Data Historical Income Statement
| DTST Stock | USD 5.13 0.49 10.56% |
Historical analysis of Data Storage income statement accounts such as Total Revenue of 26.2 M or Gross Profit of 8.7 M can show how well Data Storage Corp performed in making a profits. Evaluating Data Storage income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Data Storage's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Data Storage Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Data Storage Corp is a good buy for the upcoming year.
Data |
About Data Income Statement Analysis
Data Storage Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Data Storage shareholders. The income statement also shows Data investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Data Storage Income Statement Chart
Data Storage Corp Income Statement is one of the three primary financial statements used for reporting Data's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Data Storage Corp revenue and expense. Data Storage Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Data Storage's Net Income is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 9.1 M in 2024, whereas Operating Income is likely to drop (176.8 K) in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Data Storage Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Data Storage Corp minus its cost of goods sold. It is profit before Data Storage operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Data Storage Corp. It is also known as Data Storage overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Data Storage Corp income statement and represents the costs associated with goods and services Data Storage provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Data Storage's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Data Storage Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Data Storage 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 state. For more information on how to buy Data Stock please use our How to Invest in Data Storage guide.At this time, Data Storage's Net Income is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 9.1 M in 2024, whereas Operating Income is likely to drop (176.8 K) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 126.7K | 130.1K | 74.5K | 70.8K | Depreciation And Amortization | 1.3M | 1.2M | 1.4M | 736.2K |
Data Storage income statement Correlations
Click cells to compare fundamentals
Data Storage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Data Storage income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 896.9K | 1.0M | 1.3M | 1.2M | 1.4M | 736.2K | |
| Interest Expense | 177.5K | 175.6K | 126.7K | 130.1K | 74.5K | 70.8K | |
| Total Revenue | 8.5M | 9.3M | 14.9M | 23.9M | 25.0M | 26.2M | |
| Gross Profit | 3.7M | 3.9M | 6.4M | 8.1M | 8.3M | 8.7M | |
| Other Operating Expenses | 8.3M | 9.3M | 15.6M | 25.6M | 25.1M | 26.4M | |
| Operating Income | 206.5K | 349.0K | (767.1K) | (1.8M) | (168.4K) | (176.8K) | |
| Ebit | 206.5K | 349.0K | (767.1K) | (1.8M) | (168.4K) | (176.8K) | |
| Ebitda | 1.1M | 1.4M | 517.3K | (603.5K) | 1.3M | 1.3M | |
| Cost Of Revenue | 4.7M | 5.4M | 8.5M | 15.8M | 16.7M | 17.5M | |
| Total Operating Expenses | 3.5M | 3.9M | 7.2M | 9.8M | 8.4M | 8.9M | |
| Income Before Tax | 29.3K | 173.4K | (139.7K) | (4.4M) | 299.3K | 314.3K | |
| Total Other Income Expense Net | (177.2K) | (175.6K) | 627.4K | (2.7M) | 467.7K | 491.1K | |
| Net Income | (107.6K) | (325.6K) | 204.2K | (4.4M) | 381.6K | 400.7K | |
| Income Tax Expense | 136.9K | 498.9K | (399.6K) | (52.1K) | (82.3K) | (78.1K) | |
| Selling General Administrative | 952.8K | 2.7M | 5.7M | 8.6M | 8.6M | 9.1M | |
| Net Income From Continuing Ops | 29.3K | 173.4K | 259.9K | (4.4M) | (2.8M) | (2.6M) | |
| Net Income Applicable To Common Shares | 146.8K | (54.5K) | 55.3K | 204.2K | 234.8K | 246.5K | |
| Minority Interest | (68.0K) | (94.7K) | 7.9K | 52.1K | 79.5K | 83.5K | |
| Net Interest Income | (177.2K) | (175.6K) | (126.7K) | (130.1K) | 374.9K | 393.7K | |
| Reconciled Depreciation | 896.7K | 1.0M | 1.3M | 1.2M | 1.2M | 1.1M |
Pair Trading with Data Storage
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 Data Storage 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 Data Storage will appreciate offsetting losses from the drop in the long position's value.Moving together with Data Stock
| 0.81 | FI | Fiserv Inc Symbol Change | PairCorr |
| 0.66 | IT | Gartner Financial Report 7th of May 2024 | PairCorr |
Moving against Data Stock
| 0.75 | UIS | Unisys Financial Report 7th of May 2024 | PairCorr |
| 0.72 | VYX | NCR Voyix Symbol Change | PairCorr |
| 0.64 | DMRC | Digimarc | PairCorr |
| 0.6 | G | Genpact Limited Financial Report 8th of May 2024 | PairCorr |
| 0.6 | AUR | Aurora Innovation Buyout Trend | PairCorr |
The ability to find closely correlated positions to Data Storage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Data Storage 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 Data Storage - 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 Data Storage Corp to buy it.
The correlation of Data Storage 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 Data Storage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Data Storage 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 Data Storage 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 Data Storage 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 state. For more information on how to buy Data Stock please use our How to Invest in Data Storage guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Data Stock analysis
When running Data Storage's price analysis, check to measure Data Storage'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 Data Storage is operating at the current time. Most of Data Storage's value examination focuses on studying past and present price action to predict the probability of Data Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Data Storage's price. Additionally, you may evaluate how the addition of Data Storage to your portfolios can decrease your overall portfolio volatility.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |
Is Data Storage'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 Data Storage. If investors know Data 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 Data Storage 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 (0.63) | Earnings Share 0.05 | Revenue Per Share 3.648 | Quarterly Revenue Growth 0.037 | Return On Assets (0) |
The market value of Data Storage Corp is measured differently than its book value, which is the value of Data that is recorded on the company's balance sheet. Investors also form their own opinion of Data Storage's value that differs from its market value or its book value, called intrinsic value, which is Data Storage'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 Data Storage's market value can be influenced by many factors that don't directly affect Data Storage'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 Data Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Data Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Data Storage'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.