Dogness Total Liab vs Long Term Debt Analysis

DOGZ Stock  USD 7.66  0.24  3.04%   
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 Total Liab and its Long Term Debt 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.

Total Liab vs Long Term Debt

Total Liab vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dogness International Total Liab account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dogness International's Total Liab and Long Term Debt is 0.66. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Long Term Debt 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 Total Liab and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Dogness International Corp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Liab i.e., Dogness International's Total Liab and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Long Term Debt

Long-term debt is a debt that Dogness International has held for over one year. Long-term debt appears on Dogness International Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Dogness International Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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 Profit10.1M3.7M3.3M5.9M
Total Revenue27.1M17.6M20.2M24.1M

Dogness International fundamental ratios Correlations

0.38-0.090.990.990.34-0.60.710.490.10.930.350.330.930.59-0.890.52-0.740.650.970.90.60.960.180.160.97
0.380.760.310.30.17-0.140.130.090.00.390.490.010.270.61-0.510.11-0.410.310.190.380.120.40.220.050.4
-0.090.76-0.21-0.22-0.40.25-0.35-0.38-0.38-0.130.120.18-0.170.620.09-0.350.25-0.24-0.20.020.090.01-0.070.290.0
0.990.31-0.211.00.43-0.640.750.570.190.940.380.260.930.47-0.890.6-0.790.70.950.870.530.920.210.080.93
0.990.3-0.221.00.43-0.640.750.560.190.940.380.270.930.47-0.890.59-0.780.690.960.870.540.920.20.080.93
0.340.17-0.40.430.43-0.430.480.740.860.40.63-0.510.22-0.35-0.560.73-0.740.690.190.04-0.390.120.57-0.630.15
-0.6-0.140.25-0.64-0.64-0.43-0.25-0.69-0.52-0.74-0.52-0.29-0.63-0.080.52-0.750.49-0.74-0.53-0.45-0.28-0.430.05-0.14-0.45
0.710.13-0.350.750.750.48-0.250.620.140.620.22-0.030.670.15-0.70.58-0.730.350.70.590.260.620.21-0.370.62
0.490.09-0.380.570.560.74-0.690.620.720.590.55-0.110.47-0.2-0.490.99-0.610.550.380.24-0.040.230.35-0.410.25
0.10.0-0.380.190.190.86-0.520.140.720.220.62-0.280.05-0.44-0.280.75-0.440.58-0.02-0.17-0.37-0.150.54-0.4-0.12
0.930.39-0.130.940.940.4-0.740.620.590.220.480.320.960.41-0.870.63-0.790.760.860.880.570.850.210.190.87
0.350.490.120.380.380.63-0.520.220.550.620.480.080.310.01-0.450.63-0.540.80.180.21-0.120.180.26-0.240.21
0.330.010.180.260.27-0.51-0.29-0.03-0.11-0.280.320.080.480.56-0.09-0.010.120.090.430.530.820.39-0.310.790.39
0.930.27-0.170.930.930.22-0.630.670.470.050.960.310.480.49-0.840.5-0.730.620.920.960.750.90.140.320.91
0.590.610.620.470.47-0.35-0.080.15-0.2-0.440.410.010.560.49-0.42-0.14-0.110.050.580.660.680.72-0.070.560.7
-0.89-0.510.09-0.89-0.89-0.560.52-0.7-0.49-0.28-0.87-0.45-0.09-0.84-0.42-0.510.94-0.72-0.79-0.82-0.44-0.83-0.4-0.03-0.85
0.520.11-0.350.60.590.73-0.750.580.990.750.630.63-0.010.5-0.14-0.51-0.590.620.410.280.010.260.33-0.330.28
-0.74-0.410.25-0.79-0.78-0.740.49-0.73-0.61-0.44-0.79-0.540.12-0.73-0.110.94-0.59-0.75-0.62-0.66-0.22-0.64-0.470.21-0.66
0.650.31-0.240.70.690.69-0.740.350.550.580.760.80.090.620.05-0.720.62-0.750.530.490.10.510.22-0.090.54
0.970.19-0.20.950.960.19-0.530.70.38-0.020.860.180.430.920.58-0.790.41-0.620.530.90.690.960.070.250.96
0.90.380.020.870.870.04-0.450.590.24-0.170.880.210.530.960.66-0.820.28-0.660.490.90.830.940.10.440.94
0.60.120.090.530.54-0.39-0.280.26-0.04-0.370.57-0.120.820.750.68-0.440.01-0.220.10.690.830.7-0.070.80.69
0.960.40.010.920.920.12-0.430.620.23-0.150.850.180.390.90.72-0.830.26-0.640.510.960.940.70.090.311.0
0.180.22-0.070.210.20.570.050.210.350.540.210.26-0.310.14-0.07-0.40.33-0.470.220.070.1-0.070.09-0.150.1
0.160.050.290.080.08-0.63-0.14-0.37-0.41-0.40.19-0.240.790.320.56-0.03-0.330.21-0.090.250.440.80.31-0.150.3
0.970.40.00.930.930.15-0.450.620.25-0.120.870.210.390.910.7-0.850.28-0.660.540.960.940.691.00.10.3
Click cells to compare fundamentals

Dogness International Account Relationship Matchups

Dogness International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets63.6M93.8M100.8M97.9M112.6M66.0M
Other Current Liab4.3M16.2M2.6M2.0M2.3M4.7M
Total Current Liabilities10.8M21.3M6.5M9.3M10.7M11.7M
Total Stockholder Equity50.9M64.4M88.2M76.3M87.8M50.8M
Net Tangible Assets48.8M62.2M86.1M74.5M85.7M49.2M
Retained Earnings3.2M4.6M7.9M664.0K763.6K725.4K
Accounts Payable1.0M1.2M1.4M895.7K806.1K895.9K
Cash1.2M4.9M16.6M4.5M5.2M4.9M
Cash And Short Term Investments4.8M5.5M16.7M4.5M5.2M10.2M
Net Receivables2.5M2.9M2.8M2.9M2.6M2.9M
Inventory2.9M4.2M3.4M2.7M3.1M3.7M
Other Current Assets40K1.7M477.2K3.7M4.3M4.5M
Other Stockholder Equity53.2M60.4M84.1M85.7M98.5M103.4M
Total Liab12.0M28.9M12.3M21.5M24.8M15.0M
Short Long Term Debt5.1M1.5M2.1M3.9M3.5M3.6M
Total Current Assets11.6M14.3M23.4M14.0M16.1M19.5M
Short Term Debt5.3M3.7M2.3M6.3M5.6M4.1M
Intangible Assets2.1M2.2M2.1M1.8M2.1M2.1M
Property Plant Equipment48.7M75.0M73.0M79.2M91.1M95.7M
Short Long Term Debt Total6.6M11.4M8.1M18.5M21.2M22.3M
Property Plant And Equipment Net48.7M75.0M73.0M79.2M91.1M47.8M
Current Deferred Revenue152.3K209.5K151.5K121.7K109.5K155.2K
Net Debt5.4M6.4M(8.5M)14.0M16.1M16.9M
Non Current Assets Total51.9M79.6M77.4M83.9M96.4M51.5M
Other Assets115.2K605.7K699.0K1.3M1.5M984.6K
Liabilities And Stockholders Equity63.6M93.8M100.8M97.9M112.6M72.2M
Non Current Liabilities Total1.3M7.7M5.8M12.2M14.0M14.7M
Property Plant And Equipment Gross48.7M84.6M83.9M92.0M105.8M111.1M
Accumulated Other Comprehensive Income(5.6M)(668.8K)(3.9M)(10.1M)(9.0M)(8.6M)
Net Invested Capital56.1M72.4M95.2M81.9M94.2M70.4M
Net Working Capital857.7K(7.0M)16.9M4.7M4.2M7.9M
Long Term Investments1.0M1.7M1.6M1.5M1.7M1.5M

Pair Trading with Dogness International

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 Dogness International 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 Dogness International will appreciate offsetting losses from the drop in the long position's value.

Moving against Dogness Stock

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The ability to find closely correlated positions to Dogness International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dogness International 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 Dogness International - 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 Dogness International Corp to buy it.
The correlation of Dogness International 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 Dogness International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dogness International 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 Dogness International 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 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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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
(3.62)
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.