Dole Cash vs Other Stockholder Equity Analysis
| DOLE Stock | USD 15.40 0.02 0.13% |
Dole PLC financial indicator trend analysis is much more than just examining Dole PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dole PLC is a good investment. Please check the relationship between Dole PLC Cash and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dole PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Dole Stock refer to our How to Trade Dole Stock guide.
Cash vs Other Stockholder Equity
Cash vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dole PLC Cash account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dole PLC's Cash and Other Stockholder Equity is 0.95. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Dole PLC, assuming nothing else is changed. The correlation between historical values of Dole PLC's Cash and Other Stockholder Equity 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 of Dole PLC are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash i.e., Dole PLC's Cash and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of Dole PLC, which is listed under current asset account on Dole PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Dole PLC customers. The amounts must be unrestricted with restricted cash listed in a different Dole PLC account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Other Stockholder Equity
Most indicators from Dole PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dole PLC 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 Dole PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Dole Stock refer to our How to Trade Dole Stock guide.At present, Dole PLC's Enterprise Value is projected to decrease significantly based on the last few years of reporting.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 97.5M | 109.6M | 104.2M | 77.8M | Interest Income | 3.9M | 6.6M | 9.5M | 5.5M |
Dole PLC fundamental ratios Correlations
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Dole PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dole PLC fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 9.2M | 134.4M | 494.6M | 616.0M | 722.4M | 758.6M | |
| Total Current Liabilities | 666.2M | 689.9M | 1.4B | 1.5B | 1.7B | 1.1B | |
| Other Liab | 85.0M | 83.1M | 447.9M | 364.8M | 419.5M | 221.4M | |
| Net Tangible Assets | 182.6M | 213.4M | 200.9M | 306.4M | 352.4M | 192.3M | |
| Retained Earnings | 418.9M | 460.7M | 413.3M | 469.2M | 562.6M | 442.4M | |
| Accounts Payable | 416.5M | 474.5M | 696.8M | 640.6M | 670.9M | 571.9M | |
| Other Assets | 38.5M | 1K | 52.7M | 195.7M | 225.0M | 236.2M | |
| Net Receivables | 417.3M | 361.7M | 917.4M | 610.4M | 765.2M | 600.0M | |
| Inventory | 114.7M | 141.2M | 410.7M | 436.9M | 378.6M | 261.2M | |
| Other Current Assets | 2.8M | 67.0M | 56.6M | 366.7M | 495.4M | 520.2M | |
| Other Stockholder Equity | 202.6M | 198.2M | 792.2M | 795.1M | 796.8M | 400.9M | |
| Total Current Assets | 677.6M | 730.4M | 1.6B | 1.6B | 1.9B | 1.2B | |
| Common Stock | 4.9M | 4.9M | 950K | 949K | 854.1K | 811.4K | |
| Property Plant Equipment | 288.5M | 304.9M | 1.8B | 1.7B | 2.0B | 2.1B | |
| Common Stock Shares Outstanding | 96.8M | 410.7M | 94.9M | 94.9M | 95.1M | 118.1M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Dole PLC is a strong investment it is important to analyze Dole PLC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dole PLC's future performance. For an informed investment choice regarding Dole Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dole PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Dole Stock refer to our How to Trade Dole Stock guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dole PLC. If investors know Dole will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dole PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.69) | Dividend Share 0.08 | Earnings Share 2.05 | Revenue Per Share 88.263 | Quarterly Revenue Growth 0.01 |
The market value of Dole PLC is measured differently than its book value, which is the value of Dole that is recorded on the company's balance sheet. Investors also form their own opinion of Dole PLC's value that differs from its market value or its book value, called intrinsic value, which is Dole PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dole PLC's market value can be influenced by many factors that don't directly affect Dole PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dole PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dole PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dole PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.