DTF Historical Income Statement
| DTF Stock | USD 10.92 0.01 0.09% |
Historical analysis of DTF Tax income statement accounts such as Total Revenue of 3.7 M or Gross Profit of 3.4 M can show how well DTF Tax Free performed in making a profits. Evaluating DTF Tax income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of DTF Tax's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining DTF Tax Free 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 DTF Tax Free is a good buy for the upcoming year.
DTF |
About DTF Income Statement Analysis
DTF Tax Free Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to DTF Tax shareholders. The income statement also shows DTF investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
DTF Tax Income Statement Chart
DTF Tax Free Income Statement is one of the three primary financial statements used for reporting DTF's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of DTF Tax Free revenue and expense. DTF Tax Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, DTF Tax's Gross Profit is most likely to decrease significantly in the upcoming years. The DTF Tax's current Operating Income is estimated to increase to about 3.1 M, while Net Income From Continuing Ops is projected to decrease to roughly 1.8 M. Add Fundamental
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most accounts from DTF Tax's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into DTF Tax Free current financial condition. On the other hand, looking into the entire matrix of income statement 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 DTF Tax Free. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At this time, DTF Tax's Gross Profit is most likely to decrease significantly in the upcoming years. The DTF Tax's current Operating Income is estimated to increase to about 3.1 M, while Net Income From Continuing Ops is projected to decrease to roughly 1.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 5.4M | 3.9M | 3.5M | 5.0M | Net Interest Income | 3.7M | 2.6M | 2.4M | 3.8M |
DTF Tax income statement Correlations
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DTF Tax Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DTF Tax income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 1.4M | 1.0M | 1.7M | 1.3M | 1.5M | 929.6K | |
| Selling General Administrative | 584.0K | 782.9K | 480.9K | 458.3K | 412.4K | 614.9K | |
| Total Revenue | 5.1M | 3.8M | (22.2M) | 3.6M | 3.2M | 3.7M | |
| Gross Profit | 5.1M | 3.8M | (22.2M) | 3.6M | 3.2M | 3.4M | |
| Operating Income | 4.4M | 2.9M | (21.0M) | 3.1M | 2.8M | 3.1M | |
| Net Income From Continuing Ops | 4.4M | 2.9M | (22.7M) | 3.1M | 2.8M | 1.8M | |
| Ebit | 4.4M | 2.9M | (21.0M) | 3.1M | 2.8M | 3.0M | |
| Cost Of Revenue | 1.3M | 1.4M | 1.1M | 868.1K | 998.3K | 886.9K | |
| Total Operating Expenses | 615.5K | 865.6K | 517.4K | 499.5K | 574.4K | 760.4K | |
| Income Before Tax | 4.4M | 2.9M | (22.7M) | 3.1M | 2.8M | 3.1M | |
| Total Other Income Expense Net | (1.4M) | (1.0M) | (1.7M) | (1.3M) | (1.5M) | (1.6M) | |
| Net Income Applicable To Common Shares | 14.3M | 4.4M | 2.9M | (22.7M) | (20.5M) | (19.4M) | |
| Net Income | 4.4M | 2.9M | (22.7M) | 3.1M | 2.8M | 1.8M | |
| Income Tax Expense | 3.8M | 3.0M | 4.1M | 1.6M | 1.8M | 1.3M | |
| Other Operating Expenses | 615.5K | 865.6K | 517.4K | 499.5K | 574.4K | 511.3K | |
| Net Interest Income | 5.4M | 4.8M | 3.7M | 2.6M | 2.4M | 3.8M | |
| Interest Income | 6.8M | 5.8M | 5.4M | 3.9M | 3.5M | 5.0M | |
| Ebitda | 4.4M | 2.9M | (21.0M) | 3.1M | 2.8M | 2.9M | |
| Depreciation And Amortization | (5.2M) | (4.0M) | (4.1M) | (2.8M) | (3.3M) | (3.4M) |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DTF Tax in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DTF Tax's short interest history, or implied volatility extrapolated from DTF Tax options trading.
Pair Trading with DTF Tax
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 DTF Tax 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 DTF Tax will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to DTF Tax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DTF Tax 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 DTF Tax - 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 DTF Tax Free to buy it.
The correlation of DTF Tax 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 DTF Tax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DTF Tax Free 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 DTF Tax 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 DTF Tax Free. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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When running DTF Tax's price analysis, check to measure DTF Tax'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 DTF Tax is operating at the current time. Most of DTF Tax's value examination focuses on studying past and present price action to predict the probability of DTF Tax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DTF Tax's price. Additionally, you may evaluate how the addition of DTF Tax to your portfolios can decrease your overall portfolio volatility.
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Is DTF Tax'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 DTF Tax. If investors know DTF 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 DTF Tax 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 0.536 | Dividend Share 0.39 | Earnings Share 0.44 | Revenue Per Share 0.559 | Quarterly Revenue Growth (0.37) |
The market value of DTF Tax Free is measured differently than its book value, which is the value of DTF that is recorded on the company's balance sheet. Investors also form their own opinion of DTF Tax's value that differs from its market value or its book value, called intrinsic value, which is DTF Tax'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 DTF Tax's market value can be influenced by many factors that don't directly affect DTF Tax'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 DTF Tax's value and its price as these two are different measures arrived at by different means. Investors typically determine if DTF Tax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DTF Tax'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.