Dustin Net Tangible Assets vs Good Will Analysis

0R5W Stock   87.20  82.38  1,709%   
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 Net Tangible Assets and its Good Will 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.

Net Tangible Assets vs Good Will

Net Tangible Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dustin Group AB Net Tangible Assets account and Good Will. At this time, the significance of the direction appears to have pay attention.
The correlation between Dustin Group's Net Tangible Assets and Good Will is -0.88. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Good Will 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 Net Tangible Assets 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 Net Tangible Assets of Dustin Group AB 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 Net Tangible Assets i.e., Dustin Group's Net Tangible Assets and Good Will go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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 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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