DLTR Stock | | | USD 71.27 0.23 0.32% |
Dollar Tree financial indicator trend analysis is much more than just examining Dollar Tree latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dollar Tree is a good investment. Please check the relationship between Dollar Tree Non Current Assets Total and its Property Plant And Equipment Net accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dollar Tree. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
To learn how to invest in Dollar Stock, please use our
How to Invest in Dollar Tree guide.
Non Current Assets Total vs Property Plant And Equipment Net
Non Current Assets Total vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dollar Tree Non Current Assets Total account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Dollar Tree's Non Current Assets Total and Property Plant And Equipment Net is 0.89. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Dollar Tree, assuming nothing else is changed. The correlation between historical values of Dollar Tree's Non Current Assets Total and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Dollar Tree are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Current Assets Total i.e., Dollar Tree's Non Current Assets Total and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Dollar Tree's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dollar Tree 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 Dollar Tree. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
To learn how to invest in Dollar Stock, please use our
How to Invest in Dollar Tree guide.At this time, Dollar Tree's
Selling General Administrative is relatively stable compared to the past year. As of 12/01/2024,
Enterprise Value Over EBITDA is likely to grow to 7.69, while
Tax Provision is likely to drop slightly above 9.2
M.
Dollar Tree fundamental ratios Correlations
Click cells to compare fundamentals
Dollar Tree Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dollar Tree fundamental ratios Accounts
Additional Tools for Dollar Stock Analysis
When running Dollar Tree's price analysis, check to
measure Dollar Tree's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dollar Tree is operating at the current time. Most of Dollar Tree's value examination focuses on studying past and present price action to
predict the probability of Dollar Tree's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dollar Tree's price. Additionally, you may evaluate how the addition of Dollar Tree to your portfolios can decrease your overall portfolio volatility.