Diamond Long Term Debt vs Intangible Assets Analysis

DWS Stock

CAD 0.21 0.01 4.55%

Diamond Estates financial indicator trend analysis is much more than just examining Diamond Estates Wines latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diamond Estates Wines is a good investment. Please check the relationship between Diamond Estates Long Term Debt and its Intangible Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Estates Wines. 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.

Long Term Debt vs Intangible Assets

Long Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diamond Estates Wines Long Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Diamond Estates' Long Term Debt and Intangible Assets is 0.51. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Diamond Estates Wines, assuming nothing else is changed. The correlation between historical values of Diamond Estates' Long Term Debt and Intangible 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 Long Term Debt of Diamond Estates Wines are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Debt i.e., Diamond Estates' Long Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.51

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Long Term Debt

Long-term debt is a debt that Diamond Estates Wines has held for over one year. Long-term debt appears on Diamond Estates Wines balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Diamond Estates Wines balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Intangible Assets

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

Most indicators from Diamond Estates' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diamond Estates Wines 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 Diamond Estates Wines. 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.

At this time, Diamond Estates' Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 9.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 13.1 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	10.4M	10.1M	10.9M	9.0M
Total Revenue	30.0M	31.7M	28.5M	31.3M

Gross Profit Total Revenue

Diamond Estates fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Net Debt	Net Invested Capital
Total Assets		0.27	0.59	0.93	0.83	0.19	0.66	0.8	-0.03	0.96	-0.55	-0.26	0.83	0.2	0.99	-0.73	0.76	0.18	0.85	0.96	0.76	-0.63	-0.24	0.71	0.83	0.94
Other Current Liab	0.27		0.05	0.3	0.65	-0.14	0.04	0.42	-0.56	0.13	-0.32	-0.85	0.18	-0.1	0.29	-0.4	0.29	0.02	0.46	0.24	0.67	-0.38	-0.14	-0.24	0.25	0.23
Total Current Liabilities	0.59	0.05		0.41	0.48	-0.26	0.49	0.27	0.28	0.46	-0.16	-0.2	0.64	0.72	0.6	-0.15	0.44	0.44	0.6	0.61	0.32	-0.72	-0.83	0.31	0.47	0.64
Total Stockholder Equity	0.93	0.3	0.41		0.86	0.36	0.59	0.81	-0.14	0.88	-0.44	-0.22	0.6	0.14	0.91	-0.71	0.66	0.05	0.83	0.87	0.78	-0.51	-0.15	0.7	0.68	0.83
Net Tangible Assets	0.83	0.65	0.48	0.86		0.01	0.39	0.75	-0.41	0.72	-0.37	-0.64	0.62	0.27	0.84	-0.6	0.55	0.22	0.86	0.82	0.87	-0.62	-0.36	0.46	0.72	0.81
Retained Earnings	0.19	-0.14	-0.26	0.36	0.01		0.43	0.18	0.22	0.35	-0.35	0.34	-0.2	-0.53	0.16	-0.48	0.4	-0.85	-0.06	0.09	0.09	0.26	0.47	0.28	0.0	-0.01
Accounts Payable	0.66	0.04	0.49	0.59	0.39	0.43		0.41	0.38	0.7	-0.66	-0.12	0.44	-0.07	0.66	-0.67	0.75	-0.25	0.34	0.57	0.37	-0.23	-0.29	0.48	0.31	0.52
Long Term Debt	0.8	0.42	0.27	0.81	0.75	0.18	0.41		-0.48	0.76	-0.45	-0.22	0.69	0.02	0.8	-0.73	0.51	0.18	0.85	0.71	0.93	-0.32	0.08	0.69	0.59	0.64
Net Receivables	-0.03	-0.56	0.28	-0.14	-0.41	0.22	0.38	-0.48		0.02	-0.12	0.45	-0.07	0.02	-0.04	0.1	0.3	-0.19	-0.3	-0.03	-0.56	-0.18	-0.22	-0.14	-0.1	0.0
Inventory	0.96	0.13	0.46	0.88	0.72	0.35	0.7	0.76	0.02		-0.6	-0.16	0.78	0.03	0.94	-0.78	0.77	-0.01	0.7	0.91	0.67	-0.43	-0.08	0.8	0.81	0.88
Other Current Assets	-0.55	-0.32	-0.16	-0.44	-0.37	-0.35	-0.66	-0.45	-0.12	-0.6		0.27	-0.34	0.54	-0.58	0.92	-0.89	0.28	-0.34	-0.36	-0.46	0.17	-0.01	-0.26	-0.31	-0.33
Other Stockholder Equity	-0.26	-0.85	-0.2	-0.22	-0.64	0.34	-0.12	-0.22	0.45	-0.16	0.27		-0.23	-0.05	-0.31	0.27	-0.23	-0.11	-0.32	-0.27	-0.51	0.33	0.39	0.15	-0.29	-0.33
Total Liab	0.83	0.18	0.64	0.6	0.62	-0.2	0.44	0.69	-0.07	0.78	-0.34	-0.23		0.35	0.81	-0.47	0.52	0.45	0.73	0.87	0.61	-0.62	-0.25	0.6	0.85	0.87
Short Long Term Debt	0.2	-0.1	0.72	0.14	0.27	-0.53	-0.07	0.02	0.02	0.03	0.54	-0.05	0.35		0.18	0.45	-0.24	0.67	0.37	0.35	0.05	-0.53	-0.72	0.15	0.27	0.4
Total Current Assets	0.99	0.29	0.6	0.91	0.84	0.16	0.66	0.8	-0.04	0.94	-0.58	-0.31	0.81	0.18		-0.74	0.77	0.19	0.86	0.91	0.79	-0.6	-0.26	0.71	0.77	0.91
Short Term Debt	-0.73	-0.4	-0.15	-0.71	-0.6	-0.48	-0.67	-0.73	0.1	-0.78	0.92	0.27	-0.47	0.45	-0.74		-0.87	0.27	-0.55	-0.57	-0.7	0.22	-0.11	-0.48	-0.48	-0.5
Intangible Assets	0.76	0.29	0.44	0.66	0.55	0.4	0.75	0.51	0.3	0.77	-0.89	-0.23	0.52	-0.24	0.77	-0.87		-0.21	0.55	0.63	0.52	-0.52	-0.18	0.33	0.54	0.61
Common Stock	0.18	0.02	0.44	0.05	0.22	-0.85	-0.25	0.18	-0.19	-0.01	0.28	-0.11	0.45	0.67	0.19	0.27	-0.21		0.43	0.24	0.17	-0.46	-0.47	0.11	0.22	0.32
Property Plant Equipment	0.85	0.46	0.6	0.83	0.86	-0.06	0.34	0.85	-0.3	0.7	-0.34	-0.32	0.73	0.37	0.86	-0.55	0.55	0.43		0.79	0.88	-0.71	-0.31	0.52	0.67	0.78
Non Current Assets Total	0.96	0.24	0.61	0.87	0.82	0.09	0.57	0.71	-0.03	0.91	-0.36	-0.27	0.87	0.35	0.91	-0.57	0.63	0.24	0.79		0.66	-0.69	-0.3	0.65	0.9	0.98
Non Currrent Assets Other	0.76	0.67	0.32	0.78	0.87	0.09	0.37	0.93	-0.56	0.67	-0.46	-0.51	0.61	0.05	0.79	-0.7	0.52	0.17	0.88	0.66		-0.42	-0.07	0.5	0.56	0.62
Common Stock Shares Outstanding	-0.63	-0.38	-0.72	-0.51	-0.62	0.26	-0.23	-0.32	-0.18	-0.43	0.17	0.33	-0.62	-0.53	-0.6	0.22	-0.52	-0.46	-0.71	-0.69	-0.42		0.57	-0.02	-0.64	-0.72
Non Current Liabilities Total	-0.24	-0.14	-0.83	-0.15	-0.36	0.47	-0.29	0.08	-0.22	-0.08	-0.01	0.39	-0.25	-0.72	-0.26	-0.11	-0.18	-0.47	-0.31	-0.3	-0.07	0.57		0.04	-0.14	-0.35
Capital Lease Obligations	0.71	-0.24	0.31	0.7	0.46	0.28	0.48	0.69	-0.14	0.8	-0.26	0.15	0.6	0.15	0.71	-0.48	0.33	0.11	0.52	0.65	0.5	-0.02	0.04		0.54	0.63
Net Debt	0.83	0.25	0.47	0.68	0.72	0.0	0.31	0.59	-0.1	0.81	-0.31	-0.29	0.85	0.27	0.77	-0.48	0.54	0.22	0.67	0.9	0.56	-0.64	-0.14	0.54		0.9
Net Invested Capital	0.94	0.23	0.64	0.83	0.81	-0.01	0.52	0.64	0.0	0.88	-0.33	-0.33	0.87	0.4	0.91	-0.5	0.61	0.32	0.78	0.98	0.62	-0.72	-0.35	0.63	0.9

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Diamond Estates Account Relationship Matchups

Diamond Estates fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	50.0M	49.8M	68.2M	62.0M	52.6M	52.5M
Other Current Liab	37.3K	85.7K	62.4K	590.3K	3.0M	3.2M
Total Current Liabilities	26.8M	6.0M	35.2M	37.8M	31.1M	22.8M
Total Stockholder Equity	20.4M	18.2M	30.3M	22.3M	20.9M	18.2M
Net Tangible Assets	12.5M	17.6M	15.6M	25.4M	29.2M	30.7M
Retained Earnings	(8.5M)	(11.1M)	(13.6M)	(22.1M)	(32.7M)	(31.1M)
Accounts Payable	6.4M	3.4M	6.7M	4.5M	4.0M	5.1M
Net Receivables	2.8M	2.4M	3.9M	3.1M	2.4M	2.5M
Inventory	22.1M	23.4M	28.9M	26.3M	18.3M	21.8M
Total Liab	29.5M	31.6M	37.9M	39.7M	31.7M	33.1M
Short Long Term Debt	19.2M	799.9K	26.0M	30.0M	21.2M	14.0M
Total Current Assets	25.8M	26.4M	34.5M	29.8M	28.7M	26.9M
Intangible Assets	2.8M	2.6M	4.9M	4.5M	3.9M	3.7M
Common Stock	16.7M	19.2M	27.7M	40.8M	47.0M	28.9M
Property Plant Equipment	20.0M	21.4M	20.9M	28.8M	33.1M	20.9M
Non Current Assets Total	24.2M	23.5M	33.7M	32.2M	23.9M	27.7M
Common Stock Shares Outstanding	140.4M	148.5M	200.0M	27.9M	48.1M	93.3M
Non Current Liabilities Total	2.7M	25.7M	2.7M	1.9M	601.2K	571.2K
Capital Lease Obligations	3.1M	3.1M	2.8M	2.4M	967.7K	919.3K
Net Debt	19.2M	23.8M	26.0M	30.0M	21.2M	25.5M
Net Invested Capital	39.6M	42.0M	56.3M	52.3M	42.1M	48.1M
Net Working Capital	(993.5K)	20.4M	(696.9K)	(8.0M)	(2.4M)	(2.3M)

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