Dutch Other Non Cash Items vs Net Borrowings Analysis
BROS Stock | USD 35.39 0.29 0.81% |
Dutch Bros financial indicator trend analysis is much more than just examining Dutch Bros latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dutch Bros is a good investment. Please check the relationship between Dutch Bros Other Non Cash Items and its Net Borrowings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dutch Bros. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Dutch Stock please use our How to Invest in Dutch Bros guide.
Other Non Cash Items vs Net Borrowings
Other Non Cash Items vs Net Borrowings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dutch Bros Other Non Cash Items account and Net Borrowings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Dutch Bros' Other Non Cash Items and Net Borrowings is 0.89. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Dutch Bros, assuming nothing else is changed. The correlation between historical values of Dutch Bros' Other Non Cash Items and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Dutch Bros are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Other Non Cash Items i.e., Dutch Bros' Other Non Cash Items and Net Borrowings go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Non Cash Items
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.Most indicators from Dutch Bros' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dutch Bros 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Dutch Bros. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Dutch Stock please use our How to Invest in Dutch Bros guide.Tax Provision is likely to gain to about 7.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 181.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 7.1M | 18.0M | 30.6M | 32.2M | Depreciation And Amortization | 25.2M | 44.7M | 47.8M | 31.5M |
Dutch Bros fundamental ratios Correlations
Click cells to compare fundamentals
Dutch Bros Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Dutch Bros
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 Dutch Bros 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 Dutch Bros will appreciate offsetting losses from the drop in the long position's value.Moving together with Dutch Stock
0.75 | SG | Sweetgreen | PairCorr |
Moving against Dutch Stock
0.67 | WEN | The Wendys | PairCorr |
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0.5 | ACEL | Accel Entertainment | PairCorr |
0.49 | BTBD | Bt Brands | PairCorr |
The ability to find closely correlated positions to Dutch Bros could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dutch Bros 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 Dutch Bros - 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 Dutch Bros to buy it.
The correlation of Dutch Bros 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 Dutch Bros moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dutch Bros 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 Dutch Bros 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dutch Bros. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Dutch Stock please use our How to Invest in Dutch Bros guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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When running Dutch Bros' price analysis, check to measure Dutch Bros' 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 Dutch Bros is operating at the current time. Most of Dutch Bros' value examination focuses on studying past and present price action to predict the probability of Dutch Bros' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dutch Bros' price. Additionally, you may evaluate how the addition of Dutch Bros to your portfolios can decrease your overall portfolio volatility.
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Is Dutch Bros' industry 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 Dutch Bros. If investors know Dutch 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 Dutch Bros listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.182 | Earnings Share 0.18 | Revenue Per Share 15.182 | Quarterly Revenue Growth 0.395 | Return On Assets 0.029 |
The market value of Dutch Bros is measured differently than its book value, which is the value of Dutch that is recorded on the company's balance sheet. Investors also form their own opinion of Dutch Bros' value that differs from its market value or its book value, called intrinsic value, which is Dutch Bros' 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 Dutch Bros' market value can be influenced by many factors that don't directly affect Dutch Bros' 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 Dutch Bros' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dutch Bros is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dutch Bros' 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.