DarioHealth Weighted Average Shares vs Operating Expenses Analysis
DRIO Stock | USD 1.32 0.16 13.79% |
Trend analysis of DarioHealth Corp balance sheet accounts such as Total Current Liabilities of 6.9 M or Total Stockholder Equity of 61.1 M provides information on DarioHealth Corp's total assets, liabilities, and equity, which is the actual value of DarioHealth Corp to its prevalent stockholders. By breaking down trends over time using DarioHealth Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
DarioHealth |
About DarioHealth Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of DarioHealth Corp at a specified time, usually calculated after every quarter, six months, or one year. DarioHealth Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DarioHealth Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which DarioHealth currently owns. An asset can also be divided into two categories, current and non-current.
DarioHealth Corp Balance Sheet Chart
DarioHealth Corp Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how DarioHealth Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, DarioHealth Corp's Cash And Short Term Investments are very stable compared to the past year. As of the 22nd of April 2024, Net Receivables is likely to grow to about 3.6 M, while Total Current Liabilities is likely to drop about 6.9 M. Add Fundamental
Total Assets
Total assets refers to the total amount of DarioHealth Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in DarioHealth Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on DarioHealth Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of DarioHealth Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from DarioHealth Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.As of the 22nd of April 2024, Selling General Administrative is likely to drop to about 9.6 M. In addition to that, Tax Provision is likely to drop to 2,850
DarioHealth Corp fundamental ratios Correlations
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DarioHealth Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DarioHealth Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 24.6M | 35.4M | 100.8M | 119.2M | 96.4M | 101.2M | |
Other Current Liab | 2.0M | 3.0M | 7.8M | 6.6M | 6.3M | 6.6M | |
Total Current Liabilities | 5.2M | 7.0M | 14.4M | 19.4M | 12.5M | 6.9M | |
Total Stockholder Equity | 18.9M | 28.2M | 85.5M | 80.0M | 58.1M | 61.1M | |
Property Plant And Equipment Net | 1.4M | 1.1M | 989K | 2.0M | 1.9M | 1.2M | |
Net Debt | (19.6M) | (28.1M) | (35.5M) | (21.3M) | (7.5M) | (7.9M) | |
Retained Earnings | (110.1M) | (143.2M) | (222.0M) | (285.9M) | (349.4M) | (331.9M) | |
Accounts Payable | 1.7M | 2.5M | 5.1M | 2.3M | 1.1M | 2.0M | |
Cash | 20.4M | 28.6M | 35.8M | 49.4M | 37.1M | 38.9M | |
Non Current Assets Total | 1.6M | 1.3M | 55.2M | 53.7M | 49.3M | 51.8M | |
Non Currrent Assets Other | 200K | 185K | 77K | 117K | (5.0M) | (4.8M) | |
Cash And Short Term Investments | 20.4M | 28.6M | 35.8M | 49.4M | 37.1M | 38.9M | |
Net Receivables | 712K | 1.7M | 1.8M | 7.1M | 3.4M | 3.6M | |
Common Stock Shares Outstanding | 2.3M | 6.0M | 16.6M | 23.6M | 28.4M | 29.8M | |
Liabilities And Stockholders Equity | 24.6M | 35.4M | 100.8M | 119.2M | 96.4M | 101.2M | |
Non Current Liabilities Total | 455K | 222K | 846K | 19.8M | 25.8M | 27.0M | |
Other Current Assets | 418K | 1.5M | 1.8M | 1.8M | 1.5M | 975.3K | |
Other Stockholder Equity | 129.0M | 171.4M | 307.6M | 365.8M | 407.5M | 427.9M | |
Total Liab | 5.7M | 7.3M | 15.2M | 39.2M | 38.2M | 40.2M | |
Property Plant And Equipment Gross | 1.4M | 1.1M | 2.2M | 3.4M | 3.4M | 3.5M | |
Total Current Assets | 22.9M | 34.1M | 45.6M | 65.5M | 47.1M | 49.4M | |
Net Tangible Assets | 18.9M | 28.4M | 31.4M | 28.4M | 32.7M | 34.3M | |
Other Assets | 217K | 205K | 77K | 117K | 134.6K | 118.4K | |
Retained Earnings Total Equity | (110.1M) | (143.2M) | (222.0M) | (285.9M) | (257.3M) | (244.4M) | |
Capital Surpluse | 129.0M | 171.4M | 307.6M | 365.8M | 420.7M | 441.8M | |
Property Plant Equipment | 1.4M | 576K | 702K | 788K | 709.2K | 708.3K | |
Current Deferred Revenue | 1.2M | 1.2M | 1.2M | 1.3M | 997K | 928.1K | |
Inventory | 1.4M | 2.3M | 6.2M | 8.0M | 5.1M | 3.0M | |
Net Invested Capital | 18.9M | 28.2M | 85.5M | 106.9M | 86.7M | 53.3M | |
Net Working Capital | 17.7M | 27.1M | 31.2M | 46.2M | 34.8M | 26.4M |
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
0.76 | STIM | Neuronetics Financial Report 14th of May 2024 | PairCorr |
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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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.