Diversified Income Before Tax vs Net Income From Continuing Ops Analysis

DEC Stock   1,259  26.00  2.11%   
Diversified Energy financial indicator trend analysis is much more than just examining Diversified Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diversified Energy is a good investment. Please check the relationship between Diversified Energy Income Before Tax and its Net Income From Continuing Ops accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diversified Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Diversified Stock refer to our How to Trade Diversified Stock guide.

Income Before Tax vs Net Income From Continuing Ops

Income Before Tax vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diversified Energy Income Before Tax account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have totally related.
The correlation between Diversified Energy's Income Before Tax and Net Income From Continuing Ops is 1.0. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Diversified Energy, assuming nothing else is changed. The correlation between historical values of Diversified Energy's Income Before Tax and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Diversified Energy are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Before Tax i.e., Diversified Energy's Income Before Tax and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Diversified Energy income statement and is an important metric when analyzing Diversified Energy profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Income From Continuing Ops

Most indicators from Diversified Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diversified Energy 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 Diversified Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Diversified Stock refer to our How to Trade Diversified Stock guide.At present, Diversified Energy's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense51.1M102.2M134.2M140.9M
Depreciation And Amortization167.6M222.3M224.5M235.8M

Diversified Energy fundamental ratios Correlations

0.990.820.910.531.00.930.99-0.740.870.421.00.670.420.620.990.810.980.970.980.840.940.90.940.850.98
0.990.810.920.440.980.91.0-0.790.870.390.990.740.390.550.990.820.970.980.970.90.90.880.910.90.96
0.820.810.950.120.790.640.81-0.890.990.550.810.370.550.670.870.430.710.90.870.760.770.970.850.710.85
0.910.920.950.140.880.740.92-0.940.960.490.90.610.490.560.960.620.820.980.950.910.790.950.850.880.89
0.530.440.120.140.580.690.440.170.180.10.540.180.10.510.390.550.650.330.410.070.680.310.590.130.54
1.00.980.790.880.580.940.98-0.690.840.411.00.660.410.630.970.820.990.960.960.810.940.880.940.830.97
0.930.90.640.740.690.940.9-0.530.70.520.930.610.520.610.880.820.960.850.870.70.910.760.850.720.9
0.991.00.810.920.440.980.9-0.790.870.380.990.740.380.550.990.820.970.980.970.90.90.880.910.910.96
-0.74-0.79-0.89-0.940.17-0.69-0.53-0.79-0.9-0.42-0.73-0.6-0.42-0.35-0.84-0.47-0.62-0.87-0.8-0.92-0.58-0.82-0.65-0.86-0.73
0.870.870.990.960.180.840.70.87-0.90.490.860.440.490.680.910.510.770.930.90.820.830.980.890.760.91
0.420.390.550.490.10.410.520.38-0.420.490.410.121.00.380.430.160.360.450.490.270.40.550.380.320.42
1.00.990.810.90.541.00.930.99-0.730.860.410.670.410.630.980.80.990.970.970.840.940.90.940.840.98
0.670.740.370.610.180.660.610.74-0.60.440.120.670.12-0.150.70.840.680.680.680.80.50.450.450.910.59
0.420.390.550.490.10.410.520.38-0.420.491.00.410.120.380.430.160.360.450.490.270.40.550.380.320.42
0.620.550.670.560.510.630.610.55-0.350.680.380.63-0.150.380.580.210.60.580.570.310.730.70.770.180.69
0.990.990.870.960.390.970.880.99-0.840.910.430.980.70.430.580.770.951.00.980.910.890.920.920.90.96
0.810.820.430.620.550.820.820.82-0.470.510.160.80.840.160.210.770.850.740.790.710.720.550.650.80.74
0.980.970.710.820.650.990.960.97-0.620.770.360.990.680.360.60.950.850.920.940.780.940.820.920.810.95
0.970.980.90.980.330.960.850.98-0.870.930.450.970.680.450.581.00.740.920.980.910.870.930.910.90.95
0.980.970.870.950.410.960.870.97-0.80.90.490.970.680.490.570.980.790.940.980.850.890.930.910.880.95
0.840.90.760.910.070.810.70.9-0.920.820.270.840.80.270.310.910.710.780.910.850.680.760.70.950.81
0.940.90.770.790.680.940.910.9-0.580.830.40.940.50.40.730.890.720.940.870.890.680.880.970.680.98
0.90.880.970.950.310.880.760.88-0.820.980.550.90.450.550.70.920.550.820.930.930.760.880.930.740.93
0.940.910.850.850.590.940.850.91-0.650.890.380.940.450.380.770.920.650.920.910.910.70.970.930.690.98
0.850.90.710.880.130.830.720.91-0.860.760.320.840.910.320.180.90.80.810.90.880.950.680.740.690.79
0.980.960.850.890.540.970.90.96-0.730.910.420.980.590.420.690.960.740.950.950.950.810.980.930.980.79
Click cells to compare fundamentals

Diversified Energy Account Relationship Matchups

Diversified Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.3B3.5B3.8B3.5B3.6B
Short Long Term Debt Total624.3M736.1M1.0B1.5B1.3B1.4B
Other Current Liab66.3M89.3M589.9M718.9M327.3M183.6M
Total Current Liabilities126.9M196.5M773.6M1.1B638.4M670.4M
Total Stockholder Equity938.1M886.7M647.4M(152.7M)585.8M373.2M
Property Plant And Equipment Net1.8B2.1B2.9B3.0B2.9B3.1B
Net Debt622.7M734.7M1.0B1.5B1.3B1.4B
Retained Earnings164.8M27.2M(431.3M)(1.1B)(547.3M)(519.9M)
Accounts Payable16.7M19.2M61.6M90.4M49.5M25.8M
Cash1.7M1.4M12.6M7.3M3.8M4.4M
Non Current Assets Total1.8B2.2B3.2B3.5B3.2B3.3B
Non Currrent Assets Other(3.2M)2.4M3.6M65.8M196.0M205.8M
Cash And Short Term Investments1.7M1.4M12.6M7.3M3.8M4.4M
Common Stock Shares Outstanding644.8M688.3M793.5M844.1M47.5M45.1M
Liabilities And Stockholders Equity2.0B2.3B3.5B3.8B3.5B3.6B
Non Current Liabilities Total941.0M1.2B2.1B2.8B2.2B2.3B
Other Current Assets79.6M19.8M32.2M40.9M102.8M107.9M
Other Stockholder Equity760.5M841.2M984.4M969.8M1.1B1.2B
Total Liab1.1B1.4B2.8B4.0B2.9B3.0B
Total Current Assets160.4M94.5M337.1M354.2M304.6M319.8M
Short Term Debt24.5M70.0M68.4M280.4M211.4M222.0M
Common Stock8.8M9.5M11.6M11.5M12.9M6.6M
Net Receivables73.9M67.0M282.9M296.8M190.2M111.0M
Inventory5.2M6.3M9.4M9.2M7.8M4.9M
Accumulated Other Comprehensive Income3.9M8.8M14.2M17.6M14.4M15.2M
Other Assets12.6M39.8M198.9M436.9M502.5M527.6M
Long Term Debt598.8M652.3M951.5M1.2B1.1B689.0M
Property Plant Equipment1.8B2.1B2.9B3.0B3.5B1.8B
Other Liab341.2M541.4M1.1B1.6B1.9B2.0B
Net Tangible Assets922.2M867.4M633.3M(173.8M)(156.4M)(148.6M)
Capital Lease Obligations1.8M18.9M27.8M28.9M31.1M17.8M
Net Invested Capital1.6B1.6B1.7B1.3B1.9B1.5B
Short Long Term Debt23.7M65.0M58.8M271.1M200.8M210.9M
Non Current Liabilities Other2.3M11.0M7.8M5.4M2.2M2.1M
Net Working Capital33.5M(102.0M)(436.5M)(777.4M)(333.8M)(350.5M)
Capital Stock8.8M9.5M11.6M11.5M12.9M11.3M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Diversified Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Diversified Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Diversified Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Diversified Energy Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diversified Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Diversified Stock refer to our How to Trade Diversified Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Please note, there is a significant difference between Diversified Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diversified Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diversified Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.