DarioHealth Other Stockholder Equity vs Cash Analysis

DRIO Stock

USD 0.97 0.08 8.99%

DarioHealth Corp financial indicator trend analysis is much more than just examining DarioHealth Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DarioHealth Corp is a good investment. Please check the relationship between DarioHealth Corp Other Stockholder Equity and its Cash accounts. 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 closely tied 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.

Other Stockholder Equity vs Cash

Other Stockholder Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DarioHealth Corp Other Stockholder Equity account and Cash. At this time, the significance of the direction appears to have almost identical trend.

The correlation between DarioHealth Corp's Other Stockholder Equity and Cash is 0.95. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of DarioHealth Corp, assuming nothing else is changed. The correlation between historical values of DarioHealth Corp's Other Stockholder Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of DarioHealth Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Stockholder Equity i.e., DarioHealth Corp's Other Stockholder Equity and Cash go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Other Stockholder Equity

Cash

Cash refers to the most liquid asset of DarioHealth Corp, which is listed under current asset account on DarioHealth Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from DarioHealth Corp customers. The amounts must be unrestricted with restricted cash listed in a different DarioHealth Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 closely tied 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 8th of November 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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Liab	Net Tangible Assets	Other Assets
Total Assets		0.98	0.92	0.98	0.75	-0.62	-0.95	0.58	0.96	0.98	-0.57	0.96	0.89	-0.06	0.96	0.52	0.73	0.85	0.97	0.9	0.95	0.97	-0.07	-0.48	0.9	0.29
Other Current Liab	0.98		0.9	0.98	0.69	-0.68	-0.94	0.69	0.94	0.96	-0.56	0.94	0.81	-0.02	0.93	0.58	0.65	0.86	0.96	0.85	0.91	0.95	-0.03	-0.48	0.9	0.32
Total Current Liabilities	0.92	0.9		0.93	0.79	-0.73	-0.84	0.67	0.92	0.86	-0.29	0.92	0.88	-0.01	0.8	0.67	0.53	0.9	0.85	0.76	0.82	0.93	-0.01	-0.46	0.81	0.37
Total Stockholder Equity	0.98	0.98	0.93		0.69	-0.73	-0.9	0.68	0.96	0.95	-0.45	0.96	0.84	-0.11	0.9	0.54	0.6	0.88	0.93	0.81	0.88	0.96	-0.11	-0.54	0.91	0.31
Property Plant And Equipment Net	0.75	0.69	0.79	0.69		-0.4	-0.78	0.23	0.79	0.67	-0.46	0.79	0.83	-0.08	0.74	0.63	0.69	0.62	0.76	0.79	0.83	0.79	-0.09	-0.34	0.68	0.35
Net Debt	-0.62	-0.68	-0.73	-0.73	-0.4		0.52	-0.84	-0.73	-0.5	-0.08	-0.73	-0.47	0.17	-0.41	-0.63	0.02	-0.76	-0.56	-0.27	-0.4	-0.71	0.17	0.52	-0.75	-0.56
Retained Earnings	-0.95	-0.94	-0.84	-0.9	-0.78	0.52		-0.51	-0.94	-0.91	0.73	-0.94	-0.85	-0.09	-0.97	-0.61	-0.81	-0.79	-1.0	-0.93	-0.96	-0.94	-0.08	0.5	-0.9	-0.4
Accounts Payable	0.58	0.69	0.67	0.68	0.23	-0.84	-0.51		0.6	0.54	0.03	0.6	0.36	0.24	0.4	0.69	-0.01	0.68	0.54	0.27	0.37	0.6	0.24	-0.36	0.58	0.39
Cash	0.96	0.94	0.92	0.96	0.79	-0.73	-0.94	0.6		0.88	-0.5	1.0	0.9	-0.08	0.9	0.61	0.65	0.87	0.95	0.85	0.9	1.0	-0.08	-0.56	0.95	0.49
Non Current Assets Total	0.98	0.96	0.86	0.95	0.67	-0.5	-0.91	0.54	0.88		-0.61	0.88	0.83	-0.06	0.95	0.41	0.75	0.78	0.94	0.9	0.94	0.9	-0.07	-0.4	0.82	0.12
Non Currrent Assets Other	-0.57	-0.56	-0.29	-0.45	-0.46	-0.08	0.73	0.03	-0.5	-0.61		-0.5	-0.43	-0.11	-0.78	-0.19	-0.85	-0.3	-0.7	-0.76	-0.72	-0.5	-0.1	0.25	-0.56	-0.14
Cash And Short Term Investments	0.96	0.94	0.92	0.96	0.79	-0.73	-0.94	0.6	1.0	0.88	-0.5		0.9	-0.08	0.9	0.61	0.65	0.87	0.95	0.85	0.9	1.0	-0.08	-0.56	0.95	0.49
Net Receivables	0.89	0.81	0.88	0.84	0.83	-0.47	-0.85	0.36	0.9	0.83	-0.43	0.9		-0.04	0.86	0.46	0.76	0.76	0.85	0.9	0.89	0.92	-0.04	-0.4	0.75	0.27
Common Stock Total Equity	-0.06	-0.02	-0.01	-0.11	-0.08	0.17	-0.09	0.24	-0.08	-0.06	-0.11	-0.08	-0.04		-0.02	0.42	0.06	-0.04	0.05	0.05	-0.03	-0.06	1.0	-0.02	-0.15	0.21
Common Stock Shares Outstanding	0.96	0.93	0.8	0.9	0.74	-0.41	-0.97	0.4	0.9	0.95	-0.78	0.9	0.86	-0.02		0.43	0.88	0.74	0.98	0.97	0.98	0.91	-0.02	-0.44	0.86	0.25
Short Term Investments	0.52	0.58	0.67	0.54	0.63	-0.63	-0.61	0.69	0.61	0.41	-0.19	0.61	0.46	0.42	0.43		0.21	0.59	0.58	0.4	0.47	0.6	0.42	-0.39	0.57	0.61
Non Current Liabilities Total	0.73	0.65	0.53	0.6	0.69	0.02	-0.81	-0.01	0.65	0.75	-0.85	0.65	0.76	0.06	0.88	0.21		0.44	0.79	0.95	0.88	0.67	0.05	-0.13	0.57	0.06
Other Current Assets	0.85	0.86	0.9	0.88	0.62	-0.76	-0.79	0.68	0.87	0.78	-0.3	0.87	0.76	-0.04	0.74	0.59	0.44		0.8	0.66	0.7	0.88	-0.04	-0.47	0.82	0.35
Other Stockholder Equity	0.97	0.96	0.85	0.93	0.76	-0.56	-1.0	0.54	0.95	0.94	-0.7	0.95	0.85	0.05	0.98	0.58	0.79	0.8		0.93	0.96	0.96	0.05	-0.51	0.92	0.38
Total Liab	0.9	0.85	0.76	0.81	0.79	-0.27	-0.93	0.27	0.85	0.9	-0.76	0.85	0.9	0.05	0.97	0.4	0.95	0.66	0.93		0.97	0.87	0.04	-0.29	0.75	0.2
Property Plant And Equipment Gross	0.95	0.91	0.82	0.88	0.83	-0.4	-0.96	0.37	0.9	0.94	-0.72	0.9	0.89	-0.03	0.98	0.47	0.88	0.7	0.96	0.97		0.91	-0.04	-0.41	0.83	0.24
Total Current Assets	0.97	0.95	0.93	0.96	0.79	-0.71	-0.94	0.6	1.0	0.9	-0.5	1.0	0.92	-0.06	0.91	0.6	0.67	0.88	0.96	0.87	0.91		-0.06	-0.55	0.94	0.45
Common Stock	-0.07	-0.03	-0.01	-0.11	-0.09	0.17	-0.08	0.24	-0.08	-0.07	-0.1	-0.08	-0.04	1.0	-0.02	0.42	0.05	-0.04	0.05	0.04	-0.04	-0.06		-0.02	-0.15	0.21
Other Liab	-0.48	-0.48	-0.46	-0.54	-0.34	0.52	0.5	-0.36	-0.56	-0.4	0.25	-0.56	-0.4	-0.02	-0.44	-0.39	-0.13	-0.47	-0.51	-0.29	-0.41	-0.55	-0.02		-0.68	-0.53
Net Tangible Assets	0.9	0.9	0.81	0.91	0.68	-0.75	-0.9	0.58	0.95	0.82	-0.56	0.95	0.75	-0.15	0.86	0.57	0.57	0.82	0.92	0.75	0.83	0.94	-0.15	-0.68		0.55
Other Assets	0.29	0.32	0.37	0.31	0.35	-0.56	-0.4	0.39	0.49	0.12	-0.14	0.49	0.27	0.21	0.25	0.61	0.06	0.35	0.38	0.2	0.24	0.45	0.21	-0.53	0.55

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DarioHealth Corp Account Relationship Matchups

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 against DarioHealth Stock

0.49	EHAB	Enhabit	Pair Corr
0.47	GH	Guardant Health Buyout Trend	Pair Corr
0.47	LH	Laboratory	Pair Corr
0.46	EDAP	EDAP TMS SA	Pair Corr
0.32	VTAK	Catheter Precision	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether DarioHealth Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DarioHealth Corp's 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 Dariohealth Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dariohealth Corp Stock:

How To Invest In DarioHealth

Details

Is DarioHealth Stock a good investment?

Details

What is DarioHealth Corp's Net Worth?

Details

Largest Health Care Equipment & Supplies Companies

View

Largest Health Care Equipment & Services Companies

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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 closely tied 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Is Health Care Equipment & Supplies space 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

(1.18)

Revenue Per Share

0.575

Quarterly Revenue Growth

0.017

Return On Assets

(0.33)

Return On Equity

(0.69)

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.

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DarioHealth Other Stockholder Equity vs Cash Analysis

Other Stockholder Equity vs Cash

Other Stockholder Equity vs Cash Correlation Analysis

Correlation Coefficient

Other Stockholder Equity

Cash

DarioHealth Corp fundamental ratios Correlations

DarioHealth Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

DarioHealth Corp fundamental ratios Accounts

Pair Trading with DarioHealth Corp

Moving against DarioHealth Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Common Stock	+ 1.0	Common Stock Total Equity
Other Current Liab	+ 0.98	Total Assets
Total Stockholder Equity	+ 0.98	Total Assets

Other Stockholder Equity	- 1.0	Retained Earnings
Common Stock Shares Outstanding	- 0.97	Retained Earnings
Property Plant And Equipment Gross	- 0.96	Retained Earnings
Retained Earnings	- 0.95	Total Assets
Total Current Assets	- 0.94	Retained Earnings
Cash And Short Term Investments	- 0.94	Retained Earnings