Dominion Minority Interest vs Other Operating Expenses 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 Minority Interest and its Other Operating Expenses 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.

Minority Interest vs Other Operating Expenses

Minority Interest vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dominion Lending Centres Minority Interest account and Other Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Dominion Lending's Minority Interest and Other Operating Expenses is -0.07. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Other Operating Expenses 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 Minority Interest and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Dominion Lending Centres are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Minority Interest i.e., Dominion Lending's Minority Interest and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Dominion Lending Centres whose combined shares represent less than 50% of the total outstanding shares issued by Dominion Lending have a minority interest in Dominion Lending.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Dominion Lending Centres. It is also known as Dominion Lending overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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
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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.