Black Accounts Payable vs Other Stockholder Equity Analysis

BDI Stock  CAD 11.71  0.34  2.99%   
Black Diamond financial indicator trend analysis is way more than just evaluating Black Diamond Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Black Diamond Group is a good investment. Please check the relationship between Black Diamond Accounts Payable and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Diamond Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Accounts Payable vs Other Stockholder Equity

Accounts Payable vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Black Diamond Group Accounts Payable account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Black Diamond's Accounts Payable and Other Stockholder Equity is -0.25. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Black Diamond Group, assuming nothing else is changed. The correlation between historical values of Black Diamond's Accounts Payable and Other 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 Accounts Payable of Black Diamond Group are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Accounts Payable i.e., Black Diamond's Accounts Payable and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Black Diamond 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 Black Diamond Group 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.

Other Stockholder Equity

Most indicators from Black Diamond's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Black Diamond Group 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Diamond Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
At this time, Black Diamond's Tax Provision is very stable compared to the past year. As of the 22nd of August 2025, Enterprise Value Over EBITDA is likely to grow to 8.84, while Selling General Administrative is likely to drop about 42.3 M.
 2022 2023 2024 2025 (projected)
Interest Expense7.7M13.8M14.8M15.5M
Depreciation And Amortization35.2M44.2M50.8M36.9M

Black Diamond fundamental ratios Correlations

0.850.90.830.870.980.820.110.310.460.990.460.780.150.570.920.47-0.360.920.670.80.180.240.090.560.13
0.850.790.890.50.820.99-0.240.370.30.840.30.67-0.210.730.980.49-0.370.980.740.710.480.43-0.110.660.46
0.90.790.880.760.850.760.090.230.390.860.390.860.040.580.830.6-0.340.850.670.850.230.28-0.130.480.09
0.830.890.880.510.810.9-0.290.370.120.820.120.66-0.280.80.890.71-0.390.930.820.670.380.46-0.180.760.33
0.870.50.760.510.850.440.470.150.570.850.570.730.520.210.620.27-0.230.610.380.73-0.13-0.050.230.23-0.17
0.980.820.850.810.850.80.020.370.341.00.340.660.090.60.910.46-0.420.910.650.680.080.190.230.560.13
0.820.990.760.90.440.8-0.340.390.160.810.160.6-0.30.770.960.53-0.430.960.770.620.480.46-0.090.70.52
0.11-0.240.09-0.290.470.02-0.34-0.460.570.050.570.30.96-0.73-0.17-0.320.27-0.2-0.270.29-0.15-0.220.13-0.42-0.5
0.310.370.230.370.150.370.39-0.460.040.330.040.17-0.440.550.380.08-0.250.380.180.17-0.37-0.160.140.250.23
0.460.30.390.120.570.340.160.570.040.361.00.660.55-0.10.33-0.20.310.290.080.750.11-0.07-0.19-0.05-0.21
0.990.840.860.820.851.00.810.050.330.360.360.680.120.580.920.47-0.40.920.670.70.130.230.20.580.14
0.460.30.390.120.570.340.160.570.041.00.360.660.55-0.10.33-0.20.310.290.080.750.11-0.07-0.19-0.05-0.21
0.780.670.860.660.730.660.60.30.170.660.680.660.230.340.660.36-0.20.670.470.980.250.15-0.380.260.1
0.15-0.210.04-0.280.520.09-0.30.96-0.440.550.120.550.23-0.69-0.12-0.340.23-0.16-0.250.24-0.17-0.220.25-0.34-0.46
0.570.730.580.80.210.60.77-0.730.55-0.10.58-0.10.34-0.690.710.64-0.370.740.650.360.240.31-0.150.670.47
0.920.980.830.890.620.910.96-0.170.380.330.920.330.66-0.120.710.49-0.371.00.760.710.380.420.010.680.35
0.470.490.60.710.270.460.53-0.320.08-0.20.47-0.20.36-0.340.640.49-0.110.540.590.360.30.34-0.120.560.2
-0.36-0.37-0.34-0.39-0.23-0.42-0.430.27-0.250.31-0.40.31-0.20.23-0.37-0.37-0.11-0.38-0.24-0.080.08-0.02-0.18-0.18-0.15
0.920.980.850.930.610.910.96-0.20.380.290.920.290.67-0.160.741.00.54-0.380.790.710.390.43-0.030.710.35
0.670.740.670.820.380.650.77-0.270.180.080.670.080.47-0.250.650.760.59-0.240.790.510.520.74-0.180.920.26
0.80.710.850.670.730.680.620.290.170.750.70.750.980.240.360.710.36-0.080.710.510.320.21-0.360.320.07
0.180.480.230.38-0.130.080.48-0.15-0.370.110.130.110.25-0.170.240.380.30.080.390.520.320.77-0.560.520.47
0.240.430.280.46-0.050.190.46-0.22-0.16-0.070.23-0.070.15-0.220.310.420.34-0.020.430.740.210.77-0.340.710.38
0.09-0.11-0.13-0.180.230.23-0.090.130.14-0.190.2-0.19-0.380.25-0.150.01-0.12-0.18-0.03-0.18-0.36-0.56-0.34-0.18-0.27
0.560.660.480.760.230.560.7-0.420.25-0.050.58-0.050.26-0.340.670.680.56-0.180.710.920.320.520.71-0.180.32
0.130.460.090.33-0.170.130.52-0.50.23-0.210.14-0.210.1-0.460.470.350.2-0.150.350.260.070.470.38-0.270.32
Click cells to compare fundamentals

Black Diamond Account Relationship Matchups

Black Diamond fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets511.9M530.3M649.4M647.6M748.6M511.5M
Short Long Term Debt Total198.6M179.7M249.1M211.7M243.5M134.6M
Other Current Liab18.6M29.6M29.5M36.2M41.6M20.8M
Total Current Liabilities50.8M66.3M69.2M77.5M83.4M47.3M
Total Stockholder Equity212.7M234.5M268.5M290.1M323.2M269.4M
Property Plant And Equipment Net410.9M406.3M492.7M508.3M578.7M395.9M
Net Debt194.9M175.1M240.8M205.2M222.4M133.5M
Retained Earnings(198.0M)(179.1M)(156.5M)(131.6M)(113.6M)(107.9M)
Accounts Payable13.7M11.2M9.9M8.9M10.5M12.7M
Cash3.7M4.6M8.3M6.5M13.3M7.6M
Non Current Assets Total454.4M454.4M550.1M562.6M640.0M444.4M
Cash And Short Term Investments3.7M4.6M8.3M6.5M13.3M7.6M
Net Receivables46.1M58.2M72.2M62.6M71.8M50.8M
Good Will9.8M9.8M17.1M16.9M17.3M19.6M
Common Stock Shares Outstanding55.2M59.2M60.4M61.8M61.1M47.4M
Liabilities And Stockholders Equity511.9M530.3M649.4M647.6M748.6M510.9M
Non Current Liabilities Total234.5M217.3M307.7M276.1M338.1M190.8M
Other Current Assets7.4M13.1M14.3M11.5M13.2M7.2M
Other Stockholder Equity18.6M19.4M20.2M22.3M28.5M45.0M
Total Liab285.2M283.5M376.9M353.7M421.5M238.1M
Property Plant And Equipment Gross410.9M850.5M926.3M949.5M1.0B1.1B
Total Current Assets57.5M76.0M99.4M85.0M108.6M67.2M
Accumulated Other Comprehensive Income10.2M9.7M19.2M13.7M15.8M16.6M
Intangible Assets13.1M11.0M15.7M15.1M14.0M12.1M
Short Term Debt0.05.2M4.6M6.3M6.7M8.1M
Current Deferred Revenue13.8M19.1M23.0M24.4M28.1M29.5M
Non Currrent Assets Other20.6M2.6M17.6M16.8M4.2M8.3M
Common Stock381.9M384.5M385.7M385.6M384.9M395.6M
Other Liab41.8M40.5M43.9M65.4M58.8M45.9M
Net Tangible Assets195.7M189.7M213.6M235.8M212.2M198.6M
Other Assets389.0M392.8M9.1M8.1M9.8M9.3M
Long Term Debt175.7M155.6M226.9M190.4M235.7M178.1M
Property Plant Equipment42.5M40.8M508.3M522.5M598.9M628.8M
Long Term Debt Total194.0M173.4M242.3M203.6M253.1M182.9M
Capital Surpluse18.6M19.4M20.2M22.3M23.4M19.6M

Pair Trading with Black Diamond

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 Black Diamond 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 Black Diamond will appreciate offsetting losses from the drop in the long position's value.

Moving together with Black Stock

  0.82JPM JPMorgan ChasePairCorr
  0.61BOFA Bank of AmericaPairCorr
  0.94CITI CITIGROUP CDRPairCorr
  0.77RY Royal Bank Earnings Call This WeekPairCorr
  0.72TD Toronto Dominion Bank Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Black Diamond could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Black Diamond 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 Black Diamond - 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 Black Diamond Group to buy it.
The correlation of Black Diamond 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 Black Diamond moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Black Diamond Group 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 Black Diamond 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 Black Stock

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