Dustin Inventory vs Total Current Assets Analysis

0R5W Stock   87.20  80.84  1,271%   
Dustin Group financial indicator trend analysis is much more than just examining Dustin Group AB latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dustin Group AB is a good investment. Please check the relationship between Dustin Group Inventory and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dustin Group AB. 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.

Inventory vs Total Current Assets

Inventory vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dustin Group AB Inventory account and Total Current Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Dustin Group's Inventory and Total Current Assets is 0.99. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Dustin Group AB, assuming nothing else is changed. The correlation between historical values of Dustin Group's Inventory and Total Current Assets 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 Dustin Group AB are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Inventory i.e., Dustin Group's Inventory and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Inventory

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Dustin Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dustin Group AB 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 Dustin Group AB. 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.
Tax Provision is likely to drop to about 89.6 M in 2024. Selling General Administrative is likely to drop to about 1.6 B in 2024
 2019 2020 2023 2024 (projected)
Interest Income52.5M105.2M121.0M63.7M
Tax Provision57.9M112.2M129.0M89.6M

Dustin Group fundamental ratios Correlations

0.910.991.00.970.890.610.910.890.971.00.970.67-0.411.00.990.960.590.930.730.9-0.870.95
0.910.940.90.910.970.781.00.970.920.90.930.83-0.440.910.940.910.750.90.880.86-0.940.92
0.990.940.980.980.920.670.940.920.990.990.990.72-0.390.991.00.960.640.920.780.92-0.90.97
1.00.90.980.970.870.60.90.870.961.00.970.66-0.370.990.980.940.590.920.720.9-0.870.95
0.970.910.980.970.890.730.910.890.960.970.950.76-0.340.970.980.950.710.890.830.97-0.860.93
0.890.970.920.870.890.730.961.00.880.880.90.79-0.50.90.910.920.690.950.830.82-0.850.85
0.610.780.670.60.730.730.790.730.610.610.580.99-0.20.610.670.650.990.550.980.82-0.740.62
0.911.00.940.90.910.960.790.960.930.90.930.84-0.420.910.940.920.760.880.880.87-0.940.92
0.890.970.920.870.891.00.730.960.880.880.90.79-0.50.90.910.920.690.950.830.82-0.850.85
0.970.920.990.960.960.880.610.930.880.970.990.66-0.330.960.990.940.590.870.740.9-0.90.98
1.00.90.991.00.970.880.610.90.880.970.970.66-0.41.00.990.960.580.920.720.9-0.880.95
0.970.930.990.970.950.90.580.930.90.990.970.64-0.410.970.990.930.550.910.710.87-0.90.98
0.670.830.720.660.760.790.990.840.790.660.660.64-0.320.670.720.690.960.630.980.83-0.80.67
-0.41-0.44-0.39-0.37-0.34-0.5-0.2-0.42-0.5-0.33-0.4-0.41-0.32-0.43-0.41-0.34-0.06-0.57-0.2-0.190.41-0.38
1.00.910.990.990.970.90.610.910.90.961.00.970.67-0.430.990.970.590.930.730.89-0.870.94
0.990.941.00.980.980.910.670.940.910.990.990.990.72-0.410.990.950.630.920.780.92-0.910.97
0.960.910.960.940.950.920.650.920.920.940.960.930.69-0.340.970.950.640.90.760.88-0.80.87
0.590.750.640.590.710.690.990.760.690.590.580.550.96-0.060.590.630.640.510.970.82-0.70.58
0.930.90.920.920.890.950.550.880.950.870.920.910.63-0.570.930.920.90.510.680.77-0.80.85
0.730.880.780.720.830.830.980.880.830.740.720.710.98-0.20.730.780.760.970.680.89-0.820.73
0.90.860.920.90.970.820.820.870.820.90.90.870.83-0.190.890.920.880.820.770.89-0.830.88
-0.87-0.94-0.9-0.87-0.86-0.85-0.74-0.94-0.85-0.9-0.88-0.9-0.80.41-0.87-0.91-0.8-0.7-0.8-0.82-0.83-0.94
0.950.920.970.950.930.850.620.920.850.980.950.980.67-0.380.940.970.870.580.850.730.88-0.94
Click cells to compare fundamentals

Dustin Group Account Relationship Matchups

Dustin Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2B7.3B7.8B14.3B16.5B8.7B
Short Long Term Debt Total2.0B2.0B2.5B4.9B5.6B5.9B
Total Current Liabilities2.6B4.5B5.3B4.9B5.6B3.7B
Total Stockholder Equity1.6B2.5B2.5B4.7B5.4B2.8B
Retained Earnings921.4M924.6M1.1B1.3B1.5B1.1B
Cash277.6M281.3M730.1M847.4M974.5M1.0B
Other Assets17.9M11.9M23.9M102.3M117.6M123.5M
Long Term Debt2.0B2.0B2.2B4.5B5.2B5.4B
Cash And Short Term Investments277.6M281.3M730.1M847.4M974.5M1.0B
Net Receivables1.4B2.7B3.5B2.8B3.2B2.3B
Good Will3.2B3.8B3.7B7.8B8.9B4.5B
Inventory482.9M1.0B1.3B987M1.1B777.7M
Other Current Assets73.7M102.2M99.5M554.1M637.2M669.1M
Other Stockholder Equity1.1B(11.7M)3M175.6M158.0M223.7M
Total Liab4.5B4.8B5.3B9.6B11.1B5.9B
Total Current Assets2.7B4.9B6.0B5.4B6.2B4.0B
Intangible Assets699M774.5M723.9M925.1M1.1B791.0M
Common Stock443.2M565.1M565.6M5.4B6.2B6.5B
Property Plant Equipment601.5M725.7M642.5M603.2M693.7M439.2M
Other Current Liab439.5M496M669.8M1.4B1.6B1.7B
Other Liab209.9M248.5M334.6M382.6M440.0M297.3M
Net Tangible Assets(2.0B)(4.0B)(4.0B)(4.4B)(4.0B)(4.2B)
Accounts Payable1.5B3.1B3.8B3.1B3.5B2.7B

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