Digatrade Financial Current Ratio vs. Retained Earnings
| DIGAF Stock | USD 0.0001 0.00 0.00% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 0.41 | Current Value 0.4 | Quarterly Volatility 0.24562282 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.15 | 0.18 |
|
|
For Digatrade Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Digatrade Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Digatrade Financial Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Digatrade Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Digatrade Financial Corp over time as well as its relative position and ranking within its peers.
Digatrade |
Is IT Consulting & Other Services 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 Digatrade Financial. If investors know Digatrade 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 Digatrade Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (0.67) |
The market value of Digatrade Financial Corp is measured differently than its book value, which is the value of Digatrade that is recorded on the company's balance sheet. Investors also form their own opinion of Digatrade Financial's value that differs from its market value or its book value, called intrinsic value, which is Digatrade Financial'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 Digatrade Financial's market value can be influenced by many factors that don't directly affect Digatrade Financial'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 Digatrade Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digatrade Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digatrade Financial'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.
Digatrade Financial Corp Retained Earnings vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Digatrade Financial's current stock value. Our valuation model uses many indicators to compare Digatrade Financial value to that of its competitors to determine the firm's financial worth. Digatrade Financial Corp is rated below average in current ratio category among its peers. It is rated below average in retained earnings category among its peers . At this time, Digatrade Financial's Current Ratio is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Digatrade Financial by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Digatrade Retained Earnings vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Digatrade Financial |
| = | 0.31 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Digatrade Financial |
| = | (10.07 M) |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Digatrade Retained Earnings Comparison
Digatrade Financial is currently under evaluation in retained earnings category among its peers.
Digatrade Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Digatrade Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Digatrade Financial will eventually generate negative long term returns. The profitability progress is the general direction of Digatrade Financial's change in net profit over the period of time. It can combine multiple indicators of Digatrade Financial, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -439.1 K | -461 K | |
| Net Income From Continuing Ops | 393.2 K | 412.8 K | |
| Income Before Tax | 393.2 K | 412.8 K | |
| Total Other Income Expense Net | 1 M | 1.1 M | |
| Net Income Applicable To Common Shares | 393.2 K | 412.8 K | |
| Net Income | 393.2 K | 412.8 K | |
| Net Interest Income | -193.8 K | -203.5 K | |
| Change To Netincome | -1.1 M | -1.1 M | |
| Income Quality | (1.48) | (1.40) | |
| Net Income Per E B T | 1.37 | 1.30 |
Digatrade Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Digatrade Financial. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Digatrade Financial position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Digatrade Financial's important profitability drivers and their relationship over time.
Use Digatrade Financial in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Digatrade Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Digatrade Financial will appreciate offsetting losses from the drop in the long position's value.Digatrade Financial Pair Trading
Digatrade Financial Corp Pair Trading Analysis
The ability to find closely correlated positions to Digatrade Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Digatrade Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Digatrade Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Digatrade Financial Corp to buy it.
The correlation of Digatrade Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Digatrade Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Digatrade Financial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Digatrade Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Digatrade Financial position
In addition to having Digatrade Financial in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Hybrid Mix Funds Thematic Idea Now
Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Hybrid Mix Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Investing Opportunities. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
To fully project Digatrade Financial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Digatrade Financial Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Digatrade Financial's income statement, its balance sheet, and the statement of cash flows.