DHT Historical Income Statement
DHT Stock | USD 11.63 0.14 1.19% |
Historical analysis of DHT Holdings income statement accounts such as Total Revenue of 583.9 M or Gross Profit of 216.4 M can show how well DHT Holdings performed in making a profits. Evaluating DHT Holdings income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of DHT Holdings's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining DHT Holdings 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 DHT Holdings is a good buy for the upcoming year.
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About DHT Income Statement Analysis
DHT Holdings 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 DHT Holdings shareholders. The income statement also shows DHT 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).
DHT Holdings Income Statement Chart
DHT Holdings Income Statement is one of the three primary financial statements used for reporting DHT's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of DHT Holdings revenue and expense. DHT Holdings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, DHT Holdings' Cost Of Revenue is comparatively stable compared to the past year. Net Income From Continuing Ops is likely to gain to about 197.3 M in 2024, whereas Total Operating Expenses is likely to drop slightly above 14.5 M in 2024. Add Fundamental
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts DHT Holdings 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of DHT Holdings. It is also known as DHT Holdings 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.Most accounts from DHT Holdings' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into DHT Holdings 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 DHT Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more information on how to buy DHT Stock please use our How to Invest in DHT Holdings guide.At this time, DHT Holdings' Cost Of Revenue is comparatively stable compared to the past year. Net Income From Continuing Ops is likely to gain to about 197.3 M in 2024, whereas Total Operating Expenses is likely to drop slightly above 14.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 6K | 1.1M | 4.5M | 4.2M | Tax Provision | 360K | 587K | 532K | 360.2K |
DHT Holdings income statement Correlations
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DHT Holdings Account Relationship Matchups
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DHT Holdings income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 115.7M | 136.9M | 128.6M | 123.3M | 108.9M | 62.8M | |
Interest Expense | 55.3M | 38.4M | 25.7M | 26.2M | 33.1M | 21.0M | |
Total Revenue | 535.1M | 691.0M | 295.9M | 454.1M | 556.1M | 583.9M | |
Gross Profit | 153.7M | 344.0M | (3.0M) | 71.6M | 206.1M | 216.4M | |
Other Operating Expenses | 396.2M | 364.9M | 310.8M | 399.5M | 367.4M | 385.8M | |
Operating Income | 138.9M | 313.6M | (13.0M) | 54.3M | 188.6M | 198.1M | |
Ebit | 138.9M | 313.6M | (13.0M) | 54.3M | 188.6M | 198.1M | |
Ebitda | 254.6M | 450.5M | 115.6M | 177.5M | 297.5M | 312.4M | |
Total Operating Expenses | 14.8M | 17.9M | 12.0M | 16.9M | 17.4M | 14.5M | |
Income Before Tax | 73.8M | 267.2M | (11.1M) | 62.6M | 162.0M | 170.1M | |
Total Other Income Expense Net | (65.1M) | (46.4M) | 1.9M | 8.3M | (26.6M) | (27.9M) | |
Net Income | 73.7M | 266.3M | (11.5M) | 61.5M | 161.4M | 169.4M | |
Selling General Administrative | 14.8M | 17.9M | 16.6M | 16.9M | 17.4M | 12.8M | |
Cost Of Revenue | 381.4M | 347.0M | 298.9M | 382.6M | 350.0M | 367.5M | |
Net Income Applicable To Common Shares | 73.7M | 266.3M | (11.5M) | 61.5M | 70.7M | 47.1M | |
Net Income From Continuing Ops | 73.7M | 266.3M | (11.5M) | 62.0M | 187.9M | 197.3M | |
Interest Income | 63.3M | 212K | 6K | 1.1M | 4.5M | 4.2M | |
Net Interest Income | (56.0M) | (39.5M) | (25.1M) | (27.9M) | (27.5M) | (28.9M) | |
Reconciled Depreciation | 115.6M | 124.2M | 128.6M | 123.3M | 108.1M | 125.7M |
Pair Trading with DHT Holdings
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 DHT Holdings 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 DHT Holdings will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to DHT Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DHT Holdings 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 DHT Holdings - 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 DHT Holdings to buy it.
The correlation of DHT Holdings 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 DHT Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DHT Holdings 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 DHT Holdings 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 DHT Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more information on how to buy DHT Stock please use our How to Invest in DHT Holdings guide.Note that the DHT Holdings information on this page should be used as a complementary analysis to other DHT Holdings' 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for DHT Stock analysis
When running DHT Holdings' price analysis, check to measure DHT Holdings' 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 DHT Holdings is operating at the current time. Most of DHT Holdings' value examination focuses on studying past and present price action to predict the probability of DHT Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DHT Holdings' price. Additionally, you may evaluate how the addition of DHT Holdings to your portfolios can decrease your overall portfolio volatility.
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Is DHT Holdings' 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 DHT Holdings. If investors know DHT 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 DHT Holdings 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 (0.42) | Dividend Share 0.99 | Revenue Per Share 3.456 | Quarterly Revenue Growth (0.15) | Return On Assets 0.0804 |
The market value of DHT Holdings is measured differently than its book value, which is the value of DHT that is recorded on the company's balance sheet. Investors also form their own opinion of DHT Holdings' value that differs from its market value or its book value, called intrinsic value, which is DHT Holdings' 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 DHT Holdings' market value can be influenced by many factors that don't directly affect DHT Holdings' 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 DHT Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DHT Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DHT Holdings' 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.