Dolphin Non Current Assets Total vs Common Stock Analysis
DLPN Stock | USD 1.07 0.01 0.93% |
Dolphin Entertainment financial indicator trend analysis is much more than just examining Dolphin Entertainment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dolphin Entertainment is a good investment. Please check the relationship between Dolphin Entertainment Non Current Assets Total and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dolphin Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Dolphin Stock, please use our How to Invest in Dolphin Entertainment guide.
Non Current Assets Total vs Common Stock
Non Current Assets Total vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dolphin Entertainment Non Current Assets Total account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Dolphin Entertainment's Non Current Assets Total and Common Stock is -0.54. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Common Stock in the same time period over historical financial statements of Dolphin Entertainment, assuming nothing else is changed. The correlation between historical values of Dolphin Entertainment's Non Current Assets Total and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Dolphin Entertainment are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Non Current Assets Total i.e., Dolphin Entertainment's Non Current Assets Total and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.54 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Common Stock
Most indicators from Dolphin Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dolphin Entertainment 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 Dolphin Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Dolphin Stock, please use our How to Invest in Dolphin Entertainment guide.As of the 22nd of November 2024, Tax Provision is likely to grow to about 258.9 K, while Selling General Administrative is likely to drop about 2.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 38.2M | 40.2M | 62.4M | 65.5M | Cost Of Revenue | 3.9M | 3.6M | 38.2M | 40.1M |
Dolphin Entertainment fundamental ratios Correlations
Click cells to compare fundamentals
Dolphin Entertainment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dolphin Entertainment fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 42.6M | 49.4M | 52.7M | 75.4M | 94.2M | 98.9M | |
Other Current Liab | 10.9M | 9.9M | 12.1M | 14.1M | 12.0M | 6.2M | |
Total Current Liabilities | 22.5M | 16.9M | 15.0M | 25.3M | 27.5M | 28.8M | |
Total Stockholder Equity | 9.7M | 19.7M | 22.9M | 34.1M | 20.0M | 21.0M | |
Property Plant And Equipment Net | 8.5M | 7.9M | 6.6M | 7.6M | 5.8M | 6.1M | |
Net Debt | 17.6M | 9.2M | 5.2M | 15.8M | 19.2M | 20.1M | |
Retained Earnings | (96.0M) | (98.0M) | (104.4M) | (109.2M) | (133.6M) | (126.9M) | |
Accounts Payable | 832.1K | 1.2M | 942.1K | 4.8M | 6.9M | 7.2M | |
Cash | 2.2M | 7.9M | 7.7M | 6.1M | 6.4M | 6.8M | |
Non Current Assets Total | 35.7M | 35.5M | 34.5M | 51.5M | 73.5M | 77.1M | |
Cash And Short Term Investments | 2.2M | 7.9M | 7.7M | 6.1M | 6.4M | 6.8M | |
Net Receivables | 3.6M | 3.7M | 9.6M | 6.2M | 12.5M | 13.1M | |
Common Stock Total Equity | 158.5K | 211.8K | 268.4K | 99.3K | 114.2K | 108.5K | |
Common Stock Shares Outstanding | 4.3M | 6.4M | 7.6M | 9.9M | 14.4M | 15.1M | |
Liabilities And Stockholders Equity | 42.6M | 49.4M | 52.7M | 75.4M | 66.3M | 69.6M | |
Inventory | 732.4K | 714.1K | 714.1K | 541.9K | 1.1M | 0.95 | |
Other Current Assets | 372.9K | 2.3M | 991.9K | 11.6M | 8.5M | 8.9M | |
Other Stockholder Equity | 105.4M | 117.5M | 127.2M | 143.1M | 153.3M | 161.0M | |
Total Liab | 32.9M | 29.7M | 29.8M | 41.3M | 74.2M | 77.9M | |
Property Plant And Equipment Gross | 8.5M | 800.1K | 9.3M | 11.1M | 12.7M | 13.4M | |
Total Current Assets | 6.9M | 13.9M | 18.2M | 23.9M | 20.7M | 21.8M | |
Common Stock | 268.4K | 99.3K | 120.3K | 185.1K | 273.3K | 418.1K | |
Short Long Term Debt Total | 19.8M | 17.1M | 12.9M | 21.8M | 25.6M | 26.9M | |
Short Term Debt | 10.5M | 5.8M | 1.9M | 6.4M | 7.1M | 5.0M | |
Current Deferred Revenue | 309.9K | 1.9M | 406.4K | 2.2M | 1.5M | 1.1M | |
Intangible Assets | 8.4M | 7.5M | 6.1M | 9.9M | 13.5M | 14.2M | |
Non Current Liabilities Total | 10.4M | 12.8M | 14.8M | 16.0M | 46.8M | 49.1M | |
Non Currrent Assets Other | 203.0K | 469.3K | 1.7M | 4.7M | 2.1M | 2.2M | |
Other Assets | 502.0K | 7.6M | 1.6M | 27.9M | 32.1M | 33.7M | |
Long Term Debt | 3.0M | 2.8M | 5.9M | 9.5M | 10.9M | 11.4M | |
Good Will | 17.9M | 19.6M | 20.0M | 29.3M | 25.2M | 26.5M | |
Retained Earnings Total Equity | (92.9M) | (94.5M) | (96.0M) | (98.0M) | (88.2M) | (92.6M) | |
Property Plant Equipment | 1.2M | 8.5M | 800.1K | 6.6M | 7.6M | 8.0M | |
Net Tangible Assets | (15.3M) | (16.8M) | (7.4M) | (3.4M) | (3.9M) | (4.1M) | |
Capital Surpluse | 98.8M | 105.1M | 105.4M | 117.5M | 135.2M | 72.9M |
Pair Trading with Dolphin Entertainment
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dolphin Entertainment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dolphin Entertainment will appreciate offsetting losses from the drop in the long position's value.Moving against Dolphin Stock
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The ability to find closely correlated positions to Dolphin Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dolphin Entertainment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dolphin Entertainment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dolphin Entertainment to buy it.
The correlation of Dolphin Entertainment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dolphin Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dolphin Entertainment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dolphin Entertainment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dolphin Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Dolphin Stock, please use our How to Invest in Dolphin Entertainment guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Movies & Entertainment 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 Dolphin Entertainment. If investors know Dolphin 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 Dolphin Entertainment 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 (0.70) | Earnings Share (3.30) | Revenue Per Share 5.61 | Quarterly Revenue Growth 0.038 | Return On Assets (0.03) |
The market value of Dolphin Entertainment is measured differently than its book value, which is the value of Dolphin that is recorded on the company's balance sheet. Investors also form their own opinion of Dolphin Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Dolphin Entertainment'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 Dolphin Entertainment's market value can be influenced by many factors that don't directly affect Dolphin Entertainment'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 Dolphin Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dolphin Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dolphin Entertainment'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.