Digital Common Stock vs Good Will Analysis

APPS Stock

USD 3.43 0.15 4.19%

Digital Turbine financial indicator trend analysis is much more than just examining Digital Turbine latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digital Turbine is a good investment. Please check the relationship between Digital Turbine Common Stock and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Digital Turbine. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

For more information on how to buy Digital Stock please use our How to Invest in Digital Turbine guide.

Common Stock vs Good Will

Common Stock vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digital Turbine Common Stock account and Good Will. At this time, the significance of the direction appears to have weak relationship.

The correlation between Digital Turbine's Common Stock and Good Will is 0.38. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Good Will in the same time period over historical financial statements of Digital Turbine, assuming nothing else is changed. The correlation between historical values of Digital Turbine's Common Stock and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Digital Turbine are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Common Stock i.e., Digital Turbine's Common Stock and Good Will go up and down completely randomly.

Correlation Coefficient

0.38

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Common Stock

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.

Most indicators from Digital Turbine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digital Turbine 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Digital Turbine. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

For more information on how to buy Digital Stock please use our How to Invest in Digital Turbine guide.At this time, Digital Turbine's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 18.5 M in 2025, whereas Discontinued Operations is likely to drop (359.1 K) in 2025.

	2022	2023	2024	2025 (projected)
Research Development	56.5M	54.2M	62.3M	65.4M
Total Revenue	665.9M	544.5M	626.2M	657.5M

Research Development Total Revenue

Digital Turbine fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity
Total Assets		0.9	0.97	0.93	0.91	0.94	0.88	-0.22	0.86	0.95	0.87	0.98	0.99	0.43	0.97	-0.57	0.98	0.92	-0.45	0.96	-0.46	1.0	-0.16	0.83	0.97	0.47
Other Current Liab	0.9		0.91	0.88	0.74	0.78	0.97	-0.16	0.84	0.9	0.69	0.87	0.86	0.43	0.83	-0.53	0.85	0.74	-0.27	0.8	-0.22	0.89	-0.25	0.95	0.87	0.47
Total Current Liabilities	0.97	0.91		0.84	0.9	0.96	0.86	-0.19	0.89	0.87	0.91	0.99	0.97	0.49	0.97	-0.63	0.97	0.93	-0.35	0.95	-0.56	0.96	-0.25	0.81	0.99	0.53
Total Stockholder Equity	0.93	0.88	0.84		0.75	0.75	0.9	-0.17	0.78	0.99	0.64	0.85	0.88	0.38	0.83	-0.51	0.85	0.76	-0.36	0.81	-0.17	0.94	-0.18	0.88	0.83	0.42
Other Liab	0.91	0.74	0.9	0.75		0.96	0.65	-0.22	0.8	0.78	0.93	0.94	0.93	0.48	0.95	-0.57	0.94	0.96	-0.44	0.95	-0.72	0.9	-0.09	0.59	0.94	0.52
Accounts Payable	0.94	0.78	0.96	0.75	0.96		0.71	-0.2	0.85	0.78	0.98	0.98	0.96	0.44	0.99	-0.59	0.98	0.99	-0.44	0.98	-0.72	0.92	-0.15	0.64	0.99	0.48
Cash	0.88	0.97	0.86	0.9	0.65	0.71		-0.18	0.75	0.92	0.6	0.82	0.82	0.39	0.77	-0.51	0.81	0.67	-0.28	0.74	-0.1	0.87	-0.23	0.99	0.81	0.43
Other Assets	-0.22	-0.16	-0.19	-0.17	-0.22	-0.2	-0.18		-0.11	-0.17	-0.23	-0.23	-0.27	0.06	-0.22	0.04	-0.26	-0.2	0.32	-0.26	0.08	-0.21	-0.13	-0.15	-0.21	0.05
Long Term Debt	0.86	0.84	0.89	0.78	0.8	0.85	0.75	-0.11		0.76	0.82	0.86	0.85	0.47	0.89	-0.63	0.83	0.87	-0.16	0.82	-0.49	0.85	-0.42	0.71	0.89	0.51
Good Will	0.95	0.9	0.87	0.99	0.78	0.78	0.92	-0.17	0.76		0.67	0.88	0.9	0.38	0.85	-0.49	0.88	0.78	-0.41	0.84	-0.21	0.96	-0.13	0.9	0.86	0.42
Other Current Assets	0.87	0.69	0.91	0.64	0.93	0.98	0.6	-0.23	0.82	0.67		0.94	0.92	0.39	0.96	-0.55	0.93	0.97	-0.43	0.95	-0.79	0.85	-0.14	0.52	0.95	0.42
Total Liab	0.98	0.87	0.99	0.85	0.94	0.98	0.82	-0.23	0.86	0.88	0.94		0.99	0.43	0.99	-0.58	1.0	0.96	-0.47	0.99	-0.58	0.97	-0.14	0.77	1.0	0.47
Intangible Assets	0.99	0.86	0.97	0.88	0.93	0.96	0.82	-0.27	0.85	0.9	0.92	0.99		0.37	0.99	-0.54	0.99	0.96	-0.48	0.98	-0.55	0.98	-0.15	0.76	0.98	0.42
Common Stock	0.43	0.43	0.49	0.38	0.48	0.44	0.39	0.06	0.47	0.38	0.39	0.43	0.37		0.42	-0.84	0.4	0.45	0.27	0.37	-0.43	0.44	-0.36	0.47	0.46	0.99
Property Plant Equipment	0.97	0.83	0.97	0.83	0.95	0.99	0.77	-0.22	0.89	0.85	0.96	0.99	0.99	0.42		-0.58	0.98	0.99	-0.42	0.98	-0.64	0.96	-0.21	0.71	0.99	0.47
Short Term Investments	-0.57	-0.53	-0.63	-0.51	-0.57	-0.59	-0.51	0.04	-0.63	-0.49	-0.55	-0.58	-0.54	-0.84	-0.58		-0.55	-0.61	-0.26	-0.52	0.47	-0.58	0.45	-0.53	-0.61	-0.81
Short Long Term Debt Total	0.98	0.85	0.97	0.85	0.94	0.98	0.81	-0.26	0.83	0.88	0.93	1.0	0.99	0.4	0.98	-0.55		0.96	-0.52	0.99	-0.57	0.97	-0.08	0.75	0.99	0.43
Property Plant And Equipment Net	0.92	0.74	0.93	0.76	0.96	0.99	0.67	-0.2	0.87	0.78	0.97	0.96	0.96	0.45	0.99	-0.61	0.96		-0.4	0.97	-0.72	0.92	-0.21	0.6	0.97	0.48
Current Deferred Revenue	-0.45	-0.27	-0.35	-0.36	-0.44	-0.44	-0.28	0.32	-0.16	-0.41	-0.43	-0.47	-0.48	0.27	-0.42	-0.26	-0.52	-0.4		-0.55	0.15	-0.45	-0.72	-0.23	-0.42	0.28
Net Debt	0.96	0.8	0.95	0.81	0.95	0.98	0.74	-0.26	0.82	0.84	0.95	0.99	0.98	0.37	0.98	-0.52	0.99	0.97	-0.55		-0.63	0.95	-0.05	0.68	0.98	0.4
Retained Earnings	-0.46	-0.22	-0.56	-0.17	-0.72	-0.72	-0.1	0.08	-0.49	-0.21	-0.79	-0.58	-0.55	-0.43	-0.64	0.47	-0.57	-0.72	0.15	-0.63		-0.44	0.18	-0.04	-0.61	-0.46
Non Current Assets Total	1.0	0.89	0.96	0.94	0.9	0.92	0.87	-0.21	0.85	0.96	0.85	0.97	0.98	0.44	0.96	-0.58	0.97	0.92	-0.45	0.95	-0.44		-0.14	0.83	0.96	0.47
Non Currrent Assets Other	-0.16	-0.25	-0.25	-0.18	-0.09	-0.15	-0.23	-0.13	-0.42	-0.13	-0.14	-0.14	-0.15	-0.36	-0.21	0.45	-0.08	-0.21	-0.72	-0.05	0.18	-0.14		-0.22	-0.18	-0.45
Cash And Short Term Investments	0.83	0.95	0.81	0.88	0.59	0.64	0.99	-0.15	0.71	0.9	0.52	0.77	0.76	0.47	0.71	-0.53	0.75	0.6	-0.23	0.68	-0.04	0.83	-0.22		0.75	0.5
Net Receivables	0.97	0.87	0.99	0.83	0.94	0.99	0.81	-0.21	0.89	0.86	0.95	1.0	0.98	0.46	0.99	-0.61	0.99	0.97	-0.42	0.98	-0.61	0.96	-0.18	0.75		0.49
Common Stock Total Equity	0.47	0.47	0.53	0.42	0.52	0.48	0.43	0.05	0.51	0.42	0.42	0.47	0.42	0.99	0.47	-0.81	0.43	0.48	0.28	0.4	-0.46	0.47	-0.45	0.5	0.49

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Digital Turbine Account Relationship Matchups

Digital Turbine fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	260.4M	1.5B	1.3B	865.5M	995.4M	1.0B
Other Current Liab	61.6M	204.9M	101.6M	62.5M	71.8M	75.4M
Total Current Liabilities	111.1M	385.3M	220.9M	236.0M	271.4M	285.0M
Total Stockholder Equity	145.1M	514.6M	605.2M	213.9M	246.0M	258.3M
Other Liab	1K	4.1M	20.0M	22.0M	25.3M	26.6M
Accounts Payable	35.0M	167.9M	119.3M	159.2M	183.1M	192.2M
Cash	30.8M	126.8M	75.1M	33.6M	38.6M	40.6M
Good Will	80.2M	559.8M	561.6M	220.1M	253.1M	265.7M
Other Current Assets	4.6M	21.0M	12.3M	25.4M	29.2M	30.7M
Total Liab	115.3M	942.3M	659.3M	651.6M	749.3M	786.8M
Intangible Assets	53.3M	440.6M	379.6M	313.5M	360.5M	378.6M
Property Plant Equipment	8.2M	13.1M	46.5M	39.3M	45.2M	47.5M
Short Long Term Debt Total	14.6M	533.3M	410.5M	383.5M	441.0M	463.1M
Property Plant And Equipment Net	16.5M	46.5M	49.4M	54.9M	63.1M	66.3M
Net Debt	(16.2M)	406.5M	335.5M	349.9M	402.4M	422.5M
Retained Earnings	(227.3M)	(191.8M)	(175.1M)	(595.3M)	(535.8M)	(509.0M)
Non Current Assets Total	163.0M	1.0B	1.0B	623.2M	716.7M	752.5M
Non Currrent Assets Other	(150.0M)	732K	9.9M	17.1M	15.4M	16.1M
Cash And Short Term Investments	30.8M	126.8M	75.1M	33.6M	38.6M	20.4M
Net Receivables	62.0M	263.1M	178.2M	191.0M	219.7M	230.7M
Common Stock Shares Outstanding	96.2M	102.6M	101.8M	101.0M	116.1M	121.9M
Liabilities And Stockholders Equity	260.4M	1.5B	1.3B	865.5M	995.4M	1.0B
Other Stockholder Equity	373.2M	745.6M	822.1M	858.1M	986.8M	1.0B
Property Plant And Equipment Gross	16.5M	46.5M	49.4M	110.2M	126.7M	133.1M
Total Current Assets	97.4M	410.9M	266.1M	242.3M	278.7M	292.6M
Accumulated Other Comprehensive Income	(903K)	(39.3M)	(41.9M)	(49.0M)	(44.1M)	(41.9M)
Non Current Liabilities Total	4.1M	557.0M	438.4M	415.6M	477.9M	501.8M
Inventory	340K	394K	500K	(7.7M)	(6.9M)	(6.6M)
Net Tangible Assets	(35.8M)	11.5M	(485.9M)	(336.1M)	(302.5M)	(287.4M)
Retained Earnings Total Equity	(282.2M)	(227.3M)	(191.8M)	(175.1M)	(157.6M)	(165.5M)
Capital Surpluse	360.2M	373.3M	745.7M	822.2M	945.5M	992.8M

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