Dawson Net Tangible Assets vs Property Plant Equipment Analysis

DWSN Stock  USD 1.64  0.05  3.14%   
Dawson Geophysical financial indicator trend analysis is much more than just examining Dawson Geophysical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dawson Geophysical is a good investment. Please check the relationship between Dawson Geophysical Net Tangible Assets and its Property Plant Equipment accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dawson Geophysical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Dawson Stock, please use our How to Invest in Dawson Geophysical guide.

Net Tangible Assets vs Property Plant Equipment

Net Tangible Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dawson Geophysical Net Tangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dawson Geophysical's Net Tangible Assets and Property Plant Equipment is 0.9. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Dawson Geophysical, assuming nothing else is changed. The correlation between historical values of Dawson Geophysical's Net Tangible Assets and Property Plant Equipment 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 Tangible Assets of Dawson Geophysical are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Tangible Assets i.e., Dawson Geophysical's Net Tangible Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Property Plant Equipment

Most indicators from Dawson Geophysical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dawson Geophysical 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 Dawson Geophysical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Dawson Stock, please use our How to Invest in Dawson Geophysical guide.At this time, Dawson Geophysical's Tax Provision is very stable compared to the past year. As of the 27th of April 2024, Enterprise Value is likely to grow to about 42.6 M, while Selling General Administrative is likely to drop about 8.3 M.
 2021 2022 2023 2024 (projected)
Total Revenue24.7M37.5M96.8M82.5M
Interest Expense21K31K103K97.9K

Dawson Geophysical fundamental ratios Correlations

0.430.590.50.980.98-0.230.670.490.390.980.820.840.040.50.21-0.120.180.57-0.130.950.43-0.40.530.10.41
0.430.790.80.280.420.20.350.650.150.420.030.74-0.180.590.42-0.1-0.150.8-0.220.40.78-0.22-0.230.20.12
0.590.790.770.470.580.220.340.660.060.580.230.80.020.530.42-0.220.060.75-0.010.550.56-0.120.090.20.18
0.50.80.770.330.510.250.380.880.030.510.10.75-0.080.510.52-0.3-0.130.88-0.020.430.81-0.060.10.45-0.05
0.980.280.470.330.94-0.360.610.330.460.940.910.730.140.340.08-0.030.280.39-0.130.960.26-0.390.610.060.37
0.980.420.580.510.94-0.10.80.530.260.990.730.82-0.150.590.3-0.22-0.010.63-0.210.880.49-0.510.53-0.040.47
-0.230.20.220.25-0.36-0.10.230.35-0.94-0.1-0.660.08-0.620.420.75-0.77-0.660.38-0.04-0.440.310.01-0.25-0.180.26
0.670.350.340.380.610.80.230.53-0.080.760.320.6-0.680.640.44-0.46-0.590.58-0.580.470.61-0.80.36-0.450.42
0.490.650.660.880.330.530.350.53-0.120.540.040.72-0.250.580.48-0.41-0.320.85-0.080.360.78-0.230.180.25-0.03
0.390.150.060.030.460.26-0.94-0.08-0.120.250.680.180.53-0.22-0.60.750.59-0.1-0.070.59-0.04-0.120.170.22-0.21
0.980.420.580.510.940.99-0.10.760.540.250.730.83-0.090.590.3-0.260.040.63-0.140.880.5-0.450.530.040.48
0.820.030.230.10.910.73-0.660.320.040.680.730.460.41-0.01-0.260.280.540.05-0.070.9-0.04-0.260.660.140.17
0.840.740.80.750.730.820.080.60.720.180.830.46-0.070.630.44-0.290.020.8-0.120.780.6-0.280.170.20.34
0.04-0.180.02-0.080.14-0.15-0.62-0.68-0.250.53-0.090.41-0.07-0.56-0.480.520.96-0.350.590.27-0.430.650.190.69-0.36
0.50.590.530.510.340.590.420.640.58-0.220.59-0.010.63-0.560.57-0.42-0.450.86-0.10.290.64-0.38-0.21-0.10.72
0.210.420.420.520.080.30.750.440.48-0.60.3-0.260.44-0.480.57-0.74-0.460.62-0.140.040.50.06-0.070.040.39
-0.12-0.1-0.22-0.3-0.03-0.22-0.77-0.46-0.410.75-0.260.28-0.290.52-0.42-0.740.55-0.410.060.13-0.330.05-0.130.08-0.32
0.18-0.150.06-0.130.28-0.01-0.66-0.59-0.320.590.040.540.020.96-0.45-0.460.55-0.320.550.41-0.480.560.190.6-0.14
0.570.80.750.880.390.630.380.580.85-0.10.630.050.8-0.350.860.62-0.41-0.32-0.070.420.84-0.25-0.050.210.37
-0.13-0.22-0.01-0.02-0.13-0.21-0.04-0.58-0.08-0.07-0.14-0.07-0.120.59-0.1-0.140.060.55-0.07-0.11-0.260.75-0.020.620.05
0.950.40.550.430.960.88-0.440.470.360.590.880.90.780.270.290.040.130.410.42-0.110.27-0.290.490.20.27
0.430.780.560.810.260.490.310.610.78-0.040.5-0.040.6-0.430.640.5-0.33-0.480.84-0.260.27-0.380.020.110.03
-0.4-0.22-0.12-0.06-0.39-0.510.01-0.8-0.23-0.12-0.45-0.26-0.280.65-0.380.060.050.56-0.250.75-0.29-0.38-0.220.7-0.21
0.53-0.230.090.10.610.53-0.250.360.180.170.530.660.170.19-0.21-0.07-0.130.19-0.05-0.020.490.02-0.220.0-0.13
0.10.20.20.450.06-0.04-0.18-0.450.250.220.040.140.20.69-0.10.040.080.60.210.620.20.110.70.0-0.22
0.410.120.18-0.050.370.470.260.42-0.03-0.210.480.170.34-0.360.720.39-0.32-0.140.370.050.270.03-0.21-0.13-0.22
Click cells to compare fundamentals

Dawson Geophysical Account Relationship Matchups

Dawson Geophysical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets127.6M103.4M74.0M60.5M58.2M80.9M
Short Long Term Debt Total11.3M6.1M5.2M4.9M6.2M7.1M
Other Current Liab5.6M2.9M2.4M3.2M4.1M3.0M
Total Current Liabilities18.3M7.4M7.6M15.8M22.4M14.1M
Total Stockholder Equity103.2M91.0M62.5M41.1M31.4M59.4M
Property Plant And Equipment Net60.2M44.4M30.8M22.1M19.7M18.7M
Net Debt(15.0M)(34.8M)(20.2M)(9.0M)(9.5M)(9.1M)
Retained Earnings(49.7M)(62.9M)(92.0M)(112.5M)(123.6M)(117.5M)
Accounts Payable4.0M1.6M2.6M4.0M3.9M4.9M
Cash26.3M41.0M25.4M13.9M15.8M13.3M
Non Current Assets Total62.0M44.8M31.2M22.5M25.1M45.7M
Cash And Short Term Investments28.6M41.5M25.6M14.2M16.0M17.6M
Net Receivables24.4M7.3M8.9M10.0M12.7M13.1M
Common Stock Shares Outstanding23.2M23.4M23.6M25.0M26.8M28.1M
Liabilities And Stockholders Equity127.6M103.4M74.0M60.5M58.2M80.9M
Non Current Liabilities Total6.2M5.0M4.0M3.7M4.3M7.4M
Other Current Assets11.2M17.1M17.2M8.9M4.3M4.0M
Other Stockholder Equity154.2M154.9M155.3M155.4M156.7M164.5M
Total Liab24.4M12.4M11.6M19.4M26.8M21.5M
Property Plant And Equipment Gross60.2M44.4M257.5M248.8M286.2M300.5M
Total Current Assets65.6M58.6M42.9M38.0M33.1M35.1M
Accumulated Other Comprehensive Income(1.6M)(1.2M)(1.0M)(2.1M)(1.9M)(2.0M)
Short Term Debt5.3M1.2M1.3M1.4M2.6M4.2M
Non Currrent Assets Other1.4M393K972K5.4M4.3M4.5M
Intangible Assets385K393K395K369K377K358.2K
Current Deferred Revenue3.5M1.8M1.3M7.2M11.8M12.4M
Common Stock Total Equity218K230K233K235K211.5K375.1K
Common Stock233K235K237K238K308K357.9K
Short Term Investments10.6M2.4M583K265K238.5K226.6K
Property Plant Equipment60.2M44.4M30.8M22.1M25.5M24.2M
Long Term Debt96K44K8K207K186.3K177.0K
Net Tangible Assets102.8M90.6M62.1M40.7M36.7M34.8M
Capital Surpluse152.0M153.3M154.2M154.9M178.1M132.5M

Pair Trading with Dawson Geophysical

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 Dawson Geophysical 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 Dawson Geophysical will appreciate offsetting losses from the drop in the long position's value.

Moving against Dawson Stock

  0.78NOA North American ConstPairCorr
  0.58DRQ Dril Quip Financial Report 13th of May 2024 PairCorr
  0.41VTOL Bristow GroupPairCorr
The ability to find closely correlated positions to Dawson Geophysical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dawson Geophysical 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 Dawson Geophysical - 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 Dawson Geophysical to buy it.
The correlation of Dawson Geophysical 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 Dawson Geophysical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dawson Geophysical 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 Dawson Geophysical 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 Dawson Geophysical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dawson Geophysical's 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 Dawson Geophysical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dawson Geophysical Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dawson Geophysical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Dawson Stock, please use our How to Invest in Dawson Geophysical guide.
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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Is Dawson Geophysical'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 Dawson Geophysical. If investors know Dawson 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 Dawson Geophysical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.45)
Revenue Per Share
3.62
Quarterly Revenue Growth
0.386
Return On Assets
(0.11)
Return On Equity
(0.30)
The market value of Dawson Geophysical is measured differently than its book value, which is the value of Dawson that is recorded on the company's balance sheet. Investors also form their own opinion of Dawson Geophysical's value that differs from its market value or its book value, called intrinsic value, which is Dawson Geophysical'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 Dawson Geophysical's market value can be influenced by many factors that don't directly affect Dawson Geophysical'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 Dawson Geophysical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dawson Geophysical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dawson Geophysical'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.