Dogness International Financials

DOGZ Stock  USD 53.24  1.38  2.66%   
Dogness International Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January. At this time, Dogness International's Net Debt is fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 52 M in 2024, whereas Total Assets are likely to drop slightly above 70.3 M in 2024. Key indicators impacting Dogness International's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.06820.0718
Notably Down
Slightly volatile
Current Ratio1.571.9218
Significantly Down
Slightly volatile
Investors should never underestimate Dogness International's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Dogness International's cash flow, debt, and profitability to make informed and accurate decisions about investing in Dogness International Corp.

Net Income

(5.75 Million)

  
Understanding current and past Dogness International Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Dogness International's financial statements are interrelated, with each one affecting the others. For example, an increase in Dogness International's assets may result in an increase in income on the income statement.

Dogness International Corp Earnings Geography

Please note, the imprecision that can be found in Dogness International's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Dogness International Corp. Check Dogness International's Beneish M Score to see the likelihood of Dogness International's management manipulating its earnings.

Dogness International Stock Summary

Dogness International competes with Escalade Incorporated, JAKKS Pacific, Clarus Corp, Six Flags, and Vista Outdoor. Dogness Corporation, through its subsidiaries, designs, manufactures, and sells fashionable products for dogs and cats worldwide. Dogness Corporation was founded in 2003 and is headquartered in Dongguan, the Peoples Republic of China. Dogness Corpora operates under Leisure classification in the United States and is traded on NASDAQ Exchange. It employs 309 people.
Specialization
Consumer Discretionary, Consumer Durables & Apparel
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINVGG2788T1030
CUSIPG2788T103 G2788T111
LocationChina
Business AddressTongsha Industrial Estate,
SectorTextiles, Apparel & Luxury Goods
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewebus.dogness.com/index?lang=en
Phone86 83 3364 6377
CurrencyUSD - US Dollar

Dogness International Key Financial Ratios

Dogness International Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets63.6M93.8M100.8M97.9M99.2M70.3M
Other Current Liab4.3M16.2M2.6M2.0M1.5M1.4M
Net Tangible Assets48.8M62.2M86.1M74.5M85.7M49.2M
Retained Earnings3.2M4.6M7.9M664.0K(5.4M)(5.1M)
Accounts Payable1.0M1.2M1.4M895.7K1.3M909.2K
Cash1.2M4.9M16.6M4.5M7.0M5.2M
Net Receivables2.5M2.9M2.8M2.9M2.9M2.8M
Inventory2.9M4.2M3.4M2.7M3.1M3.7M
Other Current Assets40K1.7M477.2K4.0M3.4M3.5M
Total Liab12.0M28.9M12.3M21.5M22.8M16.0M
Short Long Term Debt5.1M1.5M2.1M3.9M3.5M3.6M
Total Current Assets11.6M14.3M23.4M14.0M16.4M19.3M
Short Term Debt5.3M3.7M2.3M6.3M4.5M4.0M
Intangible Assets2.1M2.2M2.1M1.8M1.8M2.1M
Net Debt5.4M6.4M(8.5M)14.0M11.8M12.4M
Other Assets115.2K605.7K699.0K1.3M1.5M984.6K
Net Invested Capital56.1M72.4M95.2M81.9M94.2M70.4M
Net Working Capital857.7K(7.0M)16.9M4.7M4.2M7.9M

Dogness International Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Tax Provision164.5K641.5K(2.8M)(1.2M)(1.1M)(1.0M)
Interest Expense15.6K264.4K370.1K330.8K207.4K392.2K
Total Revenue19.2M24.3M27.1M17.6M14.8M23.3M
Gross Profit2.4M9.2M10.1M3.7M3.1M5.6M
Operating Income(7.2M)1.9M402.0K(9.5M)(7.5M)(7.2M)
Ebit(7.6M)2.2M402.0K(9.5M)(6.5M)(6.1M)
Research Development1.5M540.6K917.2K931.1K610.4K692.8K
Cost Of Revenue16.8M15.2M17.0M13.9M11.7M15.7M
Income Before Tax(8.4M)1.9M238.3K(8.7M)(6.5M)(6.2M)
Net Income(8.4M)1.5M3.2M(7.2M)(6.1M)(5.8M)
Income Tax Expense164.5K641.5K2.8M1.2M(491.6K)(467.0K)
Net Interest Income15.6K(264.4K)(370.1K)(330.8K)(297.7K)(282.9K)
Ebitda(5.0M)5.7M4.3M(5.2M)(2.5M)(2.4M)
Minority Interest614.7K213.3K219.4K259.2K298.1K244.3K

Dogness International Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Dogness International. It measures of how well Dogness is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Dogness International brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Dogness had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Dogness International has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory1.2M(1.2M)740.3K268.6K(447.6K)(470.0K)
Investments6.9M3.0M495.7K(1.5M)(1.7M)(1.8M)
Change In Cash(1.3M)3.7M11.7M(12.1M)2.5M2.6M
Net Borrowings2.4M4.3M(2.9M)(1.0M)(1.2M)(1.1M)
Free Cash Flow(11.7M)(10.7M)(9.1M)(10.4M)(2.7M)(2.8M)
Depreciation2.6M3.5M3.9M4.3M4.0M2.6M
Other Non Cash Items3.6M(2.8K)309.8K421.8K1.6M1.7M
Capital Expenditures9.4M14.4M15.3M1.5M3.5M3.3M
Net Income(8.5M)1.3M3.0M(7.5M)(6.1M)(5.8M)
End Period Cash Flow1.3M4.9M16.6M4.5M7.0M5.2M
Change To Netincome4.0M(444.7K)(16.2K)747.4K859.5K580.3K

Dogness Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Dogness International's current stock value. Our valuation model uses many indicators to compare Dogness International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dogness International competition to find correlations between indicators driving Dogness International's intrinsic value. More Info.
Dogness International Corp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Dogness International's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Dogness International's earnings, one of the primary drivers of an investment's value.

Dogness International Systematic Risk

Dogness International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Dogness International volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Dogness International correlated with the market. If Beta is less than 0 Dogness International generally moves in the opposite direction as compared to the market. If Dogness International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Dogness International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Dogness International is generally in the same direction as the market. If Beta > 1 Dogness International moves generally in the same direction as, but more than the movement of the benchmark.

Dogness International Thematic Clasifications

Dogness International Corp is part of Recreation investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Recreation industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
RecreationView
This theme covers USA Equities from Recreation industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Dogness International Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Dogness International's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Dogness International growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.66

At this time, Dogness International's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Dogness International December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Dogness International help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Dogness International Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Dogness International Corp based on widely used predictive technical indicators. In general, we focus on analyzing Dogness Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Dogness International's daily price indicators and compare them against related drivers.

Additional Tools for Dogness Stock Analysis

When running Dogness International's price analysis, check to measure Dogness International's 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 Dogness International is operating at the current time. Most of Dogness International's value examination focuses on studying past and present price action to predict the probability of Dogness International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dogness International's price. Additionally, you may evaluate how the addition of Dogness International to your portfolios can decrease your overall portfolio volatility.