Ducommun Deferred Long Term Liab vs Net Receivables Analysis

DCO Stock  USD 53.94  0.11  0.20%   
Ducommun Incorporated financial indicator trend analysis is much more than just examining Ducommun Incorporated latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ducommun Incorporated is a good investment. Please check the relationship between Ducommun Incorporated Deferred Long Term Liab and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ducommun Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Ducommun Stock, please use our How to Invest in Ducommun Incorporated guide.

Deferred Long Term Liab vs Net Receivables

Deferred Long Term Liab vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ducommun Incorporated Deferred Long Term Liab account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ducommun Incorporated's Deferred Long Term Liab and Net Receivables is -0.37. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Ducommun Incorporated, assuming nothing else is changed. The correlation between historical values of Ducommun Incorporated's Deferred Long Term Liab and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Ducommun Incorporated are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Deferred Long Term Liab i.e., Ducommun Incorporated's Deferred Long Term Liab and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Net Receivables

Most indicators from Ducommun Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ducommun Incorporated 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 Ducommun Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Ducommun Stock, please use our How to Invest in Ducommun Incorporated guide.At this time, Ducommun Incorporated's Selling General Administrative is very stable compared to the past year. As of the 27th of April 2024, Tax Provision is likely to grow to about 2.4 M, while Enterprise Value is likely to drop about 111.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit142.5M144.3M163.2M84.0M
Total Revenue645.4M712.5M757.0M395.2M

Ducommun Incorporated fundamental ratios Correlations

0.680.010.920.910.540.570.930.760.960.160.760.850.650.240.870.080.750.760.810.960.390.50.550.730.71
0.68-0.070.470.320.390.970.390.790.770.080.790.310.440.810.470.390.130.980.280.54-0.060.80.480.20.19
0.01-0.070.150.04-0.05-0.20.060.26-0.140.210.260.19-0.22-0.06-0.03-0.260.0-0.05-0.030.16-0.2-0.18-0.090.010.02
0.920.470.150.930.560.340.950.650.820.150.650.970.570.020.76-0.170.760.570.770.960.490.250.570.750.72
0.910.320.040.930.470.20.990.540.810.20.540.930.58-0.150.86-0.150.910.430.910.950.60.170.40.830.82
0.540.39-0.050.560.470.320.550.460.56-0.510.460.510.870.390.21-0.120.20.440.340.480.260.570.910.720.66
0.570.97-0.20.340.20.320.250.610.690.080.610.170.410.820.380.450.060.930.150.39-0.130.810.430.120.11
0.930.390.060.950.990.550.250.620.840.10.620.940.62-0.060.83-0.150.830.490.880.960.570.240.490.810.79
0.760.790.260.650.540.460.610.620.720.051.00.580.390.540.550.130.280.810.510.740.140.560.450.350.32
0.960.77-0.140.820.810.560.690.840.720.060.720.70.730.390.820.20.640.840.710.860.290.660.620.670.65
0.160.080.210.150.2-0.510.080.10.050.060.050.18-0.48-0.170.480.20.40.050.240.260.17-0.19-0.5-0.010.07
0.760.790.260.650.540.460.610.621.00.720.050.580.390.540.550.130.280.810.510.740.140.560.450.350.32
0.850.310.190.970.930.510.170.940.580.70.180.580.48-0.160.71-0.330.810.390.810.930.610.060.440.770.74
0.650.44-0.220.570.580.870.410.620.390.73-0.480.390.480.370.410.070.380.530.470.530.150.670.840.780.73
0.240.81-0.060.02-0.150.390.82-0.060.540.39-0.170.54-0.160.370.050.57-0.370.78-0.190.07-0.430.90.49-0.05-0.07
0.870.47-0.030.760.860.210.380.830.550.820.480.550.710.410.050.210.830.560.790.870.410.330.20.630.65
0.080.39-0.26-0.17-0.15-0.120.45-0.150.130.20.20.13-0.330.070.570.21-0.170.41-0.14-0.05-0.470.580.05-0.12-0.09
0.750.130.00.760.910.20.060.830.280.640.40.280.810.38-0.370.83-0.170.210.890.80.6-0.040.110.780.8
0.760.98-0.050.570.430.440.930.490.810.840.050.810.390.530.780.560.410.210.340.62-0.080.830.570.290.27
0.810.28-0.030.770.910.340.150.880.510.710.240.510.810.47-0.190.79-0.140.890.340.840.580.120.20.760.76
0.960.540.160.960.950.480.390.960.740.860.260.740.930.530.070.87-0.050.80.620.840.470.30.440.740.72
0.39-0.06-0.20.490.60.26-0.130.570.140.290.170.140.610.15-0.430.41-0.470.6-0.080.580.47-0.260.040.510.5
0.50.8-0.180.250.170.570.810.240.560.66-0.190.560.060.670.90.330.58-0.040.830.120.3-0.260.660.30.28
0.550.48-0.090.570.40.910.430.490.450.62-0.50.450.440.840.490.20.050.110.570.20.440.040.660.570.51
0.730.20.010.750.830.720.120.810.350.67-0.010.350.770.78-0.050.63-0.120.780.290.760.740.510.30.570.99
0.710.190.020.720.820.660.110.790.320.650.070.320.740.73-0.070.65-0.090.80.270.760.720.50.280.510.99
Click cells to compare fundamentals

Ducommun Incorporated Account Relationship Matchups

Ducommun Incorporated fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets790.4M837.3M978.7M1.0B1.1B1.2B
Short Long Term Debt Total328.4M336.6M320.6M282.8M295.6M310.4M
Other Current Liab37.6M40.5M41.3M48.8M42.3M30.2M
Total Current Liabilities144.7M142.9M162.6M199.4M183.7M192.9M
Total Stockholder Equity292.8M329.3M474.6M526.0M636.1M667.9M
Property Plant And Equipment Net134.3M126.3M135.7M140.9M140.9M73.3M
Net Debt288.8M280.1M244.3M236.6M252.7M265.4M
Retained Earnings212.6M241.7M377.3M406.1M422.0M443.1M
Cash39.6M56.5M76.3M46.2M42.9M45.0M
Non Current Assets Total449.7M427.1M486.2M494.2M571.4M599.9M
Non Currrent Assets Other6.0M5.1M5.0M8.8M18.9M19.8M
Cash And Short Term Investments39.6M56.5M76.3M46.2M42.9M45.0M
Net Receivables173.8M212.1M248.7M295.2M282.4M296.5M
Common Stock Shares Outstanding11.8M11.9M12.3M12.4M14.0M10.5M
Liabilities And Stockholders Equity790.4M837.3M978.7M1.0B1.1B1.2B
Non Current Liabilities Total352.9M365.1M341.6M296.1M301.1M154.6M
Inventory112.5M129.2M150.9M171.2M207.0M217.3M
Other Current Assets5.5M5.6M8.6M8.9M17.3M9.7M
Other Stockholder Equity88.4M97.1M104.3M112.0M206.2M216.5M
Total Liab497.6M508.0M504.1M495.5M484.8M509.1M
Property Plant And Equipment Gross134.3M126.3M303.8M140.9M322.3M338.4M
Total Current Assets340.8M410.3M492.6M527.3M549.6M577.0M
Accumulated Other Comprehensive Income(8.3M)(9.6M)(7.0M)7.7M7.8M8.2M
Short Term Debt10.0M10.1M13.1M13.4M15.7M16.5M
Intangible Assets138.4M124.7M141.8M127.2M166.3M83.2M
Accounts Payable82.6M64.0M66.1M90.1M72.3M36.4M
Common Stock Total Equity116K117K119K121K139.2K118.1K
Common Stock116K117K119K121K146K119.8K
Other Liab32.5M34.1M38.6M25.6M29.4M21.8M
Other Assets6.1M21.5M5.0M22.7M26.1M27.4M
Long Term Debt300.9M311.9M279.4M240.6M257.0M190.8M
Good Will170.9M170.8M203.7M203.4M244.6M133.4M
Property Plant Equipment115.2M110.0M102.4M106.2M122.2M89.7M
Net Tangible Assets(16.5M)33.8M129.1M195.4M224.7M235.9M
Current Deferred Revenue14.5M28.3M42.1M47.1M53.5M56.2M
Retained Earnings Total Equity212.6M241.7M377.3M406.1M467.0M490.3M
Long Term Debt Total300.9M311.9M279.4M240.6M216.5M213.4M
Capital Surpluse88.4M97.1M104.3M112.0M128.8M94.0M
Deferred Long Term Liab16.8M17.0M18.7M14.0M12.6M20.0M
Non Current Liabilities Other35.3M36.2M43.5M41.6M16.4M29.5M

Ducommun Incorporated Investors Sentiment

The influence of Ducommun Incorporated's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Ducommun. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Ducommun Incorporated's public news can be used to forecast risks associated with an investment in Ducommun. The trend in average sentiment can be used to explain how an investor holding Ducommun can time the market purely based on public headlines and social activities around Ducommun Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ducommun Incorporated's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ducommun Incorporated's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Ducommun Incorporated's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Ducommun Incorporated.
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 Ducommun Incorporated 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, Ducommun Incorporated's short interest history, or implied volatility extrapolated from Ducommun Incorporated options trading.

Pair Trading with Ducommun Incorporated

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 Ducommun Incorporated 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 Ducommun Incorporated will appreciate offsetting losses from the drop in the long position's value.

Moving against Ducommun Stock

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The ability to find closely correlated positions to Ducommun Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ducommun Incorporated 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 Ducommun Incorporated - 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 Ducommun Incorporated to buy it.
The correlation of Ducommun Incorporated 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 Ducommun Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ducommun Incorporated 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 Ducommun Incorporated 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 CorrelationCorrelation Matching
When determining whether Ducommun Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ducommun Incorporated'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 Ducommun Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ducommun Incorporated Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ducommun Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Ducommun Stock, please use our How to Invest in Ducommun Incorporated guide.
Note that the Ducommun Incorporated information on this page should be used as a complementary analysis to other Ducommun Incorporated'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Ducommun Incorporated's price analysis, check to measure Ducommun Incorporated'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 Ducommun Incorporated is operating at the current time. Most of Ducommun Incorporated's value examination focuses on studying past and present price action to predict the probability of Ducommun Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ducommun Incorporated's price. Additionally, you may evaluate how the addition of Ducommun Incorporated to your portfolios can decrease your overall portfolio volatility.
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Is Ducommun Incorporated'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 Ducommun Incorporated. If investors know Ducommun 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 Ducommun Incorporated 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
(0.47)
Earnings Share
1.14
Revenue Per Share
55.186
Quarterly Revenue Growth
0.021
Return On Assets
0.0263
The market value of Ducommun Incorporated is measured differently than its book value, which is the value of Ducommun that is recorded on the company's balance sheet. Investors also form their own opinion of Ducommun Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Ducommun Incorporated'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 Ducommun Incorporated's market value can be influenced by many factors that don't directly affect Ducommun Incorporated'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 Ducommun Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ducommun Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ducommun Incorporated'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.