Dorchester Historical Income Statement
| DMLP Stock | USD 32.27 0.97 2.92% |
Historical analysis of Dorchester Minerals income statement accounts such as Selling General Administrative of 11.7 M or Total Revenue of 172 M can show how well Dorchester Minerals LP performed in making a profits. Evaluating Dorchester Minerals income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Dorchester Minerals's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Dorchester Minerals 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 Dorchester Minerals is a good buy for the upcoming year.
Dorchester |
About Dorchester Income Statement Analysis
Dorchester Minerals 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 Dorchester Minerals shareholders. The income statement also shows Dorchester 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).
Dorchester Minerals Income Statement Chart
Dorchester Minerals LP Income Statement is one of the three primary financial statements used for reporting Dorchester's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Dorchester Minerals revenue and expense. Dorchester Minerals Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Dorchester Minerals' Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 05/01/2024, Net Income is likely to grow to about 119.8 M, while Operating Income is likely to drop slightly above 11.2 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Dorchester Minerals 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 Dorchester Minerals LP minus its cost of goods sold. It is profit before Dorchester Minerals 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 Dorchester Minerals. It is also known as Dorchester Minerals 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 Dorchester Minerals' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Dorchester Minerals 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 Dorchester Minerals LP. 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 economic analysis. At this time, Dorchester Minerals' Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 05/01/2024, Net Income is likely to grow to about 119.8 M, while Operating Income is likely to drop slightly above 11.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 75.4M | 138.8M | 125.3M | 131.5M | Total Revenue | 93.4M | 170.8M | 163.8M | 172.0M |
Dorchester Minerals income statement Correlations
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Dorchester Minerals Account Relationship Matchups
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Dorchester Minerals income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 13.6M | 12.1M | 10.7M | 19.3M | 26.5M | 15.2M | |
| Selling General Administrative | 6.1M | 7.5M | 5.2M | 8.2M | 11.2M | 11.7M | |
| Total Revenue | 78.8M | 46.9M | 93.4M | 170.8M | 163.8M | 172.0M | |
| Gross Profit | 58.9M | 29.3M | 75.4M | 138.8M | 125.3M | 131.5M | |
| Other Operating Expenses | 26.0M | 25.1M | 23.2M | 40.2M | 49.7M | 25.5M | |
| Operating Income | 52.8M | 21.9M | 70.2M | 130.6M | 11.8M | 11.2M | |
| Ebit | 52.8M | 21.9M | 70.2M | 130.6M | 114.1M | 119.8M | |
| Ebitda | 66.3M | 34.0M | 80.9M | 149.9M | 140.6M | 147.6M | |
| Cost Of Revenue | 19.9M | 17.6M | 18.1M | 32.0M | 38.5M | 40.4M | |
| Total Operating Expenses | 6.1M | 7.5M | 5.2M | 8.2M | 11.2M | 9.4M | |
| Income Before Tax | 52.8M | 21.9M | 70.2M | 130.6M | 114.1M | 119.8M | |
| Net Income Applicable To Common Shares | 54.5M | 22.6M | 72.5M | 135.1M | 155.4M | 163.1M | |
| Net Income | 52.8M | 21.9M | 70.2M | 130.6M | 114.1M | 119.8M | |
| Preferred Stock And Other Adjustments | (1.7M) | (705K) | (2.3M) | (4.5M) | (4.0M) | (3.8M) | |
| Net Income From Continuing Ops | (26.0M) | (25.1M) | (23.2M) | 130.6M | 114.1M | 119.8M | |
| Minority Interest | 1.8M | 1.8M | 1.2M | 536K | 482.4K | 458.3K | |
| Reconciled Depreciation | 13.6M | 12.1M | 10.7M | 19.3M | 26.5M | 15.8M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dorchester Minerals in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dorchester Minerals' short interest history, or implied volatility extrapolated from Dorchester Minerals options trading.
Pair Trading with Dorchester Minerals
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 Dorchester Minerals 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 Dorchester Minerals will appreciate offsetting losses from the drop in the long position's value.Moving together with Dorchester Stock
| 0.82 | AR | Antero Resources Corp | PairCorr |
| 0.88 | PR | Permian Resources Financial Report 13th of May 2024 | PairCorr |
| 0.96 | SD | SandRidge Energy | PairCorr |
| 0.89 | SM | SM Energy | PairCorr |
Moving against Dorchester Stock
| 0.58 | EP | Empire Petroleum Corp | PairCorr |
The ability to find closely correlated positions to Dorchester Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dorchester Minerals 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 Dorchester Minerals - 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 Dorchester Minerals LP to buy it.
The correlation of Dorchester Minerals 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 Dorchester Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dorchester Minerals 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 Dorchester Minerals 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 Dorchester Minerals LP. 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 economic analysis. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Dorchester Stock analysis
When running Dorchester Minerals' price analysis, check to measure Dorchester Minerals' 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 Dorchester Minerals is operating at the current time. Most of Dorchester Minerals' value examination focuses on studying past and present price action to predict the probability of Dorchester Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorchester Minerals' price. Additionally, you may evaluate how the addition of Dorchester Minerals to your portfolios can decrease your overall portfolio volatility.
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Is Dorchester Minerals' 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 Dorchester Minerals. If investors know Dorchester 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 Dorchester Minerals 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 0.247 | Dividend Share 3.519 | Earnings Share 2.85 | Revenue Per Share 4.075 | Quarterly Revenue Growth 0.382 |
The market value of Dorchester Minerals is measured differently than its book value, which is the value of Dorchester that is recorded on the company's balance sheet. Investors also form their own opinion of Dorchester Minerals' value that differs from its market value or its book value, called intrinsic value, which is Dorchester Minerals' 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 Dorchester Minerals' market value can be influenced by many factors that don't directly affect Dorchester Minerals' 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 Dorchester Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dorchester Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dorchester Minerals' 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.