Denali Historical Income Statement
| DNLI Stock | USD 16.60 0.22 1.31% |
Historical analysis of Denali Therapeutics income statement accounts such as Selling General Administrative of 54.3 M or Total Revenue of 347.1 M can show how well Denali Therapeutics performed in making a profits. Evaluating Denali Therapeutics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Denali Therapeutics's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Denali Therapeutics 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 Denali Therapeutics is a good buy for the upcoming year.
Denali |
About Denali Income Statement Analysis
Denali Therapeutics 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 Denali Therapeutics shareholders. The income statement also shows Denali 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).
Denali Therapeutics Income Statement Chart
Denali Therapeutics Income Statement is one of the three primary financial statements used for reporting Denali's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Denali Therapeutics revenue and expense. Denali Therapeutics Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Denali Therapeutics' Total Other Income Expense Net is increasing as compared to previous years. The Denali Therapeutics' current Net Interest Income is estimated to increase to about 47.3 M, while Interest Expense is projected to decrease to under 8.6 M. Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Denali Therapeutics. It is also known as Denali Therapeutics overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Denali Therapeutics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Denali Therapeutics 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 Denali Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Denali Stock please use our How to Invest in Denali Therapeutics guide.As of now, Denali Therapeutics' Total Other Income Expense Net is increasing as compared to previous years. The Denali Therapeutics' current Net Interest Income is estimated to increase to about 47.3 M, while Interest Expense is projected to decrease to under 8.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 4.6M | 14.8M | 51.5M | 54.1M | Net Interest Income | 4.6M | 14.8M | 45.0M | 47.3M |
Denali Therapeutics income statement Correlations
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Denali Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Denali Therapeutics income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 8.0M | 8.5M | 8.6M | 10.4M | 16.7M | 17.6M | |
| Interest Expense | 15.2M | 17.8M | 13.2M | 14.8M | 17.0M | 8.6M | |
| Selling General Administrative | 46.5M | 60.3M | 79.1M | 90.5M | 103.4M | 54.3M | |
| Total Revenue | 26.7M | 335.7M | 48.7M | 108.5M | 330.5M | 347.1M | |
| Gross Profit | 26.7M | 335.7M | 48.7M | 101.4M | 313.8M | 329.5M | |
| Other Operating Expenses | 239.9M | 272.9M | 344.4M | 449.2M | 527.2M | 269.3M | |
| Operating Income | (213.2M) | 62.7M | (295.8M) | (340.7M) | (196.7M) | (206.5M) | |
| Net Income From Continuing Ops | (197.6M) | 72.8M | (290.6M) | (326.0M) | (124.4M) | (130.7M) | |
| Ebit | (213.2M) | 62.7M | (295.8M) | (340.7M) | (196.7M) | (206.5M) | |
| Research Development | 193.4M | 212.6M | 265.4M | 358.7M | 423.9M | 215.0M | |
| Ebitda | (205.2M) | 71.2M | (287.2M) | (330.4M) | (180.0M) | (189.0M) | |
| Cost Of Revenue | 193.4M | 212.6M | 5.6M | 7.0M | 16.7M | 15.9M | |
| Total Operating Expenses | 239.9M | 272.9M | 344.4M | 449.2M | 510.5M | 267.3M | |
| Income Before Tax | (198.0M) | 72.0M | (291.2M) | (326.0M) | (145.2M) | (152.5M) | |
| Total Other Income Expense Net | 15.2M | 9.2M | 4.6M | 14.8M | 51.5M | 54.1M | |
| Net Income Applicable To Common Shares | (197.6M) | 71.1M | (290.6M) | (326.0M) | (293.4M) | (278.7M) | |
| Net Income | (197.6M) | 71.1M | (290.6M) | (326.0M) | (145.2M) | (152.5M) | |
| Income Tax Expense | (351K) | 823K | (575K) | 21K | 30K | 28.5K | |
| Net Interest Income | 15.2M | 9.2M | 4.6M | 14.8M | 45.0M | 47.3M | |
| Interest Income | 15.2M | 9.2M | 4.6M | 14.8M | 51.5M | 54.1M | |
| Reconciled Depreciation | 8.0M | 8.5M | 8.6M | 10.4M | 18.6M | 10.2M |
Pair Trading with Denali Therapeutics
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 Denali Therapeutics 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 Denali Therapeutics will appreciate offsetting losses from the drop in the long position's value.Moving together with Denali Stock
| 0.66 | EOLS | Evolus Inc Financial Report 14th of May 2024 | PairCorr |
Moving against Denali Stock
| 0.62 | LPTX | Leap Therapeutics Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to Denali Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Denali Therapeutics 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 Denali Therapeutics - 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 Denali Therapeutics to buy it.
The correlation of Denali Therapeutics 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 Denali Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Denali Therapeutics 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 Denali Therapeutics 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 Denali Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Denali Stock please use our How to Invest in Denali Therapeutics guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Denali Stock analysis
When running Denali Therapeutics' price analysis, check to measure Denali Therapeutics' 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 Denali Therapeutics is operating at the current time. Most of Denali Therapeutics' value examination focuses on studying past and present price action to predict the probability of Denali Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Denali Therapeutics' price. Additionally, you may evaluate how the addition of Denali Therapeutics to your portfolios can decrease your overall portfolio volatility.
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Is Denali Therapeutics' 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 Denali Therapeutics. If investors know Denali 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 Denali Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.06) | Revenue Per Share 2.406 | Quarterly Revenue Growth (1.00) | Return On Assets (0.09) | Return On Equity (0.14) |
The market value of Denali Therapeutics is measured differently than its book value, which is the value of Denali that is recorded on the company's balance sheet. Investors also form their own opinion of Denali Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Denali Therapeutics' 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 Denali Therapeutics' market value can be influenced by many factors that don't directly affect Denali Therapeutics' 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 Denali Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Denali Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Denali Therapeutics' 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.