DRI Invested Capital vs Ptb Ratio Analysis
| DHT-U Stock | USD 11.01 0.17 1.52% |
DRI Healthcare financial indicator trend analysis is much more than just examining DRI Healthcare Trust latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DRI Healthcare Trust is a good investment. Please check the relationship between DRI Healthcare Invested Capital and its Ptb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DRI Healthcare Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
Invested Capital vs Ptb Ratio
Invested Capital vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DRI Healthcare Trust Invested Capital account and Ptb Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between DRI Healthcare's Invested Capital and Ptb Ratio is 0.6. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of DRI Healthcare Trust, assuming nothing else is changed. The correlation between historical values of DRI Healthcare's Invested Capital and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of DRI Healthcare Trust are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Invested Capital i.e., DRI Healthcare's Invested Capital and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.6 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to DRI Healthcare Trust. There are two different methods for calculating DRI Healthcare Trust invested capital: operating approach and financing approach. Understanding DRI Healthcare invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most indicators from DRI Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DRI Healthcare Trust 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 DRI Healthcare Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. At this time, DRI Healthcare's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 3.04 in 2024, whereas Selling General Administrative is likely to drop slightly above 18.4 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Income Before Tax | 21.6M | 11.6M | 92.3M | 96.9M | Reconciled Depreciation | 41.8M | 59.3M | 87.1M | 69.0M |
DRI Healthcare fundamental ratios Correlations
Click cells to compare fundamentals
DRI Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running DRI Healthcare's price analysis, check to measure DRI Healthcare'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 DRI Healthcare is operating at the current time. Most of DRI Healthcare's value examination focuses on studying past and present price action to predict the probability of DRI Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DRI Healthcare's price. Additionally, you may evaluate how the addition of DRI Healthcare to your portfolios can decrease your overall portfolio volatility.
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