DL Industries Total Asset vs. Earnings Per Share
| DNL Stock | 6.00 0.01 0.17% |
For DL Industries profitability analysis, we use financial ratios and fundamental drivers that measure the ability of DL Industries to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well DL Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between DL Industries's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of DL Industries over time as well as its relative position and ranking within its peers.
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DL Industries Earnings Per Share vs. Total Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining DL Industries's current stock value. Our valuation model uses many indicators to compare DL Industries value to that of its competitors to determine the firm's financial worth. DL Industries is one of the top stocks in total asset category among its peers. It also is one of the top stocks in earnings per share category among its peers . The ratio of Total Asset to Earnings Per Share for DL Industries is about 129,181,422,297 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the DL Industries' earnings, one of the primary drivers of an investment's value.DNL Earnings Per Share vs. Total Asset
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
DL Industries |
| = | 36.33 B |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
DL Industries |
| = | 0.28 X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
DNL Earnings Per Share Comparison
DL Industries is currently under evaluation in earnings per share category among its peers.
DNL Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on DL Industries. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of DL Industries position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the DL Industries' important profitability drivers and their relationship over time.
Use DL Industries in pair-trading
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 DL Industries 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 DL Industries will appreciate offsetting losses from the drop in the long position's value.DL Industries Pair Trading
DL Industries Pair Trading Analysis
The ability to find closely correlated positions to DL Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DL Industries 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 DL Industries - 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 DL Industries to buy it.
The correlation of DL Industries 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 DL Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DL Industries 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 DL Industries 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.Use Investing Themes to Complement your DL Industries position
In addition to having DL Industries in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in DNL Stock
To fully project DL Industries' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of DL Industries at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include DL Industries' income statement, its balance sheet, and the statement of cash flows.