Fidelity Depreciation And Amortization vs Tax Provision Analysis
FDBC Stock | USD 45.92 0.39 0.86% |
Fidelity financial indicator trend analysis is much more than just examining Fidelity DD Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fidelity DD Bancorp is a good investment. Please check the relationship between Fidelity 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 Fidelity DD Bancorp. 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 labor statistics.
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 Fidelity DD Bancorp Depreciation And Amortization account and Tax Provision. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fidelity's Depreciation And Amortization and Tax Provision is 0.7. 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 Fidelity DD Bancorp, assuming nothing else is changed. The correlation between historical values of Fidelity'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 Fidelity DD Bancorp 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., Fidelity's Depreciation And Amortization and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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 Fidelity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fidelity DD Bancorp 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 Fidelity DD Bancorp. 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 labor statistics. At present, Fidelity's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.6M | 6.4M | 2.8M | 2.7M | Depreciation And Amortization | 5.4M | 5.3M | 5.7M | 3.1M |
Fidelity fundamental ratios Correlations
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Fidelity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fidelity fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 964.2M | 1.7B | 2.4B | 2.4B | 2.5B | 2.6B | |
Short Long Term Debt Total | 27.6M | 5M | 10.6M | 20.6M | 134.1M | 140.8M | |
Other Current Liab | (13.6M) | (10.4M) | (15.9M) | (30.4M) | 911.7M | 957.3M | |
Total Current Liabilities | 13.6M | 10.4M | 15.9M | 30.4M | 1.0B | 1.1B | |
Total Stockholder Equity | 97.7M | 166.7M | 211.7M | 163.0M | 189.5M | 199.0M | |
Property Plant And Equipment Net | 18.2M | 27.6M | 29.3M | 31.3M | 42.0M | 44.1M | |
Net Debt | 12.3M | (64.3M) | (86.3M) | (8.5M) | 22.2M | 28.8M | |
Retained Earnings | 72.4M | 80.0M | 97.4M | 119.8M | 128.3M | 134.7M | |
Accounts Payable | 7.7M | 10.4M | 15.9M | 17.5M | 15.7M | 14.9M | |
Cash | 15.3M | 69.3M | 96.9M | 29.1M | 111.9M | 117.5M | |
Non Current Assets Total | 200.9M | 428.8M | 789.9M | 696.1M | 2.4B | 2.5B | |
Non Currrent Assets Other | (4.1M) | (5.8M) | (8.7M) | (27.4M) | 2.2B | 2.4B | |
Other Assets | 543.3M | 783.1M | 759.6M | 1.2B | 1.4B | 1.4B | |
Cash And Short Term Investments | 200.4M | 461.8M | 835.9M | 29.1M | (111.9M) | (106.4M) | |
Net Receivables | 19.6M | 25.8M | 33.8M | 41.7M | 42.7M | 44.8M | |
Common Stock Total Equity | 30.8M | 77.7M | 114.1M | 115.6M | 133.0M | 139.6M | |
Common Stock Shares Outstanding | 3.8M | 4.6M | 5.4M | 5.7M | 5.7M | 4.0M | |
Liabilities And Stockholders Equity | 964.2M | 1.7B | 2.4B | 2.4B | 2.5B | 2.6B | |
Non Current Liabilities Total | 21.7M | 5M | 10.6M | 30.4M | 1.3B | 1.4B | |
Other Stockholder Equity | (9.1M) | 77.7M | 114.1M | (1.3M) | 117.7M | 123.6M | |
Total Liab | 866.5M | 1.5B | 2.2B | 2.2B | 2.3B | 2.4B | |
Property Plant And Equipment Gross | 27.9M | 27.6M | 61.0M | 63.7M | 66.6M | 70.0M | |
Total Current Assets | 220.1M | 487.6M | 869.6M | 491.7M | 121.0M | 115.0M | |
Accumulated Other Comprehensive Income | 3.6M | 9.0M | 179K | (71.2M) | (56.5M) | (53.6M) | |
Short Term Debt | 5.9M | 628K | 1.6M | 12.9M | 124.0M | 130.2M | |
Common Stock | 30.8M | 77.7M | 114.1M | 115.6M | 117.7M | 123.6M | |
Short Term Investments | 185.1M | 392.4M | 739.0M | 420.9M | 344.0M | 326.8M | |
Other Liab | 7.0M | 10.1M | 26.9M | 16.8M | 19.3M | 20.3M | |
Long Term Debt | 15M | 5M | 10.6M | 7.6M | 7.4M | 9.8M | |
Inventory | (19.3M) | (75.3M) | (104.8M) | 383.1M | 102.9M | 108.0M | |
Property Plant Equipment | 27.9M | 35.0M | 29.3M | 31.3M | 36.0M | 22.3M | |
Retained Earnings Total Equity | 72.4M | 80.0M | 97.4M | 119.8M | 137.7M | 144.6M | |
Intangible Assets | 209K | 1.7M | 1.9M | 1.5M | 1.2M | 1.2M | |
Net Tangible Assets | 106.6M | 157.9M | 190.2M | 141.8M | 163.0M | 117.9M | |
Long Term Investments | 185.1M | 392.4M | 739.0M | 643.6M | 568.3M | 410.4M | |
Non Current Liabilities Other | 29.5M | 23.3M | 26.9M | 10.5M | 12.0M | 14.7M | |
Other Current Assets | 19.3M | 75.3M | 104.8M | 37.7M | 121.0M | 118.9M | |
Short Long Term Debt | 7.5M | 76.4M | 37.8M | 12.9M | 117M | 122.9M |
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity DD Bancorp. 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 labor statistics. Note that the Fidelity DD Bancorp information on this page should be used as a complementary analysis to other Fidelity'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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Is Fidelity'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 Fidelity. If investors know Fidelity 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 Fidelity 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 (0.29) | Dividend Share 1.48 | Earnings Share 2.83 | Revenue Per Share 12.405 | Quarterly Revenue Growth (0.08) |
The market value of Fidelity DD Bancorp is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity's value that differs from its market value or its book value, called intrinsic value, which is Fidelity'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 Fidelity's market value can be influenced by many factors that don't directly affect Fidelity'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 Fidelity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity'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.