Dorchester Net Working Capital vs Net Tangible Assets Analysis
DMLP Stock | USD 33.05 0.79 2.33% |
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 Net Working Capital and its Net Tangible Assets 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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Net Working Capital vs Net Tangible Assets
Net Working Capital vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dorchester Minerals Net Working Capital account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dorchester Minerals' Net Working Capital and Net Tangible Assets is 0.79. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Net Tangible Assets 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' Net Working Capital and Net Tangible Assets 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 Working Capital of Dorchester Minerals LP are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Working Capital i.e., Dorchester Minerals' Net Working Capital and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Working Capital
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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 tightly coupled 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 04/28/2024, 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 Profit | 75.4M | 138.8M | 125.3M | 131.5M | Total Revenue | 93.4M | 170.8M | 163.8M | 172.0M |
Dorchester Minerals fundamental ratios Correlations
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Dorchester Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dorchester Minerals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 116.9M | 88.3M | 146.8M | 176.2M | 191.1M | 136.5M | |
Other Current Liab | 2.1M | 300K | 291K | 281K | 272K | 433.3K | |
Total Current Liabilities | 2.4M | 1.9M | 2.8M | 3.4M | 4.5M | 4.7M | |
Total Stockholder Equity | 112.3M | 84.6M | 142.4M | 171.5M | 185.4M | 194.7M | |
Accounts Payable | 2.1M | 1.6M | 2.5M | 3.1M | 4.2M | 4.4M | |
Cash | 15.3M | 11.2M | 28.3M | 40.8M | 47.0M | 49.4M | |
Common Stock Shares Outstanding | 34.1M | 34.7M | 35.1M | 37.6M | 38.8M | 32.3M | |
Liabilities And Stockholders Equity | 116.9M | 88.3M | 146.8M | 176.2M | 5.5M | 5.2M | |
Total Liab | 4.5M | 3.8M | 4.4M | 4.7M | 5.5M | 5.8M | |
Property Plant Equipment | 87.0M | 751K | 98.3M | 567K | 510.3K | 484.8K | |
Property Plant And Equipment Net | 88.6M | 70.1M | 100.1M | 113.8M | 121.4M | 80.3M | |
Net Debt | (12.8M) | (9.0M) | (26.4M) | (39.2M) | (45.7M) | (43.4M) | |
Non Current Assets Total | 88.6M | 70.1M | 100.1M | 113.8M | 121.4M | 80.3M | |
Cash And Short Term Investments | 15.3M | 11.2M | 28.3M | 40.8M | 47.0M | 49.4M | |
Net Receivables | 12.9M | 7.0M | 18.4M | 21.7M | 22.7M | 12.1M | |
Other Stockholder Equity | 1.2M | 536K | 982K | 676K | 777.4K | 738.5K | |
Total Current Assets | 28.3M | 18.2M | 46.7M | 62.5M | 69.7M | 73.2M | |
Property Plant And Equipment Gross | 88.6M | 70.1M | 659K | 989K | 508.8M | 534.3M | |
Common Stock | 111.1M | 84.0M | 141.4M | 170.8M | 185.4M | 112.5M | |
Non Current Liabilities Total | 2.2M | 1.9M | 1.6M | 1.3M | 1.0M | 658.8K | |
Non Currrent Assets Other | (88.6M) | (70.1M) | (100.1M) | (113.8M) | (102.4M) | (97.3M) | |
Inventory | 0.0 | (6.6M) | (7.1M) | (14.5M) | (13.1M) | (12.4M) | |
Net Tangible Assets | 112.3M | 84.6M | 142.4M | 171.5M | 197.2M | 119.4M | |
Accumulated Depreciation | (625K) | (679K) | (146K) | (422K) | (485.3K) | (509.6K) | |
Net Invested Capital | 112.3M | 84.6M | 142.4M | 171.5M | 185.6M | 137.3M | |
Net Working Capital | 25.9M | 16.3M | 43.9M | 59.1M | 65.2M | 41.6M |
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 Dorchester Minerals 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, Dorchester Minerals' short interest history, or implied volatility extrapolated from Dorchester Minerals options trading.
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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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When running Dorchester Minerals' price analysis, check to measure Dorchester Minerals' 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 Dorchester Minerals is operating at the current time. Most of Dorchester Minerals' value examination focuses on studying past and present price action to predict the probability of Dorchester Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorchester Minerals' price. Additionally, you may evaluate how the addition of Dorchester Minerals to your portfolios can decrease your overall portfolio volatility.
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Is Dorchester Minerals' 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 Dorchester Minerals. If investors know Dorchester 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 Dorchester Minerals 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 0.247 | Dividend Share 3.519 | Earnings Share 2.85 | Revenue Per Share 4.075 | Quarterly Revenue Growth 0.382 |
The market value of Dorchester Minerals is measured differently than its book value, which is the value of Dorchester that is recorded on the company's balance sheet. Investors also form their own opinion of Dorchester Minerals' value that differs from its market value or its book value, called intrinsic value, which is Dorchester Minerals' 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 Dorchester Minerals' market value can be influenced by many factors that don't directly affect Dorchester Minerals' 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 Dorchester Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dorchester Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dorchester Minerals' 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.