Diamond Total Stockholder Equity vs Other Assets Analysis

DHIL Stock  USD 169.65  0.01  0.01%   
Diamond Hill financial indicator trend analysis is much more than just examining Diamond Hill Investment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diamond Hill Investment is a good investment. Please check the relationship between Diamond Hill Total Stockholder Equity and its Other Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Hill Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Total Stockholder Equity vs Other Assets

Total Stockholder Equity vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diamond Hill Investment Total Stockholder Equity account and Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Diamond Hill's Total Stockholder Equity and Other Assets is -0.32. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Assets in the same time period over historical financial statements of Diamond Hill Investment, assuming nothing else is changed. The correlation between historical values of Diamond Hill's Total Stockholder Equity and Other Assets 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 Diamond Hill Investment are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Stockholder Equity i.e., Diamond Hill's Total Stockholder Equity and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Other Assets

Most indicators from Diamond Hill's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diamond Hill Investment 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 Diamond Hill Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Diamond Hill's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.11 this year, although the value of Selling General Administrative will most likely fall to about 12.7 M.
 2021 2022 2023 2024 (projected)
Operating Income76.3M64.3M35.5M26.3M
Other Operating Expenses105.9M90.2M101.2M106.3M

Diamond Hill fundamental ratios Correlations

0.840.890.930.8-0.910.870.230.880.820.570.750.570.50.81-0.230.930.680.59-0.38-0.50.380.62-0.21-0.020.85
0.840.970.850.7-0.760.74-0.060.730.710.420.780.510.60.65-0.090.790.730.48-0.55-0.580.540.79-0.24-0.270.76
0.890.970.850.72-0.830.70.070.80.680.540.840.660.680.69-0.120.850.630.61-0.56-0.420.560.69-0.15-0.270.76
0.930.850.850.8-0.840.890.080.80.690.560.690.460.420.9-0.060.770.790.64-0.41-0.650.410.62-0.32-0.20.88
0.80.70.720.8-0.930.620.130.940.540.670.770.560.560.68-0.330.630.480.65-0.32-0.420.320.570.190.070.95
-0.91-0.76-0.83-0.84-0.93-0.68-0.26-0.99-0.63-0.72-0.81-0.69-0.63-0.720.35-0.79-0.45-0.710.340.33-0.34-0.58-0.09-0.06-0.9
0.870.740.70.890.62-0.68-0.010.630.870.30.470.140.130.75-0.190.760.880.3-0.35-0.750.340.62-0.560.060.76
0.23-0.060.070.080.13-0.26-0.010.260.070.290.330.460.460.15-0.080.33-0.130.30.670.25-0.670.020.190.120.07
0.880.730.80.80.94-0.990.630.260.60.730.820.690.640.69-0.370.760.40.7-0.33-0.290.330.590.170.090.9
0.820.710.680.690.54-0.630.870.070.60.050.450.130.170.46-0.210.870.760.03-0.26-0.680.250.66-0.380.130.64
0.570.420.540.560.67-0.720.30.290.730.050.670.780.630.7-0.460.340.060.93-0.30.20.30.180.230.130.6
0.750.780.840.690.77-0.810.470.330.820.450.670.80.880.59-0.280.690.380.68-0.26-0.170.260.660.05-0.10.79
0.570.510.660.460.56-0.690.140.460.690.130.780.80.880.46-0.190.55-0.060.81-0.250.280.250.210.26-0.180.49
0.50.60.680.420.56-0.630.130.460.640.170.630.880.880.36-0.230.490.060.65-0.10.120.10.470.23-0.170.49
0.810.650.690.90.68-0.720.750.150.690.460.70.590.460.36-0.090.590.610.76-0.33-0.440.330.43-0.25-0.130.74
-0.23-0.09-0.12-0.06-0.330.35-0.19-0.08-0.37-0.21-0.46-0.28-0.19-0.23-0.09-0.10.02-0.110.05-0.21-0.05-0.21-0.11-0.87-0.3
0.930.790.850.770.63-0.790.760.330.760.870.340.690.550.490.59-0.10.580.39-0.29-0.430.290.59-0.2-0.10.68
0.680.730.630.790.48-0.450.88-0.130.40.760.060.38-0.060.060.610.020.580.12-0.27-0.890.270.64-0.59-0.130.63
0.590.480.610.640.65-0.710.30.30.70.030.930.680.810.650.76-0.110.390.12-0.320.090.320.170.18-0.220.59
-0.38-0.55-0.56-0.41-0.320.34-0.350.67-0.33-0.26-0.3-0.26-0.25-0.1-0.330.05-0.29-0.27-0.320.16-1.0-0.160.110.26-0.35
-0.5-0.58-0.42-0.65-0.420.33-0.750.25-0.29-0.680.2-0.170.280.12-0.44-0.21-0.43-0.890.090.16-0.16-0.640.490.2-0.54
0.380.540.560.410.32-0.340.34-0.670.330.250.30.260.250.10.33-0.050.290.270.32-1.0-0.160.16-0.1-0.260.35
0.620.790.690.620.57-0.580.620.020.590.660.180.660.210.470.43-0.210.590.640.17-0.16-0.640.16-0.23-0.010.66
-0.21-0.24-0.15-0.320.19-0.09-0.560.190.17-0.380.230.050.260.23-0.25-0.11-0.2-0.590.180.110.49-0.1-0.230.12-0.08
-0.02-0.27-0.27-0.20.07-0.060.060.120.090.130.13-0.1-0.18-0.17-0.13-0.87-0.1-0.13-0.220.260.2-0.26-0.010.120.05
0.850.760.760.880.95-0.90.760.070.90.640.60.790.490.490.74-0.30.680.630.59-0.35-0.540.350.66-0.080.05
Click cells to compare fundamentals

Diamond Hill Account Relationship Matchups

Diamond Hill fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets272.7M263.1M286.2M249.8M232.1M243.7M
Other Current Liab26.6M28.4M38.0M32.1M30.1M28.6M
Total Current Liabilities35.3M33.9M44.6M39.9M35.5M33.8M
Total Stockholder Equity130.2M184.1M184.4M163.7M160.3M168.3M
Property Plant And Equipment Net5.7M6.7M6.1M4.3M2.6M2.0M
Net Debt(90.1M)(96.0M)(78.6M)(61.8M)(46.8M)(44.5M)
Retained Earnings117.3M118.0M119.3M129.0M153.5M161.2M
Accounts Payable8.7M5.5M5.8M7.8M5.4M5.5M
Cash93.2M98.5M80.6M63.2M47.0M31.3M
Non Current Assets Total155.6M143.6M182.6M164.4M161.9M170.0M
Cash And Short Term Investments187.2M98.5M80.6M63.2M47.0M48.7M
Net Receivables21.1M17.8M20.4M17.3M19.7M10.3M
Common Stock Total Equity95.9M80.8M80.4M51.7M59.4M56.8M
Common Stock Shares Outstanding3.4M3.2M3.2M3.1M2.9M2.8M
Liabilities And Stockholders Equity210.0M263.1M286.2M249.8M232.1M243.7M
Non Current Liabilities Total30.3M35.7M39.3M32.1M36.2M34.4M
Other Current Assets(114.2M)3.2M2.6M4.9M3.5M3.3M
Total Liab65.6M69.6M84.0M72.0M71.8M68.2M
Property Plant And Equipment Gross5.7M6.7M13.6M13.2M12.8M13.4M
Total Current Assets117.1M119.5M103.5M85.4M70.2M66.7M
Common Stock95.9M80.8M80.4M51.7M22.2M21.1M
Non Currrent Assets Other2.9M(263.1M)(286.2M)(249.8M)(232.1M)(243.7M)
Other Stockholder Equity(83.0M)(118.0M)(119.3M)(129.0M)(153.5M)(161.2M)
Other Liab30.3M33.2M37.3M30.7M35.4M21.7M
Other Assets10.4M140.1M286.2M3.4M(67.4B)(64.0B)
Accumulated Other Comprehensive Income(20.3M)(14.7M)(15.3M)(17.0M)(15.4M)(14.6M)
Property Plant Equipment5.7M6.7M6.1M4.3M5.0M2.7M
Net Tangible Assets207.0M193.5M202.2M177.8M204.5M151.1M
Retained Earnings Total Equity117.3M118.0M119.3M129.0M148.3M155.8M
Deferred Long Term Liab30.3M33.2M37.3M30.7M35.4M18.0M
Long Term Investments139.4M128.4M166.7M145.7M147.7M111.6M
Warrants14.2M9.4M17.8M14.1M12.7M17.4M
Net Invested Capital192.9M184.1M184.4M163.7M160.3M143.2M
Net Working Capital81.8M83.1M56.9M44.1M34.5M48.8M
Capital Stock95.9M80.8M80.4M51.7M22.2M21.1M

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When determining whether Diamond Hill Investment is a strong investment it is important to analyze Diamond Hill's 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 Diamond Hill's future performance. For an informed investment choice regarding Diamond Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Hill Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Asset Management & Custody Banks 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 Diamond Hill. If investors know Diamond 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 Diamond Hill 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
1.431
Dividend Share
6
Earnings Share
17.61
Revenue Per Share
52.138
Quarterly Revenue Growth
0.097
The market value of Diamond Hill Investment is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Hill's value that differs from its market value or its book value, called intrinsic value, which is Diamond Hill's 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 Diamond Hill's market value can be influenced by many factors that don't directly affect Diamond Hill's 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 Diamond Hill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamond Hill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Hill's 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.