Doordash Class A Stock Filter Stocks by Fundamentals

DASH Stock  USD 137.72  1.16  0.84%   
DoorDash Class A fundamentals help investors to digest information that contributes to DoorDash's financial success or failures. It also enables traders to predict the movement of DoorDash Stock. The fundamental analysis module provides a way to measure DoorDash's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to DoorDash stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

DoorDash Debt to Equity Analysis

 2021 2022 2023 2024 (projected)
Capital Expenditures237M346M324M215.2M
Depreciation156M369M509M534.5M
More About Debt to Equity | All Equity Analysis

DoorDash Debt to Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for DoorDash is extremely important. It helps to project a fair market value of DoorDash Stock properly, considering its historical fundamentals such as Debt to Equity. Since DoorDash's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of DoorDash's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of DoorDash's interrelated accounts and indicators.
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DoorDash Total Stockholder Equity

Total Stockholder Equity

4.52 Billion

As of now, DoorDash's Total Stockholder Equity is increasing as compared to previous years.
According to the company disclosure, DoorDash Class A has a Debt to Equity of 0.0null. This indicator is about the same for the Internet & Direct Marketing Retail average (which is currently at 0.0) sector and about the same as Debt to Equity (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

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DoorDash Fundamentals

About DoorDash Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze DoorDash Class A's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DoorDash using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DoorDash Class A based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. DoorDash, Inc. was incorporated in 2013 and is headquartered in San Francisco, California. Doordash Inc operates under Internet Content Information classification in the United States and is traded on New York Stock Exchange. It employs 8600 people.

Pair Trading with DoorDash

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

Moving together with DoorDash Stock

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Moving against DoorDash Stock

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The ability to find closely correlated positions to DoorDash could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DoorDash 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 DoorDash - 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 DoorDash Class A to buy it.
The correlation of DoorDash 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 DoorDash moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DoorDash Class A 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 DoorDash 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 DoorDash Class A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DoorDash's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Doordash Class A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Doordash Class A Stock:

Complementary Tools for DoorDash Stock analysis

When running DoorDash's price analysis, check to measure DoorDash'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 DoorDash is operating at the current time. Most of DoorDash's value examination focuses on studying past and present price action to predict the probability of DoorDash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DoorDash's price. Additionally, you may evaluate how the addition of DoorDash to your portfolios can decrease your overall portfolio volatility.
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Is DoorDash'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 DoorDash. If investors know DoorDash 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 DoorDash listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.42)
Revenue Per Share
21.975
Quarterly Revenue Growth
0.267
Return On Assets
(0.03)
Return On Equity
(0.08)
The market value of DoorDash Class A is measured differently than its book value, which is the value of DoorDash that is recorded on the company's balance sheet. Investors also form their own opinion of DoorDash's value that differs from its market value or its book value, called intrinsic value, which is DoorDash'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 DoorDash's market value can be influenced by many factors that don't directly affect DoorDash'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 DoorDash's value and its price as these two are different measures arrived at by different means. Investors typically determine if DoorDash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DoorDash'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.