Dixie Long Term Investments vs Short Long Term Debt 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 Long Term Investments and its Short Long Term Debt 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.

Long Term Investments vs Short Long Term Debt

Long Term Investments vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dixie Group Long Term Investments account and Short Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dixie's Long Term Investments and Short Long Term Debt is 0.55. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Short Long Term Debt 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 Long Term Investments and Short Long Term 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 Investments of The Dixie Group are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Long Term Investments i.e., Dixie's Long Term Investments and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Investments

Long Term Investments is an item on the asset side of Dixie balance sheet that represents investments Dixie Group intends to hold for over a year. The Dixie Group long term investments may include different instruments such as stocks, bonds, real estate and cash.

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.
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 Revenue341.2M303.6M276.3M338.4M
Interest Expense4.7M5.3M7.2M6.4M

Dixie fundamental ratios Correlations

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0.950.820.870.690.840.82-0.48-0.220.830.01-0.220.880.780.810.920.190.770.910.920.75-0.580.8-0.430.190.22
0.620.320.630.690.570.320.20.00.48-0.160.00.890.280.320.48-0.090.250.450.540.34-0.180.69-0.460.69-0.06
0.930.720.690.840.570.72-0.47-0.380.98-0.02-0.380.730.70.740.890.210.640.80.910.71-0.590.72-0.350.240.43
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-0.37-0.450.02-0.220.0-0.38-0.460.33-0.410.01.0-0.12-0.29-0.45-0.46-0.08-0.26-0.4-0.38-0.160.41-0.160.06-0.33-0.22
0.930.730.690.830.480.980.72-0.55-0.410.02-0.410.670.720.760.890.270.680.810.920.7-0.650.7-0.270.110.43
0.150.290.10.01-0.16-0.020.28-0.420.00.020.00.020.190.370.140.830.360.270.24-0.16-0.39-0.14-0.07-0.33-0.32
-0.37-0.450.02-0.220.0-0.38-0.460.331.0-0.410.0-0.12-0.29-0.45-0.46-0.08-0.26-0.4-0.38-0.160.41-0.160.06-0.33-0.22
0.830.580.830.880.890.730.58-0.07-0.120.670.02-0.120.460.590.740.090.470.70.80.53-0.30.84-0.390.50.03
0.810.910.640.780.280.70.9-0.85-0.290.720.19-0.290.460.910.870.30.950.910.810.67-0.860.31-0.44-0.150.39
0.890.990.640.810.320.740.99-0.8-0.450.760.37-0.450.590.910.940.490.930.980.910.67-0.80.46-0.43-0.040.23
0.970.940.740.920.480.890.94-0.67-0.460.890.14-0.460.740.870.940.280.850.970.970.73-0.740.64-0.450.140.3
0.330.420.190.19-0.090.210.42-0.52-0.080.270.83-0.080.090.30.490.280.50.420.390.15-0.410.09-0.01-0.42-0.22
0.80.930.630.770.250.640.92-0.88-0.260.680.36-0.260.470.950.930.850.50.920.810.65-0.840.33-0.43-0.220.13
0.950.980.740.910.450.80.98-0.73-0.40.810.27-0.40.70.910.980.970.420.920.950.73-0.770.59-0.450.030.23
0.990.880.810.920.540.910.88-0.61-0.380.920.24-0.380.80.810.910.970.390.810.950.68-0.710.71-0.380.120.27
0.710.720.490.750.340.710.72-0.48-0.160.7-0.16-0.160.530.670.670.730.150.650.730.68-0.30.55-0.21-0.010.34
-0.7-0.75-0.45-0.58-0.18-0.59-0.740.830.41-0.65-0.390.41-0.3-0.86-0.8-0.74-0.41-0.84-0.77-0.71-0.3-0.20.50.15-0.22
0.740.450.680.80.690.720.45-0.05-0.160.7-0.14-0.160.840.310.460.640.090.330.590.710.55-0.2-0.270.330.06
-0.42-0.42-0.18-0.43-0.46-0.35-0.430.210.06-0.27-0.070.06-0.39-0.44-0.43-0.45-0.01-0.43-0.45-0.38-0.210.5-0.27-0.310.14
0.19-0.020.060.190.690.24-0.010.52-0.330.11-0.33-0.330.5-0.15-0.040.14-0.42-0.220.030.12-0.010.150.33-0.31-0.09
0.270.230.220.22-0.060.430.23-0.28-0.220.43-0.32-0.220.030.390.230.3-0.220.130.230.270.34-0.220.060.14-0.09
Click cells to compare fundamentals

Dixie Account Relationship Matchups

Dixie fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets247.7M232.9M235.5M202.9M194.2M236.6M
Short Long Term Debt Total113.6M100.9M100.3M120.9M112.5M92.4M
Other Current Liab20.7M22.8M30.3M19.1M16.3M20.7M
Total Current Liabilities51.4M54.5M54.2M41.7M39.6M42.7M
Total Stockholder Equity73.2M63.8M66.4M31.5M29.3M27.8M
Property Plant And Equipment Net90.3M80.0M71.2M65.5M60.3M95.7M
Net Debt112.9M99.0M98.8M120.5M112.4M90.4M
Retained Earnings(131.1M)(140.3M)(138.7M)(173.8M)(176.7M)(167.9M)
Cash769K1.9M1.5M363K79K75.1K
Non Current Assets Total108.1M99.5M95.1M83.1M81.8M131.4M
Non Currrent Assets Other10.3M14.1M19.0M13.4M18.4M12.5M
Cash And Short Term Investments769K1.9M1.5M363K79K75.1K
Net Receivables37.1M37.7M40.3M25.0M23.7M27.8M
Common Stock Shares Outstanding15.9M15.3M15.3M15.1M14.8M13.6M
Liabilities And Stockholders Equity247.7M232.9M235.5M202.9M194.2M236.6M
Non Current Liabilities Total123.1M114.6M114.9M129.8M125.3M108.8M
Inventory95.5M85.4M82.7M83.7M76.2M89.8M
Other Current Assets6.2M8.3M9.9M10.8M12.4M9.8M
Other Stockholder Equity157.5M158.3M157.7M158.3M159.1M121.6M
Total Liab174.4M169.1M169.1M171.4M164.9M151.5M
Total Current Assets139.6M133.3M140.4M119.9M112.4M144.7M
Short Term Debt9.9M9.4M5.9M7.3M8.3M7.7M
Accounts Payable16.1M19.1M16.7M14.2M13.9M18.1M
Property Plant And Equipment Gross90.3M57.9K236.4M65.5M229.7M241.2M
Accumulated Other Comprehensive Income(808K)(530K)30K219K268K281.4K
Common Stock Total Equity48.4M49.1M47.6M43.7K39.3K37.3K
Common Stock47.6M46.3M47.4M46.7M46.6M51.8M
Other Liab18.5M23.2M20.5M16.2M14.6M14.7M
Other Assets17.8M41.6K23.9M17.5M20.2M17.1M
Long Term Debt81.7M72.0M73.7M94.7M78.3M75.8M
Property Plant Equipment65.4M57.9M71.2M65.5M59.0M73.9M
Current Deferred Revenue4.7M3.1M1.3M1.1M966K917.7K
Net Tangible Assets73.2M63.8M66.4M31.5M28.4M55.3M
Retained Earnings Total Equity(125M)(146.4M)(131.1M)(140.3M)(126.3M)(132.6M)
Long Term Debt Total123.4M120.3M81.7M72.0M82.8M107.5M
Capital Surpluse157.1M156.4M157.5M158.3M182.1M166.0M
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

  0.52GIL Gildan ActivewearPairCorr
  0.44VNCE Vince Holding CorpPairCorr
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 CorrelationCorrelation 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:
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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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.
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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.