Dorel Selling General Administrative vs Depreciation And Amortization Analysis

DII-B Stock  CAD 4.31  0.18  4.36%   
Dorel Industries financial indicator trend analysis is much more than just examining Dorel Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dorel Industries is a good investment. Please check the relationship between Dorel Industries Selling General Administrative and its Depreciation And Amortization accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorel Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Selling General Administrative vs Depreciation And Amortization

Selling General Administrative vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dorel Industries Selling General Administrative account and Depreciation And Amortization. At this time, the significance of the direction appears to have no relationship.
The correlation between Dorel Industries' Selling General Administrative and Depreciation And Amortization is 0.03. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Dorel Industries, assuming nothing else is changed. The correlation between historical values of Dorel Industries' Selling General Administrative 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 Selling General Administrative of Dorel Industries 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 Selling General Administrative i.e., Dorel Industries' Selling General Administrative and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Selling General Administrative

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 Dorel Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dorel Industries 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 Dorel Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At this time, Dorel Industries' Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 307.8 M in 2024, despite the fact that Tax Provision is likely to grow to (13.8 M).
 2021 2022 2023 2024 (projected)
Discontinued Operations80.2M254.9M293.1M307.8M
Reconciled Depreciation84.2M71.2M69.5M81.6M

Dorel Industries fundamental ratios Correlations

0.630.220.610.880.560.680.850.79-0.470.9-0.25-0.420.950.670.680.860.10.650.83-0.040.860.220.860.620.4
0.630.440.750.250.90.990.240.85-0.40.33-0.11-0.360.640.670.660.810.260.770.920.350.810.30.340.760.7
0.220.440.45-0.060.210.41-0.040.20.07-0.18-0.150.070.040.310.360.10.970.310.540.330.63-0.1-0.140.040.42
0.610.750.450.290.630.760.270.82-0.30.29-0.16-0.290.640.580.170.740.330.620.830.160.820.750.340.750.29
0.880.25-0.060.290.230.310.990.51-0.280.94-0.43-0.220.830.340.50.64-0.120.30.5-0.40.560.10.960.370.16
0.560.90.210.630.230.940.170.83-0.650.340.07-0.640.630.780.610.810.020.890.810.50.670.270.280.80.63
0.680.990.410.760.310.940.280.89-0.520.39-0.05-0.490.690.770.680.860.230.850.940.410.830.290.370.790.68
0.850.24-0.040.270.990.170.280.48-0.180.92-0.51-0.110.810.240.480.61-0.110.210.47-0.50.540.090.980.340.14
0.790.850.20.820.510.830.890.48-0.570.58-0.08-0.530.860.740.530.970.020.80.90.170.830.470.570.930.42
-0.47-0.40.07-0.3-0.28-0.65-0.52-0.18-0.57-0.44-0.490.99-0.51-0.86-0.43-0.590.21-0.84-0.46-0.58-0.38-0.08-0.22-0.57-0.15
0.90.33-0.180.290.940.340.390.920.58-0.44-0.21-0.370.880.460.560.71-0.260.420.52-0.240.540.120.940.450.18
-0.25-0.11-0.15-0.16-0.430.07-0.05-0.51-0.08-0.49-0.21-0.51-0.250.29-0.07-0.17-0.130.25-0.160.68-0.24-0.12-0.47-0.06-0.06
-0.42-0.360.07-0.29-0.22-0.64-0.49-0.11-0.530.99-0.37-0.51-0.46-0.86-0.37-0.550.2-0.83-0.42-0.61-0.35-0.1-0.15-0.56-0.15
0.950.640.040.640.830.630.690.810.86-0.510.88-0.25-0.460.630.560.91-0.10.630.79-0.110.780.370.860.750.35
0.670.670.310.580.340.780.770.240.74-0.860.460.29-0.860.630.60.740.170.960.760.660.730.160.270.650.42
0.680.660.360.170.50.610.680.480.53-0.430.56-0.07-0.370.560.60.590.240.630.680.290.64-0.420.470.350.7
0.860.810.10.740.640.810.860.610.97-0.590.71-0.17-0.550.910.740.59-0.080.790.880.110.80.420.70.890.41
0.10.260.970.33-0.120.020.23-0.110.020.21-0.26-0.130.2-0.10.170.24-0.080.150.380.30.5-0.15-0.23-0.140.35
0.650.770.310.620.30.890.850.210.8-0.840.420.25-0.830.630.960.630.790.150.810.650.740.190.260.750.46
0.830.920.540.830.50.810.940.470.9-0.460.52-0.16-0.420.790.760.680.880.380.810.280.960.320.510.750.61
-0.040.350.330.16-0.40.50.41-0.50.17-0.58-0.240.68-0.61-0.110.660.290.110.30.650.280.2-0.13-0.480.130.36
0.860.810.630.820.560.670.830.540.83-0.380.54-0.24-0.350.780.730.640.80.50.740.960.20.280.530.660.55
0.220.3-0.10.750.10.270.290.090.47-0.080.12-0.12-0.10.370.16-0.420.42-0.150.190.32-0.130.280.20.55-0.15
0.860.34-0.140.340.960.280.370.980.57-0.220.94-0.47-0.150.860.270.470.7-0.230.260.51-0.480.530.20.450.17
0.620.760.040.750.370.80.790.340.93-0.570.45-0.06-0.560.750.650.350.89-0.140.750.750.130.660.550.450.27
0.40.70.420.290.160.630.680.140.42-0.150.18-0.06-0.150.350.420.70.410.350.460.610.360.55-0.150.170.27
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Dorel Industries Account Relationship Matchups

Dorel Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.7B1.9B1.1B1.0B1.5B
Short Long Term Debt Total690.2M613.4M544.4M431.6M393.0M377.2M
Other Current Liab110.4M129.6M457.1M70.3M74.7M57.5M
Total Current Liabilities701.8M893.7M835.0M375.1M429.6M436.4M
Total Stockholder Equity534.2M496.2M469M281.1M224.7M213.5M
Property Plant And Equipment Net323.4M298.7M171.6M229.8M213.0M158.6M
Net Debt651.0M575.1M492.2M399.2M368.9M336.8M
Retained Earnings394.3M350.9M319.3M58.6M(3.7M)(3.5M)
Accounts Payable447.7M401.0M296.8M251.1M287.6M275.5M
Cash39.1M38.2M52.2M32.4M24.1M25.7M
Non Current Assets Total729.5M629.5M323.3M378.6M381.4M724.9M
Non Currrent Assets Other8.2M5.4M4.1M8.0M75.2M78.9M
Cash And Short Term Investments39.1M38.2M52.2M32.4M24.1M26.1M
Net Receivables399.0M445.9M258.5M193.0M199.7M286.8M
Common Stock Shares Outstanding32.4M32.5M33.0M33.4M32.5M34.0M
Liabilities And Stockholders Equity1.9B1.7B1.9B1.1B1.0B1.5B
Non Current Liabilities Total624.1M329.3M547.1M404.2M346.6M362.0M
Inventory633.6M534.5M364.7M421.5M363.1M366.8M
Other Current Assets58.9M71.0M852.4M34.9M32.6M31.0M
Other Stockholder Equity50.1M30.1M32.3M36.4M36.0M34.2M
Total Liab1.3B1.2B1.4B779.3M776.2M798.3M
Property Plant And Equipment Gross323.4M298.7M454.6M516.8M529.6M556.1M
Total Current Assets1.1B1.1B1.5B681.8M619.6M746.2M
Accumulated Other Comprehensive Income(114.2M)(117.2M)(115.1M)(47.3M)(13.6M)(12.9M)
Short Term Debt131.3M347.1M37.8M51.8M64.7M92.6M
Intangible Assets253.0M239.7M81.6M67.1M47.8M45.4M
Other Assets112.1M86.4M47.7M53.2M61.2M57.3M
Current Deferred Revenue111.9M128.7M123.3M70.0M80.5M44.5M
Good Will84.5M41.0M45.5M45.2M45.4M43.1M
Common Stock203.9M204.7M204.7M205.6M206.0M220.5M
Common Stock Total Equity203.3M203.3M203.9M204.7M235.4M221.1M
Other Liab58.5M63.0M40.5M24.5M22.0M20.9M
Net Tangible Assets255.3M266.0M365.1M185.5M213.4M278.0M
Long Term Debt417.9M125.8M433.8M250.1M215.3M240.2M
Deferred Long Term Liab43.4M36.3M23.2M16.7M15.0M26.1M
Short Long Term Debt83.9M307.5M8.3M18.5M27.6M26.3M
Property Plant Equipment337.9M312.9M171.6M229.8M264.2M252.3M
Non Current Liabilities Other17.1M12.7M8.2M3.6M2.2M2.1M
Net Invested Capital1.0B929.5M911.1M549.8M467.7M749.7M

Additional Tools for Dorel Stock Analysis

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