Dixie Current Deferred Revenue vs Net Tangible Assets Analysis

DXYN Stock

USD 0.85 0.04 4.94%

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

Current Deferred Revenue vs Net Tangible Assets

Current Deferred Revenue vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dixie Group Current Deferred Revenue account and Net Tangible Assets. At this time, the significance of the direction appears to have very week relationship.

The correlation between Dixie's Current Deferred Revenue and Net Tangible Assets is 0.22. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of The Dixie Group, assuming nothing else is changed. The correlation between historical values of Dixie's Current Deferred Revenue and Net Tangible 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 Current Deferred Revenue of The Dixie Group are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Current Deferred Revenue i.e., Dixie's Current Deferred Revenue and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.22

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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

As of the 16th of May 2024, Enterprise Value is likely to grow to about 231.3 M, while Selling General Administrative is likely to drop about 72 M.

	2021	2022	2023	2024 (projected)
Total Revenue	341.2M	303.6M	276.3M	338.4M
Interest Expense	4.7M	5.3M	7.2M	6.4M

Total Revenue Interest Expense

Dixie 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	Cash	Non Current Assets Total	Non Currrent Assets Other	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	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.87	0.81	0.95	0.62	0.93	0.87	-0.57	-0.37	0.93	0.15	-0.37	0.83	0.81	0.89	0.97	0.33	0.8	0.95	0.99	0.71	-0.7	0.74	-0.42	0.19	0.27
Short Long Term Debt Total	0.87		0.63	0.82	0.32	0.72	1.0	-0.78	-0.45	0.73	0.29	-0.45	0.58	0.91	0.99	0.94	0.42	0.93	0.98	0.88	0.72	-0.75	0.45	-0.42	-0.02	0.23
Other Current Liab	0.81	0.63		0.87	0.63	0.69	0.63	-0.36	0.02	0.69	0.1	0.02	0.83	0.64	0.64	0.74	0.19	0.63	0.74	0.81	0.49	-0.45	0.68	-0.18	0.06	0.22
Total Current Liabilities	0.95	0.82	0.87		0.69	0.84	0.82	-0.48	-0.22	0.83	0.01	-0.22	0.88	0.78	0.81	0.92	0.19	0.77	0.91	0.92	0.75	-0.58	0.8	-0.43	0.19	0.22
Total Stockholder Equity	0.62	0.32	0.63	0.69		0.57	0.32	0.2	0.0	0.48	-0.16	0.0	0.89	0.28	0.32	0.48	-0.09	0.25	0.45	0.54	0.34	-0.18	0.69	-0.46	0.69	-0.06
Property Plant And Equipment Net	0.93	0.72	0.69	0.84	0.57		0.72	-0.47	-0.38	0.98	-0.02	-0.38	0.73	0.7	0.74	0.89	0.21	0.64	0.8	0.91	0.71	-0.59	0.72	-0.35	0.24	0.43
Net Debt	0.87	1.0	0.63	0.82	0.32	0.72		-0.78	-0.46	0.72	0.28	-0.46	0.58	0.9	0.99	0.94	0.42	0.92	0.98	0.88	0.72	-0.74	0.45	-0.43	-0.01	0.23
Retained Earnings	-0.57	-0.78	-0.36	-0.48	0.2	-0.47	-0.78		0.33	-0.55	-0.42	0.33	-0.07	-0.85	-0.8	-0.67	-0.52	-0.88	-0.73	-0.61	-0.48	0.83	-0.05	0.21	0.52	-0.28
Cash	-0.37	-0.45	0.02	-0.22	0.0	-0.38	-0.46	0.33		-0.41	0.0	1.0	-0.12	-0.29	-0.45	-0.46	-0.08	-0.26	-0.4	-0.38	-0.16	0.41	-0.16	0.06	-0.33	-0.22
Non Current Assets Total	0.93	0.73	0.69	0.83	0.48	0.98	0.72	-0.55	-0.41		0.02	-0.41	0.67	0.72	0.76	0.89	0.27	0.68	0.81	0.92	0.7	-0.65	0.7	-0.27	0.11	0.43
Non Currrent Assets Other	0.15	0.29	0.1	0.01	-0.16	-0.02	0.28	-0.42	0.0	0.02		0.0	0.02	0.19	0.37	0.14	0.83	0.36	0.27	0.24	-0.16	-0.39	-0.14	-0.07	-0.33	-0.32
Cash And Short Term Investments	-0.37	-0.45	0.02	-0.22	0.0	-0.38	-0.46	0.33	1.0	-0.41	0.0		-0.12	-0.29	-0.45	-0.46	-0.08	-0.26	-0.4	-0.38	-0.16	0.41	-0.16	0.06	-0.33	-0.22
Net Receivables	0.83	0.58	0.83	0.88	0.89	0.73	0.58	-0.07	-0.12	0.67	0.02	-0.12		0.46	0.59	0.74	0.09	0.47	0.7	0.8	0.53	-0.3	0.84	-0.39	0.5	0.03
Common Stock Shares Outstanding	0.81	0.91	0.64	0.78	0.28	0.7	0.9	-0.85	-0.29	0.72	0.19	-0.29	0.46		0.91	0.87	0.3	0.95	0.91	0.81	0.67	-0.86	0.31	-0.44	-0.15	0.39
Non Current Liabilities Total	0.89	0.99	0.64	0.81	0.32	0.74	0.99	-0.8	-0.45	0.76	0.37	-0.45	0.59	0.91		0.94	0.49	0.93	0.98	0.91	0.67	-0.8	0.46	-0.43	-0.04	0.23
Inventory	0.97	0.94	0.74	0.92	0.48	0.89	0.94	-0.67	-0.46	0.89	0.14	-0.46	0.74	0.87	0.94		0.28	0.85	0.97	0.97	0.73	-0.74	0.64	-0.45	0.14	0.3
Other Current Assets	0.33	0.42	0.19	0.19	-0.09	0.21	0.42	-0.52	-0.08	0.27	0.83	-0.08	0.09	0.3	0.49	0.28		0.5	0.42	0.39	0.15	-0.41	0.09	-0.01	-0.42	-0.22
Other Stockholder Equity	0.8	0.93	0.63	0.77	0.25	0.64	0.92	-0.88	-0.26	0.68	0.36	-0.26	0.47	0.95	0.93	0.85	0.5		0.92	0.81	0.65	-0.84	0.33	-0.43	-0.22	0.13
Total Liab	0.95	0.98	0.74	0.91	0.45	0.8	0.98	-0.73	-0.4	0.81	0.27	-0.4	0.7	0.91	0.98	0.97	0.42	0.92		0.95	0.73	-0.77	0.59	-0.45	0.03	0.23
Total Current Assets	0.99	0.88	0.81	0.92	0.54	0.91	0.88	-0.61	-0.38	0.92	0.24	-0.38	0.8	0.81	0.91	0.97	0.39	0.81	0.95		0.68	-0.71	0.71	-0.38	0.12	0.27
Short Term Debt	0.71	0.72	0.49	0.75	0.34	0.71	0.72	-0.48	-0.16	0.7	-0.16	-0.16	0.53	0.67	0.67	0.73	0.15	0.65	0.73	0.68		-0.3	0.55	-0.21	-0.01	0.34
Intangible Assets	-0.7	-0.75	-0.45	-0.58	-0.18	-0.59	-0.74	0.83	0.41	-0.65	-0.39	0.41	-0.3	-0.86	-0.8	-0.74	-0.41	-0.84	-0.77	-0.71	-0.3		-0.2	0.5	0.15	-0.22
Accounts Payable	0.74	0.45	0.68	0.8	0.69	0.72	0.45	-0.05	-0.16	0.7	-0.14	-0.16	0.84	0.31	0.46	0.64	0.09	0.33	0.59	0.71	0.55	-0.2		-0.27	0.33	0.06
Property Plant And Equipment Gross	-0.42	-0.42	-0.18	-0.43	-0.46	-0.35	-0.43	0.21	0.06	-0.27	-0.07	0.06	-0.39	-0.44	-0.43	-0.45	-0.01	-0.43	-0.45	-0.38	-0.21	0.5	-0.27		-0.31	0.14
Common Stock Total Equity	0.19	-0.02	0.06	0.19	0.69	0.24	-0.01	0.52	-0.33	0.11	-0.33	-0.33	0.5	-0.15	-0.04	0.14	-0.42	-0.22	0.03	0.12	-0.01	0.15	0.33	-0.31		-0.09
Common Stock	0.27	0.23	0.22	0.22	-0.06	0.43	0.23	-0.28	-0.22	0.43	-0.32	-0.22	0.03	0.39	0.23	0.3	-0.22	0.13	0.23	0.27	0.34	-0.22	0.06	0.14	-0.09

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Dixie Account Relationship Matchups

Dixie fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	247.7M	232.9M	235.5M	202.9M	194.2M	236.6M
Short Long Term Debt Total	113.6M	100.9M	100.3M	120.9M	112.5M	92.4M
Other Current Liab	20.7M	22.8M	30.3M	19.1M	16.3M	20.7M
Total Current Liabilities	51.4M	54.5M	54.2M	41.7M	39.6M	42.7M
Total Stockholder Equity	73.2M	63.8M	66.4M	31.5M	29.3M	27.8M
Property Plant And Equipment Net	90.3M	80.0M	71.2M	65.5M	60.3M	95.7M
Net Debt	112.9M	99.0M	98.8M	120.5M	112.4M	90.4M
Retained Earnings	(131.1M)	(140.3M)	(138.7M)	(173.8M)	(176.7M)	(167.9M)
Cash	769K	1.9M	1.5M	363K	79K	75.1K
Non Current Assets Total	108.1M	99.5M	95.1M	83.1M	81.8M	131.4M
Non Currrent Assets Other	10.3M	14.1M	19.0M	13.4M	18.4M	12.5M
Cash And Short Term Investments	769K	1.9M	1.5M	363K	79K	75.1K
Net Receivables	37.1M	37.7M	40.3M	25.0M	23.7M	27.8M
Common Stock Shares Outstanding	15.9M	15.3M	15.3M	15.1M	14.8M	13.6M
Liabilities And Stockholders Equity	247.7M	232.9M	235.5M	202.9M	194.2M	236.6M
Non Current Liabilities Total	123.1M	114.6M	114.9M	129.8M	125.3M	108.8M
Inventory	95.5M	85.4M	82.7M	83.7M	76.2M	89.8M
Other Current Assets	6.2M	8.3M	9.9M	10.8M	12.4M	9.8M
Other Stockholder Equity	157.5M	158.3M	157.7M	158.3M	159.1M	121.6M
Total Liab	174.4M	169.1M	169.1M	171.4M	164.9M	151.5M
Total Current Assets	139.6M	133.3M	140.4M	119.9M	112.4M	144.7M
Short Term Debt	9.9M	9.4M	5.9M	7.3M	8.3M	7.7M
Accounts Payable	16.1M	19.1M	16.7M	14.2M	13.9M	18.1M
Property Plant And Equipment Gross	90.3M	57.9K	236.4M	65.5M	229.7M	241.2M
Accumulated Other Comprehensive Income	(808K)	(530K)	30K	219K	268K	281.4K
Common Stock Total Equity	48.4M	49.1M	47.6M	43.7K	39.3K	37.3K
Common Stock	47.6M	46.3M	47.4M	46.7M	46.6M	51.8M
Other Liab	18.5M	23.2M	20.5M	16.2M	14.6M	14.7M
Other Assets	17.8M	41.6K	23.9M	17.5M	20.2M	17.1M
Long Term Debt	81.7M	72.0M	73.7M	94.7M	78.3M	75.8M
Property Plant Equipment	65.4M	57.9M	71.2M	65.5M	59.0M	73.9M
Current Deferred Revenue	4.7M	3.1M	1.3M	1.1M	966K	917.7K
Net Tangible Assets	73.2M	63.8M	66.4M	31.5M	28.4M	55.3M
Retained Earnings Total Equity	(125M)	(146.4M)	(131.1M)	(140.3M)	(126.3M)	(132.6M)
Long Term Debt Total	123.4M	120.3M	81.7M	72.0M	82.8M	107.5M
Capital Surpluse	157.1M	156.4M	157.5M	158.3M	182.1M	166.0M

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

Pair Trading with Dixie

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

Moving against Dixie Stock

0.52	GIL	Gildan Activewear	Pair Corr
0.44	VNCE	Vince Holding Corp	Pair Corr

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

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

How To Invest In Dixie

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Is Dixie Stock a good investment?

Details

What is Dixie's Net Worth?

Details

Largest Household Durables Companies

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Largest Consumer Durables & Apparel Companies

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

You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Dixie Stock analysis

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

	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
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Is Dixie'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 Dixie. If investors know Dixie 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 Dixie 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

6.476

Earnings Share

(0.18)

Revenue Per Share

18.515

Quarterly Revenue Growth

(0.03)

Return On Assets

(0.01)

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

Current Deferred Revenue vs Net Tangible Assets

Current Deferred Revenue vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Net Tangible Assets

Dixie fundamental ratios Correlations

Dixie Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dixie fundamental ratios Accounts

Pair Trading with Dixie

Moving against Dixie Stock

Complementary Tools for Dixie Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Net Debt
Total Liab	+ 0.98	Short Long Term Debt Total

Other Stockholder Equity	- 0.88	Retained Earnings
Intangible Assets	- 0.86	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.85	Retained Earnings
Intangible Assets	- 0.84	Other Stockholder Equity
Intangible Assets	- 0.8	Non Current Liabilities Total
Non Current Liabilities Total	- 0.8	Retained Earnings