DHT Total Stockholder Equity vs Non Currrent Assets Other Analysis

DHT Stock  USD 8.84  0.25  2.75%   
DHT Holdings financial indicator trend analysis is much more than just examining DHT Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DHT Holdings is a good investment. Please check the relationship between DHT Holdings Total Stockholder Equity and its Non Currrent Assets Other accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DHT Holdings. 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 information on how to buy DHT Stock please use our How to Invest in DHT Holdings guide.

Total Stockholder Equity vs Non Currrent Assets Other

Total Stockholder Equity vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DHT Holdings Total Stockholder Equity account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very week relationship.
The correlation between DHT Holdings' Total Stockholder Equity and Non Currrent Assets Other is 0.29. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of DHT Holdings, assuming nothing else is changed. The correlation between historical values of DHT Holdings' Total Stockholder Equity 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 Stockholder Equity of DHT Holdings 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 Stockholder Equity i.e., DHT Holdings' Total Stockholder Equity and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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 DHT Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DHT Holdings 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 DHT Holdings. 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 information on how to buy DHT Stock please use our How to Invest in DHT Holdings guide.At this time, DHT Holdings' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 6.72 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.03 in 2024.
 2021 2022 2023 2024 (projected)
Interest Income6K1.1M4.5M4.2M
Tax Provision360K587K532K360.2K

DHT Holdings fundamental ratios Correlations

0.420.840.861.01.00.48-0.480.860.840.90.850.8-0.28-0.630.620.820.210.860.980.860.840.660.710.740.11
0.420.230.460.410.4-0.19-0.490.420.210.430.220.360.39-0.180.030.180.160.390.40.220.160.210.330.4-0.27
0.840.230.590.830.820.61-0.40.620.890.640.920.57-0.42-0.620.510.880.120.60.810.930.930.760.470.680.33
0.860.460.590.870.860.29-0.580.980.550.870.570.96-0.15-0.60.750.530.430.860.870.60.590.560.910.65-0.01
1.00.410.830.871.00.48-0.480.860.830.90.840.8-0.31-0.640.610.810.210.870.980.850.850.630.720.70.08
1.00.40.820.861.00.48-0.440.860.840.890.850.8-0.32-0.60.60.820.210.880.990.850.850.640.720.680.06
0.48-0.190.610.290.480.48-0.270.320.60.310.610.31-0.41-0.460.40.6-0.070.350.490.60.610.30.270.320.39
-0.48-0.49-0.4-0.58-0.48-0.44-0.27-0.51-0.24-0.62-0.27-0.53-0.230.78-0.4-0.2-0.24-0.27-0.43-0.41-0.33-0.23-0.32-0.6-0.17
0.860.420.620.980.860.860.32-0.510.570.850.580.96-0.19-0.550.760.550.420.880.880.60.60.650.920.62-0.01
0.840.210.890.550.830.840.6-0.240.570.561.00.52-0.47-0.50.351.00.00.560.80.980.980.550.430.60.21
0.90.430.640.870.90.890.31-0.620.850.560.580.790.0-0.750.680.530.250.810.890.630.610.560.660.710.04
0.850.220.920.570.840.850.61-0.270.581.00.580.54-0.47-0.520.380.990.020.570.810.980.980.590.440.620.23
0.80.360.570.960.80.80.31-0.530.960.520.790.54-0.22-0.540.830.510.490.840.830.570.560.580.940.6-0.06
-0.280.39-0.42-0.15-0.31-0.32-0.41-0.23-0.19-0.470.0-0.47-0.22-0.1-0.13-0.49-0.29-0.32-0.3-0.43-0.51-0.23-0.310.080.01
-0.63-0.18-0.62-0.6-0.64-0.6-0.460.78-0.55-0.5-0.75-0.52-0.54-0.1-0.58-0.46-0.12-0.34-0.6-0.64-0.59-0.37-0.32-0.64-0.47
0.620.030.510.750.610.60.4-0.40.760.350.680.380.83-0.13-0.580.340.350.670.650.420.410.560.730.570.2
0.820.180.880.530.810.820.6-0.20.551.00.530.990.51-0.49-0.460.340.00.540.780.970.970.550.420.580.21
0.210.160.120.430.210.21-0.07-0.240.420.00.250.020.49-0.29-0.120.350.00.310.260.050.050.20.480.22-0.14
0.860.390.60.860.870.880.35-0.270.880.560.810.570.84-0.32-0.340.670.540.310.910.540.570.620.880.48-0.13
0.980.40.810.870.980.990.49-0.430.880.80.890.810.83-0.3-0.60.650.780.260.910.80.810.680.780.660.05
0.860.220.930.60.850.850.6-0.410.60.980.630.980.57-0.43-0.640.420.970.050.540.80.990.570.430.670.29
0.840.160.930.590.850.850.61-0.330.60.980.610.980.56-0.51-0.590.410.970.050.570.810.990.590.460.570.25
0.660.210.760.560.630.640.3-0.230.650.550.560.590.58-0.23-0.370.560.550.20.620.680.570.590.580.640.29
0.710.330.470.910.720.720.27-0.320.920.430.660.440.94-0.31-0.320.730.420.480.880.780.430.460.580.41-0.14
0.740.40.680.650.70.680.32-0.60.620.60.710.620.60.08-0.640.570.580.220.480.660.670.570.640.410.38
0.11-0.270.33-0.010.080.060.39-0.17-0.010.210.040.23-0.060.01-0.470.20.21-0.14-0.130.050.290.250.29-0.140.38
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DHT Holdings Account Relationship Matchups

DHT Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.6B1.6B1.5B1.5B992.1M
Other Current Liab21.0M25.5M16.2M16.0M11.3M11.4M
Total Current Liabilities130.2M47.9M41.9M64.4M56.6M46.9M
Total Stockholder Equity932.4M1.1B1.0B1.1B1.0B1.1B
Property Plant And Equipment Net1.6B1.5B1.5B1.3B1.3B864.0M
Non Current Assets Total1.6B1.5B1.5B1.3B1.3B879.6M
Other Assets0.011.7M17.3M4.6M4.1M3.9M
Common Stock Shares Outstanding168.2M170.1M169.1M164.9M162.4M170.5M
Liabilities And Stockholders Equity1.8B1.6B1.6B1.5B1.5B992.1M
Non Current Liabilities Total764.5M465.1M520.1M370.6M404.0M451.5M
Other Stockholder Equity1.2B1.3B1.3B1.2B1.2B654.1M
Total Liab894.8M513.0M562.0M435.0M460.6M498.4M
Property Plant And Equipment Gross1.6B1.5B2.2B2.0B2.1B2.2B
Other Liab2.7M4.0M3.3M3.5M3.2M2.2M
Retained Earnings(240.2M)(188.7M)(222.4M)(180.7M)(206.5M)(196.2M)
Accounts Payable7.9M2.8M11.1M14.6M9.2M9.7M
Long Term Debt750.6M446.6M512.5M367.1M398.4M461.3M
Other Current Assets4.2M7.7M7.6M17.1M16.1M16.9M
Common Stock1.5M1.7M1.7M1.6M1.6M964.1K
Property Plant Equipment1.6B1.5B1.5B1.3B1.5B902.0M
Short Long Term Debt Total853.2M450.0M522.3M396.7M430.1M488.0M
Net Debt783.6M381.3M461.6M270.7M355.4M406.1M
Net Receivables107.8M30.1M30.4M59.5M75.8M38.0M
Common Stock Total Equity1.4M1.4M1.5M1.7M2.0M2.1M
Total Current Assets218.3M118.3M132.0M235.6M200.5M135.1M
Accumulated Other Comprehensive Income1.6M4.4M4.1M3.8M3.8M4.0M
Short Term Debt100.4M3.4M9.8M29.6M31.7M42.5M
Current Deferred Revenue930K16.2M4.9M4.2M4.4M6.7M
Cash67.4M68.6M60.7M125.9M74.7M86.1M
Cash And Short Term Investments67.4M68.6M60.7M125.9M74.7M86.1M
Inventory34.1M11.9M33.4M33.1M33.8M19.1M
Net Tangible Assets931.0M1.1B1.0B1.1B1.2B912.9M
Long Term Investments4.0M4.4M4.8M5.2M5.4M0.0
Short Long Term Debt100.4M3.4M9.8M29.6M30.3M44.9M
Long Term Debt Total873.5M752.8M446.6M512.5M461.3M521.0M
Capital Surpluse1.1B1.2B1.3B1.3B1.5B1.2B
Intangible Assets3.4M2.4M1.4M452K406.8K386.5K
Non Current Liabilities Other2.7M4.0M3.3M3.5M5.5M5.8M
Cash And Equivalents94.3M67.4M68.6M60.7M54.6M57.1M

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Additional Tools for DHT Stock Analysis

When running DHT Holdings' price analysis, check to measure DHT Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DHT Holdings is operating at the current time. Most of DHT Holdings' value examination focuses on studying past and present price action to predict the probability of DHT Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DHT Holdings' price. Additionally, you may evaluate how the addition of DHT Holdings to your portfolios can decrease your overall portfolio volatility.