Dyadic Other Operating Expenses vs Gross Profit 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 Other Operating Expenses and its Gross Profit 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.
Other Operating Expenses vs Gross Profit
Other Operating Expenses vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dyadic International Other Operating Expenses account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dyadic International's Other Operating Expenses and Gross Profit is 0.66. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Gross Profit 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 Other Operating Expenses and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Dyadic International are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Other Operating Expenses i.e., Dyadic International's Other Operating Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.66 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Dyadic International. It is also known as Dyadic International 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Dyadic International minus its cost of goods sold. It is profit before Dyadic International operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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 |
Dyadic International fundamental ratios Correlations
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Dyadic International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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.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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Dyadic Stock analysis
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.