Diodes Balance Sheet Analysis From 2010 to 2024
DIOD Stock | USD 70.90 1.22 1.75% |
Diodes |
Most indicators from Diodes Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diodes Incorporated 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 Diodes Incorporated Valuation and Diodes Incorporated Correlation analysis. For information on how to trade Diodes Stock refer to our How to Trade Diodes Stock guide.At present, Diodes Incorporated's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 10.08, whereas Tax Provision is forecasted to decline to about 45.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 670.4M | 827.2M | 658.2M | 691.1M | Total Revenue | 1.8B | 2.0B | 1.7B | 1.7B |
Diodes Incorporated fundamental ratios Correlations
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Diodes Incorporated Account Relationship Matchups
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Diodes Incorporated fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6B | 2.0B | 2.2B | 2.3B | 2.4B | 2.5B | |
Other Current Liab | 296K | 13.5M | 3.7M | 191.4M | 170.8M | 179.3M | |
Net Debt | (147.5M) | 182.5M | (62.6M) | (123.1M) | (217.1M) | (206.2M) | |
Retained Earnings | 790.0M | 888.0M | 1.1B | 1.4B | 1.7B | 1.8B | |
Cash | 258.4M | 268.1M | 363.6M | 336.7M | 315.5M | 331.2M | |
Net Receivables | 260.3M | 320.1M | 358.5M | 369.2M | 371.9M | 390.5M | |
Inventory | 236.5M | 307.1M | 348.6M | 360.3M | 389.8M | 409.3M | |
Other Current Assets | 50.0M | 70.2M | 107.2M | 88.4M | 97.0M | 101.9M | |
Total Liab | 486.6M | 963.3M | 891.8M | 705.4M | 558.0M | 585.9M | |
Total Current Assets | 810.0M | 1.0B | 1.2B | 1.2B | 1.2B | 1.2B | |
Short Term Debt | 46.4M | 162.4M | 35.4M | 45.4M | 54.0M | 56.7M | |
Accounts Payable | 122.1M | 168.0M | 221.3M | 160.4M | 158.3M | 166.2M | |
Intangible Assets | 119.5M | 110.6M | 94.6M | 79.1M | 63.9M | 63.9M | |
Common Stock | 35.1M | 35.7M | 36.2M | 36.5M | 36.8M | 27.3M | |
Other Assets | 40.1M | 155.7M | 180.3M | 99.1M | 114.0M | 119.7M | |
Long Term Debt | 64.4M | 288.2M | 265.6M | 147.5M | 17.0M | 16.1M | |
Good Will | 141.3M | 158.3M | 149.9M | 144.8M | 146.6M | 139.2M | |
Other Liab | 109.2M | 165.4M | 155.2M | 104.6M | 120.3M | 86.2M | |
Net Tangible Assets | 845.6M | 694.9M | 992.8M | 1.3B | 1.5B | 1.6B | |
Long Term Debt Total | 64.4M | 288.2M | 265.6M | 147.5M | 169.6M | 239.7M |
Pair Trading with Diodes Incorporated
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Diodes Incorporated position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Diodes Incorporated will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Diodes Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diodes Incorporated when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Diodes Incorporated - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Diodes Incorporated to buy it.
The correlation of Diodes Incorporated is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Diodes Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diodes Incorporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Diodes Incorporated can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Diodes Incorporated Valuation and Diodes Incorporated Correlation analysis. For information on how to trade Diodes Stock refer to our How to Trade Diodes Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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When running Diodes Incorporated's price analysis, check to measure Diodes Incorporated's 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 Diodes Incorporated is operating at the current time. Most of Diodes Incorporated's value examination focuses on studying past and present price action to predict the probability of Diodes Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diodes Incorporated's price. Additionally, you may evaluate how the addition of Diodes Incorporated to your portfolios can decrease your overall portfolio volatility.
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Is Diodes Incorporated'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 Diodes Incorporated. If investors know Diodes 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 Diodes Incorporated 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 (0.72) | Earnings Share 4.91 | Revenue Per Share 36.28 | Quarterly Revenue Growth (0.35) | Return On Assets 0.0672 |
The market value of Diodes Incorporated is measured differently than its book value, which is the value of Diodes that is recorded on the company's balance sheet. Investors also form their own opinion of Diodes Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Diodes Incorporated'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 Diodes Incorporated's market value can be influenced by many factors that don't directly affect Diodes Incorporated'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 Diodes Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diodes Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diodes Incorporated'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.