DoorDash, Research Development vs Income Before Tax Analysis
DASH Stock | USD 177.24 4.07 2.35% |
DoorDash, financial indicator trend analysis is much more than just examining DoorDash, Class A latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DoorDash, Class A is a good investment. Please check the relationship between DoorDash, Research Development and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DoorDash, Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Research Development vs Income Before Tax
Research Development vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DoorDash, Class A Research Development account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between DoorDash,'s Research Development and Income Before Tax is -0.74. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of DoorDash, Class A, assuming nothing else is changed. The correlation between historical values of DoorDash,'s Research Development and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of DoorDash, Class A are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Research Development i.e., DoorDash,'s Research Development and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.74 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Research Development
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on DoorDash, income statement and is an important metric when analyzing DoorDash, Class A profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from DoorDash,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DoorDash, Class A 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DoorDash, Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. The DoorDash,'s current Sales General And Administrative To Revenue is estimated to increase to 0.22, while Tax Provision is projected to decrease to (3.1 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.6B | 3.0B | 4.0B | 2.1B | Total Revenue | 4.9B | 6.6B | 8.6B | 4.4B |
DoorDash, fundamental ratios Correlations
Click cells to compare fundamentals
DoorDash, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DoorDash, fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 6.4B | 6.8B | 9.8B | 10.8B | 6.6B | |
Other Current Liab | 318M | 807M | 1.2B | 1.8B | 347M | 329.7M | |
Total Current Liabilities | 382M | 1.4B | 1.8B | 2.5B | 3.4B | 1.8B | |
Total Stockholder Equity | 1.2B | 4.7B | 4.7B | 6.8B | 6.8B | 4.5B | |
Other Liab | 1M | 13M | 9M | 21M | 24.2M | 15.0M | |
Net Tangible Assets | (1.5B) | 4.3B | 4.3B | 3.6B | 4.2B | 2.3B | |
Property Plant And Equipment Net | 267M | 413M | 738M | 1.1B | 1.1B | 671M | |
Current Deferred Revenue | 27M | 136M | 183M | 251M | 308M | 167.4M | |
Net Debt | (73M) | (3.7B) | (2.1B) | (1.5B) | (2.1B) | (2.2B) | |
Retained Earnings | (1.2B) | (1.6B) | (2.1B) | (3.8B) | (5.2B) | (4.9B) | |
Accounts Payable | 20M | 80M | 161M | 157M | 216M | 122.7M | |
Cash | 257M | 4.3B | 2.5B | 2.0B | 2.7B | 2.2B | |
Non Current Assets Total | 734M | 836M | 2.2B | 5.1B | 5.2B | 5.5B | |
Non Currrent Assets Other | 58M | 33M | 70M | 340M | 374M | 392.7M | |
Other Assets | 58M | 33M | 70M | 340M | 391M | 410.6M | |
Cash And Short Term Investments | 765M | 4.9B | 3.8B | 3.5B | 4.1B | 3.2B | |
Net Receivables | 58M | 291M | 349M | 400M | 533M | 302.5M | |
Short Term Investments | 508M | 514M | 1.3B | 1.5B | 1.4B | 1.0B | |
Liabilities And Stockholders Equity | 1.7B | 6.4B | 6.8B | 9.8B | 10.8B | 6.6B | |
Non Current Liabilities Total | 168M | 251M | 382M | 477M | 616M | 351.6M | |
Capital Lease Obligations | 184M | 253M | 399M | 511M | 522M | 342.7M | |
Other Current Assets | 125M | 367M | 459M | 358M | 630M | 370.2M | |
Other Stockholder Equity | 70M | (40M) | 6.8B | 10.6B | 11.9B | 12.5B | |
Total Liab | 550M | 1.7B | 2.1B | 3.0B | 4.0B | 2.1B | |
Net Invested Capital | (1.1B) | 5.1B | 4.7B | 6.8B | 6.8B | 4.0B | |
Property Plant And Equipment Gross | 267M | 413M | 738M | 1.1B | 2.0B | 2.1B | |
Total Current Assets | 998M | 5.5B | 4.6B | 4.7B | 5.6B | 4.0B | |
Non Current Liabilities Other | 1M | 13M | 9M | 21M | 162M | 170.1M | |
Net Working Capital | 616M | 4.1B | 2.8B | 2.2B | 2.2B | 2.3B | |
Short Term Debt | 17M | 379M | 52M | 110M | 68M | 117.7M | |
Property Plant Equipment | 267M | 413M | 738M | 1.1B | 1.2B | 1.3B |
Currently Active Assets on Macroaxis
When determining whether DoorDash, Class A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DoorDash,'s financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Doordash, Class A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Doordash, Class A Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DoorDash, Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DoorDash,. If investors know DoorDash, will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DoorDash, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.43) | Revenue Per Share 24.936 | Quarterly Revenue Growth 0.25 | Return On Assets (0.01) | Return On Equity (0.03) |
The market value of DoorDash, Class A is measured differently than its book value, which is the value of DoorDash, that is recorded on the company's balance sheet. Investors also form their own opinion of DoorDash,'s value that differs from its market value or its book value, called intrinsic value, which is DoorDash,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DoorDash,'s market value can be influenced by many factors that don't directly affect DoorDash,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DoorDash,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if DoorDash, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DoorDash,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.