Deswell Short Term Debt vs Retained Earnings Analysis

DSWL Stock

USD 2.30 0.02 0.86%

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

For more information on how to buy Deswell Stock please use our How to buy in Deswell Stock guide.

Short Term Debt vs Retained Earnings

Short Term Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Deswell Industries Short Term Debt account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Deswell Industries' Short Term Debt and Retained Earnings is 0.42. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Deswell Industries, assuming nothing else is changed. The correlation between historical values of Deswell Industries' Short Term Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Deswell Industries are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Short Term Debt i.e., Deswell Industries' Short Term Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.42

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Short Term Debt

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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

For more information on how to buy Deswell Stock please use our How to buy in Deswell Stock guide.At this time, Deswell Industries' Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 5.27 this year, although the value of Tax Provision will most likely fall to about 203.3 K.

	2021	2022	2023	2024 (projected)
Gross Profit	14.0M	12.8M	11.6M	14.6M
Total Revenue	85.5M	77.5M	69.8M	60.2M

Gross Profit Total Revenue

Deswell Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Non Currrent Assets Other	Short Term Investments	Common Stock	Property Plant Equipment
Total Assets		0.78	0.54	0.74	0.98	0.72	-0.64	0.69	0.56	0.57	0.73	0.9	0.69	0.93	0.15	0.8	-0.66	-0.01	0.73	0.94	0.9	0.86	-0.19	0.63	0.88	0.48
Short Long Term Debt Total	0.78		0.37	0.61	0.78	0.51	-0.28	0.29	0.29	0.32	0.56	0.8	0.5	0.87	0.26	0.51	-0.52	0.17	0.6	0.73	0.76	0.6	-0.03	0.5	0.92	0.37
Other Current Liab	0.54	0.37		0.76	0.41	0.04	-0.06	-0.05	0.66	-0.13	0.08	0.55	0.75	0.6	-0.53	0.64	-0.75	-0.55	0.76	0.66	0.63	0.7	-0.36	0.93	0.54	-0.31
Total Current Liabilities	0.74	0.61	0.76		0.59	0.1	-0.16	0.23	0.91	0.08	0.13	0.69	0.93	0.67	-0.32	0.9	-0.69	-0.52	1.0	0.9	0.63	0.6	-0.22	0.77	0.65	-0.16
Total Stockholder Equity	0.98	0.78	0.41	0.59		0.82	-0.71	0.75	0.4	0.66	0.83	0.88	0.55	0.92	0.29	0.69	-0.58	0.16	0.58	0.86	0.89	0.84	-0.14	0.52	0.87	0.63
Property Plant And Equipment Net	0.72	0.51	0.04	0.1	0.82		-0.65	0.7	-0.01	0.62	0.99	0.51	0.13	0.69	0.62	0.27	-0.24	0.55	0.08	0.43	0.74	0.7	0.12	0.18	0.67	0.92
Net Debt	-0.64	-0.28	-0.06	-0.16	-0.71	-0.65		-0.85	-0.11	-0.95	-0.62	-0.65	-0.12	-0.48	-0.14	-0.34	0.36	-0.09	-0.16	-0.52	-0.45	-0.48	0.23	-0.04	-0.35	-0.55
Retained Earnings	0.69	0.29	-0.05	0.23	0.75	0.7	-0.85		0.21	0.86	0.65	0.59	0.19	0.43	0.33	0.53	-0.24	0.22	0.22	0.57	0.42	0.4	-0.05	0.03	0.36	0.68
Accounts Payable	0.56	0.29	0.66	0.91	0.4	-0.01	-0.11	0.21		0.0	-0.03	0.46	0.91	0.42	-0.43	0.83	-0.61	-0.67	0.91	0.75	0.44	0.47	-0.16	0.64	0.38	-0.24
Cash	0.57	0.32	-0.13	0.08	0.66	0.62	-0.95	0.86	0.0		0.58	0.62	-0.01	0.38	0.25	0.25	-0.29	0.21	0.08	0.45	0.35	0.31	-0.1	-0.12	0.33	0.63
Non Current Assets Total	0.73	0.56	0.08	0.13	0.83	0.99	-0.62	0.65	-0.03	0.58		0.52	0.14	0.74	0.63	0.27	-0.23	0.57	0.1	0.44	0.78	0.74	0.07	0.22	0.71	0.88
Cash And Short Term Investments	0.9	0.8	0.55	0.69	0.88	0.51	-0.65	0.59	0.46	0.62	0.52		0.57	0.85	-0.02	0.71	-0.73	-0.1	0.7	0.91	0.77	0.69	-0.31	0.63	0.82	0.3
Net Receivables	0.69	0.5	0.75	0.93	0.55	0.13	-0.12	0.19	0.91	-0.01	0.14	0.57		0.63	-0.35	0.84	-0.68	-0.59	0.93	0.83	0.64	0.65	-0.37	0.77	0.6	-0.17
Common Stock Shares Outstanding	0.93	0.87	0.6	0.67	0.92	0.69	-0.48	0.43	0.42	0.38	0.74	0.85	0.63		0.18	0.64	-0.64	0.08	0.66	0.83	0.96	0.91	-0.18	0.7	0.96	0.42
Non Current Liabilities Total	0.15	0.26	-0.53	-0.32	0.29	0.62	-0.14	0.33	-0.43	0.25	0.63	-0.02	-0.35	0.18		-0.18	0.51	0.92	-0.34	-0.13	0.17	0.07	0.37	-0.32	0.23	0.77
Inventory	0.8	0.51	0.64	0.9	0.69	0.27	-0.34	0.53	0.83	0.25	0.27	0.71	0.84	0.64	-0.18		-0.57	-0.35	0.9	0.91	0.61	0.61	-0.23	0.69	0.58	0.03
Other Current Assets	-0.66	-0.52	-0.75	-0.69	-0.58	-0.24	0.36	-0.24	-0.61	-0.29	-0.23	-0.73	-0.68	-0.64	0.51	-0.57		0.52	-0.7	-0.75	-0.67	-0.65	0.28	-0.72	-0.65	-0.01
Other Stockholder Equity	-0.01	0.17	-0.55	-0.52	0.16	0.55	-0.09	0.22	-0.67	0.21	0.57	-0.1	-0.59	0.08	0.92	-0.35	0.52		-0.54	-0.31	0.06	-0.03	0.46	-0.39	0.13	0.73
Total Liab	0.73	0.6	0.76	1.0	0.58	0.08	-0.16	0.22	0.91	0.08	0.1	0.7	0.93	0.66	-0.34	0.9	-0.7	-0.54		0.9	0.62	0.59	-0.25	0.78	0.64	-0.18
Total Current Assets	0.94	0.73	0.66	0.9	0.86	0.43	-0.52	0.57	0.75	0.45	0.44	0.91	0.83	0.83	-0.13	0.91	-0.75	-0.31	0.9		0.78	0.75	-0.29	0.72	0.79	0.17
Short Term Debt	0.9	0.76	0.63	0.63	0.89	0.74	-0.45	0.42	0.44	0.35	0.78	0.77	0.64	0.96	0.17	0.61	-0.67	0.06	0.62	0.78		0.96	-0.19	0.74	0.94	0.47
Intangible Assets	0.86	0.6	0.7	0.6	0.84	0.7	-0.48	0.4	0.47	0.31	0.74	0.69	0.65	0.91	0.07	0.61	-0.65	-0.03	0.59	0.75	0.96		-0.27	0.76	0.83	0.38
Non Currrent Assets Other	-0.19	-0.03	-0.36	-0.22	-0.14	0.12	0.23	-0.05	-0.16	-0.1	0.07	-0.31	-0.37	-0.18	0.37	-0.23	0.28	0.46	-0.25	-0.29	-0.19	-0.27		-0.38	-0.1	0.32
Short Term Investments	0.63	0.5	0.93	0.77	0.52	0.18	-0.04	0.03	0.64	-0.12	0.22	0.63	0.77	0.7	-0.32	0.69	-0.72	-0.39	0.78	0.72	0.74	0.76	-0.38		0.68	-0.15
Common Stock	0.88	0.92	0.54	0.65	0.87	0.67	-0.35	0.36	0.38	0.33	0.71	0.82	0.6	0.96	0.23	0.58	-0.65	0.13	0.64	0.79	0.94	0.83	-0.1	0.68		0.46
Property Plant Equipment	0.48	0.37	-0.31	-0.16	0.63	0.92	-0.55	0.68	-0.24	0.63	0.88	0.3	-0.17	0.42	0.77	0.03	-0.01	0.73	-0.18	0.17	0.47	0.38	0.32	-0.15	0.46

Click cells to compare fundamentals

Deswell Industries Account Relationship Matchups

Deswell Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	95.4M	107.9M	115.5M	110.4M	126.9M	111.9M
Other Current Liab	8.5M	10.0M	11.8M	11.1M	12.7M	13.4M
Total Current Liabilities	14.3M	21.2M	24.0M	20.2M	23.3M	16.0M
Total Stockholder Equity	80.3M	85.7M	90.9M	89.6M	103.1M	92.2M
Property Plant And Equipment Net	28.6M	27.3M	27.0M	26.1M	30.0M	39.7M
Net Debt	(22.5M)	(20.2M)	(13.5M)	(22.2M)	(25.5M)	(26.8M)
Retained Earnings	16.7M	22.1M	27.2M	26.0M	23.4M	27.3M
Accounts Payable	4.6M	9.5M	9.8M	6.9M	8.0M	7.9M
Cash	22.5M	20.2M	13.5M	22.2M	19.9M	18.4M
Non Current Assets Total	30.0M	27.7M	27.6M	29.2M	33.6M	40.6M
Cash And Short Term Investments	42.7M	46.8M	43.9M	47.0M	54.0M	35.7M
Net Receivables	12.3M	14.7M	18.2M	15.7M	18.1M	16.0M
Common Stock Shares Outstanding	15.9M	16.0M	16.1M	16.1M	18.5M	16.4M
Liabilities And Stockholders Equity	95.4M	107.9M	115.5M	110.4M	126.9M	111.9M
Non Current Liabilities Total	659K	751K	957K	484K	435.6K	413.8K
Inventory	8.6M	16.2M	23.8M	17.3M	19.9M	15.8M
Other Current Assets	753K	893K	850K	1.1M	1.0M	982.4K
Total Liab	15.1M	22.2M	24.6M	20.7M	23.8M	16.2M
Total Current Assets	65.4M	80.2M	88.0M	81.2M	93.3M	71.3M
Non Currrent Assets Other	(30.2M)	(30.0M)	572K	(29.0M)	(26.1M)	(24.8M)
Short Term Investments	20.2M	26.6M	30.4M	24.8M	28.5M	30.0M
Property Plant Equipment	28.6M	27.3M	27.0M	26.1M	23.4M	32.0M
Property Plant And Equipment Gross	28.6M	27.3M	86.1M	86.1M	99.0M	50.8M
Current Deferred Revenue	1.2M	1.7M	2.3M	2.2M	2.5M	1.6M
Net Tangible Assets	80.3M	85.7M	90.9M	89.6M	103.1M	92.2M
Other Liab	659K	751K	957K	484K	435.6K	591.3K
Net Invested Capital	80.3M	85.7M	90.9M	89.6M	103.1M	93.8M
Net Working Capital	51.1M	59.0M	64.0M	60.9M	70.1M	62.3M

Pair Trading with Deswell Industries

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 Deswell Industries 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 Deswell Industries will appreciate offsetting losses from the drop in the long position's value.

Moving against Deswell Stock

0.73	CDW	CDW Corp Financial Report 1st of May 2024	Pair Corr
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0.67	MINM	Minim Inc Financial Report 11th of November 2024	Pair Corr
0.64	GLW	Corning Incorporated Earnings Call This Week	Pair Corr
0.53	RDCM	Radcom Financial Report 8th of May 2024	Pair Corr

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

The correlation of Deswell Industries 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 Deswell Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Deswell Industries 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 Deswell Industries 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 Deswell Industries is a strong investment it is important to analyze Deswell Industries' 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 Deswell Industries' future performance. For an informed investment choice regarding Deswell Stock, refer to the following important reports:

How To Invest In Deswell

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Is Deswell Stock a good investment?

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What is Deswell Industries' Net Worth?

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

For more information on how to buy Deswell Stock please use our How to buy in Deswell Stock guide.

You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Deswell Stock analysis

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

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Is Deswell Industries' 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 Deswell Industries. If investors know Deswell 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 Deswell Industries 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

(0.32)

Dividend Share

0.2

Earnings Share

0.39

Revenue Per Share

4.432

Quarterly Revenue Growth

(0.15)

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

Short Term Debt vs Retained Earnings

Short Term Debt vs Retained Earnings Correlation Analysis

Correlation Coefficient

Short Term Debt

Retained Earnings

Deswell Industries fundamental ratios Correlations

Deswell Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Deswell Industries fundamental ratios Accounts

Pair Trading with Deswell Industries

Moving against Deswell Stock

Complementary Tools for Deswell Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.98	Total Assets
Short Term Debt	+ 0.96	Common Stock Shares Outstanding
Common Stock	+ 0.96	Common Stock Shares Outstanding
Intangible Assets	+ 0.96	Short Term Debt

Cash	- 0.95	Net Debt
Retained Earnings	- 0.85	Net Debt
Total Current Assets	- 0.75	Other Current Assets
Other Current Assets	- 0.75	Other Current Liab
Other Current Assets	- 0.73	Cash And Short Term Investments
Short Term Investments	- 0.72	Other Current Assets