Dolby Total Assets vs Total Current Liabilities Analysis

DLB Stock  USD 81.01  1.72  2.17%   
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 Total Assets and its Total Current Liabilities 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.

Total Assets vs Total Current Liabilities

Total Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dolby Laboratories Total Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dolby Laboratories' Total Assets and Total Current Liabilities is 0.67. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Liabilities 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' Total Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Dolby Laboratories are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Assets i.e., Dolby Laboratories' Total Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Dolby Laboratories assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Dolby Laboratories books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Dolby Laboratories balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Dolby Laboratories are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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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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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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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.