Deluxe Inventory vs Common Stock Shares Outstanding Analysis

DLX Stock  USD 24.12  0.42  1.77%   
Deluxe financial indicator trend analysis is much more than just examining Deluxe latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Deluxe is a good investment. Please check the relationship between Deluxe Inventory and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deluxe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Deluxe Stock please use our How to Invest in Deluxe guide.

Inventory vs Common Stock Shares Outstanding

Inventory vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Deluxe Inventory account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Deluxe's Inventory and Common Stock Shares Outstanding is -0.47. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Deluxe, assuming nothing else is changed. The correlation between historical values of Deluxe's Inventory and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Deluxe are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Inventory i.e., Deluxe's Inventory and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Inventory

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Deluxe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Deluxe 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 Deluxe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Deluxe Stock please use our How to Invest in Deluxe guide.Issuance Of Capital Stock is likely to rise to about 5.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 810.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.2B1.2B1.1B
Total Revenue2.0B2.2B2.2B1.7B

Deluxe fundamental ratios Correlations

0.950.90.710.330.350.950.23-0.450.990.93-0.450.74-0.670.930.560.86-0.010.970.570.78-0.040.850.820.78-0.81
0.950.950.650.020.541.0-0.08-0.470.920.91-0.460.68-0.620.980.360.730.160.990.650.76-0.090.720.780.69-0.78
0.90.950.57-0.040.610.95-0.16-0.390.850.84-0.380.58-0.450.940.310.690.360.960.820.72-0.120.620.660.57-0.66
0.710.650.570.290.180.660.21-0.30.710.64-0.30.62-0.610.550.610.58-0.210.690.280.740.490.680.780.8-0.63
0.330.02-0.040.29-0.520.040.99-0.130.390.21-0.130.38-0.360.030.690.54-0.590.08-0.250.230.040.590.370.51-0.3
0.350.540.610.18-0.520.52-0.590.080.250.490.080.420.20.55-0.040.090.790.520.660.53-0.310.20.30.09-0.01
0.951.00.950.660.040.52-0.07-0.510.930.91-0.50.68-0.630.980.370.740.140.990.630.76-0.080.740.780.71-0.78
0.23-0.08-0.160.210.99-0.59-0.07-0.080.290.13-0.090.32-0.32-0.070.650.47-0.64-0.02-0.340.140.050.510.280.41-0.25
-0.45-0.47-0.39-0.3-0.130.08-0.51-0.08-0.54-0.281.0-0.170.48-0.47-0.11-0.420.22-0.45-0.02-0.1-0.05-0.44-0.33-0.540.42
0.990.920.850.710.390.250.930.29-0.540.89-0.540.7-0.720.90.550.86-0.10.940.490.730.00.870.820.82-0.83
0.930.910.840.640.210.490.910.13-0.280.89-0.280.84-0.640.910.580.780.040.920.550.85-0.180.770.850.66-0.8
-0.45-0.46-0.38-0.3-0.130.08-0.5-0.091.0-0.54-0.28-0.170.48-0.47-0.11-0.410.23-0.45-0.01-0.1-0.05-0.44-0.34-0.550.42
0.740.680.580.620.380.420.680.32-0.170.70.84-0.17-0.530.70.790.66-0.090.690.240.93-0.290.840.920.74-0.62
-0.67-0.62-0.45-0.61-0.360.2-0.63-0.320.48-0.72-0.640.48-0.53-0.6-0.47-0.650.65-0.62-0.02-0.52-0.08-0.6-0.74-0.680.94
0.930.980.940.550.030.550.98-0.07-0.470.90.91-0.470.7-0.60.350.710.170.970.620.76-0.260.740.780.68-0.76
0.560.360.310.610.69-0.040.370.65-0.110.550.58-0.110.79-0.470.350.64-0.330.420.00.70.00.710.720.63-0.49
0.860.730.690.580.540.090.740.47-0.420.860.78-0.410.66-0.650.710.64-0.20.760.460.63-0.030.740.680.66-0.79
-0.010.160.36-0.21-0.590.790.14-0.640.22-0.10.040.23-0.090.650.17-0.33-0.20.140.650.05-0.23-0.22-0.23-0.310.41
0.970.990.960.690.080.520.99-0.02-0.450.940.92-0.450.69-0.620.970.420.760.140.660.78-0.050.750.790.71-0.78
0.570.650.820.28-0.250.660.63-0.34-0.020.490.55-0.010.24-0.020.620.00.460.650.660.44-0.080.20.250.13-0.33
0.780.760.720.740.230.530.760.14-0.10.730.85-0.10.93-0.520.760.70.630.050.780.44-0.190.780.930.76-0.63
-0.04-0.09-0.120.490.04-0.31-0.080.05-0.050.0-0.18-0.05-0.29-0.08-0.260.0-0.03-0.23-0.05-0.08-0.19-0.12-0.130.05-0.01
0.850.720.620.680.590.20.740.51-0.440.870.77-0.440.84-0.60.740.710.74-0.220.750.20.78-0.120.880.89-0.64
0.820.780.660.780.370.30.780.28-0.330.820.85-0.340.92-0.740.780.720.68-0.230.790.250.93-0.130.880.88-0.77
0.780.690.570.80.510.090.710.41-0.540.820.66-0.550.74-0.680.680.630.66-0.310.710.130.760.050.890.88-0.65
-0.81-0.78-0.66-0.63-0.3-0.01-0.78-0.250.42-0.83-0.80.42-0.620.94-0.76-0.49-0.790.41-0.78-0.33-0.63-0.01-0.64-0.77-0.65
Click cells to compare fundamentals

Deluxe Account Relationship Matchups

Deluxe fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.9B3.1B3.1B3.1B3.2B
Short Long Term Debt Total917.1M868.4M1.7B1.7B1.7B1.7B
Other Current Liab236.7M241.1M405.6M463.8M529.1M555.6M
Total Current Liabilities407.9M411.8M683.4M752.3M819.1M413.7M
Total Stockholder Equity570.9M540.8M574.6M604.2M604.1M509.5M
Property Plant And Equipment Net140.9M124.6M190.5M172M175.5M172.2M
Net Debt843.5M745.3M1.7B1.7B1.6B1.7B
Retained Earnings572.6M522.6M505.8M518.6M491.2M442.4M
Cash73.6M123.1M41.2M40.4M72.0M62.5M
Non Current Assets Total1.5B1.4B2.5B2.4B2.3B2.4B
Non Currrent Assets Other200.7M208.7M279.5M260.4M251.2M263.7M
Cash And Short Term Investments73.6M123.1M41.2M40.4M72.0M64.1M
Net Receivables196.2M179.6M228.3M245.4M217.1M132.2M
Common Stock Shares Outstanding43.0M42.1M42.8M43.3M43.8M50.9M
Liabilities And Stockholders Equity1.9B1.9B3.1B3.1B3.1B3.2B
Non Current Liabilities Total964.5M922.3M1.8B1.7B1.7B1.7B
Inventory39.9M40.1M34.9M52.3M42.1M32.9M
Other Current Assets398.6M163.8M316.0M364.8M429.8M451.3M
Other Stockholder Equity4.1M17.6M57.4M79.2M99.1M151.3M
Total Liab1.4B1.3B2.5B2.5B2.5B2.6B
Property Plant And Equipment Gross140.8M124.6M190.5M172M509.6M535.1M
Total Current Assets472.2M506.6M620.5M704M761.0M390.0M
Accumulated Other Comprehensive Income(47.9M)(41.4M)(31.5M)(37.3M)(30.0M)(31.5M)
Short Term Debt12.9M11.6M72.0M84.5M99.7M97.9M
Intangible Assets276.1M246.8M504.4M459M391.7M296.5M
Accounts Payable112.2M117.0M153.1M157.1M154.9M84.0M
Good Will804.5M736.8M1.4B1.4B1.4B734.2M
Common Stock Total Equity42.1M42.0M42.7M43.2M38.9M41.3M
Common Stock42.1M42.0M42.7M43.2M43.7M41.1M
Other Liab45.9M53.9M134.2M71.2M81.9M82.8M
Other Assets223.0M295.9M328.9M249.1M286.4M186.4M
Long Term Debt883.5M840M1.6B1.6B1.5B807.6M
Property Plant Equipment96.5M88.7M190.5M172.0M154.8M97.2M
Current Deferred Revenue46.1M42.1M52.6M47.0M35.3M33.3M
Net Tangible Assets(476.2M)(414.6M)(1.4B)(1.2B)(1.1B)(1.1B)
Retained Earnings Total Equity572.6M522.6M505.8M518.6M596.4M644.6M
Long Term Debt Total883.5M840M1.7B1.6B1.8B1.9B

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Additional Tools for Deluxe Stock Analysis

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