Dream Ebitda vs Tax Provision Analysis

DIR-UN Stock

CAD 11.68 0.23 1.93%

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 Ebitda and its Tax Provision 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.

Ebitda vs Tax Provision

Ebitda vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dream Industrial Real Ebitda account and Tax Provision. At this time, the significance of the direction appears to have strong relationship.

The correlation between Dream Industrial's Ebitda and Tax Provision is 0.66. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Tax Provision 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 Ebitda and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Dream Industrial Real are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Ebitda i.e., Dream Industrial's Ebitda and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Ebitda

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

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.

The current year's Enterprise Value is expected to grow to about 6.4 B, whereas Selling General Administrative is forecasted to decline to about 18.5 M.

	2022	2023	2024	2025 (projected)
Gross Profit	281.6M	339.7M	390.6M	410.2M
Total Revenue	369.6M	443.1M	509.6M	535.1M

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		0.99	0.82	0.91	1.0	0.89	0.99	0.98	0.99	0.98	0.2	1.0	0.85	0.2	0.96	-0.4	0.99	1.0	-0.26	-0.62	1.0	0.28	0.8	1.0	0.8	1.0
Short Long Term Debt Total	0.99		0.86	0.94	0.99	0.92	0.99	0.99	0.99	0.97	0.13	1.0	0.88	0.13	0.97	-0.37	0.98	1.0	-0.21	-0.54	1.0	0.2	0.85	0.99	0.75	0.99
Other Current Liab	0.82	0.86		0.89	0.8	0.85	0.8	0.88	0.82	0.76	-0.11	0.83	0.92	-0.11	0.89	-0.01	0.77	0.83	-0.33	-0.15	0.85	-0.06	0.86	0.79	0.43	0.8
Total Current Liabilities	0.91	0.94	0.89		0.9	0.96	0.92	0.95	0.93	0.83	-0.03	0.92	0.85	-0.03	0.97	-0.24	0.89	0.9	-0.12	-0.35	0.93	0.04	0.98	0.89	0.53	0.9
Total Stockholder Equity	1.0	0.99	0.8	0.9		0.89	0.98	0.97	0.99	0.98	0.23	1.0	0.83	0.23	0.95	-0.41	0.99	0.99	-0.28	-0.65	0.99	0.3	0.79	1.0	0.82	1.0
Property Plant And Equipment Net	0.89	0.92	0.85	0.96	0.89		0.91	0.93	0.92	0.81	-0.04	0.9	0.78	-0.04	0.97	-0.3	0.88	0.88	-0.13	-0.37	0.9	0.03	0.93	0.87	0.52	0.89
Current Deferred Revenue	0.99	0.99	0.8	0.92	0.98	0.91		0.97	0.98	0.96	0.16	0.99	0.83	0.16	0.96	-0.47	0.99	0.98	-0.16	-0.57	0.99	0.23	0.82	0.98	0.77	0.98
Net Debt	0.98	0.99	0.88	0.95	0.97	0.93	0.97		0.98	0.94	0.01	0.98	0.88	0.01	0.96	-0.33	0.95	0.98	-0.17	-0.48	0.99	0.08	0.87	0.96	0.69	0.97
Retained Earnings	0.99	0.99	0.82	0.93	0.99	0.92	0.98	0.98		0.96	0.15	0.99	0.81	0.15	0.97	-0.35	0.97	0.98	-0.28	-0.63	0.99	0.22	0.83	0.98	0.77	0.99
Accounts Payable	0.98	0.97	0.76	0.83	0.98	0.81	0.96	0.94	0.96		0.28	0.98	0.84	0.28	0.9	-0.43	0.97	0.98	-0.29	-0.64	0.98	0.35	0.69	0.99	0.87	0.98
Cash	0.2	0.13	-0.11	-0.03	0.23	-0.04	0.16	0.01	0.15	0.28		0.17	0.09	1.0	0.12	-0.38	0.27	0.19	-0.32	-0.49	0.16	1.0	-0.15	0.26	0.53	0.23
Non Current Assets Total	1.0	1.0	0.83	0.92	1.0	0.9	0.99	0.98	0.99	0.98	0.17		0.85	0.17	0.96	-0.38	0.99	1.0	-0.25	-0.6	1.0	0.24	0.81	0.99	0.79	1.0
Non Currrent Assets Other	0.85	0.88	0.92	0.85	0.83	0.78	0.83	0.88	0.81	0.84	0.09	0.85		0.09	0.85	-0.21	0.82	0.87	-0.2	-0.17	0.88	0.14	0.79	0.83	0.57	0.82
Cash And Short Term Investments	0.2	0.13	-0.11	-0.03	0.23	-0.04	0.16	0.01	0.15	0.28	1.0	0.17	0.09		0.12	-0.38	0.27	0.19	-0.32	-0.49	0.16	1.0	-0.15	0.26	0.53	0.23
Net Receivables	0.96	0.97	0.89	0.97	0.95	0.97	0.96	0.96	0.97	0.9	0.12	0.96	0.85	0.12		-0.31	0.95	0.95	-0.27	-0.47	0.96	0.19	0.91	0.94	0.66	0.95
Good Will	-0.4	-0.37	-0.01	-0.24	-0.41	-0.3	-0.47	-0.33	-0.35	-0.43	-0.38	-0.38	-0.21	-0.38	-0.31		-0.46	-0.39	-0.28	0.4	-0.38	-0.43	-0.16	-0.43	-0.51	-0.39
Common Stock Shares Outstanding	0.99	0.98	0.77	0.89	0.99	0.88	0.99	0.95	0.97	0.97	0.27	0.99	0.82	0.27	0.95	-0.46		0.99	-0.23	-0.63	0.98	0.34	0.78	0.99	0.82	0.98
Non Current Liabilities Total	1.0	1.0	0.83	0.9	0.99	0.88	0.98	0.98	0.98	0.98	0.19	1.0	0.87	0.19	0.95	-0.39	0.99		-0.25	-0.59	1.0	0.26	0.79	0.99	0.8	0.99
Other Current Assets	-0.26	-0.21	-0.33	-0.12	-0.28	-0.13	-0.16	-0.17	-0.28	-0.29	-0.32	-0.25	-0.2	-0.32	-0.27	-0.28	-0.23	-0.25		0.38	-0.23	-0.3	-0.01	-0.27	-0.36	-0.3
Other Stockholder Equity	-0.62	-0.54	-0.15	-0.35	-0.65	-0.37	-0.57	-0.48	-0.63	-0.64	-0.49	-0.6	-0.17	-0.49	-0.47	0.4	-0.63	-0.59	0.38		-0.56	-0.53	-0.19	-0.65	-0.82	-0.66
Total Liab	1.0	1.0	0.85	0.93	0.99	0.9	0.99	0.99	0.99	0.98	0.16	1.0	0.88	0.16	0.96	-0.38	0.98	1.0	-0.23	-0.56		0.23	0.82	0.99	0.77	0.99
Total Current Assets	0.28	0.2	-0.06	0.04	0.3	0.03	0.23	0.08	0.22	0.35	1.0	0.24	0.14	1.0	0.19	-0.43	0.34	0.26	-0.3	-0.53	0.23		-0.08	0.33	0.59	0.3
Short Term Debt	0.8	0.85	0.86	0.98	0.79	0.93	0.82	0.87	0.83	0.69	-0.15	0.81	0.79	-0.15	0.91	-0.16	0.78	0.79	-0.01	-0.19	0.82	-0.08		0.77	0.35	0.78
Common Stock	1.0	0.99	0.79	0.89	1.0	0.87	0.98	0.96	0.98	0.99	0.26	0.99	0.83	0.26	0.94	-0.43	0.99	0.99	-0.27	-0.65	0.99	0.33	0.77		0.84	1.0
Other Liab	0.8	0.75	0.43	0.53	0.82	0.52	0.77	0.69	0.77	0.87	0.53	0.79	0.57	0.53	0.66	-0.51	0.82	0.8	-0.36	-0.82	0.77	0.59	0.35	0.84		0.82
Net Tangible Assets	1.0	0.99	0.8	0.9	1.0	0.89	0.98	0.97	0.99	0.98	0.23	1.0	0.82	0.23	0.95	-0.39	0.98	0.99	-0.3	-0.66	0.99	0.3	0.78	1.0	0.82

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Dream Industrial Account Relationship Matchups

Dream Industrial fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.5B	6.1B	7.3B	7.9B	9.0B	9.5B
Short Long Term Debt Total	1.3B	2.1B	2.4B	2.9B	3.3B	3.5B
Other Current Liab	12.6M	15.2M	19.6M	34.5M	39.6M	41.6M
Total Current Liabilities	181.4M	134.8M	368.8M	425.4M	489.3M	513.7M
Total Stockholder Equity	1.9B	3.5B	4.5B	4.6B	5.3B	5.5B
Property Plant And Equipment Net	673K	1.4M	6.8B	6.9B	8.0B	8.4B
Current Deferred Revenue	5.1M	7.6M	10.8M	11.9M	13.7M	14.4M
Net Debt	1.0B	1.9B	2.3B	2.8B	3.2B	3.4B
Retained Earnings	281.5M	746.8M	1.3B	1.2B	1.4B	1.4B
Accounts Payable	33.6M	72.9M	58.4M	75.8M	87.2M	91.5M
Cash	254.9M	164.0M	83.8M	49.9M	57.4M	97.5M
Non Current Assets Total	3.3B	5.9B	7.2B	7.8B	8.9B	9.4B
Non Currrent Assets Other	3.2B	5.7B	92.0M	13.9B	16.0B	16.8B
Cash And Short Term Investments	254.9M	164.0M	83.8M	49.9M	57.4M	97.5M
Net Receivables	10.0M	7.9M	27.7M	31.7M	36.4M	38.3M
Good Will	5.7M	2.9M	7.1M	7.8M	7.0M	11.1M
Common Stock Shares Outstanding	169.6M	216.8M	270.7M	286.6M	329.6M	346.1M
Liabilities And Stockholders Equity	3.5B	6.1B	7.3B	7.9B	9.0B	9.5B
Non Current Liabilities Total	1.4B	2.4B	2.5B	2.9B	3.3B	3.5B
Other Current Assets	5.0M	4.9M	4.1M	5.9M	5.3M	6.8M
Other Stockholder Equity	(1.9B)	(3.5B)	(4.4B)	(1.2B)	(1.1B)	(1.1B)
Total Liab	1.6B	2.6B	2.8B	3.3B	3.8B	4.0B
Total Current Assets	267.9M	176.7M	115.5M	87.5M	100.6M	116.3M
Short Term Debt	125.1M	30.7M	264.7M	310.3M	356.8M	374.7M
Common Stock	1.6B	2.8B	3.1B	3.3B	3.8B	4.0B
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	1.1B	2.0B	2.1B	2.5B	2.9B	3.1B
Short Long Term Debt	130.2M	38.3M	275.5M	310.3M	279.2M	163.6M
Accumulated Other Comprehensive Income	17.6M	(3.6M)	70.9M	43.3M	49.8M	52.3M
Property Plant Equipment	2.4B	3.2B	5.7B	6.8B	7.8B	8.2B
Long Term Investments	9.0M	139.4M	313.5M	809.0M	930.4M	976.9M
Non Current Liabilities Other	259.2M	344.3M	246.4M	186.3M	214.3M	251.6M
Net Invested Capital	3.2B	5.5B	6.9B	7.4B	8.5B	4.6B
Net Working Capital	86.5M	41.9M	(253.3M)	(368.5M)	(331.6M)	(315.1M)
Capital Stock	1.6B	2.8B	3.1B	3.3B	3.8B	2.4B
Capital Lease Obligations	2.5M	12.0M	11.8M	11.7M	13.5M	8.4M
Intangible Assets	(11.4M)	(5.7M)	(14.2M)	(6.9B)	(6.2B)	(5.9B)

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 against Dream Stock

0.85	SPRX	Sparx Technology	Pair Corr
0.84	STC	Sangoma Technologies Corp Earnings Call This Week	Pair Corr
0.81	PPL-PA	Pembina Pipeline Corp	Pair Corr
0.55	FOOD	Goodfood Market Corp	Pair Corr
0.35	RBA	Ritchie Bros Auctioneers	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.

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Dream Ebitda vs Tax Provision Analysis

Ebitda vs Tax Provision

Ebitda vs Tax Provision Correlation Analysis

Correlation Coefficient

Ebitda

Tax Provision

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 against Dream Stock

Other Information on Investing in Dream Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Common Stock	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets

Other Liab	- 0.82	Other Stockholder Equity
Net Tangible Assets	- 0.66	Other Stockholder Equity
Common Stock	- 0.65	Other Stockholder Equity
Other Stockholder Equity	- 0.65	Total Stockholder Equity
Other Stockholder Equity	- 0.64	Accounts Payable
Other Stockholder Equity	- 0.63	Common Stock Shares Outstanding