Dolby Net Income vs Free Cash Flow Analysis

DLB Stock  USD 78.32  0.12  0.15%   
Dolby Laboratories financial indicator trend analysis is much more than just examining Dolby Laboratories latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dolby Laboratories is a good investment. Please check the relationship between Dolby Laboratories Net Income and its Free Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dolby Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Dolby Stock refer to our How to Trade Dolby Stock guide.

Net Income vs Free Cash Flow

Net Income vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dolby Laboratories Net Income account and Free Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dolby Laboratories' Net Income and Free Cash Flow is 0.42. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Dolby Laboratories, assuming nothing else is changed. The correlation between historical values of Dolby Laboratories' Net Income and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Dolby Laboratories are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Income i.e., Dolby Laboratories' Net Income and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Dolby Laboratories financial statement analysis. It represents the amount of money remaining after all of Dolby Laboratories operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Dolby Laboratories' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dolby Laboratories 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 Dolby Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Dolby Stock refer to our How to Trade Dolby Stock guide.At present, Dolby Laboratories' Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 58.8 M, whereas Selling General Administrative is forecasted to decline to about 191.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B892.2M1.1B790.3M
Total Revenue1.3B1.0B1.3B860.5M

Dolby Laboratories fundamental ratios Correlations

1.0-0.780.790.770.450.920.420.670.890.790.940.691.00.430.920.560.680.720.90.490.860.720.17-0.130.91
1.0-0.80.80.80.50.920.480.630.840.770.930.671.00.420.910.510.640.690.880.510.820.680.14-0.090.87
-0.78-0.8-0.99-0.96-0.49-0.89-0.57-0.32-0.54-0.65-0.81-0.22-0.79-0.3-0.54-0.29-0.3-0.58-0.59-0.26-0.67-0.340.18-0.03-0.63
0.790.8-0.990.950.510.920.480.40.570.630.820.220.80.340.540.390.390.630.610.290.70.36-0.08-0.050.66
0.770.8-0.960.950.660.890.60.340.490.570.750.250.780.370.530.260.30.50.550.330.570.35-0.160.060.56
0.450.5-0.490.510.660.490.530.390.150.250.320.290.470.540.360.20.280.020.360.740.140.160.220.20.16
0.920.92-0.890.920.890.490.380.60.790.680.880.460.930.380.70.550.550.80.790.350.790.580.08-0.250.82
0.420.48-0.570.480.60.530.38-0.190.050.290.340.180.460.010.39-0.34-0.24-0.10.360.330.110.03-0.470.460.09
0.670.63-0.320.40.340.390.6-0.190.810.590.570.670.630.660.660.90.930.590.680.620.680.720.75-0.330.78
0.890.84-0.540.570.490.150.790.050.810.760.810.770.850.470.850.720.790.80.830.370.870.820.35-0.350.98
0.790.77-0.650.630.570.250.680.290.590.760.840.560.770.420.780.550.60.570.770.340.910.810.120.080.85
0.940.93-0.810.820.750.320.880.340.570.810.840.490.940.340.850.540.670.770.820.310.920.680.06-0.10.89
0.690.67-0.220.220.250.290.460.180.670.770.560.490.660.490.810.460.610.330.660.580.540.720.41-0.140.69
1.01.0-0.790.80.780.470.930.460.630.850.770.940.660.40.910.520.640.720.890.480.830.690.13-0.130.88
0.430.42-0.30.340.370.540.380.010.660.470.420.340.490.40.420.40.580.160.260.570.330.360.430.00.43
0.920.91-0.540.540.530.360.70.390.660.850.780.850.810.910.420.50.710.540.860.580.790.750.260.010.85
0.560.51-0.290.390.260.20.55-0.340.90.720.550.540.460.520.40.50.860.690.670.390.730.720.72-0.530.74
0.680.64-0.30.390.30.280.55-0.240.930.790.60.670.610.640.580.710.860.630.640.50.740.720.67-0.330.79
0.720.69-0.580.630.50.020.8-0.10.590.80.570.770.330.720.160.540.690.630.7-0.020.790.610.14-0.620.83
0.90.88-0.590.610.550.360.790.360.680.830.770.820.660.890.260.860.670.640.70.510.830.80.28-0.250.86
0.490.51-0.260.290.330.740.350.330.620.370.340.310.580.480.570.580.390.5-0.020.510.290.290.650.210.34
0.860.82-0.670.70.570.140.790.110.680.870.910.920.540.830.330.790.730.740.790.830.290.810.26-0.20.95
0.720.68-0.340.360.350.160.580.030.720.820.810.680.720.690.360.750.720.720.610.80.290.810.31-0.260.84
0.170.140.18-0.08-0.160.220.08-0.470.750.350.120.060.410.130.430.260.720.670.140.280.650.260.31-0.260.31
-0.13-0.09-0.03-0.050.060.2-0.250.46-0.33-0.350.08-0.1-0.14-0.130.00.01-0.53-0.33-0.62-0.250.21-0.2-0.26-0.26-0.3
0.910.87-0.630.660.560.160.820.090.780.980.850.890.690.880.430.850.740.790.830.860.340.950.840.31-0.3
Click cells to compare fundamentals

Dolby Laboratories Account Relationship Matchups

Dolby Laboratories fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B3.1B2.7B3.0B3.1B2.0B
Total Stockholder Equity2.4B2.6B2.2B2.4B2.5B1.7B
Net Debt(990.7M)(1.2B)(569.2M)(694.7M)(435.1M)(456.8M)
Cash1.1B1.2B620.1M745.4M482.0M588.8M
Cash And Short Term Investments1.1B1.3B809.3M884.5M482.0M746.4M
Common Stock Shares Outstanding102.9M104.6M102.0M97.6M97.3M113.5M
Liabilities And Stockholders Equity2.9B3.1B2.7B3.0B3.1B2.0B
Total Current Assets1.5B1.8B1.3B1.5B1.2B1.0B
Other Current Liab207.4M244.9M216.1M330.5M379.2M398.1M
Total Current Liabilities267.1M315.7M277.5M422.2M417.8M228.7M
Other Liab146.5M129.0M123.3M148.3M170.6M93.7M
Property Plant And Equipment Net618.5M601.5M560.0M521.8M518.2M338.0M
Current Deferred Revenue15.4M18.5M18.6M31.5M36.2M20.5M
Retained Earnings2.4B2.6B2.3B2.4B2.5B1.6B
Accounts Payable12.6M17.8M14.2M20.9M17.4M23.7M
Non Current Assets Total1.4B1.3B1.4B1.5B1.9B1.0B
Non Currrent Assets Other91.2M61.3M55.1M94.7M120.6M126.6M
Other Assets210.1M217.3M238.7M296.5M341.0M358.1M
Net Receivables341.7M414.9M419.7M444.4M315.5M161.5M
Good Will489.4M340.7M365.1M408.4M533.2M295.2M
Non Current Liabilities Total211.8M185.7M161.0M185.4M225.9M115.7M
Inventory25.6M11.0M23.5M35.6M33.7M20.7M
Other Current Assets53.0M62.7M23.2M50.7M363.2M381.3M
Other Stockholder Equity99K406K100K94K(37.0M)89.3K
Total Liab478.9M501.5M438.5M607.6M623.0M343.4M
Property Plant And Equipment Gross618.5M601.5M560.0M521.8M1.1B1.2B
Accumulated Other Comprehensive Income(10.6M)(10.0M)(51.6M)(37.0M)(19.2M)(18.2M)
Short Term Debt15.8M15.4M13.3M13.6M12.2M12.8M
Intangible Assets152.4M122.9M112.3M167.4M434.5M456.2M
Property Plant Equipment542.0M534.4M560.0M521.8M600.0M319.4M
Short Term Investments119.1M46.9M38.8M189.2M139.1M0.0
Net Tangible Assets1.9B2.1B1.8B1.8B2.0B1.7B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Dolby Laboratories offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dolby Laboratories' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dolby Laboratories Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dolby Laboratories Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dolby Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Dolby Stock refer to our How to Trade Dolby Stock guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Electronic Equipment, Instruments & Components space 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 Dolby Laboratories. If investors know Dolby 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 Dolby Laboratories 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
1.353
Earnings Share
2.69
Revenue Per Share
13.172
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0516
The market value of Dolby Laboratories is measured differently than its book value, which is the value of Dolby that is recorded on the company's balance sheet. Investors also form their own opinion of Dolby Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Dolby Laboratories' 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 Dolby Laboratories' market value can be influenced by many factors that don't directly affect Dolby Laboratories' 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 Dolby Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dolby Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dolby Laboratories' 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.