Dye Payout Ratio vs Dividend Yield Analysis
DND Stock | CAD 20.85 0.38 1.86% |
Dye Durham financial indicator trend analysis is much more than just examining Dye Durham latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dye Durham is a good investment. Please check the relationship between Dye Durham Payout Ratio and its Dividend Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dye Durham. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Payout Ratio vs Dividend Yield
Payout Ratio vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dye Durham Payout Ratio account and Dividend Yield. At this time, the significance of the direction appears to have pay attention.
The correlation between Dye Durham's Payout Ratio and Dividend Yield is -0.99. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Dye Durham, assuming nothing else is changed. The correlation between historical values of Dye Durham's Payout Ratio and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Dye Durham are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Payout Ratio i.e., Dye Durham's Payout Ratio and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.99 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Payout Ratio
Payout Ratio is the proportion of Dye Durham earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Dye Durham dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Dye Durham is paying out more in dividends than it makes in net income.Dividend Yield
Dividend Yield is Dye Durham dividend as a percentage of Dye Durham stock price. Dye Durham dividend yield is a measure of Dye Durham stock productivity, which can be interpreted as interest rate earned on an Dye Durham investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Most indicators from Dye Durham's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dye Durham 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 Dye Durham. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of the 30th of November 2024, Selling General Administrative is likely to drop to about 52.6 M. In addition to that, Tax Provision is likely to grow to about (31.9 M)
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 81.3M | 122.8M | 153.6M | 161.3M | Depreciation And Amortization | 132.9M | 150.1M | 168.8M | 177.3M |
Dye Durham fundamental ratios Correlations
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Dye Durham Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dye Durham fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 167.0M | 1.6B | 2.3B | 2.1B | 2.2B | 1.2B | |
Short Long Term Debt Total | 195.6M | 599.9M | 1.2B | 1.3B | 1.5B | 1.6B | |
Other Current Liab | 12.3M | 16.0M | 6.3M | 48.0M | 58.0M | 60.9M | |
Total Current Liabilities | 2M | 106.6M | 161.2M | 168.4M | 180.1M | 92.9M | |
Total Stockholder Equity | (2M) | 750.9M | 763.4M | 423.1M | 389.3M | 319.8M | |
Other Liab | 12.0M | 117.3M | 181.4M | 193.9M | 223.0M | 234.2M | |
Net Tangible Assets | (208.9M) | (307.7M) | (1.2B) | (1.4B) | (1.3B) | (1.2B) | |
Property Plant And Equipment Net | 8.0M | 12.7M | 12.7M | 16.6M | 23.9M | 25.1M | |
Current Deferred Revenue | 3.5M | 10.2M | 14.2M | 10.5M | 14.7M | 8.5M | |
Net Debt | 193.0M | 170.6M | 943.7M | 1.3B | 1.5B | 1.5B | |
Retained Earnings | (2M) | (120.3M) | (116.9M) | (330.0M) | (509.9M) | (484.4M) | |
Accounts Payable | 7.0M | 59.8M | 117.8M | 100.7M | 80.0M | 51.0M | |
Cash | 2.6M | 429.3M | 223.6M | 36.3M | 80.3M | 107.0M | |
Non Current Assets Total | 148.1M | 1.1B | 1.9B | 1.9B | 2.1B | 2.2B | |
Non Currrent Assets Other | (148.1M) | 2.6M | 4.6M | 2.3M | 1.4M | 1.5M | |
Long Term Debt | 180.9M | 572.2M | 1.1B | 1.3B | 1.5B | 1.6B | |
Cash And Short Term Investments | 2.6M | 429.3M | 223.6M | 36.3M | 80.3M | 107.0M | |
Net Receivables | 11.8M | 47.1M | 70.4M | 77.7M | 96.7M | 101.5M | |
Good Will | 52.5M | 494.3M | 970.2M | 1.0B | 1.1B | 1.1B | |
Liabilities And Stockholders Equity | 167.0M | 1.6B | 2.3B | 2.1B | 2.2B | 1.2B | |
Non Current Liabilities Total | 186.3M | 700.8M | 1.3B | 1.5B | 1.7B | 1.8B | |
Other Current Assets | 3.5M | 8.1M | 12.1M | 125.3M | 13.4M | 23.3M | |
Other Stockholder Equity | 1.3M | (725.4M) | 46.7M | (351.2M) | 96.1M | 100.9M | |
Total Liab | 2M | 807.4M | 1.5B | 1.7B | 1.9B | 1.9B | |
Net Invested Capital | (2M) | 1.3B | 1.9B | 1.8B | 1.9B | 990.3M | |
Short Long Term Debt | 6.7M | 17.4M | 19.6M | 4.4M | 22.0M | 12.8M | |
Total Current Assets | 17.9M | 484.5M | 306.1M | 239.3M | 190.4M | 174.5M | |
Accumulated Other Comprehensive Income | (3.6M) | (729K) | (32.7M) | (421K) | (16.4M) | (15.6M) | |
Net Working Capital | (13.7M) | 377.9M | 144.9M | 70.9M | 10.3M | 9.8M | |
Short Term Debt | 8.8M | 20.6M | 22.9M | 9.1M | 27.4M | 15.7M | |
Intangible Assets | 87.5M | 564.3M | 956.9M | 860.7M | 788.6M | 472.5M | |
Common Stock | 9.1M | 845.7M | 866.3M | 681.2M | 819.5M | 452.4M | |
Property Plant Equipment | 8.0M | 12.7M | 12.7M | 16.6M | 19.1M | 20.0M | |
Long Term Debt Total | 128.5M | 186.8M | 579.4M | 1.1B | 1.3B | 1.4B | |
Capital Surpluse | 997K | 1.3M | 26.2M | 46.7M | 53.7M | 56.4M | |
Cash And Equivalents | 3.5M | 2.6M | 429.3M | 223.6M | 257.2M | 145.0M |
Pair Trading with Dye Durham
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 Dye Durham 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 Dye Durham will appreciate offsetting losses from the drop in the long position's value.Moving together with Dye Stock
The ability to find closely correlated positions to Dye Durham could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dye Durham 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 Dye Durham - 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 Dye Durham to buy it.
The correlation of Dye Durham 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 Dye Durham moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dye Durham 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 Dye Durham 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.Other Information on Investing in Dye Stock
Balance Sheet is a snapshot of the financial position of Dye Durham at a specified time, usually calculated after every quarter, six months, or one year. Dye Durham Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dye Durham 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 Dye currently owns. An asset can also be divided into two categories, current and non-current.