Diamond Historical Balance Sheet

DHIL
 Stock
  

USD 183.35  3.85  2.14%   

Trend analysis of Diamond Hill Inv balance sheet accounts such as Total Assets of 256.1 M or Current Assets of 83 M provides information on Diamond Hill's total assets, liabilities, and equity, which is the actual value of Diamond Hill Inv to its prevalent stockholders. By breaking down trends over time using Diamond Hill balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year. Financial Statement Analysis is much more than just reviewing and breaking down Diamond Hill Inv prevalent accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Diamond Hill Inv is a good buy for the upcoming year.
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About Diamond Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Diamond Hill Inv at a specified time, usually calculated after every quarter, six months, or one year. Diamond Hill Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Diamond Hill and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Diamond currently owns. An asset can also be divided into two categories, current and non-current.

Diamond Hill Balance Sheet Chart

Diamond Hill Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Diamond Hill Inv uses and utilizes its capital. It also shows what exactly a company owns and owes.
Diamond Hill Trade and Non Trade Payables is relatively stable at the moment as compared to the past year. The company's current value of Trade and Non Trade Payables is estimated at 9.07 Million. Accumulated Retained Earnings Deficit is expected to hike to about 128.7 M this year, although the value of Accounts Payable will most likely fall to nearly 7.7 M.

Total Assets

Total assets refers to the total amount of Diamond Hill assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Diamond Hill Inv books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; [Intangibles]; Property Plant and Equipment Net; Tax Assets and Trade and Non Trade Receivables.

Current Assets

Current assets of Diamond Hill Inv include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Diamond Hill. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.

Shareholders Equity

A principal component of the balance sheet; in addition to Total Liabilities and Total Assets; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.

Total Liabilities

Deferred Income Tax is recorded on Diamond Hill Inv balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Diamond Hill books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are [Debt]; [DeferredRev]; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.
Most accounts from Diamond Hill balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Diamond Hill Inv current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Continue to Investing Opportunities.Diamond Hill Trade and Non Trade Payables is relatively stable at the moment as compared to the past year. The company's current value of Trade and Non Trade Payables is estimated at 9.07 Million. Accumulated Retained Earnings Deficit is expected to hike to about 128.7 M this year, although the value of Accounts Payable will most likely fall to nearly 7.7 M.
 2019 2020 2021 2022 (projected)
Accounts Payable8.67 M8 M8.59 M7.7 M
Receivables17.22 M17.81 M20.44 M17.47 M

Diamond Hill balance sheet Correlations

Diamond Hill Account Relationship Matchups

Diamond Hill balance sheet Accounts

201720182019202020212022 (projected)
Receivables19.22 M20.29 M17.22 M17.81 M20.44 M17.47 M
Accounts Payable11.89 M15.56 M8.67 M8 M8.59 M7.7 M
Total Assets250.39 M325.73 M272.66 M263.1 M286.15 M256.13 M
Current Assets99.94 M104.72 M114.25 M116.54 M100.99 M82.98 M
Cash and Equivalents76.6 M84.43 M93.18 M98.48 M80.55 M76.07 M
Cash and Equivalents USD76.6 M84.43 M93.18 M98.48 M80.55 M76.07 M
Shareholders Equity172.44 M195.58 M192.86 M184.08 M184.42 M167.22 M
Shareholders Equity USD172.44 M195.58 M192.86 M184.08 M184.42 M167.22 M
Investments138.48 M203.49 M139.44 M128.4 M166.66 M141.7 M
Total Liabilities57.87 M67.47 M65.63 M69.64 M83.97 M72.31 M
Current Liabilities37.39 M45.08 M35.29 M36.4 M46.63 M37.84 M
Trade and Non Trade Payables11.89 M15.56 M8.67 M8 M8.59 M9.07 M
Property Plant and Equipment Net4.06 M3.68 M5.73 M6.74 M6.1 M5.29 M
Trade and Non Trade Receivables19.22 M20.29 M17.22 M17.81 M20.44 M20.36 M
Accumulated Retained Earnings Deficit73.37 M92.65 M117.33 M118.02 M119.26 M128.67 M
Tax Assets9.96 M11.47 M14.24 M8.69 M9.85 M10.2 M

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Our tools can tell you how much better you can do entering a position in Diamond Hill without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Diamond Hill

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 Diamond Hill 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 Diamond Hill will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Diamond Hill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diamond Hill 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 Diamond Hill - 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 Diamond Hill Inv to buy it.
The correlation of Diamond Hill is a statistical measure of how it moves in relation to other equities. 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 Diamond Hill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diamond Hill Inv 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 Diamond Hill 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
Continue to Investing Opportunities. Note that the Diamond Hill Inv information on this page should be used as a complementary analysis to other Diamond Hill's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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Is Diamond Hill'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 Diamond Hill. If investors know Diamond 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 Diamond Hill 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 YOY
-0.73
Market Capitalization
551 M
Quarterly Revenue Growth YOY
-0.13
Return On Assets
0.2
Return On Equity
0.25
The market value of Diamond Hill Inv is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Hill's value that differs from its market value or its book value, called intrinsic value, which is Diamond Hill'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 Diamond Hill's market value can be influenced by many factors that don't directly affect Diamond Hill'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 Diamond Hill's value and its price as these two are different measures arrived at by different means. Investors typically determine Diamond Hill value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Hill'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.