Daily Total Operating Expenses vs Tax Provision 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 Total Operating Expenses and its Tax Provision 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.
Total Operating Expenses vs Tax Provision
Total Operating Expenses vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Daily Journal Corp Total Operating Expenses account and Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Daily Journal's Total Operating Expenses and Tax Provision is -0.28. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Tax Provision 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 Total Operating Expenses and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Daily Journal Corp are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Total Operating Expenses i.e., Daily Journal's Total Operating Expenses and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.28 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.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 Profit | 11.7M | 16.0M | 14.4M | 14.9M | Total Revenue | 54.0M | 67.7M | 77.9M | 81.8M |
Daily Journal fundamental ratios Correlations
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Daily Journal Account Relationship Matchups
High Positive Relationship
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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 | 23.8M | 24.1M | 22.0M | 29.6M | 34.0M | 18.1M | |
| Total Current Liabilities | 28.0M | 34.0M | 33.6M | 42.2M | 48.5M | 25.2M | |
| 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 | 17.3M | |
| 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 | 380K | 342K | 324.9K | |
| 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 | |
| Short Term Debt | 133K | 147K | 146K | 158K | 181.7K | 172.6K | |
| 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 |
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Try AI Portfolio ArchitectCheck 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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When running Daily Journal's price analysis, check to measure Daily Journal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Daily Journal is operating at the current time. Most of Daily Journal's value examination focuses on studying past and present price action to predict the probability of Daily Journal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daily Journal's price. Additionally, you may evaluate how the addition of Daily Journal to your portfolios can decrease your overall portfolio volatility.
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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.