Dorman Total Stockholder Equity vs Property Plant And Equipment Gross 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 Total Stockholder Equity and its Property Plant And Equipment Gross 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.

Total Stockholder Equity vs Property Plant And Equipment Gross

Total Stockholder Equity vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dorman Products Total Stockholder Equity account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Dorman Products' Total Stockholder Equity and Property Plant And Equipment Gross is 0.84. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant And Equipment Gross 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' Total Stockholder Equity and Property Plant And Equipment Gross 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 Stockholder Equity of Dorman Products are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Stockholder Equity i.e., Dorman Products' Total Stockholder Equity and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Gross

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
Click cells to compare fundamentals

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

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Dorman Products using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Dorman Stock analysis

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.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
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.