Dynacor Change To Operating Activities vs Begin Period Cash Flow Analysis

DNG Stock  CAD 6.02  0.24  4.15%   
Dynacor Gold financial indicator trend analysis is much more than just examining Dynacor Gold Mines latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dynacor Gold Mines is a good investment. Please check the relationship between Dynacor Gold Change To Operating Activities and its Begin Period Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynacor Gold Mines. 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.

Change To Operating Activities vs Begin Period Cash Flow

Change To Operating Activities vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dynacor Gold Mines Change To Operating Activities account and Begin Period Cash Flow. At this time, the significance of the direction appears to have pay attention.
The correlation between Dynacor Gold's Change To Operating Activities and Begin Period Cash Flow is -0.9. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Dynacor Gold Mines, assuming nothing else is changed. The correlation between historical values of Dynacor Gold's Change To Operating Activities and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Dynacor Gold Mines are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Change To Operating Activities i.e., Dynacor Gold's Change To Operating Activities and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.9
Relationship DirectionNegative 
Relationship StrengthSignificant

Change To Operating Activities

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Dynacor Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dynacor Gold Mines 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 Dynacor Gold Mines. 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.
At this time, Dynacor Gold's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 28th of November 2024, Enterprise Value Over EBITDA is likely to grow to 3.76, while Selling General Administrative is likely to drop about 3.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense181.2K206.8K316.6K306.1K
Depreciation And Amortization2.6M3.2M3.3M1.9M

Dynacor Gold fundamental ratios Correlations

0.040.710.691.00.87-0.28-0.720.870.730.760.860.10.750.45-0.510.5-0.430.590.630.35-0.370.80.960.75-0.02
0.04-0.27-0.15-0.020.26-0.390.46-0.09-0.2-0.30.27-0.15-0.320.03-0.010.12-0.120.66-0.04-0.240.490.160.12-0.210.48
0.71-0.270.620.70.49-0.18-0.660.60.640.650.480.110.630.55-0.460.45-0.420.270.480.23-0.190.60.650.62-0.21
0.69-0.150.620.660.410.11-0.760.860.980.810.41-0.220.810.43-0.650.38-0.30.190.950.63-0.520.910.580.960.01
1.0-0.020.70.660.87-0.28-0.730.870.710.760.870.150.750.42-0.490.49-0.410.560.60.35-0.40.760.960.74-0.04
0.870.260.490.410.87-0.61-0.420.740.460.491.00.370.480.25-0.370.46-0.350.790.40.13-0.090.660.940.470.05
-0.28-0.39-0.180.11-0.28-0.61-0.15-0.220.040.09-0.59-0.250.10.00.07-0.140.1-0.690.020.07-0.45-0.2-0.470.040.08
-0.720.46-0.66-0.76-0.73-0.42-0.15-0.8-0.81-0.98-0.410.04-0.98-0.480.5-0.40.32-0.13-0.6-0.50.64-0.68-0.62-0.860.39
0.87-0.090.60.860.870.74-0.22-0.80.90.860.740.070.860.38-0.630.48-0.350.460.840.59-0.460.910.830.93-0.11
0.73-0.20.640.980.710.460.04-0.810.90.850.47-0.170.860.45-0.620.36-0.270.250.940.64-0.490.920.650.98-0.13
0.76-0.30.650.810.760.490.09-0.980.860.850.49-0.071.00.51-0.550.46-0.360.260.670.52-0.590.770.680.9-0.32
0.860.270.480.410.871.0-0.59-0.410.740.470.490.340.470.28-0.360.46-0.350.780.410.11-0.120.660.930.470.1
0.1-0.150.11-0.220.150.37-0.250.040.07-0.17-0.070.34-0.08-0.28-0.030.21-0.130.11-0.18-0.260.3-0.130.22-0.15-0.04
0.75-0.320.630.810.750.480.1-0.980.860.861.00.47-0.080.5-0.510.4-0.30.240.670.53-0.590.770.670.9-0.33
0.450.030.550.430.420.250.0-0.480.380.450.510.28-0.280.5-0.210.31-0.270.30.32-0.16-0.150.470.330.43-0.06
-0.51-0.01-0.46-0.65-0.49-0.370.070.5-0.63-0.62-0.55-0.36-0.03-0.51-0.21-0.870.85-0.3-0.67-0.570.29-0.67-0.41-0.670.09
0.50.120.450.380.490.46-0.14-0.40.480.360.460.460.210.40.31-0.87-0.980.40.340.23-0.210.480.430.420.02
-0.43-0.12-0.42-0.3-0.41-0.350.10.32-0.35-0.27-0.36-0.35-0.13-0.3-0.270.85-0.98-0.33-0.27-0.20.19-0.38-0.34-0.33-0.02
0.590.660.270.190.560.79-0.69-0.130.460.250.260.780.110.240.3-0.30.4-0.330.220.00.320.570.710.25-0.05
0.63-0.040.480.950.60.40.02-0.60.840.940.670.41-0.180.670.32-0.670.34-0.270.220.67-0.40.890.540.920.07
0.35-0.240.230.630.350.130.07-0.50.590.640.520.11-0.260.53-0.16-0.570.23-0.20.00.67-0.440.540.290.7-0.31
-0.370.49-0.19-0.52-0.4-0.09-0.450.64-0.46-0.49-0.59-0.120.3-0.59-0.150.29-0.210.190.32-0.4-0.44-0.29-0.21-0.53-0.04
0.80.160.60.910.760.66-0.2-0.680.910.920.770.66-0.130.770.47-0.670.48-0.380.570.890.54-0.290.760.91-0.02
0.960.120.650.580.960.94-0.47-0.620.830.650.680.930.220.670.33-0.410.43-0.340.710.540.29-0.210.760.65-0.06
0.75-0.210.620.960.740.470.04-0.860.930.980.90.47-0.150.90.43-0.670.42-0.330.250.920.7-0.530.910.65-0.18
-0.020.48-0.210.01-0.040.050.080.39-0.11-0.13-0.320.1-0.04-0.33-0.060.090.02-0.02-0.050.07-0.31-0.04-0.02-0.06-0.18
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Dynacor Gold Account Relationship Matchups

Dynacor Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets74.8M76.3M91.4M96.9M111.8M58.2M
Short Long Term Debt Total4.3M706.7K344.0K701.2K635.7K603.9K
Other Current Liab1.8M2.5M5.0M2.9M4.2M2.1M
Total Current Liabilities10.3M8.4M14.0M11.2M17.2M18.1M
Total Stockholder Equity60.0M62.7M72.0M80.3M89.6M47.2M
Property Plant And Equipment Net41.3M39.0M39.6M40.6M43.8M29.5M
Net Debt(2.4M)(11.2M)(26.6M)(24.7M)(21.3M)(20.2M)
Retained Earnings35.8M38.2M47.0M54.6M64.0M67.2M
Accounts Payable5.0M5.7M8.9M8.2M11.2M11.8M
Cash6.7M11.9M26.9M25.4M21.9M23.0M
Non Current Assets Total44.9M42.5M40.9M42.0M43.8M30.5M
Non Currrent Assets Other41.0M41.6M3.4M1.3M1.5M1.5M
Cash And Short Term Investments6.7M11.9M26.9M25.4M22.5M23.6M
Net Receivables4.1M8.2M8.3M6.3M4.0M4.7M
Common Stock Shares Outstanding39.6M39.3M39.7M39.6M38.9M39.9M
Liabilities And Stockholders Equity74.8M76.3M91.4M96.9M111.8M58.2M
Non Current Liabilities Total4.5M5.1M5.3M5.4M5.0M3.6M
Inventory18.3M13.4M14.8M16.4M31.9M33.5M
Other Current Assets809.9K398.6K464.4K6.6M9.7M10.1M
Other Stockholder Equity3.5M3.5M3.5M3.2M3.7M3.5M
Total Liab14.9M13.6M19.3M16.6M22.2M23.3M
Property Plant And Equipment Gross41.3M39.0M52.3M56.2M61.5M32.5M
Total Current Assets30.0M33.8M50.4M54.9M68.0M71.4M
Short Term Debt3.6M223.9K110.6K66.1K56.9K54.0K
Other Assets3.6M3.4M1.3M1.3M1.5M1.3M
Common Stock20.6M21.0M21.5M22.4M21.9M21.6M
Other Liab3.8M4.6M5.1M4.8M5.5M4.0M
Net Tangible Assets60.0M62.7M72.0M80.3M92.3M60.0M
Property Plant Equipment41.3M39.0M39.6M40.6M46.7M38.5M
Long Term Debt Total756.9K482.9K233.4K635.2K571.6K909.2K
Capital Surpluse3.5M3.5M3.5M3.2M3.7M3.7M
Capital Lease Obligations1.3M706.7K344.0K701.2K635.7K554.6K
Net Invested Capital63.0M62.7M72.0M80.3M89.6M74.9M
Net Working Capital19.6M25.4M36.4M43.7M50.8M33.2M

Pair Trading with Dynacor Gold

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

Moving together with Dynacor Stock

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Moving against Dynacor Stock

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

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