Dynamic Tax Provision vs Depreciation And Amortization Analysis

DDB Stock

0.20 0.04 16.67%

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 Tax Provision and its Depreciation And Amortization 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.

Tax Provision vs Depreciation And Amortization

Tax Provision vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dynamic Drill And Tax Provision account and Depreciation And Amortization. At this time, the significance of the direction appears to have pay attention.

The correlation between Dynamic Drill's Tax Provision and Depreciation And Amortization is -0.75. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Depreciation And Amortization 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 Tax Provision and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Dynamic Drill And are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Tax Provision i.e., Dynamic Drill's Tax Provision and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.75

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

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.

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 2025, despite the fact that Tax Provision is likely to grow to (3.6 M).

	2022	2023	2024	2025 (projected)
Gross Profit	11.0M	5.1M	5.8M	5.6M
Total Revenue	102.9M	76.1M	87.5M	45.0M

Gross Profit Total Revenue

Dynamic Drill fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Cash	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Other Current Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Short Term Investments	Non Current Liabilities Total	Inventory
Total Assets		0.96	1.0	0.21	0.62	0.95	0.62	0.98	0.92	0.9	0.95	0.95	0.4	0.98	0.98	0.99	0.82	0.98	0.96	0.93	0.86	0.97	0.92	0.61	0.83	0.97
Total Current Liabilities	0.96		0.97	-0.05	0.4	0.93	0.4	0.99	0.91	0.97	0.87	0.86	0.28	0.99	0.99	0.97	0.85	0.98	0.93	0.98	0.77	0.91	0.96	0.61	0.65	0.94
Total Stockholder Equity	1.0	0.97		0.16	0.6	0.96	0.6	0.98	0.92	0.91	0.93	0.94	0.38	0.99	0.99	0.99	0.81	0.99	0.96	0.94	0.84	0.96	0.93	0.59	0.79	0.97
Retained Earnings	0.21	-0.05	0.16		0.84	0.13	0.84	0.03	0.1	-0.17	0.37	0.38	0.56	0.05	0.03	0.13	-0.08	0.05	0.18	-0.11	0.36	0.28	-0.11	0.14	0.7	0.2
Cash	0.62	0.4	0.6	0.84		0.61	1.0	0.46	0.49	0.26	0.7	0.74	0.69	0.51	0.48	0.56	0.25	0.53	0.58	0.33	0.59	0.65	0.34	0.39	0.87	0.6
Other Assets	0.95	0.93	0.96	0.13	0.61		0.61	0.94	0.85	0.88	0.87	0.9	0.51	0.96	0.95	0.96	0.74	0.97	0.91	0.91	0.72	0.9	0.9	0.68	0.72	0.9
Cash And Short Term Investments	0.62	0.4	0.6	0.84	1.0	0.61		0.46	0.49	0.26	0.7	0.74	0.69	0.51	0.48	0.56	0.25	0.53	0.58	0.33	0.59	0.65	0.34	0.39	0.87	0.6
Net Receivables	0.98	0.99	0.98	0.03	0.46	0.94	0.46		0.9	0.96	0.89	0.89	0.34	0.99	1.0	0.99	0.9	0.99	0.94	0.99	0.84	0.93	0.98	0.61	0.72	0.94
Common Stock Shares Outstanding	0.92	0.91	0.92	0.1	0.49	0.85	0.49	0.9		0.85	0.95	0.94	0.23	0.92	0.91	0.9	0.75	0.9	0.99	0.87	0.83	0.97	0.85	0.51	0.67	0.98
Other Current Assets	0.9	0.97	0.91	-0.17	0.26	0.88	0.26	0.96	0.85		0.8	0.78	0.3	0.94	0.96	0.94	0.89	0.93	0.87	0.99	0.74	0.84	0.96	0.68	0.56	0.86
Total Liab	0.95	0.87	0.93	0.37	0.7	0.87	0.7	0.89	0.95	0.8		0.99	0.43	0.9	0.9	0.92	0.74	0.89	0.98	0.83	0.9	0.99	0.81	0.59	0.86	0.98
Total Current Assets	0.95	0.86	0.94	0.38	0.74	0.9	0.74	0.89	0.94	0.78	0.99		0.47	0.91	0.9	0.93	0.72	0.9	0.98	0.83	0.88	0.99	0.81	0.59	0.85	0.97
Intangible Assets	0.4	0.28	0.38	0.56	0.69	0.51	0.69	0.34	0.23	0.3	0.43	0.47		0.32	0.33	0.44	0.28	0.35	0.35	0.31	0.35	0.37	0.28	0.64	0.56	0.31
Common Stock	0.98	0.99	0.99	0.05	0.51	0.96	0.51	0.99	0.92	0.94	0.9	0.91	0.32		1.0	0.98	0.83	1.0	0.95	0.96	0.81	0.94	0.95	0.58	0.72	0.96
Property Plant Equipment	0.98	0.99	0.99	0.03	0.48	0.95	0.48	1.0	0.91	0.96	0.9	0.9	0.33	1.0		0.99	0.86	0.99	0.94	0.98	0.82	0.94	0.96	0.61	0.72	0.95
Short Long Term Debt Total	0.99	0.97	0.99	0.13	0.56	0.96	0.56	0.99	0.9	0.94	0.92	0.93	0.44	0.98	0.99		0.87	0.98	0.95	0.97	0.85	0.95	0.95	0.67	0.78	0.95
Other Current Liab	0.82	0.85	0.81	-0.08	0.25	0.74	0.25	0.9	0.75	0.89	0.74	0.72	0.28	0.83	0.86	0.87		0.83	0.79	0.91	0.87	0.77	0.95	0.48	0.6	0.77
Net Tangible Assets	0.98	0.98	0.99	0.05	0.53	0.97	0.53	0.99	0.9	0.93	0.89	0.9	0.35	1.0	0.99	0.98	0.83		0.94	0.96	0.8	0.93	0.95	0.59	0.72	0.95
Property Plant And Equipment Net	0.96	0.93	0.96	0.18	0.58	0.91	0.58	0.94	0.99	0.87	0.98	0.98	0.35	0.95	0.94	0.95	0.79	0.94		0.9	0.87	0.99	0.89	0.59	0.75	0.99
Net Debt	0.93	0.98	0.94	-0.11	0.33	0.91	0.33	0.99	0.87	0.99	0.83	0.83	0.31	0.96	0.98	0.97	0.91	0.96	0.9		0.78	0.88	0.98	0.66	0.61	0.89
Accounts Payable	0.86	0.77	0.84	0.36	0.59	0.72	0.59	0.84	0.83	0.74	0.9	0.88	0.35	0.81	0.82	0.85	0.87	0.8	0.87	0.78		0.89	0.82	0.39	0.85	0.86
Non Current Assets Total	0.97	0.91	0.96	0.28	0.65	0.9	0.65	0.93	0.97	0.84	0.99	0.99	0.37	0.94	0.94	0.95	0.77	0.93	0.99	0.88	0.89		0.86	0.57	0.82	0.99
Non Currrent Assets Other	0.92	0.96	0.93	-0.11	0.34	0.9	0.34	0.98	0.85	0.96	0.81	0.81	0.28	0.95	0.96	0.95	0.95	0.95	0.89	0.98	0.82	0.86		0.54	0.61	0.87
Short Term Investments	0.61	0.61	0.59	0.14	0.39	0.68	0.39	0.61	0.51	0.68	0.59	0.59	0.64	0.58	0.61	0.67	0.48	0.59	0.59	0.66	0.39	0.57	0.54		0.49	0.55
Non Current Liabilities Total	0.83	0.65	0.79	0.7	0.87	0.72	0.87	0.72	0.67	0.56	0.86	0.85	0.56	0.72	0.72	0.78	0.6	0.72	0.75	0.61	0.85	0.82	0.61	0.49		0.78
Inventory	0.97	0.94	0.97	0.2	0.6	0.9	0.6	0.94	0.98	0.86	0.98	0.97	0.31	0.96	0.95	0.95	0.77	0.95	0.99	0.89	0.86	0.99	0.87	0.55	0.78

Click cells to compare fundamentals

Dynamic Drill Account Relationship Matchups

Dynamic Drill fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	26.7M	80.1M	105.9M	79.5M	91.5M	96.0M
Total Current Liabilities	6.1M	25.5M	28.9M	34.3M	39.4M	41.4M
Total Stockholder Equity	13.8M	36.6M	47.4M	39.3M	45.2M	47.4M
Retained Earnings	2.1M	4.2M	6.2M	(2.4M)	(2.8M)	(2.6M)
Cash	8.8M	9.5M	12.1M	1.8M	2.1M	2.0M
Other Assets	265.7K	960.6K	957.3K	1.2M	1.4M	1.5M
Long Term Debt	5.2M	11.8M	22.5M	2.0M	2.3M	2.2M
Cash And Short Term Investments	8.8M	9.5M	12.1M	1.8M	2.1M	2.0M
Net Receivables	4.1M	11.7M	19.4M	18.0M	20.7M	21.7M
Common Stock Shares Outstanding	60.8M	120.8M	129.2M	138.4M	159.1M	92.1M
Long Term Debt Total	3.5M	5.6M	12.1M	22.7M	26.1M	27.4M
Liabilities And Stockholders Equity	26.7M	80.1M	105.9M	79.5M	91.5M	96.0M
Other Current Assets	17.0K	738.3K	1.3M	1.8M	2.0M	2.1M
Total Liab	12.9M	43.4M	58.5M	40.3M	46.3M	24.4M
Total Current Assets	14.5M	29.6M	40.2M	28.3M	32.6M	17.4M
Short Term Debt	3.5M	7.3M	9.9M	23.6M	27.2M	28.5M
Common Stock	11.6M	32.1M	40.6M	41.0M	47.1M	49.5M
Property Plant Equipment	5.6M	11.2M	36.7M	50.2M	57.7M	60.6M
Short Long Term Debt Total	9.1M	19.4M	32.6M	26.5M	30.5M	32.0M
Other Current Liab	26.1K	453.2K	6.0M	4.3M	5.0M	5.2M
Net Tangible Assets	520.9K	13.8M	23.9M	33.1M	38.1M	40.0M
Property Plant And Equipment Net	11.2M	36.7M	50.2M	47.1M	54.2M	27.8M
Net Debt	316.2K	9.9M	20.5M	24.7M	28.4M	29.8M
Accounts Payable	1.5M	4.1M	9.2M	5.0M	5.8M	4.5M
Non Current Assets Total	12.2M	50.4M	65.7M	51.2M	58.9M	34.1M
Non Currrent Assets Other	11.1K	21.5K	107.7K	108.1K	124.3K	130.5K
Non Current Liabilities Total	6.8M	17.9M	29.6M	6.0M	6.9M	11.9M
Inventory	1.3M	6.6M	7.4M	6.7M	7.7M	4.9M

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