Dover Deferred Long Term Liab vs Current Deferred Revenue Analysis

DOV Stock  USD 204.74  2.25  1.11%   
Dover financial indicator trend analysis is much more than just examining Dover latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dover is a good investment. Please check the relationship between Dover Deferred Long Term Liab and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dover. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Dover Stock please use our How to Invest in Dover guide.

Deferred Long Term Liab vs Current Deferred Revenue

Deferred Long Term Liab vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dover Deferred Long Term Liab account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Dover's Deferred Long Term Liab and Current Deferred Revenue is -0.51. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Dover, assuming nothing else is changed. The correlation between historical values of Dover's Deferred Long Term Liab and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Dover are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Deferred Long Term Liab i.e., Dover's Deferred Long Term Liab and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Dover's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dover 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 Dover. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Dover Stock please use our How to Invest in Dover guide.At this time, Dover's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 15.15 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.6 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.0B3.1B3.1B2.1B
Total Revenue7.9B8.5B8.4B5.8B

Dover fundamental ratios Correlations

0.760.950.840.910.950.610.70.410.990.440.410.97-0.80.920.860.28-0.530.950.950.420.880.770.350.460.46
0.760.750.820.550.670.960.940.010.770.290.020.81-0.930.750.720.6-0.860.820.670.460.760.770.560.670.88
0.950.750.770.820.920.60.660.460.950.60.460.92-0.80.940.730.23-0.510.930.890.320.840.760.210.390.49
0.840.820.770.620.70.780.740.030.840.320.030.89-0.80.760.90.33-0.720.90.780.680.690.870.540.530.54
0.910.550.820.620.950.360.570.630.870.360.630.83-0.550.710.750.31-0.250.720.930.360.830.470.370.420.33
0.950.670.920.70.950.490.640.550.940.490.550.9-0.680.830.750.24-0.380.830.930.350.880.610.310.380.45
0.610.960.60.780.360.490.9-0.270.650.21-0.260.7-0.890.650.670.57-0.920.740.490.440.630.770.590.690.87
0.70.940.660.740.570.640.90.00.690.240.010.76-0.890.630.760.75-0.890.710.670.320.630.720.760.780.93
0.410.010.460.030.630.55-0.270.00.340.241.00.310.00.260.10.030.330.190.570.050.36-0.09-0.18-0.15-0.07
0.990.770.950.840.870.940.650.690.340.460.340.96-0.820.940.850.24-0.550.960.910.410.890.780.320.460.47
0.440.290.60.320.360.490.210.240.240.460.230.36-0.380.470.24-0.21-0.20.440.340.080.390.31-0.080.050.26
0.410.020.460.030.630.55-0.260.011.00.340.230.310.00.250.090.040.330.180.570.050.36-0.09-0.17-0.14-0.06
0.970.810.920.890.830.90.70.760.310.960.360.31-0.860.910.90.33-0.640.960.940.440.820.850.420.490.54
-0.8-0.93-0.8-0.8-0.55-0.68-0.89-0.890.0-0.82-0.380.0-0.86-0.86-0.78-0.490.9-0.89-0.71-0.26-0.67-0.88-0.47-0.62-0.79
0.920.750.940.760.710.830.650.630.260.940.470.250.91-0.860.740.14-0.590.970.810.230.80.840.140.340.44
0.860.720.730.90.750.750.670.760.10.850.240.090.9-0.780.740.38-0.680.850.850.490.660.80.670.570.5
0.280.60.230.330.310.240.570.750.030.24-0.210.040.33-0.490.140.38-0.60.220.360.140.260.280.720.840.73
-0.53-0.86-0.51-0.72-0.25-0.38-0.92-0.890.33-0.55-0.20.33-0.640.9-0.59-0.68-0.6-0.68-0.45-0.22-0.38-0.82-0.64-0.7-0.83
0.950.820.930.90.720.830.740.710.190.960.440.180.96-0.890.970.850.22-0.680.840.420.80.90.30.430.51
0.950.670.890.780.930.930.490.670.570.910.340.570.94-0.710.810.850.36-0.450.840.420.780.670.410.440.43
0.420.460.320.680.360.350.440.320.050.410.080.050.44-0.260.230.490.14-0.220.420.420.50.260.320.280.24
0.880.760.840.690.830.880.630.630.360.890.390.360.82-0.670.80.660.26-0.380.80.780.50.540.280.390.51
0.770.770.760.870.470.610.770.72-0.090.780.31-0.090.85-0.880.840.80.28-0.820.90.670.260.540.40.460.54
0.350.560.210.540.370.310.590.76-0.180.32-0.08-0.170.42-0.470.140.670.72-0.640.30.410.320.280.40.710.66
0.460.670.390.530.420.380.690.78-0.150.460.05-0.140.49-0.620.340.570.84-0.70.430.440.280.390.460.710.66
0.460.880.490.540.330.450.870.93-0.070.470.26-0.060.54-0.790.440.50.73-0.830.510.430.240.510.540.660.66
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Dover Account Relationship Matchups

Dover fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.7B9.2B10.4B10.9B11.3B6.5B
Short Long Term Debt Total3.1B3.2B3.1B3.7B3.7B3.9B
Other Current Liab637.9M651.2M658.4M604.6M658.5M500.6M
Total Current Liabilities1.7B1.7B2.3B2.8B2.4B1.4B
Total Stockholder Equity3.0B3.4B4.2B4.3B5.1B3.0B
Property Plant And Equipment Net842.3M897.3M957.3M1.0B1.0B749.7M
Net Debt2.7B2.6B2.7B3.3B3.3B3.4B
Retained Earnings8.2B8.6B9.4B10.2B11.0B11.5B
Cash397.3M513.1M385.5M380.9M398.6M403.0M
Non Current Assets Total6.1B6.5B7.3B7.5B8.0B4.3B
Non Currrent Assets Other440.4M479.2M466.3M89.9M214.5M200.6M
Cash And Short Term Investments397.3M513.1M385.5M380.9M398.6M420.8M
Net Receivables1.2B1.1B1.3B1.5B1.4B958.3M
Common Stock Shares Outstanding147.0M145.4M145.3M143.6M140.6M161.7M
Liabilities And Stockholders Equity8.7B9.2B10.4B10.9B11.3B6.5B
Non Current Liabilities Total3.9B4.0B4.0B3.8B3.8B2.1B
Inventory806.1M835.8M1.2B1.4B1.2B702.4M
Other Current Assets127.8M133.1M137.6M159.1M334.2M350.9M
Other Stockholder Equity(5.2B)(5.3B)(5.4B)(5.9B)(5.9B)(5.6B)
Total Liab5.6B5.8B6.2B6.6B6.2B3.5B
Total Current Assets2.5B2.6B3.1B3.4B3.4B2.2B
Short Term Debt84.7M48.8M148.8M778.4M517.1M318.1M
Intangible Assets1.1B1.1B1.4B1.3B1.5B1.2B
Accounts Payable983.3M853.9M1.1B1.1B958.5M549.0M
Property Plant And Equipment Gross842.3M897.3M2.5B2.6B2.7B2.8B
Accumulated Other Comprehensive Income(216.0M)(153.3M)(154.1M)(266.2M)(237.9M)(249.8M)
Common Stock Total Equity258.6M259.0M259.5M259.6M298.6M273.9M
Common Stock258.6M259.0M259.5M259.6M259.8M274.4M
Other Liab771.8M918.7M945.0M722.4M830.8M712.8M
Other Assets285.3M479.2M44.3M624.1M717.7M391.5M
Long Term Debt3.0B3.1B3.0B2.9B3.0B2.3B
Good Will3.8B4.1B4.6B4.7B4.9B3.8B
Treasury Stock(6.1B)(6.2B)(6.2B)(6.8B)(6.1B)(5.8B)
Property Plant Equipment842.3M897.3M957.3M1.0B1.2B970.8M
Current Deferred Revenue44.0M184.8M227.5M256.9M211.3M148.7M
Retained Earnings Total Equity8.2B8.6B9.4B10.2B11.8B7.6B
Deferred Long Term Liab322.0M298.4M364.1M375.2M431.4M422.8M
Net Tangible Assets(1.8B)(1.8B)(1.7B)(1.7B)(1.5B)(1.6B)

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Additional Tools for Dover Stock Analysis

When running Dover's price analysis, check to measure Dover'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 Dover is operating at the current time. Most of Dover's value examination focuses on studying past and present price action to predict the probability of Dover's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dover's price. Additionally, you may evaluate how the addition of Dover to your portfolios can decrease your overall portfolio volatility.