Davidstea Stock Total Asset
| DTEADelisted Stock | USD 0.42 0.00 0.00% |
Davidstea fundamentals help investors to digest information that contributes to Davidstea's financial success or failures. It also enables traders to predict the movement of Davidstea Stock. The fundamental analysis module provides a way to measure Davidstea's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Davidstea stock.
Davidstea |
Davidstea Company Total Asset Analysis
Davidstea's 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.
Current Davidstea Total Asset | 78.6 M |
Most of Davidstea's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Davidstea is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, Davidstea has a Total Asset of 78.6 M. This is 99.68% lower than that of the Specialty Retail sector and 98.85% lower than that of the Consumer Discretionary industry. The total asset for all United States stocks is 99.73% higher than that of the company.
Davidstea Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Davidstea's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Davidstea could also be used in its relative valuation, which is a method of valuing Davidstea by comparing valuation metrics of similar companies.Davidstea is currently under evaluation in total asset category among related companies.
Davidstea Fundamentals
| Return On Equity | -0.24 | |||
| Return On Asset | -0.0863 | |||
| Profit Margin | (0.11) % | |||
| Operating Margin | (0.10) % | |||
| Current Valuation | 15.92 M | |||
| Shares Outstanding | 26.57 M | |||
| Shares Owned By Insiders | 46.31 % | |||
| Shares Owned By Institutions | 12.47 % | |||
| Number Of Shares Shorted | 29.83 K | |||
| Price To Earning | 0.63 X | |||
| Price To Book | 0.71 X | |||
| Price To Sales | 0.22 X | |||
| Revenue | 104.07 M | |||
| Gross Profit | 43.2 M | |||
| EBITDA | 4.72 M | |||
| Net Income | 78.13 M | |||
| Cash And Equivalents | 19.05 M | |||
| Cash Per Share | 0.72 X | |||
| Total Debt | 12.55 M | |||
| Debt To Equity | 0.27 % | |||
| Current Ratio | 2.90 X | |||
| Book Value Per Share | 1.42 X | |||
| Cash Flow From Operations | (4.24 M) | |||
| Short Ratio | 0.73 X | |||
| Earnings Per Share | (0.36) X | |||
| Price To Earnings To Growth | (0.94) X | |||
| Target Price | 3.48 | |||
| Number Of Employees | 37 | |||
| Beta | 2.67 | |||
| Market Capitalization | 13.82 M | |||
| Total Asset | 78.6 M | |||
| Retained Earnings | (70.67 M) | |||
| Working Capital | 43.41 M | |||
| Current Asset | 101.52 M | |||
| Current Liabilities | 18.77 M | |||
| Z Score | 1.59 | |||
| Net Asset | 78.6 M |
About Davidstea Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Davidstea's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Davidstea using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Davidstea based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Davidstea
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 Davidstea 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 Davidstea will appreciate offsetting losses from the drop in the long position's value.Moving against Davidstea Stock
| 0.77 | AXP | American Express Financial Report 19th of July 2024 | PairCorr |
| 0.76 | CAT | Caterpillar Earnings Call This Week | PairCorr |
| 0.73 | AMZN | Amazon Inc Earnings Call This Week | PairCorr |
| 0.73 | VLKAF | Volkswagen AG | PairCorr |
| 0.73 | VWAGY | Volkswagen AG 110 Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Davidstea could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Davidstea 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 Davidstea - 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 Davidstea to buy it.
The correlation of Davidstea 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 Davidstea moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Davidstea 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 Davidstea 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Davidstea information on this page should be used as a complementary analysis to other Davidstea'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Other Consideration for investing in Davidstea Stock
If you are still planning to invest in Davidstea check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Davidstea's history and understand the potential risks before investing.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |