DOGZ Stock | | | USD 44.61 1.19 2.60% |
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 Long Term Debt and its Net Debt 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.
Long Term Debt vs Net Debt
Long Term Debt vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dogness International Long Term Debt account and
Net Debt. At this time, the significance of the direction appears to have no relationship.
The correlation between Dogness International's Long Term Debt and Net Debt is 0.0. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Debt 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 Long Term Debt and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Dogness International Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Long Term Debt i.e., Dogness International's Long Term Debt and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.0 |
Relationship Direction | Flat |
Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Dogness International has held for over one year. Long-term debt appears on Dogness International Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Dogness International Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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).
Dogness International fundamental ratios Correlations
Click cells to compare fundamentals
Dogness International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dogness International fundamental ratios Accounts
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