Ducommun Net Debt from 2010 to 2024
| DCO Stock | USD 62.97 0.01 0.02% |
Net Debt | First Reported 1985-12-31 | Previous Quarter 260 M | Current Value 260.8 M | Quarterly Volatility 120.7 M |
Check Ducommun Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ducommun Incorporated's main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.2 M, Interest Expense of 21.8 M or Selling General Administrative of 120.5 M, as well as many indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.005 or PTB Ratio of 0.85. Ducommun financial statements analysis is a perfect complement when working with Ducommun Incorporated Valuation or Volatility modules.
Ducommun | Net Debt |
Latest Ducommun Incorporated's Net Debt Growth Pattern
Below is the plot of the Net Debt of Ducommun Incorporated over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Ducommun Incorporated's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ducommun Incorporated's overall financial position and show how it may be relating to other accounts over time.
| Net Debt | 10 Years Trend |
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Net Debt |
| Timeline |
Ducommun Net Debt Regression Statistics
| Arithmetic Mean | 248,434,570 | |
| Geometric Mean | 241,652,582 | |
| Coefficient Of Variation | 22.65 | |
| Mean Deviation | 40,254,608 | |
| Median | 244,425,000 | |
| Standard Deviation | 56,278,083 | |
| Sample Variance | 3167.2T | |
| Range | 222.5M | |
| R-Value | 0.02 | |
| Mean Square Error | 3409.7T | |
| R-Squared | 0.0003 | |
| Significance | 0.95 | |
| Slope | 231,499 | |
| Total Sum of Squares | 44341.1T |
Ducommun Net Debt History
Other Fundumenentals of Ducommun Incorporated
Ducommun Incorporated Net Debt component correlations
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About Ducommun Incorporated Financial Statements
Ducommun Incorporated investors utilize fundamental indicators, such as Net Debt, to predict how Ducommun Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Debt | 252.7 M | 265.4 M | |
| Net Debt To EBITDA | 3.27 | 3.43 |
Pair Trading with Ducommun Incorporated
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 Ducommun Incorporated 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 Ducommun Incorporated will appreciate offsetting losses from the drop in the long position's value.Moving together with Ducommun Stock
| 0.74 | CW | Curtiss Wright | PairCorr |
| 0.77 | GD | General Dynamics Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.7 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
Moving against Ducommun Stock
| 0.62 | DPRO | Draganfly Trending | PairCorr |
| 0.4 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.33 | EVTL | Vertical Aerospace | PairCorr |
The ability to find closely correlated positions to Ducommun Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ducommun Incorporated 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 Ducommun Incorporated - 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 Ducommun Incorporated to buy it.
The correlation of Ducommun Incorporated 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 Ducommun Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ducommun Incorporated 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 Ducommun Incorporated 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 the analysis of Ducommun Incorporated Correlation against competitors. To learn how to invest in Ducommun Stock, please use our How to Invest in Ducommun Incorporated guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Aerospace & Defense space 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 Ducommun Incorporated. If investors know Ducommun 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 Ducommun Incorporated 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 2.059 | Earnings Share 1.53 | Revenue Per Share 52.865 | Quarterly Revenue Growth 0.052 | Return On Assets 0.0305 |
The market value of Ducommun Incorporated is measured differently than its book value, which is the value of Ducommun that is recorded on the company's balance sheet. Investors also form their own opinion of Ducommun Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Ducommun Incorporated'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 Ducommun Incorporated's market value can be influenced by many factors that don't directly affect Ducommun Incorporated'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 Ducommun Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ducommun Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ducommun Incorporated'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.