DIAMINES Total Revenue vs Non Current Assets Total Analysis
DIAMINESQ | 528.85 14.30 2.78% |
DIAMINES AND financial indicator trend analysis is much more than just examining DIAMINES AND CHEMICALS latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DIAMINES AND CHEMICALS is a good investment. Please check the relationship between DIAMINES AND Total Revenue and its Non Current Assets Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DIAMINES AND CHEMICALS. 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.
Total Revenue vs Non Current Assets Total
Total Revenue vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DIAMINES AND CHEMICALS Total Revenue account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between DIAMINES AND's Total Revenue and Non Current Assets Total is 0.79. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of DIAMINES AND CHEMICALS, assuming nothing else is changed. The correlation between historical values of DIAMINES AND's Total Revenue and Non Current Assets Total 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 Revenue of DIAMINES AND CHEMICALS are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Revenue i.e., DIAMINES AND's Total Revenue and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts DIAMINES AND CHEMICALS generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from DIAMINES AND's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DIAMINES AND CHEMICALS 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 DIAMINES AND CHEMICALS. 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. As of December 15, 2024, Selling General Administrative is expected to decline to about 22.9 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 384.1M | 827.6M | 531.2M | 591.1M | Total Revenue | 658.9M | 1.1B | 1.0B | 904.8M |
DIAMINES AND fundamental ratios Correlations
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DIAMINES AND 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.Other Information on Investing in DIAMINES Stock
Balance Sheet is a snapshot of the financial position of DIAMINES AND CHEMICALS at a specified time, usually calculated after every quarter, six months, or one year. DIAMINES AND Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DIAMINES AND 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 DIAMINES currently owns. An asset can also be divided into two categories, current and non-current.