Doximity Total Other Income Expense Net vs Total Revenue Analysis

DOCS Stock  USD 52.19  1.09  2.05%   
Doximity financial indicator trend analysis is much more than just examining Doximity latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Doximity is a good investment. Please check the relationship between Doximity Total Other Income Expense Net and its Total Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Doximity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Doximity Stock please use our How to Invest in Doximity guide.

Total Other Income Expense Net vs Total Revenue

JavaScript chart by amCharts 3.21.1520142016201820202022202402M4M6M8M10M12M14M16M18M20M22M 100M150M200M250M300M350M400M450M
JavaScript chart by amCharts 3.21.15Total Other Income Expense Nettotal: 57.7MTotal Revenuetotal: 2.4B

Total Other Income Expense Net vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Doximity Total Other Income Expense Net account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
Total Other Income Expense NetTotal RevenueDiversified AwayTotal Other Income Expense NetTotal RevenueDiversified Away100%
The correlation between Doximity's Total Other Income Expense Net and Total Revenue is 0.76. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Doximity, assuming nothing else is changed. The correlation between historical values of Doximity's Total Other Income Expense Net and Total Revenue 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 Other Income Expense Net of Doximity are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Other Income Expense Net i.e., Doximity's Total Other Income Expense Net and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Other Income Expense Net

Total Revenue

Total revenue comprises all receipts Doximity generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Doximity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Doximity 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 Doximity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Doximity Stock please use our How to Invest in Doximity guide.At this time, Doximity's Tax Provision is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 8 B in 2024, whereas Selling General Administrative is likely to drop slightly above 26 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income2.1M9.3M21.7M22.7M
Net Interest Income2.1M9.3M21.7M22.7M

Doximity fundamental ratios Correlations

-0.360.940.990.790.950.92-0.940.940.410.950.970.740.951.00.980.921.0-0.450.840.940.751.00.90.990.86
-0.36-0.53-0.27-0.23-0.34-0.470.45-0.45-0.45-0.44-0.38-0.85-0.37-0.34-0.46-0.47-0.320.06-0.37-0.27-0.8-0.36-0.32-0.49-0.43
0.94-0.530.90.810.90.96-0.910.90.60.930.970.870.90.920.990.930.91-0.490.880.860.910.930.930.960.9
0.99-0.270.90.770.940.88-0.920.930.330.930.950.670.941.00.960.881.0-0.430.810.940.671.00.880.970.82
0.79-0.230.810.770.870.88-0.70.650.690.750.870.540.870.760.820.930.75-0.780.920.870.690.770.880.760.97
0.95-0.340.90.940.870.87-0.870.870.430.890.920.711.00.950.930.940.95-0.640.940.990.720.950.840.950.92
0.92-0.470.960.880.880.87-0.870.830.690.90.980.760.870.890.960.950.88-0.520.840.850.870.90.980.910.93
-0.940.45-0.91-0.92-0.7-0.87-0.87-0.99-0.27-1.0-0.9-0.8-0.87-0.94-0.94-0.9-0.930.22-0.72-0.86-0.77-0.94-0.86-0.95-0.79
0.94-0.450.90.930.650.870.83-0.990.210.980.880.80.870.950.930.870.94-0.190.710.850.750.950.820.960.75
0.41-0.450.60.330.690.430.69-0.270.210.330.590.490.440.340.520.570.34-0.680.640.390.710.370.640.420.7
0.95-0.440.930.930.750.890.9-1.00.980.330.930.790.890.950.960.930.93-0.270.750.870.790.950.90.960.83
0.97-0.380.970.950.870.920.98-0.90.880.590.930.740.920.950.990.940.95-0.520.860.910.810.960.970.950.91
0.74-0.850.870.670.540.710.76-0.80.80.490.790.740.720.720.820.770.71-0.250.690.640.950.740.680.830.72
0.95-0.370.90.940.871.00.87-0.870.870.440.890.920.720.940.930.950.94-0.640.940.990.730.950.840.950.93
1.0-0.340.921.00.760.950.89-0.940.950.340.950.950.720.940.970.91.0-0.410.810.940.711.00.870.990.83
0.98-0.460.990.960.820.930.96-0.940.930.520.960.990.820.930.970.950.96-0.460.860.910.850.980.940.980.9
0.92-0.470.930.880.930.940.95-0.90.870.570.930.940.770.950.90.950.89-0.580.910.930.840.910.920.920.98
1.0-0.320.911.00.750.950.88-0.930.940.340.930.950.710.941.00.960.89-0.430.820.940.691.00.860.980.82
-0.450.06-0.49-0.43-0.78-0.64-0.520.22-0.19-0.68-0.27-0.52-0.25-0.64-0.41-0.46-0.58-0.43-0.82-0.64-0.4-0.43-0.48-0.42-0.73
0.84-0.370.880.810.920.940.84-0.720.710.640.750.860.690.940.810.860.910.82-0.820.920.760.830.810.840.96
0.94-0.270.860.940.870.990.85-0.860.850.390.870.910.640.990.940.910.930.94-0.640.920.660.940.830.930.91
0.75-0.80.910.670.690.720.87-0.770.750.710.790.810.950.730.710.850.840.69-0.40.760.660.730.80.810.83
1.0-0.360.931.00.770.950.9-0.940.950.370.950.960.740.951.00.980.911.0-0.430.830.940.730.890.990.84
0.9-0.320.930.880.880.840.98-0.860.820.640.90.970.680.840.870.940.920.86-0.480.810.830.80.890.880.9
0.99-0.490.960.970.760.950.91-0.950.960.420.960.950.830.950.990.980.920.98-0.420.840.930.810.990.880.86
0.86-0.430.90.820.970.920.93-0.790.750.70.830.910.720.930.830.90.980.82-0.730.960.910.830.840.90.86
Click cells to compare fundamentals

Doximity Account Relationship Matchups

Doximity fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets138.9M251.7M991.4M1.1B1.1B675.6M
Other Current Liab8.0M15.9M23.8M28.0M27.5M25.7M
Total Current Liabilities55.7M102.0M111.3M139.5M147.3M108.8M
Total Stockholder Equity1.1M66.7M878.6M966.1M901.4M524.8M
Other Liab288K1.2M1.0M17.4M20.0M21.0M
Property Plant And Equipment Net7.1M8.9M9.6M25.1M24.7M14.1M
Net Debt(46.1M)(65.1M)(111.7M)(142.4M)(82.2M)(86.4M)
Retained Earnings(13.9M)36.3M191.1M217.9M80.0M85.8M
Accounts Payable1.4M1.5M463K1.3M2.3M1.4M
Cash48.4M66.4M112.8M158.0M96.8M94.6M
Non Current Assets Total15.9M42.3M87.2M161.4M166.4M87.1M
Non Currrent Assets Other1.3M2.8M2.3M1.7M1.5M1.4M
Cash And Short Term Investments86.4M142.5M798.1M841.0M762.9M493.8M
Net Receivables26.2M50.3M81.1M107.0M101.3M69.9M
Short Term Investments38.0M76.1M685.3M683.0M666.1M399.2M
Other Current Assets6.9M16.5M25.0M27.4M48.7M51.1M
Other Stockholder Equity15.0M(81.5M)702.6M762.2M823.9M865.1M
Total Liab137.8M185.0M112.8M170.8M178.0M150.7M
Total Current Assets123.0M209.4M904.1M975.5M912.9M588.2M
Intangible Assets393K9.6M7.9M31.8M27.3M14.2M
Common Stock68K83K192K194K187K138.8K
Property Plant Equipment7.1M8.9M9.6M25.1M28.9M30.3M

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