Daily Operating Income vs Reconciled Depreciation Analysis

DJCO Stock  USD 386.10  2.90  0.75%   
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 Operating Income and its Reconciled Depreciation 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 tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Operating Income vs Reconciled Depreciation

Operating Income vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Daily Journal Corp Operating Income account and Reconciled Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Daily Journal's Operating Income and Reconciled Depreciation is -0.44. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Reconciled Depreciation 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 Operating Income and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Daily Journal Corp are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Operating Income i.e., Daily Journal's Operating Income and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Operating Income

Operating Income is the amount of profit realized from Daily Journal Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Daily Journal Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Reconciled Depreciation

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 tightly coupled 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 17th of May 2024, Enterprise Value Over EBITDA is likely to grow to 62.73, while Selling General Administrative is likely to drop about 4.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit11.7M16.0M14.4M14.9M
Total Revenue54.0M67.7M77.9M81.8M

Daily Journal fundamental ratios Correlations

0.090.20.990.620.820.870.71-0.05-0.640.990.82-0.760.91-0.50.220.170.980.850.99-0.310.850.75-0.470.990.21
0.090.980.050.5-0.04-0.27-0.140.760.380.0-0.17-0.34-0.28-0.49-0.02-0.180.14-0.01-0.010.45-0.10.030.260.01-0.06
0.20.980.160.550.08-0.15-0.050.710.260.12-0.04-0.42-0.16-0.540.01-0.090.250.10.110.450.030.190.230.13-0.06
0.990.050.160.630.750.880.66-0.07-0.620.990.76-0.750.89-0.520.260.160.940.790.98-0.330.790.71-0.450.990.2
0.620.50.550.630.320.340.350.49-0.030.570.28-0.880.39-0.930.2-0.010.590.50.550.030.360.42-0.160.570.2
0.82-0.040.080.750.320.730.59-0.28-0.730.830.94-0.530.86-0.15-0.020.160.880.940.84-0.330.970.72-0.470.830.13
0.87-0.27-0.150.880.340.730.73-0.44-0.840.910.84-0.550.92-0.270.30.160.830.760.91-0.440.80.74-0.470.90.14
0.71-0.14-0.050.660.350.590.73-0.15-0.430.710.71-0.550.78-0.270.250.210.750.70.72-0.210.740.72-0.360.670.15
-0.050.760.71-0.070.49-0.28-0.44-0.150.59-0.16-0.42-0.29-0.35-0.50.08-0.19-0.03-0.24-0.180.61-0.31-0.20.34-0.16-0.06
-0.640.380.26-0.62-0.03-0.73-0.84-0.430.59-0.69-0.790.28-0.76-0.01-0.03-0.11-0.63-0.65-0.70.37-0.72-0.680.36-0.69-0.04
0.990.00.120.990.570.830.910.71-0.16-0.690.84-0.720.94-0.440.210.190.970.851.0-0.380.860.75-0.511.00.22
0.82-0.17-0.040.760.280.940.840.71-0.42-0.790.84-0.590.88-0.180.010.080.860.960.86-0.310.970.76-0.340.83-0.03
-0.76-0.34-0.42-0.75-0.88-0.53-0.55-0.55-0.290.28-0.72-0.59-0.570.85-0.110.09-0.74-0.72-0.71-0.11-0.61-0.57-0.01-0.710.1
0.91-0.28-0.160.890.390.860.920.78-0.35-0.760.940.88-0.57-0.250.20.230.910.860.94-0.490.90.77-0.60.930.29
-0.5-0.49-0.54-0.52-0.93-0.15-0.27-0.27-0.5-0.01-0.44-0.180.85-0.25-0.310.09-0.44-0.36-0.42-0.22-0.22-0.39-0.12-0.430.0
0.22-0.020.010.260.2-0.020.30.250.08-0.030.210.01-0.110.2-0.310.160.16-0.030.20.090.030.17-0.120.20.11
0.17-0.18-0.090.16-0.010.160.160.21-0.19-0.110.190.080.090.230.090.160.180.10.19-0.150.210.28-0.430.190.48
0.980.140.250.940.590.880.830.75-0.03-0.630.970.86-0.740.91-0.440.160.180.90.97-0.280.910.78-0.470.960.22
0.85-0.010.10.790.50.940.760.7-0.24-0.650.850.96-0.720.86-0.36-0.030.10.90.87-0.290.970.74-0.380.840.05
0.99-0.010.110.980.550.840.910.72-0.18-0.71.00.86-0.710.94-0.420.20.190.970.87-0.380.880.76-0.51.00.21
-0.310.450.45-0.330.03-0.33-0.44-0.210.610.37-0.38-0.31-0.11-0.49-0.220.09-0.15-0.28-0.29-0.38-0.32-0.130.82-0.39-0.64
0.85-0.10.030.790.360.970.80.74-0.31-0.720.860.97-0.610.9-0.220.030.210.910.970.88-0.320.79-0.440.850.1
0.750.030.190.710.420.720.740.72-0.2-0.680.750.76-0.570.77-0.390.170.280.780.740.76-0.130.79-0.280.740.2
-0.470.260.23-0.45-0.16-0.47-0.47-0.360.340.36-0.51-0.34-0.01-0.6-0.12-0.12-0.43-0.47-0.38-0.50.82-0.44-0.28-0.51-0.81
0.990.010.130.990.570.830.90.67-0.16-0.691.00.83-0.710.93-0.430.20.190.960.841.0-0.390.850.74-0.510.23
0.21-0.06-0.060.20.20.130.140.15-0.06-0.040.22-0.030.10.290.00.110.480.220.050.21-0.640.10.2-0.810.23
Click cells to compare fundamentals

Daily Journal Account Relationship Matchups

Daily Journal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets238.6M390.6M319.1M354.9M408.1M428.5M
Other Current Liab23.8M24.1M22.0M29.6M34.0M18.1M
Total Current Liabilities28.0M34.0M33.6M42.2M48.5M25.2M
Total Stockholder Equity141.7M254.6M179.0M200.5M230.5M242.1M
Property Plant And Equipment Net10.6M10.2M9.7M9.5M10.9M9.9M
Net Debt4.3M21.0M63.0M55.2M63.5M66.7M
Retained Earnings140.0M252.9M177.2M198.7M228.5M239.9M
Cash26.9M12.6M13.4M21.0M24.2M25.4M
Non Current Assets Total22.3M18.2M9.7M9.5M10.9M17.3M
Non Currrent Assets Other(23.5M)11.7M(25.7M)(30.6M)(27.5M)(26.2M)
Cash And Short Term Investments206.3M360.2M289.0M324.2M372.8M391.4M
Net Receivables7.3M9.5M18.0M18.7M21.5M22.6M
Liabilities And Stockholders Equity238.6M390.6M319.1M354.9M408.1M428.5M
Non Current Liabilities Total68.8M101.9M106.5M112.2M129.0M135.5M
Other Current Assets2.7M2.6M2.5M380K342K324.9K
Total Liab96.8M135.9M140.1M154.4M177.5M186.4M
Property Plant And Equipment Gross10.6M10.0M19.5M19.7M22.7M23.8M
Total Current Assets216.3M372.3M309.5M345.4M397.2M417.1M
Short Long Term Debt Total31.2M33.6M76.4M76.3M87.7M92.1M
Short Term Debt133K147K146K158K181.7K172.6K
Short Term Investments179.4M347.6M275.5M303.1M348.6M366.0M
Other Assets12.2M13.6M11.7M8.0M9.2M4.9M
Property Plant Equipment10.8M10.5M10.0M9.6M8.6M8.3M
Current Deferred Revenue140K5.5M6.4M5.8M5.2M4.6M
Long Term Debt1.6M1.4M1.3M76.1M87.5M91.9M
Other Liab37.8M37.8M68.5M30.2M34.7M18.7M
Net Tangible Assets137.7M141.7M254.6M179.0M205.9M144.5M
Retained Earnings Total Equity135.9M140.0M252.9M177.2M203.8M214.0M
Deferred Long Term Liab37.2M35.9M64.1M25.3M29.1M18.9M
Non Current Liabilities Other30.1M31.4M36.4M79.9M91.9M96.5M

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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:
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 tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Daily Journal Corp information on this page should be used as a complementary analysis to other Daily Journal's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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Is Daily Journal's 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 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
0.634
Earnings Share
11.78
Revenue Per Share
52.154
Quarterly Revenue Growth
0.026
Return On Assets
0.0165
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.