Dennys Property Plant And Equipment Net vs Short Term Debt Analysis
| DENN Stock | USD 8.07 0.18 2.18% |
Dennys Corp financial indicator trend analysis is much more than just examining Dennys Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dennys Corp is a good investment. Please check the relationship between Dennys Corp Property Plant And Equipment Net and its Short Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dennys Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Dennys Stock, please use our How to Invest in Dennys Corp guide.
Property Plant And Equipment Net vs Short Term Debt
Property Plant And Equipment Net vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dennys Corp Property Plant And Equipment Net account and Short Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dennys Corp's Property Plant And Equipment Net and Short Term Debt is 0.98. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Dennys Corp, assuming nothing else is changed. The correlation between historical values of Dennys Corp's Property Plant And Equipment Net 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 Property Plant And Equipment Net of Dennys Corp 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 Property Plant And Equipment Net i.e., Dennys Corp's Property Plant And Equipment Net and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Short Term Debt
Most indicators from Dennys Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dennys Corp 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 Dennys Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Dennys Stock, please use our How to Invest in Dennys Corp guide.At this time, Dennys Corp's Tax Provision is very stable compared to the past year. As of the 27th of April 2024, Enterprise Value is likely to grow to about 557.9 M, while Selling General Administrative is likely to drop about 67.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 398.2M | 456.4M | 463.9M | 440.7M | Interest Expense | 15.1M | 13.8M | 17.6M | 16.7M |
Dennys Corp fundamental ratios Correlations
Click cells to compare fundamentals
Dennys Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dennys Corp fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 460.4M | 430.9M | 435.5M | 498.3M | 464.8M | 809.2M | |
| Short Long Term Debt Total | 425.5M | 379.8M | 324.8M | 411.5M | 395.3M | 693.2M | |
| Other Current Liab | 50.8M | 40.3M | 57.0M | 49.1M | 55.2M | 94.0M | |
| Total Current Liabilities | 95.6M | 77.2M | 97.5M | 93.7M | 103.3M | 195.6M | |
| Total Stockholder Equity | (138.1M) | (130.4M) | (65.3M) | (37.1M) | (62.7M) | (65.8M) | |
| Property Plant And Equipment Net | 267.9M | 235.5M | 227.6M | 227.0M | 216.4M | 405.8M | |
| Net Debt | 422.2M | 375.9M | 294.2M | 407.9M | 390.4M | 664.5M | |
| Retained Earnings | (189.4M) | (194.5M) | (116.4M) | (41.7M) | (21.8M) | (22.9M) | |
| Accounts Payable | 20.3M | 12.0M | 15.6M | 19.9M | 24.1M | 47.1M | |
| Cash | 3.4M | 3.9M | 30.6M | 3.5M | 4.9M | 4.6M | |
| Non Current Assets Total | 407.7M | 382.3M | 366.3M | 448.0M | 420.8M | 714.6M | |
| Non Currrent Assets Other | 33.9M | 34.6M | 37.1M | 33.1M | (48.4M) | (46.0M) | |
| Cash And Short Term Investments | 7.0M | 6.2M | 33.2M | 5.3M | 6.2M | 5.9M | |
| Net Receivables | 27.5M | 21.3M | 19.6M | 25.6M | 21.4M | 21.5M | |
| Common Stock Shares Outstanding | 61.8M | 60.8M | 65.6M | 60.9M | 56.2M | 73.3M | |
| Liabilities And Stockholders Equity | 460.4M | 430.9M | 435.5M | 498.3M | 464.8M | 809.2M | |
| Non Current Liabilities Total | 502.9M | 484.2M | 403.3M | 441.8M | 424.2M | 812.9M | |
| Inventory | 1.3M | 1.2M | 5.1M | 5.5M | 2.2M | 2.1M | |
| Other Current Assets | 16.3M | 20.0M | 11.4M | 12.5M | 14.3M | 24.0M | |
| Other Stockholder Equity | 84.2M | 123.8M | 105.0M | 46.7M | 228K | 216.6K | |
| Total Liab | 598.5M | 561.4M | 500.8M | 535.5M | 527.5M | 1.0B | |
| Property Plant And Equipment Gross | 267.9M | 235.5M | 227.6M | 227.0M | 384.5M | 405.7M | |
| Total Current Assets | 52.7M | 48.7M | 69.2M | 50.3M | 44.1M | 41.8M | |
| Accumulated Other Comprehensive Income | (34.0M) | (60.4M) | (54.5M) | (42.7M) | (41.7M) | (43.7M) | |
| Short Term Debt | 18.0M | 18.7M | 17.8M | 17.0M | 16.2M | 15.4M | |
| Intangible Assets | 54.0M | 51.6M | 50.2M | 95.0M | 93.4M | 88.8M | |
| Current Deferred Revenue | 6.5M | 6.1M | 7.2M | 7.7M | 7.8M | 7.4M | |
| Common Stock Total Equity | 1.1M | 1.1M | 640K | 642K | 577.8K | 548.9K | |
| Common Stock | 1.1M | 640K | 642K | 650K | 529K | 502.6K | |
| Good Will | 39.8M | 36.8M | 36.9M | 72.7M | 65.9M | 58.0M | |
| Short Term Investments | 3.6M | 2.3M | 2.6M | 1.7M | 1.3M | 1.2M | |
| Other Liab | 50.6M | 123.2M | 96.2M | 47.3M | 42.6M | 56.3M | |
| Other Assets | 49.0M | 293.8M | 51.6M | 40.5M | 46.6M | 63.9M | |
| Long Term Debt | 240M | 210M | 170M | 261.5M | 255.5M | 261.7M | |
| Property Plant Equipment | 267.9M | 235.5M | 227.6M | 227.0M | 204.3M | 165.4M | |
| Treasury Stock | (355.6M) | (416.8M) | (519.8M) | (30.6M) | (27.5M) | (28.9M) | |
| Net Tangible Assets | (228.9M) | (218.9M) | (152.4M) | (204.9M) | (184.4M) | (193.6M) | |
| Retained Earnings Total Equity | (306.4M) | (189.4M) | (194.5M) | (116.4M) | (133.9M) | (140.6M) | |
| Long Term Debt Total | 313.7M | 240M | 210M | 170M | 195.5M | 242.3M | |
| Capital Surpluse | 592.9M | 604.0M | 123.8M | 135.6M | 122.0M | 115.9M |
Pair Trading with Dennys Corp
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 Dennys Corp 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 Dennys Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Dennys Stock
| 0.73 | WH | Wyndham Hotels Resorts | PairCorr |
Moving against Dennys Stock
| 0.91 | CMG | Chipotle Mexican Grill | PairCorr |
| 0.89 | WING | Wingstop Financial Report 1st of May 2024 | PairCorr |
| 0.81 | BH | Biglari Holdings Earnings Call This Week | PairCorr |
| 0.78 | SG | Sweetgreen Buyout Trend | PairCorr |
| 0.74 | H | Hyatt Hotels Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Dennys Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dennys Corp 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 Dennys Corp - 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 Dennys Corp to buy it.
The correlation of Dennys Corp 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 Dennys Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dennys Corp 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 Dennys Corp 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 Dennys Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Dennys Stock, please use our How to Invest in Dennys Corp guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Dennys Stock analysis
When running Dennys Corp's price analysis, check to measure Dennys Corp'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 Dennys Corp is operating at the current time. Most of Dennys Corp's value examination focuses on studying past and present price action to predict the probability of Dennys Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dennys Corp's price. Additionally, you may evaluate how the addition of Dennys Corp to your portfolios can decrease your overall portfolio volatility.
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Is Dennys Corp'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 Dennys Corp. If investors know Dennys 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 Dennys Corp 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 (0.78) | Earnings Share 0.35 | Revenue Per Share 8.287 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0831 |
The market value of Dennys Corp is measured differently than its book value, which is the value of Dennys that is recorded on the company's balance sheet. Investors also form their own opinion of Dennys Corp's value that differs from its market value or its book value, called intrinsic value, which is Dennys Corp'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 Dennys Corp's market value can be influenced by many factors that don't directly affect Dennys Corp'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 Dennys Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dennys Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dennys Corp'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.