Dover Downs Fundamental Relationships

DDE -- USA Stock  

USD 3.23  0.01  0.31%

The Drivers Module shows relationships between Dover Downs's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Dover Downs Gaming Entertainment over time as well as its relative position and ranking within its peers. Additionally see Investing Opportunities

Dover Downs Gaming Return On Asset vs. Current Asset Fundamental Analysis

Dover Downs Gaming Entertainment is rated below average in current asset category among related companies. It is rated below average in return on asset category among related companies . The ratio of Current Asset to Return On Asset for Dover Downs Gaming Entertainment is about  432,257,143 
Current Asset is all of company's assets that can be used to pay off current liabilities within current fiscal period or over next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Dover Downs 
Current Asset 
 = 
Cash 
Deposits 
Liquid Assets 
=
30.26 M
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets, since these assets can be easily liquidated in case the company goes bankrupt. However it is usually not enough to know if a company is in a good shape just based on current asset alone; the amount of current liabilities should always be considered.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Dover Downs 
Return on Asset 
 = 
Net Income 
Total Assets 
X
100 
=
0.07 %
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Dover Downs Gaming Return On Asset Comparison

  Return On Asset 
      Dover Downs Comparables 
Dover Downs is currently under evaluation in return on asset category among related companies.
  Revenue 
      Dover Downs Comparables 
Dover Downs is currently under evaluation in revenue category among related companies.