DIH Inventory vs Other Current Assets Analysis
DHAIW Stock | 0.04 0.01 33.00% |
DIH Holding financial indicator trend analysis is much more than just examining DIH Holding US, latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DIH Holding US, is a good investment. Please check the relationship between DIH Holding Inventory and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DIH Holding US,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Inventory vs Other Current Assets
Inventory vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DIH Holding US, Inventory account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between DIH Holding's Inventory and Other Current Assets is 0.84. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of DIH Holding US,, assuming nothing else is changed. The correlation between historical values of DIH Holding's Inventory 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 Inventory of DIH Holding US, 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 Inventory i.e., DIH Holding's Inventory and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Inventory
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 DIH Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DIH Holding US, 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 DIH Holding US,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, DIH Holding's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to climb to about 44.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 49.0M | 55.0M | 64.5M | 59.4M | Depreciation And Amortization | 1.4M | 203K | 302K | 558.6K |
DIH Holding fundamental ratios Correlations
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DIH Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for DIH Stock Analysis
When running DIH Holding's price analysis, check to measure DIH Holding'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 DIH Holding is operating at the current time. Most of DIH Holding's value examination focuses on studying past and present price action to predict the probability of DIH Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DIH Holding's price. Additionally, you may evaluate how the addition of DIH Holding to your portfolios can decrease your overall portfolio volatility.