Daily Deferred Long Term Liab vs Long Term Debt Analysis

DJCO Stock  USD 577.48  3.49  0.60%   
Daily Journal financial indicator trend analysis is much more than just examining Daily Journal Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Daily Journal Corp is a good investment. Please check the relationship between Daily Journal Deferred Long Term Liab and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Daily Journal Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Deferred Long Term Liab vs Long Term Debt

Deferred Long Term Liab vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Daily Journal Corp Deferred Long Term Liab account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Daily Journal's Deferred Long Term Liab and Long Term Debt is -0.01. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Daily Journal Corp, assuming nothing else is changed. The correlation between historical values of Daily Journal's Deferred Long Term Liab and 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 Deferred Long Term Liab of Daily Journal Corp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Deferred Long Term Liab i.e., Daily Journal's Deferred Long Term Liab and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Long Term Debt

Long-term debt is a debt that Daily Journal Corp has held for over one year. Long-term debt appears on Daily Journal Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Daily Journal Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Daily Journal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Daily Journal Corp 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 Daily Journal Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Daily Journal's Tax Provision is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Over EBITDA is likely to grow to 49.02, while Selling General Administrative is likely to drop about 4.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit11.7M16.0M14.4M14.9M
Total Revenue54.0M67.7M77.9M81.8M

Daily Journal fundamental ratios Correlations

0.270.210.990.630.810.860.71-0.01-0.610.990.81-0.770.9-0.50.70.180.980.840.99-0.280.850.76-0.430.990.18
0.270.950.210.50.16-0.120.060.720.270.190.11-0.46-0.1-0.47-0.1-0.150.350.20.180.520.120.130.240.19-0.16
0.210.950.160.510.04-0.180.00.740.30.120.0-0.41-0.18-0.53-0.08-0.070.260.070.110.590.010.20.30.12-0.12
0.990.210.160.630.740.870.65-0.03-0.60.990.75-0.760.89-0.530.710.170.940.780.98-0.30.780.72-0.410.990.17
0.630.50.510.630.320.350.340.49-0.020.570.28-0.870.39-0.930.28-0.010.590.50.560.040.360.41-0.160.570.21
0.810.160.040.740.320.730.57-0.3-0.720.830.92-0.520.86-0.150.570.160.870.940.84-0.40.970.71-0.480.830.14
0.86-0.12-0.180.870.350.730.7-0.43-0.840.90.82-0.550.92-0.270.820.160.820.760.91-0.470.80.73-0.470.90.14
0.710.060.00.650.340.570.7-0.1-0.420.70.71-0.550.76-0.280.730.220.750.680.71-0.160.730.72-0.30.660.11
-0.010.720.74-0.030.49-0.3-0.43-0.10.61-0.12-0.37-0.3-0.34-0.52-0.37-0.190.01-0.23-0.140.6-0.31-0.20.33-0.12-0.04
-0.610.270.3-0.6-0.02-0.72-0.84-0.420.61-0.67-0.770.27-0.76-0.02-0.56-0.11-0.61-0.65-0.680.43-0.72-0.670.36-0.68-0.03
0.990.190.120.990.570.830.90.7-0.12-0.670.83-0.730.93-0.440.730.20.970.851.0-0.360.870.77-0.471.00.2
0.810.110.00.750.280.920.820.71-0.37-0.770.83-0.60.86-0.190.660.090.860.940.85-0.240.970.78-0.280.82-0.08
-0.77-0.46-0.41-0.76-0.87-0.52-0.55-0.55-0.30.27-0.73-0.6-0.570.85-0.370.09-0.75-0.72-0.73-0.12-0.61-0.57-0.01-0.720.1
0.9-0.1-0.180.890.390.860.920.76-0.34-0.760.930.86-0.57-0.240.770.240.90.860.94-0.540.90.77-0.590.920.29
-0.5-0.47-0.53-0.53-0.93-0.15-0.27-0.28-0.52-0.02-0.44-0.190.85-0.24-0.250.08-0.45-0.35-0.43-0.27-0.22-0.39-0.13-0.440.01
0.7-0.1-0.080.710.280.570.820.73-0.37-0.560.730.66-0.370.77-0.250.210.680.590.74-0.410.660.71-0.470.720.21
0.18-0.15-0.070.17-0.010.160.160.22-0.19-0.110.20.090.090.240.080.210.180.10.2-0.210.210.28-0.430.20.48
0.980.350.260.940.590.870.820.750.01-0.610.970.86-0.750.9-0.450.680.180.890.97-0.250.90.79-0.430.960.19
0.840.20.070.780.50.940.760.68-0.23-0.650.850.94-0.720.86-0.350.590.10.890.86-0.310.970.73-0.380.840.05
0.990.180.110.980.560.840.910.71-0.14-0.681.00.85-0.730.94-0.430.740.20.970.86-0.350.880.78-0.461.00.18
-0.280.520.59-0.30.04-0.4-0.47-0.160.60.43-0.36-0.24-0.12-0.54-0.27-0.41-0.21-0.25-0.31-0.35-0.36-0.160.87-0.36-0.69
0.850.120.010.780.360.970.80.73-0.31-0.720.870.97-0.610.9-0.220.660.210.90.970.88-0.360.78-0.440.850.1
0.760.130.20.720.410.710.730.72-0.2-0.670.770.78-0.570.77-0.390.710.280.790.730.78-0.160.78-0.270.750.19
-0.430.240.3-0.41-0.16-0.48-0.47-0.30.330.36-0.47-0.28-0.01-0.59-0.13-0.47-0.43-0.43-0.38-0.460.87-0.44-0.27-0.47-0.81
0.990.190.120.990.570.830.90.66-0.12-0.681.00.82-0.720.92-0.440.720.20.960.841.0-0.360.850.75-0.470.2
0.18-0.16-0.120.170.210.140.140.11-0.04-0.030.2-0.080.10.290.010.210.480.190.050.18-0.690.10.19-0.810.2
Click cells to compare fundamentals

Daily Journal Account Relationship Matchups

Daily Journal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets238.6M390.6M319.1M354.9M408.1M428.5M
Other Current Liab23.9M23.4M28.4M34.3M39.5M41.5M
Total Current Liabilities28.0M34.0M33.6M42.2M48.5M25.6M
Total Stockholder Equity141.7M254.6M179.0M200.5M230.5M242.1M
Property Plant And Equipment Net10.6M10.2M9.7M9.5M10.9M9.9M
Net Debt4.3M21.0M63.0M55.2M63.5M66.7M
Retained Earnings140.0M252.9M177.2M198.7M228.5M239.9M
Cash26.9M12.6M13.4M21.0M24.2M25.4M
Non Current Assets Total22.3M18.2M9.7M9.5M10.9M17.2M
Non Currrent Assets Other(23.5M)11.7M(25.7M)(30.6M)(27.5M)(26.2M)
Cash And Short Term Investments206.3M360.2M289.0M324.2M372.8M391.4M
Net Receivables7.3M9.5M18.0M18.7M21.5M22.6M
Liabilities And Stockholders Equity238.6M390.6M319.1M354.9M408.1M428.5M
Non Current Liabilities Total68.8M101.9M106.5M112.2M129.0M135.5M
Other Current Assets2.7M2.6M2.5M2.5M2.2M1.5M
Total Liab96.8M135.9M140.1M154.4M177.5M186.4M
Property Plant And Equipment Gross10.6M10.0M19.5M19.7M22.7M23.8M
Total Current Assets216.3M372.3M309.5M345.4M397.2M417.1M
Short Long Term Debt Total31.2M33.6M76.4M76.3M87.7M92.1M
Accounts Payable3.9M4.2M5.1M6.6M7.6M3.8M
Short Term Debt133K147K146K158K181.7K172.6K
Short Term Investments179.4M347.6M275.5M303.1M348.6M366.0M
Other Assets12.2M13.6M11.7M8.0M9.2M4.9M
Property Plant Equipment10.8M10.5M10.0M9.6M8.6M8.3M
Current Deferred Revenue140K5.5M6.4M5.8M5.2M4.6M
Long Term Debt1.6M1.4M1.3M76.1M87.5M91.9M
Other Liab37.8M37.8M68.5M30.2M34.7M18.7M
Net Tangible Assets137.7M141.7M254.6M179.0M205.9M144.5M
Retained Earnings Total Equity135.9M140.0M252.9M177.2M203.8M214.0M
Deferred Long Term Liab37.2M35.9M64.1M25.3M29.1M18.9M
Non Current Liabilities Other30.1M31.4M36.4M79.9M91.9M96.5M

Pair Trading with Daily Journal

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 Daily Journal 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 Daily Journal will appreciate offsetting losses from the drop in the long position's value.

Moving together with Daily Stock

  0.73AZ A2Z Smart TechnologiesPairCorr
  0.65BL BlacklinePairCorr

Moving against Daily Stock

  0.43VERB VERB TECHNOLOGY PANYPairCorr
The ability to find closely correlated positions to Daily Journal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daily Journal 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 Daily Journal - 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 Daily Journal Corp to buy it.
The correlation of Daily Journal 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 Daily Journal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daily Journal Corp 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 Daily Journal 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
When determining whether Daily Journal Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Daily Journal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Daily Journal Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Daily Journal Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Daily Journal Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Publishing 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 Daily Journal. If investors know Daily 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 Daily Journal 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
33.498
Earnings Share
32.63
Revenue Per Share
52.002
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0136
The market value of Daily Journal Corp is measured differently than its book value, which is the value of Daily that is recorded on the company's balance sheet. Investors also form their own opinion of Daily Journal's value that differs from its market value or its book value, called intrinsic value, which is Daily Journal'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 Daily Journal's market value can be influenced by many factors that don't directly affect Daily Journal'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 Daily Journal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Daily Journal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daily Journal'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.