Delek Accumulated Depreciation vs Deferred Long Term Liab Analysis

DKL Stock  USD 39.51  0.65  1.67%   
Delek Logistics financial indicator trend analysis is much more than just examining Delek Logistics Partners latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Delek Logistics Partners is a good investment. Please check the relationship between Delek Logistics Accumulated Depreciation and its Deferred Long Term Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delek Logistics Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

Accumulated Depreciation vs Deferred Long Term Liab

Accumulated Depreciation vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Delek Logistics Partners Accumulated Depreciation account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Delek Logistics' Accumulated Depreciation and Deferred Long Term Liab is -0.65. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Delek Logistics Partners, assuming nothing else is changed. The correlation between historical values of Delek Logistics' Accumulated Depreciation and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of Delek Logistics Partners are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Accumulated Depreciation i.e., Delek Logistics' Accumulated Depreciation and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Delek Logistics Partners fixed asset that has been charged to Delek Logistics expense since that asset was acquired and made available for Delek Logistics use. The accumulated depreciation account is Delek Logistics Partners asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Delek Logistics Partners.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Delek Logistics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Delek Logistics Partners 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 Delek Logistics Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
At this time, Delek Logistics' Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 14.01 this year, although the value of Tax Provision will most likely fall to about 268.5 K.
 2021 2022 2023 2024 (projected)
Interest Expense50.2M82.3M143.2M150.4M
Depreciation And Amortization74.7M34.8M100.3M105.3M

Delek Logistics fundamental ratios Correlations

0.370.66-0.790.720.420.361.00.660.82-0.740.421.00.980.980.990.990.480.990.081.0-0.620.080.730.99-0.64
0.370.65-0.320.52-0.020.190.350.230.68-0.430.150.370.340.280.350.310.120.350.220.380.070.22-0.070.36-0.89
0.660.65-0.340.490.61-0.010.620.530.86-0.450.290.630.680.640.610.660.250.610.150.66-0.270.150.450.61-0.67
-0.79-0.32-0.34-0.820.03-0.5-0.85-0.45-0.590.72-0.49-0.84-0.79-0.71-0.85-0.72-0.72-0.850.12-0.810.390.11-0.34-0.850.57
0.720.520.49-0.82-0.010.630.750.480.71-0.580.380.760.670.610.750.620.640.750.120.72-0.170.130.130.76-0.71
0.42-0.020.610.03-0.01-0.290.360.70.38-0.070.380.360.460.440.360.470.010.350.210.41-0.140.210.540.350.02
0.360.19-0.01-0.50.63-0.290.390.130.35-0.48-0.070.390.330.240.40.280.370.40.020.370.030.02-0.110.4-0.42
1.00.350.62-0.850.750.360.390.640.79-0.750.441.00.980.961.00.970.531.00.041.0-0.610.050.691.0-0.63
0.660.230.53-0.450.480.70.130.640.58-0.470.710.640.640.590.640.650.260.640.190.650.020.190.370.64-0.35
0.820.680.86-0.590.710.380.350.790.58-0.730.250.80.790.770.790.810.310.790.080.83-0.350.080.480.79-0.85
-0.74-0.43-0.450.72-0.58-0.07-0.48-0.75-0.47-0.73-0.26-0.75-0.76-0.69-0.75-0.73-0.42-0.760.03-0.760.370.02-0.44-0.760.64
0.420.150.29-0.490.380.38-0.070.440.710.25-0.260.440.410.330.440.360.160.44-0.090.420.14-0.090.120.44-0.23
1.00.370.63-0.840.760.360.391.00.640.8-0.750.440.980.961.00.970.521.00.051.0-0.610.060.691.0-0.64
0.980.340.68-0.790.670.460.330.980.640.79-0.760.410.980.950.980.970.540.980.090.98-0.620.10.730.98-0.57
0.980.280.64-0.710.610.440.240.960.590.77-0.690.330.960.950.960.990.40.960.050.97-0.740.050.840.96-0.56
0.990.350.61-0.850.750.360.41.00.640.79-0.750.441.00.980.960.970.521.00.041.0-0.610.050.71.0-0.63
0.990.310.66-0.720.620.470.280.970.650.81-0.730.360.970.970.990.970.40.970.040.98-0.690.050.820.97-0.58
0.480.120.25-0.720.640.010.370.530.260.31-0.420.160.520.540.40.520.40.520.090.48-0.210.090.110.53-0.2
0.990.350.61-0.850.750.350.41.00.640.79-0.760.441.00.980.961.00.970.520.041.0-0.610.040.71.0-0.63
0.080.220.150.120.120.210.020.040.190.080.03-0.090.050.090.050.040.040.090.040.060.051.00.010.050.0
1.00.380.66-0.810.720.410.371.00.650.83-0.760.421.00.980.971.00.980.481.00.06-0.610.060.720.99-0.65
-0.620.07-0.270.39-0.17-0.140.03-0.610.02-0.350.370.14-0.61-0.62-0.74-0.61-0.69-0.21-0.610.05-0.610.05-0.87-0.60.16
0.080.220.150.110.130.210.020.050.190.080.02-0.090.060.10.050.050.050.090.041.00.060.050.010.050.0
0.73-0.070.45-0.340.130.54-0.110.690.370.48-0.440.120.690.730.840.70.820.110.70.010.72-0.870.010.69-0.16
0.990.360.61-0.850.760.350.41.00.640.79-0.760.441.00.980.961.00.970.531.00.050.99-0.60.050.69-0.63
-0.64-0.89-0.670.57-0.710.02-0.42-0.63-0.35-0.850.64-0.23-0.64-0.57-0.56-0.63-0.58-0.2-0.630.0-0.650.160.0-0.16-0.63
Click cells to compare fundamentals

Delek Logistics Account Relationship Matchups

Delek Logistics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets744.4M956.4M935.1M1.7B1.6B1.7B
Other Current Liab21.2M13.0M81.8M25.8M17.3M15.9M
Total Current Liabilities35.1M28.3M96.8M106.2M90.6M52.5M
Total Stockholder Equity(151.1M)(108.3M)(104.0M)(110.7M)(161.9M)(153.8M)
Other Liab25.1M28.7M29.2M24.8M28.6M18.3M
Accounts Payable12.5M6.7M8.2M57.4M26.3M21.6M
Other Assets24.0M98.8M25.6M16.4M18.9M19.1M
Long Term Debt833.1M992.3M899.0M1.6B1.7B1.8B
Common Stock Shares Outstanding24.4M33.6M43.5M43.5M43.6M31.9M
Inventory12.6M3.1M2.4M1.5M2.3M2.2M
Other Current Assets2.2M331K951K2.5M676K1.1M
Total Liab895.6M1.1B1.0B1.8B1.8B1.9B
Intangible Assets131.0M160.1M153.9M364.8M343.0M360.2M
Property Plant Equipment295.0M464.8M470.3M948.8M1.1B1.1B
Short Long Term Debt Total836.9M1.0B919.9M1.7B1.7B1.8B
Property Plant And Equipment Net298.8M489.0M470.3M948.8M955.2M1.0B
Net Debt831.3M1.0B915.6M1.7B1.7B1.8B
Cash5.5M4.2M4.3M8.0M3.8M3.8M
Non Current Assets Total710.9M927.1M912.0M1.6B1.6B1.6B
Non Currrent Assets Other21.9M12.1M25.6M16.4M(147.5M)(140.1M)
Cash And Short Term Investments5.5M4.2M4.3M8.0M3.8M4.1M
Net Receivables13.2M21.6M15.4M53.3M69.6M73.1M
Liabilities And Stockholders Equity744.4M956.4M935.1M1.7B1.6B1.7B
Non Current Liabilities Total860.5M1.0B942.2M1.7B1.7B1.8B
Other Stockholder Equity(5.0M)(108.3M)(430.5M)(110.7M)(99.6M)(94.6M)
Property Plant And Equipment Gross298.8M489.0M449.4M924.0M1.3B1.4B
Total Current Assets33.6M29.3M23.0M65.2M76.3M50.1M
Short Term Debt1.4M8.7M6.8M23.0M36.7M38.5M
Common Stock(146.1M)(108.3M)(104.0M)(110.7M)(99.6M)(94.6M)
Net Tangible Assets(151.1M)(108.3M)(270.1M)(110.7M)(99.6M)(104.6M)
Long Term Debt Total833.1M992.3M899.0M1.6B1.9B2.0B
Non Current Liabilities Other27.2M43.5M43.3M15.8M21.4M23.9M
Long Term Investments247.0M253.7M250.0M257.0M241.3M176.2M

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When determining whether Delek Logistics Partners is a strong investment it is important to analyze Delek Logistics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Delek Logistics' future performance. For an informed investment choice regarding Delek Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delek Logistics Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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Is Delek Logistics' 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 Delek Logistics. If investors know Delek 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 Delek Logistics 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
(0.15)
Dividend Share
4.205
Earnings Share
2.76
Revenue Per Share
23.496
Quarterly Revenue Growth
0.035
The market value of Delek Logistics Partners is measured differently than its book value, which is the value of Delek that is recorded on the company's balance sheet. Investors also form their own opinion of Delek Logistics' value that differs from its market value or its book value, called intrinsic value, which is Delek Logistics' 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 Delek Logistics' market value can be influenced by many factors that don't directly affect Delek Logistics' 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 Delek Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Delek Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delek Logistics' 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.