DGTL Stock | | | CAD 0.04 0.00 0.00% |
DGTL Holdings financial indicator trend analysis is much more than just examining DGTL Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DGTL Holdings is a good investment. Please check the relationship between DGTL Holdings Pb Ratio and its Days Sales Outstanding accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DGTL Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Pb Ratio vs Days Sales Outstanding
Pb Ratio vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DGTL Holdings Pb Ratio account and
Days Sales Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between DGTL Holdings' Pb Ratio and Days Sales Outstanding is 0.58. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of DGTL Holdings, assuming nothing else is changed. The correlation between historical values of DGTL Holdings' Pb Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of DGTL Holdings are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Pb Ratio i.e., DGTL Holdings' Pb Ratio and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Pb Ratio
Days Sales Outstanding
Most indicators from DGTL Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DGTL Holdings 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 DGTL Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At this time, DGTL Holdings'
Tax Provision is fairly stable compared to the past year.
Selling General Administrative is likely to climb to about 1.8
M in 2024, whereas
Enterprise Value Multiple is likely to drop
(2.81) in 2024.
DGTL Holdings fundamental ratios Correlations
Click cells to compare fundamentals
DGTL Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DGTL Holdings fundamental ratios Accounts
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Additional Tools for DGTL Stock Analysis
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