DRI Historical Financial Ratios
| DHT-UN Stock | CAD 12.95 4.25 48.85% |
DRI Healthcare is recently reporting on over 77 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 0.49 or Days Sales Outstanding of 102 will help investors to properly organize and evaluate DRI Healthcare Trust financial condition quickly.
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About DRI Financial Ratios Analysis
DRI Healthcare TrustFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate DRI Healthcare investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on DRI financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across DRI Healthcare history.
DRI Healthcare Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing DRI Healthcare Trust stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on DRI Healthcare sales, a figure that is much harder to manipulate than other DRI Healthcare Trust multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is DRI Healthcare Trust dividend as a percentage of DRI Healthcare stock price. DRI Healthcare Trust dividend yield is a measure of DRI Healthcare stock productivity, which can be interpreted as interest rate earned on an DRI Healthcare investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Most ratios from DRI Healthcare's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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. At present, DRI Healthcare's Return On Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Current Ratio is expected to grow to 5.74, whereas ROE is forecasted to decline to 0.15.
| 2010 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0199 | 0.0901 | 0.0778 | 0.0501 | Price To Sales Ratio | 2.52 | 2.81 | 1.93 | 2.66 |
DRI Healthcare fundamentals 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.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.Other Information on Investing in DRI Stock
DRI Healthcare TrustFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate DRI Healthcare investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on DRI financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across DRI Healthcare history.