Dorchester Historical Income Statement

DMLP Stock  USD 33.74  0.24  0.72%   
Historical analysis of Dorchester Minerals income statement accounts such as Selling General Administrative of 11.4 M or Total Revenue of 172 M can show how well Dorchester Minerals LP performed in making a profits. Evaluating Dorchester Minerals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Dorchester Minerals's future profits or losses.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Dorchester Minerals latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Dorchester Minerals is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorchester Minerals LP. 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 economic analysis.

About Dorchester Income Statement Analysis

Dorchester Minerals Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Dorchester Minerals shareholders. The income statement also shows Dorchester investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Dorchester Minerals Income Statement Chart

At this time, Dorchester Minerals' EBITDA is relatively stable compared to the past year. As of 11/25/2024, Cost Of Revenue is likely to grow to about 40.4 M, while Selling And Marketing Expenses is likely to drop slightly above 224 K.

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.

Total Revenue

Total revenue comprises all receipts Dorchester Minerals generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Dorchester Minerals LP minus its cost of goods sold. It is profit before Dorchester Minerals operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Dorchester Minerals. It is also known as Dorchester Minerals overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Dorchester Minerals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Dorchester Minerals current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Dorchester Minerals LP. 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 economic analysis.
At this time, Dorchester Minerals' EBITDA is relatively stable compared to the past year. As of 11/25/2024, Cost Of Revenue is likely to grow to about 40.4 M, while Selling And Marketing Expenses is likely to drop slightly above 224 K.
 2021 2022 2023 2024 (projected)
Gross Profit75.4M138.8M125.3M131.5M
Total Revenue93.4M170.8M163.8M172.0M

Dorchester Minerals income statement Correlations

0.670.710.680.430.710.560.70.710.520.670.660.62-0.6-0.310.69-0.02-0.360.120.120.63
0.670.850.80.420.830.780.820.90.30.790.780.82-0.89-0.510.54-0.14-0.810.630.630.82
0.710.850.990.510.990.981.00.920.260.990.990.75-0.8-0.350.73-0.12-0.690.60.60.83
0.680.80.990.50.990.981.00.870.31.01.00.71-0.76-0.290.74-0.12-0.660.590.590.81
0.430.420.510.50.410.460.490.410.390.510.53-0.06-0.26-0.690.21-0.06-0.380.30.30.28
0.710.830.990.990.410.970.990.90.30.990.980.8-0.8-0.260.76-0.12-0.660.570.570.83
0.560.780.980.980.460.970.980.870.160.980.980.7-0.75-0.280.68-0.14-0.680.650.650.8
0.70.821.01.00.490.990.980.910.251.00.990.74-0.78-0.310.74-0.12-0.670.580.580.82
0.710.90.920.870.410.90.870.910.070.870.860.83-0.84-0.390.65-0.13-0.690.550.550.82
0.520.30.260.30.390.30.160.250.070.290.290.16-0.24-0.310.28-0.12-0.10.070.070.28
0.670.790.991.00.510.990.981.00.870.291.00.69-0.75-0.310.73-0.1-0.650.580.580.8
0.660.780.991.00.530.980.980.990.860.291.00.67-0.73-0.310.72-0.1-0.650.580.580.79
0.620.820.750.71-0.060.80.70.740.830.160.690.67-0.82-0.130.6-0.15-0.560.450.450.75
-0.6-0.89-0.8-0.76-0.26-0.8-0.75-0.78-0.84-0.24-0.75-0.73-0.820.25-0.410.290.87-0.66-0.66-0.84
-0.31-0.51-0.35-0.29-0.69-0.26-0.28-0.31-0.39-0.31-0.31-0.31-0.130.25-0.01-0.040.34-0.29-0.29-0.19
0.690.540.730.740.210.760.680.740.650.280.730.720.6-0.41-0.010.05-0.180.070.070.63
-0.02-0.14-0.12-0.12-0.06-0.12-0.14-0.12-0.13-0.12-0.1-0.1-0.150.29-0.040.050.41-0.37-0.37-0.2
-0.36-0.81-0.69-0.66-0.38-0.66-0.68-0.67-0.69-0.1-0.65-0.65-0.560.870.34-0.180.41-0.83-0.83-0.69
0.120.630.60.590.30.570.650.580.550.070.580.580.45-0.66-0.290.07-0.37-0.831.00.63
0.120.630.60.590.30.570.650.580.550.070.580.580.45-0.66-0.290.07-0.37-0.831.00.63
0.630.820.830.810.280.830.80.820.820.280.80.790.75-0.84-0.190.63-0.2-0.690.630.63
Click cells to compare fundamentals

Dorchester Minerals Account Relationship Matchups

Dorchester Minerals income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization171.9K12.1M10.7M19.3M26.5M27.8M
Selling General Administrative6.1M7.5M5.2M8.2M10.9M11.4M
Total Revenue78.8M46.9M93.4M170.8M163.8M172.0M
Gross Profit58.9M29.3M75.4M138.8M125.3M131.5M
Other Operating Expenses26.0M25.1M23.2M40.2M17.6M24.0M
Operating Income52.8M21.9M70.2M130.6M140.4M147.4M
Ebit66.2M21.9M70.2M130.6M114.1M119.8M
Ebitda66.3M34.0M80.9M149.9M140.6M147.6M
Cost Of Revenue19.9M17.6M18.1M32.0M38.5M40.4M
Total Operating Expenses6.1M7.5M5.2M8.2M11.2M9.4M
Income Before Tax52.8M21.9M70.2M130.6M114.1M119.8M
Net Income Applicable To Common Shares54.5M22.6M72.5M135.1M155.4M163.1M
Net Income52.8M21.9M70.2M130.6M110.4M115.9M
Income Tax Expense13.4M705K2.3M4.5M102.3M107.4M
Preferred Stock And Other Adjustments(1.7M)(705K)(2.3M)(4.5M)(4.0M)(3.8M)
Net Income From Continuing Ops(26.0M)(25.1M)(23.2M)130.6M114.1M119.8M
Minority Interest1.8M1.8M1.2M536K482.4K458.3K
Reconciled Depreciation13.6M12.1M10.7M19.3M26.5M15.8M

Pair Trading with Dorchester Minerals

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 Dorchester Minerals 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 Dorchester Minerals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dorchester Stock

  0.64AR Antero Resources CorpPairCorr
  0.68EP Empire Petroleum CorpPairCorr
  0.96LB LandBridge Company Upward RallyPairCorr
  0.73PR Permian Resources Aggressive PushPairCorr

Moving against Dorchester Stock

  0.84BRN Barnwell IndustriesPairCorr
  0.64BRY Berry Petroleum CorpPairCorr
  0.52APA APA CorporationPairCorr
  0.43DVN Devon EnergyPairCorr
  0.41SD SandRidge EnergyPairCorr
The ability to find closely correlated positions to Dorchester Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dorchester Minerals 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 Dorchester Minerals - 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 Dorchester Minerals LP to buy it.
The correlation of Dorchester Minerals 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 Dorchester Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dorchester Minerals 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 Dorchester Minerals 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

Additional Tools for Dorchester Stock Analysis

When running Dorchester Minerals' price analysis, check to measure Dorchester Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dorchester Minerals is operating at the current time. Most of Dorchester Minerals' value examination focuses on studying past and present price action to predict the probability of Dorchester Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorchester Minerals' price. Additionally, you may evaluate how the addition of Dorchester Minerals to your portfolios can decrease your overall portfolio volatility.