Digi Current Deferred Revenue vs Net Invested Capital Analysis

DGII Stock

USD 26.39 0.21 0.79%

Digi International financial indicator trend analysis is much more than just examining Digi International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digi International is a good investment. Please check the relationship between Digi International Current Deferred Revenue and its Net Invested Capital accounts. 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.

Current Deferred Revenue vs Net Invested Capital

Current Deferred Revenue vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digi International Current Deferred Revenue account and Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Digi International's Current Deferred Revenue and Net Invested Capital is -0.5. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Digi International, assuming nothing else is changed. The correlation between historical values of Digi International's Current Deferred Revenue 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 Current Deferred Revenue of Digi International 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 Current Deferred Revenue i.e., Digi International's Current Deferred Revenue and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.5

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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 Digi International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digi International 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 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.As of now, Digi International's Discontinued Operations is increasing as compared to previous years. The Digi International's current Sales General And Administrative To Revenue is estimated to increase to 0.25, while Selling General Administrative is projected to decrease to under 37 M.

	2021	2022	2023	2024 (projected)
Interest Expense	19.7M	25.2M	29.0M	30.5M
Depreciation And Amortization	37.6M	34.0M	39.0M	41.0M

Interest Expense Depreciation And Amortization

Digi International fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Non Currrent Assets Other	Other Current Assets	Accounts Payable	Intangible Assets	Short Long Term Debt Total	Short Term Debt	Common Stock Total Equity	Common Stock
Total Assets		0.91	0.98	0.97	0.98	0.72	0.95	0.01	0.99	-0.23	0.86	0.65	0.95	0.98	0.98	0.96	0.97	0.39	0.82	0.56	0.62	0.96	0.71	0.55	0.79	0.81
Other Current Liab	0.91		0.93	0.88	0.91	0.66	0.86	0.0	0.89	-0.2	0.84	0.58	0.85	0.9	0.88	0.88	0.87	0.39	0.78	0.56	0.65	0.86	0.64	0.35	0.72	0.73
Total Current Liabilities	0.98	0.93		0.93	0.96	0.73	0.91	-0.05	0.98	-0.34	0.88	0.67	0.96	0.98	0.93	0.98	0.95	0.31	0.81	0.51	0.7	0.97	0.64	0.52	0.77	0.78
Total Stockholder Equity	0.97	0.88	0.93		0.93	0.63	0.99	0.16	0.93	-0.05	0.89	0.59	0.85	0.96	1.0	0.88	0.91	0.54	0.8	0.64	0.59	0.87	0.73	0.44	0.82	0.83
Property Plant And Equipment Net	0.98	0.91	0.96	0.93		0.77	0.89	-0.08	0.98	-0.26	0.77	0.64	0.97	0.95	0.94	0.97	0.98	0.31	0.82	0.54	0.57	0.96	0.7	0.59	0.74	0.75
Net Debt	0.72	0.66	0.73	0.63	0.77		0.62	-0.52	0.79	-0.62	0.53	0.48	0.79	0.75	0.62	0.78	0.78	-0.19	0.86	0.16	0.15	0.81	0.84	0.74	0.39	0.42
Retained Earnings	0.95	0.86	0.91	0.99	0.89	0.62		0.16	0.9	-0.04	0.92	0.55	0.81	0.95	0.98	0.84	0.86	0.55	0.79	0.63	0.58	0.83	0.75	0.41	0.81	0.82
Cash	0.01	0.0	-0.05	0.16	-0.08	-0.52	0.16		-0.13	0.83	0.15	0.01	-0.22	-0.08	0.17	-0.18	-0.08	0.77	-0.03	0.5	0.26	-0.21	-0.17	-0.63	0.26	0.25
Non Current Assets Total	0.99	0.89	0.98	0.93	0.98	0.79	0.9	-0.13		-0.37	0.82	0.67	0.98	0.98	0.93	0.99	0.98	0.24	0.82	0.46	0.59	0.99	0.7	0.64	0.74	0.76
Cash And Short Term Investments	-0.23	-0.2	-0.34	-0.05	-0.26	-0.62	-0.04	0.83	-0.37		-0.15	-0.34	-0.45	-0.31	-0.04	-0.43	-0.29	0.67	-0.27	0.39	-0.13	-0.46	-0.2	-0.56	-0.03	-0.04
Net Receivables	0.86	0.84	0.88	0.89	0.77	0.53	0.92	0.15	0.82	-0.15		0.52	0.72	0.9	0.87	0.77	0.72	0.5	0.73	0.56	0.73	0.76	0.61	0.22	0.76	0.77
Common Stock Shares Outstanding	0.65	0.58	0.67	0.59	0.64	0.48	0.55	0.01	0.67	-0.34	0.52		0.68	0.62	0.61	0.68	0.67	0.35	0.53	0.15	0.64	0.68	0.34	0.34	0.87	0.87
Non Current Liabilities Total	0.95	0.85	0.96	0.85	0.97	0.79	0.81	-0.22	0.98	-0.45	0.72	0.68		0.93	0.86	1.0	0.97	0.13	0.76	0.38	0.58	1.0	0.61	0.68	0.69	0.7
Inventory	0.98	0.9	0.98	0.96	0.95	0.75	0.95	-0.08	0.98	-0.31	0.9	0.62	0.93		0.95	0.95	0.93	0.33	0.81	0.51	0.61	0.95	0.73	0.57	0.77	0.78
Other Stockholder Equity	0.98	0.88	0.93	1.0	0.94	0.62	0.98	0.17	0.93	-0.04	0.87	0.61	0.86	0.95		0.89	0.92	0.54	0.8	0.65	0.59	0.88	0.72	0.45	0.82	0.83
Total Liab	0.96	0.88	0.98	0.88	0.97	0.78	0.84	-0.18	0.99	-0.43	0.77	0.68	1.0	0.95	0.89		0.97	0.18	0.78	0.41	0.61	1.0	0.63	0.65	0.71	0.73
Property Plant And Equipment Gross	0.97	0.87	0.95	0.91	0.98	0.78	0.86	-0.08	0.98	-0.29	0.72	0.67	0.97	0.93	0.92	0.97		0.24	0.83	0.48	0.5	0.97	0.71	0.64	0.72	0.73
Total Current Assets	0.39	0.39	0.31	0.54	0.31	-0.19	0.55	0.77	0.24	0.67	0.5	0.35	0.13	0.33	0.54	0.18	0.24		0.18	0.64	0.51	0.14	0.15	-0.31	0.69	0.68
Non Currrent Assets Other	0.82	0.78	0.81	0.8	0.82	0.86	0.79	-0.03	0.82	-0.27	0.73	0.53	0.76	0.81	0.8	0.78	0.83	0.18		0.45	0.34	0.8	0.88	0.43	0.57	0.59
Other Current Assets	0.56	0.56	0.51	0.64	0.54	0.16	0.63	0.5	0.46	0.39	0.56	0.15	0.38	0.51	0.65	0.41	0.48	0.64	0.45		0.51	0.38	0.33	-0.07	0.49	0.49
Accounts Payable	0.62	0.65	0.7	0.59	0.57	0.15	0.58	0.26	0.59	-0.13	0.73	0.64	0.58	0.61	0.59	0.61	0.5	0.51	0.34	0.51		0.57	0.02	-0.06	0.74	0.74
Intangible Assets	0.96	0.86	0.97	0.87	0.96	0.81	0.83	-0.21	0.99	-0.46	0.76	0.68	1.0	0.95	0.88	1.0	0.97	0.14	0.8	0.38	0.57		0.66	0.68	0.69	0.71
Short Long Term Debt Total	0.71	0.64	0.64	0.73	0.7	0.84	0.75	-0.17	0.7	-0.2	0.61	0.34	0.61	0.73	0.72	0.63	0.71	0.15	0.88	0.33	0.02	0.66		0.54	0.44	0.47
Short Term Debt	0.55	0.35	0.52	0.44	0.59	0.74	0.41	-0.63	0.64	-0.56	0.22	0.34	0.68	0.57	0.45	0.65	0.64	-0.31	0.43	-0.07	-0.06	0.68	0.54		0.24	0.26
Common Stock Total Equity	0.79	0.72	0.77	0.82	0.74	0.39	0.81	0.26	0.74	-0.03	0.76	0.87	0.69	0.77	0.82	0.71	0.72	0.69	0.57	0.49	0.74	0.69	0.44	0.24		1.0
Common Stock	0.81	0.73	0.78	0.83	0.75	0.42	0.82	0.25	0.76	-0.04	0.77	0.87	0.7	0.78	0.83	0.73	0.73	0.68	0.59	0.49	0.74	0.71	0.47	0.26	1.0

Click cells to compare fundamentals

Digi International Account Relationship Matchups

Digi International fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	528.7M	619.5M	853.9M	835.5M	960.9M	1.0B
Other Current Liab	21.0M	20.1M	28.8M	28.0M	32.2M	33.8M
Total Current Liabilities	61.2M	58.9M	96.5M	86.0M	98.9M	103.8M
Total Stockholder Equity	371.5M	472.5M	501.5M	540.5M	621.6M	652.6M
Property Plant And Equipment Net	25.8M	27.8M	42.9M	42.0M	48.3M	50.7M
Net Debt	25.5M	(85.6M)	(19.4M)	171.9M	154.7M	162.4M
Retained Earnings	170.3M	180.7M	200.1M	224.8M	258.6M	271.5M
Cash	54.1M	152.4M	34.9M	31.7M	36.4M	39.3M
Non Current Assets Total	358.6M	372.9M	687.7M	669.3M	769.7M	808.2M
Cash And Short Term Investments	54.1M	152.4M	34.9M	31.7M	36.4M	63.2M
Net Receivables	59.2M	43.7M	54.2M	56.0M	64.4M	67.6M
Common Stock Shares Outstanding	29.5M	33.4M	36.0M	36.9M	42.4M	24.2M
Liabilities And Stockholders Equity	528.7M	619.5M	853.9M	835.5M	960.9M	1.0B
Non Current Liabilities Total	96.0M	88.1M	255.9M	209.1M	240.4M	252.4M
Inventory	51.6M	43.9M	73.2M	74.4M	85.6M	89.8M
Other Stockholder Equity	224.6M	314.2M	327.1M	342.2M	393.6M	413.2M
Total Liab	157.2M	147.0M	352.4M	295.0M	339.3M	356.3M
Property Plant And Equipment Gross	25.8M	56.9M	76.6M	81.5M	93.8M	98.4M
Total Current Assets	170.1M	246.7M	166.2M	166.2M	191.1M	129.0M
Accumulated Other Comprehensive Income	(23.8M)	(22.7M)	(26.1M)	(27.0M)	(24.3M)	(23.1M)
Non Currrent Assets Other	358.6M	372.9M	2.3M	669.3M	769.7M	808.2M
Other Current Assets	5.1M	6.6M	3.9M	4.1M	3.7M	5.7M
Accounts Payable	28.1M	22.6M	32.4M	17.1M	19.7M	10.7M
Intangible Assets	121.2M	118.0M	302.1M	277.1M	318.6M	334.6M
Short Term Debt	(5.0M)	4.5M	2.6M	15.5M	17.9M	18.7M
Common Stock Total Equity	346K	355K	407K	420K	483K	317.9K
Common Stock	355K	407K	420K	425K	488.8K	323.8K
Other Assets	8.2M	1.4M	372.9M	687.7M	790.8M	830.4M
Good Will	210.1M	225.5M	340.5M	341.6M	307.4M	292.1M
Treasury Stock	(54.3M)	(55.1M)	(56.5M)	(58.2M)	(52.4M)	(55.0M)
Property Plant Equipment	13.9M	11.5M	27.8M	42.9M	38.6M	40.5M
Current Deferred Revenue	7.7M	13.6M	19.8M	25.3M	29.1M	30.5M
Other Liab	5.3M	20.8M	23.9M	16.4M	18.9M	9.6M
Net Tangible Assets	164.9M	40.1M	472.5M	501.5M	576.7M	605.6M
Capital Surpluse	266.6M	279.7M	370.7M	385.2M	443.0M	283.6M

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 Digi International 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, Digi International's short interest history, or implied volatility extrapolated from Digi International options trading.

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.

Moving against Digi Stock

0.44

NIO

Nio Class A Downward Rally

Pair Corr

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.

Pair Correlation Correlation Matching

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:

How To Invest In Digi

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Is Digi Stock a good investment?

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What is Digi International's Net Worth?

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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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Digi Stock analysis

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.

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Digi Current Deferred Revenue vs Net Invested Capital Analysis

Current Deferred Revenue vs Net Invested Capital

Current Deferred Revenue vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Net Invested Capital

Digi International fundamental ratios Correlations

Digi International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Digi International fundamental ratios Accounts

Pair Trading with Digi International

Moving against Digi Stock

Complementary Tools for Digi Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Non Current Liabilities Total
Intangible Assets	+ 1.0	Non Current Liabilities Total
Intangible Assets	+ 1.0	Total Liab
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.99	Total Assets

Short Term Debt	- 0.63	Cash
Cash And Short Term Investments	- 0.62	Net Debt
Short Term Debt	- 0.56	Cash And Short Term Investments
Cash	- 0.52	Net Debt
Intangible Assets	- 0.46	Cash And Short Term Investments
Non Current Liabilities Total	- 0.45	Cash And Short Term Investments