Dave Financials

DAVE Stock  USD 37.14  2.43  6.14%   
Based on the measurements of operating efficiency obtained from Dave's historical financial statements, Dave Inc is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in April. At present, Dave's Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 9.9 M, whereas Short and Long Term Debt Total is forecasted to decline to about 97.2 M. Key indicators impacting Dave's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio11.3510.8142
Sufficiently Up
Pretty Stable
The financial analysis of Dave is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Dave includes many different criteria found on its balance sheet. For example, investors should never minimize Dave's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Dave's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Dave.

Net Income

(50.94 Million)

With this module, you can analyze Dave financials for your investing period. You should be able to track the changes in Dave individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Dave Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Dave's financial statements are interrelated, with each one affecting the others. For example, an increase in Dave's assets may result in an increase in income on the income statement.
Evaluating Dave's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Dave's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Dave's relative financial performance

Chance Of Distress

Less than 29

 
100  
 
Zero
Below Average
Dave Inc has less than 29 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Dave stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Dave's odds of distress score SHOULD NOT be confused with the real chance of Dave Inc filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Dave is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Dave's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Dave's official financial statements usually reflect Dave's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Dave Inc. For example, before you start analyzing numbers published by Dave accountants, it's critical to develop an understanding of what Dave's liquidity, profitability, and earnings quality are in the context of the Software space in which it operates.
Please note, the presentation of Dave's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Dave's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Dave's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Dave Inc. Please utilize our Beneish M Score to check the likelihood of Dave's management manipulating its earnings.

Dave Company Summary

Dave competes with Kingsoft Cloud, C3 Ai, Eventbrite, and Daily Journal. Dave Inc. provides a suite of financial products and services through its financial service online platform. The company was founded in 2015 and is based in West Hollywood, California. Dave is traded on NASDAQ Exchange in the United States.
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS23834J1025
CUSIP91835J108 23834J102 23834J201
LocationCalifornia; U.S.A
Business Address1265 South Cochran
SectorSoftware
IndustryInformation Technology
BenchmarkNYSE Composite
Websitedave.com
Phone(844) 857 3283
CurrencyUSD - US Dollar
You should never invest in Dave without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Dave Stock, because this is throwing your money away. Analyzing the key information contained in Dave's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Dave Key Financial Ratios

Generally speaking, Dave's financial ratios allow both analysts and investors to convert raw data from Dave's financial statements into concise, actionable information that can be used to evaluate the performance of Dave over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Dave Inc reports annually and quarterly.

Dave Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Dave's current stock value. Our valuation model uses many indicators to compare Dave value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dave competition to find correlations between indicators driving Dave's intrinsic value. More Info.
Dave Inc is rated # 5 in book value per share category among related companies. It is rated # 5 in current liabilities category among related companies creating about  2,026,231  of Current Liabilities per Book Value Per Share. At present, Dave's Non Current Liabilities Total is projected to increase significantly based on the last few years of reporting.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Dave by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dave's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Dave's earnings, one of the primary drivers of an investment's value.

Dave Inc Systematic Risk

Dave's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Dave volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Dave Inc correlated with the market. If Beta is less than 0 Dave generally moves in the opposite direction as compared to the market. If Dave Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Dave Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Dave is generally in the same direction as the market. If Beta > 1 Dave moves generally in the same direction as, but more than the movement of the benchmark.

About Dave Financials

What exactly are Dave Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Dave's income statement, its balance sheet, and the statement of cash flows. Potential Dave investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Dave investors may use each financial statement separately, they are all related. The changes in Dave's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dave's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Dave Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Dave is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Dave has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Dave's financials are consistent with your investment objective using the following steps:
  • Review Dave's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Dave's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Dave's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Dave's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in Dave Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Dave's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Dave growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0342

At present, Dave's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Dave March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Dave help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Dave Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Dave Inc based on widely used predictive technical indicators. In general, we focus on analyzing Dave Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Dave's daily price indicators and compare them against related drivers.
When determining whether Dave Inc is a strong investment it is important to analyze Dave'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 Dave's future performance. For an informed investment choice regarding Dave Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dave Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Dave Stock analysis

When running Dave's price analysis, check to measure Dave's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dave is operating at the current time. Most of Dave's value examination focuses on studying past and present price action to predict the probability of Dave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dave's price. Additionally, you may evaluate how the addition of Dave to your portfolios can decrease your overall portfolio volatility.
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Is Dave's industry 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 Dave. If investors know Dave 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 Dave listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.07)
Revenue Per Share
21.709
Quarterly Revenue Growth
0.225
Return On Assets
(0.09)
Return On Equity
(0.50)
The market value of Dave Inc is measured differently than its book value, which is the value of Dave that is recorded on the company's balance sheet. Investors also form their own opinion of Dave's value that differs from its market value or its book value, called intrinsic value, which is Dave'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 Dave's market value can be influenced by many factors that don't directly affect Dave'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 Dave's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dave is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dave'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.