Dunedin Total Current Assets vs Other Current Assets 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 Total Current Assets and its Other Current Assets 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.
Total Current Assets vs Other Current Assets
Total Current Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dunedin Enterprise Total Current Assets account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Dunedin Enterprise's Total Current Assets and Other Current Assets is -0.01. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Current Assets 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 Total Current Assets and Other Current Assets 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 Current Assets of Dunedin Enterprise Investment are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Current Assets i.e., Dunedin Enterprise's Total Current Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.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
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Dunedin Enterprise Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dunedin Enterprise fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 93.9M | 77.2M | 73.5M | 34.6M | 34.5M | 32.7M | |
Other Current Liab | 2.2M | 2.3M | 88K | 122K | 71K | 74.6K | |
Total Current Liabilities | 2.2M | 2.3M | 88K | 122K | 71K | 67.5K | |
Total Stockholder Equity | 91.7M | 74.9M | 73.4M | 34.5M | 34.4M | 32.7M | |
Net Debt | (3.7M) | (151K) | (12.6M) | (778K) | (9.3M) | (9.8M) | |
Cash | 3.7M | 151K | 12.6M | 778K | 9.3M | 7.7M | |
Other Assets | 66K | 45K | 54K | 31K | 27.9K | 26.5K | |
Cash And Short Term Investments | 3.7M | 151K | 12.6M | 778K | 9.3M | 7.7M | |
Net Receivables | 1.1M | 1.1M | 297K | 5.4M | 432K | 410.4K | |
Liabilities And Stockholders Equity | 93.9M | 77.2M | 73.5M | 34.6M | 34.5M | 32.7M | |
Non Current Liabilities Total | 2.2M | 2.3M | 88K | 122K | 71K | 67.5K | |
Other Stockholder Equity | 95.8M | 80.1M | 49.2M | 3.1M | 33.0M | 65.7M | |
Total Liab | 2.2M | 2.3M | 88K | 122K | 71K | 67.5K | |
Total Current Assets | 4.8M | 1.2M | 12.9M | 6.1M | 9.8M | 8.4M | |
Non Current Assets Total | 89.1M | 76.0M | 60.6M | 28.5M | 24.7M | 23.5M | |
Non Currrent Assets Other | (89.1M) | (76.0M) | (60.6M) | (28.5M) | (24.7M) | (25.9M) | |
Retained Earnings | 37.4M | 20.5M | 68.9M | 30.0M | 29.9M | 41.7M | |
Inventory | (1.1M) | (1.1M) | (297K) | (5.4M) | (432K) | (410.4K) | |
Other Current Assets | 1.1M | 1.1M | 297K | 5.4M | 445K | 467.3K | |
Accumulated Other Comprehensive Income | 49.2M | 49.8M | 1.2M | 3.1M | 2.8M | 2.7M | |
Net Tangible Assets | 91.7M | 74.9M | 73.4M | 34.5M | 31.1M | 29.5M | |
Long Term Investments | 89.1M | 76.0M | 60.6M | 28.5M | 24.7M | 23.5M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.