Dow Net Invested Capital vs Net Debt Analysis
DOW Stock | USD 56.83 0.40 0.70% |
Dow financial indicator trend analysis is much more than just examining Dow Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dow Inc is a good investment. Please check the relationship between Dow Net Invested Capital and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dow 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 persons.
Net Invested Capital vs Net Debt
Net Invested Capital vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dow Inc Net Invested Capital account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dow's Net Invested Capital and Net Debt is 0.48. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Debt in the same time period over historical financial statements of Dow Inc, assuming nothing else is changed. The correlation between historical values of Dow's Net Invested Capital and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Dow Inc are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Invested Capital i.e., Dow's Net Invested Capital and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Dow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dow Inc 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 Dow 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 persons. At this time, Dow's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 187.2 M in 2024, despite the fact that Tax Provision is likely to grow to (3.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.8B | 8.6B | 4.9B | 6.7B | Total Revenue | 55.0B | 56.9B | 44.6B | 40.4B |
Dow fundamental ratios Correlations
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Dow Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dow fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 60.5B | 61.5B | 63.0B | 60.6B | 58.0B | 54.5B | |
Total Current Liabilities | 10.7B | 11.1B | 13.2B | 11.3B | 10.0B | 9.8B | |
Total Stockholder Equity | 13.5B | 12.4B | 18.2B | 20.7B | 18.6B | 17.2B | |
Net Tangible Assets | 986M | 175M | 6.5B | 9.6B | 11.1B | 8.1B | |
Retained Earnings | 17.0B | 16.4B | 20.6B | 23.2B | 21.8B | 24.4B | |
Accounts Payable | 3.9B | 3.8B | 5.6B | 4.9B | 4.5B | 6.3B | |
Cash | 2.4B | 5.1B | 3.0B | 3.9B | 3.0B | 3.9B | |
Non Current Assets Total | 43.7B | 42.4B | 42.1B | 40.1B | 40.4B | 36.6B | |
Non Currrent Assets Other | 1.9B | 1.7B | 1.9B | 2.0B | 1.8B | 1.3B | |
Cash And Short Term Investments | 2.4B | 5.1B | 3.0B | 3.9B | 3.0B | 3.9B | |
Net Receivables | 7.6B | 7.4B | 9.6B | 7.8B | 6.6B | 7.6B | |
Good Will | 8.8B | 8.9B | 8.8B | 8.6B | 8.6B | 9.4B | |
Long Term Debt Total | 16.0B | 16.5B | 14.3B | 14.7B | 13.2B | 14.1B | |
Liabilities And Stockholders Equity | 60.5B | 61.5B | 63.0B | 60.6B | 58.0B | 54.5B | |
Non Current Liabilities Total | 35.8B | 37.4B | 31.0B | 28.0B | 28.9B | 24.8B | |
Capital Surpluse | 7.3B | 7.6B | 8.2B | 8.5B | 9.8B | 5.8B | |
Inventory | 6.2B | 5.7B | 7.4B | 7.0B | 6.1B | 5.9B | |
Other Stockholder Equity | 6.7B | 6.9B | 6.5B | 4.7B | 4.5B | 4.7B | |
Total Liab | 46.4B | 48.5B | 44.3B | 39.4B | 38.9B | 34.6B | |
Deferred Long Term Liab | 789M | 1.2B | 1.5B | 1.3B | 1.5B | 1.1B | |
Long Term Investments | 4.0B | 4.1B | 5.2B | 4.4B | 4.0B | 4.9B | |
Property Plant And Equipment Gross | 23.1B | 22.1B | 59.0B | 59.3B | 61.5B | 37.5B | |
Total Current Assets | 16.8B | 19.1B | 20.8B | 20.5B | 17.6B | 17.9B | |
Non Current Liabilities Other | 6.5B | 7.3B | 7.5B | 7.4B | 7.6B | 9.9B | |
Short Term Debt | 1.4B | 1.0B | 706M | 1.0B | 508M | 482.6M | |
Intangible Assets | 3.8B | 3.4B | 2.9B | 2.4B | 2.1B | 3.4B | |
Property Plant Equipment | 23.1B | 22.1B | 22.0B | 21.7B | 24.9B | 22.3B | |
Short Term Investments | 21M | 45M | 245M | 939M | 1.7B | 1.8B | |
Other Current Assets | 658M | 889M | 934M | 1.8B | 1.9B | 2.0B | |
Other Liab | 17.9B | 19.2B | 15.6B | 12.3B | 11.1B | 12.8B | |
Long Term Debt | 15.6B | 16.5B | 14.3B | 14.7B | 14.0B | 13.6B | |
Short Long Term Debt | 1.0B | 616M | 392M | 724M | 179M | 170.1M |
Pair Trading with Dow
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 Dow 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 Dow will appreciate offsetting losses from the drop in the long position's value.Moving together with Dow Stock
0.7 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
0.86 | CE | Celanese Earnings Call This Week | PairCorr |
0.86 | BAK | Braskem SA Class Earnings Call This Week | PairCorr |
Moving against Dow Stock
0.87 | NC | NACCO Industries | PairCorr |
0.58 | X | United States Steel | PairCorr |
The ability to find closely correlated positions to Dow could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dow 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 Dow - 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 Dow Inc to buy it.
The correlation of Dow 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 Dow moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dow 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 Dow 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 Dow 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 persons. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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When running Dow's price analysis, check to measure Dow'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 Dow is operating at the current time. Most of Dow's value examination focuses on studying past and present price action to predict the probability of Dow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dow's price. Additionally, you may evaluate how the addition of Dow to your portfolios can decrease your overall portfolio volatility.
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Is Dow'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 Dow. If investors know Dow 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 Dow 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 (0.59) | Dividend Share 2.8 | Earnings Share 1.68 | Revenue Per Share 61.773 | Quarterly Revenue Growth (0.09) |
The market value of Dow Inc is measured differently than its book value, which is the value of Dow that is recorded on the company's balance sheet. Investors also form their own opinion of Dow's value that differs from its market value or its book value, called intrinsic value, which is Dow'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 Dow's market value can be influenced by many factors that don't directly affect Dow'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 Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dow'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.