Dawson Retained Earnings vs Accounts Payable Analysis
DWSN Stock | USD 1.50 0.02 1.32% |
Dawson Geophysical financial indicator trend analysis is much more than just examining Dawson Geophysical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dawson Geophysical is a good investment. Please check the relationship between Dawson Geophysical Retained Earnings and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dawson Geophysical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Dawson Stock, please use our How to Invest in Dawson Geophysical guide.
Retained Earnings vs Accounts Payable
Retained Earnings vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dawson Geophysical Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dawson Geophysical's Retained Earnings and Accounts Payable is 0.57. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Dawson Geophysical, assuming nothing else is changed. The correlation between historical values of Dawson Geophysical's Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Dawson Geophysical are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Dawson Geophysical's Retained Earnings and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Accounts Payable
An accounting item on the balance sheet that represents Dawson Geophysical obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Dawson Geophysical are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Dawson Geophysical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dawson Geophysical 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 Dawson Geophysical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Dawson Stock, please use our How to Invest in Dawson Geophysical guide.As of the 29th of November 2024, Tax Provision is likely to grow to about 11.6 K, while Selling General Administrative is likely to drop about 8.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 24.7M | 37.5M | 96.8M | 82.5M | Interest Expense | 21K | 31K | 103K | 97.9K |
Dawson Geophysical fundamental ratios Correlations
Click cells to compare fundamentals
Dawson Geophysical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dawson Geophysical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 127.6M | 103.4M | 74.0M | 60.5M | 57.5M | 80.8M | |
Short Long Term Debt Total | 11.3M | 6.1M | 5.2M | 4.9M | 6.2M | 7.5M | |
Other Current Liab | 5.6M | 2.3M | 1.7M | 4.3M | 4.1M | 3.0M | |
Total Current Liabilities | 18.3M | 7.4M | 7.6M | 15.8M | 22.4M | 14.1M | |
Total Stockholder Equity | 103.2M | 91.0M | 62.5M | 41.1M | 31.4M | 59.4M | |
Property Plant And Equipment Net | 60.2M | 44.4M | 30.8M | 22.1M | 19.7M | 18.7M | |
Net Debt | (15.0M) | (34.8M) | (20.2M) | (9.0M) | (4.5M) | (4.8M) | |
Retained Earnings | (49.7M) | (62.9M) | (92.0M) | (112.5M) | (123.6M) | (117.5M) | |
Accounts Payable | 4.0M | 1.6M | 2.6M | 2.1M | 3.9M | 4.8M | |
Cash | 26.3M | 41.0M | 25.4M | 13.9M | 10.8M | 13.1M | |
Non Current Assets Total | 62.0M | 44.8M | 31.2M | 22.5M | 20.1M | 19.1M | |
Cash And Short Term Investments | 28.6M | 41.5M | 25.6M | 14.2M | 11.0M | 17.4M | |
Net Receivables | 24.4M | 7.3M | 8.9M | 13.4M | 17.1M | 13.4M | |
Common Stock Shares Outstanding | 23.2M | 23.4M | 23.6M | 25.0M | 26.8M | 28.1M | |
Liabilities And Stockholders Equity | 127.6M | 103.4M | 74.0M | 60.5M | 57.5M | 80.8M | |
Non Current Liabilities Total | 6.2M | 5.0M | 4.0M | 3.7M | 3.7M | 3.5M | |
Other Current Assets | 11.2M | 9.7M | 8.3M | 11.6M | 9.3M | 9.8M | |
Other Stockholder Equity | 154.2M | 154.9M | 155.3M | 163.1M | 156.7M | 164.5M | |
Total Liab | 24.4M | 12.4M | 11.6M | 19.4M | 26.1M | 21.5M | |
Property Plant And Equipment Gross | 60.2M | 44.4M | 257.5M | 248.8M | 286.2M | 300.5M | |
Total Current Assets | 65.6M | 58.6M | 42.9M | 38.0M | 37.4M | 35.3M | |
Accumulated Other Comprehensive Income | (1.6M) | (1.2M) | (1.0M) | (2.1M) | (1.9M) | (2.0M) | |
Short Term Debt | 5.3M | 2.4M | 2.3M | 2.6M | 2.6M | 4.3M | |
Non Currrent Assets Other | 1.4M | 393K | 972K | 5.4M | 4.3M | 4.5M | |
Intangible Assets | 385K | 393K | 395K | 369K | 377K | 358.2K | |
Current Deferred Revenue | 3.5M | 1.8M | 1.3M | 7.2M | 11.8M | 12.4M | |
Common Stock Total Equity | 218K | 230K | 233K | 235K | 211.5K | 375.1K | |
Common Stock | 233K | 235K | 237K | 238K | 308K | 357.9K | |
Short Term Investments | 10.6M | 2.4M | 583K | 265K | 238.5K | 226.6K | |
Property Plant Equipment | 60.2M | 44.4M | 30.8M | 22.1M | 25.5M | 24.2M | |
Long Term Debt | 96K | 44K | 8K | 207K | 186.3K | 177.0K | |
Net Tangible Assets | 102.8M | 90.6M | 62.1M | 40.7M | 36.7M | 34.8M | |
Capital Surpluse | 152.0M | 153.3M | 154.2M | 154.9M | 178.1M | 132.5M |
Pair Trading with Dawson Geophysical
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 Dawson Geophysical 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 Dawson Geophysical will appreciate offsetting losses from the drop in the long position's value.Moving against Dawson Stock
0.52 | VTOL | Bristow Group | PairCorr |
0.51 | NR | Newpark Resources | PairCorr |
0.46 | DTI | Drilling Tools Inter | PairCorr |
0.45 | NOV | NOV Inc | PairCorr |
0.41 | OIS | Oil States International | PairCorr |
The ability to find closely correlated positions to Dawson Geophysical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dawson Geophysical 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 Dawson Geophysical - 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 Dawson Geophysical to buy it.
The correlation of Dawson Geophysical 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 Dawson Geophysical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dawson Geophysical 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 Dawson Geophysical 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 Dawson Geophysical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Dawson Stock, please use our How to Invest in Dawson Geophysical guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Oil & Gas Equipment & Services 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 Dawson Geophysical. If investors know Dawson 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 Dawson Geophysical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.16) | Revenue Per Share 3.079 | Quarterly Revenue Growth (0.38) | Return On Assets (0.05) | Return On Equity (0.19) |
The market value of Dawson Geophysical is measured differently than its book value, which is the value of Dawson that is recorded on the company's balance sheet. Investors also form their own opinion of Dawson Geophysical's value that differs from its market value or its book value, called intrinsic value, which is Dawson Geophysical'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 Dawson Geophysical's market value can be influenced by many factors that don't directly affect Dawson Geophysical'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 Dawson Geophysical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dawson Geophysical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dawson Geophysical'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.