DHT Depreciation And Amortization from 2010 to 2024
DHT Stock | USD 11.26 0.10 0.88% |
Depreciation And Amortization | First Reported 2005-09-30 | Previous Quarter 28.5 M | Current Value 28.2 M | Quarterly Volatility 11.1 M |
Check DHT Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DHT Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 62.8 M, Interest Expense of 21 M or Total Revenue of 583.9 M, as well as many indicators such as Price To Sales Ratio of 3.8, Dividend Yield of 0.12 or PTB Ratio of 1.47. DHT financial statements analysis is a perfect complement when working with DHT Holdings Valuation or Volatility modules.
DHT | Depreciation And Amortization |
Latest DHT Holdings' Depreciation And Amortization Growth Pattern
Below is the plot of the Depreciation And Amortization of DHT Holdings over the last few years. It is 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. DHT Holdings' Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DHT Holdings' overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization | 10 Years Trend |
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Depreciation And Amortization |
Timeline |
DHT Depreciation And Amortization Regression Statistics
Arithmetic Mean | 79,683,512 | |
Geometric Mean | 67,425,805 | |
Coefficient Of Variation | 50.95 | |
Mean Deviation | 34,733,721 | |
Median | 84,340,000 | |
Standard Deviation | 40,599,848 | |
Sample Variance | 1648.3T | |
Range | 117.9M | |
R-Value | 0.79 | |
Mean Square Error | 675.2T | |
R-Squared | 0.62 | |
Significance | 0.0005 | |
Slope | 7,146,370 | |
Total Sum of Squares | 23076.9T |
DHT Depreciation And Amortization History
About DHT Holdings Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include DHT Holdings income statement, its balance sheet, and the statement of cash flows. DHT Holdings investors use historical funamental indicators, such as DHT Holdings's Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although DHT Holdings investors may use each financial statement separately, they are all related. The changes in DHT Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on DHT Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on DHT Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in DHT Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Depreciation And Amortization | 108.9 M | 62.8 M |
Pair Trading with DHT Holdings
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 DHT Holdings 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 DHT Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with DHT Stock
0.89 | AM | Antero Midstream Partners | PairCorr |
0.71 | EE | Excelerate Energy | PairCorr |
0.68 | ET | Energy Transfer LP | PairCorr |
0.65 | TK | Teekay | PairCorr |
0.74 | DLNG | Dynagas LNG Partners Earnings Call This Week | PairCorr |
Moving against DHT Stock
The ability to find closely correlated positions to DHT Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DHT Holdings 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 DHT Holdings - 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 DHT Holdings to buy it.
The correlation of DHT Holdings 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 DHT Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DHT Holdings 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 DHT Holdings 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.Additional Tools for DHT Stock Analysis
When running DHT Holdings' price analysis, check to measure DHT Holdings' 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 DHT Holdings is operating at the current time. Most of DHT Holdings' value examination focuses on studying past and present price action to predict the probability of DHT Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DHT Holdings' price. Additionally, you may evaluate how the addition of DHT Holdings to your portfolios can decrease your overall portfolio volatility.