Dynatronics Historical Balance Sheet

DYNT Stock  USD 0.43  0.03  7.50%   
Trend analysis of Dynatronics balance sheet accounts such as Total Stockholder Equity of 9.7 M or Property Plant And Equipment Net of 339.5 K provides information on Dynatronics' total assets, liabilities, and equity, which is the actual value of Dynatronics to its prevalent stockholders. By breaking down trends over time using Dynatronics 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.
 
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Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Dynatronics 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 Dynatronics is a good buy for the upcoming year.

Dynatronics Inventory

5.5 Million

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynatronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Dynatronics Stock please use our How to Invest in Dynatronics guide.

About Dynatronics Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Dynatronics at a specified time, usually calculated after every quarter, six months, or one year. Dynatronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dynatronics 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 Dynatronics currently owns. An asset can also be divided into two categories, current and non-current.

Dynatronics Balance Sheet Chart

At this time, Dynatronics' Short Term Debt is comparatively stable compared to the past year. Property Plant And Equipment Gross is likely to gain to about 13.1 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 9.7 M in 2024.

Total Assets

Total assets refers to the total amount of Dynatronics 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 Dynatronics 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 Dynatronics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Dynatronics 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Short Term Investments

Short Term Investments is an item under the current assets section of Dynatronics balance sheet. It contains any investments Dynatronics undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Dynatronics can easily liquidate in the marketplace.
Most accounts from Dynatronics' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Dynatronics current financial condition. On the other hand, looking into the entire matrix of balance sheet 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 Dynatronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Dynatronics Stock please use our How to Invest in Dynatronics guide.At this time, Dynatronics' Short Term Debt is comparatively stable compared to the past year. Property Plant And Equipment Gross is likely to gain to about 13.1 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 9.7 M in 2024.
 2021 2022 2023 2024 (projected)
Total Current Liabilities9.9M7.9M9.1M5.3M
Total Assets35.4M30.1M34.6M18.1M

Dynatronics balance sheet Correlations

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0.870.750.420.65-0.35-0.020.63-0.01-0.020.920.220.320.910.120.90.860.760.720.50.590.770.740.160.550.38
0.960.750.390.09-0.710.370.86-0.160.370.790.60.580.770.00.720.90.890.880.650.420.340.160.470.840.75
0.40.420.39-0.070.160.410.19-0.710.410.59-0.350.570.450.60.340.620.320.57-0.120.250.150.25-0.340.01-0.12
0.330.650.09-0.07-0.04-0.570.160.45-0.570.49-0.04-0.090.54-0.10.660.260.220.130.250.440.850.790.040.1-0.02
-0.64-0.35-0.710.16-0.04-0.09-0.87-0.12-0.09-0.36-0.94-0.5-0.50.23-0.41-0.47-0.7-0.53-0.85-0.13-0.110.19-0.93-0.9-0.96
0.29-0.020.370.41-0.57-0.090.19-0.211.00.150.110.37-0.1-0.060.10.410.190.310.00.01-0.07-0.24-0.020.140.2
0.820.630.860.190.16-0.870.19-0.10.190.70.770.640.670.020.610.720.940.80.750.340.330.170.760.960.89
-0.01-0.01-0.16-0.710.45-0.12-0.21-0.1-0.21-0.120.26-0.49-0.11-0.860.23-0.16-0.18-0.310.260.050.430.110.190.010.1
0.29-0.020.370.41-0.57-0.091.00.19-0.210.150.110.37-0.1-0.060.10.410.190.310.00.01-0.07-0.24-0.020.140.2
0.890.920.790.590.49-0.360.150.7-0.120.150.190.490.850.110.880.920.830.870.430.570.690.620.150.60.39
0.510.220.6-0.35-0.04-0.940.110.770.260.110.190.270.35-0.370.270.340.580.330.880.080.04-0.230.930.840.97
0.560.320.580.57-0.09-0.50.370.64-0.490.370.490.270.430.340.440.540.560.70.260.030.12-0.110.420.490.43
0.850.910.770.450.54-0.5-0.10.67-0.11-0.10.850.350.430.140.820.850.730.70.670.460.580.510.320.590.5
-0.070.120.00.6-0.10.23-0.060.02-0.86-0.060.11-0.370.340.14-0.160.070.080.16-0.280.14-0.180.2-0.26-0.13-0.23
0.890.90.720.340.66-0.410.10.610.230.10.880.270.440.82-0.160.840.670.710.520.50.860.580.250.520.4
0.940.860.90.620.26-0.470.410.72-0.160.410.920.340.540.850.070.840.80.840.570.480.570.420.240.630.53
0.870.760.890.320.22-0.70.190.94-0.180.190.830.580.560.730.080.670.80.890.610.460.390.340.540.910.74
0.870.720.880.570.13-0.530.310.8-0.310.310.870.330.70.70.160.710.840.890.370.350.350.230.30.730.53
0.650.50.65-0.120.25-0.850.00.750.260.00.430.880.260.67-0.280.520.570.610.370.220.320.080.810.760.89
0.480.590.420.250.44-0.130.010.340.050.010.570.080.030.460.140.50.480.460.350.220.540.57-0.020.310.17
0.580.770.340.150.85-0.11-0.070.330.43-0.070.690.040.120.58-0.180.860.570.390.350.320.540.820.060.220.12
0.350.740.160.250.790.19-0.240.170.11-0.240.62-0.23-0.110.510.20.580.420.340.230.080.570.82-0.220.06-0.12
0.420.160.47-0.340.04-0.93-0.020.760.19-0.020.150.930.420.32-0.260.250.240.540.30.81-0.020.06-0.220.790.9
0.770.550.840.010.1-0.90.140.960.010.140.60.840.490.59-0.130.520.630.910.730.760.310.220.060.790.92
0.660.380.75-0.12-0.02-0.960.20.890.10.20.390.970.430.5-0.230.40.530.740.530.890.170.12-0.120.90.92
Click cells to compare fundamentals

Dynatronics Account Relationship Matchups

Dynatronics balance sheet Accounts

201920202021202220232024 (projected)
Total Assets27.6M39.1M35.4M30.1M34.6M18.1M
Total Current Liabilities7.7M8.5M9.9M7.9M9.1M5.3M
Total Stockholder Equity19.9M25.5M21.7M16.9M19.4M9.7M
Property Plant And Equipment Net8.3M5.8M4.5M310.7K357.3K339.5K
Net Debt(1.3M)(1.2M)3.1M5.1M5.9M3.6M
Retained Earnings(16.3M)(15.1M)(19.8M)(25.5M)(22.9M)(21.8M)
Cash2.3M6.3M701K553K636.0K945.9K
Non Current Assets Total21.5M18.2M16.2M17.6M20.3M21.3M
Non Currrent Assets Other(21.1M)403.8K373.7K6.6M5.9M6.2M
Cash And Short Term Investments2.3M6.3M701K553K636.0K945.9K
Net Receivables4.9M5.6M5.4M3.7M4.3M3.7M
Common Stock Shares Outstanding2.1M3.1M3.6M3.9M4.5M4.7M
Liabilities And Stockholders Equity27.6M39.1M35.4M30.1M34.6M18.1M
Non Current Liabilities Total10.0M5.2M3.8M5.3M6.1M3.6M
Inventory8.4M6.5M12.1M7.4M8.5M5.5M
Other Stockholder Equity27.5M475.0442.0474.0545.1517.84
Total Liab7.7M13.6M13.7M13.2M15.2M8.4M
Total Current Assets16.1M20.9M19.2M12.4M14.3M10.8M
Intangible Assets5.7M4.9M4.2M3.6M4.2M4.4M
Other Current Liab3.5M3.4M2.4M1.9M2.2M1.1M
Accounts Payable3.0M3.7M6.2M4.5M5.2M5.5M
Other Current Assets493K2.5M742.0K741K852.2K886.5K
Short Long Term Debt Total1.0M5.1M3.8M5.6M6.5M5.0M
Short Term Debt1.0M1.2M1.2M1.4M1.6M2.5M
Property Plant And Equipment Gross8.3M5.8M8.5M10.8M12.5M13.1M
Common Stock Total Equity20.2M21.3M27.5M32.6M37.5M39.4M
Common Stock27.5M32.6M33.5M34.4M39.5M41.5M
Other Liab1.4M1.3M1.1M979.0K1.1M1.2M
Other Assets(10.0M)403.9K373.7K829.0K746.1K783.5K
Long Term Debt303.3K129.4K3.5M5.4K4.8K4.6K
Property Plant Equipment8.3M5.8M4.5M6.1M7.0M4.7M
Net Tangible Assets(1.7M)5.5M2.4M(1.9M)(1.7M)(1.6M)
Short Long Term Debt6.7M1.1M13.4K5.4K4.8K4.6K

Pair Trading with Dynatronics

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

Moving against Dynatronics Stock

  0.44FOXO FOXO TechnologiesPairCorr
  0.41DOCS DoximityPairCorr
The ability to find closely correlated positions to Dynatronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dynatronics 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 Dynatronics - 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 Dynatronics to buy it.
The correlation of Dynatronics 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 Dynatronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dynatronics 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 Dynatronics 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 CorrelationCorrelation Matching

Additional Tools for Dynatronics Stock Analysis

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