Daily Historical Cash Flow
| DJCO Stock | USD 353.00 3.90 1.09% |
Analysis of Daily Journal cash flow over time is an excellent tool to project Daily Journal Corp future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Free Cash Flow of 18.1 M or Change In Working Capital of 10.2 M as it is a great indicator of Daily Journal ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Daily Journal Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Daily Journal Corp is a good buy for the upcoming year.
Daily |
About Daily Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Daily balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Daily's non-liquid assets can be easily converted into cash.
Daily Journal Cash Flow Chart
Daily Cash Flow Statement became part of mandatory reporting in 1987. It is now one of three main statements in accounting used to measure how well a company manages its liquidity and overall cash position. The rate of cash utilization and preservation is now part of the leading indicators of a healthy entity, and the Daily Journal Corp Cash Flow Statement shows how well the company generates cash to payout debt obligations or to cover ongoing operating expenses.
At this time, Daily Journal's Net Income is very stable compared to the past year. As of the 24th of April 2024, End Period Cash Flow is likely to grow to about 27.9 M, though Change To Inventory is likely to grow to (13.7 K). Add Fundamental
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Capital Expenditures
Capital Expenditures are funds used by Daily Journal Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Daily Journal operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most accounts from Daily Journal's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Daily Journal Corp current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, 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 Daily Journal Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Daily Journal's Net Income is very stable compared to the past year. As of the 24th of April 2024, End Period Cash Flow is likely to grow to about 27.9 M, though Change To Inventory is likely to grow to (13.7 K).
Daily Journal cash flow statement Correlations
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Daily Journal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Daily Journal cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 6K | 4K | (7K) | (16K) | (14.4K) | (13.7K) | |
| Change In Cash | 18.3M | (14.3M) | 829K | 7.7M | 8.8M | 9.3M | |
| Free Cash Flow | 2.2M | 3.3M | (5.3M) | 15.0M | 17.2M | 18.1M | |
| Change In Working Capital | (1.7M) | 6.3M | (8.1M) | 8.5M | 9.7M | 10.2M | |
| Begin Period Cash Flow | 10.6M | 29.0M | 14.6M | 15.5M | 17.8M | 18.7M | |
| Other Cashflows From Financing Activities | 1M | 17M | 43.0M | 6.0M | 6.9M | 7.3M | |
| Depreciation | 524K | 480K | 379K | 279K | 251.1K | 238.5K | |
| Other Non Cash Items | (1.1M) | (148.2M) | 108.9M | (20.4M) | (18.4M) | (17.5M) | |
| Capital Expenditures | 184K | 29K | 36K | 86K | 77.4K | 73.5K | |
| Total Cash From Operating Activities | 2.3M | 3.3M | (5.3M) | 15.1M | 13.6M | 14.3M | |
| Net Income | 4.0M | 112.9M | (75.6M) | 21.5M | 24.7M | 25.9M | |
| Total Cash From Financing Activities | (126K) | 2.4M | 42.9M | (153K) | (176.0K) | (167.2K) | |
| End Period Cash Flow | 29.0M | 14.6M | 15.5M | 23.1M | 26.6M | 27.9M | |
| Change To Account Receivables | 309K | (2.8M) | (7.4M) | (1.8M) | (1.6M) | (1.5M) | |
| Change To Liabilities | 1.7M | 323K | 9.5M | (3.2M) | (2.9M) | (2.8M) | |
| Change To Netincome | 13.4M | (504K) | (116.4M) | 78.1M | 70.3M | 73.8M | |
| Investments | 16.3M | (20.0M) | (37.1M) | (7.3M) | (6.5M) | (6.9M) | |
| Change Receivables | 2.2M | 309K | (2.8M) | (7.4M) | (6.7M) | (6.3M) | |
| Total Cashflows From Investing Activities | (165K) | 16.1M | (20.0M) | (36.8M) | (33.1M) | (31.4M) | |
| Cash And Cash Equivalents Changes | 1.3M | 18.3M | (14.3M) | 829K | 746.1K | 790.2K | |
| Cash Flows Other Operating | (4K) | (2.4M) | (394K) | 2.6M | 3.0M | 3.1M | |
| Net Borrowings | (121K) | (126K) | 2.4M | 42.9M | 49.3M | 51.7M | |
| Change To Operating Activities | 835K | 812K | 3.0M | 2.4M | 2.8M | 2.9M |
Pair Trading with Daily Journal
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 Daily Journal 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 Daily Journal will appreciate offsetting losses from the drop in the long position's value.Moving together with Daily Stock
| 0.82 | BL | Blackline Earnings Call Next Week | PairCorr |
Moving against Daily Stock
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| 0.72 | DV | DoubleVerify Holdings Financial Report 8th of May 2024 | PairCorr |
| 0.65 | DMAN | Innovativ Media Group | PairCorr |
| 0.64 | DT | Dynatrace Holdings LLC Financial Report 15th of May 2024 | PairCorr |
The ability to find closely correlated positions to Daily Journal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daily Journal 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 Daily Journal - 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 Daily Journal Corp to buy it.
The correlation of Daily Journal 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 Daily Journal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daily Journal Corp 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 Daily Journal 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 Daily Journal Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Daily Journal Corp information on this page should be used as a complementary analysis to other Daily Journal's 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Daily Stock analysis
When running Daily Journal's price analysis, check to measure Daily Journal's 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 Daily Journal is operating at the current time. Most of Daily Journal's value examination focuses on studying past and present price action to predict the probability of Daily Journal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daily Journal's price. Additionally, you may evaluate how the addition of Daily Journal to your portfolios can decrease your overall portfolio volatility.
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Is Daily Journal'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 Daily Journal. If investors know Daily 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 Daily Journal 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 (0.29) | Earnings Share 11.79 | Revenue Per Share 51.852 | Quarterly Revenue Growth 0.3 | Return On Assets 0.0179 |
The market value of Daily Journal Corp is measured differently than its book value, which is the value of Daily that is recorded on the company's balance sheet. Investors also form their own opinion of Daily Journal's value that differs from its market value or its book value, called intrinsic value, which is Daily Journal'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 Daily Journal's market value can be influenced by many factors that don't directly affect Daily Journal'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 Daily Journal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Daily Journal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daily Journal'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.