Diversified Total Assets vs Non Currrent Assets Other Analysis

DEC Stock   1,268  9.00  0.71%   
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 Total Assets and its Non Currrent Assets Other 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.

Total Assets vs Non Currrent Assets Other

Total Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diversified Energy Total Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Diversified Energy's Total Assets and Non Currrent Assets Other is 0.67. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Currrent Assets Other 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 Total Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Diversified Energy are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Assets i.e., Diversified Energy's Total Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Diversified Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Diversified Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.