The Drivers Module shows relationships between Diamond Hill's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Diamond Hill Investment Group Inc over time as well as its relative position and ranking within its peers. Additionally see Investing Opportunities
Diamond Hill Investment Current Liabilities vs. Working Capital Fundamental Analysis
Diamond Hill Investment Group Inc is rated # 4 in working capital category among related companies. It is rated # 5 in current liabilities category among related companies creating about 0.62 of Current Liabilities per Working Capital. The ratio of Working Capital to Current Liabilities for Diamond Hill Investment Group Inc is roughly 1.61 Working Capital is measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.Current Liabilities is company's short term debts. This usually includes obligations that are due within next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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