Dook Total Current Liabilities vs Capital Lease Obligations 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 Total Current Liabilities and its Capital Lease Obligations 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.
Total Current Liabilities vs Capital Lease Obligations
Total Current Liabilities vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dook Media Group Total Current Liabilities account and Capital Lease Obligations. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Dook Media's Total Current Liabilities and Capital Lease Obligations is -0.63. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Capital Lease Obligations 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 Total Current Liabilities and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Dook Media Group are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Total Current Liabilities i.e., Dook Media's Total Current Liabilities and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.63 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Dook Media balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Dook Media Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Capital Lease Obligations
Dook Media Group capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Dook Media asset purchases. For example, Dook Media can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Dook Media control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.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.