DXC Non Operating Income Net Other vs Reconciled Depreciation Analysis

DXC Stock  USD 20.08  0.29  1.42%   
DXC Technology financial indicator trend analysis is much more than just examining DXC Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DXC Technology is a good investment. Please check the relationship between DXC Technology Non Operating Income Net Other and its Reconciled Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DXC Technology Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

Non Operating Income Net Other vs Reconciled Depreciation

Non Operating Income Net Other vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DXC Technology Non Operating Income Net Other account and Reconciled Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between DXC Technology's Non Operating Income Net Other and Reconciled Depreciation is -0.04. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of DXC Technology Co, assuming nothing else is changed. The correlation between historical values of DXC Technology's Non Operating Income Net Other and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of DXC Technology Co are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Non Operating Income Net Other i.e., DXC Technology's Non Operating Income Net Other and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Operating Income Net Other

Reconciled Depreciation

Most indicators from DXC Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DXC Technology 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 DXC Technology Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
At present, DXC Technology's Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 9.2 B, whereas Selling General Administrative is forecasted to decline to about 1.3 B.
 2021 2022 2023 2024 (projected)
Gross Profit3.6B3.2B3.7B2.4B
Total Revenue16.3B14.4B16.6B11.3B

DXC Technology fundamental ratios Correlations

0.860.940.980.920.830.81-0.270.820.990.840.820.960.940.870.160.820.970.960.90.980.960.90.950.850.86
0.860.820.850.650.880.98-0.610.790.840.850.790.810.870.990.10.90.910.850.770.870.910.810.770.770.97
0.940.820.980.820.90.76-0.390.810.920.870.810.940.940.850.170.830.950.950.860.890.860.920.890.860.79
0.980.850.980.870.870.8-0.330.820.970.840.820.960.950.860.170.830.970.960.930.950.940.910.930.850.83
0.920.650.820.870.570.620.010.610.930.720.610.860.80.670.250.70.790.820.790.890.850.740.940.740.63
0.830.880.90.870.570.82-0.560.880.780.80.880.870.880.90.080.780.930.910.770.770.810.880.710.740.88
0.810.980.760.80.620.82-0.640.660.820.840.660.750.840.960.030.890.870.770.740.860.890.770.730.760.95
-0.27-0.61-0.39-0.330.01-0.56-0.64-0.32-0.25-0.63-0.32-0.24-0.51-0.590.29-0.69-0.43-0.31-0.23-0.3-0.35-0.43-0.24-0.54-0.55
0.820.790.810.820.610.880.66-0.320.760.641.00.820.780.80.130.630.880.910.740.750.780.760.70.650.81
0.990.840.920.970.930.780.82-0.250.760.830.760.930.930.850.120.810.950.920.90.990.960.870.940.860.84
0.840.850.870.840.720.80.84-0.630.640.830.640.80.910.880.090.960.840.810.690.810.780.860.820.930.78
0.820.790.810.820.610.880.66-0.321.00.760.640.820.780.80.130.630.880.910.740.750.780.760.70.650.81
0.960.810.940.960.860.870.75-0.240.820.930.80.820.930.850.30.790.940.980.850.880.890.930.930.760.8
0.940.870.940.950.80.880.84-0.510.780.930.910.780.930.890.050.920.950.930.820.90.910.940.930.890.86
0.870.990.850.860.670.90.96-0.590.80.850.880.80.850.890.170.910.920.880.750.860.890.860.790.790.95
0.160.10.170.170.250.080.030.290.130.120.090.130.30.050.170.060.090.250.210.040.070.210.21-0.08-0.04
0.820.90.830.830.70.780.89-0.690.630.810.960.630.790.920.910.060.830.790.670.810.830.830.840.860.83
0.970.910.950.970.790.930.87-0.430.880.950.840.880.940.950.920.090.830.970.890.950.940.920.870.850.92
0.960.850.950.960.820.910.77-0.310.910.920.810.910.980.930.880.250.790.970.850.890.90.930.90.790.85
0.90.770.860.930.790.770.74-0.230.740.90.690.740.850.820.750.210.670.890.850.890.890.780.80.740.74
0.980.870.890.950.890.770.86-0.30.750.990.810.750.880.90.860.040.810.950.890.890.970.830.90.850.88
0.960.910.860.940.850.810.89-0.350.780.960.780.780.890.910.890.070.830.940.90.890.970.820.90.790.91
0.90.810.920.910.740.880.77-0.430.760.870.860.760.930.940.860.210.830.920.930.780.830.820.880.870.8
0.950.770.890.930.940.710.73-0.240.70.940.820.70.930.930.790.210.840.870.90.80.90.90.880.820.74
0.850.770.860.850.740.740.76-0.540.650.860.930.650.760.890.79-0.080.860.850.790.740.850.790.870.820.75
0.860.970.790.830.630.880.95-0.550.810.840.780.810.80.860.95-0.040.830.920.850.740.880.910.80.740.75
Click cells to compare fundamentals

DXC Technology Account Relationship Matchups

DXC Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.0B22.0B20.1B15.8B18.2B11.1B
Short Long Term Debt Total11.5B7.0B6.2B5.4B6.2B6.5B
Other Current Liab3.5B4.6B3.7B2.5B2.9B1.9B
Total Current Liabilities7.9B8.2B6.9B5.2B6.0B3.5B
Total Stockholder Equity5.1B5.3B5.4B3.8B4.4B4.0B
Property Plant And Equipment Net5.0B4.3B3.5B2.9B3.3B1.9B
Net Debt7.8B4B3.5B3.5B4.0B4.2B
Retained Earnings(5.2B)(5.3B)(4.5B)(4.7B)(4.2B)(4.0B)
Cash3.7B3.0B2.7B1.9B2.1B1.2B
Non Current Assets Total17.0B13.8B12.7B9.7B11.2B6.5B
Non Currrent Assets Other4.0B4.5B4.9B3.2B3.7B3.9B
Cash And Short Term Investments3.7B3.0B2.7B1.9B2.1B1.2B
Net Receivables4.4B4.2B3.9B3.4B4.0B2.7B
Common Stock Shares Outstanding258.6M254.1M255.2M229.0M263.3M177.5M
Liabilities And Stockholders Equity26.0B22.0B20.1B15.8B18.2B11.1B
Non Current Liabilities Total13.0B8.6B7.9B6.8B7.9B8.3B
Other Current Assets270M357M268M255M293.3M557.1M
Other Stockholder Equity10.9B10.9B10.2B9.3B10.6B11.2B
Total Liab20.9B16.7B14.8B12.0B13.8B7.0B
Total Current Assets9.0B8.2B7.4B6.1B7.0B4.6B
Short Term Debt1.8B1.6B1.3B817M939.6M540.4M
Intangible Assets5.7B4.0B3.4B2.6B3.0B1.6B
Accounts Payable1.6B914M840M782M899.3M621.4M
Other Liab2.9B3.2B3.2B3.0B3.5B1.9B
Current Deferred Revenue1.0B1.1B1.1B1.1B1.2B867.7M
Other Assets4.2B4.8B5.2B3.7B4.3B2.2B
Long Term Debt8.1B4.3B3.7B3.9B4.5B3.1B
Good Will2.0B641M617M539M619.9M588.9M
Accumulated Other Comprehensive Income(603M)(302M)(385M)(774M)(696.6M)(661.8M)
Treasury Stock(152M)(158M)(173M)(187M)(168.3M)(176.7M)
Property Plant Equipment5.0B4.3B3.5B2.9B3.3B2.7B
Property Plant And Equipment Gross5.0B4.3B3.5B2.9B3.3B2.8B
Inventory646M727M652M570M513M515.3M
Net Tangible Assets(3.0B)289M1.7B928M835.2M877.0M
Deferred Long Term Liab1.2B1.1B1.1B1.0B1.2B821.8M
Short Long Term Debt832M1.2B611M500M450M824.5M
Long Term Debt Total8.7B4.3B4.1B3.9B4.5B4.7B

Pair Trading with DXC Technology

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 DXC Technology 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 DXC Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with DXC Stock

  0.69G Genpact Limited Financial Report 8th of May 2024 PairCorr
  0.64DMRC DigimarcPairCorr

Moving against DXC Stock

  0.61FIS Fidelity NationalPairCorr
  0.57DTST Data Storage Corp Upward RallyPairCorr
  0.48FI Fiserv Inc Symbol ChangePairCorr
The ability to find closely correlated positions to DXC Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DXC Technology 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 DXC Technology - 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 DXC Technology Co to buy it.
The correlation of DXC Technology 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 DXC Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DXC Technology 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 DXC Technology 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 DXC Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DXC Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dxc Technology Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dxc Technology Co Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DXC Technology Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running DXC Technology's price analysis, check to measure DXC Technology'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 DXC Technology is operating at the current time. Most of DXC Technology's value examination focuses on studying past and present price action to predict the probability of DXC Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DXC Technology's price. Additionally, you may evaluate how the addition of DXC Technology to your portfolios can decrease your overall portfolio volatility.
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Is DXC Technology'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 DXC Technology. If investors know DXC 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 DXC Technology 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
2.24
Earnings Share
(1.85)
Revenue Per Share
67.173
Quarterly Revenue Growth
(0.05)
Return On Assets
(0.03)
The market value of DXC Technology is measured differently than its book value, which is the value of DXC that is recorded on the company's balance sheet. Investors also form their own opinion of DXC Technology's value that differs from its market value or its book value, called intrinsic value, which is DXC Technology'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 DXC Technology's market value can be influenced by many factors that don't directly affect DXC Technology'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 DXC Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if DXC Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DXC Technology'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.