DMC Cash vs Cash And Short Term Investments Analysis
| DMM Stock | 0.06 0.00 0.00% |
DMC Mining financial indicator trend analysis is much more than just examining DMC Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DMC Mining is a good investment. Please check the relationship between DMC Mining Cash and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DMC 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.
Cash vs Cash And Short Term Investments
Cash vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DMC Mining Cash account and Cash And Short Term Investments. At this time, the significance of the direction appears to have totally related.
The correlation between DMC Mining's Cash and Cash And Short Term Investments is 1.0. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of DMC Mining, assuming nothing else is changed. The correlation between historical values of DMC Mining's Cash and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of DMC Mining are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Cash i.e., DMC Mining's Cash and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of DMC Mining, which is listed under current asset account on DMC Mining balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from DMC Mining customers. The amounts must be unrestricted with restricted cash listed in a different DMC Mining account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of DMC Mining balance sheet. This account contains DMC Mining investments that will expire within one year. These investments include stocks and bonds that can be liquidated by DMC Mining fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from DMC Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DMC 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 DMC 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. Selling General Administrative is likely to gain to about 767.9 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 4.1 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Income | 344.0 | 20.3K | 23.3K | 24.5K | Net Interest Income | 344.0 | 20.3K | 23.3K | 24.5K |
DMC Mining fundamental ratios Correlations
Click cells to compare fundamentals
DMC Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for DMC Stock Analysis
When running DMC Mining's price analysis, check to measure DMC Mining'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 DMC Mining is operating at the current time. Most of DMC Mining's value examination focuses on studying past and present price action to predict the probability of DMC Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DMC Mining's price. Additionally, you may evaluate how the addition of DMC Mining to your portfolios can decrease your overall portfolio volatility.