DLH Total Current Liabilities vs Accounts Payable Analysis
DLHC Stock | USD 7.60 0.05 0.65% |
DLH Holdings financial indicator trend analysis is much more than just examining DLH Holdings Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DLH Holdings Corp is a good investment. Please check the relationship between DLH Holdings Total Current Liabilities and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DLH Holdings 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 rate.
Total Current Liabilities vs Accounts Payable
Total Current Liabilities vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DLH Holdings Corp Total Current Liabilities account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between DLH Holdings' Total Current Liabilities and Accounts Payable is 0.72. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of DLH Holdings Corp, assuming nothing else is changed. The correlation between historical values of DLH Holdings' Total Current Liabilities and Accounts Payable 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 Current Liabilities of DLH Holdings Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Current Liabilities i.e., DLH Holdings' Total Current Liabilities and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on DLH Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of DLH Holdings Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents DLH Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of DLH Holdings Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from DLH Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DLH Holdings 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 DLH Holdings 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 rate. At present, DLH Holdings' Enterprise Value Over EBITDA is projected to drop slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 7.80, whereas Tax Provision is forecasted to decline to about 332.5 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 72.3M | 79.9M | 78.9M | 82.9M | Total Revenue | 395.2M | 375.9M | 395.9M | 415.7M |
DLH Holdings fundamental ratios Correlations
Click cells to compare fundamentals
DLH Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DLH Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 13.1M | 13.6M | 14.2M | 14.4M | 14.4M | 15.1M | |
Total Assets | 183.6M | 197.2M | 169.0M | 339.8M | 314.4M | 330.1M | |
Short Long Term Debt Total | 90.9M | 66.3M | 39.1M | 191.7M | 164.8M | 173.1M | |
Other Current Liab | 22.5M | 22.9M | 22.2M | 31.5M | 24.1M | 25.3M | |
Total Current Liabilities | 48.0M | 66.4M | 38.5M | 64.8M | 53.2M | 55.9M | |
Total Stockholder Equity | 53.4M | 65.6M | 92.1M | 102.4M | 110.1M | 115.6M | |
Property Plant And Equipment Net | 25.8M | 21.8M | 18.6M | 11.2M | 6.7M | 7.0M | |
Net Debt | 89.6M | 42.2M | 38.9M | 191.5M | 164.5M | 172.7M | |
Retained Earnings | (32.4M) | (22.3M) | 990K | 2.5M | 9.8M | 10.3M | |
Accounts Payable | 14.6M | 16.7M | 11.9M | 12.6M | 13.4M | 14.1M | |
Cash | 1.4M | 24.1M | 228K | 215K | 342K | 324.9K | |
Non Current Assets Total | 146.2M | 135.4M | 125.4M | 277.4M | 261.4M | 274.5M | |
Non Currrent Assets Other | 606K | 464K | 328K | 186K | 8.3M | 8.7M | |
Cash And Short Term Investments | 1.4M | 24.1M | 228K | 215K | 342K | 324.9K | |
Net Receivables | 32.5M | 33.4M | 40.5M | 59.1M | 49.8M | 52.3M | |
Liabilities And Stockholders Equity | 183.6M | 197.2M | 169.0M | 339.8M | 314.4M | 330.1M | |
Other Stockholder Equity | 85.9M | 87.9M | 91.1M | 100.0M | 100.3M | 54.7M | |
Total Liab | 130.1M | 131.6M | 77.0M | 237.4M | 204.2M | 214.5M | |
Property Plant And Equipment Gross | 25.8M | 1.9M | 1.7M | 11.2M | 17.4M | 18.3M | |
Total Current Assets | 37.4M | 61.8M | 43.6M | 62.4M | 53.0M | 55.6M | |
Non Current Liabilities Total | 82.2M | 65.2M | 38.4M | 172.6M | 151.0M | 158.6M | |
Other Current Assets | 3.5M | 4.3M | 2.9M | 3.1M | 2.8M | 1.5M | |
Good Will | 52.8M | 67.1M | 65.6M | 138.2M | 158.9M | 166.8M | |
Intangible Assets | 52.6M | 47.5M | 40.9M | 124.8M | 108.3M | 113.7M | |
Other Assets | 3.1M | 643K | 464K | 328K | 295.2K | 280.4K | |
Long Term Debt | 60.5M | 44.6M | 20.4M | 155.1M | 137.3M | 144.2M | |
Property Plant Equipment | 5.3M | 3.3M | 1.9M | 18.6M | 21.3M | 22.4M | |
Other Liab | 232K | 573K | 1.2M | 1.5M | 1.4M | 1.1M | |
Net Tangible Assets | (48.4M) | 53.4M | (35K) | (14.5M) | (13.0M) | (12.4M) | |
Retained Earnings Total Equity | (39.6M) | (32.4M) | (22.3M) | 990K | 1.1M | 1.2M | |
Capital Surpluse | 85.1M | 85.9M | 87.9M | 91.1M | 104.7M | 89.2M | |
Non Current Liabilities Other | 82.2M | 65.2M | 38.4M | 1.6M | 902K | 856.9K |
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.When determining whether DLH Holdings Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DLH Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dlh Holdings Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dlh Holdings Corp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DLH Holdings 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 rate. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Human Resource & Employment Services 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 DLH Holdings. If investors know DLH 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 DLH Holdings 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 (0.33) | Earnings Share 0.51 | Revenue Per Share 28.458 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0482 |
The market value of DLH Holdings Corp is measured differently than its book value, which is the value of DLH that is recorded on the company's balance sheet. Investors also form their own opinion of DLH Holdings' value that differs from its market value or its book value, called intrinsic value, which is DLH Holdings' 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 DLH Holdings' market value can be influenced by many factors that don't directly affect DLH Holdings' 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 DLH Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DLH Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DLH Holdings' 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.