Despegar Asset Turnover vs Enterprise Value Analysis
DESP Stock | USD 11.32 0.02 0.18% |
Despegar Corp financial indicator trend analysis is much more than just examining Despegar Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Despegar Corp is a good investment. Please check the relationship between Despegar Corp Asset Turnover and its Enterprise Value accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Despegar 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 state. To learn how to invest in Despegar Stock, please use our How to Invest in Despegar Corp guide.
Asset Turnover vs Enterprise Value
Asset Turnover vs Enterprise Value Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Despegar Corp Asset Turnover account and Enterprise Value. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Despegar Corp's Asset Turnover and Enterprise Value is 0.89. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Enterprise Value in the same time period over historical financial statements of Despegar Corp, assuming nothing else is changed. The correlation between historical values of Despegar Corp's Asset Turnover and Enterprise Value is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Despegar Corp are associated (or correlated) with its Enterprise Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Enterprise Value has no effect on the direction of Asset Turnover i.e., Despegar Corp's Asset Turnover and Enterprise Value go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Enterprise Value
Enterprise Value (or EV) is usually referred to as Despegar Corp theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Despegar Corp debt, but would also pocket its cash. Enterprise Value is more accurate representation of Despegar Corp value than its market capitalization because it takes into account all of Despegar Corp existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Most indicators from Despegar Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Despegar 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 Despegar 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 state. To learn how to invest in Despegar Stock, please use our How to Invest in Despegar Corp guide.At this time, Despegar Corp's Tax Provision is relatively stable compared to the past year. As of 04/19/2024, Sales General And Administrative To Revenue is likely to grow to 0.20, while Enterprise Value Multiple is likely to drop 3.91.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 44.6M | 41.1M | 36.5M | 31.4M | Interest Income | 6.0M | 18.0M | 20.7M | 21.7M |
Despegar Corp fundamental ratios Correlations
Click cells to compare fundamentals
Despegar Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Despegar Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 767.8M | 844.7M | 823.7M | 804.2M | 902.9M | 775.4M | |
Short Long Term Debt Total | 26.8M | 53.2M | 54.6M | 58.3M | 53.8M | 36.1M | |
Other Current Liab | 150.0M | 95.1M | 122.9M | 159.2M | 197.4M | 147.3M | |
Total Current Liabilities | 444.1M | 385.5M | 473.8M | 564.5M | 671.1M | 474.7M | |
Total Stockholder Equity | 194.2M | 92.9M | (29.5M) | (127.2M) | (121.3M) | (115.2M) | |
Other Liab | 127.2M | 131.7M | 180.4M | 174.5M | 200.7M | 164.0M | |
Net Tangible Assets | 173.9M | 97.7M | (126.0M) | (239.9M) | (215.9M) | (205.1M) | |
Property Plant And Equipment Net | 29.1M | 54.2M | 41.8M | 38.0M | 38.4M | 32.5M | |
Current Deferred Revenue | 8.9M | 9.3M | 13.6M | 23.3M | 31.8M | 16.7M | |
Net Debt | (282.4M) | (281.3M) | (191.5M) | (160.9M) | (186.7M) | (196.1M) | |
Retained Earnings | (326.5M) | (468.0M) | (572.6M) | (643.3M) | (614.3M) | (645.0M) | |
Accounts Payable | 261.4M | 262.0M | 315.1M | 345.9M | 407.3M | 282.0M | |
Cash | 309.2M | 334.4M | 246.1M | 219.2M | 240.5M | 274.4M | |
Non Current Assets Total | 151.4M | 342.4M | 336.8M | 339.1M | 359.8M | 236.6M | |
Non Currrent Assets Other | 25.4M | 72.0M | 14.9M | 8.2M | 78.9M | 82.8M | |
Other Assets | 12.8M | 25.4M | 71.8M | 81.9M | 94.2M | 98.9M | |
Cash And Short Term Investments | 309.2M | 334.4M | 246.1M | 219.2M | 240.5M | 279.3M | |
Net Receivables | 233.1M | 87.8M | 152.0M | 173.9M | 224.0M | 186.9M | |
Good Will | 47.3M | 117.8M | 122.4M | 138.6M | 149.5M | 89.0M | |
Common Stock Total Equity | 253.5M | 255.3M | 261.6M | 265.7M | 305.6M | 190.0M | |
Common Stock Shares Outstanding | 69.5M | 73.0M | 81.6M | 76.8M | 77.2M | 78.9M | |
Liabilities And Stockholders Equity | 767.8M | 844.7M | 823.7M | 804.2M | 902.9M | 775.4M | |
Non Current Liabilities Total | 129.5M | 366.4M | 376.9M | 366.9M | 171.6M | 240.4M | |
Inventory | 4.5M | 16.1M | 33.1M | 25.9M | 23.3M | 17.3M | |
Other Current Assets | 69.7M | 64.0M | 55.8M | 46.2M | 78.6M | 51.5M | |
Other Stockholder Equity | 258.7M | 173.1M | 125.5M | 77.3M | 212.4M | 185.1M | |
Total Liab | 573.6M | 751.9M | 850.6M | 931.3M | 842.7M | 715.1M | |
Property Plant And Equipment Gross | 62.8M | 54.2M | 41.8M | 38.0M | 43.7M | 36.0M | |
Short Long Term Debt | 19.2M | 8.9M | 15.3M | 29.9M | 34.4M | 36.1M | |
Total Current Assets | 616.4M | 502.3M | 487.0M | 465.1M | 543.1M | 538.8M | |
Accumulated Other Comprehensive Income | 447K | (16.4M) | (18.6M) | (16.8M) | (11.7M) | (11.1M) | |
Short Term Debt | 23.8M | 19.1M | 22.2M | 36.0M | 34.6M | 22.5M | |
Intangible Assets | 49.6M | 98.4M | 88.5M | 91.5M | 105.2M | 63.2M | |
Common Stock | 261.6M | 265.7M | 279.9M | 287.6M | 292.2M | 231.7M | |
Property Plant Equipment | 19.7M | 62.8M | 58.7M | 44.5M | 51.2M | 36.3M | |
Non Current Liabilities Other | 5.3M | 66.3M | 63.3M | 51.4M | 59.2M | 34.3M | |
Net Invested Capital | 213.4M | 112.2M | (2.8M) | (92.1M) | (82.9M) | (78.7M) | |
Net Working Capital | 175.6M | 116.8M | 13.2M | (99.4M) | (89.4M) | (85.0M) |
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 Despegar Corp 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, Despegar Corp's short interest history, or implied volatility extrapolated from Despegar Corp options trading.
Pair Trading with Despegar 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 Despegar 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 Despegar Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Despegar Stock
0.73 | W | Wayfair Sell-off Trend | PairCorr |
0.84 | JD | JD Inc Adr Financial Report 9th of May 2024 | PairCorr |
Moving against Despegar Stock
0.73 | SBH | Sally Beauty Holdings Financial Report 2nd of May 2024 | PairCorr |
0.73 | LESL | LesliesInc Financial Report 1st of May 2024 | PairCorr |
0.72 | ETSY | Etsy Inc Financial Report 1st of May 2024 | PairCorr |
0.62 | WINA | Winmark | PairCorr |
0.58 | WEYS | Weyco Group | PairCorr |
The ability to find closely correlated positions to Despegar 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 Despegar 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 Despegar 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 Despegar Corp to buy it.
The correlation of Despegar 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 Despegar Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Despegar 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 Despegar 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 Despegar 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 state. To learn how to invest in Despegar Stock, please use our How to Invest in Despegar Corp guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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Is Despegar 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 Despegar Corp. If investors know Despegar 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 Despegar Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.88) | Revenue Per Share 9.149 | Quarterly Revenue Growth 0.399 | Return On Assets 0.0511 | Return On Equity 0.5739 |
The market value of Despegar Corp is measured differently than its book value, which is the value of Despegar that is recorded on the company's balance sheet. Investors also form their own opinion of Despegar Corp's value that differs from its market value or its book value, called intrinsic value, which is Despegar 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 Despegar Corp's market value can be influenced by many factors that don't directly affect Despegar 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 Despegar Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Despegar Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Despegar 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.