Deterra Net Debt vs Non Current Assets Total 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 Net Debt and its Non Current Assets Total 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.

Net Debt vs Non Current Assets Total

Net Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Deterra Royalties Net Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Deterra Royalties' Net Debt and Non Current Assets Total is -0.53. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Assets Total 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' Net Debt and Non Current Assets Total 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 Debt of Deterra Royalties are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Debt i.e., Deterra Royalties' Net Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.53

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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

Click cells to compare fundamentals

Deterra Royalties Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Deterra Stock Analysis

When running Deterra Royalties' price analysis, check to measure Deterra Royalties' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Deterra Royalties is operating at the current time. Most of Deterra Royalties' value examination focuses on studying past and present price action to predict the probability of Deterra Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deterra Royalties' price. Additionally, you may evaluate how the addition of Deterra Royalties to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Deterra Net Debt vs Non Current Assets Total Analysis

Net Debt vs Non Current Assets Total

Net Debt vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Net Debt

Non Current Assets Total

Deterra Royalties fundamental ratios Correlations

Deterra Royalties Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Deterra Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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