DatChat Total Current Liabilities vs Non Current Assets Total Analysis

DATS Stock  USD 1.05  0.03  2.78%   
DatChat financial indicator trend analysis is much more than just examining DatChat latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DatChat is a good investment. Please check the relationship between DatChat Total Current Liabilities and its Non Current Assets Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DatChat. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy DatChat Stock please use our How to Invest in DatChat guide.

Total Current Liabilities vs Non Current Assets Total

Total Current Liabilities vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DatChat Total Current Liabilities account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between DatChat's Total Current Liabilities and Non Current Assets Total is 0.62. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of DatChat, assuming nothing else is changed. The correlation between historical values of DatChat's Total Current Liabilities and Non Current Assets Total 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 Liabilities of DatChat are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Liabilities i.e., DatChat's Total Current Liabilities and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on DatChat balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of DatChat are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from DatChat's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DatChat 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 DatChat. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy DatChat Stock please use our How to Invest in DatChat guide.Sales General And Administrative To Revenue is likely to gain to 3,316 in 2024, whereas Selling General Administrative is likely to drop slightly above 2 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization45.5K1.3M89.5K85.0K
Interest Income3.5K12.3K10.3K5.8K

DatChat fundamental ratios Correlations

0.58-0.70.860.720.62-0.40.270.62-0.360.620.63-0.470.460.62-0.190.62-0.340.570.620.620.550.20.620.61-0.48
0.58-0.930.840.890.81-0.560.70.85-0.740.850.89-0.480.470.880.020.85-0.81.00.860.920.690.050.920.94-0.86
-0.7-0.93-0.83-0.92-0.660.73-0.73-0.70.82-0.71-0.740.3-0.28-0.75-0.21-0.70.82-0.94-0.69-0.79-0.480.19-0.81-0.840.87
0.860.84-0.830.930.9-0.350.340.91-0.640.910.9-0.70.680.89-0.260.91-0.480.810.870.890.750.130.910.89-0.79
0.720.89-0.920.930.83-0.490.480.83-0.780.830.85-0.520.510.85-0.020.83-0.580.870.820.890.61-0.080.920.93-0.87
0.620.81-0.660.90.83-0.080.190.99-0.550.990.97-0.850.840.96-0.450.99-0.370.770.940.920.860.30.950.9-0.74
-0.4-0.560.73-0.35-0.49-0.08-0.9-0.140.61-0.15-0.15-0.10.12-0.14-0.37-0.140.86-0.58-0.23-0.32-0.120.43-0.34-0.370.53
0.270.7-0.730.340.480.19-0.90.25-0.550.260.310.06-0.080.290.370.25-0.940.730.380.470.26-0.210.450.51-0.53
0.620.85-0.70.910.830.99-0.140.25-0.571.00.98-0.830.820.97-0.421.0-0.450.810.940.920.870.290.950.9-0.77
-0.36-0.740.82-0.64-0.78-0.550.61-0.55-0.57-0.58-0.540.29-0.26-0.54-0.2-0.570.69-0.73-0.47-0.58-0.250.6-0.67-0.650.96
0.620.85-0.710.910.830.99-0.150.261.0-0.580.98-0.830.820.97-0.411.0-0.450.810.940.920.860.280.950.9-0.78
0.630.89-0.740.90.850.97-0.150.310.98-0.540.98-0.720.711.0-0.270.98-0.470.860.940.940.820.330.950.93-0.74
-0.47-0.480.3-0.7-0.52-0.85-0.10.06-0.830.29-0.83-0.72-1.0-0.680.84-0.830.1-0.41-0.81-0.7-0.9-0.39-0.74-0.630.48
0.460.47-0.280.680.510.840.12-0.080.82-0.260.820.71-1.00.67-0.850.82-0.070.390.80.690.890.410.730.61-0.46
0.620.88-0.750.890.850.96-0.140.290.97-0.540.971.0-0.680.67-0.220.97-0.460.860.920.930.780.320.930.92-0.74
-0.190.02-0.21-0.26-0.02-0.45-0.370.37-0.42-0.2-0.41-0.270.84-0.85-0.22-0.41-0.30.1-0.44-0.27-0.68-0.52-0.29-0.16-0.03
0.620.85-0.70.910.830.99-0.140.251.0-0.571.00.98-0.830.820.97-0.41-0.450.810.940.920.860.290.950.9-0.77
-0.34-0.80.82-0.48-0.58-0.370.86-0.94-0.450.69-0.45-0.470.1-0.07-0.46-0.3-0.45-0.83-0.47-0.55-0.340.23-0.56-0.580.71
0.571.0-0.940.810.870.77-0.580.730.81-0.730.810.86-0.410.390.860.10.81-0.830.820.890.630.040.890.91-0.84
0.620.86-0.690.870.820.94-0.230.380.94-0.470.940.94-0.810.80.92-0.440.94-0.470.820.980.940.390.970.95-0.67
0.620.92-0.790.890.890.92-0.320.470.92-0.580.920.94-0.70.690.93-0.270.92-0.550.890.980.860.260.990.99-0.75
0.550.69-0.480.750.610.86-0.120.260.87-0.250.860.82-0.90.890.78-0.680.86-0.340.630.940.860.550.850.78-0.47
0.20.050.190.13-0.080.30.43-0.210.290.60.280.33-0.390.410.32-0.520.290.230.040.390.260.550.170.160.37
0.620.92-0.810.910.920.95-0.340.450.95-0.670.950.95-0.740.730.93-0.290.95-0.560.890.970.990.850.170.98-0.82
0.610.94-0.840.890.930.9-0.370.510.9-0.650.90.93-0.630.610.92-0.160.9-0.580.910.950.990.780.160.98-0.79
-0.48-0.860.87-0.79-0.87-0.740.53-0.53-0.770.96-0.78-0.740.48-0.46-0.74-0.03-0.770.71-0.84-0.67-0.75-0.470.37-0.82-0.79
Click cells to compare fundamentals

DatChat 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 DatChat Stock Analysis

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