DRI Historical Income Statement
| DHT-UN Stock | CAD 12.95 4.25 48.85% |
Historical analysis of DRI Healthcare income statement accounts such as Other Operating Expenses of 67.6 M or Operating Income of 96.9 M can show how well DRI Healthcare Trust performed in making a profits. Evaluating DRI Healthcare income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of DRI Healthcare's future profits or losses.
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 Income Statement Analysis
DRI Healthcare Trust Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to DRI Healthcare shareholders. The income statement also shows DRI investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
DRI Healthcare Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of DRI Healthcare Trust. It is also known as DRI Healthcare overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in DRI Healthcare Trust financial statement analysis. It represents the amount of money remaining after all of DRI Healthcare Trust operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Total Revenue
Total revenue comprises all receipts DRI Healthcare Trust generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most accounts from DRI Healthcare's income statement are interrelated and interconnected. However, analyzing income statement 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 income statement 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. At present, DRI Healthcare's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 96.9 M, whereas Depreciation And Amortization is forecasted to decline to about 51.7 M.
| 2010 | 2022 | 2023 | 2024 (projected) | Gross Profit | 73.3M | 79.9M | 218.0M | 136.1M | Total Revenue | 73.3M | 79.9M | 218.0M | 136.1M |
DRI Healthcare income statement 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 Trust Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to DRI Healthcare shareholders. The income statement also shows DRI investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).