Darling Total Current Assets vs Short Long Term Debt Analysis

DAR Stock  USD 40.12  1.04  2.53%   
Darling Ingredients financial indicator trend analysis is much more than just examining Darling Ingredients latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Darling Ingredients is a good investment. Please check the relationship between Darling Ingredients Total Current Assets and its Short Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Darling Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Darling Stock, please use our How to Invest in Darling Ingredients guide.

Total Current Assets vs Short Long Term Debt

Total Current Assets vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Darling Ingredients Total Current Assets account and Short Long Term Debt. At this time, the significance of the direction appears to have no relationship.
The correlation between Darling Ingredients' Total Current Assets and Short Long Term Debt is 0.07. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Darling Ingredients, assuming nothing else is changed. The correlation between historical values of Darling Ingredients' Total Current Assets and Short Long 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 Total Current Assets of Darling Ingredients are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Total Current Assets i.e., Darling Ingredients' Total Current Assets and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from Darling Ingredients' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Darling Ingredients 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 Darling Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Darling Stock, please use our How to Invest in Darling Ingredients guide.As of 11/22/2024, Selling General Administrative is likely to grow to about 569.7 M, while Tax Provision is likely to drop slightly above 55.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.5B1.6B1.7B
Total Revenue4.7B6.5B6.8B7.1B

Darling Ingredients fundamental ratios Correlations

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0.980.950.910.980.960.950.930.97-0.190.990.89-0.190.990.50.950.990.840.320.970.920.920.830.790.980.5
0.970.990.850.920.90.950.910.92-0.240.980.96-0.240.980.330.990.980.820.130.990.960.890.770.860.970.34
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0.950.910.90.990.940.970.920.95-0.250.960.86-0.250.960.440.910.970.90.210.940.860.880.810.70.930.43
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0.420.330.430.50.460.50.330.260.44-0.010.410.18-0.010.450.350.450.180.870.380.230.440.320.480.470.95
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0.250.170.250.30.290.320.130.040.210.30.23-0.010.30.260.870.190.250.00.210.060.370.190.390.310.87
0.991.00.870.940.940.970.990.920.94-0.130.990.95-0.130.990.381.00.980.850.210.950.950.780.880.990.41
0.950.960.810.860.920.920.960.930.86-0.150.950.98-0.150.940.230.950.920.820.060.950.880.740.80.940.29
0.960.940.840.890.950.920.890.890.880.170.950.890.170.930.440.940.920.850.370.950.880.740.880.950.55
0.80.760.840.850.80.830.770.80.81-0.160.810.7-0.160.780.320.760.80.740.190.780.740.740.540.760.33
0.850.890.670.720.770.790.860.670.70.090.830.820.090.850.480.890.820.60.390.880.80.880.540.90.54
0.990.980.860.940.950.980.970.910.93-0.10.990.93-0.10.990.470.990.980.820.310.990.940.950.760.90.5
0.470.380.450.490.530.50.340.330.430.260.450.250.260.460.950.390.450.280.870.410.290.550.330.540.5
Click cells to compare fundamentals

Darling Ingredients Account Relationship Matchups

Darling Ingredients fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.3B5.6B6.1B9.2B11.1B11.6B
Short Long Term Debt Total1.8B1.7B1.6B3.6B4.6B4.9B
Other Current Liab302.0M296.0M350.7M432.0M441.0M463.0M
Total Current Liabilities688.3M675.3M752.7M1.1B998.1M1.0B
Total Stockholder Equity2.6B2.9B3.3B3.8B4.6B4.8B
Property Plant And Equipment Net1.9B2.0B2.0B2.6B3.1B3.3B
Net Debt1.7B1.6B1.6B3.4B4.5B4.7B
Retained Earnings1.4B1.7B2.3B3.1B3.7B3.9B
Accounts Payable239.3M255.3M307.1M472.5M425.6M446.9M
Cash72.9M81.6M68.9M127.0M126.8M88.5M
Non Current Assets Total4.4B4.6B5.0B7.6B9.2B9.7B
Non Currrent Assets Other47.4M60.7M66.8M136.3M235.0M246.7M
Cash And Short Term Investments72.9M81.6M68.9M127.0M126.8M88.5M
Net Receivables409.7M409.3M470.2M676.6M821.9M863.0M
Common Stock Shares Outstanding168.4M167.2M167.1M164.1M162.4M101.8M
Liabilities And Stockholders Equity5.3B5.6B6.1B9.2B11.1B11.6B
Non Current Liabilities Total2.0B2.0B2.0B4.2B5.4B5.6B
Inventory363.0M405.9M457.5M673.6M758.7M796.7M
Other Current Assets25.0M90.2M92.5M160.9M148.2M155.7M
Other Stockholder Equity1.5B1.4B1.3B1.1B1.1B672.2M
Total Liab2.7B2.7B2.8B5.3B6.4B6.7B
Property Plant And Equipment Gross1.9B2.0B1.8B2.6B5.5B5.8B
Total Current Assets917.3M987.0M1.1B1.6B1.9B1.9B
Accumulated Other Comprehensive Income(321.8M)(252.4M)(321.7M)(383.9M)(198.3M)(188.4M)
Short Term Debt128.8M106.5M62.6M119.1M116.0M121.8M
Intangible Assets526.4M473.7M397.8M865.1M1.1B1.1B
Good Will1.2B1.3B1.2B2.0B2.5B2.6B
Common Stock Total Equity1.7M1.7M1.7M1.7M2.0M1.1M
Common Stock1.7M1.7M1.7M1.7M1.7M1.1M
Other Liab363.7M393.6M474.0M780.8M897.9M942.8M
Other Assets61.8M77.4M83.0M154.2M177.3M186.1M
Property Plant Equipment1.8B1.9B2.0B2.6B3.0B3.2B
Current Deferred Revenue18.3M14.4M15.9M284.6M327.3M343.7M
Treasury Stock(47.8M)(75.0M)(151.7M)(374.7M)(337.2M)(320.4M)
Long Term Debt1.6B1.5B1.4B3.3B4.4B4.6B
Net Tangible Assets816.1M2.9B3.3B973.5M1.1B779.8M
Noncontrolling Interest In Consolidated Entity62.8M77.5M62.3M66.8M76.8M60.3M
Retained Earnings Total Equity1.1B1.4B1.7B2.3B2.7B2.8B

Pair Trading with Darling Ingredients

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 Darling Ingredients 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 Darling Ingredients will appreciate offsetting losses from the drop in the long position's value.

Moving together with Darling Stock

  0.63MO Altria GroupPairCorr

Moving against Darling Stock

  0.79BUD Anheuser Busch InbevPairCorr
  0.78GIS General MillsPairCorr
  0.67FLO Flowers FoodsPairCorr
  0.65BGS BG FoodsPairCorr
  0.59CAG ConAgra FoodsPairCorr
The ability to find closely correlated positions to Darling Ingredients could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Darling Ingredients 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 Darling Ingredients - 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 Darling Ingredients to buy it.
The correlation of Darling Ingredients 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 Darling Ingredients moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Darling Ingredients 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 Darling Ingredients 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

Additional Tools for Darling Stock Analysis

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