Dundee Short Long Term Debt Total vs Non Currrent Assets Other Analysis

DPM Stock  CAD 13.04  0.21  1.64%   
Dundee Precious financial indicator trend analysis is much more than just examining Dundee Precious Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dundee Precious Metals is a good investment. Please check the relationship between Dundee Precious Short Long Term Debt Total and its Non Currrent Assets Other accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dundee Precious Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Long Term Debt Total vs Non Currrent Assets Other

Short Long Term Debt Total vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dundee Precious Metals Short Long Term Debt Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Dundee Precious' Short Long Term Debt Total and Non Currrent Assets Other is 0.14. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Dundee Precious Metals, assuming nothing else is changed. The correlation between historical values of Dundee Precious' Short Long Term Debt Total 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 Short Long Term Debt Total of Dundee Precious Metals 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 Short Long Term Debt Total i.e., Dundee Precious' Short Long Term Debt Total and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Long Term Debt Total

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 Dundee Precious' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dundee Precious Metals 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 Dundee Precious Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Dundee Precious' Discontinued Operations is very stable compared to the past year. As of the 27th of November 2024, Enterprise Value Over EBITDA is likely to grow to 2.43, while Selling General Administrative is likely to drop about 24.9 M.
 2021 2022 2023 2024 (projected)
Cost Of Revenue377.9M381.7M290.8M249.1M
Depreciation And Amortization96.2M84.2M84.4M57.5M

Dundee Precious fundamental ratios Correlations

0.980.64-0.80.640.830.830.020.590.530.830.280.81-0.410.510.470.480.30.110.510.150.8-0.22-0.080.50.87
0.980.71-0.680.760.80.81-0.010.40.650.810.290.79-0.560.410.590.60.1-0.070.330.130.74-0.3-0.150.320.89
0.640.71-0.370.820.310.3-0.020.080.920.360.080.39-0.810.310.90.9-0.19-0.170.030.060.57-0.36-0.310.070.67
-0.8-0.68-0.37-0.3-0.8-0.77-0.1-0.84-0.26-0.79-0.18-0.70.09-0.64-0.19-0.19-0.59-0.37-0.83-0.18-0.750.11-0.17-0.78-0.58
0.640.760.82-0.30.450.51-0.19-0.120.880.550.170.48-0.850.140.840.84-0.41-0.46-0.09-0.050.51-0.52-0.26-0.080.7
0.830.80.31-0.80.450.97-0.190.560.340.980.450.9-0.280.230.280.280.23-0.020.55-0.050.5-0.360.070.530.73
0.830.810.3-0.770.510.97-0.120.50.350.980.490.89-0.310.290.290.290.17-0.110.520.010.54-0.360.020.460.71
0.02-0.01-0.02-0.1-0.19-0.19-0.120.05-0.05-0.2-0.23-0.260.060.66-0.02-0.020.20.160.010.960.130.52-0.19-0.14-0.25
0.590.40.08-0.84-0.120.560.50.05-0.160.520.110.480.350.58-0.22-0.220.90.730.950.090.640.160.270.950.41
0.530.650.92-0.260.880.340.35-0.05-0.160.40.190.39-0.970.120.990.99-0.46-0.44-0.190.040.34-0.46-0.36-0.180.58
0.830.810.36-0.790.550.980.98-0.20.520.40.460.87-0.340.270.340.340.19-0.070.54-0.040.54-0.40.040.520.78
0.280.290.08-0.180.170.450.49-0.230.110.190.460.45-0.27-0.080.210.21-0.09-0.40.09-0.19-0.1-0.4-0.440.10.36
0.810.790.39-0.70.480.90.89-0.260.480.390.870.45-0.350.20.340.340.09-0.060.44-0.20.56-0.510.220.430.71
-0.41-0.56-0.810.09-0.85-0.28-0.310.060.35-0.97-0.34-0.27-0.350.02-0.98-0.980.650.630.37-0.02-0.160.530.390.37-0.5
0.510.410.31-0.640.140.230.290.660.580.120.27-0.080.20.020.090.090.540.410.580.70.70.240.00.470.27
0.470.590.9-0.190.840.280.29-0.02-0.220.990.340.210.34-0.980.091.0-0.51-0.47-0.260.060.27-0.46-0.38-0.250.55
0.480.60.9-0.190.840.280.29-0.02-0.220.990.340.210.34-0.980.091.0-0.51-0.47-0.260.060.27-0.45-0.38-0.250.55
0.30.1-0.19-0.59-0.410.230.170.20.9-0.460.19-0.090.090.650.54-0.51-0.510.860.840.220.450.480.220.840.13
0.11-0.07-0.17-0.37-0.46-0.02-0.110.160.73-0.44-0.07-0.4-0.060.630.41-0.47-0.470.860.60.140.370.550.480.650.0
0.510.330.03-0.83-0.090.550.520.010.95-0.190.540.090.440.370.58-0.26-0.260.840.60.060.630.090.250.970.34
0.150.130.06-0.18-0.05-0.050.010.960.090.04-0.04-0.19-0.2-0.020.70.060.060.220.140.060.190.48-0.24-0.07-0.06
0.80.740.57-0.750.510.50.540.130.640.340.54-0.10.56-0.160.70.270.270.450.370.630.19-0.040.170.590.61
-0.22-0.3-0.360.11-0.52-0.36-0.360.520.16-0.46-0.4-0.4-0.510.530.24-0.46-0.450.480.550.090.48-0.040.030.03-0.41
-0.08-0.15-0.31-0.17-0.260.070.02-0.190.27-0.360.04-0.440.220.390.0-0.38-0.380.220.480.25-0.240.170.030.27-0.1
0.50.320.07-0.78-0.080.530.46-0.140.95-0.180.520.10.430.370.47-0.25-0.250.840.650.97-0.070.590.030.270.41
0.870.890.67-0.580.70.730.71-0.250.410.580.780.360.71-0.50.270.550.550.130.00.34-0.060.61-0.41-0.10.41
Click cells to compare fundamentals

Dundee Precious Account Relationship Matchups

Dundee Precious fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets784.7M974.9M1.2B1.2B1.3B782.6M
Total Stockholder Equity586.6M798.7M1.0B993.1M1.1B622.0M
Retained Earnings45.0M224.7M412.4M411.8M556.8M584.6M
Other Assets12.4M13.3M17.0M13.2M11.9M11.3M
Net Receivables32.3M76.4M118.7M116.8M94.6M99.4M
Common Stock Total Equity515.5M515.7M522.4M525.2M604.0M388.6M
Common Stock Shares Outstanding180.1M182.4M187.5M191.2M185.4M135.2M
Liabilities And Stockholders Equity784.7M974.9M1.2B1.2B1.3B782.6M
Other Stockholder Equity9.2M7.1M8.6M6.4M6.3M6.0M
Total Liab191.8M169.6M164.0M164.2M169.7M156.7M
Total Current Assets105.0M319.0M513.8M610.9M816.9M857.8M
Common Stock522.4M525.2M585.1M583.0M559.1M434.5M
Other Current Liab6.5M13.6M5.3M70.3M41.1M21.0M
Total Current Liabilities109.6M85.1M85.8M96.9M121.9M64.7M
Net Debt(13.4M)(132.4M)(319.2M)(418.6M)(582.8M)(553.6M)
Accounts Payable15.8M13.1M20.4M22.0M12.3M18.9M
Cash23.4M149.5M334.4M433.2M595.3M625.0M
Cash And Short Term Investments23.4M149.5M334.4M433.2M595.3M625.0M
Non Current Liabilities Total82.2M84.5M78.2M67.3M47.8M45.4M
Accumulated Other Comprehensive Income10.1M41.7M(1.7M)(8.2M)(1.6M)(1.5M)
Short Long Term Debt Total69.5M21.2M15.2M14.6M12.5M11.9M
Non Current Assets Total679.7M655.8M654.6M546.3M473.3M631.5M
Non Currrent Assets Other3.3M3.8M8.3M6.6M4.4M4.2M
Inventory38.0M43.0M49.6M45.8M38.5M38.8M
Other Current Assets5.2M10.8M1.5M5.5M1.1M1.0M
Short Term Debt45.1M4.1M4.4M4.5M3.1M2.9M
Property Plant And Equipment Net567.9M519.8M572.3M476.9M429.1M555.3M
Property Plant And Equipment Gross567.9M519.8M1.1B1.1B1.1B658.2M
Intangible Assets17.5M16.1M17.4M15.5M14.8M17.9M
Other Liab57.8M71.6M67.4M57.2M51.5M61.0M
Net Tangible Assets546.6M782.5M987.1M977.6M1.1B768.9M
Long Term Investments59.4M106.6M48.0M40.8M11.9M11.3M
Property Plant Equipment567.9M519.8M572.3M476.9M429.2M509.3M
Long Term Debt Total24.5M17.1M10.8M10.0M9.0M8.6M
Capital Surpluse9.2M7.1M8.6M6.4M5.8M7.6M
Non Current Liabilities Other15.4M1.2M13.9M3.3M3.0M2.9M
Net Invested Capital596.6M798.7M1.0B993.1M1.1B915.1M

Pair Trading with Dundee Precious

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dundee Precious position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dundee Precious will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dundee Stock

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  0.74ORE Orezone Gold CorpPairCorr

Moving against Dundee Stock

  0.48BRK Berkshire Hathaway CDRPairCorr
  0.36TSLA Tesla Inc CDRPairCorr
The ability to find closely correlated positions to Dundee Precious could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dundee Precious when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dundee Precious - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dundee Precious Metals to buy it.
The correlation of Dundee Precious is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dundee Precious moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dundee Precious Metals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dundee Precious can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Dundee Stock

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