Duos Common Stock Total Equity vs Total Assets Analysis

DUOT Stock  USD 5.53  0.13  2.41%   
Duos Technologies financial indicator trend analysis is much more than just examining Duos Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Duos Technologies is a good investment. Please check the relationship between Duos Technologies Common Stock Total Equity and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duos Technologies Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Common Stock Total Equity vs Total Assets

Common Stock Total Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Duos Technologies Common Stock Total Equity account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Duos Technologies' Common Stock Total Equity and Total Assets is -0.56. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Assets in the same time period over historical financial statements of Duos Technologies Group, assuming nothing else is changed. The correlation between historical values of Duos Technologies' Common Stock Total Equity and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Duos Technologies Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock Total Equity i.e., Duos Technologies' Common Stock Total Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.56
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Total Assets

Total assets refers to the total amount of Duos Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Duos Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Duos Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Duos Technologies 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 Duos Technologies Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Duos Technologies' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 1.28 in 2024, whereas Enterprise Value Multiple is likely to drop (2.38) in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses4.9M11.6M12.8M13.4M
Cost Of Revenue10.8M10.3M6.2M3.6M

Duos Technologies fundamental ratios Correlations

0.91-0.390.430.820.930.670.6-0.960.480.640.930.640.66-0.560.950.40.970.920.930.920.59-0.520.590.820.89
0.91-0.310.390.640.960.540.82-0.860.350.440.960.440.49-0.390.90.410.870.850.950.720.66-0.350.640.960.83
-0.39-0.310.46-0.7-0.47-0.08-0.30.220.16-0.06-0.5-0.06-0.030.37-0.440.42-0.32-0.19-0.53-0.21-0.340.35-0.52-0.34-0.65
0.430.390.46-0.090.260.680.29-0.590.790.220.250.220.73-0.030.340.90.50.630.230.560.4-0.02-0.010.280.08
0.820.64-0.7-0.090.750.360.29-0.690.140.650.770.650.39-0.670.82-0.070.770.620.780.760.38-0.630.510.570.9
0.930.96-0.470.260.750.550.79-0.830.310.421.00.420.48-0.480.90.250.860.860.990.710.54-0.440.750.940.87
0.670.54-0.080.680.360.550.27-0.760.470.490.550.490.62-0.30.590.460.720.740.550.70.32-0.280.450.450.41
0.60.82-0.30.290.290.790.27-0.490.36-0.150.78-0.150.38-0.150.590.370.50.630.760.310.58-0.120.580.850.58
-0.96-0.860.22-0.59-0.69-0.83-0.76-0.49-0.51-0.71-0.85-0.71-0.660.47-0.9-0.51-0.99-0.91-0.85-0.93-0.620.44-0.51-0.75-0.78
0.480.350.160.790.140.310.470.36-0.510.040.290.040.93-0.260.330.830.450.640.260.60.31-0.25-0.060.210.22
0.640.44-0.060.220.650.420.49-0.15-0.710.040.441.00.24-0.440.620.120.720.490.460.750.23-0.430.190.320.51
0.930.96-0.50.250.771.00.550.78-0.850.290.440.440.46-0.470.910.230.870.851.00.720.58-0.430.760.940.9
0.640.44-0.060.220.650.420.49-0.15-0.710.041.00.440.24-0.440.620.120.720.490.460.750.23-0.430.190.320.51
0.660.49-0.030.730.390.480.620.38-0.660.930.240.460.24-0.440.520.740.620.750.430.770.36-0.430.080.330.42
-0.56-0.390.37-0.03-0.67-0.48-0.3-0.150.47-0.26-0.44-0.47-0.44-0.44-0.53-0.14-0.5-0.46-0.47-0.57-0.11.0-0.16-0.27-0.49
0.950.9-0.440.340.820.90.590.59-0.90.330.620.910.620.52-0.530.320.940.860.920.850.7-0.490.60.850.93
0.40.410.420.9-0.070.250.460.37-0.510.830.120.230.120.74-0.140.320.430.580.210.530.48-0.14-0.230.250.07
0.970.87-0.320.50.770.860.720.5-0.990.450.720.870.720.62-0.50.940.430.890.880.930.65-0.460.550.760.85
0.920.85-0.190.630.620.860.740.63-0.910.640.490.850.490.75-0.460.860.580.890.840.850.55-0.430.50.790.71
0.930.95-0.530.230.780.990.550.76-0.850.260.461.00.460.43-0.470.920.210.880.840.720.61-0.430.760.930.91
0.920.72-0.210.560.760.710.70.31-0.930.60.750.720.750.77-0.570.850.530.930.850.720.52-0.540.320.560.75
0.590.66-0.340.40.380.540.320.58-0.620.310.230.580.230.36-0.10.70.480.650.550.610.52-0.060.240.610.61
-0.52-0.350.35-0.02-0.63-0.44-0.28-0.120.44-0.25-0.43-0.43-0.43-0.431.0-0.49-0.14-0.46-0.43-0.43-0.54-0.06-0.12-0.23-0.44
0.590.64-0.52-0.010.510.750.450.58-0.51-0.060.190.760.190.08-0.160.6-0.230.550.50.760.320.24-0.120.730.69
0.820.96-0.340.280.570.940.450.85-0.750.210.320.940.320.33-0.270.850.250.760.790.930.560.61-0.230.730.79
0.890.83-0.650.080.90.870.410.58-0.780.220.510.90.510.42-0.490.930.070.850.710.910.750.61-0.440.690.79
Click cells to compare fundamentals

Duos Technologies Account Relationship Matchups

Duos Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.5M6.4M9.5M13.1M12.8M13.5M
Short Long Term Debt Total1.6M1.8M5.2M5.3M5.0M5.3M
Other Current Liab521.2K2.3M730.3K562.7K(1.4M)(1.3M)
Total Current Liabilities5.4M3.6M3.9M4.5M3.2M2.7M
Total Stockholder Equity(127.3K)1.9M781.5K4.1M5.4M5.6M
Property Plant And Equipment Net690.3K538.3K5.5M5.3M5.1M5.4M
Current Deferred Revenue945.1K1.0M1.8M958.0K1.7M1.7M
Net Debt1.5M(2.1M)4.3M4.2M2.6M2.7M
Retained Earnings(32.7M)(39.5M)(45.5M)(52.4M)(63.6M)(60.4M)
Accounts Payable2.6M607.0K1.0M2.3M595.6K800.1K
Cash56.2K4.0M893.7K1.1M2.4M2.6M
Non Current Assets Total771.9K602.7K6.2M6.3M6.6M6.9M
Cash And Short Term Investments56.2K4.0M893.7K1.1M2.4M2.6M
Net Receivables4.0M1.3M1.7M3.8M2.1M1.2M
Common Stock Total Equity20.7K21.1K2.0K3.5K3.2K3.0K
Common Stock Shares Outstanding1.8M3.3M3.7M6.2M7.2M7.6M
Liabilities And Stockholders Equity5.5M6.4M9.5M13.1M12.8M13.5M
Other Current Assets716.6K374.2K354.6K441.3K184.5K280.5K
Other Stockholder Equity30.9M39.7M42.9M56.4M69.0M72.4M
Total Liab5.7M4.5M8.7M9.0M7.5M7.8M
Property Plant And Equipment Gross690.3K538.3K5.5M5.3M6.5M6.8M
Total Current Assets4.8M5.8M3.3M6.8M6.3M6.6M
Short Term Debt1.3M448.5K448.1K817.1K1.6M1.7M
Common Stock2.0K3.5K4.1K7.2K7.3K6.9K
Non Currrent Assets Other298.1K(771.9K)(602.7K)600K703.8K738.9K
Non Current Liabilities Total291.8K886.0K4.8M4.5M4.2M4.4M
Intangible Assets81.6K64.4K66.5K334.9K782.0K821.1K
Net Tangible Assets(3.1M)(1.9M)114.4K(2.6M)(3.0M)(3.2M)
Capital Surpluse26.6M27.4M31.1M41.5M47.8M27.6M
Short Long Term Debt975.3K670.4K132.8K97.4K42.0K39.9K
Property Plant Equipment204.2K690.3K538.3K5.5M6.4M6.7M
Net Invested Capital(857.0K)1.6M(2.4M)4.1M5.4M5.7M
Net Working Capital(607.4K)2.2M(651.4K)2.3M3.0M3.2M
Capital Stock1.7M1.7M3.4M7.2K7.3K7.0K

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Additional Tools for Duos Stock Analysis

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