Dover Cash vs Net Receivables Analysis

DOV Stock

USD 204.74 2.25 1.11%

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

For more information on how to buy Dover Stock please use our How to Invest in Dover guide.

Cash vs Net Receivables

Cash vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dover Cash account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.

The correlation between Dover's Cash and Net Receivables is 0.31. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Dover, assuming nothing else is changed. The correlation between historical values of Dover's Cash and Net Receivables 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 Dover are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash i.e., Dover's Cash and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Cash

Cash refers to the most liquid asset of Dover, which is listed under current asset account on Dover balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Dover customers. The amounts must be unrestricted with restricted cash listed in a different Dover 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.

Net Receivables

Most indicators from Dover's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dover 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 Dover. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Dover Stock please use our How to Invest in Dover guide.At this time, Dover's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 15.15 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.6 B in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	3.0B	3.1B	3.1B	2.1B
Total Revenue	7.9B	8.5B	8.4B	5.8B

Gross Profit Total Revenue

Dover fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.76	0.95	0.84	0.91	0.95	0.61	0.7	0.41	0.99	0.44	0.41	0.97	-0.8	0.92	0.86	0.28	-0.53	0.95	0.95	0.42	0.88	0.77	0.35	0.46	0.46
Short Long Term Debt Total	0.76		0.75	0.82	0.55	0.67	0.96	0.94	0.01	0.77	0.29	0.02	0.81	-0.93	0.75	0.72	0.6	-0.86	0.82	0.67	0.46	0.76	0.77	0.56	0.67	0.88
Other Current Liab	0.95	0.75		0.77	0.82	0.92	0.6	0.66	0.46	0.95	0.6	0.46	0.92	-0.8	0.94	0.73	0.23	-0.51	0.93	0.89	0.32	0.84	0.76	0.21	0.39	0.49
Total Current Liabilities	0.84	0.82	0.77		0.62	0.7	0.78	0.74	0.03	0.84	0.32	0.03	0.89	-0.8	0.76	0.9	0.33	-0.72	0.9	0.78	0.68	0.69	0.87	0.54	0.53	0.54
Total Stockholder Equity	0.91	0.55	0.82	0.62		0.95	0.36	0.57	0.63	0.87	0.36	0.63	0.83	-0.55	0.71	0.75	0.31	-0.25	0.72	0.93	0.36	0.83	0.47	0.37	0.42	0.33
Property Plant And Equipment Net	0.95	0.67	0.92	0.7	0.95		0.49	0.64	0.55	0.94	0.49	0.55	0.9	-0.68	0.83	0.75	0.24	-0.38	0.83	0.93	0.35	0.88	0.61	0.31	0.38	0.45
Net Debt	0.61	0.96	0.6	0.78	0.36	0.49		0.9	-0.27	0.65	0.21	-0.26	0.7	-0.89	0.65	0.67	0.57	-0.92	0.74	0.49	0.44	0.63	0.77	0.59	0.69	0.87
Retained Earnings	0.7	0.94	0.66	0.74	0.57	0.64	0.9		0.0	0.69	0.24	0.01	0.76	-0.89	0.63	0.76	0.75	-0.89	0.71	0.67	0.32	0.63	0.72	0.76	0.78	0.93
Cash	0.41	0.01	0.46	0.03	0.63	0.55	-0.27	0.0		0.34	0.24	1.0	0.31	0.0	0.26	0.1	0.03	0.33	0.19	0.57	0.05	0.36	-0.09	-0.18	-0.15	-0.07
Non Current Assets Total	0.99	0.77	0.95	0.84	0.87	0.94	0.65	0.69	0.34		0.46	0.34	0.96	-0.82	0.94	0.85	0.24	-0.55	0.96	0.91	0.41	0.89	0.78	0.32	0.46	0.47
Non Currrent Assets Other	0.44	0.29	0.6	0.32	0.36	0.49	0.21	0.24	0.24	0.46		0.23	0.36	-0.38	0.47	0.24	-0.21	-0.2	0.44	0.34	0.08	0.39	0.31	-0.08	0.05	0.26
Cash And Short Term Investments	0.41	0.02	0.46	0.03	0.63	0.55	-0.26	0.01	1.0	0.34	0.23		0.31	0.0	0.25	0.09	0.04	0.33	0.18	0.57	0.05	0.36	-0.09	-0.17	-0.14	-0.06
Net Receivables	0.97	0.81	0.92	0.89	0.83	0.9	0.7	0.76	0.31	0.96	0.36	0.31		-0.86	0.91	0.9	0.33	-0.64	0.96	0.94	0.44	0.82	0.85	0.42	0.49	0.54
Common Stock Shares Outstanding	-0.8	-0.93	-0.8	-0.8	-0.55	-0.68	-0.89	-0.89	0.0	-0.82	-0.38	0.0	-0.86		-0.86	-0.78	-0.49	0.9	-0.89	-0.71	-0.26	-0.67	-0.88	-0.47	-0.62	-0.79
Non Current Liabilities Total	0.92	0.75	0.94	0.76	0.71	0.83	0.65	0.63	0.26	0.94	0.47	0.25	0.91	-0.86		0.74	0.14	-0.59	0.97	0.81	0.23	0.8	0.84	0.14	0.34	0.44
Inventory	0.86	0.72	0.73	0.9	0.75	0.75	0.67	0.76	0.1	0.85	0.24	0.09	0.9	-0.78	0.74		0.38	-0.68	0.85	0.85	0.49	0.66	0.8	0.67	0.57	0.5
Other Current Assets	0.28	0.6	0.23	0.33	0.31	0.24	0.57	0.75	0.03	0.24	-0.21	0.04	0.33	-0.49	0.14	0.38		-0.6	0.22	0.36	0.14	0.26	0.28	0.72	0.84	0.73
Other Stockholder Equity	-0.53	-0.86	-0.51	-0.72	-0.25	-0.38	-0.92	-0.89	0.33	-0.55	-0.2	0.33	-0.64	0.9	-0.59	-0.68	-0.6		-0.68	-0.45	-0.22	-0.38	-0.82	-0.64	-0.7	-0.83
Total Liab	0.95	0.82	0.93	0.9	0.72	0.83	0.74	0.71	0.19	0.96	0.44	0.18	0.96	-0.89	0.97	0.85	0.22	-0.68		0.84	0.42	0.8	0.9	0.3	0.43	0.51
Total Current Assets	0.95	0.67	0.89	0.78	0.93	0.93	0.49	0.67	0.57	0.91	0.34	0.57	0.94	-0.71	0.81	0.85	0.36	-0.45	0.84		0.42	0.78	0.67	0.41	0.44	0.43
Short Term Debt	0.42	0.46	0.32	0.68	0.36	0.35	0.44	0.32	0.05	0.41	0.08	0.05	0.44	-0.26	0.23	0.49	0.14	-0.22	0.42	0.42		0.5	0.26	0.32	0.28	0.24
Intangible Assets	0.88	0.76	0.84	0.69	0.83	0.88	0.63	0.63	0.36	0.89	0.39	0.36	0.82	-0.67	0.8	0.66	0.26	-0.38	0.8	0.78	0.5		0.54	0.28	0.39	0.51
Accounts Payable	0.77	0.77	0.76	0.87	0.47	0.61	0.77	0.72	-0.09	0.78	0.31	-0.09	0.85	-0.88	0.84	0.8	0.28	-0.82	0.9	0.67	0.26	0.54		0.4	0.46	0.54
Property Plant And Equipment Gross	0.35	0.56	0.21	0.54	0.37	0.31	0.59	0.76	-0.18	0.32	-0.08	-0.17	0.42	-0.47	0.14	0.67	0.72	-0.64	0.3	0.41	0.32	0.28	0.4		0.71	0.66
Common Stock Total Equity	0.46	0.67	0.39	0.53	0.42	0.38	0.69	0.78	-0.15	0.46	0.05	-0.14	0.49	-0.62	0.34	0.57	0.84	-0.7	0.43	0.44	0.28	0.39	0.46	0.71		0.66
Common Stock	0.46	0.88	0.49	0.54	0.33	0.45	0.87	0.93	-0.07	0.47	0.26	-0.06	0.54	-0.79	0.44	0.5	0.73	-0.83	0.51	0.43	0.24	0.51	0.54	0.66	0.66

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Dover Account Relationship Matchups

Dover fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.7B	9.2B	10.4B	10.9B	11.3B	6.5B
Short Long Term Debt Total	3.1B	3.2B	3.1B	3.7B	3.7B	3.9B
Other Current Liab	637.9M	651.2M	658.4M	604.6M	658.5M	500.6M
Total Current Liabilities	1.7B	1.7B	2.3B	2.8B	2.4B	1.4B
Total Stockholder Equity	3.0B	3.4B	4.2B	4.3B	5.1B	3.0B
Property Plant And Equipment Net	842.3M	897.3M	957.3M	1.0B	1.0B	749.7M
Net Debt	2.7B	2.6B	2.7B	3.3B	3.3B	3.4B
Retained Earnings	8.2B	8.6B	9.4B	10.2B	11.0B	11.5B
Cash	397.3M	513.1M	385.5M	380.9M	398.6M	403.0M
Non Current Assets Total	6.1B	6.5B	7.3B	7.5B	8.0B	4.3B
Non Currrent Assets Other	440.4M	479.2M	466.3M	89.9M	214.5M	200.6M
Cash And Short Term Investments	397.3M	513.1M	385.5M	380.9M	398.6M	420.8M
Net Receivables	1.2B	1.1B	1.3B	1.5B	1.4B	958.3M
Common Stock Shares Outstanding	147.0M	145.4M	145.3M	143.6M	140.6M	161.7M
Liabilities And Stockholders Equity	8.7B	9.2B	10.4B	10.9B	11.3B	6.5B
Non Current Liabilities Total	3.9B	4.0B	4.0B	3.8B	3.8B	2.1B
Inventory	806.1M	835.8M	1.2B	1.4B	1.2B	702.4M
Other Current Assets	127.8M	133.1M	137.6M	159.1M	334.2M	350.9M
Other Stockholder Equity	(5.2B)	(5.3B)	(5.4B)	(5.9B)	(5.9B)	(5.6B)
Total Liab	5.6B	5.8B	6.2B	6.6B	6.2B	3.5B
Total Current Assets	2.5B	2.6B	3.1B	3.4B	3.4B	2.2B
Short Term Debt	84.7M	48.8M	148.8M	778.4M	517.1M	318.1M
Intangible Assets	1.1B	1.1B	1.4B	1.3B	1.5B	1.2B
Accounts Payable	983.3M	853.9M	1.1B	1.1B	958.5M	549.0M
Property Plant And Equipment Gross	842.3M	897.3M	2.5B	2.6B	2.7B	2.8B
Accumulated Other Comprehensive Income	(216.0M)	(153.3M)	(154.1M)	(266.2M)	(237.9M)	(249.8M)
Common Stock Total Equity	258.6M	259.0M	259.5M	259.6M	298.6M	273.9M
Common Stock	258.6M	259.0M	259.5M	259.6M	259.8M	274.4M
Other Liab	771.8M	918.7M	945.0M	722.4M	830.8M	712.8M
Other Assets	285.3M	479.2M	44.3M	624.1M	717.7M	391.5M
Long Term Debt	3.0B	3.1B	3.0B	2.9B	3.0B	2.3B
Good Will	3.8B	4.1B	4.6B	4.7B	4.9B	3.8B
Treasury Stock	(6.1B)	(6.2B)	(6.2B)	(6.8B)	(6.1B)	(5.8B)
Property Plant Equipment	842.3M	897.3M	957.3M	1.0B	1.2B	970.8M
Current Deferred Revenue	44.0M	184.8M	227.5M	256.9M	211.3M	148.7M
Retained Earnings Total Equity	8.2B	8.6B	9.4B	10.2B	11.8B	7.6B
Deferred Long Term Liab	322.0M	298.4M	364.1M	375.2M	431.4M	422.8M
Net Tangible Assets	(1.8B)	(1.8B)	(1.7B)	(1.7B)	(1.5B)	(1.6B)

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