DoorDash Net Income vs Gross Profit Analysis
| DASH Stock | USD 112.81 0.01 0.01% |
DoorDash financial indicator trend analysis is much more than just examining DoorDash Class A latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DoorDash Class A is a good investment. Please check the relationship between DoorDash Net Income and its Gross Profit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DoorDash Class A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Net Income vs Gross Profit
Net Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DoorDash Class A Net Income account and Gross Profit. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between DoorDash's Net Income and Gross Profit is -0.7. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of DoorDash Class A, assuming nothing else is changed. The correlation between historical values of DoorDash's Net Income and Gross Profit 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 Income of DoorDash Class A are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., DoorDash's Net Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.7 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in DoorDash Class A financial statement analysis. It represents the amount of money remaining after all of DoorDash Class A operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Gross Profit
Gross profit is a required income statement account that reflects total revenue of DoorDash Class A minus its cost of goods sold. It is profit before DoorDash operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from DoorDash's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DoorDash Class A 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 DoorDash Class A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. The DoorDash's current Sales General And Administrative To Revenue is estimated to increase to 0.22, while Tax Provision is projected to decrease to (3.1 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.6B | 3.0B | 4.0B | 2.1B | Total Revenue | 4.9B | 6.6B | 8.6B | 4.4B |
DoorDash fundamental ratios Correlations
Click cells to compare fundamentals
DoorDash Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DoorDash fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.7B | 6.4B | 6.8B | 9.8B | 10.8B | 6.6B | |
| Other Current Liab | 318M | 807M | 1.4B | 2.1B | 347M | 329.7M | |
| Total Current Liabilities | 382M | 1.4B | 1.8B | 2.5B | 3.4B | 1.8B | |
| Total Stockholder Equity | 1.2B | 4.7B | 4.7B | 6.8B | 6.8B | 4.5B | |
| Other Liab | 1M | 13M | 9M | 21M | 24.2M | 15.0M | |
| Net Tangible Assets | (1.5B) | 4.3B | 4.3B | 3.6B | 4.2B | 2.3B | |
| Property Plant And Equipment Net | 267M | 413M | 738M | 1.1B | 1.1B | 671M | |
| Current Deferred Revenue | 27M | 136M | 183M | 251M | 308M | 167.4M | |
| Net Debt | (73M) | (3.7B) | (2.1B) | (1.5B) | (2.1B) | (2.2B) | |
| Retained Earnings | (1.2B) | (1.6B) | (2.1B) | (3.8B) | (5.2B) | (4.9B) | |
| Accounts Payable | 20M | 80M | 161M | 157M | 216M | 122.7M | |
| Cash | 257M | 4.3B | 2.5B | 2.0B | 2.7B | 2.2B | |
| Non Current Assets Total | 734M | 836M | 2.2B | 5.1B | 5.2B | 5.5B | |
| Non Currrent Assets Other | 58M | 33M | 70M | 340M | 374M | 392.7M | |
| Other Assets | 58M | 33M | 70M | 340M | 391M | 410.6M | |
| Cash And Short Term Investments | 765M | 4.9B | 3.8B | 3.5B | 4.1B | 3.2B | |
| Net Receivables | 58M | 291M | 349M | 400M | 533M | 302.5M | |
| Short Term Investments | 508M | 514M | 1.3B | 1.5B | 1.4B | 1.0B | |
| Liabilities And Stockholders Equity | 1.7B | 6.4B | 6.8B | 9.8B | 10.8B | 6.6B | |
| Non Current Liabilities Total | 168M | 251M | 382M | 477M | 616M | 351.6M | |
| Capital Lease Obligations | 184M | 253M | 399M | 511M | 522M | 342.7M | |
| Other Current Assets | 125M | 367M | 459M | 358M | 630M | 370.2M | |
| Other Stockholder Equity | 70M | (40M) | 6.8B | 10.6B | 11.9B | 12.5B | |
| Total Liab | 550M | 1.7B | 2.1B | 3.0B | 4.0B | 2.1B | |
| Net Invested Capital | (1.1B) | 5.1B | 4.7B | 6.8B | 6.8B | 4.0B | |
| Property Plant And Equipment Gross | 267M | 413M | 738M | 1.1B | 2.0B | 2.1B | |
| Total Current Assets | 998M | 5.5B | 4.6B | 4.7B | 5.6B | 4.0B | |
| Non Current Liabilities Other | 1M | 13M | 9M | 21M | 162M | 170.1M | |
| Net Working Capital | 616M | 4.1B | 2.8B | 2.2B | 2.2B | 2.3B | |
| Short Term Debt | 17M | 379M | 26M | 55M | 68M | 102.9M | |
| Property Plant Equipment | 267M | 413M | 738M | 1.1B | 1.2B | 1.3B |
Currently Active Assets on Macroaxis
When determining whether DoorDash Class A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DoorDash's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Doordash Class A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Doordash Class A Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DoorDash Class A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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When running DoorDash's price analysis, check to measure DoorDash'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 DoorDash is operating at the current time. Most of DoorDash's value examination focuses on studying past and present price action to predict the probability of DoorDash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DoorDash's price. Additionally, you may evaluate how the addition of DoorDash to your portfolios can decrease your overall portfolio volatility.
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Is DoorDash's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DoorDash. If investors know DoorDash will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DoorDash listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.07) | Revenue Per Share 23.416 | Quarterly Revenue Growth 0.235 | Return On Assets (0.03) | Return On Equity (0.06) |
The market value of DoorDash Class A is measured differently than its book value, which is the value of DoorDash that is recorded on the company's balance sheet. Investors also form their own opinion of DoorDash's value that differs from its market value or its book value, called intrinsic value, which is DoorDash's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DoorDash's market value can be influenced by many factors that don't directly affect DoorDash's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DoorDash's value and its price as these two are different measures arrived at by different means. Investors typically determine if DoorDash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DoorDash's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.