Medical Days Sales Outstanding vs Dividend Yield Analysis

DR Stock  CAD 15.87  0.43  2.78%   
Medical Facilities financial indicator trend analysis is infinitely more than just investigating Medical Facilities recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Medical Facilities is a good investment. Please check the relationship between Medical Facilities Days Sales Outstanding and its Dividend Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Medical Facilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Days Sales Outstanding vs Dividend Yield

Days Sales Outstanding vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Medical Facilities Days Sales Outstanding account and Dividend Yield. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Medical Facilities' Days Sales Outstanding and Dividend Yield is 0.16. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Medical Facilities, assuming nothing else is changed. The correlation between historical values of Medical Facilities' Days Sales Outstanding and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Medical Facilities are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Days Sales Outstanding i.e., Medical Facilities' Days Sales Outstanding and Dividend Yield go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Days Sales Outstanding

Dividend Yield

Dividend Yield is Medical Facilities dividend as a percentage of Medical Facilities stock price. Medical Facilities dividend yield is a measure of Medical Facilities stock productivity, which can be interpreted as interest rate earned on an Medical Facilities investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Medical Facilities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Medical Facilities 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 Medical Facilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Medical Facilities' Enterprise Value Over EBITDA is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Multiple is likely to grow to 5.56, while Selling General Administrative is likely to drop about 127.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit268.6M280.6M296.7M218.9M
Total Revenue398.6M424.6M445.6M314.2M

Medical Facilities fundamental ratios Correlations

0.560.510.730.70.590.11-0.80.710.710.950.10.720.780.820.750.60.690.580.340.840.240.90.58-0.010.86
0.560.540.60.010.650.68-0.310.630.390.45-0.080.290.640.640.160.250.620.480.550.750.380.630.45-0.310.23
0.510.540.580.240.60.29-0.340.540.560.38-0.180.460.470.450.220.110.560.510.30.550.10.620.32-0.150.32
0.730.60.580.20.760.35-0.670.830.530.63-0.160.460.860.810.610.20.480.760.260.850.470.750.8-0.280.57
0.70.010.240.20.01-0.47-0.540.230.640.690.370.780.380.350.590.710.220.1-0.020.21-0.290.60.250.390.77
0.590.650.60.760.010.47-0.680.880.460.4-0.240.270.710.840.590.180.70.90.570.830.740.760.28-0.70.5
0.110.680.290.35-0.470.470.060.21-0.310.1-0.1-0.430.270.28-0.2-0.240.540.160.70.520.260.110.35-0.25-0.23
-0.8-0.31-0.34-0.67-0.54-0.680.06-0.76-0.59-0.690.18-0.57-0.78-0.82-0.97-0.53-0.5-0.72-0.26-0.73-0.55-0.83-0.350.38-0.95
0.710.630.540.830.230.880.21-0.760.670.52-0.320.550.80.890.720.390.580.910.370.790.640.860.4-0.510.65
0.710.390.560.530.640.46-0.31-0.590.670.560.080.960.50.560.560.610.290.59-0.020.470.210.810.23-0.160.67
0.950.450.380.630.690.40.1-0.690.520.560.170.620.690.710.650.490.650.40.220.770.10.730.610.180.78
0.1-0.08-0.18-0.160.37-0.24-0.10.18-0.320.080.170.15-0.11-0.05-0.10.11-0.1-0.28-0.04-0.14-0.4-0.020.060.320.01
0.720.290.460.460.780.27-0.43-0.570.550.960.620.150.480.50.570.680.20.44-0.120.380.020.760.290.060.71
0.780.640.470.860.380.710.27-0.780.80.50.69-0.110.480.910.720.380.530.740.270.810.450.80.67-0.260.72
0.820.640.450.810.350.840.28-0.820.890.560.71-0.050.50.910.780.360.680.850.360.870.570.850.48-0.390.74
0.750.160.220.610.590.59-0.2-0.970.720.560.65-0.10.570.720.780.510.40.670.160.610.470.770.32-0.290.94
0.60.250.110.20.710.18-0.24-0.530.390.610.490.110.680.380.360.510.20.180.290.26-0.060.650.140.040.67
0.690.620.560.480.220.70.54-0.50.580.290.65-0.10.20.530.680.40.20.520.630.790.310.630.21-0.160.44
0.580.480.510.760.10.90.16-0.720.910.590.4-0.280.440.740.850.670.180.520.240.730.770.740.26-0.670.57
0.340.550.30.26-0.020.570.7-0.260.37-0.020.22-0.04-0.120.270.360.160.290.630.240.50.260.460.14-0.320.18
0.840.750.550.850.210.830.52-0.730.790.470.77-0.140.380.810.870.610.260.790.730.50.580.790.58-0.370.62
0.240.380.10.47-0.290.740.26-0.550.640.210.1-0.40.020.450.570.47-0.060.310.770.260.580.40.01-0.890.3
0.90.630.620.750.60.760.11-0.830.860.810.73-0.020.760.80.850.770.650.630.740.460.790.40.44-0.30.84
0.580.450.320.80.250.280.35-0.350.40.230.610.060.290.670.480.320.140.210.260.140.580.010.440.210.35
-0.01-0.31-0.15-0.280.39-0.7-0.250.38-0.51-0.160.180.320.06-0.26-0.39-0.290.04-0.16-0.67-0.32-0.37-0.89-0.30.21-0.14
0.860.230.320.570.770.5-0.23-0.950.650.670.780.010.710.720.740.940.670.440.570.180.620.30.840.35-0.14
Click cells to compare fundamentals

Medical Facilities Account Relationship Matchups

Medical Facilities fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets470.5M457.0M447.0M377.8M354.9M422.6M
Short Long Term Debt Total240.8M196.0M186.5M180.3M116.8M189.8M
Other Current Liab28.2M45.8M26.9M28.2M2.1M2.0M
Total Current Liabilities85.3M101.6M81.5M86.8M83.0M62.5M
Total Stockholder Equity125.0M127.5M134.1M79.1M86.0M112.4M
Property Plant And Equipment Net145.7M137.9M132.8M124.7M120.2M85.8M
Net Debt186.8M95.8M79.9M108.0M92.7M94.3M
Retained Earnings(274.5M)(272.1M)(263.8M)(275.3M)(262.8M)(276.0M)
Accounts Payable23.6M24.5M23.9M26.4M23.2M16.4M
Cash32.0M66.2M61.0M34.9M24.1M37.6M
Non Current Assets Total313.7M310.4M298.1M258.5M252.1M309.1M
Non Currrent Assets Other1.6M14.5M14.5M(258.4M)70K73.5K
Cash And Short Term Investments32.0M66.2M61.0M34.9M24.1M42.0M
Net Receivables66.9M64.2M67.5M64.6M62.5M58.5M
Good Will125.2M159.9M136.0M120.6M138.7M117.2M
Common Stock Shares Outstanding37.0M31.1M31.1M29.4M25.3M33.9M
Liabilities And Stockholders Equity470.5M457.0M447.0M377.8M354.9M409.8M
Non Current Liabilities Total211.9M180.2M185.8M176.3M153.6M148.4M
Inventory7.5M9.3M10.6M9.2M9.0M6.4M
Other Current Assets50.5M6.9M9.7M10.5M7.1M8.5M
Total Liab297.2M281.8M267.3M263.1M236.6M266.6M
Property Plant And Equipment Gross145.7M137.9M225.3M226.7M220.0M231.0M
Total Current Assets156.8M146.6M148.9M119.3M102.8M113.5M
Short Term Debt33.5M28.0M14.8M19.9M23.5M22.4M
Intangible Assets30.3M21.7M14.4M13.1M11.3M10.7M
Other Stockholder Equity1.4M1.6M1.9M1.2M716K680.2K
Other Assets143K13.7M13.8M20K18K17.1K
Other Liab26.6M46.3M59.7M53.2M47.9M53.1M
Net Tangible Assets(41.3M)(30.1M)(16.3M)(54.6M)(62.8M)(65.9M)
Long Term Debt155.3M112.8M119.9M113.2M54.7M98.4M
Short Long Term Debt18.1M19.0M5.3M9.7M14.4M22.0M
Property Plant Equipment145.7M137.9M132.8M124.7M143.4M113.9M
Long Term Debt Total207.3M167.9M171.7M160.4M184.5M188.9M
Capital Surpluse1.4M1.6M1.9M1.2M1.4M1.2M

Pair Trading with Medical Facilities

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 Medical Facilities 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 Medical Facilities will appreciate offsetting losses from the drop in the long position's value.

Moving together with Medical Stock

  0.86JPM JPMorgan ChasePairCorr
  0.9BOFA Bank of AmericaPairCorr
  0.66GOOG Alphabet CDRPairCorr

Moving against Medical Stock

  0.73PFE Pfizer Inc CDRPairCorr
The ability to find closely correlated positions to Medical Facilities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Medical Facilities 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 Medical Facilities - 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 Medical Facilities to buy it.
The correlation of Medical Facilities 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 Medical Facilities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Medical Facilities 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 Medical Facilities 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 Medical Stock

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