Diamond Total Assets vs Net Debt Analysis
| DIACABS Stock | 163.60 3.25 1.95% |
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 Total Assets and its Net Debt 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.
Total Assets vs Net Debt
Total Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diamond Power Infras Total Assets account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Diamond Power's Total Assets and Net Debt is -0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt 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 Total Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Diamond Power Infrastructure are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., Diamond Power's Total Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.99 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Diamond Power assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Diamond Power Infras books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 |
Diamond Power fundamental ratios Correlations
Click cells to compare fundamentals
Diamond Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Diamond Stock Analysis
When running Diamond Power's price analysis, check to measure Diamond Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Diamond Power is operating at the current time. Most of Diamond Power's value examination focuses on studying past and present price action to predict the probability of Diamond Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamond Power's price. Additionally, you may evaluate how the addition of Diamond Power to your portfolios can decrease your overall portfolio volatility.