Dream Total Liab vs Other Stockholder Equity 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 Total Liab and its Other Stockholder Equity 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.

Total Liab vs Other Stockholder Equity

Total Liab vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dream Industrial Real Total Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Dream Industrial's Total Liab and Other Stockholder Equity is -0.76. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Other Stockholder Equity 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 Total Liab and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Dream Industrial Real are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Liab i.e., Dream Industrial's Total Liab and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Other Stockholder Equity

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 Profit217.9M281.6M334.2M168.9M
Total Revenue289.8M369.6M437.6M238.0M

Dream Industrial fundamental ratios Correlations

0.890.440.871.00.850.980.970.990.970.261.00.730.260.94-0.40.880.89-0.07-0.710.890.320.741.00.821.0
0.890.540.740.890.730.870.850.890.860.190.890.570.190.81-0.420.960.99-0.05-0.731.00.250.610.890.870.88
0.440.540.630.430.70.410.560.510.28-0.40.470.25-0.40.530.110.370.460.53-0.160.5-0.350.660.390.160.46
0.870.740.630.860.940.880.930.90.76-0.020.880.61-0.020.97-0.220.670.680.23-0.410.720.040.970.840.490.88
1.00.890.430.860.840.980.960.990.970.291.00.710.290.94-0.410.890.9-0.1-0.740.90.340.721.00.831.0
0.850.730.70.940.840.870.90.880.72-0.030.860.49-0.030.94-0.280.680.670.27-0.420.710.030.910.810.470.86
0.980.870.410.880.980.870.960.970.940.210.980.670.210.95-0.490.880.87-0.01-0.640.870.270.760.980.780.98
0.970.850.560.930.960.90.960.970.910.030.980.730.030.95-0.320.790.830.16-0.560.840.080.820.950.690.97
0.990.890.510.90.990.880.970.970.940.190.990.660.190.95-0.340.860.880.0-0.720.890.250.780.980.770.99
0.970.860.280.760.970.720.940.910.940.350.970.780.350.86-0.410.870.89-0.2-0.730.880.390.590.980.890.97
0.260.19-0.4-0.020.29-0.030.210.030.190.350.220.271.00.17-0.390.380.27-0.96-0.480.241.0-0.140.330.560.25
1.00.890.470.881.00.860.980.980.990.970.220.730.220.95-0.390.870.89-0.03-0.70.890.270.750.990.81.0
0.730.570.250.610.710.490.670.730.660.780.270.730.270.65-0.20.530.6-0.19-0.30.590.30.470.730.650.74
0.260.19-0.4-0.020.29-0.030.210.030.190.351.00.220.270.17-0.390.380.27-0.96-0.480.241.0-0.140.330.560.25
0.940.810.530.970.940.940.950.950.950.860.170.950.650.17-0.340.790.780.05-0.540.80.230.90.920.640.95
-0.4-0.420.11-0.22-0.41-0.28-0.49-0.32-0.34-0.41-0.39-0.39-0.2-0.39-0.34-0.52-0.440.290.34-0.42-0.43-0.12-0.44-0.5-0.37
0.880.960.370.670.890.680.880.790.860.870.380.870.530.380.79-0.520.97-0.23-0.790.970.440.530.90.920.86
0.890.990.460.680.90.670.870.830.880.890.270.890.60.270.78-0.440.97-0.14-0.781.00.330.530.90.920.88
-0.07-0.050.530.23-0.10.27-0.010.160.0-0.2-0.96-0.03-0.19-0.960.050.29-0.23-0.140.38-0.1-0.950.34-0.14-0.47-0.06
-0.71-0.73-0.16-0.41-0.74-0.42-0.64-0.56-0.72-0.73-0.48-0.7-0.3-0.48-0.540.34-0.79-0.780.38-0.76-0.51-0.26-0.74-0.82-0.69
0.891.00.50.720.90.710.870.840.890.880.240.890.590.240.8-0.420.971.0-0.1-0.760.30.580.90.90.88
0.320.25-0.350.040.340.030.270.080.250.391.00.270.31.00.23-0.430.440.33-0.95-0.510.3-0.080.380.60.31
0.740.610.660.970.720.910.760.820.780.59-0.140.750.47-0.140.9-0.120.530.530.34-0.260.58-0.080.690.290.75
1.00.890.390.841.00.810.980.950.980.980.330.990.730.330.92-0.440.90.9-0.14-0.740.90.380.690.860.99
0.820.870.160.490.830.470.780.690.770.890.560.80.650.560.64-0.50.920.92-0.47-0.820.90.60.290.860.8
1.00.880.460.881.00.860.980.970.990.970.251.00.740.250.95-0.370.860.88-0.06-0.690.880.310.750.990.8
Click cells to compare fundamentals

Dream Industrial Account Relationship Matchups

Dream Industrial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B3.5B6.1B7.3B7.9B8.3B
Short Long Term Debt Total1.0B1.3B2.1B2.4B2.9B1.4B
Other Current Liab11.5M12.6M16.0M24.1M27.5M19.4M
Total Current Liabilities102.4M181.4M134.8M368.8M425.4M446.7M
Total Stockholder Equity1.6B1.9B3.5B4.5B4.6B4.8B
Property Plant And Equipment Net651K673K1.4M6.8B6.9B7.3B
Current Deferred Revenue3.1M5.1M7.6M10.8M11.9M12.5M
Net Debt573.0M1.0B1.9B2.3B2.8B2.9B
Retained Earnings187.4M281.5M746.8M1.3B1.2B1.3B
Accounts Payable26.2M33.6M72.9M58.4M75.8M79.6M
Cash441.5M254.9M164.0M83.8M49.9M97.5M
Non Current Assets Total2.4B3.3B5.9B7.2B7.8B8.2B
Non Currrent Assets Other2.4B3.2B5.7B92.0M7.0B7.3B
Cash And Short Term Investments441.5M254.9M164.0M83.8M49.9M97.5M
Net Receivables7.4M10.0M7.9M27.7M31.7M33.3M
Good Will5.1M5.7M2.9M7.1M7.8M11.1M
Common Stock Shares Outstanding134.2M169.6M216.8M270.7M280.8M147.8M
Liabilities And Stockholders Equity2.9B3.5B6.1B7.3B7.9B8.3B
Non Current Liabilities Total1.2B1.4B2.4B2.5B2.9B1.5B
Other Current Assets(448.9M)(265.0M)(171.9M)4.1M5.9M6.2M
Other Stockholder Equity(1.6B)(1.9B)(3.5B)(4.4B)(1.2B)(1.3B)
Total Liab1.3B1.6B2.6B2.8B3.3B1.7B
Total Current Assets451.4M267.9M176.7M115.5M87.5M116.3M
Short Term Debt61.7M130.2M38.3M275.5M310.3M325.8M
Common Stock1.4B1.6B2.8B3.1B3.3B3.5B
Other Liab277.1M289.1M391.4M308.7M355.0M252.2M
Net Tangible Assets1.6B1.9B3.5B4.5B5.1B5.4B
Other Assets2.7M2.1M40.9M2.9M3.4M3.2M
Long Term Debt952.9M1.1B2.0B2.1B2.5B1.3B
Short Long Term Debt61.7M130.2M38.3M275.5M310.3M163.6M
Accumulated Other Comprehensive Income(435K)17.6M(3.6M)70.9M43.3M45.5M
Property Plant Equipment2.4B3.2B5.7B6.8B7.8B8.2B
Long Term Investments8.0M9.0M139.4M313.5M809.0M849.5M
Non Current Liabilities Other257.3M259.2M344.3M246.4M186.3M251.6M
Net Invested Capital2.6B3.2B5.5B6.9B7.4B4.6B
Net Working Capital349.0M86.5M41.9M(253.3M)(368.5M)(350.1M)
Capital Stock1.4B1.6B2.8B3.1B3.3B2.4B

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

  0.64CMC Cielo Waste SolutionsPairCorr

Moving against Dream Stock

  0.77LQWD LQwD FinTech CorpPairCorr
  0.66MATE Blockmate Ventures Earnings Call This WeekPairCorr
  0.64ERC Eros Resources CorpPairCorr
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 CorrelationCorrelation 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.