DRI Other Assets vs Retained Earnings Analysis
DHT-U Stock | USD 10.80 0.21 1.91% |
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 Other Assets and its Retained Earnings 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.
Other Assets vs Retained Earnings
Other Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DRI Healthcare Trust Other Assets account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between DRI Healthcare's Other Assets and Retained Earnings is 0.5. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Retained Earnings 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 Other Assets and Retained Earnings 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 Assets of DRI Healthcare Trust are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Other Assets i.e., DRI Healthcare's Other Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Assets
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for DRI Stock analysis
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.
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
CEOs Directory Screen CEOs from public companies around the world | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Fundamental Analysis View fundamental data based on most recent published financial statements |