Digi Fixed Asset Turnover from 2010 to 2024
| DGII Stock | USD 25.73 0.23 0.90% |
Fixed Asset Turnover | First Reported 2010-12-31 | Previous Quarter 9.54 | Current Value 9.57 | Quarterly Volatility 7.67831689 |
Check Digi International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Digi main balance sheet or income statement drivers, such as Depreciation And Amortization of 41 M, Interest Expense of 30.5 M or Selling General Administrative of 37 M, as well as many exotic indicators such as Price To Sales Ratio of 2.24, Dividend Yield of 0.0 or PTB Ratio of 2.88. Digi financial statements analysis is a perfect complement when working with Digi International Valuation or Volatility modules.
Digi | Fixed Asset Turnover |
Latest Digi International's Fixed Asset Turnover Growth Pattern
Below is the plot of the Fixed Asset Turnover of Digi International over the last few years. It is Digi International's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Digi International's overall financial position and show how it may be relating to other accounts over time.
| Fixed Asset Turnover | 10 Years Trend |
|
Fixed Asset Turnover |
| Timeline |
Digi Fixed Asset Turnover Regression Statistics
| Arithmetic Mean | 15.29 | |
| Geometric Mean | 14.03 | |
| Coefficient Of Variation | 50.23 | |
| Mean Deviation | 5.08 | |
| Median | 14.05 | |
| Standard Deviation | 7.68 | |
| Sample Variance | 58.96 | |
| Range | 27.371 | |
| R-Value | (0.44) | |
| Mean Square Error | 51.46 | |
| R-Squared | 0.19 | |
| Significance | 0.10 | |
| Slope | (0.75) | |
| Total Sum of Squares | 825.39 |
Digi Fixed Asset Turnover History
About Digi International Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Digi International income statement, its balance sheet, and the statement of cash flows. Digi International investors use historical funamental indicators, such as Digi International's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Digi International investors may use each financial statement separately, they are all related. The changes in Digi International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Digi International'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 Digi International Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Digi International. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Fixed Asset Turnover | 9.54 | 9.57 |
Pair Trading with Digi International
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 Digi International 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 Digi International will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Digi International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Digi International 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 Digi International - 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 Digi International to buy it.
The correlation of Digi International 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 Digi International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Digi International 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 Digi International 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.Check out the analysis of Digi International Correlation against competitors. 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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When running Digi International's price analysis, check to measure Digi International'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 Digi International is operating at the current time. Most of Digi International's value examination focuses on studying past and present price action to predict the probability of Digi International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digi International's price. Additionally, you may evaluate how the addition of Digi International to your portfolios can decrease your overall portfolio volatility.
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Is Digi International'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 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 (0.31) | Earnings Share 0.38 | Revenue Per Share 12.146 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0346 |
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.