DMC Gross Profit vs Total Operating Expenses Analysis

DMM Stock   0.06  0.00  0.00%   
DMC Mining financial indicator trend analysis is much more than just examining DMC Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DMC Mining is a good investment. Please check the relationship between DMC Mining Gross Profit and its Total Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DMC Mining. 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.

Gross Profit vs Total Operating Expenses

Gross Profit vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DMC Mining Gross Profit account and Total Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between DMC Mining's Gross Profit and Total Operating Expenses is -0.47. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of DMC Mining, assuming nothing else is changed. The correlation between historical values of DMC Mining's Gross Profit and Total 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 Gross Profit of DMC Mining are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., DMC Mining's Gross Profit and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of DMC Mining minus its cost of goods sold. It is profit before DMC Mining operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from DMC Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DMC Mining 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 DMC Mining. 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.
Selling General Administrative is likely to gain to about 767.9 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 4.1 M in 2024.
 2010 2022 2023 2024 (projected)
Interest Income344.020.3K23.3K24.5K
Net Interest Income344.020.3K23.3K24.5K

DMC Mining fundamental ratios Correlations

0.390.860.060.990.990.370.280.140.580.390.990.46-0.36-0.330.150.6-0.870.010.170.170.31-0.12-0.010.170.23
0.39-0.13-0.140.50.490.010.050.10.951.00.510.04-0.99-0.940.150.060.080.17-0.18-0.18-0.20.13-0.1-0.18-0.19
0.86-0.130.110.780.780.420.30.140.09-0.130.780.510.160.150.110.64-0.99-0.050.250.250.41-0.180.020.250.31
0.06-0.140.110.130.13-0.85-0.89-0.92-0.14-0.140.12-0.80.080.01-0.93-0.65-0.06-0.950.950.950.78-0.970.940.950.87
0.990.50.780.131.00.260.170.050.640.51.00.35-0.47-0.440.090.52-0.81-0.040.220.220.3-0.180.090.220.25
0.990.490.780.131.00.260.170.050.640.51.00.35-0.47-0.440.090.52-0.81-0.040.220.220.3-0.180.090.220.25
0.370.010.42-0.850.260.260.970.890.110.010.270.990.060.140.920.94-0.470.85-0.73-0.73-0.510.8-0.83-0.73-0.62
0.280.050.3-0.890.170.170.970.870.160.050.180.950.00.140.870.84-0.320.82-0.73-0.73-0.470.88-0.93-0.73-0.59
0.140.10.14-0.920.050.050.890.870.170.10.060.88-0.03-0.070.90.76-0.180.88-0.91-0.91-0.680.81-0.88-0.91-0.83
0.580.950.09-0.140.640.640.110.160.170.950.660.17-0.95-0.890.130.17-0.120.11-0.12-0.12-0.030.11-0.18-0.12-0.09
0.391.0-0.13-0.140.50.50.010.050.10.950.510.04-0.99-0.940.150.050.080.16-0.18-0.18-0.20.13-0.1-0.18-0.19
0.990.510.780.121.01.00.270.180.060.660.510.37-0.48-0.450.10.52-0.8-0.030.210.210.29-0.170.080.210.24
0.460.040.51-0.80.350.350.990.950.880.170.040.370.030.090.870.95-0.540.79-0.67-0.67-0.430.74-0.81-0.67-0.56
-0.36-0.990.160.08-0.47-0.470.060.0-0.03-0.95-0.99-0.480.030.94-0.060.02-0.12-0.090.110.110.13-0.090.060.110.12
-0.33-0.940.150.01-0.44-0.440.140.14-0.07-0.89-0.94-0.450.090.94-0.020.07-0.11-0.040.130.130.160.07-0.050.130.19
0.150.150.11-0.930.090.090.920.870.90.130.150.10.87-0.06-0.020.83-0.210.99-0.9-0.9-0.810.86-0.8-0.9-0.86
0.60.060.64-0.650.520.520.940.840.760.170.050.520.950.020.070.83-0.710.73-0.54-0.54-0.390.58-0.61-0.54-0.47
-0.870.08-0.99-0.06-0.81-0.81-0.47-0.32-0.18-0.120.08-0.8-0.54-0.12-0.11-0.21-0.71-0.05-0.18-0.18-0.290.13-0.02-0.18-0.22
0.010.17-0.05-0.95-0.04-0.040.850.820.880.110.16-0.030.79-0.09-0.040.990.73-0.05-0.94-0.94-0.890.89-0.8-0.94-0.91
0.17-0.180.250.950.220.22-0.73-0.73-0.91-0.12-0.180.21-0.670.110.13-0.9-0.54-0.18-0.941.00.9-0.870.831.00.98
0.17-0.180.250.950.220.22-0.73-0.73-0.91-0.12-0.180.21-0.670.110.13-0.9-0.54-0.18-0.941.00.9-0.870.831.00.98
0.31-0.20.410.780.30.3-0.51-0.47-0.68-0.03-0.20.29-0.430.130.16-0.81-0.39-0.29-0.890.90.9-0.710.540.90.96
-0.120.13-0.18-0.97-0.18-0.180.80.880.810.110.13-0.170.74-0.090.070.860.580.130.89-0.87-0.87-0.71-0.94-0.87-0.76
-0.01-0.10.020.940.090.09-0.83-0.93-0.88-0.18-0.10.08-0.810.06-0.05-0.8-0.61-0.02-0.80.830.830.54-0.940.830.68
0.17-0.180.250.950.220.22-0.73-0.73-0.91-0.12-0.180.21-0.670.110.13-0.9-0.54-0.18-0.941.01.00.9-0.870.830.98
0.23-0.190.310.870.250.25-0.62-0.59-0.83-0.09-0.190.24-0.560.120.19-0.86-0.47-0.22-0.910.980.980.96-0.760.680.98
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DMC Mining Account Relationship Matchups

Thematic Opportunities

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Additional Tools for DMC Stock Analysis

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