Dynatronics Net Income vs Invested Capital Analysis

DYNT Stock

USD 0.59 0.04 7.27%

Dynatronics financial indicator trend analysis is much more than just examining Dynatronics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dynatronics is a good investment. Please check the relationship between Dynatronics Net Income and its Invested Capital accounts. 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.

Net Income vs Invested Capital

Net Income vs Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dynatronics Net Income account and Invested Capital. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Dynatronics' Net Income and Invested Capital is 0.13. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Invested Capital in the same time period over historical financial statements of Dynatronics, assuming nothing else is changed. The correlation between historical values of Dynatronics' Net Income and Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Dynatronics are associated (or correlated) with its Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Invested Capital has no effect on the direction of Net Income i.e., Dynatronics' Net Income and Invested Capital go up and down completely randomly.

Correlation Coefficient

0.13

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Dynatronics financial statement analysis. It represents the amount of money remaining after all of Dynatronics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Dynatronics. There are two different methods for calculating Dynatronics invested capital: operating approach and financing approach. Understanding Dynatronics invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

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.Enterprise Value is likely to gain to about 9.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 10.3 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

Gross Profit Total Revenue

Dynatronics fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Other Current Liab	Accounts Payable	Other Current Assets	Short Long Term Debt Total	Short Term Debt	Property Plant And Equipment Gross	Good Will	Common Stock Total Equity
Total Assets		0.87	0.96	0.4	0.33	-0.64	0.29	0.82	-0.01	0.29	0.89	0.51	0.56	0.85	-0.07	0.89	0.94	0.87	0.87	0.65	0.48	0.58	0.35	0.42	0.77	0.66
Total Current Liabilities	0.87		0.75	0.42	0.65	-0.35	-0.02	0.63	-0.01	-0.02	0.92	0.22	0.32	0.91	0.12	0.9	0.86	0.76	0.72	0.5	0.59	0.77	0.74	0.16	0.55	0.38
Total Stockholder Equity	0.96	0.75		0.39	0.09	-0.71	0.37	0.86	-0.16	0.37	0.79	0.6	0.58	0.77	0.0	0.72	0.9	0.89	0.88	0.65	0.42	0.34	0.16	0.47	0.84	0.75
Property Plant And Equipment Net	0.4	0.42	0.39		-0.07	0.16	0.41	0.19	-0.71	0.41	0.59	-0.35	0.57	0.45	0.6	0.34	0.62	0.32	0.57	-0.12	0.25	0.15	0.25	-0.34	0.01	-0.12
Net Debt	0.33	0.65	0.09	-0.07		-0.04	-0.57	0.16	0.45	-0.57	0.49	-0.04	-0.09	0.54	-0.1	0.66	0.26	0.22	0.13	0.25	0.44	0.85	0.79	0.04	0.1	-0.02
Retained Earnings	-0.64	-0.35	-0.71	0.16	-0.04		-0.09	-0.87	-0.12	-0.09	-0.36	-0.94	-0.5	-0.5	0.23	-0.41	-0.47	-0.7	-0.53	-0.85	-0.13	-0.11	0.19	-0.93	-0.9	-0.96
Cash	0.29	-0.02	0.37	0.41	-0.57	-0.09		0.19	-0.21	1.0	0.15	0.11	0.37	-0.1	-0.06	0.1	0.41	0.19	0.31	0.0	0.01	-0.07	-0.24	-0.02	0.14	0.2
Non Current Assets Total	0.82	0.63	0.86	0.19	0.16	-0.87	0.19		-0.1	0.19	0.7	0.77	0.64	0.67	0.02	0.61	0.72	0.94	0.8	0.75	0.34	0.33	0.17	0.76	0.96	0.89
Non Currrent Assets Other	-0.01	-0.01	-0.16	-0.71	0.45	-0.12	-0.21	-0.1		-0.21	-0.12	0.26	-0.49	-0.11	-0.86	0.23	-0.16	-0.18	-0.31	0.26	0.05	0.43	0.11	0.19	0.01	0.1
Cash And Short Term Investments	0.29	-0.02	0.37	0.41	-0.57	-0.09	1.0	0.19	-0.21		0.15	0.11	0.37	-0.1	-0.06	0.1	0.41	0.19	0.31	0.0	0.01	-0.07	-0.24	-0.02	0.14	0.2
Net Receivables	0.89	0.92	0.79	0.59	0.49	-0.36	0.15	0.7	-0.12	0.15		0.19	0.49	0.85	0.11	0.88	0.92	0.83	0.87	0.43	0.57	0.69	0.62	0.15	0.6	0.39
Common Stock Shares Outstanding	0.51	0.22	0.6	-0.35	-0.04	-0.94	0.11	0.77	0.26	0.11	0.19		0.27	0.35	-0.37	0.27	0.34	0.58	0.33	0.88	0.08	0.04	-0.23	0.93	0.84	0.97
Non Current Liabilities Total	0.56	0.32	0.58	0.57	-0.09	-0.5	0.37	0.64	-0.49	0.37	0.49	0.27		0.43	0.34	0.44	0.54	0.56	0.7	0.26	0.03	0.12	-0.11	0.42	0.49	0.43
Inventory	0.85	0.91	0.77	0.45	0.54	-0.5	-0.1	0.67	-0.11	-0.1	0.85	0.35	0.43		0.14	0.82	0.85	0.73	0.7	0.67	0.46	0.58	0.51	0.32	0.59	0.5
Other Stockholder Equity	-0.07	0.12	0.0	0.6	-0.1	0.23	-0.06	0.02	-0.86	-0.06	0.11	-0.37	0.34	0.14		-0.16	0.07	0.08	0.16	-0.28	0.14	-0.18	0.2	-0.26	-0.13	-0.23
Total Liab	0.89	0.9	0.72	0.34	0.66	-0.41	0.1	0.61	0.23	0.1	0.88	0.27	0.44	0.82	-0.16		0.84	0.67	0.71	0.52	0.5	0.86	0.58	0.25	0.52	0.4
Total Current Assets	0.94	0.86	0.9	0.62	0.26	-0.47	0.41	0.72	-0.16	0.41	0.92	0.34	0.54	0.85	0.07	0.84		0.8	0.84	0.57	0.48	0.57	0.42	0.24	0.63	0.53
Intangible Assets	0.87	0.76	0.89	0.32	0.22	-0.7	0.19	0.94	-0.18	0.19	0.83	0.58	0.56	0.73	0.08	0.67	0.8		0.89	0.61	0.46	0.39	0.34	0.54	0.91	0.74
Other Current Liab	0.87	0.72	0.88	0.57	0.13	-0.53	0.31	0.8	-0.31	0.31	0.87	0.33	0.7	0.7	0.16	0.71	0.84	0.89		0.37	0.35	0.35	0.23	0.3	0.73	0.53
Accounts Payable	0.65	0.5	0.65	-0.12	0.25	-0.85	0.0	0.75	0.26	0.0	0.43	0.88	0.26	0.67	-0.28	0.52	0.57	0.61	0.37		0.22	0.32	0.08	0.81	0.76	0.89
Other Current Assets	0.48	0.59	0.42	0.25	0.44	-0.13	0.01	0.34	0.05	0.01	0.57	0.08	0.03	0.46	0.14	0.5	0.48	0.46	0.35	0.22		0.54	0.57	-0.02	0.31	0.17
Short Long Term Debt Total	0.58	0.77	0.34	0.15	0.85	-0.11	-0.07	0.33	0.43	-0.07	0.69	0.04	0.12	0.58	-0.18	0.86	0.57	0.39	0.35	0.32	0.54		0.82	0.06	0.22	0.12
Short Term Debt	0.35	0.74	0.16	0.25	0.79	0.19	-0.24	0.17	0.11	-0.24	0.62	-0.23	-0.11	0.51	0.2	0.58	0.42	0.34	0.23	0.08	0.57	0.82		-0.22	0.06	-0.12
Property Plant And Equipment Gross	0.42	0.16	0.47	-0.34	0.04	-0.93	-0.02	0.76	0.19	-0.02	0.15	0.93	0.42	0.32	-0.26	0.25	0.24	0.54	0.3	0.81	-0.02	0.06	-0.22		0.79	0.9
Good Will	0.77	0.55	0.84	0.01	0.1	-0.9	0.14	0.96	0.01	0.14	0.6	0.84	0.49	0.59	-0.13	0.52	0.63	0.91	0.73	0.76	0.31	0.22	0.06	0.79		0.92
Common Stock Total Equity	0.66	0.38	0.75	-0.12	-0.02	-0.96	0.2	0.89	0.1	0.2	0.39	0.97	0.43	0.5	-0.23	0.4	0.53	0.74	0.53	0.89	0.17	0.12	-0.12	0.9	0.92

Click cells to compare fundamentals

Dynatronics Account Relationship Matchups

Dynatronics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	27.6M	39.1M	35.4M	30.1M	34.6M	18.1M
Total Current Liabilities	7.7M	8.5M	9.9M	7.9M	9.1M	5.3M
Total Stockholder Equity	19.9M	25.5M	21.7M	16.9M	19.4M	9.7M
Property Plant And Equipment Net	8.3M	5.8M	4.5M	310.7K	357.3K	339.5K
Net Debt	(1.3M)	(1.2M)	3.1M	5.1M	5.9M	3.6M
Retained Earnings	(16.3M)	(15.1M)	(19.8M)	(25.5M)	(22.9M)	(21.8M)
Cash	2.3M	6.3M	701K	553K	636.0K	945.9K
Non Current Assets Total	21.5M	18.2M	16.2M	17.6M	20.3M	21.3M
Non Currrent Assets Other	(21.1M)	403.8K	373.7K	6.6M	5.9M	6.2M
Cash And Short Term Investments	2.3M	6.3M	701K	553K	636.0K	945.9K
Net Receivables	4.9M	5.6M	5.4M	3.7M	4.3M	3.7M
Common Stock Shares Outstanding	2.1M	3.1M	3.6M	3.9M	4.5M	4.7M
Liabilities And Stockholders Equity	27.6M	39.1M	35.4M	30.1M	34.6M	18.1M
Non Current Liabilities Total	10.0M	5.2M	3.8M	5.3M	6.1M	3.6M
Inventory	8.4M	6.5M	12.1M	7.4M	8.5M	5.5M
Other Stockholder Equity	27.5M	475.0	442.0	474.0	545.1	517.84
Total Liab	7.7M	13.6M	13.7M	13.2M	15.2M	8.4M
Total Current Assets	16.1M	20.9M	19.2M	12.4M	14.3M	10.8M
Intangible Assets	5.7M	4.9M	4.2M	3.6M	4.2M	4.4M
Other Current Liab	3.5M	3.4M	2.4M	1.9M	2.2M	1.1M
Accounts Payable	3.0M	3.7M	6.2M	4.5M	5.2M	5.5M
Other Current Assets	493K	2.5M	742.0K	741K	852.2K	886.5K
Short Long Term Debt Total	1.0M	5.1M	3.8M	5.6M	6.5M	5.0M
Short Term Debt	1.0M	1.2M	1.2M	1.4M	1.6M	2.5M
Property Plant And Equipment Gross	8.3M	5.8M	8.5M	10.8M	12.5M	13.1M
Common Stock Total Equity	20.2M	21.3M	27.5M	32.6M	37.5M	39.4M
Common Stock	27.5M	32.6M	33.5M	34.4M	39.5M	41.5M
Other Liab	1.4M	1.3M	1.1M	979.0K	1.1M	1.2M
Other Assets	(10.0M)	403.9K	373.7K	829.0K	746.1K	783.5K
Long Term Debt	303.3K	129.4K	3.5M	5.4K	4.8K	4.6K
Property Plant Equipment	8.3M	5.8M	4.5M	6.1M	7.0M	4.7M
Net Tangible Assets	(1.7M)	5.5M	2.4M	(1.9M)	(1.7M)	(1.6M)
Short Long Term Debt	6.7M	1.1M	13.4K	5.4K	4.8K	4.6K

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 Dynatronics 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, Dynatronics' short interest history, or implied volatility extrapolated from Dynatronics options trading.

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 together with Dynatronics Stock

0.64

EMBC

Embecta Corp Financial Report 10th of May 2024

Pair Corr

Moving against Dynatronics Stock

0.62	ELMD	Electromed	Pair Corr
0.62	BAX	Baxter International Sell-off Trend	Pair Corr
0.55	FEMY	Femasys Financial Report 9th of May 2024	Pair Corr
0.55	ALC	Alcon AG Financial Report 14th of May 2024	Pair Corr
0.48	COO	Cooper Companies Financial Report 6th of June 2024	Pair Corr

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 Correlation Correlation 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:

How To Invest In Dynatronics

Details

Is Dynatronics Stock a good investment?

Details

What is Dynatronics' Net Worth?

Details

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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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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.

	Equity Valuation Check real value of public entities based on technical and fundamental data
	Commodity Channel Use Commodity Channel Index to analyze current equity momentum
	Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios
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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.

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Dynatronics Net Income vs Invested Capital Analysis

Net Income vs Invested Capital

Net Income vs Invested Capital Correlation Analysis

Correlation Coefficient

Net Income

Invested Capital

Dynatronics fundamental ratios Correlations

Dynatronics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dynatronics fundamental ratios Accounts

Pair Trading with Dynatronics

Moving together with Dynatronics Stock

Moving against Dynatronics Stock

Complementary Tools for Dynatronics Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock Total Equity	+ 0.97	Common Stock Shares Outstanding
Total Stockholder Equity	+ 0.96	Total Assets
Good Will	+ 0.96	Non Current Assets Total
Total Current Assets	+ 0.94	Total Assets
Intangible Assets	+ 0.94	Non Current Assets Total

Common Stock Total Equity	- 0.96	Retained Earnings
Common Stock Shares Outstanding	- 0.94	Retained Earnings
Property Plant And Equipment Gross	- 0.93	Retained Earnings
Good Will	- 0.9	Retained Earnings
Non Current Assets Total	- 0.87	Retained Earnings
Other Stockholder Equity	- 0.86	Non Currrent Assets Other