Dunedin Net Tangible Assets vs Non Current Assets Total Analysis

DNE Stock   497.50  7.50  1.49%   
Dunedin Enterprise financial indicator trend analysis is much more than just examining Dunedin Enterprise latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dunedin Enterprise is a good investment. Please check the relationship between Dunedin Enterprise Net Tangible Assets and its Non Current Assets Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dunedin Enterprise Investment. 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.

Net Tangible Assets vs Non Current Assets Total

Net Tangible Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dunedin Enterprise Net Tangible Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dunedin Enterprise's Net Tangible Assets and Non Current Assets Total is 0.93. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Dunedin Enterprise Investment, assuming nothing else is changed. The correlation between historical values of Dunedin Enterprise's Net Tangible Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Dunedin Enterprise Investment are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Tangible Assets i.e., Dunedin Enterprise's Net Tangible Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Dunedin Enterprise's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dunedin Enterprise 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 Dunedin Enterprise Investment. 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.
Tax Provision is expected to grow at the current pace this year, whereas Selling General Administrative is forecasted to decline to about 50.4 K.

Dunedin Enterprise fundamental ratios Correlations

0.91-0.170.260.9-0.240.380.30.420.3-0.130.780.450.310.350.260.970.94-0.930.09-0.670.74-0.03-0.060.90.87
0.91-0.080.221.0-0.370.10.440.140.44-0.310.730.50.440.250.370.930.96-0.960.22-0.360.60.02-0.110.920.9
-0.17-0.080.28-0.080.26-0.69-0.25-0.69-0.250.18-0.580.22-0.260.11-0.23-0.14-0.130.130.120.520.160.23-0.160.030.11
0.260.220.280.180.570.17-0.460.17-0.46-0.110.060.470.240.98-0.510.320.36-0.360.12-0.280.290.00.020.370.48
0.91.0-0.080.18-0.40.080.460.120.46-0.30.730.490.430.210.40.920.95-0.950.22-0.350.60.02-0.110.910.88
-0.24-0.370.260.57-0.40.1-0.990.09-0.990.21-0.34-0.260.280.55-0.97-0.21-0.150.15-0.51-0.120.060.11-0.03-0.19-0.08
0.380.1-0.690.170.080.1-0.121.0-0.12-0.130.59-0.020.220.38-0.150.380.28-0.28-0.26-0.890.06-0.180.120.180.15
0.30.44-0.25-0.460.46-0.99-0.12-0.11.0-0.240.350.36-0.26-0.450.980.260.22-0.220.590.10.01-0.110.040.260.16
0.420.14-0.690.170.120.091.0-0.1-0.1-0.130.620.00.220.39-0.140.420.31-0.32-0.25-0.910.1-0.180.120.220.19
0.30.44-0.25-0.460.46-0.99-0.121.0-0.1-0.240.350.36-0.26-0.450.980.260.22-0.220.590.10.01-0.110.040.260.16
-0.13-0.310.18-0.11-0.30.21-0.13-0.24-0.13-0.24-0.2-0.2-0.22-0.14-0.02-0.22-0.320.33-0.250.030.180.23-0.21-0.3-0.31
0.780.73-0.580.060.73-0.340.590.350.620.35-0.20.190.50.20.310.790.77-0.77-0.06-0.630.22-0.20.080.580.54
0.450.50.220.470.49-0.26-0.020.360.00.36-0.20.19-0.080.430.310.450.45-0.450.8-0.140.35-0.170.140.590.61
0.310.44-0.260.240.430.280.22-0.260.22-0.26-0.220.5-0.080.28-0.310.460.55-0.56-0.39-0.210.030.29-0.330.410.42
0.350.250.110.980.210.550.38-0.450.39-0.45-0.140.20.430.28-0.510.40.42-0.420.05-0.460.29-0.050.050.390.49
0.260.37-0.23-0.510.4-0.97-0.150.98-0.140.98-0.020.310.31-0.31-0.510.210.14-0.140.540.110.04-0.06-0.010.190.08
0.970.93-0.140.320.92-0.210.380.260.420.26-0.220.790.450.460.40.210.97-0.970.04-0.630.640.08-0.170.930.91
0.940.96-0.130.360.95-0.150.280.220.310.22-0.320.770.450.550.420.140.97-1.00.07-0.530.630.01-0.090.930.93
-0.93-0.960.13-0.36-0.950.15-0.28-0.22-0.32-0.220.33-0.77-0.45-0.56-0.42-0.14-0.97-1.0-0.070.53-0.62-0.010.09-0.93-0.93
0.090.220.120.120.22-0.51-0.260.59-0.250.59-0.25-0.060.8-0.390.050.540.040.07-0.070.190.08-0.310.30.230.22
-0.67-0.360.52-0.28-0.35-0.12-0.890.1-0.910.10.03-0.63-0.14-0.21-0.460.11-0.63-0.530.530.19-0.50.14-0.07-0.48-0.45
0.740.60.160.290.60.060.060.010.10.010.180.220.350.030.290.040.640.63-0.620.08-0.50.05-0.080.70.69
-0.030.020.230.00.020.11-0.18-0.11-0.18-0.110.23-0.2-0.170.29-0.05-0.060.080.01-0.01-0.310.140.05-0.990.170.14
-0.06-0.11-0.160.02-0.11-0.030.120.040.120.04-0.210.080.14-0.330.05-0.01-0.17-0.090.090.3-0.07-0.08-0.99-0.24-0.2
0.90.920.030.370.91-0.190.180.260.220.26-0.30.580.590.410.390.190.930.93-0.930.23-0.480.70.17-0.240.99
0.870.90.110.480.88-0.080.150.160.190.16-0.310.540.610.420.490.080.910.93-0.930.22-0.450.690.14-0.20.99
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Dunedin Enterprise Account Relationship Matchups

Dunedin Enterprise fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets93.9M77.2M73.5M34.6M34.5M32.7M
Other Current Liab2.2M2.3M88K122K71K74.6K
Total Current Liabilities2.2M2.3M88K122K71K67.5K
Total Stockholder Equity91.7M74.9M73.4M34.5M34.4M32.7M
Net Debt(3.7M)(151K)(12.6M)(778K)(9.3M)(9.8M)
Cash3.7M151K12.6M778K9.3M7.7M
Other Assets66K45K54K31K27.9K26.5K
Cash And Short Term Investments3.7M151K12.6M778K9.3M7.7M
Net Receivables1.1M1.1M297K5.4M432K410.4K
Liabilities And Stockholders Equity93.9M77.2M73.5M34.6M34.5M32.7M
Non Current Liabilities Total2.2M2.3M88K122K71K67.5K
Other Stockholder Equity95.8M80.1M49.2M3.1M33.0M65.7M
Total Liab2.2M2.3M88K122K71K67.5K
Total Current Assets4.8M1.2M12.9M6.1M9.8M8.4M
Non Current Assets Total89.1M76.0M60.6M28.5M24.7M23.5M
Non Currrent Assets Other(89.1M)(76.0M)(60.6M)(28.5M)(24.7M)(25.9M)
Retained Earnings37.4M20.5M68.9M30.0M29.9M41.7M
Inventory(1.1M)(1.1M)(297K)(5.4M)(432K)(410.4K)
Other Current Assets1.1M1.1M297K5.4M445K467.3K
Accumulated Other Comprehensive Income49.2M49.8M1.2M3.1M2.8M2.7M
Net Tangible Assets91.7M74.9M73.4M34.5M31.1M29.5M
Long Term Investments89.1M76.0M60.6M28.5M24.7M23.5M

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Other Information on Investing in Dunedin Stock

Balance Sheet is a snapshot of the financial position of Dunedin Enterprise at a specified time, usually calculated after every quarter, six months, or one year. Dunedin Enterprise Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dunedin Enterprise and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Dunedin currently owns. An asset can also be divided into two categories, current and non-current.