Deluxe Good Will vs Other Current Assets Analysis

DLX Stock  USD 22.28  0.24  1.07%   
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 Good Will and its Other Current Assets 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 closely tied 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.

Good Will vs Other Current Assets

Good Will vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Deluxe Good Will account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Deluxe's Good Will and Other Current Assets is 0.67. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Deluxe, assuming nothing else is changed. The correlation between historical values of Deluxe's Good Will and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Deluxe are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Good Will i.e., Deluxe's Good Will and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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 closely tied 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 7.49 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

0.950.90.710.330.350.950.23-0.450.990.93-0.450.74-0.670.930.560.970.00.970.570.78-0.070.850.820.78-0.81
0.950.950.660.030.541.0-0.07-0.460.930.92-0.460.69-0.620.980.380.950.151.00.640.77-0.120.730.790.7-0.78
0.90.950.57-0.050.620.95-0.16-0.390.850.85-0.380.58-0.440.940.310.930.360.960.820.72-0.150.620.660.57-0.66
0.710.660.570.290.180.660.21-0.30.710.64-0.30.62-0.610.550.610.67-0.210.690.280.740.450.680.780.8-0.63
0.330.03-0.050.29-0.520.040.99-0.130.390.21-0.130.38-0.360.030.690.21-0.590.08-0.250.230.050.590.370.51-0.3
0.350.540.620.18-0.520.52-0.590.080.250.490.080.420.20.55-0.040.490.790.520.660.53-0.340.20.30.09-0.01
0.951.00.950.660.040.52-0.06-0.510.930.91-0.50.68-0.630.980.380.940.130.990.620.76-0.120.740.790.71-0.78
0.23-0.07-0.160.210.99-0.59-0.06-0.080.290.13-0.090.32-0.32-0.070.650.11-0.64-0.02-0.340.140.060.510.280.41-0.25
-0.45-0.46-0.39-0.3-0.130.08-0.51-0.08-0.54-0.281.0-0.170.48-0.47-0.11-0.320.22-0.45-0.02-0.1-0.03-0.44-0.33-0.540.42
0.990.930.850.710.390.250.930.29-0.540.89-0.540.7-0.720.90.550.93-0.10.940.490.73-0.030.870.820.82-0.83
0.930.920.850.640.210.490.910.13-0.280.89-0.280.84-0.640.910.580.960.040.920.550.85-0.210.770.850.66-0.8
-0.45-0.46-0.38-0.3-0.130.08-0.5-0.091.0-0.54-0.28-0.170.48-0.47-0.11-0.320.22-0.45-0.01-0.1-0.03-0.44-0.34-0.550.42
0.740.690.580.620.380.420.680.32-0.170.70.84-0.17-0.530.70.790.77-0.090.690.240.93-0.330.840.920.74-0.62
-0.67-0.62-0.44-0.61-0.360.2-0.63-0.320.48-0.72-0.640.48-0.53-0.6-0.47-0.60.65-0.62-0.02-0.52-0.07-0.6-0.74-0.680.94
0.930.980.940.550.030.550.98-0.07-0.470.90.91-0.470.7-0.60.350.930.170.970.620.76-0.290.740.780.68-0.76
0.560.380.310.610.69-0.040.380.65-0.110.550.58-0.110.79-0.470.350.57-0.330.420.00.7-0.020.710.720.63-0.49
0.970.950.930.670.210.490.940.11-0.320.930.96-0.320.77-0.60.930.570.120.960.680.83-0.140.760.810.67-0.79
0.00.150.36-0.21-0.590.790.13-0.640.22-0.10.040.22-0.090.650.17-0.330.120.140.650.05-0.24-0.22-0.23-0.310.41
0.971.00.960.690.080.520.99-0.02-0.450.940.92-0.450.69-0.620.970.420.960.140.660.78-0.090.750.790.71-0.78
0.570.640.820.28-0.250.660.62-0.34-0.020.490.55-0.010.24-0.020.620.00.680.650.660.44-0.10.20.250.13-0.33
0.780.770.720.740.230.530.760.14-0.10.730.85-0.10.93-0.520.760.70.830.050.780.44-0.230.780.930.76-0.63
-0.07-0.12-0.150.450.05-0.34-0.120.06-0.03-0.03-0.21-0.03-0.33-0.07-0.29-0.02-0.14-0.24-0.09-0.1-0.23-0.16-0.170.010.01
0.850.730.620.680.590.20.740.51-0.440.870.77-0.440.84-0.60.740.710.76-0.220.750.20.78-0.160.880.89-0.64
0.820.790.660.780.370.30.790.28-0.330.820.85-0.340.92-0.740.780.720.81-0.230.790.250.93-0.170.880.88-0.77
0.780.70.570.80.510.090.710.41-0.540.820.66-0.550.74-0.680.680.630.67-0.310.710.130.760.010.890.88-0.65
-0.81-0.78-0.66-0.63-0.3-0.01-0.78-0.250.42-0.83-0.80.42-0.620.94-0.76-0.49-0.790.41-0.78-0.33-0.630.01-0.64-0.77-0.65
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 Equity4.1M17.7M57.7M79.6M99.6M151.3M
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 Debt12.9M11.6M57.2M71.7M86.2M96.8M
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

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