DexCom Depreciation And Amortization vs Gross Profit Analysis
DXCM Stock | USD 72.83 1.63 2.19% |
DexCom financial indicator trend analysis is much more than just examining DexCom Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DexCom Inc is a good investment. Please check the relationship between DexCom Depreciation And Amortization and its Gross Profit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DexCom Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Depreciation And Amortization vs Gross Profit
Depreciation And Amortization vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DexCom Inc Depreciation And Amortization account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between DexCom's Depreciation And Amortization and Gross Profit is 0.97. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Gross Profit in the same time period over historical financial statements of DexCom Inc, assuming nothing else is changed. The correlation between historical values of DexCom's Depreciation And Amortization and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of DexCom Inc are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Depreciation And Amortization i.e., DexCom's Depreciation And Amortization and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Gross Profit
Gross profit is a required income statement account that reflects total revenue of DexCom Inc minus its cost of goods sold. It is profit before DexCom operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from DexCom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DexCom Inc 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 DexCom Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, DexCom's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Tax Provision is likely to grow to about 177.3 M, while Issuance Of Capital Stock is likely to drop about 19.7 M.
DexCom fundamental ratios Correlations
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DexCom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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DexCom fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.4B | 4.3B | 4.9B | 5.4B | 6.3B | 6.6B | |
Total Stockholder Equity | 882.6M | 1.8B | 2.3B | 2.1B | 2.1B | 2.2B | |
Net Debt | 699.5M | 1.0B | 769.2M | 1.4B | 2.0B | 2.1B | |
Cash | 446.2M | 817.6M | 1.1B | 642.3M | 566.3M | 594.6M | |
Cash And Short Term Investments | 1.5B | 2.7B | 2.7B | 2.5B | 2.7B | 2.9B | |
Common Stock Shares Outstanding | 369.2M | 390M | 428.8M | 427.5M | 425.5M | 246.4M | |
Liabilities And Stockholders Equity | 2.4B | 4.3B | 4.9B | 5.4B | 6.3B | 6.6B | |
Total Current Assets | 2.0B | 3.4B | 3.7B | 3.7B | 4.4B | 4.6B | |
Other Current Liab | 88.5M | 400.3M | 447.6M | 753.4M | 1.2B | 1.2B | |
Total Current Liabilities | 360.2M | 614.1M | 720.8M | 1.8B | 1.6B | 1.6B | |
Property Plant And Equipment Net | 392.8M | 608.6M | 889.9M | 1.1B | 1.2B | 1.2B | |
Retained Earnings | (695.7M) | (202.1M) | (47.4M) | 479.9M | 1.0B | 1.1B | |
Accounts Payable | 256.4M | 163.3M | 189.4M | 237.9M | 276.4M | 290.2M | |
Non Current Assets Total | 425.6M | 865.7M | 1.2B | 1.7B | 1.8B | 1.9B | |
Non Currrent Assets Other | 14.2M | 21.4M | (4.5M) | 28.1M | 36.5M | 38.3M | |
Other Assets | 14.2M | 237.8M | 220.8M | 369.3M | 424.7M | 445.9M | |
Non Current Liabilities Total | 1.2B | 1.8B | 1.9B | 1.4B | 2.6B | 2.8B | |
Other Current Assets | 30M | 107.8M | 79.3M | 153.7M | 154.7M | 162.4M | |
Other Stockholder Equity | 1.6B | 2.0B | 1.9B | 1.7B | 1.1B | 1.1B | |
Total Liab | 1.5B | 2.5B | 2.6B | 3.3B | 4.2B | 4.4B | |
Property Plant And Equipment Gross | 392.8M | 608.6M | 801.8M | 1.1B | 1.7B | 1.8B | |
Accumulated Other Comprehensive Income | 2.3M | 3.2M | 500K | (11.6M) | (16.7M) | (15.9M) | |
Property Plant Equipment | 321.3M | 515.3M | 889.9M | 1.1B | 1.3B | 1.4B | |
Other Liab | 5.7M | 80.9M | 90M | 68.7M | 79.0M | 83.0M | |
Short Term Investments | 1.1B | 1.9B | 1.7B | 1.8B | 2.2B | 2.3B | |
Short Long Term Debt Total | 1.1B | 1.8B | 1.8B | 2.1B | 2.6B | 2.7B | |
Long Term Debt | 1.1B | 1.7B | 1.7B | 1.2B | 2.4B | 2.6B | |
Net Receivables | 286.3M | 428.5M | 516.6M | 752.2M | 987.5M | 1.0B | |
Inventory | 119.8M | 234.7M | 357.3M | 306.7M | 559.6M | 587.6M | |
Short Term Debt | 13.6M | 33M | 41M | 793.1M | 21.1M | 20.0M | |
Current Deferred Revenue | 1.7M | 2.2M | 2.1M | 10.1M | 18.4M | 19.3M | |
Net Tangible Assets | 864M | 1.8B | 2.2B | 2.1B | 2.5B | 2.6B | |
Good Will | 18.6M | 19.3M | 26.5M | 25.7M | 25.2M | 14.4M | |
Retained Earnings Total Equity | (695.7M) | (202.1M) | (47.4M) | 479.9M | 551.9M | 579.5M | |
Capital Surpluse | 1.7B | 2.1B | 2.5B | 2.3B | 2.6B | 1.5B |
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DexCom Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Health Care Equipment & Supplies 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 DexCom. If investors know DexCom 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 DexCom 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 0.157 | Earnings Share 1.65 | Revenue Per Share 10.089 | Quarterly Revenue Growth 0.02 | Return On Assets 0.0606 |
The market value of DexCom Inc is measured differently than its book value, which is the value of DexCom that is recorded on the company's balance sheet. Investors also form their own opinion of DexCom's value that differs from its market value or its book value, called intrinsic value, which is DexCom'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 DexCom's market value can be influenced by many factors that don't directly affect DexCom'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 DexCom's value and its price as these two are different measures arrived at by different means. Investors typically determine if DexCom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DexCom'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.