Digi Net Income vs Total Other Income Expense Net Analysis
DGII Stock | USD 24.87 0.04 0.16% |
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 Net Income and its Total Other Income Expense Net 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.
Net Income vs Total Other Income Expense Net
Net Income vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digi International Net Income account and Total Other Income Expense Net. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Digi International's Net Income and Total Other Income Expense Net is -0.54. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Other Income Expense Net 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 Net Income and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Digi International are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Net Income i.e., Digi International's Net Income and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.54 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Digi International financial statement analysis. It represents the amount of money remaining after all of Digi International operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Total Other Income Expense Net
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 |
Digi International fundamental ratios Correlations
Click cells to compare fundamentals
Digi International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Currently Active Assets on Macroaxis
MSFT | Microsoft | |
GM | General Motors | |
CRM | Salesforce | |
MSFT | Microsoft | |
GOOG | Alphabet Inc Class C |
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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |
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.