Digital Turbine Stock Net Asset
APPS Stock | USD 1.46 0.01 0.69% |
Digital Turbine fundamentals help investors to digest information that contributes to Digital Turbine's financial success or failures. It also enables traders to predict the movement of Digital Stock. The fundamental analysis module provides a way to measure Digital Turbine's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Digital Turbine stock.
Digital | Net Asset |
Digital Turbine Company Net Asset Analysis
Digital Turbine's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Digital Turbine Net Asset | 865.54 M |
Most of Digital Turbine's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Digital Turbine is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Digital Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Digital Turbine is extremely important. It helps to project a fair market value of Digital Stock properly, considering its historical fundamentals such as Net Asset. Since Digital Turbine's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Digital Turbine's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Digital Turbine's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Digital Total Assets
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Based on the recorded statements, Digital Turbine has a Net Asset of 865.54 M. This is much higher than that of the Software sector and significantly higher than that of the Information Technology industry. The net asset for all United States stocks is notably lower than that of the firm.
Digital Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Digital Turbine's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Digital Turbine could also be used in its relative valuation, which is a method of valuing Digital Turbine by comparing valuation metrics of similar companies.Digital Turbine is currently under evaluation in net asset category among its peers.
Digital Turbine Institutional Holders
Institutional Holdings refers to the ownership stake in Digital Turbine that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Digital Turbine's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Digital Turbine's value.Shares | Walleye Trading Advisors, Llc | 2024-09-30 | 1.1 M | Northern Trust Corp | 2024-09-30 | 840.1 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 822.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 776.1 K | Goldman Sachs Group Inc | 2024-09-30 | 730.6 K | Herald Investment Management Ltd | 2024-09-30 | 600 K | Bank Of America Corp | 2024-06-30 | 583.9 K | Nuveen Asset Management, Llc | 2024-09-30 | 472.3 K | Baader Bank Inc | 2024-09-30 | 435.9 K | Vanguard Group Inc | 2024-09-30 | 8.2 M | Blackrock Inc | 2024-06-30 | 6.7 M |
Digital Fundamentals
Return On Equity | -0.95 | ||||
Return On Asset | -0.03 | ||||
Profit Margin | (0.61) % | ||||
Operating Margin | (0.11) % | ||||
Current Valuation | 532.78 M | ||||
Shares Outstanding | 103.73 M | ||||
Shares Owned By Insiders | 5.34 % | ||||
Shares Owned By Institutions | 59.64 % | ||||
Number Of Shares Shorted | 5.48 M | ||||
Price To Earning | 30.95 X | ||||
Price To Book | 0.83 X | ||||
Price To Sales | 0.31 X | ||||
Revenue | 544.48 M | ||||
Gross Profit | 347.11 M | ||||
EBITDA | 54.57 M | ||||
Net Income | (420.23 M) | ||||
Cash And Equivalents | 82.65 M | ||||
Cash Per Share | 0.83 X | ||||
Total Debt | 383.49 M | ||||
Debt To Equity | 0.78 % | ||||
Current Ratio | 1.17 X | ||||
Book Value Per Share | 1.76 X | ||||
Cash Flow From Operations | 28.68 M | ||||
Short Ratio | 1.21 X | ||||
Earnings Per Share | (2.96) X | ||||
Price To Earnings To Growth | 0.69 X | ||||
Target Price | 2.33 | ||||
Number Of Employees | 754 | ||||
Beta | 2.6 | ||||
Market Capitalization | 151.44 M | ||||
Total Asset | 865.54 M | ||||
Retained Earnings | (595.34 M) | ||||
Working Capital | 6.32 M | ||||
Current Asset | 29.55 M | ||||
Current Liabilities | 38.85 M | ||||
Net Asset | 865.54 M |
About Digital Turbine Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Digital Turbine's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Digital Turbine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Digital Turbine based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Digital Stock Analysis
When running Digital Turbine's price analysis, check to measure Digital Turbine'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 Digital Turbine is operating at the current time. Most of Digital Turbine's value examination focuses on studying past and present price action to predict the probability of Digital Turbine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Turbine's price. Additionally, you may evaluate how the addition of Digital Turbine to your portfolios can decrease your overall portfolio volatility.