DPZ Stock | | | USD 472.34 0.57 0.12% |
Dominos Pizza financial indicator trend analysis is much more than just examining Dominos Pizza latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dominos Pizza is a good investment. Please check the relationship between Dominos Pizza Accounts Payable and its Net Tangible Assets accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dominos Pizza. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
For more information on how to buy Dominos Stock please use our
How to Invest in Dominos Pizza guide.
Accounts Payable vs Net Tangible Assets
Accounts Payable vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dominos Pizza Accounts Payable account and
Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dominos Pizza's Accounts Payable and Net Tangible Assets is -0.44. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Dominos Pizza, assuming nothing else is changed. The correlation between historical values of Dominos Pizza's Accounts Payable and Net Tangible 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 Accounts Payable of Dominos Pizza are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Accounts Payable i.e., Dominos Pizza's Accounts Payable and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Dominos Pizza obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Dominos Pizza are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Dominos Pizza's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dominos Pizza 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 Dominos Pizza. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
For more information on how to buy Dominos Stock please use our
How to Invest in Dominos Pizza guide.
Enterprise Value is likely to rise to about 18.5
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 269.4
M in 2024.
Dominos Pizza fundamental ratios Correlations
Click cells to compare fundamentals
Dominos Pizza Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dominos Pizza fundamental ratios Accounts
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Additional Tools for Dominos Stock Analysis
When running Dominos Pizza's price analysis, check to
measure Dominos Pizza'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 Dominos Pizza is operating at the current time. Most of Dominos Pizza's value examination focuses on studying past and present price action to
predict the probability of Dominos Pizza's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dominos Pizza's price. Additionally, you may evaluate how the addition of Dominos Pizza to your portfolios can decrease your overall portfolio volatility.