Donegal Accounts Payable vs Total Liab Analysis
DGICA Stock | USD 16.64 0.21 1.28% |
Donegal Group financial indicator trend analysis is much more than just examining Donegal Group A latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Donegal Group A is a good investment. Please check the relationship between Donegal Group Accounts Payable and its Total Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Donegal Group 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 main economic indicators.
Accounts Payable vs Total Liab
Accounts Payable vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Donegal Group A Accounts Payable account and Total Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Donegal Group's Accounts Payable and Total Liab is -0.01. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Liab in the same time period over historical financial statements of Donegal Group A, assuming nothing else is changed. The correlation between historical values of Donegal Group's Accounts Payable and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Donegal Group A are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Accounts Payable i.e., Donegal Group's Accounts Payable and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Donegal Group obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Donegal Group A are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Donegal Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Donegal Group 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 Donegal Group 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 main economic indicators. The current year's Selling General Administrative is expected to grow to about 10.8 M. The current year's Tax Provision is expected to grow to about 2.9 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 816.5M | 454.0 | 927.3M | 973.7M | Total Revenue | 816.5M | 454.0 | 927.3M | 973.7M |
Donegal Group fundamental ratios Correlations
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Donegal Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Donegal Group fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 2.2B | 2.3B | 2.2B | 2.3B | 2.4B | |
Total Stockholder Equity | 451.0M | 517.8M | 531.0M | 483.6M | 479.7M | 272.1M | |
Retained Earnings | 223.3M | 258.4M | 263.7M | 240.6M | 217.8M | 138.6M | |
Other Assets | (359.6M) | (329.3M) | (276.6M) | 882.6M | 591.3M | 620.8M | |
Common Stock Shares Outstanding | 28.2M | 28.9M | 30.6M | 31.4M | 33.1M | 22.7M | |
Liabilities And Stockholders Equity | 1.9B | 2.2B | 2.3B | 2.2B | 2.3B | 2.4B | |
Other Stockholder Equity | 226.9M | 247.9M | 263.7M | 284.4M | 294.5M | 309.2M | |
Total Liab | 1.5B | 1.6B | 38.9M | 1.8B | 1.8B | 1.9B | |
Short Long Term Debt Total | 65M | 40M | 90M | 35M | 40.3M | 43.0M | |
Total Current Liabilities | 37.1M | 88.2M | 38.9M | 43.5M | 703.0M | 667.9M | |
Property Plant And Equipment Net | 4.6M | 4.4M | 3.0M | 2.8M | 2.6M | 5.0M | |
Net Debt | (9.3M) | (13.1M) | (22.7M) | 9.9M | 11.2M | 20.9M | |
Non Current Assets Total | 1.1B | 1.2B | 1.3B | 30.9M | 1.4B | 1.3B | |
Non Currrent Assets Other | (8.5B) | (5.7B) | (6.7B) | (1.3B) | 113.9M | 108.2M | |
Net Receivables | 532.8M | 578.5M | 642.4M | 630.4M | 632.5M | 664.2M | |
Property Plant And Equipment Gross | 7.3M | 4.7M | 4.6M | 4.4M | 5.0M | 5.2M | |
Total Current Assets | 1.2B | 1.3B | 1.2B | 1.3B | 311.5M | 296.0M | |
Short Term Debt | 59M | 60M | 35M | 85M | 40.3M | 43.4M | |
Other Current Liab | (37.1M) | (3.1B) | (5.3B) | 670.7M | (7.4B) | (7.1B) | |
Accounts Payable | 2.1M | 3.2M | 3.9M | 3.5M | 8.8M | 6.0M | |
Cash | 49.3M | 103.1M | 57.7M | 25.1M | 23.8M | 22.1M | |
Cash And Short Term Investments | 628.3M | 679.1M | 603.0M | 606.2M | 360.5M | 290.7M | |
Common Stock Total Equity | 318.5K | 333.0K | 344.1K | 357.7K | 321.9K | 305.8K | |
Short Term Investments | 579.0M | 576.0M | 545.3M | 581.1M | 86.7M | 82.4M | |
Accumulated Other Comprehensive Income | 504K | 11.1M | 3.3M | (41.7M) | (32.9M) | (31.2M) | |
Common Stock | 318K | 333K | 344K | 357K | 364.1K | 345.9K | |
Other Liab | 292.6M | 24.4M | 16.4M | 13.0M | 15.0M | 14.2M | |
Property Plant Equipment | 4.6M | 4.4M | 3.0M | 2.8M | 2.5M | 4.4M | |
Other Current Assets | 265.4M | 377.9M | 321.6M | 312.8M | 311.5M | 314.9M | |
Retained Earnings Total Equity | 223.3M | 258.4M | 263.7M | 240.6M | 276.6M | 193.1M | |
Inventory | (265.4M) | (377.9M) | (321.6M) | (219.6M) | (497.5B) | (472.7B) | |
Net Tangible Assets | 444.4M | 511.2M | 531.0M | 477.0M | 548.6M | 487.5M | |
Capital Surpluse | 268.2M | 289.1M | 304.9M | 325.6M | 374.4M | 280.5M | |
Long Term Investments | 1.1B | 1.2B | 1.3B | 1.3B | 1.3B | 1.2B | |
Non Current Liabilities Other | 1.4B | 1.5B | 1.7B | 1.7B | 2.0B | 1.4B | |
Short Long Term Debt | 59M | 60M | 35M | 85M | 31.5M | 44.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Donegal Group A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Donegal Group'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 Donegal Group A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Donegal Group A Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Donegal Group 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 main economic indicators. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Property & Casualty Insurance 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 Donegal Group. If investors know Donegal 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 Donegal Group 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 1.057 | Dividend Share 0.685 | Earnings Share 0.75 | Revenue Per Share 29.304 | Quarterly Revenue Growth 0.076 |
The market value of Donegal Group A is measured differently than its book value, which is the value of Donegal that is recorded on the company's balance sheet. Investors also form their own opinion of Donegal Group's value that differs from its market value or its book value, called intrinsic value, which is Donegal Group'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 Donegal Group's market value can be influenced by many factors that don't directly affect Donegal Group'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 Donegal Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Donegal Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Donegal Group'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.