Dorman Net Debt vs Common Stock Shares Outstanding Analysis

DORM Stock  USD 91.10  0.88  0.96%   
Dorman Products financial indicator trend analysis is much more than just examining Dorman Products latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dorman Products is a good investment. Please check the relationship between Dorman Products Net Debt and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorman Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.

Net Debt vs Common Stock Shares Outstanding

Net Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dorman Products Net Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dorman Products' Net Debt and Common Stock Shares Outstanding is -0.3. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Dorman Products, assuming nothing else is changed. The correlation between historical values of Dorman Products' Net Debt and Common Stock Shares Outstanding 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 Debt of Dorman Products are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Debt i.e., Dorman Products' Net Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Dorman Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dorman Products 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 Dorman Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.At this time, Dorman Products' Selling General Administrative is very stable compared to the past year. As of the 22nd of May 2024, Tax Provision is likely to grow to about 33.4 M, while Enterprise Value Over EBITDA is likely to drop 8.02.
 2021 2022 2023 2024 (projected)
Gross Profit462.9M564.5M685.4M719.7M
Total Revenue1.3B1.7B1.9B2.0B

Dorman Products fundamental ratios Correlations

0.920.940.950.950.990.890.950.980.92-0.60.90.990.610.060.970.90.980.810.970.85-0.02-0.020.920.150.12
0.920.820.870.780.920.990.770.970.71-0.360.980.940.73-0.010.980.880.840.840.830.66-0.27-0.270.990.0-0.06
0.940.820.970.890.920.790.890.890.92-0.60.770.920.5-0.090.920.780.950.810.930.810.060.060.840.060.04
0.950.870.970.870.920.850.870.920.88-0.60.80.960.54-0.030.950.770.940.930.950.83-0.04-0.040.90.080.07
0.950.780.890.870.960.721.00.890.98-0.710.760.920.470.170.860.840.980.670.970.90.170.170.770.30.29
0.990.920.920.920.960.880.950.980.92-0.580.90.980.620.10.960.920.970.780.950.84-0.02-0.020.920.180.15
0.890.990.790.850.720.880.710.950.65-0.30.970.910.74-0.10.960.870.790.830.790.6-0.39-0.380.99-0.07-0.14
0.950.770.890.871.00.950.710.890.98-0.710.750.920.450.170.860.840.980.670.970.910.180.180.760.30.3
0.980.970.890.920.890.980.950.890.84-0.480.960.980.660.010.990.930.930.820.920.78-0.16-0.160.970.060.01
0.920.710.920.880.980.920.650.980.84-0.710.680.880.410.070.820.790.970.650.950.880.210.210.720.260.26
-0.6-0.36-0.6-0.6-0.71-0.58-0.3-0.71-0.48-0.71-0.3-0.6-0.14-0.26-0.48-0.31-0.69-0.48-0.69-0.77-0.39-0.39-0.34-0.48-0.52
0.90.980.770.80.760.90.970.750.960.68-0.30.90.75-0.030.950.910.810.720.780.6-0.27-0.270.96-0.01-0.09
0.990.940.920.960.920.980.910.920.980.88-0.60.90.640.040.980.860.960.870.960.84-0.1-0.090.940.160.13
0.610.730.50.540.470.620.740.450.660.41-0.140.750.64-0.010.680.620.540.540.50.2-0.38-0.380.720.210.12
0.06-0.01-0.09-0.030.170.1-0.10.170.010.07-0.26-0.030.04-0.01-0.030.030.1-0.030.10.140.470.47-0.050.610.65
0.970.980.920.950.860.960.960.860.990.82-0.480.950.980.68-0.030.880.920.870.910.76-0.16-0.160.980.03-0.01
0.90.880.780.770.840.920.870.840.930.79-0.310.910.860.620.030.880.830.610.820.64-0.19-0.190.890.07-0.01
0.980.840.950.940.980.970.790.980.930.97-0.690.810.960.540.10.920.830.780.980.890.120.130.840.240.23
0.810.840.810.930.670.780.830.670.820.65-0.480.720.870.54-0.030.870.610.780.820.7-0.21-0.210.86-0.01-0.01
0.970.830.930.950.970.950.790.970.920.95-0.690.780.960.50.10.910.820.980.820.910.060.060.840.240.23
0.850.660.810.830.90.840.60.910.780.88-0.770.60.840.20.140.760.640.890.70.910.220.220.650.190.25
-0.02-0.270.06-0.040.17-0.02-0.390.18-0.160.21-0.39-0.27-0.1-0.380.47-0.16-0.190.12-0.210.060.221.0-0.320.330.42
-0.02-0.270.06-0.040.17-0.02-0.380.18-0.160.21-0.39-0.27-0.09-0.380.47-0.16-0.190.13-0.210.060.221.0-0.320.330.42
0.920.990.840.90.770.920.990.760.970.72-0.340.960.940.72-0.050.980.890.840.860.840.65-0.32-0.32-0.03-0.1
0.150.00.060.080.30.18-0.070.30.060.26-0.48-0.010.160.210.610.030.070.24-0.010.240.190.330.33-0.030.98
0.12-0.060.040.070.290.15-0.140.30.010.26-0.52-0.090.130.120.65-0.01-0.010.23-0.010.230.250.420.42-0.10.98
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Dorman Products Account Relationship Matchups

Dorman Products fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.2B1.7B2.3B2.3B2.4B
Other Current Liab130.1M204.8M248.3M246.6M245.2M257.4M
Total Current Liabilities220.5M322.6M665.0M678.3M547.2M574.5M
Total Stockholder Equity773.6M853.6M932.7M1.0B1.2B1.2B
Property Plant And Equipment Net134.0M130.0M173.9M258.5M263.6M276.8M
Net Debt(38.6M)(118.5M)233.0M786.5M647.0M679.3M
Retained Earnings720.7M789.2M856.4M956.9M1.1B1.1B
Non Current Assets Total286.5M297.7M596.5M1.1B1.1B1.1B
Net Receivables391.8M460.9M472.8M427.4M526.9M553.2M
Common Stock Shares Outstanding32.7M32.4M32.0M31.5M31.5M37.2M
Liabilities And Stockholders Equity1.0B1.2B1.7B2.3B2.3B2.4B
Non Current Liabilities Total47.0M44.5M75.3M620.9M577.1M605.9M
Inventory280.8M298.7M532.0M755.9M637.4M669.2M
Other Current Assets13.6M7.8M13.0M39.8M32.7M34.3M
Other Stockholder Equity52.6M64.1M77.5M88.8M101.0M56.9M
Total Liab267.5M367.1M740.4M1.3B1.1B1.2B
Property Plant And Equipment Gross134.0M91.0M173.9M258.5M504.2M529.4M
Total Current Assets754.6M922.9M1.1B1.3B1.2B1.3B
Accounts Payable90.4M117.9M177.4M179.8M176.7M185.5M
Non Currrent Assets Other33.0M30.5M46.5M48.8M38.9M40.8M
Cash68.4M155.6M58.8M46.0M36.8M35.7M
Cash And Short Term Investments68.4M155.6M58.8M46.0M36.8M36.0M
Intangible Assets21.3M25.2M178.8M322.4M301.6M316.6M
Common Stock Total Equity326K322K316K314K361.1K250.6K
Common Stock326K322K316K314K313K240.1K
Good Will74.5M91.1M197.3M443.0M443.9M466.1M
Other Assets37.4M90.4M46.5M39.4M45.3M47.5M
Property Plant Equipment134.0M91.0M173.9M148.5M170.7M179.3M
Other Liab17.3M7.4M22.9M40.2M46.2M48.5M
Net Tangible Assets677.8M774.4M556.6M375.4M431.7M553.0M
Capital Surpluse52.6M64.1M77.5M88.8M102.1M57.5M
Non Current Liabilities Other13.3M3.6M4.9M28.3M9.6M9.8M

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When determining whether Dorman Products is a strong investment it is important to analyze Dorman Products' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dorman Products' future performance. For an informed investment choice regarding Dorman Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorman Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running Dorman Products' price analysis, check to measure Dorman Products' 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 Dorman Products is operating at the current time. Most of Dorman Products' value examination focuses on studying past and present price action to predict the probability of Dorman Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorman Products' price. Additionally, you may evaluate how the addition of Dorman Products to your portfolios can decrease your overall portfolio volatility.
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Is Dorman Products' 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 Dorman Products. If investors know Dorman 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 Dorman Products 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
4.833
Earnings Share
4.97
Revenue Per Share
61.558
Quarterly Revenue Growth
0.004
Return On Assets
0.0827
The market value of Dorman Products is measured differently than its book value, which is the value of Dorman that is recorded on the company's balance sheet. Investors also form their own opinion of Dorman Products' value that differs from its market value or its book value, called intrinsic value, which is Dorman Products' 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 Dorman Products' market value can be influenced by many factors that don't directly affect Dorman Products' 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 Dorman Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dorman Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dorman Products' 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.