Diageo Long Term Debt Total vs Total Liab Analysis
DEO Stock | USD 142.95 1.03 0.73% |
Diageo PLC financial indicator trend analysis is much more than just examining Diageo PLC ADR latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diageo PLC ADR is a good investment. Please check the relationship between Diageo PLC Long Term Debt Total and its Total Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diageo PLC ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Long Term Debt Total vs Total Liab
Long Term Debt Total vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diageo PLC ADR Long Term Debt Total account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Diageo PLC's Long Term Debt Total and Total Liab is 0.89. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Total Liab in the same time period over historical financial statements of Diageo PLC ADR, assuming nothing else is changed. The correlation between historical values of Diageo PLC's Long Term Debt Total and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Diageo PLC ADR are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Long Term Debt Total i.e., Diageo PLC's Long Term Debt Total and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Long Term Debt Total
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Diageo PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diageo PLC ADR 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 Diageo PLC ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. At this time, Diageo PLC's Issuance Of Capital Stock is very stable compared to the past year. As of the 16th of May 2024, Enterprise Value Over EBITDA is likely to grow to 65.38, while Selling General Administrative is likely to drop about 14.5 M.
2021 | 2023 | 2024 (projected) | Interest Expense | 502M | 913.1M | 528.8M | Depreciation And Amortization | 359M | 415.2M | 439.2M |
Diageo PLC fundamental ratios Correlations
Click cells to compare fundamentals
Diageo PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Diageo PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 33.3B | 32.0B | 36.5B | 35.6B | 41.0B | 25.0B | |
Short Long Term Debt Total | 17.3B | 15.1B | 16.4B | 17.0B | 19.5B | 10.2B | |
Other Current Liab | 3.1B | 3.2B | 117M | 3.2B | 2.9B | 1.5B | |
Total Current Liabilities | 6.5B | 7.1B | 8.4B | 7.6B | 8.8B | 6.5B | |
Total Stockholder Equity | 6.8B | 6.9B | 7.8B | 7.8B | 9.0B | 7.0B | |
Property Plant And Equipment Net | 4.9B | 4.8B | 5.8B | 6.1B | 7.1B | 3.6B | |
Net Debt | 13.9B | 12.3B | 14.1B | 15.5B | 17.8B | 18.7B | |
Retained Earnings | 4.3B | 5.1B | 5.4B | 5.7B | 6.6B | 6.9B | |
Accounts Payable | 1.3B | 2.0B | 2.7B | 2.7B | 3.1B | 3.2B | |
Cash | 3.3B | 2.7B | 2.3B | 1.4B | 1.7B | 1.5B | |
Non Current Assets Total | 21.8B | 20.5B | 23.6B | 23.2B | 26.7B | 16.4B | |
Non Currrent Assets Other | 2.0B | 1.5B | 2.2B | 1.8B | 2.0B | 1.1B | |
Cash And Short Term Investments | 3.4B | 2.8B | 2.4B | 1.6B | 1.9B | 1.6B | |
Common Stock Total Equity | 780M | 753M | 742M | 741M | 666.9M | 682.9M | |
Common Stock Shares Outstanding | 2.4B | 2.3B | 2.3B | 2.3B | 2.0B | 2.2B | |
Short Term Investments | 73M | 46M | 136M | 198M | 178.2M | 169.3M | |
Liabilities And Stockholders Equity | 33.3B | 32.0B | 36.5B | 35.6B | 41.0B | 24.9B | |
Non Current Liabilities Total | 18.4B | 16.4B | 18.6B | 18.7B | 21.5B | 22.6B | |
Inventory | 5.8B | 6.0B | 7.1B | 7.7B | 8.8B | 9.3B | |
Other Current Assets | 997.5M | 1.1B | 1.5B | 1.4B | 1.2B | 631.7M | |
Other Stockholder Equity | (1.1B) | (1.1B) | (959.3M) | (965.4M) | (868.8M) | (825.4M) | |
Total Liab | 24.9B | 23.5B | 27.0B | 26.3B | 30.3B | 16.9B | |
Property Plant And Equipment Gross | 4.9B | 4.8B | 9.5B | 9.6B | 11.0B | 11.6B | |
Total Current Assets | 11.5B | 11.4B | 12.9B | 12.4B | 14.3B | 8.6B | |
Accumulated Other Comprehensive Income | 2.8B | 2.2B | 2.6B | 2.4B | 2.7B | 2.9B | |
Short Term Debt | 2.1B | 1.9B | 1.5B | 1.8B | 1.6B | 1.7B | |
Intangible Assets | 9.4B | 8.8B | 9.6B | 9.3B | 10.7B | 7.8B | |
Common Stock | 742M | 741M | 723M | 712M | 640.8M | 678.2M | |
Net Receivables | 1.9B | 2.5B | 2.6B | 2.6B | 2.9B | 2.5B | |
Current Deferred Revenue | (1.9B) | 3.3B | 541M | 4.1B | 4.7B | 4.9B | |
Other Liab | 3.2B | 3.1B | 3.6B | 3.2B | 3.6B | 3.4B | |
Other Assets | 1.8B | 1.4B | (5.3B) | 1.1B | 990.9M | 1.0B | |
Long Term Debt | 14.8B | 12.9B | 14.5B | 14.8B | 17.0B | 10.7B | |
Good Will | 1.9B | 2.0B | 2.3B | 2.2B | 2.6B | 1.5B | |
Property Plant Equipment | 4.9B | 4.8B | 5.8B | 6.3B | 7.2B | 4.8B | |
Treasury Stock | (2.1B) | (2.0B) | (1.9B) | (1.9B) | (2.2B) | (2.3B) | |
Short Long Term Debt | 2.0B | 1.9B | 1.5B | 1.7B | 1.5B | 1.5B | |
Net Tangible Assets | (4.2B) | (4.5B) | (3.9B) | (4.1B) | (4.7B) | (5.0B) | |
Long Term Debt Total | 15.2B | 13.1B | 14.9B | 14.8B | 17.0B | 12.3B |
Diageo PLC Investors Sentiment
The influence of Diageo PLC's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Diageo. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Diageo PLC's public news can be used to forecast risks associated with an investment in Diageo. The trend in average sentiment can be used to explain how an investor holding Diageo can time the market purely based on public headlines and social activities around Diageo PLC ADR. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Diageo PLC's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Diageo PLC's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Diageo PLC's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Diageo PLC.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Diageo PLC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Diageo PLC's short interest history, or implied volatility extrapolated from Diageo PLC options trading.
Pair Trading with Diageo PLC
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 Diageo PLC 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 Diageo PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with Diageo Stock
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Moving against Diageo Stock
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The ability to find closely correlated positions to Diageo PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diageo PLC 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 Diageo PLC - 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 Diageo PLC ADR to buy it.
The correlation of Diageo PLC 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 Diageo PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diageo PLC ADR 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 Diageo PLC 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diageo PLC ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Diageo PLC ADR information on this page should be used as a complementary analysis to other Diageo PLC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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When running Diageo PLC's price analysis, check to measure Diageo PLC'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 Diageo PLC is operating at the current time. Most of Diageo PLC's value examination focuses on studying past and present price action to predict the probability of Diageo PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diageo PLC's price. Additionally, you may evaluate how the addition of Diageo PLC to your portfolios can decrease your overall portfolio volatility.
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Is Diageo PLC'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 Diageo PLC. If investors know Diageo 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 Diageo PLC 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 (0.17) | Dividend Share 1.038 | Earnings Share 7.48 | Revenue Per Share 2.137 | Quarterly Revenue Growth (0.01) |
The market value of Diageo PLC ADR is measured differently than its book value, which is the value of Diageo that is recorded on the company's balance sheet. Investors also form their own opinion of Diageo PLC's value that differs from its market value or its book value, called intrinsic value, which is Diageo PLC'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 Diageo PLC's market value can be influenced by many factors that don't directly affect Diageo PLC'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 Diageo PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diageo PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diageo PLC'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.