DIAMINES Other Current Assets vs Total Stockholder Equity Analysis

DIAMINESQ   528.85  14.30  2.78%   
DIAMINES AND financial indicator trend analysis is much more than just examining DIAMINES AND CHEMICALS latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DIAMINES AND CHEMICALS is a good investment. Please check the relationship between DIAMINES AND Other Current Assets and its Total Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DIAMINES AND CHEMICALS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Other Current Assets vs Total Stockholder Equity

Other Current Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DIAMINES AND CHEMICALS Other Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between DIAMINES AND's Other Current Assets and Total Stockholder Equity is 0.97. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of DIAMINES AND CHEMICALS, assuming nothing else is changed. The correlation between historical values of DIAMINES AND's Other Current Assets and Total Stockholder Equity 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 Current Assets of DIAMINES AND CHEMICALS are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Current Assets i.e., DIAMINES AND's Other Current Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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.
Most indicators from DIAMINES AND's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DIAMINES AND CHEMICALS 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 DIAMINES AND CHEMICALS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
As of December 15, 2024, Selling General Administrative is expected to decline to about 22.9 M
 2021 2022 2023 2024 (projected)
Gross Profit384.1M827.6M531.2M591.1M
Total Revenue658.9M1.1B1.0B904.8M

DIAMINES AND fundamental ratios Correlations

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0.60.690.520.620.090.590.61-0.130.480.42-0.330.130.72-0.190.090.280.350.230.50.550.310.14-0.33-0.330.33
0.910.690.870.920.530.90.98-0.550.840.54-0.47-0.090.94-0.340.050.830.760.680.920.910.490.28-0.47-0.470.44
0.990.520.870.990.860.990.79-0.871.00.68-0.580.330.64-0.40.510.770.970.920.980.950.70.33-0.58-0.580.58
1.00.620.920.990.781.00.84-0.80.980.67-0.570.270.72-0.380.420.780.940.860.980.960.670.31-0.57-0.570.57
0.790.090.530.860.780.790.44-1.00.890.58-0.540.550.2-0.440.750.540.90.970.820.730.670.39-0.54-0.540.54
1.00.590.90.991.00.790.82-0.80.970.72-0.60.30.7-0.40.440.810.960.850.970.980.720.32-0.6-0.60.62
0.840.610.980.790.840.440.82-0.450.760.44-0.39-0.260.96-0.28-0.110.850.680.60.870.850.390.24-0.39-0.390.35
-0.81-0.13-0.55-0.87-0.8-1.0-0.8-0.45-0.9-0.60.56-0.56-0.230.46-0.76-0.54-0.91-0.98-0.83-0.75-0.69-0.410.560.56-0.56
0.980.480.841.00.980.890.970.76-0.90.62-0.530.340.6-0.370.530.730.960.950.980.920.650.31-0.53-0.530.53
0.70.420.540.680.670.580.720.44-0.60.62-0.950.570.37-0.780.550.590.730.520.590.790.990.7-0.95-0.950.98
-0.6-0.33-0.47-0.58-0.57-0.54-0.6-0.390.56-0.53-0.95-0.52-0.330.94-0.51-0.49-0.61-0.49-0.53-0.69-0.94-0.891.01.0-0.99
0.290.13-0.090.330.270.550.3-0.26-0.560.340.57-0.52-0.36-0.410.95-0.150.420.40.170.240.630.35-0.52-0.520.58
0.710.720.940.640.720.20.70.96-0.230.60.37-0.33-0.36-0.25-0.270.740.490.390.730.730.280.21-0.33-0.330.29
-0.41-0.19-0.34-0.4-0.38-0.44-0.4-0.280.46-0.37-0.780.94-0.41-0.25-0.41-0.31-0.41-0.4-0.39-0.49-0.78-0.990.940.94-0.88
0.440.090.050.510.420.750.44-0.11-0.760.530.55-0.510.95-0.27-0.41-0.010.580.630.370.350.630.36-0.51-0.510.55
0.80.280.830.770.780.540.810.85-0.540.730.59-0.49-0.150.74-0.31-0.010.790.60.80.880.580.24-0.49-0.490.49
0.950.350.760.970.940.90.960.68-0.910.960.73-0.610.420.49-0.410.580.790.910.920.940.780.33-0.61-0.610.64
0.870.230.680.920.860.970.850.6-0.980.950.52-0.490.40.39-0.40.630.60.910.910.790.60.36-0.49-0.490.47
0.980.50.920.980.980.820.970.87-0.830.980.59-0.530.170.73-0.390.370.80.920.910.940.610.33-0.53-0.530.51
0.970.550.910.950.960.730.980.85-0.750.920.79-0.690.240.73-0.490.350.880.940.790.940.780.41-0.69-0.690.7
0.70.310.490.70.670.670.720.39-0.690.650.99-0.940.630.28-0.780.630.580.780.60.610.780.7-0.94-0.940.97
0.340.140.280.330.310.390.320.24-0.410.310.7-0.890.350.21-0.990.360.240.330.360.330.410.7-0.89-0.890.81
-0.6-0.33-0.47-0.58-0.57-0.54-0.6-0.390.56-0.53-0.951.0-0.52-0.330.94-0.51-0.49-0.61-0.49-0.53-0.69-0.94-0.891.0-0.99
-0.6-0.33-0.47-0.58-0.57-0.54-0.6-0.390.56-0.53-0.951.0-0.52-0.330.94-0.51-0.49-0.61-0.49-0.53-0.69-0.94-0.891.0-0.99
0.610.330.440.580.570.540.620.35-0.560.530.98-0.990.580.29-0.880.550.490.640.470.510.70.970.81-0.99-0.99
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DIAMINES AND Account Relationship Matchups

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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.

Other Information on Investing in DIAMINES Stock

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