Data Dividend Yield vs Inventory Turnover Analysis

DTST Stock

USD 3.92 0.13 3.43%

Data Storage financial indicator trend analysis is much more than just examining Data Storage Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Data Storage Corp is a good investment. Please check the relationship between Data Storage Dividend Yield and its Inventory Turnover accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Data Storage Corp. 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.

For more information on how to buy Data Stock please use our How to Invest in Data Storage guide.

Dividend Yield vs Inventory Turnover

Dividend Yield vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Data Storage Corp Dividend Yield account and Inventory Turnover. At this time, the significance of the direction appears to have very week relationship.

The correlation between Data Storage's Dividend Yield and Inventory Turnover is 0.25. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Data Storage Corp, assuming nothing else is changed. The correlation between historical values of Data Storage's Dividend Yield and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Data Storage Corp are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Dividend Yield i.e., Data Storage's Dividend Yield and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

0.25

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Dividend Yield

Dividend Yield is Data Storage Corp dividend as a percentage of Data Storage stock price. Data Storage Corp dividend yield is a measure of Data Storage stock productivity, which can be interpreted as interest rate earned on an Data Storage investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Most indicators from Data Storage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Data Storage Corp 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 Data Storage Corp. 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.

For more information on how to buy Data Stock please use our How to Invest in Data Storage guide.At this time, Data Storage'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 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	126.7K	130.1K	74.5K	70.8K
Depreciation And Amortization	1.4M	1.4M	1.3M	760.9K

Interest Expense Depreciation And Amortization

Data Storage fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Intangible Assets	Good Will
Total Assets		-0.06	0.29	0.99	0.63	-0.69	-0.69	0.82	0.65	0.82	0.37	0.98	0.8	0.67	0.95	-0.76	0.85	-0.07	0.98	0.99	-0.43	-0.23	-0.24	0.07	0.85	0.79
Other Current Liab	-0.06		-0.04	-0.05	-0.03	0.31	-0.16	0.0	-0.38	-0.22	-0.08	0.01	-0.6	0.17	0.07	-0.19	-0.22	-0.02	0.03	-0.07	0.13	-0.17	0.22	-0.07	-0.34	-0.14
Total Current Liabilities	0.29	-0.04		0.2	0.45	0.17	-0.77	0.53	0.0	0.53	0.24	0.16	0.36	0.52	0.34	-0.29	0.5	0.83	0.25	0.2	0.36	0.53	0.52	0.66	0.29	0.52
Total Stockholder Equity	0.99	-0.05	0.2		0.59	-0.73	-0.63	0.79	0.65	0.79	0.36	0.99	0.78	0.64	0.93	-0.78	0.82	-0.17	0.97	0.99	-0.47	-0.31	-0.28	-0.02	0.84	0.77
Property Plant And Equipment Net	0.63	-0.03	0.45	0.59		-0.29	-0.52	0.45	0.39	0.8	0.5	0.54	0.56	0.59	0.69	-0.24	0.64	0.3	0.69	0.56	0.01	0.25	-0.22	0.33	0.68	0.58
Net Debt	-0.69	0.31	0.17	-0.73	-0.29		0.12	-0.25	-0.95	-0.64	-0.45	-0.68	-0.61	-0.26	-0.52	0.44	-0.58	0.44	-0.6	-0.69	0.48	0.29	0.25	0.11	-0.72	-0.68
Retained Earnings	-0.69	-0.16	-0.77	-0.63	-0.52	0.12		-0.77	-0.19	-0.67	-0.18	-0.62	-0.54	-0.83	-0.79	0.63	-0.75	-0.49	-0.66	-0.63	-0.14	-0.21	-0.17	-0.45	-0.5	-0.71
Accounts Payable	0.82	0.0	0.53	0.79	0.45	-0.25	-0.77		0.17	0.6	0.2	0.8	0.69	0.6	0.79	-0.83	0.73	0.13	0.81	0.82	-0.32	-0.29	0.05	0.0	0.64	0.59
Cash	0.65	-0.38	0.0	0.65	0.39	-0.95	-0.19	0.17		0.73	0.48	0.59	0.62	0.31	0.5	-0.3	0.61	-0.2	0.54	0.61	-0.31	0.03	-0.22	0.18	0.72	0.74
Non Current Assets Total	0.82	-0.22	0.53	0.79	0.8	-0.64	-0.67	0.6	0.73		0.6	0.71	0.79	0.71	0.79	-0.53	0.92	0.18	0.76	0.74	-0.06	0.16	-0.04	0.3	0.9	0.94
Non Currrent Assets Other	0.37	-0.08	0.24	0.36	0.5	-0.45	-0.18	0.2	0.48	0.6		0.24	0.3	0.41	0.33	-0.32	0.33	0.05	0.32	0.26	0.16	0.02	0.32	0.05	0.56	0.52
Cash And Short Term Investments	0.98	0.01	0.16	0.99	0.54	-0.68	-0.62	0.8	0.59	0.71	0.24		0.73	0.58	0.92	-0.77	0.78	-0.2	0.98	1.0	-0.55	-0.36	-0.32	-0.04	0.79	0.69
Net Receivables	0.8	-0.6	0.36	0.78	0.56	-0.61	-0.54	0.69	0.62	0.79	0.3	0.73		0.53	0.72	-0.53	0.85	0.02	0.73	0.79	-0.27	-0.05	-0.26	0.09	0.83	0.73
Common Stock Total Equity	0.67	0.17	0.52	0.64	0.59	-0.26	-0.83	0.6	0.31	0.71	0.41	0.58	0.53		0.82	-0.65	0.69	0.21	0.64	0.59	0.36	0.13	0.04	0.28	0.48	0.74
Common Stock Shares Outstanding	0.95	0.07	0.34	0.93	0.69	-0.52	-0.79	0.79	0.5	0.79	0.33	0.92	0.72	0.82		-0.72	0.82	0.02	0.95	0.92	-0.21	-0.11	-0.29	0.15	0.76	0.75
Non Current Liabilities Total	-0.76	-0.19	-0.29	-0.78	-0.24	0.44	0.63	-0.83	-0.3	-0.53	-0.32	-0.77	-0.53	-0.65	-0.72		-0.66	0.22	-0.71	-0.77	0.22	0.5	-0.14	0.2	-0.55	-0.65
Other Stockholder Equity	0.85	-0.22	0.5	0.82	0.64	-0.58	-0.75	0.73	0.61	0.92	0.33	0.78	0.85	0.69	0.82	-0.66		0.07	0.78	0.81	-0.17	0.0	-0.12	0.16	0.88	0.91
Total Liab	-0.07	-0.02	0.83	-0.17	0.3	0.44	-0.49	0.13	-0.2	0.18	0.05	-0.2	0.02	0.21	0.02	0.22	0.07		-0.06	-0.16	0.44	0.77	0.45	0.81	-0.06	0.11
Property Plant And Equipment Gross	0.98	0.03	0.25	0.97	0.69	-0.6	-0.66	0.81	0.54	0.76	0.32	0.98	0.73	0.64	0.95	-0.71	0.78	-0.06		0.97	-0.46	-0.26	-0.31	0.05	0.81	0.69
Total Current Assets	0.99	-0.07	0.2	0.99	0.56	-0.69	-0.63	0.82	0.61	0.74	0.26	1.0	0.79	0.59	0.92	-0.77	0.81	-0.16	0.97		-0.52	-0.33	-0.31	-0.02	0.82	0.72
Common Stock	-0.43	0.13	0.36	-0.47	0.01	0.48	-0.14	-0.32	-0.31	-0.06	0.16	-0.55	-0.27	0.36	-0.21	0.22	-0.17	0.44	-0.46	-0.52		0.57	0.4	0.36	-0.39	-0.01
Short Long Term Debt Total	-0.23	-0.17	0.53	-0.31	0.25	0.29	-0.21	-0.29	0.03	0.16	0.02	-0.36	-0.05	0.13	-0.11	0.5	0.0	0.77	-0.26	-0.33	0.57		0.11	0.88	-0.11	0.09
Current Deferred Revenue	-0.24	0.22	0.52	-0.28	-0.22	0.25	-0.17	0.05	-0.22	-0.04	0.32	-0.32	-0.26	0.04	-0.29	-0.14	-0.12	0.45	-0.31	-0.31	0.4	0.11		0.16	-0.2	0.11
Short Term Debt	0.07	-0.07	0.66	-0.02	0.33	0.11	-0.45	0.0	0.18	0.3	0.05	-0.04	0.09	0.28	0.15	0.2	0.16	0.81	0.05	-0.02	0.36	0.88	0.16		0.03	0.27
Intangible Assets	0.85	-0.34	0.29	0.84	0.68	-0.72	-0.5	0.64	0.72	0.9	0.56	0.79	0.83	0.48	0.76	-0.55	0.88	-0.06	0.81	0.82	-0.39	-0.11	-0.2	0.03		0.79
Good Will	0.79	-0.14	0.52	0.77	0.58	-0.68	-0.71	0.59	0.74	0.94	0.52	0.69	0.73	0.74	0.75	-0.65	0.91	0.11	0.69	0.72	-0.01	0.09	0.11	0.27	0.79

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Data Storage Account Relationship Matchups

Data Storage fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.3M	7.8M	26.3M	24.1M	23.3M	24.5M
Other Current Liab	971.0K	1.1M	(1.3M)	(3.2M)	3.1M	3.3M
Total Current Liabilities	3.7M	4.4M	3.0M	4.5M	3.5M	3.2M
Total Stockholder Equity	1.8M	2.0M	22.7M	19.1M	20.0M	21.0M
Property Plant And Equipment Net	2.5M	2.5M	2.4M	2.4M	2.8M	1.5M
Net Debt	3.0M	2.4M	(10.1M)	(636.3K)	(827.3K)	(785.9K)
Retained Earnings	(15.8M)	(15.7M)	(15.5M)	(19.9M)	(19.5M)	(20.5M)
Accounts Payable	906.7K	979.6K	1.3M	3.2M	2.6M	2.7M
Cash	326.6K	893.6K	12.1M	2.3M	1.4M	1.2M
Non Current Assets Total	6.2M	6.1M	11.3M	8.7M	8.8M	5.3M
Cash And Short Term Investments	326.6K	893.6K	12.1M	11.3M	12.7M	13.4M
Net Receivables	691.4K	554.6K	2.4M	3.5M	1.3M	752.7K
Common Stock Shares Outstanding	3.2M	3.4M	6.3M	6.8M	7.2M	7.6M
Liabilities And Stockholders Equity	7.3M	7.8M	26.3M	24.1M	23.3M	24.5M
Non Current Liabilities Total	1.9M	1.5M	748.4K	609.3K	37.9K	36.0K
Other Stockholder Equity	17.5M	17.6M	38.2M	39.0M	39.5M	20.0M
Total Liab	5.6M	5.8M	3.7M	5.1M	3.5M	4.4M
Property Plant And Equipment Gross	2.5M	2.5M	7.0M	7.4M	7.9M	8.3M
Total Current Assets	1.1M	1.7M	15.1M	15.4M	14.5M	15.2M
Common Stock	128.4K	128.5K	6.7K	6.8K	6.9K	6.5K
Short Long Term Debt Total	3.3M	3.3M	2.0M	1.7M	601.5K	571.4K
Current Deferred Revenue	432.9K	461.9K	366.9K	281.1K	336.2K	500.9K
Short Term Debt	1.4M	1.8M	1.3M	1.0M	563.5K	1.0M
Intangible Assets	649.9K	455.9K	2.3M	2.0M	1.7M	968.8K
Other Current Assets	80.7K	239.5K	1.0M	584.7K	984.0K	1.0M
Net Tangible Assets	(2.1M)	(1.9M)	(1.5M)	13.9M	16.0M	16.8M
Property Plant Equipment	1.3M	2.5M	2.5M	2.4M	2.7M	1.6M
Capital Lease Obligations	2.9M	2.8M	2.0M	1.7M	601.5K	571.4K
Net Invested Capital	2.2M	2.5M	22.7M	19.1M	20.0M	11.1M
Net Working Capital	(2.6M)	(2.7M)	12.1M	10.9M	11.0M	11.6M
Capital Stock	129.8K	129.9K	6.7K	6.8K	6.9K	6.5K

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