| DMLP Stock | | | USD 33.50 0.10 0.30% |
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 Total Operating Expenses and its Net Income 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.
Total Operating Expenses vs Net Income
Total Operating Expenses vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dorchester Minerals Total Operating Expenses account and
Net Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Dorchester Minerals' Total Operating Expenses and Net Income is 0.29. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Income 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' Total Operating Expenses and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Dorchester Minerals LP are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Operating Expenses i.e., Dorchester Minerals' Total Operating Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | 0.29 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Dorchester Minerals financial statement analysis. It represents the amount of money remaining after all of Dorchester Minerals LP operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 11/22/2024,
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
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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.