Destiny Net Debt vs Common Stock Shares Outstanding Analysis

DXYZ Stock

39.48 1.63 4.31%

Destiny Tech100 financial indicator trend analysis is much more than just examining Destiny Tech100 latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Destiny Tech100 is a good investment. Please check the relationship between Destiny Tech100 Net Debt and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Destiny Tech100. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

For more information on how to buy Destiny Stock please use our How to Invest in Destiny Tech100 guide.

Net Debt vs Common Stock Shares Outstanding

Net Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Destiny Tech100 Net Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have pay attention.

The correlation between Destiny Tech100's Net Debt and Common Stock Shares Outstanding is -0.98. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Destiny Tech100, assuming nothing else is changed. The correlation between historical values of Destiny Tech100's Net Debt and Common Stock Shares Outstanding 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 Debt of Destiny Tech100 are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Debt i.e., Destiny Tech100's Net Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.98

Relationship Direction	Negative
Relationship Strength	Significant

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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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from Destiny Tech100's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Destiny Tech100 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 Destiny Tech100. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

For more information on how to buy Destiny Stock please use our How to Invest in Destiny Tech100 guide.Selling General Administrative is likely to rise to about 1.4 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop (0.52) in 2024.

	2010	2023	2024 (projected)
Interest Income	184.3K	102.4K	114.7K
Net Interest Income	184.3K	102.4K	114.7K

Interest Income Net Interest Income

Destiny Tech100 fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Common Stock	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Long Term Investments	Total Current Assets	Capital Stock	Other Current Liab	Total Current Liabilities	Short Term Investments
Total Assets		0.77	-0.98	0.95	0.89	0.99	1.0	1.0	-0.99	1.0	-1.0	1.0	-0.99	-0.78	0.79	-0.72	-0.78	0.83	-0.83	-0.81	-0.81	0.77
Short Long Term Debt Total	0.77		-0.63	0.56	0.93	0.83	0.74	0.79	-0.65	0.75	-0.79	0.75	-0.68	-1.0	1.0	-0.99	-1.0	0.94	-0.91	-0.8	-0.8	1.0
Total Stockholder Equity	-0.98	-0.63		-0.99	-0.78	-0.95	-0.99	-0.97	1.0	-0.98	0.97	-0.98	0.98	0.63	-0.65	0.58	0.63	-0.71	0.71	0.71	0.71	-0.63
Net Debt	0.95	0.56	-0.99		0.69	0.91	0.97	0.94	-0.98	0.96	-0.94	0.96	-0.95	-0.57	0.58	-0.53	-0.57	0.61	-0.62	-0.6	-0.6	0.56
Retained Earnings	0.89	0.93	-0.78	0.69		0.93	0.84	0.89	-0.8	0.85	-0.89	0.85	-0.86	-0.93	0.95	-0.87	-0.93	0.99	-0.99	-0.96	-0.96	0.93
Cash	0.99	0.83	-0.95	0.91	0.93		0.98	1.0	-0.96	0.99	-1.0	0.99	-0.97	-0.84	0.85	-0.79	-0.84	0.89	-0.88	-0.85	-0.85	0.83
Other Assets	1.0	0.74	-0.99	0.97	0.84	0.98		1.0	-0.99	1.0	-1.0	1.0	-0.98	-0.74	0.75	-0.7	-0.74	0.78	-0.78	-0.75	-0.75	0.74
Cash And Short Term Investments	1.0	0.79	-0.97	0.94	0.89	1.0	1.0		-0.98	1.0	-1.0	1.0	-0.98	-0.8	0.81	-0.75	-0.8	0.84	-0.84	-0.8	-0.8	0.79
Common Stock Shares Outstanding	-0.99	-0.65	1.0	-0.98	-0.8	-0.96	-0.99	-0.98		-0.99	0.98	-0.99	0.99	0.66	-0.67	0.6	0.66	-0.74	0.74	0.74	0.74	-0.65
Non Current Liabilities Total	1.0	0.75	-0.98	0.96	0.85	0.99	1.0	1.0	-0.99		-1.0	1.0	-0.98	-0.76	0.77	-0.71	-0.76	0.8	-0.8	-0.76	-0.76	0.75
Other Current Assets	-1.0	-0.79	0.97	-0.94	-0.89	-1.0	-1.0	-1.0	0.98	-1.0		-1.0	0.98	0.79	-0.81	0.75	0.79	-0.84	0.84	0.8	0.8	-0.79
Total Liab	1.0	0.75	-0.98	0.96	0.85	0.99	1.0	1.0	-0.99	1.0	-1.0		-0.98	-0.76	0.77	-0.71	-0.76	0.8	-0.8	-0.76	-0.76	0.75
Common Stock	-0.99	-0.68	0.98	-0.95	-0.86	-0.97	-0.98	-0.98	0.99	-0.98	0.98	-0.98		0.69	-0.71	0.62	0.69	-0.8	0.81	0.82	0.82	-0.68
Non Current Assets Total	-0.78	-1.0	0.63	-0.57	-0.93	-0.84	-0.74	-0.8	0.66	-0.76	0.79	-0.76	0.69		-1.0	0.99	1.0	-0.95	0.92	0.81	0.81	-1.0
Non Currrent Assets Other	0.79	1.0	-0.65	0.58	0.95	0.85	0.75	0.81	-0.67	0.77	-0.81	0.77	-0.71	-1.0		-0.98	-1.0	0.96	-0.93	-0.83	-0.83	1.0
Net Receivables	-0.72	-0.99	0.58	-0.53	-0.87	-0.79	-0.7	-0.75	0.6	-0.71	0.75	-0.71	0.62	0.99	-0.98		0.99	-0.89	0.85	0.71	0.71	-0.99
Long Term Investments	-0.78	-1.0	0.63	-0.57	-0.93	-0.84	-0.74	-0.8	0.66	-0.76	0.79	-0.76	0.69	1.0	-1.0	0.99		-0.95	0.92	0.81	0.81	-1.0
Total Current Assets	0.83	0.94	-0.71	0.61	0.99	0.89	0.78	0.84	-0.74	0.8	-0.84	0.8	-0.8	-0.95	0.96	-0.89	-0.95		-1.0	-0.95	-0.95	0.94
Capital Stock	-0.83	-0.91	0.71	-0.62	-0.99	-0.88	-0.78	-0.84	0.74	-0.8	0.84	-0.8	0.81	0.92	-0.93	0.85	0.92	-1.0		0.98	0.98	-0.91
Other Current Liab	-0.81	-0.8	0.71	-0.6	-0.96	-0.85	-0.75	-0.8	0.74	-0.76	0.8	-0.76	0.82	0.81	-0.83	0.71	0.81	-0.95	0.98		1.0	-0.8
Total Current Liabilities	-0.81	-0.8	0.71	-0.6	-0.96	-0.85	-0.75	-0.8	0.74	-0.76	0.8	-0.76	0.82	0.81	-0.83	0.71	0.81	-0.95	0.98	1.0		-0.8
Short Term Investments	0.77	1.0	-0.63	0.56	0.93	0.83	0.74	0.79	-0.65	0.75	-0.79	0.75	-0.68	-1.0	1.0	-0.99	-1.0	0.94	-0.91	-0.8	-0.8

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Destiny Tech100 Account Relationship Matchups

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Destiny Net Debt vs Common Stock Shares Outstanding Analysis

Net Debt vs Common Stock Shares Outstanding

Net Debt vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Net Debt

Common Stock Shares Outstanding

Destiny Tech100 fundamental ratios Correlations

Destiny Tech100 Account Relationship Matchups

High Positive Relationship

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Other Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Short Long Term Debt Total
Short Term Investments	+ 1.0	Short Long Term Debt Total

Capital Stock	- 1.0	Total Current Assets
Short Term Investments	- 1.0	Long Term Investments
Long Term Investments	- 1.0	Non Currrent Assets Other
Short Term Investments	- 1.0	Non Current Assets Total
Non Currrent Assets Other	- 1.0	Non Current Assets Total
Total Liab	- 1.0	Other Current Assets