Dorian Cost Of Revenue vs Non Operating Income Net Other Analysis
LPG Stock | USD 24.38 0.23 0.93% |
Dorian LPG financial indicator trend analysis is much more than just examining Dorian LPG latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dorian LPG is a good investment. Please check the relationship between Dorian LPG Cost Of Revenue and its Non Operating Income Net Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Dorian LPG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Dorian Stock please use our How to Invest in Dorian LPG guide.
Cost Of Revenue vs Non Operating Income Net Other
Cost Of Revenue vs Non Operating Income Net Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dorian LPG Cost Of Revenue account and Non Operating Income Net Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dorian LPG's Cost Of Revenue and Non Operating Income Net Other is -0.44. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Dorian LPG, assuming nothing else is changed. The correlation between historical values of Dorian LPG's Cost Of Revenue and Non Operating Income Net 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 Cost Of Revenue of Dorian LPG are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Cost Of Revenue i.e., Dorian LPG's Cost Of Revenue and Non Operating Income Net Other go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cost Of Revenue
Cost of Revenue is found on Dorian LPG income statement and represents the costs associated with goods and services Dorian LPG provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Non Operating Income Net Other
Most indicators from Dorian LPG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dorian LPG 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Dorian LPG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Dorian Stock please use our How to Invest in Dorian LPG guide.At this time, Dorian LPG's Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years. The Dorian LPG's current Enterprise Value is estimated to increase to about 2.3 B, while Selling General Administrative is projected to decrease to roughly 25.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 113.0M | 228.0M | 365.2M | 383.5M | Total Revenue | 274.2M | 389.7M | 560.7M | 588.8M |
Dorian LPG fundamental ratios Correlations
Click cells to compare fundamentals
Dorian LPG Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dorian LPG fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Liab | 1.2M | 1.2M | 1.5M | 1.7M | 1.5M | 1.4M | |
Long Term Debt | 581.9M | 539.7M | 590.7M | 604.3M | 551.5M | 526.3M | |
Property Plant Equipment | 1.4B | 1.4B | 1.3B | 1.3B | 1.5B | 1.2B | |
Common Stock Shares Outstanding | 54.1M | 49.8M | 40.4M | 40.2M | 40.5M | 38.4M | |
Net Tangible Assets | 977.1M | 946.8M | 920.2M | 873.8M | 1.0B | 1.0B | |
Non Current Assets Total | 35.6M | 1.5B | 1.4B | 1.3B | 1.5B | 1.2B | |
Non Currrent Assets Other | (1.5B) | 44.5M | 7.0M | 25.5M | 44.7M | 46.9M | |
Common Stock Total Equity | 590.8K | 510.7K | 513.2K | 516.3K | 464.7K | 442.8K | |
Other Stockholder Equity | 827.1M | 1.1B | 656.9M | 638.9M | 645.9M | 648.2M | |
Deferred Long Term Liab | 2.0M | 9.2M | 3.5M | 9.8M | 8.9M | 5.8M | |
Long Term Investments | 34.1M | 26.2M | 23.1M | 26.3M | 11.4M | 0.0 | |
Property Plant And Equipment Gross | 1.5B | 1.4B | 1.3B | 1.3B | 1.9B | 1.5B | |
Short Long Term Debt | 53.1M | 51.8M | 72.1M | 53.1M | 54.1M | 51.2M | |
Total Current Assets | 30.8M | 139.6M | 153.3M | 307.9M | 368.9M | 190.4M | |
Retained Earnings Total Equity | 196.8M | 289.4M | 280.8M | 231.8M | 266.6M | 190.9M | |
Long Term Debt Total | 581.9M | 539.7M | 590.7M | 604.3M | 694.9M | 645.5M | |
Capital Surpluse | 866.8M | 756.8M | 760.1M | 764.4M | 687.9M | 659.2M |
Currently Active Assets on Macroaxis
When determining whether Dorian LPG is a strong investment it is important to analyze Dorian LPG'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 Dorian LPG's future performance. For an informed investment choice regarding Dorian Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Dorian LPG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Dorian Stock please use our How to Invest in Dorian LPG guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Oil & Gas Storage & Transportation 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 Dorian LPG. If investors know Dorian 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 Dorian LPG 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 (0.88) | Dividend Share 4 | Earnings Share 5.81 | Revenue Per Share 12.159 | Quarterly Revenue Growth (0.43) |
The market value of Dorian LPG is measured differently than its book value, which is the value of Dorian that is recorded on the company's balance sheet. Investors also form their own opinion of Dorian LPG's value that differs from its market value or its book value, called intrinsic value, which is Dorian LPG'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 Dorian LPG's market value can be influenced by many factors that don't directly affect Dorian LPG'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 Dorian LPG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dorian LPG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dorian LPG'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.