DTF Retained Earnings vs Long Term Debt Analysis
| DTF Stock | USD 11.25 0.03 0.27% |
DTF Tax financial indicator trend analysis is much more than just examining DTF Tax Free latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DTF Tax Free is a good investment. Please check the relationship between DTF Tax Retained Earnings and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DTF Tax Free. 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.
Retained Earnings vs Long Term Debt
Retained Earnings vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DTF Tax Free Retained Earnings account and Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between DTF Tax's Retained Earnings and Long Term Debt is -0.55. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of DTF Tax Free, assuming nothing else is changed. The correlation between historical values of DTF Tax's Retained Earnings and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of DTF Tax Free are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Retained Earnings i.e., DTF Tax's Retained Earnings and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.55 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Long Term Debt
Long-term debt is a debt that DTF Tax Free has held for over one year. Long-term debt appears on DTF Tax Free balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on DTF Tax Free balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from DTF Tax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DTF Tax Free 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 DTF Tax Free. 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. At this time, DTF Tax's Selling General Administrative is most likely to decrease significantly in the upcoming years. The DTF Tax's current Sales General And Administrative To Revenue is estimated to increase to 0.33, while Issuance Of Capital Stock is projected to decrease to roughly 52 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 5.4M | 3.9M | 3.5M | 5.0M | Net Interest Income | 3.7M | 2.6M | 2.4M | 3.8M |
DTF Tax fundamental ratios Correlations
Click cells to compare fundamentals
DTF Tax Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DTF Tax fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 201.1M | 177.0M | 148.8M | 84.3M | 75.8M | 148.7M | |
| Total Stockholder Equity | 134.5M | 110.5M | 83.9M | 84.2M | 75.8M | 111.6M | |
| Net Tangible Assets | 134.2M | 134.5M | 110.5M | 83.9M | 75.5M | 115.3M | |
| Retained Earnings | 14.3M | 14.0M | (12.5M) | (11.4M) | (10.3M) | (9.8M) | |
| Accounts Payable | 2.7M | 1.0M | 1.5M | 1.6M | 1.9M | 1.7M | |
| Cash | 1.6M | 3.4M | 24.5M | 182.4K | 209.8K | 199.3K | |
| Other Assets | 16.0K | 10.1K | 10.3K | 5.5K | 4.9K | 4.7K | |
| Net Receivables | 2.6M | 2.1M | 1.8M | 1.1M | 1.0M | 982.6K | |
| Total Liab | 1.5M | 1.6M | 65.0M | 71.9K | 64.7K | 61.5K | |
| Long Term Investments | 196.9M | 171.4M | 122.5M | 82.9M | 74.6M | 143.8M | |
| Other Current Liab | (1.5M) | (1.6M) | 126.4K | 71.9K | 64.7K | 67.9K | |
| Total Current Liabilities | 1.5M | 1.6M | 126.4K | 117.9K | 106.1K | 100.8K | |
| Total Current Assets | 4.2M | 5.6M | 26.3M | 1.3M | 1.5M | 1.5M | |
| Non Current Assets Total | 196.9M | 171.4M | 122.5M | 82.9M | 95.4M | 140.9M | |
| Non Currrent Assets Other | (196.9M) | (171.4M) | (122.5M) | (82.9M) | (74.6M) | (78.4M) | |
| Cash And Short Term Investments | 1.6M | 3.4M | 24.5M | 182.4K | 209.8K | 199.3K | |
| Liabilities And Stockholders Equity | 201.1M | 177.0M | 148.8M | 84.3M | 96.9M | 147.0M | |
| Non Current Liabilities Total | 65.0M | 64.7M | 64.9M | 71.9K | 82.7K | 78.5K | |
| Other Current Assets | (4.2M) | 10.1K | 10.3K | 5.5K | 4.9K | 5.2K | |
| Other Stockholder Equity | 120.1M | 96.4M | 96.3M | 95.5M | 109.9M | 95.4M | |
| Net Debt | 63.4M | 61.3M | 40.4M | (182.4K) | (209.8K) | (199.3K) |
Currently Active Assets on Macroaxis
When determining whether DTF Tax Free is a strong investment it is important to analyze DTF Tax's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DTF Tax's future performance. For an informed investment choice regarding DTF Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DTF Tax Free. 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. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Asset Management & Custody Banks 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 DTF Tax. If investors know DTF 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 DTF Tax 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 (0.50) | Dividend Share 0.39 | Earnings Share 0.04 | Revenue Per Share 0.453 | Quarterly Revenue Growth (0.33) |
The market value of DTF Tax Free is measured differently than its book value, which is the value of DTF that is recorded on the company's balance sheet. Investors also form their own opinion of DTF Tax's value that differs from its market value or its book value, called intrinsic value, which is DTF Tax'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 DTF Tax's market value can be influenced by many factors that don't directly affect DTF Tax'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 DTF Tax's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTF Tax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTF Tax'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.