Daily Depreciation vs Free Cash Flow Analysis

DJCO Stock

USD 547.61 0.76 0.14%

Daily Journal financial indicator trend analysis is much more than just examining Daily Journal Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Daily Journal Corp is a good investment. Please check the relationship between Daily Journal Depreciation and its Free Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Daily Journal Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Depreciation vs Free Cash Flow

Depreciation vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Daily Journal Corp Depreciation account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Daily Journal's Depreciation and Free Cash Flow is -0.38. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Daily Journal Corp, assuming nothing else is changed. The correlation between historical values of Daily Journal's Depreciation and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Daily Journal Corp are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Depreciation i.e., Daily Journal's Depreciation and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.38

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Depreciation

Depreciation indicates how much of Daily Journal Corp value has been used up. For tax purposes Daily Journal can deduct the cost of the tangible assets it purchases as business expenses. However, Daily Journal Corp must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Daily Journal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Daily Journal Corp 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 Daily Journal Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

At this time, Daily Journal's Tax Provision is very stable compared to the past year. As of the 20th of December 2024, Enterprise Value Over EBITDA is likely to grow to 49.02, while Selling General Administrative is likely to drop about 4.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	11.7M	16.0M	14.4M	14.9M
Total Revenue	54.0M	67.7M	77.9M	81.8M

Gross Profit Total Revenue

Daily Journal fundamental ratios Correlations

	Total Assets	Other Current Liab	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 Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Short Long Term Debt Total	Accounts Payable	Short Term Debt	Short Term Investments	Other Assets
Total Assets		0.1	0.21	0.99	0.63	0.81	0.86	0.71	-0.01	-0.61	0.99	0.81	-0.77	0.9	-0.5	0.7	0.18	0.98	0.84	0.99	-0.28	0.85	0.76	-0.41	0.99	0.18
Other Current Liab	0.1		0.98	0.05	0.46	-0.04	-0.29	-0.11	0.78	0.41	0.01	-0.11	-0.33	-0.28	-0.49	-0.16	-0.16	0.16	-0.02	0.0	0.58	-0.09	0.05	0.31	0.01	-0.11
Total Current Liabilities	0.21	0.98		0.16	0.51	0.04	-0.18	0.0	0.74	0.3	0.12	0.0	-0.41	-0.18	-0.53	-0.08	-0.07	0.26	0.07	0.11	0.59	0.01	0.2	0.3	0.12	-0.12
Total Stockholder Equity	0.99	0.05	0.16		0.63	0.74	0.87	0.65	-0.03	-0.6	0.99	0.75	-0.76	0.89	-0.53	0.71	0.17	0.94	0.78	0.98	-0.3	0.78	0.72	-0.39	0.99	0.17
Property Plant And Equipment Net	0.63	0.46	0.51	0.63		0.32	0.35	0.34	0.49	-0.02	0.57	0.28	-0.87	0.39	-0.93	0.28	-0.01	0.59	0.5	0.56	0.04	0.36	0.41	-0.16	0.57	0.21
Net Debt	0.81	-0.04	0.04	0.74	0.32		0.73	0.57	-0.3	-0.72	0.83	0.92	-0.52	0.86	-0.15	0.57	0.16	0.87	0.94	0.84	-0.4	0.97	0.71	-0.46	0.83	0.14
Retained Earnings	0.86	-0.29	-0.18	0.87	0.35	0.73		0.7	-0.43	-0.84	0.9	0.82	-0.55	0.92	-0.27	0.82	0.16	0.82	0.76	0.91	-0.47	0.8	0.73	-0.45	0.9	0.14
Cash	0.71	-0.11	0.0	0.65	0.34	0.57	0.7		-0.1	-0.42	0.7	0.71	-0.55	0.76	-0.28	0.73	0.22	0.75	0.68	0.71	-0.16	0.73	0.72	-0.28	0.66	0.11
Non Current Assets Total	-0.01	0.78	0.74	-0.03	0.49	-0.3	-0.43	-0.1		0.61	-0.12	-0.37	-0.3	-0.34	-0.52	-0.37	-0.19	0.01	-0.23	-0.14	0.6	-0.31	-0.2	0.31	-0.12	-0.04
Non Currrent Assets Other	-0.61	0.41	0.3	-0.6	-0.02	-0.72	-0.84	-0.42	0.61		-0.67	-0.77	0.27	-0.76	-0.02	-0.56	-0.11	-0.61	-0.65	-0.68	0.43	-0.72	-0.67	0.33	-0.68	-0.03
Cash And Short Term Investments	0.99	0.01	0.12	0.99	0.57	0.83	0.9	0.7	-0.12	-0.67		0.83	-0.73	0.93	-0.44	0.73	0.2	0.97	0.85	1.0	-0.36	0.87	0.77	-0.45	1.0	0.2
Net Receivables	0.81	-0.11	0.0	0.75	0.28	0.92	0.82	0.71	-0.37	-0.77	0.83		-0.6	0.86	-0.19	0.66	0.09	0.86	0.94	0.85	-0.24	0.97	0.78	-0.25	0.82	-0.08
Common Stock Shares Outstanding	-0.77	-0.33	-0.41	-0.76	-0.87	-0.52	-0.55	-0.55	-0.3	0.27	-0.73	-0.6		-0.57	0.85	-0.37	0.09	-0.75	-0.72	-0.73	-0.12	-0.61	-0.57	-0.03	-0.72	0.1
Non Current Liabilities Total	0.9	-0.28	-0.18	0.89	0.39	0.86	0.92	0.76	-0.34	-0.76	0.93	0.86	-0.57		-0.24	0.77	0.24	0.9	0.86	0.94	-0.54	0.9	0.77	-0.57	0.92	0.29
Inventory	-0.5	-0.49	-0.53	-0.53	-0.93	-0.15	-0.27	-0.28	-0.52	-0.02	-0.44	-0.19	0.85	-0.24		-0.25	0.08	-0.45	-0.35	-0.43	-0.27	-0.22	-0.39	-0.13	-0.44	0.01
Other Current Assets	0.7	-0.16	-0.08	0.71	0.28	0.57	0.82	0.73	-0.37	-0.56	0.73	0.66	-0.37	0.77	-0.25		0.21	0.68	0.59	0.74	-0.41	0.66	0.71	-0.46	0.72	0.21
Other Stockholder Equity	0.18	-0.16	-0.07	0.17	-0.01	0.16	0.16	0.22	-0.19	-0.11	0.2	0.09	0.09	0.24	0.08	0.21		0.18	0.1	0.2	-0.21	0.21	0.28	-0.44	0.2	0.48
Total Liab	0.98	0.16	0.26	0.94	0.59	0.87	0.82	0.75	0.01	-0.61	0.97	0.86	-0.75	0.9	-0.45	0.68	0.18		0.89	0.97	-0.25	0.9	0.79	-0.41	0.96	0.19
Property Plant And Equipment Gross	0.84	-0.02	0.07	0.78	0.5	0.94	0.76	0.68	-0.23	-0.65	0.85	0.94	-0.72	0.86	-0.35	0.59	0.1	0.89		0.86	-0.31	0.97	0.73	-0.35	0.84	0.05
Total Current Assets	0.99	0.0	0.11	0.98	0.56	0.84	0.91	0.71	-0.14	-0.68	1.0	0.85	-0.73	0.94	-0.43	0.74	0.2	0.97	0.86		-0.35	0.88	0.78	-0.44	1.0	0.18
Intangible Assets	-0.28	0.58	0.59	-0.3	0.04	-0.4	-0.47	-0.16	0.6	0.43	-0.36	-0.24	-0.12	-0.54	-0.27	-0.41	-0.21	-0.25	-0.31	-0.35		-0.36	-0.16	0.87	-0.36	-0.69
Short Long Term Debt Total	0.85	-0.09	0.01	0.78	0.36	0.97	0.8	0.73	-0.31	-0.72	0.87	0.97	-0.61	0.9	-0.22	0.66	0.21	0.9	0.97	0.88	-0.36		0.78	-0.41	0.85	0.1
Accounts Payable	0.76	0.05	0.2	0.72	0.41	0.71	0.73	0.72	-0.2	-0.67	0.77	0.78	-0.57	0.77	-0.39	0.71	0.28	0.79	0.73	0.78	-0.16	0.78		-0.25	0.75	0.19
Short Term Debt	-0.41	0.31	0.3	-0.39	-0.16	-0.46	-0.45	-0.28	0.31	0.33	-0.45	-0.25	-0.03	-0.57	-0.13	-0.46	-0.44	-0.41	-0.35	-0.44	0.87	-0.41	-0.25		-0.45	-0.82
Short Term Investments	0.99	0.01	0.12	0.99	0.57	0.83	0.9	0.66	-0.12	-0.68	1.0	0.82	-0.72	0.92	-0.44	0.72	0.2	0.96	0.84	1.0	-0.36	0.85	0.75	-0.45		0.2
Other Assets	0.18	-0.11	-0.12	0.17	0.21	0.14	0.14	0.11	-0.04	-0.03	0.2	-0.08	0.1	0.29	0.01	0.21	0.48	0.19	0.05	0.18	-0.69	0.1	0.19	-0.82	0.2

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Daily Journal Account Relationship Matchups

Daily Journal fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	238.6M	390.6M	319.1M	354.9M	408.1M	428.5M
Other Current Liab	23.9M	23.4M	28.4M	28.5M	32.8M	18.6M
Total Current Liabilities	28.0M	34.0M	33.6M	42.2M	48.5M	25.6M
Total Stockholder Equity	141.7M	254.6M	179.0M	200.5M	230.5M	242.1M
Property Plant And Equipment Net	10.6M	10.2M	9.7M	9.5M	10.9M	9.9M
Net Debt	4.3M	21.0M	63.0M	55.2M	63.5M	66.7M
Retained Earnings	140.0M	252.9M	177.2M	198.7M	228.5M	239.9M
Cash	26.9M	12.6M	13.4M	21.0M	24.2M	25.4M
Non Current Assets Total	22.3M	18.2M	9.7M	9.5M	10.9M	17.2M
Non Currrent Assets Other	(23.5M)	11.7M	(25.7M)	(30.6M)	(27.5M)	(26.2M)
Cash And Short Term Investments	206.3M	360.2M	289.0M	324.2M	372.8M	391.4M
Net Receivables	7.3M	9.5M	18.0M	18.7M	21.5M	22.6M
Liabilities And Stockholders Equity	238.6M	390.6M	319.1M	354.9M	408.1M	428.5M
Non Current Liabilities Total	68.8M	101.9M	106.5M	112.2M	129.0M	135.5M
Other Current Assets	2.7M	2.6M	2.5M	2.5M	2.2M	1.5M
Total Liab	96.8M	135.9M	140.1M	154.4M	177.5M	186.4M
Property Plant And Equipment Gross	10.6M	10.0M	19.5M	19.7M	22.7M	23.8M
Total Current Assets	216.3M	372.3M	309.5M	345.4M	397.2M	417.1M
Short Long Term Debt Total	31.2M	33.6M	76.4M	76.3M	87.7M	92.1M
Accounts Payable	3.9M	4.2M	5.1M	6.6M	7.6M	3.8M
Short Term Debt	133K	147K	146K	1.3M	1.5M	1.5M
Short Term Investments	179.4M	347.6M	275.5M	303.1M	348.6M	366.0M
Other Assets	12.2M	13.6M	11.7M	8.0M	9.2M	4.9M
Property Plant Equipment	10.8M	10.5M	10.0M	9.6M	8.6M	8.3M
Current Deferred Revenue	140K	5.5M	6.4M	5.8M	5.2M	4.6M
Long Term Debt	1.6M	1.4M	1.3M	76.1M	87.5M	91.9M
Other Liab	37.8M	37.8M	68.5M	30.2M	34.7M	18.7M
Net Tangible Assets	137.7M	141.7M	254.6M	179.0M	205.9M	144.5M
Retained Earnings Total Equity	135.9M	140.0M	252.9M	177.2M	203.8M	214.0M
Deferred Long Term Liab	37.2M	35.9M	64.1M	25.3M	29.1M	18.9M
Non Current Liabilities Other	30.1M	31.4M	36.4M	79.9M	91.9M	96.5M

Pair Trading with Daily Journal

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

Moving together with Daily Stock

0.79	AI	C3 Ai Inc	Pair Corr
0.84	BL	Blackline	Pair Corr

Moving against Daily Stock

0.78	VTEX	VTEX	Pair Corr
0.43	VERB	VERB TECHNOLOGY PANY	Pair Corr

The ability to find closely correlated positions to Daily Journal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daily Journal 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 Daily Journal - 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 Daily Journal Corp to buy it.

The correlation of Daily Journal 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 Daily Journal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daily Journal Corp 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 Daily Journal 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 Daily Journal Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Daily Journal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Daily Journal Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Daily Journal Corp Stock:

How To Invest In Daily

Details

Is Daily Stock a good investment?

Details

What is Daily Journal's Net Worth?

Details

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Largest Software - Application Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Daily Journal Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Is Publishing space 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 Daily Journal. If investors know Daily 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 Daily Journal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

33.498

Earnings Share

32.61

Revenue Per Share

52.002

Quarterly Revenue Growth

(0.01)

Return On Assets

0.0136

The market value of Daily Journal Corp is measured differently than its book value, which is the value of Daily that is recorded on the company's balance sheet. Investors also form their own opinion of Daily Journal's value that differs from its market value or its book value, called intrinsic value, which is Daily Journal's 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 Daily Journal's market value can be influenced by many factors that don't directly affect Daily Journal's 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 Daily Journal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Daily Journal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daily Journal's 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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Daily Depreciation vs Free Cash Flow Analysis

Depreciation vs Free Cash Flow

Depreciation vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Depreciation

Free Cash Flow

Daily Journal fundamental ratios Correlations

Daily Journal Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Daily Journal fundamental ratios Accounts

Pair Trading with Daily Journal

Moving together with Daily Stock

Moving against Daily Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Cash And Short Term Investments
Short Term Investments	+ 1.0	Cash And Short Term Investments
Short Term Investments	+ 1.0	Total Current Assets
Total Stockholder Equity	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets

Inventory	- 0.93	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.87	Property Plant And Equipment Net
Non Currrent Assets Other	- 0.84	Retained Earnings
Other Assets	- 0.82	Short Term Debt
Net Receivables	- 0.77	Non Currrent Assets Other
Common Stock Shares Outstanding	- 0.77	Total Assets