Dook Property Plant And Equipment Net vs Cash 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 Property Plant And Equipment Net and its Cash 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.
Property Plant And Equipment Net vs Cash
Property Plant And Equipment Net vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dook Media Group Property Plant And Equipment Net account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Dook Media's Property Plant And Equipment Net and Cash is -0.7. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash 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 Property Plant And Equipment Net and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Dook Media Group are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Net i.e., Dook Media's Property Plant And Equipment Net and Cash go up and down completely randomly.
Correlation Coefficient | -0.7 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Cash
Cash refers to the most liquid asset of Dook Media Group, which is listed under current asset account on Dook Media Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Dook Media customers. The amounts must be unrestricted with restricted cash listed in a different Dook Media account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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
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Dook Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.