Dye Total Stockholder Equity vs Property Plant And Equipment Net Analysis

DND Stock  CAD 13.02  0.11  0.84%   
Dye Durham financial indicator trend analysis is much more than just examining Dye Durham latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dye Durham is a good investment. Please check the relationship between Dye Durham Total Stockholder Equity and its Property Plant And Equipment Net accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dye Durham. 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.

Total Stockholder Equity vs Property Plant And Equipment Net

Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dye Durham Total Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dye Durham's Total Stockholder Equity and Property Plant And Equipment Net is 0.67. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Dye Durham, assuming nothing else is changed. The correlation between historical values of Dye Durham's Total Stockholder Equity and Property Plant And Equipment Net 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 Stockholder Equity of Dye Durham are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Stockholder Equity i.e., Dye Durham's Total Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Dye Durham's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dye Durham 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 Dye Durham. 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.
As of the 27th of February 2025, Selling General Administrative is likely to drop to about 52.6 M. In addition to that, Tax Provision is likely to grow to about (28.7 M)
 2022 2023 2024 2025 (projected)
Interest Expense122.8M153.6M176.6M185.5M
Depreciation And Amortization150.1M168.8M194.1M203.8M

Dye Durham fundamental ratios Correlations

0.90.850.640.870.880.89-0.870.820.930.79-0.70.950.60.880.040.940.850.60.850.88-0.720.860.830.43-0.18
0.90.980.851.00.841.0-0.950.950.930.94-0.90.920.561.00.280.870.980.560.980.99-0.650.990.940.48-0.12
0.850.980.920.990.720.99-0.970.980.890.99-0.950.870.40.990.240.81.00.41.00.99-0.631.00.970.480.02
0.640.850.920.880.460.87-0.860.940.730.94-0.970.650.190.870.170.530.920.190.920.88-0.530.910.860.470.06
0.871.00.990.880.791.0-0.960.950.920.96-0.920.90.51.00.30.840.990.50.991.0-0.630.990.960.48-0.07
0.880.840.720.460.790.81-0.710.670.860.6-0.560.90.870.790.310.920.710.870.740.77-0.580.730.660.34-0.47
0.891.00.990.871.00.81-0.960.950.920.96-0.910.920.511.00.290.850.990.510.991.0-0.640.990.960.51-0.1
-0.87-0.95-0.97-0.86-0.96-0.71-0.96-0.91-0.9-0.960.91-0.91-0.33-0.97-0.22-0.81-0.97-0.33-0.95-0.970.63-0.97-0.98-0.59-0.03
0.820.950.980.940.950.670.95-0.910.870.96-0.940.790.430.960.110.750.970.430.980.95-0.690.970.90.39-0.02
0.930.930.890.730.920.860.92-0.90.870.84-0.830.950.580.920.230.890.890.580.90.91-0.660.90.860.36-0.12
0.790.940.990.940.960.60.96-0.960.960.84-0.960.810.250.960.210.720.990.250.980.97-0.590.980.980.50.14
-0.7-0.9-0.95-0.97-0.92-0.56-0.910.91-0.94-0.83-0.96-0.74-0.27-0.92-0.28-0.61-0.95-0.27-0.95-0.920.54-0.94-0.9-0.45-0.06
0.950.920.870.650.90.90.92-0.910.790.950.81-0.740.580.910.270.930.870.580.860.91-0.640.880.870.55-0.21
0.60.560.40.190.50.870.51-0.330.430.580.25-0.270.580.490.220.70.41.00.450.46-0.450.420.270.03-0.68
0.881.00.990.871.00.791.0-0.970.960.920.96-0.920.910.490.280.850.990.490.991.0-0.641.00.970.48-0.04
0.040.280.240.170.30.310.29-0.220.110.230.21-0.280.270.220.280.10.240.220.240.290.30.250.280.15-0.1
0.940.870.80.530.840.920.85-0.810.750.890.72-0.610.930.70.850.10.790.70.80.84-0.780.810.770.35-0.21
0.850.981.00.920.990.710.99-0.970.970.890.99-0.950.870.40.990.240.790.41.00.99-0.631.00.970.480.02
0.60.560.40.190.50.870.51-0.330.430.580.25-0.270.581.00.490.220.70.40.450.46-0.450.420.270.03-0.68
0.850.981.00.920.990.740.99-0.950.980.90.98-0.950.860.450.990.240.81.00.450.99-0.641.00.950.44-0.01
0.880.990.990.881.00.771.0-0.970.950.910.97-0.920.910.461.00.290.840.990.460.99-0.631.00.970.5-0.03
-0.72-0.65-0.63-0.53-0.63-0.58-0.640.63-0.69-0.66-0.590.54-0.64-0.45-0.640.3-0.78-0.63-0.45-0.64-0.63-0.64-0.56-0.310.2
0.860.991.00.910.990.730.99-0.970.970.90.98-0.940.880.421.00.250.811.00.421.01.0-0.640.970.490.0
0.830.940.970.860.960.660.96-0.980.90.860.98-0.90.870.270.970.280.770.970.270.950.97-0.560.970.520.16
0.430.480.480.470.480.340.51-0.590.390.360.5-0.450.550.030.480.150.350.480.030.440.5-0.310.490.52-0.36
-0.18-0.120.020.06-0.07-0.47-0.1-0.03-0.02-0.120.14-0.06-0.21-0.68-0.04-0.1-0.210.02-0.68-0.01-0.030.20.00.16-0.36
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Dye Durham Account Relationship Matchups

Dye Durham fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding56.4M75.5M61.9M59.7M68.6M54.3M
Total Assets1.6B2.3B2.1B2.2B2.6B2.7B
Short Long Term Debt Total599.9M1.2B1.3B1.5B1.8B1.9B
Other Current Liab16.0M6.3M48.0M58.0M66.7M70.0M
Total Current Liabilities106.6M161.2M168.4M180.1M207.1M217.4M
Total Stockholder Equity750.9M763.4M423.1M389.3M447.7M319.8M
Other Liab12.0M117.3M181.4M193.9M223.0M234.2M
Net Tangible Assets(208.9M)(307.7M)(1.2B)(1.4B)(1.3B)(1.2B)
Property Plant And Equipment Net12.7M12.7M16.6M23.9M27.5M28.8M
Current Deferred Revenue10.2M14.2M10.5M14.7M17.0M8.5M
Net Debt170.6M943.7M1.3B1.5B1.7B1.8B
Retained Earnings(120.3M)(116.9M)(330.0M)(509.9M)(458.9M)(435.9M)
Accounts Payable59.8M117.8M100.7M80.0M92.0M51.0M
Cash429.3M223.6M36.3M80.3M92.4M107.0M
Non Current Assets Total1.1B1.9B1.9B2.1B2.4B2.5B
Non Currrent Assets Other2.6M4.6M2.3M1.4M1.6M1.7M
Long Term Debt572.2M1.1B1.3B1.5B1.7B1.8B
Cash And Short Term Investments429.3M223.6M36.3M80.3M92.4M107.0M
Net Receivables47.1M70.4M77.7M96.7M111.2M116.7M
Good Will494.3M970.2M1.0B1.1B1.2B1.3B
Liabilities And Stockholders Equity1.6B2.3B2.1B2.2B2.6B2.7B
Non Current Liabilities Total700.8M1.3B1.5B1.7B1.9B2.0B
Other Current Assets8.1M12.1M125.3M13.4M15.4M23.3M
Other Stockholder Equity(725.4M)46.7M(351.2M)96.1M86.5M90.8M
Total Liab807.4M1.5B1.7B1.9B2.1B2.2B
Net Invested Capital1.3B1.9B1.8B1.9B2.2B2.3B
Short Long Term Debt17.4M19.6M4.4M22.0M25.3M12.8M
Total Current Assets484.5M306.1M239.3M190.4M219.0M174.5M
Accumulated Other Comprehensive Income(729K)(32.7M)(421K)(16.4M)(14.7M)(14.0M)
Net Working Capital377.9M144.9M70.9M10.3M11.9M11.3M
Short Term Debt20.6M22.9M9.1M27.4M31.5M33.1M
Intangible Assets564.3M956.9M860.7M788.6M906.8M472.5M
Common Stock845.7M866.3M681.2M819.5M942.5M989.6M
Property Plant Equipment8.0M12.7M12.7M16.6M19.1M20.0M
Long Term Debt Total128.5M186.8M579.4M1.1B1.3B1.4B
Capital Surpluse997K1.3M26.2M46.7M53.7M56.4M
Cash And Equivalents3.5M2.6M429.3M223.6M257.2M145.0M

Pair Trading with Dye Durham

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dye Durham position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dye Durham will appreciate offsetting losses from the drop in the long position's value.

Moving against Dye Stock

  0.85TD Toronto Dominion BankPairCorr
  0.78JPM JPMorgan ChasePairCorr
  0.55RY-PM Royal BankPairCorr
  0.54SOU Southern Energy CorpPairCorr
  0.42RY-PJ Royal BankPairCorr
The ability to find closely correlated positions to Dye Durham could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dye Durham when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dye Durham - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dye Durham to buy it.
The correlation of Dye Durham is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dye Durham moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dye Durham moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dye Durham can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Dye Stock

Balance Sheet is a snapshot of the financial position of Dye Durham at a specified time, usually calculated after every quarter, six months, or one year. Dye Durham Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dye Durham 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 Dye currently owns. An asset can also be divided into two categories, current and non-current.