Dentalcorp Total Current Liabilities vs Inventory 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 Total Current Liabilities and its Inventory 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.

Total Current Liabilities vs Inventory

Total Current Liabilities vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of dentalcorp Holdings Total Current Liabilities account and Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Dentalcorp Holdings' Total Current Liabilities and Inventory is 0.88. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Inventory 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' Total Current Liabilities and Inventory 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 dentalcorp Holdings are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Current Liabilities i.e., Dentalcorp Holdings' Total Current Liabilities and Inventory go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on Dentalcorp Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of dentalcorp Holdings 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.

Inventory

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 Amortization158.5M190.3M203.1M163.6M
Interest Income1.2M64M3.6M3.4M

Dentalcorp Holdings fundamental ratios Correlations

0.93-0.68-0.070.810.83-0.780.750.930.75-0.63-0.90.96-0.360.940.720.99-0.76-0.360.870.94-0.75-0.670.80.910.77
0.93-0.720.110.930.95-0.920.880.990.67-0.7-0.940.97-0.081.00.840.95-0.83-0.080.950.99-0.78-0.720.940.990.84
-0.68-0.720.09-0.77-0.810.81-0.9-0.7-0.290.980.78-0.69-0.18-0.69-0.59-0.640.97-0.18-0.72-0.70.981.0-0.72-0.71-0.56
-0.070.110.090.380.04-0.1-0.020.13-0.52-0.09-0.26-0.030.610.070.58-0.06-0.050.61-0.110.090.130.090.090.180.52
0.810.93-0.770.380.9-0.890.870.930.35-0.82-0.940.830.250.90.920.81-0.880.250.840.9-0.77-0.770.860.940.88
0.830.95-0.810.040.9-0.990.970.920.6-0.79-0.90.920.050.940.790.83-0.90.050.950.95-0.87-0.820.980.950.76
-0.78-0.920.81-0.1-0.89-0.99-0.97-0.87-0.520.810.91-0.9-0.11-0.91-0.82-0.780.91-0.11-0.9-0.920.880.83-0.99-0.93-0.79
0.750.88-0.9-0.020.870.97-0.970.850.49-0.89-0.850.840.170.860.710.75-0.960.170.910.87-0.93-0.920.920.880.67
0.930.99-0.70.130.930.92-0.870.850.65-0.69-0.920.95-0.060.990.820.95-0.8-0.060.950.97-0.74-0.70.890.980.81
0.750.67-0.29-0.520.350.6-0.520.490.65-0.15-0.470.77-0.690.710.240.78-0.34-0.690.740.69-0.41-0.30.620.620.31
-0.63-0.70.98-0.09-0.82-0.790.81-0.89-0.69-0.150.8-0.64-0.33-0.67-0.67-0.590.97-0.33-0.68-0.680.950.98-0.71-0.7-0.62
-0.9-0.940.78-0.26-0.94-0.90.91-0.85-0.92-0.470.8-0.920.01-0.93-0.93-0.880.890.01-0.82-0.950.830.78-0.9-0.96-0.94
0.960.97-0.69-0.030.830.92-0.90.840.950.77-0.64-0.92-0.280.980.780.96-0.79-0.280.920.99-0.78-0.690.930.970.81
-0.36-0.08-0.180.610.250.05-0.110.17-0.06-0.69-0.330.01-0.28-0.150.2-0.35-0.191.0-0.08-0.15-0.05-0.19-0.01-0.050.05
0.941.0-0.690.070.90.94-0.910.860.990.71-0.67-0.930.98-0.150.820.96-0.81-0.150.951.0-0.76-0.70.940.990.83
0.720.84-0.590.580.920.79-0.820.710.820.24-0.67-0.930.780.20.820.71-0.750.20.660.84-0.63-0.590.820.880.99
0.990.95-0.64-0.060.810.83-0.780.750.950.78-0.59-0.880.96-0.350.960.71-0.72-0.350.90.95-0.71-0.630.810.920.76
-0.76-0.830.97-0.05-0.88-0.90.91-0.96-0.8-0.340.970.89-0.79-0.19-0.81-0.75-0.72-0.19-0.8-0.820.980.98-0.84-0.83-0.71
-0.36-0.08-0.180.610.250.05-0.110.17-0.06-0.69-0.330.01-0.281.0-0.150.2-0.35-0.19-0.08-0.15-0.05-0.19-0.01-0.050.05
0.870.95-0.72-0.110.840.95-0.90.910.950.74-0.68-0.820.92-0.080.950.660.9-0.8-0.080.93-0.77-0.740.910.930.64
0.940.99-0.70.090.90.95-0.920.870.970.69-0.68-0.950.99-0.151.00.840.95-0.82-0.150.93-0.78-0.710.950.990.86
-0.75-0.780.980.13-0.77-0.870.88-0.93-0.74-0.410.950.83-0.78-0.05-0.76-0.63-0.710.98-0.05-0.77-0.780.98-0.81-0.77-0.62
-0.67-0.721.00.09-0.77-0.820.83-0.92-0.7-0.30.980.78-0.69-0.19-0.7-0.59-0.630.98-0.19-0.74-0.710.98-0.74-0.71-0.56
0.80.94-0.720.090.860.98-0.990.920.890.62-0.71-0.90.93-0.010.940.820.81-0.84-0.010.910.95-0.81-0.740.950.81
0.910.99-0.710.180.940.95-0.930.880.980.62-0.7-0.960.97-0.050.990.880.92-0.83-0.050.930.99-0.77-0.710.950.88
0.770.84-0.560.520.880.76-0.790.670.810.31-0.62-0.940.810.050.830.990.76-0.710.050.640.86-0.62-0.560.810.88
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Dentalcorp Holdings Account Relationship Matchups

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.