DIAMINES Other Current Liab vs Total Assets 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 Liab and its Total Assets 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 Liab vs Total Assets

Other Current Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DIAMINES AND CHEMICALS Other Current Liab account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between DIAMINES AND's Other Current Liab and Total Assets is 0.6. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Assets 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 Liab and Total Assets 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 Liab of DIAMINES AND CHEMICALS are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Liab i.e., DIAMINES AND's Other Current Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Total Assets

Total assets refers to the total amount of DIAMINES AND 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 DIAMINES AND CHEMICALS 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.
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

0.60.910.991.00.791.00.84-0.810.980.7-0.60.290.71-0.410.440.80.950.870.980.970.70.34-0.6-0.60.61
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.