Dynamic Net Income vs Dividends Paid Analysis

DYCL Stock   973.80  17.75  1.79%   
Dynamic Cables financial indicator trend analysis is much more than just examining Dynamic Cables latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dynamic Cables is a good investment. Please check the relationship between Dynamic Cables Net Income and its Dividends Paid accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynamic Cables Limited. 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 vs Dividends Paid

Net Income vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dynamic Cables Net Income account and Dividends Paid. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Dynamic Cables' Net Income and Dividends Paid is -0.62. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Dynamic Cables Limited, assuming nothing else is changed. The correlation between historical values of Dynamic Cables' Net Income and Dividends Paid 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 of Dynamic Cables Limited are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Net Income i.e., Dynamic Cables' Net Income and Dividends Paid go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Dynamic Cables financial statement analysis. It represents the amount of money remaining after all of Dynamic Cables Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Dynamic Cables' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dynamic Cables 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 Dynamic Cables Limited. 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.
Selling General Administrative is likely to gain to about 74.7 M in 2024, whereas Tax Provision is likely to drop slightly above 104.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense104.0M162.3M207.4M115.7M
Depreciation And Amortization80.5M79.1M92.6M57.2M

Dynamic Cables fundamental ratios Correlations

0.690.70.990.90.930.790.730.870.78-0.690.90.31-0.110.990.36-0.170.960.90.991.00.870.920.690.560.9
0.690.670.630.570.820.850.990.490.26-0.610.850.18-0.420.66-0.060.440.590.480.770.640.930.810.780.280.79
0.70.670.70.820.690.830.670.820.67-0.520.67-0.06-0.30.680.43-0.290.710.510.720.690.790.650.570.060.7
0.990.630.70.890.870.740.660.870.81-0.60.830.26-0.040.990.45-0.270.960.870.980.990.850.850.680.480.83
0.90.570.820.890.830.820.610.990.92-0.710.80.23-0.150.890.47-0.390.870.840.880.90.750.820.590.460.87
0.930.820.690.870.830.890.870.770.61-0.830.990.34-0.310.910.120.10.840.80.930.90.890.990.650.560.98
0.790.850.830.740.820.890.880.760.59-0.770.910.21-0.470.770.190.080.70.560.830.750.870.890.630.250.92
0.730.990.670.660.610.870.880.530.3-0.70.890.22-0.450.7-0.060.420.630.540.790.680.930.860.730.340.84
0.870.490.820.870.990.770.760.530.95-0.650.720.18-0.10.860.55-0.490.860.820.840.880.690.750.540.40.8
0.780.260.670.810.920.610.590.30.95-0.480.560.210.050.790.63-0.640.770.750.740.80.50.60.440.330.65
-0.69-0.61-0.52-0.6-0.71-0.83-0.77-0.7-0.65-0.48-0.82-0.330.47-0.67-0.04-0.06-0.62-0.65-0.66-0.65-0.64-0.83-0.25-0.54-0.86
0.90.850.670.830.80.990.910.890.720.56-0.820.37-0.330.880.050.180.790.740.910.860.890.980.670.530.97
0.310.18-0.060.260.230.340.210.220.180.21-0.330.37-0.340.27-0.190.220.340.290.30.30.130.390.30.440.37
-0.11-0.42-0.3-0.04-0.15-0.31-0.47-0.45-0.10.050.47-0.33-0.34-0.07-0.01-0.33-0.130.01-0.14-0.07-0.29-0.33-0.010.15-0.36
0.990.660.680.990.890.910.770.70.860.79-0.670.880.27-0.070.42-0.190.930.870.980.990.850.890.660.510.87
0.36-0.060.430.450.470.120.19-0.060.550.63-0.040.05-0.19-0.010.42-0.710.420.30.330.410.20.080.03-0.180.11
-0.170.44-0.29-0.27-0.390.10.080.42-0.49-0.64-0.060.180.22-0.33-0.19-0.71-0.3-0.25-0.09-0.230.120.130.190.060.06
0.960.590.710.960.870.840.70.630.860.77-0.620.790.34-0.130.930.42-0.30.890.930.970.820.840.640.540.81
0.90.480.510.870.840.80.560.540.820.75-0.650.740.290.010.870.3-0.250.890.850.910.670.810.560.770.8
0.990.770.720.980.880.930.830.790.840.74-0.660.910.3-0.140.980.33-0.090.930.850.980.920.920.760.490.9
1.00.640.690.990.90.90.750.680.880.8-0.650.860.3-0.070.990.41-0.230.970.910.980.850.890.680.550.86
0.870.930.790.850.750.890.870.930.690.5-0.640.890.13-0.290.850.20.120.820.670.920.850.870.780.340.85
0.920.810.650.850.820.990.890.860.750.6-0.830.980.39-0.330.890.080.130.840.810.920.890.870.670.610.99
0.690.780.570.680.590.650.630.730.540.44-0.250.670.3-0.010.660.030.190.640.560.760.680.780.670.40.64
0.560.280.060.480.460.560.250.340.40.33-0.540.530.440.150.51-0.180.060.540.770.490.550.340.610.40.58
0.90.790.70.830.870.980.920.840.80.65-0.860.970.37-0.360.870.110.060.810.80.90.860.850.990.640.58
Click cells to compare fundamentals

Dynamic Cables Account Relationship Matchups

Dynamic Cables fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B3.0B3.5B4.0B5.0B2.8B
Short Long Term Debt Total1.2B1.2B767.7M823.8M1.2B1.0B
Other Current Liab25.5M69.6M22.0M39.3M97.8M102.7M
Total Current Liabilities1.4B1.5B1.8B2.1B2.8B1.5B
Total Stockholder Equity1.1B1.2B1.5B1.8B2.1B2.2B
Property Plant And Equipment Net556.7M544.2M525.3M580.8M704.5M465.7M
Current Deferred Revenue32.1M41.0M25.2M27.1M54.4M57.2M
Net Debt1.2B1.2B766.9M822.6M1.2B945.7M
Retained Earnings706.2M784.2M1.1B1.4B1.8B1.8B
Accounts Payable626.2M508.3M1.2B1.3B1.5B1.6B
Cash582.9K880K798K1.3M2.3M2.2M
Non Current Assets Total578.6M560.2M561.3M606.4M721.7M499.1M
Non Currrent Assets Other20.6M13.5M320.4M6.4M11.5M11.0M
Cash And Short Term Investments582.9K880K798K341.7M12.6M12.0M
Net Receivables1.5B1.3B1.6B2.1B2.6B1.3B
Liabilities And Stockholders Equity3.0B3.0B3.5B4.0B5.0B2.8B
Non Current Liabilities Total492.7M330.1M259.1M131.1M76.9M73.1M
Inventory528.5M835.3M941.4M886.0M1.3B636.4M
Other Current Assets379.8M293.8M400.0M478.4M432.1M228.8M
Total Liab1.9B1.8B2.0B2.3B2.8B1.8B
Total Current Assets2.4B2.4B2.9B3.4B4.3B2.3B
Short Term Debt749.0M862.8M522.8M709.8M1.1B668.9M
Short Term Investments210.0M232.1M294.9M340.4M10.3M9.8M
Intangible Assets1.4M925K585K355K285K270.8K

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