DXC Income Statement Research
DXC Stock | USD 21.21 0.15 0.71% |
DXC |
Most accounts from DXC Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into DXC Technology 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 DXC Technology Valuation and DXC Technology Correlation analysis. At present, DXC Technology's Extraordinary Items is projected to decrease significantly based on the last few years of reporting. The current year's Reconciled Depreciation is expected to grow to about 1.5 B, whereas Depreciation And Amortization is forecasted to decline to about 910.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.6B | 3.2B | 3.7B | 2.4B | Total Revenue | 16.3B | 14.4B | 16.6B | 11.3B |
DXC Technology income statement Correlations
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DXC Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DXC Technology income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 383M | 361M | 204M | 200M | 230M | 129.3M | |
Total Revenue | 19.6B | 17.7B | 16.3B | 14.4B | 16.6B | 11.3B | |
Gross Profit | 4.7B | 3.6B | 3.6B | 3.2B | 3.7B | 2.4B | |
Operating Income | 1.6B | (397M) | 1.6B | (659M) | (757.9M) | (720.0M) | |
Ebit | 1.6B | (397M) | 1.6B | (659M) | (757.9M) | (720.0M) | |
Ebitda | 3.5B | 1.6B | 3.3B | 892M | 1.0B | 1.6B | |
Cost Of Revenue | 14.9B | 14.1B | 12.7B | 11.2B | 12.9B | 8.9B | |
Income Before Tax | (5.2B) | 654M | 1.1B | (885M) | (796.5M) | (756.7M) | |
Net Income | (5.4B) | (146M) | 718M | (566M) | (509.4M) | (483.9M) | |
Income Tax Expense | 130M | 800M | 405M | (319M) | (366.9M) | (348.5M) | |
Minority Interest | 323M | 344M | 335M | 2M | 2.3M | 2.2M | |
Tax Provision | 130.7M | 800M | 405M | (319M) | (366.9M) | (348.5M) | |
Extraordinary Items | 700K | 4M | 7M | 61M | 54.9M | 69.3M | |
Interest Income | 156M | 98M | 65M | 135M | 155.3M | 132.3M | |
Net Interest Income | (218M) | (263M) | (139M) | (65M) | (74.8M) | (78.5M) | |
Non Recurring | 6.4B | 551M | 318M | 216M | 194.4M | 184.7M |
Pair Trading with DXC Technology
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 DXC Technology 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 DXC Technology will appreciate offsetting losses from the drop in the long position's value.Moving against DXC Stock
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The ability to find closely correlated positions to DXC Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DXC Technology 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 DXC Technology - 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 DXC Technology Co to buy it.
The correlation of DXC Technology 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 DXC Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DXC Technology 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 DXC Technology 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 DXC Technology Valuation and DXC Technology Correlation analysis. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for DXC Stock analysis
When running DXC Technology's price analysis, check to measure DXC Technology'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 DXC Technology is operating at the current time. Most of DXC Technology's value examination focuses on studying past and present price action to predict the probability of DXC Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DXC Technology's price. Additionally, you may evaluate how the addition of DXC Technology to your portfolios can decrease your overall portfolio volatility.
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Is DXC Technology'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 DXC Technology. If investors know DXC 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 DXC Technology 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 2.24 | Earnings Share (1.85) | Revenue Per Share 67.173 | Quarterly Revenue Growth (0.05) | Return On Assets (0.03) |
The market value of DXC Technology is measured differently than its book value, which is the value of DXC that is recorded on the company's balance sheet. Investors also form their own opinion of DXC Technology's value that differs from its market value or its book value, called intrinsic value, which is DXC Technology'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 DXC Technology's market value can be influenced by many factors that don't directly affect DXC Technology'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 DXC Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if DXC Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DXC Technology'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.