DIRTT Net Receivables vs Other Current Assets Analysis
DRT Stock | CAD 0.63 0.03 5.00% |
DIRTT Environmental financial indicator trend analysis is much more than just examining DIRTT Environmental latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DIRTT Environmental is a good investment. Please check the relationship between DIRTT Environmental Net Receivables and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DIRTT Environmental Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Net Receivables vs Other Current Assets
Net Receivables vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DIRTT Environmental Net Receivables account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between DIRTT Environmental's Net Receivables and Other Current Assets is -0.02. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of DIRTT Environmental Solutions, assuming nothing else is changed. The correlation between historical values of DIRTT Environmental's Net Receivables and Other Current 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 Net Receivables of DIRTT Environmental Solutions are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Receivables i.e., DIRTT Environmental's Net Receivables and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Receivables
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from DIRTT Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DIRTT Environmental 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 DIRTT Environmental Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. As of the 28th of May 2024, Selling General Administrative is likely to drop to about 36.2 M. In addition to that, Tax Provision is likely to drop to about 315.4 K
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.1M | 5.2M | 4.9M | 5.2M | Depreciation And Amortization | 77K | 51K | 45.9K | 43.6K |
DIRTT Environmental fundamental ratios Correlations
Click cells to compare fundamentals
DIRTT Environmental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DIRTT Environmental fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 175.6M | 183.1M | 199.4M | 143.7M | 124.3M | 173.3M | |
Short Long Term Debt Total | 21.4M | 41.3M | 104.1M | 98.9M | 113.7M | 119.4M | |
Other Current Liab | 18.0M | 18.2M | 17.3M | 16.4M | 184K | 174.8K | |
Total Current Liabilities | 34.4M | 31.3M | 37.1M | 36.0M | 33.7M | 36.6M | |
Total Stockholder Equity | 125.0M | 116.5M | 67.8M | 18.0M | 7.1M | 6.7M | |
Other Liab | 995.2K | 965K | 35K | 414K | 372.6K | 624.8K | |
Net Tangible Assets | 115.4M | 106.7M | 60.4M | 13.6M | 12.2M | 11.6M | |
Property Plant And Equipment Net | 62.0M | 83.5M | 82.6M | 72.0M | 54.9M | 57.5M | |
Current Deferred Revenue | 3.6M | 1.8M | 2.4M | 4.9M | 4.4M | 3.8M | |
Net Debt | (25.8M) | (4.6M) | 43.8M | 88.0M | 31.4M | 32.9M | |
Retained Earnings | (46.0M) | (57.3M) | (111.3M) | (166.3M) | (180.9M) | (171.8M) | |
Accounts Payable | 7.6M | 4.9M | 7.8M | 5.6M | 12.4M | 8.7M | |
Cash | 47.2M | 45.8M | 60.3M | 10.8M | 24.7M | 36.9M | |
Non Current Assets Total | 82.5M | 98.3M | 95.6M | 81.5M | 60.8M | 75.9M | |
Non Currrent Assets Other | 5.5M | 5.0M | 5.7M | 5.1M | 3.5M | 3.0M | |
Other Assets | 10.9M | 5.0M | 5.7M | 5.1M | 5.9M | 8.2M | |
Long Term Debt | 35K | 5.1M | 67.3M | 62.1M | 55.3M | 58.0M | |
Cash And Short Term Investments | 47.2M | 45.8M | 60.3M | 10.8M | 9.7M | 9.3M | |
Net Receivables | 24.9M | 19.0M | 17.5M | 21.8M | 15.8M | 17.7M | |
Common Stock Shares Outstanding | 84.7M | 84.7M | 85.0M | 87.7M | 120.0M | 91.4M | |
Liabilities And Stockholders Equity | 175.6M | 183.1M | 199.4M | 143.7M | 165.2M | 176.9M | |
Non Current Liabilities Total | 16.2M | 35.3M | 94.6M | 89.7M | 83.5M | 87.6M | |
Inventory | 17.6M | 16.0M | 18.5M | 22.3M | 16.6M | 18.4M | |
Other Current Assets | 3.3M | 4.1M | 7.5M | 3.8M | 4.0M | 3.2M | |
Other Stockholder Equity | 8.3M | 10.2M | 13.2M | 9.0M | 10.4M | 8.9M | |
Total Liab | 50.6M | 66.6M | 131.7M | 125.7M | 117.2M | 73.4M | |
Property Plant And Equipment Gross | 62.0M | 83.5M | 191.8M | 181.4M | 170.0M | 90.9M | |
Total Current Assets | 93.0M | 84.8M | 103.8M | 62.1M | 63.5M | 70.8M | |
Accumulated Other Comprehensive Income | (18.0M) | (17.0M) | (15.9M) | (16.1M) | (14.5M) | (13.8M) | |
Short Term Debt | 5.3M | 6.4M | 9.5M | 9.2M | 10.6M | 5.4M | |
Intangible Assets | 8.2M | 8.3M | 7.4M | 4.4M | 2.5M | 2.3M | |
Property Plant Equipment | 62.0M | 83.5M | 82.6M | 72.0M | 82.8M | 60.9M | |
Long Term Debt Total | 3.1M | 35K | 5.1M | 67.3M | 77.4M | 81.3M | |
Capital Surpluse | 6.6M | 8.3M | 10.2M | 13.2M | 15.2M | 10.2M |
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DIRTT Environmental Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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