Dayforce Net Income From Continuing Ops vs Net Income Analysis

DAY Stock   79.99  0.12  0.15%   
Dayforce financial indicator trend analysis is much more than just examining Dayforce latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dayforce is a good investment. Please check the relationship between Dayforce Net Income From Continuing Ops and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dayforce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Dayforce Stock please use our How to Invest in Dayforce guide.

Net Income From Continuing Ops vs Net Income

Net Income From Continuing Ops vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dayforce Net Income From Continuing Ops account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dayforce's Net Income From Continuing Ops and Net Income is 0.96. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Net Income in the same time period over historical financial statements of Dayforce, assuming nothing else is changed. The correlation between historical values of Dayforce's Net Income From Continuing Ops and Net Income 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 From Continuing Ops of Dayforce are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Income From Continuing Ops i.e., Dayforce's Net Income From Continuing Ops and Net Income go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income From Continuing Ops

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Dayforce financial statement analysis. It represents the amount of money remaining after all of Dayforce operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Dayforce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dayforce 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 Dayforce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Dayforce Stock please use our How to Invest in Dayforce guide.At this time, Dayforce's Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to rise to about 15.3 B in 2024, despite the fact that Discontinued Operations is likely to grow to (22.1 M).
 2021 2022 2023 2024 (projected)
Interest Expense35.9M28.6M36.1M44.8M
Depreciation And Amortization77.5M89M132.5M76.5M

Dayforce fundamental ratios Correlations

0.830.850.37-0.40.070.590.1-0.150.90.540.710.04-0.030.660.540.780.740.730.380.520.330.76-0.080.950.0
0.831.0-0.190.15-0.450.08-0.320.270.710.010.21-0.46-0.150.790.010.310.30.330.480.65-0.240.98-0.030.95-0.06
0.851.0-0.160.11-0.420.12-0.270.220.730.040.24-0.42-0.150.790.040.340.340.370.490.63-0.210.980.010.96-0.02
0.37-0.19-0.16-0.960.940.940.57-0.560.310.920.850.790.38-0.30.920.820.670.74-0.31-0.090.99-0.31-0.180.110.04
-0.40.150.11-0.96-0.9-0.92-0.660.64-0.31-0.86-0.87-0.84-0.410.23-0.86-0.8-0.75-0.780.280.1-0.960.260.02-0.13-0.2
0.07-0.45-0.420.94-0.90.820.5-0.47-0.020.750.630.790.51-0.60.750.580.420.57-0.57-0.230.93-0.58-0.17-0.190.05
0.590.080.120.94-0.920.820.54-0.530.510.950.880.720.31-0.10.950.920.720.85-0.14-0.040.93-0.05-0.130.370.08
0.1-0.32-0.270.57-0.660.50.54-0.90.170.590.560.910.13-0.070.590.540.580.410.22-0.580.66-0.310.4-0.120.5
-0.150.270.22-0.560.64-0.47-0.53-0.9-0.31-0.65-0.6-0.840.06-0.02-0.65-0.59-0.62-0.29-0.230.55-0.670.24-0.330.07-0.42
0.90.710.730.31-0.31-0.020.510.17-0.310.60.670.09-0.380.710.60.760.730.560.530.370.310.7-0.020.850.03
0.540.010.040.92-0.860.750.950.59-0.650.60.90.740.07-0.021.00.940.760.740.0-0.120.93-0.08-0.170.30.01
0.710.210.240.85-0.870.630.880.56-0.60.670.90.620.10.240.90.940.950.850.10.110.840.14-0.140.470.05
0.04-0.46-0.420.79-0.840.790.720.91-0.840.090.740.620.29-0.380.740.60.540.49-0.14-0.530.86-0.510.18-0.210.34
-0.03-0.15-0.150.38-0.410.510.310.130.06-0.380.070.10.29-0.530.070.1-0.040.24-0.540.090.32-0.3-0.07-0.090.02
0.660.790.79-0.30.23-0.6-0.1-0.07-0.020.71-0.020.24-0.38-0.53-0.020.250.440.170.820.37-0.30.880.090.730.02
0.540.010.040.92-0.860.750.950.59-0.650.61.00.90.740.07-0.020.940.760.740.0-0.120.93-0.08-0.170.30.01
0.780.310.340.82-0.80.580.920.54-0.590.760.940.940.60.10.250.940.860.80.210.070.820.22-0.10.570.06
0.740.30.340.67-0.750.420.720.58-0.620.730.760.950.54-0.040.440.760.860.80.270.170.670.290.00.520.15
0.730.330.370.74-0.780.570.850.41-0.290.560.740.850.490.240.170.740.80.8-0.020.220.690.23-0.140.550.06
0.380.480.49-0.310.28-0.57-0.140.22-0.230.530.00.1-0.14-0.540.820.00.210.27-0.02-0.11-0.250.60.30.440.19
0.520.650.63-0.090.1-0.23-0.04-0.580.550.37-0.120.11-0.530.090.37-0.120.070.170.22-0.11-0.210.6-0.380.6-0.37
0.33-0.24-0.210.99-0.960.930.930.66-0.670.310.930.840.860.32-0.30.930.820.670.69-0.25-0.21-0.35-0.120.050.08
0.760.980.98-0.310.26-0.58-0.05-0.310.240.7-0.080.14-0.51-0.30.88-0.080.220.290.230.60.6-0.350.030.9-0.03
-0.08-0.030.01-0.180.02-0.17-0.130.4-0.33-0.02-0.17-0.140.18-0.070.09-0.17-0.10.0-0.140.3-0.38-0.120.03-0.040.97
0.950.950.960.11-0.13-0.190.37-0.120.070.850.30.47-0.21-0.090.730.30.570.520.550.440.60.050.9-0.04-0.02
0.0-0.06-0.020.04-0.20.050.080.5-0.420.030.010.050.340.020.020.010.060.150.060.19-0.370.08-0.030.97-0.02
Click cells to compare fundamentals

Dayforce Account Relationship Matchups

Dayforce fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1B6.7B7.2B7.9B9.0B7.6B
Other Current Liab3.3B3.8B3.6B4.4B5.2B4.3B
Total Current Liabilities3.4B3.9B3.7B4.5B5.3B4.4B
Total Stockholder Equity1.9B2.1B2.2B2.1B2.4B1.9B
Other Liab135.3M45M39.7M37.2M33.5M31.8M
Net Tangible Assets(269.1M)(128.6M)(428.6M)(452.2M)(520.0M)(546.0M)
Property Plant And Equipment Net160.3M164.3M157.6M199.2M229.2M158.2M
Net Debt434.7M523.7M809.2M823M673.3M694.7M
Retained Earnings(229.8M)(233.8M)(309.2M)(372.6M)(317.8M)(333.7M)
Accounts Payable43.2M38.9M51.7M54.3M66.7M53.8M
Cash281.3M188.2M367.5M431.9M570.3M287.4M
Non Current Assets Total2.5B2.6B3.0B3.0B3.1B2.9B
Non Currrent Assets Other150.3M187.6M208.4M262.4M302.4M317.5M
Other Assets150.3M4.0B1.0262.4M301.8M286.7M
Long Term Debt666.3M660.6M1.1B1.2B1.2B1.1B
Cash And Short Term Investments281.3M188.2M367.5M431.9M570.3M287.4M
Net Receivables80.4M101.1M146.3M180.1M228.8M125.1M
Good Will2.0B2.0B2.3B2.3B2.3B2.3B
Common Stock Shares Outstanding148.8M146.8M150.4M152.9M158.5M155.3M
Non Current Liabilities Total831.7M739.2M1.2B1.3B1.3B897.4M
Other Current Assets57.9M3.8B3.6B98M5.1B5.4B
Other Stockholder Equity2.4B2.6B2.9B3.0B3.2B2.5B
Total Liab4.2B4.6B4.9B5.8B6.6B5.7B
Short Long Term Debt10.8M7.2M8.3M7.8M7.6M7.2M
Total Current Assets3.6B4.1B4.1B4.9B6.0B4.7B
Short Term Debt6.8M19.6M17.7M17.8M14.6M18.4M
Intangible Assets177.9M195M332.5M281.6M230.2M258.3M
Property Plant Equipment160.3M136.4M157.6M174.9M201.1M138.7M
Short Long Term Debt Total716M711.9M1.2B1.3B1.2B1.1B
Current Deferred Revenue25.5M24.4M48.7M41.2M40.2M32.1M
Long Term Debt Total666.3M660.6M1.1B1.2B1.4B1.0B
Liabilities And Stockholders Equity6.1B6.7B7.2B7.9B9.0B7.6B
Capital Surpluse2.4B2.6B2.9B3.0B3.4B2.6B
Inventory3.2B3.8B3.5B4.2B4.8B4.0B
Property Plant And Equipment Gross160.3M164.3M157.6M199.2M730.6M767.1M
Accumulated Other Comprehensive Income(338.4M)(276M)(324.8M)(485M)(436.7M)(458.5M)
Non Current Liabilities Other18.1M78.6M19M19.5M21.1M37.4M

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