Dada Good Will vs Short Term Debt Analysis

DADA Stock

USD 2.01 0.08 4.15%

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 Good Will and its Short Term Debt 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.

Good Will vs Short Term Debt

Good Will vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dada Nexus Good Will account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Dada Nexus' Good Will and Short Term Debt is 0.51. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Short Term Debt 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' Good Will and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Dada Nexus are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Good Will i.e., Dada Nexus' Good Will and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.51

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Short Term Debt

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 Amortization	111.0M	515.7M	541.5M
Interest Income	111.0M	127.6M	76.0M

Depreciation And Amortization Interest Income

Dada Nexus fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets
Total Assets		-0.07	0.89	0.92	0.87	-0.77	0.86	0.61	0.68	-0.63	-0.77	0.52	0.57	0.26	-0.24	-0.04	0.92	0.76	-0.4	0.83	0.03	0.74	-0.75	-0.74	0.57	0.4
Short Long Term Debt Total	-0.07		-0.43	-0.24	-0.46	0.13	-0.47	0.28	-0.54	-0.53	0.4	0.6	0.56	-0.21	-0.01	-0.35	0.27	-0.45	0.54	-0.42	-0.91	-0.32	0.59	0.03	-0.53	-0.7
Other Current Liab	0.89	-0.43		0.92	0.96	-0.76	0.95	0.54	0.74	-0.34	-0.82	0.24	0.3	0.17	-0.04	0.24	0.68	0.82	-0.49	0.9	0.37	0.75	-0.92	-0.66	0.71	0.56
Total Current Liabilities	0.92	-0.24	0.92		0.94	-0.74	0.93	0.68	0.69	-0.48	-0.78	0.45	0.46	0.14	-0.07	0.17	0.79	0.79	-0.44	0.88	0.12	0.67	-0.88	-0.73	0.44	0.47
Total Stockholder Equity	0.87	-0.46	0.96	0.94		-0.71	0.99	0.58	0.76	-0.34	-0.81	0.3	0.3	0.25	0.01	0.34	0.68	0.84	-0.51	0.93	0.32	0.69	-0.98	-0.67	0.59	0.59
Other Liab	-0.77	0.13	-0.76	-0.74	-0.71		-0.74	-0.6	-0.78	0.26	0.94	-0.4	-0.13	0.1	0.09	-0.2	-0.61	-0.88	0.51	-0.88	-0.26	-0.87	0.63	0.97	-0.54	-0.48
Net Tangible Assets	0.86	-0.47	0.95	0.93	0.99	-0.74		0.57	0.8	-0.35	-0.84	0.27	0.3	0.17	-0.02	0.35	0.67	0.88	-0.58	0.96	0.33	0.67	-0.97	-0.7	0.59	0.65
Property Plant And Equipment Net	0.61	0.28	0.54	0.68	0.58	-0.6	0.57		0.17	-0.47	-0.44	0.86	0.51	-0.02	0.48	0.5	0.62	0.4	0.11	0.57	-0.38	0.35	-0.54	-0.65	-0.07	-0.13
Current Deferred Revenue	0.68	-0.54	0.74	0.69	0.76	-0.78	0.8	0.17		-0.16	-0.94	-0.09	0.0	-0.04	-0.43	0.07	0.47	0.97	-0.9	0.89	0.57	0.73	-0.72	-0.75	0.69	0.91
Net Debt	-0.63	-0.53	-0.34	-0.48	-0.34	0.26	-0.35	-0.47	-0.16		0.17	-0.55	-0.97	0.09	0.33	0.29	-0.88	-0.24	0.15	-0.3	0.63	-0.02	0.19	0.31	-0.08	-0.03
Retained Earnings	-0.77	0.4	-0.82	-0.78	-0.81	0.94	-0.84	-0.44	-0.94	0.17		-0.17	-0.03	0.03	0.2	-0.21	-0.55	-0.98	0.72	-0.95	-0.47	-0.86	0.76	0.91	-0.65	-0.73
Accounts Payable	0.52	0.6	0.24	0.45	0.3	-0.4	0.27	0.86	-0.09	-0.55	-0.17		0.59	0.2	0.31	0.16	0.63	0.12	0.38	0.28	-0.65	0.25	-0.19	-0.5	-0.28	-0.43
Cash	0.57	0.56	0.3	0.46	0.3	-0.13	0.3	0.51	0.0	-0.97	-0.03	0.59		-0.05	-0.2	-0.25	0.82	0.1	0.01	0.2	-0.71	-0.09	-0.17	-0.18	-0.04	-0.11
Non Current Assets Total	0.26	-0.21	0.17	0.14	0.25	0.1	0.17	-0.02	-0.04	0.09	0.03	0.2	-0.05		0.01	-0.1	0.14	-0.06	0.3	0.03	0.13	0.3	-0.21	0.13	0.15	-0.16
Non Currrent Assets Other	-0.24	-0.01	-0.04	-0.07	0.01	0.09	-0.02	0.48	-0.43	0.33	0.2	0.31	-0.2	0.01		0.83	-0.31	-0.25	0.55	-0.07	-0.11	-0.18	-0.13	0.1	-0.33	-0.47
Other Assets	-0.04	-0.35	0.24	0.17	0.34	-0.2	0.35	0.5	0.07	0.29	-0.21	0.16	-0.25	-0.1	0.83		-0.19	0.22	0.02	0.35	0.18	0.02	-0.48	-0.19	-0.06	0.07
Cash And Short Term Investments	0.92	0.27	0.68	0.79	0.68	-0.61	0.67	0.62	0.47	-0.88	-0.55	0.63	0.82	0.14	-0.31	-0.19		0.57	-0.28	0.64	-0.32	0.48	-0.51	-0.63	0.35	0.22
Net Receivables	0.76	-0.45	0.82	0.79	0.84	-0.88	0.88	0.4	0.97	-0.24	-0.98	0.12	0.1	-0.06	-0.25	0.22	0.57		-0.81	0.97	0.45	0.77	-0.8	-0.86	0.64	0.82
Good Will	-0.4	0.54	-0.49	-0.44	-0.51	0.51	-0.58	0.11	-0.9	0.15	0.72	0.38	0.01	0.3	0.55	0.02	-0.28	-0.81		-0.67	-0.52	-0.38	0.51	0.49	-0.57	-0.98
Common Stock Total Equity	0.83	-0.42	0.9	0.88	0.93	-0.88	0.96	0.57	0.89	-0.3	-0.95	0.28	0.2	0.03	-0.07	0.35	0.64	0.97	-0.67		0.36	0.76	-0.9	-0.85	0.59	0.7
Common Stock Shares Outstanding	0.03	-0.91	0.37	0.12	0.32	-0.26	0.33	-0.38	0.57	0.63	-0.47	-0.65	-0.71	0.13	-0.11	0.18	-0.32	0.45	-0.52	0.36		0.5	-0.41	-0.13	0.65	0.65
Short Term Investments	0.74	-0.32	0.75	0.67	0.69	-0.87	0.67	0.35	0.73	-0.02	-0.86	0.25	-0.09	0.3	-0.18	0.02	0.48	0.77	-0.38	0.76	0.5		-0.61	-0.79	0.67	0.43
Non Current Liabilities Total	-0.75	0.59	-0.92	-0.88	-0.98	0.63	-0.97	-0.54	-0.72	0.19	0.76	-0.19	-0.17	-0.21	-0.13	-0.48	-0.51	-0.8	0.51	-0.9	-0.41	-0.61		0.58	-0.53	-0.62
Capital Surpluse	-0.74	0.03	-0.66	-0.73	-0.67	0.97	-0.7	-0.65	-0.75	0.31	0.91	-0.5	-0.18	0.13	0.1	-0.19	-0.63	-0.86	0.49	-0.85	-0.13	-0.79	0.58		-0.35	-0.44
Inventory	0.57	-0.53	0.71	0.44	0.59	-0.54	0.59	-0.07	0.69	-0.08	-0.65	-0.28	-0.04	0.15	-0.33	-0.06	0.35	0.64	-0.57	0.59	0.65	0.67	-0.53	-0.35		0.62
Other Current Assets	0.4	-0.7	0.56	0.47	0.59	-0.48	0.65	-0.13	0.91	-0.03	-0.73	-0.43	-0.11	-0.16	-0.47	0.07	0.22	0.82	-0.98	0.7	0.65	0.43	-0.62	-0.44	0.62

Click cells to compare fundamentals

Dada Nexus Account Relationship Matchups

Dada Nexus fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.3B	9.5B	5.3B	9.0B	7.6B	7.2B
Other Current Liab	11.6M	1.5B	1.2B	1.7B	1.7B	1.1B
Total Current Liabilities	840.4M	2.4B	1.4B	2.0B	2.0B	1.6B
Total Stockholder Equity	(7.2B)	7.0B	3.8B	7.0B	5.6B	5.8B
Other Liab	43.7M	38.6M	27M	22.0M	19.8M	35.2M
Net Tangible Assets	(8.9B)	5.6B	2.5B	4.4B	5.0B	5.3B
Property Plant And Equipment Net	42.0M	146.8M	114.4M	54.4M	24.7M	23.5M
Current Deferred Revenue	72.0M	99.2M	111.8M	182.4M	280.1M	294.1M
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 Payable	9.9M	13.8M	9.8M	9.8M	5.0M	7.3M
Cash	1.2B	5.5B	512.8M	1.2B	1.9B	1.7B
Non Current Assets Total	1.7B	2.0B	1.8B	2.7B	1.5B	2.2B
Non Currrent Assets Other	5.9M	12.7M	33.2M	8.2M	512K	486.4K
Other Assets	5.9M	12.7M	33.2M	8.2M	9.5M	14.3M
Cash And Short Term Investments	2.1B	6.2B	1.7B	3.9B	3.5B	3.6B
Net Receivables	414.2M	1.0B	1.2B	1.4B	2.1B	2.2B
Short Term Investments	957.4M	770M	1.2B	2.7B	1.6B	1.3B
Liabilities And Stockholders Equity	4.3B	9.5B	5.3B	9.0B	7.6B	7.2B
Non Current Liabilities Total	10.6B	108.1M	73.2M	38.6M	17.4M	16.5M
Inventory	3.9M	5.4M	6.3M	8.8M	9.3M	7.5M
Other Current Assets	34.6M	175.6M	479.0M	606.5M	2.2B	2.3B
Other Stockholder Equity	(10.3B)	16.4B	15.7B	20.6B	21.0B	22.1B
Total Liab	11.5B	2.5B	1.5B	2.0B	2.0B	1.9B
Net Invested Capital	(7.2B)	7.8B	3.9B	7.1B	5.6B	5.8B
Property Plant And Equipment Gross	42.0M	146.8M	114.4M	54.4M	117.3M	80.2M
Total Current Assets	2.6B	7.5B	3.4B	6.4B	6.1B	5.0B
Accumulated Other Comprehensive Income	139.7M	(70.3M)	(109.8M)	223.7M	313.5M	329.2M
Net Working Capital	1.7B	5.1B	2.0B	4.4B	4.1B	3.4B
Short Term Debt	746.8M	811.7M	135.8M	124.5M	14.7M	14.0M
Intangible Assets	715.9M	508.0M	332.3M	1.7B	1.5B	1.0B
Common Stock	237K	639K	633K	630K	708K	519.5K
Property Plant Equipment	42.0M	146.8M	114.4M	54.4M	62.6M	72.1M
Capital Stock	237K	639K	633K	630K	708K	564.5K

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dada Nexus in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dada Nexus' short interest history, or implied volatility extrapolated from Dada Nexus options trading.

Pair Trading with Dada Nexus

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

The ability to find closely correlated positions to Dada Nexus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dada Nexus 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 Dada Nexus - 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 Dada Nexus to buy it.

The correlation of Dada Nexus 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 Dada Nexus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dada Nexus 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 Dada Nexus 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 Correlation Correlation Matching

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:

How To Invest In Dada

Details

Is Dada Stock a good investment?

Details

What is Dada Nexus' Net Worth?

Details

Largest Consumer Staples Distribution & Retail Companies

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Largest Consumer Cyclical Companies

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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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Dada Stock analysis

When running Dada Nexus' price analysis, check to measure Dada Nexus' 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 Dada Nexus is operating at the current time. Most of Dada Nexus' value examination focuses on studying past and present price action to predict the probability of Dada Nexus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dada Nexus' price. Additionally, you may evaluate how the addition of Dada Nexus to your portfolios can decrease your overall portfolio volatility.

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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

40.382

Quarterly Revenue Growth

(0.16)

Return On Assets

(0.09)

Return On Equity

(0.31)

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.

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Dada Good Will vs Short Term Debt Analysis

Good Will vs Short Term Debt

Good Will vs Short Term Debt Correlation Analysis

Correlation Coefficient

Good Will

Short Term Debt

Dada Nexus fundamental ratios Correlations

Dada Nexus Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dada Nexus fundamental ratios Accounts

Pair Trading with Dada Nexus

Complementary Tools for Dada Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 0.99	Total Stockholder Equity
Capital Surpluse	+ 0.97	Other Liab
Net Receivables	+ 0.97	Current Deferred Revenue
Common Stock Total Equity	+ 0.97	Net Receivables
Total Stockholder Equity	+ 0.96	Other Current Liab
Common Stock Total Equity	+ 0.96	Net Tangible Assets

Other Current Assets	- 0.98	Good Will
Net Receivables	- 0.98	Retained Earnings
Non Current Liabilities Total	- 0.98	Total Stockholder Equity
Cash	- 0.97	Net Debt
Non Current Liabilities Total	- 0.97	Net Tangible Assets
Common Stock Total Equity	- 0.95	Retained Earnings