Daily Revenues vs Interest Expense Analysis
DJCO Stock | USD 356.90 6.90 1.97% |
Trend analysis of Daily Journal Corp balance sheet accounts such as Total Current Liabilities of 25.2 M or Total Stockholder Equity of 242.1 M provides information on Daily Journal's total assets, liabilities, and equity, which is the actual value of Daily Journal Corp to its prevalent stockholders. By breaking down trends over time using Daily Journal balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Daily |
About Daily Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Daily Journal Corp at a specified time, usually calculated after every quarter, six months, or one year. Daily Journal Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Daily Journal and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Daily currently owns. An asset can also be divided into two categories, current and non-current.
Daily Journal Balance Sheet Chart
Daily Journal Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Daily Journal Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Daily Journal's Cash And Short Term Investments are very stable compared to the past year. As of the 24th of April 2024, Net Receivables is likely to grow to about 22.6 M, while Other Current Liabilities is likely to drop about 18.1 M. Add Fundamental
Total Assets
Total assets refers to the total amount of Daily Journal assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Daily Journal Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Daily Journal balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Daily Journal Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Daily Journal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Daily Journal 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 Daily Journal 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 main economic indicators. At this time, Daily Journal's Tax Provision is very stable compared to the past year. As of the 24th of April 2024, Enterprise Value Over EBITDA is likely to grow to 62.73, while Selling General Administrative is likely to drop about 4.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 11.7M | 16.0M | 14.4M | 14.9M | Total Revenue | 54.0M | 67.7M | 77.9M | 81.8M |
Daily Journal fundamental ratios Correlations
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Daily Journal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Daily Journal fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 238.6M | 390.6M | 319.1M | 354.9M | 408.1M | 428.5M | |
Other Current Liab | 23.8M | 24.1M | 22.0M | 29.6M | 34.0M | 18.1M | |
Total Current Liabilities | 28.0M | 34.0M | 33.6M | 42.2M | 48.5M | 25.2M | |
Total Stockholder Equity | 141.7M | 254.6M | 179.0M | 200.5M | 230.5M | 242.1M | |
Property Plant And Equipment Net | 10.6M | 10.2M | 9.7M | 9.5M | 10.9M | 9.9M | |
Net Debt | 4.3M | 21.0M | 63.0M | 55.2M | 63.5M | 66.7M | |
Retained Earnings | 140.0M | 252.9M | 177.2M | 198.7M | 228.5M | 239.9M | |
Cash | 26.9M | 12.6M | 13.4M | 21.0M | 24.2M | 25.4M | |
Non Current Assets Total | 22.3M | 18.2M | 9.7M | 9.5M | 10.9M | 17.3M | |
Non Currrent Assets Other | (23.5M) | 11.7M | (25.7M) | (30.6M) | (27.5M) | (26.2M) | |
Cash And Short Term Investments | 206.3M | 360.2M | 289.0M | 324.2M | 372.8M | 391.4M | |
Net Receivables | 7.3M | 9.5M | 18.0M | 18.7M | 21.5M | 22.6M | |
Liabilities And Stockholders Equity | 238.6M | 390.6M | 319.1M | 354.9M | 408.1M | 428.5M | |
Non Current Liabilities Total | 68.8M | 101.9M | 106.5M | 112.2M | 129.0M | 135.5M | |
Other Current Assets | 2.7M | 2.6M | 2.5M | 380K | 342K | 324.9K | |
Total Liab | 96.8M | 135.9M | 140.1M | 154.4M | 177.5M | 186.4M | |
Property Plant And Equipment Gross | 10.6M | 10.0M | 19.5M | 19.7M | 22.7M | 23.8M | |
Total Current Assets | 216.3M | 372.3M | 309.5M | 345.4M | 397.2M | 417.1M | |
Short Long Term Debt Total | 31.2M | 33.6M | 76.4M | 76.3M | 87.7M | 92.1M | |
Short Term Debt | 133K | 147K | 146K | 158K | 181.7K | 172.6K | |
Short Term Investments | 179.4M | 347.6M | 275.5M | 303.1M | 348.6M | 366.0M | |
Other Assets | 12.2M | 13.6M | 11.7M | 8.0M | 9.2M | 4.9M | |
Property Plant Equipment | 10.8M | 10.5M | 10.0M | 9.6M | 8.6M | 8.3M | |
Current Deferred Revenue | 140K | 5.5M | 6.4M | 5.8M | 5.2M | 4.6M | |
Long Term Debt | 1.6M | 1.4M | 1.3M | 76.1M | 87.5M | 91.9M | |
Other Liab | 37.8M | 37.8M | 68.5M | 30.2M | 34.7M | 18.7M | |
Net Tangible Assets | 137.7M | 141.7M | 254.6M | 179.0M | 205.9M | 144.5M | |
Retained Earnings Total Equity | 135.9M | 140.0M | 252.9M | 177.2M | 203.8M | 214.0M | |
Deferred Long Term Liab | 37.2M | 35.9M | 64.1M | 25.3M | 29.1M | 18.9M | |
Non Current Liabilities Other | 30.1M | 31.4M | 36.4M | 79.9M | 91.9M | 96.5M |
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 Daily Journal 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, Daily Journal's short interest history, or implied volatility extrapolated from Daily Journal options trading.
Pair Trading with Daily Journal
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 Daily Journal 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 Daily Journal will appreciate offsetting losses from the drop in the long position's value.Moving together with Daily Stock
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Moving against Daily Stock
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The ability to find closely correlated positions to Daily Journal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daily Journal 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 Daily Journal - 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 Daily Journal Corp to buy it.
The correlation of Daily Journal 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 Daily Journal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daily Journal 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 Daily Journal 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 Daily Journal 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 main economic indicators. Note that the Daily Journal Corp information on this page should be used as a complementary analysis to other Daily Journal'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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Daily Stock analysis
When running Daily Journal's price analysis, check to measure Daily Journal'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 Daily Journal is operating at the current time. Most of Daily Journal's value examination focuses on studying past and present price action to predict the probability of Daily Journal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daily Journal's price. Additionally, you may evaluate how the addition of Daily Journal to your portfolios can decrease your overall portfolio volatility.
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Is Daily Journal'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 Daily Journal. If investors know Daily 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 Daily Journal 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 (0.29) | Earnings Share 11.79 | Revenue Per Share 51.852 | Quarterly Revenue Growth 0.3 | Return On Assets 0.0179 |
The market value of Daily Journal Corp is measured differently than its book value, which is the value of Daily that is recorded on the company's balance sheet. Investors also form their own opinion of Daily Journal's value that differs from its market value or its book value, called intrinsic value, which is Daily Journal'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 Daily Journal's market value can be influenced by many factors that don't directly affect Daily Journal'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 Daily Journal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Daily Journal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daily Journal'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.