DRM Stock | | | CAD 23.01 0.43 1.83% |
Dream Unlimited financial indicator trend analysis is much more than just examining Dream Unlimited Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dream Unlimited Corp is a good investment. Please check the relationship between Dream Unlimited Income Before Tax and its Depreciation And Amortization accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dream Unlimited 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 board of governors.
Income Before Tax vs Depreciation And Amortization
Income Before Tax vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dream Unlimited Corp Income Before Tax account and
Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dream Unlimited's Income Before Tax and Depreciation And Amortization is 0.55. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Dream Unlimited Corp, assuming nothing else is changed. The correlation between historical values of Dream Unlimited's Income Before Tax and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Dream Unlimited Corp are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., Dream Unlimited's Income Before Tax and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Dream Unlimited income statement and is an important metric when analyzing Dream Unlimited Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Dream Unlimited's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dream Unlimited Corp 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 Dream Unlimited 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 board of governors.
At this time, Dream Unlimited's
Selling General Administrative is very stable compared to the past year. As of the 15th of December 2024,
Sales General And Administrative To Revenue is likely to grow to 0.09, though
Tax Provision is likely to grow to (2.6
M).
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 24.7M | 49.5M | 65.8M | 69.1M | Depreciation And Amortization | 294.2M | 253.9M | 8.1M | 7.7M |
Dream Unlimited fundamental ratios Correlations
Click cells to compare fundamentals
Dream Unlimited Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dream Unlimited fundamental ratios Accounts
Other Information on Investing in Dream Stock
Balance Sheet is a snapshot of the
financial position of Dream Unlimited Corp at a specified time, usually calculated after every quarter, six months, or one year. Dream Unlimited Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dream Unlimited and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Dream currently owns. An asset can also be divided into two categories, current and non-current.