Dynamic Depreciation And Amortization vs Ebitda Analysis

DDB Stock   0.28  0.00  0.00%   
Dynamic Drill financial indicator trend analysis is much more than just examining Dynamic Drill And latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dynamic Drill And is a good investment. Please check the relationship between Dynamic Drill Depreciation And Amortization and its Ebitda accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynamic Drill And. 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.

Depreciation And Amortization vs Ebitda

Depreciation And Amortization vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dynamic Drill And Depreciation And Amortization account and Ebitda. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Dynamic Drill's Depreciation And Amortization and Ebitda is 0.84. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Ebitda in the same time period over historical financial statements of Dynamic Drill And, assuming nothing else is changed. The correlation between historical values of Dynamic Drill's Depreciation And Amortization and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Dynamic Drill And are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Depreciation And Amortization i.e., Dynamic Drill's Depreciation And Amortization and Ebitda go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Ebitda

Most indicators from Dynamic Drill's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dynamic Drill And 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 Dynamic Drill And. 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, Dynamic Drill's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 5.9 M in 2024, despite the fact that Tax Provision is likely to grow to (4 M).
 2021 2022 2023 2024 (projected)
Gross Profit10.8M11.0M5.1M5.6M
Total Revenue73.0M102.9M76.1M45.0M

Dynamic Drill fundamental ratios Correlations

0.880.950.570.780.860.780.910.970.781.01.00.450.920.880.980.720.880.990.830.880.990.810.550.90.98
0.880.970.190.50.930.50.980.920.960.880.870.270.991.00.90.690.980.930.980.770.920.940.610.740.95
0.950.970.40.690.950.690.980.940.880.940.950.370.990.970.950.690.980.970.920.830.970.910.570.860.98
0.570.190.40.890.280.890.270.390.050.60.610.640.290.20.50.240.220.440.110.530.510.110.230.770.44
0.780.50.690.890.651.00.550.630.340.780.820.70.610.520.730.350.560.690.410.630.730.420.390.870.69
0.860.930.950.280.650.650.930.850.870.840.880.480.950.950.90.590.970.90.910.680.880.880.670.740.89
0.780.50.690.891.00.650.550.630.340.780.820.70.610.520.730.350.560.690.410.630.730.420.390.870.69
0.910.980.980.270.550.930.550.920.950.90.90.330.990.990.940.780.980.950.980.850.940.970.610.80.95
0.970.920.940.390.630.850.630.920.830.960.950.290.930.910.960.730.90.990.860.830.980.840.50.790.99
0.780.960.880.050.340.870.340.950.830.790.760.290.910.950.840.750.920.860.990.720.830.940.70.630.85
1.00.880.940.60.780.840.780.90.960.790.990.470.910.880.980.740.870.980.830.890.990.80.570.920.97
1.00.870.950.610.820.880.820.90.950.760.990.510.920.880.980.70.880.980.820.870.990.80.570.920.97
0.450.270.370.640.70.480.70.330.290.290.470.510.310.280.50.310.30.390.30.360.40.260.610.540.33
0.920.990.990.290.610.950.610.990.930.910.910.920.310.990.930.680.990.960.950.80.950.930.570.80.97
0.881.00.970.20.520.950.520.990.910.950.880.880.280.990.910.710.990.940.980.780.920.960.60.750.94
0.980.90.950.50.730.90.730.940.960.840.980.980.50.930.910.790.910.990.880.880.980.860.640.880.96
0.720.690.690.240.350.590.350.780.730.750.740.70.310.680.710.790.670.750.770.90.730.840.380.650.7
0.880.980.980.220.560.970.560.980.90.920.870.880.30.990.990.910.670.930.960.760.910.950.580.750.94
0.990.930.970.440.690.90.690.950.990.860.980.980.390.960.940.990.750.930.90.860.990.880.580.850.99
0.830.980.920.110.410.910.410.980.860.990.830.820.30.950.980.880.770.960.90.770.870.970.670.70.89
0.880.770.830.530.630.680.630.850.830.720.890.870.360.80.780.880.90.760.860.770.880.820.350.890.85
0.990.920.970.510.730.880.730.940.980.830.990.990.40.950.920.980.730.910.990.870.880.850.560.90.99
0.810.940.910.110.420.880.420.970.840.940.80.80.260.930.960.860.840.950.880.970.820.850.520.690.86
0.550.610.570.230.390.670.390.610.50.70.570.570.610.570.60.640.380.580.580.670.350.560.520.490.53
0.90.740.860.770.870.740.870.80.790.630.920.920.540.80.750.880.650.750.850.70.890.90.690.490.86
0.980.950.980.440.690.890.690.950.990.850.970.970.330.970.940.960.70.940.990.890.850.990.860.530.86
Click cells to compare fundamentals

Dynamic Drill Account Relationship Matchups

Dynamic Drill fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.5M26.7M80.1M105.9M79.5M43.2M
Total Current Liabilities7.5M6.1M25.5M28.9M34.3M36.0M
Total Stockholder Equity520.9K13.8M36.6M47.4M39.3M41.2M
Retained Earnings478.6K2.1M4.2M6.2M(2.4M)(2.3M)
Cash870.0K8.8M9.5M12.1M1.8M1.8M
Other Assets265.7K960.6K957.3K1.2M1.4M1.5M
Long Term Debt2.9M5.2M11.8M22.5M2.0M1.9M
Cash And Short Term Investments870.0K8.8M9.5M12.1M1.8M1.8M
Net Receivables3.9M4.1M11.7M19.4M18.0M18.9M
Long Term Debt Total3.5M5.6M12.1M22.7M26.1M27.4M
Liabilities And Stockholders Equity11.5M26.7M80.1M105.9M79.5M43.2M
Other Current Assets725.8K17.0K738.3K1.3M1.8M1.8M
Total Liab11.0M12.9M43.4M58.5M40.3M24.4M
Total Current Assets5.7M14.5M29.6M40.2M28.3M17.4M
Short Term Debt3.7M3.5M7.3M9.9M23.6M24.8M
Common Stock42.3K11.6M32.1M40.6M41.0M43.0M
Property Plant Equipment5.6M11.2M36.7M50.2M57.7M60.6M
Short Long Term Debt Total7.2M9.1M19.4M32.6M26.5M15.2M
Other Current Liab1.7M26.1K453.2K6.0M4.3M2.5M
Net Tangible Assets520.9K13.8M23.9M33.1M38.1M40.0M
Property Plant And Equipment Net5.6M11.2M36.7M50.2M47.1M27.8M
Net Debt6.4M316.2K9.9M20.5M24.7M25.9M
Accounts Payable2.1M1.5M4.1M9.2M5.0M4.5M
Non Current Assets Total5.8M12.2M50.4M65.7M51.2M34.1M
Non Currrent Assets Other3.0K11.1K21.5K107.7K108.1K113.5K
Non Current Liabilities Total3.5M6.8M17.9M29.6M6.0M11.9M

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