| 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 Revenue and its Operating 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 Revenue vs Operating Income
Total Revenue vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dorchester Minerals Total Revenue account and
Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Dorchester Minerals' Total Revenue and Operating Income is 0.8. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Operating 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 Revenue and Operating 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 Revenue of Dorchester Minerals LP are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Revenue i.e., Dorchester Minerals' Total Revenue and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.8 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
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.
Operating Income
Operating Income is the amount of profit realized from Dorchester Minerals operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Dorchester Minerals LP is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 75.4M | 138.8M | 125.3M | 131.5M | Total Revenue | 93.4M | 170.8M | 163.8M | 172.0M |
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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