Doubledown Property Plant Equipment vs Good Will Analysis

DDI Stock  USD 11.37  0.42  3.56%   
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 Property Plant Equipment and its Good Will 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.

Property Plant Equipment vs Good Will

Property Plant Equipment vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Doubledown Interactive Property Plant Equipment account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Doubledown Interactive's Property Plant Equipment and Good Will is 0.89. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Good Will 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 Property Plant Equipment and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Doubledown Interactive Co are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Property Plant Equipment i.e., Doubledown Interactive's Property Plant Equipment and Good Will go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant Equipment

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 Amortization17.9M6.5M3.5M3.3M
Interest Income208K5.0M12.8M13.4M

Doubledown Interactive fundamental ratios Correlations

-0.39-0.17-0.510.540.260.25-0.450.360.260.48-0.140.25-0.40.350.190.010.23-0.13-0.370.350.71-0.430.240.26-0.28
-0.39-0.470.79-0.97-0.69-0.960.99-0.89-0.28-0.880.84-0.560.99-0.87-0.850.71-0.94-0.10.98-0.89-0.750.990.29-0.690.88
-0.17-0.470.010.30.080.49-0.50.49-0.060.54-0.730.09-0.470.620.23-0.740.420.16-0.480.43-0.07-0.38-0.570.08-0.38
-0.510.790.01-0.85-0.93-0.640.76-0.61-0.07-0.610.44-0.380.74-0.55-0.730.27-0.710.310.7-0.65-0.850.820.0-0.930.9
0.54-0.970.3-0.850.690.89-0.970.820.280.89-0.710.49-0.960.850.83-0.560.940.03-0.930.880.86-0.97-0.040.69-0.86
0.26-0.690.08-0.930.690.55-0.650.57-0.180.49-0.470.38-0.620.470.71-0.330.61-0.31-0.590.580.61-0.71-0.181.0-0.92
0.25-0.960.49-0.640.890.55-0.940.90.370.82-0.870.65-0.980.840.87-0.790.930.3-0.990.860.63-0.96-0.390.55-0.76
-0.450.99-0.50.76-0.97-0.65-0.94-0.91-0.22-0.930.86-0.570.99-0.92-0.850.74-0.93-0.150.98-0.92-0.730.980.26-0.650.87
0.36-0.890.49-0.610.820.570.9-0.910.080.86-0.950.83-0.890.890.89-0.890.80.45-0.930.920.48-0.9-0.470.57-0.76
0.26-0.28-0.06-0.070.28-0.180.37-0.220.080.03-0.020.04-0.36-0.010.010.070.22-0.03-0.34-0.040.49-0.29-0.07-0.180.12
0.48-0.880.54-0.610.890.490.82-0.930.860.03-0.830.49-0.880.990.76-0.730.870.24-0.870.950.61-0.86-0.070.49-0.77
-0.140.84-0.730.44-0.71-0.47-0.870.86-0.95-0.02-0.83-0.70.83-0.89-0.790.97-0.77-0.450.88-0.87-0.30.820.6-0.470.72
0.25-0.560.09-0.380.490.380.65-0.570.830.040.49-0.7-0.570.540.78-0.720.470.69-0.650.680.22-0.62-0.480.38-0.44
-0.40.99-0.470.74-0.96-0.62-0.980.99-0.89-0.36-0.880.83-0.57-0.87-0.840.71-0.94-0.150.99-0.88-0.750.990.28-0.620.82
0.35-0.870.62-0.550.850.470.84-0.920.89-0.010.99-0.890.54-0.870.79-0.830.880.34-0.880.960.5-0.85-0.180.47-0.76
0.19-0.850.23-0.730.830.710.87-0.850.890.010.76-0.790.78-0.840.79-0.740.870.38-0.870.910.53-0.88-0.250.71-0.83
0.010.71-0.740.27-0.56-0.33-0.790.74-0.890.07-0.730.97-0.720.71-0.83-0.74-0.67-0.60.77-0.8-0.10.690.63-0.330.59
0.23-0.940.42-0.710.940.610.93-0.930.80.220.87-0.770.47-0.940.880.87-0.670.18-0.930.910.69-0.93-0.090.61-0.83
-0.13-0.10.160.310.03-0.310.3-0.150.45-0.030.24-0.450.69-0.150.340.38-0.60.18-0.260.39-0.31-0.13-0.27-0.310.13
-0.370.98-0.480.7-0.93-0.59-0.990.98-0.93-0.34-0.870.88-0.650.99-0.88-0.870.77-0.93-0.26-0.9-0.690.980.35-0.590.8
0.35-0.890.43-0.650.880.580.86-0.920.92-0.040.95-0.870.68-0.880.960.91-0.80.910.39-0.90.55-0.89-0.150.58-0.81
0.71-0.75-0.07-0.850.860.610.63-0.730.480.490.61-0.30.22-0.750.50.53-0.10.69-0.31-0.690.55-0.780.210.61-0.65
-0.430.99-0.380.82-0.97-0.71-0.960.98-0.9-0.29-0.860.82-0.620.99-0.85-0.880.69-0.93-0.130.98-0.89-0.780.27-0.710.87
0.240.29-0.570.0-0.04-0.18-0.390.26-0.47-0.07-0.070.6-0.480.28-0.18-0.250.63-0.09-0.270.35-0.150.210.27-0.180.22
0.26-0.690.08-0.930.691.00.55-0.650.57-0.180.49-0.470.38-0.620.470.71-0.330.61-0.31-0.590.580.61-0.71-0.18-0.92
-0.280.88-0.380.9-0.86-0.92-0.760.87-0.760.12-0.770.72-0.440.82-0.76-0.830.59-0.830.130.8-0.81-0.650.870.22-0.92
Click cells to compare fundamentals

Doubledown Interactive Account Relationship Matchups

Doubledown Interactive fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets815.4M806.8M969.9M792.1M803.3M918.1M
Short Long Term Debt Total390.3M56.8M49.9M44.1M46.4M44.0M
Other Current Liab432K717K730K97.2M10.6M20.6M
Total Current Liabilities50.5M25.6M20.8M116.5M68.5M56.6M
Total Stockholder Equity380.7M699.5M864.0M626.2M727.7M665.1M
Property Plant And Equipment Net12.8M10.4M7.3M4.3M7.5M7.8M
Current Deferred Revenue1.8M2.4M2.2M2.4M2.5M2.4M
Net Debt347.9M(6.4M)(192.1M)(173.2M)(160.6M)(152.5M)
Retained Earnings16.1M69.7M147.9M226.4M327.3M343.6M
Accounts Payable10.9M16.6M14.8M13.8M13.3M15.4M
Cash42.4M63.2M242.1M217.4M206.9M147.2M
Non Current Assets Total749.5M716.3M699.2M479.1M524.6M525.2M
Non Currrent Assets Other113K71K100.4K68.0K47.3M49.7M
Long Term Debt342.5M46.0M42.2M39.5M35.5M33.7M
Cash And Short Term Investments42.4M63.2M242.1M285.2M275.0M172.1M
Net Receivables19.8M23.3M21.9M21.2M32.4M24.7M
Liabilities And Stockholders Equity815.4M806.8M969.9M792.1M803.3M918.1M
Non Current Liabilities Total384.2M81.7M85.1M49.3M6.9M6.6M
Capital Lease Obligations13.2M10.9M7.8M4.7M7.6M8.1M
Other Current Assets3.6M4.0M6.8M6.4M8.8M6.0M
Other Stockholder Equity344.5M588.1M671.8M359.3M413.2M488.1M
Total Liab434.7M107.3M105.9M165.8M75.5M71.7M
Net Invested Capital757.7M745.5M906.2M665.7M766.5M615.8M
Property Plant And Equipment Gross12.8M10.4M7.3M4.3M7.6M7.8M
Total Current Assets65.9M90.5M270.8M312.9M316.4M202.8M
Accumulated Other Comprehensive Income9.4M22.8M23.0M19.4M20.0M17.4M
Non Current Liabilities Other7.3M7.7M10.0M8.3M1.7M1.6M
Net Working Capital15.4M64.9M249.9M196.4M247.2M124.9M
Short Term Debt37.3M3.0M3.1M3.1M41.9M28.2M
Intangible Assets102.7M71.4M53.7M35.1M51.6M60.0M

Currently Active Assets on Macroaxis

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:
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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.