Doubledown Property Plant Equipment vs Short Term Investments Analysis
DDI Stock | USD 11.79 0.71 5.68% |
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 Short Term Investments 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 Short Term Investments
Property Plant Equipment vs Short Term Investments 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 Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Doubledown Interactive's Property Plant Equipment and Short Term Investments is -0.81. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Short Term Investments 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 Short Term Investments 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 Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant Equipment i.e., Doubledown Interactive's Property Plant Equipment and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Property Plant Equipment
Short Term Investments
Short Term Investments is an item under the current assets section of Doubledown Interactive balance sheet. It contains any investments Doubledown Interactive Co undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Doubledown Interactive can easily liquidate in the marketplace.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 |
Doubledown Interactive fundamental ratios Correlations
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Doubledown Interactive Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.