Dook Net Receivables vs Retained Earnings Analysis
301025 Stock | 11.80 0.04 0.34% |
Dook Media financial indicator trend analysis is much more than just examining Dook Media Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dook Media Group is a good investment. Please check the relationship between Dook Media Net Receivables and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dook Media Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Net Receivables vs Retained Earnings
Net Receivables vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dook Media Group Net Receivables account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Dook Media's Net Receivables and Retained Earnings is -0.08. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Dook Media Group, assuming nothing else is changed. The correlation between historical values of Dook Media's Net Receivables and Retained Earnings 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 Receivables of Dook Media Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Receivables i.e., Dook Media's Net Receivables and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Receivables
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.Most indicators from Dook Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dook Media Group 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 Dook Media Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. The current year's Selling General Administrative is expected to grow to about 75 M, whereas Tax Provision is projected to grow to (4.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 191.6M | 198.6M | 131.2M | 136.4M | Total Revenue | 519.2M | 513.8M | 434.2M | 499.9M |
Dook Media fundamental ratios Correlations
Click cells to compare fundamentals
Dook Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Dook Stock
Balance Sheet is a snapshot of the financial position of Dook Media Group at a specified time, usually calculated after every quarter, six months, or one year. Dook Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dook Media and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Dook currently owns. An asset can also be divided into two categories, current and non-current.