DIRTT Long Term Debt vs Inventory Analysis

DRT Stock

CAD 0.60 0.01 1.64%

DIRTT Environmental financial indicator trend analysis is much more than just examining DIRTT Environmental latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DIRTT Environmental is a good investment. Please check the relationship between DIRTT Environmental Long Term Debt and its Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DIRTT Environmental Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Long Term Debt vs Inventory

Long Term Debt vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DIRTT Environmental Long Term Debt account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between DIRTT Environmental's Long Term Debt and Inventory is 0.42. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Inventory in the same time period over historical financial statements of DIRTT Environmental Solutions, assuming nothing else is changed. The correlation between historical values of DIRTT Environmental's Long Term Debt and Inventory 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 of DIRTT Environmental Solutions are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Long Term Debt i.e., DIRTT Environmental's Long Term Debt and Inventory go up and down completely randomly.

Correlation Coefficient

0.42

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Long Term Debt

Long-term debt is a debt that DIRTT Environmental has held for over one year. Long-term debt appears on DIRTT Environmental Solutions balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on DIRTT Environmental Solutions balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Inventory

Most indicators from DIRTT Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DIRTT Environmental 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 DIRTT Environmental Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

As of the 31st of May 2024, Selling General Administrative is likely to drop to about 36.2 M. In addition to that, Tax Provision is likely to drop to about 315.4 K

	2021	2022	2023	2024 (projected)
Interest Expense	3.1M	5.2M	4.9M	5.2M
Depreciation And Amortization	77K	51K	45.9K	43.6K

Interest Expense Depreciation And Amortization

DIRTT Environmental fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.24	0.49	0.72	0.42	0.12	0.41	0.7	-0.77	-0.02	0.02	0.42	0.65	0.85	0.59	0.44	0.1	0.51	0.38	-0.38	0.61	0.65	0.25	0.78	0.62	0.52
Short Long Term Debt Total	0.24		-0.13	0.32	-0.76	-0.42	-0.71	0.66	-0.51	0.88	-0.95	-0.24	-0.37	0.51	0.65	-0.12	0.95	-0.57	-0.28	-0.95	0.7	0.54	0.99	0.51	0.74	0.71
Other Current Liab	0.49	-0.13		0.48	0.43	-0.28	0.26	0.5	-0.27	0.07	0.26	-0.03	0.15	0.55	0.56	0.2	-0.16	0.35	0.56	0.05	0.26	0.1	-0.04	0.41	0.44	0.2
Total Current Liabilities	0.72	0.32	0.48		0.1	-0.07	0.0	0.5	-0.34	0.16	-0.23	0.6	0.21	0.61	0.49	0.57	0.22	0.09	0.66	-0.47	0.59	0.67	0.32	0.83	0.53	0.39
Total Stockholder Equity	0.42	-0.76	0.43	0.1		0.45	0.96	-0.11	-0.1	-0.82	0.89	0.46	0.79	0.1	-0.18	0.35	-0.81	0.9	0.43	0.63	-0.18	-0.03	-0.74	0.01	-0.24	-0.26
Other Liab	0.12	-0.42	-0.28	-0.07	0.45		0.6	-0.43	0.16	-0.6	0.45	0.55	0.61	-0.29	-0.6	0.26	-0.33	0.56	0.14	0.24	-0.36	0.01	-0.43	0.0	-0.46	-0.45
Net Tangible Assets	0.41	-0.71	0.26	0.0	0.96	0.6		-0.16	-0.17	-0.83	0.85	0.47	0.84	0.04	-0.24	0.28	-0.75	0.91	0.35	0.55	-0.18	0.05	-0.7	0.01	-0.28	-0.33
Property Plant And Equipment Net	0.7	0.66	0.5	0.5	-0.11	-0.43	-0.16		-0.85	0.59	-0.47	-0.16	0.04	0.96	0.94	0.09	0.51	-0.03	-0.04	-0.66	0.85	0.61	0.7	0.71	0.9	0.83
Current Deferred Revenue	-0.77	-0.51	-0.27	-0.34	-0.1	0.16	-0.17	-0.85		-0.28	0.28	0.02	-0.35	-0.85	-0.75	-0.02	-0.32	-0.2	0.05	0.54	-0.79	-0.72	-0.51	-0.61	-0.73	-0.66
Net Debt	-0.02	0.88	0.07	0.16	-0.82	-0.6	-0.83	0.59	-0.28		-0.9	-0.51	-0.66	0.4	0.64	-0.29	0.89	-0.7	-0.29	-0.79	0.51	0.24	0.91	0.37	0.64	0.59
Retained Earnings	0.02	-0.95	0.26	-0.23	0.89	0.45	0.85	-0.47	0.28	-0.9		0.28	0.6	-0.3	-0.51	0.15	-0.91	0.78	0.3	0.88	-0.58	-0.43	-0.93	-0.39	-0.54	-0.53
Accounts Payable	0.42	-0.24	-0.03	0.6	0.46	0.55	0.47	-0.16	0.02	-0.51	0.28		0.57	0.03	-0.27	0.56	-0.25	0.47	0.53	0.03	0.1	0.44	-0.28	0.4	-0.11	-0.07
Cash	0.65	-0.37	0.15	0.21	0.79	0.61	0.84	0.04	-0.35	-0.66	0.6	0.57		0.25	-0.1	0.37	-0.4	0.93	0.24	0.22	0.01	0.21	-0.37	0.18	0.05	0.04
Non Current Assets Total	0.85	0.51	0.55	0.61	0.1	-0.29	0.04	0.96	-0.85	0.4	-0.3	0.03	0.25		0.87	0.26	0.35	0.16	0.08	-0.55	0.81	0.63	0.54	0.78	0.82	0.78
Non Currrent Assets Other	0.59	0.65	0.56	0.49	-0.18	-0.6	-0.24	0.94	-0.75	0.64	-0.51	-0.27	-0.1	0.87		0.09	0.51	-0.15	0.05	-0.65	0.85	0.57	0.69	0.66	0.88	0.74
Other Assets	0.44	-0.12	0.2	0.57	0.35	0.26	0.28	0.09	-0.02	-0.29	0.15	0.56	0.37	0.26	0.09		-0.21	0.29	0.29	-0.03	0.23	0.35	-0.15	0.47	0.05	-0.02
Long Term Debt	0.1	0.95	-0.16	0.22	-0.81	-0.33	-0.75	0.51	-0.32	0.89	-0.91	-0.25	-0.4	0.35	0.51	-0.21		-0.54	-0.31	-0.92	0.52	0.36	0.96	0.42	0.67	0.64
Cash And Short Term Investments	0.51	-0.57	0.35	0.09	0.9	0.56	0.91	-0.03	-0.2	-0.7	0.78	0.47	0.93	0.16	-0.15	0.29	-0.54		0.27	0.42	-0.13	0.01	-0.53	0.07	-0.03	-0.06
Net Receivables	0.38	-0.28	0.56	0.66	0.43	0.14	0.35	-0.04	0.05	-0.29	0.3	0.53	0.24	0.08	0.05	0.29	-0.31	0.27		0.1	0.04	0.25	-0.27	0.37	-0.02	-0.28
Good Will	-0.38	-0.95	0.05	-0.47	0.63	0.24	0.55	-0.66	0.54	-0.79	0.88	0.03	0.22	-0.55	-0.65	-0.03	-0.92	0.42	0.1		-0.75	-0.68	-0.95	-0.68	-0.76	-0.65
Common Stock Total Equity	0.61	0.7	0.26	0.59	-0.18	-0.36	-0.18	0.85	-0.79	0.51	-0.58	0.1	0.01	0.81	0.85	0.23	0.52	-0.13	0.04	-0.75		0.87	0.69	0.77	0.8	0.74
Common Stock Shares Outstanding	0.65	0.54	0.1	0.67	-0.03	0.01	0.05	0.61	-0.72	0.24	-0.43	0.44	0.21	0.63	0.57	0.35	0.36	0.01	0.25	-0.68	0.87		0.49	0.8	0.59	0.45
Non Current Liabilities Total	0.25	0.99	-0.04	0.32	-0.74	-0.43	-0.7	0.7	-0.51	0.91	-0.93	-0.28	-0.37	0.54	0.69	-0.15	0.96	-0.53	-0.27	-0.95	0.69	0.49		0.52	0.78	0.74
Inventory	0.78	0.51	0.41	0.83	0.01	0.0	0.01	0.71	-0.61	0.37	-0.39	0.4	0.18	0.78	0.66	0.47	0.42	0.07	0.37	-0.68	0.77	0.8	0.52		0.62	0.5
Other Current Assets	0.62	0.74	0.44	0.53	-0.24	-0.46	-0.28	0.9	-0.73	0.64	-0.54	-0.11	0.05	0.82	0.88	0.05	0.67	-0.03	-0.02	-0.76	0.8	0.59	0.78	0.62		0.87
Other Stockholder Equity	0.52	0.71	0.2	0.39	-0.26	-0.45	-0.33	0.83	-0.66	0.59	-0.53	-0.07	0.04	0.78	0.74	-0.02	0.64	-0.06	-0.28	-0.65	0.74	0.45	0.74	0.5	0.87

Click cells to compare fundamentals

DIRTT Environmental Account Relationship Matchups

DIRTT Environmental fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	175.6M	183.1M	199.4M	143.7M	124.3M	173.3M
Short Long Term Debt Total	21.4M	41.3M	104.1M	98.9M	113.7M	119.4M
Other Current Liab	18.0M	18.2M	17.3M	16.4M	184K	174.8K
Total Current Liabilities	34.4M	31.3M	37.1M	36.0M	33.7M	36.6M
Total Stockholder Equity	125.0M	116.5M	67.8M	18.0M	7.1M	6.7M
Other Liab	995.2K	965K	35K	414K	372.6K	624.8K
Net Tangible Assets	115.4M	106.7M	60.4M	13.6M	12.2M	11.6M
Property Plant And Equipment Net	62.0M	83.5M	82.6M	72.0M	54.9M	57.5M
Current Deferred Revenue	3.6M	1.8M	2.4M	4.9M	4.4M	3.8M
Net Debt	(25.8M)	(4.6M)	43.8M	88.0M	31.4M	32.9M
Retained Earnings	(46.0M)	(57.3M)	(111.3M)	(166.3M)	(180.9M)	(171.8M)
Accounts Payable	7.6M	4.9M	7.8M	5.6M	12.4M	8.7M
Cash	47.2M	45.8M	60.3M	10.8M	24.7M	36.9M
Non Current Assets Total	82.5M	98.3M	95.6M	81.5M	60.8M	75.9M
Non Currrent Assets Other	5.5M	5.0M	5.7M	5.1M	3.5M	3.0M
Other Assets	10.9M	5.0M	5.7M	5.1M	5.9M	8.2M
Long Term Debt	35K	5.1M	67.3M	62.1M	55.3M	58.0M
Cash And Short Term Investments	47.2M	45.8M	60.3M	10.8M	9.7M	9.3M
Net Receivables	24.9M	19.0M	17.5M	21.8M	15.8M	17.7M
Common Stock Shares Outstanding	84.7M	84.7M	85.0M	87.7M	120.0M	91.4M
Liabilities And Stockholders Equity	175.6M	183.1M	199.4M	143.7M	165.2M	176.9M
Non Current Liabilities Total	16.2M	35.3M	94.6M	89.7M	83.5M	87.6M
Inventory	17.6M	16.0M	18.5M	22.3M	16.6M	18.4M
Other Current Assets	3.3M	4.1M	7.5M	3.8M	4.0M	3.2M
Other Stockholder Equity	8.3M	10.2M	13.2M	9.0M	10.4M	8.9M
Total Liab	50.6M	66.6M	131.7M	125.7M	117.2M	73.4M
Property Plant And Equipment Gross	62.0M	83.5M	191.8M	181.4M	170.0M	90.9M
Total Current Assets	93.0M	84.8M	103.8M	62.1M	63.5M	70.8M
Accumulated Other Comprehensive Income	(18.0M)	(17.0M)	(15.9M)	(16.1M)	(14.5M)	(13.8M)
Short Term Debt	5.3M	6.4M	9.5M	9.2M	10.6M	5.4M
Intangible Assets	8.2M	8.3M	7.4M	4.4M	2.5M	2.3M
Property Plant Equipment	62.0M	83.5M	82.6M	72.0M	82.8M	60.9M
Long Term Debt Total	3.1M	35K	5.1M	67.3M	77.4M	81.3M
Capital Surpluse	6.6M	8.3M	10.2M	13.2M	15.2M	10.2M

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DIRTT Environmental Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

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DIRTT Long Term Debt vs Inventory Analysis

Long Term Debt vs Inventory

Long Term Debt vs Inventory Correlation Analysis

Correlation Coefficient

Long Term Debt

Inventory

DIRTT Environmental fundamental ratios Correlations

DIRTT Environmental Account Relationship Matchups

High Positive Relationship

High Negative Relationship

DIRTT Environmental fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for DIRTT Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Net Tangible Assets	+ 0.96	Total Stockholder Equity
Non Current Assets Total	+ 0.96	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.96	Long Term Debt
Long Term Debt	+ 0.95	Short Long Term Debt Total
Non Currrent Assets Other	+ 0.94	Property Plant And Equipment Net

Non Current Liabilities Total	- 0.95	Good Will
Good Will	- 0.95	Short Long Term Debt Total
Retained Earnings	- 0.95	Short Long Term Debt Total
Non Current Liabilities Total	- 0.93	Retained Earnings
Good Will	- 0.92	Long Term Debt
Long Term Debt	- 0.91	Retained Earnings