| DOGZ Stock | | | USD 51.86 7.12 15.91% |
Dogness International financial indicator trend analysis is much more than just examining Dogness International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dogness International is a good investment. Please check the relationship between Dogness International Cash And Short Term Investments and its Net Receivables accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dogness International Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Cash And Short Term Investments vs Net Receivables
Cash And Short Term Investments vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dogness International Cash And Short Term Investments account and
Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dogness International's Cash And Short Term Investments and Net Receivables is 0.72. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Dogness International Corp, assuming nothing else is changed. The correlation between historical values of Dogness International's Cash And Short Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Dogness International Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash And Short Term Investments i.e., Dogness International's Cash And Short Term Investments and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.72 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Dogness International balance sheet. This account contains Dogness International investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Dogness International Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Net Receivables
Most indicators from Dogness International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dogness International 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 Dogness International Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, Dogness International's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 373.9
M in 2024, despite the fact that
Tax Provision is likely to grow to (1
M).
Dogness International fundamental ratios Correlations
Click cells to compare fundamentals
Dogness International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dogness International fundamental ratios Accounts
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measure Dogness International'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 Dogness International is operating at the current time. Most of Dogness International's value examination focuses on studying past and present price action to
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