Dallasnews Ebit vs Income Before Tax 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 Ebit and its Income Before Tax 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.

Ebit vs Income Before Tax

Ebit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dallasnews Corp Ebit account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dallasnews Corp's Ebit and Income Before Tax is 0.93. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Income Before Tax 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 Ebit and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Dallasnews Corp are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Ebit i.e., Dallasnews Corp's Ebit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebit

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Dallasnews Corp income statement and is an important metric when analyzing Dallasnews Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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 23rd 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 Profit63.5M61.0M62.9M59.8M
Total Revenue154.4M150.7M139.7M132.7M

Dallasnews Corp fundamental ratios Correlations

0.980.910.91-0.510.950.970.980.33-0.17-0.090.06-0.030.99-0.1-0.09-0.18-0.26-0.950.98-0.01-0.020.02-0.160.760.03
0.980.970.97-0.450.990.990.960.19-0.17-0.28-0.07-0.220.96-0.27-0.29-0.33-0.4-0.980.98-0.14-0.18-0.09-0.360.69-0.11
0.910.971.0-0.410.990.970.910.06-0.31-0.45-0.31-0.370.89-0.49-0.37-0.51-0.56-0.980.93-0.38-0.4-0.31-0.490.5-0.14
0.910.971.0-0.420.990.970.910.06-0.31-0.45-0.31-0.380.89-0.49-0.37-0.51-0.56-0.980.93-0.38-0.4-0.32-0.50.5-0.14
-0.51-0.45-0.41-0.42-0.44-0.45-0.54-0.750.20.04-0.07-0.14-0.55-0.1-0.15-0.20.030.52-0.36-0.01-0.130.05-0.12-0.250.2
0.950.990.990.99-0.441.00.930.13-0.21-0.36-0.17-0.320.93-0.38-0.34-0.41-0.48-0.990.96-0.26-0.29-0.2-0.430.61-0.12
0.970.990.970.97-0.451.00.950.18-0.19-0.26-0.1-0.260.95-0.31-0.26-0.35-0.43-0.980.97-0.19-0.22-0.14-0.350.67-0.05
0.980.960.910.91-0.540.930.950.35-0.28-0.14-0.030.030.99-0.12-0.05-0.2-0.25-0.940.97-0.06-0.03-0.02-0.140.680.01
0.330.190.060.06-0.750.130.180.35-0.080.420.460.580.410.560.50.590.38-0.160.180.470.580.390.550.380.06
-0.17-0.17-0.31-0.310.2-0.21-0.19-0.28-0.080.220.66-0.06-0.220.41-0.170.370.230.27-0.20.510.430.440.040.3-0.27
-0.09-0.28-0.45-0.450.04-0.36-0.26-0.140.420.220.740.72-0.070.810.820.70.680.36-0.160.730.770.630.90.320.74
0.06-0.07-0.31-0.31-0.07-0.17-0.1-0.030.460.660.740.560.050.860.390.750.660.2-0.030.920.890.80.60.620.17
-0.03-0.22-0.37-0.38-0.14-0.32-0.260.030.58-0.060.720.560.050.840.780.70.760.28-0.090.680.840.620.860.230.39
0.990.960.890.89-0.550.930.950.990.41-0.22-0.070.050.05-0.06-0.02-0.15-0.21-0.930.970.00.030.02-0.090.730.04
-0.1-0.27-0.49-0.49-0.1-0.38-0.31-0.120.560.410.810.860.84-0.060.610.90.830.37-0.190.910.940.830.810.410.28
-0.09-0.29-0.37-0.37-0.15-0.34-0.26-0.050.5-0.170.820.390.78-0.020.610.490.60.3-0.150.380.60.250.950.00.74
-0.18-0.33-0.51-0.51-0.2-0.41-0.35-0.20.590.370.70.750.7-0.150.90.490.680.4-0.30.780.780.740.730.280.16
-0.26-0.4-0.56-0.560.03-0.48-0.43-0.250.380.230.680.660.76-0.210.830.60.680.48-0.290.680.750.560.730.120.29
-0.95-0.98-0.98-0.980.52-0.99-0.98-0.94-0.160.270.360.20.28-0.930.370.30.40.48-0.940.270.290.210.4-0.580.12
0.980.980.930.93-0.360.960.970.970.18-0.2-0.16-0.03-0.090.97-0.19-0.15-0.3-0.29-0.94-0.09-0.1-0.04-0.240.720.05
-0.01-0.14-0.38-0.38-0.01-0.26-0.19-0.060.470.510.730.920.680.00.910.380.780.680.27-0.090.890.960.610.580.19
-0.02-0.18-0.4-0.4-0.13-0.29-0.22-0.030.580.430.770.890.840.030.940.60.780.750.29-0.10.890.780.780.460.21
0.02-0.09-0.31-0.320.05-0.2-0.14-0.020.390.440.630.80.620.020.830.250.740.560.21-0.040.960.780.490.590.14
-0.16-0.36-0.49-0.5-0.12-0.43-0.35-0.140.550.040.90.60.86-0.090.810.950.730.730.4-0.240.610.780.490.110.64
0.760.690.50.5-0.250.610.670.680.380.30.320.620.230.730.410.00.280.12-0.580.720.580.460.590.110.1
0.03-0.11-0.14-0.140.2-0.12-0.050.010.06-0.270.740.170.390.040.280.740.160.290.120.050.190.210.140.640.1
Click cells to compare fundamentals

Dallasnews Corp Account Relationship Matchups

Dallasnews Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets141.0M123.2M105.5M72.3M62.2M59.1M
Non Current Assets Total66.2M35.1M28.9M24.3M25.3M24.0M
Non Currrent Assets Other3.6M2.6M2.2M1.8M1.8M1.7M
Other Assets26.1M2.7M2.5M2.1M1.9M1.8M
Common Stock Shares Outstanding5.4M5.4M5.4M5.4M6.2M5.8M
Liabilities And Stockholders Equity141.0M123.2M105.5M72.3M62.2M59.1M
Non Current Liabilities Total51.8M45.3M35.0M37.1M35.4M33.6M
Total Liab83.3M76.8M62.9M59.9M59.3M56.3M
Total Stockholder Equity57.7M46.4M42.6M12.4M3.0M2.8M
Other Stockholder Equity477.4M481.8M480.9M481.1M433.0M409.4M
Other Current Liab11.8M10.8M9.5M8.2M20.0M18.5M
Total Current Liabilities31.5M31.5M27.9M22.8M23.9M22.7M
Other Liab28.7M23.4M15.8M20.6M18.5M17.6M
Net Tangible Assets57.7M46.4M42.6M12.4M11.1M10.6M
Retained Earnings(391.1M)(402.3M)(406.2M)(427.4M)(438.0M)(459.9M)
Accounts Payable6.1M7.8M7.8M5.0M4.0M3.8M
Cash48.6M42.0M32.4M27.8M11.7M11.1M
Net Receivables18.4M39.3M38.4M14.0M9.9M9.4M
Retained Earnings Total Equity(361.3M)(393.6M)(391.1M)(402.3M)(362.1M)(380.2M)
Inventory2.6M2.0M2.2M2.7M1.9M1.8M
Other Current Assets7.7M4.8M3.5M3.4M2.6M2.5M
Total Current Assets74.8M88.1M76.5M47.9M36.9M35.1M
Accumulated Other Comprehensive Income(32.3M)(32.5M)(32.4M)(41.4M)(40.2M)(38.2M)
Intangible Assets4.1M3.3M319K64K57.6K54.7K
Property Plant Equipment18.5M12.0M26.5M22.2M20.0M19.0M
Property Plant And Equipment Net39.8M32.4M26.5M22.2M23.2M22.1M
Current Deferred Revenue12.1M12.9M10.6M9.5M9.5M18.1M
Net Debt(25.5M)(20.1M)(13.3M)(11.3M)5.2M5.5M
Cash And Short Term Investments48.6M42.0M32.4M27.8M22.5M21.4M
Property Plant And Equipment Gross39.8M32.4M26.5M22.2M323.6M339.8M

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

  0.31ADV Advantage SolutionsPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Dallasnews Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dallasnews Corp's 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 Dallasnews Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dallasnews Corp Stock:
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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.