Dye Payout Ratio vs Ev To Sales 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 Ev To Sales 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 Ev To Sales

Payout Ratio vs Ev To Sales 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 Ev To Sales. At this time, the significance of the direction appears to have very week relationship.
The correlation between Dye Durham's Payout Ratio and Ev To Sales is 0.23. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Ev To Sales 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 Ev To Sales 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 Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Payout Ratio i.e., Dye Durham's Payout Ratio and Ev To Sales go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
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 Expense81.3M122.8M153.6M161.3M
Depreciation And Amortization132.9M150.1M168.8M177.3M

Dye Durham fundamental ratios Correlations

0.920.840.570.90.880.86-0.850.810.930.77-0.630.940.630.880.00.950.840.630.850.87-0.710.850.790.46-0.27
0.920.90.680.990.90.93-0.910.840.990.84-0.760.980.620.940.260.910.90.620.910.93-0.630.910.850.56-0.33
0.840.90.890.910.730.99-0.980.960.90.98-0.930.880.430.990.220.821.00.431.00.99-0.631.00.970.55-0.08
0.570.680.890.710.420.86-0.840.920.660.92-0.980.60.180.830.140.510.890.180.890.84-0.510.880.840.56-0.04
0.90.990.910.710.860.93-0.920.840.980.86-0.790.970.560.940.290.880.910.560.910.94-0.620.920.870.58-0.29
0.880.90.730.420.860.79-0.70.690.90.59-0.520.90.880.810.30.910.730.880.750.79-0.550.750.620.35-0.53
0.860.930.990.860.930.79-0.960.960.920.96-0.920.90.511.00.270.850.990.511.01.0-0.621.00.950.54-0.16
-0.85-0.91-0.98-0.84-0.92-0.7-0.96-0.91-0.88-0.980.88-0.91-0.33-0.97-0.2-0.82-0.98-0.33-0.96-0.980.61-0.98-0.98-0.660.05
0.810.840.960.920.840.690.96-0.910.860.94-0.930.790.470.940.060.780.960.470.980.94-0.70.960.890.45-0.14
0.930.990.90.660.980.90.92-0.880.860.82-0.750.960.650.930.210.930.90.650.910.92-0.650.90.840.42-0.26
0.770.840.980.920.860.590.96-0.980.940.82-0.950.810.250.950.190.730.980.250.970.96-0.580.980.990.580.06
-0.63-0.76-0.93-0.98-0.79-0.52-0.920.88-0.93-0.75-0.95-0.68-0.26-0.89-0.26-0.6-0.93-0.26-0.93-0.90.51-0.92-0.9-0.490.01
0.940.980.880.60.970.90.9-0.910.790.960.81-0.680.60.920.250.930.880.60.870.92-0.610.890.840.59-0.3
0.630.620.430.180.560.880.51-0.330.470.650.25-0.260.60.520.210.70.421.00.490.49-0.440.450.260.03-0.7
0.880.940.990.830.940.811.0-0.970.940.930.95-0.890.920.520.260.880.990.520.991.0-0.620.990.960.54-0.15
0.00.260.220.140.290.30.27-0.20.060.210.19-0.260.250.210.260.080.220.210.220.270.330.230.260.15-0.12
0.950.910.820.510.880.910.85-0.820.780.930.73-0.60.930.70.880.080.820.70.830.86-0.770.830.770.35-0.25
0.840.91.00.890.910.730.99-0.980.960.90.98-0.930.880.420.990.220.820.421.00.99-0.621.00.970.56-0.08
0.630.620.430.180.560.880.51-0.330.470.650.25-0.260.61.00.520.210.70.420.490.49-0.440.450.260.03-0.7
0.850.911.00.890.910.751.0-0.960.980.910.97-0.930.870.490.990.220.831.00.490.99-0.631.00.950.51-0.13
0.870.930.990.840.940.791.0-0.980.940.920.96-0.90.920.491.00.270.860.990.490.99-0.611.00.960.56-0.13
-0.71-0.63-0.63-0.51-0.62-0.55-0.620.61-0.7-0.65-0.580.51-0.61-0.44-0.620.33-0.77-0.62-0.44-0.63-0.61-0.63-0.53-0.320.24
0.850.911.00.880.920.751.0-0.980.960.90.98-0.920.890.450.990.230.831.00.451.01.0-0.630.970.57-0.11
0.790.850.970.840.870.620.95-0.980.890.840.99-0.90.840.260.960.260.770.970.260.950.96-0.530.970.540.12
0.460.560.550.560.580.350.54-0.660.450.420.58-0.490.590.030.540.150.350.560.030.510.56-0.320.570.54-0.37
-0.27-0.33-0.08-0.04-0.29-0.53-0.160.05-0.14-0.260.060.01-0.3-0.7-0.15-0.12-0.25-0.08-0.7-0.13-0.130.24-0.110.12-0.37
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Dye Durham Account Relationship Matchups

Dye Durham fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets167.0M1.6B2.3B2.1B2.2B1.2B
Short Long Term Debt Total195.6M599.9M1.2B1.3B1.5B1.6B
Other Current Liab12.3M16.0M6.3M48.0M58.0M60.9M
Total Current Liabilities2M106.6M161.2M168.4M180.1M92.9M
Total Stockholder Equity(2M)750.9M763.4M423.1M389.3M319.8M
Other Liab12.0M117.3M181.4M193.9M223.0M234.2M
Net Tangible Assets(208.9M)(307.7M)(1.2B)(1.4B)(1.3B)(1.2B)
Property Plant And Equipment Net8.0M12.7M12.7M16.6M23.9M25.1M
Current Deferred Revenue3.5M10.2M14.2M10.5M14.7M8.5M
Net Debt193.0M170.6M943.7M1.3B1.5B1.5B
Retained Earnings(2M)(120.3M)(116.9M)(330.0M)(509.9M)(484.4M)
Accounts Payable7.0M59.8M117.8M100.7M80.0M51.0M
Cash2.6M429.3M223.6M36.3M80.3M107.0M
Non Current Assets Total148.1M1.1B1.9B1.9B2.1B2.2B
Non Currrent Assets Other(148.1M)2.6M4.6M2.3M1.4M1.5M
Long Term Debt180.9M572.2M1.1B1.3B1.5B1.6B
Cash And Short Term Investments2.6M429.3M223.6M36.3M80.3M107.0M
Net Receivables11.8M47.1M70.4M77.7M96.7M101.5M
Good Will52.5M494.3M970.2M1.0B1.1B1.1B
Liabilities And Stockholders Equity167.0M1.6B2.3B2.1B2.2B1.2B
Non Current Liabilities Total186.3M700.8M1.3B1.5B1.7B1.8B
Other Current Assets3.5M8.1M12.1M125.3M13.4M23.3M
Other Stockholder Equity1.3M(725.4M)46.7M(351.2M)96.1M100.9M
Total Liab2M807.4M1.5B1.7B1.9B1.9B
Net Invested Capital(2M)1.3B1.9B1.8B1.9B990.3M
Short Long Term Debt6.7M17.4M19.6M4.4M22.0M12.8M
Total Current Assets17.9M484.5M306.1M239.3M190.4M174.5M
Accumulated Other Comprehensive Income(3.6M)(729K)(32.7M)(421K)(16.4M)(15.6M)
Net Working Capital(13.7M)377.9M144.9M70.9M10.3M9.8M
Short Term Debt8.8M20.6M22.9M9.1M27.4M15.7M
Intangible Assets87.5M564.3M956.9M860.7M788.6M472.5M
Common Stock9.1M845.7M866.3M681.2M819.5M452.4M
Property Plant Equipment8.0M12.7M12.7M16.6M19.1M20.0M
Long Term Debt Total128.5M186.8M579.4M1.1B1.3B1.4B
Capital Surpluse997K1.3M26.2M46.7M53.7M56.4M
Cash And Equivalents3.5M2.6M429.3M223.6M257.2M145.0M

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

  0.77WMT Walmart Inc CDRPairCorr
  0.68AMZN Amazon CDRPairCorr
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.
Pair CorrelationCorrelation Matching

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.