Dolby Laboratories Financials

DLB Stock  USD 78.32  0.12  0.15%   
Based on the key indicators related to Dolby Laboratories' liquidity, profitability, solvency, and operating efficiency, Dolby Laboratories is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At present, Dolby Laboratories' Cash is projected to increase significantly based on the last few years of reporting. The current year's Cash And Short Term Investments is expected to grow to about 746.4 M, whereas Total Assets are forecasted to decline to about 2 B. Key indicators impacting Dolby Laboratories' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.150.2831
Way Down
Pretty Stable
Return On Assets0.06840.116
Way Down
Slightly volatile
Return On Equity0.0820.1456
Way Down
Pretty Stable
Debt Equity Ratio0.02270.019
Fairly Up
Slightly volatile
Operating Income250.2 M258.3 M
Sufficiently Down
Pretty Stable
Current Ratio4.722.8586
Way Up
Slightly volatile
Investors should never underestimate Dolby Laboratories' 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 Dolby Laboratories' cash flow, debt, and profitability to make informed and accurate decisions about investing in Dolby Laboratories.

Cash And Equivalents

907.62 Million

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

Dolby Laboratories Earnings Geography

Please note, the presentation of Dolby Laboratories' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Dolby Laboratories' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Dolby Laboratories' management manipulating its earnings.

Dolby Laboratories Stock Summary

Dolby Laboratories competes with Maximus, Network 1, First Advantage, BrightView Holdings, and Civeo Corp. Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment and communications at the cinema, DTV, transmissions and devices, mobile devices, OTT video and music services, and home entertainment devices. Dolby Laboratories, Inc. was founded in 1965 and is headquartered in San Francisco, California. Dolby Laboratories operates under Information Technology Services classification in the United States and is traded on New York Stock Exchange. It employs 2368 people.
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS25659T1079
CUSIP25659T107
LocationCalifornia; U.S.A
Business Address1275 Market Street,
SectorElectronic Equipment, Instruments & Components
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.dolby.com
Phone415 558 0200
CurrencyUSD - US Dollar

Dolby Laboratories Key Financial Ratios

Dolby Laboratories Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.9B3.1B2.7B3.0B3.1B2.0B
Net Debt(990.7M)(1.2B)(569.2M)(694.7M)(435.1M)(456.8M)
Cash1.1B1.2B620.1M745.4M482.0M588.8M
Total Current Assets1.5B1.8B1.3B1.5B1.2B1.0B
Other Current Liab207.4M244.9M216.1M330.5M379.2M398.1M
Other Liab146.5M129.0M123.3M148.3M170.6M93.7M
Retained Earnings2.4B2.6B2.3B2.4B2.5B1.6B
Accounts Payable12.6M17.8M14.2M20.9M17.4M23.7M
Other Assets210.1M217.3M238.7M296.5M341.0M358.1M
Net Receivables341.7M414.9M419.7M444.4M315.5M161.5M
Good Will489.4M340.7M365.1M408.4M533.2M295.2M
Inventory25.6M11.0M23.5M35.6M33.7M20.7M
Other Current Assets53.0M62.7M23.2M50.7M363.2M381.3M
Total Liab478.9M501.5M438.5M607.6M623.0M343.4M
Short Term Debt15.8M15.4M13.3M13.6M12.2M12.8M
Intangible Assets152.4M122.9M112.3M167.4M434.5M456.2M
Net Tangible Assets1.9B2.1B1.8B1.8B2.0B1.7B

Dolby Laboratories Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense186K479K394K161K34.1M35.8M
Total Revenue1.2B1.3B1.3B1.0B1.3B860.5M
Gross Profit1.0B1.2B1.1B892.2M1.1B790.3M
Operating Income218.7M344.4M206.6M219.2M258.3M250.2M
Ebit218.7M344.4M206.6M219.2M171.0M248.1M
Research Development239.0M253.6M261.2M201.1M263.7M156.8M
Ebitda332.6M464.1M329.9M219.2M258.3M309.4M
Cost Of Revenue146.5M130.0M141.4M117.0M140.5M109.8M
Income Before Tax239.7M354.5M215.3M241.0M312.5M251.2M
Net Income231.4M310.2M184.1M191.5M360.6M197.3M
Income Tax Expense8.1M36.7M31.4M(49.3M)(48.2M)(45.8M)
Minority Interest256K7.6M189K(988K)(2.5M)(2.4M)
Tax Provision8.1M36.7M31.4M48.4M48.2M50.6M
Interest Income11.2M3.5M6.2M22.3M25.7M12.9M
Net Interest Income12.5M3.0M6.2M28.1M34.1M17.4M

Dolby Laboratories Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(11.8M)17.2M(11.8M)(2.4M)(2.7M)(2.8M)
Change In Cash274.4M153.1M(604.7M)170.8M(240.2M)(228.2M)
Free Cash Flow274.9M393.3M259.1M259.9M297.2M237.1M
Depreciation90.9M112.8M103.6M71.3M87.3M57.8M
Other Non Cash Items21.0M(20.8M)1.9M(6.9M)(18.8M)(17.8M)
Capital Expenditures69.0M54.5M59.5M22.2M30.0M28.5M
Net Income231.6M317.8M183.9M191.7M261.8M210.3M
End Period Cash Flow1.1B1.2B628.4M799.2M577.8M623.6M
Change To Netincome100.0M40.4M87.1M112.9M129.8M136.3M
Investments203.4M(2.3M)(198.3M)54.2M(286.3M)(272.0M)
Dividends Paid88.6M89.2M100.1M77.6M(114.6M)(108.9M)

Dolby Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Dolby Laboratories's current stock value. Our valuation model uses many indicators to compare Dolby Laboratories value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dolby Laboratories competition to find correlations between indicators driving Dolby Laboratories's intrinsic value. More Info.
Dolby Laboratories is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about  0.58  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Dolby Laboratories is roughly  1.73 . At present, Dolby Laboratories' Return On Equity is projected to slightly decrease based on the last few years of reporting. 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 Dolby Laboratories' earnings, one of the primary drivers of an investment's value.

Dolby Laboratories' Earnings Breakdown by Geography

Dolby Laboratories Systematic Risk

Dolby Laboratories' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Dolby Laboratories 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Dolby Laboratories correlated with the market. If Beta is less than 0 Dolby Laboratories generally moves in the opposite direction as compared to the market. If Dolby Laboratories Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Dolby Laboratories is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Dolby Laboratories is generally in the same direction as the market. If Beta > 1 Dolby Laboratories moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Dolby Laboratories Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Dolby Laboratories' 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 Dolby Laboratories growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.88)

At present, Dolby Laboratories' Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Dolby Laboratories November 30, 2024 Opportunity Range

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

Complementary Tools for Dolby Stock analysis

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