Diamond Interest Coverage vs Payout Ratio Analysis

DHIL Stock

USD 149.26 0.15 0.10%

Diamond Hill financial indicator trend analysis is much more than just examining Diamond Hill Investment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diamond Hill Investment is a good investment. Please check the relationship between Diamond Hill Interest Coverage and its Payout Ratio accounts. 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.

Interest Coverage vs Payout Ratio

Interest Coverage vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diamond Hill Investment Interest Coverage account and Payout Ratio. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Diamond Hill's Interest Coverage and Payout Ratio is 0.53. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Diamond Hill Investment, assuming nothing else is changed. The correlation between historical values of Diamond Hill's Interest Coverage and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Diamond Hill Investment are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Interest Coverage i.e., Diamond Hill's Interest Coverage and Payout Ratio go up and down completely randomly.

Correlation Coefficient

0.53

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Interest Coverage

Payout Ratio

Payout Ratio is the proportion of Diamond Hill Investment earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Diamond Hill Investment dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Diamond Hill Investment is paying out more in dividends than it makes in net income.

Most indicators from Diamond Hill's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diamond Hill Investment 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 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.

At this time, Diamond Hill's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.11 this year, although the value of Selling General Administrative will most likely fall to about 12.7 M.

	2021	2022	2023	2024 (projected)
Operating Income	58.6M	64.3M	51.1M	26.2M
Other Operating Expenses	105.9M	90.2M	85.5M	89.8M

Operating Income Other Operating Expenses

Diamond Hill fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Non Currrent Assets Other	Other Stockholder Equity	Other Liab	Other Assets	Inventory	Property Plant Equipment
Total Assets		0.8	0.9	0.93	0.8	-0.91	0.87	0.11	0.88	0.82	0.64	0.76	0.57	0.5	0.8	-0.55	0.93	0.68	0.59	-0.38	-0.21	-0.22	0.62	-0.21	0.06	0.85
Other Current Liab	0.8		0.95	0.85	0.72	-0.77	0.61	0.34	0.75	0.47	0.72	0.84	0.69	0.7	0.76	-0.31	0.68	0.58	0.74	-0.56	-0.11	-0.11	0.58	-0.11	-0.28	0.75
Total Current Liabilities	0.9	0.95		0.86	0.75	-0.83	0.71	0.11	0.81	0.69	0.63	0.84	0.64	0.66	0.69	-0.41	0.85	0.64	0.6	-0.56	-0.14	-0.14	0.71	-0.14	-0.11	0.78
Total Stockholder Equity	0.93	0.85	0.86		0.81	-0.84	0.89	0.17	0.8	0.69	0.65	0.7	0.46	0.42	0.89	-0.56	0.77	0.79	0.64	-0.41	-0.32	-0.32	0.62	-0.32	-0.28	0.88
Property Plant And Equipment Net	0.8	0.72	0.75	0.81		-0.93	0.62	0.16	0.94	0.54	0.77	0.78	0.56	0.56	0.66	-0.63	0.63	0.49	0.65	-0.32	0.18	0.18	0.57	0.18	-0.06	0.95
Net Debt	-0.91	-0.77	-0.83	-0.84	-0.93		-0.68	-0.18	-0.99	-0.63	-0.77	-0.81	-0.69	-0.64	-0.71	0.56	-0.79	-0.44	-0.71	0.34	-0.1	-0.09	-0.58	-0.1	-0.05	-0.9
Retained Earnings	0.87	0.61	0.71	0.89	0.62	-0.68		-0.14	0.63	0.87	0.37	0.49	0.14	0.13	0.74	-0.67	0.76	0.88	0.3	-0.35	-0.56	-0.56	0.62	-0.56	-0.06	0.76
Accounts Payable	0.11	0.34	0.11	0.17	0.16	-0.18	-0.14		0.17	-0.33	0.45	0.35	0.62	0.49	0.41	0.35	0.02	-0.18	0.67	0.13	0.17	0.16	-0.31	0.16	-0.14	0.11
Cash	0.88	0.75	0.81	0.8	0.94	-0.99	0.63	0.17		0.6	0.77	0.82	0.69	0.64	0.68	-0.55	0.76	0.4	0.7	-0.33	0.17	0.16	0.59	0.17	0.07	0.9
Non Current Assets Total	0.82	0.47	0.69	0.69	0.54	-0.63	0.87	-0.33	0.6		0.19	0.47	0.13	0.17	0.45	-0.63	0.87	0.76	0.03	-0.26	-0.39	-0.39	0.66	-0.38	0.28	0.64
Cash And Short Term Investments	0.64	0.72	0.63	0.65	0.77	-0.77	0.37	0.45	0.77	0.19		0.69	0.72	0.59	0.74	-0.36	0.42	0.24	0.87	-0.3	0.24	0.24	0.32	0.24	-0.11	0.7
Net Receivables	0.76	0.84	0.84	0.7	0.78	-0.81	0.49	0.35	0.82	0.47	0.69		0.78	0.87	0.6	-0.34	0.69	0.41	0.67	-0.27	0.07	0.05	0.67	0.05	-0.01	0.8
Common Stock Total Equity	0.57	0.69	0.64	0.46	0.56	-0.69	0.14	0.62	0.69	0.13	0.72	0.78		0.88	0.47	-0.03	0.55	-0.06	0.81	-0.25	0.26	0.25	0.21	0.26	0.1	0.49
Common Stock Shares Outstanding	0.5	0.7	0.66	0.42	0.56	-0.64	0.13	0.49	0.64	0.17	0.59	0.87	0.88		0.36	-0.09	0.49	0.06	0.65	-0.1	0.24	0.23	0.47	0.23	0.03	0.49
Non Current Liabilities Total	0.8	0.76	0.69	0.89	0.66	-0.71	0.74	0.41	0.68	0.45	0.74	0.6	0.47	0.36		-0.4	0.58	0.6	0.77	-0.33	-0.26	-0.26	0.41	-0.26	-0.25	0.73
Other Current Assets	-0.55	-0.31	-0.41	-0.56	-0.63	0.56	-0.67	0.35	-0.55	-0.63	-0.36	-0.34	-0.03	-0.09	-0.4		-0.39	-0.56	-0.07	0.17	0.3	0.3	-0.65	0.3	-0.08	-0.71
Total Liab	0.93	0.68	0.85	0.77	0.63	-0.79	0.76	0.02	0.76	0.87	0.42	0.69	0.55	0.49	0.58	-0.39		0.58	0.39	-0.29	-0.2	-0.21	0.59	-0.2	0.22	0.68
Property Plant And Equipment Gross	0.68	0.58	0.64	0.79	0.49	-0.44	0.88	-0.18	0.4	0.76	0.24	0.41	-0.06	0.06	0.6	-0.56	0.58		0.12	-0.27	-0.59	-0.59	0.64	-0.59	-0.3	0.63
Total Current Assets	0.59	0.74	0.6	0.64	0.65	-0.71	0.3	0.67	0.7	0.03	0.87	0.67	0.81	0.65	0.77	-0.07	0.39	0.12		-0.32	0.19	0.18	0.17	0.18	-0.28	0.59
Common Stock	-0.38	-0.56	-0.56	-0.41	-0.32	0.34	-0.35	0.13	-0.33	-0.26	-0.3	-0.27	-0.25	-0.1	-0.33	0.17	-0.29	-0.27	-0.32		0.1	0.11	-0.16	0.11	0.11	-0.35
Non Currrent Assets Other	-0.21	-0.11	-0.14	-0.32	0.18	-0.1	-0.56	0.17	0.17	-0.39	0.24	0.07	0.26	0.24	-0.26	0.3	-0.2	-0.59	0.19	0.1		1.0	-0.22	1.0	0.2	-0.07
Other Stockholder Equity	-0.22	-0.11	-0.14	-0.32	0.18	-0.09	-0.56	0.16	0.16	-0.39	0.24	0.05	0.25	0.23	-0.26	0.3	-0.21	-0.59	0.18	0.11	1.0		-0.23	1.0	0.2	-0.09
Other Liab	0.62	0.58	0.71	0.62	0.57	-0.58	0.62	-0.31	0.59	0.66	0.32	0.67	0.21	0.47	0.41	-0.65	0.59	0.64	0.17	-0.16	-0.22	-0.23		-0.23	-0.1	0.66
Other Assets	-0.21	-0.11	-0.14	-0.32	0.18	-0.1	-0.56	0.16	0.17	-0.38	0.24	0.05	0.26	0.23	-0.26	0.3	-0.2	-0.59	0.18	0.11	1.0	1.0	-0.23		0.2	-0.08
Inventory	0.06	-0.28	-0.11	-0.28	-0.06	-0.05	-0.06	-0.14	0.07	0.28	-0.11	-0.01	0.1	0.03	-0.25	-0.08	0.22	-0.3	-0.28	0.11	0.2	0.2	-0.1	0.2		-0.12
Property Plant Equipment	0.85	0.75	0.78	0.88	0.95	-0.9	0.76	0.11	0.9	0.64	0.7	0.8	0.49	0.49	0.73	-0.71	0.68	0.63	0.59	-0.35	-0.07	-0.09	0.66	-0.08	-0.12

Click cells to compare fundamentals

Diamond Hill Account Relationship Matchups

Diamond Hill fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	272.7M	263.1M	286.2M	249.8M	232.1M	243.7M
Other Current Liab	26.6M	28.4M	38.0M	32.1M	28.9M	27.4M
Total Current Liabilities	35.3M	36.4M	46.6M	41.3M	35.7M	33.9M
Total Stockholder Equity	130.2M	184.1M	184.4M	163.7M	160.3M	168.3M
Property Plant And Equipment Net	5.7M	6.7M	6.1M	4.3M	2.6M	2.0M
Net Debt	(90.1M)	(96.0M)	(78.6M)	(61.8M)	(46.2M)	(43.9M)
Retained Earnings	117.3M	118.0M	119.3M	129.0M	153.5M	161.2M
Accounts Payable	8.7M	8.0M	8.6M	9.2M	10.6M	9.7M
Cash	93.2M	98.5M	80.6M	63.2M	47.0M	31.4M
Non Current Assets Total	155.6M	143.6M	182.6M	164.4M	161.9M	170.0M
Cash And Short Term Investments	187.2M	98.5M	191.8M	63.2M	47.0M	54.8M
Net Receivables	21.1M	18.1M	20.4M	18.8M	19.7M	10.4M
Common Stock Total Equity	95.9M	80.8M	80.4M	51.7M	59.4M	56.8M
Common Stock Shares Outstanding	3.4M	3.2M	3.2M	3.1M	2.9M	2.8M
Liabilities And Stockholders Equity	210.0M	263.1M	286.2M	249.8M	232.1M	243.7M
Non Current Liabilities Total	30.3M	33.2M	37.3M	30.7M	36.1M	34.3M
Other Current Assets	(114.2M)	(116.5M)	(101.0M)	3.4M	(66.7M)	(63.3M)
Total Liab	65.6M	69.6M	84.0M	72.0M	71.8M	68.2M
Property Plant And Equipment Gross	5.7M	6.7M	13.6M	13.2M	12.8M	13.4M
Total Current Assets	117.1M	119.5M	103.5M	85.4M	70.2M	66.7M
Common Stock	95.9M	80.8M	80.4M	51.7M	22.2M	21.1M
Non Currrent Assets Other	2.9M	3.0M	2.6M	3.4M	(2.4B)	(2.5B)
Other Stockholder Equity	(83.0M)	(14.7M)	(15.3M)	(17.0M)	(15.4B)	(14.6B)
Other Liab	30.3M	33.2M	37.3M	30.7M	35.4M	21.7M
Other Assets	10.4M	140.1M	286.2M	3.4M	(67.4B)	(64.0B)
Property Plant Equipment	5.7M	6.7M	6.1M	4.3M	5.0M	2.7M
Accumulated Other Comprehensive Income	(6.4M)	(14.7M)	(15.3M)	(17.0M)	(15.4M)	(14.6M)
Net Tangible Assets	207.0M	193.5M	202.2M	177.8M	204.5M	151.1M
Retained Earnings Total Equity	117.3M	118.0M	119.3M	129.0M	148.3M	155.8M
Deferred Long Term Liab	30.3M	33.2M	37.3M	30.7M	35.4M	18.0M
Long Term Investments	139.4M	128.4M	166.7M	145.7M	147.7M	111.6M
Warrants	14.2M	9.4M	17.8M	14.1M	12.7M	17.4M
Net Invested Capital	192.9M	184.1M	184.4M	163.7M	160.3M	143.2M
Net Working Capital	81.8M	83.1M	56.9M	44.1M	34.5M	48.8M
Capital Stock	95.9M	80.8M	80.4M	51.7M	22.2M	21.1M

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 Diamond Hill 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, Diamond Hill's short interest history, or implied volatility extrapolated from Diamond Hill options trading.

Pair Trading with Diamond Hill

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 Diamond Hill 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 Diamond Hill will appreciate offsetting losses from the drop in the long position's value.

Moving together with Diamond Stock

0.63

Associated Capital

Pair Corr

Moving against Diamond Stock

0.77	VSACU	Vision Sensing Acqui	Pair Corr
0.73	MA	Mastercard Financial Report 25th of April 2024	Pair Corr
0.72	HTGC	Hercules Capital Financial Report 2nd of May 2024	Pair Corr
0.69	TW	Tradeweb Markets Earnings Call Next Week	Pair Corr
0.69	AXP	American Express Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Diamond Hill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diamond Hill 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 Diamond Hill - 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 Diamond Hill Investment to buy it.

The correlation of Diamond Hill 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 Diamond Hill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diamond Hill Investment 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 Diamond Hill 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.

Pair Correlation Correlation Matching

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:

How To Invest In Diamond

Details

Is Diamond Stock a good investment?

Details

What is Diamond Hill's Net Worth?

Details

Largest Asset Management & Custody Banks Companies

View

Largest Financial Services Companies

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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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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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

Earnings Share

14.33

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.

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Diamond Interest Coverage vs Payout Ratio Analysis

Interest Coverage vs Payout Ratio

Interest Coverage vs Payout Ratio Correlation Analysis

Correlation Coefficient

Interest Coverage

Payout Ratio

Diamond Hill fundamental ratios Correlations

Diamond Hill Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Diamond Hill fundamental ratios Accounts

Pair Trading with Diamond Hill

Moving together with Diamond Stock

Moving against Diamond Stock

Complementary Tools for Diamond Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Stockholder Equity	+ 1.0	Non Currrent Assets Other
Other Assets	+ 1.0	Non Currrent Assets Other
Other Assets	+ 1.0	Other Stockholder Equity
Total Current Liabilities	+ 0.95	Other Current Liab
Property Plant Equipment	+ 0.95	Property Plant And Equipment Net
Cash	+ 0.94	Property Plant And Equipment Net

Cash	- 0.99	Net Debt
Net Debt	- 0.93	Property Plant And Equipment Net
Net Debt	- 0.91	Total Assets
Property Plant Equipment	- 0.9	Net Debt
Net Debt	- 0.84	Total Stockholder Equity
Net Debt	- 0.83	Total Current Liabilities