Dave Net Invested Capital vs Other Current Liab Analysis
DAVEW Stock | USD 0.08 0.02 17.20% |
Dave Warrants financial indicator trend analysis is much more than just examining Dave Warrants latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dave Warrants is a good investment. Please check the relationship between Dave Warrants Net Invested Capital and its Other Current Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dave Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Dave Stock please use our How to Invest in Dave Warrants guide.
Net Invested Capital vs Other Current Liab
Net Invested Capital vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dave Warrants Net Invested Capital account and Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dave Warrants' Net Invested Capital and Other Current Liab is 0.94. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Dave Warrants, assuming nothing else is changed. The correlation between historical values of Dave Warrants' Net Invested Capital and Other Current Liab 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 Invested Capital of Dave Warrants are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Invested Capital i.e., Dave Warrants' Net Invested Capital and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Other Current Liab
Most indicators from Dave Warrants' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dave Warrants 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 Dave Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Dave Stock please use our How to Invest in Dave Warrants guide.Tax Provision is likely to climb to about 129.6 K in 2024, whereas Selling General Administrative is likely to drop slightly above 61.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 3.1M | 6.6M | 5.5M | 3.9M | Interest Income | 22.9K | 3.0M | 5.3M | 5.6M |
Dave Warrants fundamental ratios Correlations
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Dave Warrants Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Dave Stock Analysis
When running Dave Warrants' price analysis, check to measure Dave Warrants' 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 Dave Warrants is operating at the current time. Most of Dave Warrants' value examination focuses on studying past and present price action to predict the probability of Dave Warrants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dave Warrants' price. Additionally, you may evaluate how the addition of Dave Warrants to your portfolios can decrease your overall portfolio volatility.