Dexterra Net Debt vs Current Deferred Revenue Analysis

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

Net Debt vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dexterra Group Net Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Dexterra's Net Debt and Current Deferred Revenue is 0.57. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Dexterra Group, assuming nothing else is changed. The correlation between historical values of Dexterra's Net Debt and Current Deferred Revenue 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 Dexterra Group are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Debt i.e., Dexterra's Net Debt and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.57

Relationship Direction	Positive
Relationship Strength	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.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Dexterra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dexterra Group 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 Dexterra Group. 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.

As of the 27th of November 2024, Tax Provision is likely to grow to about 8.9 M, while Selling General Administrative is likely to drop about 30.3 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	38.1M	38.6M	40.2M	29.8M
Interest Income	2.6M	6.9M	8.0M	4.2M

Depreciation And Amortization Interest Income

Dexterra fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Assets	Long Term Debt	Good Will	Long Term Debt Total
Total Assets		0.85	0.6	0.66	0.54	0.21	0.46	0.77	0.38	0.68	0.62	0.77	0.69	0.09	0.88	0.73	0.29	0.01	0.88	0.7	0.21	0.41	0.4	0.84	0.22	0.81
Short Long Term Debt Total	0.85		0.8	0.82	0.17	-0.18	0.62	0.98	0.51	0.81	0.3	0.72	0.83	0.44	0.75	0.77	0.5	-0.41	0.94	0.83	0.57	-0.01	0.47	0.8	0.57	0.83
Other Current Liab	0.6	0.8		0.83	-0.1	-0.49	0.63	0.85	0.22	0.81	-0.07	0.3	0.88	0.65	0.36	0.61	0.64	-0.62	0.8	0.87	0.76	-0.13	0.65	0.38	0.72	0.44
Total Current Liabilities	0.66	0.82	0.83		-0.17	-0.56	0.75	0.81	0.32	1.0	-0.09	0.26	0.97	0.79	0.36	0.91	0.42	-0.67	0.92	0.98	0.84	-0.25	0.43	0.4	0.86	0.42
Total Stockholder Equity	0.54	0.17	-0.1	-0.17		0.87	-0.42	0.09	0.21	-0.12	0.96	0.6	-0.12	-0.68	0.63	0.03	-0.03	0.69	0.13	-0.11	-0.58	0.89	0.19	0.58	-0.6	0.56
Property Plant And Equipment Net	0.21	-0.18	-0.49	-0.56	0.87		-0.55	-0.26	0.05	-0.53	0.86	0.47	-0.54	-0.94	0.46	-0.32	-0.36	0.91	-0.25	-0.53	-0.89	0.8	-0.03	0.4	-0.89	0.31
Current Deferred Revenue	0.46	0.62	0.63	0.75	-0.42	-0.55		0.57	-0.08	0.73	-0.28	0.15	0.74	0.63	0.35	0.66	0.06	-0.47	0.73	0.75	0.65	-0.33	0.22	0.26	0.69	0.17
Net Debt	0.77	0.98	0.85	0.81	0.09	-0.26	0.57		0.57	0.81	0.21	0.69	0.82	0.51	0.64	0.73	0.6	-0.52	0.9	0.82	0.64	-0.12	0.53	0.74	0.62	0.79
Retained Earnings	0.38	0.51	0.22	0.32	0.21	0.05	-0.08	0.57		0.34	0.28	0.63	0.23	0.15	0.27	0.49	0.44	-0.34	0.36	0.25	0.23	-0.25	0.16	0.62	0.26	0.7
Accounts Payable	0.68	0.81	0.81	1.0	-0.12	-0.53	0.73	0.81	0.34		-0.05	0.28	0.97	0.77	0.37	0.92	0.41	-0.65	0.93	0.98	0.81	-0.22	0.42	0.42	0.84	0.44
Non Current Assets Total	0.62	0.3	-0.07	-0.09	0.96	0.86	-0.28	0.21	0.28	-0.05		0.73	-0.08	-0.66	0.76	0.13	-0.14	0.66	0.24	-0.07	-0.55	0.81	0.27	0.74	-0.54	0.67
Non Currrent Assets Other	0.77	0.72	0.3	0.26	0.6	0.47	0.15	0.69	0.63	0.28	0.73		0.27	-0.22	0.88	0.4	0.24	0.17	0.56	0.28	-0.09	0.31	0.31	0.97	-0.09	0.94
Net Receivables	0.69	0.83	0.88	0.97	-0.12	-0.54	0.74	0.82	0.23	0.97	-0.08	0.27		0.76	0.4	0.83	0.54	-0.63	0.92	1.0	0.83	-0.15	0.37	0.38	0.81	0.44
Common Stock Shares Outstanding	0.09	0.44	0.65	0.79	-0.68	-0.94	0.63	0.51	0.15	0.77	-0.66	-0.22	0.76		-0.21	0.57	0.47	-0.94	0.53	0.75	0.98	-0.7	0.16	-0.14	0.97	-0.05
Non Current Liabilities Total	0.88	0.75	0.36	0.36	0.63	0.46	0.35	0.64	0.27	0.37	0.76	0.88	0.4	-0.21		0.45	0.09	0.28	0.69	0.41	-0.08	0.52	0.31	0.91	-0.08	0.84
Inventory	0.73	0.77	0.61	0.91	0.03	-0.32	0.66	0.73	0.49	0.92	0.13	0.4	0.83	0.57	0.45		0.2	-0.48	0.89	0.85	0.63	-0.15	0.36	0.56	0.69	0.53
Other Current Assets	0.29	0.5	0.64	0.42	-0.03	-0.36	0.06	0.6	0.44	0.41	-0.14	0.24	0.54	0.47	0.09	0.2		-0.57	0.36	0.51	0.57	-0.18	0.11	0.19	0.46	0.43
Other Stockholder Equity	0.01	-0.41	-0.62	-0.67	0.69	0.91	-0.47	-0.52	-0.34	-0.65	0.66	0.17	-0.63	-0.94	0.28	-0.48	-0.57		-0.41	-0.63	-0.95	0.8	-0.17	0.1	-0.94	-0.02
Total Liab	0.88	0.94	0.8	0.92	0.13	-0.25	0.73	0.9	0.36	0.93	0.24	0.56	0.92	0.53	0.69	0.89	0.36	-0.41		0.93	0.62	0.02	0.46	0.68	0.64	0.67
Total Current Assets	0.7	0.83	0.87	0.98	-0.11	-0.53	0.75	0.82	0.25	0.98	-0.07	0.28	1.0	0.75	0.41	0.85	0.51	-0.63	0.93		0.82	-0.16	0.38	0.4	0.81	0.45
Short Term Debt	0.21	0.57	0.76	0.84	-0.58	-0.89	0.65	0.64	0.23	0.81	-0.55	-0.09	0.83	0.98	-0.08	0.63	0.57	-0.95	0.62	0.82		-0.63	0.24	0.01	0.98	0.12
Common Stock	0.41	-0.01	-0.13	-0.25	0.89	0.8	-0.33	-0.12	-0.25	-0.22	0.81	0.31	-0.15	-0.7	0.52	-0.15	-0.18	0.8	0.02	-0.16	-0.63		0.14	0.31	-0.67	0.26
Other Assets	0.4	0.47	0.65	0.43	0.19	-0.03	0.22	0.53	0.16	0.42	0.27	0.31	0.37	0.16	0.31	0.36	0.11	-0.17	0.46	0.38	0.24	0.14		0.4	0.26	0.3
Long Term Debt	0.84	0.8	0.38	0.4	0.58	0.4	0.26	0.74	0.62	0.42	0.74	0.97	0.38	-0.14	0.91	0.56	0.19	0.1	0.68	0.4	0.01	0.31	0.4		0.03	0.95
Good Will	0.22	0.57	0.72	0.86	-0.6	-0.89	0.69	0.62	0.26	0.84	-0.54	-0.09	0.81	0.97	-0.08	0.69	0.46	-0.94	0.64	0.81	0.98	-0.67	0.26	0.03		0.11
Long Term Debt Total	0.81	0.83	0.44	0.42	0.56	0.31	0.17	0.79	0.7	0.44	0.67	0.94	0.44	-0.05	0.84	0.53	0.43	-0.02	0.67	0.45	0.12	0.26	0.3	0.95	0.11

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Dexterra Account Relationship Matchups

Dexterra fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	174.8M	513.5M	531.5M	611.4M	607.1M	531.1M
Short Long Term Debt Total	7.1M	111.5M	90.4M	122.1M	117.3M	84.0M
Other Current Liab	400K	8.0M	5.3M	8.9M	4.2M	4.4M
Total Current Liabilities	25.6M	100.3M	137.2M	198.0M	186.0M	99.0M
Total Stockholder Equity	143.7M	299.2M	304.4M	286.8M	286.8M	232.9M
Property Plant And Equipment Net	9.9M	206.1M	184.0M	180.0M	168.9M	195.2M
Current Deferred Revenue	2.9M	3.3M	1.9M	10.7M	10.6M	11.1M
Net Debt	4.6M	137.5M	115.5M	150.2M	117.3M	91.4M
Retained Earnings	12.2M	66.5M	69.6M	50.2M	52.3M	37.3M
Accounts Payable	16.2M	81.8M	122.6M	170.6M	163.2M	84.9M
Non Current Assets Total	129.6M	345.6M	322.6M	368.6M	359.3M	272.1M
Non Currrent Assets Other	(129.6M)	14.8M	(2.1M)	16.6M	(1.0)	(1.05)
Net Receivables	36.4M	149.5M	187.0M	211.4M	212.6M	136.6M
Common Stock Shares Outstanding	64.9M	51.4M	65.4M	65.5M	65.2M	51.8M
Liabilities And Stockholders Equity	174.8M	513.5M	531.5M	611.4M	607.1M	531.1M
Non Current Liabilities Total	4.1M	112.3M	90.0M	126.4M	134.1M	111.4M
Inventory	4.5M	12.4M	17.0M	26.0M	28.7M	14.8M
Other Current Assets	1.8M	32.1M	30.0M	5.3M	6.5M	11.4M
Other Stockholder Equity	(755K)	354K	1.2M	2.2M	3.3M	6.2M
Total Liab	29.7M	212.5M	227.2M	324.4M	320.1M	210.4M
Total Current Assets	45.2M	168.0M	208.9M	242.8M	247.7M	156.9M
Short Term Debt	6.1M	7.2M	7.3M	7.8M	8.0M	4.7M
Common Stock	131.5M	232.3M	233.5M	234.0M	231.1M	199.1M
Other Assets	0.0	5.7M	1.1M	11.6M	1.0	0.95
Long Term Debt	0.0	85.4M	65.3M	94.0M	89.6M	70.6M
Good Will	20.5M	24.8M	98.6M	128.6M	130.4M	85.3M
Long Term Debt Total	30.9M	1.1M	104.3M	83.0M	95.5M	67.4M
Capital Surpluse	17.2M	0.0	354K	1.2M	1.1M	1.0M
Intangible Assets	21.1M	23.5M	21.8M	35.4M	31.0M	22.5M
Property Plant Equipment	9.9M	206.1M	184.0M	180.0M	162.0M	149.3M
Other Liab	3.1M	8.0M	7.0M	12.1M	13.9M	14.6M
Net Tangible Assets	24.0M	177.1M	184.0M	122.8M	141.2M	112.7M
Cash	2.6M	(26.1M)	(25.1M)	(28.1M)	(25.3M)	(24.0M)
Cash And Short Term Investments	2.6M	(26.1M)	(25.1M)	(28.1M)	1.0	1.05

Pair Trading with Dexterra

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dexterra position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dexterra will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Dexterra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dexterra when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dexterra - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dexterra Group to buy it.

The correlation of Dexterra is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dexterra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dexterra Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Dexterra can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Dexterra Stock

Balance Sheet is a snapshot of the financial position of Dexterra Group at a specified time, usually calculated after every quarter, six months, or one year. Dexterra Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dexterra 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 Dexterra currently owns. An asset can also be divided into two categories, current and non-current.

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Dexterra Net Debt vs Current Deferred Revenue Analysis

Net Debt vs Current Deferred Revenue

Net Debt vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Net Debt

Current Deferred Revenue

Dexterra fundamental ratios Correlations

Dexterra Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dexterra fundamental ratios Accounts

Pair Trading with Dexterra

Other Information on Investing in Dexterra Stock

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Accounts Payable	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Net Receivables
Net Debt	+ 0.98	Short Long Term Debt Total
Total Current Assets	+ 0.98	Total Current Liabilities
Total Current Assets	+ 0.98	Accounts Payable
Short Term Debt	+ 0.98	Common Stock Shares Outstanding

Short Term Debt	- 0.95	Other Stockholder Equity
Good Will	- 0.94	Other Stockholder Equity
Other Stockholder Equity	- 0.94	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.94	Property Plant And Equipment Net
Good Will	- 0.89	Property Plant And Equipment Net
Short Term Debt	- 0.89	Property Plant And Equipment Net