Delta Total Stockholder Equity vs Common Stock Analysis

DELTAMAGNT   99.75  4.88  5.14%   
Delta Manufacturing financial indicator trend analysis is much more than just examining Delta Manufacturing latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Delta Manufacturing is a good investment. Please check the relationship between Delta Manufacturing Total Stockholder Equity and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta Manufacturing Limited. 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.

Total Stockholder Equity vs Common Stock

Total Stockholder Equity vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Delta Manufacturing Total Stockholder Equity account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Delta Manufacturing's Total Stockholder Equity and Common Stock is 0.64. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock in the same time period over historical financial statements of Delta Manufacturing Limited, assuming nothing else is changed. The correlation between historical values of Delta Manufacturing's Total Stockholder Equity and Common Stock 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 Delta Manufacturing Limited are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Stockholder Equity i.e., Delta Manufacturing's Total Stockholder Equity and Common Stock go up and down completely randomly.

Correlation Coefficient

0.64
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.

Common Stock

Most indicators from Delta Manufacturing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Delta Manufacturing 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 Delta Manufacturing Limited. 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.
As of November 26, 2024, Selling General Administrative is expected to decline to about 8.9 M. The current year's Tax Provision is expected to grow to about (277.4 K)
 2021 2022 2023 2024 (projected)
Interest Expense40.6M37.9M46.6M26.8M
Depreciation And Amortization42.2M48.5M44.9M30.3M

Delta Manufacturing fundamental ratios Correlations

0.950.340.950.730.970.89-0.20.960.390.980.580.950.830.110.970.81-0.270.970.990.79-0.380.92-0.220.310.44
0.950.470.960.50.940.98-0.240.970.250.940.380.960.740.190.910.85-0.340.990.930.66-0.390.94-0.350.470.3
0.340.470.44-0.080.350.48-0.10.410.010.340.050.470.320.030.270.12-0.450.450.330.11-0.010.47-0.620.260.0
0.950.960.440.520.910.94-0.350.990.230.90.450.970.87-0.080.940.82-0.380.980.960.81-0.350.99-0.260.330.43
0.730.5-0.080.520.680.370.110.560.640.710.810.590.580.050.690.420.020.530.730.64-0.30.50.060.00.44
0.970.940.350.910.680.9-0.250.930.31.00.510.890.80.260.940.77-0.250.950.930.76-0.360.88-0.250.230.49
0.890.980.480.940.370.9-0.350.950.030.890.190.920.720.180.890.85-0.330.970.860.64-0.430.92-0.40.450.3
-0.2-0.24-0.1-0.350.11-0.25-0.35-0.370.57-0.220.21-0.22-0.510.28-0.34-0.150.07-0.29-0.18-0.510.02-0.390.00.44-0.64
0.960.970.410.990.560.930.95-0.370.220.930.440.970.870.00.960.81-0.370.990.960.82-0.370.97-0.260.310.45
0.390.250.010.230.640.30.030.570.220.320.880.30.190.050.220.15-0.080.240.430.190.10.20.180.24-0.05
0.980.940.340.90.711.00.89-0.220.930.320.510.890.790.270.940.78-0.230.950.930.75-0.350.87-0.220.260.46
0.580.380.050.450.810.510.190.210.440.880.510.460.53-0.130.460.24-0.140.420.620.550.020.430.18-0.060.42
0.950.960.470.970.590.890.92-0.220.970.30.890.460.8-0.020.930.81-0.350.960.970.73-0.450.97-0.360.430.32
0.830.740.320.870.580.80.72-0.510.870.190.790.530.8-0.310.870.53-0.330.810.830.97-0.270.87-0.16-0.10.7
0.110.190.03-0.080.050.260.180.280.00.050.27-0.13-0.02-0.310.010.190.130.12-0.01-0.33-0.06-0.15-0.150.27-0.25
0.970.910.270.940.690.940.89-0.340.960.220.940.460.930.870.010.79-0.220.940.950.85-0.430.92-0.190.250.49
0.810.850.120.820.420.770.85-0.150.810.150.780.240.810.530.190.79-0.260.850.820.53-0.460.77-0.170.560.17
-0.27-0.34-0.45-0.380.02-0.25-0.330.07-0.37-0.08-0.23-0.14-0.35-0.330.13-0.22-0.26-0.35-0.3-0.240.02-0.370.26-0.14-0.11
0.970.990.450.980.530.950.97-0.290.990.240.950.420.960.810.120.940.85-0.350.950.74-0.360.96-0.290.390.38
0.990.930.330.960.730.930.86-0.180.960.430.930.620.970.83-0.010.950.82-0.30.950.8-0.40.94-0.210.350.41
0.790.660.110.810.640.760.64-0.510.820.190.750.550.730.97-0.330.850.53-0.240.740.8-0.290.81-0.02-0.160.74
-0.38-0.39-0.01-0.35-0.3-0.36-0.430.02-0.370.1-0.350.02-0.45-0.27-0.06-0.43-0.460.02-0.36-0.4-0.29-0.360.71-0.38-0.1
0.920.940.470.990.50.880.92-0.390.970.20.870.430.970.87-0.150.920.77-0.370.960.940.81-0.36-0.30.290.45
-0.22-0.35-0.62-0.260.06-0.25-0.40.0-0.260.18-0.220.18-0.36-0.16-0.15-0.19-0.170.26-0.29-0.21-0.020.71-0.3-0.380.08
0.310.470.260.330.00.230.450.440.310.240.26-0.060.43-0.10.270.250.56-0.140.390.35-0.16-0.380.29-0.38-0.63
0.440.30.00.430.440.490.3-0.640.45-0.050.460.420.320.7-0.250.490.17-0.110.380.410.74-0.10.450.08-0.63
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Delta Manufacturing Account Relationship Matchups

Delta Manufacturing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.4B1.3B1.1B951.6M840.6M
Short Long Term Debt Total645.5M665.5M473.9M401.9M398.6M343.0M
Other Current Liab95.6M117.5M91.6M94.7M95.4M84.8M
Total Current Liabilities791.9M899.6M653.2M573.1M592.8M382.1M
Total Stockholder Equity427.4M367.9M552.2M375.4M268.6M318.5M
Property Plant And Equipment Net599.2M560.4M521.9M498.2M474.8M402.1M
Net Debt620.0M630.9M298.7M396.6M394.7M305.8M
Retained Earnings(71.5M)(131.1M)53.2M(123.6M)(233.8M)(222.1M)
Accounts Payable179.0M194.4M141.9M133.9M135.1M100.1M
Cash25.5M34.6M175.2M5.3M3.8M3.6M
Non Current Assets Total660.2M647.8M588.4M552.8M506.7M447.5M
Cash And Short Term Investments55.6M46.0M207.7M71.0M51.8M50.0M
Net Receivables336.9M345.3M273.0M210.8M191.0M178.9M
Liabilities And Stockholders Equity1.4B1.4B1.3B1.1B951.6M840.6M
Non Current Liabilities Total150.5M98.0M91.5M104.9M90.1M139.9M
Inventory223.7M234.5M175.0M180.4M160.5M123.1M
Other Current Assets97.3M92.0M52.8M44.0M41.6M43.5M
Total Liab942.4M997.7M744.8M678.0M683.0M522.0M
Total Current Assets709.6M717.8M708.5M500.6M444.8M393.0M
Accumulated Other Comprehensive Income(650.7M)(669.7M)(851.8M)283.3M286.8M301.1M
Non Currrent Assets Other(636.9M)22.0M35.6M2.0M31.7M33.3M
Short Term Debt513.2M580.5M397.9M344.0M360.8M260.7M
Current Deferred Revenue(513.2M)122.6M113.5M83.9M1.6M1.7M
Short Term Investments30.1M11.4M32.5M65.7M48.0M50.4M
Intangible Assets2.3M1.4M338.5K165K148.5K141.1K
Other Liab18.2M13.0M15.5M47.0M54.1M56.8M
Net Tangible Assets387.9M329.3M530.9M375.2M431.5M379.7M
Other Assets23.3M48.6M59.7M2.0M2.3M2.2M
Long Term Debt115.2M73.3M72.6M56.7M35.0M33.3M
Short Long Term Debt508.6M466.5M395.9M343.8M360.2M316.9M
Property Plant Equipment597.4M559.1M486.8M498.2M572.9M513.0M
Long Term Debt Total115.2M73.3M76.0M57.8M52.1M99.8M
Cash And Equivalents25.5M34.6M175.2M5.3M6.1M5.7M
Net Invested Capital1.1B907.7M1.0B775.9M663.9M670.5M
Net Working Capital(82.2M)(181.9M)55.3M(72.6M)(148.0M)(140.6M)

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Other Information on Investing in Delta Stock

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