DHI Depreciation And Amortization vs Tax Provision Analysis

DHX Stock  USD 2.45  0.03  1.21%   
DHI financial indicator trend analysis is much more than just examining DHI Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DHI Group is a good investment. Please check the relationship between DHI Depreciation And Amortization and its Tax Provision accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DHI Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Depreciation And Amortization vs Tax Provision

Depreciation And Amortization vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DHI Group Depreciation And Amortization account and Tax Provision. At this time, the significance of the direction appears to have almost no relationship.
The correlation between DHI's Depreciation And Amortization and Tax Provision is 0.13. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Tax Provision in the same time period over historical financial statements of DHI Group, assuming nothing else is changed. The correlation between historical values of DHI's Depreciation And Amortization and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of DHI Group are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Depreciation And Amortization i.e., DHI's Depreciation And Amortization and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from DHI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DHI Group 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 DHI Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
At this time, DHI's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.28 in 2024, despite the fact that Tax Provision is likely to grow to (70.3 K).
 2021 2022 2023 2024 (projected)
Gross Profit104.8M132.1M132.1M144.3M
Total Revenue119.9M149.7M151.9M162.1M

DHI fundamental ratios Correlations

0.810.510.630.980.44-0.570.610.830.640.920.90.570.150.93-0.060.880.260.730.830.90.640.560.150.3-0.06
0.81-0.020.640.810.41-0.410.650.910.90.530.710.05-0.080.62-0.020.560.070.430.410.70.530.09-0.090.31-0.05
0.51-0.02-0.060.550.3-0.22-0.110.11-0.30.760.340.830.220.610.230.570.530.690.740.460.410.750.30.240.17
0.630.64-0.060.51-0.17-0.541.00.560.820.50.860.37-0.050.53-0.530.53-0.420.110.40.740.070.450.36-0.32-0.48
0.980.810.550.510.54-0.510.490.850.580.90.810.510.120.910.090.840.360.780.80.850.720.490.050.410.01
0.440.410.3-0.170.54-0.24-0.170.630.170.370.12-0.10.290.410.520.360.340.60.270.050.86-0.2-0.550.630.6
-0.57-0.41-0.22-0.54-0.51-0.24-0.54-0.44-0.41-0.57-0.65-0.38-0.38-0.650.47-0.680.15-0.31-0.55-0.56-0.34-0.38-0.180.080.18
0.610.65-0.111.00.49-0.17-0.540.570.840.460.840.33-0.060.51-0.530.5-0.440.080.370.710.060.40.33-0.33-0.47
0.830.910.110.560.850.63-0.440.570.810.610.690.060.040.690.150.640.110.560.480.630.770.05-0.280.410.0
0.640.9-0.30.820.580.17-0.410.840.810.340.7-0.05-0.090.44-0.260.41-0.330.130.220.590.290.01-0.070.0-0.23
0.920.530.760.50.90.37-0.570.460.610.340.840.790.270.96-0.080.920.330.780.940.850.590.760.280.23-0.06
0.90.710.340.860.810.12-0.650.840.690.70.840.60.170.88-0.40.87-0.020.50.80.920.410.640.360.0-0.33
0.570.050.830.370.51-0.1-0.380.330.06-0.050.790.60.150.63-0.210.60.150.470.750.670.070.990.63-0.18-0.14
0.15-0.080.22-0.050.120.29-0.38-0.060.04-0.090.270.170.150.35-0.160.440.060.070.370.00.290.11-0.290.040.41
0.930.620.610.530.910.41-0.650.510.690.440.960.880.630.35-0.160.990.350.770.950.860.670.620.170.32-0.13
-0.06-0.020.23-0.530.090.520.47-0.530.15-0.26-0.08-0.4-0.21-0.16-0.16-0.220.520.22-0.15-0.290.37-0.31-0.480.40.52
0.880.560.570.530.840.36-0.680.50.640.410.920.870.60.440.99-0.220.310.690.950.820.640.60.160.27-0.15
0.260.070.53-0.420.360.340.15-0.440.11-0.330.33-0.020.150.060.350.520.310.610.450.180.470.11-0.080.690.2
0.730.430.690.110.780.6-0.310.080.560.130.780.50.470.070.770.220.690.610.730.60.750.41-0.030.690.03
0.830.410.740.40.80.27-0.550.370.480.220.940.80.750.370.95-0.150.950.450.730.810.560.730.330.27-0.12
0.90.70.460.740.850.05-0.560.710.630.590.850.920.670.00.86-0.290.820.180.60.810.350.710.420.12-0.41
0.640.530.410.070.720.86-0.340.060.770.290.590.410.070.290.670.370.640.470.750.560.35-0.02-0.410.740.27
0.560.090.750.450.49-0.2-0.380.40.050.010.760.640.990.110.62-0.310.60.110.410.730.71-0.020.7-0.24-0.23
0.15-0.090.30.360.05-0.55-0.180.33-0.28-0.070.280.360.63-0.290.17-0.480.16-0.08-0.030.330.42-0.410.7-0.45-0.4
0.30.310.24-0.320.410.630.08-0.330.410.00.230.0-0.180.040.320.40.270.690.690.270.120.74-0.24-0.450.19
-0.06-0.050.17-0.480.010.60.18-0.470.0-0.23-0.06-0.33-0.140.41-0.130.52-0.150.20.03-0.12-0.410.27-0.23-0.40.19
Click cells to compare fundamentals

DHI Account Relationship Matchups

DHI fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets278.3M241.0M221.6M226.7M225.2M301.8M
Total Stockholder Equity161.2M127.6M116.4M106.2M107.5M145.0M
Net Debt24.4M29.1M30.6M35.5M42.3M34.8M
Cash5.4M7.6M1.5M3.0M4.2M4.0M
Non Current Assets Total245.2M207.5M197.1M198.9M194.3M241.6M
Non Currrent Assets Other2.6M1.6M1.9M8.0M8.3M8.7M
Other Assets8.1M25.8M11.0M3.9M4.4M7.1M
Cash And Short Term Investments5.4M7.6M1.5M3.0M4.2M4.0M
Common Stock Shares Outstanding51.6M48.3M46.3M46.5M44.5M46.3M
Liabilities And Stockholders Equity278.3M241.0M221.6M226.7M225.2M301.8M
Other Stockholder Equity105.8M101.4M91.5M77.5M74.6M106.4M
Total Liab117.1M113.4M105.2M120.5M117.7M156.8M
Total Current Assets33.1M33.5M24.5M27.8M30.9M42.4M
Short Long Term Debt Total29.7M36.7M32.1M38.5M46.5M48.6M
Other Current Liab984K123K622K34K17.4M18.3M
Total Current Liabilities74.1M65.4M63.5M74.1M68.9M85.9M
Property Plant And Equipment Net40.1M40.9M27.5M27.8M30.0M18.4M
Current Deferred Revenue50.6M42.4M45.2M50.1M49.5M61.4M
Retained Earnings84.0M54.0M24.2M28.4M32.2M33.8M
Accounts Payable18.9M19.4M15.9M23.8M17.4M19.4M
Net Receivables23.5M21.3M18.7M20.5M22.4M28.4M
Good Will154.0M156.1M133.4M128.1M115.3M130.2M
Common Stock Total Equity696K714K738K766K880.9K714.5K
Non Current Liabilities Total43.0M48.0M41.8M46.4M48.8M62.5M
Other Current Assets4.2M4.5M4.2M4.3M4.2M3.8M
Property Plant And Equipment Gross40.1M40.9M20.6M21.3M77.3M81.1M
Accumulated Other Comprehensive Income(29.2M)(28.5M)(61K)(481K)(83K)(87.2K)
Common Stock696K714K738K766K789K722.5K
Other Liab16.9M14.7M12.0M8.0M9.2M11.2M
Long Term Debt9.4M19.6M22.7M30M38M45.4M
Property Plant Equipment20.4M24.5M27.5M27.8M32.0M33.6M
Short Term Debt3.6M3.4M2.4M105K2.0M1.9M
Treasury Stock(121.5M)(132.2M)(150.4M)(174.1M)(156.7M)(164.5M)
Net Tangible Assets(33.9M)127.6M(35.5M)106.2M122.2M128.3M
Retained Earnings Total Equity84.0M54.0M24.2M28.4M32.7M41.6M
Long Term Debt Total9.4M19.6M22.7M30M27M40.4M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether DHI Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DHI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dhi Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dhi Group Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DHI Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the DHI Group information on this page should be used as a complementary analysis to other DHI's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for DHI Stock analysis

When running DHI's price analysis, check to measure DHI'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 DHI is operating at the current time. Most of DHI's value examination focuses on studying past and present price action to predict the probability of DHI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DHI's price. Additionally, you may evaluate how the addition of DHI to your portfolios can decrease your overall portfolio volatility.
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Equity Valuation
Check real value of public entities based on technical and fundamental data
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Is DHI's 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 DHI. If investors know DHI 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 DHI 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
(0.02)
Earnings Share
0.04
Revenue Per Share
3.42
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0272
The market value of DHI Group is measured differently than its book value, which is the value of DHI that is recorded on the company's balance sheet. Investors also form their own opinion of DHI's value that differs from its market value or its book value, called intrinsic value, which is DHI's 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 DHI's market value can be influenced by many factors that don't directly affect DHI's 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 DHI's value and its price as these two are different measures arrived at by different means. Investors typically determine if DHI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DHI's 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.