Datadog Non Current Liabilities Total vs Other Current Liab Analysis

DDOG Stock  USD 112.40  14.57  11.48%   
Datadog financial indicator trend analysis is much more than just examining Datadog latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Datadog is a good investment. Please check the relationship between Datadog Non Current Liabilities Total and its Other Current Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Datadog. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Datadog Stock please use our How to Invest in Datadog guide.

Non Current Liabilities Total vs Other Current Liab

Non Current Liabilities Total vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datadog Non Current Liabilities Total account and Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Datadog's Non Current Liabilities Total and Other Current Liab is 0.92. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Datadog, assuming nothing else is changed. The correlation between historical values of Datadog's Non Current Liabilities Total 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 Non Current Liabilities Total of Datadog 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 Non Current Liabilities Total i.e., Datadog's Non Current Liabilities Total and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Other Current Liab

Most indicators from Datadog's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Datadog 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 Datadog. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Datadog Stock please use our How to Invest in Datadog guide.At this time, Datadog's Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years. The Datadog's current Enterprise Value Over EBITDA is estimated to increase to 3,809, while Enterprise Value is projected to decrease to roughly 44.5 B.
 2021 2022 2023 2024 (projected)
Gross Profit794.5M1.3B1.7B1.8B
Total Revenue1.0B1.7B2.1B2.2B

Datadog fundamental ratios Correlations

0.940.90.920.920.950.90.890.8-0.90.760.680.910.880.981.00.90.880.970.950.940.780.910.980.931.0
0.940.870.860.920.880.860.850.78-0.960.640.650.90.820.970.920.870.910.880.920.90.760.860.950.920.94
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0.920.860.970.80.90.990.970.77-0.880.90.730.960.970.90.930.970.90.960.840.990.770.950.880.980.92
0.920.920.820.80.810.790.810.78-0.820.630.580.860.760.910.90.820.90.880.920.820.770.810.940.860.91
0.950.880.810.90.810.840.790.64-0.90.660.830.80.80.940.960.810.740.950.850.930.850.80.890.860.96
0.90.860.990.990.790.840.990.79-0.860.930.660.980.990.880.90.990.930.920.830.970.680.970.880.990.9
0.890.851.00.970.810.790.990.82-0.840.940.590.990.990.860.881.00.950.90.840.950.650.970.890.990.88
0.80.780.820.770.780.640.790.82-0.770.710.20.830.780.750.790.830.840.770.920.770.640.920.870.830.79
-0.9-0.96-0.86-0.88-0.82-0.9-0.86-0.84-0.77-0.63-0.69-0.87-0.81-0.92-0.9-0.86-0.86-0.88-0.89-0.92-0.8-0.86-0.9-0.91-0.91
0.760.640.930.90.630.660.930.940.71-0.630.50.890.960.720.750.930.820.790.670.850.510.890.740.880.74
0.680.650.60.730.580.830.660.590.2-0.690.50.60.620.710.70.60.530.740.470.760.720.50.560.660.71
0.910.90.990.960.860.80.980.990.83-0.870.890.60.970.890.880.990.980.90.870.950.680.970.910.990.89
0.880.820.990.970.760.80.990.990.78-0.810.960.620.970.850.870.990.910.890.80.950.660.960.860.970.86
0.980.970.880.90.910.940.880.860.75-0.920.720.710.890.850.970.880.860.920.920.920.80.860.970.920.98
1.00.920.890.930.90.960.90.880.79-0.90.750.70.880.870.970.890.850.980.940.940.810.90.970.921.0
0.90.871.00.970.820.810.991.00.83-0.860.930.60.990.990.880.890.960.910.850.960.660.980.90.990.89
0.880.910.960.90.90.740.930.950.84-0.860.820.530.980.910.860.850.960.860.870.90.660.930.910.960.86
0.970.880.910.960.880.950.920.90.77-0.880.790.740.90.890.920.980.910.860.90.970.820.910.930.940.98
0.950.920.850.840.920.850.830.840.92-0.890.670.470.870.80.920.940.850.870.90.860.790.910.980.890.95
0.940.90.960.990.820.930.970.950.77-0.920.850.760.950.950.920.940.960.90.970.860.810.940.90.980.94
0.780.760.670.770.770.850.680.650.64-0.80.510.720.680.660.80.810.660.660.820.790.810.690.750.750.83
0.910.860.970.950.810.80.970.970.92-0.860.890.50.970.960.860.90.980.930.910.910.940.690.920.970.9
0.980.950.90.880.940.890.880.890.87-0.90.740.560.910.860.970.970.90.910.930.980.90.750.920.930.97
0.930.920.990.980.860.860.990.990.83-0.910.880.660.990.970.920.920.990.960.940.890.980.750.970.930.93
1.00.940.890.920.910.960.90.880.79-0.910.740.710.890.860.981.00.890.860.980.950.940.830.90.970.93
Click cells to compare fundamentals

Datadog Account Relationship Matchups

Datadog fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.9B2.4B3.0B3.9B2.0B
Other Current Liab38.7M55.4M111.3M171.2M127.6M84.2M
Total Current Liabilities200.2M297.8M528.7M759.7M1.0B1.1B
Total Stockholder Equity782.3M957.4M1.0B1.4B2.0B2.1B
Other Liab7.0M7.7M23.3M19.2M22.0M11.8M
Net Tangible Assets771.8M937.8M733.3M1.0B1.2B608.8M
Property Plant And Equipment Net85.8M105.0M136.5M213.0M298.4M313.4M
Current Deferred Revenue134.1M204.8M372.0M543.0M765.7M804.0M
Net Debt(536.9M)418.7M536.8M498.5M572.0M600.6M
Retained Earnings(123.6M)(148.2M)(152.1M)(202.3M)(153.7M)(161.4M)
Accounts Payable15.4M21.3M25.3M23.5M87.7M92.1M
Cash597.3M224.9M271.0M339.0M330.3M294.8M
Non Current Assets Total134.1M172.2M509.8M660.6M802.9M843.0M
Non Currrent Assets Other37.9M47.5M65.5M83.0M142.1M149.2M
Other Assets37.9M47.5M65.5M83.0M95.5M49.4M
Cash And Short Term Investments774.0M1.5B1.6B1.9B2.6B1.3B
Net Receivables102.4M163.4M268.8M399.6M524.4M550.6M
Good Will9.1M17.6M292.2M348.3M352.7M370.3M
Common Stock Shares Outstanding279.7M300.4M309.0M315.4M350.3M315.3M
Short Term Investments176.7M1.3B1.3B1.5B2.3B2.4B
Liabilities And Stockholders Equity1.0B1.9B2.4B3.0B3.9B2.0B
Non Current Liabilities Total55.5M635.0M810.9M834.6M907.7M555.1M
Capital Surpluse905.8M1.1B1.2B1.6B1.9B2.0B
Capital Lease Obligations60.4M67.8M72.3M98.7M160.1M168.1M
Other Current Assets27.6M37.3M47.7M27.3M25.9M29.1M
Other Stockholder Equity(132.2M)1.1B1.2B1.6B2.2B2.3B
Total Liab255.7M932.9M1.3B1.6B1.9B1.0B
Deferred Long Term Liab17.4M26.8M42.1M55.3M63.6M66.8M
Net Invested Capital782.3M1.5B1.8B2.1B2.8B1.4B
Property Plant And Equipment Gross85.8M105.0M136.5M213.0M427.3M448.7M
Total Current Assets903.9M1.7B1.9B2.3B3.1B1.6B
Accumulated Other Comprehensive Income133K2.3M(3.8M)(12.4M)(2.2M)(2.3M)
Non Current Liabilities Other2.6M59.1M9.4M6.2M6.1M5.8M
Net Working Capital703.7M1.4B1.3B1.6B2.2B1.1B
Short Term Debt11.9M16.3M20.2M22.1M22.0M16.9M

Pair Trading with Datadog

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Datadog position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Datadog will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Datadog could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Datadog when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Datadog - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Datadog to buy it.
The correlation of Datadog is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Datadog moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Datadog moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Datadog can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Datadog is a strong investment it is important to analyze Datadog's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Datadog's future performance. For an informed investment choice regarding Datadog Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Datadog. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Datadog Stock please use our How to Invest in Datadog guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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Is Datadog's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Datadog. If investors know Datadog will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Datadog listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.14
Revenue Per Share
6.568
Quarterly Revenue Growth
0.256
Return On Assets
(0.01)
Return On Equity
0.0283
The market value of Datadog is measured differently than its book value, which is the value of Datadog that is recorded on the company's balance sheet. Investors also form their own opinion of Datadog's value that differs from its market value or its book value, called intrinsic value, which is Datadog's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Datadog's market value can be influenced by many factors that don't directly affect Datadog's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Datadog's value and its price as these two are different measures arrived at by different means. Investors typically determine if Datadog is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Datadog's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.