Deswell Other Current Assets vs Total Stockholder Equity Analysis

DSWL Stock  USD 2.55  0.08  3.04%   
Deswell Industries financial indicator trend analysis is much more than just examining Deswell Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Deswell Industries is a good investment. Please check the relationship between Deswell Industries Other Current Assets and its Total Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deswell Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Deswell Stock please use our How to buy in Deswell Stock guide.

Other Current Assets vs Total Stockholder Equity

Other Current Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Deswell Industries Other Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Deswell Industries' Other Current Assets and Total Stockholder Equity is -0.47. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Deswell Industries, assuming nothing else is changed. The correlation between historical values of Deswell Industries' Other Current Assets and Total Stockholder Equity 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 Current Assets of Deswell Industries are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Current Assets i.e., Deswell Industries' Other Current Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

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.
Most indicators from Deswell Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Deswell Industries 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 Deswell Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Deswell Stock please use our How to buy in Deswell Stock guide.Tax Provision is expected to rise to about 141.8 K this year, although the value of Selling General Administrative will most likely fall to about 10.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit14.0M12.8M13.9M14.4M
Total Revenue85.5M77.5M69.4M60.0M

Deswell Industries fundamental ratios Correlations

0.740.430.70.980.72-0.560.730.50.560.730.850.640.920.190.77-0.460.170.690.930.120.85-0.040.540.880.55
0.740.590.520.750.45-0.30.360.290.270.50.790.380.80.260.39-0.4-0.030.520.7-0.080.6-0.030.350.920.37
0.430.590.720.31-0.080.18-0.160.54-0.2-0.040.540.60.54-0.40.46-0.39-0.70.730.59-0.720.44-0.120.580.63-0.25
0.70.520.720.550.12-0.060.260.930.050.120.590.920.6-0.270.88-0.2-0.131.00.87-0.150.56-0.090.580.62-0.07
0.980.750.310.550.81-0.650.780.330.640.820.830.50.920.320.65-0.470.240.540.850.180.83-0.010.450.870.68
0.720.45-0.080.120.81-0.630.63-0.050.630.990.410.150.770.650.31-0.340.370.090.420.320.640.190.110.630.95
-0.56-0.30.18-0.06-0.65-0.63-0.810.0-1.0-0.58-0.550.04-0.4-0.3-0.240.27-0.53-0.06-0.43-0.49-0.250.10.17-0.32-0.67
0.730.36-0.160.260.780.63-0.810.180.820.60.650.190.470.280.54-0.220.570.250.640.530.440.010.160.40.61
0.50.290.540.930.33-0.050.00.18-0.01-0.090.370.880.34-0.350.8-0.01-0.020.930.71-0.030.3-0.020.380.35-0.18
0.560.27-0.20.050.640.63-1.00.82-0.010.590.53-0.030.390.280.24-0.280.530.050.420.490.26-0.1-0.140.30.67
0.730.5-0.040.120.820.99-0.580.6-0.090.590.430.140.80.670.29-0.350.340.090.410.290.680.170.150.670.92
0.850.790.540.590.830.41-0.550.650.370.530.430.440.75-0.050.57-0.48-0.040.60.88-0.090.7-0.20.590.80.26
0.640.380.60.920.50.150.040.190.88-0.030.140.440.57-0.290.82-0.33-0.080.920.77-0.10.59-0.210.590.55-0.06
0.920.80.540.60.920.77-0.40.470.340.390.80.750.570.280.58-0.53-0.030.590.78-0.090.89-0.010.540.960.59
0.190.26-0.4-0.270.320.65-0.30.28-0.350.280.67-0.05-0.290.28-0.10.280.52-0.3-0.110.50.070.24-0.370.230.77
0.770.390.460.880.650.31-0.240.540.80.240.290.570.820.58-0.1-0.090.10.870.860.080.53-0.070.50.520.15
-0.46-0.4-0.39-0.2-0.47-0.340.27-0.22-0.01-0.28-0.35-0.48-0.33-0.530.28-0.090.25-0.2-0.410.28-0.590.21-0.42-0.53-0.18
0.17-0.03-0.7-0.130.240.37-0.530.57-0.020.530.34-0.04-0.08-0.030.520.10.25-0.140.041.0-0.11-0.02-0.45-0.090.5
0.690.520.731.00.540.09-0.060.250.930.050.090.60.920.59-0.30.87-0.2-0.140.87-0.160.55-0.130.580.62-0.1
0.930.70.590.870.850.42-0.430.640.710.420.410.880.770.78-0.110.86-0.410.040.870.00.75-0.140.630.790.23
0.12-0.08-0.72-0.150.180.32-0.490.53-0.030.490.29-0.09-0.1-0.090.50.080.281.0-0.160.0-0.15-0.03-0.47-0.150.45
0.850.60.440.560.830.64-0.250.440.30.260.680.70.590.890.070.53-0.59-0.110.550.75-0.150.00.80.840.38
-0.04-0.03-0.12-0.09-0.010.190.10.01-0.02-0.10.17-0.2-0.21-0.010.24-0.070.21-0.02-0.13-0.14-0.030.0-0.11-0.030.24
0.540.350.580.580.450.110.170.160.38-0.140.150.590.590.54-0.370.5-0.42-0.450.580.63-0.470.8-0.110.55-0.19
0.880.920.630.620.870.63-0.320.40.350.30.670.80.550.960.230.52-0.53-0.090.620.79-0.150.84-0.030.550.46
0.550.37-0.25-0.070.680.95-0.670.61-0.180.670.920.26-0.060.590.770.15-0.180.5-0.10.230.450.380.24-0.190.46
Click cells to compare fundamentals

Deswell Industries Account Relationship Matchups

Deswell Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets95.4M107.9M115.5M110.4M111.1M112.3M
Other Current Liab8.5M9.1M10.6M9.9M8.4M5.6M
Total Current Liabilities14.3M21.2M24.0M20.2M16.4M16.1M
Total Stockholder Equity80.3M85.7M90.9M89.6M94.2M92.6M
Property Plant And Equipment Net28.6M27.3M27.0M26.1M24.6M39.2M
Net Debt(22.5M)(20.2M)(13.5M)(22.2M)(15.8M)(16.5M)
Retained Earnings16.7M22.1M27.2M26.0M30.5M27.2M
Accounts Payable4.6M9.5M9.8M6.9M5.2M5.7M
Cash22.5M20.2M13.5M22.2M15.8M18.2M
Non Current Assets Total30.0M27.7M27.6M29.2M27.8M40.3M
Cash And Short Term Investments42.7M46.8M43.9M47.0M57.9M36.6M
Net Receivables12.3M14.7M18.2M15.7M12.2M15.9M
Common Stock Shares Outstanding15.9M16.0M16.1M16.1M16.0M16.5M
Liabilities And Stockholders Equity95.4M107.9M115.5M110.4M111.1M112.3M
Non Current Liabilities Total659K751K957K484K476K452.2K
Inventory8.6M16.2M23.8M17.3M12.1M15.8M
Other Current Assets753K2.8M2.2M1.1M1.0M975.7K
Total Liab15.1M22.2M24.6M20.7M16.9M16.3M
Total Current Assets65.4M80.2M88.0M81.2M83.3M72.0M
Non Currrent Assets Other(30.2M)(30.0M)572K(29.0M)419K440.0K
Short Term Investments20.2M26.6M30.4M24.8M42.2M44.3M
Property Plant Equipment28.6M27.3M27.0M26.1M23.4M32.0M
Property Plant And Equipment Gross28.6M27.3M86.1M86.1M82.0M52.4M
Current Deferred Revenue1.2M1.7M2.3M2.2M1.7M1.6M
Net Tangible Assets80.3M85.7M90.9M89.6M103.1M92.2M
Other Liab659K751K957K484K435.6K591.3K
Net Invested Capital80.3M85.7M90.9M89.6M94.2M95.2M
Net Working Capital51.1M59.0M64.0M60.9M66.8M63.9M

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When determining whether Deswell Industries is a strong investment it is important to analyze Deswell Industries' 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 Deswell Industries' future performance. For an informed investment choice regarding Deswell Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deswell Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Deswell Stock please use our How to buy in Deswell Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Electronic Equipment, Instruments & Components 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 Deswell Industries. If investors know Deswell 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 Deswell Industries 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
0.592
Earnings Share
0.65
Revenue Per Share
4.353
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0219
The market value of Deswell Industries is measured differently than its book value, which is the value of Deswell that is recorded on the company's balance sheet. Investors also form their own opinion of Deswell Industries' value that differs from its market value or its book value, called intrinsic value, which is Deswell Industries' 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 Deswell Industries' market value can be influenced by many factors that don't directly affect Deswell Industries' 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 Deswell Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Deswell Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deswell Industries' 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.