Diamcor Net Debt vs Short Term Debt Analysis

DMI Stock  CAD 0.03  0.01  25.00%   
Diamcor Mining financial indicator trend analysis is much more than just examining Diamcor Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diamcor Mining is a good investment. Please check the relationship between Diamcor Mining Net Debt and its Short Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamcor Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Short Term Debt

Net Debt vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diamcor Mining Net Debt account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Diamcor Mining's Net Debt and Short Term Debt is 0.59. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Diamcor Mining, assuming nothing else is changed. The correlation between historical values of Diamcor Mining's Net Debt and Short Term 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 Net Debt of Diamcor Mining are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Debt i.e., Diamcor Mining's Net Debt and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Short Term Debt

Most indicators from Diamcor Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diamcor Mining 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 Diamcor Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is expected to grow at the current pace this year, whereas Selling General Administrative is likely to drop slightly above 1.7 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue5.8M7.2M1.1M1.1M
Depreciation And Amortization772.0K560.6K644.7K540.7K

Diamcor Mining fundamental ratios Correlations

0.490.060.680.960.0-0.210.440.410.950.420.410.42-0.020.310.570.380.630.020.44-0.130.440.130.20.340.15
0.49-0.380.310.39-0.240.26-0.040.630.360.490.610.34-0.310.130.70.020.58-0.07-0.26-0.470.520.3-0.340.36-0.19
0.06-0.38-0.310.140.63-0.940.55-0.470.190.11-0.48-0.070.92-0.07-0.080.73-0.390.670.190.97-0.250.230.75-0.230.62
0.680.31-0.310.69-0.610.180.280.180.70.270.180.33-0.340.120.11-0.360.38-0.670.42-0.44-0.12-0.210.210.630.18
0.960.390.140.690.08-0.270.460.161.00.40.170.40.020.30.420.390.40.00.47-0.050.350.090.360.370.28
0.0-0.240.63-0.610.08-0.570.2-0.240.07-0.05-0.2-0.20.490.180.130.85-0.280.81-0.050.590.410.160.19-0.450.1
-0.210.26-0.940.18-0.27-0.57-0.50.37-0.32-0.140.40.02-0.940.0-0.05-0.760.24-0.66-0.34-0.910.14-0.22-0.770.24-0.55
0.44-0.040.550.280.460.2-0.5-0.080.490.49-0.060.260.38-0.170.00.360.030.10.170.36-0.190.020.590.50.71
0.410.63-0.470.180.16-0.240.37-0.080.120.150.990.21-0.40.190.77-0.020.93-0.02-0.21-0.530.570.24-0.590.04-0.47
0.950.360.190.71.00.07-0.320.490.120.410.120.390.070.290.390.40.36-0.010.5-0.010.30.080.420.370.32
0.420.490.110.270.4-0.05-0.140.490.150.410.12-0.060.07-0.430.230.170.220.150.240.030.09-0.010.120.580.35
0.410.61-0.480.180.17-0.20.4-0.060.990.120.120.21-0.440.220.77-0.030.91-0.05-0.25-0.560.590.21-0.60.06-0.47
0.420.34-0.070.330.4-0.20.020.260.210.39-0.060.21-0.10.310.110.070.34-0.21-0.08-0.20.160.20.060.130.05
-0.02-0.310.92-0.340.020.49-0.940.38-0.40.070.07-0.44-0.1-0.02-0.060.65-0.320.660.260.94-0.260.290.67-0.310.51
0.310.13-0.070.120.30.180.0-0.170.190.29-0.430.220.31-0.020.250.230.25-0.010.03-0.150.410.35-0.06-0.33-0.15
0.570.7-0.080.110.420.13-0.050.00.770.390.230.770.11-0.060.250.380.720.29-0.18-0.180.650.48-0.23-0.02-0.22
0.380.020.73-0.360.390.85-0.760.36-0.020.40.17-0.030.070.650.230.380.050.880.170.650.480.370.35-0.350.23
0.630.58-0.390.380.4-0.280.240.030.930.360.220.910.34-0.320.250.720.05-0.040.11-0.480.560.19-0.440.08-0.38
0.02-0.070.67-0.670.00.81-0.660.1-0.02-0.010.15-0.05-0.210.66-0.010.290.88-0.040.060.70.390.340.13-0.530.05
0.44-0.260.190.420.47-0.05-0.340.17-0.210.50.24-0.25-0.080.260.03-0.180.170.110.060.19-0.03-0.230.350.050.19
-0.13-0.470.97-0.44-0.050.59-0.910.36-0.53-0.010.03-0.56-0.20.94-0.15-0.180.65-0.480.70.19-0.320.20.68-0.360.53
0.440.52-0.25-0.120.350.410.14-0.190.570.30.090.590.16-0.260.410.650.480.560.39-0.03-0.320.21-0.49-0.19-0.48
0.130.30.23-0.210.090.16-0.220.020.240.08-0.010.210.20.290.350.480.370.190.34-0.230.20.210.15-0.070.34
0.2-0.340.750.210.360.19-0.770.59-0.590.420.12-0.60.060.67-0.06-0.230.35-0.440.130.350.68-0.490.150.180.85
0.340.36-0.230.630.37-0.450.240.50.040.370.580.060.13-0.31-0.33-0.02-0.350.08-0.530.05-0.36-0.19-0.070.180.44
0.15-0.190.620.180.280.1-0.550.71-0.470.320.35-0.470.050.51-0.15-0.220.23-0.380.050.190.53-0.480.340.850.44
Click cells to compare fundamentals

Diamcor Mining Account Relationship Matchups

Diamcor Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.0M9.1M9.0M8.0M4.1M5.5M
Other Current Liab(1.0)75.2K175.0K250.2K60K57K
Total Current Liabilities7.9M6.6M8.2M7.5M10.0M10.5M
Total Stockholder Equity1.2M294.3K2.4M814.6K(5.4M)(5.1M)
Property Plant And Equipment Net7.5M7.3M6.9M5.6M3.2M3.9M
Net Debt8.1M9.9M6.6M2.7M10.8M11.4M
Retained Earnings(38.7M)(41.8M)(44.2M)(45.5M)(51.2M)(48.6M)
Accounts Payable960.8K560.9K1.2M575.0K1.4M1.4M
Cash32.1K257.1K376.3K506.6K31.2K29.6K
Non Current Assets Total8.1M7.9M7.6M6.2M3.7M4.2M
Non Currrent Assets Other(43.9K)(2.8K)72.8K596.5K560.6K287.2K
Cash And Short Term Investments32.1K257.1K376.3K31.2K35.9K34.1K
Net Receivables513.7K186.2K490.5K298.8K71.3K67.8K
Common Stock Shares Outstanding66.2M89.2M122.9M128.5M128.5M134.9M
Liabilities And Stockholders Equity9.0M9.1M9.0M4.1M4.7M5.4M
Other Current Assets31.6K37.0K107.2K11.3K12.9K12.3K
Other Stockholder Equity14.3M15.4M14.2M14.1M16.2M12.8M
Total Liab11.5M13.4M11.2M10.4M13.1M13.8M
Total Current Assets895.3K1.2M1.4M1.8M317.1K301.3K
Short Long Term Debt Total8.1M10.1M7.0M10.9M12.5M13.1M
Inventory312.4K756.8K474.9K959.1K203.4K193.2K
Accumulated Other Comprehensive Income(8.6M)(7.9M)(7.9M)(10.1M)(9.1M)(8.7M)
Short Term Debt6.8M6.0M6.8M8.4M9.6M10.1M
Non Current Liabilities Total3.6M6.8M3.1M2.9M3.2M4.0M
Other Liab938.0K694.6K739.5K688.6K791.9K623.7K
Net Tangible Assets5.7M1.2M294.3K2.4M2.2M2.9M
Other Assets723.7K622.6K666.5K669.3K769.7K697.1K
Long Term Debt1.3M4.2M248.8K60K54K51.3K
Short Long Term Debt6.8M6.0M6.8M3.2M4.6M4.7M
Common Stock34.2M34.6M40.3M41.8M48.1M34.0M
Property Plant Equipment7.0M7.5M7.3M6.9M6.2M6.1M
Net Invested Capital9.4M10.4M9.4M4.0M(758.9K)(721.0K)
Net Working Capital(7.0M)(5.4M)(6.7M)(5.7M)(9.7M)(10.1M)
Capital Stock34.2M34.6M40.3M41.8M41.8M41.6M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Diamcor Stock Analysis

When running Diamcor Mining's price analysis, check to measure Diamcor Mining'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 Diamcor Mining is operating at the current time. Most of Diamcor Mining's value examination focuses on studying past and present price action to predict the probability of Diamcor Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamcor Mining's price. Additionally, you may evaluate how the addition of Diamcor Mining to your portfolios can decrease your overall portfolio volatility.