Asset Breakdown
23.2 M
Assets Non Current
13.8 M
Goodwill
16.2 M
Current Assets
| Total Assets | 33.17 Million | |
| Current Assets | 16.19 Million | |
| Assets Non Current | 23.22 Million | |
| Goodwill | 13.81 Million | |
| Tax Assets | 88,212.77 |
Will Dynatronics (NASDAQ:DYNT) be in financial trouble before December?
 | By Vlad Skutelnik | Macroaxis Story |
Dynatronics is scheduled to announce its earnings today. The stock is currently undergoing an unusual volatility. Dynatronics Price to Sales Ratio is comparatively stable at the moment as compared to the past year. Dynatronics reported Price to Sales Ratio of 0.17 in 2019. Sales per Share is likely to gain to 7.18 in 2020, whereas Earnings before Tax are likely to drop (3.5 M) in 2020. As many millenniums are trying to avoid healthcare space, it makes sense to review Dynatronics a little further and try to understand its current market patterns.
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Reviewed by Michael Smolkin
Dynatronics currently holds 10.89 M in liabilities with Debt to Equity (D/E) ratio of 0.55, which is about average as compared to similar companies. The firm shows a Beta (market volatility) of 0.2016, which means not very significant fluctuations relative to the market. Let's try to break down what Dynatronics's beta means in this case. As returns on the market increase, Dynatronics returns are expected to increase less than the market. However, during the bear market, the loss on holding Dynatronics will be expected to be smaller as well. Even though it is essential to pay attention to Dynatronics historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards predicting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Dynatronics exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Dynatronics has an expected return of -0.43%. Please be advised to confirm Dynatronics maximum drawdown, as well as the relationship between the skewness and day typical price to decide if Dynatronics stock performance from the past will be repeated at some point in the near future. Dynatronics financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Dynatronics, including all of Dynatronics's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Dynatronics assets, the company is considered highly leveraged. Understanding the composition and structure of overall Dynatronics debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.
Watch out for price decline
Please consider monitoring Dynatronics on a daily basis if you are holding a position in it. Dynatronics is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as Dynatronics stock to be traded above the $1 level to remain listed. If Dynatronics stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
Understanding Dynatronics Total Liabilities
Dynatronics liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. Dynatronics has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on Dynatronics balance sheet include debt obligations and money owed to different Dynatronics vendors, workers, and loan providers. Below is the chart of Dynatronics short long-term liabilities accounts currently reported on its balance sheet. You can use Dynatronics financial leverage analysis tool to get a better grip on understanding its financial positionHow important is Dynatronics's Liquidity
Dynatronics financial leverage refers to using borrowed capital as a funding source to finance Dynatronics ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Dynatronics financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Dynatronics' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Dynatronics' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Dynatronics's total debt and its cash.
Breaking it down a bit more
The entity reported the previous year's revenue of 53.41 M. Net Loss for the year was (4.32 M) with profit before overhead, payroll, taxes, and interest of 15.1 M.
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