Dogness Common Stock vs Cash And Short Term Investments Analysis
DOGZ Stock | USD 11.05 0.36 3.37% |
Dogness International financial indicator trend analysis is much more than just examining Dogness International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dogness International is a good investment. Please check the relationship between Dogness International Common Stock and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dogness International Corp. 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.
Common Stock vs Cash And Short Term Investments
Common Stock vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dogness International Common Stock account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Dogness International's Common Stock and Cash And Short Term Investments is 0.38. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Dogness International Corp, assuming nothing else is changed. The correlation between historical values of Dogness International's Common Stock and Cash And Short Term Investments 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 Dogness International Corp are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock i.e., Dogness International's Common Stock and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Dogness International balance sheet. This account contains Dogness International investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Dogness International Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Dogness International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dogness International 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 Dogness International Corp. 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. Sales General And Administrative To Revenue is likely to rise to 0.44 in 2024, despite the fact that Tax Provision is likely to grow to (1 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.1M | 3.7M | 3.3M | 5.9M | Total Revenue | 27.1M | 17.6M | 20.2M | 24.1M |
Dogness International fundamental ratios Correlations
Click cells to compare fundamentals
Dogness International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dogness International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 63.6M | 93.8M | 100.8M | 97.9M | 112.6M | 66.0M | |
Other Current Liab | 4.3M | 16.2M | 2.6M | 2.0M | 2.3M | 4.7M | |
Total Current Liabilities | 10.8M | 21.3M | 6.5M | 9.3M | 10.7M | 11.7M | |
Total Stockholder Equity | 50.9M | 64.4M | 88.2M | 76.3M | 87.8M | 50.8M | |
Net Tangible Assets | 48.8M | 62.2M | 86.1M | 74.5M | 85.7M | 49.2M | |
Retained Earnings | 3.2M | 4.6M | 7.9M | 664.0K | 763.6K | 725.4K | |
Accounts Payable | 1.0M | 1.2M | 1.4M | 895.7K | 806.1K | 895.9K | |
Cash | 1.2M | 4.9M | 16.6M | 4.5M | 5.2M | 4.9M | |
Cash And Short Term Investments | 4.8M | 5.5M | 16.7M | 4.5M | 5.2M | 10.2M | |
Net Receivables | 2.5M | 2.9M | 2.8M | 2.9M | 2.6M | 2.9M | |
Inventory | 2.9M | 4.2M | 3.4M | 2.7M | 3.1M | 3.7M | |
Other Current Assets | 40K | 1.7M | 477.2K | 3.7M | 4.3M | 4.5M | |
Other Stockholder Equity | 53.2M | 60.4M | 84.1M | 85.7M | 98.5M | 103.4M | |
Total Liab | 12.0M | 28.9M | 12.3M | 21.5M | 24.8M | 15.0M | |
Short Long Term Debt | 5.1M | 1.5M | 2.1M | 3.9M | 3.5M | 3.6M | |
Total Current Assets | 11.6M | 14.3M | 23.4M | 14.0M | 16.1M | 19.5M | |
Short Term Debt | 5.3M | 3.7M | 2.3M | 6.3M | 5.6M | 4.1M | |
Intangible Assets | 2.1M | 2.2M | 2.1M | 1.8M | 2.1M | 2.1M | |
Property Plant Equipment | 48.7M | 75.0M | 73.0M | 79.2M | 91.1M | 95.7M | |
Short Long Term Debt Total | 6.6M | 11.4M | 8.1M | 18.5M | 21.2M | 22.3M | |
Property Plant And Equipment Net | 48.7M | 75.0M | 73.0M | 79.2M | 91.1M | 47.8M | |
Current Deferred Revenue | 152.3K | 209.5K | 151.5K | 121.7K | 109.5K | 155.2K | |
Net Debt | 5.4M | 6.4M | (8.5M) | 14.0M | 16.1M | 16.9M | |
Non Current Assets Total | 51.9M | 79.6M | 77.4M | 83.9M | 96.4M | 51.5M | |
Other Assets | 115.2K | 605.7K | 699.0K | 1.3M | 1.5M | 984.6K | |
Liabilities And Stockholders Equity | 63.6M | 93.8M | 100.8M | 97.9M | 112.6M | 72.2M | |
Non Current Liabilities Total | 1.3M | 7.7M | 5.8M | 12.2M | 14.0M | 14.7M | |
Property Plant And Equipment Gross | 48.7M | 84.6M | 83.9M | 92.0M | 105.8M | 111.1M | |
Accumulated Other Comprehensive Income | (5.6M) | (668.8K) | (3.9M) | (10.1M) | (9.0M) | (8.6M) | |
Net Invested Capital | 56.1M | 72.4M | 95.2M | 81.9M | 94.2M | 70.4M | |
Net Working Capital | 857.7K | (7.0M) | 16.9M | 4.7M | 4.2M | 7.9M | |
Long Term Investments | 1.0M | 1.7M | 1.6M | 1.5M | 1.7M | 1.5M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Dogness International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dogness International'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 Dogness International Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dogness International Corp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dogness International Corp. 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. Note that the Dogness International information on this page should be used as a complementary analysis to other Dogness International'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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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When running Dogness International's price analysis, check to measure Dogness International'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 Dogness International is operating at the current time. Most of Dogness International's value examination focuses on studying past and present price action to predict the probability of Dogness International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dogness International's price. Additionally, you may evaluate how the addition of Dogness International to your portfolios can decrease your overall portfolio volatility.
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Is Dogness International'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 Dogness International. If investors know Dogness 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 Dogness International 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 1.786 | Earnings Share (3.87) | Revenue Per Share 1.304 | Quarterly Revenue Growth (0.36) | Return On Assets (0.06) |
The market value of Dogness International is measured differently than its book value, which is the value of Dogness that is recorded on the company's balance sheet. Investors also form their own opinion of Dogness International's value that differs from its market value or its book value, called intrinsic value, which is Dogness International'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 Dogness International's market value can be influenced by many factors that don't directly affect Dogness International'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 Dogness International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dogness International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dogness International'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.