Donegal Historical Income Statement
| DGICB Stock | USD 12.80 0.00 0.00% |
Historical analysis of Donegal Group income statement accounts such as Gross Profit of 973.7 M or Other Operating Expenses of 967.7 M can show how well Donegal Group B performed in making a profits. Evaluating Donegal Group income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Donegal Group's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Donegal Group B latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Donegal Group B is a good buy for the upcoming year.
Donegal |
About Donegal Income Statement Analysis
Donegal Group B Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Donegal Group shareholders. The income statement also shows Donegal investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Donegal Group Income Statement Chart
Donegal Group B Income Statement is one of the three primary financial statements used for reporting Donegal's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Donegal Group B revenue and expense. Donegal Group Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Donegal Group's Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 973.7 M, whereas EBITDA is forecasted to decline to about 4.1 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Donegal Group B generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Donegal Group B minus its cost of goods sold. It is profit before Donegal Group operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Donegal Group B. It is also known as Donegal Group overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Donegal Group's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Donegal Group B current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Donegal Group B. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. At present, Donegal Group's Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 973.7 M, whereas EBITDA is forecasted to decline to about 4.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 816.5M | 454.0 | 927.3M | 973.7M | Total Revenue | 816.5M | 454.0 | 927.3M | 973.7M |
Donegal Group income statement Correlations
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Donegal Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Donegal Group income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 1.6M | 1.2M | 896K | 621K | 619.8K | 1.2M | |
| Total Revenue | 812.2M | 777.8M | 816.5M | 454.0 | 927.3M | 973.7M | |
| Gross Profit | 812.2M | 777.8M | 816.5M | 454.0 | 927.3M | 973.7M | |
| Other Operating Expenses | 755.1M | 714.5M | 786.1M | 851.9M | 921.7M | 967.7M | |
| Operating Income | 56.6M | 62.8M | 29.9M | (8.5M) | 620.2M | 651.2M | |
| Ebit | (45.9M) | 56.6M | 62.8M | 29.9M | (8.5M) | 0.0 | |
| Ebitda | 62.2M | 69.6M | 35.7M | (3.6M) | 4.3M | 4.1M | |
| Total Operating Expenses | (755.5M) | (715.0M) | (786.6M) | 851.9M | 307.2M | 322.5M | |
| Net Income | 47.2M | 52.8M | 25.3M | (2.0M) | 4.4M | 4.2M | |
| Income Tax Expense | 9.9M | 10.5M | 5.1M | (1.7M) | 638.0K | 606.1K | |
| Depreciation And Amortization | 5.6M | 6.7M | 5.8M | 4.8M | 4.3M | 3.0M | |
| Income Before Tax | 57.1M | 63.3M | 30.3M | (3.6M) | 5.1M | 4.8M | |
| Total Other Income Expense Net | 444K | 434K | 431K | 4.8M | 5.1M | 5.3M | |
| Cost Of Revenue | 68.0 | (358.0) | 752.4M | (16.0) | (18.4) | (17.48) | |
| Net Income From Continuing Ops | 47.2M | 52.8M | 25.3M | (2.0M) | 9.9M | 14.6M | |
| Net Income Applicable To Common Shares | 47.2M | 52.8M | 25.3M | (2.0M) | (1.8M) | (1.7M) | |
| Tax Provision | 9.9M | 10.5M | 5.1M | (1.7M) | 1.8M | 2.9M | |
| Net Interest Income | (1.6M) | (1.2M) | (896K) | (621K) | (620.3K) | (651.3K) | |
| Reconciled Depreciation | 5.6M | 6.7M | 5.8M | 4.8M | 4.3M | 4.6M |
Pair Trading with Donegal Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Donegal Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Donegal Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Donegal Stock
| 0.63 | FACO | First Acceptance Corp | PairCorr |
Moving against Donegal Stock
| 0.86 | HRTG | Heritage Insurance Hldgs | PairCorr |
| 0.85 | PGR | Progressive Corp Sell-off Trend | PairCorr |
| 0.84 | HCI | HCI Group Earnings Call This Week | PairCorr |
| 0.8 | ALL | Allstate | PairCorr |
| 0.77 | DOMA | Doma Holdings | PairCorr |
The ability to find closely correlated positions to Donegal Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Donegal Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Donegal Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Donegal Group B to buy it.
The correlation of Donegal Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Donegal Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Donegal Group B moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Donegal Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Donegal Group B. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Donegal Group B information on this page should be used as a complementary analysis to other Donegal Group'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Donegal Stock analysis
When running Donegal Group's price analysis, check to measure Donegal Group's 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 Donegal Group is operating at the current time. Most of Donegal Group's value examination focuses on studying past and present price action to predict the probability of Donegal Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Donegal Group's price. Additionally, you may evaluate how the addition of Donegal Group to your portfolios can decrease your overall portfolio volatility.
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Is Donegal Group'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 Donegal Group. If investors know Donegal 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 Donegal Group 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 0.128 | Dividend Share 0.68 | Earnings Share 0.16 | Revenue Per Share 28.425 | Quarterly Revenue Growth 0.073 |
The market value of Donegal Group B is measured differently than its book value, which is the value of Donegal that is recorded on the company's balance sheet. Investors also form their own opinion of Donegal Group's value that differs from its market value or its book value, called intrinsic value, which is Donegal Group'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 Donegal Group's market value can be influenced by many factors that don't directly affect Donegal Group'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 Donegal Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Donegal Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Donegal Group'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.