DIRTT Other Non Cash Items vs End Period Cash Flow Analysis

DRT Stock

CAD 1.14 0.03 2.70%

DIRTT Environmental financial indicator trend analysis is much more than just examining DIRTT Environmental latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DIRTT Environmental is a good investment. Please check the relationship between DIRTT Environmental Other Non Cash Items and its End Period Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DIRTT Environmental Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Non Cash Items vs End Period Cash Flow

Other Non Cash Items vs End Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DIRTT Environmental Other Non Cash Items account and End Period Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between DIRTT Environmental's Other Non Cash Items and End Period Cash Flow is -0.12. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of DIRTT Environmental Solutions, assuming nothing else is changed. The correlation between historical values of DIRTT Environmental's Other Non Cash Items and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of DIRTT Environmental Solutions are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Other Non Cash Items i.e., DIRTT Environmental's Other Non Cash Items and End Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.12

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Other Non Cash Items

End Period Cash Flow

Most indicators from DIRTT Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DIRTT Environmental 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 DIRTT Environmental Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, DIRTT Environmental's Selling General Administrative is very stable compared to the past year. As of the 30th of January 2025, Enterprise Value is likely to grow to about 211.8 M, while Tax Provision is likely to drop about 283.9 K.

	2022	2023	2024	2025 (projected)
Interest Expense	5.2M	4.9M	5.7M	5.9M
Depreciation And Amortization	19.7M	8.9M	10.3M	15.5M

Interest Expense Depreciation And Amortization

DIRTT Environmental fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.24	0.64	0.69	0.4	0.12	0.39	0.68	-0.79	-0.01	0.05	0.26	0.63	0.84	0.57	0.44	0.09	0.63	0.53	0.62	0.65	0.22	0.75	0.33	-0.08	0.28
Short Long Term Debt Total	0.24		0.04	0.39	-0.77	-0.45	-0.73	0.71	-0.48	0.95	-0.93	0.0	-0.43	0.54	0.7	0.65	0.97	-0.43	-0.09	0.72	0.56	1.0	0.57	0.88	0.18	0.91
Other Current Liab	0.64	0.04		0.82	0.29	-0.15	0.11	0.39	-0.21	-0.05	0.07	0.05	0.25	0.56	0.34	0.23	-0.07	0.25	0.61	0.35	0.35	0.03	0.56	0.24	0.37	0.15
Total Current Liabilities	0.69	0.39	0.82		0.0	-0.11	-0.08	0.52	-0.34	0.27	-0.29	0.35	0.12	0.6	0.51	0.4	0.3	0.12	0.73	0.66	0.73	0.38	0.84	0.52	0.18	0.52
Total Stockholder Equity	0.4	-0.77	0.29	0.0		0.47	0.96	-0.18	-0.11	-0.9	0.91	0.15	0.81	0.06	-0.24	-0.31	-0.84	0.81	0.32	-0.26	-0.12	-0.79	-0.08	-0.57	-0.24	-0.64
Other Liab	0.12	-0.45	-0.15	-0.11	0.47		0.62	-0.45	0.15	-0.57	0.49	0.46	0.62	-0.3	-0.61	-0.68	-0.36	0.62	0.15	-0.38	-0.03	-0.44	-0.04	-0.47	-0.62	-0.47
Net Tangible Assets	0.39	-0.73	0.11	-0.08	0.96	0.62		-0.21	-0.18	-0.88	0.86	0.31	0.85	0.01	-0.29	-0.34	-0.78	0.85	0.29	-0.24	-0.03	-0.74	-0.06	-0.58	-0.42	-0.63
Property Plant And Equipment Net	0.68	0.71	0.39	0.52	-0.18	-0.45	-0.21		-0.84	0.58	-0.51	-0.07	-0.02	0.95	0.94	0.78	0.53	-0.02	0.09	0.89	0.66	0.69	0.72	0.8	0.14	0.75
Current Deferred Revenue	-0.79	-0.48	-0.21	-0.34	-0.11	0.15	-0.18	-0.84		-0.27	0.22	-0.17	-0.35	-0.87	-0.74	-0.65	-0.3	-0.35	-0.14	-0.74	-0.68	-0.45	-0.6	-0.5	0.11	-0.45
Net Debt	-0.01	0.95	-0.05	0.27	-0.9	-0.57	-0.88	0.58	-0.27		-0.98	-0.12	-0.67	0.37	0.61	0.6	0.94	-0.67	-0.16	0.6	0.4	0.96	0.42	0.82	0.26	0.86
Retained Earnings	0.05	-0.93	0.07	-0.29	0.91	0.49	0.86	-0.51	0.22	-0.98		-0.03	0.66	-0.3	-0.55	-0.55	-0.93	0.66	0.16	-0.61	-0.47	-0.94	-0.44	-0.81	-0.2	-0.86
Accounts Payable	0.26	0.0	0.05	0.35	0.15	0.46	0.31	-0.07	-0.17	-0.12	-0.03		0.32	-0.01	-0.15	-0.15	0.04	0.32	0.34	0.22	0.6	0.0	0.42	0.11	-0.27	0.11
Cash	0.63	-0.43	0.25	0.12	0.81	0.62	0.85	-0.02	-0.35	-0.67	0.66	0.32		0.22	-0.16	-0.22	-0.46	1.0	0.27	-0.08	0.12	-0.44	0.1	-0.34	-0.34	-0.39
Non Current Assets Total	0.84	0.54	0.56	0.6	0.06	-0.3	0.01	0.95	-0.87	0.37	-0.3	-0.01	0.22		0.86	0.71	0.35	0.22	0.23	0.83	0.65	0.52	0.77	0.66	0.12	0.58
Non Currrent Assets Other	0.57	0.7	0.34	0.51	-0.24	-0.61	-0.29	0.94	-0.74	0.61	-0.55	-0.15	-0.16	0.86		0.9	0.52	-0.16	0.15	0.88	0.61	0.68	0.68	0.78	0.14	0.76
Other Assets	0.44	0.65	0.23	0.4	-0.31	-0.68	-0.34	0.78	-0.65	0.6	-0.55	-0.15	-0.22	0.71	0.9		0.48	-0.22	0.09	0.81	0.56	0.64	0.55	0.63	0.13	0.61
Long Term Debt	0.09	0.97	-0.07	0.3	-0.84	-0.36	-0.78	0.53	-0.3	0.94	-0.93	0.04	-0.46	0.35	0.52	0.48		-0.46	-0.15	0.57	0.44	0.97	0.46	0.82	0.17	0.87
Cash And Short Term Investments	0.63	-0.43	0.25	0.12	0.81	0.62	0.85	-0.02	-0.35	-0.67	0.66	0.32	1.0	0.22	-0.16	-0.22	-0.46		0.27	-0.08	0.12	-0.44	0.1	-0.34	-0.34	-0.39
Net Receivables	0.53	-0.09	0.61	0.73	0.32	0.15	0.29	0.09	-0.14	-0.16	0.16	0.34	0.27	0.23	0.15	0.09	-0.15	0.27		0.2	0.42	-0.09	0.51	-0.06	0.0	0.0
Common Stock Total Equity	0.62	0.72	0.35	0.66	-0.26	-0.38	-0.24	0.89	-0.74	0.6	-0.61	0.22	-0.08	0.83	0.88	0.81	0.57	-0.08	0.2		0.87	0.71	0.82	0.81	0.03	0.81
Common Stock Shares Outstanding	0.65	0.56	0.35	0.73	-0.12	-0.03	-0.03	0.66	-0.68	0.4	-0.47	0.6	0.12	0.65	0.61	0.56	0.44	0.12	0.42	0.87		0.55	0.85	0.64	-0.19	0.64
Non Current Liabilities Total	0.22	1.0	0.03	0.38	-0.79	-0.44	-0.74	0.69	-0.45	0.96	-0.94	0.0	-0.44	0.52	0.68	0.64	0.97	-0.44	-0.09	0.71	0.55		0.55	0.87	0.17	0.91
Inventory	0.75	0.57	0.56	0.84	-0.08	-0.04	-0.06	0.72	-0.6	0.42	-0.44	0.42	0.1	0.77	0.68	0.55	0.46	0.1	0.51	0.82	0.85	0.55		0.69	-0.05	0.65
Other Current Assets	0.33	0.88	0.24	0.52	-0.57	-0.47	-0.58	0.8	-0.5	0.82	-0.81	0.11	-0.34	0.66	0.78	0.63	0.82	-0.34	-0.06	0.81	0.64	0.87	0.69		0.15	0.95
Other Stockholder Equity	-0.08	0.18	0.37	0.18	-0.24	-0.62	-0.42	0.14	0.11	0.26	-0.2	-0.27	-0.34	0.12	0.14	0.13	0.17	-0.34	0.0	0.03	-0.19	0.17	-0.05	0.15		0.19
Total Liab	0.28	0.91	0.15	0.52	-0.64	-0.47	-0.63	0.75	-0.45	0.86	-0.86	0.11	-0.39	0.58	0.76	0.61	0.87	-0.39	0.0	0.81	0.64	0.91	0.65	0.95	0.19

Click cells to compare fundamentals

DIRTT Environmental Account Relationship Matchups

DIRTT Environmental fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	183.1M	199.4M	143.7M	124.3M	143.0M	173.3M
Short Long Term Debt Total	41.3M	104.1M	98.9M	89.7M	103.2M	108.4M
Other Current Liab	18.2M	17.3M	12.9M	9.5M	10.9M	16.0M
Total Current Liabilities	31.3M	37.1M	36.0M	33.7M	38.8M	36.6M
Total Stockholder Equity	116.5M	67.8M	18.0M	7.1M	6.4M	6.1M
Net Tangible Assets	115.4M	106.7M	60.4M	13.6M	12.2M	11.6M
Property Plant And Equipment Net	83.5M	82.6M	72.0M	54.9M	63.1M	57.5M
Current Deferred Revenue	1.8M	2.4M	4.9M	5.3M	4.8M	3.9M
Net Debt	(4.6M)	43.8M	88.0M	65.0M	74.8M	78.5M
Retained Earnings	(57.3M)	(111.3M)	(166.3M)	(180.9M)	(162.8M)	(154.6M)
Accounts Payable	4.9M	7.8M	8.9M	12.4M	11.1M	7.8M
Cash	45.8M	60.3M	10.8M	24.7M	22.3M	36.9M
Non Current Assets Total	98.3M	95.6M	81.5M	60.8M	69.9M	75.9M
Non Currrent Assets Other	5.0M	5.7M	5.1M	3.5M	4.0M	3.0M
Other Assets	10.9M	5.0M	5.7M	5.1M	5.9M	6.2M
Long Term Debt	5.1M	67.3M	62.1M	55.3M	63.6M	66.7M
Cash And Short Term Investments	45.8M	60.3M	10.8M	24.7M	22.3M	36.9M
Net Receivables	19.0M	17.5M	21.8M	16.3M	18.7M	24.0M
Common Stock Shares Outstanding	84.7M	85.0M	87.7M	102.0M	117.3M	89.6M
Liabilities And Stockholders Equity	183.1M	199.4M	143.7M	124.3M	143.0M	173.3M
Non Current Liabilities Total	35.3M	94.6M	89.7M	83.5M	96.0M	100.8M
Inventory	16.0M	18.5M	22.3M	16.6M	19.1M	18.4M
Other Current Assets	4.1M	7.5M	7.2M	5.9M	6.8M	4.3M
Other Stockholder Equity	10.2M	13.2M	9.0M	8.0M	9.1M	9.6M
Total Liab	66.6M	131.7M	125.7M	117.2M	134.8M	73.4M
Property Plant And Equipment Gross	83.5M	191.8M	181.4M	170.0M	195.5M	205.2M
Total Current Assets	84.8M	103.8M	62.1M	63.5M	57.2M	70.8M
Accumulated Other Comprehensive Income	(17.0M)	(15.9M)	(16.1M)	(16.1M)	(14.5M)	(13.8M)
Short Term Debt	6.4M	9.5M	9.3M	6.3M	7.2M	4.3M
Intangible Assets	8.3M	7.4M	4.4M	2.5M	2.2M	2.1M
Property Plant Equipment	62.0M	83.5M	82.6M	72.0M	82.8M	60.9M
Long Term Debt Total	3.1M	35K	5.1M	67.3M	77.4M	81.3M
Capital Surpluse	6.6M	8.3M	10.2M	13.2M	15.2M	10.2M

Pair Trading with DIRTT Environmental

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 DIRTT Environmental 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 DIRTT Environmental will appreciate offsetting losses from the drop in the long position's value.

Moving against DIRTT Stock

0.51	NRR-UN	Northview Residential	Pair Corr
0.42	WCM-A	Wilmington Capital	Pair Corr

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

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

Balance Sheet is a snapshot of the financial position of DIRTT Environmental at a specified time, usually calculated after every quarter, six months, or one year. DIRTT Environmental Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DIRTT Environmental 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 DIRTT 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

DIRTT Other Non Cash Items vs End Period Cash Flow Analysis

Other Non Cash Items vs End Period Cash Flow

Other Non Cash Items vs End Period Cash Flow Correlation Analysis

Correlation Coefficient

Other Non Cash Items

End Period Cash Flow

DIRTT Environmental fundamental ratios Correlations

DIRTT Environmental Account Relationship Matchups

High Positive Relationship

High Negative Relationship

DIRTT Environmental fundamental ratios Accounts

Pair Trading with DIRTT Environmental

Moving against DIRTT Stock

Other Information on Investing in DIRTT Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Long Term Debt	+ 0.97	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.97	Long Term Debt
Net Tangible Assets	+ 0.96	Total Stockholder Equity
Non Current Liabilities Total	+ 0.96	Net Debt

Retained Earnings	- 0.98	Net Debt
Non Current Liabilities Total	- 0.94	Retained Earnings
Long Term Debt	- 0.93	Retained Earnings
Retained Earnings	- 0.93	Short Long Term Debt Total
Net Debt	- 0.9	Total Stockholder Equity
Net Debt	- 0.88	Net Tangible Assets