D2L Non Current Assets Total vs Net Debt Analysis
DTOL Stock | | | 16.00 0.10 0.63% |
D2L financial indicator trend analysis is much more than just examining D2L Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether D2L Inc is a good investment. Please check the relationship between D2L Non Current Assets Total and its Net Debt accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in D2L Inc. 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.
Non Current Assets Total vs Net Debt
Non Current Assets Total vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
D2L Inc Non Current Assets Total account and
Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between D2L's Non Current Assets Total and Net Debt is -0.7. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of D2L Inc, assuming nothing else is changed. The correlation between historical values of D2L's Non Current Assets Total 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 Non Current Assets Total of D2L Inc 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 Non Current Assets Total i.e., D2L's Non Current Assets Total and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 D2L's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into D2L Inc 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 D2L Inc. 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 11th of August 2025,
Selling General Administrative is likely to grow to about 89.4
M, though
Tax Provision is likely to grow to (15.4
M).
D2L fundamental ratios Correlations
Click cells to compare fundamentals
D2L Account Relationship Matchups
High Positive Relationship
High Negative Relationship
D2L fundamental ratios Accounts
Other Information on Investing in D2L Stock
Balance Sheet is a snapshot of the
financial position of D2L Inc at a specified time, usually calculated after every quarter, six months, or one year. D2L Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of D2L 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 D2L currently owns. An asset can also be divided into two categories, current and non-current.