Doubledown Deferred Long Term Liab vs Short Term Debt Analysis

DDI Stock

USD 10.78 0.09 0.84%

Doubledown InteractiveCo financial indicator trend analysis is much more than just examining Doubledown InteractiveCo latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Doubledown InteractiveCo is a good investment. Please check the relationship between Doubledown InteractiveCo Deferred Long Term Liab and its Short Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Doubledown InteractiveCo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

For more detail on how to invest in Doubledown Stock please use our How to Invest in Doubledown InteractiveCo guide.

Deferred Long Term Liab vs Short Term Debt

Deferred Long Term Liab vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Doubledown InteractiveCo Deferred Long Term Liab account and Short Term Debt. At this time, the significance of the direction appears to have weak relationship.

The correlation between Doubledown InteractiveCo's Deferred Long Term Liab and Short Term Debt is 0.35. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Doubledown InteractiveCo, assuming nothing else is changed. The correlation between historical values of Doubledown InteractiveCo's Deferred Long Term Liab and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Doubledown InteractiveCo are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Deferred Long Term Liab i.e., Doubledown InteractiveCo's Deferred Long Term Liab and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.35

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Short Term Debt

Most indicators from Doubledown InteractiveCo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Doubledown InteractiveCo 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 Doubledown InteractiveCo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

For more detail on how to invest in Doubledown Stock please use our How to Invest in Doubledown InteractiveCo guide.As of now, Doubledown InteractiveCo's Selling General Administrative is increasing as compared to previous years. The Doubledown InteractiveCo's current Issuance Of Capital Stock is estimated to increase to 0.00, while Tax Provision is forecasted to increase to (36.2 M).

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	18.9M	3.8M	3.5M	3.3M
Interest Income	208K	5.0M	12.8M	13.4M

Depreciation And Amortization Interest Income

Doubledown InteractiveCo fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt
Total Assets		-0.48	-0.23	-0.57	0.61	0.32	0.36	-0.54	0.49	0.22	0.58	-0.26	0.42	-0.49	0.46	0.34	-0.12	0.34	0.02	-0.48	0.56	0.52	-0.53	0.22	0.32	-0.37
Short Long Term Debt Total	-0.48		-0.44	0.79	-0.97	-0.69	-0.96	0.99	-0.87	-0.28	-0.88	0.84	-0.56	0.99	-0.87	-0.82	0.71	-0.94	-0.1	0.98	-0.92	-0.49	0.99	0.29	-0.69	0.88
Other Current Liab	-0.23	-0.44		0.03	0.27	0.06	0.46	-0.47	0.39	-0.07	0.52	-0.68	0.0	-0.44	0.6	0.18	-0.73	0.43	0.12	-0.44	0.49	-0.08	-0.35	-0.5	0.06	-0.36
Total Current Liabilities	-0.57	0.79	0.03		-0.84	-0.93	-0.64	0.76	-0.6	-0.07	-0.61	0.45	-0.38	0.74	-0.55	-0.69	0.26	-0.71	0.31	0.7	-0.7	-0.66	0.82	0.0	-0.93	0.9
Total Stockholder Equity	0.61	-0.97	0.27	-0.84		0.69	0.9	-0.97	0.81	0.26	0.9	-0.72	0.52	-0.96	0.86	0.82	-0.57	0.94	0.07	-0.94	0.93	0.61	-0.97	-0.05	0.69	-0.86
Property Plant And Equipment Net	0.32	-0.69	0.06	-0.93	0.69		0.55	-0.65	0.56	-0.18	0.49	-0.47	0.38	-0.62	0.47	0.68	-0.32	0.61	-0.31	-0.59	0.61	0.43	-0.71	-0.18	1.0	-0.92
Current Deferred Revenue	0.36	-0.96	0.46	-0.64	0.9	0.55		-0.94	0.89	0.37	0.82	-0.87	0.65	-0.98	0.84	0.85	-0.78	0.93	0.3	-0.99	0.86	0.33	-0.96	-0.39	0.55	-0.76
Net Debt	-0.54	0.99	-0.47	0.76	-0.97	-0.65	-0.94		-0.89	-0.22	-0.93	0.86	-0.58	0.99	-0.92	-0.82	0.74	-0.93	-0.15	0.98	-0.96	-0.46	0.98	0.26	-0.65	0.87
Retained Earnings	0.49	-0.87	0.39	-0.6	0.81	0.56	0.89	-0.89		0.07	0.83	-0.94	0.86	-0.87	0.87	0.88	-0.88	0.78	0.48	-0.91	0.88	0.06	-0.88	-0.48	0.56	-0.74
Accounts Payable	0.22	-0.28	-0.07	-0.07	0.26	-0.18	0.37	-0.22	0.07		0.03	-0.02	0.04	-0.36	-0.01	-0.02	0.06	0.22	-0.03	-0.34	0.01	0.47	-0.29	-0.07	-0.18	0.12
Cash	0.58	-0.88	0.52	-0.61	0.9	0.49	0.82	-0.93	0.83	0.03		-0.83	0.49	-0.88	0.99	0.74	-0.73	0.87	0.25	-0.87	0.99	0.38	-0.86	-0.07	0.49	-0.77
Non Current Assets Total	-0.26	0.84	-0.68	0.45	-0.72	-0.47	-0.87	0.86	-0.94	-0.02	-0.83		-0.7	0.83	-0.89	-0.78	0.98	-0.77	-0.45	0.88	-0.86	0.03	0.82	0.6	-0.47	0.72
Non Currrent Assets Other	0.42	-0.56	0.0	-0.38	0.52	0.38	0.65	-0.58	0.86	0.04	0.49	-0.7		-0.57	0.54	0.8	-0.69	0.47	0.69	-0.65	0.55	-0.25	-0.62	-0.48	0.38	-0.44
Long Term Debt	-0.49	0.99	-0.44	0.74	-0.96	-0.62	-0.98	0.99	-0.87	-0.36	-0.88	0.83	-0.57		-0.87	-0.81	0.71	-0.94	-0.15	0.99	-0.91	-0.49	0.99	0.28	-0.62	0.82
Cash And Short Term Investments	0.46	-0.87	0.6	-0.55	0.86	0.47	0.84	-0.92	0.87	-0.01	0.99	-0.89	0.54	-0.87		0.78	-0.82	0.88	0.34	-0.88	0.98	0.25	-0.85	-0.18	0.47	-0.76
Net Receivables	0.34	-0.82	0.18	-0.69	0.82	0.68	0.85	-0.82	0.88	-0.02	0.74	-0.78	0.8	-0.81	0.78		-0.7	0.86	0.43	-0.84	0.81	0.12	-0.85	-0.24	0.68	-0.79
Good Will	-0.12	0.71	-0.73	0.26	-0.57	-0.32	-0.78	0.74	-0.88	0.06	-0.73	0.98	-0.69	0.71	-0.82	-0.7		-0.66	-0.57	0.77	-0.75	0.23	0.68	0.66	-0.32	0.58
Common Stock Total Equity	0.34	-0.94	0.43	-0.71	0.94	0.61	0.93	-0.93	0.78	0.22	0.87	-0.77	0.47	-0.94	0.88	0.86	-0.66		0.18	-0.93	0.9	0.47	-0.93	-0.09	0.61	-0.83
Common Stock Shares Outstanding	0.02	-0.1	0.12	0.31	0.07	-0.31	0.3	-0.15	0.48	-0.03	0.25	-0.45	0.69	-0.15	0.34	0.43	-0.57	0.18		-0.26	0.22	-0.62	-0.13	-0.27	-0.31	0.13
Non Current Liabilities Total	-0.48	0.98	-0.44	0.7	-0.94	-0.59	-0.99	0.98	-0.91	-0.34	-0.87	0.88	-0.65	0.99	-0.88	-0.84	0.77	-0.93	-0.26		-0.91	-0.39	0.98	0.35	-0.59	0.8
Other Current Assets	0.56	-0.92	0.49	-0.7	0.93	0.61	0.86	-0.96	0.88	0.01	0.99	-0.86	0.55	-0.91	0.98	0.81	-0.75	0.9	0.22	-0.91		0.38	-0.91	-0.14	0.61	-0.85
Other Stockholder Equity	0.52	-0.49	-0.08	-0.66	0.61	0.43	0.33	-0.46	0.06	0.47	0.38	0.03	-0.25	-0.49	0.25	0.12	0.23	0.47	-0.62	-0.39	0.38		-0.49	0.44	0.43	-0.44
Total Liab	-0.53	0.99	-0.35	0.82	-0.97	-0.71	-0.96	0.98	-0.88	-0.29	-0.86	0.82	-0.62	0.99	-0.85	-0.85	0.68	-0.93	-0.13	0.98	-0.91	-0.49		0.27	-0.71	0.87
Net Invested Capital	0.22	0.29	-0.5	0.0	-0.05	-0.18	-0.39	0.26	-0.48	-0.07	-0.07	0.6	-0.48	0.28	-0.18	-0.24	0.66	-0.09	-0.27	0.35	-0.14	0.44	0.27		-0.18	0.22
Property Plant And Equipment Gross	0.32	-0.69	0.06	-0.93	0.69	1.0	0.55	-0.65	0.56	-0.18	0.49	-0.47	0.38	-0.62	0.47	0.68	-0.32	0.61	-0.31	-0.59	0.61	0.43	-0.71	-0.18		-0.92
Short Long Term Debt	-0.37	0.88	-0.36	0.9	-0.86	-0.92	-0.76	0.87	-0.74	0.12	-0.77	0.72	-0.44	0.82	-0.76	-0.79	0.58	-0.83	0.13	0.8	-0.85	-0.44	0.87	0.22	-0.92

Click cells to compare fundamentals

Doubledown InteractiveCo Account Relationship Matchups

Doubledown InteractiveCo fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	815.4M	806.8M	969.9M	792.1M	841.0M	925.0M
Short Long Term Debt Total	390.3M	56.8M	49.9M	44.1M	46.4M	44.1M
Other Current Liab	432K	3.6M	730K	97.2M	10.5M	10.0M
Total Current Liabilities	50.5M	25.6M	20.8M	116.5M	68.3M	56.6M
Total Stockholder Equity	380.7M	699.5M	864.0M	626.2M	765.6M	672.1M
Property Plant And Equipment Net	12.8M	10.4M	7.3M	4.3M	7.6M	7.8M
Current Deferred Revenue	1.8M	2.4M	2.2M	2.4M	2.5M	2.4M
Net Debt	347.9M	(6.4M)	(192.1M)	(173.2M)	(160.8M)	(152.7M)
Retained Earnings	16.1M	69.7M	147.9M	226.4M	367.3M	385.7M
Accounts Payable	10.9M	16.6M	14.8M	13.8M	13.3M	15.4M
Cash	42.4M	63.2M	242.1M	217.4M	207.2M	147.2M
Non Current Assets Total	749.5M	716.3M	699.2M	479.1M	524.6M	525.2M
Non Currrent Assets Other	113K	71K	100.4K	68.0K	47.3M	49.6M
Long Term Debt	342.5M	46.0M	42.2M	39.5M	35.5M	33.7M
Cash And Short Term Investments	42.4M	63.2M	242.1M	285.2M	275.0M	172.1M
Net Receivables	19.8M	23.3M	21.9M	21.2M	34.8M	25.1M
Liabilities And Stockholders Equity	815.4M	806.8M	969.9M	792.1M	841.0M	925.0M
Non Current Liabilities Total	384.2M	81.7M	85.1M	49.3M	6.9M	6.6M
Capital Lease Obligations	13.2M	10.9M	7.8M	4.7M	7.6M	8.1M
Other Current Assets	3.6M	4.0M	6.8M	6.4M	6.6M	5.6M
Other Stockholder Equity	344.5M	588.1M	671.8M	359.3M	279.2M	344.3M
Total Liab	434.7M	107.3M	105.9M	165.8M	75.3M	71.5M
Net Invested Capital	757.7M	745.5M	906.2M	665.7M	766.5M	615.8M
Property Plant And Equipment Gross	12.8M	10.4M	7.3M	4.3M	7.6M	7.8M
Total Current Assets	65.9M	90.5M	270.8M	312.9M	316.4M	202.8M
Accumulated Other Comprehensive Income	9.4M	22.8M	23.0M	19.4M	99.9M	104.9M
Non Current Liabilities Other	7.3M	7.7M	10.0M	8.3M	1.7M	1.6M
Net Working Capital	15.4M	64.9M	249.9M	196.4M	247.2M	124.9M
Short Term Debt	37.3M	3.0M	3.1M	3.1M	42.0M	28.3M
Intangible Assets	102.7M	71.4M	53.7M	35.1M	51.6M	60.0M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Doubledown InteractiveCo in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Doubledown InteractiveCo's short interest history, or implied volatility extrapolated from Doubledown InteractiveCo options trading.

Pair Trading with Doubledown InteractiveCo

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 Doubledown InteractiveCo 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 Doubledown InteractiveCo will appreciate offsetting losses from the drop in the long position's value.

Moving against Doubledown Stock

0.47	GIGM	Giga Media	Pair Corr
0.46	NCTY	The9 Ltd ADR Downward Rally	Pair Corr

The ability to find closely correlated positions to Doubledown InteractiveCo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Doubledown InteractiveCo 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 Doubledown InteractiveCo - 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 Doubledown InteractiveCo to buy it.

The correlation of Doubledown InteractiveCo 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 Doubledown InteractiveCo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Doubledown InteractiveCo 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 Doubledown InteractiveCo 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.

Pair Correlation Correlation Matching

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:

How To Invest In Doubledown

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Is Doubledown Stock a good investment?

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What is Doubledown InteractiveCo's Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Doubledown InteractiveCo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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

0.28

Earnings Share

2.04

Revenue Per Share

8.1 K

Quarterly Revenue Growth

0.034

Return On Assets

0.0908

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.

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Doubledown Deferred Long Term Liab vs Short Term Debt Analysis

Deferred Long Term Liab vs Short Term Debt

Deferred Long Term Liab vs Short Term Debt Correlation Analysis

Correlation Coefficient

Deferred Long Term Liab

Short Term Debt

Doubledown InteractiveCo fundamental ratios Correlations

Doubledown InteractiveCo Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Doubledown InteractiveCo fundamental ratios Accounts

Pair Trading with Doubledown InteractiveCo

Moving against Doubledown Stock

Complementary Tools for Doubledown Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Net Debt	+ 0.99	Short Long Term Debt Total
Long Term Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Long Term Debt	+ 0.99	Net Debt
Cash And Short Term Investments	+ 0.99	Cash

Non Current Liabilities Total	- 0.99	Current Deferred Revenue
Long Term Debt	- 0.98	Current Deferred Revenue
Total Liab	- 0.97	Total Stockholder Equity
Net Debt	- 0.97	Total Stockholder Equity
Total Stockholder Equity	- 0.97	Short Long Term Debt Total
Other Current Assets	- 0.96	Net Debt