Delta Change To Account Receivables vs Depreciation Analysis

DELTAMAGNT

64.97 0.98 1.49%

Delta Manufacturing financial indicator trend analysis is much more than just examining Delta Manufacturing latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Delta Manufacturing is a good investment. Please check the relationship between Delta Manufacturing Change To Account Receivables and its Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Manufacturing Limited. 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.

Change To Account Receivables vs Depreciation

Change To Account Receivables vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Delta Manufacturing Change To Account Receivables account and Depreciation. At this time, the significance of the direction appears to have weak relationship.

The correlation between Delta Manufacturing's Change To Account Receivables and Depreciation is 0.37. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Depreciation in the same time period over historical financial statements of Delta Manufacturing Limited, assuming nothing else is changed. The correlation between historical values of Delta Manufacturing's Change To Account Receivables and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Delta Manufacturing Limited are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Account Receivables i.e., Delta Manufacturing's Change To Account Receivables and Depreciation go up and down completely randomly.

Correlation Coefficient

0.37

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Change To Account Receivables

Depreciation

Depreciation indicates how much of Delta Manufacturing value has been used up. For tax purposes Delta Manufacturing can deduct the cost of the tangible assets it purchases as business expenses. However, Delta Manufacturing Limited must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from Delta Manufacturing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Delta Manufacturing 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 Delta Manufacturing Limited. 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.

The current year's Selling General Administrative is expected to grow to about 20 M, whereas Tax Provision is projected to grow to (319 K).

	2022	2023	2024	2025 (projected)
Interest Expense	37.9M	46.6M	53.6M	26.8M
Depreciation And Amortization	48.5M	44.9M	51.7M	30.3M

Interest Expense Depreciation And Amortization

Delta Manufacturing fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Non Currrent Assets Other	Short Term Debt	Current Deferred Revenue	Good Will	Short Term Investments
Total Assets		0.95	0.34	0.95	0.72	0.97	0.89	-0.26	0.96	0.35	0.98	0.58	0.95	0.85	0.08	0.97	0.8	-0.28	0.97	0.99	0.81	-0.36	0.92	-0.2	0.22	0.45
Short Long Term Debt Total	0.95		0.48	0.95	0.5	0.93	0.98	-0.28	0.96	0.22	0.93	0.38	0.96	0.75	0.16	0.91	0.85	-0.34	0.99	0.93	0.68	-0.38	0.93	-0.34	0.38	0.31
Other Current Liab	0.34	0.48		0.44	-0.08	0.35	0.48	-0.11	0.41	0.01	0.34	0.05	0.47	0.33	0.02	0.27	0.12	-0.45	0.44	0.33	0.12	-0.01	0.46	-0.62	0.23	0.01
Total Current Liabilities	0.95	0.95	0.44		0.51	0.91	0.94	-0.42	0.99	0.18	0.9	0.45	0.96	0.89	-0.12	0.94	0.8	-0.38	0.98	0.95	0.84	-0.32	0.99	-0.24	0.21	0.46
Total Stockholder Equity	0.72	0.5	-0.08	0.51		0.66	0.36	0.1	0.54	0.63	0.69	0.81	0.59	0.58	0.05	0.67	0.42	0.02	0.52	0.73	0.63	-0.29	0.49	0.06	0.0	0.4
Property Plant And Equipment Net	0.97	0.93	0.35	0.91	0.66		0.9	-0.34	0.94	0.24	1.0	0.5	0.88	0.84	0.2	0.94	0.75	-0.25	0.96	0.92	0.8	-0.32	0.88	-0.23	0.11	0.52
Net Debt	0.89	0.98	0.48	0.94	0.36	0.9		-0.4	0.95	0.0	0.9	0.2	0.92	0.74	0.15	0.9	0.84	-0.33	0.97	0.87	0.67	-0.41	0.92	-0.39	0.34	0.33
Retained Earnings	-0.26	-0.28	-0.11	-0.42	0.1	-0.34	-0.4		-0.44	0.59	-0.3	0.17	-0.25	-0.56	0.33	-0.41	-0.15	0.09	-0.36	-0.22	-0.57	-0.01	-0.45	-0.01	0.52	-0.71
Accounts Payable	0.96	0.96	0.41	0.99	0.54	0.94	0.95	-0.44		0.16	0.93	0.44	0.96	0.89	-0.04	0.97	0.79	-0.37	0.99	0.95	0.84	-0.34	0.97	-0.24	0.19	0.49
Cash	0.35	0.22	0.01	0.18	0.63	0.24	0.0	0.59	0.16		0.27	0.85	0.27	0.12	0.08	0.16	0.14	-0.07	0.19	0.4	0.13	0.08	0.15	0.17	0.28	-0.13
Non Current Assets Total	0.98	0.93	0.34	0.9	0.69	1.0	0.9	-0.3	0.93	0.27		0.51	0.89	0.82	0.22	0.95	0.76	-0.24	0.95	0.93	0.78	-0.32	0.87	-0.2	0.15	0.48
Cash And Short Term Investments	0.58	0.38	0.05	0.45	0.81	0.5	0.2	0.17	0.44	0.85	0.51		0.46	0.53	-0.14	0.45	0.24	-0.14	0.42	0.62	0.54	0.02	0.43	0.18	-0.08	0.38
Net Receivables	0.95	0.96	0.47	0.96	0.59	0.88	0.92	-0.25	0.96	0.27	0.89	0.46		0.81	-0.04	0.93	0.81	-0.36	0.96	0.97	0.74	-0.43	0.96	-0.36	0.36	0.32
Common Stock Shares Outstanding	0.85	0.75	0.33	0.89	0.58	0.84	0.74	-0.56	0.89	0.12	0.82	0.53	0.81		-0.33	0.89	0.52	-0.33	0.83	0.84	0.98	-0.24	0.89	-0.14	-0.19	0.72
Non Current Liabilities Total	0.08	0.16	0.02	-0.12	0.05	0.2	0.15	0.33	-0.04	0.08	0.22	-0.14	-0.04	-0.33		-0.03	0.18	0.14	0.08	-0.03	-0.35	-0.07	-0.18	-0.16	0.31	-0.28
Inventory	0.97	0.91	0.27	0.94	0.67	0.94	0.9	-0.41	0.97	0.16	0.95	0.45	0.93	0.89	-0.03		0.78	-0.22	0.94	0.95	0.88	-0.39	0.92	-0.17	0.14	0.51
Other Current Assets	0.8	0.85	0.12	0.8	0.42	0.75	0.84	-0.15	0.79	0.14	0.76	0.24	0.81	0.52	0.18	0.78		-0.26	0.83	0.81	0.52	-0.46	0.75	-0.17	0.52	0.15
Other Stockholder Equity	-0.28	-0.34	-0.45	-0.38	0.02	-0.25	-0.33	0.09	-0.37	-0.07	-0.24	-0.14	-0.36	-0.33	0.14	-0.22	-0.26		-0.35	-0.3	-0.25	0.02	-0.37	0.25	-0.11	-0.12
Total Liab	0.97	0.99	0.44	0.98	0.52	0.96	0.97	-0.36	0.99	0.19	0.95	0.42	0.96	0.83	0.08	0.94	0.83	-0.35		0.95	0.77	-0.33	0.96	-0.28	0.27	0.41
Total Current Assets	0.99	0.93	0.33	0.95	0.73	0.92	0.87	-0.22	0.95	0.4	0.93	0.62	0.97	0.84	-0.03	0.95	0.81	-0.3	0.95		0.81	-0.38	0.94	-0.2	0.27	0.41
Common Stock	0.81	0.68	0.12	0.84	0.63	0.8	0.67	-0.57	0.84	0.13	0.78	0.54	0.74	0.98	-0.35	0.88	0.52	-0.25	0.77	0.81		-0.25	0.83	0.0	-0.25	0.75
Non Currrent Assets Other	-0.36	-0.38	-0.01	-0.32	-0.29	-0.32	-0.41	-0.01	-0.34	0.08	-0.32	0.02	-0.43	-0.24	-0.07	-0.39	-0.46	0.02	-0.33	-0.38	-0.25		-0.33	0.71	-0.38	-0.05
Short Term Debt	0.92	0.93	0.46	0.99	0.49	0.88	0.92	-0.45	0.97	0.15	0.87	0.43	0.96	0.89	-0.18	0.92	0.75	-0.37	0.96	0.94	0.83	-0.33		-0.28	0.18	0.48
Current Deferred Revenue	-0.2	-0.34	-0.62	-0.24	0.06	-0.23	-0.39	-0.01	-0.24	0.17	-0.2	0.18	-0.36	-0.14	-0.16	-0.17	-0.17	0.25	-0.28	-0.2	0.0	0.71	-0.28		-0.37	0.09
Good Will	0.22	0.38	0.23	0.21	0.0	0.11	0.34	0.52	0.19	0.28	0.15	-0.08	0.36	-0.19	0.31	0.14	0.52	-0.11	0.27	0.27	-0.25	-0.38	0.18	-0.37		-0.7
Short Term Investments	0.45	0.31	0.01	0.46	0.4	0.52	0.33	-0.71	0.49	-0.13	0.48	0.38	0.32	0.72	-0.28	0.51	0.15	-0.12	0.41	0.41	0.75	-0.05	0.48	0.09	-0.7

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Delta Manufacturing Account Relationship Matchups

Delta Manufacturing fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.4B	1.3B	1.1B	951.6M	1.1B	840.6M
Short Long Term Debt Total	665.5M	473.9M	401.9M	398.6M	458.3M	343.0M
Other Current Liab	117.5M	91.6M	94.7M	95.4M	109.7M	84.8M
Total Current Liabilities	899.6M	653.2M	573.1M	592.8M	681.8M	382.1M
Total Stockholder Equity	367.9M	552.2M	375.4M	268.6M	308.9M	318.5M
Property Plant And Equipment Net	560.4M	521.9M	498.2M	474.8M	546.0M	402.1M
Net Debt	630.9M	298.7M	396.6M	394.7M	453.9M	305.8M
Retained Earnings	(131.1M)	53.2M	(123.6M)	(233.8M)	(210.4M)	(199.9M)
Accounts Payable	194.4M	141.9M	133.9M	135.1M	155.4M	100.1M
Cash	34.6M	175.2M	5.3M	3.8M	4.4M	4.2M
Non Current Assets Total	647.8M	588.4M	552.8M	506.7M	582.7M	447.5M
Cash And Short Term Investments	46.0M	207.7M	71.0M	51.8M	59.6M	50.0M
Net Receivables	345.3M	273.0M	210.8M	191.0M	219.6M	178.9M
Liabilities And Stockholders Equity	1.4B	1.3B	1.1B	951.6M	1.1B	840.6M
Non Current Liabilities Total	98.0M	91.5M	104.9M	90.1M	103.6M	139.9M
Inventory	234.5M	175.0M	180.4M	160.5M	184.5M	123.1M
Other Current Assets	92.0M	52.8M	44.0M	41.6M	47.8M	43.5M
Total Liab	997.7M	744.8M	678.0M	683.0M	785.4M	522.0M
Total Current Assets	717.8M	708.5M	500.6M	444.8M	511.6M	393.0M
Accumulated Other Comprehensive Income	(669.7M)	(851.8M)	283.3M	286.8M	329.8M	346.3M
Non Currrent Assets Other	22.0M	35.6M	2.0M	31.7M	28.5M	29.9M
Short Term Debt	580.5M	397.9M	344.0M	360.8M	414.9M	260.7M
Current Deferred Revenue	122.6M	113.5M	83.9M	1.6M	1.4M	1.5M
Short Term Investments	11.4M	32.5M	65.7M	48.0M	55.2M	58.0M
Intangible Assets	2.3M	1.4M	338.5K	165K	148.5K	141.1K
Other Liab	18.2M	13.0M	15.5M	47.0M	54.1M	56.8M
Net Tangible Assets	387.9M	329.3M	530.9M	375.2M	431.5M	379.7M
Other Assets	23.3M	48.6M	59.7M	2.0M	2.3M	2.2M
Long Term Debt	73.3M	72.6M	56.7M	35.0M	31.5M	29.9M
Short Long Term Debt	466.5M	395.9M	343.8M	360.2M	414.3M	316.9M
Property Plant Equipment	597.4M	559.1M	486.8M	498.2M	572.9M	513.0M
Long Term Debt Total	115.2M	73.3M	76.0M	57.8M	52.1M	99.8M
Cash And Equivalents	25.5M	34.6M	175.2M	5.3M	6.1M	5.7M
Net Invested Capital	907.7M	1.0B	775.9M	663.9M	597.5M	670.5M
Net Working Capital	(181.9M)	55.3M	(72.6M)	(148.0M)	(133.2M)	(139.9M)

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Other Information on Investing in Delta Stock

Balance Sheet is a snapshot of the financial position of Delta Manufacturing at a specified time, usually calculated after every quarter, six months, or one year. Delta Manufacturing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Delta Manufacturing 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 Delta currently owns. An asset can also be divided into two categories, current and non-current.

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Delta Change To Account Receivables vs Depreciation Analysis

Change To Account Receivables vs Depreciation

Change To Account Receivables vs Depreciation Correlation Analysis

Correlation Coefficient

Change To Account Receivables

Depreciation

Delta Manufacturing fundamental ratios Correlations

Delta Manufacturing Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Delta Manufacturing fundamental ratios Accounts

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Other Information on Investing in Delta Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Accounts Payable	+ 0.99	Total Current Liabilities
Short Term Debt	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Accounts Payable

Short Term Investments	- 0.71	Retained Earnings
Short Term Investments	- 0.7	Good Will
Current Deferred Revenue	- 0.62	Other Current Liab
Common Stock	- 0.57	Retained Earnings
Common Stock Shares Outstanding	- 0.56	Retained Earnings
Non Currrent Assets Other	- 0.46	Other Current Assets