DSS Total Stockholder Equity vs Cash Analysis
DSS Stock | USD 1.87 0.02 1.06% |
DSS financial indicator trend analysis is much more than just examining DSS Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DSS Inc is a good investment. Please check the relationship between DSS Total Stockholder Equity and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DSS Inc. 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.
Total Stockholder Equity vs Cash
Total Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DSS Inc Total Stockholder Equity account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between DSS's Total Stockholder Equity and Cash is 0.84. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of DSS Inc, assuming nothing else is changed. The correlation between historical values of DSS's Total Stockholder Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of DSS Inc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Stockholder Equity i.e., DSS's Total Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.Cash
Cash refers to the most liquid asset of DSS Inc, which is listed under current asset account on DSS Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from DSS customers. The amounts must be unrestricted with restricted cash listed in a different DSS account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from DSS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DSS Inc 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 DSS Inc. 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. At this time, DSS's Tax Provision is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 2.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 6.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 29.4M | 53.5M | 28.9M | 30.3M | Cost Of Revenue | 12.3M | 37.5M | 26.6M | 28.0M |
DSS fundamental ratios Correlations
Click cells to compare fundamentals
DSS Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DSS fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 20.1M | 91.9M | 284.8M | 248.9M | 153.2M | 160.9M | |
Other Current Liab | 390.5K | 1.7M | 402K | 19.1M | 3.3M | 1.9M | |
Total Current Liabilities | 4.2M | 8.9M | 27.8M | 73.7M | 55.6M | 58.4M | |
Total Stockholder Equity | 12.3M | 73.1M | 163.9M | 125.6M | 63.9M | 67.1M | |
Property Plant And Equipment Net | 6.3M | 4.3M | 18.2M | 76.6M | 19.9M | 20.9M | |
Net Debt | 3.4M | (2.8M) | 3.5M | 46.7M | 56.2M | 59.0M | |
Retained Earnings | (103.3M) | (101.4M) | (132.4M) | (194.3M) | (256.2M) | (243.4M) | |
Accounts Payable | 1.5M | 1.5M | 1.9M | 5.9M | 3.7M | 3.8M | |
Cash | 1.1M | 5.2M | 56.6M | 19.3M | 6.6M | 6.4M | |
Non Current Assets Total | 12.7M | 79.5M | 202.4M | 200.9M | 78.6M | 82.5M | |
Non Currrent Assets Other | 49.9K | 1.1M | 489K | 3.6M | 97K | 92.2K | |
Cash And Short Term Investments | 1.1M | 5.2M | 56.6M | 19.3M | 6.6M | 6.4M | |
Common Stock Total Equity | 332.0K | 348.5K | 723.6K | 116K | 104.4K | 99.2K | |
Common Stock Shares Outstanding | 47.23 | 301.0K | 2.6M | 111.6M | 7.0M | 5.1M | |
Liabilities And Stockholders Equity | 20.1M | 91.9M | 284.8M | 248.9M | 153.2M | 160.9M | |
Total Liab | 7.8M | 15.4M | 84.5M | 92.2M | 70.0M | 73.5M | |
Property Plant And Equipment Gross | 6.3M | 4.1M | 24.6M | 83.3M | 25.4M | 26.7M | |
Total Current Assets | 7.5M | 12.5M | 82.4M | 48.0M | 74.6M | 78.4M | |
Common Stock | 723.6K | 116K | 1.6M | 2.8M | 140K | 133K | |
Other Stockholder Equity | 114.9M | 171.0M | 258.3M | 317.1M | 320.0M | 336.0M | |
Short Long Term Debt Total | 4.5M | 2.4M | 60.1M | 66.0M | 62.8M | 66.0M | |
Net Receivables | 4.2M | 3.9M | 12.0M | 19.3M | 12.8M | 13.4M | |
Non Current Liabilities Total | 3.7M | 6.5M | 56.7M | 18.5M | 14.4M | 7.3M | |
Inventory | 1.7M | 2.0M | 10.4M | 7.7M | 2.8M | 1.8M | |
Other Current Assets | 459.9K | 1.4M | 3.5M | 1.7M | 839K | 632.0K | |
Short Term Debt | 1.3M | 445K | 4.3M | 48.0M | 48.5M | 50.9M | |
Intangible Assets | 934.8K | 23.5M | 38.6M | 30.7M | 20.2M | 21.2M | |
Accumulated Other Comprehensive Income | (23.1K) | (7.1K) | (6.8M) | 3.4M | 36.4M | 0.0 | |
Current Deferred Revenue | 935.0K | 5.3M | 21.2M | 707K | 222K | 210.9K | |
Net Tangible Assets | 4.2M | 9.7M | 22.8M | 68.7M | 79.0M | 82.9M | |
Other Assets | 843.1K | 42.7M | 489K | 2.7M | 3.1M | 5.9M | |
Long Term Debt | 2.3M | 2.0M | 55.7M | 10.2M | 7.5M | 8.8M | |
Retained Earnings Total Equity | (101.9M) | (100.4M) | (103.3M) | (101.4M) | (91.2M) | (95.8M) | |
Long Term Debt Total | 2.3M | 2.0M | 55.7M | 10.2M | 11.7M | 9.3M | |
Capital Surpluse | 114.9M | 174.4M | 294.7M | 317.1M | 364.7M | 382.9M | |
Deferred Long Term Liab | 126.0K | 169.0K | 43.6K | 3.5M | 4.0M | 4.2M | |
Non Current Liabilities Other | 391.3K | 507.1K | 507K | 880K | 583.1K | 733.0K |
Pair Trading with DSS
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 DSS 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 DSS will appreciate offsetting losses from the drop in the long position's value.Moving against DSS Stock
0.58 | TTEK | Tetra Tech Fiscal Year End 20th of November 2024 | PairCorr |
0.55 | KBR | KBR Inc | PairCorr |
0.53 | HRT | HireRight Holdings Corp Earnings Call This Week | PairCorr |
0.42 | BBSI | Barrett Business Services | PairCorr |
The ability to find closely correlated positions to DSS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DSS 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 DSS - 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 DSS Inc to buy it.
The correlation of DSS 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 DSS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DSS Inc 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 DSS 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 DSS Inc. 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. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for DSS Stock analysis
When running DSS's price analysis, check to measure DSS'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 DSS is operating at the current time. Most of DSS's value examination focuses on studying past and present price action to predict the probability of DSS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DSS's price. Additionally, you may evaluate how the addition of DSS to your portfolios can decrease your overall portfolio volatility.
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Is DSS'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 DSS. If investors know DSS 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 DSS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (10.94) | Revenue Per Share 3.16 | Quarterly Revenue Growth (0.68) | Return On Assets (0.08) | Return On Equity (0.83) |
The market value of DSS Inc is measured differently than its book value, which is the value of DSS that is recorded on the company's balance sheet. Investors also form their own opinion of DSS's value that differs from its market value or its book value, called intrinsic value, which is DSS'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 DSS's market value can be influenced by many factors that don't directly affect DSS'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 DSS's value and its price as these two are different measures arrived at by different means. Investors typically determine if DSS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DSS'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.