Dana Net Income from 2010 to 2024
| DAN Stock | USD 11.88 0.01 0.08% |
Net Income | First Reported 1985-09-30 | Previous Quarter 19 M | Current Value -39 M | Quarterly Volatility 194.9 M |
Check Dana financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dana main balance sheet or income statement drivers, such as Depreciation And Amortization of 278.4 M, Interest Expense of 161.7 M or Selling General Administrative of 453.1 M, as well as many exotic indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0477 or PTB Ratio of 1.06. Dana financial statements analysis is a perfect complement when working with Dana Valuation or Volatility modules.
Dana | Net Income |
Latest Dana's Net Income Growth Pattern
Below is the plot of the Net Income of Dana Inc over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Dana Inc financial statement analysis. It represents the amount of money remaining after all of Dana Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Dana's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dana's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 48 M | 10 Years Trend |
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Net Income |
| Timeline |
Dana Net Income Regression Statistics
| Arithmetic Mean | 180,097,402 | |
| Geometric Mean | 179,603,296 | |
| Coefficient Of Variation | 121.19 | |
| Mean Deviation | 150,829,438 | |
| Median | 197,000,000 | |
| Standard Deviation | 218,257,769 | |
| Sample Variance | 47636.5T | |
| Range | 955M | |
| R-Value | (0.47) | |
| Mean Square Error | 39846.1T | |
| R-Squared | 0.22 | |
| Significance | 0.08 | |
| Slope | (23,061,331) | |
| Total Sum of Squares | 666910.4T |
Dana Net Income History
Other Fundumenentals of Dana Inc
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Dana Net Income component correlations
About Dana Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Dana income statement, its balance sheet, and the statement of cash flows. Dana investors use historical funamental indicators, such as Dana's Net Income, to determine how well the company is positioned to perform in the future. Although Dana investors may use each financial statement separately, they are all related. The changes in Dana's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dana'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. We offer a historical overview of the basic patterns found on Dana Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dana. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Income | 48 M | 59 M | |
| Net Loss | -217.8 M | -206.9 M | |
| Net Income From Continuing Ops | 48 M | 45.6 M | |
| Net Income Per Share | 0.26 | 0.37 | |
| Net Income Per E B T | 0.21 | 0.20 |
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
| 0.7 | VC | Visteon Corp Earnings Call This Week | PairCorr |
| 0.68 | EGOX | NexteGO NV Ordinary | PairCorr |
Moving against Dana Stock
| 0.68 | MOD | Modine Manufacturing Downward Rally | PairCorr |
| 0.64 | TM | Toyota Motor Financial Report 8th of May 2024 | PairCorr |
| 0.6 | DIBS | 1StdibsCom Financial Report 8th of May 2024 | PairCorr |
| 0.56 | M | Macys Inc Financial Report 6th of June 2024 | PairCorr |
| 0.51 | W | Wayfair Financial Report 2nd of May 2024 | PairCorr |
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.Check out the analysis of Dana Correlation against competitors. Note that the Dana Inc information on this page should be used as a complementary analysis to other Dana's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Dana Stock analysis
When running Dana's price analysis, check to measure Dana'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 Dana is operating at the current time. Most of Dana's value examination focuses on studying past and present price action to predict the probability of Dana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dana's price. Additionally, you may evaluate how the addition of Dana to your portfolios can decrease your overall portfolio volatility.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
Is Dana'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 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 2.727 | Dividend Share 0.4 | Earnings Share 0.26 | Revenue Per Share 73.096 | Quarterly Revenue Growth (0.02) |
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.