Direct Capital Expenditures vs Free Cash Flow Analysis

DRCT Stock

USD 1.20 0.01 0.83%

Direct Digital financial indicator trend analysis is much more than just examining Direct Digital Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Direct Digital Holdings is a good investment. Please check the relationship between Direct Digital Capital Expenditures and its Free Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Direct Digital 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 main economic indicators.

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Direct Digital Holdings Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Direct Digital's Capital Expenditures and Free Cash Flow is -0.5. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Direct Digital Holdings, assuming nothing else is changed. The correlation between historical values of Direct Digital's Capital Expenditures and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Direct Digital Holdings are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Capital Expenditures i.e., Direct Digital's Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.5

Relationship Direction	Negative
Relationship Strength	Very Weak

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Capital Expenditures

Capital Expenditures are funds used by Direct Digital Holdings to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Direct Digital operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Direct Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Direct Digital 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 Direct Digital 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 main economic indicators.

At this time, Direct Digital's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.36 in 2024, whereas Enterprise Value is likely to drop slightly above 44.3 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	3.2M	3.2M	4.4M	2.6M
Depreciation And Amortization	2.0M	2.1M	2.2M	1.5M

Interest Expense Depreciation And Amortization

Direct Digital fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets
Total Assets		0.99	0.9	0.95	0.91	0.94	-0.79	0.66	0.99	-0.9	0.87	0.94	0.95	-0.65	0.86	0.99	0.94	0.9	0.93	0.91	0.98	0.64	0.88	1.0	0.99	0.91
Short Long Term Debt Total	0.99		0.85	0.92	0.87	0.96	-0.84	0.75	1.0	-0.94	0.85	0.97	0.96	-0.62	0.82	1.0	0.97	0.87	0.95	0.86	0.99	0.73	0.83	0.99	1.0	0.89
Other Current Liab	0.9	0.85		0.97	0.88	0.74	-0.5	0.37	0.86	-0.73	0.87	0.78	0.77	-0.6	0.92	0.85	0.78	0.87	0.72	0.99	0.8	0.36	0.99	0.9	0.86	0.87
Total Current Liabilities	0.95	0.92	0.97		0.83	0.8	-0.57	0.47	0.92	-0.78	0.91	0.88	0.81	-0.71	0.92	0.92	0.88	0.91	0.77	0.98	0.87	0.47	0.94	0.95	0.91	0.92
Total Stockholder Equity	0.91	0.87	0.88	0.83		0.88	-0.77	0.48	0.89	-0.77	0.75	0.74	0.92	-0.46	0.78	0.86	0.74	0.78	0.89	0.83	0.88	0.41	0.87	0.89	0.9	0.78
Other Liab	0.94	0.96	0.74	0.8	0.88		-0.92	0.77	0.96	-0.91	0.8	0.9	0.99	-0.6	0.76	0.95	0.9	0.83	0.99	0.73	0.98	0.72	0.72	0.94	0.96	0.86
Net Tangible Assets	-0.79	-0.84	-0.5	-0.57	-0.77	-0.92		-0.85	-0.84	0.85	-0.51	-0.79	-0.93	0.3	-0.46	-0.83	-0.79	-0.56	-0.96	-0.48	-0.9	-0.78	-0.49	-0.79	-0.85	-0.6
Current Deferred Revenue	0.66	0.75	0.37	0.47	0.48	0.77	-0.85		0.73	-0.9	0.46	0.83	0.75	-0.23	0.38	0.76	0.83	0.48	0.79	0.4	0.77	0.99	0.39	0.67	0.73	0.54
Net Debt	0.99	1.0	0.86	0.92	0.89	0.96	-0.84	0.73		-0.93	0.85	0.96	0.97	-0.62	0.82	1.0	0.96	0.87	0.96	0.86	0.99	0.71	0.84	0.99	1.0	0.89
Retained Earnings	-0.9	-0.94	-0.73	-0.78	-0.77	-0.91	0.85	-0.9	-0.93		-0.75	-0.96	-0.91	0.45	-0.72	-0.94	-0.96	-0.77	-0.92	-0.75	-0.93	-0.88	-0.75	-0.9	-0.93	-0.81
Accounts Payable	0.87	0.85	0.87	0.91	0.75	0.8	-0.51	0.46	0.85	-0.75		0.82	0.75	-0.88	0.99	0.85	0.82	1.0	0.73	0.89	0.8	0.46	0.86	0.88	0.84	0.99
Cash	0.94	0.97	0.78	0.88	0.74	0.9	-0.79	0.83	0.96	-0.96	0.82		0.89	-0.61	0.77	0.98	1.0	0.83	0.89	0.82	0.95	0.83	0.77	0.95	0.95	0.87
Non Current Assets Total	0.95	0.96	0.77	0.81	0.92	0.99	-0.93	0.75	0.97	-0.91	0.75	0.89		-0.51	0.73	0.96	0.89	0.79	1.0	0.76	0.99	0.7	0.76	0.95	0.98	0.82
Non Currrent Assets Other	-0.65	-0.62	-0.6	-0.71	-0.46	-0.6	0.3	-0.23	-0.62	0.45	-0.88	-0.61	-0.51		-0.82	-0.63	-0.61	-0.87	-0.5	-0.64	-0.59	-0.25	-0.56	-0.66	-0.6	-0.86
Other Assets	0.86	0.82	0.92	0.92	0.78	0.76	-0.46	0.38	0.82	-0.72	0.99	0.77	0.73	-0.82		0.82	0.77	0.98	0.7	0.92	0.77	0.38	0.92	0.86	0.82	0.97
Long Term Debt	0.99	1.0	0.85	0.92	0.86	0.95	-0.83	0.76	1.0	-0.94	0.85	0.98	0.96	-0.63	0.82		0.98	0.87	0.94	0.86	0.99	0.74	0.83	0.99	0.99	0.89
Cash And Short Term Investments	0.94	0.97	0.78	0.88	0.74	0.9	-0.79	0.83	0.96	-0.96	0.82	1.0	0.89	-0.61	0.77	0.98		0.83	0.89	0.82	0.95	0.83	0.77	0.95	0.95	0.87
Net Receivables	0.9	0.87	0.87	0.91	0.78	0.83	-0.56	0.48	0.87	-0.77	1.0	0.83	0.79	-0.87	0.98	0.87	0.83		0.77	0.89	0.83	0.48	0.86	0.9	0.86	1.0
Good Will	0.93	0.95	0.72	0.77	0.89	0.99	-0.96	0.79	0.96	-0.92	0.73	0.89	1.0	-0.5	0.7	0.94	0.89	0.77		0.7	0.98	0.74	0.7	0.93	0.96	0.8
Common Stock Shares Outstanding	0.91	0.86	0.99	0.98	0.83	0.73	-0.48	0.4	0.86	-0.75	0.89	0.82	0.76	-0.64	0.92	0.86	0.82	0.89	0.7		0.8	0.4	0.98	0.9	0.86	0.88
Non Current Liabilities Total	0.98	0.99	0.8	0.87	0.88	0.98	-0.9	0.77	0.99	-0.93	0.8	0.95	0.99	-0.59	0.77	0.99	0.95	0.83	0.98	0.8		0.74	0.77	0.98	0.99	0.86
Other Current Assets	0.64	0.73	0.36	0.47	0.41	0.72	-0.78	0.99	0.71	-0.88	0.46	0.83	0.7	-0.25	0.38	0.74	0.83	0.48	0.74	0.4	0.74		0.38	0.65	0.7	0.54
Other Stockholder Equity	0.88	0.83	0.99	0.94	0.87	0.72	-0.49	0.39	0.84	-0.75	0.86	0.77	0.76	-0.56	0.92	0.83	0.77	0.86	0.7	0.98	0.77	0.38		0.87	0.84	0.86
Total Liab	1.0	0.99	0.9	0.95	0.89	0.94	-0.79	0.67	0.99	-0.9	0.88	0.95	0.95	-0.66	0.86	0.99	0.95	0.9	0.93	0.9	0.98	0.65	0.87		0.99	0.91
Net Invested Capital	0.99	1.0	0.86	0.91	0.9	0.96	-0.85	0.73	1.0	-0.93	0.84	0.95	0.98	-0.6	0.82	0.99	0.95	0.86	0.96	0.86	0.99	0.7	0.84	0.99		0.89
Total Current Assets	0.91	0.89	0.87	0.92	0.78	0.86	-0.6	0.54	0.89	-0.81	0.99	0.87	0.82	-0.86	0.97	0.89	0.87	1.0	0.8	0.88	0.86	0.54	0.86	0.91	0.89

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Direct Capital Expenditures vs Free Cash Flow Analysis

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Capital Expenditures

Free Cash Flow

Direct Digital fundamental ratios Correlations

Direct Digital Account Relationship Matchups

High Positive Relationship

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COMMON DESTINATIONS

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Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Short Long Term Debt Total
Net Invested Capital	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Net Debt
Net Invested Capital	+ 1.0	Net Debt

Cash And Short Term Investments	- 0.96	Retained Earnings
Cash	- 0.96	Retained Earnings
Good Will	- 0.96	Net Tangible Assets
Long Term Debt	- 0.94	Retained Earnings
Retained Earnings	- 0.94	Short Long Term Debt Total
Net Invested Capital	- 0.93	Retained Earnings