Domo Capital Stock vs Total Current Assets Analysis
DOMO Stock | USD 9.34 0.10 1.06% |
Domo financial indicator trend analysis is much more than just examining Domo Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Domo Inc is a good investment. Please check the relationship between Domo Capital Stock and its Total Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Domo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Capital Stock vs Total Current Assets
Capital Stock vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Domo Inc Capital Stock account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Domo's Capital Stock and Total Current Assets is 0.47. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Domo Inc, assuming nothing else is changed. The correlation between historical values of Domo's Capital Stock and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Domo Inc are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Capital Stock i.e., Domo's Capital Stock and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Domo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Domo Inc 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 Domo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, Domo's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 27th of November 2024, Enterprise Value is likely to grow to about 1.8 B, while Tax Provision is likely to drop about 762.3 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 190.8M | 235.6M | 243.5M | 156.6M | Total Revenue | 258.0M | 308.6M | 319.0M | 219.3M |
Domo fundamental ratios Correlations
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Domo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Domo fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 216.7M | 216.4M | 244.6M | 242.1M | 225.7M | 238.1M | |
Other Current Liab | 46.5M | 35.1M | 48.2M | 40.4M | 34.8M | 41.4M | |
Total Current Liabilities | 154.1M | 185.9M | 236.5M | 248.6M | 237.8M | 196.3M | |
Total Stockholder Equity | (49.2M) | (83.5M) | (126.0M) | (146.4M) | (153.5M) | (161.2M) | |
Other Liab | 10.8M | 12.8M | 13.3M | 16.0M | 18.4M | 12.0M | |
Net Tangible Assets | (62.5M) | (96.3M) | (138.3M) | (155.9M) | (179.3M) | (188.2M) | |
Property Plant And Equipment Net | 12.8M | 18.4M | 34.0M | 36.6M | 38.7M | 25.3M | |
Current Deferred Revenue | 105.3M | 129.1M | 168.3M | 182.3M | 185.3M | 134.0M | |
Net Debt | 20.2M | 14.2M | 40.6M | 62.3M | 68.5M | 72.0M | |
Retained Earnings | (1.0B) | (1.1B) | (1.2B) | (1.3B) | (1.4B) | (1.5B) | |
Accounts Payable | 2.3M | 1.1M | 4.8M | 12.1M | 4.3M | 4.7M | |
Cash | 80.8M | 90.8M | 83.6M | 66.5M | 60.9M | 69.1M | |
Non Current Assets Total | 44.5M | 51.3M | 71.5M | 73.3M | 71.9M | 59.9M | |
Non Currrent Assets Other | 18.3M | 20.0M | 25.2M | 24.4M | 20.9M | 20.6M | |
Other Assets | 18.3M | 20.0M | 25.2M | 24.4M | 28.1M | 20.3M | |
Cash And Short Term Investments | 98.8M | 90.8M | 83.6M | 66.5M | 60.9M | 70.9M | |
Net Receivables | 48.0M | 48.3M | 64.1M | 79.0M | 67.2M | 56.8M | |
Common Stock Total Equity | 28K | 30K | 33K | 35K | 40.3K | 24.5K | |
Common Stock Shares Outstanding | 27.5M | 29.3M | 32.0M | 34.1M | 36.1M | 31.0M | |
Liabilities And Stockholders Equity | 216.7M | 216.4M | 244.6M | 242.1M | 225.7M | 238.1M | |
Non Current Liabilities Total | 111.9M | 114.0M | 134.0M | 139.9M | 141.4M | 209.6M | |
Capital Surpluse | 988.1M | 1.0B | 1.1B | 1.2B | 1.4B | 836.7M | |
Other Current Assets | 25.5M | 26.1M | 25.4M | 23.4M | 25.6M | 24.0M | |
Other Stockholder Equity | 988.1M | 1.0B | 1.1B | 1.2B | 1.3B | 904.3M | |
Total Liab | 265.9M | 299.9M | 370.6M | 388.5M | 379.2M | 352.4M | |
Deferred Long Term Liab | 17.1M | 18.6M | 23.2M | 22.3M | 25.6M | 18.6M | |
Property Plant And Equipment Gross | 12.8M | 18.4M | 34.0M | 36.6M | 73.9M | 77.6M | |
Total Current Assets | 172.3M | 165.2M | 173.1M | 168.8M | 153.7M | 178.2M | |
Accumulated Other Comprehensive Income | 389K | 877K | 388K | (322K) | (180K) | (171K) | |
Non Current Liabilities Other | 6.3M | 9.6M | 10.9M | 12.4M | 14.0M | 9.2M | |
Intangible Assets | 3.9M | 3.4M | 2.9M | 2.8M | 2.7M | 2.6M | |
Common Stock | 28K | 30K | 33K | 35K | 37K | 26.5K | |
Property Plant Equipment | 12.8M | 18.4M | 34.0M | 21.4M | 24.6M | 20.4M | |
Short Long Term Debt Total | 101.1M | 105.0M | 124.2M | 128.8M | 129.5M | 119.5M | |
Long Term Debt | 101.1M | 99.6M | 104.0M | 108.6M | 113.5M | 105.3M | |
Long Term Debt Total | 101.1M | 99.6M | 104.0M | 108.6M | 124.9M | 102.1M | |
Net Invested Capital | 51.9M | 16.2M | (22.0M) | (37.8M) | (40.0M) | (42.0M) | |
Net Working Capital | 18.2M | (20.7M) | (63.4M) | (79.8M) | (84.1M) | (79.9M) | |
Retained Earnings Total Equity | (1.0B) | (1.1B) | (1.2B) | (1.3B) | (1.2B) | (1.3B) |
Pair Trading with Domo
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 Domo 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 Domo will appreciate offsetting losses from the drop in the long position's value.Moving together with Domo Stock
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Moving against Domo Stock
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The ability to find closely correlated positions to Domo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Domo 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 Domo - 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 Domo Inc to buy it.
The correlation of Domo 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 Domo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Domo Inc 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 Domo 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 Domo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Application Software 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 Domo. If investors know Domo 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 Domo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.16) | Revenue Per Share 8.549 | Quarterly Revenue Growth (0.02) | Return On Assets (0.19) |
The market value of Domo Inc is measured differently than its book value, which is the value of Domo that is recorded on the company's balance sheet. Investors also form their own opinion of Domo's value that differs from its market value or its book value, called intrinsic value, which is Domo'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 Domo's market value can be influenced by many factors that don't directly affect Domo'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 Domo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Domo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Domo'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.