Dada Total Other Income Expense Net vs Operating Income Analysis
DADA Stock | USD 1.35 0.02 1.46% |
Dada Nexus financial indicator trend analysis is much more than just examining Dada Nexus latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dada Nexus is a good investment. Please check the relationship between Dada Nexus Total Other Income Expense Net and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dada Nexus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Dada Stock refer to our How to Trade Dada Stock guide.
Total Other Income Expense Net vs Operating Income
Total Other Income Expense Net vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dada Nexus Total Other Income Expense Net account and Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Dada Nexus' Total Other Income Expense Net and Operating Income is -0.58. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Operating Income in the same time period over historical financial statements of Dada Nexus, assuming nothing else is changed. The correlation between historical values of Dada Nexus' Total Other Income Expense Net and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Dada Nexus are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Other Income Expense Net i.e., Dada Nexus' Total Other Income Expense Net and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Other Income Expense Net
Operating Income
Operating Income is the amount of profit realized from Dada Nexus operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Dada Nexus is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Dada Nexus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dada Nexus 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 Dada Nexus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Dada Stock refer to our How to Trade Dada Stock guide.The current year's Selling General Administrative is expected to grow to about 373 M, whereas Tax Provision is forecasted to decline to (5.3 M).
2021 | 2023 | 2024 (projected) | Depreciation And Amortization | 192.6M | 515.7M | 334.4M | Interest Income | 111.0M | 127.6M | 76.0M |
Dada Nexus fundamental ratios Correlations
Click cells to compare fundamentals
Dada Nexus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dada Nexus fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.3B | 9.5B | 5.3B | 9.0B | 7.6B | 7.2B | |
Other Current Liab | 11.6M | 1.3B | 1.1B | 1.7B | 1.7B | 1.1B | |
Total Current Liabilities | 840.4M | 2.4B | 1.4B | 2.0B | 2.0B | 1.6B | |
Total Stockholder Equity | (7.2B) | 7.0B | 3.8B | 7.0B | 5.6B | 5.8B | |
Other Liab | 43.7M | 38.6M | 27M | 22.0M | 19.8M | 35.2M | |
Net Tangible Assets | (8.9B) | 5.6B | 2.5B | 4.4B | 5.0B | 5.3B | |
Property Plant And Equipment Net | 42.0M | 146.8M | 114.4M | 54.4M | 24.7M | 23.5M | |
Current Deferred Revenue | 72.0M | 99.2M | 111.8M | 182.4M | 280.1M | 294.1M | |
Net Debt | (1.2B) | (4.6B) | (330.8M) | (1.1B) | (1.9B) | (2.0B) | |
Retained Earnings | (7.6B) | (9.3B) | (11.8B) | (13.8B) | (15.8B) | (15.0B) | |
Accounts Payable | 9.9M | 13.8M | 9.8M | 9.8M | 5.0M | 7.3M | |
Cash | 1.2B | 5.5B | 512.8M | 1.2B | 1.9B | 1.7B | |
Non Current Assets Total | 1.7B | 2.0B | 1.8B | 2.7B | 1.5B | 2.2B | |
Non Currrent Assets Other | 5.9M | 12.7M | 33.2M | 8.2M | 512K | 486.4K | |
Other Assets | 5.9M | 12.7M | 33.2M | 8.2M | 9.5M | 14.3M | |
Cash And Short Term Investments | 2.1B | 6.2B | 1.7B | 3.9B | 3.5B | 3.6B | |
Net Receivables | 414.2M | 403.6M | 352.3M | 313.5M | 386.8M | 349.3M | |
Short Term Investments | 957.4M | 770M | 1.2B | 2.7B | 1.6B | 1.3B | |
Liabilities And Stockholders Equity | 4.3B | 9.5B | 5.3B | 9.0B | 7.6B | 7.2B | |
Non Current Liabilities Total | 10.6B | 108.1M | 73.2M | 38.6M | 17.4M | 16.5M | |
Inventory | 3.9M | 5.4M | 6.3M | 8.8M | 9.3M | 7.5M | |
Other Current Assets | 34.6M | 105.7M | 90.6M | 466.5M | 539.8M | 566.8M | |
Other Stockholder Equity | (10.3B) | 16.4B | 15.7B | 20.6B | 21.0B | 22.1B | |
Total Liab | 11.5B | 2.5B | 1.5B | 2.0B | 2.0B | 1.9B | |
Net Invested Capital | (7.2B) | 7.8B | 3.9B | 7.1B | 5.6B | 5.8B | |
Property Plant And Equipment Gross | 42.0M | 146.8M | 114.4M | 54.4M | 117.3M | 80.2M | |
Total Current Assets | 2.6B | 7.5B | 3.4B | 6.4B | 6.1B | 5.0B | |
Accumulated Other Comprehensive Income | 139.7M | (70.3M) | (109.8M) | 223.7M | 313.5M | 329.2M | |
Net Working Capital | 1.7B | 5.1B | 2.0B | 4.4B | 4.1B | 3.4B | |
Short Term Debt | 746.8M | 811.7M | 135.8M | 124.5M | 14.7M | 14.0M | |
Intangible Assets | 715.9M | 508.0M | 332.3M | 1.7B | 1.5B | 1.0B | |
Common Stock | 237K | 639K | 633K | 630K | 708K | 519.5K | |
Property Plant Equipment | 42.0M | 146.8M | 114.4M | 54.4M | 62.6M | 72.1M | |
Capital Stock | 237K | 639K | 633K | 630K | 708K | 564.5K |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Dada Nexus offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dada Nexus' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dada Nexus Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dada Nexus Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dada Nexus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Dada Stock refer to our How to Trade Dada Stock guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Consumer Staples Distribution & Retail 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 Dada Nexus. If investors know Dada 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 Dada Nexus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.11) | Revenue Per Share 38.775 | Quarterly Revenue Growth (0.16) | Return On Assets (0.10) | Return On Equity (0.35) |
The market value of Dada Nexus is measured differently than its book value, which is the value of Dada that is recorded on the company's balance sheet. Investors also form their own opinion of Dada Nexus' value that differs from its market value or its book value, called intrinsic value, which is Dada Nexus' 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 Dada Nexus' market value can be influenced by many factors that don't directly affect Dada Nexus' 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 Dada Nexus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dada Nexus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dada Nexus' 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.