Dayforce Net Tangible Assets from 2010 to 2024

DAY Stock   77.17  0.36  0.46%   
Dayforce Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets will likely drop to about -546 M in 2024. Net Tangible Assets is the total assets of Dayforce minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2016-12-31
Previous Quarter
-361.8 M
Current Value
-248.7 M
Quarterly Volatility
420.5 M
 
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 Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Dayforce over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Dayforce's Net Tangible Assets 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.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Dayforce Net Tangible Assets Regression Statistics

Arithmetic Mean(885,704,100)
Coefficient Of Variation(53.77)
Mean Deviation447,462,293
Median(1,179,700,000)
Standard Deviation476,262,686
Sample Variance226826.1T
Range1.2B
R-Value0.82
Mean Square Error78067.5T
R-Squared0.68
Significance0.0002
Slope87,844,998
Total Sum of Squares3175566T

Dayforce Net Tangible Assets History

2024-546 M
2023-520 M
2022-452.2 M
2021-428.6 M
2020-128.6 M
2019-269.1 M
2018-499.4 M

About Dayforce Financial Statements

Dayforce investors use historical fundamental indicators, such as Dayforce's Net Tangible Assets, 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
Net Tangible Assets-520 M-546 M

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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.