Dole Shareholders Equity vs Tax Liabilities Analysis
DOLE Stock | USD 11.81 0.15 1.25% |
Trend analysis of Dole PLC balance sheet accounts such as Other Liabilities of 221.4 M or Net Tangible Assets of 192.3 M provides information on Dole PLC's total assets, liabilities, and equity, which is the actual value of Dole PLC to its prevalent stockholders. By breaking down trends over time using Dole PLC balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Dole |
About Dole Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Dole PLC at a specified time, usually calculated after every quarter, six months, or one year. Dole PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dole PLC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Dole currently owns. An asset can also be divided into two categories, current and non-current.
Dole PLC Balance Sheet Chart
Dole PLC Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Dole PLC uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Dole PLC's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 520.2 M, whereas Other Liabilities is forecasted to decline to about 221.4 M. Add Fundamental
Total Current Liabilities
Total Current Liabilities is an item on Dole PLC balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Dole PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Dole PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dole PLC 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 Dole PLC. 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. For information on how to trade Dole Stock refer to our How to Trade Dole Stock guide.The current year's Tax Provision is expected to grow to about 29.4 M, whereas Selling General Administrative is forecasted to decline to about 392.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 73.0M | 137.5M | 104.2M | 79.1M | Interest Income | 3.9M | 6.6M | 9.5M | 5.5M |
Dole PLC fundamental ratios Correlations
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Dole PLC Account Relationship Matchups
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High Negative Relationship
Dole PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 9.2M | 6.1M | 538.1M | 538.0M | 724.8M | 761.1M | |
Total Current Liabilities | 666.2M | 689.9M | 1.4B | 1.5B | 1.7B | 1.1B | |
Other Liab | 85.0M | 83.1M | 447.9M | 364.8M | 419.5M | 221.4M | |
Net Tangible Assets | 182.6M | 213.4M | 200.9M | 306.4M | 352.4M | 192.3M | |
Retained Earnings | 418.9M | 460.7M | 413.3M | 469.2M | 562.6M | 442.4M | |
Accounts Payable | 416.5M | 474.4M | 696.8M | 729.6M | 670.9M | 585.9M | |
Other Assets | 38.5M | 1K | 52.7M | 195.7M | 225.0M | 236.2M | |
Net Receivables | 417.3M | 412.1M | 917.4M | 863.7M | 765.2M | 647.8M | |
Inventory | 114.7M | 141.2M | 410.7M | 436.9M | 378.6M | 261.2M | |
Other Current Assets | 2.8M | 16.6M | 56.4M | 70.1M | 495.4M | 520.2M | |
Other Stockholder Equity | 202.6M | 198.2M | 792.2M | 795.1M | 796.8M | 400.9M | |
Total Current Assets | 677.6M | 730.4M | 1.6B | 1.6B | 1.9B | 1.2B | |
Common Stock | 4.9M | 4.9M | 950K | 949K | 854.1K | 811.4K | |
Property Plant Equipment | 288.5M | 304.9M | 1.8B | 1.7B | 2.0B | 2.1B |
Pair Trading with Dole PLC
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 Dole PLC 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 Dole PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with Dole Stock
0.81 | BG | Bunge Limited Financial Report 1st of May 2024 | PairCorr |
Moving against Dole Stock
0.56 | FARM | Farmer Bros Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Dole PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dole PLC 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 Dole PLC - 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 Dole PLC to buy it.
The correlation of Dole PLC 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 Dole PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dole PLC 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 Dole PLC 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dole PLC. 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. For information on how to trade Dole Stock refer to our How to Trade Dole Stock guide.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 Dole Stock analysis
When running Dole PLC's price analysis, check to measure Dole PLC'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 Dole PLC is operating at the current time. Most of Dole PLC's value examination focuses on studying past and present price action to predict the probability of Dole PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dole PLC's price. Additionally, you may evaluate how the addition of Dole PLC to your portfolios can decrease your overall portfolio volatility.
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Is Dole PLC'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 Dole PLC. If investors know Dole 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 Dole PLC 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 2.303 | Dividend Share 0.32 | Earnings Share 1.53 | Revenue Per Share 86.868 | Quarterly Revenue Growth (0.12) |
The market value of Dole PLC is measured differently than its book value, which is the value of Dole that is recorded on the company's balance sheet. Investors also form their own opinion of Dole PLC's value that differs from its market value or its book value, called intrinsic value, which is Dole PLC'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 Dole PLC's market value can be influenced by many factors that don't directly affect Dole PLC'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 Dole PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dole PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dole PLC'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.