DSS Non Current Assets Total vs Total Current Assets Analysis

DSS Stock  USD 1.87  0.02  1.06%   
DSS financial indicator trend analysis is much more than just examining DSS Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DSS Inc is a good investment. Please check the relationship between DSS Non Current Assets Total and its Total Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DSS Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Non Current Assets Total vs Total Current Assets

Non Current Assets Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DSS Inc Non Current Assets Total account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between DSS's Non Current Assets Total and Total Current Assets is 0.76. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of DSS Inc, assuming nothing else is changed. The correlation between historical values of DSS's Non Current Assets Total and Total 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 Non Current Assets Total of DSS Inc are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Assets Total i.e., DSS's Non Current Assets Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from DSS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DSS Inc 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 DSS Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, DSS's Tax Provision is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 2.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 6.9 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses29.4M53.5M28.9M30.3M
Cost Of Revenue12.3M37.5M26.6M28.0M

DSS fundamental ratios Correlations

0.490.80.970.730.59-0.670.70.810.980.470.81-0.340.560.950.780.880.060.870.90.910.820.90.850.640.9
0.490.680.420.930.49-0.410.790.160.570.680.16-0.230.980.550.90.240.180.480.480.660.130.470.240.570.35
0.80.680.670.850.93-0.890.930.370.730.560.37-0.330.690.920.880.830.00.930.940.960.390.580.410.960.62
0.970.420.670.650.42-0.520.580.840.980.420.84-0.320.50.860.690.780.070.770.780.810.850.90.910.470.94
0.730.930.850.650.66-0.590.890.390.770.70.39-0.250.960.781.00.530.210.70.730.870.370.670.440.730.56
0.590.490.930.420.66-0.890.840.10.470.340.1-0.250.50.780.70.76-0.070.850.850.830.150.280.130.990.43
-0.67-0.41-0.89-0.52-0.59-0.89-0.8-0.28-0.54-0.37-0.280.52-0.39-0.82-0.63-0.840.32-0.94-0.86-0.84-0.34-0.44-0.35-0.89-0.48
0.70.790.930.580.890.84-0.80.270.670.610.27-0.460.780.820.90.66-0.10.830.810.90.290.520.330.880.54
0.810.160.370.840.390.1-0.280.270.820.31.0-0.240.240.690.440.670.110.50.60.560.990.930.950.140.69
0.980.570.730.980.770.47-0.540.670.820.510.82-0.320.640.880.80.760.120.780.810.860.810.920.880.530.91
0.470.680.560.420.70.34-0.370.610.30.510.3-0.170.710.510.690.310.180.440.430.590.230.530.310.440.24
0.810.160.370.840.390.1-0.280.271.00.820.3-0.240.240.690.440.670.110.50.60.560.990.930.950.140.69
-0.34-0.23-0.33-0.32-0.25-0.250.52-0.46-0.24-0.32-0.17-0.24-0.15-0.37-0.26-0.350.87-0.5-0.33-0.38-0.26-0.33-0.33-0.27-0.31
0.560.980.690.50.960.5-0.390.780.240.640.710.24-0.150.590.940.280.290.490.520.70.210.540.30.570.41
0.950.550.920.860.780.78-0.820.820.690.880.510.69-0.370.590.830.940.010.940.980.970.710.810.70.810.76
0.780.90.880.691.00.7-0.630.90.440.80.690.44-0.260.940.830.60.20.750.790.910.420.70.480.760.6
0.880.240.830.780.530.76-0.840.660.670.760.310.67-0.350.280.940.6-0.090.920.960.870.710.690.650.760.71
0.060.180.00.070.21-0.070.32-0.10.110.120.180.110.870.290.010.2-0.09-0.20.00.020.060.120.02-0.040.01
0.870.480.930.770.70.85-0.940.830.50.780.440.5-0.50.490.940.750.92-0.20.940.940.540.640.580.870.72
0.90.480.940.780.730.85-0.860.810.60.810.430.6-0.330.520.980.790.960.00.940.960.640.710.60.870.7
0.910.660.960.810.870.83-0.840.90.560.860.590.56-0.380.70.970.910.870.020.940.960.580.750.60.870.72
0.820.130.390.850.370.15-0.340.290.990.810.230.99-0.260.210.710.420.710.060.540.640.580.920.950.180.7
0.90.470.580.90.670.28-0.440.520.930.920.530.93-0.330.540.810.70.690.120.640.710.750.920.930.340.74
0.850.240.410.910.440.13-0.350.330.950.880.310.95-0.330.30.70.480.650.020.580.60.60.950.930.170.79
0.640.570.960.470.730.99-0.890.880.140.530.440.14-0.270.570.810.760.76-0.040.870.870.870.180.340.170.47
0.90.350.620.940.560.43-0.480.540.690.910.240.69-0.310.410.760.60.710.010.720.70.720.70.740.790.47
Click cells to compare fundamentals

DSS Account Relationship Matchups

DSS fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.1M91.9M284.8M248.9M153.2M160.9M
Other Current Liab390.5K1.7M402K19.1M3.3M1.9M
Total Current Liabilities4.2M8.9M27.8M73.7M55.6M58.4M
Total Stockholder Equity12.3M73.1M163.9M125.6M63.9M67.1M
Property Plant And Equipment Net6.3M4.3M18.2M76.6M19.9M20.9M
Net Debt3.4M(2.8M)3.5M46.7M56.2M59.0M
Retained Earnings(103.3M)(101.4M)(132.4M)(194.3M)(256.2M)(243.4M)
Accounts Payable1.5M1.5M1.9M5.9M3.7M3.8M
Cash1.1M5.2M56.6M19.3M6.6M6.4M
Non Current Assets Total12.7M79.5M202.4M200.9M78.6M82.5M
Non Currrent Assets Other49.9K1.1M489K3.6M97K92.2K
Cash And Short Term Investments1.1M5.2M56.6M19.3M6.6M6.4M
Common Stock Total Equity332.0K348.5K723.6K116K104.4K99.2K
Common Stock Shares Outstanding47.23301.0K2.6M111.6M7.0M5.1M
Liabilities And Stockholders Equity20.1M91.9M284.8M248.9M153.2M160.9M
Total Liab7.8M15.4M84.5M92.2M70.0M73.5M
Property Plant And Equipment Gross6.3M4.1M24.6M83.3M25.4M26.7M
Total Current Assets7.5M12.5M82.4M48.0M74.6M78.4M
Common Stock723.6K116K1.6M2.8M140K133K
Other Stockholder Equity114.9M171.0M258.3M317.1M320.0M336.0M
Short Long Term Debt Total4.5M2.4M60.1M66.0M62.8M66.0M
Net Receivables4.2M3.9M12.0M19.3M12.8M13.4M
Non Current Liabilities Total3.7M6.5M56.7M18.5M14.4M7.3M
Inventory1.7M2.0M10.4M7.7M2.8M1.8M
Other Current Assets459.9K1.4M3.5M1.7M839K632.0K
Short Term Debt1.3M445K4.3M48.0M48.5M50.9M
Intangible Assets934.8K23.5M38.6M30.7M20.2M21.2M
Accumulated Other Comprehensive Income(23.1K)(7.1K)(6.8M)3.4M36.4M0.0
Current Deferred Revenue935.0K5.3M21.2M707K222K210.9K
Net Tangible Assets4.2M9.7M22.8M68.7M79.0M82.9M
Other Assets843.1K42.7M489K2.7M3.1M5.9M
Long Term Debt2.3M2.0M55.7M10.2M7.5M8.8M
Retained Earnings Total Equity(101.9M)(100.4M)(103.3M)(101.4M)(91.2M)(95.8M)
Long Term Debt Total2.3M2.0M55.7M10.2M11.7M9.3M
Capital Surpluse114.9M174.4M294.7M317.1M364.7M382.9M
Deferred Long Term Liab126.0K169.0K43.6K3.5M4.0M4.2M
Non Current Liabilities Other391.3K507.1K507K880K583.1K733.0K

Pair Trading with DSS

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 DSS 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 DSS will appreciate offsetting losses from the drop in the long position's value.

Moving against DSS Stock

  0.58TTEK Tetra Tech Fiscal Year End 20th of November 2024 PairCorr
  0.55KBR KBR IncPairCorr
  0.53HRT HireRight Holdings Corp Earnings Call This WeekPairCorr
  0.42BBSI Barrett Business ServicesPairCorr
The ability to find closely correlated positions to DSS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DSS 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 DSS - 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 DSS Inc to buy it.
The correlation of DSS 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 DSS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DSS Inc 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 DSS 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 DSS Inc is a strong investment it is important to analyze DSS'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 DSS's future performance. For an informed investment choice regarding DSS Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DSS Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for DSS Stock analysis

When running DSS's price analysis, check to measure DSS'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 DSS is operating at the current time. Most of DSS's value examination focuses on studying past and present price action to predict the probability of DSS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DSS's price. Additionally, you may evaluate how the addition of DSS to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
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
Is DSS'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 DSS. If investors know DSS 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 DSS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(10.94)
Revenue Per Share
3.16
Quarterly Revenue Growth
(0.68)
Return On Assets
(0.08)
Return On Equity
(0.83)
The market value of DSS Inc is measured differently than its book value, which is the value of DSS that is recorded on the company's balance sheet. Investors also form their own opinion of DSS's value that differs from its market value or its book value, called intrinsic value, which is DSS'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 DSS's market value can be influenced by many factors that don't directly affect DSS'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 DSS's value and its price as these two are different measures arrived at by different means. Investors typically determine if DSS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DSS'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.