DigiAsia Long Term Investments vs Net Debt Analysis

FAASW Stock   0.07  0.01  8.98%   
DigiAsia Corp financial indicator trend analysis is much more than just examining DigiAsia Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DigiAsia Corp is a good investment. Please check the relationship between DigiAsia Corp Long Term Investments and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DigiAsia 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 DigiAsia Stock please use our How to Invest in DigiAsia Corp guide.

Long Term Investments vs Net Debt

Long Term Investments vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DigiAsia Corp Long Term Investments account and Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between DigiAsia Corp's Long Term Investments and Net Debt is 0.79. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Debt in the same time period over historical financial statements of DigiAsia Corp, assuming nothing else is changed. The correlation between historical values of DigiAsia Corp's Long Term Investments and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of DigiAsia Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Long Term Investments i.e., DigiAsia Corp's Long Term Investments and Net Debt go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Investments

Long Term Investments is an item on the asset side of DigiAsia Corp balance sheet that represents investments DigiAsia Corp intends to hold for over a year. DigiAsia Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from DigiAsia Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DigiAsia 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 DigiAsia 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 DigiAsia Stock please use our How to Invest in DigiAsia Corp guide.Selling General Administrative is likely to drop to about 2 M in 2024. Issuance Of Capital Stock is expected to grow at the current pace this year
 2010 2022 2023 2024 (projected)
Depreciation And Amortization2.0M2.0M167.9K159.5K
Interest Income27.5K44.5K2.0M2.1M

DigiAsia Corp fundamental ratios Correlations

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DigiAsia Corp Account Relationship Matchups

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