DigitalOcean Good Will vs Long Term Debt Total Analysis
DOCN Stock | USD 33.67 1.16 3.33% |
DigitalOcean Holdings financial indicator trend analysis is much more than just examining DigitalOcean Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DigitalOcean Holdings is a good investment. Please check the relationship between DigitalOcean Holdings Good Will and its Long Term Debt Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DigitalOcean Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in DigitalOcean Stock, please use our How to Invest in DigitalOcean Holdings guide.
Good Will vs Long Term Debt Total
Good Will vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DigitalOcean Holdings Good Will account and Long Term Debt Total. At this time, the significance of the direction appears to have pay attention.
The correlation between DigitalOcean Holdings' Good Will and Long Term Debt Total is -0.78. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of DigitalOcean Holdings, assuming nothing else is changed. The correlation between historical values of DigitalOcean Holdings' Good Will and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of DigitalOcean Holdings are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Good Will i.e., DigitalOcean Holdings' Good Will and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.78 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Long Term Debt Total
Most indicators from DigitalOcean Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DigitalOcean Holdings 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 DigitalOcean Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in DigitalOcean Stock, please use our How to Invest in DigitalOcean Holdings guide.At this time, DigitalOcean Holdings' Tax Provision is very stable compared to the past year. As of the 8th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.29, while Selling General Administrative is likely to drop about 117.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.7M | 8.4M | 8.9M | 9.2M | Depreciation And Amortization | 88.4M | 102.2M | 117.9M | 91.6M |
DigitalOcean Holdings fundamental ratios Correlations
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DigitalOcean Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DigitalOcean Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 25.8M | 50.0M | 8.8M | 79.9M | 96.8M | 50.4M | |
Total Current Liabilities | 72.5M | 84.8M | 58.2M | 164.3M | 192.6M | 116.6M | |
Other Liab | 3.1M | 2.3M | 1.9M | 22.0M | 25.3M | 26.6M | |
Net Tangible Assets | (131.9M) | (134.9M) | 503.1M | (381.6M) | (438.8M) | (416.8M) | |
Retained Earnings | (123.5M) | (167.0M) | (186.5M) | (210.8M) | (344.2M) | (327.0M) | |
Accounts Payable | 27.2M | 12.4M | 12.7M | 21.1M | 4.0M | 3.8M | |
Other Assets | 3.4M | 6.0M | 6.2M | 9.0M | 10.4M | 6.3M | |
Net Receivables | 24.0M | 38.3M | 39.6M | 53.8M | 62.2M | 43.0M | |
Other Stockholder Equity | (72.0M) | (77.9M) | (1.3B) | 264.0M | 30.5M | 32.1M | |
Total Current Assets | 60.6M | 148.0M | 1.8B | 946.6M | 503.0M | 637.8M | |
Property Plant Equipment | 178.8M | 213.5M | 249.6M | 273.2M | 314.1M | 235.7M |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DigitalOcean Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in DigitalOcean Stock, please use our How to Invest in DigitalOcean Holdings guide.Note that the DigitalOcean Holdings information on this page should be used as a complementary analysis to other DigitalOcean Holdings' 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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When running DigitalOcean Holdings' price analysis, check to measure DigitalOcean Holdings' 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 DigitalOcean Holdings is operating at the current time. Most of DigitalOcean Holdings' value examination focuses on studying past and present price action to predict the probability of DigitalOcean Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DigitalOcean Holdings' price. Additionally, you may evaluate how the addition of DigitalOcean Holdings to your portfolios can decrease your overall portfolio volatility.
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Is DigitalOcean Holdings' 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 DigitalOcean Holdings. If investors know DigitalOcean 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 DigitalOcean Holdings 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 1.525 | Earnings Share 0.2 | Revenue Per Share 7.687 | Quarterly Revenue Growth 0.11 | Return On Assets 0.0254 |
The market value of DigitalOcean Holdings is measured differently than its book value, which is the value of DigitalOcean that is recorded on the company's balance sheet. Investors also form their own opinion of DigitalOcean Holdings' value that differs from its market value or its book value, called intrinsic value, which is DigitalOcean Holdings' 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 DigitalOcean Holdings' market value can be influenced by many factors that don't directly affect DigitalOcean Holdings' 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 DigitalOcean Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DigitalOcean Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DigitalOcean Holdings' 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.