Dynatronics Net Working Capital from 2010 to 2024

DYNT Stock  USD 0.45  0.01  2.27%   
Dynatronics Net Working Capital yearly trend continues to be comparatively stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. From the period from 2010 to 2024, Dynatronics Net Working Capital quarterly data regression had r-value of  0.35 and coefficient of variation of  30.31. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
5.1 M
Current Value
8.3 M
Quarterly Volatility
M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dynatronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dynatronics main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 M, Total Revenue of 27 M or Gross Profit of 9.4 M, as well as many exotic indicators such as Short Term Coverage Ratios of 0.21, Price To Sales Ratio of 0.0781 or Dividend Yield of 0.003. Dynatronics financial statements analysis is a perfect complement when working with Dynatronics Valuation or Volatility modules.
  
This module can also supplement various Dynatronics Technical models . Check out the analysis of Dynatronics Correlation against competitors.
For more information on how to buy Dynatronics Stock please use our How to Invest in Dynatronics guide.

Latest Dynatronics' Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Dynatronics over the last few years. It is Dynatronics' Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dynatronics' overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Dynatronics Net Working Capital Regression Statistics

Arithmetic Mean6,758,082
Geometric Mean6,523,186
Coefficient Of Variation30.31
Mean Deviation1,530,640
Median5,833,557
Standard Deviation2,048,561
Sample Variance4.2T
Range8M
R-Value0.35
Mean Square Error4T
R-Squared0.12
Significance0.20
Slope160,850
Total Sum of Squares58.8T

Dynatronics Net Working Capital History

20248.3 M
20235.1 M
20224.5 M
20219.3 M
202012.4 M
20198.4 M
20185.6 M

About Dynatronics Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Dynatronics income statement, its balance sheet, and the statement of cash flows. Dynatronics investors use historical funamental indicators, such as Dynatronics's Net Working Capital, to determine how well the company is positioned to perform in the future. Although Dynatronics investors may use each financial statement separately, they are all related. The changes in Dynatronics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dynatronics'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 Dynatronics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dynatronics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Net Working Capital5.1 M8.3 M

Pair Trading with Dynatronics

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

Moving against Dynatronics Stock

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The ability to find closely correlated positions to Dynatronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dynatronics 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 Dynatronics - 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 Dynatronics to buy it.
The correlation of Dynatronics 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 Dynatronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dynatronics 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 Dynatronics 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 Dynatronics is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Dynatronics Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Dynatronics Stock. Highlighted below are key reports to facilitate an investment decision about Dynatronics Stock:
Check out the analysis of Dynatronics Correlation against competitors.
For more information on how to buy Dynatronics Stock please use our How to Invest in Dynatronics guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Dynatronics Stock analysis

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Is Dynatronics' 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 Dynatronics. If investors know Dynatronics 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 Dynatronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.40)
Revenue Per Share
8.392
Quarterly Revenue Growth
(0.25)
Return On Assets
(0.09)
Return On Equity
(0.28)
The market value of Dynatronics is measured differently than its book value, which is the value of Dynatronics that is recorded on the company's balance sheet. Investors also form their own opinion of Dynatronics' value that differs from its market value or its book value, called intrinsic value, which is Dynatronics' 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 Dynatronics' market value can be influenced by many factors that don't directly affect Dynatronics' 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 Dynatronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dynatronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dynatronics' 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.