Domo Reconciled Depreciation vs Net Income Analysis

DOMO Stock  USD 7.67  0.23  2.91%   
Domo financial indicator trend analysis is much more than just examining Domo Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Domo Inc is a good investment. Please check the relationship between Domo Reconciled Depreciation and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Domo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Reconciled Depreciation vs Net Income

Reconciled Depreciation vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Domo Inc Reconciled Depreciation account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Domo's Reconciled Depreciation and Net Income is -0.89. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Net Income in the same time period over historical financial statements of Domo Inc, assuming nothing else is changed. The correlation between historical values of Domo's Reconciled Depreciation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Domo Inc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Reconciled Depreciation i.e., Domo's Reconciled Depreciation and Net Income go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Reconciled Depreciation

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Domo Inc financial statement analysis. It represents the amount of money remaining after all of Domo Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Domo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Domo Inc 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 Domo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Domo's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 11th of December 2024, Enterprise Value is likely to grow to about 1.8 B, while Tax Provision is likely to drop about 762.3 K.
 2021 2022 2023 2024 (projected)
Gross Profit190.8M235.6M243.5M156.6M
Total Revenue258.0M308.6M319.0M219.3M

Domo fundamental ratios Correlations

0.770.790.940.850.940.490.790.63-0.83-0.540.610.760.910.880.630.86-0.330.90.26-0.920.910.890.92-0.910.89
0.770.790.750.770.750.50.780.8-0.81-0.390.150.750.890.820.230.82-0.280.790.5-0.780.80.880.81-0.730.83
0.790.790.740.950.740.881.00.92-0.95-0.270.030.990.940.960.030.98-0.410.930.78-0.820.920.890.92-0.720.96
0.940.750.740.781.00.430.770.62-0.79-0.720.550.690.840.820.60.8-0.290.920.31-0.990.930.90.94-1.00.83
0.850.770.950.780.780.740.950.88-0.94-0.350.180.920.950.990.20.96-0.40.940.64-0.840.940.930.94-0.750.99
0.940.750.741.00.780.420.760.61-0.79-0.720.560.690.840.820.60.8-0.270.920.31-0.990.930.90.94-0.990.83
0.490.50.880.430.740.420.880.79-0.770.03-0.250.920.680.76-0.290.81-0.410.710.87-0.540.680.580.66-0.410.74
0.790.781.00.770.950.760.880.92-0.95-0.310.040.980.930.960.050.98-0.410.950.79-0.840.930.90.93-0.750.96
0.630.80.920.620.880.610.790.92-0.95-0.23-0.220.90.850.87-0.180.89-0.580.830.86-0.70.810.850.81-0.620.87
-0.83-0.81-0.95-0.79-0.94-0.79-0.77-0.95-0.950.39-0.07-0.93-0.93-0.94-0.1-0.950.62-0.92-0.720.85-0.92-0.93-0.930.79-0.94
-0.54-0.39-0.27-0.72-0.35-0.720.03-0.31-0.230.39-0.51-0.2-0.39-0.4-0.57-0.260.24-0.54-0.010.68-0.56-0.59-0.560.75-0.42
0.610.150.030.550.180.56-0.250.04-0.22-0.07-0.510.010.280.220.990.150.160.28-0.58-0.440.310.270.32-0.510.23
0.760.750.990.690.920.690.920.980.9-0.93-0.20.010.910.940.00.96-0.430.90.78-0.770.880.830.88-0.660.93
0.910.890.940.840.950.840.680.930.85-0.93-0.390.280.910.970.30.97-0.340.940.56-0.880.940.960.95-0.810.98
0.880.820.960.820.990.820.760.960.87-0.94-0.40.220.940.970.240.97-0.40.960.63-0.870.960.950.95-0.791.0
0.630.230.030.60.20.6-0.290.05-0.18-0.1-0.570.990.00.30.240.170.160.31-0.56-0.480.350.320.36-0.570.25
0.860.820.980.80.960.80.810.980.89-0.95-0.260.150.960.970.970.17-0.380.940.68-0.860.940.910.94-0.770.97
-0.33-0.28-0.41-0.29-0.4-0.27-0.41-0.41-0.580.620.240.16-0.43-0.34-0.40.16-0.38-0.35-0.440.31-0.35-0.39-0.360.32-0.39
0.90.790.930.920.940.920.710.950.83-0.92-0.540.280.90.940.960.310.94-0.350.61-0.961.00.961.0-0.90.96
0.260.50.780.310.640.310.870.790.86-0.72-0.01-0.580.780.560.63-0.560.68-0.440.61-0.440.580.570.57-0.330.62
-0.92-0.78-0.82-0.99-0.84-0.99-0.54-0.84-0.70.850.68-0.44-0.77-0.88-0.87-0.48-0.860.31-0.96-0.44-0.97-0.93-0.970.99-0.88
0.910.80.920.930.940.930.680.930.81-0.92-0.560.310.880.940.960.350.94-0.351.00.58-0.970.961.0-0.920.96
0.890.880.890.90.930.90.580.90.85-0.93-0.590.270.830.960.950.320.91-0.390.960.57-0.930.960.97-0.890.96
0.920.810.920.940.940.940.660.930.81-0.93-0.560.320.880.950.950.360.94-0.361.00.57-0.971.00.97-0.930.96
-0.91-0.73-0.72-1.0-0.75-0.99-0.41-0.75-0.620.790.75-0.51-0.66-0.81-0.79-0.57-0.770.32-0.9-0.330.99-0.92-0.89-0.93-0.8
0.890.830.960.830.990.830.740.960.87-0.94-0.420.230.930.981.00.250.97-0.390.960.62-0.880.960.960.96-0.8
Click cells to compare fundamentals

Domo Account Relationship Matchups

Domo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets216.7M216.4M244.6M242.1M225.7M238.1M
Other Current Liab46.5M35.1M48.2M40.4M34.8M41.4M
Total Current Liabilities154.1M185.9M236.5M248.6M237.8M196.3M
Total Stockholder Equity(49.2M)(83.5M)(126.0M)(146.4M)(153.5M)(161.2M)
Other Liab10.8M12.8M13.3M16.0M18.4M12.0M
Net Tangible Assets(62.5M)(96.3M)(138.3M)(155.9M)(179.3M)(188.2M)
Property Plant And Equipment Net12.8M18.4M34.0M36.6M38.7M25.3M
Current Deferred Revenue105.3M129.1M168.3M182.3M185.3M134.0M
Net Debt20.2M14.2M40.6M62.3M68.5M72.0M
Retained Earnings(1.0B)(1.1B)(1.2B)(1.3B)(1.4B)(1.5B)
Accounts Payable2.3M1.1M4.8M12.1M4.3M4.7M
Cash80.8M90.8M83.6M66.5M60.9M69.1M
Non Current Assets Total44.5M51.3M71.5M73.3M71.9M59.9M
Non Currrent Assets Other18.3M20.0M25.2M24.4M20.9M20.6M
Other Assets18.3M20.0M25.2M24.4M28.1M20.3M
Cash And Short Term Investments98.8M90.8M83.6M66.5M60.9M70.9M
Net Receivables48.0M48.3M64.1M79.0M67.2M56.8M
Common Stock Total Equity28K30K33K35K40.3K24.5K
Common Stock Shares Outstanding27.5M29.3M32.0M34.1M36.1M31.0M
Liabilities And Stockholders Equity216.7M216.4M244.6M242.1M225.7M238.1M
Non Current Liabilities Total111.9M114.0M134.0M139.9M141.4M209.6M
Capital Surpluse988.1M1.0B1.1B1.2B1.4B836.7M
Other Current Assets25.5M26.1M25.4M23.4M25.6M24.0M
Other Stockholder Equity988.1M1.0B1.1B1.2B1.3B904.3M
Total Liab265.9M299.9M370.6M388.5M379.2M352.4M
Deferred Long Term Liab17.1M18.6M23.2M22.3M25.6M18.6M
Property Plant And Equipment Gross12.8M18.4M34.0M36.6M73.9M77.6M
Total Current Assets172.3M165.2M173.1M168.8M153.7M178.2M
Accumulated Other Comprehensive Income389K877K388K(322K)(180K)(171K)
Non Current Liabilities Other6.3M9.6M10.9M12.4M14.0M9.2M
Intangible Assets3.9M3.4M2.9M2.8M2.7M2.6M
Common Stock28K30K33K35K37K26.5K
Property Plant Equipment12.8M18.4M34.0M21.4M24.6M20.4M
Short Long Term Debt Total101.1M105.0M124.2M128.8M129.5M119.5M
Long Term Debt101.1M99.6M104.0M108.6M113.5M105.3M
Long Term Debt Total101.1M99.6M104.0M108.6M124.9M102.1M
Net Invested Capital51.9M16.2M(22.0M)(37.8M)(40.0M)(42.0M)
Net Working Capital18.2M(20.7M)(63.4M)(79.8M)(84.1M)(79.9M)
Retained Earnings Total Equity(1.0B)(1.1B)(1.2B)(1.3B)(1.2B)(1.3B)

Pair Trading with Domo

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 Domo 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 Domo will appreciate offsetting losses from the drop in the long position's value.

Moving together with Domo Stock

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The ability to find closely correlated positions to Domo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Domo 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 Domo - 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 Domo Inc to buy it.
The correlation of Domo 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 Domo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Domo Inc 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 Domo 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 CorrelationCorrelation Matching
When determining whether Domo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Domo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Domo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Domo Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Domo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Domo. If investors know Domo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Domo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.19)
Revenue Per Share
8.549
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.19)
The market value of Domo Inc is measured differently than its book value, which is the value of Domo that is recorded on the company's balance sheet. Investors also form their own opinion of Domo's value that differs from its market value or its book value, called intrinsic value, which is Domo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Domo's market value can be influenced by many factors that don't directly affect Domo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Domo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Domo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Domo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.