Deterra Intangible Assets vs Capital Lease Obligations Analysis

DRR Stock

3.75 0.03 0.81%

Deterra Royalties financial indicator trend analysis is much more than just examining Deterra Royalties latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Deterra Royalties is a good investment. Please check the relationship between Deterra Royalties Intangible Assets and its Capital Lease Obligations accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deterra Royalties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Intangible Assets vs Capital Lease Obligations

Intangible Assets vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Deterra Royalties Intangible Assets account and Capital Lease Obligations. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Deterra Royalties' Intangible Assets and Capital Lease Obligations is -0.16. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Deterra Royalties, assuming nothing else is changed. The correlation between historical values of Deterra Royalties' Intangible Assets and Capital Lease Obligations 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 Deterra Royalties are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Intangible Assets i.e., Deterra Royalties' Intangible Assets and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

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Intangible Assets

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

Capital Lease Obligations

Deterra Royalties capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Deterra Royalties asset purchases. For example, Deterra Royalties can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Deterra Royalties control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Most indicators from Deterra Royalties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Deterra Royalties 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 Deterra Royalties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to drop to about 52.1 M in 2024. Selling General Administrative is likely to drop to about 4.1 M in 2024

	2021	2022	2023	2024 (projected)
Interest Income	224K	1.2M	1.8M	1.9M
Tax Provision	77.1M	65.3M	66.7M	52.1M

Interest Income Tax Provision

Deterra Royalties fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Retained Earnings	Net Receivables	Long Term Debt Total	Total Liab	Total Current Assets	Intangible Assets	Other Current Liab	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity	Net Invested Capital	Property Plant And Equipment Gross	Net Working Capital
Common Stock Shares Outstanding		0.33	-0.39	0.32	0.32	0.31	-0.39	0.35	0.32	-0.65	0.46	0.38	0.37	0.2	-0.89	-0.44	-0.39	-0.37	0.07	0.0	0.12	-0.67	0.25	0.41	0.2	0.39
Total Assets	0.33		-0.96	1.0	1.0	0.99	-0.96	0.94	1.0	-0.88	0.89	0.88	0.91	0.15	-0.43	-0.85	-0.92	0.55	0.85	0.7	-0.08	-0.7	0.77	0.9	0.15	0.88
Short Long Term Debt Total	-0.39	-0.96		-0.96	-0.96	-0.93	1.0	-0.88	-0.96	0.93	-0.85	-0.75	-0.83	-0.29	0.53	0.81	0.83	-0.37	-0.69	-0.48	-0.05	0.76	-0.79	-0.78	-0.29	-0.74
Total Stockholder Equity	0.32	1.0	-0.96		1.0	0.99	-0.97	0.92	1.0	-0.89	0.91	0.87	0.92	0.17	-0.44	-0.87	-0.93	0.55	0.85	0.68	-0.07	-0.72	0.8	0.9	0.17	0.88
Retained Earnings	0.32	1.0	-0.96	1.0		0.99	-0.96	0.93	1.0	-0.89	0.9	0.88	0.92	0.16	-0.43	-0.86	-0.93	0.55	0.85	0.69	-0.08	-0.72	0.79	0.9	0.16	0.88
Net Receivables	0.31	0.99	-0.93	0.99	0.99		-0.93	0.96	0.99	-0.85	0.88	0.9	0.91	0.07	-0.39	-0.84	-0.93	0.59	0.88	0.76	-0.14	-0.65	0.72	0.93	0.07	0.92
Long Term Debt Total	-0.39	-0.96	1.0	-0.97	-0.96	-0.93		-0.88	-0.96	0.93	-0.85	-0.75	-0.83	-0.29	0.52	0.81	0.83	-0.37	-0.69	-0.48	-0.05	0.76	-0.79	-0.78	-0.29	-0.74
Total Liab	0.35	0.94	-0.88	0.92	0.93	0.96	-0.88		0.94	-0.77	0.72	0.85	0.8	-0.04	-0.35	-0.68	-0.81	0.51	0.79	0.76	-0.18	-0.51	0.5	0.86	-0.04	0.87
Total Current Assets	0.32	1.0	-0.96	1.0	1.0	0.99	-0.96	0.94		-0.88	0.89	0.88	0.91	0.16	-0.43	-0.85	-0.92	0.54	0.84	0.69	-0.07	-0.7	0.77	0.9	0.16	0.88
Intangible Assets	-0.65	-0.88	0.93	-0.89	-0.89	-0.85	0.93	-0.77	-0.88		-0.91	-0.75	-0.84	-0.41	0.78	0.85	0.84	-0.15	-0.59	-0.35	-0.16	0.93	-0.82	-0.78	-0.41	-0.73
Other Current Liab	0.46	0.89	-0.85	0.91	0.9	0.88	-0.85	0.72	0.89	-0.91		0.88	0.96	0.34	-0.62	-0.95	-0.97	0.42	0.8	0.56	0.06	-0.9	0.92	0.9	0.34	0.86
Other Liab	0.38	0.88	-0.75	0.87	0.88	0.9	-0.75	0.85	0.88	-0.75	0.88		0.96	0.15	-0.47	-0.77	-0.94	0.51	0.87	0.8	0.0	-0.67	0.67	0.97	0.15	0.97
Net Tangible Assets	0.37	0.91	-0.83	0.92	0.92	0.91	-0.83	0.8	0.91	-0.84	0.96	0.96		0.3	-0.54	-0.86	-0.97	0.48	0.86	0.69	0.08	-0.8	0.84	0.95	0.3	0.92
Property Plant And Equipment Net	0.2	0.15	-0.29	0.17	0.16	0.07	-0.29	-0.04	0.16	-0.41	0.34	0.15	0.3		-0.61	-0.11	-0.14	-0.5	-0.18	-0.43	0.93	-0.61	0.54	0.01	1.0	-0.07
Current Deferred Revenue	-0.89	-0.43	0.53	-0.44	-0.43	-0.39	0.52	-0.35	-0.43	0.78	-0.62	-0.47	-0.54	-0.61		0.5	0.48	0.42	-0.1	0.09	-0.49	0.87	-0.54	-0.44	-0.61	-0.39
Net Debt	-0.44	-0.85	0.81	-0.87	-0.86	-0.84	0.81	-0.68	-0.85	0.85	-0.95	-0.77	-0.86	-0.11	0.5		0.94	-0.53	-0.82	-0.58	0.21	0.81	-0.87	-0.87	-0.11	-0.84
Accounts Payable	-0.39	-0.92	0.83	-0.93	-0.93	-0.93	0.83	-0.81	-0.92	0.84	-0.97	-0.94	-0.97	-0.14	0.48	0.94		-0.58	-0.91	-0.74	0.12	0.77	-0.83	-0.98	-0.14	-0.95
Non Current Assets Total	-0.37	0.55	-0.37	0.55	0.55	0.59	-0.37	0.51	0.54	-0.15	0.42	0.51	0.48	-0.5	0.42	-0.53	-0.58		0.85	0.85	-0.66	0.01	0.33	0.6	-0.5	0.63
Non Currrent Assets Other	0.07	0.85	-0.69	0.85	0.85	0.88	-0.69	0.79	0.84	-0.59	0.8	0.87	0.86	-0.18	-0.1	-0.82	-0.91	0.85		0.93	-0.39	-0.45	0.64	0.93	-0.18	0.94
Non Current Liabilities Total	0.0	0.7	-0.48	0.68	0.69	0.76	-0.48	0.76	0.69	-0.35	0.56	0.8	0.69	-0.43	0.09	-0.58	-0.74	0.85	0.93		-0.53	-0.16	0.31	0.84	-0.43	0.87
Capital Lease Obligations	0.12	-0.08	-0.05	-0.07	-0.08	-0.14	-0.05	-0.18	-0.07	-0.16	0.06	0.0	0.08	0.93	-0.49	0.21	0.12	-0.66	-0.39	-0.53		-0.35	0.23	-0.2	0.93	-0.25
Other Current Assets	-0.67	-0.7	0.76	-0.72	-0.72	-0.65	0.76	-0.51	-0.7	0.93	-0.9	-0.67	-0.8	-0.61	0.87	0.81	0.77	0.01	-0.45	-0.16	-0.35		-0.88	-0.67	-0.61	-0.61
Other Stockholder Equity	0.25	0.77	-0.79	0.8	0.79	0.72	-0.79	0.5	0.77	-0.82	0.92	0.67	0.84	0.54	-0.54	-0.87	-0.83	0.33	0.64	0.31	0.23	-0.88		0.69	0.54	0.63
Net Invested Capital	0.41	0.9	-0.78	0.9	0.9	0.93	-0.78	0.86	0.9	-0.78	0.9	0.97	0.95	0.01	-0.44	-0.87	-0.98	0.6	0.93	0.84	-0.2	-0.67	0.69		0.01	1.0
Property Plant And Equipment Gross	0.2	0.15	-0.29	0.17	0.16	0.07	-0.29	-0.04	0.16	-0.41	0.34	0.15	0.3	1.0	-0.61	-0.11	-0.14	-0.5	-0.18	-0.43	0.93	-0.61	0.54	0.01		-0.07
Net Working Capital	0.39	0.88	-0.74	0.88	0.88	0.92	-0.74	0.87	0.88	-0.73	0.86	0.97	0.92	-0.07	-0.39	-0.84	-0.95	0.63	0.94	0.87	-0.25	-0.61	0.63	1.0	-0.07

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Deterra Intangible Assets vs Capital Lease Obligations Analysis

Intangible Assets vs Capital Lease Obligations

Intangible Assets vs Capital Lease Obligations Correlation Analysis

Correlation Coefficient

Intangible Assets

Capital Lease Obligations

Deterra Royalties fundamental ratios Correlations

Deterra Royalties Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Deterra Stock Analysis

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Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Long Term Debt Total	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity

Net Invested Capital	- 0.98	Accounts Payable
Accounts Payable	- 0.97	Net Tangible Assets
Accounts Payable	- 0.97	Other Current Liab
Long Term Debt Total	- 0.97	Total Stockholder Equity
Total Current Assets	- 0.96	Long Term Debt Total
Long Term Debt Total	- 0.96	Retained Earnings