Sandy CPA - DRI Healthcare CFO Inc

DHT-UN Stock  CAD 11.80  0.36  2.96%   

CFO

Sandy CPA is CFO Inc of DRI Healthcare Trust
Address 100 King Street West, Toronto, ON, Canada, M5X 1B1
Phone416-863-1865
Webhttps://www.dricapital.com

DRI Healthcare Management Efficiency

The company has return on total asset (ROA) of 0.0435 % which means that it generated a profit of $0.0435 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0203 %, meaning that it generated $0.0203 on every $100 dollars invested by stockholders. DRI Healthcare's management efficiency ratios could be used to measure how well DRI Healthcare manages its routine affairs as well as how well it operates its assets and liabilities. At present, DRI Healthcare's Return On Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.12, whereas Return On Capital Employed is forecasted to decline to 0.11. At present, DRI Healthcare's Other Current Assets are projected to decrease significantly based on the last few years of reporting. The current year's Return On Tangible Assets is expected to grow to 0.74, whereas Total Assets are forecasted to decline to about 523.9 M.
DRI Healthcare Trust has accumulated 145.48 M in total debt with debt to equity ratio (D/E) of 0.17, which may suggest the company is not taking enough advantage from borrowing. DRI Healthcare Trust has a current ratio of 3.26, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist DRI Healthcare until it has trouble settling it off, either with new capital or with free cash flow. So, DRI Healthcare's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like DRI Healthcare Trust sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DRI to invest in growth at high rates of return. When we think about DRI Healthcare's use of debt, we should always consider it together with cash and equity.
DRI Healthcare Trust focuses on managing and growing a portfolio of pharmaceutical royalties. The company was incorporated in 2020 and is headquartered in Toronto, Canada. DRI HEALTHCARE is traded on Toronto Stock Exchange in Canada. DRI Healthcare Trust (DHT-UN) is traded on Toronto Exchange in Canada and employs 13 people. DRI Healthcare is listed under Pharmaceuticals category by Fama And French industry classification.

Management Performance

DRI Healthcare Trust Leadership Team

Elected by the shareholders, the DRI Healthcare's board of directors comprises two types of representatives: DRI Healthcare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DRI. The board's role is to monitor DRI Healthcare's management team and ensure that shareholders' interests are well served. DRI Healthcare's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, DRI Healthcare's outside directors are responsible for providing unbiased perspectives on the board's policies.
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David Levine, Director Relations

DRI Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is DRI Healthcare a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with DRI Healthcare

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 DRI Healthcare 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 DRI Healthcare will appreciate offsetting losses from the drop in the long position's value.

Moving against DRI Stock

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The ability to find closely correlated positions to DRI Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DRI Healthcare 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 DRI Healthcare - 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 DRI Healthcare Trust to buy it.
The correlation of DRI Healthcare 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 DRI Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DRI Healthcare Trust 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 DRI Healthcare 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

Other Information on Investing in DRI Stock

DRI Healthcare financial ratios help investors to determine whether DRI Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DRI with respect to the benefits of owning DRI Healthcare security.