Dolphin Payables Turnover vs Average Payables Analysis

DLPN Stock  USD 1.08  0.06  5.26%   
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 Payables Turnover and its Average Payables 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.

Payables Turnover vs Average Payables

Payables Turnover vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dolphin Entertainment Payables Turnover account and Average Payables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Dolphin Entertainment's Payables Turnover and Average Payables is -0.11. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Average Payables 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 Payables Turnover and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Dolphin Entertainment are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Payables Turnover i.e., Dolphin Entertainment's Payables Turnover and Average Payables go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.
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 Expenses38.2M40.2M62.4M65.5M
Cost Of Revenue3.9M3.6M38.2M40.1M

Dolphin Entertainment fundamental ratios Correlations

0.540.650.80.80.71-0.890.780.840.990.840.94-0.680.980.240.830.960.90.910.95-0.570.860.22-0.350.710.84
0.540.880.280.470.6-0.810.160.570.490.570.52-0.710.40.80.410.70.620.390.66-0.720.680.79-0.620.460.18
0.650.880.190.450.83-0.870.440.480.630.480.65-0.60.560.630.60.740.840.520.69-0.550.840.85-0.480.560.48
0.80.280.190.810.26-0.580.540.80.790.80.65-0.580.770.150.60.770.460.740.77-0.530.48-0.22-0.210.420.51
0.80.470.450.810.62-0.730.450.740.790.740.68-0.610.760.420.580.820.60.790.78-0.560.760.17-0.30.50.52
0.710.60.830.260.62-0.760.60.380.710.380.69-0.480.690.460.720.680.870.710.67-0.40.950.67-0.370.650.66
-0.89-0.81-0.87-0.58-0.73-0.76-0.58-0.81-0.87-0.81-0.860.67-0.8-0.48-0.67-0.96-0.9-0.74-0.90.6-0.9-0.560.45-0.71-0.67
0.780.160.440.540.450.6-0.580.460.80.460.75-0.270.84-0.090.850.640.760.760.69-0.130.640.03-0.010.520.89
0.840.570.480.80.740.38-0.810.460.81.00.77-0.660.770.280.540.890.650.630.88-0.60.650.08-0.380.680.55
0.990.490.630.790.790.71-0.870.80.80.80.93-0.650.980.180.810.940.90.910.91-0.540.850.2-0.340.710.87
0.840.570.480.80.740.38-0.810.461.00.80.77-0.660.770.280.540.890.650.630.88-0.60.650.08-0.380.680.55
0.940.520.650.650.680.69-0.860.750.770.930.77-0.640.950.140.740.890.920.90.9-0.520.820.22-0.40.660.88
-0.68-0.71-0.6-0.58-0.61-0.480.67-0.27-0.66-0.65-0.66-0.64-0.59-0.5-0.47-0.71-0.6-0.53-0.70.99-0.62-0.420.79-0.39-0.33
0.980.40.560.770.760.69-0.80.840.770.980.770.95-0.590.120.850.890.880.920.91-0.470.830.1-0.250.660.91
0.240.80.630.150.420.46-0.48-0.090.280.180.280.14-0.50.120.280.40.260.160.41-0.550.470.69-0.40.14-0.17
0.830.410.60.60.580.72-0.670.850.540.810.540.74-0.470.850.280.720.780.790.84-0.350.770.22-0.10.550.75
0.960.70.740.770.820.68-0.960.640.890.940.890.89-0.710.890.40.720.860.830.95-0.630.860.35-0.420.70.7
0.90.620.840.460.60.87-0.90.760.650.90.650.92-0.60.880.260.780.860.80.84-0.480.930.5-0.390.730.87
0.910.390.520.740.790.71-0.740.760.630.910.630.9-0.530.920.160.790.830.80.84-0.420.790.11-0.270.60.81
0.950.660.690.770.780.67-0.90.690.880.910.880.9-0.70.910.410.840.950.840.84-0.620.840.27-0.380.680.71
-0.57-0.72-0.55-0.53-0.56-0.40.6-0.13-0.6-0.54-0.6-0.520.99-0.47-0.55-0.35-0.63-0.48-0.42-0.62-0.53-0.440.81-0.31-0.18
0.860.680.840.480.760.95-0.90.640.650.850.650.82-0.620.830.470.770.860.930.790.84-0.530.58-0.430.760.73
0.220.790.85-0.220.170.67-0.560.030.080.20.080.22-0.420.10.690.220.350.50.110.27-0.440.58-0.480.260.07
-0.35-0.62-0.48-0.21-0.3-0.370.45-0.01-0.38-0.34-0.38-0.40.79-0.25-0.4-0.1-0.42-0.39-0.27-0.380.81-0.43-0.48-0.4-0.08
0.710.460.560.420.50.65-0.710.520.680.710.680.66-0.390.660.140.550.70.730.60.68-0.310.760.26-0.40.61
0.840.180.480.510.520.66-0.670.890.550.870.550.88-0.330.91-0.170.750.70.870.810.71-0.180.730.07-0.080.61
Click cells to compare fundamentals

Dolphin Entertainment Account Relationship Matchups

Dolphin Entertainment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.6M49.4M52.7M75.4M94.2M98.9M
Other Current Liab10.9M9.9M12.1M14.1M12.0M6.2M
Total Current Liabilities22.5M16.9M15.0M25.3M27.5M28.8M
Total Stockholder Equity9.7M19.7M22.9M34.1M20.0M21.0M
Property Plant And Equipment Net8.5M7.9M6.6M7.6M5.8M6.1M
Net Debt17.6M9.2M5.2M15.8M19.2M20.1M
Retained Earnings(96.0M)(98.0M)(104.4M)(109.2M)(133.6M)(126.9M)
Accounts Payable832.1K1.2M942.1K4.8M6.9M7.2M
Cash2.2M7.9M7.7M6.1M6.4M6.8M
Non Current Assets Total35.7M35.5M34.5M51.5M73.5M77.1M
Cash And Short Term Investments2.2M7.9M7.7M6.1M6.4M6.8M
Net Receivables3.6M3.7M9.6M6.2M12.5M13.1M
Common Stock Total Equity158.5K211.8K268.4K99.3K114.2K108.5K
Common Stock Shares Outstanding4.3M6.4M7.6M9.9M14.4M15.1M
Liabilities And Stockholders Equity42.6M49.4M52.7M75.4M66.3M69.6M
Inventory732.4K714.1K714.1K541.9K1.1M0.95
Other Current Assets372.9K2.3M991.9K11.6M8.5M8.9M
Other Stockholder Equity105.4M117.5M127.2M143.1M153.3M161.0M
Total Liab32.9M29.7M29.8M41.3M74.2M77.9M
Property Plant And Equipment Gross8.5M800.1K9.3M11.1M12.7M13.4M
Total Current Assets6.9M13.9M18.2M23.9M20.7M21.8M
Common Stock268.4K99.3K120.3K185.1K273.3K418.1K
Short Long Term Debt Total19.8M17.1M12.9M21.8M25.6M26.9M
Short Term Debt10.5M5.8M1.9M6.4M7.1M5.0M
Current Deferred Revenue309.9K1.9M406.4K2.2M1.5M1.1M
Intangible Assets8.4M7.5M6.1M9.9M13.5M14.2M
Non Current Liabilities Total10.4M12.8M14.8M16.0M46.8M49.1M
Non Currrent Assets Other203.0K469.3K1.7M4.7M2.1M2.2M
Other Assets502.0K7.6M1.6M27.9M32.1M33.7M
Long Term Debt3.0M2.8M5.9M9.5M10.9M11.4M
Good Will17.9M19.6M20.0M29.3M25.2M26.5M
Retained Earnings Total Equity(92.9M)(94.5M)(96.0M)(98.0M)(88.2M)(92.6M)
Property Plant Equipment1.2M8.5M800.1K6.6M7.6M8.0M
Net Tangible Assets(15.3M)(16.8M)(7.4M)(3.4M)(3.9M)(4.1M)
Capital Surpluse98.8M105.1M105.4M117.5M135.2M72.9M

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

  0.69VEON VEONPairCorr
  0.6Z Zillow Group ClassPairCorr
  0.59ZG Zillow GroupPairCorr
  0.58EA Electronic ArtsPairCorr
  0.57CNK Cinemark HoldingsPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Dolphin Entertainment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dolphin Entertainment'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 Dolphin Entertainment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dolphin Entertainment Stock:
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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.