Definity Net Receivables vs Other Liab Analysis

DFY Stock

61.66 1.34 2.13%

Definity Financial financial indicator trend analysis is much more than just examining Definity Financial Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Definity Financial Corp is a good investment. Please check the relationship between Definity Financial Net Receivables and its Other Liab accounts. 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.

Net Receivables vs Other Liab

Net Receivables vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Definity Financial Corp Net Receivables account and Other Liab. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Definity Financial's Net Receivables and Other Liab is -0.53. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Liab in the same time period over historical financial statements of Definity Financial Corp, assuming nothing else is changed. The correlation between historical values of Definity Financial's Net Receivables and Other Liab 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 Receivables of Definity Financial Corp are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Net Receivables i.e., Definity Financial's Net Receivables and Other Liab go up and down completely randomly.

Correlation Coefficient

-0.53

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Receivables

Other Liab

Most indicators from Definity Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Tax Provision is very stable compared to the past year. As of the 18th of February 2025, Enterprise Value is likely to grow to about 3.1 B, while Selling General Administrative is likely to drop about 125 M.

	2022	2023	2024	2025 (projected)
Gross Profit	3.2B	3.9B	4.5B	3.2B
Total Revenue	3.2B	3.9B	4.5B	3.5B

Gross Profit Total Revenue

Definity Financial fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Long Term Debt Total	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab
Common Stock Shares Outstanding		0.06	0.51	0.52	0.52	0.08	0.39	-0.24	0.35	-0.1	0.12	0.14	-0.38	-0.01	0.06	0.52	0.09	-0.41	-0.46	0.5	-0.46	0.38	0.04	-0.47	-0.33	-0.52
Total Assets	0.06		0.64	-0.29	-0.26	0.83	0.85	0.85	0.62	0.9	-0.62	-0.89	0.7	0.67	0.81	-0.29	-0.89	0.67	-0.12	0.71	0.6	0.25	-0.88	-0.35	0.09	0.45
Short Long Term Debt Total	0.51	0.64		0.49	0.51	0.88	0.93	0.49	0.93	0.66	-0.4	-0.49	-0.06	0.54	0.87	0.49	-0.55	-0.06	-0.8	0.99	-0.18	0.67	-0.59	-0.75	0.14	-0.36
Other Current Liab	0.52	-0.29	0.49		1.0	0.13	0.19	-0.27	0.38	-0.28	0.38	0.32	-0.88	-0.27	0.17	1.0	0.41	-0.89	-0.81	0.41	-0.93	0.52	0.38	-0.51	0.04	-0.92
Total Current Liabilities	0.52	-0.26	0.51	1.0		0.15	0.22	-0.24	0.4	-0.26	0.37	0.29	-0.87	-0.26	0.19	1.0	0.4	-0.88	-0.82	0.43	-0.92	0.53	0.36	-0.53	0.04	-0.91
Total Stockholder Equity	0.08	0.83	0.88	0.13	0.15		0.93	0.75	0.9	0.91	-0.6	-0.73	0.31	0.71	0.99	0.13	-0.8	0.31	-0.56	0.9	0.2	0.55	-0.82	-0.6	0.27	0.02
Other Liab	0.39	0.85	0.93	0.19	0.22	0.93		0.61	0.92	0.81	-0.44	-0.73	0.27	0.58	0.92	0.19	-0.71	0.22	-0.53	0.96	0.13	0.63	-0.73	-0.74	-0.01	-0.01
Net Tangible Assets	-0.24	0.85	0.49	-0.27	-0.24	0.75	0.61		0.39	0.81	-0.75	-0.8	0.62	0.74	0.72	-0.27	-0.87	0.65	-0.2	0.52	0.58	-0.1	-0.84	0.02	0.57	0.33
Property Plant And Equipment Net	0.35	0.62	0.93	0.38	0.4	0.9	0.92	0.39		0.72	-0.32	-0.53	0.02	0.48	0.9	0.38	-0.53	-0.02	-0.66	0.94	-0.11	0.82	-0.58	-0.88	-0.03	-0.21
Current Deferred Revenue	-0.1	0.9	0.66	-0.28	-0.26	0.91	0.81	0.81	0.72		-0.78	-0.81	0.65	0.84	0.88	-0.29	-0.95	0.66	-0.24	0.71	0.57	0.31	-0.96	-0.37	0.27	0.36
Net Debt	0.12	-0.62	-0.4	0.38	0.37	-0.6	-0.44	-0.75	-0.32	-0.78		0.48	-0.57	-0.98	-0.52	0.39	0.89	-0.69	0.23	-0.41	-0.59	0.19	0.9	-0.16	-0.66	-0.21
Retained Earnings	0.14	-0.89	-0.49	0.32	0.29	-0.73	-0.73	-0.8	-0.53	-0.81	0.48		-0.68	-0.56	-0.71	0.32	0.81	-0.63	0.02	-0.55	-0.59	-0.13	0.75	0.29	-0.1	-0.5
Accounts Payable	-0.38	0.7	-0.06	-0.88	-0.87	0.31	0.27	0.62	0.02	0.65	-0.57	-0.68		0.52	0.28	-0.88	-0.74	0.98	0.55	0.03	0.99	-0.27	-0.7	0.21	0.02	0.91
Cash	-0.01	0.67	0.54	-0.27	-0.26	0.71	0.58	0.74	0.48	0.84	-0.98	-0.56	0.52		0.62	-0.28	-0.92	0.62	-0.34	0.56	0.51	-0.04	-0.93	-0.03	0.59	0.13
Non Current Assets Total	0.06	0.81	0.87	0.17	0.19	0.99	0.92	0.72	0.9	0.88	-0.52	-0.71	0.28	0.62		0.17	-0.74	0.26	-0.55	0.89	0.16	0.61	-0.76	-0.65	0.21	0.02
Non Currrent Assets Other	0.52	-0.29	0.49	1.0	1.0	0.13	0.19	-0.27	0.38	-0.29	0.39	0.32	-0.88	-0.28	0.17		0.42	-0.89	-0.81	0.41	-0.93	0.52	0.38	-0.52	0.03	-0.91
Other Assets	0.09	-0.89	-0.55	0.41	0.4	-0.8	-0.71	-0.87	-0.53	-0.95	0.89	0.81	-0.74	-0.92	-0.74	0.42		-0.78	0.15	-0.6	-0.69	-0.04	0.99	0.12	-0.39	-0.41
Cash And Short Term Investments	-0.41	0.67	-0.06	-0.89	-0.88	0.31	0.22	0.65	-0.02	0.66	-0.69	-0.63	0.98	0.62	0.26	-0.89	-0.78		0.49	0.02	0.99	-0.35	-0.74	0.31	0.18	0.85
Net Receivables	-0.46	-0.12	-0.8	-0.81	-0.82	-0.56	-0.53	-0.2	-0.66	-0.24	0.23	0.02	0.55	-0.34	-0.55	-0.81	0.15	0.49		-0.73	0.6	-0.49	0.2	0.51	-0.42	0.81
Good Will	0.5	0.71	0.99	0.41	0.43	0.9	0.96	0.52	0.94	0.71	-0.41	-0.55	0.03	0.56	0.89	0.41	-0.6	0.02	-0.73		-0.09	0.67	-0.64	-0.76	0.09	-0.26
Short Term Investments	-0.46	0.6	-0.18	-0.93	-0.92	0.2	0.13	0.58	-0.11	0.57	-0.59	-0.59	0.99	0.51	0.16	-0.93	-0.69	0.99	0.6	-0.09		-0.4	-0.65	0.36	0.1	0.91
Long Term Debt Total	0.38	0.25	0.67	0.52	0.53	0.55	0.63	-0.1	0.82	0.31	0.19	-0.13	-0.27	-0.04	0.61	0.52	-0.04	-0.35	-0.49	0.67	-0.4		-0.1	-0.96	-0.44	-0.28
Non Current Liabilities Total	0.04	-0.88	-0.59	0.38	0.36	-0.82	-0.73	-0.84	-0.58	-0.96	0.9	0.75	-0.7	-0.93	-0.76	0.38	0.99	-0.74	0.2	-0.64	-0.65	-0.1		0.17	-0.38	-0.36
Other Current Assets	-0.47	-0.35	-0.75	-0.51	-0.53	-0.6	-0.74	0.02	-0.88	-0.37	-0.16	0.29	0.21	-0.03	-0.65	-0.52	0.12	0.31	0.51	-0.76	0.36	-0.96	0.17		0.45	0.26
Other Stockholder Equity	-0.33	0.09	0.14	0.04	0.04	0.27	-0.01	0.57	-0.03	0.27	-0.66	-0.1	0.02	0.59	0.21	0.03	-0.39	0.18	-0.42	0.09	0.1	-0.44	-0.38	0.45		-0.24
Total Liab	-0.52	0.45	-0.36	-0.92	-0.91	0.02	-0.01	0.33	-0.21	0.36	-0.21	-0.5	0.91	0.13	0.02	-0.91	-0.41	0.85	0.81	-0.26	0.91	-0.28	-0.36	0.26	-0.24

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Definity Financial Account Relationship Matchups

Definity Financial fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	6.6B	7.9B	8.3B	6.9B	7.7B	8.0B
Short Long Term Debt Total	21.7M	18.9M	70.8M	149.9M	172.4M	181.0M
Other Current Liab	(170.3M)	(231.6M)	(244.5M)	3.7B	4.2B	4.5B
Total Current Liabilities	170.3M	231.6M	244.5M	3.7B	4.3B	4.5B
Total Stockholder Equity	1.8B	2.4B	2.4B	2.8B	3.3B	2.6B
Property Plant And Equipment Net	56.9M	57M	83.8M	103.1M	104.8M	85.6M
Net Debt	(488.6M)	(368.4M)	(129.7M)	(291.6M)	(262.4M)	(275.6M)
Retained Earnings	1.8B	(28.8M)	179.3M	561.3M	1.1B	684.6M
Accounts Payable	170.3M	231.6M	241.1M	54.9M	63.1M	60.0M
Cash	510.3M	387.3M	200.5M	441.5M	322.1M	358.7M
Non Current Assets Total	4.7B	5.7B	5.8B	6.3B	7.2B	6.0B
Non Currrent Assets Other	(40.2M)	(62.5M)	(25.2M)	4.6B	5.3B	5.6B
Cash And Short Term Investments	2.9B	3.6B	3.0B	381.2M	438.4M	416.5M
Net Receivables	950.8M	1.1B	1.3B	328.6M	322.7M	306.6M
Short Term Investments	2.4B	3.2B	2.8B	137M	182.8M	173.7M
Liabilities And Stockholders Equity	6.6B	7.9B	8.3B	6.9B	8.0B	7.9B
Non Current Liabilities Total	21.7M	18.9M	244.5M	218.1M	196.3M	306.6M
Other Current Assets	1.8B	1.9B	719.4M	649.2M	584.3M	1.0B
Other Stockholder Equity	62.1M	98M	(101.8M)	40.4M	36.4M	38.2M
Total Liab	4.8B	5.5B	5.8B	3.9B	4.2B	3.8B
Total Current Assets	3.9B	4.7B	4.3B	649.2M	584.3M	555.1M
Accumulated Other Comprehensive Income	62.1M	117.3M	(61.6M)	(27M)	(24.3M)	(23.1M)
Short Term Debt	5.6M	5.3M	3.4M	9.3M	10.7M	6.5M
Intangible Assets	165.5M	173.6M	433.6M	657.5M	711.2M	466.0M

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

0.35

MATE

Blockmate Ventures

Pair Corr

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.

Pair Correlation Correlation Matching

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.

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Definity Net Receivables vs Other Liab Analysis

Net Receivables vs Other Liab

Net Receivables vs Other Liab Correlation Analysis

Correlation Coefficient

Net Receivables

Other Liab

Definity Financial fundamental ratios Correlations

Definity Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Definity Financial fundamental ratios Accounts

Pair Trading with Definity Financial

Moving against Definity Stock

Other Information on Investing in Definity Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Other Current Liab
Non Currrent Assets Other	+ 1.0	Other Current Liab
Non Currrent Assets Other	+ 1.0	Total Current Liabilities
Good Will	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Short Term Investments	+ 0.99	Accounts Payable

Cash	- 0.98	Net Debt
Other Current Assets	- 0.96	Long Term Debt Total
Non Current Liabilities Total	- 0.96	Current Deferred Revenue
Other Assets	- 0.95	Current Deferred Revenue
Short Term Investments	- 0.93	Non Currrent Assets Other
Non Current Liabilities Total	- 0.93	Cash