Dave Historical Income Statement
| DAVE Stock | USD 35.03 0.41 1.18% |
Historical analysis of Dave income statement accounts such as Depreciation And Amortization of 5.8 M or Interest Expense of 12.4 M can show how well Dave Inc performed in making a profits. Evaluating Dave income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Dave's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Dave Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Dave Inc is a good buy for the upcoming year.
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About Dave Income Statement Analysis
Dave Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Dave shareholders. The income statement also shows Dave investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Dave Income Statement Chart
Dave Inc Income Statement is one of the three primary financial statements used for reporting Dave's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Dave Inc revenue and expense. Dave Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Dave's Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Depreciation And Amortization is expected to grow to about 5.8 M, whereas Selling General Administrative is forecasted to decline to about 61.4 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Dave Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Dave Inc minus its cost of goods sold. It is profit before Dave operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Dave's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Dave Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Dave 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 real. At present, Dave's Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Depreciation And Amortization is expected to grow to about 5.8 M, whereas Selling General Administrative is forecasted to decline to about 61.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 129.5M | 172.9M | 135.3M | 131.7M | Total Revenue | 153M | 204.8M | 259.1M | 179.3M |
Dave income statement Correlations
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Dave Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Dave
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 Dave 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 Dave will appreciate offsetting losses from the drop in the long position's value.Moving together with Dave Stock
| 0.78 | DJCO | Daily Journal Corp | PairCorr |
| 0.69 | BL | Blackline Financial Report 2nd of May 2024 | PairCorr |
Moving against Dave Stock
| 0.91 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
| 0.85 | DT | Dynatrace Holdings LLC Financial Report 15th of May 2024 | PairCorr |
| 0.85 | WK | Workiva Financial Report 7th of May 2024 | PairCorr |
| 0.79 | PD | Pagerduty Downward Rally | PairCorr |
| 0.77 | EB | Eventbrite Class A Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Dave could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dave 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 Dave - 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 Dave Inc to buy it.
The correlation of Dave 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 Dave moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dave Inc 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 Dave 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dave 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 real. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Dave Stock analysis
When running Dave's price analysis, check to measure Dave'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 Dave is operating at the current time. Most of Dave's value examination focuses on studying past and present price action to predict the probability of Dave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dave's price. Additionally, you may evaluate how the addition of Dave to your portfolios can decrease your overall portfolio volatility.
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Is Dave'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 Dave. If investors know Dave 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 Dave listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.07) | Revenue Per Share 21.709 | Quarterly Revenue Growth 0.225 | Return On Assets (0.09) | Return On Equity (0.50) |
The market value of Dave Inc is measured differently than its book value, which is the value of Dave that is recorded on the company's balance sheet. Investors also form their own opinion of Dave's value that differs from its market value or its book value, called intrinsic value, which is Dave'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 Dave's market value can be influenced by many factors that don't directly affect Dave'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 Dave's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dave is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dave'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.