Definity Historical Balance Sheet
| DFY Stock | 58.64 0.44 0.76% |
Trend analysis of Definity Financial Corp balance sheet accounts such as Short and Long Term Debt Total of 157.4 M or Other Current Liab of 3.9 B provides information on Definity Financial's total assets, liabilities, and equity, which is the actual value of Definity Financial Corp to its prevalent stockholders. By breaking down trends over time using Definity Financial balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Definity Financial Corp 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 Definity Financial Corp is a good buy for the upcoming year.
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About Definity Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Definity Financial Corp at a specified time, usually calculated after every quarter, six months, or one year. Definity Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Definity Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Definity currently owns. An asset can also be divided into two categories, current and non-current.
Definity Financial Balance Sheet Chart
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Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Assets
Total assets refers to the total amount of Definity Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Definity Financial Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Definity Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Definity Financial Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most accounts from Definity Financial's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Definity Financial Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet 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 Definity Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Definity Financial's Net Tangible Assets are very stable compared to the past year. As of the 4th of December 2024, Retained Earnings is likely to grow to about 652.2 M, while Total Stockholder Equity is likely to drop about 2.4 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 18.9M | 70.8M | 149.9M | 157.4M | Total Assets | 7.9B | 8.3B | 6.9B | 7.9B |
Definity Financial balance sheet Correlations
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Definity Financial Account Relationship Matchups
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High Negative Relationship
Pair Trading with Definity Financial
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 Definity Financial 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 Definity Financial will appreciate offsetting losses from the drop in the long position's value.Moving against Definity Stock
The ability to find closely correlated positions to Definity Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Definity Financial 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 Definity Financial - 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 Definity Financial Corp to buy it.
The correlation of Definity Financial 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 Definity Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Definity Financial Corp 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 Definity Financial 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.Other Information on Investing in Definity Stock
Balance Sheet is a snapshot of the financial position of Definity Financial Corp at a specified time, usually calculated after every quarter, six months, or one year. Definity Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Definity Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Definity currently owns. An asset can also be divided into two categories, current and non-current.