Darling Interest Coverage vs Inventory Turnover Analysis

DAR Stock  USD 46.33  1.91  4.30%   
Darling Ingredients financial indicator trend analysis is much more than just examining Darling Ingredients latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Darling Ingredients is a good investment. Please check the relationship between Darling Ingredients Interest Coverage and its Inventory Turnover accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Darling Ingredients. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Darling Stock, please use our How to Invest in Darling Ingredients guide.

Interest Coverage vs Inventory Turnover

Interest Coverage vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Darling Ingredients Interest Coverage account and Inventory Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Darling Ingredients' Interest Coverage and Inventory Turnover is -0.29. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Darling Ingredients, assuming nothing else is changed. The correlation between historical values of Darling Ingredients' Interest Coverage and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Darling Ingredients are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Interest Coverage i.e., Darling Ingredients' Interest Coverage and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Coverage

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.
Most indicators from Darling Ingredients' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Darling Ingredients 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 Darling Ingredients. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Darling Stock, please use our How to Invest in Darling Ingredients guide.As of 03/28/2024, Selling General Administrative is likely to grow to about 569.7 M, while Tax Provision is likely to drop slightly above 55.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.5B1.1B1.2B
Total Revenue4.7B6.5B6.8B7.1B

Darling Ingredients fundamental ratios Correlations

0.980.880.960.980.980.970.950.95-0.081.00.94-0.080.990.420.980.980.860.250.990.950.960.830.850.990.47
0.980.830.910.920.950.990.910.91-0.110.980.97-0.110.980.331.00.970.870.171.00.960.940.810.890.980.38
0.880.830.910.880.90.840.880.9-0.160.890.77-0.160.880.440.840.890.610.250.860.790.830.840.640.840.45
0.960.910.910.950.980.920.930.99-0.230.960.84-0.230.960.50.910.970.730.30.940.860.890.860.720.940.49
0.980.920.880.950.960.90.960.940.00.970.890.00.950.460.920.940.850.290.940.920.950.810.770.950.53
0.980.950.90.980.960.950.930.97-0.190.990.89-0.190.990.50.950.990.790.320.970.920.920.840.790.980.5
0.970.990.840.920.90.950.910.92-0.240.980.96-0.240.980.330.990.980.840.130.990.960.890.810.860.970.34
0.950.910.880.930.960.930.910.95-0.130.960.92-0.130.930.260.910.930.870.040.920.930.890.820.670.910.33
0.950.910.90.990.940.970.920.95-0.250.960.86-0.250.960.440.910.970.750.210.940.860.880.830.70.930.43
-0.08-0.11-0.16-0.230.0-0.19-0.24-0.13-0.25-0.13-0.121.0-0.21-0.01-0.11-0.240.050.3-0.13-0.150.17-0.150.09-0.10.26
1.00.980.890.960.970.990.980.960.96-0.130.95-0.130.990.410.980.990.850.230.990.950.950.830.830.990.45
0.940.970.770.840.890.890.960.920.86-0.120.95-0.120.930.180.960.910.94-0.010.950.980.890.740.820.930.25
-0.08-0.11-0.16-0.230.0-0.19-0.24-0.13-0.251.0-0.13-0.12-0.21-0.01-0.11-0.240.050.3-0.13-0.150.17-0.150.09-0.10.26
0.990.980.880.960.950.990.980.930.96-0.210.990.93-0.210.450.981.00.810.260.990.940.930.810.840.990.46
0.420.330.440.50.460.50.330.260.44-0.010.410.18-0.010.450.350.450.050.870.380.230.440.290.480.470.95
0.981.00.840.910.920.950.990.910.91-0.110.980.96-0.110.980.350.970.860.191.00.950.940.80.890.990.39
0.980.970.890.970.940.990.980.930.97-0.240.990.91-0.241.00.450.970.790.250.980.920.920.820.820.980.45
0.860.870.610.730.850.790.840.870.750.050.850.940.050.810.050.860.79-0.060.850.940.830.640.710.840.19
0.250.170.250.30.290.320.130.040.210.30.23-0.010.30.260.870.190.25-0.060.210.060.370.160.390.310.87
0.991.00.860.940.940.970.990.920.94-0.130.990.95-0.130.990.381.00.980.850.210.950.950.820.880.990.41
0.950.960.790.860.920.920.960.930.86-0.150.950.98-0.150.940.230.950.920.940.060.950.880.770.80.940.29
0.960.940.830.890.950.920.890.890.880.170.950.890.170.930.440.940.920.830.370.950.880.770.880.950.55
0.830.810.840.860.810.840.810.820.83-0.150.830.74-0.150.810.290.80.820.640.160.820.770.770.60.790.32
0.850.890.640.720.770.790.860.670.70.090.830.820.090.840.480.890.820.710.390.880.80.880.60.90.54
0.990.980.840.940.950.980.970.910.93-0.10.990.93-0.10.990.470.990.980.840.310.990.940.950.790.90.5
0.470.380.450.490.530.50.340.330.430.260.450.250.260.460.950.390.450.190.870.410.290.550.320.540.5
Click cells to compare fundamentals

Darling Ingredients Account Relationship Matchups

Darling Ingredients fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.3B5.6B6.1B9.2B11.1B11.6B
Short Long Term Debt Total1.8B1.7B1.6B3.6B4.6B4.9B
Other Current Liab302.0M338.5M367.1M476.9M441.0M463.0M
Total Current Liabilities688.3M675.3M752.7M1.1B998.1M1.0B
Total Stockholder Equity2.6B2.9B3.3B3.8B4.6B4.8B
Property Plant And Equipment Net1.9B2.0B2.0B2.6B3.1B3.3B
Net Debt1.7B1.6B1.6B3.4B4.5B4.7B
Retained Earnings1.4B1.7B2.3B3.1B3.7B3.9B
Accounts Payable239.3M255.3M307.1M472.5M425.6M446.9M
Cash72.9M81.6M68.9M127.0M126.8M88.5M
Non Current Assets Total4.4B4.6B5.0B7.6B9.2B9.7B
Non Currrent Assets Other47.4M60.7M66.8M136.3M235.0M246.7M
Cash And Short Term Investments72.9M81.6M68.9M127.0M126.8M88.5M
Net Receivables409.7M409.3M470.2M695.2M821.9M863.0M
Common Stock Shares Outstanding168.4M167.2M167.1M164.1M162.4M101.8M
Liabilities And Stockholders Equity5.3B5.6B6.1B9.2B11.1B11.6B
Non Current Liabilities Total2.0B2.0B2.0B4.2B5.4B5.6B
Inventory363.0M405.9M457.5M673.6M758.7M796.7M
Other Current Assets25.0M42.3M38.6M56.3M148.2M155.7M
Other Stockholder Equity1.5B1.4B1.3B1.1B1.1B672.2M
Total Liab2.7B2.7B2.8B5.3B6.4B6.7B
Property Plant And Equipment Gross1.9B2.0B1.8B2.6B5.5B5.8B
Total Current Assets917.3M987.0M1.1B1.6B1.9B1.9B
Accumulated Other Comprehensive Income(321.8M)(252.4M)(321.7M)(383.9M)(198.3M)(188.4M)
Short Term Debt128.8M67.0M62.6M119.1M116.0M121.8M
Intangible Assets526.4M473.7M397.8M865.1M1.1B1.1B
Good Will1.2B1.3B1.2B2.0B2.5B2.6B
Common Stock Total Equity1.7M1.7M1.7M1.7M2.0M1.1M
Common Stock1.7M1.7M1.7M1.7M1.7M1.1M
Other Liab363.7M393.6M474.0M780.8M897.9M942.8M
Other Assets61.8M77.4M83.0M154.2M177.3M186.1M
Property Plant Equipment1.8B1.9B2.0B2.6B3.0B3.2B
Current Deferred Revenue18.3M14.4M15.9M15.5M17.9M27.2M
Treasury Stock(47.8M)(75.0M)(151.7M)(374.7M)(337.2M)(320.4M)
Long Term Debt1.6B1.5B1.4B3.3B4.4B4.6B
Net Tangible Assets816.1M2.9B3.3B973.5M1.1B779.8M
Noncontrolling Interest In Consolidated Entity62.8M77.5M62.3M66.8M76.8M60.3M
Retained Earnings Total Equity1.1B1.4B1.7B2.3B2.7B2.8B

Pair Trading with Darling Ingredients

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

Moving together with Darling Stock

  0.79BG Bunge Limited Financial Report 1st of May 2024 PairCorr

Moving against Darling Stock

  0.65FARM Farmer Bros Financial Report 8th of May 2024 PairCorr
  0.46FREE Whole Earth Brands Financial Report 8th of May 2024 PairCorr
  0.42BOF BranchOut Food CommonPairCorr
The ability to find closely correlated positions to Darling Ingredients could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Darling Ingredients 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 Darling Ingredients - 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 Darling Ingredients to buy it.
The correlation of Darling Ingredients 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 Darling Ingredients moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Darling Ingredients 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 Darling Ingredients 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 Darling Ingredients is a strong investment it is important to analyze Darling Ingredients' 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 Darling Ingredients' future performance. For an informed investment choice regarding Darling Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Darling Ingredients. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Darling Stock, please use our How to Invest in Darling Ingredients guide.
Note that the Darling Ingredients information on this page should be used as a complementary analysis to other Darling Ingredients' 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 the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Darling Stock analysis

When running Darling Ingredients' price analysis, check to measure Darling Ingredients' 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 Darling Ingredients is operating at the current time. Most of Darling Ingredients' value examination focuses on studying past and present price action to predict the probability of Darling Ingredients' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Darling Ingredients' price. Additionally, you may evaluate how the addition of Darling Ingredients to your portfolios can decrease your overall portfolio volatility.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Is Darling Ingredients' 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 Darling Ingredients. If investors know Darling 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 Darling Ingredients 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
(0.45)
Earnings Share
3.99
Revenue Per Share
42.462
Quarterly Revenue Growth
(0.09)
Return On Assets
0.037
The market value of Darling Ingredients is measured differently than its book value, which is the value of Darling that is recorded on the company's balance sheet. Investors also form their own opinion of Darling Ingredients' value that differs from its market value or its book value, called intrinsic value, which is Darling Ingredients' 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 Darling Ingredients' market value can be influenced by many factors that don't directly affect Darling Ingredients' 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 Darling Ingredients' value and its price as these two are different measures arrived at by different means. Investors typically determine if Darling Ingredients is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Darling Ingredients' 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.