Dampskibsselskabet Financials

DNORD Stock  DKK 281.40  4.20  1.52%   
We urge to utilize Dampskibsselskabet fundamental analysis to see if markets are presently undervaluing or overvaluing the company. Put another way, you can exercise it to find out if Dampskibsselskabet is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to break down thirty-eight available fundamental indicators for Dampskibsselskabet Norden AS, which can be compared to its rivals. To ensure the equity is not overpriced, please confirm all Dampskibsselskabet financials, including its cash per share, target price, and the relationship between the gross profit and book value per share . The stock experiences a large bullish trend. Check odds of Dampskibsselskabet to be traded at kr309.54 in 90 days.
With this module, you can analyze Dampskibsselskabet financials for your investing period. You should be able to track the changes in Dampskibsselskabet individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Dampskibsselskabet Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Dampskibsselskabet's financial statements are interrelated, with each one affecting the others. For example, an increase in Dampskibsselskabet's assets may result in an increase in income on the income statement.
Evaluating Dampskibsselskabet's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Dampskibsselskabet's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Dampskibsselskabet's relative financial performance

Chance Of Distress

Less than 9

 
100  
 
Zero
Low
Dampskibsselskabet Norden AS has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Dampskibsselskabet stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Dampskibsselskabet's odds of distress score SHOULD NOT be confused with the real chance of Dampskibsselskabet Norden AS filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Dampskibsselskabet is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Dampskibsselskabet's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in Dampskibsselskabet's official financial statements usually reflect Dampskibsselskabet's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Dampskibsselskabet. For example, before you start analyzing numbers published by Dampskibsselskabet accountants, it's critical to develop an understanding of what Dampskibsselskabet's liquidity, profitability, and earnings quality are in the context of the Marine space in which it operates.
Please note, the presentation of Dampskibsselskabet's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Dampskibsselskabet's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Dampskibsselskabet's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Dampskibsselskabet Norden AS. Please utilize our Beneish M Score to check the likelihood of Dampskibsselskabet's management manipulating its earnings.

Dampskibsselskabet Company Summary

Dampskibsselskabet competes with ChemoMetec, AP Mller, AP Mller, Novo Nordisk, and Pandora AS. Dampskibsselskabet NORDEN AS, a shipping company, owns and operates dry cargo and tanker vessels worldwide. Dampskibsselskabet NORDEN AS was founded in 1871 and is headquartered in Hellerup, Denmark. DS Norden operates under Shipping classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 1229 people.
InstrumentDenmark Stock View All
ExchangeCopenhagen Exchange
ISINDK0060083210
Business Address52, Strandvejen, Hellerup,
SectorMarine
IndustryIndustrials
BenchmarkNYSE Composite
Websitenorden.com
Phone45 33 15 04 51
CurrencyDKK - Danish Krone
You should never invest in Dampskibsselskabet without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Dampskibsselskabet Stock, because this is throwing your money away. Analyzing the key information contained in Dampskibsselskabet's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Dampskibsselskabet Key Financial Ratios

Generally speaking, Dampskibsselskabet's financial ratios allow both analysts and investors to convert raw data from Dampskibsselskabet's financial statements into concise, actionable information that can be used to evaluate the performance of Dampskibsselskabet over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Dampskibsselskabet reports annually and quarterly.

Dampskibsselskabet Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Dampskibsselskabet's current stock value. Our valuation model uses many indicators to compare Dampskibsselskabet value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dampskibsselskabet competition to find correlations between indicators driving Dampskibsselskabet's intrinsic value. More Info.
Dampskibsselskabet Norden AS is one of the top stocks in current asset category among related companies. It is one of the top stocks in return on asset category among related companies . The ratio of Current Asset to Return On Asset for Dampskibsselskabet Norden AS is about  3,537,015,276 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Dampskibsselskabet by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dampskibsselskabet's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Dampskibsselskabet's earnings, one of the primary drivers of an investment's value.

Dampskibsselskabet Systematic Risk

Dampskibsselskabet's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Dampskibsselskabet volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Dampskibsselskabet correlated with the market. If Beta is less than 0 Dampskibsselskabet generally moves in the opposite direction as compared to the market. If Dampskibsselskabet Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Dampskibsselskabet is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Dampskibsselskabet is generally in the same direction as the market. If Beta > 1 Dampskibsselskabet moves generally in the same direction as, but more than the movement of the benchmark.

About Dampskibsselskabet Financials

What exactly are Dampskibsselskabet Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Dampskibsselskabet's income statement, its balance sheet, and the statement of cash flows. Potential Dampskibsselskabet investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Dampskibsselskabet investors may use each financial statement separately, they are all related. The changes in Dampskibsselskabet's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dampskibsselskabet'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. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Dampskibsselskabet Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Dampskibsselskabet is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Dampskibsselskabet has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Dampskibsselskabet's financials are consistent with your investment objective using the following steps:
  • Review Dampskibsselskabet's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Dampskibsselskabet's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Dampskibsselskabet's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Dampskibsselskabet's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Dampskibsselskabet March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Dampskibsselskabet help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Dampskibsselskabet Norden AS. We use our internally-developed statistical techniques to arrive at the intrinsic value of Dampskibsselskabet Norden AS based on widely used predictive technical indicators. In general, we focus on analyzing Dampskibsselskabet Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Dampskibsselskabet's daily price indicators and compare them against related drivers.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dampskibsselskabet Norden AS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Dampskibsselskabet information on this page should be used as a complementary analysis to other Dampskibsselskabet'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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Dampskibsselskabet's price analysis, check to measure Dampskibsselskabet'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 Dampskibsselskabet is operating at the current time. Most of Dampskibsselskabet's value examination focuses on studying past and present price action to predict the probability of Dampskibsselskabet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dampskibsselskabet's price. Additionally, you may evaluate how the addition of Dampskibsselskabet to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Dampskibsselskabet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dampskibsselskabet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dampskibsselskabet'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.