Dime Good Will vs Total Assets Analysis

DCOM Stock  USD 35.00  0.31  0.89%   
Dime Community financial indicator trend analysis is much more than just examining Dime Community Bancshares latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dime Community Bancshares is a good investment. Please check the relationship between Dime Community Good Will and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dime Community Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Good Will vs Total Assets

Good Will vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dime Community Bancshares Good Will account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dime Community's Good Will and Total Assets is 0.93. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Assets in the same time period over historical financial statements of Dime Community Bancshares, assuming nothing else is changed. The correlation between historical values of Dime Community's Good Will and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Dime Community Bancshares are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Good Will i.e., Dime Community's Good Will and Total Assets go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Assets

Total assets refers to the total amount of Dime Community assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Dime Community Bancshares books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Dime Community's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dime Community Bancshares 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 Dime Community Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Dime Community's Selling General Administrative is very stable compared to the past year. Issuance Of Capital Stock is expected to grow at the current pace this year, while Tax Provision is likely to drop about 39 M.
 2021 2022 2023 2024 (projected)
Interest Expense27.0M59.4M292.8M307.4M
Depreciation And Amortization9.1M9.3M7.5M4.0M

Dime Community fundamental ratios Correlations

0.240.20.990.890.050.870.530.60.110.85-0.120.45-0.530.890.910.930.660.330.930.020.590.990.970.780.93
0.240.410.21-0.030.920.57-0.26-0.120.17-0.12-0.170.430.1-0.010.290.04-0.420.520.040.35-0.140.160.390.15-0.02
0.20.410.2-0.020.430.35-0.03-0.510.42-0.120.010.830.470.150.360.2-0.260.830.210.62-0.240.220.390.320.22
0.990.210.20.880.050.880.480.620.150.85-0.050.43-0.510.920.930.920.670.320.930.020.630.990.960.760.93
0.89-0.03-0.020.88-0.260.630.680.730.020.93-0.260.14-0.510.820.70.960.80.150.86-0.070.660.90.790.70.93
0.050.920.430.05-0.260.47-0.59-0.240.3-0.380.040.380.27-0.080.21-0.18-0.580.54-0.10.4-0.21-0.010.210.05-0.2
0.870.570.350.880.630.470.160.410.240.58-0.090.58-0.370.730.880.70.310.440.720.240.360.850.920.620.68
0.53-0.26-0.030.480.68-0.590.160.32-0.380.78-0.490.17-0.50.320.230.680.66-0.120.5-0.110.190.540.460.390.63
0.6-0.12-0.510.620.73-0.240.410.320.060.74-0.06-0.39-0.460.590.480.550.62-0.20.49-0.540.680.580.420.240.54
0.110.170.420.150.020.30.24-0.380.06-0.170.320.110.560.230.370.01-0.340.60.04-0.110.170.110.19-0.050.09
0.85-0.12-0.120.850.93-0.380.580.780.74-0.17-0.260.15-0.640.740.640.890.87-0.080.79-0.140.590.860.730.560.86
-0.12-0.170.01-0.05-0.260.04-0.09-0.49-0.060.32-0.26-0.020.140.260.23-0.230.040.080.08-0.310.44-0.06-0.140.06-0.03
0.450.430.830.430.140.380.580.17-0.390.110.15-0.02-0.070.320.540.380.010.560.430.59-0.170.460.610.50.39
-0.530.10.47-0.51-0.510.27-0.37-0.5-0.460.56-0.640.14-0.07-0.42-0.34-0.49-0.660.51-0.510.19-0.34-0.53-0.43-0.42-0.46
0.89-0.010.150.920.82-0.080.730.320.590.230.740.260.32-0.420.910.850.750.30.95-0.040.80.920.820.80.92
0.910.290.360.930.70.210.880.230.480.370.640.230.54-0.340.910.770.50.490.87-0.010.60.920.920.740.84
0.930.040.20.920.96-0.180.70.680.550.010.89-0.230.38-0.490.850.770.780.280.930.120.590.940.870.820.97
0.66-0.42-0.260.670.8-0.580.310.660.62-0.340.870.040.01-0.660.750.50.78-0.240.78-0.150.70.710.490.620.79
0.330.520.830.320.150.540.44-0.12-0.20.6-0.080.080.560.510.30.490.28-0.240.330.340.040.310.480.460.33
0.930.040.210.930.86-0.10.720.50.490.040.790.080.43-0.510.950.870.930.780.330.060.70.950.880.920.97
0.020.350.620.02-0.070.40.24-0.11-0.54-0.11-0.14-0.310.590.19-0.04-0.010.12-0.150.340.06-0.340.040.150.210.0
0.59-0.14-0.240.630.66-0.210.360.190.680.170.590.44-0.17-0.340.80.60.590.70.040.7-0.340.620.450.540.67
0.990.160.220.990.9-0.010.850.540.580.110.86-0.060.46-0.530.920.920.940.710.310.950.040.620.960.810.96
0.970.390.390.960.790.210.920.460.420.190.73-0.140.61-0.430.820.920.870.490.480.880.150.450.960.790.88
0.780.150.320.760.70.050.620.390.24-0.050.560.060.5-0.420.80.740.820.620.460.920.210.540.810.790.86
0.93-0.020.220.930.93-0.20.680.630.540.090.86-0.030.39-0.460.920.840.970.790.330.970.00.670.960.880.86
Click cells to compare fundamentals

Dime Community Account Relationship Matchups

Dime Community fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.4B6.4B12.1B13.2B13.6B14.3B
Short Long Term Debt Total1.4B340.8M290.1M1.4B1.6B846.5M
Total Current Liabilities46.0M46.7M1.9M1.4M6.0B6.3B
Total Stockholder Equity596.8M517.8M1.2B1.2B1.2B1.3B
Property Plant And Equipment Net59.6M78.9M114.6M104.6M97.6M102.5M
Net Debt1.2B(536.1M)(103.7M)1.2B1.1B713.7M
Retained Earnings581.8M172.1M654.7M762.8M813.0M853.7M
Cash155.5M876.8M393.7M169.3M457.5M480.4M
Non Current Assets Total672.1M724.3M2.0B1.8B258.5M454.1M
Non Currrent Assets Other(672.1M)(724.3M)(20.4M)(95.8M)(258.5M)(271.4M)
Cash And Short Term Investments706.5M1.3B2.0B1.1B1.3B1.4B
Common Stock Shares Outstanding19.6M21.5M38.9M38.5M38.2M29.0M
Liabilities And Stockholders Equity6.4B6.4B12.1B13.2B13.6B14.3B
Non Current Liabilities Total1.4B340.8M288.2M1.4M12.4B13.0B
Other Current Assets139.1M278.4M434.4M223.3M514.1M488.4M
Other Stockholder Equity20.3M(10.5M)427.1M392.3M387.8M407.2M
Total Liab1.4B340.8M10.9B12.0B12.4B13.0B
Property Plant And Equipment Gross59.6M78.9M114.6M104.6M138.9M145.9M
Total Current Assets706.5M1.3B2.0B1.2B1.4B1.5B
Short Term Debt46.0M46.7M68.0M1.1B1.3B1.3B
Other Current Liab1.4B5.6B(68.0M)(1.1B)4.7B5.0B
Other Liab38.3M40.1M84.0M82.6M74.3M40.1M
Accounts Payable4.3B4.5B10.5B10.3B11.8B12.4B
Other Assets5.0B4.4B8.0B10.2B12.0B12.6B
Long Term Debt223.9M294.1M222.1M1.3B1.5B1.6B
Short Term Investments551.0M450.4M1.6B950.6M886.2M930.6M
Inventory(150.0M)(278.4M)(434.4M)(223.3M)(514.1M)(488.4M)
Intangible Assets3.7M3.4M8.4M6.5M5.1M4.8M
Property Plant Equipment22.2M53.0M114.6M104.6M120.3M126.3M
Accumulated Other Comprehensive Income(5.9M)(10.1M)(6.2M)(90.2M)(91.6M)(87.0M)
Net Tangible Assets541.1M528.9M911.9M890.7M1.0B580.8M
Long Term Investments5.9B536.1M1.7B1.5B1.5B2.9B

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When determining whether Dime Community Bancshares is a strong investment it is important to analyze Dime Community's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dime Community's future performance. For an informed investment choice regarding Dime Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dime Community Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Regional Banks 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 Dime Community. If investors know Dime 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 Dime Community 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
(0.14)
Dividend Share
1
Earnings Share
1.5
Revenue Per Share
8.193
Quarterly Revenue Growth
(0.08)
The market value of Dime Community Bancshares is measured differently than its book value, which is the value of Dime that is recorded on the company's balance sheet. Investors also form their own opinion of Dime Community's value that differs from its market value or its book value, called intrinsic value, which is Dime Community'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 Dime Community's market value can be influenced by many factors that don't directly affect Dime Community'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 Dime Community's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dime Community is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dime Community'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.