Data Net Income vs Net Income Per E B T Analysis

DTST Stock  USD 5.08  0.01  0.20%   
Data Storage financial indicator trend analysis is much more than just examining Data Storage Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Data Storage Corp is a good investment. Please check the relationship between Data Storage Net Income and its Net Income Per E B T accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Data Storage Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Data Stock please use our How to Invest in Data Storage guide.

Net Income vs Net Income Per E B T

Net Income vs Net Income Per E B T Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Data Storage Corp Net Income account and Net Income Per E B T. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Data Storage's Net Income and Net Income Per E B T is -0.23. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Income Per E B T in the same time period over historical financial statements of Data Storage Corp, assuming nothing else is changed. The correlation between historical values of Data Storage's Net Income and Net Income Per E B T is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Data Storage Corp are associated (or correlated) with its Net Income Per E B T. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per E B T has no effect on the direction of Net Income i.e., Data Storage's Net Income and Net Income Per E B T go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Data Storage Corp financial statement analysis. It represents the amount of money remaining after all of Data Storage Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Net Income Per E B T

Most indicators from Data Storage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Data Storage 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 Data Storage Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Data Stock please use our How to Invest in Data Storage guide.At this time, Data Storage's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to 0.00 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense126.7K130.1K74.5K70.8K
Depreciation And Amortization1.3M1.2M1.4M736.2K

Data Storage fundamental ratios Correlations

0.840.290.990.63-0.69-0.690.820.650.820.370.980.80.670.95-0.760.85-0.070.980.99-0.43-0.23-0.240.070.850.79
0.840.210.840.53-0.52-0.670.630.460.630.280.850.370.650.85-0.710.63-0.070.860.81-0.31-0.24-0.10.080.570.65
0.290.210.20.450.17-0.770.530.00.530.240.160.360.520.34-0.290.50.830.250.20.360.530.520.660.290.52
0.990.840.20.59-0.73-0.630.790.650.790.360.990.780.640.93-0.780.82-0.170.970.99-0.47-0.31-0.28-0.020.840.77
0.630.530.450.59-0.29-0.520.450.390.80.50.540.560.590.69-0.240.640.30.690.560.010.25-0.220.330.680.58
-0.69-0.520.17-0.73-0.290.12-0.25-0.95-0.64-0.45-0.68-0.61-0.26-0.520.44-0.580.44-0.6-0.690.480.290.250.11-0.72-0.68
-0.69-0.67-0.77-0.63-0.520.12-0.77-0.19-0.67-0.18-0.62-0.54-0.83-0.790.63-0.75-0.49-0.66-0.63-0.14-0.21-0.17-0.45-0.5-0.71
0.820.630.530.790.45-0.25-0.770.170.60.20.80.690.60.79-0.830.730.130.810.82-0.32-0.290.050.00.640.59
0.650.460.00.650.39-0.95-0.190.170.730.480.590.620.310.5-0.30.61-0.20.540.61-0.310.03-0.220.180.720.74
0.820.630.530.790.8-0.64-0.670.60.730.60.710.790.710.79-0.530.920.180.760.74-0.060.16-0.040.30.90.94
0.370.280.240.360.5-0.45-0.180.20.480.60.240.30.410.33-0.320.330.050.320.260.160.020.320.050.560.52
0.980.850.160.990.54-0.68-0.620.80.590.710.240.730.580.92-0.770.78-0.20.981.0-0.55-0.36-0.32-0.040.790.69
0.80.370.360.780.56-0.61-0.540.690.620.790.30.730.530.72-0.530.850.020.730.79-0.27-0.05-0.260.090.830.73
0.670.650.520.640.59-0.26-0.830.60.310.710.410.580.530.82-0.650.690.210.640.590.360.130.040.280.480.74
0.950.850.340.930.69-0.52-0.790.790.50.790.330.920.720.82-0.720.820.020.950.92-0.21-0.11-0.290.150.760.75
-0.76-0.71-0.29-0.78-0.240.440.63-0.83-0.3-0.53-0.32-0.77-0.53-0.65-0.72-0.660.22-0.71-0.770.220.5-0.140.2-0.55-0.65
0.850.630.50.820.64-0.58-0.750.730.610.920.330.780.850.690.82-0.660.070.780.81-0.170.0-0.120.160.880.91
-0.07-0.070.83-0.170.30.44-0.490.13-0.20.180.05-0.20.020.210.020.220.07-0.06-0.160.440.770.450.81-0.060.11
0.980.860.250.970.69-0.6-0.660.810.540.760.320.980.730.640.95-0.710.78-0.060.97-0.46-0.26-0.310.050.810.69
0.990.810.20.990.56-0.69-0.630.820.610.740.261.00.790.590.92-0.770.81-0.160.97-0.52-0.33-0.31-0.020.820.72
-0.43-0.310.36-0.470.010.48-0.14-0.32-0.31-0.060.16-0.55-0.270.36-0.210.22-0.170.44-0.46-0.520.570.40.36-0.39-0.01
-0.23-0.240.53-0.310.250.29-0.21-0.290.030.160.02-0.36-0.050.13-0.110.50.00.77-0.26-0.330.570.110.88-0.110.09
-0.24-0.10.52-0.28-0.220.25-0.170.05-0.22-0.040.32-0.32-0.260.04-0.29-0.14-0.120.45-0.31-0.310.40.110.16-0.20.11
0.070.080.66-0.020.330.11-0.450.00.180.30.05-0.040.090.280.150.20.160.810.05-0.020.360.880.160.030.27
0.850.570.290.840.68-0.72-0.50.640.720.90.560.790.830.480.76-0.550.88-0.060.810.82-0.39-0.11-0.20.030.79
0.790.650.520.770.58-0.68-0.710.590.740.940.520.690.730.740.75-0.650.910.110.690.72-0.010.090.110.270.79
Click cells to compare fundamentals

Data Storage Account Relationship Matchups

Data Storage fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.3M7.8M26.3M24.1M23.3M24.5M
Other Current Liab971.0K1.1M2.4M880.5K3.1M3.3M
Total Current Liabilities3.7M4.4M3.0M4.5M3.5M3.2M
Total Stockholder Equity1.8M2.0M22.7M19.1M20.0M21.0M
Property Plant And Equipment Net2.5M2.5M2.4M2.4M2.8M1.5M
Net Debt3.0M2.4M(10.1M)(636.3K)(827.3K)(785.9K)
Retained Earnings(15.8M)(15.7M)(15.5M)(19.9M)(19.5M)(20.5M)
Accounts Payable906.7K979.6K1.3M3.2M2.6M2.7M
Cash326.6K893.6K12.1M2.3M1.4M1.2M
Non Current Assets Total6.2M6.1M11.3M8.7M8.8M5.3M
Cash And Short Term Investments326.6K893.6K12.1M11.3M12.7M13.4M
Net Receivables691.4K554.6K2.4M3.5M1.3M752.7K
Common Stock Shares Outstanding3.2M3.4M6.3M6.8M7.2M7.6M
Liabilities And Stockholders Equity7.3M7.8M26.3M24.1M23.3M24.5M
Non Current Liabilities Total1.9M1.5M748.4K609.3K37.9K36.0K
Other Stockholder Equity17.5M17.6M38.2M39.0M39.5M20.0M
Total Liab5.6M5.8M3.7M5.1M3.5M4.4M
Property Plant And Equipment Gross2.5M2.5M7.0M7.4M7.9M8.3M
Total Current Assets1.1M1.7M15.1M15.4M14.5M15.2M
Common Stock128.4K128.5K6.7K6.8K6.9K6.5K
Short Long Term Debt Total3.3M3.3M2.0M1.7M601.5K571.4K
Current Deferred Revenue432.9K461.9K366.9K281.1K336.2K500.9K
Short Term Debt1.4M1.8M1.3M1.0M563.5K1.0M
Intangible Assets649.9K455.9K2.3M2.0M1.7M968.8K
Other Current Assets80.7K239.5K536.4K41.3K513.2K538.8K
Net Tangible Assets(2.1M)(1.9M)(1.5M)13.9M16.0M16.8M
Property Plant Equipment1.3M2.5M2.5M2.4M2.7M1.6M
Capital Lease Obligations2.9M2.8M2.0M1.7M601.5K571.4K
Net Invested Capital2.2M2.5M22.7M19.1M20.0M11.1M
Net Working Capital(2.6M)(2.7M)12.1M10.9M11.0M11.6M
Capital Stock129.8K129.9K6.7K6.8K6.9K6.5K
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Data Storage in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Data Storage's short interest history, or implied volatility extrapolated from Data Storage options trading.

Pair Trading with Data Storage

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Data Storage position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Data Storage will appreciate offsetting losses from the drop in the long position's value.

Moving together with Data Stock

  0.76FI Fiserv Inc Symbol ChangePairCorr

Moving against Data Stock

  0.68UIS Unisys Earnings Call This WeekPairCorr
  0.65VYX NCR Voyix Symbol ChangePairCorr
  0.56DMRC DigimarcPairCorr
  0.53AUR Aurora InnovationPairCorr
  0.49G Genpact Limited Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Data Storage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Data Storage when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Data Storage - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Data Storage Corp to buy it.
The correlation of Data Storage is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Data Storage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Data Storage Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Data Storage can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Data Storage Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Data Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Data Storage Corp Stock. Highlighted below are key reports to facilitate an investment decision about Data Storage Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Data Storage Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Data Stock please use our How to Invest in Data Storage guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Data Stock analysis

When running Data Storage's price analysis, check to measure Data Storage'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 Data Storage is operating at the current time. Most of Data Storage's value examination focuses on studying past and present price action to predict the probability of Data Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Data Storage's price. Additionally, you may evaluate how the addition of Data Storage to your portfolios can decrease your overall portfolio volatility.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
CEOs Directory
Screen CEOs from public companies around the world
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Stocks Directory
Find actively traded stocks across global markets
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Is Data Storage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Data Storage. If investors know Data will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Data Storage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.63)
Earnings Share
0.05
Revenue Per Share
3.648
Quarterly Revenue Growth
0.037
Return On Assets
(0)
The market value of Data Storage Corp is measured differently than its book value, which is the value of Data that is recorded on the company's balance sheet. Investors also form their own opinion of Data Storage's value that differs from its market value or its book value, called intrinsic value, which is Data Storage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Data Storage's market value can be influenced by many factors that don't directly affect Data Storage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Data Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Data Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Data Storage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.