Datametrex Accounts Payable vs Current Deferred Revenue Analysis

DM Stock  CAD 0.01  0.01  50.00%   
Datametrex financial indicator trend analysis is much more than just examining Datametrex AI latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Datametrex AI is a good investment. Please check the relationship between Datametrex Accounts Payable and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Datametrex AI. 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.

Accounts Payable vs Current Deferred Revenue

Accounts Payable vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datametrex AI Accounts Payable account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
Accounts PayableCurrent Deferred RevenueDiversified AwayAccounts PayableCurrent Deferred RevenueDiversified Away100%
The correlation between Datametrex's Accounts Payable and Current Deferred Revenue is -0.04. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Datametrex AI, assuming nothing else is changed. The correlation between historical values of Datametrex's Accounts Payable and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Datametrex AI are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Accounts Payable i.e., Datametrex's Accounts Payable and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Datametrex obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Datametrex AI are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Datametrex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Datametrex AI 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 Datametrex AI. 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, Datametrex's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 11.7 M in 2024, despite the fact that Tax Provision is likely to grow to (363.3 K).

Datametrex fundamental ratios Correlations

0.840.95-0.69-0.50.930.930.970.720.780.970.820.790.730.7-0.54-0.10.980.640.34-0.490.42-0.390.58-0.080.76
0.840.65-0.27-0.870.610.640.860.970.970.750.960.930.820.96-0.830.260.850.840.61-0.80.66-0.350.62-0.420.62
0.950.65-0.86-0.220.990.980.90.480.560.970.630.590.640.46-0.35-0.330.930.450.08-0.290.17-0.320.430.170.7
-0.69-0.27-0.86-0.23-0.9-0.88-0.68-0.05-0.11-0.79-0.23-0.17-0.48-0.070.090.61-0.67-0.10.4-0.010.320.16-0.06-0.5-0.46
-0.5-0.87-0.22-0.23-0.18-0.21-0.55-0.96-0.93-0.37-0.85-0.86-0.57-0.940.75-0.63-0.52-0.79-0.830.78-0.840.33-0.650.75-0.45
0.930.610.99-0.9-0.181.00.910.440.520.980.580.570.610.44-0.31-0.30.910.360.04-0.210.13-0.40.450.170.73
0.930.640.98-0.88-0.211.00.920.470.540.980.590.590.620.48-0.33-0.240.920.370.07-0.230.15-0.420.490.110.77
0.970.860.9-0.68-0.550.910.920.750.790.960.840.810.770.75-0.6-0.010.960.630.32-0.520.39-0.430.59-0.180.8
0.720.970.48-0.05-0.960.440.470.750.990.610.940.940.720.98-0.810.440.740.850.75-0.810.78-0.350.67-0.580.57
0.780.970.56-0.11-0.930.520.540.790.990.680.950.960.690.97-0.750.420.790.810.77-0.740.81-0.440.73-0.560.64
0.970.750.97-0.79-0.370.980.980.960.610.680.70.720.660.61-0.42-0.130.960.480.23-0.340.31-0.460.580.00.79
0.820.960.63-0.23-0.850.580.590.840.940.950.70.90.750.91-0.780.240.790.850.62-0.750.67-0.320.6-0.50.66
0.790.930.59-0.17-0.860.570.590.810.940.960.720.90.560.92-0.690.410.790.670.78-0.640.83-0.510.79-0.520.73
0.730.820.64-0.48-0.570.610.620.770.720.690.660.750.560.74-0.81-0.120.750.790.11-0.780.16-0.040.2-0.060.33
0.70.960.46-0.07-0.940.440.480.750.980.970.610.910.920.74-0.790.450.710.80.7-0.760.73-0.450.66-0.580.56
-0.54-0.83-0.350.090.75-0.31-0.33-0.6-0.81-0.75-0.42-0.78-0.69-0.81-0.79-0.13-0.54-0.75-0.370.95-0.41-0.1-0.220.28-0.25
-0.10.26-0.330.61-0.63-0.3-0.24-0.010.440.42-0.130.240.41-0.120.45-0.13-0.020.130.78-0.170.72-0.420.68-0.910.33
0.980.850.93-0.67-0.520.910.920.960.740.790.960.790.790.750.71-0.54-0.020.660.35-0.520.42-0.360.61-0.110.76
0.640.840.45-0.1-0.790.360.370.630.850.810.480.850.670.790.8-0.750.130.660.42-0.860.450.020.29-0.370.29
0.340.610.080.4-0.830.040.070.320.750.770.230.620.780.110.7-0.370.780.350.42-0.380.99-0.510.82-0.780.52
-0.49-0.8-0.29-0.010.78-0.21-0.23-0.52-0.81-0.74-0.34-0.75-0.64-0.78-0.760.95-0.17-0.52-0.86-0.38-0.41-0.23-0.180.32-0.15
0.420.660.170.32-0.840.130.150.390.780.810.310.670.830.160.73-0.410.720.420.450.99-0.41-0.520.83-0.740.56
-0.39-0.35-0.320.160.33-0.4-0.42-0.43-0.35-0.44-0.46-0.32-0.51-0.04-0.45-0.1-0.42-0.360.02-0.51-0.23-0.52-0.750.39-0.64
0.580.620.43-0.06-0.650.450.490.590.670.730.580.60.790.20.66-0.220.680.610.290.82-0.180.83-0.75-0.670.85
-0.08-0.420.17-0.50.750.170.11-0.18-0.58-0.560.0-0.5-0.52-0.06-0.580.28-0.91-0.11-0.37-0.780.32-0.740.39-0.67-0.46
0.760.620.7-0.46-0.450.730.770.80.570.640.790.660.730.330.56-0.250.330.760.290.52-0.150.56-0.640.85-0.46
Click cells to compare fundamentals

Datametrex Account Relationship Matchups

Datametrex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.9M10.0M42.6M36.0M12.7M11.2M
Total Current Liabilities5.0M6.1M9.4M9.4M7.5M7.8M
Total Stockholder Equity2.9M3.2M32.5M22.8M1.0M954.2K
Net Debt330.2K(1.5M)(15.1M)(4.4M)4.8M5.1M
Retained Earnings(27.7M)(32.7M)(23.6M)(40.8M)(64.8M)(61.5M)
Cash119.7K2.0M15.4M8.9M341.2K324.2K
Cash And Short Term Investments119.7K2.0M18.0M9.4M1.1M1.1M
Net Receivables1.1M1.7M5.7M3.4M2.2M1.3M
Common Stock Shares Outstanding224.1M254.3M324.8M387.2M404.9M425.1M
Liabilities And Stockholders Equity7.9M10.0M42.6M36.0M12.7M11.2M
Total Liab5.0M6.8M10.2M13.2M11.7M12.3M
Total Current Assets1.2M3.9M23.8M15.6M3.7M4.7M
Accumulated Other Comprehensive Income(14.9K)(17.3K)8.3M8.1M8.9M9.4M
Common Stock27.7M30.7M47.8M55.5M56.8M28.6M
Accounts Payable2.1M3.4M4.7M2.1M1.5M1.8M
Other Stockholder Equity1.2M2.8M2.9M5.2M6.0M6.3M
Net Tangible Assets1.7M(2.3M)(3.1M)(2.0M)(1.8M)(1.8M)
Non Current Assets Total6.7M6.1M18.9M20.4M9.0M10.5M
Non Currrent Assets Other(215K)7.9M6.7M(3.0M)(3.5M)(3.3M)
Non Current Liabilities Total36.4K698.3K714.6K3.8M4.2M4.5M
Other Current Assets58.6K234.3K125.7K2.8M221.7K210.6K
Intangible Assets3.0M2.3M15.6M10.7M4.0M6.0M
Property Plant Equipment141.5K159.2K168.1K141.2K162.4K138.0K
Short Long Term Debt Total449.8K518.6K253.8K4.5M5.2M5.4M
Property Plant And Equipment Net168.1K141.2K298.8K6.7M6.6M6.9M
Current Deferred Revenue207.8K262.5K34.4K29.0K26.1K24.8K
Long Term Debt64.6K20.2K60K225.1K258.8K271.8K
Net Invested Capital3.3M3.7M32.5M23.5M27.0M14.2M
Short Long Term Debt385.7K412.5K30K520.2K468.2K291.2K
Net Working Capital(3.7M)(2.2M)14.3M6.2M7.1M7.5M
Short Term Debt429.6K438.8K134.2K970.6K1.2M630.2K
Capital Stock27.7M30.7M47.8M55.5M63.8M41.4M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Datametrex Stock Analysis

When running Datametrex's price analysis, check to measure Datametrex'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 Datametrex is operating at the current time. Most of Datametrex's value examination focuses on studying past and present price action to predict the probability of Datametrex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Datametrex's price. Additionally, you may evaluate how the addition of Datametrex to your portfolios can decrease your overall portfolio volatility.

Trending Assets

GSY
goeasy
164.26  0.44  0.27 
DND
Dye Durham
17.76  -0.41  -2.26 
DCBO
Docebo Inc
65.88  -0.57  -0.86 
TOI
Topicus
118.59  2.54  2.19 
News Freq…Investor S…