Dream Cash And Short Term Investments vs Good Will Analysis

DIR-UN Stock

CAD 12.59 0.09 0.71%

Dream Industrial financial indicator trend analysis is much more than just examining Dream Industrial Real latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dream Industrial Real is a good investment. Please check the relationship between Dream Industrial Cash And Short Term Investments and its Good Will accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dream Industrial Real. 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.

Cash And Short Term Investments vs Good Will

Cash And Short Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dream Industrial Real Cash And Short Term Investments account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Dream Industrial's Cash And Short Term Investments and Good Will is -0.39. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of Dream Industrial Real, assuming nothing else is changed. The correlation between historical values of Dream Industrial's Cash And Short Term Investments and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Dream Industrial Real are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Cash And Short Term Investments i.e., Dream Industrial's Cash And Short Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Dream Industrial Real balance sheet. This account contains Dream Industrial investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Dream Industrial Real 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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from Dream Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dream Industrial Real 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 Dream Industrial Real. 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, Dream Industrial's Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 38.35, whereas Selling General Administrative is forecasted to decline to about 19 M.

	2021	2022	2023	2024 (projected)
Gross Profit	217.9M	281.6M	334.2M	168.9M
Total Revenue	289.8M	369.6M	437.6M	238.0M

Gross Profit Total Revenue

Dream Industrial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Net Tangible Assets
Total Assets		0.89	0.44	0.87	1.0	0.85	0.98	0.97	0.99	0.97	0.26	1.0	0.73	0.26	0.94	-0.4	0.88	0.89	-0.07	-0.71	0.89	0.32	0.74	1.0	0.82	1.0
Short Long Term Debt Total	0.89		0.54	0.74	0.89	0.73	0.87	0.85	0.89	0.86	0.19	0.89	0.57	0.19	0.81	-0.42	0.96	0.99	-0.05	-0.73	1.0	0.25	0.61	0.89	0.87	0.88
Other Current Liab	0.44	0.54		0.63	0.43	0.7	0.41	0.56	0.51	0.28	-0.4	0.47	0.25	-0.4	0.53	0.11	0.37	0.46	0.53	-0.16	0.5	-0.35	0.66	0.39	0.16	0.46
Total Current Liabilities	0.87	0.74	0.63		0.86	0.94	0.88	0.93	0.9	0.76	-0.02	0.88	0.61	-0.02	0.97	-0.22	0.67	0.68	0.23	-0.41	0.72	0.04	0.97	0.84	0.49	0.88
Total Stockholder Equity	1.0	0.89	0.43	0.86		0.84	0.98	0.96	0.99	0.97	0.29	1.0	0.71	0.29	0.94	-0.41	0.89	0.9	-0.1	-0.74	0.9	0.34	0.72	1.0	0.83	1.0
Property Plant And Equipment Net	0.85	0.73	0.7	0.94	0.84		0.87	0.9	0.88	0.72	-0.03	0.86	0.49	-0.03	0.94	-0.28	0.68	0.67	0.27	-0.42	0.71	0.03	0.91	0.81	0.47	0.86
Current Deferred Revenue	0.98	0.87	0.41	0.88	0.98	0.87		0.96	0.97	0.94	0.21	0.98	0.67	0.21	0.95	-0.49	0.88	0.87	-0.01	-0.64	0.87	0.27	0.76	0.98	0.78	0.98
Net Debt	0.97	0.85	0.56	0.93	0.96	0.9	0.96		0.97	0.91	0.03	0.98	0.73	0.03	0.95	-0.32	0.79	0.83	0.16	-0.56	0.84	0.08	0.82	0.95	0.69	0.97
Retained Earnings	0.99	0.89	0.51	0.9	0.99	0.88	0.97	0.97		0.94	0.19	0.99	0.66	0.19	0.95	-0.34	0.86	0.88	0.0	-0.72	0.89	0.25	0.78	0.98	0.77	0.99
Accounts Payable	0.97	0.86	0.28	0.76	0.97	0.72	0.94	0.91	0.94		0.35	0.97	0.78	0.35	0.86	-0.41	0.87	0.89	-0.2	-0.73	0.88	0.39	0.59	0.98	0.89	0.97
Cash	0.26	0.19	-0.4	-0.02	0.29	-0.03	0.21	0.03	0.19	0.35		0.22	0.27	1.0	0.17	-0.39	0.38	0.27	-0.96	-0.48	0.24	1.0	-0.14	0.33	0.56	0.25
Non Current Assets Total	1.0	0.89	0.47	0.88	1.0	0.86	0.98	0.98	0.99	0.97	0.22		0.73	0.22	0.95	-0.39	0.87	0.89	-0.03	-0.7	0.89	0.27	0.75	0.99	0.8	1.0
Non Currrent Assets Other	0.73	0.57	0.25	0.61	0.71	0.49	0.67	0.73	0.66	0.78	0.27	0.73		0.27	0.65	-0.2	0.53	0.6	-0.19	-0.3	0.59	0.3	0.47	0.73	0.65	0.74
Cash And Short Term Investments	0.26	0.19	-0.4	-0.02	0.29	-0.03	0.21	0.03	0.19	0.35	1.0	0.22	0.27		0.17	-0.39	0.38	0.27	-0.96	-0.48	0.24	1.0	-0.14	0.33	0.56	0.25
Net Receivables	0.94	0.81	0.53	0.97	0.94	0.94	0.95	0.95	0.95	0.86	0.17	0.95	0.65	0.17		-0.34	0.79	0.78	0.05	-0.54	0.8	0.23	0.9	0.92	0.64	0.95
Good Will	-0.4	-0.42	0.11	-0.22	-0.41	-0.28	-0.49	-0.32	-0.34	-0.41	-0.39	-0.39	-0.2	-0.39	-0.34		-0.52	-0.44	0.29	0.34	-0.42	-0.43	-0.12	-0.44	-0.5	-0.37
Common Stock Shares Outstanding	0.88	0.96	0.37	0.67	0.89	0.68	0.88	0.79	0.86	0.87	0.38	0.87	0.53	0.38	0.79	-0.52		0.97	-0.23	-0.79	0.97	0.44	0.53	0.9	0.92	0.86
Non Current Liabilities Total	0.89	0.99	0.46	0.68	0.9	0.67	0.87	0.83	0.88	0.89	0.27	0.89	0.6	0.27	0.78	-0.44	0.97		-0.14	-0.78	1.0	0.33	0.53	0.9	0.92	0.88
Other Current Assets	-0.07	-0.05	0.53	0.23	-0.1	0.27	-0.01	0.16	0.0	-0.2	-0.96	-0.03	-0.19	-0.96	0.05	0.29	-0.23	-0.14		0.38	-0.1	-0.95	0.34	-0.14	-0.47	-0.06
Other Stockholder Equity	-0.71	-0.73	-0.16	-0.41	-0.74	-0.42	-0.64	-0.56	-0.72	-0.73	-0.48	-0.7	-0.3	-0.48	-0.54	0.34	-0.79	-0.78	0.38		-0.76	-0.51	-0.26	-0.74	-0.82	-0.69
Total Liab	0.89	1.0	0.5	0.72	0.9	0.71	0.87	0.84	0.89	0.88	0.24	0.89	0.59	0.24	0.8	-0.42	0.97	1.0	-0.1	-0.76		0.3	0.58	0.9	0.9	0.88
Total Current Assets	0.32	0.25	-0.35	0.04	0.34	0.03	0.27	0.08	0.25	0.39	1.0	0.27	0.3	1.0	0.23	-0.43	0.44	0.33	-0.95	-0.51	0.3		-0.08	0.38	0.6	0.31
Short Term Debt	0.74	0.61	0.66	0.97	0.72	0.91	0.76	0.82	0.78	0.59	-0.14	0.75	0.47	-0.14	0.9	-0.12	0.53	0.53	0.34	-0.26	0.58	-0.08		0.69	0.29	0.75
Common Stock	1.0	0.89	0.39	0.84	1.0	0.81	0.98	0.95	0.98	0.98	0.33	0.99	0.73	0.33	0.92	-0.44	0.9	0.9	-0.14	-0.74	0.9	0.38	0.69		0.86	0.99
Other Liab	0.82	0.87	0.16	0.49	0.83	0.47	0.78	0.69	0.77	0.89	0.56	0.8	0.65	0.56	0.64	-0.5	0.92	0.92	-0.47	-0.82	0.9	0.6	0.29	0.86		0.8
Net Tangible Assets	1.0	0.88	0.46	0.88	1.0	0.86	0.98	0.97	0.99	0.97	0.25	1.0	0.74	0.25	0.95	-0.37	0.86	0.88	-0.06	-0.69	0.88	0.31	0.75	0.99	0.8

Click cells to compare fundamentals

Dream Industrial Account Relationship Matchups

Dream Industrial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.9B	3.5B	6.1B	7.3B	7.9B	8.3B
Short Long Term Debt Total	1.0B	1.3B	2.1B	2.4B	2.9B	1.4B
Other Current Liab	11.5M	12.6M	16.0M	24.1M	27.5M	19.4M
Total Current Liabilities	102.4M	181.4M	134.8M	368.8M	425.4M	446.7M
Total Stockholder Equity	1.6B	1.9B	3.5B	4.5B	4.6B	4.8B
Property Plant And Equipment Net	651K	673K	1.4M	6.8B	6.9B	7.3B
Current Deferred Revenue	3.1M	5.1M	7.6M	10.8M	11.9M	12.5M
Net Debt	573.0M	1.0B	1.9B	2.3B	2.8B	2.9B
Retained Earnings	187.4M	281.5M	746.8M	1.3B	1.2B	1.3B
Accounts Payable	26.2M	33.6M	72.9M	58.4M	75.8M	79.6M
Cash	441.5M	254.9M	164.0M	83.8M	49.9M	97.5M
Non Current Assets Total	2.4B	3.3B	5.9B	7.2B	7.8B	8.2B
Non Currrent Assets Other	2.4B	3.2B	5.7B	92.0M	7.0B	7.3B
Cash And Short Term Investments	441.5M	254.9M	164.0M	83.8M	49.9M	97.5M
Net Receivables	7.4M	10.0M	7.9M	27.7M	31.7M	33.3M
Good Will	5.1M	5.7M	2.9M	7.1M	7.8M	11.1M
Common Stock Shares Outstanding	134.2M	169.6M	216.8M	270.7M	280.8M	147.8M
Liabilities And Stockholders Equity	2.9B	3.5B	6.1B	7.3B	7.9B	8.3B
Non Current Liabilities Total	1.2B	1.4B	2.4B	2.5B	2.9B	1.5B
Other Current Assets	(448.9M)	(265.0M)	(171.9M)	4.1M	5.9M	6.2M
Other Stockholder Equity	(1.6B)	(1.9B)	(3.5B)	(4.4B)	(1.2B)	(1.3B)
Total Liab	1.3B	1.6B	2.6B	2.8B	3.3B	1.7B
Total Current Assets	451.4M	267.9M	176.7M	115.5M	87.5M	116.3M
Short Term Debt	61.7M	130.2M	38.3M	275.5M	310.3M	325.8M
Common Stock	1.4B	1.6B	2.8B	3.1B	3.3B	3.5B
Other Liab	277.1M	289.1M	391.4M	308.7M	355.0M	252.2M
Net Tangible Assets	1.6B	1.9B	3.5B	4.5B	5.1B	5.4B
Other Assets	2.7M	2.1M	40.9M	2.9M	3.4M	3.2M
Long Term Debt	952.9M	1.1B	2.0B	2.1B	2.5B	1.3B
Short Long Term Debt	61.7M	130.2M	38.3M	275.5M	310.3M	163.6M
Accumulated Other Comprehensive Income	(435K)	17.6M	(3.6M)	70.9M	43.3M	45.5M
Property Plant Equipment	2.4B	3.2B	5.7B	6.8B	7.8B	8.2B
Long Term Investments	8.0M	9.0M	139.4M	313.5M	809.0M	849.5M
Non Current Liabilities Other	257.3M	259.2M	344.3M	246.4M	186.3M	251.6M
Net Invested Capital	2.6B	3.2B	5.5B	6.9B	7.4B	4.6B
Net Working Capital	349.0M	86.5M	41.9M	(253.3M)	(368.5M)	(350.1M)
Capital Stock	1.4B	1.6B	2.8B	3.1B	3.3B	2.4B

Pair Trading with Dream Industrial

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 Dream Industrial 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 Dream Industrial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dream Stock

0.64

CMC

Cielo Waste Solutions

Pair Corr

Moving against Dream Stock

0.77	LQWD	LQwD FinTech Corp	Pair Corr
0.66	MATE	Blockmate Ventures Earnings Call This Week	Pair Corr
0.64	ERC	Eros Resources Corp	Pair Corr

The ability to find closely correlated positions to Dream Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dream Industrial 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 Dream Industrial - 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 Dream Industrial Real to buy it.

The correlation of Dream Industrial 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 Dream Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dream Industrial Real 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 Dream Industrial 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 Dream Stock

Balance Sheet is a snapshot of the financial position of Dream Industrial Real at a specified time, usually calculated after every quarter, six months, or one year. Dream Industrial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dream Industrial 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 Dream currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Dream Cash And Short Term Investments vs Good Will Analysis

Cash And Short Term Investments vs Good Will

Cash And Short Term Investments vs Good Will Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Good Will

Dream Industrial fundamental ratios Correlations

Dream Industrial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dream Industrial fundamental ratios Accounts

Pair Trading with Dream Industrial

Moving together with Dream Stock

Moving against Dream Stock

Other Information on Investing in Dream Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Total Stockholder Equity

Other Current Assets	- 0.96	Cash And Short Term Investments
Other Current Assets	- 0.96	Cash
Total Current Assets	- 0.95	Other Current Assets
Other Liab	- 0.82	Other Stockholder Equity
Other Stockholder Equity	- 0.79	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.78	Non Current Liabilities Total