Dorchester Historical Financial Ratios
| DMLP Stock | USD 33.60 0.14 0.41% |
Dorchester Minerals is recently reporting on over 102 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 7.76 or Days Sales Outstanding of 48.55 will help investors to properly organize and evaluate Dorchester Minerals financial condition quickly.
Dorchester |
About Dorchester Financial Ratios Analysis
Dorchester MineralsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Dorchester Minerals investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Dorchester financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Dorchester Minerals history.
Dorchester Minerals Financial Ratios Chart
Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Dorchester Minerals stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Dorchester Minerals sales, a figure that is much harder to manipulate than other Dorchester Minerals LP multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Dorchester Minerals LP dividend as a percentage of Dorchester Minerals stock price. Dorchester Minerals dividend yield is a measure of Dorchester Minerals stock productivity, which can be interpreted as interest rate earned on an Dorchester Minerals investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most ratios from Dorchester Minerals' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Dorchester Minerals current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Dorchester Minerals LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Dorchester Minerals' Payables Turnover is relatively stable compared to the past year. As of 11/25/2024, POCF Ratio is likely to grow to 13.33, while Book Value Per Share is likely to drop 4.52.
| 2021 | 2024 (projected) | Dividend Yield | 0.0777 | 0.0751 | Price To Sales Ratio | 7.43 | 11.06 |
Dorchester Minerals fundamentals Correlations
Click cells to compare fundamentals
Dorchester Minerals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dorchester Minerals fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 8.45 | 8.06 | 7.43 | 6.59 | 7.54 | 11.06 | |
| Ptb Ratio | 5.93 | 4.47 | 4.87 | 6.57 | 6.66 | 7.76 | |
| Days Sales Outstanding | 59.95 | 54.36 | 71.71 | 46.4 | 50.54 | 48.55 | |
| Book Value Per Share | 3.29 | 2.44 | 4.06 | 4.56 | 4.78 | 4.52 | |
| Pb Ratio | 5.93 | 4.47 | 4.87 | 6.57 | 6.66 | 7.76 | |
| Ev To Sales | 8.29 | 7.87 | 7.14 | 6.36 | 7.26 | 10.75 | |
| Roic | 0.35 | 0.25 | 0.48 | 0.73 | 0.76 | 0.65 | |
| Net Income Per Share | 1.55 | 0.63 | 2.0 | 3.47 | 2.85 | 2.99 | |
| Payables Turnover | 9.72 | 11.15 | 7.19 | 10.21 | 9.18 | 11.75 | |
| Pocfratio | 10.07 | 9.6 | 9.87 | 7.66 | 8.83 | 13.33 | |
| Pfcf Ratio | 10.07 | 9.6 | 9.87 | 7.66 | 8.83 | 13.52 | |
| Days Payables Outstanding | 37.55 | 32.72 | 50.77 | 35.74 | 39.75 | 52.29 | |
| Income Quality | 1.16 | 1.25 | 1.8 | 1.0 | 1.13 | 0.99 | |
| Ev To Operating Cash Flow | 9.88 | 9.37 | 9.49 | 7.39 | 8.5 | 12.93 | |
| Pe Ratio | 12.62 | 17.3 | 9.89 | 8.62 | 11.18 | 11.58 | |
| Return On Tangible Assets | 0.45 | 0.25 | 0.48 | 0.74 | 0.58 | 0.51 | |
| Ev To Free Cash Flow | 9.88 | 9.37 | 9.49 | 7.39 | 8.5 | 13.1 | |
| Current Ratio | 11.97 | 9.7 | 16.65 | 18.31 | 15.6 | 14.82 | |
| Tangible Book Value Per Share | 3.29 | 2.44 | 4.06 | 4.56 | 4.78 | 4.52 | |
| Receivables Turnover | 6.09 | 6.71 | 5.09 | 7.87 | 7.22 | 7.25 | |
| Graham Number | 10.7 | 5.88 | 13.53 | 18.87 | 17.5 | 9.37 | |
| Shareholders Equity Per Share | 3.29 | 2.44 | 4.06 | 4.56 | 4.78 | 3.38 | |
| Graham Net Net | 0.5 | 0.37 | 1.07 | 1.2 | 1.51 | 0.86 |
Pair Trading with Dorchester Minerals
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 Dorchester Minerals 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 Dorchester Minerals will appreciate offsetting losses from the drop in the long position's value.Moving together with Dorchester Stock
| 0.64 | AR | Antero Resources Corp | PairCorr |
| 0.68 | EP | Empire Petroleum Corp | PairCorr |
| 0.96 | LB | LandBridge Company Downward Rally | PairCorr |
| 0.73 | PR | Permian Resources Aggressive Push | PairCorr |
Moving against Dorchester Stock
| 0.84 | BRN | Barnwell Industries | PairCorr |
| 0.64 | BRY | Berry Petroleum Corp | PairCorr |
| 0.52 | APA | APA Corporation | PairCorr |
| 0.43 | DVN | Devon Energy | PairCorr |
| 0.41 | SD | SandRidge Energy | PairCorr |
The ability to find closely correlated positions to Dorchester Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dorchester Minerals 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 Dorchester Minerals - 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 Dorchester Minerals LP to buy it.
The correlation of Dorchester Minerals 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 Dorchester Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dorchester Minerals 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 Dorchester Minerals 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.Additional Tools for Dorchester Stock Analysis
When running Dorchester Minerals' price analysis, check to measure Dorchester Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dorchester Minerals is operating at the current time. Most of Dorchester Minerals' value examination focuses on studying past and present price action to predict the probability of Dorchester Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorchester Minerals' price. Additionally, you may evaluate how the addition of Dorchester Minerals to your portfolios can decrease your overall portfolio volatility.