Dine Change To Inventory vs Other Non Cash Items Analysis
DIN Stock | USD 30.66 0.21 0.69% |
Dine Brands financial indicator trend analysis is much more than just examining Dine Brands Global latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dine Brands Global is a good investment. Please check the relationship between Dine Brands Change To Inventory and its Other Non Cash Items accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dine Brands Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Change To Inventory vs Other Non Cash Items
Change To Inventory vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dine Brands Global Change To Inventory account and Other Non Cash Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Dine Brands' Change To Inventory and Other Non Cash Items is -0.2. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Dine Brands Global, assuming nothing else is changed. The correlation between historical values of Dine Brands' Change To Inventory 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 Change To Inventory of Dine Brands Global 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 Change To Inventory i.e., Dine Brands' Change To Inventory and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Other Non Cash Items
Most indicators from Dine Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dine Brands Global 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 Dine Brands Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. As of the 29th of December 2024, Selling General Administrative is likely to drop to about 188.2 M. In addition to that, Tax Provision is likely to drop to about 20.9 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 375.2M | 377.4M | 396.7M | 263.8M | Total Revenue | 896.2M | 909.4M | 831.1M | 619.6M |
Dine Brands fundamental ratios Correlations
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Dine Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dine Brands fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0B | 2.1B | 2.0B | 1.9B | 1.7B | 1.6B | |
Short Long Term Debt Total | 1.8B | 2.0B | 1.8B | 1.7B | 1.6B | 1.0B | |
Other Current Liab | 220.4M | (6.0B) | (10.3B) | (2.9B) | 140.7M | 147.7M | |
Total Current Liabilities | 357.9M | 348.6M | 410.7M | 470.7M | 460.5M | 483.5M | |
Total Stockholder Equity | (241.8M) | (354.7M) | (242.8M) | (301.1M) | (251.0M) | (238.4M) | |
Property Plant And Equipment Net | 583.4M | 534.1M | 514.8M | 434.4M | 437.1M | 353.5M | |
Net Debt | 1.7B | 1.6B | 1.4B | 1.4B | 1.4B | 954.6M | |
Retained Earnings | 61.7M | (55.6M) | 35.4M | 84.5M | 150.0M | 180.7M | |
Accounts Payable | 40.9M | 37.4M | 56.0M | 52.1M | 36.2M | 33.8M | |
Cash | 116.0M | 383.4M | 361.4M | 269.7M | 146.0M | 88.9M | |
Non Current Assets Total | 1.7B | 1.5B | 1.4B | 1.4B | 1.4B | 1.3B | |
Non Currrent Assets Other | 200.3M | 153.1M | 119.2M | (74.6B) | 44.5M | 46.7M | |
Cash And Short Term Investments | 116.0M | 383.4M | 361.4M | 269.7M | 146.0M | 91.2M | |
Net Receivables | 136.9M | 121.9M | 120.0M | 120.0M | 127.9M | 87.5M | |
Common Stock Shares Outstanding | 17.2M | 16.2M | 16.9M | 15.9M | 15.2M | 15.1M | |
Liabilities And Stockholders Equity | 2.0B | 2.1B | 2.0B | 1.9B | 1.7B | 1.6B | |
Non Current Liabilities Total | 1.9B | 2.1B | 1.8B | 1.7B | 1.5B | 1.3B | |
Inventory | 90.1M | 75.1M | 86.2M | 72.2M | 83.1M | 87.2M | |
Other Current Assets | 3.9M | 81.2M | 93.0M | 90.1M | 83.8M | 88.0M | |
Other Stockholder Equity | (303.6M) | (299.3M) | (278.4M) | (385.8M) | (401.2M) | (381.1M) | |
Total Liab | 2.3B | 2.4B | 2.2B | 2.2B | 2.0B | 1.5B | |
Property Plant And Equipment Gross | 583.3M | 534.1M | 514.8M | 434.4M | 763.0M | 801.2M | |
Total Current Assets | 346.9M | 586.5M | 574.4M | 479.8M | 357.8M | 247.2M | |
Accumulated Other Comprehensive Income | (58K) | (55K) | (59K) | (65K) | (64K) | (67.2K) | |
Short Term Debt | 86.5M | 94.0M | 165.5M | 233.2M | 241.5M | 253.6M | |
Intangible Assets | 575.1M | 549.7M | 539.4M | 597.0M | 586.0M | 408.4M | |
Other Liab | 171.0M | 142.1M | 139.4M | 136.1M | 156.5M | 141.2M | |
Other Assets | 200.3M | 576K | 29K | (39K) | (44.9K) | (42.6K) | |
Long Term Debt | 1.3B | 1.5B | 1.3B | 1.2B | 1.1B | 1.3B | |
Good Will | 345.3M | 343.9M | 251.6M | 254.0M | 254.1M | 418.2M | |
Treasury Stock | (450.6M) | (549.8M) | (556.9M) | (534.6M) | (481.1M) | (457.1M) | |
Property Plant Equipment | 216.4M | 534.1M | 514.8M | 434.4M | 391.0M | 319.4M | |
Current Deferred Revenue | 10.1M | 7.7M | 7.2M | 172.0M | 38.7M | 36.7M | |
Net Tangible Assets | (1.2B) | (1.2B) | (1.0B) | (1.2B) | (1.3B) | (1.4B) | |
Retained Earnings Total Equity | 61.7M | (55.6M) | 35.4M | 84.5M | 76.1M | 112.4M | |
Long Term Debt Total | 1.3B | 1.5B | 1.3B | 1.2B | 1.1B | 1.1B | |
Capital Surpluse | 246.2M | 257.6M | 256.2M | 259.3M | 298.2M | 287.6M |
Pair Trading with Dine Brands
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 Dine Brands 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 Dine Brands will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Dine Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dine Brands 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 Dine Brands - 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 Dine Brands Global to buy it.
The correlation of Dine Brands 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 Dine Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dine Brands Global 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 Dine Brands 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dine Brands Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Hotels, Restaurants & Leisure 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 Dine Brands. If investors know Dine 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 Dine Brands 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 0.046 | Dividend Share 2.04 | Earnings Share 6.01 | Revenue Per Share 54.322 | Quarterly Revenue Growth (0.04) |
The market value of Dine Brands Global is measured differently than its book value, which is the value of Dine that is recorded on the company's balance sheet. Investors also form their own opinion of Dine Brands' value that differs from its market value or its book value, called intrinsic value, which is Dine Brands' 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 Dine Brands' market value can be influenced by many factors that don't directly affect Dine Brands' 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 Dine Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dine Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dine Brands' 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.