002798 Stock | | | 4.44 0.10 2.30% |
DO Home financial indicator trend analysis is much more than just examining DO Home Collection latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DO Home Collection is a good investment. Please check the relationship between DO Home Current Deferred Revenue and its Intangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in DO Home Collection. 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.
Current Deferred Revenue vs Intangible Assets
Current Deferred Revenue vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DO Home Collection Current Deferred Revenue account and
Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between DO Home's Current Deferred Revenue and Intangible Assets is 0.77. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of DO Home Collection, assuming nothing else is changed. The correlation between historical values of DO Home's Current Deferred Revenue and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of DO Home Collection are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Current Deferred Revenue i.e., DO Home's Current Deferred Revenue and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from DO Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DO Home Collection 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in DO Home Collection. 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.
As of November 29, 2024,
Selling General Administrative is expected to decline to about 408.9
M. The current year's
Tax Provision is expected to grow to about (57.5
M)
DO Home fundamental ratios Correlations
Click cells to compare fundamentals
DO Home Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DO Home fundamental ratios Accounts
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Other Information on Investing in 002798 Stock
Balance Sheet is a snapshot of the
financial position of DO Home Collection at a specified time, usually calculated after every quarter, six months, or one year. DO Home Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DO Home and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 002798 currently owns. An asset can also be divided into two categories, current and non-current.