Dana Non Currrent Assets Other vs Non Current Assets Total Analysis

DAN Stock  USD 14.03  0.09  0.64%   
Dana financial indicator trend analysis is much more than just examining Dana Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dana Inc is a good investment. Please check the relationship between Dana Non Currrent Assets Other and its Non Current Assets Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dana Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Non Currrent Assets Other vs Non Current Assets Total

Non Currrent Assets Other vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dana Inc Non Currrent Assets Other account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dana's Non Currrent Assets Other and Non Current Assets Total is -0.45. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Dana Inc, assuming nothing else is changed. The correlation between historical values of Dana's Non Currrent Assets Other and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Dana Inc are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Currrent Assets Other i.e., Dana's Non Currrent Assets Other and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Dana's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dana Inc 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 Dana Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At this time, Dana's Discontinued Operations is very stable compared to the past year. As of the 18th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.07, while Selling General Administrative is likely to drop about 453.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit837M763M900M834.3M
Total Revenue8.9B10.2B10.6B8.3B

Dana fundamental ratios Correlations

0.910.640.950.620.960.80.27-0.170.96-0.45-0.210.97-0.050.930.850.490.270.970.690.91-0.230.17-0.510.86-0.62
0.910.650.870.340.940.930.44-0.280.9-0.53-0.30.84-0.370.940.830.460.120.950.660.78-0.22-0.21-0.350.84-0.5
0.640.650.730.420.740.740.62-0.580.65-0.51-0.610.68-0.430.470.830.05-0.290.610.720.510.34-0.010.170.770.08
0.950.870.730.520.930.80.34-0.30.9-0.48-0.340.97-0.120.840.910.420.110.950.780.88-0.110.13-0.410.91-0.5
0.620.340.420.520.550.340.15-0.150.61-0.06-0.220.620.260.340.550.390.140.430.30.530.270.72-0.140.48-0.19
0.960.940.740.930.550.920.48-0.40.97-0.5-0.440.93-0.260.880.910.490.110.940.650.79-0.130.02-0.30.92-0.45
0.80.930.740.80.340.920.68-0.60.86-0.51-0.610.77-0.550.770.890.47-0.10.820.570.59-0.03-0.28-0.040.88-0.21
0.270.440.620.340.150.480.68-0.920.49-0.4-0.920.24-0.80.170.510.04-0.710.260.39-0.090.41-0.330.580.440.42
-0.17-0.28-0.58-0.3-0.15-0.4-0.6-0.92-0.360.210.99-0.220.67-0.01-0.53-0.110.71-0.15-0.280.14-0.480.21-0.65-0.46-0.53
0.960.90.650.90.610.970.860.49-0.36-0.45-0.40.9-0.20.880.820.420.080.930.690.74-0.150.11-0.340.81-0.5
-0.45-0.53-0.51-0.48-0.06-0.5-0.51-0.40.21-0.450.22-0.450.48-0.48-0.46-0.220.07-0.5-0.32-0.390.150.220.09-0.490.15
-0.21-0.3-0.61-0.34-0.22-0.44-0.61-0.920.99-0.40.22-0.260.65-0.04-0.56-0.110.69-0.18-0.30.1-0.490.16-0.63-0.5-0.5
0.970.840.680.970.620.930.770.24-0.220.9-0.45-0.26-0.030.860.90.510.250.940.660.92-0.190.24-0.460.91-0.56
-0.05-0.37-0.43-0.120.26-0.26-0.55-0.80.67-0.20.480.65-0.03-0.1-0.290.010.65-0.12-0.20.18-0.260.63-0.57-0.27-0.46
0.930.940.470.840.340.880.770.17-0.010.88-0.48-0.040.86-0.10.70.450.390.970.590.86-0.49-0.09-0.630.74-0.76
0.850.830.830.910.550.910.890.51-0.530.82-0.46-0.560.9-0.290.70.53-0.010.820.630.750.10.05-0.120.98-0.22
0.490.460.050.420.390.490.470.04-0.110.42-0.22-0.110.510.010.450.530.360.44-0.140.51-0.180.09-0.280.57-0.33
0.270.12-0.290.110.140.11-0.1-0.710.710.080.070.690.250.650.39-0.010.360.26-0.270.49-0.680.15-0.810.09-0.77
0.970.950.610.950.430.940.820.26-0.150.93-0.5-0.180.94-0.120.970.820.440.260.710.89-0.330.0-0.550.84-0.67
0.690.660.720.780.30.650.570.39-0.280.69-0.32-0.30.66-0.20.590.63-0.14-0.270.710.590.10.08-0.20.55-0.26
0.910.780.510.880.530.790.59-0.090.140.74-0.390.10.920.180.860.750.510.490.890.59-0.310.25-0.680.78-0.71
-0.23-0.220.34-0.110.27-0.13-0.030.41-0.48-0.150.15-0.49-0.19-0.26-0.490.1-0.18-0.68-0.330.1-0.310.230.78-0.010.79
0.17-0.21-0.010.130.720.02-0.28-0.330.210.110.220.160.240.63-0.090.050.090.150.00.080.250.23-0.170.0-0.09
-0.51-0.350.17-0.41-0.14-0.3-0.040.58-0.65-0.340.09-0.63-0.46-0.57-0.63-0.12-0.28-0.81-0.55-0.2-0.680.78-0.17-0.20.97
0.860.840.770.910.480.920.880.44-0.460.81-0.49-0.50.91-0.270.740.980.570.090.840.550.78-0.010.0-0.2-0.3
-0.62-0.50.08-0.5-0.19-0.45-0.210.42-0.53-0.50.15-0.5-0.56-0.46-0.76-0.22-0.33-0.77-0.67-0.26-0.710.79-0.090.97-0.3
Click cells to compare fundamentals

Dana Account Relationship Matchups

Dana fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.2B7.4B7.6B7.4B8.0B6.9B
Short Long Term Debt Total2.6B2.7B2.7B2.7B3.0B2.3B
Other Current Liab508M526M521M517M697M511.7M
Total Current Liabilities1.8B1.9B2.2B2.5B2.6B2.2B
Total Stockholder Equity1.9B1.8B1.9B1.6B1.6B1.5B
Property Plant And Equipment Net2.4B2.4B2.4B2.5B2.6B2.0B
Net Debt2.0B2.1B2.4B2.3B2.5B1.3B
Retained Earnings622M530M662M321M317M623.5M
Cash508M559M268M425M529M530.5M
Non Current Assets Total4.1B4.1B4.0B3.6B3.9B3.8B
Cash And Short Term Investments527M580M285M425M529M566.1M
Net Receivables1.3B1.4B1.5B1.6B1.7B1.3B
Common Stock Shares Outstanding145.1M144.5M146.2M143.6M144.6M149.5M
Liabilities And Stockholders Equity7.2B7.4B7.6B7.4B8.0B6.9B
Non Current Liabilities Total3.2B3.4B3.3B3.2B3.5B3.0B
Inventory1.2B1.1B1.6B1.6B1.7B1.0B
Other Current Assets137M127M196M219M69M65.6M
Other Stockholder Equity2.2B2.3B2.2B2.2B2.2B1.3B
Total Liab5.1B5.4B5.5B5.7B6.1B5.3B
Property Plant And Equipment Gross2.4B2.4B2.4B2.5B5.8B6.1B
Total Current Assets3.2B3.3B3.6B3.8B4.1B3.2B
Accumulated Other Comprehensive Income(987M)(1.0B)(985M)(1.0B)(990M)(1.0B)
Short Term Debt76M77M74M96M99M94.1M
Intangible Assets240M236M233M201M182M268.7M
Other Assets700M1.1B711M520M468M510.1M
Accounts Payable1.3B1.3B1.6B1.8B1.8B1.0B
Short Term Investments40M21M19M17M15.3M14.5M
Other Liab693M847M690M536M482.4M458.3M
Long Term Debt2.3B2.4B2.4B2.3B2.6B1.8B
Good Will493M479M482M259M263M266.3M
Property Plant Equipment2.3B2.4B2.4B2.5B2.3B1.5B
Treasury Stock(119M)(150M)(156M)(184M)(165.6M)(157.3M)
Net Tangible Assets1.3B1.2B1.4B1.7B2.0B1.1B
Noncontrolling Interest In Consolidated Entity95M76M53M52M46.8M71.5M

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When determining whether Dana Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dana'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 Dana Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dana Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dana Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Dana Inc information on this page should be used as a complementary analysis to other Dana's 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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When running Dana's price analysis, check to measure Dana'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 Dana is operating at the current time. Most of Dana's value examination focuses on studying past and present price action to predict the probability of Dana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dana's price. Additionally, you may evaluate how the addition of Dana to your portfolios can decrease your overall portfolio volatility.
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Is Dana'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 Dana. If investors know Dana 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 Dana listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.90)
Dividend Share
0.4
Earnings Share
0.09
Revenue Per Share
73.611
Quarterly Revenue Growth
0.034
The market value of Dana Inc is measured differently than its book value, which is the value of Dana that is recorded on the company's balance sheet. Investors also form their own opinion of Dana's value that differs from its market value or its book value, called intrinsic value, which is Dana'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 Dana's market value can be influenced by many factors that don't directly affect Dana'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 Dana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dana'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.