DRI Total Current Assets vs Net Invested Capital Analysis
| DHT-U Stock | USD 11.30 0.50 4.63% |
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 Total Current Assets and its Net Invested Capital 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 closely tied with the direction of predictive economic indicators such as signals in employment.
Total Current Assets vs Net Invested Capital
Total Current Assets vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DRI Healthcare Trust Total Current Assets account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between DRI Healthcare's Total Current Assets and Net Invested Capital is 0.71. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Invested Capital 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 Total Current Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of DRI Healthcare Trust are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Current Assets i.e., DRI Healthcare's Total Current Assets and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.71 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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 closely tied 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.