Dominos Retained Earnings vs Cash And Short Term Investments Analysis
DPZ Stock | USD 517.68 6.97 1.36% |
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 Retained Earnings 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 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.
Retained Earnings vs Cash And Short Term Investments
Retained Earnings 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 Dominos Pizza Retained Earnings account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dominos Pizza's Retained Earnings and Cash And Short Term Investments is -0.48. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash And Short Term Investments 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 Retained Earnings 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 Retained Earnings of Dominos Pizza 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 Retained Earnings i.e., Dominos Pizza's Retained Earnings and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Dominos Pizza balance sheet. This account contains Dominos Pizza investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Dominos Pizza 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 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 |
Dominos Pizza fundamental ratios Correlations
Click cells to compare fundamentals
Dominos Pizza Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 against Dominos Stock
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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.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 Global Correlations module to find global opportunities by holding instruments from different markets.
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 5.14 | Earnings Share 15.32 | Revenue Per Share 129.948 | 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.