Deluxe Net Invested Capital vs Net Tangible Assets Analysis

DLX Stock  USD 23.23  0.28  1.22%   
Deluxe financial indicator trend analysis is much more than just examining Deluxe latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Deluxe is a good investment. Please check the relationship between Deluxe Net Invested Capital and its Net Tangible Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deluxe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Deluxe Stock please use our How to Invest in Deluxe guide.

Net Invested Capital vs Net Tangible Assets

Net Invested Capital vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Deluxe Net Invested Capital account and Net Tangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Deluxe's Net Invested Capital and Net Tangible Assets is -0.2. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Deluxe, assuming nothing else is changed. The correlation between historical values of Deluxe's Net Invested Capital and Net Tangible 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 Net Invested Capital of Deluxe are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Invested Capital i.e., Deluxe's Net Invested Capital and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Deluxe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Deluxe 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 Deluxe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Deluxe Stock please use our How to Invest in Deluxe guide.Issuance Of Capital Stock is likely to rise to about 5.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 810.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.2B1.2B1.1B
Total Revenue2.0B2.2B2.2B1.7B

Deluxe fundamental ratios Correlations

0.950.90.710.330.350.950.23-0.450.990.93-0.450.74-0.670.930.560.86-0.010.970.570.78-0.040.850.820.78-0.81
0.950.950.650.020.541.0-0.08-0.470.920.91-0.460.68-0.620.980.360.730.160.990.650.76-0.090.720.780.69-0.78
0.90.950.57-0.040.610.95-0.16-0.390.850.84-0.380.58-0.450.940.310.690.360.960.820.72-0.120.620.660.57-0.66
0.710.650.570.290.180.660.21-0.30.710.64-0.30.62-0.610.550.610.58-0.210.690.280.740.490.680.780.8-0.63
0.330.02-0.040.29-0.520.040.99-0.130.390.21-0.130.38-0.360.030.690.54-0.590.08-0.250.230.040.590.370.51-0.3
0.350.540.610.18-0.520.52-0.590.080.250.490.080.420.20.55-0.040.090.790.520.660.53-0.310.20.30.09-0.01
0.951.00.950.660.040.52-0.07-0.510.930.91-0.50.68-0.630.980.370.740.140.990.630.76-0.080.740.780.71-0.78
0.23-0.08-0.160.210.99-0.59-0.07-0.080.290.13-0.090.32-0.32-0.070.650.47-0.64-0.02-0.340.140.050.510.280.41-0.25
-0.45-0.47-0.39-0.3-0.130.08-0.51-0.08-0.54-0.281.0-0.170.48-0.47-0.11-0.420.22-0.45-0.02-0.1-0.05-0.44-0.33-0.540.42
0.990.920.850.710.390.250.930.29-0.540.89-0.540.7-0.720.90.550.86-0.10.940.490.730.00.870.820.82-0.83
0.930.910.840.640.210.490.910.13-0.280.89-0.280.84-0.640.910.580.780.040.920.550.85-0.180.770.850.66-0.8
-0.45-0.46-0.38-0.3-0.130.08-0.5-0.091.0-0.54-0.28-0.170.48-0.47-0.11-0.410.23-0.45-0.01-0.1-0.05-0.44-0.34-0.550.42
0.740.680.580.620.380.420.680.32-0.170.70.84-0.17-0.530.70.790.66-0.090.690.240.93-0.290.840.920.74-0.62
-0.67-0.62-0.45-0.61-0.360.2-0.63-0.320.48-0.72-0.640.48-0.53-0.6-0.47-0.650.65-0.62-0.02-0.52-0.08-0.6-0.74-0.680.94
0.930.980.940.550.030.550.98-0.07-0.470.90.91-0.470.7-0.60.350.710.170.970.620.76-0.260.740.780.68-0.76
0.560.360.310.610.69-0.040.370.65-0.110.550.58-0.110.79-0.470.350.64-0.330.420.00.70.00.710.720.63-0.49
0.860.730.690.580.540.090.740.47-0.420.860.78-0.410.66-0.650.710.64-0.20.760.460.63-0.030.740.680.66-0.79
-0.010.160.36-0.21-0.590.790.14-0.640.22-0.10.040.23-0.090.650.17-0.33-0.20.140.650.05-0.23-0.22-0.23-0.310.41
0.970.990.960.690.080.520.99-0.02-0.450.940.92-0.450.69-0.620.970.420.760.140.660.78-0.050.750.790.71-0.78
0.570.650.820.28-0.250.660.63-0.34-0.020.490.55-0.010.24-0.020.620.00.460.650.660.44-0.080.20.250.13-0.33
0.780.760.720.740.230.530.760.14-0.10.730.85-0.10.93-0.520.760.70.630.050.780.44-0.190.780.930.76-0.63
-0.04-0.09-0.120.490.04-0.31-0.080.05-0.050.0-0.18-0.05-0.29-0.08-0.260.0-0.03-0.23-0.05-0.08-0.19-0.12-0.130.05-0.01
0.850.720.620.680.590.20.740.51-0.440.870.77-0.440.84-0.60.740.710.74-0.220.750.20.78-0.120.880.89-0.64
0.820.780.660.780.370.30.780.28-0.330.820.85-0.340.92-0.740.780.720.68-0.230.790.250.93-0.130.880.88-0.77
0.780.690.570.80.510.090.710.41-0.540.820.66-0.550.74-0.680.680.630.66-0.310.710.130.760.050.890.88-0.65
-0.81-0.78-0.66-0.63-0.3-0.01-0.78-0.250.42-0.83-0.80.42-0.620.94-0.76-0.49-0.790.41-0.78-0.33-0.63-0.01-0.64-0.77-0.65
Click cells to compare fundamentals

Deluxe Account Relationship Matchups

Deluxe fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.9B3.1B3.1B3.1B3.2B
Short Long Term Debt Total917.1M868.4M1.7B1.7B1.7B1.7B
Other Current Liab236.7M241.1M405.6M463.8M529.1M555.6M
Total Current Liabilities407.9M411.8M683.4M752.3M819.1M413.7M
Total Stockholder Equity570.9M540.8M574.6M604.2M604.1M509.5M
Property Plant And Equipment Net140.9M124.6M190.5M172M175.5M172.2M
Net Debt843.5M745.3M1.7B1.7B1.6B1.7B
Retained Earnings572.6M522.6M505.8M518.6M491.2M442.4M
Cash73.6M123.1M41.2M40.4M72.0M62.5M
Non Current Assets Total1.5B1.4B2.5B2.4B2.3B2.4B
Non Currrent Assets Other200.7M208.7M279.5M260.4M251.2M263.7M
Cash And Short Term Investments73.6M123.1M41.2M40.4M72.0M64.1M
Net Receivables196.2M179.6M228.3M245.4M217.1M132.2M
Common Stock Shares Outstanding43.0M42.1M42.8M43.3M43.8M50.9M
Liabilities And Stockholders Equity1.9B1.9B3.1B3.1B3.1B3.2B
Non Current Liabilities Total964.5M922.3M1.8B1.7B1.7B1.7B
Inventory39.9M40.1M34.9M52.3M42.1M32.9M
Other Current Assets398.6M163.8M316.0M364.8M429.8M451.3M
Other Stockholder Equity4.1M17.6M57.4M79.2M99.1M151.3M
Total Liab1.4B1.3B2.5B2.5B2.5B2.6B
Property Plant And Equipment Gross140.8M124.6M190.5M172M509.6M535.1M
Total Current Assets472.2M506.6M620.5M704M761.0M390.0M
Accumulated Other Comprehensive Income(47.9M)(41.4M)(31.5M)(37.3M)(30.0M)(31.5M)
Short Term Debt12.9M11.6M72.0M84.5M99.7M97.9M
Intangible Assets276.1M246.8M504.4M459M391.7M296.5M
Accounts Payable112.2M117.0M153.1M157.1M154.9M84.0M
Good Will804.5M736.8M1.4B1.4B1.4B734.2M
Common Stock Total Equity42.1M42.0M42.7M43.2M38.9M41.3M
Common Stock42.1M42.0M42.7M43.2M43.7M41.1M
Other Liab45.9M53.9M134.2M71.2M81.9M82.8M
Other Assets223.0M295.9M328.9M249.1M286.4M186.4M
Long Term Debt883.5M840M1.6B1.6B1.5B807.6M
Property Plant Equipment96.5M88.7M190.5M172.0M154.8M97.2M
Current Deferred Revenue46.1M42.1M52.6M47.0M35.3M33.3M
Net Tangible Assets(476.2M)(414.6M)(1.4B)(1.2B)(1.1B)(1.1B)
Retained Earnings Total Equity572.6M522.6M505.8M518.6M596.4M644.6M
Long Term Debt Total883.5M840M1.7B1.6B1.8B1.9B

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