Dow Financials

DOW Stock  USD 45.87  0.41  0.90%   
Based on the key measurements obtained from Dow's financial statements, Dow Inc may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Dow's Total Current Assets are fairly stable compared to the past year. Non Current Liabilities Other is likely to climb to about 9.9 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 9.8 B in 2024. Key indicators impacting Dow's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.010.7815
Significantly Up
Pretty Stable
Operating Income5.1 BB
Way Up
Slightly volatile
Current Ratio1.911.769
Significantly Up
Slightly volatile
Investors should never underestimate Dow's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Dow's cash flow, debt, and profitability to make informed and accurate decisions about investing in Dow Inc.

Cash And Equivalents

3.76 Billion

  
Understanding current and past Dow Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Dow's financial statements are interrelated, with each one affecting the others. For example, an increase in Dow's assets may result in an increase in income on the income statement.

Dow Earnings Geography

Please note, the imprecision that can be found in Dow's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Dow Inc. Check Dow's Beneish M Score to see the likelihood of Dow's management manipulating its earnings.

Dow Stock Summary

Dow competes with Huntsman, AdvanSix, Celanese, Green Plains, and Lsb Industries. Dow Inc. provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. Dow Inc. was incorporated in 2018 and is headquartered in Midland, Michigan. Dow operates under Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 35700 people.
Specialization
Basic Materials, Materials
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS2605571031
CUSIP260557103
LocationMichigan; U.S.A
Business Address2211 HH Dow
SectorChemicals
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.dow.com
Phone989 636 1000
CurrencyUSD - US Dollar

Dow Key Financial Ratios

Dow Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets60.5B61.5B63.0B60.6B58.0B54.5B
Net Tangible Assets986M175M6.5B9.6B11.1B8.1B
Retained Earnings17.0B16.4B20.6B23.2B21.8B24.4B
Accounts Payable3.9B3.8B5.6B4.9B4.5B6.3B
Cash2.4B5.1B3.0B3.9B3.0B3.9B
Net Receivables7.6B5.3B7.3B6.3B5.2B7.2B
Good Will8.8B8.9B8.8B8.6B8.6B9.4B
Long Term Debt Total16.0B16.5B14.3B14.7B13.2B14.1B
Capital Surpluse7.3B7.6B8.2B8.5B9.8B5.8B
Inventory6.2B5.7B7.4B7.0B6.1B5.9B
Total Liab46.4B48.5B44.3B39.4B38.9B34.6B
Total Current Assets16.8B19.1B20.8B20.5B17.6B17.9B
Short Term Debt1.4B1.4B1.0B1.3B837M1.1B
Intangible Assets3.8B3.4B2.9B2.4B2.1B3.4B
Other Current Assets658M3.0B3.2B3.3B3.4B3.6B
Other Liab17.9B19.2B15.6B12.3B11.1B12.8B
Long Term Debt15.6B16.5B14.3B14.7B14.0B13.6B
Short Long Term Debt1.0B616M392M724M179M170.1M

Dow Key Income Statement Accounts

The reason investors look at the income statement is to determine what Dow's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense933M827M731M662M746M497.9M
Total Revenue43.0B38.5B55.0B56.9B44.6B40.4B
Gross Profit6.3B5.2B10.8B8.6B5.1B6.7B
Operating Income4.0B3.8B8.9B6.9B3.0B5.1B
Ebit6.9B2.9B8.8B6.7B1.4B1.3B
Research Development765M768M857M851M829M993.7M
Cost Of Revenue36.7B33.3B44.2B48.3B39.6B33.7B
Income Before Tax(1.2B)2.1B8.1B6.1B656M623.2M
Net Income(1.7B)1.2B6.3B4.6B589M559.6M
Income Tax Expense470M777M1.7B1.5B(4M)(3.8M)
Minority Interest553M570M(94M)(58M)(71M)(67.5M)
Ebitda6.9B5.5B11.7B9.5B4.0B3.8B
Tax Provision470M777M1.7B1.5B(4M)(3.8M)
Net Interest Income(852M)(789M)(676M)(489M)(517M)(542.9M)
Interest Income946M38M55M173M229M204M

Dow Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory668M515M(1.8B)347M844M886.2M
Investments(2.2B)(841M)(556M)(3.0B)(3.5B)(3.3B)
Change In Cash(397M)2.7B(2.1B)853M(953M)(905.4M)
Net Borrowings(3.0B)(412M)(2.7B)900M810M850.5M
Depreciation2.9B2.9B2.8B2.8B2.6B2.2B
Dividends Paid2.1B2.1B2.1B2.0B2.0B2.1B
Capital Expenditures2.0B1.4B2.3B2.1B2.5B2.1B
Net Income(1.3B)1.3B6.4B4.6B660M627M
Change To Netincome4.0B935M(697M)921M1.1B1.1B
Other Non Cash Items3.0B1.0B927M784M2.1B2.2B
End Period Cash Flow2.4B5.1B3.0B3.9B3.0B3.7B
Free Cash Flow4.0B4.8B4.7B5.4B2.7B2.9B

Dow Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Dow's current stock value. Our valuation model uses many indicators to compare Dow value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dow competition to find correlations between indicators driving Dow's intrinsic value. More Info.
Dow Inc is rated # 2 in return on equity category among its peers. It also is rated # 2 in return on asset category among its peers reporting about  0.38  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Dow Inc is roughly  2.60 . At this time, Dow's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Dow by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Dow Inc Systematic Risk

Dow's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Dow volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Dow Inc correlated with the market. If Beta is less than 0 Dow generally moves in the opposite direction as compared to the market. If Dow Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Dow Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Dow is generally in the same direction as the market. If Beta > 1 Dow moves generally in the same direction as, but more than the movement of the benchmark.

Dow Thematic Clasifications

Dow Inc is part of several thematic ideas from Chemicals Makers to Synthetics. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Dow Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Dow's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Dow growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.72)

At this time, Dow's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Dow November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Dow help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Dow Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Dow Inc based on widely used predictive technical indicators. In general, we focus on analyzing Dow Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Dow's daily price indicators and compare them against related drivers.

Additional Tools for Dow Stock Analysis

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