Douglas Good Will vs Non Current Assets Total Analysis

PLOW Stock  USD 24.92  0.66  2.58%   
Douglas Dynamics financial indicator trend analysis is much more than just examining Douglas Dynamics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Douglas Dynamics is a good investment. Please check the relationship between Douglas Dynamics Good Will and its Non Current Assets Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Douglas Dynamics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Douglas Stock please use our How to Invest in Douglas Dynamics guide.

Good Will vs Non Current Assets Total

Good Will vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Douglas Dynamics Good Will account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Douglas Dynamics' Good Will and Non Current Assets Total is 0.92. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Douglas Dynamics, assuming nothing else is changed. The correlation between historical values of Douglas Dynamics' Good Will and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Douglas Dynamics are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Good Will i.e., Douglas Dynamics' Good Will and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Douglas Dynamics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Douglas Dynamics 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Douglas Dynamics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Douglas Stock please use our How to Invest in Douglas Dynamics guide.At this time, Douglas Dynamics' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.15 in 2024, whereas Selling General Administrative is likely to drop slightly above 54.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense11.8M11.3M20.3M15.5M
Depreciation And Amortization21.8M20.8M26.8M16.4M

Douglas Dynamics fundamental ratios Correlations

0.89-0.040.70.890.760.480.90.820.560.010.930.150.010.930.750.40.480.860.68-0.260.610.950.470.840.54
0.890.090.560.620.640.290.990.680.40.110.880.280.110.760.670.020.10.950.55-0.20.250.970.40.690.45
-0.040.090.45-0.130.12-0.620.04-0.120.030.24-0.140.430.24-0.06-0.25-0.2-0.17-0.060.38-0.08-0.130.020.670.120.61
0.70.560.450.660.770.130.560.440.72-0.120.490.11-0.120.750.240.420.520.430.97-0.250.650.640.890.840.87
0.890.62-0.130.660.680.460.620.890.520.020.830.060.020.840.720.610.660.570.61-0.440.740.720.390.760.56
0.760.640.120.770.680.510.630.430.790.110.50.070.110.870.160.40.460.530.81-0.160.690.730.630.950.47
0.480.29-0.620.130.460.510.30.270.430.00.39-0.30.00.590.260.470.510.40.210.170.570.44-0.140.48-0.27
0.90.990.040.560.620.630.30.660.440.00.880.220.00.770.680.040.120.950.56-0.150.270.970.40.690.44
0.820.68-0.120.440.890.430.270.660.220.150.890.160.150.650.880.250.320.640.35-0.490.360.680.190.510.46
0.560.40.030.720.520.790.430.440.22-0.260.28-0.43-0.260.710.00.380.420.290.80.10.630.530.520.850.36
0.010.110.24-0.120.020.110.00.00.15-0.260.020.41.0-0.03-0.05-0.2-0.180.04-0.18-0.38-0.140.01-0.120.01-0.07
0.930.88-0.140.490.830.50.390.880.890.280.020.230.020.760.920.270.350.890.44-0.320.410.890.260.590.44
0.150.280.430.110.060.07-0.30.220.16-0.430.40.230.40.040.2-0.03-0.010.250.03-0.41-0.030.20.310.00.37
0.010.110.24-0.120.020.110.00.00.15-0.261.00.020.4-0.03-0.05-0.2-0.180.04-0.18-0.38-0.140.01-0.120.01-0.07
0.930.76-0.060.750.840.870.590.770.650.71-0.030.760.04-0.030.530.530.580.730.76-0.080.740.880.540.940.49
0.750.67-0.250.240.720.160.260.680.880.0-0.050.920.2-0.050.530.220.280.740.16-0.280.240.680.030.290.31
0.40.02-0.20.420.610.40.470.040.250.38-0.20.27-0.03-0.20.530.220.970.050.42-0.140.930.220.270.50.31
0.480.1-0.170.520.660.460.510.120.320.42-0.180.35-0.01-0.180.580.280.970.140.53-0.210.950.30.360.550.38
0.860.95-0.060.430.570.530.40.950.640.290.040.890.250.040.730.740.050.140.44-0.050.240.950.290.590.29
0.680.550.380.970.610.810.210.560.350.8-0.180.440.03-0.180.760.160.420.530.44-0.140.670.650.890.870.76
-0.26-0.2-0.08-0.25-0.44-0.160.17-0.15-0.490.1-0.38-0.32-0.41-0.38-0.08-0.28-0.14-0.21-0.05-0.14-0.2-0.11-0.11-0.1-0.48
0.610.25-0.130.650.740.690.570.270.360.63-0.140.41-0.03-0.140.740.240.930.950.240.67-0.20.450.460.750.43
0.950.970.020.640.720.730.440.970.680.530.010.890.20.010.880.680.220.30.950.65-0.110.450.460.80.46
0.470.40.670.890.390.63-0.140.40.190.52-0.120.260.31-0.120.540.030.270.360.290.89-0.110.460.460.660.84
0.840.690.120.840.760.950.480.690.510.850.010.590.00.010.940.290.50.550.590.87-0.10.750.80.660.56
0.540.450.610.870.560.47-0.270.440.460.36-0.070.440.37-0.070.490.310.310.380.290.76-0.480.430.460.840.56
Click cells to compare fundamentals

Douglas Dynamics Account Relationship Matchups

Douglas Dynamics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets705.7M579.2M572.5M596.9M617.5M561.1M
Short Long Term Debt Total273.6M268.0M239.9M226.5M256.7M241.3M
Other Current Liab6.5M7.9M10.2M4.1M21M22.1M
Total Current Liabilities78.1M66.2M81.9M100.4M118.5M124.4M
Total Stockholder Equity313.2M200.2M214.6M237.1M231.6M211.6M
Property Plant And Equipment Net81.0M85.8M85.2M86.1M85.3M53.7M
Current Deferred Revenue22.9M28.2M25.9M29.8M4.8M4.6M
Net Debt237.9M227.0M202.9M205.9M232.5M204.7M
Retained Earnings160.7M47.7M51.9M63.5M59.7M70.3M
Accounts Payable16.1M16.3M27.4M49.3M31.4M16.4M
Cash35.7M41.0M37.0M20.7M24.2M26.6M
Non Current Assets Total494.2M362.0M352.0M344.0M355.3M381.5M
Non Currrent Assets Other8.4M10.3M11.6M(19.6M)10.8M11.3M
Cash And Short Term Investments35.7M41.0M37.0M20.7M24.2M26.6M
Net Receivables87.9M83.2M72.3M86.8M88.6M66.8M
Common Stock Total Equity227K228K229K230K263.4K202.0K
Common Stock Shares Outstanding22.8M22.8M23.0M22.9M23.0M23.0M
Liabilities And Stockholders Equity705.7M579.2M572.5M596.9M617.5M561.1M
Non Current Liabilities Total314.4M312.8M276.0M259.4M267.4M290.4M
Inventory84.5M87.6M106.7M137.7M142.6M149.7M
Other Current Assets3.5M5.3M4.5M7.8M6.9M4.8M
Other Stockholder Equity155.0M157.8M163.6M164.3M165.2M144.5M
Total Liab392.5M379.0M357.9M359.8M386.0M349.5M
Property Plant And Equipment Gross81.0M85.8M85.2M86.1M186.3M195.6M
Total Current Assets211.5M217.2M220.4M252.9M262.2M179.6M
Accumulated Other Comprehensive Income(2.8M)(5.5M)(1.1M)9.1M6.4M6.7M
Short Term Debt32.5M13.9M18.4M17.2M61.3M64.4M
Intangible Assets163.7M152.8M142.1M131.6M121.1M157.6M
Common Stock226K227K228K229K230K205.0K
Other Liab68.2M58.7M54.5M50.0M57.5M50.4M
Other Assets8.4M31.8M11.6M10.3M11.8M8.3M
Long Term Debt222.1M236.7M206.1M195.3M181.5M216.9M
Property Plant Equipment58.4M64.3M85.2M68.7M79.0M48.4M
Net Tangible Assets(72.6M)(48.3M)(40.6M)201.7M232.0M243.6M
Retained Earnings Total Equity160.7M47.7M51.9M63.5M73.0M75.6M
Long Term Debt Total274.9M242.9M222.1M236.7M272.2M229.4M
Capital Surpluse155.0M157.8M163.6M164.3M188.9M163.1M
Deferred Long Term Liab47.2M26.7M29.8M29.8M34.3M42.2M
Non Current Liabilities Other26.2M32.0M24.7M20.2M6.1M5.8M

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