DR Investments vs Net Income Analysis

301177 Stock   24.79  0.19  0.77%   
DR financial indicator trend analysis is much more than just examining DR Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DR Limited is a good investment. Please check the relationship between DR Investments and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in DR Limited. 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.

Investments vs Net Income

Investments vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DR Limited Investments account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between DR's Investments and Net Income is -0.6. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Net Income in the same time period over historical financial statements of DR Limited, assuming nothing else is changed. The correlation between historical values of DR's Investments and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of DR Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Investments i.e., DR's Investments and Net Income go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in DR Limited financial statement analysis. It represents the amount of money remaining after all of DR Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from DR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DR Limited 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 DR Limited. 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.
As of December 11, 2024, Tax Provision is expected to decline to about 41.7 M. In addition to that, Selling General Administrative is expected to decline to about 1.1 B
 2021 2022 2023 2024 (projected)
Gross Profit3.2B2.6B1.5B2.2B
Total Revenue4.6B3.7B2.2B3.2B

DR fundamental ratios Correlations

-0.890.931.00.990.60.540.94-0.10.360.850.90.90.960.730.931.01.00.850.970.99-0.60.650.320.73-0.44
-0.89-0.92-0.87-0.91-0.52-0.38-0.910.16-0.55-0.79-0.82-0.89-0.89-0.73-0.92-0.87-0.87-0.79-0.87-0.850.51-0.46-0.12-0.580.54
0.93-0.920.90.940.730.410.960.160.430.690.880.980.960.591.00.90.910.690.950.88-0.740.760.440.83-0.38
1.0-0.870.90.990.560.550.93-0.150.340.870.90.870.950.750.91.01.00.870.961.0-0.560.610.280.69-0.45
0.99-0.910.940.990.640.60.93-0.080.460.810.860.930.940.70.940.980.990.810.950.98-0.60.660.340.74-0.43
0.6-0.520.730.560.640.580.590.630.560.110.460.80.59-0.080.750.550.60.110.570.56-0.520.90.90.780.31
0.54-0.380.410.550.60.580.27-0.090.710.250.150.520.320.130.430.530.590.250.330.61-0.110.440.450.40.09
0.94-0.910.960.930.930.590.270.040.250.820.980.90.990.710.950.930.920.820.990.89-0.670.650.30.73-0.45
-0.10.160.16-0.15-0.080.63-0.090.04-0.03-0.52-0.020.210.03-0.620.17-0.15-0.12-0.520.0-0.18-0.390.660.820.490.61
0.36-0.550.430.340.460.560.710.25-0.030.110.050.540.230.030.450.320.380.110.20.370.010.230.260.220.05
0.85-0.790.690.870.810.110.250.82-0.520.110.860.60.830.950.670.880.851.00.840.86-0.330.19-0.190.34-0.7
0.9-0.820.880.90.860.460.150.98-0.020.050.860.790.970.740.870.910.880.860.970.86-0.610.570.220.65-0.47
0.9-0.890.980.870.930.80.520.90.210.540.60.790.90.50.990.860.890.60.890.85-0.730.80.510.86-0.31
0.96-0.890.960.950.940.590.320.990.030.230.830.970.90.720.950.960.950.831.00.92-0.690.680.320.76-0.46
0.73-0.730.590.750.7-0.080.130.71-0.620.030.950.740.50.720.570.760.730.950.740.74-0.390.06-0.390.29-0.89
0.93-0.921.00.90.940.750.430.950.170.450.670.870.990.950.570.90.910.670.940.88-0.740.770.450.84-0.37
1.0-0.870.91.00.980.550.530.93-0.150.320.880.910.860.960.760.91.00.880.960.99-0.570.610.280.69-0.46
1.0-0.870.911.00.990.60.590.92-0.120.380.850.880.890.950.730.911.00.850.951.0-0.580.640.320.72-0.44
0.85-0.790.690.870.810.110.250.82-0.520.111.00.860.60.830.950.670.880.850.840.86-0.330.19-0.190.34-0.7
0.97-0.870.950.960.950.570.330.990.00.20.840.970.891.00.740.940.960.950.840.93-0.70.680.310.77-0.48
0.99-0.850.881.00.980.560.610.89-0.180.370.860.860.850.920.740.880.991.00.860.93-0.540.60.290.68-0.44
-0.60.51-0.74-0.56-0.6-0.52-0.11-0.67-0.390.01-0.33-0.61-0.73-0.69-0.39-0.74-0.57-0.58-0.33-0.7-0.54-0.79-0.44-0.930.43
0.65-0.460.760.610.660.90.440.650.660.230.190.570.80.680.060.770.610.640.190.680.6-0.790.880.950.11
0.32-0.120.440.280.340.90.450.30.820.26-0.190.220.510.32-0.390.450.280.32-0.190.310.29-0.440.880.690.57
0.73-0.580.830.690.740.780.40.730.490.220.340.650.860.760.290.840.690.720.340.770.68-0.930.950.69-0.19
-0.440.54-0.38-0.45-0.430.310.09-0.450.610.05-0.7-0.47-0.31-0.46-0.89-0.37-0.46-0.44-0.7-0.48-0.440.430.110.57-0.19
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DR Account Relationship Matchups

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Other Information on Investing in DR Stock

Balance Sheet is a snapshot of the financial position of DR Limited at a specified time, usually calculated after every quarter, six months, or one year. DR Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DR 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 DR currently owns. An asset can also be divided into two categories, current and non-current.