Dada Common Stock vs Total Assets Analysis

DADA Stock  USD 1.86  0.03  1.59%   
Dada Nexus financial indicator trend analysis is much more than just examining Dada Nexus latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dada Nexus is a good investment. Please check the relationship between Dada Nexus Common Stock and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dada Nexus. 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.
For information on how to trade Dada Stock refer to our How to Trade Dada Stock guide.

Common Stock vs Total Assets

Common Stock vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dada Nexus Common Stock account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Dada Nexus' Common Stock and Total Assets is 0.85. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Assets in the same time period over historical financial statements of Dada Nexus, assuming nothing else is changed. The correlation between historical values of Dada Nexus' Common Stock and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Dada Nexus are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock i.e., Dada Nexus' Common Stock and Total Assets go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock

Total Assets

Total assets refers to the total amount of Dada Nexus assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Dada Nexus books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Dada Nexus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dada Nexus current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Dada Nexus. 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.
For information on how to trade Dada Stock refer to our How to Trade Dada Stock guide.The current year's Selling General Administrative is expected to grow to about 373 M, whereas Tax Provision is forecasted to decline to (5.3 M).
 2021 2023 2024 (projected)
Depreciation And Amortization111.0M515.7M541.5M
Interest Income111.0M127.6M76.0M

Dada Nexus fundamental ratios Correlations

-0.070.890.920.87-0.770.860.610.68-0.63-0.770.520.570.26-0.24-0.040.920.76-0.40.830.030.74-0.75-0.740.570.4
-0.07-0.43-0.24-0.460.13-0.470.28-0.54-0.530.40.60.56-0.21-0.01-0.350.27-0.450.54-0.42-0.91-0.320.590.03-0.53-0.7
0.89-0.430.920.96-0.760.950.540.74-0.34-0.820.240.30.17-0.040.240.680.82-0.490.90.370.75-0.92-0.660.710.56
0.92-0.240.920.94-0.740.930.680.69-0.48-0.780.450.460.14-0.070.170.790.79-0.440.880.120.67-0.88-0.730.440.47
0.87-0.460.960.94-0.710.990.580.76-0.34-0.810.30.30.250.010.340.680.84-0.510.930.320.69-0.98-0.670.590.59
-0.770.13-0.76-0.74-0.71-0.74-0.6-0.780.260.94-0.4-0.130.10.09-0.2-0.61-0.880.51-0.88-0.26-0.870.630.97-0.54-0.48
0.86-0.470.950.930.99-0.740.570.8-0.35-0.840.270.30.17-0.020.350.670.88-0.580.960.330.67-0.97-0.70.590.65
0.610.280.540.680.58-0.60.570.17-0.47-0.440.860.51-0.020.480.50.620.40.110.57-0.380.35-0.54-0.65-0.07-0.13
0.68-0.540.740.690.76-0.780.80.17-0.16-0.94-0.090.0-0.04-0.430.070.470.97-0.90.890.570.73-0.72-0.750.690.91
-0.63-0.53-0.34-0.48-0.340.26-0.35-0.47-0.160.17-0.55-0.970.090.330.29-0.88-0.240.15-0.30.63-0.020.190.31-0.08-0.03
-0.770.4-0.82-0.78-0.810.94-0.84-0.44-0.940.17-0.17-0.030.030.2-0.21-0.55-0.980.72-0.95-0.47-0.860.760.91-0.65-0.73
0.520.60.240.450.3-0.40.270.86-0.09-0.55-0.170.590.20.310.160.630.120.380.28-0.650.25-0.19-0.5-0.28-0.43
0.570.560.30.460.3-0.130.30.510.0-0.97-0.030.59-0.05-0.2-0.250.820.10.010.2-0.71-0.09-0.17-0.18-0.04-0.11
0.26-0.210.170.140.250.10.17-0.02-0.040.090.030.2-0.050.01-0.10.14-0.060.30.030.130.3-0.210.130.15-0.16
-0.24-0.01-0.04-0.070.010.09-0.020.48-0.430.330.20.31-0.20.010.83-0.31-0.250.55-0.07-0.11-0.18-0.130.1-0.33-0.47
-0.04-0.350.240.170.34-0.20.350.50.070.29-0.210.16-0.25-0.10.83-0.190.220.020.350.180.02-0.48-0.19-0.060.07
0.920.270.680.790.68-0.610.670.620.47-0.88-0.550.630.820.14-0.31-0.190.57-0.280.64-0.320.48-0.51-0.630.350.22
0.76-0.450.820.790.84-0.880.880.40.97-0.24-0.980.120.1-0.06-0.250.220.57-0.810.970.450.77-0.8-0.860.640.82
-0.40.54-0.49-0.44-0.510.51-0.580.11-0.90.150.720.380.010.30.550.02-0.28-0.81-0.67-0.52-0.380.510.49-0.57-0.98
0.83-0.420.90.880.93-0.880.960.570.89-0.3-0.950.280.20.03-0.070.350.640.97-0.670.360.76-0.9-0.850.590.7
0.03-0.910.370.120.32-0.260.33-0.380.570.63-0.47-0.65-0.710.13-0.110.18-0.320.45-0.520.360.5-0.41-0.130.650.65
0.74-0.320.750.670.69-0.870.670.350.73-0.02-0.860.25-0.090.3-0.180.020.480.77-0.380.760.5-0.61-0.790.670.43
-0.750.59-0.92-0.88-0.980.63-0.97-0.54-0.720.190.76-0.19-0.17-0.21-0.13-0.48-0.51-0.80.51-0.9-0.41-0.610.58-0.53-0.62
-0.740.03-0.66-0.73-0.670.97-0.7-0.65-0.750.310.91-0.5-0.180.130.1-0.19-0.63-0.860.49-0.85-0.13-0.790.58-0.35-0.44
0.57-0.530.710.440.59-0.540.59-0.070.69-0.08-0.65-0.28-0.040.15-0.33-0.060.350.64-0.570.590.650.67-0.53-0.350.62
0.4-0.70.560.470.59-0.480.65-0.130.91-0.03-0.73-0.43-0.11-0.16-0.470.070.220.82-0.980.70.650.43-0.62-0.440.62
Click cells to compare fundamentals

Dada Nexus Account Relationship Matchups

Dada Nexus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.3B9.5B5.3B9.0B7.6B7.2B
Other Current Liab11.6M1.5B1.2B1.7B1.7B1.1B
Total Current Liabilities840.4M2.4B1.4B2.0B2.0B1.6B
Total Stockholder Equity(7.2B)7.0B3.8B7.0B5.6B5.8B
Other Liab43.7M38.6M27M22.0M19.8M35.2M
Net Tangible Assets(8.9B)5.6B2.5B4.4B5.0B5.3B
Property Plant And Equipment Net42.0M146.8M114.4M54.4M24.7M23.5M
Current Deferred Revenue72.0M99.2M111.8M182.4M280.1M294.1M
Net Debt(1.2B)(4.6B)(330.8M)(1.1B)(1.9B)(2.0B)
Retained Earnings(7.6B)(9.3B)(11.8B)(13.8B)(15.8B)(15.0B)
Accounts Payable9.9M13.8M9.8M9.8M5.0M7.3M
Cash1.2B5.5B512.8M1.2B1.9B1.7B
Non Current Assets Total1.7B2.0B1.8B2.7B1.5B2.2B
Non Currrent Assets Other5.9M12.7M33.2M8.2M512K486.4K
Other Assets5.9M12.7M33.2M8.2M9.5M14.3M
Cash And Short Term Investments2.1B6.2B1.7B3.9B3.5B3.6B
Net Receivables414.2M1.0B1.2B1.4B2.1B2.2B
Short Term Investments957.4M770M1.2B2.7B1.6B1.3B
Liabilities And Stockholders Equity4.3B9.5B5.3B9.0B7.6B7.2B
Non Current Liabilities Total10.6B108.1M73.2M38.6M17.4M16.5M
Inventory3.9M5.4M6.3M8.8M9.3M7.5M
Other Current Assets34.6M175.6M479.0M606.5M2.2B2.3B
Other Stockholder Equity(10.3B)16.4B15.7B20.6B21.0B22.1B
Total Liab11.5B2.5B1.5B2.0B2.0B1.9B
Net Invested Capital(7.2B)7.8B3.9B7.1B5.6B5.8B
Property Plant And Equipment Gross42.0M146.8M114.4M54.4M117.3M80.2M
Total Current Assets2.6B7.5B3.4B6.4B6.1B5.0B
Accumulated Other Comprehensive Income139.7M(70.3M)(109.8M)223.7M313.5M329.2M
Net Working Capital1.7B5.1B2.0B4.4B4.1B3.4B
Short Term Debt746.8M811.7M135.8M124.5M14.7M14.0M
Intangible Assets715.9M508.0M332.3M1.7B1.5B1.0B
Common Stock237K639K633K630K708K519.5K
Property Plant Equipment42.0M146.8M114.4M54.4M62.6M72.1M
Capital Stock237K639K633K630K708K564.5K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Dada Nexus offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dada Nexus' 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 Dada Nexus Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dada Nexus Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dada Nexus. 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.
For information on how to trade Dada Stock refer to our How to Trade Dada Stock guide.
Note that the Dada Nexus information on this page should be used as a complementary analysis to other Dada Nexus' 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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Is Dada Nexus' 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 Dada Nexus. If investors know Dada 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 Dada Nexus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.04)
Revenue Per Share
39.739
Quarterly Revenue Growth
(0.05)
Return On Assets
(0.09)
Return On Equity
(0.32)
The market value of Dada Nexus is measured differently than its book value, which is the value of Dada that is recorded on the company's balance sheet. Investors also form their own opinion of Dada Nexus' value that differs from its market value or its book value, called intrinsic value, which is Dada Nexus' 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 Dada Nexus' market value can be influenced by many factors that don't directly affect Dada Nexus' 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 Dada Nexus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dada Nexus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dada Nexus' 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.