Asset Breakdown
7 B
Assets Non Current
5.4 B
Goodwill
2.5 B
Current Assets
| Total Assets | 9.97 Billion | |
| Current Assets | 2.5 Billion | |
| Assets Non Current | 7.03 Billion | |
| Goodwill | 5.39 Billion | |
| Tax Assets | 54.01 Million |
Will Dover (NYSE:DOV) continue to grow in November?
 | By Rifka Kats | Macroaxis Story |
Dover is scheduled to announce its earnings today. The next earnings report is expected on the 4th of February 2021. Dover PPandE Turnover is fairly stable at the moment as compared to the past year. Dover reported PPandE Turnover of 8.66 in 2019. Receivables Turnover is likely to climb to 6.69 in 2020, whereas Revenue Per Employee is likely to drop slightly above 264.7 K in 2020. As many passive investors are finally getting excited about industrials space, Dover could be a good starting point.
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Reviewed by Michael Smolkin
This firm has 3.51 B in debt with debt to equity (D/E) ratio of 1.13, which is OK given its current industry classification. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Dover has an asset utilization ratio of 78.55 percent. This indicates that the company is making $0.79 for each dollar of assets. An increasing asset utilization means that Dover is more efficient with each dollar of assets it utilizes for everyday operations. Dover financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Dover, including all of Dover's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Dover assets, the company is considered highly leveraged. Understanding the composition and structure of overall Dover debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.
Understanding Dover Total Liabilities
Dover liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. Dover has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on Dover balance sheet include debt obligations and money owed to different Dover vendors, workers, and loan providers. Below is the chart of Dover short long-term liabilities accounts currently reported on its balance sheet. You can use Dover financial leverage analysis tool to get a better grip on understanding its financial positionHow important is Dover's Liquidity
Dover financial leverage refers to using borrowed capital as a funding source to finance Dover ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Dover financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Dover's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Dover's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Dover's total debt and its cash.
A Deeper look at Dover
The company reported the last year's revenue of 6.76 B. Total Income to common stockholders was 675.17 M with profit before taxes, overhead, and interest of 2.63 B.
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