Dayforce Debt To Equity from 2010 to 2024

DAY Stock   77.17  0.36  0.46%   
Dayforce Debt To Equity yearly trend continues to be fairly stable with very little volatility. Debt To Equity is likely to outpace its year average in 2024. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
0.50504545
Current Value
0.75
Quarterly Volatility
0.37096009
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dayforce financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dayforce's main balance sheet or income statement drivers, such as Tax Provision of 56.7 M, Depreciation And Amortization of 76.5 M or Interest Expense of 44.8 M, as well as many indicators such as Price To Sales Ratio of 6.63, Dividend Yield of 0.0 or PTB Ratio of 3.3. Dayforce financial statements analysis is a perfect complement when working with Dayforce Valuation or Volatility modules.
  
Check out the analysis of Dayforce Correlation against competitors.
For more information on how to buy Dayforce Stock please use our How to Invest in Dayforce guide.

Latest Dayforce's Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Dayforce over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Dayforce's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dayforce's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 %10 Years Trend
Slightly volatile
   Debt To Equity   
       Timeline  

Dayforce Debt To Equity Regression Statistics

Arithmetic Mean0.86
Geometric Mean0.77
Coefficient Of Variation43.23
Mean Deviation0.34
Median1.03
Standard Deviation0.37
Sample Variance0.14
Range0.8866
R-Value(0.79)
Mean Square Error0.06
R-Squared0.63
Significance0.0004
Slope(0.07)
Total Sum of Squares1.93

Dayforce Debt To Equity History

2024 0.75
2022 0.58
2021 0.51
2020 0.32
2019 0.36
2018 0.41
2017 1.03

About Dayforce Financial Statements

Dayforce investors use historical fundamental indicators, such as Dayforce's Debt To Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Dayforce. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Equity 0.51  0.75 

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Additional Tools for Dayforce Stock Analysis

When running Dayforce's price analysis, check to measure Dayforce'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 Dayforce is operating at the current time. Most of Dayforce's value examination focuses on studying past and present price action to predict the probability of Dayforce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dayforce's price. Additionally, you may evaluate how the addition of Dayforce to your portfolios can decrease your overall portfolio volatility.