Delek Long Term Debt Total vs Net Debt Analysis
| DKL Stock | USD 40.17 0.85 2.16% |
Delek Logistics financial indicator trend analysis is much more than just examining Delek Logistics Partners latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Delek Logistics Partners is a good investment. Please check the relationship between Delek Logistics Long Term Debt Total and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delek Logistics Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
Long Term Debt Total vs Net Debt
Long Term Debt Total vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Delek Logistics Partners Long Term Debt Total account and Net Debt. At this time, the significance of the direction appears to have totally related.
The correlation between Delek Logistics' Long Term Debt Total and Net Debt is 0.99. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of Delek Logistics Partners, assuming nothing else is changed. The correlation between historical values of Delek Logistics' Long Term Debt Total and Net Debt 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 Total of Delek Logistics Partners are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Long Term Debt Total i.e., Delek Logistics' Long Term Debt Total and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Long Term Debt Total
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.Most indicators from Delek Logistics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Delek Logistics Partners 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 Delek Logistics Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. At this time, Delek Logistics' Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 14.01 this year, although the value of Tax Provision will most likely fall to about 268.5 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 50.2M | 82.3M | 143.2M | 150.4M | Depreciation And Amortization | 74.7M | 34.8M | 100.3M | 105.3M |
Delek Logistics fundamental ratios Correlations
Click cells to compare fundamentals
Delek Logistics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Delek Logistics fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 744.4M | 956.4M | 935.1M | 1.7B | 1.6B | 1.7B | |
| Other Current Liab | 21.2M | 13.0M | 81.8M | 25.8M | 17.3M | 15.9M | |
| Total Current Liabilities | 35.1M | 28.3M | 96.8M | 106.2M | 90.6M | 52.5M | |
| Total Stockholder Equity | (151.1M) | (108.3M) | (104.0M) | (110.7M) | (161.9M) | (153.8M) | |
| Other Liab | 25.1M | 28.7M | 29.2M | 24.8M | 28.6M | 18.3M | |
| Accounts Payable | 12.5M | 6.7M | 8.2M | 57.4M | 26.3M | 21.6M | |
| Other Assets | 24.0M | 98.8M | 25.6M | 16.4M | 18.9M | 19.1M | |
| Long Term Debt | 833.1M | 992.3M | 899.0M | 1.6B | 1.7B | 1.8B | |
| Common Stock Shares Outstanding | 24.4M | 33.6M | 43.5M | 43.5M | 43.6M | 31.9M | |
| Inventory | 12.6M | 3.1M | 2.4M | 1.5M | 2.3M | 2.2M | |
| Other Current Assets | 2.2M | 331K | 951K | 2.5M | 676K | 1.1M | |
| Total Liab | 895.6M | 1.1B | 1.0B | 1.8B | 1.8B | 1.9B | |
| Intangible Assets | 131.0M | 160.1M | 153.9M | 364.8M | 343.0M | 360.2M | |
| Property Plant Equipment | 295.0M | 464.8M | 470.3M | 948.8M | 1.1B | 1.1B | |
| Short Long Term Debt Total | 836.9M | 1.0B | 919.9M | 1.7B | 1.7B | 1.8B | |
| Property Plant And Equipment Net | 298.8M | 489.0M | 470.3M | 948.8M | 955.2M | 1.0B | |
| Net Debt | 831.3M | 1.0B | 915.6M | 1.7B | 1.7B | 1.8B | |
| Cash | 5.5M | 4.2M | 4.3M | 8.0M | 3.8M | 3.8M | |
| Non Current Assets Total | 710.9M | 927.1M | 912.0M | 1.6B | 1.6B | 1.6B | |
| Non Currrent Assets Other | 21.9M | 12.1M | 25.6M | 16.4M | (147.5M) | (140.1M) | |
| Cash And Short Term Investments | 5.5M | 4.2M | 4.3M | 8.0M | 3.8M | 4.1M | |
| Net Receivables | 13.2M | 21.6M | 15.4M | 53.3M | 69.6M | 73.1M | |
| Liabilities And Stockholders Equity | 744.4M | 956.4M | 935.1M | 1.7B | 1.6B | 1.7B | |
| Non Current Liabilities Total | 860.5M | 1.0B | 942.2M | 1.7B | 1.7B | 1.8B | |
| Other Stockholder Equity | (5.0M) | (108.3M) | (430.5M) | (110.7M) | (99.6M) | (94.6M) | |
| Property Plant And Equipment Gross | 298.8M | 489.0M | 449.4M | 924.0M | 1.3B | 1.4B | |
| Total Current Assets | 33.6M | 29.3M | 23.0M | 65.2M | 76.3M | 50.1M | |
| Short Term Debt | 1.4M | 8.7M | 6.8M | 23.0M | 36.7M | 38.5M | |
| Common Stock | (146.1M) | (108.3M) | (104.0M) | (110.7M) | (99.6M) | (94.6M) | |
| Net Tangible Assets | (151.1M) | (108.3M) | (270.1M) | (110.7M) | (99.6M) | (104.6M) | |
| Long Term Debt Total | 833.1M | 992.3M | 899.0M | 1.6B | 1.9B | 2.0B | |
| Non Current Liabilities Other | 27.2M | 43.5M | 43.3M | 15.8M | 21.4M | 23.9M | |
| Long Term Investments | 247.0M | 253.7M | 250.0M | 257.0M | 241.3M | 176.2M |
Delek Logistics Investors Sentiment
The influence of Delek Logistics' 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 Delek. 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 Delek Logistics' public news can be used to forecast risks associated with an investment in Delek. The trend in average sentiment can be used to explain how an investor holding Delek can time the market purely based on public headlines and social activities around Delek Logistics Partners. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Delek Logistics' 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 Delek Logistics' 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 Delek Logistics' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Delek Logistics.
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 Delek Logistics 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, Delek Logistics' short interest history, or implied volatility extrapolated from Delek Logistics options trading.
Pair Trading with Delek Logistics
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 Delek Logistics 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 Delek Logistics will appreciate offsetting losses from the drop in the long position's value.Moving together with Delek Stock
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Moving against Delek Stock
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The ability to find closely correlated positions to Delek Logistics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Delek Logistics 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 Delek Logistics - 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 Delek Logistics Partners to buy it.
The correlation of Delek Logistics 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 Delek Logistics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delek Logistics Partners 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 Delek Logistics 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delek Logistics Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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When running Delek Logistics' price analysis, check to measure Delek Logistics' 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 Delek Logistics is operating at the current time. Most of Delek Logistics' value examination focuses on studying past and present price action to predict the probability of Delek Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delek Logistics' price. Additionally, you may evaluate how the addition of Delek Logistics to your portfolios can decrease your overall portfolio volatility.
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Is Delek Logistics' 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 Delek Logistics. If investors know Delek 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 Delek Logistics 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 (0.49) | Dividend Share 4.16 | Earnings Share 2.89 | Revenue Per Share 23.413 | Quarterly Revenue Growth (0.06) |
The market value of Delek Logistics Partners is measured differently than its book value, which is the value of Delek that is recorded on the company's balance sheet. Investors also form their own opinion of Delek Logistics' value that differs from its market value or its book value, called intrinsic value, which is Delek Logistics' 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 Delek Logistics' market value can be influenced by many factors that don't directly affect Delek Logistics' 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 Delek Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Delek Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delek Logistics' 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.