Dollar Accumulated Other Comprehensive Income vs Accounts Payable Analysis

DG Stock  USD 145.68  1.19  0.82%   
Dollar General financial indicator trend analysis is much more than just examining Dollar General latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dollar General is a good investment. Please check the relationship between Dollar General Accumulated Other Comprehensive Income and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dollar General. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Dollar Stock please use our How to Invest in Dollar General guide.

Accumulated Other Comprehensive Income vs Accounts Payable

Accumulated Other Comprehensive Income vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dollar General Accumulated Other Comprehensive Income account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Dollar General's Accumulated Other Comprehensive Income and Accounts Payable is 0.87. Overlapping area represents the amount of variation of Accumulated Other Comprehensive Income that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Dollar General, assuming nothing else is changed. The correlation between historical values of Dollar General's Accumulated Other Comprehensive Income and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Other Comprehensive Income of Dollar General are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Accumulated Other Comprehensive Income i.e., Dollar General's Accumulated Other Comprehensive Income and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Accumulated Other Comprehensive Income

Gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized.

Accounts Payable

An accounting item on the balance sheet that represents Dollar General obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Dollar General are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Dollar General's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dollar General 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 Dollar General. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Dollar Stock please use our How to Invest in Dollar General guide.At this time, Dollar General's Enterprise Value Over EBITDA is most likely to increase slightly in the upcoming years. The Dollar General's current Enterprise Value Multiple is estimated to increase to 16.16, while Selling General Administrative is projected to decrease to roughly 5.1 B.
 2021 2022 2023 2024 (projected)
Gross Profit10.8B11.8B11.7B12.3B
Total Revenue34.2B37.8B38.7B40.6B

Dollar General fundamental ratios Correlations

0.980.610.990.70.980.980.620.521.0-0.330.52-0.820.980.980.830.730.990.980.980.940.960.840.04-0.010.68
0.980.510.970.551.01.00.470.490.98-0.420.49-0.840.990.940.730.60.990.990.930.950.920.84-0.11-0.160.66
0.610.510.640.70.540.490.770.530.610.510.53-0.440.530.570.530.580.560.570.60.570.650.390.250.210.23
0.990.970.640.70.970.960.640.540.98-0.310.54-0.870.960.980.830.710.980.960.980.930.980.88-0.01-0.060.63
0.70.550.70.70.550.540.940.480.670.00.48-0.460.570.750.780.960.60.550.760.510.750.520.620.590.55
0.981.00.540.970.551.00.50.50.98-0.370.5-0.850.990.930.720.590.990.990.930.950.930.85-0.13-0.180.63
0.981.00.490.960.541.00.460.450.98-0.430.45-0.840.990.940.730.590.990.990.930.950.920.85-0.12-0.170.66
0.620.470.770.640.940.50.460.520.60.190.52-0.490.490.660.680.80.530.50.690.470.70.510.450.420.33
0.520.490.530.540.480.50.450.520.5-0.011.0-0.380.480.470.30.410.50.470.570.430.560.380.10.080.29
1.00.980.610.980.670.980.980.60.5-0.320.5-0.810.990.970.810.710.990.980.960.950.950.830.03-0.020.68
-0.33-0.420.51-0.310.0-0.37-0.430.19-0.01-0.32-0.010.38-0.38-0.39-0.28-0.18-0.37-0.31-0.36-0.25-0.31-0.450.170.16-0.48
0.520.490.530.540.480.50.450.521.00.5-0.01-0.380.480.470.30.410.50.470.570.430.560.380.10.080.29
-0.82-0.84-0.44-0.87-0.46-0.85-0.84-0.49-0.38-0.810.38-0.38-0.82-0.86-0.73-0.43-0.84-0.83-0.85-0.82-0.87-0.890.370.41-0.34
0.980.990.530.960.570.990.990.490.480.99-0.380.48-0.820.940.770.621.00.990.940.960.910.83-0.08-0.130.66
0.980.940.570.980.750.930.940.660.470.97-0.390.47-0.860.940.910.780.960.930.990.90.970.870.070.020.66
0.830.730.530.830.780.720.730.680.30.81-0.280.3-0.730.770.910.810.790.760.890.770.820.760.230.180.55
0.730.60.580.710.960.590.590.80.410.71-0.180.41-0.430.620.780.810.640.570.780.530.750.520.660.630.69
0.990.990.560.980.60.990.990.530.50.99-0.370.5-0.841.00.960.790.640.990.950.960.940.85-0.06-0.110.66
0.980.990.570.960.550.990.990.50.470.98-0.310.47-0.830.990.930.760.570.990.920.980.90.83-0.13-0.180.61
0.980.930.60.980.760.930.930.690.570.96-0.360.57-0.850.940.990.890.780.950.920.890.970.860.080.030.65
0.940.950.570.930.510.950.950.470.430.95-0.250.43-0.820.960.90.770.530.960.980.890.850.81-0.15-0.210.52
0.960.920.650.980.750.930.920.70.560.95-0.310.56-0.870.910.970.820.750.940.90.970.850.880.040.00.64
0.840.840.390.880.520.850.850.510.380.83-0.450.38-0.890.830.870.760.520.850.830.860.810.88-0.21-0.250.53
0.04-0.110.25-0.010.62-0.13-0.120.450.10.030.170.10.37-0.080.070.230.66-0.06-0.130.08-0.150.04-0.210.990.41
-0.01-0.160.21-0.060.59-0.18-0.170.420.08-0.020.160.080.41-0.130.020.180.63-0.11-0.180.03-0.210.0-0.250.990.36
0.680.660.230.630.550.630.660.330.290.68-0.480.29-0.340.660.660.550.690.660.610.650.520.640.530.410.36
Click cells to compare fundamentals

Dollar General Account Relationship Matchups

Dollar General fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.8B25.9B26.3B29.1B33.7B35.4B
Short Long Term Debt Total11.7B13.6B14.2B17.7B18.1B19.0B
Other Current Liab717.5M1.0B1.1B(15.1M)971.9M1.0B
Total Current Liabilities4.5B5.7B6.0B5.9B6.7B7.1B
Total Stockholder Equity6.7B6.7B6.3B5.5B6.7B7.1B
Property Plant And Equipment Net12.1B13.4B14.4B15.9B17.2B18.0B
Net Debt11.5B12.2B13.9B17.3B17.6B18.4B
Retained Earnings3.2B3.0B2.5B1.7B2.8B2.9B
Cash240.3M1.4B344.8M381.6M537.3M564.1M
Non Current Assets Total17.6B18.9B20.0B21.5B25.7B27.0B
Non Currrent Assets Other34.1M36.6M46.1M(1.0B)(5.3M)(5.0M)
Cash And Short Term Investments240.3M1.4B344.8M381.6M537.3M564.1M
Common Stock Shares Outstanding258.1M250.1M235.8M226.3M219.9M240.6M
Liabilities And Stockholders Equity22.8B25.9B26.3B29.1B33.7B35.4B
Non Current Liabilities Total11.6B13.5B14.1B17.7B20.3B21.3B
Inventory4.7B5.2B5.6B6.8B7.0B7.3B
Other Current Assets184.2M199.4M247.3M302.9M366.9M385.3M
Other Stockholder Equity3.3B3.4B3.6B3.7B3.8B3.9B
Total Liab16.1B19.2B20.1B23.5B27.0B28.3B
Property Plant And Equipment Gross12.1B13.4B14.4B15.9B21.7B22.8B
Total Current Assets5.2B6.9B6.3B7.6B8.0B8.4B
Accumulated Other Comprehensive Income(3.1M)(2.2M)(1.2M)43K493K517.7K
Short Term Debt965.4M1.1B1.2B1.3B2.2B2.3B
Accounts Payable2.9B3.6B3.7B3.6B3.6B3.8B
Net Receivables76.5M90.8M97.4M135.8M112.3M117.9M
Common Stock Total Equity220.4M210.7M201.3M191.7M220.5M214.4M
Common Stock220.4M210.7M201.3M191.7M192.2M214.2M
Other Assets34.1M36.6M46.1M57.7M52.0M38.3M
Long Term Debt2.9B4.1B4.2B7.0B6.2B6.5B
Property Plant Equipment3.3B13.4B4.3B15.9B18.3B19.2B
Other Liab847.9M974.2M1.0B1.3B1.5B1.5B
Intangible Assets1.2B1.2B1.2B1.2B1.1B983.7M
Net Tangible Assets9.0B1.1B9.6B9.4B10.8B11.3B
Retained Earnings Total Equity3.2B3.0B2.5B1.7B1.9B2.2B
Long Term Debt Total2.9B4.1B4.2B7.0B8.1B8.5B
Capital Surpluse3.3B3.4B3.6B3.7B4.2B3.6B
Deferred Long Term Liab675.2M710.5M825.3M1.1B1.2B637.0M

Dollar General Investors Sentiment

The influence of Dollar General's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dollar. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Dollar General's public news can be used to forecast risks associated with an investment in Dollar. The trend in average sentiment can be used to explain how an investor holding Dollar can time the market purely based on public headlines and social activities around Dollar General. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dollar General's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dollar General's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dollar General's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dollar General.

Dollar General Implied Volatility

    
  121.15  
Dollar General's implied volatility exposes the market's sentiment of Dollar General stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dollar General's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Dollar General stock will not fluctuate a lot when Dollar General's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dollar General in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dollar General's short interest history, or implied volatility extrapolated from Dollar General options trading.

Pair Trading with Dollar General

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dollar General position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dollar General will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dollar Stock

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Moving against Dollar Stock

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The ability to find closely correlated positions to Dollar General could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dollar General when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dollar General - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dollar General to buy it.
The correlation of Dollar General is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dollar General moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dollar General moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dollar General can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Dollar General is a strong investment it is important to analyze Dollar General's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dollar General's future performance. For an informed investment choice regarding Dollar Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dollar General. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in Dollar Stock please use our How to Invest in Dollar General guide.
Note that the Dollar General information on this page should be used as a complementary analysis to other Dollar General's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Dollar General's price analysis, check to measure Dollar General'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 Dollar General is operating at the current time. Most of Dollar General's value examination focuses on studying past and present price action to predict the probability of Dollar General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dollar General's price. Additionally, you may evaluate how the addition of Dollar General to your portfolios can decrease your overall portfolio volatility.
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Is Dollar General'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 Dollar General. If investors know Dollar 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 Dollar General listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.39)
Dividend Share
2.36
Earnings Share
7.55
Revenue Per Share
176.34
Quarterly Revenue Growth
(0.03)
The market value of Dollar General is measured differently than its book value, which is the value of Dollar that is recorded on the company's balance sheet. Investors also form their own opinion of Dollar General's value that differs from its market value or its book value, called intrinsic value, which is Dollar General'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 Dollar General's market value can be influenced by many factors that don't directly affect Dollar General'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 Dollar General's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dollar General is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dollar General'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.