Diamond Hill Financials

DHIL Stock  USD 154.17  1.15  0.75%   
Based on the analysis of Diamond Hill's profitability, liquidity, and operating efficiency, Diamond Hill Investment is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. At this time, Diamond Hill's Liabilities And Stockholders Equity is quite stable compared to the past year. Property Plant And Equipment Gross is expected to rise to about 13.4 M this year, although the value of Total Current Liabilities will most likely fall to about 33.9 M. Key indicators impacting Diamond Hill's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.110.1819
Way Down
Slightly volatile
Return On Equity0.230.2634
Fairly Down
Slightly volatile
Operating Income26.2 M51.1 M
Way Down
Slightly volatile
Current Ratio1.871.9662
Notably Down
Slightly volatile
The financial analysis of Diamond Hill is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Diamond Hill includes many different criteria found on its balance sheet. For example, investors should never minimize Diamond Hill's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Diamond Hill's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Diamond Hill.

Net Income

22.52 Million

With this module, you can analyze Diamond financials for your investing period. You should be able to track the changes in Diamond Hill individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Diamond Hill Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Diamond Hill's financial statements are interrelated, with each one affecting the others. For example, an increase in Diamond Hill's assets may result in an increase in income on the income statement.
Evaluating Diamond Hill's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Diamond Hill's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Diamond Hill's relative financial performance

Chance Of Distress

Less than 9

 
100  
 
Zero
Low
Diamond Hill Investment has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Diamond Hill stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Diamond Hill's odds of distress score SHOULD NOT be confused with the real chance of Diamond Hill Investment filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Diamond is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Diamond Hill's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Diamond Hill's official financial statements usually reflect Diamond Hill's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Diamond Hill Investment. For example, before you start analyzing numbers published by Diamond accountants, it's critical to develop an understanding of what Diamond Hill's liquidity, profitability, and earnings quality are in the context of the Capital Markets space in which it operates.
Please note, the presentation of Diamond Hill's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Diamond Hill's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Diamond Hill's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Diamond Hill Investment. Please utilize our Beneish M Score to check the likelihood of Diamond Hill's management manipulating its earnings.

Diamond Hill Company Summary

Diamond Hill competes with Calliditas Therapeutics, Valneva SE, Valhi, Amgen, and Teleflex Incorporated. Diamond Hill Investment Group, Inc., through its subsidiary, Diamond Hill Capital Management, Inc., provides investment advisory and fund administration services in the United States. The company was founded in 1990 and is based in Columbus, Ohio. Diamond Hill operates under Asset Management classification in the United States and is traded on NASDAQ Exchange. It employs 128 people.
Specialization
Financial Services, Financial Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0000909108
ISINUS25264R2076
CUSIP25264R207 25264R108
RegionNorth America
LocationOhio; U.S.A
Business Address325 John H
SectorCapital Markets
IndustryFinancials
BenchmarkNYSE Composite
Websitewww.diamond-hill.com
Phone(614) 255 3333
CurrencyUSD - US Dollar
You should never invest in Diamond Hill without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Diamond Stock, because this is throwing your money away. Analyzing the key information contained in Diamond Hill's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Diamond Hill Key Financial Ratios

Generally speaking, Diamond Hill's financial ratios allow both analysts and investors to convert raw data from Diamond Hill's financial statements into concise, actionable information that can be used to evaluate the performance of Diamond Hill over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Diamond Hill Investment reports annually and quarterly.

Diamond Hill Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets272.7M263.1M286.2M249.8M232.1M243.7M
Other Current Liab26.6M28.4M38.0M32.1M28.9M27.4M
Net Debt(90.1M)(96.0M)(78.6M)(61.8M)(46.2M)(43.9M)
Retained Earnings117.3M118.0M119.3M129.0M153.5M161.2M
Accounts Payable8.7M8.0M8.6M9.2M10.6M9.7M
Cash93.2M98.5M80.6M63.2M47.0M31.4M
Net Receivables21.1M18.1M20.4M18.8M19.7M10.4M
Other Current Assets(114.2M)(116.5M)(101.0M)3.4M(66.7M)(63.3M)
Total Liab65.6M69.6M84.0M72.0M71.8M68.2M
Total Current Assets117.1M119.5M103.5M85.4M70.2M66.7M
Common Stock95.9M80.8M80.4M51.7M22.2M21.1M
Other Liab30.3M33.2M37.3M30.7M35.4M21.7M
Other Assets10.4M140.1M286.2M3.4M(67.4B)(64.0B)
Net Tangible Assets207.0M193.5M202.2M177.8M204.5M151.1M
Warrants14.2M9.4M17.8M14.1M12.7M17.4M
Net Invested Capital192.9M184.1M184.4M163.7M160.3M143.2M
Net Working Capital81.8M83.1M56.9M44.1M34.5M48.8M
Capital Stock95.9M80.8M80.4M51.7M22.2M21.1M

Diamond Hill Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Diamond Hill's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense62.2M13.7M41.7M30.0M34.5M36.2M
Total Revenue136.6M126.4M182.2M154.5M136.6M70.0M
Gross Profit70.4M62.5M101.5M88.4M132.0M138.6M
Operating Income16.3M45.5M58.6M64.3M51.1M26.2M
Ebit16.3M45.5M58.6M64.3M51.1M53.6M
Ebitda17.4M39.9M59.9M84.5M52.3M55.0M
Income Before Tax78.4M52.1M101.6M51.0M58.6M35.0M
Net Income59.8M38.7M74.2M40.4M42.2M22.5M
Income Tax Expense18.7M14.0M26.1M14.1M15.5M10.5M
Cost Of Revenue66.2M63.8M80.7M66.1M4.6M4.3M
Minority Interest4.8M9.4M(1.4M)3.6M(3.0M)(2.8M)
Tax Provision18.7M14.0M26.1M14.1M16.4M16.4M

Diamond Hill Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Diamond Hill Investment. It measures of how well Diamond is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Diamond Hill brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Diamond had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Diamond Hill has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash8.7M5.3M(17.9M)(17.4M)(16.2M)(15.4M)
Free Cash Flow56.3M57.3M25.2M39.4M45.6M47.9M
Depreciation1.2M992.8K1.3M1.4M1.3M707.4K
Other Non Cash Items(1.1B)(2.0B)1.4B4.5B(15.7M)(16.5M)
Capital Expenditures707.8K2.5M1.1M101.5K21.7K20.6K
Net Income59.8M38.2M75.6M36.9M42.2M21.4M
End Period Cash Flow93.2M98.5M80.6M63.2M47.0M31.0M
Dividends Paid30.3M(38.0M)(73.0M)(30.7M)(17.7M)(16.8M)
Investments34.3M10.9M19.4M6.0M(4.3M)(4.1M)
Change Receivables(5.0M)(582.5K)(2.7M)3.1M3.6M3.8M
Change To Netincome3.3M12.8M(51.2M)10.0M9.0M9.4M

Diamond Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Diamond Hill's current stock value. Our valuation model uses many indicators to compare Diamond Hill value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Diamond Hill competition to find correlations between indicators driving Diamond Hill's intrinsic value. More Info.
Diamond Hill Investment is one of the top stocks in shares owned by institutions category among related companies. It is one of the top stocks in current ratio category among related companies fabricating about  0.03  of Current Ratio per Shares Owned By Institutions. The ratio of Shares Owned By Institutions to Current Ratio for Diamond Hill Investment is roughly  29.31 . At this time, Diamond Hill's Current Ratio is quite stable compared to the past year.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Diamond Hill by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Diamond Hill's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Diamond Hill's earnings, one of the primary drivers of an investment's value.

Diamond Hill Investment Systematic Risk

Diamond Hill's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Diamond Hill volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Diamond Hill Investment correlated with the market. If Beta is less than 0 Diamond Hill generally moves in the opposite direction as compared to the market. If Diamond Hill Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Diamond Hill Investment is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Diamond Hill is generally in the same direction as the market. If Beta > 1 Diamond Hill moves generally in the same direction as, but more than the movement of the benchmark.

About Diamond Hill Financials

What exactly are Diamond Hill Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Diamond Hill's income statement, its balance sheet, and the statement of cash flows. Potential Diamond Hill investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Diamond Hill investors may use each financial statement separately, they are all related. The changes in Diamond Hill's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Diamond Hill's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Diamond Hill Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Diamond Hill is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Diamond has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Diamond Hill's financials are consistent with your investment objective using the following steps:
  • Review Diamond Hill's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Diamond Hill's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Diamond Hill's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Diamond Hill's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Diamond Hill Thematic Clasifications

Diamond Hill Investment is part of Trading investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Trading industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
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This theme covers USA Equities from Trading industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Diamond Hill Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Diamond Hill's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Diamond Hill growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.0

At this time, Diamond Hill's Price Earnings To Growth Ratio is quite stable compared to the past year.

Diamond Hill March 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Diamond Hill help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Diamond Hill Investment. We use our internally-developed statistical techniques to arrive at the intrinsic value of Diamond Hill Investment based on widely used predictive technical indicators. In general, we focus on analyzing Diamond Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Diamond Hill's daily price indicators and compare them against related drivers.
When determining whether Diamond Hill Investment is a strong investment it is important to analyze Diamond Hill's 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 Diamond Hill's future performance. For an informed investment choice regarding Diamond Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Hill Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running Diamond Hill's price analysis, check to measure Diamond Hill'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 Diamond Hill is operating at the current time. Most of Diamond Hill's value examination focuses on studying past and present price action to predict the probability of Diamond Hill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamond Hill's price. Additionally, you may evaluate how the addition of Diamond Hill to your portfolios can decrease your overall portfolio volatility.
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Is Diamond Hill'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 Diamond Hill. If investors know Diamond 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 Diamond Hill 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
(0.04)
Dividend Share
6
Earnings Share
14.32
Revenue Per Share
46.366
Quarterly Revenue Growth
(0.03)
The market value of Diamond Hill Investment is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Hill's value that differs from its market value or its book value, called intrinsic value, which is Diamond Hill'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 Diamond Hill's market value can be influenced by many factors that don't directly affect Diamond Hill'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 Diamond Hill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamond Hill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Hill'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.