Data Total Current Assets vs Current Deferred Revenue Analysis

DTST Stock

USD 5.13 0.49 10.56%

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 Total Current Assets and its Current Deferred Revenue 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.

Total Current Assets vs Current Deferred Revenue

Total Current Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Data Storage Corp Total Current Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Data Storage's Total Current Assets and Current Deferred Revenue is -0.31. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Current Deferred Revenue 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 Total Current Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Data Storage Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Assets i.e., Data Storage's Total Current Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.31

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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 Expense	126.7K	130.1K	74.5K	70.8K
Depreciation And Amortization	1.3M	1.2M	1.4M	736.2K

Interest Expense Depreciation And Amortization

Data Storage fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Intangible Assets	Good Will
Total Assets		0.84	0.29	0.99	0.63	-0.69	-0.69	0.82	0.65	0.82	0.37	0.98	0.8	0.67	0.95	-0.76	0.85	-0.07	0.98	0.99	-0.43	-0.23	-0.24	0.07	0.85	0.79
Other Current Liab	0.84		0.21	0.84	0.53	-0.52	-0.67	0.63	0.46	0.63	0.28	0.85	0.37	0.65	0.85	-0.71	0.63	-0.07	0.86	0.81	-0.31	-0.24	-0.1	0.08	0.57	0.65
Total Current Liabilities	0.29	0.21		0.2	0.45	0.17	-0.77	0.53	0.0	0.53	0.24	0.16	0.36	0.52	0.34	-0.29	0.5	0.83	0.25	0.2	0.36	0.53	0.52	0.66	0.29	0.52
Total Stockholder Equity	0.99	0.84	0.2		0.59	-0.73	-0.63	0.79	0.65	0.79	0.36	0.99	0.78	0.64	0.93	-0.78	0.82	-0.17	0.97	0.99	-0.47	-0.31	-0.28	-0.02	0.84	0.77
Property Plant And Equipment Net	0.63	0.53	0.45	0.59		-0.29	-0.52	0.45	0.39	0.8	0.5	0.54	0.56	0.59	0.69	-0.24	0.64	0.3	0.69	0.56	0.01	0.25	-0.22	0.33	0.68	0.58
Net Debt	-0.69	-0.52	0.17	-0.73	-0.29		0.12	-0.25	-0.95	-0.64	-0.45	-0.68	-0.61	-0.26	-0.52	0.44	-0.58	0.44	-0.6	-0.69	0.48	0.29	0.25	0.11	-0.72	-0.68
Retained Earnings	-0.69	-0.67	-0.77	-0.63	-0.52	0.12		-0.77	-0.19	-0.67	-0.18	-0.62	-0.54	-0.83	-0.79	0.63	-0.75	-0.49	-0.66	-0.63	-0.14	-0.21	-0.17	-0.45	-0.5	-0.71
Accounts Payable	0.82	0.63	0.53	0.79	0.45	-0.25	-0.77		0.17	0.6	0.2	0.8	0.69	0.6	0.79	-0.83	0.73	0.13	0.81	0.82	-0.32	-0.29	0.05	0.0	0.64	0.59
Cash	0.65	0.46	0.0	0.65	0.39	-0.95	-0.19	0.17		0.73	0.48	0.59	0.62	0.31	0.5	-0.3	0.61	-0.2	0.54	0.61	-0.31	0.03	-0.22	0.18	0.72	0.74
Non Current Assets Total	0.82	0.63	0.53	0.79	0.8	-0.64	-0.67	0.6	0.73		0.6	0.71	0.79	0.71	0.79	-0.53	0.92	0.18	0.76	0.74	-0.06	0.16	-0.04	0.3	0.9	0.94
Non Currrent Assets Other	0.37	0.28	0.24	0.36	0.5	-0.45	-0.18	0.2	0.48	0.6		0.24	0.3	0.41	0.33	-0.32	0.33	0.05	0.32	0.26	0.16	0.02	0.32	0.05	0.56	0.52
Cash And Short Term Investments	0.98	0.85	0.16	0.99	0.54	-0.68	-0.62	0.8	0.59	0.71	0.24		0.73	0.58	0.92	-0.77	0.78	-0.2	0.98	1.0	-0.55	-0.36	-0.32	-0.04	0.79	0.69
Net Receivables	0.8	0.37	0.36	0.78	0.56	-0.61	-0.54	0.69	0.62	0.79	0.3	0.73		0.53	0.72	-0.53	0.85	0.02	0.73	0.79	-0.27	-0.05	-0.26	0.09	0.83	0.73
Common Stock Total Equity	0.67	0.65	0.52	0.64	0.59	-0.26	-0.83	0.6	0.31	0.71	0.41	0.58	0.53		0.82	-0.65	0.69	0.21	0.64	0.59	0.36	0.13	0.04	0.28	0.48	0.74
Common Stock Shares Outstanding	0.95	0.85	0.34	0.93	0.69	-0.52	-0.79	0.79	0.5	0.79	0.33	0.92	0.72	0.82		-0.72	0.82	0.02	0.95	0.92	-0.21	-0.11	-0.29	0.15	0.76	0.75
Non Current Liabilities Total	-0.76	-0.71	-0.29	-0.78	-0.24	0.44	0.63	-0.83	-0.3	-0.53	-0.32	-0.77	-0.53	-0.65	-0.72		-0.66	0.22	-0.71	-0.77	0.22	0.5	-0.14	0.2	-0.55	-0.65
Other Stockholder Equity	0.85	0.63	0.5	0.82	0.64	-0.58	-0.75	0.73	0.61	0.92	0.33	0.78	0.85	0.69	0.82	-0.66		0.07	0.78	0.81	-0.17	0.0	-0.12	0.16	0.88	0.91
Total Liab	-0.07	-0.07	0.83	-0.17	0.3	0.44	-0.49	0.13	-0.2	0.18	0.05	-0.2	0.02	0.21	0.02	0.22	0.07		-0.06	-0.16	0.44	0.77	0.45	0.81	-0.06	0.11
Property Plant And Equipment Gross	0.98	0.86	0.25	0.97	0.69	-0.6	-0.66	0.81	0.54	0.76	0.32	0.98	0.73	0.64	0.95	-0.71	0.78	-0.06		0.97	-0.46	-0.26	-0.31	0.05	0.81	0.69
Total Current Assets	0.99	0.81	0.2	0.99	0.56	-0.69	-0.63	0.82	0.61	0.74	0.26	1.0	0.79	0.59	0.92	-0.77	0.81	-0.16	0.97		-0.52	-0.33	-0.31	-0.02	0.82	0.72
Common Stock	-0.43	-0.31	0.36	-0.47	0.01	0.48	-0.14	-0.32	-0.31	-0.06	0.16	-0.55	-0.27	0.36	-0.21	0.22	-0.17	0.44	-0.46	-0.52		0.57	0.4	0.36	-0.39	-0.01
Short Long Term Debt Total	-0.23	-0.24	0.53	-0.31	0.25	0.29	-0.21	-0.29	0.03	0.16	0.02	-0.36	-0.05	0.13	-0.11	0.5	0.0	0.77	-0.26	-0.33	0.57		0.11	0.88	-0.11	0.09
Current Deferred Revenue	-0.24	-0.1	0.52	-0.28	-0.22	0.25	-0.17	0.05	-0.22	-0.04	0.32	-0.32	-0.26	0.04	-0.29	-0.14	-0.12	0.45	-0.31	-0.31	0.4	0.11		0.16	-0.2	0.11
Short Term Debt	0.07	0.08	0.66	-0.02	0.33	0.11	-0.45	0.0	0.18	0.3	0.05	-0.04	0.09	0.28	0.15	0.2	0.16	0.81	0.05	-0.02	0.36	0.88	0.16		0.03	0.27
Intangible Assets	0.85	0.57	0.29	0.84	0.68	-0.72	-0.5	0.64	0.72	0.9	0.56	0.79	0.83	0.48	0.76	-0.55	0.88	-0.06	0.81	0.82	-0.39	-0.11	-0.2	0.03		0.79
Good Will	0.79	0.65	0.52	0.77	0.58	-0.68	-0.71	0.59	0.74	0.94	0.52	0.69	0.73	0.74	0.75	-0.65	0.91	0.11	0.69	0.72	-0.01	0.09	0.11	0.27	0.79

Click cells to compare fundamentals

Data Storage Account Relationship Matchups

Data Storage fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.3M	7.8M	26.3M	24.1M	23.3M	24.5M
Other Current Liab	971.0K	1.1M	2.4M	880.5K	3.1M	3.3M
Total Current Liabilities	3.7M	4.4M	3.0M	4.5M	3.5M	3.2M
Total Stockholder Equity	1.8M	2.0M	22.7M	19.1M	20.0M	21.0M
Property Plant And Equipment Net	2.5M	2.5M	2.4M	2.4M	2.8M	1.5M
Net Debt	3.0M	2.4M	(10.1M)	(636.3K)	(827.3K)	(785.9K)
Retained Earnings	(15.8M)	(15.7M)	(15.5M)	(19.9M)	(19.5M)	(20.5M)
Accounts Payable	906.7K	979.6K	1.3M	3.2M	2.6M	2.7M
Cash	326.6K	893.6K	12.1M	2.3M	1.4M	1.2M
Non Current Assets Total	6.2M	6.1M	11.3M	8.7M	8.8M	5.3M
Cash And Short Term Investments	326.6K	893.6K	12.1M	11.3M	12.7M	13.4M
Net Receivables	691.4K	554.6K	2.4M	3.5M	1.3M	752.7K
Common Stock Shares Outstanding	3.2M	3.4M	6.3M	6.8M	7.2M	7.6M
Liabilities And Stockholders Equity	7.3M	7.8M	26.3M	24.1M	23.3M	24.5M
Non Current Liabilities Total	1.9M	1.5M	748.4K	609.3K	37.9K	36.0K
Other Stockholder Equity	17.5M	17.6M	38.2M	39.0M	39.5M	20.0M
Total Liab	5.6M	5.8M	3.7M	5.1M	3.5M	4.4M
Property Plant And Equipment Gross	2.5M	2.5M	7.0M	7.4M	7.9M	8.3M
Total Current Assets	1.1M	1.7M	15.1M	15.4M	14.5M	15.2M
Common Stock	128.4K	128.5K	6.7K	6.8K	6.9K	6.5K
Short Long Term Debt Total	3.3M	3.3M	2.0M	1.7M	601.5K	571.4K
Current Deferred Revenue	432.9K	461.9K	366.9K	281.1K	336.2K	500.9K
Short Term Debt	1.4M	1.8M	1.3M	1.0M	563.5K	1.0M
Intangible Assets	649.9K	455.9K	2.3M	2.0M	1.7M	968.8K
Other Current Assets	80.7K	239.5K	536.4K	41.3K	513.2K	538.8K
Net Tangible Assets	(2.1M)	(1.9M)	(1.5M)	13.9M	16.0M	16.8M
Property Plant Equipment	1.3M	2.5M	2.5M	2.4M	2.7M	1.6M
Capital Lease Obligations	2.9M	2.8M	2.0M	1.7M	601.5K	571.4K
Net Invested Capital	2.2M	2.5M	22.7M	19.1M	20.0M	11.1M
Net Working Capital	(2.6M)	(2.7M)	12.1M	10.9M	11.0M	11.6M
Capital Stock	129.8K	129.9K	6.7K	6.8K	6.9K	6.5K

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

0.82	FI	Fiserv Inc Symbol Change	Pair Corr
0.65	IT	Gartner Financial Report 7th of May 2024	Pair Corr

Moving against Data Stock

0.66	DMRC	Digimarc	Pair Corr
0.62	G	Genpact Limited Financial Report 8th of May 2024	Pair Corr
0.62	AUR	Aurora Innovation Buyout Trend	Pair Corr
0.57	DXC	DXC Technology Financial Report 16th of May 2024	Pair Corr
0.51	III	Information Services Financial Report 13th of May 2024	Pair Corr

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 Correlation Correlation 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:

How To Invest In Data

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Is Data Stock a good investment?

Details

What is Data Storage's Net Worth?

Details

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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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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.

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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.

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Data Total Current Assets vs Current Deferred Revenue Analysis

Total Current Assets vs Current Deferred Revenue

Total Current Assets vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Total Current Assets

Current Deferred Revenue

Data Storage fundamental ratios Correlations

Data Storage Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Data Storage fundamental ratios Accounts

Pair Trading with Data Storage

Moving together with Data Stock

Moving against Data Stock

Complementary Tools for Data Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Stockholder Equity	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.99	Total Stockholder Equity
Cash And Short Term Investments	+ 0.98	Total Assets

Cash	- 0.95	Net Debt
Non Current Liabilities Total	- 0.83	Accounts Payable
Common Stock Total Equity	- 0.83	Retained Earnings
Common Stock Shares Outstanding	- 0.79	Retained Earnings
Non Current Liabilities Total	- 0.78	Total Stockholder Equity
Total Current Assets	- 0.77	Non Current Liabilities Total