Dominion Short Term Investments vs Total Current Assets 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 Short Term Investments and its Total Current Assets 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.

Short Term Investments vs Total Current Assets

Short Term Investments vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dominion Lending Centres Short Term Investments account and Total Current Assets. At this time, the significance of the direction appears to have no relationship.

The correlation between Dominion Lending's Short Term Investments and Total Current Assets is 0.04. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current Assets 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 Short Term Investments and Total Current Assets 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 Investments of Dominion Lending Centres are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Short Term Investments i.e., Dominion Lending's Short Term Investments and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.04

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of Dominion Lending balance sheet. It contains any investments Dominion Lending Centres undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Dominion Lending Centres can easily liquidate in the marketplace.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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 Expenses	44.3M	44.2M	50.8M	27.4M
Depreciation And Amortization	44.3M	49.1M	56.4M	59.3M

Other Operating Expenses Depreciation And Amortization

Dominion Lending fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Assets	Short Long Term Debt Total	Short Term Debt	Inventory	Short Term Investments	Common Stock	Current Deferred Revenue	Long Term Debt
Total Assets		0.62	0.94	0.71	0.36	0.68	-0.54	0.78	-0.06	1.0	-0.2	-0.06	0.97	0.74	0.82	0.18	0.86	0.86	-0.27	0.68	-0.2	-0.23	-0.24	0.88	-0.05	0.61
Other Current Liab	0.62		0.83	0.18	-0.13	0.21	-0.67	0.27	0.44	0.61	0.03	0.44	0.65	0.64	0.72	0.02	0.75	0.74	-0.32	0.74	-0.65	-0.54	0.02	0.7	-0.05	0.85
Total Current Liabilities	0.94	0.83		0.56	0.17	0.57	-0.63	0.64	0.12	0.93	-0.19	0.12	0.94	0.75	0.84	0.1	0.89	0.88	-0.28	0.74	-0.39	-0.37	-0.2	0.87	-0.09	0.76
Total Stockholder Equity	0.71	0.18	0.56		0.61	0.19	0.13	0.69	-0.01	0.72	-0.57	-0.01	0.61	0.1	0.2	-0.34	0.27	0.63	0.24	0.06	0.32	0.4	0.11	0.41	0.32	0.18
Property Plant And Equipment Net	0.36	-0.13	0.17	0.61		0.08	0.32	0.44	-0.12	0.38	-0.01	-0.12	0.29	-0.01	-0.05	-0.04	-0.02	0.36	0.5	-0.09	0.53	0.55	0.25	0.03	0.15	-0.08
Net Debt	0.68	0.21	0.57	0.19	0.08		-0.66	0.52	-0.36	0.67	0.04	-0.36	0.69	0.8	0.79	0.71	0.78	0.38	-0.51	0.67	-0.16	-0.45	-0.69	0.71	-0.38	0.28
Retained Earnings	-0.54	-0.67	-0.63	0.13	0.32	-0.66		-0.16	-0.08	-0.52	-0.22	-0.08	-0.56	-0.88	-0.89	-0.55	-0.87	-0.44	0.8	-0.92	0.55	0.75	0.41	-0.79	0.51	-0.58
Accounts Payable	0.78	0.27	0.64	0.69	0.44	0.52	-0.16		-0.17	0.78	-0.04	-0.17	0.84	0.5	0.48	0.16	0.52	0.78	0.06	0.35	0.07	0.15	-0.09	0.56	0.25	0.3
Cash	-0.06	0.44	0.12	-0.01	-0.12	-0.36	-0.08	-0.17		-0.09	0.1	1.0	-0.06	0.04	-0.01	-0.09	0.01	0.3	0.16	0.07	-0.06	0.09	0.11	-0.11	0.35	0.4
Non Current Assets Total	1.0	0.61	0.93	0.72	0.38	0.67	-0.52	0.78	-0.09		-0.22	-0.09	0.96	0.72	0.8	0.16	0.85	0.85	-0.27	0.67	-0.19	-0.22	-0.23	0.87	-0.05	0.6
Non Currrent Assets Other	-0.2	0.03	-0.19	-0.57	-0.01	0.04	-0.22	-0.04	0.1	-0.22		0.1	-0.07	0.32	0.14	0.63	0.07	-0.01	-0.17	0.21	-0.23	-0.22	-0.06	-0.15	-0.06	0.21
Cash And Short Term Investments	-0.06	0.44	0.12	-0.01	-0.12	-0.36	-0.08	-0.17	1.0	-0.09	0.1		-0.06	0.04	-0.01	-0.08	0.01	0.3	0.16	0.07	-0.06	0.08	0.11	-0.11	0.35	0.4
Net Receivables	0.97	0.65	0.94	0.61	0.29	0.69	-0.56	0.84	-0.06	0.96	-0.07	-0.06		0.79	0.83	0.24	0.87	0.89	-0.26	0.69	-0.24	-0.24	-0.26	0.85	-0.07	0.64
Common Stock Shares Outstanding	0.74	0.64	0.75	0.1	-0.01	0.8	-0.88	0.5	0.04	0.72	0.32	0.04	0.79		0.96	0.67	0.95	0.65	-0.63	0.9	-0.46	-0.6	-0.51	0.81	-0.31	0.65
Non Current Liabilities Total	0.82	0.72	0.84	0.2	-0.05	0.79	-0.89	0.48	-0.01	0.8	0.14	-0.01	0.83	0.96		0.53	0.99	0.66	-0.68	0.92	-0.53	-0.67	-0.48	0.9	-0.32	0.72
Other Stockholder Equity	0.18	0.02	0.1	-0.34	-0.04	0.71	-0.55	0.16	-0.09	0.16	0.63	-0.08	0.24	0.67	0.53		0.47	0.08	-0.46	0.52	-0.17	-0.44	-0.61	0.28	-0.29	0.17
Total Liab	0.86	0.75	0.89	0.27	-0.02	0.78	-0.87	0.52	0.01	0.85	0.07	0.01	0.87	0.95	0.99	0.47		0.72	-0.62	0.9	-0.51	-0.63	-0.45	0.92	-0.29	0.73
Total Current Assets	0.86	0.74	0.88	0.63	0.36	0.38	-0.44	0.78	0.3	0.85	-0.01	0.3	0.89	0.65	0.66	0.08	0.72		-0.05	0.63	-0.15	-0.05	0.04	0.72	0.13	0.68
Other Current Assets	-0.27	-0.32	-0.28	0.24	0.5	-0.51	0.8	0.06	0.16	-0.27	-0.17	0.16	-0.26	-0.63	-0.68	-0.46	-0.62	-0.05		-0.69	0.53	0.76	0.42	-0.59	0.52	-0.32
Short Long Term Debt Total	0.68	0.74	0.74	0.06	-0.09	0.67	-0.92	0.35	0.07	0.67	0.21	0.07	0.69	0.9	0.92	0.52	0.9	0.63	-0.69		-0.5	-0.66	-0.25	0.89	-0.4	0.63
Short Term Debt	-0.2	-0.65	-0.39	0.32	0.53	-0.16	0.55	0.07	-0.06	-0.19	-0.23	-0.06	-0.24	-0.46	-0.53	-0.17	-0.51	-0.15	0.53	-0.5		0.89	0.15	-0.42	0.06	-0.57
Inventory	-0.23	-0.54	-0.37	0.4	0.55	-0.45	0.75	0.15	0.09	-0.22	-0.22	0.08	-0.24	-0.6	-0.67	-0.44	-0.63	-0.05	0.76	-0.66	0.89		0.4	-0.54	0.38	-0.49
Short Term Investments	-0.24	0.02	-0.2	0.11	0.25	-0.69	0.41	-0.09	0.11	-0.23	-0.06	0.11	-0.26	-0.51	-0.48	-0.61	-0.45	0.04	0.42	-0.25	0.15	0.4		-0.25	0.27	-0.16
Common Stock	0.88	0.7	0.87	0.41	0.03	0.71	-0.79	0.56	-0.11	0.87	-0.15	-0.11	0.85	0.81	0.9	0.28	0.92	0.72	-0.59	0.89	-0.42	-0.54	-0.25		-0.29	0.58
Current Deferred Revenue	-0.05	-0.05	-0.09	0.32	0.15	-0.38	0.51	0.25	0.35	-0.05	-0.06	0.35	-0.07	-0.31	-0.32	-0.29	-0.29	0.13	0.52	-0.4	0.06	0.38	0.27	-0.29		0.11
Long Term Debt	0.61	0.85	0.76	0.18	-0.08	0.28	-0.58	0.3	0.4	0.6	0.21	0.4	0.64	0.65	0.72	0.17	0.73	0.68	-0.32	0.63	-0.57	-0.49	-0.16	0.58	0.11

Click cells to compare fundamentals

Dominion Lending Account Relationship Matchups

Dominion Lending fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	260.2M	253.9M	223.9M	227.8M	261.9M	275.0M
Other Current Liab	32.5M	60.3M	31.2M	16.7M	19.2M	11.4M
Total Current Liabilities	42.0M	64.6M	38.4M	33.2M	38.2M	40.1M
Total Stockholder Equity	49.5M	31.7M	32.0M	25.7M	29.6M	36.3M
Property Plant And Equipment Net	2.5M	2.2M	2.2M	1.7M	2.0M	1.9M
Net Debt	33.2M	17.9M	29.7M	150.5M	173.1M	181.7M
Retained Earnings	(96.3M)	(101.8M)	(116.6M)	(122.4M)	(110.1M)	(104.6M)
Accounts Payable	799K	1.5M	1.5M	2.5M	2.9M	2.1M
Non Current Assets Total	233.7M	213.1M	197.4M	195.5M	224.8M	236.1M
Non Currrent Assets Other	2.0M	302K	1.4M	(8.9M)	(8.0M)	(8.4M)
Net Receivables	14.5M	18.3M	14.2M	15.0M	17.2M	18.1M
Common Stock Shares Outstanding	38.1M	46.6M	47.5M	48.3M	55.5M	58.3M
Liabilities And Stockholders Equity	260.2M	253.9M	223.9M	227.8M	261.9M	275.0M
Non Current Liabilities Total	167.3M	155.5M	153.3M	158.9M	182.8M	191.9M
Total Liab	209.3M	220.1M	191.7M	201.8M	232.1M	243.7M
Total Current Assets	26.5M	40.8M	26.6M	22.6M	26.0M	17.8M
Other Current Assets	(24.8M)	1.6M	(23.4M)	(20.6M)	(18.6M)	(17.6M)
Accumulated Other Comprehensive Income	50.9M	(21K)	794K	592K	680.8K	646.8K
Short Long Term Debt Total	140.0M	142.3M	142.9M	156.1M	179.5M	91.2M
Short Term Debt	7.8M	1.7M	5.2M	13.5M	15.5M	12.8M
Common Stock	130.2M	118.0M	136.0M	135.7M	156.1M	105.3M
Current Deferred Revenue	900K	1.1M	482K	620K	558K	726.3K
Long Term Debt	129.9M	138.8M	32.0M	34.0M	39.1M	69.2M
Long Term Debt Total	86.4M	132.2M	140.6M	137.7M	158.4M	98.8M
Capital Surpluse	14.8M	15.3M	15.6M	11.8M	10.6M	11.7M
Intangible Assets	123.1M	121.4M	125.3M	126.9M	114.2M	109.5M
Property Plant Equipment	64.4M	2.5M	2.2M	6.2M	5.6M	5.3M
Capital Lease Obligations	2.7M	2.3M	2.3M	1.8M	1.6M	1.5M
Net Invested Capital	82.8M	67.0M	64.0M	59.7M	53.7M	76.7M
Long Term Investments	30.0M	28.8M	8.0M	5.6M	6.5M	6.2M
Capital Stock	130.2M	118.0M	136.0M	135.7M	156.1M	137.6M
Non Current Liabilities Other	4.5M	2.5M	1.1M	1.0M	918K	872.1K
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

0.78

ENB

Enbridge

Pair Corr

Moving against Dominion Stock

0.75	CNQ	Canadian Natural Res	Pair Corr
0.66	T	Telus Corp	Pair Corr

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 Correlation Correlation 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.

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Dominion Short Term Investments vs Total Current Assets Analysis

Short Term Investments vs Total Current Assets

Short Term Investments vs Total Current Assets Correlation Analysis

Correlation Coefficient

Short Term Investments

Total Current Assets

Dominion Lending fundamental ratios Correlations

Dominion Lending Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dominion Lending fundamental ratios Accounts

Pair Trading with Dominion Lending

Moving together with Dominion Stock

Moving against Dominion Stock

Other Information on Investing in Dominion Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Non Current Liabilities Total
Net Receivables	+ 0.97	Total Assets
Net Receivables	+ 0.96	Non Current Assets Total
Non Current Liabilities Total	+ 0.96	Common Stock Shares Outstanding

Short Long Term Debt Total	- 0.92	Retained Earnings
Non Current Liabilities Total	- 0.89	Retained Earnings
Common Stock Shares Outstanding	- 0.88	Retained Earnings
Total Liab	- 0.87	Retained Earnings
Common Stock	- 0.79	Retained Earnings
Short Long Term Debt Total	- 0.69	Other Current Assets