Dorchester Total Revenue vs Total Current Assets Analysis

DMLP Stock  USD 34.31  0.12  0.35%   
Dorchester Minerals financial indicator trend analysis is much more than just examining Dorchester Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dorchester Minerals is a good investment. Please check the relationship between Dorchester Minerals Total Revenue and its Total Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorchester Minerals LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Total Revenue vs Total Current Assets

Total Revenue vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dorchester Minerals Total Revenue account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dorchester Minerals' Total Revenue and Total Current Assets is 0.97. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Dorchester Minerals LP, assuming nothing else is changed. The correlation between historical values of Dorchester Minerals' Total Revenue 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 Total Revenue of Dorchester Minerals LP 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 Total Revenue i.e., Dorchester Minerals' Total Revenue and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Dorchester Minerals generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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 Dorchester Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dorchester Minerals 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 Dorchester Minerals LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Dorchester Minerals' Selling General Administrative is relatively stable compared to the past year. As of 11/30/2024, Enterprise Value Over EBITDA is likely to grow to 12.56, while Sales General And Administrative To Revenue is likely to drop 0.07.
 2021 2022 2023 2024 (projected)
Gross Profit75.4M138.8M125.3M131.5M
Total Revenue93.4M170.8M163.8M172.0M

Dorchester Minerals fundamental ratios Correlations

-0.60.120.340.50.690.810.420.230.150.96-0.670.960.60.95-0.270.730.460.50.290.31-0.630.32-0.590.150.64
-0.60.44-0.050.05-0.27-0.75-0.160.390.06-0.550.24-0.55-0.15-0.5-0.36-0.28-0.29-0.18-0.020.20.060.090.170.260.05
0.120.440.420.890.7-0.24-0.170.95-0.37-0.01-0.72-0.010.780.17-0.840.670.460.490.480.37-0.630.57-0.560.850.66
0.34-0.050.420.540.40.2-0.050.43-0.280.3-0.370.30.390.27-0.310.40.310.410.20.22-0.650.13-0.330.30.34
0.50.050.890.540.910.2-0.060.91-0.360.33-0.890.330.930.49-0.830.890.670.70.620.47-0.830.51-0.730.740.69
0.69-0.270.70.40.910.380.090.71-0.320.5-0.990.50.990.69-0.611.00.710.690.580.3-0.710.46-0.690.680.72
0.81-0.75-0.240.20.20.380.33-0.030.030.76-0.320.760.250.74-0.070.40.280.540.390.42-0.49-0.1-0.45-0.240.13
0.42-0.16-0.17-0.05-0.060.090.33-0.080.450.45-0.090.450.050.52-0.040.14-0.480.14-0.030.2-0.190.02-0.28-0.10.25
0.230.390.950.430.910.71-0.03-0.08-0.330.1-0.70.10.760.27-0.950.680.420.620.660.64-0.770.53-0.690.730.61
0.150.06-0.37-0.28-0.36-0.320.030.45-0.330.320.320.32-0.340.130.21-0.24-0.28-0.48-0.42-0.050.20.040.11-0.50.04
0.96-0.55-0.010.30.330.50.760.450.10.32-0.481.00.420.89-0.170.560.330.320.120.26-0.550.34-0.50.020.61
-0.670.24-0.72-0.37-0.89-0.99-0.32-0.09-0.70.32-0.48-0.48-0.99-0.690.59-0.99-0.68-0.68-0.54-0.250.66-0.480.66-0.73-0.76
0.96-0.55-0.010.30.330.50.760.450.10.321.0-0.480.420.89-0.170.560.330.320.120.26-0.550.34-0.50.020.61
0.6-0.150.780.390.930.990.250.050.76-0.340.42-0.990.420.62-0.650.980.690.660.570.28-0.680.51-0.670.760.75
0.95-0.50.170.270.490.690.740.520.270.130.89-0.690.890.62-0.270.730.330.570.350.35-0.580.25-0.550.220.71
-0.27-0.36-0.84-0.31-0.83-0.61-0.07-0.04-0.950.21-0.170.59-0.17-0.65-0.27-0.59-0.3-0.59-0.65-0.740.81-0.60.78-0.6-0.56
0.73-0.280.670.40.891.00.40.140.68-0.240.56-0.990.560.980.73-0.590.690.660.560.3-0.710.47-0.680.650.74
0.46-0.290.460.310.670.710.28-0.480.42-0.280.33-0.680.330.690.33-0.30.690.330.360.01-0.410.27-0.330.40.37
0.5-0.180.490.410.70.690.540.140.62-0.480.32-0.680.320.660.57-0.590.660.330.740.62-0.720.07-0.570.430.41
0.29-0.020.480.20.620.580.39-0.030.66-0.420.12-0.540.120.570.35-0.650.560.360.740.73-0.60.15-0.570.330.22
0.310.20.370.220.470.30.420.20.64-0.050.26-0.250.260.280.35-0.740.30.010.620.73-0.70.17-0.630.090.24
-0.630.06-0.63-0.65-0.83-0.71-0.49-0.19-0.770.2-0.550.66-0.55-0.68-0.580.81-0.71-0.41-0.72-0.6-0.7-0.450.79-0.43-0.57
0.320.090.570.130.510.46-0.10.020.530.040.34-0.480.340.510.25-0.60.470.270.070.150.17-0.45-0.620.510.68
-0.590.17-0.56-0.33-0.73-0.69-0.45-0.28-0.690.11-0.50.66-0.5-0.67-0.550.78-0.68-0.33-0.57-0.57-0.630.79-0.62-0.39-0.57
0.150.260.850.30.740.68-0.24-0.10.73-0.50.02-0.730.020.760.22-0.60.650.40.430.330.09-0.430.51-0.390.7
0.640.050.660.340.690.720.130.250.610.040.61-0.760.610.750.71-0.560.740.370.410.220.24-0.570.68-0.570.7
Click cells to compare fundamentals

Dorchester Minerals Account Relationship Matchups

Dorchester Minerals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets116.9M88.3M146.8M176.2M191.1M136.5M
Other Current Liab2.1M300K291K(281K)(272K)(258.4K)
Total Current Liabilities2.4M1.9M2.8M3.4M4.5M4.7M
Total Stockholder Equity112.3M84.6M142.4M171.5M185.4M194.7M
Accounts Payable2.1M1.6M2.5M3.1M4.2M4.4M
Cash15.3M11.2M28.3M40.8M47.0M49.4M
Common Stock Shares Outstanding34.1M34.7M35.1M37.6M38.8M32.3M
Liabilities And Stockholders Equity116.9M88.3M146.8M176.2M5.5M5.2M
Total Liab4.5M3.8M4.4M4.7M5.5M5.8M
Property Plant Equipment87.0M751K98.3M567K510.3K484.8K
Property Plant And Equipment Net88.6M70.1M100.1M113.8M121.4M80.3M
Net Debt(12.8M)(9.0M)(26.4M)(39.2M)(45.7M)(43.4M)
Non Current Assets Total88.6M70.1M100.1M113.8M121.4M80.3M
Cash And Short Term Investments15.3M11.2M28.3M40.8M47.0M49.4M
Net Receivables12.9M7.0M18.4M21.7M22.7M12.1M
Other Stockholder Equity1.2M536K982K676K777.4K738.5K
Total Current Assets28.3M18.2M46.7M62.5M69.7M73.2M
Property Plant And Equipment Gross88.6M70.1M659K989K508.8M534.3M
Common Stock111.1M84.0M141.4M170.8M185.4M112.5M
Non Current Liabilities Total2.2M1.9M1.6M1.3M1.0M658.8K
Non Currrent Assets Other(88.6M)(70.1M)(100.1M)(113.8M)(102.4M)(97.3M)
Inventory0.0(6.6M)(7.1M)(14.5M)(13.1M)(12.4M)
Net Tangible Assets112.3M84.6M142.4M171.5M197.2M119.4M
Accumulated Depreciation(625K)(679K)(146K)(422K)(485.3K)(509.6K)
Net Invested Capital112.3M84.6M142.4M171.5M185.6M137.3M
Net Working Capital25.9M16.3M43.9M59.1M65.2M41.6M

Additional Tools for Dorchester Stock Analysis

When running Dorchester Minerals' price analysis, check to measure Dorchester Minerals' 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 Dorchester Minerals is operating at the current time. Most of Dorchester Minerals' value examination focuses on studying past and present price action to predict the probability of Dorchester Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorchester Minerals' price. Additionally, you may evaluate how the addition of Dorchester Minerals to your portfolios can decrease your overall portfolio volatility.