Dover Downs Return on Invested Capital Trend

DDE -- USA Stock  

USD 1.74  0.10  5.43%

This module enables investors to look at Dover Downs various fundamental indicators over time in order to gain insight into the company future performance. Macroaxis historical fundamental analysis tools allow evaluation of not only typical financial statement drivers such as Consolidated Income of 2.2 M, Cost of Revenue of 194.3 M or Earning Before Interest and Taxes EBIT of 4.6 M, but also many exotic indicators such as Asset Turnover of 1.2282, Book Value per Share of 4.1176 or Current Ratio of 0.63. This module is a perfect complement to use when analyzing Dover Downs Valuation or Volatility. It can also complement various Dover Downs Technical models. Additionally see analysis of Dover Downs Correlation with competitors.
Showing smoothed Return on Invested Capital of Dover Downs Gaming Entertainment with missing and latest data points interpolated. Return on Invested Capital is ratio estimated by dividing Earning Before Interest and Taxes EBIT by Invested Capital Average. Invested Capital is calculated as: Total Debt plus Total Assets minus intangible assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.
Return on Invested Capital10 Years Trend
Decreasing
Slightly volatile
 Return on Invested Capital 
      Timeline 

Regression Statistics

Arithmetic Mean  0.09
Geometric Mean  0.046228
Coefficient Of Variation  138.75
Mean Deviation  0.08
Median  0.044
Standard Deviation  0.12
Sample Variance  0.014488
Range  0.44
R Value (0.72)
Mean Square Error  0.007643
R Squared  0.52
Significance  0.005648
Slope (0.022211)
Total Sum of Squares  0.17

Dover Downs Return on Invested Capital Over Time

2016-12-31  0.027 
2017-12-31  0.027 
2018-12-31  0.031765 

Other Fundumenentals

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Additionally see analysis of Dover Downs Correlation with competitors. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.