Data Net Tangible Assets vs Net Receivables Analysis

DATAPATTNS   2,758  138.10  4.77%   
Data Patterns financial indicator trend analysis is much more than just examining Data Patterns Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Data Patterns Limited is a good investment. Please check the relationship between Data Patterns Net Tangible Assets and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Data Patterns Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Net Tangible Assets vs Net Receivables

Net Tangible Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Data Patterns Limited Net Tangible Assets account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Data Patterns' Net Tangible Assets and Net Receivables is 0.88. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Data Patterns Limited, assuming nothing else is changed. The correlation between historical values of Data Patterns' Net Tangible Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Data Patterns Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Tangible Assets i.e., Data Patterns' Net Tangible Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Net Receivables

Most indicators from Data Patterns' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Data Patterns Limited 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 Patterns Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Selling General Administrative is likely to gain to about 1.2 B in 2025, whereas Tax Provision is likely to drop slightly above 372.9 M in 2025.
 2022 2023 2024 2025 (projected)
Depreciation And Amortization84.6M161.3M139.2M97.5M
Interest Income84.2M295.9M340.3M357.3M

Data Patterns fundamental ratios Correlations

-0.890.80.851.0-0.220.90.990.84-0.840.910.850.80.970.24-0.560.960.980.60.4-0.610.980.990.940.961.0
-0.89-0.63-0.63-0.90.14-0.97-0.84-0.750.96-0.9-0.83-0.9-0.86-0.240.32-0.89-0.86-0.36-0.430.87-0.81-0.84-0.91-0.76-0.9
0.8-0.630.980.78-0.10.630.840.82-0.450.760.640.360.81-0.28-0.490.740.740.66-0.17-0.30.850.860.70.880.78
0.85-0.630.980.83-0.220.660.890.86-0.490.790.70.410.85-0.18-0.570.790.80.71-0.08-0.280.90.910.760.930.83
1.0-0.90.780.83-0.210.910.980.83-0.860.910.850.820.970.25-0.540.960.980.580.41-0.630.970.980.940.941.0
-0.220.14-0.1-0.22-0.21-0.19-0.17-0.090.25-0.09-0.08-0.3-0.2-0.24-0.14-0.28-0.130.150.00.24-0.16-0.25-0.16-0.21-0.22
0.9-0.970.630.660.91-0.190.860.84-0.950.940.920.890.890.17-0.330.870.880.470.38-0.780.840.850.950.770.9
0.99-0.840.840.890.98-0.170.860.88-0.770.910.860.720.980.12-0.580.920.980.660.3-0.491.00.990.920.960.99
0.84-0.750.820.860.83-0.090.840.88-0.630.960.950.530.87-0.17-0.590.750.840.740.09-0.40.880.880.910.860.84
-0.840.96-0.45-0.49-0.860.25-0.95-0.77-0.63-0.81-0.78-0.99-0.8-0.440.23-0.86-0.81-0.31-0.580.87-0.74-0.76-0.87-0.68-0.85
0.91-0.90.760.790.91-0.090.940.910.96-0.810.970.720.910.03-0.560.850.910.630.29-0.620.90.910.980.870.91
0.85-0.830.640.70.85-0.080.920.860.95-0.780.970.70.880.0-0.490.750.870.660.29-0.520.860.840.950.780.85
0.8-0.90.360.410.82-0.30.890.720.53-0.990.720.70.760.53-0.160.830.770.250.63-0.840.70.710.810.630.82
0.97-0.860.810.850.97-0.20.890.980.87-0.80.910.880.760.04-0.440.880.970.60.24-0.510.980.970.910.910.97
0.24-0.24-0.28-0.180.25-0.240.170.12-0.17-0.440.030.00.530.04-0.260.390.19-0.080.91-0.440.090.130.230.160.25
-0.560.32-0.49-0.57-0.54-0.14-0.33-0.58-0.590.23-0.56-0.49-0.16-0.44-0.26-0.56-0.57-0.68-0.430.08-0.59-0.59-0.59-0.7-0.55
0.96-0.890.740.790.96-0.280.870.920.75-0.860.850.750.830.880.39-0.560.890.550.48-0.710.90.940.920.930.96
0.98-0.860.740.80.98-0.130.880.980.84-0.810.910.870.770.970.19-0.570.890.570.41-0.540.980.970.920.910.98
0.6-0.360.660.710.580.150.470.660.74-0.310.630.660.250.6-0.08-0.680.550.570.110.030.680.630.650.720.59
0.4-0.43-0.17-0.080.410.00.380.30.09-0.580.290.290.630.240.91-0.430.480.410.11-0.50.280.280.450.290.41
-0.610.87-0.3-0.28-0.630.24-0.78-0.49-0.40.87-0.62-0.52-0.84-0.51-0.440.08-0.71-0.540.03-0.5-0.45-0.52-0.66-0.45-0.62
0.98-0.810.850.90.97-0.160.841.00.88-0.740.90.860.70.980.09-0.590.90.980.680.28-0.450.990.910.960.98
0.99-0.840.860.910.98-0.250.850.990.88-0.760.910.840.710.970.13-0.590.940.970.630.28-0.520.990.920.980.98
0.94-0.910.70.760.94-0.160.950.920.91-0.870.980.950.810.910.23-0.590.920.920.650.45-0.660.910.920.890.94
0.96-0.760.880.930.94-0.210.770.960.86-0.680.870.780.630.910.16-0.70.930.910.720.29-0.450.960.980.890.95
1.0-0.90.780.831.0-0.220.90.990.84-0.850.910.850.820.970.25-0.550.960.980.590.41-0.620.980.980.940.95
Click cells to compare fundamentals

Data Patterns Account Relationship Matchups

Data Patterns fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.3B7.1B14.3B16.9B18.4B10.3B
Short Long Term Debt Total371.7M91.9M24.9M35M61.7M58.6M
Other Current Liab296.1M454.7M198.9M3.0B1.9B988.8M
Total Current Liabilities717.1M1.0B1.3B3.5B2.8B1.8B
Total Stockholder Equity2.1B5.7B11.7B13.2B15.1B8.0B
Property Plant And Equipment Net324.3M634.3M1.1B1.6B1.8B968.0M
Current Deferred Revenue(249.7M)352.7M599.9M2.9B3.3B3.5B
Net Debt283.7M(1.5B)(2.1B)(846.4M)(1.2B)(1.1B)
Retained Earnings1.6B2.5B3.5B5.1B5.9B6.2B
Accounts Payable120M381.5M445.6M501.1M838M879.9M
Cash88M1.6B2.1B881.4M1.3B945.4M
Non Current Assets Total672.8M1.9B2.0B2.9B3.9B2.0B
Non Currrent Assets Other342.9M188.9M3.9B8.4M9.5M9.0M
Other Assets464.8M340.7M1.2B(36.9M)(33.2M)(31.5M)
Cash And Short Term Investments88M1.8B6.0B6.5B4.5B3.0B
Net Receivables1.6B2.0B3.8B4.0B6.0B3.1B
Common Stock Shares Outstanding46.7M48.2M52.1M56.0M56.0M56.2M
Liabilities And Stockholders Equity3.3B7.1B14.3B16.9B18.4B10.3B
Non Current Liabilities Total489.6M287M1.4B173.5M541.6M554.3M
Capital Lease Obligations39.5M24.3M17.7M35M61.7M35.1M
Inventory737.4M1.2B1.9B2.7B3.2B1.8B
Other Current Assets113.3M246.9M525.9M804.4M835M445.6M
Total Liab1.2B1.3B2.7B3.7B3.3B2.4B
Net Invested Capital2.4B5.8B11.7B13.2B15.1B8.2B
Total Current Assets2.6B5.2B12.4B14.0B14.5B8.3B
Accumulated Other Comprehensive Income79.6M(3.4M)(13.7M)13.1B15.0B15.7B
Net Working Capital1.9B4.2B11.1B10.5B11.7B6.5B
Short Term Debt249.7M73.6M18M6.5M10.3M9.8M
Intangible Assets5.6M13.5M20M427.3M1.1B1.2B
Property Plant And Equipment Gross460.0M789.8M1.1B1.6B1.8B1.1B

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