DXP Accumulated Other Comprehensive Income vs Property Plant and Equipment Net Analysis

DXPE Stock  USD 52.97  1.05  1.94%   
DXP Enterprises financial indicator trend analysis is much more than just examining DXP Enterprises latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DXP Enterprises is a good investment. Please check the relationship between DXP Enterprises Accumulated Other Comprehensive Income and its Property Plant And Equipment Net accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DXP Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade DXP Stock refer to our How to Trade DXP Stock guide.

Accumulated Other Comprehensive Income vs Property Plant And Equipment Net

Accumulated Other Comprehensive Income vs Property Plant and Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DXP Enterprises Accumulated Other Comprehensive Income account and Property Plant and Equipment Net. At this time, the significance of the direction appears to have pay attention.
The correlation between DXP Enterprises' Accumulated Other Comprehensive Income and Property Plant and Equipment Net is -0.75. Overlapping area represents the amount of variation of Accumulated Other Comprehensive Income that can explain the historical movement of Property Plant and Equipment Net in the same time period over historical financial statements of DXP Enterprises, assuming nothing else is changed. The correlation between historical values of DXP Enterprises' Accumulated Other Comprehensive Income and Property Plant and Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Other Comprehensive Income of DXP Enterprises are associated (or correlated) with its Property Plant and Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant and Equipment Net has no effect on the direction of Accumulated Other Comprehensive Income i.e., DXP Enterprises' Accumulated Other Comprehensive Income and Property Plant and Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Accumulated Other Comprehensive Income

Gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from DXP Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DXP Enterprises 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 DXP Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade DXP Stock refer to our How to Trade DXP Stock guide.At present, DXP Enterprises' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.25, whereas Enterprise Value is forecasted to decline to about 464.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense21.1M29.1M53.1M55.8M
Depreciation And Amortization27.1M30.3M26.7M15.0M

DXP Enterprises fundamental ratios Correlations

0.960.790.910.920.860.910.940.650.750.970.60.750.970.760.650.970.520.760.440.980.890.980.250.410.76
0.960.770.880.790.810.950.890.540.780.930.620.780.930.80.471.00.370.770.260.990.90.950.290.390.81
0.790.770.840.650.520.710.760.450.640.720.620.640.810.680.430.780.370.770.130.820.710.820.050.220.69
0.910.880.840.780.680.920.80.740.510.920.50.510.920.610.590.870.590.660.350.930.720.870.470.610.61
0.920.790.650.780.870.720.910.660.680.90.490.680.860.610.810.810.610.640.670.820.790.890.130.330.61
0.860.810.520.680.870.740.810.480.690.870.460.690.750.570.640.810.50.550.560.80.850.80.270.280.57
0.910.950.710.920.720.740.770.660.540.930.460.540.910.650.490.930.470.680.280.960.750.850.470.60.66
0.940.890.760.80.910.810.770.50.820.860.690.820.940.830.550.90.420.810.30.90.920.970.070.140.83
0.650.540.450.740.660.480.660.50.120.710.120.120.660.170.790.530.860.310.630.60.30.560.420.760.17
0.750.780.640.510.680.690.540.820.120.630.741.00.680.840.270.80.050.70.130.740.920.83-0.14-0.150.84
0.970.930.720.920.90.870.930.860.710.630.490.630.910.630.690.930.550.660.540.950.80.90.40.570.64
0.60.620.620.50.490.460.460.690.120.740.490.740.540.540.050.630.150.41-0.150.610.760.660.04-0.030.54
0.750.780.640.510.680.690.540.820.121.00.630.740.680.840.270.80.050.70.130.740.920.83-0.14-0.150.84
0.970.930.810.920.860.750.910.940.660.680.910.540.680.80.610.940.50.840.320.960.830.970.180.360.8
0.760.80.680.610.610.570.650.830.170.840.630.540.840.80.240.82-0.050.93-0.030.790.840.83-0.06-0.131.0
0.650.470.430.590.810.640.490.550.790.270.690.050.270.610.240.480.740.40.880.520.380.570.10.450.24
0.971.00.780.870.810.810.930.90.530.80.930.630.80.940.820.480.370.790.260.990.910.960.230.350.82
0.520.370.370.590.610.50.470.420.860.050.550.150.050.5-0.050.740.370.090.620.440.250.460.30.61-0.05
0.760.770.770.660.640.550.680.810.310.70.660.410.70.840.930.40.790.090.070.780.730.82-0.12-0.060.93
0.440.260.130.350.670.560.280.30.630.130.54-0.150.130.32-0.030.880.260.620.070.290.190.320.170.49-0.03
0.980.990.820.930.820.80.960.90.60.740.950.610.740.960.790.520.990.440.780.290.880.960.30.430.79
0.890.90.710.720.790.850.750.920.30.920.80.760.920.830.840.380.910.250.730.190.880.920.140.070.84
0.980.950.820.870.890.80.850.970.560.830.90.660.830.970.830.570.960.460.820.320.960.920.10.250.83
0.250.290.050.470.130.270.470.070.42-0.140.40.04-0.140.18-0.060.10.230.3-0.120.170.30.140.10.73-0.06
0.410.390.220.610.330.280.60.140.76-0.150.57-0.03-0.150.36-0.130.450.350.61-0.060.490.430.070.250.73-0.13
0.760.810.690.610.610.570.660.830.170.840.640.540.840.81.00.240.82-0.050.93-0.030.790.840.83-0.06-0.13
Click cells to compare fundamentals

DXP Enterprises Account Relationship Matchups

DXP Enterprises fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets788.2M851.9M906.2M1.0B1.2B1.2B
Short Long Term Debt Total304.1M374.3M376.8M471.8M587.9M617.3M
Other Current Liab36.4M41.5M65.2M59.1M81.8M85.9M
Total Current Liabilities148.2M144.1M181.1M212.9M224.2M235.4M
Total Stockholder Equity343.8M347.1M358.6M365.4M380.9M399.9M
Property Plant And Equipment Net129.9M112.1M109.1M103.4M110.3M115.9M
Net Debt249.9M257.0M327.8M425.8M414.7M435.4M
Retained Earnings205.7M176.6M202.5M250.5M319.3M335.2M
Accounts Payable76.4M75.7M77.8M100.8M96.5M57.2M
Cash54.2M117.4M49.0M46.0M173.2M181.9M
Non Current Assets Total379.7M445.3M501.6M521.2M528.9M555.3M
Non Currrent Assets Other3.2M4.8M4.8M(436K)10.6M11.2M
Cash And Short Term Investments54.2M117.4M49.0M46.0M173.2M181.9M
Net Receivables220.6M187.5M245.1M347.0M353.5M371.2M
Common Stock Shares Outstanding18.4M17.7M19.8M19.5M17.7M15.1M
Liabilities And Stockholders Equity788.2M851.9M906.2M1.0B1.2B1.2B
Non Current Liabilities Total295.1M359.9M366.4M459.0M572.4M601.0M
Inventory129.4M97.1M100.9M101.4M103.8M76.8M
Other Current Assets4.2M4.5M9.5M21.6M18.0M18.9M
Other Stockholder Equity157.9M192.1M173.3M146.2M92.5M77.6M
Total Liab443.3M504.0M547.5M671.9M796.6M836.4M
Property Plant And Equipment Gross129.9M112.1M109.1M103.4M209.7M220.2M
Total Current Assets408.5M406.6M404.6M516.1M648.6M681.0M
Accumulated Other Comprehensive Income(20.0M)(21.8M)(17.3M)(31.7M)(31.2M)(29.7M)
Short Term Debt20.1M19.2M21.5M22.5M24.3M15.0M
Intangible Assets52.6M80.1M79.2M79.6M63.9M52.6M
Other Assets3.2M60.0M4.8M4.5M1.00.95
Long Term Debt237.0M235.4M317.1M409.2M520.7M546.7M
Property Plant Equipment63.7M112.1M56.9M46.0M52.9M40.5M
Current Deferred Revenue15.3M7.7M16.5M30.5M21.7M22.7M
Net Tangible Assets97.2M18.6M18.5M(48.0M)(43.2M)(41.0M)
Retained Earnings Total Equity205.7M176.6M186.1M250.5M288.1M171.5M
Long Term Debt Total237.0M235.4M317.1M409.2M470.6M293.0M
Capital Surpluse156.2M157.9M192.1M213.9M246.0M159.7M
Deferred Long Term Liab8.6M9.9M1.8M4.9M4.4M4.7M
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 DXP Enterprises 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, DXP Enterprises' short interest history, or implied volatility extrapolated from DXP Enterprises options trading.

Pair Trading with DXP Enterprises

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 DXP Enterprises 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 DXP Enterprises will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to DXP Enterprises could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DXP Enterprises 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 DXP Enterprises - 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 DXP Enterprises to buy it.
The correlation of DXP Enterprises 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 DXP Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DXP Enterprises 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 DXP Enterprises 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 DXP Enterprises is a strong investment it is important to analyze DXP Enterprises' 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 DXP Enterprises' future performance. For an informed investment choice regarding DXP Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DXP Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade DXP Stock refer to our How to Trade DXP Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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Is DXP Enterprises' 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 DXP Enterprises. If investors know DXP 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 DXP Enterprises 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
1.535
Earnings Share
3.89
Revenue Per Share
99.502
Quarterly Revenue Growth
0.002
Return On Assets
0.0786
The market value of DXP Enterprises is measured differently than its book value, which is the value of DXP that is recorded on the company's balance sheet. Investors also form their own opinion of DXP Enterprises' value that differs from its market value or its book value, called intrinsic value, which is DXP Enterprises' 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 DXP Enterprises' market value can be influenced by many factors that don't directly affect DXP Enterprises' 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 DXP Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if DXP Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DXP Enterprises' 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.