Star Total Liab vs Net Debt Analysis

DIAM Stock

CAD 0.04 0.01 20.00%

Star Diamond financial indicator trend analysis is much more than just breaking down Star Diamond Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Star Diamond Corp is a good investment. Please check the relationship between Star Diamond Total Liab and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Star Diamond Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Total Liab vs Net Debt

Total Liab vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Star Diamond Corp Total Liab account and Net Debt. At this time, the significance of the direction appears to have weak relationship.

The correlation between Star Diamond's Total Liab and Net Debt is 0.34. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Debt in the same time period over historical financial statements of Star Diamond Corp, assuming nothing else is changed. The correlation between historical values of Star Diamond's Total Liab and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Star Diamond Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Liab i.e., Star Diamond's Total Liab and Net Debt go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Star Diamond's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Star Diamond Corp 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 Star Diamond Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

As of the 26th of August 2025, Selling General Administrative is likely to grow to about 3.8 M, while Issuance Of Capital Stock is likely to drop about 684 K.

	2022	2023	2024	2025 (projected)
Interest Income	42K	43K	161K	113.6K
Research Development	41K	174K	367K	184.4K

Interest Income Research Development

Star Diamond fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Net Debt	Non Current Liabilities Total	Short Term Debt	Cash	Cash And Short Term Investments	Short Term Investments	Property Plant And Equipment Net	Property Plant And Equipment Gross
Total Assets		0.38	0.22	1.0	-0.13	0.36	0.99	-0.13	0.05	0.28	0.22	-0.15	-0.05	0.0	0.11	0.29	0.17	-0.44	-0.41	-0.08	-0.21	0.42	0.12	-0.22	0.99	0.99
Other Current Liab	0.38		0.74	0.39	-0.21	0.87	0.39	-0.13	0.19	0.27	0.19	-0.04	0.07	-0.07	-0.05	0.29	-0.28	-0.95	0.01	-0.26	-0.08	0.0	-0.06	-0.08	0.39	0.39
Total Current Liabilities	0.22	0.74		0.17	-0.26	0.89	0.26	-0.36	0.0	0.17	0.6	-0.14	-0.03	0.61	-0.3	0.2	-0.41	-0.73	0.33	0.44	-0.16	-0.32	-0.31	-0.17	0.27	0.28
Total Stockholder Equity	1.0	0.39	0.17		-0.1	0.33	0.98	-0.09	0.07	0.26	0.15	-0.13	-0.05	-0.09	0.13	0.28	0.18	-0.43	-0.44	-0.16	-0.2	0.45	0.14	-0.2	0.98	0.98
Retained Earnings	-0.13	-0.21	-0.26	-0.1		-0.12	-0.11	0.52	-0.12	-0.94	-0.63	0.48	-0.08	-0.25	-0.15	-0.97	-0.41	0.15	0.23	-0.2	-0.07	-0.22	-0.16	-0.05	-0.12	-0.13
Accounts Payable	0.36	0.87	0.89	0.33	-0.12		0.38	-0.18	0.07	0.14	0.35	-0.05	-0.01	0.28	-0.15	0.15	-0.46	-0.92	0.17	0.09	-0.08	-0.16	-0.16	-0.09	0.38	0.39
Non Current Assets Total	0.99	0.39	0.26	0.98	-0.11	0.38		-0.22	0.0	0.25	0.28	-0.23	-0.16	0.04	-0.03	0.26	0.1	-0.45	-0.31	-0.04	-0.33	0.32	-0.02	-0.33	1.0	1.0
Non Currrent Assets Other	-0.13	-0.13	-0.36	-0.09	0.52	-0.18	-0.22		0.33	-0.45	-0.84	0.76	0.56	-0.4	0.65	-0.46	0.27	0.1	-0.28	-0.36	0.7	0.28	0.64	0.71	-0.24	-0.26
Net Receivables	0.05	0.19	0.0	0.07	-0.12	0.07	0.0	0.33		0.16	-0.31	0.04	0.16	-0.19	0.35	0.17	0.31	-0.19	0.02	-0.22	0.53	-0.02	0.33	0.53	0.0	-0.01
Common Stock Total Equity	0.28	0.27	0.17	0.26	-0.94	0.14	0.25	-0.45	0.16		0.52	-0.44	0.08	0.07	0.21	0.99	0.49	-0.22	-0.32	-0.03	0.07	0.31	0.22	0.04	0.26	0.26
Common Stock Shares Outstanding	0.22	0.19	0.6	0.15	-0.63	0.35	0.28	-0.84	-0.31	0.52		-0.5	-0.19	0.72	-0.4	0.53	-0.17	-0.14	0.2	0.65	-0.4	-0.2	-0.4	-0.41	0.29	0.31
Other Current Assets	-0.15	-0.04	-0.14	-0.13	0.48	-0.05	-0.23	0.76	0.04	-0.44	-0.5		0.84	-0.18	0.58	-0.46	-0.08	0.11	-0.27	-0.16	0.58	0.26	0.55	0.59	-0.25	-0.26
Other Stockholder Equity	-0.05	0.07	-0.03	-0.05	-0.08	-0.01	-0.16	0.56	0.16	0.08	-0.19	0.84		-0.06	0.78	0.08	0.21	0.05	-0.48	-0.06	0.72	0.47	0.76	0.72	-0.18	-0.18
Total Liab	0.0	-0.07	0.61	-0.09	-0.25	0.28	0.04	-0.4	-0.19	0.07	0.72	-0.18	-0.06		-0.32	0.08	-0.14	0.02	0.34	0.97	-0.15	-0.36	-0.33	-0.16	0.05	0.07
Total Current Assets	0.11	-0.05	-0.3	0.13	-0.15	-0.15	-0.03	0.65	0.35	0.21	-0.4	0.58	0.78	-0.32		0.22	0.5	0.07	-0.76	-0.29	0.81	0.76	1.0	0.81	-0.05	-0.06
Common Stock	0.29	0.29	0.2	0.28	-0.97	0.15	0.26	-0.46	0.17	0.99	0.53	-0.46	0.08	0.08	0.22		0.48	-0.23	-0.34	0.0	0.07	0.33	0.24	0.05	0.27	0.27
Short Long Term Debt Total	0.17	-0.28	-0.41	0.18	-0.41	-0.46	0.1	0.27	0.31	0.49	-0.17	-0.08	0.21	-0.14	0.5	0.48		0.31	-0.47	-0.1	0.35	0.46	0.51	0.33	0.1	0.09
Current Deferred Revenue	-0.44	-0.95	-0.73	-0.43	0.15	-0.92	-0.45	0.1	-0.19	-0.22	-0.14	0.11	0.05	0.02	0.07	-0.23	0.31		-0.02	0.21	0.1	0.01	0.08	0.1	-0.45	-0.45
Net Debt	-0.41	0.01	0.33	-0.44	0.23	0.17	-0.31	-0.28	0.02	-0.32	0.2	-0.27	-0.48	0.34	-0.76	-0.34	-0.47	-0.02		0.31	-0.24	-1.0	-0.78	-0.24	-0.3	-0.28
Non Current Liabilities Total	-0.08	-0.26	0.44	-0.16	-0.2	0.09	-0.04	-0.36	-0.22	-0.03	0.65	-0.16	-0.06	0.97	-0.29	0.0	-0.1	0.21	0.31		-0.14	-0.33	-0.3	-0.15	-0.03	-0.02
Short Term Debt	-0.21	-0.08	-0.16	-0.2	-0.07	-0.08	-0.33	0.7	0.53	0.07	-0.4	0.58	0.72	-0.15	0.81	0.07	0.35	0.1	-0.24	-0.14		0.23	0.8	1.0	-0.34	-0.35
Cash	0.42	0.0	-0.32	0.45	-0.22	-0.16	0.32	0.28	-0.02	0.31	-0.2	0.26	0.47	-0.36	0.76	0.33	0.46	0.01	-1.0	-0.33	0.23		0.77	0.23	0.31	0.3
Cash And Short Term Investments	0.12	-0.06	-0.31	0.14	-0.16	-0.16	-0.02	0.64	0.33	0.22	-0.4	0.55	0.76	-0.33	1.0	0.24	0.51	0.08	-0.78	-0.3	0.8	0.77		0.8	-0.04	-0.05
Short Term Investments	-0.22	-0.08	-0.17	-0.2	-0.05	-0.09	-0.33	0.71	0.53	0.04	-0.41	0.59	0.72	-0.16	0.81	0.05	0.33	0.1	-0.24	-0.15	1.0	0.23	0.8		-0.35	-0.35
Property Plant And Equipment Net	0.99	0.39	0.27	0.98	-0.12	0.38	1.0	-0.24	0.0	0.26	0.29	-0.25	-0.18	0.05	-0.05	0.27	0.1	-0.45	-0.3	-0.03	-0.34	0.31	-0.04	-0.35		1.0
Property Plant And Equipment Gross	0.99	0.39	0.28	0.98	-0.13	0.39	1.0	-0.26	-0.01	0.26	0.31	-0.26	-0.18	0.07	-0.06	0.27	0.09	-0.45	-0.28	-0.02	-0.35	0.3	-0.05	-0.35	1.0

Click cells to compare fundamentals

Star Diamond Account Relationship Matchups

Star Diamond fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	72.6M	69.4M	3.1M	1.2M	14.4M	13.7M
Other Current Liab	885K	3.0M	678K	787K	1K	950.0
Total Current Liabilities	960K	3.1M	717K	859K	1.2M	1.9M
Total Stockholder Equity	70.4M	65.2M	2.4M	181K	5.2M	4.9M
Retained Earnings	(813.3M)	(821.0M)	(889.7M)	(892.6M)	(896.3M)	(851.5M)
Accounts Payable	693K	2.8M	678K	787.0	563K	534.9K
Non Current Assets Total	67.7M	67.9M	392K	555K	14.2M	13.5M
Common Stock Shares Outstanding	430.5M	452.0M	469.3M	476.4M	617.6M	648.5M
Liabilities And Stockholders Equity	72.6M	69.4M	3.1M	1.2M	14.4M	13.7M
Other Current Assets	52K	50K	36K	80K	32.4K	30.8K
Other Stockholder Equity	34.0M	34.9M	34.6M	35.3M	31.8M	30.2M
Total Liab	2.2M	4.2M	717K	980K	9.2M	12.8M
Total Current Assets	5.0M	1.5M	2.7M	606K	220K	209K
Common Stock	849.2M	850.0M	854.9M	855.8M	866.0M	661.9M
Short Long Term Debt Total	192K	117K	39K	193K	222.0K	136.4K
Current Deferred Revenue	(693K)	(2.8M)	(678K)	(787.0)	(708.3)	(743.72)
Net Debt	(4.6M)	(1.1M)	(2.6M)	(246K)	(282.9K)	(297.0K)
Non Current Liabilities Total	1.3M	1.1M	39K	121K	7.9M	14.4M
Cash	4.8M	1.3M	2.6M	439K	164K	155.8K
Cash And Short Term Investments	4.8M	1.3M	2.6M	553K	164K	155.8K
Property Plant And Equipment Net	66.7M	66.6M	160K	294K	14.1M	13.4M
Property Plant And Equipment Gross	66.7M	67.6M	1.2M	1.4M	15.8M	15.0M
Accumulated Other Comprehensive Income	547K	1.3M	2.5M	1.6M	1.8M	1.9M
Intangible Assets	5K	7K	14K	10.0	9.0	8.55
Other Liab	1.3M	1.4M	1.2M	1.0M	1.2M	1.3M
Net Tangible Assets	73.8M	70.4M	65.2M	2.3M	2.7M	2.6M
Property Plant Equipment	66.7M	66.6M	160K	294K	14.1M	27.9M
Long Term Debt Total	193K	117K	38K	121K	43K	62.6K
Capital Surpluse	34.0M	34.9M	34.6M	35.3M	35.5M	37.4M
Net Invested Capital	70.4M	65.2M	2.4M	181K	5.2M	4.9M
Net Working Capital	4.0M	(1.6M)	2.0M	(253K)	(1.0M)	(966.2K)
Capital Stock	849.2M	850.0M	854.9M	855.8M	866.0M	936.7M

Pair Trading with Star Diamond

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 Star Diamond 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 Star Diamond will appreciate offsetting losses from the drop in the long position's value.

Moving against Star Stock

0.53	GOOG	Alphabet CDR	Pair Corr
0.53	GOOG	Alphabet CDR	Pair Corr
0.33	AML	Argus Metals Corp	Pair Corr
0.32	AAPL	Apple CDR	Pair Corr
0.32	AAPL	Apple Inc CDR	Pair Corr

The ability to find closely correlated positions to Star Diamond could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Star Diamond 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 Star Diamond - 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 Star Diamond Corp to buy it.

The correlation of Star Diamond 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 Star Diamond moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Star Diamond Corp 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 Star Diamond 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.

Pair Correlation Correlation Matching

Other Information on Investing in Star Stock

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

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Star Total Liab vs Net Debt Analysis

Total Liab vs Net Debt

Total Liab vs Net Debt Correlation Analysis

Correlation Coefficient

Total Liab

Net Debt

Star Diamond fundamental ratios Correlations

Star Diamond Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Star Diamond fundamental ratios Accounts

Pair Trading with Star Diamond

Moving against Star Stock

Other Information on Investing in Star Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Non Current Assets Total
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Cash And Short Term Investments	+ 1.0	Total Current Assets
Short Term Investments	+ 1.0	Short Term Debt
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net

Cash	- 1.0	Net Debt
Common Stock	- 0.97	Retained Earnings
Current Deferred Revenue	- 0.95	Other Current Liab
Common Stock Total Equity	- 0.94	Retained Earnings
Current Deferred Revenue	- 0.92	Accounts Payable
Common Stock Shares Outstanding	- 0.84	Non Currrent Assets Other