Duos Net Receivables vs Short Long Term Debt Total Analysis

DUOT Stock  USD 2.75  0.15  5.17%   
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 Net Receivables and its Short Long Term Debt Total 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.

Net Receivables vs Short Long Term Debt Total

Net Receivables vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Duos Technologies Net Receivables account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Duos Technologies' Net Receivables and Short Long Term Debt Total is 0.49. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Short Long Term Debt Total 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' Net Receivables and Short Long Term Debt Total 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 Duos Technologies Group are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Net Receivables i.e., Duos Technologies' Net Receivables and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Short Long Term Debt Total

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 Expenses4.9M11.6M12.8M13.4M
Cost Of Revenue10.8M10.3M6.2M3.6M

Duos Technologies fundamental ratios Correlations

0.91-0.180.430.820.930.670.6-0.960.480.640.930.640.66-0.560.950.410.970.920.930.920.26-0.520.540.820.89
0.91-0.060.390.640.960.540.82-0.860.350.440.960.440.49-0.390.90.390.870.850.950.720.36-0.350.60.960.83
-0.18-0.060.64-0.63-0.240.14-0.05-0.040.19-0.02-0.25-0.020.00.45-0.190.52-0.05-0.01-0.26-0.080.360.44-0.18-0.08-0.4
0.430.390.64-0.090.260.680.29-0.590.790.220.250.220.73-0.030.340.880.50.630.230.560.59-0.02-0.010.280.08
0.820.64-0.63-0.090.750.360.29-0.690.140.650.770.650.39-0.670.82-0.040.770.620.780.76-0.04-0.630.450.570.9
0.930.96-0.240.260.750.550.79-0.830.310.421.00.420.48-0.480.90.230.860.860.990.710.15-0.440.720.940.87
0.670.540.140.680.360.550.27-0.760.470.490.550.490.62-0.30.590.450.720.740.550.70.09-0.280.430.450.41
0.60.82-0.050.290.290.790.27-0.490.36-0.150.78-0.150.38-0.150.590.30.50.630.760.310.33-0.120.580.850.58
-0.96-0.86-0.04-0.59-0.69-0.83-0.76-0.49-0.51-0.71-0.85-0.71-0.660.47-0.9-0.51-0.99-0.91-0.85-0.93-0.340.44-0.46-0.75-0.78
0.480.350.190.790.140.310.470.36-0.510.040.290.040.93-0.260.330.790.450.640.260.60.47-0.25-0.050.210.22
0.640.44-0.020.220.650.420.49-0.15-0.710.040.441.00.24-0.440.620.210.720.490.460.750.11-0.430.130.320.51
0.930.96-0.250.250.771.00.550.78-0.850.290.440.440.46-0.470.910.210.870.851.00.720.15-0.430.720.940.9
0.640.44-0.020.220.650.420.49-0.15-0.710.041.00.440.24-0.440.620.210.720.490.460.750.11-0.430.130.320.51
0.660.490.00.730.390.480.620.38-0.660.930.240.460.24-0.440.520.710.620.750.430.770.42-0.430.070.330.42
-0.56-0.390.45-0.03-0.67-0.48-0.3-0.150.47-0.26-0.44-0.47-0.44-0.44-0.53-0.17-0.5-0.46-0.47-0.570.061.0-0.13-0.27-0.49
0.950.9-0.190.340.820.90.590.59-0.90.330.620.910.620.52-0.530.330.940.860.920.850.32-0.490.540.850.93
0.410.390.520.88-0.040.230.450.3-0.510.790.210.210.210.71-0.170.330.440.570.190.560.75-0.17-0.290.230.07
0.970.87-0.050.50.770.860.720.5-0.990.450.720.870.720.62-0.50.940.440.890.880.930.31-0.460.490.760.85
0.920.85-0.010.630.620.860.740.63-0.910.640.490.850.490.75-0.460.860.570.890.840.850.36-0.430.470.790.71
0.930.95-0.260.230.780.990.550.76-0.850.260.461.00.460.43-0.470.920.190.880.840.720.15-0.430.710.930.91
0.920.72-0.080.560.760.710.70.31-0.930.60.750.720.750.77-0.570.850.560.930.850.720.34-0.540.270.560.75
0.260.360.360.59-0.040.150.090.33-0.340.470.110.150.110.420.060.320.750.310.360.150.340.07-0.370.290.12
-0.52-0.350.44-0.02-0.63-0.44-0.28-0.120.44-0.25-0.43-0.43-0.43-0.431.0-0.49-0.17-0.46-0.43-0.43-0.540.07-0.1-0.23-0.44
0.540.6-0.18-0.010.450.720.430.58-0.46-0.050.130.720.130.07-0.130.54-0.290.490.470.710.27-0.37-0.10.710.64
0.820.96-0.080.280.570.940.450.85-0.750.210.320.940.320.33-0.270.850.230.760.790.930.560.29-0.230.710.79
0.890.83-0.40.080.90.870.410.58-0.780.220.510.90.510.42-0.490.930.070.850.710.910.750.12-0.440.640.79
Click cells to compare fundamentals

Duos Technologies Account Relationship Matchups

Duos Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.5M6.4M9.5M13.1M12.8M13.5M
Short Long Term Debt Total1.6M1.8M5.2M5.3M5.0M5.3M
Other Current Liab521.2K1.0M618.1K453.0K164.1K155.9K
Total Current Liabilities5.4M3.6M3.9M4.5M3.2M2.7M
Total Stockholder Equity(127.3K)1.9M781.5K4.1M5.4M5.6M
Property Plant And Equipment Net690.3K538.3K5.5M5.3M5.1M5.4M
Current Deferred Revenue945.1K1.0M1.8M958.0K1.7M1.7M
Net Debt1.5M(2.1M)4.3M4.2M2.6M2.7M
Retained Earnings(32.7M)(39.5M)(45.5M)(52.4M)(63.6M)(60.4M)
Accounts Payable2.6M607.0K1.0M2.3M595.6K800.1K
Cash56.2K4.0M893.7K1.1M2.4M2.6M
Non Current Assets Total771.9K602.7K6.2M6.3M6.6M6.9M
Cash And Short Term Investments56.2K4.0M893.7K1.1M2.4M2.6M
Net Receivables4.0M1.3M1.7M3.8M2.1M1.2M
Common Stock Total Equity20.7K21.1K2.0K3.5K3.2K3.0K
Common Stock Shares Outstanding1.8M3.3M3.7M6.2M7.2M7.6M
Liabilities And Stockholders Equity5.5M6.4M9.5M13.1M12.8M13.5M
Other Current Assets716.6K486.6K354.6K441.3K184.5K287.7K
Other Stockholder Equity30.9M39.7M42.9M56.4M69.0M72.4M
Total Liab5.7M4.5M8.7M9.0M7.5M7.8M
Property Plant And Equipment Gross690.3K538.3K5.5M5.3M6.5M6.8M
Total Current Assets4.8M5.8M3.3M6.8M6.3M6.6M
Short Term Debt1.3M962.8K448.1K794.3K821.1K531.5K
Common Stock2.0K3.5K4.1K7.2K7.3K6.9K
Non Currrent Assets Other298.1K(771.9K)(602.7K)600K550K577.5K
Non Current Liabilities Total291.8K886.0K4.8M4.5M4.2M4.4M
Intangible Assets81.6K64.4K66.5K334.9K782.0K821.1K
Net Tangible Assets(3.1M)(1.9M)114.4K(2.6M)(3.0M)(3.2M)
Capital Surpluse26.6M27.4M31.1M41.5M47.8M27.6M
Short Long Term Debt975.3K670.4K132.8K97.4K42.0K39.9K
Property Plant Equipment204.2K690.3K538.3K5.5M6.4M6.7M
Net Invested Capital(857.0K)1.6M(2.4M)4.1M5.4M5.7M
Net Working Capital(607.4K)2.2M(651.4K)2.3M3.0M3.2M
Capital Stock1.7M1.7M3.4M7.2K7.3K7.0K

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

  0.67AI C3 Ai Inc Financial Report 29th of May 2024 PairCorr

Moving against Duos Stock

  0.49DPSI DecisionPoint Systems Financial Report 20th of May 2024 PairCorr
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 CorrelationCorrelation 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:
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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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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.