Donegal Capital Expenditures vs Dividends Paid Analysis

DGICB Stock  USD 14.51  0.01  0.07%   
Donegal Group financial indicator trend analysis is much more than just examining Donegal Group B latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Donegal Group B is a good investment. Please check the relationship between Donegal Group Capital Expenditures and its Dividends Paid accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Donegal Group B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Capital Expenditures vs Dividends Paid

Capital Expenditures vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Donegal Group B Capital Expenditures account and Dividends Paid. At this time, the significance of the direction appears to have very week relationship.
The correlation between Donegal Group's Capital Expenditures and Dividends Paid is 0.21. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Donegal Group B, assuming nothing else is changed. The correlation between historical values of Donegal Group's Capital Expenditures and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Donegal Group B are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Capital Expenditures i.e., Donegal Group's Capital Expenditures and Dividends Paid go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Capital Expenditures

Capital Expenditures are funds used by Donegal Group B to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Donegal Group operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Donegal Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Donegal Group B 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 Donegal Group B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
The current year's Selling General Administrative is expected to grow to about 10.8 M. The current year's Tax Provision is expected to grow to about 2.9 M
 2021 2022 2023 2024 (projected)
Gross Profit816.5M454.0927.3M973.7M
Total Revenue816.5M454.0927.3M973.7M

Donegal Group fundamental ratios Correlations

0.760.680.220.810.990.650.13-0.250.0-0.3-0.25-0.320.950.24-0.170.32-0.29-0.090.520.51-0.760.27-0.03-0.76-0.14
0.760.98-0.110.960.690.390.360.090.28-0.110.09-0.060.660.510.130.550.080.030.590.71-0.850.60.29-0.85-0.01
0.680.98-0.290.920.60.350.490.270.450.050.280.10.580.640.30.660.260.080.530.73-0.880.660.41-0.88-0.01
0.22-0.11-0.29-0.080.240.07-0.66-0.96-0.8-0.61-0.94-0.880.25-0.77-0.99-0.5-0.96-0.110.17-0.060.22-0.17-0.70.22-0.03
0.810.960.92-0.080.770.520.330.060.25-0.050.06-0.080.720.520.10.50.050.060.460.64-0.880.490.19-0.88-0.03
0.990.690.60.240.770.690.04-0.28-0.04-0.29-0.27-0.30.940.22-0.20.23-0.32-0.050.420.43-0.720.17-0.08-0.71-0.15
0.650.390.350.070.520.690.26-0.090.170.07-0.11-0.10.60.28-0.040.39-0.11-0.010.230.29-0.560.08-0.48-0.56-0.1
0.130.360.49-0.660.330.040.260.660.70.540.560.380.10.640.680.810.66-0.090.220.46-0.450.480.35-0.45-0.1
-0.250.090.27-0.960.06-0.28-0.090.660.790.690.960.9-0.340.750.930.531.00.09-0.24-0.05-0.230.080.7-0.230.24
0.00.280.45-0.80.25-0.040.170.70.790.680.780.67-0.10.920.780.70.790.250.010.29-0.570.350.49-0.570.14
-0.3-0.110.05-0.61-0.05-0.290.070.540.690.680.660.71-0.390.640.560.420.690.36-0.56-0.06-0.210.030.21-0.210.22
-0.250.090.28-0.940.06-0.27-0.110.560.960.780.660.89-0.320.750.880.510.960.22-0.22-0.04-0.240.090.68-0.250.17
-0.32-0.060.1-0.88-0.08-0.3-0.10.380.90.670.710.89-0.410.680.840.310.890.22-0.45-0.24-0.1-0.140.59-0.10.25
0.950.660.580.250.720.940.60.1-0.34-0.1-0.39-0.32-0.410.12-0.190.21-0.37-0.020.520.59-0.620.35-0.08-0.61-0.44
0.240.510.64-0.770.520.220.280.640.750.920.640.750.680.120.750.680.740.3-0.010.35-0.740.340.55-0.740.11
-0.170.130.3-0.990.1-0.2-0.040.680.930.780.560.880.84-0.190.750.480.920.06-0.140.11-0.210.210.69-0.22-0.04
0.320.550.66-0.50.50.230.390.810.530.70.420.510.310.210.680.480.520.090.490.48-0.660.450.27-0.660.06
-0.290.080.26-0.960.05-0.32-0.110.661.00.790.690.960.89-0.370.740.920.520.08-0.24-0.04-0.210.110.69-0.210.24
-0.090.030.08-0.110.06-0.05-0.01-0.090.090.250.360.220.22-0.020.30.060.090.08-0.20.24-0.180.190.0-0.18-0.29
0.520.590.530.170.460.420.230.22-0.240.01-0.56-0.22-0.450.52-0.01-0.140.49-0.24-0.20.59-0.370.50.0-0.37-0.22
0.510.710.73-0.060.640.430.290.46-0.050.29-0.06-0.04-0.240.590.350.110.48-0.040.240.59-0.60.950.08-0.6-0.54
-0.76-0.85-0.880.22-0.88-0.72-0.56-0.45-0.23-0.57-0.21-0.24-0.1-0.62-0.74-0.21-0.66-0.21-0.18-0.37-0.6-0.47-0.241.0-0.11
0.270.60.66-0.170.490.170.080.480.080.350.030.09-0.140.350.340.210.450.110.190.50.95-0.470.18-0.48-0.44
-0.030.290.41-0.70.19-0.08-0.480.350.70.490.210.680.59-0.080.550.690.270.690.00.00.08-0.240.18-0.250.14
-0.76-0.85-0.880.22-0.88-0.71-0.56-0.45-0.23-0.57-0.21-0.25-0.1-0.61-0.74-0.22-0.66-0.21-0.18-0.37-0.61.0-0.48-0.25-0.11
-0.14-0.01-0.01-0.03-0.03-0.15-0.1-0.10.240.140.220.170.25-0.440.11-0.040.060.24-0.29-0.22-0.54-0.11-0.440.14-0.11
Click cells to compare fundamentals

Donegal Group Account Relationship Matchups

Donegal Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.2B2.3B2.2B2.3B2.4B
Total Stockholder Equity451.0M517.8M531.0M483.6M479.7M272.1M
Retained Earnings223.3M258.4M263.7M240.6M217.8M138.6M
Other Assets(359.6M)(329.3M)(276.6M)882.6M591.3M620.8M
Common Stock Shares Outstanding28.2M28.9M30.6M31.4M33.1M22.7M
Liabilities And Stockholders Equity1.9B2.2B2.3B2.2B2.3B2.4B
Other Stockholder Equity226.9M247.9M263.7M284.4M294.5M309.2M
Total Liab1.5B1.6B38.9M1.8B1.8B1.9B
Short Long Term Debt Total123M90M75M35M40.3M49.3M
Total Current Liabilities37.1M88.2M38.9M43.5M703.0M667.9M
Property Plant And Equipment Net4.6M4.4M3.0M2.8M2.6M5.0M
Net Debt(9.3M)(13.1M)(22.7M)9.9M11.2M20.9M
Non Current Assets Total1.1B1.2B1.3B30.9M1.4B1.3B
Non Currrent Assets Other(8.5B)(5.7B)(6.7B)(1.3B)113.9M108.2M
Net Receivables532.8M578.5M642.4M630.4M632.5M664.2M
Property Plant And Equipment Gross7.3M4.7M4.6M4.4M5.0M5.2M
Total Current Assets1.2B1.3B1.2B1.3B311.5M296.0M
Short Term Debt59M60M35M85M40.3M43.4M
Other Current Liab(37.1M)(3.1B)(5.3B)670.7M(7.4B)(7.1B)
Accounts Payable2.1M3.2M3.9M3.5M8.8M6.0M
Cash49.3M103.1M57.7M25.1M23.8M22.1M
Cash And Short Term Investments628.3M679.1M603.0M606.2M360.5M290.7M
Common Stock Total Equity318.5K333.0K344.1K357.7K321.9K305.8K
Short Term Investments579.0M576.0M545.3M581.1M86.7M82.4M
Accumulated Other Comprehensive Income504K11.1M3.3M(41.7M)(32.9M)(31.2M)
Common Stock318K333K344K357K364.1K345.9K
Other Current Assets265.4M377.9M321.6M312.8M311.5M296.0M
Inventory(265.4M)(377.9M)(321.6M)(219.6M)(497.5B)(472.7B)
Property Plant Equipment4.6M4.4M3.0M2.8M2.5M3.9M
Other Liab17.6M317.8M16.4M13.0M15.0M14.2M
Net Tangible Assets444.4M511.2M531.0M477.0M429.3M379.5M
Long Term Investments1.1B1.2B1.3B1.3B1.3B1.3B
Short Long Term Debt59M60M35M85M31.5M40.3M
Long Term Debt Total64M30M40M5M4.5M4.3M
Capital Surpluse268.2M289.1M304.9M325.6M374.4M297.1M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Donegal Group B offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Donegal Group'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 Donegal Group B Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Donegal Group B Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Donegal Group B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Insurance 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 Donegal Group. If investors know Donegal 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 Donegal Group 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
1.057
Dividend Share
0.685
Earnings Share
0.75
Revenue Per Share
29.304
Quarterly Revenue Growth
0.076
The market value of Donegal Group B is measured differently than its book value, which is the value of Donegal that is recorded on the company's balance sheet. Investors also form their own opinion of Donegal Group's value that differs from its market value or its book value, called intrinsic value, which is Donegal Group'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 Donegal Group's market value can be influenced by many factors that don't directly affect Donegal Group'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 Donegal Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Donegal Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Donegal Group'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.