Dook Retained Earnings vs Intangible Assets 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 Retained Earnings and its Intangible Assets 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.

Retained Earnings vs Intangible Assets

Retained Earnings vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dook Media Group Retained Earnings account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dook Media's Retained Earnings and Intangible Assets is -0.38. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Intangible Assets 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 Retained Earnings and Intangible 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 Retained Earnings of Dook Media Group are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Retained Earnings i.e., Dook Media's Retained Earnings and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 Profit191.6M198.6M131.2M136.4M
Total Revenue519.2M513.8M434.2M499.9M

Dook Media fundamental ratios Correlations

-0.540.940.990.990.980.920.93-0.91-0.160.810.910.60.931.01.00.810.99-0.41-0.83-0.81-0.75-0.54-0.77
-0.54-0.46-0.56-0.46-0.53-0.47-0.520.780.83-0.73-0.55-0.95-0.42-0.56-0.54-0.73-0.550.780.810.750.871.00.64
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0.98-0.530.860.990.980.840.86-0.9-0.110.850.920.620.840.990.990.851.0-0.52-0.86-0.85-0.77-0.53-0.81
0.92-0.470.990.880.90.840.95-0.81-0.170.610.730.460.990.90.910.610.88-0.13-0.7-0.64-0.67-0.47-0.52
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-0.910.78-0.81-0.92-0.89-0.9-0.81-0.90.53-0.91-0.89-0.86-0.8-0.93-0.91-0.91-0.910.640.90.90.850.780.89
-0.160.83-0.12-0.17-0.08-0.11-0.17-0.320.53-0.46-0.21-0.81-0.12-0.19-0.14-0.46-0.140.550.460.450.530.830.44
0.81-0.730.610.850.790.850.610.74-0.91-0.460.770.880.580.840.811.00.83-0.8-0.95-0.99-0.88-0.73-0.87
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0.6-0.950.440.640.540.620.460.6-0.86-0.810.880.630.420.640.60.880.62-0.86-0.86-0.87-0.87-0.95-0.79
0.93-0.421.00.880.910.840.990.95-0.8-0.120.580.760.420.910.910.580.88-0.09-0.65-0.6-0.61-0.42-0.54
1.0-0.560.921.00.990.990.90.93-0.93-0.190.840.920.640.911.00.841.0-0.46-0.85-0.84-0.77-0.56-0.8
1.0-0.540.931.00.990.990.910.91-0.91-0.140.810.910.60.911.00.811.0-0.43-0.83-0.81-0.76-0.54-0.77
0.81-0.730.610.850.790.850.610.74-0.91-0.461.00.770.880.580.840.810.83-0.8-0.95-0.99-0.88-0.73-0.87
0.99-0.550.91.00.991.00.880.89-0.91-0.140.830.930.620.881.01.00.83-0.48-0.85-0.83-0.77-0.55-0.8
-0.410.78-0.15-0.49-0.38-0.52-0.13-0.260.640.55-0.8-0.54-0.86-0.09-0.46-0.43-0.8-0.480.760.790.740.780.73
-0.830.81-0.7-0.86-0.79-0.86-0.7-0.740.90.46-0.95-0.72-0.86-0.65-0.85-0.83-0.95-0.850.760.980.980.810.74
-0.810.75-0.63-0.85-0.79-0.85-0.64-0.740.90.45-0.99-0.73-0.87-0.6-0.84-0.81-0.99-0.830.790.980.920.750.81
-0.750.87-0.66-0.78-0.69-0.77-0.67-0.680.850.53-0.88-0.62-0.87-0.61-0.77-0.76-0.88-0.770.740.980.920.870.63
-0.541.0-0.46-0.56-0.46-0.53-0.47-0.520.780.83-0.73-0.55-0.95-0.42-0.56-0.54-0.73-0.550.780.810.750.870.64
-0.770.64-0.55-0.81-0.77-0.81-0.52-0.710.890.44-0.87-0.9-0.79-0.54-0.8-0.77-0.87-0.80.730.740.810.630.64
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Dook Media Account Relationship Matchups

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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.