Darling Long Term Debt vs Property Plant Equipment Analysis
DAR Stock | USD 40.52 0.59 1.44% |
Darling Ingredients financial indicator trend analysis is much more than just examining Darling Ingredients latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Darling Ingredients is a good investment. Please check the relationship between Darling Ingredients Long Term Debt and its Property Plant Equipment accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Darling Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Darling Stock, please use our How to Invest in Darling Ingredients guide.
Long Term Debt vs Property Plant Equipment
Long Term Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Darling Ingredients Long Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Darling Ingredients' Long Term Debt and Property Plant Equipment is 0.94. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Darling Ingredients, assuming nothing else is changed. The correlation between historical values of Darling Ingredients' Long Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Darling Ingredients are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Debt i.e., Darling Ingredients' Long Term Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt
Long-term debt is a debt that Darling Ingredients has held for over one year. Long-term debt appears on Darling Ingredients balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Darling Ingredients balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Property Plant Equipment
Most indicators from Darling Ingredients' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Darling Ingredients current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Darling Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Darling Stock, please use our How to Invest in Darling Ingredients guide.As of 11/28/2024, Selling General Administrative is likely to grow to about 569.7 M, while Tax Provision is likely to drop slightly above 55.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.2B | 1.5B | 1.6B | 1.7B | Total Revenue | 4.7B | 6.5B | 6.8B | 7.1B |
Darling Ingredients fundamental ratios Correlations
Click cells to compare fundamentals
Darling Ingredients Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Darling Ingredients fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.3B | 5.6B | 6.1B | 9.2B | 11.1B | 11.6B | |
Short Long Term Debt Total | 1.8B | 1.7B | 1.6B | 3.6B | 4.6B | 4.9B | |
Other Current Liab | 302.0M | 296.0M | 350.7M | 432.0M | 445.3M | 467.6M | |
Total Current Liabilities | 688.3M | 675.3M | 752.7M | 1.1B | 998.1M | 1.0B | |
Total Stockholder Equity | 2.6B | 2.9B | 3.3B | 3.8B | 4.6B | 4.8B | |
Property Plant And Equipment Net | 1.9B | 2.0B | 2.0B | 2.6B | 3.1B | 3.3B | |
Net Debt | 1.7B | 1.6B | 1.6B | 3.4B | 4.5B | 4.7B | |
Retained Earnings | 1.4B | 1.7B | 2.3B | 3.1B | 3.7B | 3.9B | |
Accounts Payable | 239.3M | 255.3M | 307.1M | 472.5M | 425.6M | 446.9M | |
Cash | 72.9M | 81.6M | 68.9M | 127.0M | 126.5M | 88.5M | |
Non Current Assets Total | 4.4B | 4.6B | 5.0B | 7.6B | 9.2B | 9.7B | |
Non Currrent Assets Other | 47.4M | 60.7M | 66.8M | 136.3M | 235.0M | 246.7M | |
Cash And Short Term Investments | 72.9M | 81.6M | 68.9M | 127.0M | 126.5M | 88.5M | |
Net Receivables | 409.7M | 409.3M | 470.2M | 676.6M | 821.9M | 863.0M | |
Common Stock Shares Outstanding | 168.4M | 167.2M | 167.1M | 164.1M | 162.4M | 101.8M | |
Liabilities And Stockholders Equity | 5.3B | 5.6B | 6.1B | 9.2B | 11.1B | 11.6B | |
Non Current Liabilities Total | 2.0B | 2.0B | 2.0B | 4.2B | 5.4B | 5.6B | |
Inventory | 363.0M | 405.9M | 457.5M | 673.6M | 758.7M | 796.7M | |
Other Current Assets | 25.0M | 90.2M | 92.5M | 160.9M | 148.5M | 156.0M | |
Other Stockholder Equity | 1.5B | 1.4B | 1.3B | 1.1B | 1.1B | 672.2M | |
Total Liab | 2.7B | 2.7B | 2.8B | 5.3B | 6.4B | 6.7B | |
Property Plant And Equipment Gross | 1.9B | 2.0B | 1.8B | 2.6B | 5.5B | 5.8B | |
Total Current Assets | 917.3M | 987.0M | 1.1B | 1.6B | 1.9B | 1.9B | |
Accumulated Other Comprehensive Income | (321.8M) | (252.4M) | (321.7M) | (383.9M) | (198.3M) | (188.4M) | |
Short Term Debt | 128.8M | 106.5M | 62.6M | 119.1M | 111.7M | 117.3M | |
Intangible Assets | 526.4M | 473.7M | 397.8M | 865.1M | 1.1B | 1.1B | |
Good Will | 1.2B | 1.3B | 1.2B | 2.0B | 2.5B | 2.6B | |
Common Stock Total Equity | 1.7M | 1.7M | 1.7M | 1.7M | 2.0M | 1.1M | |
Common Stock | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M | 1.1M | |
Other Liab | 363.7M | 393.6M | 474.0M | 780.8M | 897.9M | 942.8M | |
Other Assets | 61.8M | 77.4M | 83.0M | 154.2M | 177.3M | 186.1M | |
Property Plant Equipment | 1.8B | 1.9B | 2.0B | 2.6B | 3.0B | 3.2B | |
Current Deferred Revenue | 18.3M | 14.4M | 15.9M | 4.3M | 5.0M | 4.8M | |
Treasury Stock | (47.8M) | (75.0M) | (151.7M) | (374.7M) | (337.2M) | (320.4M) | |
Long Term Debt | 1.6B | 1.5B | 1.4B | 3.3B | 4.4B | 4.6B | |
Net Tangible Assets | 816.1M | 2.9B | 3.3B | 973.5M | 1.1B | 779.8M | |
Noncontrolling Interest In Consolidated Entity | 62.8M | 77.5M | 62.3M | 66.8M | 76.8M | 60.3M | |
Retained Earnings Total Equity | 1.1B | 1.4B | 1.7B | 2.3B | 2.7B | 2.8B |
Pair Trading with Darling Ingredients
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 Darling Ingredients 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 Darling Ingredients will appreciate offsetting losses from the drop in the long position's value.Moving against Darling Stock
0.77 | BUD | Anheuser Busch Inbev | PairCorr |
0.75 | THS | Treehouse Foods | PairCorr |
0.68 | KHC | Kraft Heinz Sell-off Trend | PairCorr |
0.67 | BYND | Beyond Meat | PairCorr |
0.65 | JBSS | John B Sanfilippo | PairCorr |
The ability to find closely correlated positions to Darling Ingredients could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Darling Ingredients 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 Darling Ingredients - 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 Darling Ingredients to buy it.
The correlation of Darling Ingredients 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 Darling Ingredients moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Darling Ingredients 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 Darling Ingredients 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.Additional Tools for Darling Stock Analysis
When running Darling Ingredients' price analysis, check to measure Darling Ingredients' 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 Darling Ingredients is operating at the current time. Most of Darling Ingredients' value examination focuses on studying past and present price action to predict the probability of Darling Ingredients' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Darling Ingredients' price. Additionally, you may evaluate how the addition of Darling Ingredients to your portfolios can decrease your overall portfolio volatility.