Dividend Net Income Per Share vs Free Cash Flow Per Share Analysis

DF Stock  CAD 6.65  0.12  1.84%   
Dividend financial indicator trend analysis is much more than just examining Dividend 15 Split latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dividend 15 Split is a good investment. Please check the relationship between Dividend Net Income Per Share and its Free Cash Flow Per Share accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dividend 15 Split. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Net Income Per Share vs Free Cash Flow Per Share

Net Income Per Share vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dividend 15 Split Net Income Per Share account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dividend's Net Income Per Share and Free Cash Flow Per Share is -0.4. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Dividend 15 Split, assuming nothing else is changed. The correlation between historical values of Dividend's Net Income Per Share and Free Cash Flow Per Share 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 Per Share of Dividend 15 Split are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Net Income Per Share i.e., Dividend's Net Income Per Share and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Income Per Share

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Most indicators from Dividend's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dividend 15 Split 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 Dividend 15 Split. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
As of the 25th of November 2024, Enterprise Value is likely to grow to about 1.3 B, while Selling General Administrative is likely to drop about 558 K.
 2010 2023 2024 (projected)
Cost Of Revenue2.0M1.8M1.6M
Research Development1.671.51.34

Dividend fundamental ratios Correlations

0.13-0.190.93-0.27-0.21-0.170.780.99-0.930.780.780.20.80.240.780.75-0.540.370.86-0.110.31-0.11-0.110.31-0.11
0.13-0.98-0.080.05-0.23-0.98-0.160.17-0.210.09-0.160.550.17-0.21-0.140.030.210.560.27-0.360.36-0.36-0.360.36-0.36
-0.19-0.980.03-0.060.231.00.13-0.240.22-0.190.13-0.52-0.260.160.11-0.14-0.17-0.6-0.260.18-0.270.180.18-0.270.18
0.93-0.080.03-0.27-0.010.050.840.91-0.880.680.840.010.670.320.840.64-0.420.290.8-0.060.2-0.06-0.060.2-0.06
-0.270.05-0.06-0.270.0-0.06-0.35-0.250.26-0.02-0.350.110.02-0.35-0.35-0.020.040.01-0.350.05-0.050.050.05-0.050.05
-0.21-0.230.23-0.010.00.24-0.17-0.20.23-0.28-0.17-0.43-0.37-0.11-0.18-0.390.550.05-0.090.00.020.00.00.020.0
-0.17-0.981.00.05-0.060.240.14-0.210.2-0.160.14-0.54-0.230.160.12-0.11-0.19-0.59-0.250.19-0.270.190.19-0.270.19
0.78-0.160.130.84-0.35-0.170.140.71-0.730.451.00.060.470.31.00.4-0.370.130.670.04-0.030.040.04-0.030.04
0.990.17-0.240.91-0.25-0.2-0.210.71-0.920.80.710.210.820.220.710.77-0.550.390.85-0.130.36-0.13-0.130.36-0.13
-0.93-0.210.22-0.880.260.230.2-0.73-0.92-0.73-0.73-0.18-0.76-0.21-0.74-0.650.57-0.38-0.830.33-0.310.330.33-0.310.33
0.780.09-0.190.68-0.02-0.28-0.160.450.8-0.730.450.110.950.150.450.96-0.690.470.4-0.040.23-0.04-0.040.23-0.04
0.78-0.160.130.84-0.35-0.170.141.00.71-0.730.450.060.470.31.00.4-0.370.130.670.04-0.030.040.04-0.030.04
0.20.55-0.520.010.11-0.43-0.540.060.21-0.180.110.060.24-0.020.10.120.140.360.28-0.110.22-0.11-0.110.22-0.11
0.80.17-0.260.670.02-0.37-0.230.470.82-0.760.950.470.240.140.480.9-0.690.560.46-0.080.25-0.08-0.080.25-0.08
0.24-0.210.160.32-0.35-0.110.160.30.22-0.210.150.3-0.020.140.30.18-0.120.040.130.34-0.340.340.34-0.340.34
0.78-0.140.110.84-0.35-0.180.121.00.71-0.740.451.00.10.480.30.41-0.360.150.680.04-0.030.040.04-0.030.04
0.750.03-0.140.64-0.02-0.39-0.110.40.77-0.650.960.40.120.90.180.41-0.710.320.360.050.210.050.050.210.05
-0.540.21-0.17-0.420.040.55-0.19-0.37-0.550.57-0.69-0.370.14-0.69-0.12-0.36-0.710.11-0.280.16-0.160.160.16-0.160.16
0.370.56-0.60.290.010.05-0.590.130.39-0.380.470.130.360.560.040.150.320.110.24-0.110.17-0.11-0.110.17-0.11
0.860.27-0.260.8-0.35-0.09-0.250.670.85-0.830.40.670.280.460.130.680.36-0.280.24-0.350.51-0.35-0.350.51-0.35
-0.11-0.360.18-0.060.050.00.190.04-0.130.33-0.040.04-0.11-0.080.340.040.050.16-0.11-0.35-0.81.01.0-0.81.0
0.310.36-0.270.2-0.050.02-0.27-0.030.36-0.310.23-0.030.220.25-0.34-0.030.21-0.160.170.51-0.8-0.8-0.81.0-0.8
-0.11-0.360.18-0.060.050.00.190.04-0.130.33-0.040.04-0.11-0.080.340.040.050.16-0.11-0.351.0-0.81.0-0.81.0
-0.11-0.360.18-0.060.050.00.190.04-0.130.33-0.040.04-0.11-0.080.340.040.050.16-0.11-0.351.0-0.81.0-0.81.0
0.310.36-0.270.2-0.050.02-0.27-0.030.36-0.310.23-0.030.220.25-0.34-0.030.21-0.160.170.51-0.81.0-0.8-0.8-0.8
-0.11-0.360.18-0.060.050.00.190.04-0.130.33-0.040.04-0.11-0.080.340.040.050.16-0.11-0.351.0-0.81.01.0-0.8
Click cells to compare fundamentals

Dividend Account Relationship Matchups

Dividend fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets186.5M376.3M459.6M346.2M398.1M214.9M
Other Current Liab(831.9K)(4.1M)(1.9M)(1.2M)(1.1M)(1.1M)
Total Current Liabilities831.9K4.1M1.9M1.2M1.4M2.4M
Total Stockholder Equity46.1M128.9M145.3M95.5M109.8M74.7M
Net Debt(12.8M)(63.4M)(59.8M)(18.5M)(16.6M)(15.8M)
Accounts Payable831.9K4.1M1.9M1.2M1.4M2.3M
Cash12.8M63.4M59.8M18.5M21.2M19.7M
Non Current Assets Total173.0M312.0M398.6M326.3M375.3M194.2M
Non Currrent Assets Other(173.0M)(312.0M)(398.6M)(326.3M)(293.7M)(308.4M)
Cash And Short Term Investments12.8M63.4M59.8M18.5M21.2M19.7M
Net Receivables593.5K896.1K1.2M1.4M1.6M1.0M
Liabilities And Stockholders Equity186.5M376.3M459.6M346.2M398.1M214.9M
Total Liab831.9K4.1M314.4M1.2M1.4M1.3M
Total Current Assets13.4M64.2M61.0M19.9M22.8M20.7M
Long Term Investments173.0M312.0M398.6M326.3M375.3M288.6M

Pair Trading with Dividend

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

Moving together with Dividend Stock

  0.75ASM Avino Silver GoldPairCorr

Moving against Dividend Stock

  0.62VCM Vecima NetworksPairCorr
The ability to find closely correlated positions to Dividend could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dividend 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 Dividend - 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 Dividend 15 Split to buy it.
The correlation of Dividend 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 Dividend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dividend 15 Split 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 Dividend 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

Other Information on Investing in Dividend Stock

Balance Sheet is a snapshot of the financial position of Dividend 15 Split at a specified time, usually calculated after every quarter, six months, or one year. Dividend Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dividend 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 Dividend currently owns. An asset can also be divided into two categories, current and non-current.