| DEN Stock | | | 44.64 0.12 0.27% |
Den Networks financial indicator trend analysis is much more than just examining Den Networks Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Den Networks Limited is a good investment. Please check the relationship between Den Networks Total Assets and its Intangible Assets accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Den Networks Limited. 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.
Total Assets vs Intangible Assets
Total Assets vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Den Networks Limited Total Assets account and
Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Den Networks' Total Assets and Intangible Assets is -0.33. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Den Networks Limited, assuming nothing else is changed. The correlation between historical values of Den Networks' Total Assets 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 Total Assets of Den Networks Limited 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 Total Assets i.e., Den Networks' Total Assets and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.33 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Den Networks assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Den Networks Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Den Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Den Networks Limited 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 Den Networks Limited. 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.
The current year's
Tax Provision is expected to grow to about 334.2
M, whereas
Selling General Administrative is forecasted to decline to about 658
M.
Den Networks fundamental ratios Correlations
Click cells to compare fundamentals
Den Networks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Den Networks fundamental ratios Accounts
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Other Information on Investing in Den Stock
Balance Sheet is a snapshot of the
financial position of Den Networks Limited at a specified time, usually calculated after every quarter, six months, or one year. Den Networks Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Den Networks 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 Den currently owns. An asset can also be divided into two categories, current and non-current.