Dada Short Term Investments vs Common Stock Shares Outstanding Analysis

DADA Stock  USD 1.73  0.06  3.35%   
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 Short Term Investments and its Common Stock Shares Outstanding 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.

Short Term Investments vs Common Stock Shares Outstanding

Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dada Nexus Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dada Nexus' Short Term Investments and Common Stock Shares Outstanding is 0.5. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding 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' Short Term Investments and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Dada Nexus are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Short Term Investments i.e., Dada Nexus' Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Investments

Short Term Investments is an item under the current assets section of Dada Nexus balance sheet. It contains any investments Dada Nexus undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Dada Nexus can easily liquidate in the marketplace.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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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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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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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
(0.03)
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.