Dhampur Cash vs Other Current Assets Analysis

DBOL Stock   129.11  1.36  1.06%   
Dhampur Bio financial indicator trend analysis is much more than just examining Dhampur Bio Organics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dhampur Bio Organics is a good investment. Please check the relationship between Dhampur Bio Cash and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dhampur Bio Organics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash vs Other Current Assets

Cash vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dhampur Bio Organics Cash account and Other Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Dhampur Bio's Cash and Other Current Assets is -0.81. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Dhampur Bio Organics, assuming nothing else is changed. The correlation between historical values of Dhampur Bio's Cash and Other Current 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 Cash of Dhampur Bio Organics are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Cash i.e., Dhampur Bio's Cash and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Cash

Cash refers to the most liquid asset of Dhampur Bio Organics, which is listed under current asset account on Dhampur Bio Organics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Dhampur Bio customers. The amounts must be unrestricted with restricted cash listed in a different Dhampur Bio account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Dhampur Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dhampur Bio Organics 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 Dhampur Bio Organics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to drop to about 186 M in 2024. Selling General Administrative is likely to drop to about 138.6 M in 2024
 2021 2022 2023 2024 (projected)
Other Operating Expenses13.7B22.6B17.6B14.8B
Depreciation And Amortization312.9M405.3M494.8M333.6M

Dhampur Bio fundamental ratios Correlations

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Dhampur Bio Account Relationship Matchups

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