Digihost Free Cash Flow Yield vs Interest Coverage Analysis
| DGHI Stock | USD 1.94 0.22 12.79% |
Digihost Technology financial indicator trend analysis is much more than just examining Digihost Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digihost Technology is a good investment. Please check the relationship between Digihost Technology Free Cash Flow Yield and its Interest Coverage accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digihost Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in Digihost Stock please use our How to Invest in Digihost Technology guide.
Free Cash Flow Yield vs Interest Coverage
Free Cash Flow Yield vs Interest Coverage Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digihost Technology Free Cash Flow Yield account and Interest Coverage. At this time, the significance of the direction appears to have no relationship.
The correlation between Digihost Technology's Free Cash Flow Yield and Interest Coverage is 0.03. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Digihost Technology, assuming nothing else is changed. The correlation between historical values of Digihost Technology's Free Cash Flow Yield and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Digihost Technology are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Free Cash Flow Yield i.e., Digihost Technology's Free Cash Flow Yield and Interest Coverage go up and down completely randomly.
Correlation Coefficient | 0.03 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Interest Coverage
Most indicators from Digihost Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digihost Technology 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 Digihost Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in Digihost Stock please use our How to Invest in Digihost Technology guide.As of now, Digihost Technology's Tax Provision is decreasing as compared to previous years. The Digihost Technology's current Sales General And Administrative To Revenue is estimated to increase to 0.19, while Selling General Administrative is projected to decrease to under 6.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 10.5M | 8.4M | 9.7M | 6.5M | Cost Of Revenue | 13.8M | 31.0M | 35.6M | 21.1M |
Digihost Technology fundamental ratios Correlations
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Digihost Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Digihost Technology fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Current Liabilities | 4.2M | 3.0M | 5.5M | 3.3M | 3.7M | 3.5M | |
| Retained Earnings | (274.7K) | (5.5M) | (5.5M) | (4.6M) | (4.2M) | (4.4M) | |
| Other Current Assets | 18.4K | 4.7M | 709.6K | 741.4K | 852.6K | 1.3M | |
| Total Current Assets | 3.9M | 4.7M | 36.2M | 6.1M | 7.0M | 10.5M |
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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digihost Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. 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 Global Correlations module to find global opportunities by holding instruments from different markets.
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.