Diamondback Non Currrent Assets Other vs Other Assets Analysis
FANG Stock | USD 203.72 0.50 0.25% |
Diamondback Energy financial indicator trend analysis is much more than just examining Diamondback Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Diamondback Energy is a good investment. Please check the relationship between Diamondback Energy Non Currrent Assets Other and its Other Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamondback Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.
Non Currrent Assets Other vs Other Assets
Non Currrent Assets Other vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Diamondback Energy Non Currrent Assets Other account and Other Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Diamondback Energy's Non Currrent Assets Other and Other Assets is 0.11. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Assets in the same time period over historical financial statements of Diamondback Energy, assuming nothing else is changed. The correlation between historical values of Diamondback Energy's Non Currrent Assets Other and Other 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 Non Currrent Assets Other of Diamondback Energy are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Non Currrent Assets Other i.e., Diamondback Energy's Non Currrent Assets Other and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Other Assets
Most indicators from Diamondback Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Diamondback Energy 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 Diamondback Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.At this time, Diamondback Energy's Enterprise Value is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 199M | 159M | 175M | 183.8M | Depreciation And Amortization | 1.3B | 1.4B | 1.7B | 1.8B |
Diamondback Energy fundamental ratios Correlations
Click cells to compare fundamentals
Diamondback Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Diamondback Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 23.5B | 17.6B | 22.9B | 26.2B | 29.0B | 30.5B | |
Short Long Term Debt Total | 5.4B | 5.8B | 6.7B | 6.2B | 6.8B | 7.1B | |
Other Current Liab | 27M | 249M | 174M | 1.5B | 86M | 81.7M | |
Total Current Liabilities | 1.3B | 1.2B | 1.4B | 1.7B | 2.1B | 2.2B | |
Total Stockholder Equity | 13.2B | 8.8B | 12.1B | 15.0B | 16.6B | 17.5B | |
Property Plant And Equipment Net | 21.8B | 16.2B | 20.6B | 23.8B | 26.7B | 28.0B | |
Net Debt | 5.2B | 5.7B | 6.0B | 6.1B | 6.2B | 6.5B | |
Accounts Payable | 179M | 71M | 36M | 127M | 261M | 274.1M | |
Cash | 123M | 104M | 654M | 157M | 582M | 611.1M | |
Non Current Assets Total | 22.7B | 17.0B | 21.5B | 24.8B | 27.4B | 28.7B | |
Non Currrent Assets Other | 90M | 96M | 88M | 428M | 47M | 49.4M | |
Cash And Short Term Investments | 123M | 104M | 654M | 157M | 582M | 611.1M | |
Net Receivables | 615M | 437M | 671M | 1.0B | 847M | 889.4M | |
Common Stock Shares Outstanding | 163.8M | 158.0M | 177.4M | 176.5M | 180.0M | 102.4M | |
Liabilities And Stockholders Equity | 23.5B | 17.6B | 22.9B | 26.2B | 29.0B | 30.5B | |
Non Current Liabilities Total | 7.4B | 6.6B | 8.2B | 8.8B | 9.5B | 9.9B | |
Inventory | 37M | 33M | 62M | 67M | 63M | 66.2M | |
Other Stockholder Equity | 12.4B | 12.7B | 14.1B | 14.2B | 14.1B | 7.5B | |
Total Liab | 8.6B | 7.8B | 9.7B | 10.5B | 11.6B | 12.1B | |
Property Plant And Equipment Gross | 21.8B | 16.2B | 34.2B | 38.6B | 43.1B | 45.3B | |
Total Current Assets | 869M | 602M | 1.4B | 1.4B | 1.6B | 1.7B | |
Accumulated Other Comprehensive Income | (37.1M) | (74K) | (5.0B) | (7M) | (8M) | (8.4M) | |
Short Term Debt | 119M | 191M | 45M | 10M | 160M | 168M | |
Other Liab | 2.0B | 955M | 1.6B | 2.4B | 2.8B | 2.9B | |
Other Assets | 333M | 16.9B | 220M | 492M | 565.8M | 537.5M | |
Long Term Debt | 5.4B | 5.6B | 6.6B | 6.2B | 6.6B | 7.0B | |
Other Current Assets | 50.3M | 43M | 23M | 28M | 109M | 114.5M | |
Property Plant Equipment | 21.8B | 16.2B | 20.6B | 23.8B | 27.3B | 28.7B | |
Net Tangible Assets | 13.2B | 8.8B | 12.1B | 15.0B | 17.3B | 18.1B | |
Current Deferred Revenue | 938M | 725M | 1.2B | 64M | 1.6B | 1.7B | |
Noncontrolling Interest In Consolidated Entity | 1.7B | 1.0B | 1.2B | 681M | 783.2M | 608.7M | |
Retained Earnings | 890M | (3.9B) | (2.0B) | 801M | 2.5B | 2.6B | |
Retained Earnings Total Equity | 890M | (3.9B) | (2.0B) | 801M | 720.9M | 756.9M | |
Long Term Debt Total | 5.4B | 5.6B | 6.6B | 6.2B | 7.2B | 7.5B | |
Capital Surpluse | 12.4B | 12.7B | 14.1B | 14.2B | 16.3B | 17.2B | |
Deferred Long Term Liab | 1.9B | 840M | 1.4B | 2.2B | 2.5B | 2.7B |
Diamondback Energy Investors Sentiment
The influence of Diamondback Energy's 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 Diamondback. 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 Diamondback Energy's public news can be used to forecast risks associated with an investment in Diamondback. The trend in average sentiment can be used to explain how an investor holding Diamondback can time the market purely based on public headlines and social activities around Diamondback Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Diamondback Energy's 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 Diamondback Energy's 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 Diamondback Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Diamondback Energy.
Diamondback Energy Implied Volatility | 31.5 |
Diamondback Energy's implied volatility exposes the market's sentiment of Diamondback Energy stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Diamondback Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Diamondback Energy stock will not fluctuate a lot when Diamondback Energy's options are near their expiration.
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 Diamondback Energy 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, Diamondback Energy's short interest history, or implied volatility extrapolated from Diamondback Energy options trading.
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When running Diamondback Energy's price analysis, check to measure Diamondback Energy'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 Diamondback Energy is operating at the current time. Most of Diamondback Energy's value examination focuses on studying past and present price action to predict the probability of Diamondback Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamondback Energy's price. Additionally, you may evaluate how the addition of Diamondback Energy to your portfolios can decrease your overall portfolio volatility.
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Is Diamondback Energy'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 Diamondback Energy. If investors know Diamondback 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 Diamondback Energy 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 0.102 | Dividend Share 9.26 | Earnings Share 17.74 | Revenue Per Share 46.192 | Quarterly Revenue Growth 0.174 |
The market value of Diamondback Energy is measured differently than its book value, which is the value of Diamondback that is recorded on the company's balance sheet. Investors also form their own opinion of Diamondback Energy's value that differs from its market value or its book value, called intrinsic value, which is Diamondback Energy'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 Diamondback Energy's market value can be influenced by many factors that don't directly affect Diamondback Energy'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 Diamondback Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamondback Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamondback Energy'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.