DIGISPICE | | | 26.71 0.21 0.79% |
DiGiSPICE Technologies financial indicator trend analysis is much more than just examining DiGiSPICE Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DiGiSPICE Technologies is a good investment. Please check the relationship between DiGiSPICE Technologies Depreciation And Amortization and its Total Operating Expenses accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DiGiSPICE Technologies 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 state.
Depreciation And Amortization vs Total Operating Expenses
Depreciation And Amortization vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DiGiSPICE Technologies Depreciation And Amortization account and
Total Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between DiGiSPICE Technologies' Depreciation And Amortization and Total Operating Expenses is 0.82. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of DiGiSPICE Technologies Limited, assuming nothing else is changed. The correlation between historical values of DiGiSPICE Technologies' Depreciation And Amortization and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of DiGiSPICE Technologies Limited are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Depreciation And Amortization i.e., DiGiSPICE Technologies' Depreciation And Amortization and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from DiGiSPICE Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DiGiSPICE Technologies 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 DiGiSPICE Technologies 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 state.
As of now, DiGiSPICE Technologies'
Discontinued Operations is increasing as compared to previous years. The DiGiSPICE Technologies' current
Issuance Of Capital Stock is estimated to increase to about 12.7
M, while
Selling General Administrative is projected to decrease to under 239.4
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 5.5M | 13.0M | 20.2M | 32.5M | Depreciation And Amortization | 189.4M | 245.6M | 112.7M | 192.2M |
DiGiSPICE Technologies fundamental ratios Correlations
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DiGiSPICE Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DiGiSPICE Technologies fundamental ratios Accounts
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Other Information on Investing in DiGiSPICE Stock
Balance Sheet is a snapshot of the
financial position of DiGiSPICE Technologies at a specified time, usually calculated after every quarter, six months, or one year. DiGiSPICE Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DiGiSPICE Technologies 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 DiGiSPICE currently owns. An asset can also be divided into two categories, current and non-current.