Diligent Non Current Assets Total vs Other Current Assets Analysis

DNAMEDIA   5.01  0.23  4.39%   
Diligent Media financial indicator trend analysis is much more than just examining Diligent Media latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diligent Media is a good investment. Please check the relationship between Diligent Media Non Current Assets Total and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diligent Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Non Current Assets Total vs Other Current Assets

Non Current Assets Total vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diligent Media Non Current Assets Total account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Diligent Media's Non Current Assets Total and Other Current Assets is -0.12. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Diligent Media, assuming nothing else is changed. The correlation between historical values of Diligent Media's Non Current Assets Total and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Diligent Media are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Current Assets Total i.e., Diligent Media's Non Current Assets Total and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Diligent Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diligent Media 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 Diligent Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
The Diligent Media's current Selling General Administrative is estimated to increase to about 114.3 M. The Diligent Media's current Tax Provision is estimated to increase to about 440.5 M
 2021 2022 2023 2024 (projected)
Gross Profit52.4M48.3M10.6M10.0M
Total Revenue64.8M94.4M97.0M92.2M

Diligent Media fundamental ratios Correlations

0.780.070.13-0.280.53-0.30.740.37-0.160.510.87-0.150.390.380.590.780.640.35-0.280.70.480.64-0.480.150.08
0.780.130.17-0.230.56-0.310.550.32-0.250.680.680.030.560.440.310.590.60.2-0.250.560.380.7-0.460.060.17
0.070.130.51-0.62-0.24-0.730.650.52-0.7-0.25-0.050.27-0.090.29-0.10.36-0.370.11-0.750.50.23-0.24-0.64-0.66-0.47
0.130.170.51-0.70.09-0.020.550.34-0.6-0.30.020.19-0.230.77-0.190.23-0.46-0.08-0.620.580.220.06-0.57-0.57-0.63
-0.28-0.23-0.62-0.7-0.440.41-0.7-0.570.70.17-0.140.060.07-0.660.38-0.720.17-0.120.89-0.87-0.3-0.130.850.20.85
0.530.56-0.240.09-0.440.070.290.170.050.350.53-0.480.20.47-0.130.650.610.03-0.220.580.120.7-0.430.65-0.32
-0.3-0.31-0.73-0.020.410.07-0.59-0.690.68-0.1-0.05-0.12-0.23-0.010.06-0.550.02-0.540.66-0.47-0.530.250.650.340.16
0.740.550.650.55-0.70.29-0.590.67-0.620.060.560.130.170.520.250.810.090.32-0.760.890.510.29-0.84-0.35-0.41
0.370.320.520.34-0.570.17-0.690.67-0.76-0.27-0.050.33-0.130.24-0.290.6-0.240.78-0.850.630.84-0.02-0.86-0.41-0.49
-0.16-0.25-0.7-0.60.70.050.68-0.62-0.760.110.17-0.35-0.06-0.380.38-0.460.45-0.480.85-0.61-0.620.250.780.650.47
0.510.68-0.25-0.30.170.35-0.10.06-0.270.110.61-0.290.840.090.420.280.77-0.090.310.11-0.050.430.110.410.61
0.870.68-0.050.02-0.140.53-0.050.56-0.050.170.61-0.250.530.30.720.620.77-0.120.020.53-0.010.73-0.20.340.19
-0.150.030.270.190.06-0.48-0.120.130.33-0.35-0.29-0.250.07-0.17-0.04-0.22-0.50.14-0.18-0.110.14-0.06-0.12-0.730.05
0.390.56-0.09-0.230.070.2-0.230.17-0.13-0.060.840.530.070.030.310.270.52-0.170.180.13-0.150.27-0.030.180.49
0.380.440.290.77-0.660.47-0.010.520.24-0.380.090.3-0.170.03-0.080.440.04-0.15-0.490.660.210.34-0.53-0.12-0.46
0.590.31-0.1-0.190.38-0.130.060.25-0.290.380.420.72-0.040.31-0.080.10.53-0.110.370.01-0.080.370.290.060.59
0.780.590.360.23-0.720.65-0.550.810.6-0.460.280.62-0.220.270.440.10.430.39-0.680.920.490.46-0.780.16-0.41
0.640.6-0.37-0.460.170.610.020.09-0.240.450.770.77-0.50.520.040.530.43-0.070.310.18-0.090.70.10.740.43
0.350.20.11-0.08-0.120.03-0.540.320.78-0.48-0.09-0.120.14-0.17-0.15-0.110.39-0.07-0.460.290.93-0.11-0.44-0.18-0.06
-0.28-0.25-0.75-0.620.89-0.220.66-0.76-0.850.850.310.02-0.180.18-0.490.37-0.680.31-0.46-0.81-0.60.030.940.450.77
0.70.560.50.58-0.870.58-0.470.890.63-0.610.110.53-0.110.130.660.010.920.180.29-0.810.490.4-0.88-0.09-0.59
0.480.380.230.22-0.30.12-0.530.510.84-0.62-0.05-0.010.14-0.150.21-0.080.49-0.090.93-0.60.490.0-0.6-0.3-0.16
0.640.7-0.240.06-0.130.70.250.29-0.020.250.430.73-0.060.270.340.370.460.7-0.110.030.40.0-0.150.40.05
-0.48-0.46-0.64-0.570.85-0.430.65-0.84-0.860.780.11-0.2-0.12-0.03-0.530.29-0.780.1-0.440.94-0.88-0.6-0.150.30.68
0.150.06-0.66-0.570.20.650.34-0.35-0.410.650.410.34-0.730.18-0.120.060.160.74-0.180.45-0.09-0.30.40.30.17
0.080.17-0.47-0.630.85-0.320.16-0.41-0.490.470.610.190.050.49-0.460.59-0.410.43-0.060.77-0.59-0.160.050.680.17
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Diligent Media Account Relationship Matchups

Diligent Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.0B2.0B2.0B2.3B3.4B3.2B
Short Long Term Debt Total8.6B4.4B4.4B4.4B5.0B5.8B
Other Current Liab109.9M3.4B3.2B1.8B1.6B1.2B
Total Current Liabilities5.0B3.5B3.2B1.9B1.6B2.0B
Total Stockholder Equity(5.3B)(5.8B)(5.5B)(3.9B)(2.6B)(2.7B)
Property Plant And Equipment Net1.9B1.8B0.03.3M2.0M1.9M
Current Deferred Revenue22.1M523.7M5.9M39.2M8.3M7.9M
Net Debt4.2B4.4B4.3B4.3B4.4B3.4B
Retained Earnings(7.2B)(5.9B)(7.4B)(5.8B)(2.7B)(2.8B)
Accounts Payable99.6M59.6M43.8M49.6M31.3M29.7M
Cash31.8M226K16.8M26.2M5.2M5.0M
Non Current Assets Total2.9B1.1B1.7B2.1B846.6M804.2M
Non Currrent Assets Other(89K)62.2M35.6M1.6B776.8M815.6M
Cash And Short Term Investments31.8M226K16.8M104.3M5.2M5.0M
Net Receivables1.1B896.0M146.9M173.6M123.2M117.1M
Liabilities And Stockholders Equity4.0B2.0B2.0B2.3B3.4B3.2B
Non Current Liabilities Total4.4B4.4B4.4B4.4B4.4B4.6B
Inventory70.0M16.2M1.8M1.00.90.86
Other Current Assets(2K)3.7M135.5M2.2M2.4B2.5B
Other Stockholder Equity2.5B(1.7B)(473K)1.8B1.2M1.1M
Total Liab9.4B7.8B7.6B6.2B6.0B6.6B
Total Current Assets1.1B901.8M299.1M202.8M2.6B2.7B
Accumulated Other Comprehensive Income(714.0M)1.7B1.8B1.8B(2.7B)(2.6B)
Short Term Debt22.1M4.3B5.9M39.2M(8.3M)(7.9M)
Other Liab14.4M75K1.7M2.3M2.1M2.0M
Net Tangible Assets(5.3B)(5.8B)(5.5B)(3.9B)(3.5B)(3.7B)
Other Assets1.2B1.1B1.7B2.1B2.4B1.4B
Long Term Debt4.4B4.4B4.4B4.4B5.0B4.7B
Property Plant Equipment1.9B1.8B0.03.3M3.0M2.8M
Short Term Investments10.6M16.4M19.5M78.1M1.6B1.6B
Long Term Debt Total4.4B4.4B4.4B4.4B3.9B3.5B
Cash And Equivalents52.7M31.8M226K16.8M15.1M26.0M
Net Invested Capital(1.1B)(5.8B)(5.6B)420.4M1.8B1.9B
Net Working Capital(3.9B)(2.6B)(2.9B)(1.7B)944.7M991.9M

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Other Information on Investing in Diligent Stock

Balance Sheet is a snapshot of the financial position of Diligent Media at a specified time, usually calculated after every quarter, six months, or one year. Diligent Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Diligent Media and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Diligent currently owns. An asset can also be divided into two categories, current and non-current.