Doubledown Asset Turnover vs Net Debt Analysis

DDI Stock

USD 11.31 0.48 4.07%

Doubledown Interactive financial indicator trend analysis is much more than just examining Doubledown Interactive latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Doubledown Interactive is a good investment. Please check the relationship between Doubledown Interactive Asset Turnover and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Doubledown Interactive Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Asset Turnover vs Net Debt

Asset Turnover vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Doubledown Interactive Asset Turnover account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Doubledown Interactive's Asset Turnover and Net Debt is -0.62. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Net Debt in the same time period over historical financial statements of Doubledown Interactive Co, assuming nothing else is changed. The correlation between historical values of Doubledown Interactive's Asset Turnover and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Doubledown Interactive Co are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Asset Turnover i.e., Doubledown Interactive's Asset Turnover and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.62

Relationship Direction	Negative
Relationship Strength	Weak

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Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Doubledown Interactive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Doubledown Interactive 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 Doubledown Interactive Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

As of now, Doubledown Interactive's Selling General Administrative is increasing as compared to previous years. Issuance Of Capital Stock is expected to grow at the current pace this year, while Tax Provision is forecasted to increase to (36.2 M).

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	17.9M	6.5M	3.5M	3.3M
Interest Income	208K	5.0M	12.8M	13.4M

Depreciation And Amortization Interest Income

Doubledown Interactive fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt
Total Assets		-0.39	-0.17	-0.51	0.54	0.26	0.25	-0.45	0.36	0.26	0.48	-0.14	0.25	-0.4	0.35	0.19	0.01	0.23	-0.13	-0.37	0.35	0.71	-0.43	0.24	0.26	-0.28
Short Long Term Debt Total	-0.39		-0.47	0.79	-0.97	-0.69	-0.96	0.99	-0.89	-0.28	-0.88	0.84	-0.56	0.99	-0.87	-0.85	0.71	-0.94	-0.1	0.98	-0.89	-0.75	0.99	0.29	-0.69	0.88
Other Current Liab	-0.17	-0.47		0.01	0.3	0.08	0.49	-0.5	0.49	-0.06	0.54	-0.73	0.09	-0.47	0.62	0.23	-0.74	0.42	0.16	-0.48	0.43	-0.07	-0.38	-0.57	0.08	-0.38
Total Current Liabilities	-0.51	0.79	0.01		-0.85	-0.93	-0.64	0.76	-0.61	-0.07	-0.61	0.44	-0.38	0.74	-0.55	-0.73	0.27	-0.71	0.31	0.7	-0.65	-0.85	0.82	0.0	-0.93	0.9
Total Stockholder Equity	0.54	-0.97	0.3	-0.85		0.69	0.89	-0.97	0.82	0.28	0.89	-0.71	0.49	-0.96	0.85	0.83	-0.56	0.94	0.03	-0.93	0.88	0.86	-0.97	-0.04	0.69	-0.86
Property Plant And Equipment Net	0.26	-0.69	0.08	-0.93	0.69		0.55	-0.65	0.57	-0.18	0.49	-0.47	0.38	-0.62	0.47	0.71	-0.33	0.61	-0.31	-0.59	0.58	0.61	-0.71	-0.18	1.0	-0.92
Current Deferred Revenue	0.25	-0.96	0.49	-0.64	0.89	0.55		-0.94	0.9	0.37	0.82	-0.87	0.65	-0.98	0.84	0.87	-0.79	0.93	0.3	-0.99	0.86	0.63	-0.96	-0.39	0.55	-0.76
Net Debt	-0.45	0.99	-0.5	0.76	-0.97	-0.65	-0.94		-0.91	-0.22	-0.93	0.86	-0.57	0.99	-0.92	-0.85	0.74	-0.93	-0.15	0.98	-0.92	-0.73	0.98	0.26	-0.65	0.87
Retained Earnings	0.36	-0.89	0.49	-0.61	0.82	0.57	0.9	-0.91		0.08	0.86	-0.95	0.83	-0.89	0.89	0.89	-0.89	0.8	0.45	-0.93	0.92	0.48	-0.9	-0.47	0.57	-0.76
Accounts Payable	0.26	-0.28	-0.06	-0.07	0.28	-0.18	0.37	-0.22	0.08		0.03	-0.02	0.04	-0.36	-0.01	0.01	0.07	0.22	-0.03	-0.34	-0.04	0.49	-0.29	-0.07	-0.18	0.12
Cash	0.48	-0.88	0.54	-0.61	0.89	0.49	0.82	-0.93	0.86	0.03		-0.83	0.49	-0.88	0.99	0.76	-0.73	0.87	0.24	-0.87	0.95	0.61	-0.86	-0.07	0.49	-0.77
Non Current Assets Total	-0.14	0.84	-0.73	0.44	-0.71	-0.47	-0.87	0.86	-0.95	-0.02	-0.83		-0.7	0.83	-0.89	-0.79	0.97	-0.77	-0.45	0.88	-0.87	-0.3	0.82	0.6	-0.47	0.72
Non Currrent Assets Other	0.25	-0.56	0.09	-0.38	0.49	0.38	0.65	-0.57	0.83	0.04	0.49	-0.7		-0.57	0.54	0.78	-0.72	0.47	0.69	-0.65	0.68	0.22	-0.62	-0.48	0.38	-0.44
Long Term Debt	-0.4	0.99	-0.47	0.74	-0.96	-0.62	-0.98	0.99	-0.89	-0.36	-0.88	0.83	-0.57		-0.87	-0.84	0.71	-0.94	-0.15	0.99	-0.88	-0.75	0.99	0.28	-0.62	0.82
Cash And Short Term Investments	0.35	-0.87	0.62	-0.55	0.85	0.47	0.84	-0.92	0.89	-0.01	0.99	-0.89	0.54	-0.87		0.79	-0.83	0.88	0.34	-0.88	0.96	0.5	-0.85	-0.18	0.47	-0.76
Net Receivables	0.19	-0.85	0.23	-0.73	0.83	0.71	0.87	-0.85	0.89	0.01	0.76	-0.79	0.78	-0.84	0.79		-0.74	0.87	0.38	-0.87	0.91	0.53	-0.88	-0.25	0.71	-0.83
Good Will	0.01	0.71	-0.74	0.27	-0.56	-0.33	-0.79	0.74	-0.89	0.07	-0.73	0.97	-0.72	0.71	-0.83	-0.74		-0.67	-0.6	0.77	-0.8	-0.1	0.69	0.63	-0.33	0.59
Common Stock Total Equity	0.23	-0.94	0.42	-0.71	0.94	0.61	0.93	-0.93	0.8	0.22	0.87	-0.77	0.47	-0.94	0.88	0.87	-0.67		0.18	-0.93	0.91	0.69	-0.93	-0.09	0.61	-0.83
Common Stock Shares Outstanding	-0.13	-0.1	0.16	0.31	0.03	-0.31	0.3	-0.15	0.45	-0.03	0.24	-0.45	0.69	-0.15	0.34	0.38	-0.6	0.18		-0.26	0.39	-0.31	-0.13	-0.27	-0.31	0.13
Non Current Liabilities Total	-0.37	0.98	-0.48	0.7	-0.93	-0.59	-0.99	0.98	-0.93	-0.34	-0.87	0.88	-0.65	0.99	-0.88	-0.87	0.77	-0.93	-0.26		-0.9	-0.69	0.98	0.35	-0.59	0.8
Other Current Assets	0.35	-0.89	0.43	-0.65	0.88	0.58	0.86	-0.92	0.92	-0.04	0.95	-0.87	0.68	-0.88	0.96	0.91	-0.8	0.91	0.39	-0.9		0.55	-0.89	-0.15	0.58	-0.81
Other Stockholder Equity	0.71	-0.75	-0.07	-0.85	0.86	0.61	0.63	-0.73	0.48	0.49	0.61	-0.3	0.22	-0.75	0.5	0.53	-0.1	0.69	-0.31	-0.69	0.55		-0.78	0.21	0.61	-0.65
Total Liab	-0.43	0.99	-0.38	0.82	-0.97	-0.71	-0.96	0.98	-0.9	-0.29	-0.86	0.82	-0.62	0.99	-0.85	-0.88	0.69	-0.93	-0.13	0.98	-0.89	-0.78		0.27	-0.71	0.87
Net Invested Capital	0.24	0.29	-0.57	0.0	-0.04	-0.18	-0.39	0.26	-0.47	-0.07	-0.07	0.6	-0.48	0.28	-0.18	-0.25	0.63	-0.09	-0.27	0.35	-0.15	0.21	0.27		-0.18	0.22
Property Plant And Equipment Gross	0.26	-0.69	0.08	-0.93	0.69	1.0	0.55	-0.65	0.57	-0.18	0.49	-0.47	0.38	-0.62	0.47	0.71	-0.33	0.61	-0.31	-0.59	0.58	0.61	-0.71	-0.18		-0.92
Short Long Term Debt	-0.28	0.88	-0.38	0.9	-0.86	-0.92	-0.76	0.87	-0.76	0.12	-0.77	0.72	-0.44	0.82	-0.76	-0.83	0.59	-0.83	0.13	0.8	-0.81	-0.65	0.87	0.22	-0.92

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Doubledown Interactive Account Relationship Matchups

Doubledown Interactive fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	815.4M	806.8M	969.9M	792.1M	803.3M	918.1M
Short Long Term Debt Total	390.3M	56.8M	49.9M	44.1M	46.4M	44.0M
Other Current Liab	432K	717K	730K	97.2M	10.6M	20.6M
Total Current Liabilities	50.5M	25.6M	20.8M	116.5M	68.5M	56.6M
Total Stockholder Equity	380.7M	699.5M	864.0M	626.2M	727.7M	665.1M
Property Plant And Equipment Net	12.8M	10.4M	7.3M	4.3M	7.5M	7.8M
Current Deferred Revenue	1.8M	2.4M	2.2M	2.4M	2.5M	2.4M
Net Debt	347.9M	(6.4M)	(192.1M)	(173.2M)	(160.6M)	(152.5M)
Retained Earnings	16.1M	69.7M	147.9M	226.4M	327.3M	343.6M
Accounts Payable	10.9M	16.6M	14.8M	13.8M	13.3M	15.4M
Cash	42.4M	63.2M	242.1M	217.4M	206.9M	147.2M
Non Current Assets Total	749.5M	716.3M	699.2M	479.1M	524.6M	525.2M
Non Currrent Assets Other	113K	71K	100.4K	68.0K	47.3M	49.7M
Long Term Debt	342.5M	46.0M	42.2M	39.5M	35.5M	33.7M
Cash And Short Term Investments	42.4M	63.2M	242.1M	285.2M	275.0M	172.1M
Net Receivables	19.8M	23.3M	21.9M	21.2M	32.4M	24.7M
Liabilities And Stockholders Equity	815.4M	806.8M	969.9M	792.1M	803.3M	918.1M
Non Current Liabilities Total	384.2M	81.7M	85.1M	49.3M	6.9M	6.6M
Capital Lease Obligations	13.2M	10.9M	7.8M	4.7M	7.6M	8.1M
Other Current Assets	3.6M	4.0M	6.8M	6.4M	8.8M	6.0M
Other Stockholder Equity	344.5M	588.1M	671.8M	359.3M	413.2M	488.1M
Total Liab	434.7M	107.3M	105.9M	165.8M	75.5M	71.7M
Net Invested Capital	757.7M	745.5M	906.2M	665.7M	766.5M	615.8M
Property Plant And Equipment Gross	12.8M	10.4M	7.3M	4.3M	7.6M	7.8M
Total Current Assets	65.9M	90.5M	270.8M	312.9M	316.4M	202.8M
Accumulated Other Comprehensive Income	9.4M	22.8M	23.0M	19.4M	20.0M	17.4M
Non Current Liabilities Other	7.3M	7.7M	10.0M	8.3M	1.7M	1.6M
Net Working Capital	15.4M	64.9M	249.9M	196.4M	247.2M	124.9M
Short Term Debt	37.3M	3.0M	3.1M	3.1M	41.9M	28.2M
Intangible Assets	102.7M	71.4M	53.7M	35.1M	51.6M	60.0M

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

How To Invest In Doubledown

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Is Doubledown Stock a good investment?

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What is Doubledown Interactive's Net Worth?

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Largest Movies & Entertainment Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Doubledown Interactive Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Is Movies & Entertainment 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 Doubledown Interactive. If investors know Doubledown 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 Doubledown Interactive 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

(0.07)

Earnings Share

2.31

Revenue Per Share

6.911

Quarterly Revenue Growth

0.137

Return On Assets

0.1052

The market value of Doubledown Interactive is measured differently than its book value, which is the value of Doubledown that is recorded on the company's balance sheet. Investors also form their own opinion of Doubledown Interactive's value that differs from its market value or its book value, called intrinsic value, which is Doubledown Interactive'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 Doubledown Interactive's market value can be influenced by many factors that don't directly affect Doubledown Interactive'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 Doubledown Interactive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Doubledown Interactive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Doubledown Interactive'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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Doubledown Asset Turnover vs Net Debt Analysis

Asset Turnover vs Net Debt

Asset Turnover vs Net Debt Correlation Analysis

Correlation Coefficient

Asset Turnover

Net Debt

Doubledown Interactive fundamental ratios Correlations

Doubledown Interactive Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Doubledown Interactive fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Net Debt	+ 0.99	Short Long Term Debt Total
Long Term Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Long Term Debt	+ 0.99	Net Debt
Cash And Short Term Investments	+ 0.99	Cash

Non Current Liabilities Total	- 0.99	Current Deferred Revenue
Long Term Debt	- 0.98	Current Deferred Revenue
Total Liab	- 0.97	Total Stockholder Equity
Net Debt	- 0.97	Total Stockholder Equity
Total Stockholder Equity	- 0.97	Short Long Term Debt Total
Total Liab	- 0.96	Current Deferred Revenue