Donegal Short Term Debt vs Property Plant Equipment 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 Short Term Debt and its Property Plant Equipment 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.

Short Term Debt vs Property Plant Equipment

Short Term Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Donegal Group A Short Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Donegal Group's Short Term Debt and Property Plant Equipment is 0.45. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant Equipment 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 Short Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Donegal Group A are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Debt i.e., Donegal Group's Short Term Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Term Debt

Property Plant Equipment

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

Gross Profit Total Revenue

Donegal Group fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Retained Earnings	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Short Long Term Debt Total	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Liab	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Common Stock	Other Liab
Total Assets		0.76	0.68	0.22	0.81	0.99	0.65	0.11	-0.25	0.0	-0.3	-0.25	-0.32	0.95	0.24	-0.17	0.32	-0.29	-0.09	0.52	0.51	-0.76	0.27	-0.03	-0.76	0.1
Total Stockholder Equity	0.76		0.98	-0.11	0.96	0.69	0.39	0.34	0.09	0.28	-0.11	0.09	-0.06	0.66	0.51	0.13	0.55	0.08	0.03	0.59	0.71	-0.85	0.6	0.29	-0.85	0.13
Retained Earnings	0.68	0.98		-0.29	0.92	0.6	0.35	0.47	0.27	0.45	0.05	0.28	0.1	0.58	0.64	0.3	0.66	0.26	0.08	0.53	0.73	-0.88	0.66	0.41	-0.88	0.09
Other Assets	0.22	-0.11	-0.29		-0.08	0.24	0.07	-0.51	-0.96	-0.8	-0.61	-0.94	-0.88	0.25	-0.77	-0.99	-0.5	-0.96	-0.11	0.17	-0.06	0.22	-0.17	-0.7	0.22	0.23
Common Stock Shares Outstanding	0.81	0.96	0.92	-0.08		0.77	0.52	0.33	0.06	0.25	-0.05	0.06	-0.08	0.72	0.52	0.1	0.5	0.05	0.06	0.46	0.64	-0.88	0.49	0.19	-0.88	0.09
Other Stockholder Equity	0.99	0.69	0.6	0.24	0.77		0.69	0.02	-0.28	-0.04	-0.29	-0.27	-0.3	0.94	0.22	-0.2	0.23	-0.32	-0.05	0.42	0.43	-0.72	0.17	-0.08	-0.71	0.07
Total Liab	0.65	0.39	0.35	0.07	0.52	0.69		0.21	-0.09	0.17	0.07	-0.11	-0.1	0.6	0.28	-0.04	0.39	-0.11	-0.01	0.23	0.29	-0.56	0.08	-0.48	-0.56	0.14
Short Long Term Debt Total	0.11	0.34	0.47	-0.51	0.33	0.02	0.21		0.57	0.62	0.55	0.52	0.35	0.06	0.59	0.49	0.85	0.57	0.06	0.24	0.4	-0.45	0.41	0.28	-0.45	-0.17
Total Current Liabilities	-0.25	0.09	0.27	-0.96	0.06	-0.28	-0.09	0.57		0.79	0.69	0.96	0.9	-0.34	0.75	0.93	0.53	1.0	0.09	-0.24	-0.05	-0.23	0.08	0.7	-0.23	-0.23
Property Plant And Equipment Net	0.0	0.28	0.45	-0.8	0.25	-0.04	0.17	0.62	0.79		0.68	0.78	0.67	-0.1	0.92	0.78	0.7	0.79	0.25	0.01	0.29	-0.57	0.35	0.49	-0.57	-0.04
Net Debt	-0.3	-0.11	0.05	-0.61	-0.05	-0.29	0.07	0.55	0.69	0.68		0.66	0.71	-0.39	0.64	0.56	0.42	0.69	0.36	-0.56	-0.06	-0.21	0.03	0.21	-0.21	-0.33
Non Current Assets Total	-0.25	0.09	0.28	-0.94	0.06	-0.27	-0.11	0.52	0.96	0.78	0.66		0.89	-0.32	0.75	0.88	0.51	0.96	0.22	-0.22	-0.04	-0.24	0.09	0.68	-0.25	-0.21
Non Currrent Assets Other	-0.32	-0.06	0.1	-0.88	-0.08	-0.3	-0.1	0.35	0.9	0.67	0.71	0.89		-0.41	0.68	0.84	0.31	0.89	0.22	-0.45	-0.24	-0.1	-0.14	0.59	-0.1	-0.33
Net Receivables	0.95	0.66	0.58	0.25	0.72	0.94	0.6	0.06	-0.34	-0.1	-0.39	-0.32	-0.41		0.12	-0.19	0.21	-0.37	-0.02	0.52	0.59	-0.62	0.35	-0.08	-0.61	0.1
Property Plant And Equipment Gross	0.24	0.51	0.64	-0.77	0.52	0.22	0.28	0.59	0.75	0.92	0.64	0.75	0.68	0.12		0.75	0.68	0.74	0.3	-0.01	0.35	-0.74	0.34	0.55	-0.74	-0.12
Total Current Assets	-0.17	0.13	0.3	-0.99	0.1	-0.2	-0.04	0.49	0.93	0.78	0.56	0.88	0.84	-0.19	0.75		0.48	0.92	0.06	-0.14	0.11	-0.21	0.21	0.69	-0.22	-0.22
Short Term Debt	0.32	0.55	0.66	-0.5	0.5	0.23	0.39	0.85	0.53	0.7	0.42	0.51	0.31	0.21	0.68	0.48		0.52	0.09	0.49	0.48	-0.66	0.45	0.27	-0.66	-0.2
Other Current Liab	-0.29	0.08	0.26	-0.96	0.05	-0.32	-0.11	0.57	1.0	0.79	0.69	0.96	0.89	-0.37	0.74	0.92	0.52		0.08	-0.24	-0.04	-0.21	0.11	0.69	-0.21	-0.21
Accounts Payable	-0.09	0.03	0.08	-0.11	0.06	-0.05	-0.01	0.06	0.09	0.25	0.36	0.22	0.22	-0.02	0.3	0.06	0.09	0.08		-0.2	0.24	-0.18	0.19	0.0	-0.18	-0.18
Cash	0.52	0.59	0.53	0.17	0.46	0.42	0.23	0.24	-0.24	0.01	-0.56	-0.22	-0.45	0.52	-0.01	-0.14	0.49	-0.24	-0.2		0.59	-0.37	0.5	0.0	-0.37	0.18
Cash And Short Term Investments	0.51	0.71	0.73	-0.06	0.64	0.43	0.29	0.4	-0.05	0.29	-0.06	-0.04	-0.24	0.59	0.35	0.11	0.48	-0.04	0.24	0.59		-0.6	0.95	0.08	-0.6	0.18
Common Stock Total Equity	-0.76	-0.85	-0.88	0.22	-0.88	-0.72	-0.56	-0.45	-0.23	-0.57	-0.21	-0.24	-0.1	-0.62	-0.74	-0.21	-0.66	-0.21	-0.18	-0.37	-0.6		-0.47	-0.24	1.0	-0.1
Short Term Investments	0.27	0.6	0.66	-0.17	0.49	0.17	0.08	0.41	0.08	0.35	0.03	0.09	-0.14	0.35	0.34	0.21	0.45	0.11	0.19	0.5	0.95	-0.47		0.18	-0.48	0.18
Non Current Liabilities Total	-0.03	0.29	0.41	-0.7	0.19	-0.08	-0.48	0.28	0.7	0.49	0.21	0.68	0.59	-0.08	0.55	0.69	0.27	0.69	0.0	0.0	0.08	-0.24	0.18		-0.25	-0.25
Common Stock	-0.76	-0.85	-0.88	0.22	-0.88	-0.71	-0.56	-0.45	-0.23	-0.57	-0.21	-0.25	-0.1	-0.61	-0.74	-0.22	-0.66	-0.21	-0.18	-0.37	-0.6	1.0	-0.48	-0.25		-0.1
Other Liab	0.1	0.13	0.09	0.23	0.09	0.07	0.14	-0.17	-0.23	-0.04	-0.33	-0.21	-0.33	0.1	-0.12	-0.22	-0.2	-0.21	-0.18	0.18	0.18	-0.1	0.18	-0.25	-0.1

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Donegal Group Account Relationship Matchups

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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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:

How To Invest In Donegal

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Is Donegal Stock a good investment?

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What is Donegal Group's Net Worth?

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Largest Insurance - Property & Casualty Companies

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Largest Financial Services Companies

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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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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.

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Donegal Short Term Debt vs Property Plant Equipment Analysis

Short Term Debt vs Property Plant Equipment

Short Term Debt vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Short Term Debt

Property Plant Equipment

Donegal Group fundamental ratios Correlations

Donegal Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Donegal Group fundamental ratios Accounts

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Other Current Liab	+ 1.0	Total Current Liabilities
Common Stock	+ 1.0	Common Stock Total Equity
Other Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.98	Total Stockholder Equity
Common Stock Shares Outstanding	+ 0.96	Total Stockholder Equity
Non Current Assets Total	+ 0.96	Total Current Liabilities

Total Current Assets	- 0.99	Other Assets
Other Current Liab	- 0.96	Other Assets
Total Current Liabilities	- 0.96	Other Assets
Non Current Assets Total	- 0.94	Other Assets
Common Stock	- 0.88	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.88	Common Stock Shares Outstanding