Daxor Long Term Investments vs Short Term Debt Analysis

DXR Stock

USD 9.89 0.61 6.57%

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

To learn how to invest in Daxor Stock, please use our How to Invest in Daxor guide.

Long Term Investments vs Short Term Debt

Long Term Investments vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Daxor Long Term Investments account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Daxor's Long Term Investments and Short Term Debt is 0.55. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Daxor, assuming nothing else is changed. The correlation between historical values of Daxor's Long Term Investments and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Daxor are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Long Term Investments i.e., Daxor's Long Term Investments and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of Daxor balance sheet that represents investments Daxor intends to hold for over a year. Daxor long term investments may include different instruments such as stocks, bonds, real estate and cash.

Short Term Debt

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

To learn how to invest in Daxor Stock, please use our How to Invest in Daxor guide.At this time, Daxor's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 11/26/2024, Enterprise Value Over EBITDA is likely to grow to 143.98, while Selling General Administrative is likely to drop slightly above 292 K.

	2021	2022	2023	2024 (projected)
Research Development	1.82	14.65	0.01	0.0095
Cost Of Revenue	1.0M	1.1M	177.1K	168.2K

Research Development Cost Of Revenue

Daxor fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Short Term Investments	Other Current Assets	Treasury Stock
Total Assets		0.66	0.85	0.25	0.68	0.49	-0.21	0.28	-0.93	0.76	-0.21	0.73	0.13	0.26	0.55	0.87	0.68	0.73	0.73	0.51	0.25	0.13	0.13	0.21	0.77	-0.03
Short Long Term Debt Total	0.66		0.42	0.0	0.89	-0.05	0.05	0.61	-0.71	0.11	0.05	0.27	0.01	0.85	0.47	0.76	0.23	0.26	0.25	0.01	-0.01	0.55	0.55	-0.19	0.37	-0.34
Total Stockholder Equity	0.85	0.42		0.39	0.52	0.73	-0.3	0.48	-0.88	0.62	-0.3	0.42	0.24	0.12	0.42	0.51	0.35	0.43	0.42	0.27	0.4	-0.03	-0.03	0.52	0.43	0.13
Property Plant And Equipment Net	0.25	0.0	0.39		0.44	0.55	-0.96	0.41	-0.49	0.19	-0.96	0.03	-0.63	-0.04	-0.13	0.04	-0.16	0.05	0.04	-0.35	1.0	0.08	0.08	0.8	0.06	-0.59
Net Debt	0.68	0.89	0.52	0.44		0.22	-0.4	0.72	-0.83	0.17	-0.4	0.26	-0.28	0.73	0.31	0.7	0.14	0.26	0.25	-0.14	0.43	0.49	0.49	0.15	0.36	-0.59
Retained Earnings	0.49	-0.05	0.73	0.55	0.22		-0.59	0.24	-0.57	0.53	-0.59	0.37	0.08	-0.33	-0.13	0.21	0.26	0.38	0.38	0.21	0.55	-0.37	-0.37	0.59	0.31	0.04
Cash	-0.21	0.05	-0.3	-0.96	-0.4	-0.59		-0.29	0.42	-0.21	1.0	-0.14	0.65	0.13	0.27	-0.08	0.05	-0.15	-0.14	0.26	-0.96	0.02	0.02	-0.68	-0.15	0.61
Non Current Assets Total	0.28	0.61	0.48	0.41	0.72	0.24	-0.29		-0.57	-0.27	-0.29	-0.35	-0.1	0.69	0.14	0.12	-0.45	-0.35	-0.36	-0.61	0.41	0.42	0.42	0.33	-0.26	-0.38
Non Currrent Assets Other	-0.93	-0.71	-0.88	-0.49	-0.83	-0.57	0.42	-0.57		-0.57	0.42	-0.52	0.03	-0.39	-0.43	-0.76	-0.41	-0.52	-0.51	-0.2	-0.49	-0.23	-0.23	-0.39	-0.58	0.24
Other Assets	0.76	0.11	0.62	0.19	0.17	0.53	-0.21	-0.27	-0.57		-0.21	0.89	0.26	-0.3	0.43	0.66	0.86	0.89	0.89	0.81	0.2	-0.21	-0.21	0.34	0.85	0.2
Cash And Short Term Investments	-0.21	0.05	-0.3	-0.96	-0.4	-0.59	1.0	-0.29	0.42	-0.21		-0.14	0.65	0.13	0.27	-0.08	0.05	-0.15	-0.14	0.26	-0.96	0.02	0.02	-0.68	-0.15	0.61
Net Receivables	0.73	0.27	0.42	0.03	0.26	0.37	-0.14	-0.35	-0.52	0.89	-0.14		0.16	-0.19	0.3	0.83	0.98	1.0	1.0	0.84	0.03	-0.13	-0.13	-0.05	0.99	0.04
Common Stock Shares Outstanding	0.13	0.01	0.24	-0.63	-0.28	0.08	0.65	-0.1	0.03	0.26	0.65	0.16		-0.09	0.31	0.1	0.29	0.16	0.16	0.46	-0.63	-0.18	-0.18	-0.17	0.12	0.75
Non Current Liabilities Total	0.26	0.85	0.12	-0.04	0.73	-0.33	0.13	0.69	-0.39	-0.3	0.13	-0.19	-0.09		0.26	0.36	-0.21	-0.2	-0.21	-0.36	-0.04	0.75	0.75	-0.19	-0.08	-0.35
Other Stockholder Equity	0.55	0.47	0.42	-0.13	0.31	-0.13	0.27	0.14	-0.43	0.43	0.27	0.3	0.31	0.26		0.48	0.34	0.29	0.29	0.31	-0.13	0.04	0.04	0.11	0.35	0.06
Total Liab	0.87	0.76	0.51	0.04	0.7	0.21	-0.08	0.12	-0.76	0.66	-0.08	0.83	0.1	0.36	0.48		0.79	0.82	0.82	0.56	0.03	0.25	0.25	-0.14	0.89	-0.2
Total Current Assets	0.68	0.23	0.35	-0.16	0.14	0.26	0.05	-0.45	-0.41	0.86	0.05	0.98	0.29	-0.21	0.34	0.79		0.98	0.98	0.91	-0.16	-0.15	-0.15	-0.17	0.96	0.18
Other Current Liab	0.73	0.26	0.43	0.05	0.26	0.38	-0.15	-0.35	-0.52	0.89	-0.15	1.0	0.16	-0.2	0.29	0.82	0.98		1.0	0.84	0.04	-0.13	-0.13	-0.03	0.98	0.04
Total Current Liabilities	0.73	0.25	0.42	0.04	0.25	0.38	-0.14	-0.36	-0.51	0.89	-0.14	1.0	0.16	-0.21	0.29	0.82	0.98	1.0		0.85	0.04	-0.14	-0.14	-0.04	0.98	0.05
Accounts Payable	0.51	0.01	0.27	-0.35	-0.14	0.21	0.26	-0.61	-0.2	0.81	0.26	0.84	0.46	-0.36	0.31	0.56	0.91	0.84	0.85		-0.35	-0.34	-0.34	-0.19	0.77	0.5
Property Plant And Equipment Gross	0.25	-0.01	0.4	1.0	0.43	0.55	-0.96	0.41	-0.49	0.2	-0.96	0.03	-0.63	-0.04	-0.13	0.03	-0.16	0.04	0.04	-0.35		0.08	0.08	0.8	0.05	-0.58
Common Stock Total Equity	0.13	0.55	-0.03	0.08	0.49	-0.37	0.02	0.42	-0.23	-0.21	0.02	-0.13	-0.18	0.75	0.04	0.25	-0.15	-0.13	-0.14	-0.34	0.08		1.0	-0.07	-0.01	-0.35
Common Stock	0.13	0.55	-0.03	0.08	0.49	-0.37	0.02	0.42	-0.23	-0.21	0.02	-0.13	-0.18	0.75	0.04	0.25	-0.15	-0.13	-0.14	-0.34	0.08	1.0		-0.07	-0.01	-0.35
Short Term Investments	0.21	-0.19	0.52	0.8	0.15	0.59	-0.68	0.33	-0.39	0.34	-0.68	-0.05	-0.17	-0.19	0.11	-0.14	-0.17	-0.03	-0.04	-0.19	0.8	-0.07	-0.07		-0.07	-0.14
Other Current Assets	0.77	0.37	0.43	0.06	0.36	0.31	-0.15	-0.26	-0.58	0.85	-0.15	0.99	0.12	-0.08	0.35	0.89	0.96	0.98	0.98	0.77	0.05	-0.01	-0.01	-0.07		-0.05
Treasury Stock	-0.03	-0.34	0.13	-0.59	-0.59	0.04	0.61	-0.38	0.24	0.2	0.61	0.04	0.75	-0.35	0.06	-0.2	0.18	0.04	0.05	0.5	-0.58	-0.35	-0.35	-0.14	-0.05

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Daxor Account Relationship Matchups

Daxor fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.2M	16.6M	25.0M	30.3M	34.9M	46.0M
Short Long Term Debt Total	1.3M	170.7K	3.0M	1.2M	755.7K	717.9K
Total Stockholder Equity	12.8M	15.7M	21.2M	29.0M	34.0M	31.3M
Net Debt	1.3M	(447.1K)	2.3M	1.2M	755.7K	717.9K
Retained Earnings	16.6M	14.9M	19.6M	24.8M	25.1M	18.0M
Non Current Assets Total	14.0M	15.7M	24.2M	30.2M	34.8M	17.7M
Non Currrent Assets Other	(14.0M)	(15.7M)	(24.2M)	(30.2M)	(34.8M)	(36.6M)
Other Assets	198.5K	851.7K	733.8K	20.6K	34.9M	26.2M
Net Receivables	32.7K	29.3K	30.7K	17.2K	14.2K	13.5K
Common Stock Shares Outstanding	3.7M	3.9M	4.0M	4.1M	4.6M	3.7M
Liabilities And Stockholders Equity	14.2M	16.6M	25.0M	30.3M	34.9M	46.0M
Non Current Liabilities Total	1.3M	170.7K	3.0M	1.3M	755.7K	717.9K
Other Stockholder Equity	(20.4M)	(14.1M)	(18.1M)	(20.7M)	8.9M	7.6M
Total Liab	1.4M	877.7K	3.8M	1.3M	858.8K	815.8K
Total Current Assets	32.7K	29.3K	30.7K	17.2K	25.9K	24.6K
Other Current Liab	(78.8K)	(80K)	(87.4K)	(62.4K)	(103.1K)	(97.9K)
Total Current Liabilities	78.8K	80K	87.4K	62.4K	103.1K	97.9K
Accounts Payable	78.8K	80K	87.4K	62.4K	103.1K	146.9K
Short Term Debt	4.5M	1.3M	627K	715.8K	823.2K	782.0K
Net Tangible Assets	12.8M	15.7M	21.2M	29.0M	26.1M	19.4M
Capital Surpluse	10.8M	10.9M	11.1M	11.4M	13.2M	12.0M
Long Term Investments	14.0M	15.7M	24.2M	30.2M	34.8M	25.9M
Net Invested Capital	14.1M	15.8M	24.2M	30.2M	34.8M	24.3M

Pair Trading with Daxor

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

Moving against Daxor Stock

0.34	IVP	Inspire Veterinary	Pair Corr
0.32	FORA	Forian Inc	Pair Corr

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

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

Additional Tools for Daxor Stock Analysis

When running Daxor's price analysis, check to measure Daxor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Daxor is operating at the current time. Most of Daxor's value examination focuses on studying past and present price action to predict the probability of Daxor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daxor's price. Additionally, you may evaluate how the addition of Daxor to your portfolios can decrease your overall portfolio volatility.

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