Diligent Depreciation And Amortization vs Net Income Analysis

DNAMEDIA   4.94  0.12  2.37%   
Diligent Media financial indicator trend analysis is much more than just examining Diligent Media latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diligent Media is a good investment. Please check the relationship between Diligent Media Depreciation And Amortization and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diligent Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Depreciation And Amortization vs Net Income

Depreciation And Amortization vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diligent Media Depreciation And Amortization account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Diligent Media's Depreciation And Amortization and Net Income is -0.81. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Income in the same time period over historical financial statements of Diligent Media, assuming nothing else is changed. The correlation between historical values of Diligent Media's Depreciation And Amortization and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Diligent Media are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Depreciation And Amortization i.e., Diligent Media's Depreciation And Amortization and Net Income go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Diligent Media financial statement analysis. It represents the amount of money remaining after all of Diligent Media operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Diligent Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diligent Media 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 Diligent Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
The Diligent Media's current Selling General Administrative is estimated to increase to about 114.3 M. The Diligent Media's current Tax Provision is estimated to increase to about 440.5 M
 2021 2022 2023 2024 (projected)
Gross Profit52.4M48.3M10.6M10.0M
Total Revenue64.8M94.4M97.0M92.2M

Diligent Media fundamental ratios Correlations

0.780.070.13-0.280.53-0.30.740.37-0.160.510.87-0.240.390.380.590.780.640.35-0.280.70.480.64-0.480.150.08
0.780.130.17-0.230.56-0.310.550.32-0.250.680.680.00.560.440.310.590.60.2-0.250.560.380.7-0.460.060.17
0.070.130.51-0.62-0.24-0.730.650.52-0.7-0.25-0.050.22-0.090.29-0.10.36-0.370.11-0.750.50.23-0.24-0.64-0.66-0.47
0.130.170.51-0.70.09-0.020.550.34-0.6-0.30.020.19-0.230.77-0.190.23-0.46-0.08-0.620.580.220.06-0.57-0.57-0.63
-0.28-0.23-0.62-0.7-0.440.41-0.7-0.570.70.17-0.140.070.07-0.660.38-0.720.17-0.120.89-0.87-0.3-0.130.850.20.85
0.530.56-0.240.09-0.440.070.290.170.050.350.53-0.440.20.47-0.130.650.610.03-0.220.580.120.7-0.430.65-0.32
-0.3-0.31-0.73-0.020.410.07-0.59-0.690.68-0.1-0.050.03-0.23-0.010.06-0.550.02-0.540.66-0.47-0.530.250.650.340.16
0.740.550.650.55-0.70.29-0.590.67-0.620.060.560.040.170.520.250.810.090.32-0.760.890.510.29-0.84-0.35-0.41
0.370.320.520.34-0.570.17-0.690.67-0.76-0.27-0.050.08-0.130.24-0.290.6-0.240.78-0.850.630.84-0.02-0.86-0.41-0.49
-0.16-0.25-0.7-0.60.70.050.68-0.62-0.760.110.17-0.21-0.06-0.380.38-0.460.45-0.480.85-0.61-0.620.250.780.650.47
0.510.68-0.25-0.30.170.35-0.10.06-0.270.110.61-0.210.840.090.420.280.77-0.090.310.11-0.050.430.110.410.61
0.870.68-0.050.02-0.140.53-0.050.56-0.050.170.61-0.170.530.30.720.620.77-0.120.020.53-0.010.73-0.20.340.19
-0.240.00.220.190.07-0.440.030.040.08-0.21-0.21-0.170.19-0.13-0.01-0.29-0.43-0.18-0.05-0.17-0.160.010.01-0.630.07
0.390.56-0.09-0.230.070.2-0.230.17-0.13-0.060.840.530.190.030.310.270.52-0.170.180.13-0.150.27-0.030.180.49
0.380.440.290.77-0.660.47-0.010.520.24-0.380.090.3-0.130.03-0.080.440.04-0.15-0.490.660.210.34-0.53-0.12-0.46
0.590.31-0.1-0.190.38-0.130.060.25-0.290.380.420.72-0.010.31-0.080.10.53-0.110.370.01-0.080.370.290.060.59
0.780.590.360.23-0.720.65-0.550.810.6-0.460.280.62-0.290.270.440.10.430.39-0.680.920.490.46-0.780.16-0.41
0.640.6-0.37-0.460.170.610.020.09-0.240.450.770.77-0.430.520.040.530.43-0.070.310.18-0.090.70.10.740.43
0.350.20.11-0.08-0.120.03-0.540.320.78-0.48-0.09-0.12-0.18-0.17-0.15-0.110.39-0.07-0.460.290.93-0.11-0.44-0.18-0.06
-0.28-0.25-0.75-0.620.89-0.220.66-0.76-0.850.850.310.02-0.050.18-0.490.37-0.680.31-0.46-0.81-0.60.030.940.450.77
0.70.560.50.58-0.870.58-0.470.890.63-0.610.110.53-0.170.130.660.010.920.180.29-0.810.490.4-0.88-0.09-0.59
0.480.380.230.22-0.30.12-0.530.510.84-0.62-0.05-0.01-0.16-0.150.21-0.080.49-0.090.93-0.60.490.0-0.6-0.3-0.16
0.640.7-0.240.06-0.130.70.250.29-0.020.250.430.730.010.270.340.370.460.7-0.110.030.40.0-0.150.40.05
-0.48-0.46-0.64-0.570.85-0.430.65-0.84-0.860.780.11-0.20.01-0.03-0.530.29-0.780.1-0.440.94-0.88-0.6-0.150.30.68
0.150.06-0.66-0.570.20.650.34-0.35-0.410.650.410.34-0.630.18-0.120.060.160.74-0.180.45-0.09-0.30.40.30.17
0.080.17-0.47-0.630.85-0.320.16-0.41-0.490.470.610.190.070.49-0.460.59-0.410.43-0.060.77-0.59-0.160.050.680.17
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Diligent Media Account Relationship Matchups

Diligent Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.0B2.0B2.0B2.3B3.4B3.2B
Short Long Term Debt Total8.6B4.4B4.4B4.4B5.0B5.8B
Other Current Liab109.9M3.4B3.2B1.8B1.6B1.2B
Total Current Liabilities5.0B3.5B3.2B1.9B1.6B2.0B
Total Stockholder Equity(5.3B)(5.8B)(5.5B)(3.9B)(2.6B)(2.7B)
Property Plant And Equipment Net1.9B1.8B0.03.3M2.0M1.9M
Current Deferred Revenue22.1M523.7M5.9M39.2M8.3M7.9M
Net Debt4.2B4.4B4.3B4.3B4.4B3.4B
Retained Earnings(7.2B)(5.9B)(7.4B)(5.8B)(2.7B)(2.8B)
Accounts Payable99.6M59.6M43.8M49.6M31.3M29.7M
Cash31.8M226K16.8M26.2M5.2M5.0M
Non Current Assets Total2.9B1.1B1.7B2.1B846.6M804.2M
Non Currrent Assets Other(89K)62.2M35.6M1.6B122.1M128.2M
Cash And Short Term Investments31.8M226K16.8M104.3M5.2M5.0M
Net Receivables1.1B896.0M146.9M173.6M123.2M117.1M
Liabilities And Stockholders Equity4.0B2.0B2.0B2.3B3.4B3.2B
Non Current Liabilities Total4.4B4.4B4.4B4.4B4.4B4.6B
Inventory70.0M16.2M1.8M1.00.90.86
Other Current Assets(2K)3.7M135.5M2.2M2.4B2.5B
Other Stockholder Equity2.5B(1.7B)(473K)1.8B1.2M1.1M
Total Liab9.4B7.8B7.6B6.2B6.0B6.6B
Total Current Assets1.1B901.8M299.1M202.8M2.6B2.7B
Accumulated Other Comprehensive Income(714.0M)1.7B1.8B1.8B(2.7B)(2.6B)
Short Term Debt22.1M4.3B5.9M39.2M(8.3M)(7.9M)
Other Liab14.4M75K1.7M2.3M2.1M2.0M
Net Tangible Assets(5.3B)(5.8B)(5.5B)(3.9B)(3.5B)(3.7B)
Other Assets1.2B1.1B1.7B2.1B2.4B1.4B
Long Term Debt4.4B4.4B4.4B4.4B5.0B4.7B
Property Plant Equipment1.9B1.8B0.03.3M3.0M2.8M
Short Term Investments10.6M16.4M19.5M78.1M1.6B1.6B
Long Term Debt Total4.4B4.4B4.4B4.4B3.9B3.5B
Cash And Equivalents52.7M31.8M226K16.8M15.1M26.0M
Net Invested Capital(1.1B)(5.8B)(5.6B)420.4M1.8B1.9B
Net Working Capital(3.9B)(2.6B)(2.9B)(1.7B)944.7M991.9M

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Other Information on Investing in Diligent Stock

Balance Sheet is a snapshot of the financial position of Diligent Media at a specified time, usually calculated after every quarter, six months, or one year. Diligent Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Diligent Media and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Diligent currently owns. An asset can also be divided into two categories, current and non-current.