DXP Current Ratio vs Earnings per Basic Share Analysis
DXPE Stock | USD 52.01 0.96 1.88% |
Trend analysis of DXP Enterprises balance sheet accounts such as Other Current Liabilities of 85.9 M or Total Current Liabilities of 235.4 M provides information on DXP Enterprises' total assets, liabilities, and equity, which is the actual value of DXP Enterprises to its prevalent stockholders. By breaking down trends over time using DXP Enterprises balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
DXP |
About DXP Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of DXP Enterprises at a specified time, usually calculated after every quarter, six months, or one year. DXP Enterprises Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DXP Enterprises and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which DXP currently owns. An asset can also be divided into two categories, current and non-current.
DXP Enterprises Balance Sheet Chart
DXP Enterprises Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how DXP Enterprises uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, DXP Enterprises' Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 85.9 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 15.1 M. Add Fundamental
Total Assets
Total assets refers to the total amount of DXP Enterprises assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in DXP Enterprises books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on DXP Enterprises balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of DXP Enterprises are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from DXP Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DXP Enterprises 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 DXP Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For information on how to trade DXP Stock refer to our How to Trade DXP Stock guide.At present, DXP Enterprises' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.25, whereas Enterprise Value is forecasted to decline to about 464.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 21.1M | 29.1M | 53.1M | 55.8M | Depreciation And Amortization | 27.1M | 30.3M | 26.7M | 15.0M |
DXP Enterprises fundamental ratios Correlations
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DXP Enterprises Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DXP Enterprises fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 788.2M | 851.9M | 906.2M | 1.0B | 1.2B | 1.2B | |
Short Long Term Debt Total | 304.1M | 374.3M | 376.8M | 471.8M | 587.9M | 617.3M | |
Other Current Liab | 36.4M | 41.5M | 65.2M | 59.1M | 81.8M | 85.9M | |
Total Current Liabilities | 148.2M | 144.1M | 181.1M | 212.9M | 224.2M | 235.4M | |
Total Stockholder Equity | 343.8M | 347.1M | 358.6M | 365.4M | 380.9M | 399.9M | |
Property Plant And Equipment Net | 129.9M | 112.1M | 109.1M | 103.4M | 110.3M | 115.9M | |
Net Debt | 249.9M | 257.0M | 327.8M | 425.8M | 414.7M | 435.4M | |
Retained Earnings | 205.7M | 176.6M | 202.5M | 250.5M | 319.3M | 335.2M | |
Accounts Payable | 76.4M | 75.7M | 77.8M | 100.8M | 96.5M | 57.2M | |
Cash | 54.2M | 117.4M | 49.0M | 46.0M | 173.2M | 181.9M | |
Non Current Assets Total | 379.7M | 445.3M | 501.6M | 521.2M | 528.9M | 555.3M | |
Non Currrent Assets Other | 3.2M | 4.8M | 4.8M | (436K) | 10.6M | 11.2M | |
Cash And Short Term Investments | 54.2M | 117.4M | 49.0M | 46.0M | 173.2M | 181.9M | |
Net Receivables | 220.6M | 187.5M | 245.1M | 347.0M | 353.5M | 371.2M | |
Common Stock Shares Outstanding | 18.4M | 17.7M | 19.8M | 19.5M | 17.7M | 15.1M | |
Liabilities And Stockholders Equity | 788.2M | 851.9M | 906.2M | 1.0B | 1.2B | 1.2B | |
Non Current Liabilities Total | 295.1M | 359.9M | 366.4M | 459.0M | 572.4M | 601.0M | |
Inventory | 129.4M | 97.1M | 100.9M | 101.4M | 103.8M | 76.8M | |
Other Current Assets | 4.2M | 4.5M | 9.5M | 21.6M | 18.0M | 18.9M | |
Other Stockholder Equity | 157.9M | 192.1M | 173.3M | 146.2M | 92.5M | 77.6M | |
Total Liab | 443.3M | 504.0M | 547.5M | 671.9M | 796.6M | 836.4M | |
Property Plant And Equipment Gross | 129.9M | 112.1M | 109.1M | 103.4M | 209.7M | 220.2M | |
Total Current Assets | 408.5M | 406.6M | 404.6M | 516.1M | 648.6M | 681.0M | |
Accumulated Other Comprehensive Income | (20.0M) | (21.8M) | (17.3M) | (31.7M) | (31.2M) | (29.7M) | |
Short Term Debt | 20.1M | 19.2M | 21.5M | 22.5M | 24.3M | 15.0M | |
Intangible Assets | 52.6M | 80.1M | 79.2M | 79.6M | 63.9M | 52.6M | |
Other Assets | 3.2M | 60.0M | 4.8M | 4.5M | 1.0 | 0.95 | |
Long Term Debt | 237.0M | 235.4M | 317.1M | 409.2M | 520.7M | 546.7M | |
Property Plant Equipment | 63.7M | 112.1M | 56.9M | 46.0M | 52.9M | 40.5M | |
Current Deferred Revenue | 15.3M | 7.7M | 16.5M | 30.5M | 21.7M | 22.7M | |
Net Tangible Assets | 97.2M | 18.6M | 18.5M | (48.0M) | (43.2M) | (41.0M) | |
Retained Earnings Total Equity | 205.7M | 176.6M | 186.1M | 250.5M | 288.1M | 171.5M | |
Long Term Debt Total | 237.0M | 235.4M | 317.1M | 409.2M | 470.6M | 293.0M | |
Capital Surpluse | 156.2M | 157.9M | 192.1M | 213.9M | 246.0M | 159.7M | |
Deferred Long Term Liab | 8.6M | 9.9M | 1.8M | 4.9M | 4.4M | 4.7M |
Pair Trading with DXP Enterprises
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 DXP Enterprises 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 DXP Enterprises will appreciate offsetting losses from the drop in the long position's value.Moving together with DXP Stock
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Moving against DXP Stock
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The ability to find closely correlated positions to DXP Enterprises could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DXP Enterprises 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 DXP Enterprises - 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 DXP Enterprises to buy it.
The correlation of DXP Enterprises 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 DXP Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DXP Enterprises 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 DXP Enterprises 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 DXP Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For information on how to trade DXP Stock refer to our How to Trade DXP Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for DXP Stock analysis
When running DXP Enterprises' price analysis, check to measure DXP Enterprises' 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 DXP Enterprises is operating at the current time. Most of DXP Enterprises' value examination focuses on studying past and present price action to predict the probability of DXP Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DXP Enterprises' price. Additionally, you may evaluate how the addition of DXP Enterprises to your portfolios can decrease your overall portfolio volatility.
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Is DXP Enterprises' 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 DXP Enterprises. If investors know DXP 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 DXP Enterprises 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 (0.30) | Earnings Share 3.89 | Revenue Per Share 101.01 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0743 |
The market value of DXP Enterprises is measured differently than its book value, which is the value of DXP that is recorded on the company's balance sheet. Investors also form their own opinion of DXP Enterprises' value that differs from its market value or its book value, called intrinsic value, which is DXP Enterprises' 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 DXP Enterprises' market value can be influenced by many factors that don't directly affect DXP Enterprises' 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 DXP Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if DXP Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DXP Enterprises' 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.