DMLP Stock | | | USD 34.19 0.50 1.48% |
Dorchester Minerals financial indicator trend analysis is much more than just examining Dorchester Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dorchester Minerals is a good investment. Please check the relationship between Dorchester Minerals Capex To Revenue and its Price To Sales Ratio accounts. 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.
Capex To Revenue vs Price To Sales Ratio
Capex To Revenue vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dorchester Minerals Capex To Revenue account and
Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dorchester Minerals' Capex To Revenue and Price To Sales Ratio is -0.23. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Dorchester Minerals LP, assuming nothing else is changed. The correlation between historical values of Dorchester Minerals' Capex To Revenue and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of Dorchester Minerals LP are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Capex To Revenue i.e., Dorchester Minerals' Capex To Revenue and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Dorchester Minerals stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Dorchester Minerals sales, a figure that is much harder to manipulate than other Dorchester Minerals LP multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Most indicators from Dorchester Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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'
Selling General Administrative is relatively stable compared to the past year. As of 11/29/2024,
Enterprise Value Over EBITDA is likely to grow to 12.56, while
Sales General And Administrative To Revenue is likely to drop 0.07.
Dorchester Minerals fundamental ratios Correlations
Click cells to compare fundamentals
Dorchester Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dorchester Minerals fundamental ratios Accounts
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.