Dynamic Gross Profit vs Net Income From Continuing Ops 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 Gross Profit and its Net Income From Continuing Ops 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.
Gross Profit vs Net Income From Continuing Ops
Gross Profit vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dynamic Drill And Gross Profit account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Dynamic Drill's Gross Profit and Net Income From Continuing Ops is -0.16. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income From Continuing Ops 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 Gross Profit and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Dynamic Drill And are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Gross Profit i.e., Dynamic Drill's Gross Profit and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Dynamic Drill And minus its cost of goods sold. It is profit before Dynamic Drill operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Net Income From Continuing Ops
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 Profit | 10.8M | 11.0M | 5.1M | 5.6M | Total Revenue | 73.0M | 102.9M | 76.1M | 45.0M |
Dynamic Drill fundamental ratios Correlations
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Dynamic Drill Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
Dynamic Drill fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 11.5M | 26.7M | 80.1M | 105.9M | 79.5M | 43.2M | |
Total Current Liabilities | 7.5M | 6.1M | 25.5M | 28.9M | 34.3M | 36.0M | |
Total Stockholder Equity | 520.9K | 13.8M | 36.6M | 47.4M | 39.3M | 41.2M | |
Retained Earnings | 478.6K | 2.1M | 4.2M | 6.2M | (2.4M) | (2.3M) | |
Cash | 870.0K | 8.8M | 9.5M | 12.1M | 1.8M | 1.8M | |
Other Assets | 265.7K | 960.6K | 957.3K | 1.2M | 1.4M | 1.5M | |
Long Term Debt | 2.9M | 5.2M | 11.8M | 22.5M | 2.0M | 1.9M | |
Cash And Short Term Investments | 870.0K | 8.8M | 9.5M | 12.1M | 1.8M | 1.8M | |
Net Receivables | 3.9M | 4.1M | 11.7M | 19.4M | 18.0M | 18.9M | |
Long Term Debt Total | 3.5M | 5.6M | 12.1M | 22.7M | 26.1M | 27.4M | |
Liabilities And Stockholders Equity | 11.5M | 26.7M | 80.1M | 105.9M | 79.5M | 43.2M | |
Other Current Assets | 725.8K | 17.0K | 738.3K | 1.3M | 1.8M | 1.8M | |
Total Liab | 11.0M | 12.9M | 43.4M | 58.5M | 40.3M | 24.4M | |
Total Current Assets | 5.7M | 14.5M | 29.6M | 40.2M | 28.3M | 17.4M | |
Short Term Debt | 3.7M | 3.5M | 7.3M | 9.9M | 23.6M | 24.8M | |
Common Stock | 42.3K | 11.6M | 32.1M | 40.6M | 41.0M | 43.0M | |
Property Plant Equipment | 5.6M | 11.2M | 36.7M | 50.2M | 57.7M | 60.6M | |
Short Long Term Debt Total | 7.2M | 9.1M | 19.4M | 32.6M | 26.5M | 15.2M | |
Other Current Liab | 1.7M | 26.1K | 453.2K | 6.0M | 4.3M | 2.5M | |
Net Tangible Assets | 520.9K | 13.8M | 23.9M | 33.1M | 38.1M | 40.0M | |
Property Plant And Equipment Net | 5.6M | 11.2M | 36.7M | 50.2M | 47.1M | 27.8M | |
Net Debt | 6.4M | 316.2K | 9.9M | 20.5M | 24.7M | 25.9M | |
Accounts Payable | 2.1M | 1.5M | 4.1M | 9.2M | 5.0M | 4.5M | |
Non Current Assets Total | 5.8M | 12.2M | 50.4M | 65.7M | 51.2M | 34.1M | |
Non Currrent Assets Other | 3.0K | 11.1K | 21.5K | 107.7K | 108.1K | 113.5K | |
Non Current Liabilities Total | 3.5M | 6.8M | 17.9M | 29.6M | 6.0M | 11.9M |
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When running Dynamic Drill's price analysis, check to measure Dynamic Drill's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dynamic Drill is operating at the current time. Most of Dynamic Drill's value examination focuses on studying past and present price action to predict the probability of Dynamic Drill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dynamic Drill's price. Additionally, you may evaluate how the addition of Dynamic Drill to your portfolios can decrease your overall portfolio volatility.