DouYu Non Current Liabilities Total vs Cash And Short Term Investments Analysis
DOYU Stock | USD 9.44 0.29 2.98% |
DouYu International financial indicator trend analysis is much more than just examining DouYu International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DouYu International is a good investment. Please check the relationship between DouYu International Non Current Liabilities Total and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DouYu International Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
Non Current Liabilities Total vs Cash And Short Term Investments
Non Current Liabilities Total vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DouYu International Non Current Liabilities Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between DouYu International's Non Current Liabilities Total and Cash And Short Term Investments is -0.44. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of DouYu International Holdings, assuming nothing else is changed. The correlation between historical values of DouYu International's Non Current Liabilities Total and Cash And Short Term Investments 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 DouYu International Holdings are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Current Liabilities Total i.e., DouYu International's Non Current Liabilities Total and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Non Current Liabilities Total
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of DouYu International balance sheet. This account contains DouYu International investments that will expire within one year. These investments include stocks and bonds that can be liquidated by DouYu International Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from DouYu International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DouYu International 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 DouYu International Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. At this time, DouYu International's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 291 M in 2024, despite the fact that Enterprise Value is likely to grow to (2.1 B).
DouYu International fundamental ratios Correlations
Click cells to compare fundamentals
DouYu International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DouYu International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.1B | 8.9B | 8.2B | 8.1B | 8.1B | 7.0B | |
Other Current Liab | 49.1M | 607.6M | 751.8M | 569.6M | 498.0M | 610.5M | |
Total Current Liabilities | 1.8B | 1.9B | 1.8B | 1.6B | 1.4B | 1.7B | |
Total Stockholder Equity | 7.2B | 6.9B | 6.3B | 6.6B | 6.7B | 3.6B | |
Other Liab | 46.1M | 30.8M | 18.0M | 6.6M | 7.6M | 7.2M | |
Net Tangible Assets | 7.0B | 6.8B | 6.2B | 6.4B | 7.4B | 7.8B | |
Property Plant And Equipment Net | 38.9M | 99.9M | 97.4M | 66.9M | 36.6M | 67.3M | |
Current Deferred Revenue | 213.1M | 252.9M | 242.6M | 294.6M | 328.9M | 209.8M | |
Net Debt | (8.1B) | (5.2B) | (4.4B) | (4.0B) | (4.4B) | (4.6B) | |
Retained Earnings | (3.3B) | (2.9B) | (3.4B) | (3.5B) | (3.5B) | (3.7B) | |
Accounts Payable | 890.0M | 986.1M | 824.1M | 667.0M | 534.4M | 754.9M | |
Cash | 8.1B | 5.3B | 4.5B | 4.0B | 4.4B | 4.5B | |
Non Current Assets Total | 502.0M | 874.2M | 927.8M | 1.1B | 1.4B | 743.7M | |
Non Currrent Assets Other | 8.5M | 19.0M | 64.8M | 98.8M | 163.2M | 171.3M | |
Other Assets | 8.5M | 19.0M | 64.8M | 98.8M | 113.7M | 119.4M | |
Cash And Short Term Investments | 8.1B | 7.5B | 6.5B | 6.6B | 6.2B | 5.7B | |
Net Receivables | 212.1M | 208.8M | 228.5M | 155.3M | 437.5M | 271.4M | |
Common Stock Shares Outstanding | 314.4M | 330.1M | 325.4M | 319.7M | 32.0M | 30.4M | |
Liabilities And Stockholders Equity | 9.1B | 8.9B | 8.2B | 8.1B | 8.1B | 7.0B | |
Non Current Liabilities Total | 46.1M | 47.7M | 49.3M | 26.1M | 6.7M | 6.4M | |
Inventory | 93.2M | 78.1M | 91.4M | 32.1M | 1.0 | 0.95 | |
Other Current Assets | 204.3M | 236.7M | 376.4M | 337.0M | 15.5M | 14.7M | |
Other Stockholder Equity | 10.2B | 9.8B | 9.8B | 9.8B | 9.8B | 6.8B | |
Total Liab | 1.8B | 1.9B | 1.9B | 1.6B | 1.4B | 2.4B | |
Long Term Investments | 225.5M | 600.7M | 591.4M | 781.9M | 1.1B | 1.1B | |
Property Plant And Equipment Gross | 38.9M | 99.9M | 97.4M | 66.9M | 146.4M | 82.4M | |
Total Current Assets | 8.6B | 8.0B | 7.2B | 7.1B | 6.7B | 6.2B | |
Accumulated Other Comprehensive Income | 434.9M | 10.9M | (114.3M) | 322.0M | 415.2M | 436.0M | |
Short Term Debt | 642.0M | 36.3M | 30.4M | 27.5M | 14.8M | 14.0M | |
Intangible Assets | 198.1M | 141.7M | 161.5M | 106.7M | 120.7M | 122.1M | |
Property Plant Equipment | 38.9M | 99.9M | 97.4M | 66.9M | 76.9M | 71.2M | |
Net Invested Capital | 7.2B | 6.9B | 6.3B | 6.6B | 6.7B | 4.4B | |
Net Working Capital | 6.8B | 6.2B | 5.4B | 5.5B | 5.3B | 5.1B |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DouYu International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DouYu International's short interest history, or implied volatility extrapolated from DouYu International options trading.
Pair Trading with DouYu International
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 DouYu International 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 DouYu International will appreciate offsetting losses from the drop in the long position's value.Moving together with DouYu Stock
0.67 | WB | Weibo Corp Financial Report 23rd of May 2024 | PairCorr |
Moving against DouYu Stock
0.68 | CCG | Cheche Group Report 25th of September 2024 | PairCorr |
0.66 | SLE | Super League Enterprise Earnings Call This Week | PairCorr |
0.61 | Z | Zillow Group Class | PairCorr |
0.57 | ZH | Zhihu Inc ADR | PairCorr |
0.47 | GENI | Genius Sports Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to DouYu International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DouYu International 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 DouYu International - 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 DouYu International Holdings to buy it.
The correlation of DouYu International 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 DouYu International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DouYu International 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 DouYu International 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DouYu International Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for DouYu Stock analysis
When running DouYu International's price analysis, check to measure DouYu International's 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 DouYu International is operating at the current time. Most of DouYu International's value examination focuses on studying past and present price action to predict the probability of DouYu International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DouYu International's price. Additionally, you may evaluate how the addition of DouYu International to your portfolios can decrease your overall portfolio volatility.
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |
Is DouYu International'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 DouYu International. If investors know DouYu 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 DouYu International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 11.476 | Earnings Share 0.16 | Revenue Per Share 172.946 | Quarterly Revenue Growth (0.23) | Return On Assets (0.01) |
The market value of DouYu International is measured differently than its book value, which is the value of DouYu that is recorded on the company's balance sheet. Investors also form their own opinion of DouYu International's value that differs from its market value or its book value, called intrinsic value, which is DouYu International'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 DouYu International's market value can be influenced by many factors that don't directly affect DouYu International'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 DouYu International's value and its price as these two are different measures arrived at by different means. Investors typically determine if DouYu International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DouYu International'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.