Dime Free Cash Flow vs Invested Capital Analysis
| DCOM Stock | USD 17.73 0.28 1.55% |
Dime Community financial indicator trend analysis is much more than just examining Dime Community Bancshares latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dime Community Bancshares is a good investment. Please check the relationship between Dime Community Free Cash Flow and its Invested Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dime Community Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
Free Cash Flow vs Invested Capital
Free Cash Flow vs Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dime Community Bancshares Free Cash Flow account and Invested Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Dime Community's Free Cash Flow and Invested Capital is -0.52. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Invested Capital in the same time period over historical financial statements of Dime Community Bancshares, assuming nothing else is changed. The correlation between historical values of Dime Community's Free Cash Flow and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Dime Community Bancshares are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Free Cash Flow i.e., Dime Community's Free Cash Flow and Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.52 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Dime Community Bancshares. There are two different methods for calculating Dime Community Bancshares invested capital: operating approach and financing approach. Understanding Dime Community invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Most indicators from Dime Community's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dime Community Bancshares 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 Dime Community Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. At this time, Dime Community's Selling General Administrative is very stable compared to the past year. As of the 18th of April 2024, Issuance Of Capital Stock is likely to grow to 0.00, while Tax Provision is likely to drop about 39 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 27.0M | 59.4M | 292.8M | 307.4M | Depreciation And Amortization | 2.6M | 1.9M | 7.5M | 7.8M |
Dime Community fundamental ratios Correlations
Click cells to compare fundamentals
Dime Community Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dime Community fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 6.4B | 6.4B | 12.1B | 13.2B | 13.6B | 14.3B | |
| Short Long Term Debt Total | 1.4B | 340.8M | 290.1M | 1.4B | 1.6B | 846.5M | |
| Total Current Liabilities | 46.0M | 46.7M | 1.9M | 1.4M | 6.0B | 6.3B | |
| Total Stockholder Equity | 596.8M | 517.8M | 1.2B | 1.2B | 1.2B | 1.3B | |
| Property Plant And Equipment Net | 59.6M | 78.9M | 114.6M | 104.6M | 97.6M | 102.5M | |
| Net Debt | 1.2B | (536.1M) | (103.7M) | 1.2B | 1.1B | 713.7M | |
| Retained Earnings | 581.8M | 172.1M | 654.7M | 762.8M | 813.0M | 853.7M | |
| Cash | 155.5M | 876.8M | 393.7M | 169.3M | 457.5M | 480.4M | |
| Non Current Assets Total | 672.1M | 724.3M | 2.0B | 1.8B | 313.9M | 456.3M | |
| Non Currrent Assets Other | (672.1M) | (724.3M) | (20.4M) | (95.8M) | (1.5B) | (1.4B) | |
| Cash And Short Term Investments | 706.5M | 1.3B | 2.0B | 1.1B | 1.3B | 1.4B | |
| Common Stock Shares Outstanding | 19.6M | 21.5M | 38.9M | 38.5M | 38.2M | 29.0M | |
| Liabilities And Stockholders Equity | 6.4B | 6.4B | 12.1B | 13.2B | 13.6B | 14.3B | |
| Non Current Liabilities Total | 1.4B | 340.8M | 288.2M | 1.4M | 1.6B | 2.6B | |
| Other Current Assets | 139.1M | 278.4M | 434.4M | 223.3M | 514.1M | 488.4M | |
| Other Stockholder Equity | 20.3M | 239.1M | 427.1M | 384.2M | 387.8M | 407.2M | |
| Total Liab | 1.4B | 340.8M | 10.9B | 12.0B | 1.6B | 1.5B | |
| Property Plant And Equipment Gross | 59.6M | 78.9M | 114.6M | 104.6M | 138.9M | 145.9M | |
| Total Current Assets | 706.5M | 1.3B | 2.0B | 1.2B | 1.4B | 1.5B | |
| Short Term Debt | 46.0M | 46.7M | 1.9M | 1.4M | 1.3B | 1.3B | |
| Other Current Liab | 5.6B | 5.6B | (1.9M) | (1.4M) | 4.7B | 3.1B | |
| Other Liab | 38.3M | 40.1M | 84.0M | 82.6M | 74.3M | 40.1M | |
| Accounts Payable | 4.3B | 4.5B | 10.5B | 10.3B | 11.8B | 12.4B | |
| Other Assets | 5.0B | 4.4B | 8.0B | 10.2B | 11.9B | 12.5B | |
| Long Term Debt | 223.9M | 294.1M | 222.1M | 1.3B | 1.5B | 1.6B | |
| Short Term Investments | 551.0M | 450.4M | 1.6B | 950.6M | 886.2M | 930.6M | |
| Inventory | (150.0M) | (278.4M) | (434.4M) | (223.3M) | (514.1M) | (488.4M) | |
| Intangible Assets | 3.7M | 3.4M | 8.4M | 6.5M | 5.1M | 4.8M | |
| Property Plant Equipment | 22.2M | 53.0M | 114.6M | 104.6M | 120.3M | 126.3M | |
| Accumulated Other Comprehensive Income | (5.9M) | (10.1M) | (6.2M) | (90.2M) | (91.6M) | (87.0M) | |
| Net Tangible Assets | 541.1M | 528.9M | 911.9M | 890.7M | 1.0B | 580.8M | |
| Long Term Investments | 5.9B | 536.1M | 1.7B | 1.5B | 1.5B | 2.9B |
Pair Trading with Dime Community
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 Dime Community 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 Dime Community will appreciate offsetting losses from the drop in the long position's value.Moving together with Dime Stock
| 0.69 | AX | Axos Financial Financial Report 25th of April 2024 | PairCorr |
| 0.9 | BY | Byline Bancorp Report 25th of April 2024 | PairCorr |
| 0.65 | PB | Prosperity Bancshares Earnings Call This Week | PairCorr |
Moving against Dime Stock
| 0.85 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.83 | WF | Woori Financial Group Earnings Call Today | PairCorr |
| 0.72 | TFC-PI | Truist Financial | PairCorr |
| 0.69 | VBFC | Village Bank | PairCorr |
| 0.66 | TECTP | Tectonic Financial | PairCorr |
The ability to find closely correlated positions to Dime Community could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dime Community 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 Dime Community - 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 Dime Community Bancshares to buy it.
The correlation of Dime Community 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 Dime Community moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dime Community Bancshares 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 Dime Community 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dime Community Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Dime Stock analysis
When running Dime Community's price analysis, check to measure Dime Community'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 Dime Community is operating at the current time. Most of Dime Community's value examination focuses on studying past and present price action to predict the probability of Dime Community's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dime Community's price. Additionally, you may evaluate how the addition of Dime Community to your portfolios can decrease your overall portfolio volatility.
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Is Dime Community'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 Dime Community. If investors know Dime 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 Dime Community 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 (0.63) | Dividend Share 0.99 | Earnings Share 2.29 | Revenue Per Share 9.165 | Quarterly Revenue Growth (0.25) |
The market value of Dime Community Bancshares is measured differently than its book value, which is the value of Dime that is recorded on the company's balance sheet. Investors also form their own opinion of Dime Community's value that differs from its market value or its book value, called intrinsic value, which is Dime Community'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 Dime Community's market value can be influenced by many factors that don't directly affect Dime Community'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 Dime Community's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dime Community is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dime Community'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.