Digihost Return On Tangible Assets from 2010 to 2024

DGHI Stock  USD 1.94  0.22  12.79%   
Digihost Technology's Return On Tangible Assets are increasing with slightly volatile movements from year to year. Return On Tangible Assets are predicted to flatten to -0.56. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
(0.53)
Current Value
(0.56)
Quarterly Volatility
0.81612953
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Digihost Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Digihost Technology's main balance sheet or income statement drivers, such as Interest Expense of 204.6 K, Other Operating Expenses of 47.6 M or EBIT of 3.1 M, as well as many indicators such as Price To Sales Ratio of 2.37, Dividend Yield of 0.0 or PTB Ratio of 2.34. Digihost financial statements analysis is a perfect complement when working with Digihost Technology Valuation or Volatility modules.
  
Check out the analysis of Digihost Technology Correlation against competitors.
For more detail on how to invest in Digihost Stock please use our How to Invest in Digihost Technology guide.

Latest Digihost Technology's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Digihost Technology over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Digihost Technology's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Digihost Technology's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Digihost Return On Tangible Assets Regression Statistics

Arithmetic Mean(1.19)
Coefficient Of Variation(68.73)
Mean Deviation0.76
Median(1.82)
Standard Deviation0.82
Sample Variance0.67
Range1.9015
R-Value0.80
Mean Square Error0.25
R-Squared0.65
Significance0.0003
Slope0.15
Total Sum of Squares9.32

Digihost Return On Tangible Assets History

2024 -0.56
2023 -0.53
2022 0.0844
2021 0.003746
2020 -0.38
2019 -0.0693

About Digihost Technology Financial Statements

Investors use fundamental indicators, such as Digihost Technology's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Digihost Technology's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.53)(0.56)

Currently Active Assets on Macroaxis

When determining whether Digihost Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Digihost Technology'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 Digihost Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digihost Technology Stock:
Check out the analysis of Digihost Technology Correlation against competitors.
For more detail on how to invest in Digihost Stock please use our How to Invest in Digihost Technology guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Application Software space 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 Digihost Technology. If investors know Digihost 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 Digihost Technology 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
(0.71)
Earnings Share
(0.33)
Revenue Per Share
1.322
Quarterly Revenue Growth
0.572
Return On Assets
(0.20)
The market value of Digihost Technology is measured differently than its book value, which is the value of Digihost that is recorded on the company's balance sheet. Investors also form their own opinion of Digihost Technology's value that differs from its market value or its book value, called intrinsic value, which is Digihost Technology'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 Digihost Technology's market value can be influenced by many factors that don't directly affect Digihost Technology'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 Digihost Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digihost Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digihost Technology'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.