Dollar Short Term Investments vs Good Will Analysis

0IC8 Stock   71.89  0.39  0.55%   
Dollar Tree financial indicator trend analysis is much more than just examining Dollar Tree latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dollar Tree is a good investment. Please check the relationship between Dollar Tree Short Term Investments and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dollar Tree. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Dollar Stock please use our How to Invest in Dollar Tree guide.

Short Term Investments vs Good Will

Short Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dollar Tree Short Term Investments account and Good Will. At this time, the significance of the direction appears to have no relationship.
The correlation between Dollar Tree's Short Term Investments and Good Will is 0.06. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of Dollar Tree, assuming nothing else is changed. The correlation between historical values of Dollar Tree's Short Term Investments and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Dollar Tree are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Short Term Investments i.e., Dollar Tree's Short Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Dollar Tree balance sheet. It contains any investments Dollar Tree undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Dollar Tree can easily liquidate in the marketplace.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Dollar Tree's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dollar Tree 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Dollar Tree. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Dollar Stock please use our How to Invest in Dollar Tree guide.Selling General Administrative is likely to drop to about 55 M in 2024. Tax Provision is likely to drop to about 309.8 M in 2024
 2010 2014 2020 2024 (projected)
Interest Expense15.4M162.1M106.8M1M
Depreciation And Amortization190.5M634.8M841M71.6M

Dollar Tree fundamental ratios Correlations

1.0-0.930.991.01.01.00.880.940.971.0-0.440.960.83-0.271.00.960.620.531.00.961.00.920.630.770.37
1.0-0.960.970.990.981.00.840.910.941.0-0.490.930.84-0.251.00.930.550.61.00.931.00.950.650.820.34
-0.93-0.96-0.86-0.92-0.9-0.96-0.67-0.77-0.83-0.960.68-0.82-0.890.09-0.96-0.8-0.31-0.79-0.94-0.8-0.95-1.0-0.64-0.94-0.25
0.990.97-0.860.991.00.970.950.990.990.97-0.320.980.78-0.330.970.990.740.380.980.990.970.840.590.660.41
1.00.99-0.920.991.00.990.90.960.980.99-0.420.970.83-0.270.990.970.650.491.00.970.990.90.610.740.39
1.00.98-0.91.01.00.980.920.970.990.99-0.380.980.81-0.290.980.980.690.450.990.980.990.880.590.710.4
1.01.0-0.960.970.990.980.840.910.941.0-0.490.930.84-0.251.00.930.540.611.00.931.00.950.660.830.33
0.880.84-0.670.950.90.920.840.990.970.85-0.10.960.64-0.360.840.980.910.070.880.980.860.630.420.390.49
0.940.91-0.770.990.960.970.910.990.990.92-0.170.980.69-0.40.911.00.840.220.941.00.920.740.540.530.44
0.970.94-0.830.990.980.990.940.970.990.94-0.321.00.8-0.250.940.990.790.310.960.990.950.790.480.590.47
1.01.0-0.960.970.990.991.00.850.920.94-0.490.930.84-0.251.00.940.560.61.00.931.00.950.650.820.34
-0.44-0.490.68-0.32-0.42-0.38-0.49-0.1-0.17-0.32-0.49-0.36-0.82-0.64-0.49-0.220.25-0.79-0.44-0.23-0.5-0.67-0.01-0.72-0.15
0.960.93-0.820.980.970.980.930.960.981.00.93-0.360.82-0.190.930.980.780.30.950.980.950.790.420.580.49
0.830.84-0.890.780.830.810.840.640.690.80.84-0.820.820.310.840.720.330.620.830.720.860.860.210.750.41
-0.27-0.250.09-0.33-0.27-0.29-0.25-0.36-0.4-0.25-0.25-0.64-0.190.31-0.25-0.37-0.420.1-0.28-0.36-0.22-0.12-0.75-0.080.11
1.01.0-0.960.970.990.981.00.840.910.941.0-0.490.930.84-0.250.930.550.61.00.931.00.950.660.830.33
0.960.93-0.80.990.970.980.930.981.00.990.94-0.220.980.72-0.370.930.810.270.961.00.940.770.550.570.43
0.620.55-0.310.740.650.690.540.910.840.790.560.250.780.33-0.420.550.81-0.340.60.820.580.260.19-0.010.48
0.530.6-0.790.380.490.450.610.070.220.310.6-0.790.30.620.10.60.27-0.340.550.270.570.820.570.94-0.09
1.01.0-0.940.981.00.991.00.880.940.961.0-0.440.950.83-0.281.00.960.60.550.951.00.930.650.790.36
0.960.93-0.80.990.970.980.930.981.00.990.93-0.230.980.72-0.360.931.00.820.270.950.940.770.540.570.44
1.01.0-0.950.970.990.991.00.860.920.951.0-0.50.950.86-0.221.00.940.580.571.00.940.940.620.80.36
0.920.95-1.00.840.90.880.950.630.740.790.95-0.670.790.86-0.120.950.770.260.820.930.770.940.680.960.21
0.630.65-0.640.590.610.590.660.420.540.480.65-0.010.420.21-0.750.660.550.190.570.650.540.620.680.7-0.11
0.770.82-0.940.660.740.710.830.390.530.590.82-0.720.580.75-0.080.830.57-0.010.940.790.570.80.960.70.06
0.370.34-0.250.410.390.40.330.490.440.470.34-0.150.490.410.110.330.430.48-0.090.360.440.360.21-0.110.06
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Dollar Tree Account Relationship Matchups

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