DHT Retained Earnings vs Common Stock Shares Outstanding Analysis

DHT Stock

USD 9.63 0.13 1.33%

DHT Holdings financial indicator trend analysis is much more than just examining DHT Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DHT Holdings is a good investment. Please check the relationship between DHT Holdings Retained Earnings and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DHT Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

For more information on how to buy DHT Stock please use our How to Invest in DHT Holdings guide.

Retained Earnings vs Common Stock Shares Outstanding

Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DHT Holdings Retained Earnings account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between DHT Holdings' Retained Earnings and Common Stock Shares Outstanding is -0.55. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of DHT Holdings, assuming nothing else is changed. The correlation between historical values of DHT Holdings' Retained Earnings and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of DHT Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Retained Earnings i.e., DHT Holdings' Retained Earnings and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.55

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from DHT Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DHT Holdings 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 DHT Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

For more information on how to buy DHT Stock please use our How to Invest in DHT Holdings guide.At this time, DHT Holdings' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 6.72 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.03 in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	6K	1.1M	4.5M	4.2M
Tax Provision	360K	587K	532K	360.2K

Interest Income Tax Provision

DHT Holdings fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Other Liab	Retained Earnings	Accounts Payable	Long Term Debt	Other Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Net Debt	Net Receivables	Common Stock Total Equity	Total Current Assets	Short Term Debt
Total Assets		0.42	0.84	0.86	1.0	1.0	0.48	-0.48	0.86	0.84	0.9	0.85	0.8	-0.28	-0.63	0.62	0.82	0.21	0.86	0.98	0.86	0.84	0.66	0.71	0.74	0.11
Other Current Liab	0.42		0.23	0.46	0.41	0.4	-0.19	-0.49	0.42	0.21	0.43	0.22	0.36	0.39	-0.18	0.03	0.18	0.16	0.39	0.4	0.22	0.16	0.21	0.33	0.4	-0.27
Total Current Liabilities	0.84	0.23		0.59	0.83	0.82	0.61	-0.4	0.62	0.89	0.64	0.92	0.57	-0.42	-0.62	0.51	0.88	0.12	0.6	0.81	0.93	0.93	0.76	0.47	0.68	0.33
Total Stockholder Equity	0.86	0.46	0.59		0.87	0.86	0.29	-0.58	0.98	0.55	0.87	0.57	0.96	-0.15	-0.6	0.75	0.53	0.43	0.86	0.87	0.6	0.59	0.56	0.91	0.65	-0.01
Property Plant And Equipment Net	1.0	0.41	0.83	0.87		1.0	0.48	-0.48	0.86	0.83	0.9	0.84	0.8	-0.31	-0.64	0.61	0.81	0.21	0.87	0.98	0.85	0.85	0.63	0.72	0.7	0.08
Non Current Assets Total	1.0	0.4	0.82	0.86	1.0		0.48	-0.44	0.86	0.84	0.89	0.85	0.8	-0.32	-0.6	0.6	0.82	0.21	0.88	0.99	0.85	0.85	0.64	0.72	0.68	0.06
Non Currrent Assets Other	0.48	-0.19	0.61	0.29	0.48	0.48		-0.27	0.32	0.6	0.31	0.61	0.31	-0.41	-0.46	0.4	0.6	-0.07	0.35	0.49	0.6	0.61	0.3	0.27	0.32	0.39
Other Assets	-0.48	-0.49	-0.4	-0.58	-0.48	-0.44	-0.27		-0.51	-0.24	-0.62	-0.27	-0.53	-0.23	0.78	-0.4	-0.2	-0.24	-0.27	-0.43	-0.41	-0.33	-0.23	-0.32	-0.6	-0.17
Common Stock Shares Outstanding	0.86	0.42	0.62	0.98	0.86	0.86	0.32	-0.51		0.57	0.85	0.58	0.96	-0.19	-0.55	0.76	0.55	0.42	0.88	0.88	0.6	0.6	0.65	0.92	0.62	-0.01
Non Current Liabilities Total	0.84	0.21	0.89	0.55	0.83	0.84	0.6	-0.24	0.57		0.56	1.0	0.52	-0.47	-0.5	0.35	1.0	0.0	0.56	0.8	0.98	0.98	0.55	0.43	0.6	0.21
Other Stockholder Equity	0.9	0.43	0.64	0.87	0.9	0.89	0.31	-0.62	0.85	0.56		0.58	0.79	0.0	-0.75	0.68	0.53	0.25	0.81	0.89	0.63	0.61	0.56	0.66	0.71	0.04
Total Liab	0.85	0.22	0.92	0.57	0.84	0.85	0.61	-0.27	0.58	1.0	0.58		0.54	-0.47	-0.52	0.38	0.99	0.02	0.57	0.81	0.98	0.98	0.59	0.44	0.62	0.23
Property Plant And Equipment Gross	0.8	0.36	0.57	0.96	0.8	0.8	0.31	-0.53	0.96	0.52	0.79	0.54		-0.22	-0.54	0.83	0.51	0.49	0.84	0.83	0.57	0.56	0.58	0.94	0.6	-0.06
Other Liab	-0.28	0.39	-0.42	-0.15	-0.31	-0.32	-0.41	-0.23	-0.19	-0.47	0.0	-0.47	-0.22		-0.1	-0.13	-0.49	-0.29	-0.32	-0.3	-0.43	-0.51	-0.23	-0.31	0.08	0.01
Retained Earnings	-0.63	-0.18	-0.62	-0.6	-0.64	-0.6	-0.46	0.78	-0.55	-0.5	-0.75	-0.52	-0.54	-0.1		-0.58	-0.46	-0.12	-0.34	-0.6	-0.64	-0.59	-0.37	-0.32	-0.64	-0.47
Accounts Payable	0.62	0.03	0.51	0.75	0.61	0.6	0.4	-0.4	0.76	0.35	0.68	0.38	0.83	-0.13	-0.58		0.34	0.35	0.67	0.65	0.42	0.41	0.56	0.73	0.57	0.2
Long Term Debt	0.82	0.18	0.88	0.53	0.81	0.82	0.6	-0.2	0.55	1.0	0.53	0.99	0.51	-0.49	-0.46	0.34		0.0	0.54	0.78	0.97	0.97	0.55	0.42	0.58	0.21
Other Current Assets	0.21	0.16	0.12	0.43	0.21	0.21	-0.07	-0.24	0.42	0.0	0.25	0.02	0.49	-0.29	-0.12	0.35	0.0		0.31	0.26	0.05	0.05	0.2	0.48	0.22	-0.14
Common Stock	0.86	0.39	0.6	0.86	0.87	0.88	0.35	-0.27	0.88	0.56	0.81	0.57	0.84	-0.32	-0.34	0.67	0.54	0.31		0.91	0.54	0.57	0.62	0.88	0.48	-0.13
Property Plant Equipment	0.98	0.4	0.81	0.87	0.98	0.99	0.49	-0.43	0.88	0.8	0.89	0.81	0.83	-0.3	-0.6	0.65	0.78	0.26	0.91		0.8	0.81	0.68	0.78	0.66	0.05
Short Long Term Debt Total	0.86	0.22	0.93	0.6	0.85	0.85	0.6	-0.41	0.6	0.98	0.63	0.98	0.57	-0.43	-0.64	0.42	0.97	0.05	0.54	0.8		0.99	0.57	0.43	0.67	0.29
Net Debt	0.84	0.16	0.93	0.59	0.85	0.85	0.61	-0.33	0.6	0.98	0.61	0.98	0.56	-0.51	-0.59	0.41	0.97	0.05	0.57	0.81	0.99		0.59	0.46	0.57	0.25
Net Receivables	0.66	0.21	0.76	0.56	0.63	0.64	0.3	-0.23	0.65	0.55	0.56	0.59	0.58	-0.23	-0.37	0.56	0.55	0.2	0.62	0.68	0.57	0.59		0.58	0.64	0.29
Common Stock Total Equity	0.71	0.33	0.47	0.91	0.72	0.72	0.27	-0.32	0.92	0.43	0.66	0.44	0.94	-0.31	-0.32	0.73	0.42	0.48	0.88	0.78	0.43	0.46	0.58		0.41	-0.14
Total Current Assets	0.74	0.4	0.68	0.65	0.7	0.68	0.32	-0.6	0.62	0.6	0.71	0.62	0.6	0.08	-0.64	0.57	0.58	0.22	0.48	0.66	0.67	0.57	0.64	0.41		0.38
Short Term Debt	0.11	-0.27	0.33	-0.01	0.08	0.06	0.39	-0.17	-0.01	0.21	0.04	0.23	-0.06	0.01	-0.47	0.2	0.21	-0.14	-0.13	0.05	0.29	0.25	0.29	-0.14	0.38

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DHT Holdings Account Relationship Matchups

DHT Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8B	1.6B	1.6B	1.5B	1.5B	992.1M
Other Current Liab	21.0M	25.5M	16.2M	16.0M	11.3M	11.4M
Total Current Liabilities	130.2M	47.9M	41.9M	64.4M	56.6M	46.9M
Total Stockholder Equity	932.4M	1.1B	1.0B	1.1B	1.0B	1.1B
Property Plant And Equipment Net	1.6B	1.5B	1.5B	1.3B	1.3B	864.0M
Non Current Assets Total	1.6B	1.5B	1.5B	1.3B	1.3B	879.6M
Other Assets	0.0	11.7M	17.3M	4.6M	4.1M	3.9M
Common Stock Shares Outstanding	168.2M	170.1M	169.1M	164.9M	162.4M	170.5M
Liabilities And Stockholders Equity	1.8B	1.6B	1.6B	1.5B	1.5B	992.1M
Non Current Liabilities Total	764.5M	465.1M	520.1M	370.6M	404.0M	451.5M
Other Stockholder Equity	1.2B	1.3B	1.3B	1.2B	1.2B	654.1M
Total Liab	894.8M	513.0M	562.0M	435.0M	460.6M	498.4M
Property Plant And Equipment Gross	1.6B	1.5B	2.2B	2.0B	2.1B	2.2B
Other Liab	2.7M	4.0M	3.3M	3.5M	3.2M	2.2M
Retained Earnings	(240.2M)	(188.7M)	(222.4M)	(180.7M)	(206.5M)	(196.2M)
Accounts Payable	7.9M	2.8M	11.1M	14.6M	9.2M	9.7M
Long Term Debt	750.6M	446.6M	512.5M	367.1M	398.4M	461.3M
Other Current Assets	4.2M	7.7M	7.6M	17.1M	16.1M	16.9M
Common Stock	1.5M	1.7M	1.7M	1.6M	1.6M	964.1K
Property Plant Equipment	1.6B	1.5B	1.5B	1.3B	1.5B	902.0M
Short Long Term Debt Total	853.2M	450.0M	522.3M	396.7M	430.1M	488.0M
Net Debt	783.6M	381.3M	461.6M	270.7M	355.4M	406.1M
Net Receivables	107.8M	30.1M	30.4M	59.5M	75.8M	38.0M
Common Stock Total Equity	1.4M	1.4M	1.5M	1.7M	2.0M	2.1M
Total Current Assets	218.3M	118.3M	132.0M	235.6M	200.5M	135.1M
Accumulated Other Comprehensive Income	1.6M	4.4M	4.1M	3.8M	3.8M	4.0M
Short Term Debt	100.4M	3.4M	9.8M	29.6M	31.7M	42.5M
Current Deferred Revenue	930K	16.2M	4.9M	4.2M	4.4M	6.7M
Cash	67.4M	68.6M	60.7M	125.9M	74.7M	86.1M
Cash And Short Term Investments	67.4M	68.6M	60.7M	125.9M	74.7M	86.1M
Inventory	34.1M	11.9M	33.4M	33.1M	33.8M	19.1M
Net Tangible Assets	931.0M	1.1B	1.0B	1.1B	1.2B	912.9M
Long Term Investments	4.0M	4.4M	4.8M	5.2M	5.4M	0.0
Short Long Term Debt	100.4M	3.4M	9.8M	29.6M	30.3M	44.9M
Long Term Debt Total	873.5M	752.8M	446.6M	512.5M	461.3M	521.0M
Capital Surpluse	1.1B	1.2B	1.3B	1.3B	1.5B	1.2B
Intangible Assets	3.4M	2.4M	1.4M	452K	406.8K	386.5K
Non Current Liabilities Other	2.7M	4.0M	3.3M	3.5M	5.5M	5.8M
Cash And Equivalents	94.3M	67.4M	68.6M	60.7M	54.6M	57.1M

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