Dynavax Other Operating Expenses vs Income Before Tax Analysis

DVAX Stock  USD 12.36  0.19  1.56%   
Dynavax Technologies financial indicator trend analysis is much more than just examining Dynavax Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dynavax Technologies is a good investment. Please check the relationship between Dynavax Technologies Other Operating Expenses and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynavax Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Dynavax Stock please use our How to Invest in Dynavax Technologies guide.

Other Operating Expenses vs Income Before Tax

Other Operating Expenses vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dynavax Technologies Other Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dynavax Technologies' Other Operating Expenses and Income Before Tax is 0.76. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Dynavax Technologies, assuming nothing else is changed. The correlation between historical values of Dynavax Technologies' Other Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Dynavax Technologies are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Other Operating Expenses i.e., Dynavax Technologies' Other Operating Expenses and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Dynavax Technologies. It is also known as Dynavax Technologies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Dynavax Technologies income statement and is an important metric when analyzing Dynavax Technologies profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Dynavax Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dynavax Technologies 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 Dynavax Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Dynavax Stock please use our How to Invest in Dynavax Technologies guide.At this time, Dynavax Technologies' Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 207.08 in 2024, whereas Tax Provision is likely to drop slightly above 945.2 K in 2024.
 2023 2024 (projected)
Interest Income26.8M28.1M
Non Recurring15.4M16.1M

Dynavax Technologies fundamental ratios Correlations

0.85-0.49-0.220.930.810.860.740.610.130.830.80.640.190.910.920.620.110.840.740.970.220.870.880.970.84
0.85-0.21-0.240.740.670.480.370.170.040.490.960.230.210.610.710.20.180.480.360.940.250.650.740.930.59
-0.49-0.210.48-0.73-0.87-0.63-0.53-0.46-0.67-0.45-0.26-0.420.02-0.74-0.7-0.39-0.36-0.57-0.49-0.390.01-0.6-0.64-0.41-0.41
-0.22-0.240.48-0.25-0.49-0.14-0.17-0.18-0.27-0.21-0.2-0.16-0.41-0.28-0.22-0.160.08-0.18-0.16-0.22-0.410.01-0.19-0.21-0.14
0.930.74-0.73-0.250.930.860.740.560.330.740.730.60.080.940.980.530.320.830.720.870.110.910.910.880.8
0.810.67-0.87-0.490.930.720.580.430.530.590.690.430.080.880.890.40.370.670.550.770.110.790.870.790.6
0.860.48-0.63-0.140.860.720.890.870.190.930.430.860.120.950.860.850.010.950.90.730.130.850.770.750.84
0.740.37-0.53-0.170.740.580.890.910.10.930.230.930.090.790.690.86-0.260.970.990.580.090.610.510.570.94
0.610.17-0.46-0.180.560.430.870.91-0.040.930.030.980.130.730.550.99-0.440.90.930.440.130.470.380.430.77
0.130.04-0.67-0.270.330.530.190.1-0.04-0.010.17-0.13-0.080.360.28-0.10.540.080.020.12-0.060.350.430.14-0.03
0.830.49-0.45-0.210.740.590.930.930.93-0.010.360.940.120.850.710.93-0.340.950.940.720.130.650.580.70.88
0.80.96-0.26-0.20.730.690.430.230.030.170.360.080.20.590.720.070.40.360.220.910.240.710.810.910.44
0.640.23-0.42-0.160.60.430.860.930.98-0.130.940.080.140.720.580.97-0.440.920.960.480.130.480.380.460.84
0.190.210.02-0.410.080.080.120.090.13-0.080.120.20.140.090.120.15-0.010.150.160.21.00.010.090.190.19
0.910.61-0.74-0.280.940.880.950.790.730.360.850.590.720.090.930.720.150.880.790.820.110.890.890.830.77
0.920.71-0.7-0.220.980.890.860.690.550.280.710.720.580.120.930.540.370.810.690.850.150.930.940.870.76
0.620.2-0.39-0.160.530.40.850.860.99-0.10.930.070.970.150.720.54-0.470.860.890.470.160.470.380.460.73
0.110.18-0.360.080.320.370.01-0.26-0.440.54-0.340.4-0.44-0.010.150.37-0.47-0.13-0.270.150.010.470.510.2-0.14
0.840.48-0.57-0.180.830.670.950.970.90.080.950.360.920.150.880.810.86-0.130.980.690.160.730.650.690.95
0.740.36-0.49-0.160.720.550.90.990.930.020.940.220.960.160.790.690.89-0.270.980.580.160.60.510.570.94
0.970.94-0.39-0.220.870.770.730.580.440.120.720.910.480.20.820.850.470.150.690.580.230.820.861.00.72
0.220.250.01-0.410.110.110.130.090.13-0.060.130.240.131.00.110.150.160.010.160.160.230.040.120.220.19
0.870.65-0.60.010.910.790.850.610.470.350.650.710.480.010.890.930.470.470.730.60.820.040.960.850.67
0.880.74-0.64-0.190.910.870.770.510.380.430.580.810.380.090.890.940.380.510.650.510.860.120.960.890.59
0.970.93-0.41-0.210.880.790.750.570.430.140.70.910.460.190.830.870.460.20.690.571.00.220.850.890.71
0.840.59-0.41-0.140.80.60.840.940.77-0.030.880.440.840.190.770.760.73-0.140.950.940.720.190.670.590.71
Click cells to compare fundamentals

Dynavax Technologies Account Relationship Matchups

Dynavax Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets279.1M353.3M1.0B985.9M997.1M1.0B
Total Stockholder Equity8.3M58.7M222.4M581.0M622.1M653.2M
Retained Earnings(1.2B)(1.3B)(1.2B)(924.2M)(930.6M)(884.1M)
Other Assets3.6M3.8M368.9K3.5M3.2M3.0M
Common Stock Shares Outstanding72.0M100.8M133.0M150.8M128.7M135.2M
Liabilities And Stockholders Equity279.1M353.3M1.0B985.9M997.1M1.0B
Other Stockholder Equity1.2B1.4B1.4B1.5B1.6B1.6B
Total Liab270.8M294.6M816.9M404.8M375.0M393.8M
Other Current Liab43.8M32.6M201.4M143.2M52.5M30.8M
Total Current Liabilities53.0M77.4M556.4M150.1M62.2M58.2M
Accounts Payable9.3M3.3M2.6M3.2M5.2M3.1M
Cash39.9M32.1M436.2M202.0M150.3M157.8M
Short Term Investments111.2M133.0M109.8M422.4M592.0M621.6M
Other Current Assets(8.9M)38.6M233.4M85.6M19.0M21.4M
Common Stock84K110K123K128K130K83.9K
Property Plant Equipment32.0M30.6M61.0M37.6M43.2M45.4M
Property Plant And Equipment Net32.0M57.2M61.0M63.3M61.6M64.7M
Net Debt176.6M185.8M(178.8M)56.0M106.6M112.0M
Non Current Assets Total86.7M124.5M432.0M302.0M138.0M144.9M
Non Currrent Assets Other50.1M65.1M368.9M236.7M74.3M46.8M
Cash And Short Term Investments151.1M165.0M546.0M624.4M742.3M779.4M
Common Stock Total Equity84K110K123K128K147.2K85.0K
Non Current Liabilities Total217.7M217.2M260.5M254.8M312.8M328.5M
Property Plant And Equipment Gross62.3M57.2M61.0M63.3M93.4M98.1M
Total Current Assets192.4M228.7M607.3M683.8M859.1M902.1M
Accumulated Other Comprehensive Income(2.4M)273K(2.3M)(5.4M)(2.1M)(2.2M)
Net Receivables8.9M22.7M131.8M147.5M44.5M46.8M
Other Liab1.3M2.6M5.7M384K345.6K328.3K
Good Will2.1M2.3M2.1M2.0M2.1M1.8M
Inventory41.3M63.7M61.3M59.4M53.3M56.0M
Short Long Term Debt Total216.4M217.8M257.4M258.0M256.9M148.9M
Long Term Debt178.6M179.8M220.5M221.6M222.7M233.8M
Net Tangible Assets3.7M56.4M220.2M579.0M665.9M699.2M
Retained Earnings Total Equity(1.2B)(1.3B)(1.2B)(924.2M)(831.8M)(873.4M)
Capital Surpluse1.2B1.4B1.4B1.5B1.7B1.1B
Non Current Liabilities Other39.1M37.4M5.7M33.2M74K70.3K

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