DoorDash, Other Current Assets vs Short Term Investments Analysis

DASH Stock  USD 178.44  0.57  0.32%   
DoorDash, financial indicator trend analysis is much more than just examining DoorDash, Class A latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DoorDash, Class A is a good investment. Please check the relationship between DoorDash, Other Current Assets and its Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DoorDash, Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Other Current Assets vs Short Term Investments

Other Current Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DoorDash, Class A Other Current Assets account and Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between DoorDash,'s Other Current Assets and Short Term Investments is 0.9. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of DoorDash, Class A, assuming nothing else is changed. The correlation between historical values of DoorDash,'s Other Current Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of DoorDash, Class A are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Current Assets i.e., DoorDash,'s Other Current Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Short Term Investments

Short Term Investments is an item under the current assets section of DoorDash, balance sheet. It contains any investments DoorDash, Class A undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that DoorDash, Class A can easily liquidate in the marketplace.
Most indicators from DoorDash,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DoorDash, Class A 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 DoorDash, Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
The DoorDash,'s current Sales General And Administrative To Revenue is estimated to increase to 0.22, while Tax Provision is projected to decrease to (3.1 M).
 2021 2022 2023 2024 (projected)
Gross Profit2.6B3.0B4.0B2.1B
Total Revenue4.9B6.6B8.6B4.4B

DoorDash, fundamental ratios Correlations

0.760.991.0-0.280.930.981.0-0.8-0.910.960.840.90.850.850.930.990.970.950.980.960.880.990.980.730.87
0.760.680.79-0.40.760.760.72-0.59-0.530.660.650.60.50.480.730.720.650.80.710.630.580.690.780.640.43
0.990.680.98-0.220.890.991.0-0.75-0.930.970.780.910.870.870.890.990.980.950.990.970.91.00.960.740.89
1.00.790.98-0.290.940.980.99-0.83-0.90.940.860.890.830.830.940.990.950.940.970.950.860.980.990.720.85
-0.28-0.4-0.22-0.29-0.25-0.31-0.230.380.22-0.15-0.39-0.19-0.13-0.12-0.4-0.28-0.16-0.31-0.34-0.32-0.15-0.24-0.22-0.24-0.23
0.930.760.890.94-0.250.860.91-0.92-0.750.90.940.730.640.640.970.940.850.840.870.930.730.890.970.740.72
0.980.760.990.98-0.310.860.99-0.7-0.920.960.740.930.880.870.860.980.970.990.990.940.910.990.940.780.88
1.00.721.00.99-0.230.910.99-0.77-0.920.980.80.910.860.860.90.990.980.960.990.970.91.00.970.770.88
-0.8-0.59-0.75-0.830.38-0.92-0.7-0.770.67-0.71-0.99-0.61-0.54-0.54-0.96-0.82-0.7-0.64-0.74-0.84-0.57-0.75-0.86-0.49-0.66
-0.91-0.53-0.93-0.90.22-0.75-0.92-0.920.67-0.89-0.67-0.99-0.98-0.98-0.78-0.91-0.97-0.89-0.93-0.88-0.97-0.93-0.86-0.65-0.99
0.960.660.970.94-0.150.90.960.98-0.71-0.890.730.890.820.820.850.970.970.950.960.960.910.970.940.860.86
0.840.650.780.86-0.390.940.740.8-0.99-0.670.730.610.540.540.980.850.720.670.770.860.570.780.890.510.65
0.90.60.910.89-0.190.730.930.91-0.61-0.990.890.610.990.990.740.890.970.920.910.840.990.920.850.690.96
0.850.50.870.83-0.130.640.880.86-0.54-0.980.820.540.991.00.670.830.940.860.870.770.960.870.790.580.96
0.850.480.870.83-0.120.640.870.86-0.54-0.980.820.540.991.00.660.830.940.850.860.770.960.870.780.570.96
0.930.730.890.94-0.40.970.860.9-0.96-0.780.850.980.740.670.660.940.840.810.880.930.710.890.960.640.75
0.990.720.990.99-0.280.940.980.99-0.82-0.910.970.850.890.830.830.940.960.940.990.980.870.990.980.760.87
0.970.650.980.95-0.160.850.970.98-0.7-0.970.970.720.970.940.940.840.960.950.970.930.970.980.930.760.94
0.950.80.950.94-0.310.840.990.96-0.64-0.890.950.670.920.860.850.810.940.950.970.90.920.950.910.850.84
0.980.710.990.97-0.340.870.990.99-0.74-0.930.960.770.910.870.860.880.990.970.970.960.90.990.940.770.89
0.960.630.970.95-0.320.930.940.97-0.84-0.880.960.860.840.770.770.930.980.930.90.960.840.970.940.780.86
0.880.580.90.86-0.150.730.910.9-0.57-0.970.910.570.990.960.960.710.870.970.920.90.840.90.830.770.96
0.990.691.00.98-0.240.890.991.0-0.75-0.930.970.780.920.870.870.890.990.980.950.990.970.90.960.750.89
0.980.780.960.99-0.220.970.940.97-0.86-0.860.940.890.850.790.780.960.980.930.910.940.940.830.960.720.81
0.730.640.740.72-0.240.740.780.77-0.49-0.650.860.510.690.580.570.640.760.760.850.770.780.770.750.720.65
0.870.430.890.85-0.230.720.880.88-0.66-0.990.860.650.960.960.960.750.870.940.840.890.860.960.890.810.65
Click cells to compare fundamentals

DoorDash, Account Relationship Matchups

DoorDash, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B6.4B6.8B9.8B10.8B6.6B
Other Current Liab318M807M1.2B1.8B347M329.7M
Total Current Liabilities382M1.4B1.8B2.5B3.4B1.8B
Total Stockholder Equity1.2B4.7B4.7B6.8B6.8B4.5B
Other Liab1M13M9M21M24.2M15.0M
Net Tangible Assets(1.5B)4.3B4.3B3.6B4.2B2.3B
Property Plant And Equipment Net267M413M738M1.1B1.1B671M
Current Deferred Revenue27M136M183M251M308M167.4M
Net Debt(73M)(3.7B)(2.1B)(1.5B)(2.1B)(2.2B)
Retained Earnings(1.2B)(1.6B)(2.1B)(3.8B)(5.2B)(4.9B)
Accounts Payable20M80M161M157M216M122.7M
Cash257M4.3B2.5B2.0B2.7B2.2B
Non Current Assets Total734M836M2.2B5.1B5.2B5.5B
Non Currrent Assets Other58M33M70M340M374M392.7M
Other Assets58M33M70M340M391M410.6M
Cash And Short Term Investments765M4.9B3.8B3.5B4.1B3.2B
Net Receivables58M291M349M400M533M302.5M
Short Term Investments508M514M1.3B1.5B1.4B1.0B
Liabilities And Stockholders Equity1.7B6.4B6.8B9.8B10.8B6.6B
Non Current Liabilities Total168M251M382M477M616M351.6M
Capital Lease Obligations184M253M399M511M522M342.7M
Other Current Assets125M367M459M358M630M370.2M
Other Stockholder Equity70M(40M)6.8B10.6B11.9B12.5B
Total Liab550M1.7B2.1B3.0B4.0B2.1B
Net Invested Capital(1.1B)5.1B4.7B6.8B6.8B4.0B
Property Plant And Equipment Gross267M413M738M1.1B2.0B2.1B
Total Current Assets998M5.5B4.6B4.7B5.6B4.0B
Non Current Liabilities Other1M13M9M21M162M170.1M
Net Working Capital616M4.1B2.8B2.2B2.2B2.3B
Short Term Debt17M379M52M110M68M117.7M
Property Plant Equipment267M413M738M1.1B1.2B1.3B

Currently Active Assets on Macroaxis

When determining whether DoorDash, Class A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DoorDash,'s financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Doordash, Class A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Doordash, Class A Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DoorDash, Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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 DoorDash,. If investors know DoorDash, 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 DoorDash, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.43)
Revenue Per Share
24.936
Quarterly Revenue Growth
0.25
Return On Assets
(0.01)
Return On Equity
(0.03)
The market value of DoorDash, Class A is measured differently than its book value, which is the value of DoorDash, that is recorded on the company's balance sheet. Investors also form their own opinion of DoorDash,'s value that differs from its market value or its book value, called intrinsic value, which is DoorDash,'s 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 DoorDash,'s market value can be influenced by many factors that don't directly affect DoorDash,'s 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 DoorDash,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if DoorDash, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DoorDash,'s 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.