Dentalcorp Holdings Stock Current Ratio
| DNTL Stock | 9.00 0.10 1.10% |
dentalcorp Holdings fundamentals help investors to digest information that contributes to Dentalcorp Holdings' financial success or failures. It also enables traders to predict the movement of Dentalcorp Stock. The fundamental analysis module provides a way to measure Dentalcorp Holdings' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dentalcorp Holdings stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 1.10 | 1.46 |
Dentalcorp | Current Ratio |
dentalcorp Holdings Company Current Ratio Analysis
Dentalcorp Holdings' Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Dentalcorp Holdings Current Ratio | 1.46 |
Most of Dentalcorp Holdings' fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, dentalcorp Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Dentalcorp Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Dentalcorp Holdings is extremely important. It helps to project a fair market value of Dentalcorp Stock properly, considering its historical fundamentals such as Current Ratio. Since Dentalcorp Holdings' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Dentalcorp Holdings' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Dentalcorp Holdings' interrelated accounts and indicators.
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Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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Dentalcorp Price To Sales Ratio
Price To Sales Ratio |
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Dentalcorp Fundamentals
| Return On Equity | -0.0392 | ||||
| Return On Asset | 0.0077 | ||||
| Profit Margin | (0.05) % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 3.1 B | ||||
| Shares Outstanding | 192.31 M | ||||
| Shares Owned By Insiders | 0.15 % | ||||
| Shares Owned By Institutions | 50.46 % | ||||
| Number Of Shares Shorted | 597.72 K | ||||
| Price To Book | 1.05 X | ||||
| Price To Sales | 1.23 X | ||||
| Revenue | 1.43 B | ||||
| Gross Profit | 495.4 M | ||||
| EBITDA | 246.6 M | ||||
| Net Income | (85.6 M) | ||||
| Total Debt | 1.35 B | ||||
| Book Value Per Share | 9.22 X | ||||
| Cash Flow From Operations | 153.4 M | ||||
| Short Ratio | 6.86 X | ||||
| Earnings Per Share | (0.43) X | ||||
| Target Price | 12.13 | ||||
| Number Of Employees | 9.95 K | ||||
| Beta | 1.27 | ||||
| Market Capitalization | 1.81 B | ||||
| Total Asset | 3.29 B | ||||
| Retained Earnings | (614.4 M) | ||||
| Working Capital | 15.7 M | ||||
| Net Asset | 3.29 B |
About Dentalcorp Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze dentalcorp Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dentalcorp Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of dentalcorp Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Dentalcorp Holdings
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 Dentalcorp Holdings 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 Dentalcorp Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Dentalcorp Stock
The ability to find closely correlated positions to Dentalcorp Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dentalcorp Holdings 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 Dentalcorp Holdings - 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 dentalcorp Holdings to buy it.
The correlation of Dentalcorp Holdings 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 Dentalcorp Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if dentalcorp Holdings 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 Dentalcorp Holdings 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.Other Information on Investing in Dentalcorp Stock
Dentalcorp Holdings financial ratios help investors to determine whether Dentalcorp 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 Dentalcorp with respect to the benefits of owning Dentalcorp Holdings security.