DHI Gross Profit vs Selling General Administrative Analysis
DHX Stock | USD 2.54 0.05 2.01% |
DHI financial indicator trend analysis is much more than just examining DHI Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DHI Group is a good investment. Please check the relationship between DHI Gross Profit and its Selling General Administrative accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DHI Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Gross Profit vs Selling General Administrative
Gross Profit vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DHI Group Gross Profit account and Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between DHI's Gross Profit and Selling General Administrative is 0.81. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of DHI Group, assuming nothing else is changed. The correlation between historical values of DHI's Gross Profit and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of DHI Group are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Gross Profit i.e., DHI's Gross Profit and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of DHI Group minus its cost of goods sold. It is profit before DHI operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Selling General Administrative
Most indicators from DHI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DHI Group 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 DHI Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. At this time, DHI's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.28 in 2024, despite the fact that Tax Provision is likely to grow to (70.3 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 104.8M | 132.1M | 132.1M | 144.3M | Total Revenue | 119.9M | 149.7M | 151.9M | 162.1M |
DHI fundamental ratios Correlations
Click cells to compare fundamentals
DHI Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DHI fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 278.3M | 241.0M | 221.6M | 226.7M | 225.2M | 301.8M | |
Total Stockholder Equity | 161.2M | 127.6M | 116.4M | 106.2M | 107.5M | 145.0M | |
Net Debt | 24.4M | 29.1M | 30.6M | 35.5M | 42.3M | 34.8M | |
Cash | 5.4M | 7.6M | 1.5M | 3.0M | 4.2M | 4.0M | |
Non Current Assets Total | 245.2M | 207.5M | 197.1M | 198.9M | 194.3M | 241.6M | |
Non Currrent Assets Other | 2.6M | 1.6M | 1.9M | 8.0M | 8.3M | 8.7M | |
Other Assets | 8.1M | 25.8M | 11.0M | 3.9M | 4.4M | 7.1M | |
Cash And Short Term Investments | 5.4M | 7.6M | 1.5M | 3.0M | 4.2M | 4.0M | |
Common Stock Shares Outstanding | 51.6M | 48.3M | 46.3M | 46.5M | 44.5M | 46.3M | |
Liabilities And Stockholders Equity | 278.3M | 241.0M | 221.6M | 226.7M | 225.2M | 301.8M | |
Other Stockholder Equity | 105.8M | 101.4M | 91.5M | 77.5M | 74.6M | 106.4M | |
Total Liab | 117.1M | 113.4M | 105.2M | 120.5M | 117.7M | 156.8M | |
Total Current Assets | 33.1M | 33.5M | 24.5M | 27.8M | 30.9M | 42.4M | |
Short Long Term Debt Total | 29.7M | 36.7M | 32.1M | 38.5M | 46.5M | 48.6M | |
Other Current Liab | 984K | 123K | 622K | 34K | 17.4M | 18.3M | |
Total Current Liabilities | 74.1M | 65.4M | 63.5M | 74.1M | 68.9M | 85.9M | |
Property Plant And Equipment Net | 40.1M | 40.9M | 27.5M | 27.8M | 30.0M | 18.4M | |
Current Deferred Revenue | 50.6M | 42.4M | 45.2M | 50.1M | 49.5M | 61.4M | |
Retained Earnings | 84.0M | 54.0M | 24.2M | 28.4M | 32.2M | 33.8M | |
Accounts Payable | 18.9M | 19.4M | 15.9M | 23.8M | 17.4M | 19.4M | |
Net Receivables | 23.5M | 21.3M | 18.7M | 20.5M | 22.4M | 28.4M | |
Good Will | 154.0M | 156.1M | 133.4M | 128.1M | 115.3M | 130.2M | |
Common Stock Total Equity | 696K | 714K | 738K | 766K | 880.9K | 714.5K | |
Non Current Liabilities Total | 43.0M | 48.0M | 41.8M | 46.4M | 48.8M | 62.5M | |
Other Current Assets | 4.2M | 4.5M | 4.2M | 4.3M | 4.2M | 3.8M | |
Property Plant And Equipment Gross | 40.1M | 40.9M | 20.6M | 21.3M | 77.3M | 81.1M | |
Accumulated Other Comprehensive Income | (29.2M) | (28.5M) | (61K) | (481K) | (83K) | (87.2K) | |
Common Stock | 696K | 714K | 738K | 766K | 789K | 722.5K | |
Other Liab | 16.9M | 14.7M | 12.0M | 8.0M | 9.2M | 11.2M | |
Long Term Debt | 9.4M | 19.6M | 22.7M | 30M | 38M | 45.4M | |
Property Plant Equipment | 20.4M | 24.5M | 27.5M | 27.8M | 32.0M | 33.6M | |
Short Term Debt | 3.6M | 3.4M | 2.4M | 105K | 2.0M | 2.1M | |
Treasury Stock | (121.5M) | (132.2M) | (150.4M) | (174.1M) | (156.7M) | (164.5M) | |
Net Tangible Assets | (33.9M) | 127.6M | (35.5M) | 106.2M | 122.2M | 128.3M | |
Retained Earnings Total Equity | 84.0M | 54.0M | 24.2M | 28.4M | 32.7M | 41.6M | |
Long Term Debt Total | 9.4M | 19.6M | 22.7M | 30M | 27M | 40.4M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DHI in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DHI's short interest history, or implied volatility extrapolated from DHI options trading.
Pair Trading with DHI
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 DHI 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 DHI will appreciate offsetting losses from the drop in the long position's value.Moving together with DHI Stock
0.66 | AI | C3 Ai Inc Financial Report 29th of May 2024 | PairCorr |
Moving against DHI Stock
0.49 | DTRK | DATATRAK International | PairCorr |
The ability to find closely correlated positions to DHI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DHI 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 DHI - 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 DHI Group to buy it.
The correlation of DHI 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 DHI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DHI Group 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 DHI 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 DHI Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the DHI Group information on this page should be used as a complementary analysis to other DHI's 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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When running DHI's price analysis, check to measure DHI'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 DHI is operating at the current time. Most of DHI's value examination focuses on studying past and present price action to predict the probability of DHI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DHI's price. Additionally, you may evaluate how the addition of DHI to your portfolios can decrease your overall portfolio volatility.
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Is DHI'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 DHI. If investors know DHI 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 DHI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.02) | Earnings Share 0.08 | Revenue Per Share 3.486 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0241 |
The market value of DHI Group is measured differently than its book value, which is the value of DHI that is recorded on the company's balance sheet. Investors also form their own opinion of DHI's value that differs from its market value or its book value, called intrinsic value, which is DHI'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 DHI's market value can be influenced by many factors that don't directly affect DHI'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 DHI's value and its price as these two are different measures arrived at by different means. Investors typically determine if DHI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DHI'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.