Dover Downs Fundamental Drivers

Dover Downs Gaming Entertainment -- USA Stock  

USD 1.33  0.02  1.48%

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 Cash and Equivalents vs. Current Liabilities Fundamental Analysis

Dover Downs Gaming Entertainment is rated below average in current liabilities category among related companies. It is rated below average in cash and equivalents category among related companies creating about  0.46  of Cash and Equivalents per Current Liabilities. The ratio of Current Liabilities to Cash and Equivalents for Dover Downs Gaming Entertainment is roughly  2.16 
Current Liabilities is company's short term debts. This usually includes obligations that are due within next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Dover Downs 
Current Liabilities 
 = 
Payables 
Accrued Debt 
=
23.14 M
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Cash or Cash Equivalents are the most liquid of all assets found on company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Dover Downs 
Cash 
 = 
Bank Deposits 
+  
Liquidities 
=
10.71 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually 3 months).

Dover Downs Gaming Cash and Equivalents Comparison

  Cash and Equivalents 
      Dover Downs Comparables 
Dover Downs is one of the top stocks in cash and equivalents category among related companies.

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Revenue

Dover Downs Revenue Analysis
Dover Downs Gaming Entertainment is rated below average in revenue category among related companies. Market size based on revenue of Entertainment industry is currently estimated at about 11.26 Billion. Dover Downs claims roughly 176.92 Million in revenue contributing just under 2% to equities under Entertainment industry.