-0.930.910.950.91-0.990.96-0.99-0.99-0.95-1.00.42-0.980.99
-0.47-0.410.550.850.670.94-0.45-0.960.990.99-0.730.94-0.610.990.640.95-0.790.72-0.86-0.87-0.65-0.850.79-0.820.8
-0.82-0.930.960.960.670.67-0.95-0.450.760.76-1.00.67-0.990.761.00.77-0.970.99-0.93-0.93-0.99-0.960.15-0.940.97
-0.67-0.50.640.820.940.67-0.53-0.850.940.94-0.731.0-0.560.940.630.81-0.720.76-0.77-0.77-0.59-0.840.59-0.720.82
0.911.0-0.99-0.84-0.45-0.95-0.530.19-0.57-0.570.93-0.530.93-0.57-0.96-0.540.85-0.950.770.770.920.850.150.79-0.89
0.20.13-0.29-0.69-0.96-0.45-0.850.19-0.92-0.910.52-0.850.4-0.91-0.42-0.890.62-0.490.730.730.440.67-0.930.68-0.61
-0.56-0.520.650.910.990.760.94-0.57-0.921.0-0.810.94-0.71.00.730.96-0.860.8-0.91-0.91-0.73-0.910.71-0.880.87
-0.57-0.520.650.910.990.760.94-0.57-0.911.0-0.810.94-0.711.00.730.96-0.860.8-0.91-0.92-0.74-0.910.7-0.880.88
0.830.91-0.95-0.98-0.73-1.0-0.730.930.52-0.81-0.81-0.730.97-0.81-0.99-0.80.97-0.990.940.940.980.98-0.220.95-0.99
-0.67-0.50.640.820.940.671.0-0.53-0.850.940.94-0.73-0.560.940.630.81-0.720.76-0.77-0.77-0.59-0.840.59-0.720.82
0.740.9-0.92-0.93-0.61-0.99-0.560.930.4-0.7-0.710.97-0.56-0.71-0.99-0.750.97-0.950.920.921.00.92-0.140.94-0.93
-0.57-0.520.650.910.990.760.94-0.57-0.911.01.0-0.810.94-0.710.730.96-0.860.8-0.91-0.92-0.74-0.910.7-0.880.88
-0.81-0.930.960.950.641.00.63-0.96-0.420.730.73-0.990.63-0.990.730.75-0.960.98-0.92-0.92-0.99-0.940.12-0.930.96
-0.42-0.480.60.910.950.770.81-0.54-0.890.960.96-0.80.81-0.750.960.75-0.90.77-0.95-0.95-0.79-0.890.75-0.930.84
0.680.81-0.87-0.99-0.79-0.97-0.720.850.62-0.86-0.860.97-0.720.97-0.86-0.96-0.9-0.950.990.990.980.97-0.381.0-0.96
-0.88-0.930.970.960.720.990.76-0.95-0.490.80.8-0.990.76-0.950.80.980.77-0.95-0.91-0.91-0.95-0.970.17-0.920.99
0.620.72-0.8-0.99-0.86-0.93-0.770.770.73-0.91-0.910.94-0.770.92-0.91-0.92-0.950.99-0.911.00.940.97-0.511.0-0.95
0.620.72-0.8-0.99-0.87-0.93-0.770.770.73-0.91-0.920.94-0.770.92-0.92-0.92-0.950.99-0.911.00.940.97-0.511.0-0.95
0.730.89-0.92-0.95-0.65-0.99-0.590.920.44-0.73-0.740.98-0.591.0-0.74-0.99-0.790.98-0.950.940.940.93-0.190.96-0.94
0.780.82-0.9-1.0-0.85-0.96-0.840.850.67-0.91-0.910.98-0.840.92-0.91-0.94-0.890.97-0.970.970.970.93-0.390.96-1.0
0.180.21-0.060.420.790.150.590.15-0.930.710.7-0.220.59-0.140.70.120.75-0.380.17-0.51-0.51-0.19-0.39-0.460.3
0.620.75-0.81-0.98-0.82-0.94-0.720.790.68-0.88-0.880.95-0.720.94-0.88-0.93-0.931.0-0.921.01.00.960.96-0.46-0.94
-0.83-0.870.930.990.80.970.82-0.89-0.610.870.88-0.990.82-0.930.880.960.84-0.960.99-0.95-0.95-0.94-1.00.3-0.94
Click cells to compare fundamentals

DigiAsia Corp Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for DigiAsia Stock Analysis

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