Delek Intangible Assets vs Total Current Liabilities Analysis

DKL Stock  USD 39.76  0.13  0.33%   
Delek Logistics financial indicator trend analysis is much more than just examining Delek Logistics Partners latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Delek Logistics Partners is a good investment. Please check the relationship between Delek Logistics Intangible Assets and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delek Logistics Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Intangible Assets vs Total Current Liabilities

Intangible Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Delek Logistics Partners Intangible Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Delek Logistics' Intangible Assets and Total Current Liabilities is 0.68. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Delek Logistics Partners, assuming nothing else is changed. The correlation between historical values of Delek Logistics' Intangible Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Delek Logistics Partners are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Intangible Assets i.e., Delek Logistics' Intangible Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Current Liabilities

Total Current Liabilities is an item on Delek Logistics balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Delek Logistics Partners are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Delek Logistics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Delek Logistics Partners 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 Delek Logistics Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
At this time, Delek Logistics' Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 13.89 this year, although the value of Tax Provision will most likely fall to about 268.5 K.
 2021 2022 2023 2024 (projected)
Interest Expense50.2M82.3M143.2M150.4M
Depreciation And Amortization60.1M87.0M99.6M104.6M

Delek Logistics fundamental ratios Correlations

0.120.66-0.790.720.450.361.00.660.82-0.740.421.00.980.980.990.990.480.990.081.00.630.080.730.99-0.64
0.120.07-0.060.030.02-0.180.11-0.07-0.030.110.090.120.140.120.120.09-0.060.110.520.110.30.520.120.12-0.03
0.660.07-0.340.490.87-0.010.620.530.86-0.450.290.630.680.640.610.660.250.610.150.660.560.150.450.61-0.67
-0.79-0.06-0.34-0.82-0.18-0.5-0.85-0.45-0.590.72-0.49-0.84-0.79-0.71-0.85-0.72-0.72-0.850.12-0.81-0.740.11-0.34-0.850.57
0.720.030.49-0.820.340.630.750.480.71-0.580.380.760.670.610.750.620.640.750.120.720.820.130.130.76-0.71
0.450.020.87-0.180.34-0.110.40.530.73-0.360.30.420.440.40.40.440.090.390.150.450.560.150.190.39-0.72
0.36-0.18-0.01-0.50.63-0.110.390.130.35-0.48-0.070.390.330.240.40.280.370.40.020.370.410.02-0.110.4-0.42
1.00.110.62-0.850.750.40.390.640.79-0.750.441.00.980.961.00.970.531.00.041.00.650.050.691.0-0.63
0.66-0.070.53-0.450.480.530.130.640.58-0.470.710.640.640.590.640.650.260.640.190.650.450.190.370.64-0.35
0.82-0.030.86-0.590.710.730.350.790.58-0.730.250.80.790.770.790.810.310.790.080.830.70.080.480.79-0.85
-0.740.11-0.450.72-0.58-0.36-0.48-0.75-0.47-0.73-0.26-0.75-0.76-0.69-0.76-0.73-0.42-0.760.03-0.76-0.580.02-0.44-0.760.64
0.420.090.29-0.490.380.3-0.070.440.710.25-0.260.440.410.330.440.360.160.44-0.090.420.53-0.090.120.44-0.23
1.00.120.63-0.840.760.420.391.00.640.8-0.750.440.980.961.00.970.521.00.051.00.660.060.691.0-0.64
0.980.140.68-0.790.670.440.330.980.640.79-0.760.410.980.950.980.970.540.980.090.980.60.10.730.98-0.57
0.980.120.64-0.710.610.40.240.960.590.77-0.690.330.960.950.960.990.40.960.050.970.510.050.840.96-0.56
0.990.120.61-0.850.750.40.41.00.640.79-0.760.441.00.980.960.970.521.00.041.00.650.050.71.0-0.63
0.990.090.66-0.720.620.440.280.970.650.81-0.730.360.970.970.990.970.40.970.040.980.530.050.820.97-0.58
0.48-0.060.25-0.720.640.090.370.530.260.31-0.420.160.520.540.40.520.40.520.090.480.40.090.110.53-0.2
0.990.110.61-0.850.750.390.41.00.640.79-0.760.441.00.980.961.00.970.520.041.00.650.040.71.0-0.63
0.080.520.150.120.120.150.020.040.190.080.03-0.090.050.090.050.040.040.090.040.060.091.00.010.050.0
1.00.110.66-0.810.720.450.371.00.650.83-0.760.421.00.980.971.00.980.481.00.060.640.060.720.99-0.65
0.630.30.56-0.740.820.560.410.650.450.7-0.580.530.660.60.510.650.530.40.650.090.640.090.040.66-0.84
0.080.520.150.110.130.150.020.050.190.080.02-0.090.060.10.050.050.050.090.041.00.060.090.010.050.0
0.730.120.45-0.340.130.19-0.110.690.370.48-0.440.120.690.730.840.70.820.110.70.010.720.040.010.69-0.16
0.990.120.61-0.850.760.390.41.00.640.79-0.760.441.00.980.961.00.970.531.00.050.990.660.050.69-0.63
-0.64-0.03-0.670.57-0.71-0.72-0.42-0.63-0.35-0.850.64-0.23-0.64-0.57-0.56-0.63-0.58-0.2-0.630.0-0.65-0.840.0-0.16-0.63
Click cells to compare fundamentals

Delek Logistics Account Relationship Matchups

Delek Logistics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets744.4M956.4M935.1M1.7B1.6B1.7B
Other Current Liab21.2M(710K)5.3M3.5M10.6M11.1M
Total Current Liabilities35.1M28.3M96.8M106.2M90.6M52.5M
Total Stockholder Equity(151.1M)(108.3M)(104.0M)(110.7M)(161.9M)(153.8M)
Other Liab25.1M28.7M29.2M24.8M28.6M18.3M
Accounts Payable12.5M6.7M72.6M63.5M26.3M27.1M
Other Assets24.0M98.8M25.6M16.4M18.9M19.1M
Long Term Debt833.1M992.3M899.0M1.6B1.7B1.8B
Common Stock Shares Outstanding24.4M33.6M43.5M43.5M43.6M31.9M
Inventory12.6M3.1M2.4M1.5M2.3M2.2M
Other Current Assets2.2M331K951K2.5M676K1.1M
Total Liab895.6M1.1B1.0B1.8B1.8B1.9B
Intangible Assets131.0M160.1M153.9M364.8M343.0M360.2M
Property Plant Equipment295.0M464.8M470.3M948.8M1.1B1.1B
Short Long Term Debt Total836.9M1.0B919.9M1.7B1.7B1.8B
Property Plant And Equipment Net298.8M489.0M470.3M948.8M955.2M1.0B
Net Debt831.3M1.0B915.6M1.7B1.7B1.8B
Cash5.5M4.2M4.3M8.0M3.8M3.8M
Non Current Assets Total710.9M927.1M912.0M1.6B1.6B1.6B
Non Currrent Assets Other21.9M12.1M25.6M16.4M14.2M10.9M
Cash And Short Term Investments5.5M4.2M4.3M8.0M3.8M4.1M
Net Receivables13.2M21.6M15.4M53.3M69.6M73.1M
Liabilities And Stockholders Equity744.4M956.4M935.1M1.7B1.6B1.7B
Non Current Liabilities Total860.5M1.0B942.2M1.7B1.7B1.8B
Other Stockholder Equity(5.0M)(108.3M)(430.5M)(110.7M)(99.6M)(94.6M)
Property Plant And Equipment Gross298.8M489.0M449.4M924.0M1.3B1.4B
Total Current Assets33.6M29.3M23.0M65.2M76.3M50.1M
Short Term Debt1.4M17.4M13.6M31.0M43.4M45.6M
Common Stock(146.1M)(108.3M)(104.0M)(110.7M)(99.6M)(94.6M)
Net Tangible Assets(151.1M)(108.3M)(270.1M)(110.7M)(99.6M)(104.6M)
Long Term Debt Total833.1M992.3M899.0M1.6B1.9B2.0B
Non Current Liabilities Other27.2M43.5M43.3M15.8M21.4M23.9M
Long Term Investments247.0M253.7M250.0M257.0M241.3M176.2M

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When determining whether Delek Logistics Partners is a strong investment it is important to analyze Delek Logistics' 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 Delek Logistics' future performance. For an informed investment choice regarding Delek Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delek Logistics Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil & Gas Storage & Transportation 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 Delek Logistics. If investors know Delek 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 Delek Logistics 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
(0.11)
Dividend Share
4.315
Earnings Share
2.82
Revenue Per Share
21.606
Quarterly Revenue Growth
(0.22)
The market value of Delek Logistics Partners is measured differently than its book value, which is the value of Delek that is recorded on the company's balance sheet. Investors also form their own opinion of Delek Logistics' value that differs from its market value or its book value, called intrinsic value, which is Delek Logistics' 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 Delek Logistics' market value can be influenced by many factors that don't directly affect Delek Logistics' 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 Delek Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Delek Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delek Logistics' 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.