Dorchester Accounts Payable vs Total Current Liabilities Analysis

DMLP Stock  USD 25.34  0.15  0.59%   
Dorchester Minerals financial indicator trend analysis is much more than just examining Dorchester Minerals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dorchester Minerals is a good investment. Please check the relationship between Dorchester Minerals Accounts Payable and its Total Current Liabilities accounts. 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Accounts Payable vs Total Current Liabilities

Accounts Payable vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dorchester Minerals Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dorchester Minerals' Accounts Payable and Total Current Liabilities is 0.9. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Dorchester Minerals LP, assuming nothing else is changed. The correlation between historical values of Dorchester Minerals' Accounts Payable and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Dorchester Minerals LP are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., Dorchester Minerals' Accounts Payable and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Dorchester Minerals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Dorchester Minerals are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Current Liabilities

Total Current Liabilities is an item on Dorchester Minerals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Dorchester Minerals LP are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Dorchester Minerals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 Dorchester Minerals LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Dorchester Minerals' Selling General Administrative is relatively stable compared to the past year. As of 09/13/2025, Enterprise Value Over EBITDA is likely to grow to 12.51, while Sales General And Administrative To Revenue is likely to drop 0.07.
 2022 2023 2024 2025 (projected)
Gross Profit138.8M125.3M104.4M62.1M
Total Revenue170.8M163.8M161.5M169.6M

Dorchester Minerals fundamental ratios Correlations

-0.460.460.670.730.80.590.840.45-0.220.99-0.760.990.760.680.640.840.90.940.470.140.770.1-0.56-0.560.56
-0.460.44-0.140.05-0.24-0.75-0.370.40.05-0.410.2-0.41-0.12-0.48-0.09-0.26-0.27-0.34-0.040.17-0.24-0.10.170.090.05
0.460.440.550.90.72-0.090.350.95-0.410.45-0.740.450.80.310.590.70.530.560.50.360.470.16-0.61-0.660.7
0.67-0.140.550.690.580.330.510.53-0.380.67-0.550.670.570.410.930.590.620.610.340.180.470.28-0.44-0.470.45
0.730.050.90.690.920.340.550.91-0.410.69-0.90.690.940.610.720.910.730.790.630.450.620.12-0.77-0.790.74
0.8-0.240.720.580.920.50.640.72-0.370.74-0.990.740.990.790.621.00.740.820.590.30.670.08-0.74-0.810.77
0.59-0.75-0.090.330.340.50.440.09-0.060.51-0.450.510.380.780.30.510.420.510.440.390.29-0.15-0.52-0.320.27
0.84-0.370.350.510.550.640.440.35-0.020.84-0.60.840.610.570.330.690.580.80.390.120.430.1-0.48-0.180.48
0.450.40.950.530.910.720.090.35-0.360.43-0.710.430.770.370.540.70.470.550.660.640.35-0.03-0.72-0.620.65
-0.220.05-0.41-0.38-0.41-0.37-0.06-0.02-0.36-0.210.37-0.21-0.39-0.01-0.41-0.31-0.36-0.37-0.45-0.05-0.39-0.040.180.4-0.05
0.99-0.410.450.670.690.740.510.840.43-0.21-0.71.00.70.590.630.770.910.930.430.090.780.13-0.5-0.50.51
-0.760.2-0.74-0.55-0.9-0.99-0.45-0.6-0.710.37-0.7-0.7-0.99-0.78-0.6-0.99-0.71-0.78-0.55-0.25-0.67-0.110.710.81-0.81
0.99-0.410.450.670.690.740.510.840.43-0.211.0-0.70.70.590.630.770.910.930.430.090.780.13-0.5-0.50.51
0.76-0.120.80.570.940.990.380.610.77-0.390.7-0.990.70.720.620.980.720.790.580.280.660.11-0.73-0.810.8
0.68-0.480.310.410.610.790.780.570.37-0.010.59-0.780.590.720.410.810.50.590.410.310.4-0.04-0.62-0.50.77
0.64-0.090.590.930.720.620.30.330.54-0.410.63-0.60.630.620.410.620.720.560.330.110.640.29-0.43-0.680.49
0.84-0.260.70.590.911.00.510.690.7-0.310.77-0.990.770.980.810.620.750.830.570.290.670.07-0.73-0.780.78
0.9-0.270.530.620.730.740.420.580.47-0.360.91-0.710.910.720.50.720.750.880.430.020.950.12-0.44-0.720.47
0.94-0.340.560.610.790.820.510.80.55-0.370.93-0.780.930.790.590.560.830.880.550.20.770.06-0.56-0.580.5
0.47-0.040.50.340.630.590.440.390.66-0.450.43-0.550.430.580.410.330.570.430.550.710.33-0.45-0.59-0.440.27
0.140.170.360.180.450.30.390.120.64-0.050.09-0.250.090.280.310.110.290.020.20.71-0.16-0.48-0.6-0.180.21
0.77-0.240.470.470.620.670.290.430.35-0.390.78-0.670.780.660.40.640.670.950.770.33-0.160.12-0.29-0.740.4
0.1-0.10.160.280.120.08-0.150.1-0.03-0.040.13-0.110.130.11-0.040.290.070.120.06-0.45-0.480.12-0.23-0.150.23
-0.560.17-0.61-0.44-0.77-0.74-0.52-0.48-0.720.18-0.50.71-0.5-0.73-0.62-0.43-0.73-0.44-0.56-0.59-0.6-0.29-0.230.58-0.62
-0.560.09-0.66-0.47-0.79-0.81-0.32-0.18-0.620.4-0.50.81-0.5-0.81-0.5-0.68-0.78-0.72-0.58-0.44-0.18-0.74-0.150.58-0.53
0.560.050.70.450.740.770.270.480.65-0.050.51-0.810.510.80.770.490.780.470.50.270.210.40.23-0.62-0.53
Click cells to compare fundamentals

Dorchester Minerals Account Relationship Matchups

Dorchester Minerals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets88.3M146.8M176.2M191.1M366.8M385.2M
Other Current Liab300K291K(281K)272K(263K)(249.9K)
Total Current Liabilities1.9M2.8M3.4M4.5M4.2M4.5M
Total Stockholder Equity84.6M142.4M171.5M185.4M363.8M382.0M
Accounts Payable1.6M2.5M3.1M4.2M4.0M4.2M
Cash11.2M28.3M40.8M47.0M42.5M44.6M
Common Stock Shares Outstanding34.7M35.1M37.6M38.8M41.8M32.8M
Liabilities And Stockholders Equity88.3M146.8M176.2M191.1M366.8M385.2M
Total Liab3.8M4.4M4.7M5.5M5.0M5.3M
Property Plant Equipment87.0M751K98.3M567K510.3K484.8K
Property Plant And Equipment Net70.1M100.1M113.8M121.4M299.0M313.9M
Net Debt(9.0M)(26.4M)(39.2M)(45.7M)(41.5M)(39.4M)
Non Current Assets Total70.1M100.1M113.8M121.4M299.0M313.9M
Cash And Short Term Investments11.2M28.3M40.8M47.0M42.5M44.6M
Net Receivables7.0M18.4M21.7M22.7M25.3M12.8M
Other Stockholder Equity536K982K676K361.8M325.6M341.9M
Total Current Assets18.2M46.7M62.5M69.7M67.8M71.2M
Property Plant And Equipment Gross70.1M659K989K508.8M729.0M765.5M
Common Stock84.0M141.4M170.8M185.4M363.8M382.0M
Non Current Liabilities Total1.9M1.6M1.3M1.0M777K668.6K
Non Currrent Assets Other(70.1M)(100.1M)(113.8M)298.4M343.2M360.3M
Current Deferred Revenue(300K)(291K)(281K)(272K)(244.8K)(257.0K)
Short Term Debt600K582K562K272K526K427.8K
Net Tangible Assets112.3M84.6M142.4M171.5M197.2M119.4M
Net Invested Capital84.6M142.4M171.5M185.6M361.8M379.9M
Net Working Capital16.3M43.9M59.1M65.2M63.6M45.1M
Short Long Term Debt Total2.2M1.9M1.6M1.3M1.0M1.4M
Capital Lease Obligations2.2M1.9M1.6M1.3M1.0M1.4M

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

  0.69AR Antero Resources CorpPairCorr

Moving against Dorchester Stock

  0.64APA APA CorporationPairCorr
  0.34SD SandRidge EnergyPairCorr
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.
Pair CorrelationCorrelation Matching

Additional 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.