Domino’s Inventory vs Non Currrent Assets Other Analysis

DOM Stock   207.60  0.20  0.1%   
Domino’s Pizza financial indicator trend analysis is much more than just examining Dominos Pizza Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dominos Pizza Group is a good investment. Please check the relationship between Domino’s Pizza Inventory and its Non Currrent Assets Other accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dominos Pizza Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Inventory vs Non Currrent Assets Other

Inventory vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dominos Pizza Group Inventory account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Domino’s Pizza's Inventory and Non Currrent Assets Other is 0.55. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Dominos Pizza Group, assuming nothing else is changed. The correlation between historical values of Domino’s Pizza's Inventory and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Dominos Pizza Group are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Inventory i.e., Domino’s Pizza's Inventory and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Inventory

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Domino’s Pizza's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dominos Pizza Group 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 Dominos Pizza Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
The current year's Selling General Administrative is expected to grow to about 163.1 M, whereas Tax Provision is forecasted to decline to about 21.8 M.
 2022 2023 2024 2025 (projected)
Gross Profit273.5M316.2M318.9M334.8M
Total Revenue600.3M679.8M664.5M697.7M

Domino’s Pizza fundamental ratios Correlations

0.970.880.93-0.860.90.96-0.860.140.460.980.920.610.680.19-0.820.980.610.440.890.990.890.870.470.38-0.6
0.970.80.86-0.940.871.0-0.960.10.450.940.970.610.710.21-0.890.990.590.390.870.990.890.870.630.21-0.68
0.880.80.9-0.730.910.79-0.70.010.420.910.730.660.60.32-0.650.840.510.340.820.860.890.680.280.56-0.58
0.930.860.9-0.820.890.86-0.780.330.310.910.770.470.650.17-0.750.90.620.540.770.920.880.810.320.57-0.59
-0.86-0.94-0.73-0.82-0.82-0.950.99-0.19-0.26-0.84-0.9-0.46-0.75-0.190.87-0.94-0.61-0.4-0.73-0.93-0.85-0.79-0.63-0.210.81
0.90.870.910.89-0.820.86-0.790.20.20.950.780.640.670.53-0.690.90.550.470.910.90.940.690.450.52-0.61
0.961.00.790.86-0.950.86-0.960.130.410.940.970.560.720.17-0.890.990.610.40.850.990.880.870.610.22-0.69
-0.86-0.96-0.7-0.780.99-0.79-0.96-0.14-0.34-0.84-0.94-0.5-0.75-0.190.9-0.94-0.58-0.35-0.76-0.93-0.85-0.81-0.68-0.10.76
0.140.10.010.33-0.190.20.13-0.14-0.510.120.02-0.310.040.07-0.040.150.560.790.00.170.10.29-0.220.27-0.2
0.460.450.420.31-0.260.20.41-0.34-0.510.380.530.690.13-0.2-0.460.41-0.03-0.130.430.410.340.480.32-0.15-0.08
0.980.940.910.91-0.840.950.94-0.840.120.380.880.650.660.34-0.780.960.570.410.930.970.930.780.490.45-0.59
0.920.970.730.77-0.90.780.97-0.940.020.530.880.650.710.18-0.880.960.550.350.840.940.830.880.680.04-0.64
0.610.610.660.47-0.460.640.56-0.5-0.310.690.650.650.270.53-0.470.590.110.170.790.580.670.510.530.01-0.26
0.680.710.60.65-0.750.670.72-0.750.040.130.660.710.270.23-0.740.730.350.180.660.720.690.660.470.27-0.44
0.190.210.320.17-0.190.530.17-0.190.07-0.20.340.180.530.23-0.120.210.00.20.550.190.480.040.310.18-0.04
-0.82-0.89-0.65-0.750.87-0.69-0.890.9-0.04-0.46-0.78-0.88-0.47-0.74-0.12-0.87-0.33-0.16-0.75-0.87-0.85-0.77-0.64-0.180.48
0.980.990.840.9-0.940.90.99-0.940.150.410.960.960.590.730.21-0.870.620.430.871.00.90.870.570.3-0.69
0.610.590.510.62-0.610.550.61-0.580.56-0.030.570.550.110.350.0-0.330.620.750.350.630.420.670.00.13-0.76
0.440.390.340.54-0.40.470.4-0.350.79-0.130.410.350.170.180.2-0.160.430.750.290.450.320.630.020.14-0.45
0.890.870.820.77-0.730.910.85-0.760.00.430.930.840.790.660.55-0.750.870.350.290.860.910.710.560.33-0.37
0.990.990.860.92-0.930.90.99-0.930.170.410.970.940.580.720.19-0.871.00.630.450.860.910.870.540.34-0.68
0.890.890.890.88-0.850.940.88-0.850.10.340.930.830.670.690.48-0.850.90.420.320.910.910.710.540.45-0.53
0.870.870.680.81-0.790.690.87-0.810.290.480.780.880.510.660.04-0.770.870.670.630.710.870.710.410.09-0.55
0.470.630.280.32-0.630.450.61-0.68-0.220.320.490.680.530.470.31-0.640.570.00.020.560.540.540.41-0.22-0.39
0.380.210.560.57-0.210.520.22-0.10.27-0.150.450.040.010.270.18-0.180.30.130.140.330.340.450.09-0.22-0.08
-0.6-0.68-0.58-0.590.81-0.61-0.690.76-0.2-0.08-0.59-0.64-0.26-0.44-0.040.48-0.69-0.76-0.45-0.37-0.68-0.53-0.55-0.39-0.08
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Domino’s Pizza Account Relationship Matchups

Domino’s Pizza fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets592.2M522M520.7M512.5M602.9M633.0M
Short Long Term Debt Total470.1M465.1M507.1M515.2M547.4M574.8M
Other Current Liab89.8M71.5M87.1M103.1M92.3M96.9M
Total Current Liabilities131.7M117.8M128.5M143.4M145.1M152.4M
Total Stockholder Equity(8.8M)(58.6M)(112.8M)(134M)(82.2M)(78.1M)
Property Plant And Equipment Net111.2M109.7M117.8M116.9M124.3M130.5M
Net Debt406.7M422.3M476.7M463.1M495.2M520.0M
Retained Earnings(48.2M)(105.4M)(156.6M)(171.1M)(140.8M)(133.8M)
Accounts Payable19.3M21.3M15.2M16.4M23.1M15.0M
Cash63.4M42.8M30.4M52.1M52.2M54.8M
Non Current Assets Total425.1M414.9M373.5M377.8M460.5M483.5M
Non Currrent Assets Other220.4M203.4M225.7M232.1M238.1M250.0M
Cash And Short Term Investments65.4M44.7M30.4M52.1M52.2M54.8M
Net Receivables26.2M26.1M70.3M33.6M51.5M54.1M
Common Stock Shares Outstanding465.4M461.7M436.0M412.3M396.3M383.9M
Liabilities And Stockholders Equity592.2M522M520.7M512.5M602.9M633.0M
Non Current Liabilities Total469.3M462.8M505M503.1M540M567M
Inventory11M10.9M11.6M11.4M9.2M5.6M
Other Current Assets66.5M27.3M34.9M37.6M29.5M19.4M
Other Stockholder Equity46.2M44M40.6M35M56.5M59.3M
Total Liab601M580.6M633.5M646.5M685.1M719.4M
Property Plant And Equipment Gross111.2M109.7M117.8M164.2M175.2M184.0M
Total Current Assets167.1M107.1M147.2M134.7M142.4M149.5M
Accumulated Other Comprehensive Income(9.2M)(500K)1M(2.1M)(1.9M)(2.0M)
Short Term Debt17.8M18.6M20M21.1M22.3M23.4M
Intangible Assets17.2M18.8M18.3M17.1M35.5M37.3M
Long Term Debt243.6M242.5M283.7M284.9M317.7M333.6M
Current Deferred Revenue(64.1M)7.2M300K500K575K603.8K
Short Term Investments2M1.9M(189M)196.6M176.9M185.8M
Capital Lease Obligations226.5M222.6M223.4M230.3M229.7M138.5M

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Other Information on Investing in Domino’s Stock

Balance Sheet is a snapshot of the financial position of Dominos Pizza Group at a specified time, usually calculated after every quarter, six months, or one year. Domino’s Pizza Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Domino’s Pizza 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 Domino’s currently owns. An asset can also be divided into two categories, current and non-current.