DiaMedica Net Income vs Ebit Analysis

DMAC Stock  USD 2.57  0.04  1.58%   
DiaMedica Therapeutics financial indicator trend analysis is much more than just examining DiaMedica Therapeutics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DiaMedica Therapeutics is a good investment. Please check the relationship between DiaMedica Therapeutics Net Income and its Ebit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DiaMedica Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade DiaMedica Stock refer to our How to Trade DiaMedica Stock guide.

Net Income vs Ebit

Net Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DiaMedica Therapeutics Net Income account and Ebit. At this time, the significance of the direction appears to have totally related.
The correlation between DiaMedica Therapeutics' Net Income and Ebit is 1.0. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Ebit in the same time period over historical financial statements of DiaMedica Therapeutics, assuming nothing else is changed. The correlation between historical values of DiaMedica Therapeutics' Net Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of DiaMedica Therapeutics are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Income i.e., DiaMedica Therapeutics' Net Income and Ebit go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in DiaMedica Therapeutics financial statement analysis. It represents the amount of money remaining after all of DiaMedica Therapeutics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Ebit

Most indicators from DiaMedica Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DiaMedica Therapeutics 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 DiaMedica Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade DiaMedica Stock refer to our How to Trade DiaMedica Stock guide.At present, DiaMedica Therapeutics' Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2023 2024 (projected)
Reconciled Depreciation28K21.7K
Interest Income44.9K47.1K

DiaMedica Therapeutics fundamental ratios Correlations

0.640.820.781.00.83-0.36-0.920.180.34-0.06-0.381.00.340.960.970.780.881.00.430.750.990.830.920.79-0.22
0.640.710.680.630.91-0.04-0.690.210.06-0.090.110.640.20.760.680.730.880.640.630.560.710.860.650.630.23
0.820.710.880.810.87-0.22-0.860.110.21-0.19-0.080.820.390.870.890.880.890.830.40.750.820.890.780.760.02
0.780.680.880.760.8-0.15-0.790.540.14-0.3-0.030.790.230.810.840.990.820.790.470.710.780.810.720.710.11
1.00.630.810.760.82-0.36-0.920.160.35-0.05-0.391.00.340.960.970.770.871.00.420.750.990.830.920.79-0.24
0.830.910.870.80.82-0.21-0.890.150.21-0.090.040.830.350.930.880.850.990.830.480.760.870.980.830.750.02
-0.36-0.04-0.22-0.15-0.36-0.210.270.04-1.00.030.06-0.35-0.72-0.25-0.32-0.13-0.2-0.360.07-0.56-0.35-0.16-0.47-0.190.47
-0.92-0.69-0.86-0.79-0.92-0.890.27-0.18-0.270.20.25-0.93-0.34-0.97-0.96-0.82-0.92-0.93-0.26-0.73-0.93-0.88-0.9-0.810.24
0.180.210.110.540.160.150.04-0.18-0.03-0.240.060.19-0.220.160.210.510.150.190.150.140.190.110.140.150.26
0.340.060.210.140.350.21-1.0-0.27-0.03-0.03-0.060.330.710.240.310.120.190.34-0.060.540.350.150.470.18-0.46
-0.06-0.09-0.19-0.3-0.05-0.090.030.2-0.24-0.030.21-0.11-0.15-0.14-0.11-0.29-0.09-0.11-0.2-0.04-0.13-0.06-0.2-0.10.34
-0.380.11-0.08-0.03-0.390.040.060.250.06-0.060.21-0.390.07-0.24-0.30.0-0.03-0.39-0.080.09-0.380.04-0.310.010.36
1.00.640.820.791.00.83-0.35-0.930.190.33-0.11-0.390.330.960.970.790.881.00.440.750.990.830.920.79-0.23
0.340.20.390.230.340.35-0.72-0.34-0.220.71-0.150.070.330.350.370.230.340.340.160.480.320.330.540.37-0.48
0.960.760.870.810.960.93-0.25-0.970.160.24-0.14-0.240.960.350.980.840.960.960.440.750.970.930.930.83-0.18
0.970.680.890.840.970.88-0.32-0.960.210.31-0.11-0.30.970.370.980.850.920.970.360.760.970.880.930.79-0.16
0.780.730.880.990.770.85-0.13-0.820.510.12-0.290.00.790.230.840.850.870.790.460.720.790.860.730.720.15
0.880.880.890.820.870.99-0.2-0.920.150.19-0.09-0.030.880.340.960.920.870.880.490.780.910.990.850.81-0.01
1.00.640.830.791.00.83-0.36-0.930.190.34-0.11-0.391.00.340.960.970.790.880.440.750.990.830.920.79-0.24
0.430.630.40.470.420.480.07-0.260.15-0.06-0.2-0.080.440.160.440.360.460.490.440.210.460.460.430.360.09
0.750.560.750.710.750.76-0.56-0.730.140.54-0.040.090.750.480.750.760.720.780.750.210.750.820.680.79-0.1
0.990.710.820.780.990.87-0.35-0.930.190.35-0.13-0.380.990.320.970.970.790.910.990.460.750.860.930.75-0.21
0.830.860.890.810.830.98-0.16-0.880.110.15-0.060.040.830.330.930.880.860.990.830.460.820.860.790.830.04
0.920.650.780.720.920.83-0.47-0.90.140.47-0.2-0.310.920.540.930.930.730.850.920.430.680.930.790.71-0.41
0.790.630.760.710.790.75-0.19-0.810.150.18-0.10.010.790.370.830.790.720.810.790.360.790.750.830.71-0.16
-0.220.230.020.11-0.240.020.470.240.26-0.460.340.36-0.23-0.48-0.18-0.160.15-0.01-0.240.09-0.1-0.210.04-0.41-0.16
Click cells to compare fundamentals

DiaMedica Therapeutics Account Relationship Matchups

DiaMedica Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.1M28.1M45.6M34.4M54.2M56.9M
Short Long Term Debt Total178K118K52K469K400K221.3K
Other Current Liab1.1M864K966K1.4M1.8M1.9M
Total Current Liabilities1.3M2.0M1.5M2.2M2.8M2.9M
Total Stockholder Equity7.6M26.0M44.0M31.8M51.1M53.6M
Property Plant And Equipment Net217K174K112K560K485K509.3K
Net Debt(3.7M)(7.3M)(4.7M)(4.3M)(4.1M)(4.4M)
Retained Earnings(56.6M)(68.9M)(82.5M)(96.2M)(115.6M)(109.8M)
Accounts Payable182K1.1M509K734K926K563.1K
Cash3.9M7.4M4.7M4.7M4.5M3.5M
Non Current Assets Total217K174K112K560K485.0K638.8K
Non Currrent Assets Other217K100K(40.4M)(1.0)(0.9)(0.94)
Cash And Short Term Investments7.9M27.5M45.1M33.5M52.9M55.5M
Net Receivables823K340K130K82K369K387.5K
Common Stock Shares Outstanding12.0M15.7M20.8M26.4M32.6M34.2M
Liabilities And Stockholders Equity9.1M28.1M45.6M34.4M54.2M56.9M
Other Stockholder Equity64.2M94.9M126.6M128.1M166.6M174.9M
Total Liab1.4M2.1M1.5M2.6M3.1M3.3M
Property Plant And Equipment Gross217K174K179K560K585K614.3K
Total Current Assets8.8M27.9M45.4M33.8M53.7M56.4M
Accumulated Other Comprehensive Income2K(2K)(51K)(74K)6K5.7K
Short Term Debt60K65K49K69K83K87.2K
Other Current Assets47K64K84K251K411K431.6K
Net Tangible Assets17.0M7.6M26.0M44.0M50.6M53.2M
Short Term Investments4.0M20.1M40.4M28.8M48.4M50.8M
Property Plant Equipment217K74K112K560K644K676.2K
Capital Surpluse41.0M63.0M64.2M94.9M109.2M114.6M
Non Current Liabilities Total118K53K3K400K317K158.5K
Capital Lease Obligations178K118K52K469K400K420K
Net Invested Capital7.6M26.0M44.0M31.8M51.1M28.0M
Net Working Capital7.5M25.9M43.9M31.7M50.9M27.8M

Pair Trading with DiaMedica Therapeutics

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

Moving against DiaMedica Stock

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The ability to find closely correlated positions to DiaMedica Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DiaMedica Therapeutics 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 DiaMedica Therapeutics - 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 DiaMedica Therapeutics to buy it.
The correlation of DiaMedica Therapeutics 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 DiaMedica Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DiaMedica Therapeutics 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 DiaMedica Therapeutics 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 CorrelationCorrelation Matching
When determining whether DiaMedica Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DiaMedica Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Diamedica Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Diamedica Therapeutics Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DiaMedica Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade DiaMedica Stock refer to our How to Trade DiaMedica Stock guide.
Note that the DiaMedica Therapeutics information on this page should be used as a complementary analysis to other DiaMedica Therapeutics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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Is DiaMedica Therapeutics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DiaMedica Therapeutics. If investors know DiaMedica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DiaMedica Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.60)
Return On Assets
(0.30)
Return On Equity
(0.47)
The market value of DiaMedica Therapeutics is measured differently than its book value, which is the value of DiaMedica that is recorded on the company's balance sheet. Investors also form their own opinion of DiaMedica Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is DiaMedica Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DiaMedica Therapeutics' market value can be influenced by many factors that don't directly affect DiaMedica Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DiaMedica Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if DiaMedica Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DiaMedica Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.