Trump Depreciation vs Change In Working Capital Analysis
DJT Stock | 36.08 0.95 2.57% |
Trump Media financial indicator trend analysis is much more than just breaking down Trump Media Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trump Media Technology is a good investment. Please check the relationship between Trump Media Depreciation and its Change In Working Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Trump Media Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Depreciation vs Change In Working Capital
Depreciation vs Change In Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trump Media Technology Depreciation account and Change In Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Trump Media's Depreciation and Change In Working Capital is -0.7. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Trump Media Technology, assuming nothing else is changed. The correlation between historical values of Trump Media's Depreciation and Change In Working Capital 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 of Trump Media Technology are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Depreciation i.e., Trump Media's Depreciation and Change In Working Capital go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Depreciation
Depreciation indicates how much of Trump Media Technology value has been used up. For tax purposes Trump Media can deduct the cost of the tangible assets it purchases as business expenses. However, Trump Media Technology must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.Most indicators from Trump Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trump Media Technology 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 Trump Media Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. Tax Provision is likely to gain to about 3.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.2 M in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Interest Income | 7.1K | 4.3M | 12.9M | 13.6M | Net Interest Income | 7.1K | 4.3M | 12.9M | 13.6M |
Trump Media fundamental ratios Correlations
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Trump Media Account Relationship Matchups
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When running Trump Media's price analysis, check to measure Trump Media'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 Trump Media is operating at the current time. Most of Trump Media's value examination focuses on studying past and present price action to predict the probability of Trump Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trump Media's price. Additionally, you may evaluate how the addition of Trump Media to your portfolios can decrease your overall portfolio volatility.