DarioHealth Historical Financial Ratios
| DRIO Stock | USD 1.32 0.16 13.79% |
DarioHealth Corp is recently reporting on over 104 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 0.71 or Days Sales Outstanding of 69.25 will help investors to properly organize and evaluate DarioHealth Corp financial condition quickly.
DarioHealth |
About DarioHealth Financial Ratios Analysis
DarioHealth CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate DarioHealth Corp investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on DarioHealth financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across DarioHealth Corp history.
DarioHealth Corp Financial Ratios Chart
DarioHealth Corp financial ratios usually calculated using numerical values taken directly from DarioHealth Corp financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about DarioHealth Corp. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, DarioHealth Corp's Shareholders Equity Per Share is very stable compared to the past year. As of the 23rd of April 2024, Debt To Equity is likely to grow to 0.52, while Price To Sales Ratio is likely to drop 2.28. Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing DarioHealth Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on DarioHealth Corp sales, a figure that is much harder to manipulate than other DarioHealth Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is DarioHealth Corp dividend as a percentage of DarioHealth Corp stock price. DarioHealth Corp dividend yield is a measure of DarioHealth Corp stock productivity, which can be interpreted as interest rate earned on an DarioHealth Corp investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to DarioHealth Corp. There are two different methods for calculating DarioHealth Corp invested capital: operating approach and financing approach. Understanding DarioHealth Corp invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Most ratios from DarioHealth Corp's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into DarioHealth Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 DarioHealth Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in DarioHealth Stock, please use our How to Invest in DarioHealth Corp guide.At this time, DarioHealth Corp's Shareholders Equity Per Share is very stable compared to the past year. As of the 23rd of April 2024, Debt To Equity is likely to grow to 0.52, while Price To Sales Ratio is likely to drop 2.28.
| 2023 | 2024 (projected) | Dividend Yield | 0.21 | 0.19 | Price To Sales Ratio | 2.4 | 2.28 |
DarioHealth Corp fundamentals Correlations
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DarioHealth Corp Account Relationship Matchups
High Positive Relationship
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DarioHealth Corp fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 1.97 | 11.25 | 10.49 | 3.66 | 2.4 | 2.28 | |
| Ptb Ratio | 0.79 | 3.03 | 2.52 | 1.26 | 0.84 | 0.71 | |
| Days Sales Outstanding | 34.38 | 82.1 | 31.78 | 94.21 | 61.07 | 69.25 | |
| Book Value Per Share | 8.34 | 4.72 | 5.16 | 3.38 | 2.05 | 2.15 | |
| Free Cash Flow Yield | (1.06) | (0.21) | (0.24) | (0.48) | (0.63) | (0.67) | |
| Operating Cash Flow Per Share | (6.94) | (2.97) | (3.04) | (2.02) | (1.07) | (1.12) | |
| Stock Based Compensation To Revenue | 0.3 | 1.47 | 1.22 | 0.61 | 0.97 | 0.92 | |
| Pb Ratio | 0.79 | 3.03 | 2.52 | 1.26 | 0.84 | 0.71 | |
| Ev To Sales | (0.63) | 7.54 | 8.76 | 2.89 | 2.03 | 1.93 | |
| Free Cash Flow Per Share | (6.98) | (2.99) | (3.05) | (2.05) | (1.09) | (1.15) | |
| Roic | (0.9) | (1.03) | (0.89) | (0.53) | (0.65) | (0.61) | |
| Inventory Turnover | 3.51 | 2.21 | 2.66 | 2.26 | 2.84 | 4.08 | |
| Net Income Per Share | (7.84) | (4.86) | (4.63) | (2.63) | (1.93) | (2.03) | |
| Days Of Inventory On Hand | 104.01 | 165.31 | 137.35 | 161.32 | 128.59 | 93.0 | |
| Payables Turnover | 3.0 | 2.04 | 3.24 | 7.75 | 12.7 | 13.34 | |
| Sales General And Administrative To Revenue | 0.73 | 1.68 | 1.15 | 0.6 | 0.89 | 0.85 | |
| Research And Ddevelopement To Revenue | 0.49 | 0.59 | 0.84 | 0.71 | 0.99 | 0.95 | |
| Capex To Revenue | (0.013) | (0.0156) | (0.0127) | (0.0207) | (0.0287) | (0.0301) | |
| Cash Per Share | 9.0 | 4.79 | 2.16 | 2.09 | 1.31 | 1.24 | |
| Pocfratio | (0.95) | (4.8) | (4.27) | (2.11) | (1.61) | (1.69) | |
| Capex To Operating Cash Flow | 0.006232 | 0.006653 | 0.005178 | 0.012 | 0.0192 | 0.0183 | |
| Pfcf Ratio | (0.94) | (4.77) | (4.25) | (2.09) | (1.58) | (1.65) | |
| Days Payables Outstanding | 121.81 | 178.79 | 112.68 | 47.08 | 28.73 | 27.29 | |
| Roe | (3.99) | (1.99) | (0.94) | (1.03) | (0.9) | (0.78) | |
| Ev To Operating Cash Flow | 0.3 | (3.22) | (3.56) | (1.67) | (1.36) | (1.43) | |
| Pe Ratio | (0.84) | (2.94) | (2.8) | (1.63) | (0.89) | (0.93) | |
| Return On Tangible Assets | (0.72) | (0.82) | (1.64) | (0.92) | (1.11) | (1.17) | |
| Ev To Free Cash Flow | 0.3 | (3.2) | (3.55) | (1.65) | (1.33) | (1.4) | |
| Earnings Yield | (1.2) | (0.34) | (0.36) | (0.61) | (1.12) | (1.18) | |
| Net Debt To E B I T D A | 1.12 | 0.93 | 0.49 | 0.41 | 0.15 | 0.14 | |
| Current Ratio | 4.39 | 4.85 | 3.17 | 3.39 | 3.77 | 2.26 | |
| Tangible Book Value Per Share | 8.34 | 4.72 | 1.9 | 1.2 | 0.39 | 0.41 | |
| Receivables Turnover | 10.62 | 4.45 | 11.49 | 3.87 | 5.98 | 5.68 | |
| Graham Number | 38.35 | 22.72 | 23.17 | 14.16 | 9.44 | 8.97 | |
| Shareholders Equity Per Share | 8.34 | 4.72 | 5.16 | 3.38 | 2.05 | 2.15 |
Pair Trading with DarioHealth Corp
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 DarioHealth Corp 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 DarioHealth Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with DarioHealth Stock
| 0.91 | DH | Definitive Healthcare Financial Report 2nd of May 2024 | PairCorr |
| 0.81 | GH | Guardant Health Upward Rally | PairCorr |
Moving against DarioHealth Stock
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| 0.75 | AGTI | Agiliti Financial Report 14th of May 2024 | PairCorr |
| 0.5 | RCM | R1 RCM Inc Financial Report 2nd of May 2024 | PairCorr |
| 0.41 | FORA | Forian Inc Financial Report 10th of May 2024 | PairCorr |
The ability to find closely correlated positions to DarioHealth Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DarioHealth Corp 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 DarioHealth Corp - 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 DarioHealth Corp to buy it.
The correlation of DarioHealth Corp 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 DarioHealth Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DarioHealth Corp 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 DarioHealth Corp 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DarioHealth Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in DarioHealth Stock, please use our How to Invest in DarioHealth Corp guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for DarioHealth Stock analysis
When running DarioHealth Corp's price analysis, check to measure DarioHealth Corp'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 DarioHealth Corp is operating at the current time. Most of DarioHealth Corp's value examination focuses on studying past and present price action to predict the probability of DarioHealth Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DarioHealth Corp's price. Additionally, you may evaluate how the addition of DarioHealth Corp to your portfolios can decrease your overall portfolio volatility.
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Is DarioHealth Corp's 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 DarioHealth Corp. If investors know DarioHealth 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 DarioHealth Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.93) | Revenue Per Share 0.717 | Quarterly Revenue Growth (0.47) | Return On Assets (0.33) | Return On Equity (0.86) |
The market value of DarioHealth Corp is measured differently than its book value, which is the value of DarioHealth that is recorded on the company's balance sheet. Investors also form their own opinion of DarioHealth Corp's value that differs from its market value or its book value, called intrinsic value, which is DarioHealth Corp's 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 DarioHealth Corp's market value can be influenced by many factors that don't directly affect DarioHealth Corp's 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 DarioHealth Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if DarioHealth Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DarioHealth Corp's 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.