Dividend Net Income vs Other Non Cash Items Analysis

DGS Stock

CAD 7.28 0.02 0.27%

Dividend Growth financial indicator trend analysis is much more than just examining Dividend Growth Split latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dividend Growth Split is a good investment. Please check the relationship between Dividend Growth Net Income and its Other Non Cash Items accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dividend Growth Split. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs Other Non Cash Items

Net Income vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dividend Growth Split Net Income account and Other Non Cash Items. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Dividend Growth's Net Income and Other Non Cash Items is -0.69. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Dividend Growth Split, assuming nothing else is changed. The correlation between historical values of Dividend Growth's Net Income and Other Non Cash Items 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 Income of Dividend Growth Split are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Income i.e., Dividend Growth's Net Income and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.69

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Dividend Growth Split financial statement analysis. It represents the amount of money remaining after all of Dividend Growth Split operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Other Non Cash Items

Most indicators from Dividend Growth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dividend Growth Split 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 Dividend Growth Split. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Dividend Growth's Selling General Administrative is very stable compared to the past year. As of the 11th of December 2024, Enterprise Value Over EBITDA is likely to grow to 13.74, while Tax Provision is likely to drop 0.00.

Dividend Growth fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Net Debt	Cash	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock	Short Long Term Debt Total	Short Term Investments	Net Tangible Assets	Other Assets	Long Term Debt	Short Long Term Debt	Short Term Debt
Total Assets		0.11	0.15	0.95	0.42	0.47	1.0	0.92	0.84	0.62	-0.55	-0.77	0.5	0.35	0.98	0.48	-0.92	0.35	0.94	0.96	0.97	0.66	0.34	0.85	0.88	0.9
Other Current Liab	0.11		1.0	-0.06	0.08	0.48	0.1	0.33	0.15	0.22	-0.14	-0.14	0.24	0.25	0.17	0.76	-0.05	0.25	-0.08	0.17	0.07	-0.29	-0.28	0.32	0.23	0.06
Total Current Liabilities	0.15	1.0		-0.02	0.09	0.54	0.14	0.36	0.21	0.25	-0.15	-0.16	0.29	0.29	0.22	0.78	-0.11	0.29	-0.04	0.23	0.12	-0.25	-0.22	0.37	0.28	0.12
Total Stockholder Equity	0.95	-0.06	-0.02		0.41	0.3	0.96	0.85	0.72	0.61	-0.56	-0.75	0.44	0.37	0.89	0.33	-0.88	0.37	0.99	0.86	0.92	0.76	0.26	0.72	0.74	0.81
Retained Earnings	0.42	0.08	0.09	0.41		0.18	0.42	0.28	0.41	0.35	-0.3	-0.61	0.25	0.29	0.5	0.24	-0.5	0.29	0.46	0.43	0.42	0.15	0.19	0.38	0.36	0.34
Accounts Payable	0.47	0.48	0.54	0.3	0.18		0.46	0.5	0.69	0.32	-0.15	-0.32	0.85	0.56	0.56	0.66	-0.58	0.56	0.35	0.61	0.54	0.3	0.39	0.66	0.55	0.63
Non Current Assets Total	1.0	0.1	0.14	0.96	0.42	0.46		0.92	0.84	0.62	-0.55	-0.77	0.5	0.35	0.97	0.48	-0.92	0.35	0.94	0.96	0.97	0.66	0.34	0.85	0.87	0.9
Net Receivables	0.92	0.33	0.36	0.85	0.28	0.5	0.92		0.77	0.59	-0.64	-0.7	0.5	0.35	0.9	0.63	-0.82	0.35	0.83	0.89	0.89	0.51	0.14	0.82	0.8	0.82
Common Stock Shares Outstanding	0.84	0.15	0.21	0.72	0.41	0.69	0.84	0.77		0.68	-0.46	-0.74	0.65	0.49	0.93	0.5	-0.92	0.48	0.76	0.93	0.89	0.46	0.67	0.86	0.83	0.89
Non Current Liabilities Total	0.62	0.22	0.25	0.61	0.35	0.32	0.62	0.59	0.68		-0.43	-0.64	0.29	0.63	0.66	0.53	-0.69	0.63	0.65	0.64	0.65	0.4	0.48	0.73	0.65	0.55
Other Current Assets	-0.55	-0.14	-0.15	-0.56	-0.3	-0.15	-0.55	-0.64	-0.46	-0.43		0.77	-0.28	-0.28	-0.55	-0.28	0.53	-0.28	-0.52	-0.44	-0.44	-0.13	-0.05	-0.38	-0.37	-0.32
Other Stockholder Equity	-0.77	-0.14	-0.16	-0.75	-0.61	-0.32	-0.77	-0.7	-0.74	-0.64	0.77		-0.45	-0.46	-0.81	-0.4	0.8	-0.46	-0.74	-0.7	-0.69	-0.23	-0.28	-0.61	-0.59	-0.55
Total Liab	0.5	0.24	0.29	0.44	0.25	0.85	0.5	0.5	0.65	0.29	-0.28	-0.45		0.76	0.56	0.43	-0.6	0.76	0.48	0.57	0.55	0.35	0.33	0.5	0.37	0.54
Total Current Assets	0.35	0.25	0.29	0.37	0.29	0.56	0.35	0.35	0.49	0.63	-0.28	-0.46	0.76		0.4	0.46	-0.46	1.0	0.43	0.38	0.4	0.25	0.27	0.44	0.27	0.28
Net Debt	0.98	0.17	0.22	0.89	0.5	0.56	0.97	0.9	0.93	0.66	-0.55	-0.81	0.56	0.4		0.54	-0.95	0.39	0.9	0.98	0.97	0.57	0.44	0.89	0.89	0.92
Cash	0.48	0.76	0.78	0.33	0.24	0.66	0.48	0.63	0.5	0.53	-0.28	-0.4	0.43	0.46	0.54		-0.44	0.46	0.33	0.55	0.47	0.05	-0.07	0.73	0.63	0.45
Non Currrent Assets Other	-0.92	-0.05	-0.11	-0.88	-0.5	-0.58	-0.92	-0.82	-0.92	-0.69	0.53	0.8	-0.6	-0.46	-0.95	-0.44		-0.45	-0.92	-0.93	-0.95	-0.68	-0.53	-0.83	-0.8	-0.91
Cash And Short Term Investments	0.35	0.25	0.29	0.37	0.29	0.56	0.35	0.35	0.48	0.63	-0.28	-0.46	0.76	1.0	0.39	0.46	-0.45		0.43	0.37	0.4	0.25	0.27	0.44	0.27	0.27
Common Stock	0.94	-0.08	-0.04	0.99	0.46	0.35	0.94	0.83	0.76	0.65	-0.52	-0.74	0.48	0.43	0.9	0.33	-0.92	0.43		0.88	0.94	0.78	0.35	0.74	0.73	0.84
Short Long Term Debt Total	0.96	0.17	0.23	0.86	0.43	0.61	0.96	0.89	0.93	0.64	-0.44	-0.7	0.57	0.38	0.98	0.55	-0.93	0.37	0.88		0.98	0.62	0.49	0.91	0.91	0.97
Short Term Investments	0.97	0.07	0.12	0.92	0.42	0.54	0.97	0.89	0.89	0.65	-0.44	-0.69	0.55	0.4	0.97	0.47	-0.95	0.4	0.94	0.98		0.73	0.46	0.87	0.87	0.96
Net Tangible Assets	0.66	-0.29	-0.25	0.76	0.15	0.3	0.66	0.51	0.46	0.4	-0.13	-0.23	0.35	0.25	0.57	0.05	-0.68	0.25	0.78	0.62	0.73		0.38	0.51	0.52	0.73
Other Assets	0.34	-0.28	-0.22	0.26	0.19	0.39	0.34	0.14	0.67	0.48	-0.05	-0.28	0.33	0.27	0.44	-0.07	-0.53	0.27	0.35	0.49	0.46	0.38		0.42	0.42	0.56
Long Term Debt	0.85	0.32	0.37	0.72	0.38	0.66	0.85	0.82	0.86	0.73	-0.38	-0.61	0.5	0.44	0.89	0.73	-0.83	0.44	0.74	0.91	0.87	0.51	0.42		0.97	0.88
Short Long Term Debt	0.88	0.23	0.28	0.74	0.36	0.55	0.87	0.8	0.83	0.65	-0.37	-0.59	0.37	0.27	0.89	0.63	-0.8	0.27	0.73	0.91	0.87	0.52	0.42	0.97		0.89
Short Term Debt	0.9	0.06	0.12	0.81	0.34	0.63	0.9	0.82	0.89	0.55	-0.32	-0.55	0.54	0.28	0.92	0.45	-0.91	0.27	0.84	0.97	0.96	0.73	0.56	0.88	0.89

Click cells to compare fundamentals

Dividend Growth Account Relationship Matchups

Dividend Growth fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	502.6M	427.2M	734.6M	717.0M	669.0M	380.6M
Other Current Liab	(203.4K)	(1.5M)	(220.0K)	(7.1M)	(6.5M)	(6.1M)
Total Current Liabilities	5.0M	1.5M	6.7M	7.1M	13.4M	12.7M
Total Stockholder Equity	170.3M	121.5M	286.0M	228.1M	225.7M	137.6M
Accounts Payable	203.4K	1.5M	220.0K	7.1M	6.5M	6.8M
Non Current Assets Total	499.5M	420.8M	729.2M	711.6M	664.3M	376.6M
Net Receivables	1.8M	1.7M	2.9M	2.8M	2.0M	1.7M
Common Stock Shares Outstanding	36.2M	32.1M	34.5M	47.5M	47.4M	49.7M
Liabilities And Stockholders Equity	502.6M	427.2M	734.6M	717.0M	669.0M	380.6M
Non Current Liabilities Total	327.3M	304.1M	441.7M	7.1M	436.2M	458.1M
Other Current Assets	28.6K	82.7K	13.9K	62.7K	122.9K	153.8K
Total Liab	5.0M	1.5M	6.7M	488.9M	443.3M	465.4M
Total Current Assets	3.1M	6.4M	5.4M	5.3M	669.0M	702.4M
Net Debt	326.0M	299.3M	439.3M	478.7M	433.7M	314.3M
Cash	1.2M	4.7M	2.5M	2.5M	2.5M	3.0M
Non Currrent Assets Other	(499.5M)	(420.8M)	(729.2M)	(711.6M)	(664.3M)	(697.5M)
Cash And Short Term Investments	1.2M	4.7M	2.5M	2.5M	666.8M	700.2M
Common Stock	170.3M	121.5M	286.0M	228.1M	225.7M	183.9M
Short Long Term Debt Total	327.3M	304.1M	441.7M	481.2M	436.2M	346.1M
Short Term Investments	499.5M	420.8M	729.2M	711.6M	664.3M	542.8M
Net Tangible Assets	170.3M	121.5M	286.0M	228.1M	262.3M	201.9M
Other Assets	28.6K	41.3K	13.9K	62.7K	669.0M	702.4M
Long Term Investments	499.5M	420.8M	729.2M	711.6M	664.3M	627.2M

Pair Trading with Dividend Growth

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 Dividend Growth 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 Dividend Growth will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dividend Stock

0.68

BIP-PB

Brookfield Infrastructure

Pair Corr

Moving against Dividend Stock

0.87	VCM	Vecima Networks	Pair Corr
0.43	MOX	Morien Resources Corp	Pair Corr

The ability to find closely correlated positions to Dividend Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dividend Growth 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 Dividend Growth - 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 Dividend Growth Split to buy it.

The correlation of Dividend Growth 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 Dividend Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dividend Growth Split 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 Dividend Growth 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.

Pair Correlation Correlation Matching

Other Information on Investing in Dividend Stock

Balance Sheet is a snapshot of the financial position of Dividend Growth Split at a specified time, usually calculated after every quarter, six months, or one year. Dividend Growth Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dividend Growth 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 Dividend currently owns. An asset can also be divided into two categories, current and non-current.

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Dividend Net Income vs Other Non Cash Items Analysis

Net Income vs Other Non Cash Items

Net Income vs Other Non Cash Items Correlation Analysis

Correlation Coefficient

Net Income

Other Non Cash Items

Dividend Growth fundamental ratios Correlations

Dividend Growth Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dividend Growth fundamental ratios Accounts

Pair Trading with Dividend Growth

Moving together with Dividend Stock

Moving against Dividend Stock

Other Information on Investing in Dividend Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Cash And Short Term Investments	+ 1.0	Total Current Assets
Common Stock	+ 0.99	Total Stockholder Equity
Net Debt	+ 0.98	Total Assets
Short Long Term Debt Total	+ 0.98	Net Debt

Short Term Investments	- 0.95	Non Currrent Assets Other
Non Currrent Assets Other	- 0.95	Net Debt
Short Long Term Debt Total	- 0.93	Non Currrent Assets Other
Common Stock	- 0.92	Non Currrent Assets Other
Non Currrent Assets Other	- 0.92	Common Stock Shares Outstanding
Non Currrent Assets Other	- 0.92	Non Current Assets Total