Dentalcorp Capital Lease Obligations vs Total Assets Analysis
DNTL Stock | 9.11 0.02 0.22% |
Dentalcorp Holdings financial indicator trend analysis is much more than just examining dentalcorp Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether dentalcorp Holdings is a good investment. Please check the relationship between Dentalcorp Holdings Capital Lease Obligations and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in dentalcorp Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Capital Lease Obligations vs Total Assets
Capital Lease Obligations vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of dentalcorp Holdings Capital Lease Obligations account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Dentalcorp Holdings' Capital Lease Obligations and Total Assets is 0.99. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Total Assets in the same time period over historical financial statements of dentalcorp Holdings, assuming nothing else is changed. The correlation between historical values of Dentalcorp Holdings' Capital Lease Obligations and Total 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 Capital Lease Obligations of dentalcorp Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Capital Lease Obligations i.e., Dentalcorp Holdings' Capital Lease Obligations and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Capital Lease Obligations
Dentalcorp Holdings capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Dentalcorp Holdings asset purchases. For example, Dentalcorp Holdings can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Dentalcorp Holdings control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Total Assets
Total assets refers to the total amount of Dentalcorp Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in dentalcorp Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Dentalcorp Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into dentalcorp Holdings 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 dentalcorp Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Dentalcorp Holdings' Sales General And Administrative To Revenue is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value is likely to grow to about 3.7 B, while Tax Provision is likely to drop (17.7 M).
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 158.5M | 190.3M | 203.1M | 163.6M | Interest Income | 1.2M | 64M | 3.6M | 3.4M |
Dentalcorp Holdings fundamental ratios Correlations
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Dentalcorp Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Other Information on Investing in Dentalcorp Stock
Balance Sheet is a snapshot of the financial position of dentalcorp Holdings at a specified time, usually calculated after every quarter, six months, or one year. Dentalcorp Holdings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dentalcorp Holdings 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 Dentalcorp currently owns. An asset can also be divided into two categories, current and non-current.