Diamond Depreciation And Amortization vs Interest Expense Analysis

DIACABS Stock

164.05 0.45 0.28%

Diamond Power financial indicator trend analysis is much more than just examining Diamond Power Infras latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diamond Power Infras is a good investment. Please check the relationship between Diamond Power Depreciation And Amortization and its Interest Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Power Infrastructure. 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.

Depreciation And Amortization vs Interest Expense

Depreciation And Amortization vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diamond Power Infras Depreciation And Amortization account and Interest Expense. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Diamond Power's Depreciation And Amortization and Interest Expense is -0.34. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Diamond Power Infrastructure, assuming nothing else is changed. The correlation between historical values of Diamond Power's Depreciation And Amortization and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Diamond Power Infrastructure are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Depreciation And Amortization i.e., Diamond Power's Depreciation And Amortization and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.34

Relationship Direction	Negative
Relationship Strength	Insignificant

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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.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Most indicators from Diamond Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diamond Power Infras 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 Diamond Power Infrastructure. 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.

Selling General Administrative is likely to drop to about 73.1 M in 2024

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	157.0M	188.4M	216.6M	184.2M
Total Operating Expenses	185.3M	396.2M	194.1M	262.6M

Reconciled Depreciation Total Operating Expenses

Diamond Power fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets
Total Assets		-0.99	0.81	0.99	1.0	0.72	0.99	-0.99	0.92	0.83	-0.98	0.78	0.97	-0.87	0.99	-0.94	0.68	-0.94	-0.79	0.99	0.79	0.84	0.78	-0.72	0.99	0.97
Short Long Term Debt Total	-0.99		-0.81	-1.0	-1.0	-0.7	-1.0	1.0	-0.9	-0.77	0.99	-0.76	-0.99	0.9	-0.99	0.95	-0.63	0.95	0.85	-0.99	-0.84	-0.81	-0.8	0.78	-1.0	-0.97
Other Current Liab	0.81	-0.81		0.81	0.83	0.56	0.81	-0.81	0.8	0.66	-0.89	0.62	0.79	-0.83	0.81	-0.78	0.54	-0.79	-0.68	0.8	0.64	0.62	0.65	-0.6	0.81	0.79
Total Current Liabilities	0.99	-1.0	0.81		1.0	0.66	1.0	-1.0	0.89	0.8	-0.98	0.73	0.99	-0.88	1.0	-0.97	0.67	-0.97	-0.84	1.0	0.81	0.78	0.76	-0.76	1.0	0.98
Total Stockholder Equity	1.0	-1.0	0.83	1.0		0.71	1.0	-1.0	0.92	0.79	-0.99	0.78	0.99	-0.9	0.99	-0.95	0.64	-0.95	-0.84	0.99	0.83	0.82	0.8	-0.77	1.0	0.96
Property Plant And Equipment Net	0.72	-0.7	0.56	0.66	0.71		0.67	-0.7	0.92	0.49	-0.69	1.0	0.71	-0.77	0.63	-0.45	0.15	-0.45	-0.44	0.62	0.76	0.97	0.93	-0.61	0.67	0.51
Current Deferred Revenue	0.99	-1.0	0.81	1.0	1.0	0.67		-1.0	0.89	0.78	-0.99	0.74	0.99	-0.89	0.99	-0.96	0.66	-0.96	-0.85	0.99	0.82	0.79	0.77	-0.77	1.0	0.98
Net Debt	-0.99	1.0	-0.81	-1.0	-1.0	-0.7	-1.0		-0.91	-0.77	0.99	-0.77	-0.99	0.9	-0.99	0.95	-0.63	0.95	0.85	-0.99	-0.84	-0.81	-0.8	0.78	-1.0	-0.96
Retained Earnings	0.92	-0.9	0.8	0.89	0.92	0.92	0.89	-0.91		0.72	-0.91	0.95	0.9	-0.89	0.87	-0.74	0.46	-0.74	-0.65	0.87	0.82	0.97	0.91	-0.69	0.89	0.8
Accounts Payable	0.83	-0.77	0.66	0.8	0.79	0.49	0.78	-0.77	0.72		-0.75	0.55	0.69	-0.48	0.84	-0.77	0.93	-0.77	-0.37	0.84	0.32	0.67	0.39	-0.21	0.79	0.85
Cash	-0.98	0.99	-0.89	-0.98	-0.99	-0.69	-0.99	0.99	-0.91	-0.75		-0.76	-0.98	0.93	-0.98	0.94	-0.61	0.94	0.85	-0.97	-0.83	-0.79	-0.8	0.78	-0.99	-0.95
Non Current Assets Total	0.78	-0.76	0.62	0.73	0.78	1.0	0.74	-0.77	0.95	0.55	-0.76		0.78	-0.81	0.7	-0.53	0.23	-0.53	-0.51	0.7	0.8	0.98	0.94	-0.65	0.73	0.59
Non Currrent Assets Other	0.97	-0.99	0.79	0.99	0.99	0.71	0.99	-0.99	0.9	0.69	-0.98	0.78		-0.94	0.97	-0.93	0.54	-0.93	-0.89	0.97	0.9	0.81	0.85	-0.85	0.99	0.94
Cash And Short Term Investments	-0.87	0.9	-0.83	-0.88	-0.9	-0.77	-0.89	0.9	-0.89	-0.48	0.93	-0.81	-0.94		-0.84	0.8	-0.27	0.8	0.89	-0.83	-0.96	-0.78	-0.93	0.93	-0.89	-0.79
Net Receivables	0.99	-0.99	0.81	1.0	0.99	0.63	0.99	-0.99	0.87	0.84	-0.98	0.7	0.97	-0.84		-0.97	0.73	-0.97	-0.81	1.0	0.76	0.77	0.72	-0.7	1.0	0.99
Common Stock Shares Outstanding	-0.94	0.95	-0.78	-0.97	-0.95	-0.45	-0.96	0.95	-0.74	-0.77	0.94	-0.53	-0.93	0.8	-0.97		-0.74	1.0	0.87	-0.97	-0.71	-0.6	-0.6	0.71	-0.96	-0.99
Short Term Investments	0.68	-0.63	0.54	0.67	0.64	0.15	0.66	-0.63	0.46	0.93	-0.61	0.23	0.54	-0.27	0.73	-0.74		-0.73	-0.31	0.74	0.11	0.38	0.1	-0.06	0.66	0.79
Non Current Liabilities Total	-0.94	0.95	-0.79	-0.97	-0.95	-0.45	-0.96	0.95	-0.74	-0.77	0.94	-0.53	-0.93	0.8	-0.97	1.0	-0.73		0.87	-0.97	-0.71	-0.6	-0.6	0.71	-0.96	-0.99
Inventory	-0.79	0.85	-0.68	-0.84	-0.84	-0.44	-0.85	0.85	-0.65	-0.37	0.85	-0.51	-0.89	0.89	-0.81	0.87	-0.31	0.87		-0.81	-0.89	-0.5	-0.72	0.94	-0.85	-0.81
Other Current Assets	0.99	-0.99	0.8	1.0	0.99	0.62	0.99	-0.99	0.87	0.84	-0.97	0.7	0.97	-0.83	1.0	-0.97	0.74	-0.97	-0.81		0.75	0.77	0.71	-0.7	0.99	0.99
Other Stockholder Equity	0.79	-0.84	0.64	0.81	0.83	0.76	0.82	-0.84	0.82	0.32	-0.83	0.8	0.9	-0.96	0.76	-0.71	0.11	-0.71	-0.89	0.75		0.75	0.95	-0.98	0.82	0.69
Total Liab	0.84	-0.81	0.62	0.78	0.82	0.97	0.79	-0.81	0.97	0.67	-0.79	0.98	0.81	-0.78	0.77	-0.6	0.38	-0.6	-0.5	0.77	0.75		0.89	-0.6	0.79	0.67
Net Invested Capital	0.78	-0.8	0.65	0.76	0.8	0.93	0.77	-0.8	0.91	0.39	-0.8	0.94	0.85	-0.93	0.72	-0.6	0.1	-0.6	-0.72	0.71	0.95	0.89		-0.86	0.77	0.62
Property Plant And Equipment Gross	-0.72	0.78	-0.6	-0.76	-0.77	-0.61	-0.77	0.78	-0.69	-0.21	0.78	-0.65	-0.85	0.93	-0.7	0.71	-0.06	0.71	0.94	-0.7	-0.98	-0.6	-0.86		-0.77	-0.65
Short Long Term Debt	0.99	-1.0	0.81	1.0	1.0	0.67	1.0	-1.0	0.89	0.79	-0.99	0.73	0.99	-0.89	1.0	-0.96	0.66	-0.96	-0.85	0.99	0.82	0.79	0.77	-0.77		0.98
Total Current Assets	0.97	-0.97	0.79	0.98	0.96	0.51	0.98	-0.96	0.8	0.85	-0.95	0.59	0.94	-0.79	0.99	-0.99	0.79	-0.99	-0.81	0.99	0.69	0.67	0.62	-0.65	0.98

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Diamond Depreciation And Amortization vs Interest Expense Analysis

Depreciation And Amortization vs Interest Expense

Depreciation And Amortization vs Interest Expense Correlation Analysis

Correlation Coefficient

Depreciation And Amortization

Interest Expense

Diamond Power fundamental ratios Correlations

Diamond Power Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Diamond Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Stockholder Equity	+ 1.0	Total Current Liabilities
Current Deferred Revenue	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Total Current Liabilities
Other Current Assets	+ 1.0	Total Current Liabilities

Short Long Term Debt	- 1.0	Net Debt
Net Debt	- 1.0	Current Deferred Revenue
Net Debt	- 1.0	Total Stockholder Equity
Net Debt	- 1.0	Total Current Liabilities
Short Long Term Debt	- 1.0	Short Long Term Debt Total
Current Deferred Revenue	- 1.0	Short Long Term Debt Total