Dogness Cash Per Share vs Cash Ratio Analysis

DOGZ Stock  USD 53.24  1.38  2.66%   
Dogness International financial indicator trend analysis is much more than just examining Dogness International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dogness International is a good investment. Please check the relationship between Dogness International Cash Per Share and its Cash Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dogness International Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Cash Per Share vs Cash Ratio

Cash Per Share vs Cash Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dogness International Cash Per Share account and Cash Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dogness International's Cash Per Share and Cash Ratio is 0.43. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Cash Ratio in the same time period over historical financial statements of Dogness International Corp, assuming nothing else is changed. The correlation between historical values of Dogness International's Cash Per Share and Cash Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of Dogness International Corp are associated (or correlated) with its Cash Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Ratio has no effect on the direction of Cash Per Share i.e., Dogness International's Cash Per Share and Cash Ratio go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Cash Per Share

Cash Ratio

Most indicators from Dogness International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dogness International 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 Dogness International Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At this time, Dogness International's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to rise to about 373.9 M in 2024, despite the fact that Tax Provision is likely to grow to (1 M).
 2021 2022 2023 2024 (projected)
Gross Profit10.1M3.7M3.1M5.6M
Total Revenue27.1M17.6M14.8M23.3M

Dogness International fundamental ratios Correlations

0.35-0.180.990.990.13-0.520.750.530.150.940.380.280.940.56-0.90.54-0.80.650.360.90.630.960.330.060.96
0.350.780.270.250.27-0.130.080.060.020.280.46-0.10.140.59-0.440.08-0.320.28-0.220.250.060.360.14-0.040.36
-0.180.78-0.29-0.3-0.120.28-0.39-0.39-0.33-0.250.10.05-0.330.540.17-0.360.33-0.26-0.28-0.15-0.02-0.08-0.140.18-0.09
0.990.27-0.291.00.21-0.570.790.610.240.950.410.210.940.43-0.910.62-0.840.70.340.870.550.920.34-0.030.93
0.990.25-0.31.00.18-0.540.780.580.230.940.380.230.930.45-0.890.59-0.830.680.370.870.590.920.36-0.010.93
0.130.27-0.120.210.18-0.350.250.560.740.120.48-0.66-0.08-0.44-0.320.54-0.430.5-0.64-0.24-0.53-0.070.27-0.76-0.04
-0.52-0.130.28-0.57-0.54-0.35-0.22-0.72-0.59-0.67-0.56-0.16-0.520.040.47-0.760.47-0.74-0.12-0.34-0.04-0.320.040.02-0.35
0.750.08-0.390.790.780.25-0.220.620.140.640.21-0.030.70.19-0.720.57-0.740.350.230.630.330.680.27-0.420.67
0.530.06-0.390.610.580.56-0.720.620.720.610.55-0.130.49-0.18-0.50.99-0.60.550.070.26-0.090.270.33-0.480.29
0.150.02-0.330.240.230.74-0.590.140.720.250.62-0.250.08-0.42-0.30.76-0.420.6-0.14-0.13-0.34-0.10.48-0.39-0.07
0.940.28-0.250.950.940.12-0.670.640.610.250.480.260.960.42-0.870.63-0.820.740.470.880.490.870.330.10.88
0.380.460.10.410.380.48-0.560.210.550.620.480.070.320.03-0.460.63-0.520.810.050.21-0.240.20.22-0.30.24
0.28-0.10.050.210.23-0.66-0.16-0.03-0.13-0.250.260.070.410.57-0.04-0.040.140.050.570.460.670.34-0.180.710.34
0.940.14-0.330.940.93-0.08-0.520.70.490.080.960.320.410.49-0.840.51-0.770.60.610.960.650.910.30.210.92
0.560.590.540.430.45-0.440.040.19-0.18-0.420.420.030.570.49-0.43-0.14-0.170.020.350.660.80.70.110.560.68
-0.9-0.440.17-0.91-0.89-0.320.47-0.72-0.5-0.3-0.87-0.46-0.04-0.84-0.43-0.510.95-0.71-0.3-0.82-0.43-0.86-0.470.05-0.87
0.540.08-0.360.620.590.54-0.760.570.990.760.630.63-0.040.51-0.14-0.51-0.590.620.10.28-0.060.280.33-0.420.3
-0.8-0.320.33-0.84-0.83-0.430.47-0.74-0.6-0.42-0.82-0.520.14-0.77-0.170.95-0.59-0.75-0.3-0.7-0.2-0.71-0.50.25-0.73
0.650.28-0.260.70.680.5-0.740.350.550.60.740.810.050.60.02-0.710.62-0.750.120.470.010.50.24-0.170.54
0.36-0.22-0.280.340.37-0.64-0.120.230.07-0.140.470.050.570.610.35-0.30.1-0.30.120.640.530.410.230.530.41
0.90.25-0.150.870.87-0.24-0.340.630.26-0.130.880.210.460.960.66-0.820.28-0.70.470.640.750.950.270.340.95
0.630.06-0.020.550.59-0.53-0.040.33-0.09-0.340.49-0.240.670.650.8-0.43-0.06-0.20.010.530.750.760.160.650.74
0.960.36-0.080.920.92-0.07-0.320.680.27-0.10.870.20.340.910.7-0.860.28-0.710.50.410.950.760.270.221.0
0.330.14-0.140.340.360.270.040.270.330.480.330.22-0.180.30.11-0.470.33-0.50.240.230.270.160.27-0.010.27
0.06-0.040.18-0.03-0.01-0.760.02-0.42-0.48-0.390.1-0.30.710.210.560.05-0.420.25-0.170.530.340.650.22-0.010.21
0.960.36-0.090.930.93-0.04-0.350.670.29-0.070.880.240.340.920.68-0.870.3-0.730.540.410.950.741.00.270.21
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Dogness International Account Relationship Matchups

Dogness International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets63.6M93.8M100.8M97.9M99.2M70.3M
Other Current Liab4.3M16.2M2.6M2.0M1.5M1.4M
Total Current Liabilities10.8M21.3M6.5M9.3M8.5M8.4M
Total Stockholder Equity50.9M64.4M88.2M76.3M76.4M54.1M
Net Tangible Assets48.8M62.2M86.1M74.5M85.7M49.2M
Retained Earnings3.2M4.6M7.9M664.0K(5.4M)(5.1M)
Accounts Payable1.0M1.2M1.4M895.7K1.3M909.2K
Cash1.2M4.9M16.6M4.5M7.0M5.2M
Cash And Short Term Investments4.8M5.5M16.7M4.5M7.0M9.9M
Net Receivables2.5M2.9M2.8M2.9M2.9M2.8M
Inventory2.9M4.2M3.4M2.7M3.1M3.7M
Other Current Assets40K1.7M477.2K4.0M3.4M3.5M
Other Stockholder Equity53.2M60.4M84.1M85.7M98.5M103.4M
Total Liab12.0M28.9M12.3M21.5M22.8M16.0M
Short Long Term Debt5.1M1.5M2.1M3.9M3.5M3.6M
Total Current Assets11.6M14.3M23.4M14.0M16.4M19.3M
Short Term Debt5.3M3.7M2.3M6.3M4.5M4.0M
Intangible Assets2.1M2.2M2.1M1.8M1.8M2.1M
Property Plant Equipment48.7M75.0M73.0M79.2M91.1M95.7M
Short Long Term Debt Total6.6M11.4M8.1M18.5M18.8M10.1M
Property Plant And Equipment Net48.7M75.0M73.0M79.2M77.6M51.9M
Current Deferred Revenue152.3K209.5K151.5K121.7K264.8K161.5K
Net Debt5.4M6.4M(8.5M)14.0M11.8M12.4M
Non Current Assets Total51.9M79.6M77.4M83.9M82.8M55.9M
Other Assets115.2K605.7K699.0K1.3M1.5M984.6K
Liabilities And Stockholders Equity63.6M93.8M100.8M97.9M99.2M76.3M
Non Current Liabilities Total1.3M7.7M5.8M12.2M14.3M15.0M
Property Plant And Equipment Gross48.7M84.6M83.9M92.0M105.8M111.1M
Accumulated Other Comprehensive Income(5.6M)(668.8K)(3.9M)(10.1M)(10.2M)(9.7M)
Net Invested Capital56.1M72.4M95.2M81.9M94.2M70.4M
Net Working Capital857.7K(7.0M)16.9M4.7M4.2M7.9M
Long Term Investments1.0M1.7M1.6M1.5M1.7M1.5M

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