| DELTAMAGNT | | | 105.27 0.32 0.30% |
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 Net Interest Income and its Depreciation And Amortization 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.
Net Interest Income vs Depreciation And Amortization
Net Interest Income vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Delta Manufacturing Net Interest Income account and
Depreciation And Amortization. At this time, the significance of the direction appears to have pay attention.
The correlation between Delta Manufacturing's Net Interest Income and Depreciation And Amortization is -0.81. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Depreciation And Amortization 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 Net Interest Income and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Delta Manufacturing Limited are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Interest Income i.e., Delta Manufacturing's Net Interest Income and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.81 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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.
As of December 1, 2024,
Selling General Administrative is expected to decline to about 8.9
M. The current year's
Tax Provision is expected to grow to about (277.4
K)
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 40.6M | 37.9M | 46.6M | 26.8M | Depreciation And Amortization | 42.2M | 48.5M | 44.9M | 30.3M |
Delta Manufacturing fundamental ratios Correlations
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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
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.