Dream Non Current Assets Total vs Property Plant Equipment Analysis
DIR-UN Stock | CAD 12.71 0.08 0.63% |
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 Non Current Assets Total and its Property Plant Equipment 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.
Non Current Assets Total vs Property Plant Equipment
Non Current Assets Total vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dream Industrial Real Non Current Assets Total account and Property Plant Equipment. At this time, the significance of the direction appears to have totally related.
The correlation between Dream Industrial's Non Current Assets Total and Property Plant Equipment is 1.0. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant Equipment 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 Non Current Assets Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Dream Industrial Real are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Assets Total i.e., Dream Industrial's Non Current Assets Total and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Property Plant Equipment
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.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 217.9M | 281.6M | 339.7M | 356.7M | Total Revenue | 289.8M | 369.6M | 443.1M | 238.5M |
Dream Industrial fundamental ratios Correlations
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Dream Industrial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 15.2M | 19.6M | 34.5M | 36.2M | |
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 | 13.9B | 14.6B | |
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 | 286.6M | 148.3M | |
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 | 2.5M | 5.0M | 4.9M | 4.1M | 5.9M | 6.8M | |
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 | 58.6M | 125.1M | 30.7M | 264.7M | 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
Moving against Dream Stock
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.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.