DRI Pfcf Ratio vs Net Income Per Share Analysis

DHT-UN Stock

CAD 8.65 0.42 4.63%

DRI Healthcare financial indicator trend analysis is much more than just examining DRI Healthcare Trust latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DRI Healthcare Trust is a good investment. Please check the relationship between DRI Healthcare Pfcf Ratio and its Net Income Per Share accounts. 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.

Pfcf Ratio vs Net Income Per Share

Pfcf Ratio vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DRI Healthcare Trust Pfcf Ratio account and Net Income Per Share. At this time, the significance of the direction appears to have pay attention.

The correlation between DRI Healthcare's Pfcf Ratio and Net Income Per Share is -0.79. Overlapping area represents the amount of variation of Pfcf Ratio that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of DRI Healthcare Trust, assuming nothing else is changed. The correlation between historical values of DRI Healthcare's Pfcf Ratio and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pfcf Ratio of DRI Healthcare Trust are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Pfcf Ratio i.e., DRI Healthcare's Pfcf Ratio and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

-0.79

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Pfcf Ratio

Net Income Per Share

Most indicators from DRI Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.

As of November 27, 2024, Selling General Administrative is expected to decline to about 18.4 M. In addition to that, Issuance Of Capital Stock is expected to decline to about 172.4 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

Gross Profit Total Revenue

DRI Healthcare fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Other Liab	Current Deferred Revenue	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Net Invested Capital
Total Assets		0.95	0.99	-0.71	0.74	-0.22	0.95	0.94	0.94	0.33	0.96	0.95	0.99	0.83	-0.54	0.92	-0.9	0.91	-0.86	-0.03	-0.73	0.87	0.58	0.79	-0.87	0.91
Total Current Liabilities	0.95		0.97	-0.56	0.51	-0.13	1.0	0.96	0.96	0.4	0.86	0.91	0.97	0.63	-0.68	0.82	-0.78	0.87	-0.82	0.26	-0.77	0.86	0.71	0.83	-0.84	0.85
Total Stockholder Equity	0.99	0.97		-0.61	0.65	-0.11	0.97	0.98	0.98	0.44	0.92	0.97	1.0	0.75	-0.56	0.85	-0.84	0.87	-0.83	0.04	-0.72	0.84	0.59	0.77	-0.84	0.87
Net Tangible Assets	-0.71	-0.56	-0.61		-0.87	0.82	-0.56	-0.45	-0.45	0.41	-0.86	-0.49	-0.62	-0.9	0.5	-0.9	0.94	-0.89	0.88	0.18	0.73	-0.85	-0.53	-0.77	0.87	-0.91
Net Debt	0.74	0.51	0.65	-0.87		-0.51	0.51	0.52	0.52	-0.14	0.88	0.61	0.66	0.98	-0.12	0.87	-0.89	0.75	-0.7	-0.57	-0.45	0.65	0.16	0.5	-0.69	0.8
Retained Earnings	-0.22	-0.13	-0.11	0.82	-0.51		-0.13	0.08	0.08	0.84	-0.43	0.07	-0.12	-0.51	0.44	-0.55	0.58	-0.58	0.59	-0.04	0.55	-0.59	-0.45	-0.56	0.59	-0.59
Accounts Payable	0.95	1.0	0.97	-0.56	0.51	-0.13		0.96	0.96	0.4	0.86	0.91	0.97	0.63	-0.68	0.82	-0.78	0.87	-0.82	0.26	-0.77	0.86	0.71	0.83	-0.84	0.85
Cash	0.94	0.96	0.98	-0.45	0.52	0.08	0.96		1.0	0.6	0.82	0.99	0.98	0.63	-0.54	0.73	-0.73	0.76	-0.74	0.09	-0.66	0.75	0.57	0.7	-0.74	0.76
Cash And Short Term Investments	0.94	0.96	0.98	-0.45	0.52	0.08	0.96	1.0		0.6	0.82	0.99	0.98	0.63	-0.54	0.73	-0.73	0.76	-0.74	0.09	-0.66	0.75	0.57	0.7	-0.74	0.76
Other Stockholder Equity	0.33	0.4	0.44	0.41	-0.14	0.84	0.4	0.6	0.6		0.09	0.59	0.43	-0.06	0.04	-0.06	0.07	-0.06	0.06	0.01	0.05	-0.06	-0.04	-0.05	0.06	-0.06
Total Liab	0.96	0.86	0.92	-0.86	0.88	-0.43	0.86	0.82	0.82	0.09		0.84	0.92	0.93	-0.47	0.99	-0.97	0.95	-0.88	-0.16	-0.71	0.88	0.51	0.77	-0.89	0.96
Total Current Assets	0.95	0.91	0.97	-0.49	0.61	0.07	0.91	0.99	0.99	0.59	0.84		0.97	0.71	-0.45	0.75	-0.76	0.75	-0.73	-0.08	-0.62	0.72	0.47	0.66	-0.73	0.76
Common Stock	0.99	0.97	1.0	-0.62	0.66	-0.12	0.97	0.98	0.98	0.43	0.92	0.97		0.76	-0.56	0.86	-0.84	0.87	-0.83	0.03	-0.72	0.84	0.59	0.77	-0.84	0.87
Short Long Term Debt Total	0.83	0.63	0.75	-0.9	0.98	-0.51	0.63	0.63	0.63	-0.06	0.93	0.71	0.76		-0.29	0.91	-0.95	0.83	-0.81	-0.45	-0.6	0.76	0.32	0.64	-0.8	0.88
Other Current Liab	-0.54	-0.68	-0.56	0.5	-0.12	0.44	-0.68	-0.54	-0.54	0.04	-0.47	-0.45	-0.56	-0.29		-0.5	0.55	-0.7	0.79	-0.67	0.93	-0.83	-1.0	-0.92	0.8	-0.67
Other Liab	0.92	0.82	0.85	-0.9	0.87	-0.55	0.82	0.73	0.73	-0.06	0.99	0.75	0.86	0.91	-0.5		-0.96	0.97	-0.88	-0.1	-0.71	0.89	0.53	0.79	-0.9	0.97
Current Deferred Revenue	-0.9	-0.78	-0.84	0.94	-0.89	0.58	-0.78	-0.73	-0.73	0.07	-0.97	-0.76	-0.84	-0.95	0.55	-0.96		-0.95	0.94	0.17	0.8	-0.92	-0.59	-0.84	0.94	-0.98
Non Current Assets Total	0.91	0.87	0.87	-0.89	0.75	-0.58	0.87	0.76	0.76	-0.06	0.95	0.75	0.87	0.83	-0.7	0.97	-0.95		-0.96	0.11	-0.86	0.98	0.73	0.92	-0.97	0.99
Non Currrent Assets Other	-0.86	-0.82	-0.83	0.88	-0.7	0.59	-0.82	-0.74	-0.74	0.06	-0.88	-0.73	-0.83	-0.81	0.79	-0.88	0.94	-0.96		-0.13	0.95	-0.99	-0.82	-0.97	1.0	-0.97
Other Assets	-0.03	0.26	0.04	0.18	-0.57	-0.04	0.26	0.09	0.09	0.01	-0.16	-0.08	0.03	-0.45	-0.67	-0.1	0.17	0.11	-0.13		-0.36	0.23	0.65	0.37	-0.15	0.02
Net Receivables	-0.73	-0.77	-0.72	0.73	-0.45	0.55	-0.77	-0.66	-0.66	0.05	-0.71	-0.62	-0.72	-0.6	0.93	-0.71	0.8	-0.86	0.95	-0.36		-0.95	-0.94	-0.99	0.95	-0.86
Common Stock Shares Outstanding	0.87	0.86	0.84	-0.85	0.65	-0.59	0.86	0.75	0.75	-0.06	0.88	0.72	0.84	0.76	-0.83	0.89	-0.92	0.98	-0.99	0.23	-0.95		0.85	0.98	-1.0	0.97
Non Current Liabilities Total	0.58	0.71	0.59	-0.53	0.16	-0.45	0.71	0.57	0.57	-0.04	0.51	0.47	0.59	0.32	-1.0	0.53	-0.59	0.73	-0.82	0.65	-0.94	0.85		0.93	-0.82	0.7
Inventory	0.79	0.83	0.77	-0.77	0.5	-0.56	0.83	0.7	0.7	-0.05	0.77	0.66	0.77	0.64	-0.92	0.79	-0.84	0.92	-0.97	0.37	-0.99	0.98	0.93		-0.97	0.91
Other Current Assets	-0.87	-0.84	-0.84	0.87	-0.69	0.59	-0.84	-0.74	-0.74	0.06	-0.89	-0.73	-0.84	-0.8	0.8	-0.9	0.94	-0.97	1.0	-0.15	0.95	-1.0	-0.82	-0.97		-0.98
Net Invested Capital	0.91	0.85	0.87	-0.91	0.8	-0.59	0.85	0.76	0.76	-0.06	0.96	0.76	0.87	0.88	-0.67	0.97	-0.98	0.99	-0.97	0.02	-0.86	0.97	0.7	0.91	-0.98

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DRI Healthcare Account Relationship Matchups

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.

Pair Correlation Correlation Matching

Other Information on Investing in DRI Stock

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.

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DRI Pfcf Ratio vs Net Income Per Share Analysis

Pfcf Ratio vs Net Income Per Share

Pfcf Ratio vs Net Income Per Share Correlation Analysis

Correlation Coefficient

Pfcf Ratio

Net Income Per Share

DRI Healthcare fundamental ratios Correlations

DRI Healthcare Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with DRI Healthcare

Other Information on Investing in DRI Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Current Liabilities
Common Stock	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Other Current Assets	+ 1.0	Non Currrent Assets Other
Total Stockholder Equity	+ 0.99	Total Assets
Common Stock	+ 0.99	Total Assets

Other Current Assets	- 1.0	Common Stock Shares Outstanding
Non Current Liabilities Total	- 1.0	Other Current Liab
Inventory	- 0.99	Net Receivables
Common Stock Shares Outstanding	- 0.99	Non Currrent Assets Other
Net Invested Capital	- 0.98	Other Current Assets
Net Invested Capital	- 0.98	Current Deferred Revenue