DRI Historical Balance Sheet
| DHT-U Stock | USD 8.65 0.42 4.63% |
Trend analysis of DRI Healthcare Trust balance sheet accounts such as Total Stockholder Equity of 361 M or Net Debt of 75.1 M provides information on DRI Healthcare's total assets, liabilities, and equity, which is the actual value of DRI Healthcare Trust to its prevalent stockholders. By breaking down trends over time using DRI Healthcare 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 examining DRI Healthcare Trust latest 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 DRI Healthcare Trust is a good buy for the upcoming year.
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About DRI Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of DRI Healthcare Trust at a specified time, usually calculated after every quarter, six months, or one year. DRI Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DRI Healthcare 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 DRI currently owns. An asset can also be divided into two categories, current and non-current.
DRI Healthcare Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on DRI Healthcare balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of DRI Healthcare Trust are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Accounts Payable
An accounting item on the balance sheet that represents DRI Healthcare obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of DRI Healthcare Trust are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of DRI Healthcare Trust balance sheet. This account contains DRI Healthcare investments that will expire within one year. These investments include stocks and bonds that can be liquidated by DRI Healthcare Trust fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most accounts from DRI Healthcare's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into DRI Healthcare Trust 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. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DRI Healthcare Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. Total Assets is likely to drop to about 523.9 M in 2024. Total Current Liabilities is likely to drop to about 12.6 M in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 13.1M | 8.4M | 24.3M | 12.6M | Total Assets | 436.7M | 633.4M | 835.0M | 523.9M |
DRI Healthcare balance sheet Correlations
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DRI Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with DRI Healthcare
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 DRI Healthcare 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 DRI Healthcare will appreciate offsetting losses from the drop in the long position's value.Moving against DRI Stock
The ability to find closely correlated positions to DRI Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DRI Healthcare 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 DRI Healthcare - 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 DRI Healthcare Trust to buy it.
The correlation of DRI Healthcare 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 DRI Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DRI Healthcare Trust 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 DRI Healthcare 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.Additional Tools for DRI Stock Analysis
When running DRI Healthcare's price analysis, check to measure DRI Healthcare'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 DRI Healthcare is operating at the current time. Most of DRI Healthcare's value examination focuses on studying past and present price action to predict the probability of DRI Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DRI Healthcare's price. Additionally, you may evaluate how the addition of DRI Healthcare to your portfolios can decrease your overall portfolio volatility.