| 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 Operating Income and its Other 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.
Operating Income vs Other Operating Expenses
Operating Income vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DiGiSPICE Technologies Operating Income account and
Other Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between DiGiSPICE Technologies' Operating Income and Other Operating Expenses is -0.15. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Other 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' Operating Income and Other 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 Operating Income of DiGiSPICE Technologies Limited are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Operating Income i.e., DiGiSPICE Technologies' Operating Income and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.15 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from DiGiSPICE Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of DiGiSPICE Technologies Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of DiGiSPICE Technologies. It is also known as DiGiSPICE Technologies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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.
DiGiSPICE Technologies fundamental ratios Correlations
Click cells to compare fundamentals
DiGiSPICE Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DiGiSPICE Technologies fundamental ratios Accounts
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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 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.