Docebo Net Income Per E B T vs Net Income Analysis

DCBO Stock  USD 42.72  0.34  0.79%   
Docebo financial indicator trend analysis is much more than just examining Docebo Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Docebo Inc is a good investment. Please check the relationship between Docebo Net Income Per E B T and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Docebo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Net Income Per E B T vs Net Income

Net Income Per E B T vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Docebo Inc Net Income Per E B T account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Docebo's Net Income Per E B T and Net Income is -0.54. Overlapping area represents the amount of variation of Net Income Per E B T that can explain the historical movement of Net Income in the same time period over historical financial statements of Docebo Inc, assuming nothing else is changed. The correlation between historical values of Docebo's Net Income Per E B T 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 Net Income Per E B T of Docebo Inc 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 Net Income Per E B T i.e., Docebo's Net Income Per E B T and Net Income go up and down completely randomly.

Correlation Coefficient

-0.54
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Income Per E B T

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Docebo Inc financial statement analysis. It represents the amount of money remaining after all of Docebo Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Docebo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Docebo Inc 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 Docebo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, Docebo's Selling General Administrative is very stable compared to the past year. As of the 24th of January 2025, Tax Provision is likely to grow to about 2.4 M, while Issuance Of Capital Stock is likely to drop about 111.8 M.
 2022 2023 2024 2025 (projected)
Gross Profit114.7M146.2M168.2M176.6M
Total Revenue142.9M180.8M208.0M218.4M

Docebo fundamental ratios Correlations

0.5-0.29-0.470.750.320.650.640.330.76-0.29-0.670.750.350.74-0.370.350.770.620.650.780.780.760.320.73-0.09
0.5-0.210.340.780.960.950.930.950.76-0.95-0.630.830.970.74-0.880.970.760.930.940.750.620.820.960.85-0.2
-0.29-0.210.01-0.28-0.15-0.27-0.32-0.19-0.310.130.27-0.32-0.13-0.340.38-0.13-0.33-0.26-0.12-0.3-0.36-0.29-0.13-0.350.95
-0.470.340.01-0.010.440.260.240.47-0.03-0.45-0.020.060.430.02-0.430.43-0.060.250.25-0.06-0.120.040.440.04-0.1
0.750.78-0.28-0.010.610.860.930.751.0-0.55-0.950.920.640.99-0.830.641.00.940.831.00.970.920.60.92-0.12
0.320.96-0.150.440.610.840.830.920.6-0.99-0.430.651.00.58-0.81.00.60.820.850.580.430.641.00.68-0.22
0.650.95-0.270.260.860.840.960.890.85-0.84-0.780.940.860.85-0.880.860.840.950.970.840.750.930.840.94-0.17
0.640.93-0.320.240.930.830.960.890.93-0.79-0.850.910.850.93-0.910.850.921.00.940.920.850.90.830.91-0.24
0.330.95-0.190.470.750.920.890.890.74-0.9-0.650.790.930.72-0.950.930.730.910.870.720.590.770.910.82-0.19
0.760.76-0.31-0.031.00.60.850.930.74-0.54-0.950.920.630.99-0.820.631.00.940.821.00.980.920.590.91-0.15
-0.29-0.950.13-0.45-0.55-0.99-0.84-0.79-0.9-0.540.38-0.64-0.99-0.510.78-0.99-0.54-0.78-0.83-0.52-0.36-0.63-0.99-0.670.2
-0.67-0.630.27-0.02-0.95-0.43-0.78-0.85-0.65-0.950.38-0.89-0.47-0.960.77-0.47-0.94-0.86-0.74-0.95-0.96-0.89-0.42-0.860.06
0.750.83-0.320.060.920.650.940.910.790.92-0.64-0.890.680.91-0.840.680.920.910.870.920.861.00.640.99-0.13
0.350.97-0.130.430.641.00.860.850.930.63-0.99-0.470.680.61-0.821.00.630.840.870.610.460.671.00.71-0.19
0.740.74-0.340.020.990.580.850.930.720.99-0.51-0.960.910.61-0.820.610.990.930.820.990.980.90.570.89-0.18
-0.37-0.880.38-0.43-0.83-0.8-0.88-0.91-0.95-0.820.780.77-0.84-0.82-0.82-0.82-0.82-0.92-0.8-0.8-0.72-0.83-0.79-0.870.32
0.350.97-0.130.430.641.00.860.850.930.63-0.99-0.470.681.00.61-0.820.630.840.870.610.460.671.00.71-0.19
0.770.76-0.33-0.061.00.60.840.920.731.0-0.54-0.940.920.630.99-0.820.630.930.81.00.980.920.590.92-0.17
0.620.93-0.260.250.940.820.951.00.910.94-0.78-0.860.910.840.93-0.920.840.930.940.930.850.910.820.91-0.18
0.650.94-0.120.250.830.850.970.940.870.82-0.83-0.740.870.870.82-0.80.870.80.940.820.710.870.850.86-0.05
0.780.75-0.3-0.061.00.580.840.920.721.0-0.52-0.950.920.610.99-0.80.611.00.930.820.980.920.580.91-0.14
0.780.62-0.36-0.120.970.430.750.850.590.98-0.36-0.960.860.460.98-0.720.460.980.850.710.980.870.420.85-0.16
0.760.82-0.290.040.920.640.930.90.770.92-0.63-0.891.00.670.9-0.830.670.920.910.870.920.870.630.99-0.1
0.320.96-0.130.440.61.00.840.830.910.59-0.99-0.420.641.00.57-0.791.00.590.820.850.580.420.630.67-0.2
0.730.85-0.350.040.920.680.940.910.820.91-0.67-0.860.990.710.89-0.870.710.920.910.860.910.850.990.67-0.19
-0.09-0.20.95-0.1-0.12-0.22-0.17-0.24-0.19-0.150.20.06-0.13-0.19-0.180.32-0.19-0.17-0.18-0.05-0.14-0.16-0.1-0.2-0.19
Click cells to compare fundamentals

Docebo Account Relationship Matchups

Docebo fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding28.9M32.9M34.0M33.7M38.7M33.6M
Total Assets254.6M268.1M283.7M158.4M182.1M165.2M
Short Long Term Debt Total3.8M4.0M3.1M2.1M1.9M3.3M
Other Current Liab28.3M368.1K1.1M251K225.9K214.6K
Total Current Liabilities45.7M69.2M84.4M100.7M115.7M121.5M
Total Stockholder Equity200.7M190.7M192.2M50.7M58.3M101.2M
Other Liab1.4M5.7M5.6M5.4M6.2M3.7M
Net Tangible Assets31.4M192.6M183.8M185.1M212.8M223.5M
Property Plant And Equipment Net5.1M5.7M4.7M3.5M4.0M4.0M
Current Deferred Revenue28.3M44.6M55.8M67.3M77.4M81.2M
Net Debt(215.8M)(211.3M)(213.2M)(69.8M)(62.9M)(66.0M)
Retained Earnings(67.9M)(81.9M)(74.9M)(204.8M)(184.3M)(175.1M)
Accounts Payable16.1M22.9M26.0M31.7M36.4M18.4M
Cash219.7M215.3M216.3M72.0M82.7M122.0M
Non Current Assets Total14.9M16.6M20.1M31.2M35.9M37.7M
Cash And Short Term Investments219.7M215.3M216.3M72.0M82.8M122.1M
Net Receivables15.8M27.8M38.1M42.7M49.1M51.6M
Liabilities And Stockholders Equity254.6M268.1M283.7M158.4M182.1M165.2M
Non Current Liabilities Total8.2M8.3M7.1M7.0M8.1M6.9M
Other Current Assets4.3M8.4M9.2M12.4M14.2M15.0M
Other Stockholder Equity2.5M4.3M8.5M14.0M16.1M16.9M
Total Liab53.9M77.5M91.5M107.7M123.8M64.2M
Net Invested Capital200.7M190.7M192.2M50.7M58.3M103.2M
Property Plant And Equipment Gross5.1M9.6M10.3M11.4M13.1M6.7M
Total Current Assets239.7M251.5M263.6M127.2M146.2M151.0M
Accumulated Other Comprehensive Income1.7M2.1M(9.6M)(5.9M)(5.4M)(5.1M)
Net Working Capital194.0M182.3M179.2M26.5M30.5M29.0M
Short Term Debt1.3M1.3M1.4M1.5M1.3M1.3M
Common Stock264.4M266.1M268.2M247.5M284.6M184.9M
Property Plant Equipment3.9M5.1M5.7M4.7M5.4M4.0M
Non Currrent Assets Other674K4.1M7.9M11.1M12.7M13.4M
Other Assets1.0M1.7M4.1M8.3M9.5M10.0M
Deferred Long Term Liab698K1.5M3.8M7.9M9.1M9.6M
Capital Stock264.4M266.1M268.2M247.5M284.6M213.9M
Capital Lease Obligations3.8M4.0M3.1M2.1M1.9M2.6M
Inventory1.3M1.02.8M6.4M7.4M7.8M

Pair Trading with Docebo

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 Docebo 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 Docebo will appreciate offsetting losses from the drop in the long position's value.

Moving against Docebo Stock

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The ability to find closely correlated positions to Docebo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Docebo 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 Docebo - 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 Docebo Inc to buy it.
The correlation of Docebo 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 Docebo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Docebo Inc 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 Docebo 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
When determining whether Docebo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Docebo'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 Docebo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Docebo Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Docebo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Application Software 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 Docebo. If investors know Docebo 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 Docebo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.333
Earnings Share
0.57
Revenue Per Share
6.843
Quarterly Revenue Growth
0.192
Return On Assets
0.0613
The market value of Docebo Inc is measured differently than its book value, which is the value of Docebo that is recorded on the company's balance sheet. Investors also form their own opinion of Docebo's value that differs from its market value or its book value, called intrinsic value, which is Docebo'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 Docebo's market value can be influenced by many factors that don't directly affect Docebo'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 Docebo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Docebo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Docebo'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.