Dana Total Stockholder Equity vs Common Stock Analysis

DAN Stock

USD 8.54 0.26 3.14%

Dana financial indicator trend analysis is much more than just examining Dana Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dana Inc is a good investment. Please check the relationship between Dana Total Stockholder Equity and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dana Inc. 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.

Total Stockholder Equity vs Common Stock

Total Stockholder Equity vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dana Inc Total Stockholder Equity account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Dana's Total Stockholder Equity and Common Stock is -0.19. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock in the same time period over historical financial statements of Dana Inc, assuming nothing else is changed. The correlation between historical values of Dana's Total Stockholder Equity and Common Stock 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 Stockholder Equity of Dana Inc are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Stockholder Equity i.e., Dana's Total Stockholder Equity and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Common Stock

Most indicators from Dana's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dana Inc 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 Dana Inc. 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.

At this time, Dana's Discontinued Operations is very stable compared to the past year. As of the 25th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.07, while Selling General Administrative is likely to drop about 453.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	837M	763M	900M	834.3M
Total Revenue	8.9B	10.2B	10.6B	8.3B

Gross Profit Total Revenue

Dana fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Assets	Accounts Payable	Common Stock Total Equity
Total Assets		0.91	0.52	0.95	0.62	0.96	0.8	0.27	-0.17	0.96	-0.45	-0.21	0.95	-0.05	0.93	0.85	0.59	0.27	0.97	0.69	0.91	0.0	0.17	-0.51	0.86	-0.62
Short Long Term Debt Total	0.91		0.5	0.87	0.34	0.94	0.93	0.44	-0.28	0.9	-0.53	-0.3	0.81	-0.37	0.94	0.83	0.56	0.12	0.95	0.66	0.78	0.0	-0.21	-0.35	0.84	-0.5
Other Current Liab	0.52	0.5		0.6	0.44	0.64	0.65	0.75	-0.7	0.6	-0.67	-0.73	0.53	-0.5	0.32	0.73	0.46	-0.46	0.47	0.54	0.32	0.44	0.05	0.28	0.65	0.21
Total Current Liabilities	0.95	0.87	0.6		0.52	0.93	0.8	0.34	-0.3	0.9	-0.48	-0.34	0.93	-0.12	0.84	0.91	0.71	0.11	0.95	0.78	0.88	0.11	0.13	-0.41	0.91	-0.5
Total Stockholder Equity	0.62	0.34	0.44	0.52		0.55	0.34	0.15	-0.15	0.61	-0.06	-0.22	0.65	0.26	0.34	0.55	0.24	0.14	0.43	0.3	0.53	0.33	0.72	-0.14	0.48	-0.19
Property Plant And Equipment Net	0.96	0.94	0.64	0.93	0.55		0.92	0.48	-0.4	0.97	-0.5	-0.44	0.91	-0.26	0.88	0.91	0.53	0.11	0.94	0.65	0.79	0.08	0.02	-0.3	0.92	-0.45
Net Debt	0.8	0.93	0.65	0.8	0.34	0.92		0.68	-0.6	0.86	-0.51	-0.61	0.74	-0.55	0.77	0.89	0.46	-0.1	0.82	0.57	0.59	0.14	-0.28	-0.04	0.88	-0.21
Retained Earnings	0.27	0.44	0.75	0.34	0.15	0.48	0.68		-0.92	0.49	-0.4	-0.92	0.24	-0.8	0.17	0.51	0.28	-0.71	0.26	0.39	-0.09	0.48	-0.33	0.58	0.44	0.42
Cash	-0.17	-0.28	-0.7	-0.3	-0.15	-0.4	-0.6	-0.92		-0.36	0.21	0.99	-0.21	0.67	-0.01	-0.53	-0.2	0.71	-0.15	-0.28	0.14	-0.48	0.21	-0.65	-0.46	-0.53
Non Current Assets Total	0.96	0.9	0.6	0.9	0.61	0.97	0.86	0.49	-0.36		-0.45	-0.4	0.9	-0.2	0.88	0.82	0.55	0.08	0.93	0.69	0.74	0.08	0.11	-0.34	0.81	-0.5
Non Currrent Assets Other	-0.45	-0.53	-0.67	-0.48	-0.06	-0.5	-0.51	-0.4	0.21	-0.45		0.22	-0.46	0.48	-0.48	-0.46	-0.23	0.07	-0.5	-0.32	-0.39	0.09	0.22	0.09	-0.49	0.15
Cash And Short Term Investments	-0.21	-0.3	-0.73	-0.34	-0.22	-0.44	-0.61	-0.92	0.99	-0.4	0.22		-0.25	0.65	-0.04	-0.56	-0.22	0.69	-0.18	-0.3	0.1	-0.5	0.16	-0.63	-0.5	-0.5
Net Receivables	0.95	0.81	0.53	0.93	0.65	0.91	0.74	0.24	-0.21	0.9	-0.46	-0.25		0.0	0.84	0.85	0.47	0.26	0.91	0.56	0.88	-0.06	0.29	-0.48	0.87	-0.58
Common Stock Shares Outstanding	-0.05	-0.37	-0.5	-0.12	0.26	-0.26	-0.55	-0.8	0.67	-0.2	0.48	0.65	0.0		-0.1	-0.29	-0.14	0.65	-0.12	-0.2	0.18	-0.29	0.63	-0.57	-0.27	-0.46
Non Current Liabilities Total	0.93	0.94	0.32	0.84	0.34	0.88	0.77	0.17	-0.01	0.88	-0.48	-0.04	0.84	-0.1		0.7	0.49	0.39	0.97	0.59	0.86	-0.25	-0.09	-0.63	0.74	-0.76
Inventory	0.85	0.83	0.73	0.91	0.55	0.91	0.89	0.51	-0.53	0.82	-0.46	-0.56	0.85	-0.29	0.7		0.56	-0.01	0.82	0.63	0.75	0.24	0.05	-0.12	0.98	-0.22
Other Current Assets	0.59	0.56	0.46	0.71	0.24	0.53	0.46	0.28	-0.2	0.55	-0.23	-0.22	0.47	-0.14	0.49	0.56		-0.27	0.62	0.97	0.56	0.42	0.1	-0.19	0.48	-0.21
Other Stockholder Equity	0.27	0.12	-0.46	0.11	0.14	0.11	-0.1	-0.71	0.71	0.08	0.07	0.69	0.26	0.65	0.39	-0.01	-0.27		0.26	-0.27	0.49	-0.68	0.15	-0.81	0.09	-0.77
Total Liab	0.97	0.95	0.47	0.95	0.43	0.94	0.82	0.26	-0.15	0.93	-0.5	-0.18	0.91	-0.12	0.97	0.82	0.62	0.26		0.71	0.89	-0.09	0.0	-0.55	0.84	-0.67
Property Plant And Equipment Gross	0.69	0.66	0.54	0.78	0.3	0.65	0.57	0.39	-0.28	0.69	-0.32	-0.3	0.56	-0.2	0.59	0.63	0.97	-0.27	0.71		0.59	0.39	0.08	-0.2	0.55	-0.26
Total Current Assets	0.91	0.78	0.32	0.88	0.53	0.79	0.59	-0.09	0.14	0.74	-0.39	0.1	0.88	0.18	0.86	0.75	0.56	0.49	0.89	0.59		-0.11	0.25	-0.68	0.78	-0.71
Short Term Debt	0.0	0.0	0.44	0.11	0.33	0.08	0.14	0.48	-0.48	0.08	0.09	-0.5	-0.06	-0.29	-0.25	0.24	0.42	-0.68	-0.09	0.39	-0.11		0.24	0.66	0.13	0.63
Intangible Assets	0.17	-0.21	0.05	0.13	0.72	0.02	-0.28	-0.33	0.21	0.11	0.22	0.16	0.29	0.63	-0.09	0.05	0.1	0.15	0.0	0.08	0.25	0.24		-0.17	0.0	-0.09
Other Assets	-0.51	-0.35	0.28	-0.41	-0.14	-0.3	-0.04	0.58	-0.65	-0.34	0.09	-0.63	-0.48	-0.57	-0.63	-0.12	-0.19	-0.81	-0.55	-0.2	-0.68	0.66	-0.17		-0.2	0.97
Accounts Payable	0.86	0.84	0.65	0.91	0.48	0.92	0.88	0.44	-0.46	0.81	-0.49	-0.5	0.87	-0.27	0.74	0.98	0.48	0.09	0.84	0.55	0.78	0.13	0.0	-0.2		-0.3
Common Stock Total Equity	-0.62	-0.5	0.21	-0.5	-0.19	-0.45	-0.21	0.42	-0.53	-0.5	0.15	-0.5	-0.58	-0.46	-0.76	-0.22	-0.21	-0.77	-0.67	-0.26	-0.71	0.63	-0.09	0.97	-0.3

Click cells to compare fundamentals

Dana Account Relationship Matchups

Dana fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.2B	7.4B	7.6B	7.4B	8.0B	6.9B
Short Long Term Debt Total	2.6B	2.7B	2.7B	2.7B	3.0B	2.3B
Other Current Liab	508M	455M	516M	491M	512M	504.9M
Total Current Liabilities	1.8B	1.9B	2.2B	2.5B	2.6B	2.2B
Total Stockholder Equity	1.9B	1.8B	1.9B	1.6B	1.6B	1.5B
Property Plant And Equipment Net	2.4B	2.4B	2.4B	2.5B	2.6B	2.0B
Net Debt	2.0B	2.1B	2.4B	2.3B	2.5B	1.3B
Retained Earnings	622M	530M	662M	321M	317M	623.5M
Cash	508M	559M	268M	425M	529M	530.5M
Non Current Assets Total	4.1B	4.1B	4.0B	3.6B	3.9B	3.8B
Cash And Short Term Investments	527M	580M	285M	425M	529M	566.1M
Net Receivables	1.3B	1.4B	1.5B	1.6B	1.4B	1.3B
Common Stock Shares Outstanding	145.1M	144.5M	146.2M	143.6M	144.6M	149.5M
Liabilities And Stockholders Equity	7.2B	7.4B	7.6B	7.4B	8.0B	6.9B
Non Current Liabilities Total	3.2B	3.4B	3.3B	3.2B	3.5B	3.0B
Inventory	1.2B	1.1B	1.6B	1.6B	1.7B	1.0B
Other Current Assets	137M	127M	196M	219M	527M	553.4M
Other Stockholder Equity	2.2B	2.3B	2.2B	2.2B	2.2B	1.3B
Total Liab	5.1B	5.4B	5.5B	5.7B	6.1B	5.3B
Property Plant And Equipment Gross	2.4B	2.4B	2.4B	2.5B	5.8B	6.1B
Total Current Assets	3.2B	3.3B	3.6B	3.8B	4.1B	3.2B
Accumulated Other Comprehensive Income	(987M)	(1.0B)	(985M)	(1.0B)	(990M)	(1.0B)
Short Term Debt	76M	120M	74M	96M	141M	134.0M
Intangible Assets	240M	236M	233M	201M	182M	268.7M
Other Assets	700M	1.1B	711M	520M	468M	510.1M
Accounts Payable	1.3B	1.3B	1.6B	1.8B	1.8B	1.0B
Short Term Investments	40M	21M	19M	17M	15.3M	14.5M
Other Liab	693M	847M	690M	536M	482.4M	458.3M
Long Term Debt	2.3B	2.4B	2.4B	2.3B	2.6B	1.8B
Good Will	493M	479M	482M	259M	263M	266.3M
Property Plant Equipment	2.3B	2.4B	2.4B	2.5B	2.3B	1.5B
Treasury Stock	(119M)	(150M)	(156M)	(184M)	(165.6M)	(157.3M)
Net Tangible Assets	1.3B	1.2B	1.4B	1.7B	2.0B	1.1B
Noncontrolling Interest In Consolidated Entity	95M	76M	53M	52M	46.8M	71.5M

Pair Trading with Dana

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 Dana 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 Dana will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dana Stock

0.85

FOXF

Fox Factory Holding

Pair Corr

Moving against Dana Stock

0.78	DORM	Dorman Products	Pair Corr
0.76	FLXS	Flexsteel Industries	Pair Corr
0.66	EVRI	Everi Holdings	Pair Corr
0.57	BH	Biglari Holdings	Pair Corr
0.53	WEYS	Weyco Group	Pair Corr

The ability to find closely correlated positions to Dana could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dana 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 Dana - 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 Dana Inc to buy it.

The correlation of Dana 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 Dana moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dana Inc 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 Dana 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 Correlation Correlation Matching

When determining whether Dana Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dana'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 Dana Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dana Inc Stock:

How To Invest In Dana

Details

Is Dana Stock a good investment?

Details

What is Dana's Net Worth?

Details

Largest Automotive Parts & Equipment Companies

View

Largest Automobiles & Components Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dana Inc. 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.

You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Is Automotive Parts & Equipment 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 Dana. If investors know Dana 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 Dana listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.79)

Dividend Share

0.4

Earnings Share

(0.11)

Revenue Per Share

72.058

Quarterly Revenue Growth

(0.07)

The market value of Dana Inc is measured differently than its book value, which is the value of Dana that is recorded on the company's balance sheet. Investors also form their own opinion of Dana's value that differs from its market value or its book value, called intrinsic value, which is Dana'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 Dana's market value can be influenced by many factors that don't directly affect Dana'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 Dana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dana'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Dana Total Stockholder Equity vs Common Stock Analysis

Total Stockholder Equity vs Common Stock

Total Stockholder Equity vs Common Stock Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Common Stock

Dana fundamental ratios Correlations

Dana Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dana fundamental ratios Accounts

Pair Trading with Dana

Moving together with Dana Stock

Moving against Dana Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 0.99	Cash
Accounts Payable	+ 0.98	Inventory
Total Liab	+ 0.97	Total Assets
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net
Total Liab	+ 0.97	Non Current Liabilities Total
Property Plant And Equipment Gross	+ 0.97	Other Current Assets

Cash And Short Term Investments	- 0.92	Retained Earnings
Cash	- 0.92	Retained Earnings
Other Assets	- 0.81	Other Stockholder Equity
Common Stock Shares Outstanding	- 0.8	Retained Earnings
Common Stock Total Equity	- 0.77	Other Stockholder Equity
Common Stock Total Equity	- 0.76	Non Current Liabilities Total