Delek Non Currrent Assets Other vs Other Current Assets 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 Non Currrent Assets Other and its Other Current Assets 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.
Non Currrent Assets Other vs Other Current Assets
Non Currrent Assets Other vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Delek Logistics Partners Non Currrent Assets Other account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Delek Logistics' Non Currrent Assets Other and Other Current Assets is 0.53. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Current Assets 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' Non Currrent Assets Other and Other Current 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 Non Currrent Assets Other of Delek Logistics Partners are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Currrent Assets Other i.e., Delek Logistics' Non Currrent Assets Other and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.53 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.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 Expense | 50.2M | 82.3M | 143.2M | 150.4M | Depreciation And Amortization | 60.1M | 87.0M | 99.6M | 104.6M |
Delek Logistics fundamental ratios Correlations
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Delek Logistics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Delek Logistics fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 744.4M | 956.4M | 935.1M | 1.7B | 1.6B | 1.7B | |
| Other Current Liab | 21.2M | (710K) | 5.3M | 3.5M | 10.6M | 11.1M | |
| Total Current Liabilities | 35.1M | 28.3M | 96.8M | 106.2M | 90.6M | 52.5M | |
| Total Stockholder Equity | (151.1M) | (108.3M) | (104.0M) | (110.7M) | (161.9M) | (153.8M) | |
| Other Liab | 25.1M | 28.7M | 29.2M | 24.8M | 28.6M | 18.3M | |
| Accounts Payable | 12.5M | 6.7M | 72.6M | 63.5M | 26.3M | 27.1M | |
| Other Assets | 24.0M | 98.8M | 25.6M | 16.4M | 18.9M | 19.1M | |
| Long Term Debt | 833.1M | 992.3M | 899.0M | 1.6B | 1.7B | 1.8B | |
| Common Stock Shares Outstanding | 24.4M | 33.6M | 43.5M | 43.5M | 43.6M | 31.9M | |
| Inventory | 12.6M | 3.1M | 2.4M | 1.5M | 2.3M | 2.2M | |
| Other Current Assets | 2.2M | 331K | 951K | 2.5M | 676K | 1.1M | |
| Total Liab | 895.6M | 1.1B | 1.0B | 1.8B | 1.8B | 1.9B | |
| Intangible Assets | 131.0M | 160.1M | 153.9M | 364.8M | 343.0M | 360.2M | |
| Property Plant Equipment | 295.0M | 464.8M | 470.3M | 948.8M | 1.1B | 1.1B | |
| Short Long Term Debt Total | 836.9M | 1.0B | 919.9M | 1.7B | 1.7B | 1.8B | |
| Property Plant And Equipment Net | 298.8M | 489.0M | 470.3M | 948.8M | 955.2M | 1.0B | |
| Net Debt | 831.3M | 1.0B | 915.6M | 1.7B | 1.7B | 1.8B | |
| Cash | 5.5M | 4.2M | 4.3M | 8.0M | 3.8M | 3.8M | |
| Non Current Assets Total | 710.9M | 927.1M | 912.0M | 1.6B | 1.6B | 1.6B | |
| Non Currrent Assets Other | 21.9M | 12.1M | 25.6M | 16.4M | 14.2M | 10.9M | |
| Cash And Short Term Investments | 5.5M | 4.2M | 4.3M | 8.0M | 3.8M | 4.1M | |
| Net Receivables | 13.2M | 21.6M | 15.4M | 53.3M | 69.6M | 73.1M | |
| Liabilities And Stockholders Equity | 744.4M | 956.4M | 935.1M | 1.7B | 1.6B | 1.7B | |
| Non Current Liabilities Total | 860.5M | 1.0B | 942.2M | 1.7B | 1.7B | 1.8B | |
| Other Stockholder Equity | (5.0M) | (108.3M) | (430.5M) | (110.7M) | (99.6M) | (94.6M) | |
| Property Plant And Equipment Gross | 298.8M | 489.0M | 449.4M | 924.0M | 1.3B | 1.4B | |
| Total Current Assets | 33.6M | 29.3M | 23.0M | 65.2M | 76.3M | 50.1M | |
| Short Term Debt | 1.4M | 17.4M | 13.6M | 31.0M | 43.4M | 45.6M | |
| 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 Total | 833.1M | 992.3M | 899.0M | 1.6B | 1.9B | 2.0B | |
| Non Current Liabilities Other | 27.2M | 43.5M | 43.3M | 15.8M | 21.4M | 23.9M | |
| Long Term Investments | 247.0M | 253.7M | 250.0M | 257.0M | 241.3M | 176.2M |
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Try AI Portfolio ArchitectCheck 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.