Dynatronics Historical Income Statement
| DYNT Stock | USD 0.54 0.01 1.89% |
Historical analysis of Dynatronics income statement accounts such as Total Revenue of 27 M or Gross Profit of 9.4 M can show how well Dynatronics performed in making a profits. Evaluating Dynatronics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Dynatronics's future profits or losses.
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 |
About Dynatronics Income Statement Analysis
Dynatronics 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 Dynatronics shareholders. The income statement also shows Dynatronics 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).
Dynatronics Income Statement Chart
Dynatronics Income Statement is one of the three primary financial statements used for reporting Dynatronics's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Dynatronics revenue and expense. Dynatronics Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Dynatronics' Depreciation And Amortization is comparatively stable compared to the past year. Interest Expense is likely to gain to about 150.6 K in 2024, whereas Other Operating Expenses is likely to drop slightly above 27.6 M in 2024. Add Fundamental
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Dynatronics minus its cost of goods sold. It is profit before Dynatronics 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Dynatronics. It is also known as Dynatronics 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.Most accounts from Dynatronics' income statement are interrelated and interconnected. However, analyzing income statement 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 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 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' Depreciation And Amortization is comparatively stable compared to the past year. Interest Expense is likely to gain to about 150.6 K in 2024, whereas Other Operating Expenses is likely to drop slightly above 27.6 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.7M | 10.2M | 11.7M | 9.4M | Total Revenue | 44.3M | 40.6M | 46.7M | 27.0M |
Dynatronics income statement Correlations
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Dynatronics Account Relationship Matchups
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Dynatronics income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.7M | 1.5M | 1.3M | 1.3M | 1.6M | 1.6M | |
| Interest Expense | 435.6K | 215.6K | 148.0K | 118.3K | 136.1K | 150.6K | |
| Total Revenue | 53.4M | 47.8M | 44.3M | 40.6M | 46.7M | 27.0M | |
| Gross Profit | 15.1M | 12.9M | 10.7M | 10.2M | 11.7M | 9.4M | |
| Other Operating Expenses | 56.4M | 51.6M | 49.1M | 45.5M | 52.3M | 27.6M | |
| Operating Income | (3.0M) | (3.8M) | (4.8M) | (4.9M) | (4.4M) | (4.1M) | |
| Ebit | (3.0M) | (3.8M) | (4.8M) | (4.9M) | (4.4M) | (4.1M) | |
| Ebitda | (1.3M) | (2.3M) | (3.5M) | (3.5M) | (3.2M) | (3.0M) | |
| Cost Of Revenue | 38.3M | 34.9M | 33.7M | 30.5M | 35.0M | 17.6M | |
| Total Operating Expenses | 18.1M | 16.6M | 15.4M | 15.0M | 17.3M | 10.0M | |
| Income Before Tax | (3.4M) | 2.0M | (4.0M) | (5.0M) | (4.5M) | (4.3M) | |
| Total Other Income Expense Net | (442K) | 5.8M | 764K | (121K) | (139.2K) | (132.2K) | |
| Net Income | (3.4M) | 2.0M | (3.2M) | (5.0M) | (4.5M) | (4.3M) | |
| Research Development | 1.2M | 54.4K | 95K | 10K | 9K | 8.6K | |
| Selling General Administrative | 18.1M | 16.6M | 15.4M | 15.0M | 17.3M | 10.3M | |
| Net Income Applicable To Common Shares | (4.3M) | 1.2M | (4.7M) | (5.7M) | (5.1M) | (4.8M) | |
| Net Income From Continuing Ops | (3.4M) | 2.0M | (4.0M) | (5.0M) | (4.5M) | (4.3M) | |
| Net Interest Income | (435.6K) | (215.6K) | (148.0K) | (118.3K) | (136.1K) | (142.9K) | |
| Reconciled Depreciation | 1.7M | 1.6M | 1.4M | 1.3M | 1.6M | 1.5M |
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
| 0.6 | CERT | Certara Financial Report 13th of May 2024 | PairCorr |
| 0.55 | AGTI | Agiliti Sell-off Trend | PairCorr |
| 0.51 | STIM | Neuronetics Financial Report 14th of May 2024 | PairCorr |
| 0.49 | RCM | R1 RCM Inc Financial Report 2nd of May 2024 | PairCorr |
| 0.48 | FORA | Forian Inc Financial Report 10th of May 2024 | PairCorr |
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.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.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary 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.
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Is Dynatronics' 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 Dynatronics. If investors know Dynatronics 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 Dynatronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.40) | Revenue Per Share 8.392 | Quarterly Revenue Growth (0.25) | Return On Assets (0.09) | Return On Equity (0.28) |
The market value of Dynatronics is measured differently than its book value, which is the value of Dynatronics that is recorded on the company's balance sheet. Investors also form their own opinion of Dynatronics' value that differs from its market value or its book value, called intrinsic value, which is Dynatronics' 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 Dynatronics' market value can be influenced by many factors that don't directly affect Dynatronics' 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 Dynatronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dynatronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dynatronics' 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.