Diodes Other Operating Expenses vs Depreciation And Amortization Analysis

DIOD Stock  USD 63.45  1.36  2.10%   
Diodes Incorporated financial indicator trend analysis is much more than just examining Diodes Incorporated latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diodes Incorporated is a good investment. Please check the relationship between Diodes Incorporated Other Operating Expenses and its Depreciation And Amortization accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diodes Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Diodes Stock refer to our How to Trade Diodes Stock guide.

Other Operating Expenses vs Depreciation And Amortization

Other Operating Expenses vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diodes Incorporated Other Operating Expenses account and Depreciation And Amortization. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Diodes Incorporated's Other Operating Expenses and Depreciation And Amortization is 0.81. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Diodes Incorporated, assuming nothing else is changed. The correlation between historical values of Diodes Incorporated's Other Operating Expenses 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 Other Operating Expenses of Diodes Incorporated 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 Other Operating Expenses i.e., Diodes Incorporated's Other Operating Expenses and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Diodes Incorporated. It is also known as Diodes Incorporated overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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 Diodes Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diodes Incorporated 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 Diodes Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Diodes Stock refer to our How to Trade Diodes Stock guide.At present, Diodes Incorporated's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 651.8 M, whereas Issuance Of Capital Stock is forecasted to decline to 950.00.
 2021 2022 2023 2024 (projected)
Gross Profit670.4M827.2M658.2M691.1M
Total Revenue1.8B2.0B1.7B1.7B

Diodes Incorporated fundamental ratios Correlations

0.420.760.910.940.98-0.180.910.960.990.890.950.990.540.430.980.89-0.050.80.860.990.550.530.920.720.38
0.420.090.40.090.310.810.060.40.450.050.50.340.470.980.270.390.180.850.030.370.410.60.370.40.83
0.760.090.850.770.78-0.360.870.690.710.870.630.820.050.030.840.87-0.630.510.890.80.60.290.80.33-0.16
0.910.40.850.810.88-0.140.840.870.880.860.820.930.410.370.920.96-0.280.810.780.920.780.660.960.610.25
0.940.090.770.810.97-0.470.980.890.920.940.850.950.430.120.970.8-0.090.550.930.940.420.30.830.640.14
0.980.310.780.880.97-0.270.950.920.980.910.90.970.470.320.980.85-0.090.720.90.970.510.40.880.670.31
-0.180.81-0.36-0.14-0.47-0.27-0.48-0.22-0.12-0.47-0.1-0.260.10.75-0.32-0.140.160.4-0.49-0.230.140.26-0.2-0.070.65
0.910.060.870.840.980.95-0.480.840.890.980.80.930.260.060.960.84-0.290.530.970.920.470.260.820.510.04
0.960.40.690.870.890.92-0.220.840.920.810.980.960.610.450.930.860.050.790.80.970.460.580.920.770.35
0.990.450.710.880.920.98-0.120.890.920.860.920.960.530.460.950.840.00.810.830.960.540.50.880.70.47
0.890.050.870.860.940.91-0.470.980.810.860.770.920.20.050.940.86-0.350.530.950.90.530.350.850.460.03
0.950.50.630.820.850.9-0.10.80.980.920.770.940.630.550.90.820.10.820.760.960.410.570.880.770.45
0.990.340.820.930.950.97-0.260.930.960.960.920.940.510.350.990.92-0.120.760.881.00.580.520.940.70.27
0.540.470.050.410.430.470.10.260.610.530.20.630.510.520.470.360.680.560.130.530.270.480.490.910.55
0.430.980.030.370.120.320.750.060.450.460.050.550.350.520.270.350.30.840.040.390.290.620.390.460.87
0.980.270.840.920.970.98-0.320.960.930.950.940.90.990.470.270.92-0.160.710.910.990.560.470.930.670.21
0.890.390.870.960.80.85-0.140.840.860.840.860.820.920.360.350.92-0.370.780.790.920.760.60.920.550.14
-0.050.18-0.63-0.28-0.09-0.090.16-0.290.050.0-0.350.1-0.120.680.3-0.16-0.370.03-0.38-0.1-0.350.08-0.160.460.54
0.80.850.510.810.550.720.40.530.790.810.530.820.760.560.840.710.780.030.480.780.630.770.80.640.69
0.860.030.890.780.930.9-0.490.970.80.830.950.760.880.130.040.910.79-0.380.480.870.330.210.790.42-0.02
0.990.370.80.920.940.97-0.230.920.970.960.90.961.00.530.390.990.92-0.10.780.870.560.540.940.720.29
0.550.410.60.780.420.510.140.470.460.540.530.410.580.270.290.560.76-0.350.630.330.560.570.630.340.16
0.530.60.290.660.30.40.260.260.580.50.350.570.520.480.620.470.60.080.770.210.540.570.720.480.5
0.920.370.80.960.830.88-0.20.820.920.880.850.880.940.490.390.930.92-0.160.80.790.940.630.720.680.26
0.720.40.330.610.640.67-0.070.510.770.70.460.770.70.910.460.670.550.460.640.420.720.340.480.680.46
0.380.83-0.160.250.140.310.650.040.350.470.030.450.270.550.870.210.140.540.69-0.020.290.160.50.260.46
Click cells to compare fundamentals

Diodes Incorporated Account Relationship Matchups

Diodes Incorporated fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B2.0B2.2B2.3B2.4B2.5B
Short Long Term Debt Total110.8M450.6M301.0M213.7M98.4M126.4M
Other Current Liab296K149.3M173.4M204.0M167.6M175.9M
Total Current Liabilities285.3M509.8M471.0M432.5M393.5M413.2M
Total Stockholder Equity1.1B963.8M1.2B1.5B1.7B1.8B
Property Plant And Equipment Net469.6M530.8M582.1M736.7M746.2M783.5M
Net Debt(147.5M)182.5M(62.6M)(123.1M)(217.1M)(206.2M)
Retained Earnings790.0M888.0M1.1B1.4B1.7B1.8B
Cash258.4M268.1M363.6M336.7M315.5M331.2M
Non Current Assets Total829.4M955.5M1.0B1.1B1.2B1.2B
Non Currrent Assets Other81.5M79.6M112.0M107.8M146.5M153.8M
Cash And Short Term Investments263.2M274.2M370.1M343.8M325.6M341.9M
Net Receivables260.3M320.1M358.5M369.2M371.9M390.5M
Common Stock Shares Outstanding51.9M52.1M45.8M46.0M46.3M41.7M
Liabilities And Stockholders Equity1.6B2.0B2.2B2.3B2.4B2.5B
Non Current Liabilities Total201.3M453.6M420.7M272.9M164.5M144.1M
Inventory236.5M307.1M348.6M360.3M389.8M409.3M
Other Current Assets50.0M122.7M110.4M88.4M100.1M105.1M
Other Stockholder Equity389.5M113.7M134.8M157.3M171.9M131.8M
Total Liab486.6M963.3M891.8M705.4M558.0M585.9M
Property Plant And Equipment Gross469.6M530.8M1.4B1.6B1.8B1.8B
Total Current Assets810.0M1.0B1.2B1.2B1.2B1.2B
Accumulated Other Comprehensive Income(108.1M)(73.6M)(50.5M)(128.2M)(143.2M)(136.1M)
Short Term Debt46.4M173.2M46.7M45.4M54.0M56.7M
Current Deferred Revenue116.4M165.8M210.6M35.3M55.2M80.4M
Accounts Payable122.1M168.0M221.3M160.4M158.3M166.2M
Common Stock Total Equity35.1M35.7M36.2M36.5M42.0M26.8M
Intangible Assets119.5M110.6M94.6M79.1M63.9M63.9M
Common Stock35.1M35.7M36.2M36.5M36.8M27.3M
Other Assets40.1M155.7M180.3M99.1M114.0M119.7M
Long Term Debt64.4M288.2M265.6M147.5M17.0M16.1M
Good Will141.3M158.3M149.9M144.8M146.6M139.2M
Property Plant Equipment469.6M530.8M582.1M736.7M847.2M889.6M
Short Term Investments4.8M6.1M6.5M7.1M10.2M9.7M
Other Liab109.2M165.4M155.2M104.6M120.3M86.2M
Net Tangible Assets845.6M694.9M992.8M1.3B1.5B1.6B
Noncontrolling Interest In Consolidated Entity46.4M52.3M65.5M69.3M79.7M47.9M
Long Term Debt Total64.4M288.2M265.6M147.5M169.6M239.7M

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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.
When determining whether Diodes Incorporated is a strong investment it is important to analyze Diodes Incorporated's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Diodes Incorporated's future performance. For an informed investment choice regarding Diodes Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diodes Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Diodes Stock refer to our How to Trade Diodes Stock guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diodes Incorporated. If investors know Diodes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diodes Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.72)
Earnings Share
1.32
Revenue Per Share
28.075
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0155
The market value of Diodes Incorporated is measured differently than its book value, which is the value of Diodes that is recorded on the company's balance sheet. Investors also form their own opinion of Diodes Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Diodes Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diodes Incorporated's market value can be influenced by many factors that don't directly affect Diodes Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diodes Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diodes Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diodes Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.