Doubledown Other Current Assets vs Net Receivables 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 Other Current Assets and its Net Receivables 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.

Other Current Assets vs Net Receivables

Other Current Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Doubledown InteractiveCo Other Current Assets account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Doubledown InteractiveCo's Other Current Assets and Net Receivables is 0.81. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Receivables 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 Other Current Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Doubledown InteractiveCo are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Assets i.e., Doubledown InteractiveCo's Other Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Net Receivables

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 Amortization18.9M3.8M3.5M3.3M
Interest Income208K5.0M12.8M13.4M

Doubledown InteractiveCo fundamental ratios Correlations

-0.48-0.23-0.570.610.320.36-0.540.490.220.58-0.260.42-0.490.460.34-0.120.340.02-0.480.560.52-0.530.220.32-0.37
-0.48-0.440.79-0.97-0.69-0.960.99-0.87-0.28-0.880.84-0.560.99-0.87-0.820.71-0.94-0.10.98-0.92-0.490.990.29-0.690.88
-0.23-0.440.030.270.060.46-0.470.39-0.070.52-0.680.0-0.440.60.18-0.730.430.12-0.440.49-0.08-0.35-0.50.06-0.36
-0.570.790.03-0.84-0.93-0.640.76-0.6-0.07-0.610.45-0.380.74-0.55-0.690.26-0.710.310.7-0.7-0.660.820.0-0.930.9
0.61-0.970.27-0.840.690.9-0.970.810.260.9-0.720.52-0.960.860.82-0.570.940.07-0.940.930.61-0.97-0.050.69-0.86
0.32-0.690.06-0.930.690.55-0.650.56-0.180.49-0.470.38-0.620.470.68-0.320.61-0.31-0.590.610.43-0.71-0.181.0-0.92
0.36-0.960.46-0.640.90.55-0.940.890.370.82-0.870.65-0.980.840.85-0.780.930.3-0.990.860.33-0.96-0.390.55-0.76
-0.540.99-0.470.76-0.97-0.65-0.94-0.89-0.22-0.930.86-0.580.99-0.92-0.820.74-0.93-0.150.98-0.96-0.460.980.26-0.650.87
0.49-0.870.39-0.60.810.560.89-0.890.070.83-0.940.86-0.870.870.88-0.880.780.48-0.910.880.06-0.88-0.480.56-0.74
0.22-0.28-0.07-0.070.26-0.180.37-0.220.070.03-0.020.04-0.36-0.01-0.020.060.22-0.03-0.340.010.47-0.29-0.07-0.180.12
0.58-0.880.52-0.610.90.490.82-0.930.830.03-0.830.49-0.880.990.74-0.730.870.25-0.870.990.38-0.86-0.070.49-0.77
-0.260.84-0.680.45-0.72-0.47-0.870.86-0.94-0.02-0.83-0.70.83-0.89-0.780.98-0.77-0.450.88-0.860.030.820.6-0.470.72
0.42-0.560.0-0.380.520.380.65-0.580.860.040.49-0.7-0.570.540.8-0.690.470.69-0.650.55-0.25-0.62-0.480.38-0.44
-0.490.99-0.440.74-0.96-0.62-0.980.99-0.87-0.36-0.880.83-0.57-0.87-0.810.71-0.94-0.150.99-0.91-0.490.990.28-0.620.82
0.46-0.870.6-0.550.860.470.84-0.920.87-0.010.99-0.890.54-0.870.78-0.820.880.34-0.880.980.25-0.85-0.180.47-0.76
0.34-0.820.18-0.690.820.680.85-0.820.88-0.020.74-0.780.8-0.810.78-0.70.860.43-0.840.810.12-0.85-0.240.68-0.79
-0.120.71-0.730.26-0.57-0.32-0.780.74-0.880.06-0.730.98-0.690.71-0.82-0.7-0.66-0.570.77-0.750.230.680.66-0.320.58
0.34-0.940.43-0.710.940.610.93-0.930.780.220.87-0.770.47-0.940.880.86-0.660.18-0.930.90.47-0.93-0.090.61-0.83
0.02-0.10.120.310.07-0.310.3-0.150.48-0.030.25-0.450.69-0.150.340.43-0.570.18-0.260.22-0.62-0.13-0.27-0.310.13
-0.480.98-0.440.7-0.94-0.59-0.990.98-0.91-0.34-0.870.88-0.650.99-0.88-0.840.77-0.93-0.26-0.91-0.390.980.35-0.590.8
0.56-0.920.49-0.70.930.610.86-0.960.880.010.99-0.860.55-0.910.980.81-0.750.90.22-0.910.38-0.91-0.140.61-0.85
0.52-0.49-0.08-0.660.610.430.33-0.460.060.470.380.03-0.25-0.490.250.120.230.47-0.62-0.390.38-0.490.440.43-0.44
-0.530.99-0.350.82-0.97-0.71-0.960.98-0.88-0.29-0.860.82-0.620.99-0.85-0.850.68-0.93-0.130.98-0.91-0.490.27-0.710.87
0.220.29-0.50.0-0.05-0.18-0.390.26-0.48-0.07-0.070.6-0.480.28-0.18-0.240.66-0.09-0.270.35-0.140.440.27-0.180.22
0.32-0.690.06-0.930.691.00.55-0.650.56-0.180.49-0.470.38-0.620.470.68-0.320.61-0.31-0.590.610.43-0.71-0.18-0.92
-0.370.88-0.360.9-0.86-0.92-0.760.87-0.740.12-0.770.72-0.440.82-0.76-0.790.58-0.830.130.8-0.85-0.440.870.22-0.92
Click cells to compare fundamentals

Doubledown InteractiveCo Account Relationship Matchups

Doubledown InteractiveCo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets815.4M806.8M969.9M792.1M841.0M925.0M
Short Long Term Debt Total390.3M56.8M49.9M44.1M46.4M44.1M
Other Current Liab432K3.6M730K97.2M10.5M10.0M
Total Current Liabilities50.5M25.6M20.8M116.5M68.3M56.6M
Total Stockholder Equity380.7M699.5M864.0M626.2M765.6M672.1M
Property Plant And Equipment Net12.8M10.4M7.3M4.3M7.6M7.8M
Current Deferred Revenue1.8M2.4M2.2M2.4M2.5M2.4M
Net Debt347.9M(6.4M)(192.1M)(173.2M)(160.8M)(152.7M)
Retained Earnings16.1M69.7M147.9M226.4M367.3M385.7M
Accounts Payable10.9M16.6M14.8M13.8M13.3M15.4M
Cash42.4M63.2M242.1M217.4M207.2M147.2M
Non Current Assets Total749.5M716.3M699.2M479.1M524.6M525.2M
Non Currrent Assets Other113K71K100.4K68.0K47.3M49.6M
Long Term Debt342.5M46.0M42.2M39.5M35.5M33.7M
Cash And Short Term Investments42.4M63.2M242.1M285.2M275.0M172.1M
Net Receivables19.8M23.3M21.9M21.2M34.8M25.1M
Liabilities And Stockholders Equity815.4M806.8M969.9M792.1M841.0M925.0M
Non Current Liabilities Total384.2M81.7M85.1M49.3M6.9M6.6M
Capital Lease Obligations13.2M10.9M7.8M4.7M7.6M8.1M
Other Current Assets3.6M4.0M6.8M6.4M6.6M5.6M
Other Stockholder Equity344.5M588.1M671.8M359.3M279.2M344.3M
Total Liab434.7M107.3M105.9M165.8M75.3M71.5M
Net Invested Capital757.7M745.5M906.2M665.7M766.5M615.8M
Property Plant And Equipment Gross12.8M10.4M7.3M4.3M7.6M7.8M
Total Current Assets65.9M90.5M270.8M312.9M316.4M202.8M
Accumulated Other Comprehensive Income9.4M22.8M23.0M19.4M99.9M104.9M
Non Current Liabilities Other7.3M7.7M10.0M8.3M1.7M1.6M
Net Working Capital15.4M64.9M249.9M196.4M247.2M124.9M
Short Term Debt37.3M3.0M3.1M3.1M42.0M28.3M
Intangible Assets102.7M71.4M53.7M35.1M51.6M60.0M

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 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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.
Global Correlations
Find global opportunities by holding instruments from different markets
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
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.