Dana Historical Balance Sheet

DAN Stock  USD 8.28  0.32  4.02%   
Trend analysis of Dana Inc balance sheet accounts such as Other Current Liabilities of 504.9 M or Total Current Liabilities of 2.2 B provides information on Dana's total assets, liabilities, and equity, which is the actual value of Dana Inc to its prevalent stockholders. By breaking down trends over time using Dana balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Dana Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Dana Inc is a good buy for the upcoming year.

Dana Inventory

1.03 Billion

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dana Inc. 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.

About Dana Balance Sheet Analysis

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

Dana Balance Sheet Chart

At this time, Dana's Intangible Assets are very stable compared to the past year. As of the 22nd of November 2024, Other Assets is likely to grow to about 510.1 M, while Total Assets are likely to drop about 6.9 B.

Total Assets

Total assets refers to the total amount of Dana assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Dana Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Dana balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Dana Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most accounts from Dana's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Dana Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Dana Inc. 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.
At this time, Dana's Intangible Assets are very stable compared to the past year. As of the 22nd of November 2024, Other Assets is likely to grow to about 510.1 M, while Total Assets are likely to drop about 6.9 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total2.7B2.7B3.0B2.3B
Total Assets7.6B7.4B8.0B6.9B

Dana balance sheet Correlations

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Click cells to compare fundamentals

Dana Account Relationship Matchups

Dana balance sheet Accounts

201920202021202220232024 (projected)
Total Assets7.2B7.4B7.6B7.4B8.0B6.9B
Short Long Term Debt Total2.6B2.7B2.7B2.7B3.0B2.3B
Other Current Liab508M455M516M491M512M504.9M
Total Current Liabilities1.8B1.9B2.2B2.5B2.6B2.2B
Total Stockholder Equity1.9B1.8B1.9B1.6B1.6B1.5B
Property Plant And Equipment Net2.4B2.4B2.4B2.5B2.6B2.0B
Net Debt2.0B2.1B2.4B2.3B2.5B1.3B
Retained Earnings622M530M662M321M317M623.5M
Cash508M559M268M425M529M530.5M
Non Current Assets Total4.1B4.1B4.0B3.6B3.9B3.8B
Cash And Short Term Investments527M580M285M425M529M566.1M
Net Receivables1.3B1.4B1.5B1.6B1.4B1.3B
Common Stock Shares Outstanding145.1M144.5M146.2M143.6M144.6M149.5M
Liabilities And Stockholders Equity7.2B7.4B7.6B7.4B8.0B6.9B
Non Current Liabilities Total3.2B3.4B3.3B3.2B3.5B3.0B
Inventory1.2B1.1B1.6B1.6B1.7B1.0B
Other Current Assets137M127M196M219M527M553.4M
Other Stockholder Equity2.2B2.3B2.2B2.2B2.2B1.3B
Total Liab5.1B5.4B5.5B5.7B6.1B5.3B
Property Plant And Equipment Gross2.4B2.4B2.4B2.5B5.8B6.1B
Total Current Assets3.2B3.3B3.6B3.8B4.1B3.2B
Accumulated Other Comprehensive Income(987M)(1.0B)(985M)(1.0B)(990M)(1.0B)
Short Term Debt76M120M74M96M141M134.0M
Intangible Assets240M236M233M201M182M268.7M
Other Assets700M1.1B711M520M468M510.1M
Accounts Payable1.3B1.3B1.6B1.8B1.8B1.0B
Short Term Investments40M21M19M17M15.3M14.5M
Other Liab693M847M690M536M482.4M458.3M
Long Term Debt2.3B2.4B2.4B2.3B2.6B1.8B
Good Will493M479M482M259M263M266.3M
Property Plant Equipment2.3B2.4B2.4B2.5B2.3B1.5B
Treasury Stock(119M)(150M)(156M)(184M)(165.6M)(157.3M)
Net Tangible Assets1.3B1.2B1.4B1.7B2.0B1.1B
Noncontrolling Interest In Consolidated Entity95M76M53M52M46.8M71.5M

Pair Trading with Dana

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

Moving together with Dana Stock

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Moving against Dana Stock

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  0.34ZK ZEEKR IntelligentPairCorr
The ability to find closely correlated positions to Dana could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dana 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 Dana - 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 Dana Inc to buy it.
The correlation of Dana 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 Dana moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dana Inc 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 Dana 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
When determining whether Dana Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dana's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dana Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dana Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dana Inc. 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.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Automotive Parts & Equipment 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 Dana. If investors know Dana 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 Dana 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
(0.79)
Dividend Share
0.4
Earnings Share
(0.11)
Revenue Per Share
72.058
Quarterly Revenue Growth
(0.07)
The market value of Dana Inc is measured differently than its book value, which is the value of Dana that is recorded on the company's balance sheet. Investors also form their own opinion of Dana's value that differs from its market value or its book value, called intrinsic value, which is Dana'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 Dana's market value can be influenced by many factors that don't directly affect Dana'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 Dana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dana'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.