DHI Net Debt vs Accounts Payable Analysis

DHI Stock

USD 145.33 1.13 0.78%

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

For more detail on how to invest in DHI Stock please use our How to Invest in DR Horton guide.

Net Debt vs Accounts Payable

Net Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DR Horton Net Debt account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.

The correlation between DR Horton's Net Debt and Accounts Payable is 0.26. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of DR Horton, assuming nothing else is changed. The correlation between historical values of DR Horton's Net Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of DR Horton are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Debt i.e., DR Horton's Net Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.26

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Accounts Payable

An accounting item on the balance sheet that represents DR Horton obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of DR Horton are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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

For more detail on how to invest in DHI Stock please use our How to Invest in DR Horton guide.As of now, DR Horton's Selling General Administrative is increasing as compared to previous years. The DR Horton's current Enterprise Value Over EBITDA is estimated to increase to 79.20, while Tax Provision is projected to decrease to under 920.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	10.5B	9.4B	10.8B	11.3B
Total Revenue	33.5B	35.5B	40.8B	42.8B

Gross Profit Total Revenue

DR Horton fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Retained Earnings	Intangible Assets	Other Current Liab	Common Stock Total Equity	Common Stock	Other Assets
Total Assets		0.71	0.91	1.0	0.59	0.17	0.98	0.96	0.99	0.83	0.95	-0.53	0.87	1.0	0.85	-0.71	0.97	-0.21	1.0	0.93	0.99	-0.47	0.24	0.54	0.54	0.24
Short Long Term Debt Total	0.71		0.66	0.66	0.32	0.54	0.78	0.66	0.7	0.38	0.65	-0.6	0.83	0.72	0.67	-0.25	0.82	-0.06	0.71	0.86	0.62	-0.2	-0.15	0.83	0.83	0.52
Total Current Liabilities	0.91	0.66		0.91	0.43	0.15	0.88	0.89	0.92	0.8	0.9	-0.58	0.68	0.9	0.87	-0.7	0.9	-0.34	0.91	0.86	0.91	-0.51	0.25	0.5	0.5	0.3
Total Stockholder Equity	1.0	0.66	0.91		0.61	0.09	0.97	0.96	0.99	0.85	0.95	-0.49	0.84	0.99	0.83	-0.74	0.95	-0.21	1.0	0.9	0.99	-0.49	0.27	0.49	0.5	0.19
Property Plant And Equipment Net	0.59	0.32	0.43	0.61		-0.18	0.56	0.65	0.57	0.39	0.64	-0.36	0.5	0.58	0.3	-0.2	0.51	0.2	0.59	0.49	0.57	-0.15	0.11	0.48	0.48	-0.38
Net Debt	0.17	0.54	0.15	0.09	-0.18		0.26	-0.01	0.2	-0.15	-0.02	-0.61	0.49	0.2	0.24	0.28	0.36	0.31	0.16	0.44	0.04	0.31	-0.27	0.54	0.54	0.55
Accounts Payable	0.98	0.78	0.88	0.97	0.56	0.26		0.94	0.96	0.74	0.93	-0.56	0.92	0.98	0.85	-0.62	0.98	-0.17	0.98	0.96	0.95	-0.44	0.1	0.59	0.6	0.36
Cash	0.96	0.66	0.89	0.96	0.65	-0.01	0.94		0.93	0.83	1.0	-0.5	0.81	0.94	0.76	-0.69	0.92	-0.32	0.96	0.88	0.95	-0.53	0.24	0.49	0.5	0.14
Non Current Assets Total	0.99	0.7	0.92	0.99	0.57	0.2	0.96	0.93		0.82	0.93	-0.54	0.86	0.99	0.86	-0.73	0.97	-0.24	0.99	0.92	0.98	-0.47	0.29	0.52	0.52	0.21
Non Currrent Assets Other	0.83	0.38	0.8	0.85	0.39	-0.15	0.74	0.83	0.82		0.83	-0.3	0.57	0.82	0.59	-0.82	0.74	-0.37	0.83	0.65	0.88	-0.43	0.6	0.23	0.24	-0.04
Cash And Short Term Investments	0.95	0.65	0.9	0.95	0.64	-0.02	0.93	1.0	0.93	0.83		-0.51	0.79	0.93	0.77	-0.69	0.92	-0.34	0.95	0.88	0.95	-0.53	0.25	0.49	0.5	0.14
Common Stock Shares Outstanding	-0.53	-0.6	-0.58	-0.49	-0.36	-0.61	-0.56	-0.5	-0.54	-0.3	-0.51		-0.61	-0.53	-0.38	-0.04	-0.65	-0.18	-0.53	-0.69	-0.42	-0.11	-0.08	-0.77	-0.77	-0.19
Non Current Liabilities Total	0.87	0.83	0.68	0.84	0.5	0.49	0.92	0.81	0.86	0.57	0.79	-0.61		0.89	0.71	-0.42	0.93	-0.03	0.87	0.94	0.81	-0.25	0.01	0.66	0.67	0.37
Inventory	1.0	0.72	0.9	0.99	0.58	0.2	0.98	0.94	0.99	0.82	0.93	-0.53	0.89		0.84	-0.69	0.97	-0.17	1.0	0.93	0.98	-0.45	0.23	0.55	0.55	0.25
Other Current Assets	0.85	0.67	0.87	0.83	0.3	0.24	0.85	0.76	0.86	0.59	0.77	-0.38	0.71	0.84		-0.72	0.85	-0.35	0.85	0.83	0.84	-0.66	-0.04	0.33	0.34	0.54
Other Stockholder Equity	-0.71	-0.25	-0.7	-0.74	-0.2	0.28	-0.62	-0.69	-0.73	-0.82	-0.69	-0.04	-0.42	-0.69	-0.72		-0.6	0.65	-0.7	-0.5	-0.8	0.74	-0.46	0.14	0.13	-0.09
Total Liab	0.97	0.82	0.9	0.95	0.51	0.36	0.98	0.92	0.97	0.74	0.92	-0.65	0.93	0.97	0.85	-0.6		-0.19	0.97	0.99	0.93	-0.41	0.13	0.64	0.64	0.37
Property Plant And Equipment Gross	-0.21	-0.06	-0.34	-0.21	0.2	0.31	-0.17	-0.32	-0.24	-0.37	-0.34	-0.18	-0.03	-0.17	-0.35	0.65	-0.19		-0.21	-0.15	-0.29	0.56	-0.33	0.35	0.35	-0.13
Total Current Assets	1.0	0.71	0.91	1.0	0.59	0.16	0.98	0.96	0.99	0.83	0.95	-0.53	0.87	1.0	0.85	-0.7	0.97	-0.21		0.93	0.99	-0.47	0.23	0.54	0.54	0.24
Short Term Debt	0.93	0.86	0.86	0.9	0.49	0.44	0.96	0.88	0.92	0.65	0.88	-0.69	0.94	0.93	0.83	-0.5	0.99	-0.15	0.93		0.87	-0.37	0.02	0.69	0.69	0.42
Retained Earnings	0.99	0.62	0.91	0.99	0.57	0.04	0.95	0.95	0.98	0.88	0.95	-0.42	0.81	0.98	0.84	-0.8	0.93	-0.29	0.99	0.87		-0.54	0.31	0.41	0.42	0.18
Intangible Assets	-0.47	-0.2	-0.51	-0.49	-0.15	0.31	-0.44	-0.53	-0.47	-0.43	-0.53	-0.11	-0.25	-0.45	-0.66	0.74	-0.41	0.56	-0.47	-0.37	-0.54		0.0	0.2	0.2	-0.27
Other Current Liab	0.24	-0.15	0.25	0.27	0.11	-0.27	0.1	0.24	0.29	0.6	0.25	-0.08	0.01	0.23	-0.04	-0.46	0.13	-0.33	0.23	0.02	0.31	0.0		-0.08	-0.08	-0.58
Common Stock Total Equity	0.54	0.83	0.5	0.49	0.48	0.54	0.59	0.49	0.52	0.23	0.49	-0.77	0.66	0.55	0.33	0.14	0.64	0.35	0.54	0.69	0.41	0.2	-0.08		1.0	0.2
Common Stock	0.54	0.83	0.5	0.5	0.48	0.54	0.6	0.5	0.52	0.24	0.5	-0.77	0.67	0.55	0.34	0.13	0.64	0.35	0.54	0.69	0.42	0.2	-0.08	1.0		0.2
Other Assets	0.24	0.52	0.3	0.19	-0.38	0.55	0.36	0.14	0.21	-0.04	0.14	-0.19	0.37	0.25	0.54	-0.09	0.37	-0.13	0.24	0.42	0.18	-0.27	-0.58	0.2	0.2

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DR Horton Account Relationship Matchups

DR Horton fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	18.9B	24.0B	30.4B	32.6B	37.5B	39.3B
Short Long Term Debt Total	4.3B	5.4B	6.1B	5.1B	5.9B	3.1B
Total Current Liabilities	2.5B	3.4B	4.5B	4.4B	5.0B	5.3B
Total Stockholder Equity	11.8B	14.9B	19.4B	22.7B	26.1B	27.4B
Property Plant And Equipment Net	683.7M	114.6M	152.8M	445.4M	512.2M	537.8M
Net Debt	1.3B	2.2B	3.5B	1.2B	1.4B	1.9B
Accounts Payable	900.5M	1.2B	1.4B	1.2B	1.4B	1.5B
Cash	3.0B	3.2B	2.5B	3.9B	4.5B	4.7B
Non Current Assets Total	2.1B	2.3B	3.7B	3.8B	4.4B	4.6B
Non Currrent Assets Other	(688.5M)	1.6B	515.2M	3.4B	4.0B	4.2B
Cash And Short Term Investments	3.0B	3.2B	2.5B	3.9B	4.5B	4.7B
Common Stock Shares Outstanding	370.2M	365.8M	354.8M	343.3M	394.8M	320.7M
Liabilities And Stockholders Equity	18.9B	24.0B	30.4B	32.6B	37.5B	39.3B
Non Current Liabilities Total	4.3B	5.4B	6.1B	5.1B	5.9B	6.2B
Inventory	12.2B	16.5B	21.7B	22.4B	25.7B	27.0B
Other Current Assets	1.3B	1.7B	4.2B	2.1B	2.4B	2.6B
Other Stockholder Equity	2.1B	1.2B	207M	(897.6M)	(1.0B)	(980.6M)
Total Liab	6.8B	8.8B	10.6B	9.4B	10.9B	11.4B
Property Plant And Equipment Gross	104.4M	114.6M	152.8M	64.6M	74.3M	121.3M
Total Current Assets	16.8B	21.7B	26.6B	28.8B	33.1B	34.8B
Short Term Debt	4.3B	5.4B	6.1B	5.1B	5.9B	6.2B
Retained Earnings	9.8B	13.6B	19.2B	23.6B	27.1B	28.5B
Other Current Liab	(2.8B)	(3.4B)	(3.2B)	3.1B	2.8B	2.9B
Other Assets	201M	5.1B	5.4B	213.7M	245.8M	233.5M
Long Term Debt	4.3B	5.4B	6.1B	5.1B	5.9B	3.6B
Treasury Stock	(802.2M)	(1.2B)	(2.0B)	(3.1B)	(2.8B)	(2.7B)
Property Plant Equipment	683.7M	392.9M	471.6M	445.4M	512.2M	537.8M
Other Liab	685.5M	871.3M	1.3B	1.2B	1.0B	618.4M
Current Deferred Revenue	93.1M	193.4M	224.2M	(5.1B)	(4.6B)	(4.4B)
Net Receivables	271.4M	321.7M	423.1M	426.9M	490.9M	282.0M
Net Tangible Assets	11.7B	14.7B	19.2B	22.5B	25.9B	27.2B

DR Horton Investors Sentiment

The influence of DR Horton'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 DHI. 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 DR Horton's public news can be used to forecast risks associated with an investment in DHI. The trend in average sentiment can be used to explain how an investor holding DHI can time the market purely based on public headlines and social activities around DR Horton. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

DR Horton'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 DR Horton'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 DR Horton's news discussions. The higher the estimated score, the more favorable is the investor's outlook on DR Horton.

DR Horton Implied Volatility

34.87

DR Horton's implied volatility exposes the market's sentiment of DR Horton stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if DR Horton's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that DR Horton stock will not fluctuate a lot when DR Horton's options are near their expiration.

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 DR Horton 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, DR Horton's short interest history, or implied volatility extrapolated from DR Horton options trading.

Pair Trading with DR Horton

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 DR Horton 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 DR Horton will appreciate offsetting losses from the drop in the long position's value.

Moving together with DHI Stock

0.89

Brunswick Earnings Call This Week

Pair Corr

Moving against DHI Stock

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0.46	VMAR	Vision Marine Techno Financial Report 11th of July 2024	Pair Corr

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

The correlation of DR Horton 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 DR Horton moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DR Horton 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 DR Horton 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 DR Horton offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DR Horton'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 Dr Horton Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dr Horton Stock:

How To Invest In DHI

Details

Is DHI Stock a good investment?

Details

What is DR Horton's Net Worth?

Details

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

For more detail on how to invest in DHI Stock please use our How to Invest in DR Horton guide.

Note that the DR Horton information on this page should be used as a complementary analysis to other DR Horton'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for DHI Stock analysis

When running DR Horton's price analysis, check to measure DR Horton'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 DR Horton is operating at the current time. Most of DR Horton's value examination focuses on studying past and present price action to predict the probability of DR Horton's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DR Horton's price. Additionally, you may evaluate how the addition of DR Horton to your portfolios can decrease your overall portfolio volatility.

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Is DR Horton'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 DR Horton. If investors know DHI 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 DR Horton 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

0.289

Dividend Share

1.1

Earnings Share

14.66

Revenue Per Share

110.586

Quarterly Revenue Growth

0.142

The market value of DR Horton is measured differently than its book value, which is the value of DHI that is recorded on the company's balance sheet. Investors also form their own opinion of DR Horton's value that differs from its market value or its book value, called intrinsic value, which is DR Horton'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 DR Horton's market value can be influenced by many factors that don't directly affect DR Horton'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 DR Horton's value and its price as these two are different measures arrived at by different means. Investors typically determine if DR Horton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DR Horton'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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DHI Net Debt vs Accounts Payable Analysis

Net Debt vs Accounts Payable

Net Debt vs Accounts Payable Correlation Analysis

Correlation Coefficient

Net Debt

Accounts Payable

DR Horton fundamental ratios Correlations

DR Horton Account Relationship Matchups

High Positive Relationship

High Negative Relationship

DR Horton fundamental ratios Accounts

DR Horton Investors Sentiment

DR Horton Implied Volatility

Pair Trading with DR Horton

Moving together with DHI Stock

Moving against DHI Stock

Complementary Tools for DHI Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Inventory	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Inventory

Other Stockholder Equity	- 0.82	Non Currrent Assets Other
Retained Earnings	- 0.8	Other Stockholder Equity
Common Stock	- 0.77	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.77	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.74	Total Stockholder Equity
Other Stockholder Equity	- 0.73	Non Current Assets Total