Dolly Net Income Per Share vs Average Inventory Analysis

DV Stock  CAD 1.09  0.04  3.54%   
Dolly Varden financial indicator trend analysis is much more than just examining Dolly Varden Silver latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dolly Varden Silver is a good investment. Please check the relationship between Dolly Varden Net Income Per Share and its Average Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dolly Varden Silver. 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.

Net Income Per Share vs Average Inventory

Net Income Per Share vs Average Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dolly Varden Silver Net Income Per Share account and Average Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dolly Varden's Net Income Per Share and Average Inventory is -0.42. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Average Inventory in the same time period over historical financial statements of Dolly Varden Silver, assuming nothing else is changed. The correlation between historical values of Dolly Varden's Net Income Per Share and Average Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of Dolly Varden Silver are associated (or correlated) with its Average Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Inventory has no effect on the direction of Net Income Per Share i.e., Dolly Varden's Net Income Per Share and Average Inventory go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Income Per Share

Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.
Most indicators from Dolly Varden's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dolly Varden Silver 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 Dolly Varden Silver. 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, Dolly Varden's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 15.6 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (8.57) in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation37.0K62.0K54.9K35.3K
Interest Income73.6K257.1K904.6K949.8K

Dolly Varden fundamental ratios Correlations

0.70.61.00.97-0.67-0.810.630.970.63-0.420.590.650.070.50.210.92-0.18-0.080.250.97-0.220.920.94-0.67-0.67
0.70.880.680.59-0.77-0.40.780.590.78-0.190.870.780.090.35-0.170.49-0.070.240.090.540.260.520.52-0.02-0.02
0.60.880.580.51-0.62-0.360.650.510.65-0.031.00.640.50.27-0.270.410.40.10.240.450.010.470.44-0.01-0.01
1.00.680.580.98-0.66-0.820.620.980.62-0.420.570.640.060.50.220.93-0.19-0.080.250.97-0.230.920.95-0.68-0.68
0.970.590.510.98-0.48-0.750.441.00.44-0.40.50.460.080.40.330.88-0.15-0.170.20.97-0.240.870.98-0.74-0.74
-0.67-0.77-0.62-0.66-0.480.66-1.0-0.48-1.00.3-0.62-1.00.0-0.60.28-0.670.22-0.28-0.33-0.550.05-0.69-0.440.130.13
-0.81-0.4-0.36-0.82-0.750.66-0.63-0.75-0.630.44-0.35-0.64-0.09-0.68-0.04-0.960.120.19-0.55-0.820.59-0.97-0.750.670.67
0.630.780.650.620.44-1.0-0.630.441.0-0.270.641.00.040.61-0.320.63-0.170.30.340.51-0.030.650.39-0.06-0.06
0.970.590.510.981.0-0.48-0.750.440.44-0.40.50.460.080.40.330.88-0.15-0.170.20.97-0.240.870.98-0.74-0.74
0.630.780.650.620.44-1.0-0.631.00.44-0.270.641.00.040.61-0.320.63-0.170.30.340.51-0.030.650.39-0.06-0.06
-0.42-0.19-0.03-0.42-0.40.30.44-0.27-0.4-0.270.03-0.290.39-0.27-0.37-0.520.370.010.21-0.51-0.06-0.47-0.490.420.42
0.590.871.00.570.5-0.62-0.350.640.50.640.030.640.530.26-0.290.40.410.120.260.44-0.010.470.430.00.0
0.650.780.640.640.46-1.0-0.641.00.461.0-0.290.640.020.64-0.280.65-0.190.280.330.53-0.030.670.41-0.08-0.08
0.070.090.50.060.080.0-0.090.040.080.040.390.530.02-0.12-0.290.040.860.010.310.06-0.510.130.1-0.01-0.01
0.50.350.270.50.4-0.6-0.680.610.40.61-0.270.260.64-0.120.170.61-0.15-0.190.430.43-0.240.60.34-0.16-0.16
0.21-0.17-0.270.220.330.28-0.04-0.320.33-0.32-0.37-0.29-0.28-0.290.170.17-0.32-0.38-0.540.340.040.10.41-0.46-0.46
0.920.490.410.930.88-0.67-0.960.630.880.63-0.520.40.650.040.610.17-0.19-0.150.380.94-0.450.990.88-0.75-0.75
-0.18-0.070.4-0.19-0.150.220.12-0.17-0.15-0.170.370.41-0.190.86-0.15-0.32-0.19-0.180.31-0.21-0.38-0.13-0.160.160.16
-0.080.240.1-0.08-0.17-0.280.190.3-0.170.30.010.120.280.01-0.19-0.38-0.15-0.18-0.05-0.150.51-0.13-0.170.420.42
0.250.090.240.250.2-0.33-0.550.340.20.340.210.260.330.310.43-0.540.380.31-0.050.16-0.520.440.08-0.13-0.13
0.970.540.450.970.97-0.55-0.820.510.970.51-0.510.440.530.060.430.340.94-0.21-0.150.16-0.330.920.99-0.79-0.79
-0.220.260.01-0.23-0.240.050.59-0.03-0.24-0.03-0.06-0.01-0.03-0.51-0.240.04-0.45-0.380.51-0.52-0.33-0.5-0.290.540.54
0.920.520.470.920.87-0.69-0.970.650.870.65-0.470.470.670.130.60.10.99-0.13-0.130.440.92-0.50.87-0.71-0.71
0.940.520.440.950.98-0.44-0.750.390.980.39-0.490.430.410.10.340.410.88-0.16-0.170.080.99-0.290.87-0.79-0.79
-0.67-0.02-0.01-0.68-0.740.130.67-0.06-0.74-0.060.420.0-0.08-0.01-0.16-0.46-0.750.160.42-0.13-0.790.54-0.71-0.791.0
-0.67-0.02-0.01-0.68-0.740.130.67-0.06-0.74-0.060.420.0-0.08-0.01-0.16-0.46-0.750.160.42-0.13-0.790.54-0.71-0.791.0
Click cells to compare fundamentals

Dolly Varden Account Relationship Matchups

Dolly Varden fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.4M28.1M20.2M100.2M82.7M86.9M
Other Current Liab282.7K1.3M222.3K3.8M657.6K721.8K
Total Current Liabilities363.0K1.4M343.7K4.1M804.1K1.0M
Total Stockholder Equity8.0M26.7M19.8M96.1M81.9M86.0M
Property Plant And Equipment Net3.8M4.1M4.3M71.2M71.1M74.7M
Net Debt(3.8M)(23.6M)(15.5M)(28.5M)(10.0M)(10.5M)
Retained Earnings(53.0M)(60.2M)(68.5M)(87.7M)(114.4M)(108.7M)
Cash3.8M23.6M15.5M28.5M10.0M7.9M
Non Current Assets Total3.9M4.2M4.4M71.3M71.3M74.8M
Cash And Short Term Investments3.8M23.6M15.5M28.5M10.0M7.9M
Liabilities And Stockholders Equity8.4M28.1M20.2M100.2M82.7M86.9M
Other Stockholder Equity6.4M7.1M8.3M9.9M(0.5)(0.47)
Total Liab363.0K1.4M343.7K4.1M804.1K1.1M
Total Current Assets4.5M23.9M15.8M28.9M11.5M8.5M
Accounts Payable80.3K93.4K121.4K285.4K146.4K190.0K
Net Receivables566.6K96.8K96.5K132.3K967.3K1.0M
Common Stock Shares Outstanding68.1M102.8M130.7M215.0M257.1M270.0M
Other Current Assets58.5K90.6K250.4K285.8K1.5K1.4K
Accumulated Other Comprehensive Income6.4M7.1M8.3M9.9M11.6M6.1M
Net Tangible Assets8.0M26.7M19.8M96.1M110.6M116.1M
Common Stock54.6M79.8M80.0M174.0M184.8M194.0M
Property Plant Equipment3.8M4.1M4.3M71.2M81.8M85.9M
Net Invested Capital8.0M26.7M19.8M96.1M81.9M86.0M
Net Working Capital4.1M22.5M15.5M24.8M10.7M13.5M
Capital Stock54.6M79.8M80.0M174.0M184.8M114.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Dolly Stock Analysis

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