Dominos Inventory vs Total Current Liabilities Analysis

DPZ Stock

USD 499.07 4.30 0.87%

Dominos Pizza financial indicator trend analysis is much more than just examining Dominos Pizza latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dominos Pizza is a good investment. Please check the relationship between Dominos Pizza Inventory and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dominos Pizza. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

For more information on how to buy Dominos Stock please use our How to Invest in Dominos Pizza guide.

Inventory vs Total Current Liabilities

Inventory vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dominos Pizza Inventory account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Dominos Pizza's Inventory and Total Current Liabilities is 0.91. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Dominos Pizza, assuming nothing else is changed. The correlation between historical values of Dominos Pizza's Inventory and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Dominos Pizza are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Inventory i.e., Dominos Pizza's Inventory and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Inventory

Total Current Liabilities

Total Current Liabilities is an item on Dominos Pizza balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Dominos Pizza 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.

Most indicators from Dominos Pizza's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dominos Pizza 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 Dominos Pizza. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

For more information on how to buy Dominos Stock please use our How to Invest in Dominos Pizza guide.Enterprise Value is likely to rise to about 18.5 B in 2024, whereas Selling General Administrative is likely to drop slightly above 269.4 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.7B	1.6B	1.7B	1.8B
Total Revenue	4.4B	4.5B	4.5B	2.5B

Gross Profit Total Revenue

Dominos Pizza fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Other Liab	Accounts Payable	Other Assets	Long Term Debt	Good Will	Inventory	Other Current Assets	Other Stockholder Equity	Intangible Assets	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Current Deferred Revenue	Retained Earnings
Total Assets		0.98	-0.96	0.98	0.62	0.59	-0.54	0.98	0.98	0.81	0.56	0.83	0.93	0.44	-0.37	0.86	-0.72	0.86	-0.28	0.34	0.95	-0.74	0.8	0.98	0.62	-0.96
Short Long Term Debt Total	0.98		-0.99	1.0	0.54	0.51	-0.54	1.0	1.0	0.82	0.57	0.86	0.92	0.49	-0.46	0.9	-0.78	0.85	-0.3	0.4	0.95	-0.73	0.8	0.95	0.59	-0.99
Total Stockholder Equity	-0.96	-0.99		-0.99	-0.52	-0.48	0.58	-0.99	-0.99	-0.85	-0.6	-0.89	-0.9	-0.53	0.48	-0.93	0.8	-0.87	0.31	-0.42	-0.92	0.74	-0.83	-0.92	-0.55	1.0
Net Debt	0.98	1.0	-0.99		0.52	0.48	-0.54	1.0	1.0	0.81	0.58	0.85	0.92	0.49	-0.46	0.9	-0.79	0.85	-0.29	0.4	0.95	-0.73	0.8	0.94	0.58	-0.99
Cash	0.62	0.54	-0.52	0.52		0.99	-0.43	0.54	0.54	0.7	0.17	0.6	0.41	0.42	-0.18	0.58	-0.28	0.52	-0.23	0.17	0.42	-0.45	0.59	0.65	0.49	-0.52
Cash And Short Term Investments	0.59	0.51	-0.48	0.48	0.99		-0.36	0.51	0.5	0.66	0.13	0.54	0.34	0.37	-0.2	0.54	-0.26	0.49	-0.08	0.18	0.38	-0.39	0.55	0.62	0.46	-0.48
Common Stock Shares Outstanding	-0.54	-0.54	0.58	-0.54	-0.43	-0.36		-0.54	-0.53	-0.6	-0.64	-0.7	-0.58	-0.19	-0.19	-0.74	0.22	-0.73	0.3	0.23	-0.52	0.85	-0.75	-0.61	-0.16	0.62
Non Current Liabilities Total	0.98	1.0	-0.99	1.0	0.54	0.51	-0.54		1.0	0.82	0.57	0.86	0.92	0.49	-0.46	0.9	-0.78	0.85	-0.29	0.41	0.95	-0.73	0.8	0.95	0.59	-0.99
Total Liab	0.98	1.0	-0.99	1.0	0.54	0.5	-0.53	1.0		0.83	0.57	0.86	0.91	0.51	-0.48	0.9	-0.8	0.85	-0.3	0.43	0.94	-0.71	0.8	0.94	0.59	-0.99
Total Current Assets	0.81	0.82	-0.85	0.81	0.7	0.66	-0.6	0.82	0.83		0.53	0.95	0.67	0.73	-0.6	0.94	-0.78	0.88	-0.31	0.58	0.66	-0.53	0.79	0.76	0.44	-0.83
Other Current Liab	0.56	0.57	-0.6	0.58	0.17	0.13	-0.64	0.57	0.57	0.53		0.64	0.54	0.15	-0.07	0.64	-0.43	0.69	-0.15	0.03	0.52	-0.62	0.55	0.57	-0.22	-0.62
Total Current Liabilities	0.83	0.86	-0.89	0.85	0.6	0.54	-0.7	0.86	0.86	0.95	0.64		0.76	0.69	-0.5	0.96	-0.74	0.91	-0.4	0.44	0.74	-0.67	0.87	0.79	0.45	-0.88
Other Liab	0.93	0.92	-0.9	0.92	0.41	0.34	-0.58	0.92	0.91	0.67	0.54	0.76		0.37	-0.22	0.77	-0.62	0.78	-0.36	0.17	0.97	-0.82	0.74	0.9	0.62	-0.91
Accounts Payable	0.44	0.49	-0.53	0.49	0.42	0.37	-0.19	0.49	0.51	0.73	0.15	0.69	0.37		-0.75	0.57	-0.67	0.46	-0.48	0.7	0.37	-0.16	0.31	0.32	0.4	-0.49
Other Assets	-0.37	-0.46	0.48	-0.46	-0.18	-0.2	-0.19	-0.46	-0.48	-0.6	-0.07	-0.5	-0.22	-0.75		-0.47	0.82	-0.39	0.1	-0.98	-0.28	-0.19	-0.23	-0.24	-0.28	0.43
Long Term Debt	0.86	0.9	-0.93	0.9	0.58	0.54	-0.74	0.9	0.9	0.94	0.64	0.96	0.77	0.57	-0.47		-0.77	0.94	-0.29	0.42	0.78	-0.71	0.88	0.84	0.42	-0.93
Good Will	-0.72	-0.78	0.8	-0.79	-0.28	-0.26	0.22	-0.78	-0.8	-0.78	-0.43	-0.74	-0.62	-0.67	0.82	-0.77		-0.78	0.16	-0.8	-0.69	0.26	-0.5	-0.63	-0.33	0.76
Inventory	0.86	0.85	-0.87	0.85	0.52	0.49	-0.73	0.85	0.85	0.88	0.69	0.91	0.78	0.46	-0.39	0.94	-0.78		-0.2	0.37	0.79	-0.67	0.83	0.84	0.34	-0.87
Other Current Assets	-0.28	-0.3	0.31	-0.29	-0.23	-0.08	0.3	-0.29	-0.3	-0.31	-0.15	-0.4	-0.36	-0.48	0.1	-0.29	0.16	-0.2		-0.09	-0.28	0.35	-0.23	-0.24	-0.3	0.32
Other Stockholder Equity	0.34	0.4	-0.42	0.4	0.17	0.18	0.23	0.41	0.43	0.58	0.03	0.44	0.17	0.7	-0.98	0.42	-0.8	0.37	-0.09		0.22	0.28	0.18	0.21	0.24	-0.36
Intangible Assets	0.95	0.95	-0.92	0.95	0.42	0.38	-0.52	0.95	0.94	0.66	0.52	0.74	0.97	0.37	-0.28	0.78	-0.69	0.79	-0.28	0.22		-0.79	0.71	0.92	0.62	-0.94
Common Stock	-0.74	-0.73	0.74	-0.73	-0.45	-0.39	0.85	-0.73	-0.71	-0.53	-0.62	-0.67	-0.82	-0.16	-0.19	-0.71	0.26	-0.67	0.35	0.28	-0.79		-0.73	-0.78	-0.39	0.78
Property Plant Equipment	0.8	0.8	-0.83	0.8	0.59	0.55	-0.75	0.8	0.8	0.79	0.55	0.87	0.74	0.31	-0.23	0.88	-0.5	0.83	-0.23	0.18	0.71	-0.73		0.81	0.52	-0.84
Property Plant And Equipment Net	0.98	0.95	-0.92	0.94	0.65	0.62	-0.61	0.95	0.94	0.76	0.57	0.79	0.9	0.32	-0.24	0.84	-0.63	0.84	-0.24	0.21	0.92	-0.78	0.81		0.57	-0.93
Current Deferred Revenue	0.62	0.59	-0.55	0.58	0.49	0.46	-0.16	0.59	0.59	0.44	-0.22	0.45	0.62	0.4	-0.28	0.42	-0.33	0.34	-0.3	0.24	0.62	-0.39	0.52	0.57		-0.55
Retained Earnings	-0.96	-0.99	1.0	-0.99	-0.52	-0.48	0.62	-0.99	-0.99	-0.83	-0.62	-0.88	-0.91	-0.49	0.43	-0.93	0.76	-0.87	0.32	-0.36	-0.94	0.78	-0.84	-0.93	-0.55

Click cells to compare fundamentals

Dominos Pizza Account Relationship Matchups

Dominos Pizza fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.6B	1.7B	1.6B	1.7B	1.8B
Short Long Term Debt Total	4.4B	4.4B	5.3B	5.3B	5.2B	5.5B
Total Stockholder Equity	(3.4B)	(3.3B)	(4.2B)	(4.2B)	(4.1B)	(3.9B)
Net Debt	4.2B	4.2B	5.1B	5.2B	5.1B	5.3B
Cash	190.6M	168.8M	148.2M	60.4M	114.1M	70.2M
Cash And Short Term Investments	190.6M	168.8M	148.2M	60.4M	114.1M	74.7M
Common Stock Shares Outstanding	41.9M	39.6M	37.7M	36.1M	35.4M	61.0M
Liabilities And Stockholders Equity	1.4B	1.6B	1.7B	1.6B	1.7B	1.8B
Non Current Liabilities Total	4.3B	4.4B	5.3B	5.3B	5.2B	5.5B
Total Liab	4.8B	4.9B	5.9B	5.8B	5.7B	6.0B
Total Current Assets	787.6M	869.4M	860.5M	790.7M	817.3M	446.2M
Other Current Liab	101.9M	141.2M	173.7M	355.3M	104.2M	97.7M
Total Current Liabilities	453.8M	470.8M	590.7M	536.6M	547.4M	336.9M
Other Liab	70.2M	78.5M	91.5M	92.0M	105.8M	111.1M
Accounts Payable	111.1M	94.5M	91.5M	89.7M	106.3M	86.8M
Other Assets	34.6M	75.8M	24.6M	30.8M	27.7M	26.3M
Long Term Debt	4.1B	4.1B	4.9B	4.9B	4.9B	2.5B
Good Will	15.1M	15.1M	15.0M	11.8M	11.7M	14.0M
Inventory	53.0M	66.7M	68.3M	81.6M	83.0M	42.9M
Other Current Assets	19.1M	24.2M	27.2M	37.3M	30.2M	27.7M
Other Stockholder Equity	243K	5.1M	840K	9.7M	2.8M	2.7M
Intangible Assets	73.1M	81.3M	95.6M	108.4M	134.1M	140.8M
Property Plant Equipment	242.9M	297.4M	534.8M	302.2M	347.6M	184.0M
Property Plant And Equipment Net	471.7M	525.6M	534.8M	521.4M	511.7M	537.3M
Current Deferred Revenue	164.1M	196.4M	232.7M	1.9M	241.1M	253.2M
Retained Earnings	(3.4B)	(3.3B)	(4.2B)	(4.2B)	(4.1B)	(3.9B)
Non Current Assets Total	594.5M	697.8M	811.3M	811.6M	857.6M	900.5M
Non Currrent Assets Other	12.5M	60.6M	38.0M	42.2M	42.9M	24.4M
Net Receivables	210.3M	244.6M	255.3M	257.5M	282.8M	151.2M
Property Plant And Equipment Gross	471.7M	525.6M	642.5M	634.7M	882.1M	926.2M
Accumulated Other Comprehensive Income	(3.7M)	(2.4M)	(2.8M)	(4.7M)	(3.9M)	(3.7M)
Short Term Debt	76.7M	38.7M	92.7M	89.7M	95.7M	100.5M
Short Term Investments	12.0M	13.3M	15.4M	13.4M	15.4M	23.4M
Net Tangible Assets	(3.4B)	(3.3B)	(4.3B)	(4.3B)	(3.9B)	(4.1B)
Retained Earnings Total Equity	(3.4B)	(3.3B)	(4.2B)	(4.2B)	(3.8B)	(4.0B)
Long Term Debt Total	4.1B	4.1B	5.0B	5.0B	5.7B	3.2B
Long Term Investments	12.0M	13.3M	141.3M	139.2M	143.6M	150.7M

Pair Trading with Dominos Pizza

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 Dominos Pizza 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 Dominos Pizza will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dominos Stock

0.73	H	Hyatt Hotels Earnings Call This Week	Pair Corr
0.81	BH	Biglari Holdings Earnings Call This Week	Pair Corr
0.84	SG	Sweetgreen Buyout Trend	Pair Corr
0.79	WING	Wingstop Financial Report 1st of May 2024	Pair Corr

Moving against Dominos Stock

0.8	MCD	McDonalds Financial Report 25th of July 2024	Pair Corr
0.78	WH	Wyndham Hotels Resorts	Pair Corr
0.72	BFI	Burgerfi International	Pair Corr
0.6	FAT	FAT Brands Financial Report 13th of May 2024	Pair Corr
0.56	BTBDW	BT Brands Warrant	Pair Corr

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

The correlation of Dominos Pizza 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 Dominos Pizza moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dominos Pizza 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 Dominos Pizza 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 Dominos Pizza offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dominos Pizza'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 Dominos Pizza Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dominos Pizza Stock:

How To Invest In Dominos

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Is Dominos Stock a good investment?

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What is Dominos Pizza's Net Worth?

Details

Largest Hotels, Restaurants & Leisure Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dominos Pizza. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

For more information on how to buy Dominos Stock please use our How to Invest in Dominos Pizza guide.

You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Dominos Stock analysis

When running Dominos Pizza's price analysis, check to measure Dominos Pizza'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 Dominos Pizza is operating at the current time. Most of Dominos Pizza's value examination focuses on studying past and present price action to predict the probability of Dominos Pizza's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dominos Pizza's price. Additionally, you may evaluate how the addition of Dominos Pizza to your portfolios can decrease your overall portfolio volatility.

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Is Dominos Pizza'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 Dominos Pizza. If investors know Dominos 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 Dominos Pizza 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

0.301

Dividend Share

4.84

Earnings Share

14.68

Revenue Per Share

127.683

Quarterly Revenue Growth

0.031

The market value of Dominos Pizza is measured differently than its book value, which is the value of Dominos that is recorded on the company's balance sheet. Investors also form their own opinion of Dominos Pizza's value that differs from its market value or its book value, called intrinsic value, which is Dominos Pizza'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 Dominos Pizza's market value can be influenced by many factors that don't directly affect Dominos Pizza'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 Dominos Pizza's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dominos Pizza is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dominos Pizza'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.

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Dominos Inventory vs Total Current Liabilities Analysis

Inventory vs Total Current Liabilities

Inventory vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Inventory

Total Current Liabilities

Dominos Pizza fundamental ratios Correlations

Dominos Pizza Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dominos Pizza fundamental ratios Accounts

Pair Trading with Dominos Pizza

Moving together with Dominos Stock

Moving against Dominos Stock

Complementary Tools for Dominos Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Liabilities Total	+ 1.0	Net Debt
Total Liab	+ 1.0	Net Debt

Retained Earnings	- 0.99	Total Liab
Retained Earnings	- 0.99	Non Current Liabilities Total
Retained Earnings	- 0.99	Net Debt
Total Liab	- 0.99	Total Stockholder Equity
Non Current Liabilities Total	- 0.99	Total Stockholder Equity
Net Debt	- 0.99	Total Stockholder Equity