Digi International Financials

DGII Stock  USD 31.75  1.11  3.62%   
Based on the analysis of Digi International's profitability, liquidity, and operating efficiency, Digi International is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in April. As of now, Digi International's Total Stockholder Equity is increasing as compared to previous years. The Digi International's current Property Plant And Equipment Net is estimated to increase to about 50.7 M, while Common Stock Shares Outstanding is projected to decrease to under 24.2 M. Key indicators impacting Digi International's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.06420.064
Slightly Up
Pretty Stable
Return On Assets0.06460.0341
Way Up
Slightly volatile
Return On Equity0.07520.0527
Significantly Up
Slightly volatile
Current Ratio2.112.22
Notably Down
Slightly volatile
The financial analysis of Digi International is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Digi International includes many different criteria found on its balance sheet. For example, investors should never minimize Digi International's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Digi International's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Digi International.

Net Income

29.91 Million

With this module, you can analyze Digi financials for your investing period. You should be able to track the changes in Digi International individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Digi International Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Digi International's financial statements are interrelated, with each one affecting the others. For example, an increase in Digi International's assets may result in an increase in income on the income statement.
Evaluating Digi International's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Digi International's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Digi International's relative financial performance

Chance Of Distress

Less than 3

 
100  
 
Zero
Very Low
Digi International has less than 3 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Digi International stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Digi International's odds of distress score SHOULD NOT be confused with the real chance of Digi International filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Digi is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Digi International's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Digi International's official financial statements usually reflect Digi International's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Digi International. For example, before you start analyzing numbers published by Digi accountants, it's critical to develop an understanding of what Digi International's liquidity, profitability, and earnings quality are in the context of the Communications Equipment space in which it operates.
Please note, the presentation of Digi International's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Digi International's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Digi International's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Digi International. Please utilize our Beneish M Score to check the likelihood of Digi International's management manipulating its earnings.

Digi International Company Summary

Digi International competes with Desktop Metal, Fabrinet, Kimball Electronics, Knowles Cor, and Minim. Digi International Inc. provides business and mission-critical Internet of Things products, services, and solutions in the United States and internationally. Digi International Inc. was incorporated in 1985 and is headquartered in Hopkins, Minnesota. Digi Intl operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 659 people.
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0000854775
ISINUS2537981027
CUSIP253798102
RegionNorth America
LocationMinnesota; U.S.A
Business Address9350 Excelsior Boulevard,
SectorCommunications Equipment
IndustryInformation Technology
BenchmarkNYSE Composite
Websitewww.digi.com
Phone952 912 3444
CurrencyUSD - US Dollar
You should never invest in Digi International without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Digi Stock, because this is throwing your money away. Analyzing the key information contained in Digi International's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Digi International Key Financial Ratios

Generally speaking, Digi International's financial ratios allow both analysts and investors to convert raw data from Digi International's financial statements into concise, actionable information that can be used to evaluate the performance of Digi International over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Digi International reports annually and quarterly.

Digi International Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets528.7M619.5M853.9M835.5M960.9M1.0B
Other Current Liab21.0M20.1M28.8M28.0M32.2M33.8M
Net Debt25.5M(85.6M)(19.4M)171.9M154.7M162.4M
Retained Earnings170.3M180.7M200.1M224.8M258.6M271.5M
Cash54.1M152.4M34.9M31.7M36.4M39.3M
Net Receivables59.2M43.7M54.2M56.0M64.4M67.6M
Inventory51.6M43.9M73.2M74.4M85.6M89.8M
Total Liab157.2M147.0M352.4M295.0M339.3M356.3M
Total Current Assets170.1M246.7M166.2M166.2M191.1M129.0M
Other Current Assets5.1M6.6M3.9M4.1M3.7M5.7M
Accounts Payable28.1M22.6M32.4M17.1M19.7M10.7M
Intangible Assets121.2M118.0M302.1M277.1M318.6M334.6M
Short Term Debt(5.0M)4.5M2.6M15.5M17.9M18.7M
Common Stock355K407K420K425K488.8K323.8K
Other Assets8.2M1.4M372.9M687.7M790.8M830.4M
Good Will210.1M225.5M340.5M341.6M307.4M292.1M
Treasury Stock(54.3M)(55.1M)(56.5M)(58.2M)(52.4M)(55.0M)
Other Liab5.3M20.8M23.9M16.4M18.9M9.6M
Net Tangible Assets164.9M40.1M472.5M501.5M576.7M605.6M
Capital Surpluse266.6M279.7M370.7M385.2M443.0M283.6M

Digi International Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Digi International's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense3.6M1.4M19.7M25.2M29.0M30.5M
Total Revenue279.3M308.6M388.2M444.8M511.6M537.2M
Gross Profit144.0M166.7M216.3M252.2M290.0M304.5M
Operating Income(7.7M)(8.4M)(11.2M)50.1M45.1M47.3M
Ebit(7.7M)(8.4M)(11.2M)50.1M45.1M47.3M
Ebitda11.6M12.5M26.4M50.1M57.6M60.5M
Cost Of Revenue135.3M142.0M171.9M192.6M221.5M232.6M
Income Before Tax7.5M9.0M18.6M24.9M28.7M30.1M
Net Income8.4M10.4M19.4M24.8M28.5M29.9M
Income Tax Expense(948K)(1.4M)(755K)148K133.2K126.5K
Research Development43.8M46.6M55.1M58.6M67.4M70.8M
Tax Provision(948K)(1.4M)(755K)148K133.2K126.5K
Interest Income733K304K10K11K9.9K9.4K
Net Interest Income(3.3M)(1.4M)(19.7M)(24M)(21.6M)(20.5M)

Digi International Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Digi International. It measures of how well Digi is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Digi International brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Digi had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Digi International has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(11.1M)4.7M(41.4M)(5.1M)(4.6M)(4.8M)
Change In Cash(38.7M)98.3M(117.5M)(3.2M)(2.9M)(2.7M)
Free Cash Flow33.6M55.5M35.8M32.4M37.3M39.1M
Depreciation19.3M20.9M37.6M6.8M7.8M10.4M
Other Non Cash Items5.0M9.4M940K28.2M32.4M34.0M
Capital Expenditures899K2.3M2.0M4.3M3.9M3.6M
Net Income8.4M10.4M19.4M24.8M28.5M29.9M
End Period Cash Flow54.1M152.4M34.9M31.7M36.4M41.3M
Change To Netincome4.0M8.9M26.5M18.4M21.1M22.2M
Investments(137.0M)(21.4M)(349.5M)(4.3M)(3.9M)(4.1M)

Digi Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Digi International's current stock value. Our valuation model uses many indicators to compare Digi International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Digi International competition to find correlations between indicators driving Digi International's intrinsic value. More Info.
Digi International is rated # 5 in current liabilities category among related companies. It is rated # 5 in shares outstanding category among related companies creating about  1.52  of Shares Outstanding per Current Liabilities. The current Common Stock Shares Outstanding is estimated to decrease to about 24.2 M. Comparative valuation analysis is a catch-all model that can be used if you cannot value Digi International by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Digi International's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Digi International's earnings, one of the primary drivers of an investment's value.

Digi International Systematic Risk

Digi International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Digi International volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Digi International correlated with the market. If Beta is less than 0 Digi International generally moves in the opposite direction as compared to the market. If Digi International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Digi International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Digi International is generally in the same direction as the market. If Beta > 1 Digi International moves generally in the same direction as, but more than the movement of the benchmark.

About Digi International Financials

What exactly are Digi International Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Digi International's income statement, its balance sheet, and the statement of cash flows. Potential Digi International investors and stakeholders use financial statements 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. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Digi International Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Digi International is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Digi has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Digi International's financials are consistent with your investment objective using the following steps:
  • Review Digi International's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Digi International's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Digi International's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Digi International's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Digi International Thematic Clasifications

Digi International is part of several thematic ideas from IT to Wireless. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Digi International Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Digi International's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Digi International growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.45

As of now, Digi International's Price Earnings To Growth Ratio is increasing as compared to previous years.

Digi International March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Digi International help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Digi International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Digi International based on widely used predictive technical indicators. In general, we focus on analyzing Digi Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Digi International's daily price indicators and compare them against related drivers.
When determining whether Digi International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Digi International'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 Digi International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digi International Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digi International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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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
(0.45)
Earnings Share
0.43
Revenue Per Share
12.285
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0373
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.