Doubledown Price To Sales Ratio from 2010 to 2024
| DDI Stock | USD 12.41 0.59 4.54% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 1.18037811 | Current Value 2.35 | Quarterly Volatility 0.77129813 |
Check Doubledown InteractiveCo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Doubledown main balance sheet or income statement drivers, such as Net Interest Income of 11.5 M, Interest Income of 13.4 M or Depreciation And Amortization of 3.3 M, as well as many exotic indicators such as Price To Sales Ratio of 2.35, Dividend Yield of 0.0 or PTB Ratio of 0.45. Doubledown financial statements analysis is a perfect complement when working with Doubledown InteractiveCo Valuation or Volatility modules.
Doubledown | Price To Sales Ratio |
Latest Doubledown InteractiveCo's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Doubledown InteractiveCo over the last few years. Price to Sales Ratio is figured by comparing Doubledown InteractiveCo stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Doubledown InteractiveCo sales, a figure that is much harder to manipulate than other Doubledown InteractiveCo multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period. Doubledown InteractiveCo's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Doubledown InteractiveCo's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0 X | 10 Years Trend |
|
Price To Sales Ratio |
| Timeline |
Doubledown Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 2.77 | |
| Geometric Mean | 2.64 | |
| Coefficient Of Variation | 27.86 | |
| Mean Deviation | 0.65 | |
| Median | 3.30 | |
| Standard Deviation | 0.77 | |
| Sample Variance | 0.59 | |
| Range | 2.1154 | |
| R-Value | (0.80) | |
| Mean Square Error | 0.23 | |
| R-Squared | 0.64 | |
| Significance | 0.0003 | |
| Slope | (0.14) | |
| Total Sum of Squares | 8.33 |
Doubledown Price To Sales Ratio History
About Doubledown InteractiveCo Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Doubledown InteractiveCo income statement, its balance sheet, and the statement of cash flows. Doubledown InteractiveCo investors use historical funamental indicators, such as Doubledown InteractiveCo's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Doubledown InteractiveCo investors may use each financial statement separately, they are all related. The changes in Doubledown InteractiveCo's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Doubledown InteractiveCo's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Doubledown InteractiveCo Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Doubledown InteractiveCo. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 1.18 | 2.35 |
Currently Active Assets on Macroaxis
When determining whether Doubledown InteractiveCo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Doubledown InteractiveCo'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 Interactiveco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Doubledown Interactiveco Stock:Check out the analysis of Doubledown InteractiveCo Correlation against competitors. For more detail on how to invest in Doubledown Stock please use our How to Invest in Doubledown InteractiveCo guide.Note that the Doubledown InteractiveCo information on this page should be used as a complementary analysis to other Doubledown InteractiveCo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Doubledown Stock analysis
When running Doubledown InteractiveCo's price analysis, check to measure Doubledown InteractiveCo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Doubledown InteractiveCo is operating at the current time. Most of Doubledown InteractiveCo's value examination focuses on studying past and present price action to predict the probability of Doubledown InteractiveCo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Doubledown InteractiveCo's price. Additionally, you may evaluate how the addition of Doubledown InteractiveCo to your portfolios can decrease your overall portfolio volatility.
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Is Doubledown InteractiveCo's industry 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 InteractiveCo. 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 InteractiveCo 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 0.281 | Earnings Share 2.17 | Revenue Per Share 6.446 | Quarterly Revenue Growth 0.136 | Return On Assets 0.0943 |
The market value of Doubledown InteractiveCo 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 InteractiveCo's value that differs from its market value or its book value, called intrinsic value, which is Doubledown InteractiveCo'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 InteractiveCo's market value can be influenced by many factors that don't directly affect Doubledown InteractiveCo'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 InteractiveCo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Doubledown InteractiveCo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Doubledown InteractiveCo'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.