Dominion Dividend Yield vs Days Sales Outstanding Analysis

DLCG Stock   7.80  0.11  1.43%   
Dominion Lending financial indicator trend analysis is much more than just examining Dominion Lending Centres latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dominion Lending Centres is a good investment. Please check the relationship between Dominion Lending Dividend Yield and its Days Sales Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dominion Lending Centres. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Dividend Yield vs Days Sales Outstanding

Dividend Yield vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dominion Lending Centres Dividend Yield account and Days Sales Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dominion Lending's Dividend Yield and Days Sales Outstanding is 0.77. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Dominion Lending Centres, assuming nothing else is changed. The correlation between historical values of Dominion Lending's Dividend Yield and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Dominion Lending Centres are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Dividend Yield i.e., Dominion Lending's Dividend Yield and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Dividend Yield

Dividend Yield is Dominion Lending Centres dividend as a percentage of Dominion Lending stock price. Dominion Lending Centres dividend yield is a measure of Dominion Lending stock productivity, which can be interpreted as interest rate earned on an Dominion Lending investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Days Sales Outstanding

Most indicators from Dominion Lending's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dominion Lending Centres 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 Dominion Lending Centres. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Dominion Lending's Discontinued Operations is very stable compared to the past year. As of the 21st of January 2025, Enterprise Value is likely to grow to about 271.8 M, while Selling General Administrative is likely to drop about 19.3 M.
 2022 2023 2024 2025 (projected)
Other Operating Expenses44.3M44.2M50.8M27.4M
Depreciation And Amortization44.3M49.1M56.4M59.3M

Dominion Lending fundamental ratios Correlations

0.620.940.710.360.68-0.540.78-0.061.0-0.2-0.060.970.740.820.180.860.86-0.270.68-0.2-0.23-0.240.88-0.050.61
0.620.830.18-0.130.21-0.670.270.440.610.030.440.650.640.720.020.750.74-0.320.74-0.65-0.540.020.7-0.050.85
0.940.830.560.170.57-0.630.640.120.93-0.190.120.940.750.840.10.890.88-0.280.74-0.39-0.37-0.20.87-0.090.76
0.710.180.560.610.190.130.69-0.010.72-0.57-0.010.610.10.2-0.340.270.630.240.060.320.40.110.410.320.18
0.36-0.130.170.610.080.320.44-0.120.38-0.01-0.120.29-0.01-0.05-0.04-0.020.360.5-0.090.530.550.250.030.15-0.08
0.680.210.570.190.08-0.660.52-0.360.670.04-0.360.690.80.790.710.780.38-0.510.67-0.16-0.45-0.690.71-0.380.28
-0.54-0.67-0.630.130.32-0.66-0.16-0.08-0.52-0.22-0.08-0.56-0.88-0.89-0.55-0.87-0.440.8-0.920.550.750.41-0.790.51-0.58
0.780.270.640.690.440.52-0.16-0.170.78-0.04-0.170.840.50.480.160.520.780.060.350.070.15-0.090.560.250.3
-0.060.440.12-0.01-0.12-0.36-0.08-0.17-0.090.11.0-0.060.04-0.01-0.090.010.30.160.07-0.060.090.11-0.110.350.4
1.00.610.930.720.380.67-0.520.78-0.09-0.22-0.090.960.720.80.160.850.85-0.270.67-0.19-0.22-0.230.87-0.050.6
-0.20.03-0.19-0.57-0.010.04-0.22-0.040.1-0.220.1-0.070.320.140.630.07-0.01-0.170.21-0.23-0.22-0.06-0.15-0.060.21
-0.060.440.12-0.01-0.12-0.36-0.08-0.171.0-0.090.1-0.060.04-0.01-0.080.010.30.160.07-0.060.080.11-0.110.350.4
0.970.650.940.610.290.69-0.560.84-0.060.96-0.07-0.060.790.830.240.870.89-0.260.69-0.24-0.24-0.260.85-0.070.64
0.740.640.750.1-0.010.8-0.880.50.040.720.320.040.790.960.670.950.65-0.630.9-0.46-0.6-0.510.81-0.310.65
0.820.720.840.2-0.050.79-0.890.48-0.010.80.14-0.010.830.960.530.990.66-0.680.92-0.53-0.67-0.480.9-0.320.72
0.180.020.1-0.34-0.040.71-0.550.16-0.090.160.63-0.080.240.670.530.470.08-0.460.52-0.17-0.44-0.610.28-0.290.17
0.860.750.890.27-0.020.78-0.870.520.010.850.070.010.870.950.990.470.72-0.620.9-0.51-0.63-0.450.92-0.290.73
0.860.740.880.630.360.38-0.440.780.30.85-0.010.30.890.650.660.080.72-0.050.63-0.15-0.050.040.720.130.68
-0.27-0.32-0.280.240.5-0.510.80.060.16-0.27-0.170.16-0.26-0.63-0.68-0.46-0.62-0.05-0.690.530.760.42-0.590.52-0.32
0.680.740.740.06-0.090.67-0.920.350.070.670.210.070.690.90.920.520.90.63-0.69-0.5-0.66-0.250.89-0.40.63
-0.2-0.65-0.390.320.53-0.160.550.07-0.06-0.19-0.23-0.06-0.24-0.46-0.53-0.17-0.51-0.150.53-0.50.890.15-0.420.06-0.57
-0.23-0.54-0.370.40.55-0.450.750.150.09-0.22-0.220.08-0.24-0.6-0.67-0.44-0.63-0.050.76-0.660.890.4-0.540.38-0.49
-0.240.02-0.20.110.25-0.690.41-0.090.11-0.23-0.060.11-0.26-0.51-0.48-0.61-0.450.040.42-0.250.150.4-0.250.27-0.16
0.880.70.870.410.030.71-0.790.56-0.110.87-0.15-0.110.850.810.90.280.920.72-0.590.89-0.42-0.54-0.25-0.290.58
-0.05-0.05-0.090.320.15-0.380.510.250.35-0.05-0.060.35-0.07-0.31-0.32-0.29-0.290.130.52-0.40.060.380.27-0.290.11
0.610.850.760.18-0.080.28-0.580.30.40.60.210.40.640.650.720.170.730.68-0.320.63-0.57-0.49-0.160.580.11
Click cells to compare fundamentals

Dominion Lending Account Relationship Matchups

Dominion Lending fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets260.2M253.9M223.9M227.8M261.9M275.0M
Other Current Liab32.5M60.3M31.2M16.7M19.2M11.4M
Total Current Liabilities42.0M64.6M38.4M33.2M38.2M40.1M
Total Stockholder Equity49.5M31.7M32.0M25.7M29.6M36.3M
Property Plant And Equipment Net2.5M2.2M2.2M1.7M2.0M1.9M
Net Debt33.2M17.9M29.7M150.5M173.1M181.7M
Retained Earnings(96.3M)(101.8M)(116.6M)(122.4M)(110.1M)(104.6M)
Accounts Payable799K1.5M1.5M2.5M2.9M2.1M
Non Current Assets Total233.7M213.1M197.4M195.5M224.8M236.1M
Non Currrent Assets Other2.0M302K1.4M(8.9M)(8.0M)(8.4M)
Net Receivables14.5M18.3M14.2M15.0M17.2M18.1M
Common Stock Shares Outstanding38.1M46.6M47.5M48.3M55.5M58.3M
Liabilities And Stockholders Equity260.2M253.9M223.9M227.8M261.9M275.0M
Non Current Liabilities Total167.3M155.5M153.3M158.9M182.8M191.9M
Total Liab209.3M220.1M191.7M201.8M232.1M243.7M
Total Current Assets26.5M40.8M26.6M22.6M26.0M17.8M
Other Current Assets(24.8M)1.6M(23.4M)(20.6M)(18.6M)(17.6M)
Accumulated Other Comprehensive Income50.9M(21K)794K592K680.8K646.8K
Short Long Term Debt Total140.0M142.3M142.9M156.1M179.5M91.2M
Short Term Debt7.8M1.7M5.2M13.5M15.5M12.8M
Common Stock130.2M118.0M136.0M135.7M156.1M105.3M
Current Deferred Revenue900K1.1M482K620K558K726.3K
Long Term Debt129.9M138.8M32.0M34.0M39.1M69.2M
Long Term Debt Total86.4M132.2M140.6M137.7M158.4M98.8M
Capital Surpluse14.8M15.3M15.6M11.8M10.6M11.7M
Intangible Assets123.1M121.4M125.3M126.9M114.2M109.5M
Property Plant Equipment64.4M2.5M2.2M6.2M5.6M5.3M
Capital Lease Obligations2.7M2.3M2.3M1.8M1.6M1.5M
Net Invested Capital82.8M67.0M64.0M59.7M53.7M76.7M
Long Term Investments30.0M28.8M8.0M5.6M6.5M6.2M
Capital Stock130.2M118.0M136.0M135.7M156.1M137.6M
Non Current Liabilities Other4.5M2.5M1.1M1.0M918K872.1K
Net Working Capital(15.5M)(23.8M)(11.9M)(10.6M)(12.2M)(12.8M)

Pair Trading with Dominion Lending

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dominion Lending position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dominion Lending will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dominion Stock

  0.78ENB EnbridgePairCorr

Moving against Dominion Stock

  0.75CNQ Canadian Natural ResPairCorr
  0.66T Telus CorpPairCorr
The ability to find closely correlated positions to Dominion Lending could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dominion Lending when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dominion Lending - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dominion Lending Centres to buy it.
The correlation of Dominion Lending is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dominion Lending moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dominion Lending Centres moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dominion Lending can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Dominion Stock

Balance Sheet is a snapshot of the financial position of Dominion Lending Centres at a specified time, usually calculated after every quarter, six months, or one year. Dominion Lending Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dominion Lending and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Dominion currently owns. An asset can also be divided into two categories, current and non-current.