DHI Other Non Cash Items vs Depreciation Analysis

DHI Stock  USD 169.43  0.72  0.43%   
DR Horton financial indicator trend analysis is much more than just examining DR Horton latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DR Horton is a good investment. Please check the relationship between DR Horton Other Non Cash Items and its Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DR Horton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in DHI Stock please use our How to Invest in DR Horton guide.

Other Non Cash Items vs Depreciation

Other Non Cash Items vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DR Horton Other Non Cash Items account and Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between DR Horton's Other Non Cash Items and Depreciation is 0.04. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Depreciation in the same time period over historical financial statements of DR Horton, assuming nothing else is changed. The correlation between historical values of DR Horton's Other Non Cash Items and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of DR Horton are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Other Non Cash Items i.e., DR Horton's Other Non Cash Items and Depreciation go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Non Cash Items

Depreciation

Depreciation indicates how much of DR Horton value has been used up. For tax purposes DR Horton can deduct the cost of the tangible assets it purchases as business expenses. However, DR Horton must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from DR Horton's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DR Horton 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 DR Horton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in DHI Stock please use our How to Invest in DR Horton guide.As of now, DR Horton's Enterprise Value Multiple is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit10.5B9.4B9.5B10.0B
Total Revenue33.5B35.5B36.8B38.6B

DR Horton fundamental ratios Correlations

0.180.911.00.60.180.980.980.960.540.320.95-0.680.921.00.86-0.740.97-0.211.00.76-0.490.410.540.560.76
0.180.090.11-0.010.780.050.240.090.32-0.010.08-0.690.320.190.080.250.360.270.190.540.290.00.740.740.1
0.910.090.910.50.070.930.840.90.260.160.91-0.670.820.890.8-0.830.85-0.350.880.58-0.520.60.410.430.82
1.00.110.910.620.110.990.960.960.50.320.95-0.640.910.990.84-0.780.94-0.220.990.72-0.510.460.50.510.74
0.6-0.010.50.62-0.180.590.560.660.2-0.080.65-0.470.570.590.31-0.320.510.190.590.36-0.180.280.470.480.15
0.180.780.070.11-0.180.040.290.00.42-0.07-0.01-0.540.350.210.250.250.390.310.20.480.31-0.240.540.540.3
0.980.050.930.990.590.040.930.950.440.310.95-0.580.890.980.84-0.850.91-0.290.970.66-0.560.520.410.420.76
0.980.240.840.960.560.290.930.920.620.310.91-0.690.920.980.86-0.630.98-0.160.990.83-0.440.260.610.620.76
0.960.090.90.960.660.00.950.920.420.281.0-0.650.880.940.77-0.750.91-0.330.950.7-0.540.450.490.510.71
0.540.320.260.50.20.420.440.620.420.630.41-0.450.370.540.62-0.090.630.00.590.7-0.23-0.290.490.490.16
0.32-0.010.160.32-0.08-0.070.310.310.280.630.29-0.160.070.320.27-0.220.31-0.220.360.35-0.190.030.150.15-0.01
0.950.080.910.950.65-0.010.950.911.00.410.29-0.660.860.930.77-0.750.9-0.340.940.69-0.550.450.490.50.71
-0.68-0.69-0.67-0.64-0.47-0.54-0.58-0.69-0.65-0.45-0.16-0.66-0.69-0.68-0.470.21-0.77-0.09-0.68-0.7-0.02-0.31-0.86-0.87-0.45
0.920.320.820.910.570.350.890.920.880.370.070.86-0.690.930.71-0.650.93-0.120.910.73-0.340.430.570.580.79
1.00.190.890.990.590.210.980.980.940.540.320.93-0.680.930.85-0.730.97-0.171.00.76-0.460.40.550.570.76
0.860.080.80.840.310.250.840.860.770.620.270.77-0.470.710.85-0.70.86-0.350.860.72-0.670.150.330.340.78
-0.740.25-0.83-0.78-0.320.25-0.85-0.63-0.75-0.09-0.22-0.750.21-0.65-0.73-0.7-0.610.59-0.71-0.320.7-0.690.060.05-0.7
0.970.360.850.940.510.390.910.980.910.630.310.9-0.770.930.970.86-0.61-0.180.970.86-0.420.280.650.660.77
-0.210.27-0.35-0.220.190.31-0.29-0.16-0.330.0-0.22-0.34-0.09-0.12-0.17-0.350.59-0.18-0.19-0.090.57-0.350.340.34-0.32
1.00.190.880.990.590.20.970.990.950.590.360.94-0.680.911.00.86-0.710.97-0.190.79-0.490.360.560.580.74
0.760.540.580.720.360.480.660.830.70.70.350.69-0.70.730.760.72-0.320.86-0.090.79-0.29-0.040.790.790.56
-0.490.29-0.52-0.51-0.180.31-0.56-0.44-0.54-0.23-0.19-0.55-0.02-0.34-0.46-0.670.7-0.420.57-0.49-0.29-0.150.190.18-0.5
0.410.00.60.460.28-0.240.520.260.45-0.290.030.45-0.310.430.40.15-0.690.28-0.350.36-0.04-0.15-0.010.010.32
0.540.740.410.50.470.540.410.610.490.490.150.49-0.860.570.550.330.060.650.340.560.790.19-0.011.00.27
0.560.740.430.510.480.540.420.620.510.490.150.5-0.870.580.570.340.050.660.340.580.790.180.011.00.28
0.760.10.820.740.150.30.760.760.710.16-0.010.71-0.450.790.760.78-0.70.77-0.320.740.56-0.50.320.270.28
Click cells to compare fundamentals

DR Horton Account Relationship Matchups

DR Horton fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.9B24.0B30.4B32.6B36.1B37.9B
Short Long Term Debt Total4.3B5.4B6.1B5.1B5.9B3.9B
Total Current Liabilities2.5B3.4B4.5B4.4B7.3B7.6B
Total Stockholder Equity11.8B14.9B19.4B22.7B25.3B26.6B
Property Plant And Equipment Net683.7M114.6M152.8M445.4M531M557.6M
Net Debt1.3B2.2B3.5B1.2B1.5B1.9B
Retained Earnings9.8B13.6B19.2B23.6B28.0B29.3B
Accounts Payable900.5M1.2B1.4B1.2B1.3B1.4B
Cash3.0B3.2B2.5B3.9B4.5B4.7B
Non Current Assets Total2.1B2.3B3.7B3.8B694.5M1.3B
Non Currrent Assets Other(688.5M)1.6B515.2M3.4B(167.5M)(159.1M)
Cash And Short Term Investments3.0B3.2B2.5B3.9B4.5B4.7B
Common Stock Shares Outstanding370.2M365.8M354.8M343.3M331.6M322.0M
Liabilities And Stockholders Equity18.9B24.0B30.4B32.6B36.1B37.9B
Non Current Liabilities Total4.3B5.4B6.1B5.1B8.2B8.7B
Inventory12.2B16.5B21.7B22.4B24.9B26.1B
Other Current Assets1.3B1.7B4.2B2.1B2.5B2.6B
Other Stockholder Equity2.1B1.2B207M(897.6M)(2.6B)(2.5B)
Total Liab6.8B8.8B10.6B9.4B10.3B10.8B
Property Plant And Equipment Gross104.4M114.6M152.8M64.6M70M120.0M
Total Current Assets16.8B21.7B26.6B28.8B29.4B30.9B
Short Term Debt4.3B5.4B6.1B5.1B5.9B3.0B
Other Current Liab(2.8B)(3.4B)(3.2B)3.1B5.8B6.1B
Other Assets201M5.1B5.4B213.7M6.0B6.3B
Long Term Debt4.3B5.4B6.1B5.1B5.9B3.7B
Treasury Stock(802.2M)(1.2B)(2.0B)(3.1B)(2.8B)(2.7B)
Property Plant Equipment683.7M392.9M471.6M445.4M512.2M537.8M
Other Liab685.5M871.3M1.3B1.2B1.0B618.4M
Current Deferred Revenue93.1M193.4M224.2M(5.1B)(4.6B)(4.4B)
Net Receivables271.4M321.7M423.1M426.9M421.4M293.3M
Net Tangible Assets11.7B14.7B19.2B22.5B25.9B27.2B

Currently Active Assets on Macroaxis

When determining whether DR Horton offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DR Horton'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 Dr Horton Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dr Horton Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DR Horton. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in DHI Stock please use our How to Invest in DR Horton guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DR Horton. If investors know DHI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DR Horton listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
1.2
Earnings Share
14.33
Revenue Per Share
111.689
Quarterly Revenue Growth
(0.05)
The market value of DR Horton is measured differently than its book value, which is the value of DHI that is recorded on the company's balance sheet. Investors also form their own opinion of DR Horton's value that differs from its market value or its book value, called intrinsic value, which is DR Horton's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DR Horton's market value can be influenced by many factors that don't directly affect DR Horton's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DR Horton's value and its price as these two are different measures arrived at by different means. Investors typically determine if DR Horton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DR Horton'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.