Duos Cash And Short Term Investments vs Net Debt Analysis

DUOT Stock

USD 2.71 0.04 1.45%

Duos Technologies financial indicator trend analysis is much more than just examining Duos Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Duos Technologies is a good investment. Please check the relationship between Duos Technologies Cash And Short Term Investments and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duos Technologies Group. 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.

Cash And Short Term Investments vs Net Debt

Cash And Short Term Investments vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Duos Technologies Cash And Short Term Investments account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Duos Technologies' Cash And Short Term Investments and Net Debt is -0.15. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Debt in the same time period over historical financial statements of Duos Technologies Group, assuming nothing else is changed. The correlation between historical values of Duos Technologies' Cash And Short Term Investments and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Duos Technologies Group are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash And Short Term Investments i.e., Duos Technologies' Cash And Short Term Investments and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.15

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Duos Technologies balance sheet. This account contains Duos Technologies investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Duos Technologies Group 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.

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.

Most indicators from Duos Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Duos Technologies 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 Duos Technologies Group. 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.

At this time, Duos Technologies' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 1.28 in 2024, whereas Enterprise Value Multiple is likely to drop (2.33) in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	4.9M	11.6M	12.8M	13.4M
Cost Of Revenue	10.8M	10.3M	6.2M	3.6M

Total Operating Expenses Cost Of Revenue

Duos Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Non Currrent Assets Other	Non Current Liabilities Total	Inventory
Total Assets		0.91	-0.18	0.43	0.82	0.93	0.67	0.6	-0.96	0.48	0.64	0.93	0.64	0.66	-0.56	0.95	0.41	0.97	0.92	0.93	0.92	0.26	-0.52	0.54	0.82	0.89
Short Long Term Debt Total	0.91		-0.06	0.39	0.64	0.96	0.54	0.82	-0.86	0.35	0.44	0.96	0.44	0.49	-0.39	0.9	0.39	0.87	0.85	0.95	0.72	0.36	-0.35	0.6	0.96	0.83
Other Current Liab	-0.18	-0.06		0.64	-0.63	-0.24	0.14	-0.05	-0.04	0.19	-0.02	-0.25	-0.02	0.0	0.45	-0.19	0.52	-0.05	-0.01	-0.26	-0.08	0.36	0.44	-0.18	-0.08	-0.4
Total Current Liabilities	0.43	0.39	0.64		-0.09	0.26	0.68	0.29	-0.59	0.79	0.22	0.25	0.22	0.73	-0.03	0.34	0.88	0.5	0.63	0.23	0.56	0.59	-0.02	-0.01	0.28	0.08
Total Stockholder Equity	0.82	0.64	-0.63	-0.09		0.75	0.36	0.29	-0.69	0.14	0.65	0.77	0.65	0.39	-0.67	0.82	-0.04	0.77	0.62	0.78	0.76	-0.04	-0.63	0.45	0.57	0.9
Property Plant And Equipment Net	0.93	0.96	-0.24	0.26	0.75		0.55	0.79	-0.83	0.31	0.42	1.0	0.42	0.48	-0.48	0.9	0.23	0.86	0.86	0.99	0.71	0.15	-0.44	0.72	0.94	0.87
Current Deferred Revenue	0.67	0.54	0.14	0.68	0.36	0.55		0.27	-0.76	0.47	0.49	0.55	0.49	0.62	-0.3	0.59	0.45	0.72	0.74	0.55	0.7	0.09	-0.28	0.43	0.45	0.41
Net Debt	0.6	0.82	-0.05	0.29	0.29	0.79	0.27		-0.49	0.36	-0.15	0.78	-0.15	0.38	-0.15	0.59	0.3	0.5	0.63	0.76	0.31	0.33	-0.12	0.58	0.85	0.58
Retained Earnings	-0.96	-0.86	-0.04	-0.59	-0.69	-0.83	-0.76	-0.49		-0.51	-0.71	-0.85	-0.71	-0.66	0.47	-0.9	-0.51	-0.99	-0.91	-0.85	-0.93	-0.34	0.44	-0.46	-0.75	-0.78
Accounts Payable	0.48	0.35	0.19	0.79	0.14	0.31	0.47	0.36	-0.51		0.04	0.29	0.04	0.93	-0.26	0.33	0.79	0.45	0.64	0.26	0.6	0.47	-0.25	-0.05	0.21	0.22
Cash	0.64	0.44	-0.02	0.22	0.65	0.42	0.49	-0.15	-0.71	0.04		0.44	1.0	0.24	-0.44	0.62	0.21	0.72	0.49	0.46	0.75	0.11	-0.43	0.13	0.32	0.51
Non Current Assets Total	0.93	0.96	-0.25	0.25	0.77	1.0	0.55	0.78	-0.85	0.29	0.44		0.44	0.46	-0.47	0.91	0.21	0.87	0.85	1.0	0.72	0.15	-0.43	0.72	0.94	0.9
Cash And Short Term Investments	0.64	0.44	-0.02	0.22	0.65	0.42	0.49	-0.15	-0.71	0.04	1.0	0.44		0.24	-0.44	0.62	0.21	0.72	0.49	0.46	0.75	0.11	-0.43	0.13	0.32	0.51
Net Receivables	0.66	0.49	0.0	0.73	0.39	0.48	0.62	0.38	-0.66	0.93	0.24	0.46	0.24		-0.44	0.52	0.71	0.62	0.75	0.43	0.77	0.42	-0.43	0.07	0.33	0.42
Common Stock Total Equity	-0.56	-0.39	0.45	-0.03	-0.67	-0.48	-0.3	-0.15	0.47	-0.26	-0.44	-0.47	-0.44	-0.44		-0.53	-0.17	-0.5	-0.46	-0.47	-0.57	0.06	1.0	-0.13	-0.27	-0.49
Common Stock Shares Outstanding	0.95	0.9	-0.19	0.34	0.82	0.9	0.59	0.59	-0.9	0.33	0.62	0.91	0.62	0.52	-0.53		0.33	0.94	0.86	0.92	0.85	0.32	-0.49	0.54	0.85	0.93
Other Current Assets	0.41	0.39	0.52	0.88	-0.04	0.23	0.45	0.3	-0.51	0.79	0.21	0.21	0.21	0.71	-0.17	0.33		0.44	0.57	0.19	0.56	0.75	-0.17	-0.29	0.23	0.07
Other Stockholder Equity	0.97	0.87	-0.05	0.5	0.77	0.86	0.72	0.5	-0.99	0.45	0.72	0.87	0.72	0.62	-0.5	0.94	0.44		0.89	0.88	0.93	0.31	-0.46	0.49	0.76	0.85
Total Liab	0.92	0.85	-0.01	0.63	0.62	0.86	0.74	0.63	-0.91	0.64	0.49	0.85	0.49	0.75	-0.46	0.86	0.57	0.89		0.84	0.85	0.36	-0.43	0.47	0.79	0.71
Property Plant And Equipment Gross	0.93	0.95	-0.26	0.23	0.78	0.99	0.55	0.76	-0.85	0.26	0.46	1.0	0.46	0.43	-0.47	0.92	0.19	0.88	0.84		0.72	0.15	-0.43	0.71	0.93	0.91
Total Current Assets	0.92	0.72	-0.08	0.56	0.76	0.71	0.7	0.31	-0.93	0.6	0.75	0.72	0.75	0.77	-0.57	0.85	0.56	0.93	0.85	0.72		0.34	-0.54	0.27	0.56	0.75
Short Term Debt	0.26	0.36	0.36	0.59	-0.04	0.15	0.09	0.33	-0.34	0.47	0.11	0.15	0.11	0.42	0.06	0.32	0.75	0.31	0.36	0.15	0.34		0.07	-0.37	0.29	0.12
Common Stock	-0.52	-0.35	0.44	-0.02	-0.63	-0.44	-0.28	-0.12	0.44	-0.25	-0.43	-0.43	-0.43	-0.43	1.0	-0.49	-0.17	-0.46	-0.43	-0.43	-0.54	0.07		-0.1	-0.23	-0.44
Non Currrent Assets Other	0.54	0.6	-0.18	-0.01	0.45	0.72	0.43	0.58	-0.46	-0.05	0.13	0.72	0.13	0.07	-0.13	0.54	-0.29	0.49	0.47	0.71	0.27	-0.37	-0.1		0.71	0.64
Non Current Liabilities Total	0.82	0.96	-0.08	0.28	0.57	0.94	0.45	0.85	-0.75	0.21	0.32	0.94	0.32	0.33	-0.27	0.85	0.23	0.76	0.79	0.93	0.56	0.29	-0.23	0.71		0.79
Inventory	0.89	0.83	-0.4	0.08	0.9	0.87	0.41	0.58	-0.78	0.22	0.51	0.9	0.51	0.42	-0.49	0.93	0.07	0.85	0.71	0.91	0.75	0.12	-0.44	0.64	0.79

Click cells to compare fundamentals

Duos Technologies Account Relationship Matchups

Duos Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.5M	6.4M	9.5M	13.1M	12.8M	13.5M
Short Long Term Debt Total	1.6M	1.8M	5.2M	5.3M	5.0M	5.3M
Other Current Liab	521.2K	1.0M	618.1K	453.0K	164.1K	155.9K
Total Current Liabilities	5.4M	3.6M	3.9M	4.5M	3.2M	2.7M
Total Stockholder Equity	(127.3K)	1.9M	781.5K	4.1M	5.4M	5.6M
Property Plant And Equipment Net	690.3K	538.3K	5.5M	5.3M	5.1M	5.4M
Current Deferred Revenue	945.1K	1.0M	1.8M	958.0K	1.7M	1.7M
Net Debt	1.5M	(2.1M)	4.3M	4.2M	2.6M	2.7M
Retained Earnings	(32.7M)	(39.5M)	(45.5M)	(52.4M)	(63.6M)	(60.4M)
Accounts Payable	2.6M	607.0K	1.0M	2.3M	595.6K	800.1K
Cash	56.2K	4.0M	893.7K	1.1M	2.4M	2.6M
Non Current Assets Total	771.9K	602.7K	6.2M	6.3M	6.6M	6.9M
Cash And Short Term Investments	56.2K	4.0M	893.7K	1.1M	2.4M	2.6M
Net Receivables	4.0M	1.3M	1.7M	3.8M	2.1M	1.2M
Common Stock Total Equity	20.7K	21.1K	2.0K	3.5K	3.2K	3.0K
Common Stock Shares Outstanding	1.8M	3.3M	3.7M	6.2M	7.2M	7.6M
Liabilities And Stockholders Equity	5.5M	6.4M	9.5M	13.1M	12.8M	13.5M
Other Current Assets	716.6K	486.6K	354.6K	441.3K	184.5K	287.7K
Other Stockholder Equity	30.9M	39.7M	42.9M	56.4M	69.0M	72.4M
Total Liab	5.7M	4.5M	8.7M	9.0M	7.5M	7.8M
Property Plant And Equipment Gross	690.3K	538.3K	5.5M	5.3M	6.5M	6.8M
Total Current Assets	4.8M	5.8M	3.3M	6.8M	6.3M	6.6M
Short Term Debt	1.3M	962.8K	448.1K	794.3K	821.1K	531.5K
Common Stock	2.0K	3.5K	4.1K	7.2K	7.3K	6.9K
Non Currrent Assets Other	298.1K	(771.9K)	(602.7K)	600K	550K	577.5K
Non Current Liabilities Total	291.8K	886.0K	4.8M	4.5M	4.2M	4.4M
Intangible Assets	81.6K	64.4K	66.5K	334.9K	782.0K	821.1K
Net Tangible Assets	(3.1M)	(1.9M)	114.4K	(2.6M)	(3.0M)	(3.2M)
Capital Surpluse	26.6M	27.4M	31.1M	41.5M	47.8M	27.6M
Short Long Term Debt	975.3K	670.4K	132.8K	97.4K	42.0K	39.9K
Property Plant Equipment	204.2K	690.3K	538.3K	5.5M	6.4M	6.7M
Net Invested Capital	(857.0K)	1.6M	(2.4M)	4.1M	5.4M	5.7M
Net Working Capital	(607.4K)	2.2M	(651.4K)	2.3M	3.0M	3.2M
Capital Stock	1.7M	1.7M	3.4M	7.2K	7.3K	7.0K

Pair Trading with Duos Technologies

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

Moving together with Duos Stock

0.66

C3 Ai Inc Financial Report 29th of May 2024

Pair Corr

Moving against Duos Stock

0.51	DPSI	DecisionPoint Systems Financial Report 20th of May 2024	Pair Corr
0.41	ML	MoneyLion	Pair Corr

The ability to find closely correlated positions to Duos Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Duos Technologies 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 Duos Technologies - 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 Duos Technologies Group to buy it.

The correlation of Duos Technologies 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 Duos Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Duos Technologies 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 Duos Technologies 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 Correlation Correlation Matching

When determining whether Duos Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Duos Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Duos Technologies Group Stock. Highlighted below are key reports to facilitate an investment decision about Duos Technologies Group Stock:

How To Invest In Duos

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Is Duos Stock a good investment?

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What is Duos Technologies' Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duos Technologies Group. 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.

You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Duos Technologies' price analysis, check to measure Duos Technologies' 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 Duos Technologies is operating at the current time. Most of Duos Technologies' value examination focuses on studying past and present price action to predict the probability of Duos Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Duos Technologies' price. Additionally, you may evaluate how the addition of Duos Technologies to your portfolios can decrease your overall portfolio volatility.

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Is Duos Technologies' 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 Duos Technologies. If investors know Duos 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 Duos Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(1.56)

Revenue Per Share

1.037

Quarterly Revenue Growth

(0.74)

Return On Assets

(0.55)

Return On Equity

(2.39)

The market value of Duos Technologies is measured differently than its book value, which is the value of Duos that is recorded on the company's balance sheet. Investors also form their own opinion of Duos Technologies' value that differs from its market value or its book value, called intrinsic value, which is Duos Technologies' 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 Duos Technologies' market value can be influenced by many factors that don't directly affect Duos Technologies' 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 Duos Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Duos Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Duos Technologies' 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.

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Duos Cash And Short Term Investments vs Net Debt Analysis

Cash And Short Term Investments vs Net Debt

Cash And Short Term Investments vs Net Debt Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Net Debt

Duos Technologies fundamental ratios Correlations

Duos Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Duos Technologies fundamental ratios Accounts

Pair Trading with Duos Technologies

Moving together with Duos Stock

Moving against Duos Stock

Complementary Tools for Duos Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Common Stock	+ 1.0	Common Stock Total Equity
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Other Stockholder Equity	+ 0.97	Total Assets

Other Stockholder Equity	- 0.99	Retained Earnings
Retained Earnings	- 0.96	Total Assets
Total Current Assets	- 0.93	Retained Earnings
Total Liab	- 0.91	Retained Earnings
Common Stock Shares Outstanding	- 0.9	Retained Earnings
Retained Earnings	- 0.86	Short Long Term Debt Total