Diginex Net Invested Capital vs Net Receivables Analysis
| DGNX Stock | 8.70 0.46 5.02% |
Diginex Limited financial indicator trend analysis is much more than just examining Diginex Limited Ordinary latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diginex Limited Ordinary is a good investment. Please check the relationship between Diginex Limited Net Invested Capital and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diginex Limited Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Net Invested Capital vs Net Receivables
Net Invested Capital vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diginex Limited Ordinary Net Invested Capital account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Diginex Limited's Net Invested Capital and Net Receivables is 0.96. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Diginex Limited Ordinary, assuming nothing else is changed. The correlation between historical values of Diginex Limited's Net Invested Capital and Net Receivables 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 Invested Capital of Diginex Limited Ordinary are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Invested Capital i.e., Diginex Limited's Net Invested Capital and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Net Receivables
Most indicators from Diginex Limited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diginex Limited Ordinary 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 Diginex Limited Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Diginex Limited's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to rise to about 1.5 B in 2025, whereas Selling General Administrative is likely to drop slightly above 7.5 M in 2025.
| 2022 | 2023 | 2024 | 2025 (projected) | Depreciation And Amortization | 1.0K | 103.3K | 125.6K | 63.3K | Interest Income | 576.0 | 873.0 | 85.0 | 80.75 |
Diginex Limited fundamental ratios Correlations
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Diginex Limited Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Diginex Limited's price analysis, check to measure Diginex Limited'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 Diginex Limited is operating at the current time. Most of Diginex Limited's value examination focuses on studying past and present price action to predict the probability of Diginex Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diginex Limited's price. Additionally, you may evaluate how the addition of Diginex Limited to your portfolios can decrease your overall portfolio volatility.