Dyadic Good Will vs Total Current Assets Analysis

DYAI Stock

USD 1.50 0.03 2.04%

Dyadic International financial indicator trend analysis is much more than just examining Dyadic International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dyadic International is a good investment. Please check the relationship between Dyadic International Good Will and its Total Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dyadic International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more detail on how to invest in Dyadic Stock please use our How to Invest in Dyadic International guide.

Good Will vs Total Current Assets

Good Will vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dyadic International Good Will account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Dyadic International's Good Will and Total Current Assets is -0.36. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Dyadic International, assuming nothing else is changed. The correlation between historical values of Dyadic International's Good Will and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Dyadic International are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Good Will i.e., Dyadic International's Good Will and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Dyadic International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dyadic International 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 Dyadic International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more detail on how to invest in Dyadic Stock please use our How to Invest in Dyadic International guide.As of now, Dyadic International's Discontinued Operations is increasing as compared to previous years. The Dyadic International's current Enterprise Value is estimated to increase to about 54 M, while Selling General Administrative is projected to decrease to under 5.5 M.

	2021	2022	2023	2024 (projected)
Gross Profit	459.4K	807.1K	923.0K	876.8K
Total Revenue	2.4M	2.9M	2.9M	2.8M

Gross Profit Total Revenue

Dyadic International fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Preferred Stock Total Equity	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total
Total Assets		0.14	-0.3	0.99	-0.68	0.6	-0.36	0.62	0.65	0.38	0.99	-0.18	-0.36	0.45	0.37	-0.36	0.4	0.11	0.35	-0.4	0.31	1.0	-0.44	0.46	-0.31	-0.49
Other Current Liab	0.14		0.64	0.05	-0.59	-0.35	0.38	0.69	0.65	0.26	0.1	0.02	-0.37	0.35	0.48	0.27	0.18	0.55	0.51	0.38	-0.16	0.09	-0.2	0.35	-0.37	0.15
Total Current Liabilities	-0.3	0.64		-0.42	0.01	-0.77	0.84	0.16	0.08	-0.02	-0.34	0.54	-0.47	0.16	0.56	0.71	0.03	0.19	0.52	0.84	-0.11	-0.33	-0.04	0.21	-0.49	0.63
Total Stockholder Equity	0.99	0.05	-0.42		-0.68	0.67	-0.48	0.59	0.62	0.35	0.99	-0.28	-0.28	0.43	0.26	-0.5	0.34	0.13	0.27	-0.54	0.26	0.99	-0.44	0.43	-0.22	-0.61
Net Debt	-0.68	-0.59	0.01	-0.68		-0.39	0.24	-0.98	-0.92	-0.22	-0.68	0.41	0.14	-0.3	-0.17	0.39	-0.35	-0.69	-0.25	0.32	-0.04	-0.64	0.28	-0.3	0.08	0.46
Retained Earnings	0.6	-0.35	-0.77	0.67	-0.39		-0.69	0.28	0.4	-0.11	0.63	-0.37	0.5	-0.31	-0.48	-0.55	0.42	-0.02	-0.53	-0.65	0.38	0.61	0.24	-0.33	0.48	-0.45
Accounts Payable	-0.36	0.38	0.84	-0.48	0.24	-0.69		-0.09	-0.19	0.11	-0.4	0.5	-0.42	0.09	0.4	0.81	-0.1	-0.08	0.39	0.87	0.25	-0.38	0.08	0.14	-0.47	0.71
Cash	0.62	0.69	0.16	0.59	-0.98	0.28	-0.09		0.94	0.18	0.62	-0.29	-0.19	0.28	0.26	-0.2	0.41	0.67	0.31	-0.13	0.06	0.58	-0.25	0.29	-0.15	-0.28
Other Assets	0.65	0.65	0.08	0.62	-0.92	0.4	-0.19	0.94		0.11	0.64	-0.24	-0.06	0.14	0.17	-0.17	0.52	0.61	0.18	-0.13	0.12	0.6	-0.13	0.14	-0.05	-0.21
Long Term Debt	0.38	0.26	-0.02	0.35	-0.22	-0.11	0.11	0.18	0.11		0.37	-0.14	-0.57	0.79	0.45	-0.07	-0.16	0.04	0.61	-0.06	0.26	0.39	-0.39	0.72	-0.69	-0.27
Cash And Short Term Investments	0.99	0.1	-0.34	0.99	-0.68	0.63	-0.4	0.62	0.64	0.37		-0.22	-0.34	0.45	0.31	-0.43	0.33	0.12	0.32	-0.46	0.3	0.99	-0.45	0.47	-0.29	-0.55
Net Receivables	-0.18	0.02	0.54	-0.28	0.41	-0.37	0.5	-0.29	-0.24	-0.14	-0.22		-0.27	-0.08	0.37	0.66	0.07	-0.41	0.2	0.66	0.19	-0.18	0.19	-0.02	-0.45	0.65
Good Will	-0.36	-0.37	-0.47	-0.28	0.14	0.5	-0.42	-0.19	-0.06	-0.57	-0.34	-0.27		-0.87	-0.91	-0.22	0.21	0.01	-0.97	-0.28	0.01	-0.36	0.79	-0.92	0.93	0.04
Common Stock Total Equity	0.45	0.35	0.16	0.43	-0.3	-0.31	0.09	0.28	0.14	0.79	0.45	-0.08	-0.87		0.73	-0.17	-0.32	0.15	0.9	-0.11	-0.12	0.46	-0.82	0.99	-0.82	-0.43
Common Stock Shares Outstanding	0.37	0.48	0.56	0.26	-0.17	-0.48	0.4	0.26	0.17	0.45	0.31	0.37	-0.91	0.73		0.37	0.13	0.02	0.93	0.42	-0.07	0.36	-0.67	0.78	-0.86	0.13
Non Current Liabilities Total	-0.36	0.27	0.71	-0.5	0.39	-0.55	0.81	-0.2	-0.17	-0.07	-0.43	0.66	-0.22	-0.17	0.37		0.22	-0.32	0.2	0.98	0.26	-0.38	0.26	-0.14	-0.32	0.96
Inventory	0.4	0.18	0.03	0.34	-0.35	0.42	-0.1	0.41	0.52	-0.16	0.33	0.07	0.21	-0.32	0.13	0.22		0.16	-0.13	0.18	0.32	0.38	0.29	-0.31	0.16	0.27
Other Current Assets	0.11	0.55	0.19	0.13	-0.69	-0.02	-0.08	0.67	0.61	0.04	0.12	-0.41	0.01	0.15	0.02	-0.32	0.16		0.16	-0.19	-0.14	0.07	-0.2	0.15	0.05	-0.31
Other Stockholder Equity	0.35	0.51	0.52	0.27	-0.25	-0.53	0.39	0.31	0.18	0.61	0.32	0.2	-0.97	0.9	0.93	0.2	-0.13	0.16		0.28	-0.09	0.35	-0.77	0.92	-0.92	-0.06
Total Liab	-0.4	0.38	0.84	-0.54	0.32	-0.65	0.87	-0.13	-0.13	-0.06	-0.46	0.66	-0.28	-0.11	0.42	0.98	0.18	-0.19	0.28		0.17	-0.42	0.22	-0.07	-0.37	0.93
Preferred Stock Total Equity	0.31	-0.16	-0.11	0.26	-0.04	0.38	0.25	0.06	0.12	0.26	0.3	0.19	0.01	-0.12	-0.07	0.26	0.32	-0.14	-0.09	0.17		0.31	0.27	-0.1	-0.17	0.25
Total Current Assets	1.0	0.09	-0.33	0.99	-0.64	0.61	-0.38	0.58	0.6	0.39	0.99	-0.18	-0.36	0.46	0.36	-0.38	0.38	0.07	0.35	-0.42	0.31		-0.45	0.47	-0.32	-0.51
Intangible Assets	-0.44	-0.2	-0.04	-0.44	0.28	0.24	0.08	-0.25	-0.13	-0.39	-0.45	0.19	0.79	-0.82	-0.67	0.26	0.29	-0.2	-0.77	0.22	0.27	-0.45		-0.87	0.58	0.48
Common Stock	0.46	0.35	0.21	0.43	-0.3	-0.33	0.14	0.29	0.14	0.72	0.47	-0.02	-0.92	0.99	0.78	-0.14	-0.31	0.15	0.92	-0.07	-0.1	0.47	-0.87		-0.84	-0.4
Property Plant Equipment	-0.31	-0.37	-0.49	-0.22	0.08	0.48	-0.47	-0.15	-0.05	-0.69	-0.29	-0.45	0.93	-0.82	-0.86	-0.32	0.16	0.05	-0.92	-0.37	-0.17	-0.32	0.58	-0.84		-0.08
Short Long Term Debt Total	-0.49	0.15	0.63	-0.61	0.46	-0.45	0.71	-0.28	-0.21	-0.27	-0.55	0.65	0.04	-0.43	0.13	0.96	0.27	-0.31	-0.06	0.93	0.25	-0.51	0.48	-0.4	-0.08

Click cells to compare fundamentals

Dyadic International Account Relationship Matchups

Dyadic International fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	37.5M	30.1M	21.3M	13.7M	8.2M	7.8M
Other Current Liab	644.6K	612.8K	860.7K	995.8K	1.1M	1.1M
Total Current Liabilities	1.6M	1.6M	2.6M	2.4M	2.3M	2.8M
Total Stockholder Equity	35.9M	28.4M	18.4M	11.1M	5.9M	5.6M
Net Debt	(4.8M)	(20.6M)	(15.7M)	(5.8M)	(6.4M)	(6.7M)
Retained Earnings	(41.4M)	(50.7M)	(63.7M)	(73.5M)	(80.3M)	(84.3M)
Accounts Payable	943.4K	1.0M	1.5M	1.3M	575.4K	546.7K
Cash	4.8M	20.6M	15.7M	5.8M	6.5M	9.6M
Other Assets	301.6K	290.9K	6.1K	6.0K	7.0K	6.6K
Cash And Short Term Investments	34.2M	29.1M	20.3M	12.6M	7.3M	6.9M
Net Receivables	1.1M	406.4K	372.2K	388.3K	476.2K	452.4K
Common Stock Total Equity	38.9K	39.0K	39.6K	39.7K	45.7K	34.5K
Common Stock Shares Outstanding	27.0M	27.5M	27.8M	28.4M	28.8M	30.9M
Liabilities And Stockholders Equity	37.5M	30.1M	21.3M	13.7M	8.2M	7.8M
Non Current Liabilities Total	943.4K	1.0M	352.9K	176.5K	88.9K	84.4K
Other Current Assets	278.0K	280.6K	375.8K	392.2K	327.8K	311.5K
Other Stockholder Equity	77.2M	79.1M	82.1M	84.5M	86.1M	78.7M
Total Liab	1.6M	1.6M	2.9M	2.6M	2.3M	2.2M
Total Current Assets	35.6M	29.8M	21.0M	13.4M	8.1M	7.7M
Common Stock	39.6K	39.7K	40.5K	40.8K	41.1K	36.2K
Non Current Assets Total	1.8M	290.9K	290.8K	290.8K	151.9K	144.3K
Non Currrent Assets Other	301.6K	6.2K	6.1K	6.0K	10.5K	9.9K
Short Term Investments	29.4M	8.5M	4.5M	6.8M	748.3K	710.9K
Net Tangible Assets	35.9M	28.4M	18.4M	11.1M	10.0M	9.5M
Net Invested Capital	35.9M	28.4M	18.4M	11.1M	5.9M	5.6M

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 Dyadic International 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, Dyadic International's short interest history, or implied volatility extrapolated from Dyadic International options trading.

Pair Trading with Dyadic International

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 Dyadic International 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 Dyadic International will appreciate offsetting losses from the drop in the long position's value.

Moving against Dyadic Stock

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The ability to find closely correlated positions to Dyadic International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dyadic International 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 Dyadic International - 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 Dyadic International to buy it.

The correlation of Dyadic International 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 Dyadic International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dyadic International 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 Dyadic International 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.

Pair Correlation Correlation Matching

When determining whether Dyadic International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dyadic International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dyadic International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dyadic International Stock:

How To Invest In Dyadic

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Is Dyadic Stock a good investment?

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What is Dyadic International's Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dyadic International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

For more detail on how to invest in Dyadic Stock please use our How to Invest in Dyadic International guide.

Note that the Dyadic International information on this page should be used as a complementary analysis to other Dyadic International'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running Dyadic International's price analysis, check to measure Dyadic International'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 Dyadic International is operating at the current time. Most of Dyadic International's value examination focuses on studying past and present price action to predict the probability of Dyadic International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dyadic International's price. Additionally, you may evaluate how the addition of Dyadic International to your portfolios can decrease your overall portfolio volatility.

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Is Dyadic International'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 Dyadic International. If investors know Dyadic 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 Dyadic International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.24)

Revenue Per Share

0.101

Quarterly Revenue Growth

(0.08)

Return On Assets

(0.47)

Return On Equity

(0.80)

The market value of Dyadic International is measured differently than its book value, which is the value of Dyadic that is recorded on the company's balance sheet. Investors also form their own opinion of Dyadic International's value that differs from its market value or its book value, called intrinsic value, which is Dyadic International'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 Dyadic International's market value can be influenced by many factors that don't directly affect Dyadic International'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 Dyadic International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dyadic International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dyadic International'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.

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Dyadic Good Will vs Total Current Assets Analysis

Good Will vs Total Current Assets

Good Will vs Total Current Assets Correlation Analysis

Correlation Coefficient

Good Will

Total Current Assets

Dyadic International fundamental ratios Correlations

Dyadic International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dyadic International fundamental ratios Accounts

Pair Trading with Dyadic International

Moving against Dyadic Stock

Complementary Tools for Dyadic Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.99	Cash And Short Term Investments

Cash	- 0.98	Net Debt
Other Stockholder Equity	- 0.97	Good Will
Property Plant Equipment	- 0.92	Other Stockholder Equity
Common Stock	- 0.92	Good Will
Other Assets	- 0.92	Net Debt
Common Stock Shares Outstanding	- 0.91	Good Will