| DKM Stock | | | 0.11 0.00 0.00% |
Duketon Mining financial indicator trend analysis is much more than just examining Duketon Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Duketon Mining is a good investment. Please check the relationship between Duketon Mining Total Current Assets and its Depreciation And Amortization accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duketon Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Total Current Assets vs Depreciation And Amortization
Total Current Assets vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Duketon Mining Total Current Assets account and
Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Duketon Mining's Total Current Assets and Depreciation And Amortization is -0.48. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Duketon Mining, assuming nothing else is changed. The correlation between historical values of Duketon Mining's Total Current Assets and Depreciation And Amortization 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 Current Assets of Duketon Mining are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Current Assets i.e., Duketon Mining's Total Current Assets and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.48 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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.
Most indicators from Duketon Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Duketon Mining 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 Duketon Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Duketon Mining's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is expected to grow at the current pace this year, whereas
Issuance Of Capital Stock is likely to drop slightly above 68.3
K in 2024.
Duketon Mining fundamental ratios Correlations
Click cells to compare fundamentals
Duketon Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Duketon Mining fundamental ratios Accounts
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