Digihost Technology Financials

DGHI Stock  USD 2.12  0.15  7.61%   
Based on the key measurements obtained from Digihost Technology's financial statements, Digihost Technology is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in January. As of now, Digihost Technology's Cash is increasing as compared to previous years. The Digihost Technology's current Non Currrent Assets Other is estimated to increase to about 973.2 K, while Total Current Liabilities is projected to decrease to under 3.5 M. Key indicators impacting Digihost Technology's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.03250.0342
Notably Down
Slightly volatile
Current Ratio0.40.4179
Sufficiently Down
Pretty Stable
Investors should never underestimate Digihost Technology's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Digihost Technology's cash flow, debt, and profitability to make informed and accurate decisions about investing in Digihost Technology.

Net Income

5.23 Million

  
Understanding current and past Digihost Technology Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Digihost Technology's financial statements are interrelated, with each one affecting the others. For example, an increase in Digihost Technology's assets may result in an increase in income on the income statement.

Digihost Technology Stock Summary

Digihost Technology competes with DatChat, Marin Software, Freight Technologies, Auddia, and Alkami Technology. Digihost Technology Inc. operates as a blockchain technology company that focuses on digital currency mining in the United States. The company was incorporated in 2017 and is headquartered in Toronto, Canada. Digihost Technology is traded on NASDAQ Exchange in the United States.
Foreign Associate
  Canada
Specialization
Information Technology, Software & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINCA25381D2068
CUSIP25381D206 25381D107
LocationOntario; Canada
Business Address2830 Produce Row,
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.digihost.ca/docs/
Phone917 242 6549
CurrencyUSD - US Dollar

Digihost Technology Key Financial Ratios

Digihost Technology Key Balance Sheet Accounts

201920202021202220232024 (projected)
Retained Earnings(274.7K)(5.5M)(5.5M)(4.6M)(4.2M)(4.4M)
Other Current Assets18.4K4.7M709.6K741.4K852.6K1.3M
Total Current Assets3.9M4.7M36.2M6.1M7.0M10.5M

Digihost Technology Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense48.4K258.4K332.8K238.2K273.9K204.6K
Ebit(270.0K)(5.9M)(494.9K)(28.3M)2.9M3.1M

Digihost Technology Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash814.9K(1.3M)884.5K934.9K1.1M660.1K
Net Income(270.0K)(5.2M)289.3K4.3M5.0M5.2M
End Period Cash Flow1.3M31.3K915.7K1.9M2.1M1.2M

Digihost Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Digihost Technology's current stock value. Our valuation model uses many indicators to compare Digihost Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Digihost Technology competition to find correlations between indicators driving Digihost Technology's intrinsic value. More Info.
Digihost Technology is rated # 4 in return on equity category among its peers. It is rated # 5 in return on asset category among its peers . As of now, Digihost Technology's Return On Equity is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Digihost Technology's earnings, one of the primary drivers of an investment's value.

Digihost Technology Systematic Risk

Digihost Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Digihost Technology volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Digihost Technology correlated with the market. If Beta is less than 0 Digihost Technology generally moves in the opposite direction as compared to the market. If Digihost Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Digihost Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Digihost Technology is generally in the same direction as the market. If Beta > 1 Digihost Technology moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Digihost Technology Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Digihost Technology's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Digihost Technology growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.005091

As of now, Digihost Technology's Price Earnings To Growth Ratio is decreasing as compared to previous years.

Digihost Technology December 1, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Digihost Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Digihost Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Digihost Technology based on widely used predictive technical indicators. In general, we focus on analyzing Digihost Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Digihost Technology's daily price indicators and compare them against related drivers.

Complementary Tools for Digihost Stock analysis

When running Digihost Technology's price analysis, check to measure Digihost Technology'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 Digihost Technology is operating at the current time. Most of Digihost Technology's value examination focuses on studying past and present price action to predict the probability of Digihost Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digihost Technology's price. Additionally, you may evaluate how the addition of Digihost Technology to your portfolios can decrease your overall portfolio volatility.
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