Digi Non Current Liabilities Total vs Total Assets Analysis

DGII Stock  USD 32.67  0.03  0.09%   
Digi International financial indicator trend analysis is much more than just examining Digi International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digi International is a good investment. Please check the relationship between Digi International Non Current Liabilities Total and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digi International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.

Non Current Liabilities Total vs Total Assets

Non Current Liabilities Total vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digi International Non Current Liabilities Total account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Digi International's Non Current Liabilities Total and Total Assets is 0.91. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of Digi International, assuming nothing else is changed. The correlation between historical values of Digi International's Non Current Liabilities Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Digi International are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Liabilities Total i.e., Digi International's Non Current Liabilities Total and Total Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Liabilities Total

Total Assets

Total assets refers to the total amount of Digi International assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Digi International books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Digi International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digi International 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 Digi International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.As of now, Digi International's Discontinued Operations is increasing as compared to previous years. The Digi International's current Sales General And Administrative To Revenue is estimated to increase to 0.25, while Selling General Administrative is projected to decrease to under 37.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense19.7M25.2M15.4M16.2M
Depreciation And Amortization33.8M34.0M39.0M41.0M

Digi International fundamental ratios Correlations

0.870.980.970.970.640.940.030.98-0.30.870.710.910.80.970.940.940.380.120.590.840.950.840.080.830.86
0.870.90.860.870.490.830.130.84-0.180.830.580.760.670.860.810.830.420.340.660.880.80.63-0.170.730.75
0.980.90.920.950.670.89-0.060.98-0.420.880.720.930.790.920.960.930.260.170.530.890.970.820.080.790.81
0.970.860.920.920.560.990.160.92-0.140.90.610.780.741.00.830.90.510.140.670.790.850.74-0.090.840.87
0.970.870.950.920.720.88-0.10.97-0.360.790.660.910.710.920.940.980.250.060.560.780.950.820.020.750.77
0.640.490.670.560.720.55-0.550.74-0.720.520.470.690.440.540.690.74-0.28-0.190.150.350.760.610.230.380.37
0.940.830.890.990.880.550.150.89-0.140.930.550.730.720.970.780.850.520.130.650.770.810.71-0.130.820.85
0.030.13-0.060.16-0.1-0.550.15-0.130.830.10.02-0.20.060.19-0.16-0.110.80.650.490.16-0.22-0.27-0.340.220.29
0.980.840.980.920.970.740.89-0.13-0.460.830.720.950.770.920.970.960.20.040.490.810.990.860.130.770.79
-0.3-0.18-0.42-0.14-0.36-0.72-0.140.83-0.46-0.27-0.27-0.49-0.19-0.12-0.48-0.410.720.310.29-0.25-0.54-0.41-0.3-0.030.01
0.870.830.880.90.790.520.930.10.83-0.270.510.670.70.880.740.750.410.260.570.860.760.6-0.180.750.77
0.710.580.720.610.660.470.550.020.72-0.270.510.780.830.640.770.670.270.20.220.610.740.680.370.860.84
0.910.760.930.780.910.690.73-0.20.95-0.490.670.780.80.80.990.890.120.050.370.770.970.90.360.70.74
0.80.670.790.740.710.440.720.060.77-0.190.70.830.80.760.810.630.490.20.430.750.750.830.430.870.92
0.970.860.921.00.920.540.970.190.92-0.120.880.640.80.760.850.90.530.160.680.80.860.75-0.060.840.88
0.940.810.960.830.940.690.78-0.160.97-0.480.740.770.990.810.850.920.160.080.420.820.990.890.290.730.77
0.940.830.930.90.980.740.85-0.110.96-0.410.750.670.890.630.90.920.160.00.490.710.950.770.010.720.72
0.380.420.260.510.25-0.280.520.80.20.720.410.270.120.490.530.160.160.460.660.390.090.19-0.170.590.66
0.120.340.170.140.06-0.190.130.650.040.310.260.20.050.20.160.080.00.460.50.480.02-0.24-0.30.230.27
0.590.660.530.670.560.150.650.490.490.290.570.220.370.430.680.420.490.660.50.620.390.27-0.320.520.58
0.840.880.890.790.780.350.770.160.81-0.250.860.610.770.750.80.820.710.390.480.620.790.61-0.070.720.76
0.950.80.970.850.950.760.81-0.220.99-0.540.760.740.970.750.860.990.950.090.020.390.790.860.220.710.74
0.840.630.820.740.820.610.71-0.270.86-0.410.60.680.90.830.750.890.770.19-0.240.270.610.860.510.660.72
0.08-0.170.08-0.090.020.23-0.13-0.340.13-0.3-0.180.370.360.43-0.060.290.01-0.17-0.3-0.32-0.070.220.510.050.13
0.830.730.790.840.750.380.820.220.77-0.030.750.860.70.870.840.730.720.590.230.520.720.710.660.050.98
0.860.750.810.870.770.370.850.290.790.010.770.840.740.920.880.770.720.660.270.580.760.740.720.130.98
Click cells to compare fundamentals

Digi International Account Relationship Matchups

Digi International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets528.7M619.5M853.9M835.5M815.1M855.8M
Other Current Liab23.3M25.5M28.8M23.6M29.5M31.0M
Total Current Liabilities61.2M58.9M96.5M86.0M89.3M93.8M
Total Stockholder Equity371.5M472.5M501.5M540.5M581.0M610.1M
Property Plant And Equipment Net25.8M27.8M42.9M42.0M45.1M47.4M
Net Debt25.5M(85.6M)(19.4M)189.2M109.9M115.4M
Retained Earnings170.3M180.7M200.1M224.8M247.4M259.7M
Cash54.1M152.4M34.9M31.7M27.5M39.1M
Non Current Assets Total358.6M372.9M687.7M669.3M660.6M693.7M
Cash And Short Term Investments54.1M152.4M34.9M31.7M27.5M26.1M
Net Receivables59.2M43.7M54.2M56.0M69.6M73.1M
Common Stock Shares Outstanding29.5M33.4M36.0M36.9M37.0M24.7M
Liabilities And Stockholders Equity528.7M619.5M853.9M835.5M815.1M855.8M
Non Current Liabilities Total96.0M88.1M255.9M209.1M144.7M151.9M
Inventory51.6M43.9M73.2M74.4M53.4M29.1M
Other Stockholder Equity224.6M314.2M327.1M342.2M357.0M374.8M
Total Liab157.2M147.0M352.4M295.0M234.0M245.7M
Property Plant And Equipment Gross25.8M56.9M76.6M81.5M93.8M98.4M
Total Current Assets170.1M246.7M166.2M166.2M154.4M130.1M
Accumulated Other Comprehensive Income(23.8M)(22.7M)(26.1M)(27.0M)(23.7M)(22.6M)
Non Currrent Assets Other358.6M372.9M2.3M3.8M3.7M3.5M
Other Current Assets5.1M6.6M3.9M4.1M3.9M5.6M
Accounts Payable28.1M22.6M32.4M17.1M23.8M24.9M
Intangible Assets121.2M118.0M302.1M277.1M252.9M265.6M
Short Term Debt7.0M5.3M15.5M18.9M3.0M2.8M
Common Stock Total Equity346K355K407K420K483K317.9K
Common Stock355K407K420K425K430K329.6K
Other Assets8.2M1.4M372.9M687.7M790.8M830.4M
Good Will210.1M225.5M340.5M341.6M342.8M325.6M
Treasury Stock(54.3M)(55.1M)(56.5M)(58.2M)(52.4M)(55.0M)
Property Plant Equipment13.9M11.5M27.8M42.9M38.6M40.5M
Current Deferred Revenue7.7M13.6M19.8M25.3M30.6M32.1M
Other Liab5.3M20.8M23.9M16.4M18.9M9.6M
Net Tangible Assets164.9M40.1M472.5M501.5M576.7M605.6M
Capital Surpluse266.6M279.7M370.7M385.2M443.0M283.6M

Currently Active Assets on Macroaxis

When determining whether Digi International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Digi International'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 Digi International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digi International Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digi International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Communications Equipment 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 Digi International. If investors know Digi 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 Digi International 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
0.881
Earnings Share
0.61
Revenue Per Share
11.677
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0364
The market value of Digi International is measured differently than its book value, which is the value of Digi that is recorded on the company's balance sheet. Investors also form their own opinion of Digi International's value that differs from its market value or its book value, called intrinsic value, which is Digi International'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 Digi International's market value can be influenced by many factors that don't directly affect Digi International'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 Digi International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digi International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digi International'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.