Doman Current Deferred Revenue vs Common Stock Analysis

DBM Stock   9.65  0.12  1.23%   
Doman Building financial indicator trend analysis is much more than just examining Doman Building Materials latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Doman Building Materials is a good investment. Please check the relationship between Doman Building Current Deferred Revenue and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Doman Building Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Current Deferred Revenue vs Common Stock

Current Deferred Revenue vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Doman Building Materials Current Deferred Revenue account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Doman Building's Current Deferred Revenue and Common Stock is 0.54. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Common Stock in the same time period over historical financial statements of Doman Building Materials, assuming nothing else is changed. The correlation between historical values of Doman Building's Current Deferred Revenue and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Doman Building Materials are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Current Deferred Revenue i.e., Doman Building's Current Deferred Revenue and Common Stock go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Common Stock

Most indicators from Doman Building's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Doman Building Materials 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 Doman Building Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Doman Building's Tax Provision is very stable compared to the past year. As of the 27th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Selling General Administrative is likely to drop about 109.6 M.
 2021 2022 2023 2024 (projected)
Total Revenue2.5B3.0B2.5B1.3B
Depreciation And Amortization55.1M66.9M68.1M71.5M

Doman Building fundamental ratios Correlations

0.99-0.210.90.980.980.970.261.00.890.810.850.880.220.990.90.720.860.620.98-0.260.960.860.140.140.66
0.99-0.170.880.930.970.990.30.990.890.760.880.870.251.00.890.690.80.570.97-0.280.970.860.10.10.63
-0.21-0.17-0.25-0.29-0.07-0.10.08-0.23-0.07-0.11-0.02-0.050.42-0.16-0.07-0.31-0.260.1-0.38-0.18-0.210.14-0.45-0.45-0.6
0.90.88-0.250.910.870.840.490.90.690.60.590.670.130.880.710.940.690.510.91-0.230.870.710.340.340.66
0.980.93-0.290.910.930.910.240.970.840.820.770.850.170.940.860.760.880.640.96-0.240.910.790.190.190.67
0.980.97-0.070.870.930.980.230.980.890.810.870.880.340.980.890.670.840.630.93-0.290.920.880.010.010.57
0.970.99-0.10.840.910.980.230.970.890.780.90.890.370.990.90.640.810.580.94-0.280.940.86-0.03-0.030.55
0.260.30.080.490.240.230.230.280.12-0.20.040.03-0.310.280.090.59-0.130.040.33-0.080.430.290.610.610.24
1.00.99-0.230.90.970.980.970.280.890.80.850.880.210.990.890.720.850.590.98-0.240.970.850.140.140.65
0.890.89-0.070.690.840.890.890.120.890.880.960.960.150.910.980.430.890.590.84-0.270.870.950.070.070.58
0.810.76-0.110.60.820.810.78-0.20.80.880.850.940.340.780.930.360.980.640.72-0.220.690.8-0.17-0.170.43
0.850.88-0.020.590.770.870.90.040.850.960.850.950.280.890.950.310.830.540.8-0.260.850.9-0.12-0.120.47
0.880.87-0.050.670.850.880.890.030.880.960.940.950.30.890.990.430.930.660.81-0.30.830.91-0.08-0.080.5
0.220.250.420.130.170.340.37-0.310.210.150.340.280.30.240.250.080.280.220.11-0.10.090.14-0.87-0.87-0.4
0.991.0-0.160.880.940.980.990.280.990.910.780.890.890.240.90.680.820.590.96-0.280.970.880.110.110.63
0.90.89-0.070.710.860.890.90.090.890.980.930.950.990.250.90.470.930.640.84-0.290.860.93-0.01-0.010.54
0.720.69-0.310.940.760.670.640.590.720.430.360.310.430.080.680.470.480.360.77-0.180.690.450.40.40.56
0.860.8-0.260.690.880.840.81-0.130.850.890.980.830.930.280.820.930.480.640.8-0.220.740.77-0.06-0.060.54
0.620.570.10.510.640.630.580.040.590.590.640.540.660.220.590.640.360.640.49-0.610.50.6-0.03-0.030.53
0.980.97-0.380.910.960.930.940.330.980.840.720.80.810.110.960.840.770.80.49-0.190.970.780.250.250.71
-0.26-0.28-0.18-0.23-0.24-0.29-0.28-0.08-0.24-0.27-0.22-0.26-0.3-0.1-0.28-0.29-0.18-0.22-0.61-0.19-0.22-0.29-0.01-0.01-0.35
0.960.97-0.210.870.910.920.940.430.970.870.690.850.830.090.970.860.690.740.50.97-0.220.860.250.250.65
0.860.860.140.710.790.880.860.290.850.950.80.90.910.140.880.930.450.770.60.78-0.290.860.10.10.5
0.140.1-0.450.340.190.01-0.030.610.140.07-0.17-0.12-0.08-0.870.11-0.010.4-0.06-0.030.25-0.010.250.11.00.61
0.140.1-0.450.340.190.01-0.030.610.140.07-0.17-0.12-0.08-0.870.11-0.010.4-0.06-0.030.25-0.010.250.11.00.61
0.660.63-0.60.660.670.570.550.240.650.580.430.470.5-0.40.630.540.560.540.530.71-0.350.650.50.610.61
Click cells to compare fundamentals

Doman Building Account Relationship Matchups

Doman Building fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets894.4M867.2M1.5B1.4B1.4B1.5B
Short Long Term Debt Total450.2M366.5M841.9M706.1M685.5M719.8M
Other Current Liab28.1M19.0M15.9M5.7M1.9M1.8M
Total Current Liabilities143.9M180.5M217.6M249.6M376.8M395.7M
Total Stockholder Equity326.8M340.6M497.7M568.5M581.3M610.4M
Property Plant And Equipment Net212.0M201.5M303.8M284.7M263.5M276.6M
Net Debt574.2M364.5M839.6M704.7M645.3M677.5M
Retained Earnings(189.1M)(170.4M)(107.4M)(76.3M)(49.0M)(51.4M)
Non Current Assets Total491.7M474.4M901.8M891.0M838.2M880.1M
Net Receivables107.4M132.5M215.2M164.3M171.5M99.7M
Common Stock Shares Outstanding77.7M77.9M83.6M86.9M87.0M46.7M
Liabilities And Stockholders Equity894.4M867.2M1.5B1.4B1.4B1.5B
Non Current Liabilities Total423.7M346.1M822.8M627.1M467.4M240.3M
Inventory284.7M246.8M405.7M374.2M360.6M188.3M
Other Current Assets134.8M11.5M13.2M14.3M15.0M17.0M
Total Liab567.6M526.6M1.0B876.7M844.2M886.4M
Total Current Assets402.8M392.8M636.3M554.2M587.4M302.3M
Short Term Debt48.9M43.0M38.0M99.5M240.9M252.9M
Common Stock498.9M499.6M583.1M585.0M672.7M413.8M
Non Currrent Assets Other51.7M49.9M49.8M49.8M48.8M51.3M
Good Will178.4M180.8M382.4M401.8M394.7M414.4M
Other Stockholder Equity11.1M11.2M11.3M11.0M11.1M10.5M
Intangible Assets46.7M39.3M162.5M151.9M127.7M134.1M
Accounts Payable82.6M114.0M156.7M137.8M123.7M81.3M
Accumulated Other Comprehensive Income5.9M266K10.7M48.8M34.3M36.0M
Cash(124.0M)2.0M2.3M1.4M40.2M42.2M
Cash And Short Term Investments(124.0M)2.0M2.3M1.4M40.2M42.2M
Current Deferred Revenue(15.5M)4.5M7.0M6.5M10.3M10.8M
Other Assets5.8M5.1M5.4M4.8M4.3M4.6M
Long Term Debt296.1M209.6M665.3M473.6M320.8M362.5M
Long Term Debt Total401.4M323.5M803.9M606.6M697.6M442.0M
Capital Surpluse11.1M11.2M11.3M11.0M12.7M12.1M
Property Plant Equipment260.8M249.2M351.5M332.5M382.4M263.5M
Other Liab21.7M22.6M18.9M20.5M18.5M18.1M
Net Tangible Assets103.2M120.5M(47.2M)14.8M13.3M12.6M
Capital Lease Obligations105.3M132.3M158.6M154.2M145.3M110.4M
Net Invested Capital643.6M574.8M1.2B1.1B1.1B927.2M
Short Long Term Debt20.8M24.6M17.9M78.4M219.4M230.4M
Net Working Capital258.8M212.3M418.7M304.6M210.5M296.8M

Pair Trading with Doman Building

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Doman Building position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Doman Building will appreciate offsetting losses from the drop in the long position's value.

Moving together with Doman Stock

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  0.75META Meta Platforms CDRPairCorr
The ability to find closely correlated positions to Doman Building could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Doman Building when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Doman Building - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Doman Building Materials to buy it.
The correlation of Doman Building is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Doman Building moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Doman Building Materials moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Doman Building can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Doman Stock

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