Dolby Gross Profit vs Selling General Administrative Analysis

DLB Stock  USD 79.29  0.42  0.53%   
Dolby Laboratories financial indicator trend analysis is much more than just examining Dolby Laboratories latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dolby Laboratories is a good investment. Please check the relationship between Dolby Laboratories Gross Profit and its Selling General Administrative accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dolby Laboratories. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Dolby Stock refer to our How to Trade Dolby Stock guide.

Gross Profit vs Selling General Administrative

Gross Profit vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dolby Laboratories Gross Profit account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dolby Laboratories' Gross Profit and Selling General Administrative is 0.56. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Dolby Laboratories, assuming nothing else is changed. The correlation between historical values of Dolby Laboratories' Gross Profit and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Dolby Laboratories are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Gross Profit i.e., Dolby Laboratories' Gross Profit and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Dolby Laboratories minus its cost of goods sold. It is profit before Dolby Laboratories operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Selling General Administrative

Most indicators from Dolby Laboratories' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dolby Laboratories 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 Dolby Laboratories. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Dolby Stock refer to our How to Trade Dolby Stock guide.At present, Dolby Laboratories' Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 26.65, whereas Selling General Administrative is forecasted to decline to about 186.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B892.2M1.0B771.3M
Total Revenue1.3B1.0B1.2B837.9M

Dolby Laboratories fundamental ratios Correlations

1.0-0.80.870.910.60.950.450.670.670.80.940.721.00.430.940.60.680.620.910.510.870.580.59-0.180.73
1.0-0.820.870.920.620.940.510.630.630.770.940.71.00.420.940.550.650.580.90.530.830.540.56-0.130.69
-0.8-0.82-0.97-0.94-0.52-0.86-0.47-0.5-0.5-0.69-0.81-0.33-0.81-0.4-0.65-0.51-0.48-0.51-0.71-0.43-0.76-0.35-0.740.02-0.6
0.870.87-0.970.960.510.930.430.550.550.720.870.410.870.360.70.570.530.580.760.430.830.390.78-0.110.64
0.910.92-0.940.960.650.940.530.560.560.710.840.520.910.420.770.510.510.520.790.540.770.440.67-0.040.63
0.60.62-0.520.510.650.570.390.630.640.390.420.60.60.590.570.420.510.430.560.950.330.570.33-0.120.62
0.950.94-0.860.930.940.570.340.690.690.710.890.60.950.390.780.670.640.720.860.450.850.550.72-0.320.74
0.450.51-0.470.430.530.390.34-0.18-0.180.340.350.260.48-0.010.52-0.27-0.2-0.310.480.390.18-0.170.020.54-0.13
0.670.63-0.50.550.560.630.69-0.181.00.560.60.650.630.690.590.890.930.890.610.60.650.890.62-0.580.98
0.670.63-0.50.550.560.640.69-0.181.00.550.590.670.630.70.590.890.930.880.60.610.640.890.62-0.590.98
0.80.77-0.690.720.710.390.710.340.560.550.850.560.770.430.790.580.60.470.770.340.910.630.410.040.66
0.940.94-0.810.870.840.420.890.350.60.590.850.550.940.350.890.610.70.620.860.340.940.530.56-0.130.69
0.720.7-0.330.410.520.60.60.260.650.670.560.550.70.530.780.450.610.410.610.580.520.660.35-0.270.63
1.01.0-0.810.870.910.60.950.480.630.630.770.940.70.40.930.560.650.60.910.490.850.540.57-0.170.69
0.430.42-0.40.360.420.590.39-0.010.690.70.430.350.530.40.440.420.620.430.270.610.340.580.36-0.180.67
0.940.94-0.650.70.770.570.780.520.590.590.790.890.780.930.440.470.670.450.850.540.780.570.38-0.020.64
0.60.55-0.510.570.510.420.67-0.270.890.890.580.610.450.560.420.470.860.930.650.350.730.870.7-0.680.92
0.680.65-0.480.530.510.510.64-0.20.930.930.60.70.610.650.620.670.860.850.60.50.720.860.56-0.50.95
0.620.58-0.510.580.520.430.72-0.310.890.880.470.620.410.60.430.450.930.850.610.320.680.750.68-0.740.9
0.910.9-0.710.760.790.560.860.480.610.60.770.860.610.910.270.850.650.60.610.460.820.630.52-0.260.67
0.510.53-0.430.430.540.950.450.390.60.610.340.340.580.490.610.540.350.50.320.460.260.520.31-0.040.58
0.870.83-0.760.830.770.330.850.180.650.640.910.940.520.850.340.780.730.720.680.820.260.640.63-0.230.75
0.580.54-0.350.390.440.570.55-0.170.890.890.630.530.660.540.580.570.870.860.750.630.520.640.44-0.50.9
0.590.56-0.740.780.670.330.720.020.620.620.410.560.350.570.360.380.70.560.680.520.310.630.44-0.540.67
-0.18-0.130.02-0.11-0.04-0.12-0.320.54-0.58-0.590.04-0.13-0.27-0.17-0.18-0.02-0.68-0.5-0.74-0.26-0.04-0.23-0.5-0.54-0.53
0.730.69-0.60.640.630.620.74-0.130.980.980.660.690.630.690.670.640.920.950.90.670.580.750.90.67-0.53
Click cells to compare fundamentals

Dolby Laboratories Account Relationship Matchups

Dolby Laboratories fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B3.1B2.7B3.0B3.4B2.0B
Total Stockholder Equity2.4B2.6B2.2B2.4B2.7B1.6B
Net Debt(990.7M)(1.2B)(569.2M)(694.7M)(625.2M)(656.5M)
Cash1.1B1.2B620.1M745.4M857.2M591.4M
Cash And Short Term Investments1.1B1.3B809.3M884.5M1.0B756.2M
Common Stock Shares Outstanding102.9M104.6M102.0M97.6M112.2M113.8M
Liabilities And Stockholders Equity2.9B3.1B2.7B3.0B3.4B2.0B
Total Current Assets1.5B1.8B1.3B1.5B1.7B1.0B
Other Current Liab223.2M264.1M231.5M356.2M409.6M430.1M
Total Current Liabilities267.1M315.7M277.5M422.2M485.6M509.8M
Other Liab146.5M129.0M123.3M148.3M170.6M93.7M
Property Plant And Equipment Net618.5M601.5M560.0M521.8M600.0M326.9M
Current Deferred Revenue15.4M18.5M18.6M31.5M36.2M20.5M
Retained Earnings2.4B2.6B2.3B2.4B2.8B1.6B
Accounts Payable12.6M17.8M14.2M20.9M18.8M24.1M
Non Current Assets Total1.4B1.3B1.4B1.5B1.7B997.2M
Non Currrent Assets Other91.2M61.3M55.1M94.7M108.9M114.3M
Other Assets210.1M217.3M238.7M296.5M341.0M358.1M
Net Receivables341.7M414.9M419.7M444.4M511.0M536.6M
Good Will489.4M340.7M365.1M408.4M469.7M281.3M
Non Current Liabilities Total211.8M185.7M161.0M185.4M213.2M109.4M
Inventory25.6M11.0M23.5M35.6M41.0M43.0M
Other Current Assets53.0M62.7M23.2M50.7M45.6M45.6M
Other Stockholder Equity406K100K94K(37.0M)(33.3M)(31.6M)
Total Liab478.9M501.5M438.5M607.6M698.7M733.7M
Property Plant And Equipment Gross618.5M601.5M560.0M521.8M600.0M326.9M
Accumulated Other Comprehensive Income(10.6M)(10.0M)(51.6M)(37.0M)(33.3M)(31.6M)
Short Term Debt15.8M15.4M13.3M13.6M15.7M16.5M
Intangible Assets152.4M122.9M112.3M167.4M192.5M106.4M
Property Plant Equipment542.0M534.4M560.0M521.8M600.0M319.4M
Short Term Investments46.9M38.8M189.2M139.1M125.2M138.8M
Net Tangible Assets1.9B2.1B1.8B1.8B2.0B1.7B

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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 Dolby Laboratories offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dolby Laboratories' 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 Dolby Laboratories Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dolby Laboratories Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dolby Laboratories. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Dolby Stock refer to our How to Trade Dolby Stock guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Dolby Laboratories' price analysis, check to measure Dolby Laboratories' 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 Dolby Laboratories is operating at the current time. Most of Dolby Laboratories' value examination focuses on studying past and present price action to predict the probability of Dolby Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dolby Laboratories' price. Additionally, you may evaluate how the addition of Dolby Laboratories to your portfolios can decrease your overall portfolio volatility.
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Is Dolby Laboratories' 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 Dolby Laboratories. If investors know Dolby 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 Dolby Laboratories 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
0.031
Dividend Share
1.17
Earnings Share
1.94
Revenue Per Share
13.272
Quarterly Revenue Growth
(0.03)
The market value of Dolby Laboratories is measured differently than its book value, which is the value of Dolby that is recorded on the company's balance sheet. Investors also form their own opinion of Dolby Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Dolby Laboratories' 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 Dolby Laboratories' market value can be influenced by many factors that don't directly affect Dolby Laboratories' 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 Dolby Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dolby Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dolby Laboratories' 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.