DLTR Stock | | | USD 75.99 0.20 0.26% |
Dollar Tree financial indicator trend analysis is much more than just examining Dollar Tree latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dollar Tree is a good investment. Please check the relationship between Dollar Tree Stock Based Compensation and its Depreciation accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dollar Tree. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
To learn how to invest in Dollar Stock, please use our
How to Invest in Dollar Tree guide.
Stock Based Compensation vs Depreciation
Stock Based Compensation vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dollar Tree Stock Based Compensation account and
Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dollar Tree's Stock Based Compensation and Depreciation is 0.94. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Depreciation in the same time period over historical financial statements of Dollar Tree, assuming nothing else is changed. The correlation between historical values of Dollar Tree's Stock Based Compensation and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Dollar Tree are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Stock Based Compensation i.e., Dollar Tree's Stock Based Compensation and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Depreciation
Depreciation indicates how much of Dollar Tree value has been used up. For tax purposes Dollar Tree can deduct the cost of the tangible assets it purchases as business expenses. However, Dollar Tree must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Dollar Tree's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dollar Tree 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 Dollar Tree. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
To learn how to invest in Dollar Stock, please use our
How to Invest in Dollar Tree guide.At this time, Dollar Tree's
Selling General Administrative is relatively stable compared to the past year. As of 12/28/2024,
Enterprise Value Over EBITDA is likely to grow to 7.69, while
Tax Provision is likely to drop slightly above 9.2
M.
Dollar Tree fundamental ratios Correlations
Click cells to compare fundamentals
Dollar Tree Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dollar Tree fundamental ratios Accounts
Additional Tools for Dollar Stock Analysis
When running Dollar Tree's price analysis, check to
measure Dollar Tree'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 Dollar Tree is operating at the current time. Most of Dollar Tree's value examination focuses on studying past and present price action to
predict the probability of Dollar Tree's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dollar Tree's price. Additionally, you may evaluate how the addition of Dollar Tree to your portfolios can decrease your overall portfolio volatility.