Diamond Operating Income vs Other Operating Expenses Analysis
DHIL Stock | USD 156.00 2.67 1.68% |
Diamond Hill financial indicator trend analysis is much more than just examining Diamond Hill Investment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diamond Hill Investment is a good investment. Please check the relationship between Diamond Hill Operating Income and its Other Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Hill Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
Operating Income vs Other Operating Expenses
Operating Income vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diamond Hill Investment Operating Income account and Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Diamond Hill's Operating Income and Other Operating Expenses is 0.48. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Diamond Hill Investment, assuming nothing else is changed. The correlation between historical values of Diamond Hill's Operating Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Diamond Hill Investment are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Operating Income i.e., Diamond Hill's Operating Income and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from Diamond Hill Investment operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Diamond Hill Investment is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Diamond Hill Investment. It is also known as Diamond Hill overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most indicators from Diamond Hill's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diamond Hill Investment 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 Diamond Hill Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Diamond Hill's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.11 this year, although the value of Selling General Administrative will most likely fall to about 12.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 58.6M | 64.3M | 35.5M | 25.6M | Other Operating Expenses | 105.9M | 90.2M | 101.2M | 106.3M |
Diamond Hill fundamental ratios Correlations
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Diamond Hill Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Diamond Hill fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 272.7M | 263.1M | 286.2M | 249.8M | 232.1M | 243.7M | |
Other Current Liab | 26.6M | 28.4M | 38.0M | 32.1M | 30.3M | 28.8M | |
Total Current Liabilities | 35.3M | 36.4M | 46.6M | 41.3M | 35.7M | 33.9M | |
Total Stockholder Equity | 130.2M | 184.1M | 184.4M | 163.7M | 160.3M | 168.3M | |
Property Plant And Equipment Net | 5.7M | 6.7M | 6.1M | 4.3M | 2.6M | 2.0M | |
Net Debt | (90.1M) | (96.0M) | (78.6M) | (61.8M) | (46.2M) | (43.9M) | |
Retained Earnings | 117.3M | 118.0M | 119.3M | 129.0M | 153.5M | 161.2M | |
Accounts Payable | 8.7M | 8.0M | 8.6M | 9.2M | 5.4M | 5.8M | |
Cash | 93.2M | 98.5M | 80.6M | 63.2M | 47.0M | 31.3M | |
Non Current Assets Total | 155.6M | 143.6M | 182.6M | 164.4M | 161.9M | 170.0M | |
Cash And Short Term Investments | 187.2M | 98.5M | 191.8M | 63.2M | 47.0M | 52.9M | |
Net Receivables | 21.1M | 18.1M | 20.4M | 18.8M | 19.7M | 10.3M | |
Common Stock Total Equity | 95.9M | 80.8M | 80.4M | 51.7M | 59.4M | 56.8M | |
Common Stock Shares Outstanding | 3.4M | 3.2M | 3.2M | 3.1M | 2.9M | 2.8M | |
Liabilities And Stockholders Equity | 210.0M | 263.1M | 286.2M | 249.8M | 232.1M | 243.7M | |
Non Current Liabilities Total | 30.3M | 33.2M | 37.3M | 30.7M | 36.1M | 34.3M | |
Other Current Assets | (114.2M) | (116.5M) | (101.0M) | 3.4M | (66.7M) | (63.3M) | |
Total Liab | 65.6M | 69.6M | 84.0M | 72.0M | 71.8M | 68.2M | |
Property Plant And Equipment Gross | 5.7M | 6.7M | 13.6M | 13.2M | 12.8M | 13.4M | |
Total Current Assets | 117.1M | 119.5M | 103.5M | 85.4M | 70.2M | 66.7M | |
Common Stock | 95.9M | 80.8M | 80.4M | 51.7M | 22.2M | 21.1M | |
Non Currrent Assets Other | 2.9M | 3.0M | 2.6M | 3.4M | (2.4B) | (2.5B) | |
Other Stockholder Equity | (83.0M) | (14.7M) | (15.3M) | (17.0M) | (15.4B) | (16.2B) | |
Other Liab | 30.3M | 33.2M | 37.3M | 30.7M | 35.4M | 21.7M | |
Other Assets | 10.4M | 140.1M | 286.2M | 3.4M | (67.4B) | (64.0B) | |
Accumulated Other Comprehensive Income | (20.3M) | (14.7M) | (15.3M) | (17.0M) | (15.4M) | (14.6M) | |
Property Plant Equipment | 5.7M | 6.7M | 6.1M | 4.3M | 5.0M | 2.7M | |
Net Tangible Assets | 207.0M | 193.5M | 202.2M | 177.8M | 204.5M | 151.1M | |
Retained Earnings Total Equity | 117.3M | 118.0M | 119.3M | 129.0M | 148.3M | 155.8M | |
Deferred Long Term Liab | 30.3M | 33.2M | 37.3M | 30.7M | 35.4M | 18.0M | |
Long Term Investments | 139.4M | 128.4M | 166.7M | 145.7M | 147.7M | 111.6M | |
Warrants | 14.2M | 9.4M | 17.8M | 14.1M | 12.7M | 17.4M | |
Net Invested Capital | 192.9M | 184.1M | 184.4M | 163.7M | 160.3M | 143.2M | |
Net Working Capital | 81.8M | 83.1M | 56.9M | 44.1M | 34.5M | 48.8M | |
Capital Stock | 95.9M | 80.8M | 80.4M | 51.7M | 22.2M | 21.1M |
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Is Diamond Hill's industry 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 Diamond Hill. If investors know Diamond 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 Diamond Hill 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 0.1 | Dividend Share 6 | Earnings Share 14.74 | Revenue Per Share 47.995 | Quarterly Revenue Growth 0.068 |
The market value of Diamond Hill Investment is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Hill's value that differs from its market value or its book value, called intrinsic value, which is Diamond Hill'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 Diamond Hill's market value can be influenced by many factors that don't directly affect Diamond Hill'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 Diamond Hill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamond Hill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Hill'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.