FAASW Stock | | | 0.13 0.00 0.00% |
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 Retained Earnings and its Net Working 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 state.
For more information on how to buy DigiAsia Stock please use our
How to Invest in DigiAsia Corp guide.
Retained Earnings vs Net Working Capital
Retained Earnings vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DigiAsia Corp Retained Earnings account and
Net Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between DigiAsia Corp's Retained Earnings and Net Working Capital is -0.75. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Working 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 Retained Earnings and Net Working 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 Retained Earnings of DigiAsia Corp are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Retained Earnings i.e., DigiAsia Corp's Retained Earnings and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.75 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Net Working Capital
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 state.
For more information on how to buy DigiAsia Stock please use our
How to Invest in DigiAsia Corp guide.
Sales General And Administrative To Revenue is likely to climb to 0.26 in 2024, whereas
Selling General Administrative is likely to drop slightly above 2
M in 2024.
DigiAsia Corp fundamental ratios Correlations
Click cells to compare fundamentals
DigiAsia Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for DigiAsia Stock Analysis
When running DigiAsia Corp's price analysis, check to
measure DigiAsia Corp'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 DigiAsia Corp is operating at the current time. Most of DigiAsia Corp's value examination focuses on studying past and present price action to
predict the probability of DigiAsia Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DigiAsia Corp's price. Additionally, you may evaluate how the addition of DigiAsia Corp to your portfolios can decrease your overall portfolio volatility.