Doubledown Non Current Liabilities Total vs Net Invested Capital Analysis
DDI Stock | USD 12.41 0.59 4.54% |
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 Non Current Liabilities Total and its Net Invested Capital 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.
Non Current Liabilities Total vs Net Invested Capital
Non Current Liabilities Total vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Doubledown InteractiveCo Non Current Liabilities Total account and Net Invested Capital. At this time, the significance of the direction appears to have weak relationship.
The correlation between Doubledown InteractiveCo's Non Current Liabilities Total and Net Invested Capital is 0.35. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Invested Capital 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 Non Current Liabilities Total and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Doubledown InteractiveCo are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Non Current Liabilities Total i.e., Doubledown InteractiveCo's Non Current Liabilities Total and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Current Liabilities Total
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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 |
Doubledown InteractiveCo fundamental ratios Correlations
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Doubledown InteractiveCo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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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.