Dorchester Common Stock vs Property Plant And Equipment Net Analysis

DMLP Stock  USD 32.62  0.08  0.25%   
Dorchester Minerals financial indicator trend analysis is much more than just examining Dorchester Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dorchester Minerals is a good investment. Please check the relationship between Dorchester Minerals Common Stock and its Property Plant And Equipment Net accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorchester Minerals LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Common Stock vs Property Plant And Equipment Net

Common Stock vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dorchester Minerals Common Stock account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak relationship.
The correlation between Dorchester Minerals' Common Stock and Property Plant And Equipment Net is 0.32. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Dorchester Minerals LP, assuming nothing else is changed. The correlation between historical values of Dorchester Minerals' Common Stock and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Dorchester Minerals LP are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock i.e., Dorchester Minerals' Common Stock and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Dorchester Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dorchester Minerals 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 Dorchester Minerals LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Dorchester Minerals' Selling General Administrative is relatively stable compared to the past year. As of 06/07/2024, Enterprise Value Over EBITDA is likely to grow to 12.82, while Sales General And Administrative To Revenue is likely to drop 0.07.
 2021 2022 2023 2024 (projected)
Gross Profit75.4M138.8M125.3M131.5M
Total Revenue93.4M170.8M163.8M172.0M

Dorchester Minerals fundamental ratios Correlations

-0.470.120.340.50.690.810.420.230.150.96-0.670.960.60.95-0.270.730.460.50.290.31-0.630.32-0.59-0.730.64
-0.470.630.060.28-0.04-0.69-0.170.58-0.05-0.470.01-0.470.08-0.38-0.52-0.05-0.11-0.030.110.26-0.110.20.030.820.21
0.120.630.420.890.7-0.24-0.170.95-0.37-0.01-0.72-0.010.780.17-0.840.670.460.490.480.37-0.630.57-0.560.40.66
0.340.060.420.540.40.2-0.050.43-0.280.3-0.370.30.390.27-0.310.40.310.410.20.22-0.650.13-0.33-0.150.34
0.50.280.890.540.910.2-0.060.91-0.360.33-0.890.330.930.49-0.830.890.670.70.620.47-0.830.51-0.73-0.060.69
0.69-0.040.70.40.910.380.090.71-0.320.5-0.990.50.990.69-0.611.00.710.690.580.3-0.710.46-0.69-0.290.72
0.81-0.69-0.240.20.20.380.33-0.030.030.76-0.320.760.250.74-0.070.40.280.540.390.42-0.49-0.1-0.45-0.950.13
0.42-0.17-0.17-0.05-0.060.090.33-0.080.450.45-0.090.450.050.52-0.040.14-0.480.14-0.030.2-0.190.02-0.28-0.260.25
0.230.580.950.430.910.71-0.03-0.08-0.330.1-0.70.10.760.27-0.950.680.420.620.660.64-0.770.53-0.690.220.61
0.15-0.05-0.37-0.28-0.36-0.320.030.45-0.330.320.320.32-0.340.130.21-0.24-0.28-0.48-0.42-0.050.20.040.11-0.090.04
0.96-0.47-0.010.30.330.50.760.450.10.32-0.481.00.420.89-0.170.560.330.320.120.26-0.550.34-0.5-0.70.61
-0.670.01-0.72-0.37-0.89-0.99-0.32-0.09-0.70.32-0.48-0.48-0.99-0.690.59-0.99-0.68-0.68-0.54-0.250.66-0.480.660.22-0.76
0.96-0.47-0.010.30.330.50.760.450.10.321.0-0.480.420.89-0.170.560.330.320.120.26-0.550.34-0.5-0.70.61
0.60.080.780.390.930.990.250.050.76-0.340.42-0.990.420.62-0.650.980.690.660.570.28-0.680.51-0.67-0.150.75
0.95-0.380.170.270.490.690.740.520.270.130.89-0.690.890.62-0.270.730.330.570.350.35-0.580.25-0.55-0.610.71
-0.27-0.52-0.84-0.31-0.83-0.61-0.07-0.04-0.950.21-0.170.59-0.17-0.65-0.27-0.59-0.3-0.59-0.65-0.740.81-0.60.78-0.14-0.56
0.73-0.050.670.40.891.00.40.140.68-0.240.56-0.990.560.980.73-0.590.690.660.560.3-0.710.47-0.68-0.310.74
0.46-0.110.460.310.670.710.28-0.480.42-0.280.33-0.680.330.690.33-0.30.690.330.360.01-0.410.27-0.33-0.310.37
0.5-0.030.490.410.70.690.540.140.62-0.480.32-0.680.320.660.57-0.590.660.330.740.62-0.720.07-0.57-0.350.41
0.290.110.480.20.620.580.39-0.030.66-0.420.12-0.540.120.570.35-0.650.560.360.740.73-0.60.15-0.57-0.230.22
0.310.260.370.220.470.30.420.20.64-0.050.26-0.250.260.280.35-0.740.30.010.620.73-0.70.17-0.63-0.20.24
-0.63-0.11-0.63-0.65-0.83-0.71-0.49-0.19-0.770.2-0.550.66-0.55-0.68-0.580.81-0.71-0.41-0.72-0.6-0.7-0.450.790.32-0.57
0.320.20.570.130.510.46-0.10.020.530.040.34-0.480.340.510.25-0.60.470.270.070.150.17-0.45-0.620.190.68
-0.590.03-0.56-0.33-0.73-0.69-0.45-0.28-0.690.11-0.50.66-0.5-0.67-0.550.78-0.68-0.33-0.57-0.57-0.630.79-0.620.29-0.57
-0.730.820.4-0.15-0.06-0.29-0.95-0.260.22-0.09-0.70.22-0.7-0.15-0.61-0.14-0.31-0.31-0.35-0.23-0.20.320.190.290.05
0.640.210.660.340.690.720.130.250.610.040.61-0.760.610.750.71-0.560.740.370.410.220.24-0.570.68-0.570.05
Click cells to compare fundamentals

Dorchester Minerals Account Relationship Matchups

Dorchester Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets116.9M88.3M146.8M176.2M191.1M136.5M
Other Current Liab2.1M300K291K281K272K433.3K
Total Current Liabilities2.4M1.9M2.8M3.4M4.5M4.7M
Total Stockholder Equity112.3M84.6M142.4M171.5M185.4M194.7M
Accounts Payable2.1M1.6M2.5M3.1M4.2M4.4M
Cash15.3M11.2M28.3M40.8M47.0M49.4M
Common Stock Shares Outstanding34.1M34.7M35.1M37.6M38.8M32.3M
Liabilities And Stockholders Equity116.9M88.3M146.8M176.2M5.5M5.2M
Total Liab4.5M3.8M4.4M4.7M5.5M5.8M
Property Plant Equipment87.0M751K98.3M567K510.3K484.8K
Property Plant And Equipment Net88.6M70.1M100.1M113.8M121.4M80.3M
Net Debt(12.8M)(9.0M)(26.4M)(39.2M)(45.7M)(43.4M)
Non Current Assets Total88.6M70.1M100.1M113.8M121.4M80.3M
Cash And Short Term Investments15.3M11.2M28.3M40.8M47.0M49.4M
Net Receivables12.9M7.0M18.4M21.7M22.7M12.1M
Other Stockholder Equity1.2M536K982K676K777.4K738.5K
Total Current Assets28.3M18.2M46.7M62.5M69.7M73.2M
Property Plant And Equipment Gross88.6M70.1M659K989K508.8M534.3M
Common Stock111.1M84.0M141.4M170.8M185.4M112.5M
Non Current Liabilities Total2.2M1.9M1.6M1.3M1.0M658.8K
Non Currrent Assets Other(88.6M)(70.1M)(100.1M)(113.8M)(102.4M)(97.3M)
Inventory0.0(6.6M)(7.1M)(14.5M)(13.1M)(12.4M)
Net Tangible Assets112.3M84.6M142.4M171.5M197.2M119.4M
Accumulated Depreciation(625K)(679K)(146K)(422K)(485.3K)(509.6K)
Net Invested Capital112.3M84.6M142.4M171.5M185.6M137.3M
Net Working Capital25.9M16.3M43.9M59.1M65.2M41.6M

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