Dynatronics Cash and Equivalents vs Price to Sales Ratio Analysis

DYNT Stock  USD 0.45  0.01  2.27%   
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.
  
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

Dynatronics Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Dynatronics uses and utilizes its capital. It also shows what exactly a company owns and owes.
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.
Most indicators from Dynatronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dynatronics 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 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.Selling General Administrative is likely to drop to about 10.3 M in 2024. Enterprise Value Multiple is likely to gain to -1.95 in 2024
 2021 2022 2023 2024 (projected)
Gross Profit10.7M10.2M11.7M9.4M
Total Revenue44.3M40.6M46.7M27.0M

Dynatronics fundamental ratios Correlations

0.870.960.40.33-0.640.290.82-0.010.290.890.510.560.85-0.070.890.940.870.870.650.480.580.350.420.770.66
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 fundamental ratios 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

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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
When determining whether Dynatronics is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Dynatronics Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Dynatronics Stock. Highlighted below are key reports to facilitate an investment decision about Dynatronics Stock:
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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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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.