Deluxe Non Current Liabilities Total vs Asset Turnover Analysis

DLX Stock  USD 19.75  0.58  2.85%   
Deluxe financial indicator trend analysis is much more than just examining Deluxe latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Deluxe is a good investment. Please check the relationship between Deluxe Non Current Liabilities Total and its Asset Turnover accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deluxe. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Deluxe Stock please use our How to Invest in Deluxe guide.

Non Current Liabilities Total vs Asset Turnover

Non Current Liabilities Total vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Deluxe Non Current Liabilities Total account and Asset Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Deluxe's Non Current Liabilities Total and Asset Turnover is -0.44. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Deluxe, assuming nothing else is changed. The correlation between historical values of Deluxe's Non Current Liabilities Total and Asset Turnover 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 Liabilities Total of Deluxe are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Non Current Liabilities Total i.e., Deluxe's Non Current Liabilities Total and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Current Liabilities Total

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Deluxe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Deluxe 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 Deluxe. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Deluxe Stock please use our How to Invest in Deluxe guide.At this time, Deluxe's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 7.50 in 2024, whereas Selling General Administrative is likely to drop slightly above 810.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.2B1.2B1.1B
Total Revenue2.0B2.2B2.2B1.7B

Deluxe fundamental ratios Correlations

0.950.90.710.330.350.950.23-0.450.990.93-0.450.74-0.670.930.560.970.010.970.570.780.00.850.820.78-0.81
0.950.950.660.030.541.0-0.07-0.460.930.92-0.460.69-0.620.980.380.950.161.00.640.77-0.070.730.790.7-0.78
0.90.950.57-0.050.620.95-0.16-0.390.850.85-0.380.58-0.440.940.310.930.370.960.820.72-0.110.620.660.57-0.66
0.710.660.570.290.180.660.21-0.30.710.64-0.30.62-0.610.550.610.67-0.210.690.280.740.520.680.780.8-0.63
0.330.03-0.050.29-0.520.040.99-0.130.390.21-0.130.38-0.360.030.690.21-0.590.08-0.250.230.120.590.370.51-0.3
0.350.540.620.18-0.520.52-0.590.080.250.490.080.420.20.55-0.040.490.790.520.660.53-0.280.20.30.09-0.01
0.951.00.950.660.040.52-0.06-0.510.930.91-0.50.68-0.630.980.380.940.140.990.620.76-0.070.740.790.71-0.78
0.23-0.07-0.160.210.99-0.59-0.06-0.080.290.13-0.090.32-0.32-0.070.650.11-0.64-0.02-0.340.140.130.510.280.41-0.25
-0.45-0.46-0.39-0.3-0.130.08-0.51-0.08-0.54-0.281.0-0.170.48-0.47-0.11-0.320.21-0.45-0.02-0.10.03-0.44-0.33-0.540.42
0.990.930.850.710.390.250.930.29-0.540.89-0.540.7-0.720.90.550.93-0.090.940.490.730.030.870.820.82-0.83
0.930.920.850.640.210.490.910.13-0.280.89-0.280.84-0.640.910.580.960.050.920.550.85-0.110.770.850.66-0.8
-0.45-0.46-0.38-0.3-0.130.08-0.5-0.091.0-0.54-0.28-0.170.48-0.47-0.11-0.320.22-0.45-0.01-0.10.03-0.44-0.34-0.550.42
0.740.690.580.620.380.420.680.32-0.170.70.84-0.17-0.530.70.790.77-0.090.690.240.93-0.20.840.920.74-0.62
-0.67-0.62-0.44-0.61-0.360.2-0.63-0.320.48-0.72-0.640.48-0.53-0.6-0.47-0.60.64-0.62-0.02-0.52-0.07-0.6-0.74-0.680.94
0.930.980.940.550.030.550.98-0.07-0.470.90.91-0.470.7-0.60.350.930.180.970.620.76-0.250.740.780.68-0.76
0.560.380.310.610.69-0.040.380.65-0.110.550.58-0.110.79-0.470.350.57-0.330.420.00.70.110.710.720.63-0.49
0.970.950.930.670.210.490.940.11-0.320.930.96-0.320.77-0.60.930.570.130.960.680.83-0.060.760.810.67-0.79
0.010.160.37-0.21-0.590.790.14-0.640.21-0.090.050.22-0.090.640.18-0.330.130.150.660.05-0.23-0.21-0.23-0.310.4
0.971.00.960.690.080.520.99-0.02-0.450.940.92-0.450.69-0.620.970.420.960.150.660.78-0.030.750.790.71-0.78
0.570.640.820.28-0.250.660.62-0.34-0.020.490.55-0.010.24-0.020.620.00.680.660.660.44-0.070.20.250.13-0.33
0.780.770.720.740.230.530.760.14-0.10.730.85-0.10.93-0.520.760.70.830.050.780.44-0.120.780.930.76-0.63
0.0-0.07-0.110.520.12-0.28-0.070.130.030.03-0.110.03-0.2-0.07-0.250.11-0.06-0.23-0.03-0.07-0.12-0.06-0.080.06-0.02
0.850.730.620.680.590.20.740.51-0.440.870.77-0.440.84-0.60.740.710.76-0.210.750.20.78-0.060.880.89-0.64
0.820.790.660.780.370.30.790.28-0.330.820.85-0.340.92-0.740.780.720.81-0.230.790.250.93-0.080.880.88-0.77
0.780.70.570.80.510.090.710.41-0.540.820.66-0.550.74-0.680.680.630.67-0.310.710.130.760.060.890.88-0.65
-0.81-0.78-0.66-0.63-0.3-0.01-0.78-0.250.42-0.83-0.80.42-0.620.94-0.76-0.49-0.790.4-0.78-0.33-0.63-0.02-0.64-0.77-0.65
Click cells to compare fundamentals

Deluxe Account Relationship Matchups

Deluxe fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.9B3.1B3.1B3.1B3.2B
Short Long Term Debt Total917.1M868.4M1.7B1.7B1.7B1.7B
Other Current Liab236.7M241.1M420.5M476.5M542.7M569.8M
Total Current Liabilities407.9M411.8M683.4M752.3M819.1M413.7M
Total Stockholder Equity570.9M540.8M574.6M604.2M604.6M509.5M
Property Plant And Equipment Net140.9M124.6M190.5M172M175.5M172.2M
Net Debt843.5M745.3M1.7B1.7B1.6B1.7B
Retained Earnings572.6M522.6M505.8M518.6M491.2M442.4M
Cash73.6M123.1M41.2M40.4M72M62.5M
Non Current Assets Total1.5B1.4B2.5B2.4B2.3B2.4B
Non Currrent Assets Other200.7M208.7M279.5M260.4M251.1M263.7M
Cash And Short Term Investments73.6M123.1M41.2M40.4M72M64.1M
Net Receivables196.2M179.6M228.3M245.4M217.1M132.2M
Common Stock Shares Outstanding43.0M42.1M42.8M43.3M43.8M50.9M
Liabilities And Stockholders Equity1.9B1.9B3.1B3.1B3.1B3.2B
Non Current Liabilities Total964.5M922.3M1.8B1.7B1.7B1.7B
Inventory39.9M40.1M34.9M52.3M42.1M32.9M
Other Current Assets398.6M383.5M579.3M663.6M689M723.5M
Other Stockholder Equity4.1M17.7M57.7M79.6M99.6M157.5M
Total Liab1.4B1.3B2.5B2.5B2.5B2.6B
Property Plant And Equipment Gross140.8M124.6M190.5M172M509.6M535.1M
Total Current Assets472.2M506.6M620.5M704M761M390.0M
Accumulated Other Comprehensive Income(47.9M)(41.4M)(31.5M)(37.3M)(30.0M)(31.5M)
Short Term Debt12.9M11.6M57.2M71.7M86.2M92.9M
Intangible Assets276.1M246.8M504.4M459M391.7M296.5M
Accounts Payable112.2M117.0M153.1M157.1M154.9M84.0M
Good Will804.5M736.8M1.4B1.4B1.4B734.2M
Common Stock Total Equity42.1M42.0M42.7M43.2M38.9M41.3M
Common Stock42.1M42.0M42.7M43.2M43.7M41.1M
Other Liab45.9M53.9M134.2M71.2M81.9M82.8M
Other Assets223.0M295.9M328.9M249.1M286.4M186.4M
Long Term Debt883.5M840M1.6B1.6B1.5B807.6M
Property Plant Equipment96.5M88.7M190.5M172.0M154.8M97.2M
Current Deferred Revenue46.1M42.1M52.6M47.0M35.3M33.3M
Net Tangible Assets(476.2M)(414.6M)(1.4B)(1.2B)(1.1B)(1.1B)
Retained Earnings Total Equity572.6M522.6M505.8M518.6M596.4M644.6M
Long Term Debt Total883.5M840M1.7B1.6B1.8B1.9B
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 Deluxe 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, Deluxe's short interest history, or implied volatility extrapolated from Deluxe options trading.

Pair Trading with Deluxe

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 Deluxe 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 Deluxe will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Deluxe could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Deluxe 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 Deluxe - 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 Deluxe to buy it.
The correlation of Deluxe 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 Deluxe moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Deluxe 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 Deluxe 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 CorrelationCorrelation Matching
When determining whether Deluxe offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Deluxe's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Deluxe Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Deluxe Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deluxe. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Deluxe Stock please use our How to Invest in Deluxe guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Deluxe's price analysis, check to measure Deluxe'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 Deluxe is operating at the current time. Most of Deluxe's value examination focuses on studying past and present price action to predict the probability of Deluxe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deluxe's price. Additionally, you may evaluate how the addition of Deluxe to your portfolios can decrease your overall portfolio volatility.
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Is Deluxe'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 Deluxe. If investors know Deluxe 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 Deluxe 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
(0.23)
Dividend Share
1.2
Earnings Share
0.59
Revenue Per Share
50.335
Quarterly Revenue Growth
(0.05)
The market value of Deluxe is measured differently than its book value, which is the value of Deluxe that is recorded on the company's balance sheet. Investors also form their own opinion of Deluxe's value that differs from its market value or its book value, called intrinsic value, which is Deluxe'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 Deluxe's market value can be influenced by many factors that don't directly affect Deluxe'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 Deluxe's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deluxe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deluxe'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.