Dorchester Short Term Debt vs Property Plant And Equipment Gross Analysis

DMLP Stock

USD 32.17 0.25 0.77%

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 Short Term Debt and its Property Plant And Equipment Gross 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.

Short Term Debt vs Property Plant And Equipment Gross

Short Term Debt vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dorchester Minerals Short Term Debt account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have no relationship.

The correlation between Dorchester Minerals' Short Term Debt and Property Plant And Equipment Gross is 0.05. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant And Equipment Gross 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' Short Term Debt and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Dorchester Minerals LP are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Short Term Debt i.e., Dorchester Minerals' Short Term Debt and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.05

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Short Term Debt

Property Plant And Equipment Gross

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 05/13/2024, 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

Gross Profit Total Revenue

Dorchester Minerals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Property Plant Equipment	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Other Stockholder Equity	Total Current Assets	Property Plant And Equipment Gross	Common Stock	Other Liab	Non Current Liabilities Total	Non Currrent Assets Other	Current Deferred Revenue	Inventory	Short Term Debt	Net Tangible Assets
Total Assets		-0.47	0.12	0.34	0.5	0.69	0.81	0.42	0.23	0.15	0.96	-0.67	0.96	0.6	0.95	-0.27	0.73	0.46	0.5	0.29	0.31	-0.63	0.32	-0.59	0.57	0.64
Other Current Liab	-0.47		0.63	0.06	0.28	-0.04	-0.69	-0.17	0.58	-0.05	-0.47	0.01	-0.47	0.08	-0.38	-0.52	-0.05	-0.11	-0.03	0.11	0.26	-0.11	0.2	0.03	-0.84	0.21
Total Current Liabilities	0.12	0.63		0.42	0.89	0.7	-0.24	-0.17	0.95	-0.37	-0.01	-0.72	-0.01	0.78	0.17	-0.84	0.67	0.46	0.49	0.48	0.37	-0.63	0.57	-0.56	-0.66	0.66
Total Stockholder Equity	0.34	0.06	0.42		0.54	0.4	0.2	-0.05	0.43	-0.28	0.3	-0.37	0.3	0.39	0.27	-0.31	0.4	0.31	0.41	0.2	0.22	-0.65	0.13	-0.33	0.0	0.34
Accounts Payable	0.5	0.28	0.89	0.54		0.91	0.2	-0.06	0.91	-0.36	0.33	-0.89	0.33	0.93	0.49	-0.83	0.89	0.67	0.7	0.62	0.47	-0.83	0.51	-0.73	-0.26	0.69
Cash	0.69	-0.04	0.7	0.4	0.91		0.38	0.09	0.71	-0.32	0.5	-0.99	0.5	0.99	0.69	-0.61	1.0	0.71	0.69	0.58	0.3	-0.71	0.46	-0.69	-0.03	0.72
Common Stock Shares Outstanding	0.81	-0.69	-0.24	0.2	0.2	0.38		0.33	-0.03	0.03	0.76	-0.32	0.76	0.25	0.74	-0.07	0.4	0.28	0.54	0.39	0.42	-0.49	-0.1	-0.45	0.88	0.13
Other Current Assets	0.42	-0.17	-0.17	-0.05	-0.06	0.09	0.33		-0.08	0.45	0.45	-0.09	0.45	0.05	0.52	-0.04	0.14	-0.48	0.14	-0.03	0.2	-0.19	0.02	-0.28	0.32	0.25
Total Liab	0.23	0.58	0.95	0.43	0.91	0.71	-0.03	-0.08		-0.33	0.1	-0.7	0.1	0.76	0.27	-0.95	0.68	0.42	0.62	0.66	0.64	-0.77	0.53	-0.69	-0.48	0.61
Property Plant Equipment	0.15	-0.05	-0.37	-0.28	-0.36	-0.32	0.03	0.45	-0.33		0.32	0.32	0.32	-0.34	0.13	0.21	-0.24	-0.28	-0.48	-0.42	-0.05	0.2	0.04	0.11	0.23	0.04
Property Plant And Equipment Net	0.96	-0.47	-0.01	0.3	0.33	0.5	0.76	0.45	0.1	0.32		-0.48	1.0	0.42	0.89	-0.17	0.56	0.33	0.32	0.12	0.26	-0.55	0.34	-0.5	0.6	0.61
Net Debt	-0.67	0.01	-0.72	-0.37	-0.89	-0.99	-0.32	-0.09	-0.7	0.32	-0.48		-0.48	-0.99	-0.69	0.59	-0.99	-0.68	-0.68	-0.54	-0.25	0.66	-0.48	0.66	0.09	-0.76
Non Current Assets Total	0.96	-0.47	-0.01	0.3	0.33	0.5	0.76	0.45	0.1	0.32	1.0	-0.48		0.42	0.89	-0.17	0.56	0.33	0.32	0.12	0.26	-0.55	0.34	-0.5	0.6	0.61
Cash And Short Term Investments	0.6	0.08	0.78	0.39	0.93	0.99	0.25	0.05	0.76	-0.34	0.42	-0.99	0.42		0.62	-0.65	0.98	0.69	0.66	0.57	0.28	-0.68	0.51	-0.67	-0.17	0.75
Net Receivables	0.95	-0.38	0.17	0.27	0.49	0.69	0.74	0.52	0.27	0.13	0.89	-0.69	0.89	0.62		-0.27	0.73	0.33	0.57	0.35	0.35	-0.58	0.25	-0.55	0.47	0.71
Other Stockholder Equity	-0.27	-0.52	-0.84	-0.31	-0.83	-0.61	-0.07	-0.04	-0.95	0.21	-0.17	0.59	-0.17	-0.65	-0.27		-0.59	-0.3	-0.59	-0.65	-0.74	0.81	-0.6	0.78	0.36	-0.56
Total Current Assets	0.73	-0.05	0.67	0.4	0.89	1.0	0.4	0.14	0.68	-0.24	0.56	-0.99	0.56	0.98	0.73	-0.59		0.69	0.66	0.56	0.3	-0.71	0.47	-0.68	0.0	0.74
Property Plant And Equipment Gross	0.46	-0.11	0.46	0.31	0.67	0.71	0.28	-0.48	0.42	-0.28	0.33	-0.68	0.33	0.69	0.33	-0.3	0.69		0.33	0.36	0.01	-0.41	0.27	-0.33	0.05	0.37
Common Stock	0.5	-0.03	0.49	0.41	0.7	0.69	0.54	0.14	0.62	-0.48	0.32	-0.68	0.32	0.66	0.57	-0.59	0.66	0.33		0.74	0.62	-0.72	0.07	-0.57	0.15	0.41
Other Liab	0.29	0.11	0.48	0.2	0.62	0.58	0.39	-0.03	0.66	-0.42	0.12	-0.54	0.12	0.57	0.35	-0.65	0.56	0.36	0.74		0.73	-0.6	0.15	-0.57	0.03	0.22
Non Current Liabilities Total	0.31	0.26	0.37	0.22	0.47	0.3	0.42	0.2	0.64	-0.05	0.26	-0.25	0.26	0.28	0.35	-0.74	0.3	0.01	0.62	0.73		-0.7	0.17	-0.63	0.11	0.24
Non Currrent Assets Other	-0.63	-0.11	-0.63	-0.65	-0.83	-0.71	-0.49	-0.19	-0.77	0.2	-0.55	0.66	-0.55	-0.68	-0.58	0.81	-0.71	-0.41	-0.72	-0.6	-0.7		-0.45	0.79	-0.08	-0.57
Current Deferred Revenue	0.32	0.2	0.57	0.13	0.51	0.46	-0.1	0.02	0.53	0.04	0.34	-0.48	0.34	0.51	0.25	-0.6	0.47	0.27	0.07	0.15	0.17	-0.45		-0.62	-0.37	0.68
Inventory	-0.59	0.03	-0.56	-0.33	-0.73	-0.69	-0.45	-0.28	-0.69	0.11	-0.5	0.66	-0.5	-0.67	-0.55	0.78	-0.68	-0.33	-0.57	-0.57	-0.63	0.79	-0.62		-0.06	-0.57
Short Term Debt	0.57	-0.84	-0.66	0.0	-0.26	-0.03	0.88	0.32	-0.48	0.23	0.6	0.09	0.6	-0.17	0.47	0.36	0.0	0.05	0.15	0.03	0.11	-0.08	-0.37	-0.06		-0.23
Net Tangible Assets	0.64	0.21	0.66	0.34	0.69	0.72	0.13	0.25	0.61	0.04	0.61	-0.76	0.61	0.75	0.71	-0.56	0.74	0.37	0.41	0.22	0.24	-0.57	0.68	-0.57	-0.23

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Dorchester Minerals Account Relationship Matchups

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.

Pair Trading with Dorchester Minerals

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 Dorchester Minerals 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 Dorchester Minerals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dorchester Stock

0.68	AR	Antero Resources Corp	Pair Corr
0.9	PR	Permian Resources	Pair Corr
0.94	SD	SandRidge Energy	Pair Corr
0.89	SM	SM Energy	Pair Corr

Moving against Dorchester Stock

0.45

Empire Petroleum Corp

Pair Corr

The ability to find closely correlated positions to Dorchester Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dorchester Minerals 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 Dorchester Minerals - 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 Dorchester Minerals LP to buy it.

The correlation of Dorchester Minerals 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 Dorchester Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dorchester Minerals 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 Dorchester Minerals 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 Correlation Correlation Matching

When determining whether Dorchester Minerals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Dorchester Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Dorchester Minerals Lp Stock. Highlighted below are key reports to facilitate an investment decision about Dorchester Minerals Lp Stock:

How To Invest In Dorchester

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Is Dorchester Stock a good investment?

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What is Dorchester Minerals' Net Worth?

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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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Dorchester Stock analysis

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.

	Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios
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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

(0.38)

Dividend Share

3.519

Earnings Share

2.58

Revenue Per Share

3.807

Quarterly Revenue Growth

(0.23)

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.

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Dorchester Short Term Debt vs Property Plant And Equipment Gross Analysis

Short Term Debt vs Property Plant And Equipment Gross

Short Term Debt vs Property Plant And Equipment Gross Correlation Analysis

Correlation Coefficient

Short Term Debt

Property Plant And Equipment Gross

Dorchester Minerals fundamental ratios Correlations

Dorchester Minerals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dorchester Minerals fundamental ratios Accounts

Pair Trading with Dorchester Minerals

Moving together with Dorchester Stock

Moving against Dorchester Stock

Complementary Tools for Dorchester Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.99	Cash
Total Current Assets	+ 0.98	Cash And Short Term Investments
Property Plant And Equipment Net	+ 0.96	Total Assets
Non Current Assets Total	+ 0.96	Total Assets

Total Current Assets	- 0.99	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Net Debt	- 0.99	Cash
Other Stockholder Equity	- 0.95	Total Liab
Net Debt	- 0.89	Accounts Payable
Other Stockholder Equity	- 0.84	Total Current Liabilities