Drive Shack Financials
| DSDelisted Stock | USD 0.38 0.02 5.56% |
With this module, you can analyze Drive financials for your investing period. You should be able to track the changes in Drive Shack individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Drive |
Understanding current and past Drive Shack Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Drive Shack's financial statements are interrelated, with each one affecting the others. For example, an increase in Drive Shack's assets may result in an increase in income on the income statement.
The data published in Drive Shack's official financial statements usually reflect Drive Shack'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 Drive Shack. For example, before you start analyzing numbers published by Drive accountants, it's critical to develop an understanding of what Drive Shack's liquidity, profitability, and earnings quality are in the context of the Hotels, Restaurants & Leisure space in which it operates.
Please note, the presentation of Drive Shack'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, Drive Shack's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Drive Shack's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Drive Shack. Please utilize our Beneish M Score to check the likelihood of Drive Shack's management manipulating its earnings.
Drive Shack Stock Summary
Drive Shack competes with Sealed Air, National Beverage, Ecovyst, LanzaTech Global, and Marie Brizard. Drive Shack Inc. owns and operates golf-related leisure and entertainment venues. Drive Shack Inc. was founded in 2002 and is headquartered in Dallas, Texas. Drive Shack operates under Leisure classification in the United States and is traded on New York Stock Exchange. It employs 3370 people.| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | US2620771004 |
| Business Address | 10670 North Central |
| Sector | Hotels, Restaurants & Leisure |
| Industry | Consumer Discretionary |
| Benchmark | NYSE Composite |
| Website | www.driveshack.com |
| Phone | 469 862 0139 |
| Currency | USD - US Dollar |
You should never invest in Drive Shack without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Drive Stock, because this is throwing your money away. Analyzing the key information contained in Drive Shack's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Drive Shack Key Financial Ratios
Generally speaking, Drive Shack's financial ratios allow both analysts and investors to convert raw data from Drive Shack's financial statements into concise, actionable information that can be used to evaluate the performance of Drive Shack 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 Drive Shack reports annually and quarterly.| Return On Equity | -3.24 | |||
| Return On Asset | -0.0261 | |||
| Target Price | 2.0 |
Drive Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Drive Shack's current stock value. Our valuation model uses many indicators to compare Drive Shack value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Drive Shack competition to find correlations between indicators driving Drive Shack's intrinsic value. More Info.Drive Shack is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Drive Shack by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Drive Shack'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 Drive Shack's earnings, one of the primary drivers of an investment's value.Drive Shack Market Pulse
| Quote | 0.38 |
| Change(%) | 5.56 |
| Change | 0.02 |
| Open | 0.36 |
| Low | 0.35 |
| High | 0.39 |
| Volume | 0 |
| Exchange | NYSE |
About Drive Shack Financials
What exactly are Drive Shack 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 Drive Shack's income statement, its balance sheet, and the statement of cash flows. Potential Drive Shack investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Drive Shack investors may use each financial statement separately, they are all related. The changes in Drive Shack's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Drive Shack'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 Drive Shack 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 Drive Shack 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 Drive 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 Drive Shack's financials are consistent with your investment objective using the following steps:- Review Drive Shack'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 Drive Shack'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 Drive Shack'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 Drive Shack's stock is overvalued or undervalued.
Drive Shack April 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Drive Shack help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Drive Shack. We use our internally-developed statistical techniques to arrive at the intrinsic value of Drive Shack based on widely used predictive technical indicators. In general, we focus on analyzing Drive Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Drive Shack's daily price indicators and compare them against related drivers.
| Downside Deviation | 12.85 | |||
| Information Ratio | 0.0209 | |||
| Maximum Drawdown | 61.36 | |||
| Value At Risk | (10.64) | |||
| Potential Upside | 15.0 |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in Drive Stock
If you are still planning to invest in Drive Shack check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Drive Shack's history and understand the potential risks before investing.
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