Dallasnews Accounts Payable vs Total Current Assets Analysis
DALN Stock | USD 5.76 0.16 2.86% |
Dallasnews Corp financial indicator trend analysis is much more than just examining Dallasnews Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dallasnews Corp is a good investment. Please check the relationship between Dallasnews Corp Accounts Payable and its Total Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dallasnews Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Dallasnews Stock, please use our How to Invest in Dallasnews Corp guide.
Accounts Payable vs Total Current Assets
Accounts Payable vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dallasnews Corp Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Dallasnews Corp's Accounts Payable and Total Current Assets is 0.81. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Dallasnews Corp, assuming nothing else is changed. The correlation between historical values of Dallasnews Corp's Accounts Payable 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 Accounts Payable of Dallasnews Corp 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 Accounts Payable i.e., Dallasnews Corp's Accounts Payable and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents Dallasnews Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Dallasnews Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 Dallasnews Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dallasnews Corp 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 Dallasnews Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Dallasnews Stock, please use our How to Invest in Dallasnews Corp guide.At this time, Dallasnews Corp's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Tax Provision is likely to grow to about 425.2 K, though Discontinued Operations is likely to grow to (53.9 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 63.5M | 61.0M | 62.9M | 59.8M | Total Revenue | 154.4M | 150.7M | 139.7M | 132.7M |
Dallasnews Corp fundamental ratios Correlations
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Dallasnews Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dallasnews Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 141.0M | 123.2M | 105.5M | 72.3M | 62.2M | 59.1M | |
Non Current Assets Total | 66.2M | 35.1M | 28.9M | 24.3M | 25.3M | 24.0M | |
Non Currrent Assets Other | 3.6M | 2.6M | 2.2M | 1.8M | 1.8M | 1.7M | |
Other Assets | 26.1M | 2.7M | 2.5M | 2.1M | 1.9M | 1.8M | |
Common Stock Shares Outstanding | 5.4M | 5.4M | 5.4M | 5.4M | 6.2M | 5.8M | |
Liabilities And Stockholders Equity | 141.0M | 123.2M | 105.5M | 72.3M | 62.2M | 59.1M | |
Non Current Liabilities Total | 51.8M | 45.3M | 35.0M | 37.1M | 35.4M | 33.6M | |
Total Liab | 83.3M | 76.8M | 62.9M | 59.9M | 59.3M | 56.3M | |
Total Stockholder Equity | 57.7M | 46.4M | 42.6M | 12.4M | 3.0M | 2.8M | |
Other Stockholder Equity | 477.4M | 481.8M | 480.9M | 481.1M | 433.0M | 409.4M | |
Other Current Liab | 11.8M | 10.8M | 9.5M | 8.2M | 20.0M | 18.5M | |
Total Current Liabilities | 31.5M | 31.5M | 27.9M | 22.8M | 23.9M | 22.7M | |
Other Liab | 28.7M | 23.4M | 15.8M | 20.6M | 18.5M | 17.6M | |
Net Tangible Assets | 57.7M | 46.4M | 42.6M | 12.4M | 11.1M | 10.6M | |
Retained Earnings | (391.1M) | (402.3M) | (406.2M) | (427.4M) | (438.0M) | (459.9M) | |
Accounts Payable | 6.1M | 7.8M | 7.8M | 5.0M | 4.0M | 3.8M | |
Cash | 48.6M | 42.0M | 32.4M | 27.8M | 11.7M | 11.1M | |
Net Receivables | 18.4M | 39.3M | 38.4M | 14.0M | 9.9M | 9.4M | |
Retained Earnings Total Equity | (361.3M) | (393.6M) | (391.1M) | (402.3M) | (362.1M) | (380.2M) | |
Inventory | 2.6M | 2.0M | 2.2M | 2.7M | 1.9M | 1.8M | |
Other Current Assets | 7.7M | 4.8M | 3.5M | 3.4M | 2.6M | 2.5M | |
Total Current Assets | 74.8M | 88.1M | 76.5M | 47.9M | 36.9M | 35.1M | |
Accumulated Other Comprehensive Income | (32.3M) | (32.5M) | (32.4M) | (41.4M) | (40.2M) | (38.2M) | |
Intangible Assets | 4.1M | 3.3M | 319K | 64K | 57.6K | 54.7K | |
Property Plant Equipment | 18.5M | 12.0M | 26.5M | 22.2M | 20.0M | 19.0M | |
Property Plant And Equipment Net | 39.8M | 32.4M | 26.5M | 22.2M | 23.2M | 22.1M | |
Current Deferred Revenue | 12.1M | 12.9M | 10.6M | 9.5M | 9.5M | 18.1M | |
Net Debt | (25.5M) | (20.1M) | (13.3M) | (11.3M) | 5.2M | 5.5M | |
Cash And Short Term Investments | 48.6M | 42.0M | 32.4M | 27.8M | 22.5M | 21.4M | |
Property Plant And Equipment Gross | 39.8M | 32.4M | 26.5M | 22.2M | 323.6M | 339.8M |
Pair Trading with Dallasnews Corp
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 Dallasnews Corp 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 Dallasnews Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Dallasnews Stock
The ability to find closely correlated positions to Dallasnews Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dallasnews Corp 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 Dallasnews Corp - 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 Dallasnews Corp to buy it.
The correlation of Dallasnews Corp 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 Dallasnews Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dallasnews Corp 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 Dallasnews Corp 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 Dallasnews Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Dallasnews Stock, please use our How to Invest in Dallasnews Corp guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Publishing 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 Dallasnews Corp. If investors know Dallasnews 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 Dallasnews Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.13) | Revenue Per Share 24.595 | Quarterly Revenue Growth (0.11) | Return On Assets (0.0004) | Return On Equity (0.68) |
The market value of Dallasnews Corp is measured differently than its book value, which is the value of Dallasnews that is recorded on the company's balance sheet. Investors also form their own opinion of Dallasnews Corp's value that differs from its market value or its book value, called intrinsic value, which is Dallasnews Corp'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 Dallasnews Corp's market value can be influenced by many factors that don't directly affect Dallasnews Corp'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 Dallasnews Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dallasnews Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dallasnews Corp'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.