DR Net Invested Capital vs Non Current Assets Total Analysis
301177 Stock | 25.30 1.20 4.98% |
DR financial indicator trend analysis is much more than just examining DR Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DR Limited is a good investment. Please check the relationship between DR Net Invested Capital and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in DR Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Net Invested Capital vs Non Current Assets Total
Net Invested Capital vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DR Limited Net Invested Capital account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between DR's Net Invested Capital and Non Current Assets Total is 0.93. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of DR Limited, assuming nothing else is changed. The correlation between historical values of DR's Net Invested Capital and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of DR Limited are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Invested Capital i.e., DR's Net Invested Capital and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from DR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DR Limited 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in DR Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. As of December 2, 2024, Tax Provision is expected to decline to about 41.7 M. In addition to that, Selling General Administrative is expected to decline to about 1.1 B
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.2B | 2.6B | 1.5B | 2.2B | Total Revenue | 4.6B | 3.7B | 2.2B | 3.2B |
DR fundamental ratios Correlations
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DR Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of DR Limited at a specified time, usually calculated after every quarter, six months, or one year. DR Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DR 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 DR currently owns. An asset can also be divided into two categories, current and non-current.