Dynavax Depreciation And Amortization vs Total Revenue Analysis

DVAX Stock  USD 11.21  0.04  0.36%   
Dynavax Technologies financial indicator trend analysis is much more than just examining Dynavax Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dynavax Technologies is a good investment. Please check the relationship between Dynavax Technologies Depreciation And Amortization and its Total Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynavax Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Dynavax Stock please use our How to Invest in Dynavax Technologies guide.

Depreciation And Amortization vs Total Revenue

Depreciation And Amortization vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dynavax Technologies Depreciation And Amortization account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dynavax Technologies' Depreciation And Amortization and Total Revenue is 0.62. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Dynavax Technologies, assuming nothing else is changed. The correlation between historical values of Dynavax Technologies' Depreciation And Amortization and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Dynavax Technologies are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Depreciation And Amortization i.e., Dynavax Technologies' Depreciation And Amortization and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Dynavax Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Dynavax Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dynavax Technologies 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 Dynavax Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Dynavax Stock please use our How to Invest in Dynavax Technologies guide.At this time, Dynavax Technologies' Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 95.41 in 2024, whereas Tax Provision is likely to drop slightly above 945.2 K in 2024.
 2023 2024 (projected)
Interest Income26.8M28.1M
Non Recurring15.4M16.1M

Dynavax Technologies fundamental ratios Correlations

0.85-0.49-0.220.930.810.860.560.610.130.830.8-0.060.190.910.920.620.110.840.740.970.220.870.880.970.84
0.85-0.21-0.240.740.670.480.170.170.040.490.960.370.210.610.710.20.180.480.360.940.250.650.740.930.59
-0.49-0.210.48-0.73-0.87-0.63-0.48-0.46-0.67-0.45-0.260.260.02-0.74-0.7-0.39-0.36-0.57-0.49-0.390.01-0.6-0.64-0.41-0.41
-0.22-0.240.48-0.25-0.49-0.14-0.15-0.18-0.27-0.21-0.20.08-0.41-0.28-0.22-0.160.08-0.18-0.16-0.22-0.410.01-0.19-0.21-0.14
0.930.74-0.73-0.250.930.860.580.560.330.740.73-0.020.080.940.980.530.320.830.720.870.110.910.910.880.8
0.810.67-0.87-0.490.930.720.440.430.530.590.69-0.020.080.880.890.40.370.670.550.770.110.790.870.790.6
0.860.48-0.63-0.140.860.720.780.870.190.930.43-0.450.120.950.860.850.010.950.90.730.130.850.770.750.84
0.560.17-0.48-0.150.580.440.780.90.040.840.0-0.410.060.650.530.82-0.340.910.960.380.050.430.310.360.87
0.610.17-0.46-0.180.560.430.870.9-0.040.930.03-0.710.130.730.550.99-0.440.90.930.440.130.470.380.430.77
0.130.04-0.67-0.270.330.530.190.04-0.04-0.010.170.05-0.080.360.28-0.10.540.080.020.12-0.060.350.430.14-0.03
0.830.49-0.45-0.210.740.590.930.840.93-0.010.36-0.480.120.850.710.93-0.340.950.940.720.130.650.580.70.88
0.80.96-0.26-0.20.730.690.430.00.030.170.360.40.20.590.720.070.40.360.220.910.240.710.810.910.44
-0.060.370.260.08-0.02-0.02-0.45-0.41-0.710.05-0.480.4-0.03-0.32-0.07-0.740.47-0.36-0.420.09-0.02-0.050.00.08-0.11
0.190.210.02-0.410.080.080.120.060.13-0.080.120.2-0.030.090.120.15-0.010.150.150.21.00.010.090.190.19
0.910.61-0.74-0.280.940.880.950.650.730.360.850.59-0.320.090.930.720.150.880.790.820.110.890.890.830.77
0.920.71-0.7-0.220.980.890.860.530.550.280.710.72-0.070.120.930.540.370.810.690.850.150.930.940.870.76
0.620.2-0.39-0.160.530.40.850.820.99-0.10.930.07-0.740.150.720.54-0.470.860.890.470.160.470.380.460.73
0.110.18-0.360.080.320.370.01-0.34-0.440.54-0.340.40.47-0.010.150.37-0.47-0.13-0.270.150.010.470.510.2-0.14
0.840.48-0.57-0.180.830.670.950.910.90.080.950.36-0.360.150.880.810.86-0.130.980.690.160.730.650.690.95
0.740.36-0.49-0.160.720.550.90.960.930.020.940.22-0.420.150.790.690.89-0.270.980.580.160.60.510.570.94
0.970.94-0.39-0.220.870.770.730.380.440.120.720.910.090.20.820.850.470.150.690.580.230.820.861.00.72
0.220.250.01-0.410.110.110.130.050.13-0.060.130.24-0.021.00.110.150.160.010.160.160.230.040.120.220.19
0.870.65-0.60.010.910.790.850.430.470.350.650.71-0.050.010.890.930.470.470.730.60.820.040.960.850.67
0.880.74-0.64-0.190.910.870.770.310.380.430.580.810.00.090.890.940.380.510.650.510.860.120.960.890.59
0.970.93-0.41-0.210.880.790.750.360.430.140.70.910.080.190.830.870.460.20.690.571.00.220.850.890.71
0.840.59-0.41-0.140.80.60.840.870.77-0.030.880.44-0.110.190.770.760.73-0.140.950.940.720.190.670.590.71
Click cells to compare fundamentals

Dynavax Technologies Account Relationship Matchups

Dynavax Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets279.1M353.3M1.0B985.9M997.1M1.0B
Total Stockholder Equity8.3M58.7M222.4M581.0M622.1M653.2M
Retained Earnings(1.2B)(1.3B)(1.2B)(924.2M)(930.6M)(884.1M)
Other Assets3.6M3.8M368.9K3.5M3.2M3.0M
Common Stock Shares Outstanding72.0M100.8M133.0M150.8M128.7M135.2M
Liabilities And Stockholders Equity279.1M353.3M1.0B985.9M997.1M1.0B
Other Stockholder Equity1.2B1.4B1.4B1.5B1.6B1.6B
Total Liab270.8M294.6M816.9M404.8M375.0M393.8M
Other Current Liab43.8M32.6M201.4M143.2M24K22.8K
Total Current Liabilities53.0M77.4M556.4M150.1M62.2M58.2M
Accounts Payable9.3M3.3M2.6M3.2M5.2M3.1M
Cash39.9M32.1M436.2M202.0M150.3M157.8M
Short Term Investments111.2M133.0M109.8M422.4M592.0M621.6M
Other Current Assets(8.9M)(22.7M)(131.8M)85.6M19.0M19.9M
Common Stock84K110K123K128K130K83.9K
Property Plant Equipment32.0M30.6M61.0M37.6M43.2M45.4M
Property Plant And Equipment Net32.0M57.2M61.0M63.3M61.6M64.7M
Net Debt176.6M185.8M(178.8M)56.0M106.6M112.0M
Non Current Assets Total86.7M124.5M432.0M302.0M138.0M144.9M
Non Currrent Assets Other50.1M65.1M368.9M236.7M74.3M46.9M
Cash And Short Term Investments151.1M165.0M546.0M624.4M742.3M779.4M
Common Stock Total Equity84K110K123K128K147.2K85.0K
Non Current Liabilities Total217.7M217.2M260.5M254.8M312.8M328.5M
Property Plant And Equipment Gross62.3M57.2M61.0M63.3M93.4M98.1M
Total Current Assets192.4M228.7M607.3M683.8M859.1M902.1M
Accumulated Other Comprehensive Income(2.4M)273K(2.3M)(5.4M)(2.1M)(2.2M)
Net Receivables8.9M22.7M131.8M147.5M44.5M46.8M
Other Liab1.3M2.6M5.7M384K345.6K328.3K
Good Will2.1M2.3M2.1M2.0M2.1M1.8M
Inventory41.3M63.7M61.3M59.4M53.3M56.0M
Short Long Term Debt Total216.4M217.8M257.4M258.0M256.9M148.6M
Long Term Debt178.6M179.8M220.5M221.6M222.7M233.8M
Net Tangible Assets3.7M56.4M220.2M579.0M665.9M699.2M
Retained Earnings Total Equity(1.2B)(1.3B)(1.2B)(924.2M)(831.8M)(873.4M)
Capital Surpluse1.2B1.4B1.4B1.5B1.7B1.1B
Non Current Liabilities Other39.1M37.4M5.7M33.2M74K70.3K

Pair Trading with Dynavax Technologies

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 Dynavax Technologies 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 Dynavax Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Dynavax Stock

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The ability to find closely correlated positions to Dynavax Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dynavax Technologies 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 Dynavax Technologies - 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 Dynavax Technologies to buy it.
The correlation of Dynavax Technologies 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 Dynavax Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dynavax Technologies 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 Dynavax Technologies 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.
Pair CorrelationCorrelation Matching
When determining whether Dynavax Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dynavax Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dynavax Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dynavax Technologies Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynavax Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Dynavax Stock please use our How to Invest in Dynavax Technologies guide.
Note that the Dynavax Technologies information on this page should be used as a complementary analysis to other Dynavax Technologies' 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Dynavax Technologies' price analysis, check to measure Dynavax Technologies' 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 Dynavax Technologies is operating at the current time. Most of Dynavax Technologies' value examination focuses on studying past and present price action to predict the probability of Dynavax Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dynavax Technologies' price. Additionally, you may evaluate how the addition of Dynavax Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Dynavax Technologies' 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 Dynavax Technologies. If investors know Dynavax 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 Dynavax Technologies 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
(0.77)
Earnings Share
(0.05)
Revenue Per Share
1.804
Quarterly Revenue Growth
(0.70)
Return On Assets
(0.02)
The market value of Dynavax Technologies is measured differently than its book value, which is the value of Dynavax that is recorded on the company's balance sheet. Investors also form their own opinion of Dynavax Technologies' value that differs from its market value or its book value, called intrinsic value, which is Dynavax Technologies' 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 Dynavax Technologies' market value can be influenced by many factors that don't directly affect Dynavax Technologies' 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 Dynavax Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dynavax Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dynavax Technologies' 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.