Dareway Net Income vs Total Operating Expenses Analysis

688579 Stock

10.25 0.32 3.03%

Dareway Software financial indicator trend analysis is much more than just examining Dareway Software latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dareway Software is a good investment. Please check the relationship between Dareway Software Net Income and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dareway Software Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Income vs Total Operating Expenses

Net Income vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dareway Software Net Income account and Total Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Dareway Software's Net Income and Total Operating Expenses is 0.88. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Dareway Software Co, assuming nothing else is changed. The correlation between historical values of Dareway Software's Net Income and Total Operating Expenses 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 Dareway Software Co are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income i.e., Dareway Software's Net Income and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

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Net Income

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

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most indicators from Dareway Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dareway Software 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Dareway Software Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 56.3 M, whereas Tax Provision is projected to grow to (3.5 M).

	2021	2022	2023	2024 (projected)
EBIT	82.8M	39.3M	45.2M	68.0M
Other Operating Expenses	1.1M	1.3M	1.2M	1.1M

Ebit Other Operating Expenses

Dareway Software fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Cash	Non Current Assets Total	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Net Invested Capital	Net Working Capital	Intangible Assets	Non Currrent Assets Other	Capital Stock	Property Plant And Equipment Net
Other Current Liab		0.3	-0.06	0.18	0.17	-0.16	-0.4	0.06	-0.36	0.15	0.29	0.15	0.21	0.15	0.12	-0.08	0.11	0.02	0.26	0.26	0.12	0.53	-0.03	-0.51	-0.26	0.17
Total Current Liabilities	0.3		0.81	0.95	0.95	0.73	0.33	0.66	0.43	-0.31	0.88	0.91	0.95	0.97	0.96	0.42	0.93	0.93	0.89	0.98	0.96	0.33	0.89	0.48	0.77	0.92
Other Liab	-0.06	0.81		0.75	0.84	0.53	0.79	0.34	0.37	-0.42	0.53	0.63	0.84	0.9	0.89	0.12	0.91	0.78	0.93	0.88	0.89	-0.18	0.84	0.76	0.92	0.97
Net Tangible Assets	0.18	0.95	0.75		0.98	0.88	0.29	0.81	0.59	-0.16	0.91	0.98	0.96	0.94	0.94	0.43	0.93	0.93	0.84	0.9	0.94	0.23	0.93	0.58	0.79	0.84
Retained Earnings	0.17	0.95	0.84	0.98		0.79	0.44	0.69	0.53	-0.31	0.84	0.93	0.98	0.98	0.98	0.4	0.98	0.95	0.91	0.94	0.98	0.16	0.97	0.64	0.82	0.91
Accounts Payable	-0.16	0.73	0.53	0.88	0.79		0.16	0.89	0.77	0.02	0.84	0.91	0.75	0.71	0.73	0.56	0.71	0.81	0.55	0.65	0.73	0.18	0.8	0.59	0.72	0.57
Other Assets	-0.4	0.33	0.79	0.29	0.44	0.16		-0.16	0.24	-0.56	-0.02	0.14	0.42	0.52	0.53	0.03	0.58	0.41	0.62	0.47	0.53	-0.45	0.55	0.72	0.68	0.62
Net Receivables	0.06	0.66	0.34	0.81	0.69	0.89	-0.16		0.54	0.26	0.89	0.89	0.66	0.58	0.6	0.43	0.57	0.68	0.41	0.53	0.6	0.17	0.63	0.39	0.49	0.45
Inventory	-0.36	0.43	0.37	0.59	0.53	0.77	0.24	0.54		-0.05	0.53	0.61	0.45	0.48	0.5	0.33	0.47	0.58	0.33	0.38	0.5	0.21	0.64	0.7	0.58	0.35
Other Current Assets	0.15	-0.31	-0.42	-0.16	-0.31	0.02	-0.56	0.26	-0.05		0.04	-0.13	-0.33	-0.44	-0.44	-0.31	-0.42	-0.48	-0.34	-0.42	-0.44	-0.18	-0.44	-0.27	-0.34	-0.37
Total Current Assets	0.29	0.88	0.53	0.91	0.84	0.84	-0.02	0.89	0.53	0.04		0.96	0.8	0.78	0.78	0.51	0.72	0.82	0.64	0.79	0.78	0.42	0.75	0.38	0.56	0.68
Common Stock	0.15	0.91	0.63	0.98	0.93	0.91	0.14	0.89	0.61	-0.13	0.96		0.9	0.87	0.88	0.54	0.84	0.92	0.72	0.84	0.88	0.32	0.88	0.52	0.7	0.74
Property Plant Equipment	0.21	0.95	0.84	0.96	0.98	0.75	0.42	0.66	0.45	-0.33	0.8	0.9		0.98	0.98	0.33	0.98	0.93	0.92	0.95	0.98	0.15	0.95	0.58	0.83	0.91
Total Assets	0.15	0.97	0.9	0.94	0.98	0.71	0.52	0.58	0.48	-0.44	0.78	0.87	0.98		1.0	0.37	0.99	0.96	0.94	0.98	1.0	0.18	0.96	0.64	0.85	0.95
Total Stockholder Equity	0.12	0.96	0.89	0.94	0.98	0.73	0.53	0.6	0.5	-0.44	0.78	0.88	0.98	1.0		0.38	0.99	0.96	0.93	0.97	1.0	0.15	0.97	0.66	0.86	0.94
Cash	-0.08	0.42	0.12	0.43	0.4	0.56	0.03	0.43	0.33	-0.31	0.51	0.54	0.33	0.37	0.38		0.3	0.54	0.17	0.36	0.38	0.51	0.43	0.05	0.16	0.16
Non Current Assets Total	0.11	0.93	0.91	0.93	0.98	0.71	0.58	0.57	0.47	-0.42	0.72	0.84	0.98	0.99	0.99	0.3		0.93	0.95	0.95	0.99	0.05	0.97	0.68	0.88	0.95
Common Stock Shares Outstanding	0.02	0.93	0.78	0.93	0.95	0.81	0.41	0.68	0.58	-0.48	0.82	0.92	0.93	0.96	0.96	0.54	0.93		0.8	0.91	0.96	0.26	0.97	0.64	0.81	0.84
Non Current Liabilities Total	0.26	0.89	0.93	0.84	0.91	0.55	0.62	0.41	0.33	-0.34	0.64	0.72	0.92	0.94	0.93	0.17	0.95	0.8		0.94	0.93	0.02	0.86	0.59	0.82	0.97
Total Liab	0.26	0.98	0.88	0.9	0.94	0.65	0.47	0.53	0.38	-0.42	0.79	0.84	0.95	0.98	0.97	0.36	0.95	0.91	0.94		0.97	0.25	0.9	0.53	0.81	0.96
Net Invested Capital	0.12	0.96	0.89	0.94	0.98	0.73	0.53	0.6	0.5	-0.44	0.78	0.88	0.98	1.0	1.0	0.38	0.99	0.96	0.93	0.97		0.15	0.97	0.66	0.86	0.94
Net Working Capital	0.53	0.33	-0.18	0.23	0.16	0.18	-0.45	0.17	0.21	-0.18	0.42	0.32	0.15	0.18	0.15	0.51	0.05	0.26	0.02	0.25	0.15		0.12	-0.36	-0.18	0.01
Intangible Assets	-0.03	0.89	0.84	0.93	0.97	0.8	0.55	0.63	0.64	-0.44	0.75	0.88	0.95	0.96	0.97	0.43	0.97	0.97	0.86	0.9	0.97	0.12		0.74	0.87	0.87
Non Currrent Assets Other	-0.51	0.48	0.76	0.58	0.64	0.59	0.72	0.39	0.7	-0.27	0.38	0.52	0.58	0.64	0.66	0.05	0.68	0.64	0.59	0.53	0.66	-0.36	0.74		0.82	0.65
Capital Stock	-0.26	0.77	0.92	0.79	0.82	0.72	0.68	0.49	0.58	-0.34	0.56	0.7	0.83	0.85	0.86	0.16	0.88	0.81	0.82	0.81	0.86	-0.18	0.87	0.82		0.87
Property Plant And Equipment Net	0.17	0.92	0.97	0.84	0.91	0.57	0.62	0.45	0.35	-0.37	0.68	0.74	0.91	0.95	0.94	0.16	0.95	0.84	0.97	0.96	0.94	0.01	0.87	0.65	0.87

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Dareway Software Account Relationship Matchups

Dareway Software fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	120.7M	304.2M	240.9M	214.3M	762.5K	724.3K
Total Current Liabilities	214.0M	394.9M	383.6M	330.7M	333.9M	303.7M
Other Liab	8.4M	48.4M	64.1M	59.7M	68.7M	72.1M
Net Tangible Assets	795.2M	1.2B	1.2B	1.2B	1.4B	905.8M
Retained Earnings	226.2M	313.2M	376.3M	398.3M	387.8M	282.2M
Accounts Payable	82.0M	66.0M	89.3M	79.3M	171.3M	91.3M
Other Assets	4.0M	8.8M	93.3M	95.0M	109.3M	114.7M
Net Receivables	228.9M	183.4M	160.5M	159.4M	226.3M	183.9M
Inventory	23.6M	24.1M	17.0M	59.7M	75.5M	43.8M
Other Current Assets	10.1M	7.3M	8.5M	13.4M	1.0M	973.3K
Total Current Assets	652.2M	915.6M	845.6M	789.1M	745.0M	765.0M
Property Plant Equipment	360.7M	650.0M	664.8M	638.3M	734.0M	406.6M
Total Assets	1.1B	1.7B	1.7B	1.7B	1.7B	1.5B
Total Stockholder Equity	840.7M	1.2B	1.3B	1.3B	1.3B	1.1B
Cash	389.7M	101.1M	494.0M	153.6M	287.3M	247.4M
Non Current Assets Total	411.0M	735.5M	875.5M	898.1M	984.9M	663.1M
Non Current Liabilities Total	8.4M	48.4M	64.4M	59.7M	52.0M	39.2M
Total Liab	222.4M	443.3M	448.0M	390.4M	385.9M	365.4M
Net Invested Capital	840.7M	1.2B	1.3B	1.3B	1.3B	1.1B
Net Working Capital	438.2M	520.6M	462.0M	458.4M	411.1M	378.1M
Intangible Assets	45.5M	54.2M	70.9M	90.6M	106.2M	64.2M
Non Currrent Assets Other	1.5M	16.7K	539.9K	9.9M	11.3M	11.9M

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Other Information on Investing in Dareway Stock

Balance Sheet is a snapshot of the financial position of Dareway Software at a specified time, usually calculated after every quarter, six months, or one year. Dareway Software Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dareway Software and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Dareway currently owns. An asset can also be divided into two categories, current and non-current.

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Dareway Net Income vs Total Operating Expenses Analysis

Net Income vs Total Operating Expenses

Net Income vs Total Operating Expenses Correlation Analysis

Correlation Coefficient

Net Income

Total Operating Expenses

Dareway Software fundamental ratios Correlations

Dareway Software Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dareway Software fundamental ratios Accounts

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Other Information on Investing in Dareway Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Net Invested Capital	+ 0.99	Non Current Assets Total

Other Current Assets	- 0.56	Other Assets
Non Currrent Assets Other	- 0.51	Other Current Liab
Common Stock Shares Outstanding	- 0.48	Other Current Assets
Net Working Capital	- 0.45	Other Assets
Intangible Assets	- 0.44	Other Current Assets
Net Invested Capital	- 0.44	Other Current Assets