DigiAsia Capital Lease Obligations vs Net Invested Capital Analysis

FAAS Stock   3.65  0.10  2.67%   
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 Capital Lease Obligations and its Net Invested Capital 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.

Capital Lease Obligations vs Net Invested Capital

Capital Lease Obligations vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DigiAsia Corp Capital Lease Obligations account and Net Invested Capital. At this time, the significance of the direction appears to have almost no relationship.
The correlation between DigiAsia Corp's Capital Lease Obligations and Net Invested Capital is 0.17. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Net Invested Capital 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 Capital Lease Obligations and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of DigiAsia Corp are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Capital Lease Obligations i.e., DigiAsia Corp's Capital Lease Obligations and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capital Lease Obligations

DigiAsia Corp capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to DigiAsia Corp asset purchases. For example, DigiAsia Corp can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as DigiAsia Corp control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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 Amortization2.0M2.0M2.3M2.2M
Interest Income27.5K44.5K2.0M2.1M

DigiAsia Corp fundamental ratios Correlations

0.92-0.9-0.74-0.47-0.82-0.670.910.2-0.56-0.570.83-0.670.74-0.57-0.81-0.420.68-0.880.62-0.80.730.780.180.62-0.83
0.92-0.97-0.8-0.41-0.93-0.51.00.13-0.52-0.520.91-0.50.9-0.52-0.93-0.480.81-0.930.72-0.760.890.820.210.75-0.87
-0.9-0.970.920.620.990.68-0.98-0.380.720.72-0.980.68-0.950.720.980.68-0.920.99-0.870.89-0.95-0.940.05-0.880.97
-0.74-0.80.920.850.960.82-0.84-0.690.910.91-0.980.82-0.930.910.950.91-0.990.96-0.990.96-0.95-1.00.42-0.980.99
-0.47-0.410.620.850.670.94-0.45-0.960.990.99-0.730.94-0.610.990.640.95-0.790.72-0.860.89-0.65-0.850.79-0.820.8
-0.82-0.930.990.960.670.67-0.95-0.450.760.76-1.00.67-0.990.761.00.77-0.970.99-0.930.89-0.99-0.960.15-0.940.97
-0.67-0.50.680.820.940.67-0.53-0.850.940.94-0.731.0-0.560.940.630.81-0.720.76-0.770.93-0.59-0.840.59-0.720.82
0.911.0-0.98-0.84-0.45-0.95-0.530.19-0.57-0.570.93-0.530.93-0.57-0.96-0.540.85-0.950.77-0.790.920.850.150.79-0.89
0.20.13-0.38-0.69-0.96-0.45-0.850.19-0.92-0.910.52-0.850.4-0.91-0.42-0.890.62-0.490.73-0.730.440.67-0.930.68-0.61
-0.56-0.520.720.910.990.760.94-0.57-0.921.0-0.810.94-0.71.00.730.96-0.860.8-0.910.94-0.73-0.910.71-0.880.87
-0.57-0.520.720.910.990.760.94-0.57-0.911.0-0.810.94-0.711.00.730.96-0.860.8-0.910.94-0.74-0.910.7-0.880.88
0.830.91-0.98-0.98-0.73-1.0-0.730.930.52-0.81-0.81-0.730.97-0.81-0.99-0.80.97-0.990.94-0.930.980.98-0.220.95-0.99
-0.67-0.50.680.820.940.671.0-0.53-0.850.940.94-0.73-0.560.940.630.81-0.720.76-0.770.93-0.59-0.840.59-0.720.82
0.740.9-0.95-0.93-0.61-0.99-0.560.930.4-0.7-0.710.97-0.56-0.71-0.99-0.750.97-0.950.92-0.821.00.92-0.140.94-0.93
-0.57-0.520.720.910.990.760.94-0.57-0.911.01.0-0.810.94-0.710.730.96-0.860.8-0.910.94-0.74-0.910.7-0.880.88
-0.81-0.930.980.950.641.00.63-0.96-0.420.730.73-0.990.63-0.990.730.75-0.960.98-0.920.87-0.99-0.940.12-0.930.96
-0.42-0.480.680.910.950.770.81-0.54-0.890.960.96-0.80.81-0.750.960.75-0.90.77-0.950.87-0.79-0.890.75-0.930.84
0.680.81-0.92-0.99-0.79-0.97-0.720.850.62-0.86-0.860.97-0.720.97-0.86-0.96-0.9-0.950.99-0.910.980.97-0.381.0-0.96
-0.88-0.930.990.960.720.990.76-0.95-0.490.80.8-0.990.76-0.950.80.980.77-0.95-0.910.94-0.95-0.970.17-0.920.99
0.620.72-0.87-0.99-0.86-0.93-0.770.770.73-0.91-0.910.94-0.770.92-0.91-0.92-0.950.99-0.91-0.920.940.97-0.511.0-0.95
-0.8-0.760.890.960.890.890.93-0.79-0.730.940.94-0.930.93-0.820.940.870.87-0.910.94-0.92-0.84-0.980.43-0.90.97
0.730.89-0.95-0.95-0.65-0.99-0.590.920.44-0.73-0.740.98-0.591.0-0.74-0.99-0.790.98-0.950.94-0.840.93-0.190.96-0.94
0.780.82-0.94-1.0-0.85-0.96-0.840.850.67-0.91-0.910.98-0.840.92-0.91-0.94-0.890.97-0.970.97-0.980.93-0.390.96-1.0
0.180.210.050.420.790.150.590.15-0.930.710.7-0.220.59-0.140.70.120.75-0.380.17-0.510.43-0.19-0.39-0.460.3
0.620.75-0.88-0.98-0.82-0.94-0.720.790.68-0.88-0.880.95-0.720.94-0.88-0.93-0.931.0-0.921.0-0.90.960.96-0.46-0.94
-0.83-0.870.970.990.80.970.82-0.89-0.610.870.88-0.990.82-0.930.880.960.84-0.960.99-0.950.97-0.94-1.00.3-0.94
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DigiAsia Corp Account Relationship Matchups

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