Dunedin Total Current Liabilities vs Non Currrent Assets Other 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 Liabilities and its Non Currrent Assets Other 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 Liabilities vs Non Currrent Assets Other
Total Current Liabilities vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dunedin Enterprise Total Current Liabilities account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dunedin Enterprise's Total Current Liabilities and Non Currrent Assets Other is -0.36. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Currrent Assets Other 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 Liabilities and Non Currrent Assets Other 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 Liabilities of Dunedin Enterprise Investment are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Liabilities i.e., Dunedin Enterprise's Total Current Liabilities and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Dunedin Enterprise balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Dunedin Enterprise Investment are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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.