Digi Non Currrent Assets Other vs Total Current Liabilities Analysis
DGII Stock | USD 33.22 0.55 1.68% |
Digi International financial indicator trend analysis is much more than just examining Digi International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digi International is a good investment. Please check the relationship between Digi International Non Currrent Assets Other and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digi International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.
Non Currrent Assets Other vs Total Current Liabilities
Non Currrent Assets Other vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digi International Non Currrent Assets Other account and Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Digi International's Non Currrent Assets Other and Total Current Liabilities is 0.17. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Digi International, assuming nothing else is changed. The correlation between historical values of Digi International's Non Currrent Assets Other and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Digi International are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Currrent Assets Other i.e., Digi International's Non Currrent Assets Other and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Total Current Liabilities
Total Current Liabilities is an item on Digi International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Digi International are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Digi International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digi International 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 Digi International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.As of now, Digi International's Discontinued Operations is increasing as compared to previous years. The Digi International's current Sales General And Administrative To Revenue is estimated to increase to 0.25, while Selling General Administrative is projected to decrease to under 37.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 19.7M | 25.2M | 15.4M | 16.2M | Depreciation And Amortization | 33.8M | 34.0M | 39.0M | 41.0M |
Digi International fundamental ratios Correlations
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Digi International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Digi International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 528.7M | 619.5M | 853.9M | 835.5M | 815.1M | 855.8M | |
Other Current Liab | 23.3M | 25.5M | 28.8M | 23.6M | 29.5M | 31.0M | |
Total Current Liabilities | 61.2M | 58.9M | 96.5M | 86.0M | 89.3M | 93.8M | |
Total Stockholder Equity | 371.5M | 472.5M | 501.5M | 540.5M | 581.0M | 610.1M | |
Property Plant And Equipment Net | 25.8M | 27.8M | 42.9M | 42.0M | 45.1M | 47.4M | |
Net Debt | 25.5M | (85.6M) | (19.4M) | 189.2M | 109.9M | 115.4M | |
Retained Earnings | 170.3M | 180.7M | 200.1M | 224.8M | 247.4M | 259.7M | |
Cash | 54.1M | 152.4M | 34.9M | 31.7M | 27.5M | 39.1M | |
Non Current Assets Total | 358.6M | 372.9M | 687.7M | 669.3M | 660.6M | 693.7M | |
Cash And Short Term Investments | 54.1M | 152.4M | 34.9M | 31.7M | 27.5M | 26.1M | |
Net Receivables | 59.2M | 43.7M | 54.2M | 56.0M | 69.6M | 73.1M | |
Common Stock Shares Outstanding | 29.5M | 33.4M | 36.0M | 36.9M | 37.0M | 24.7M | |
Liabilities And Stockholders Equity | 528.7M | 619.5M | 853.9M | 835.5M | 815.1M | 855.8M | |
Non Current Liabilities Total | 96.0M | 88.1M | 255.9M | 209.1M | 144.7M | 151.9M | |
Inventory | 51.6M | 43.9M | 73.2M | 74.4M | 53.4M | 29.1M | |
Other Stockholder Equity | 224.6M | 314.2M | 327.1M | 342.2M | 357.0M | 374.8M | |
Total Liab | 157.2M | 147.0M | 352.4M | 295.0M | 234.0M | 245.7M | |
Property Plant And Equipment Gross | 25.8M | 56.9M | 76.6M | 81.5M | 93.8M | 98.4M | |
Total Current Assets | 170.1M | 246.7M | 166.2M | 166.2M | 154.4M | 130.1M | |
Accumulated Other Comprehensive Income | (23.8M) | (22.7M) | (26.1M) | (27.0M) | (23.7M) | (22.6M) | |
Non Currrent Assets Other | 358.6M | 372.9M | 2.3M | 3.8M | 3.7M | 3.5M | |
Other Current Assets | 5.1M | 6.6M | 3.9M | 4.1M | 3.9M | 5.6M | |
Accounts Payable | 28.1M | 22.6M | 32.4M | 17.1M | 23.8M | 24.9M | |
Intangible Assets | 121.2M | 118.0M | 302.1M | 277.1M | 252.9M | 265.6M | |
Short Term Debt | 7.0M | 5.3M | 15.5M | 18.9M | 3.0M | 2.8M | |
Common Stock Total Equity | 346K | 355K | 407K | 420K | 483K | 317.9K | |
Common Stock | 355K | 407K | 420K | 425K | 430K | 329.6K | |
Other Assets | 8.2M | 1.4M | 372.9M | 687.7M | 790.8M | 830.4M | |
Good Will | 210.1M | 225.5M | 340.5M | 341.6M | 342.8M | 325.6M | |
Treasury Stock | (54.3M) | (55.1M) | (56.5M) | (58.2M) | (52.4M) | (55.0M) | |
Property Plant Equipment | 13.9M | 11.5M | 27.8M | 42.9M | 38.6M | 40.5M | |
Current Deferred Revenue | 7.7M | 13.6M | 19.8M | 25.3M | 30.6M | 32.1M | |
Other Liab | 5.3M | 20.8M | 23.9M | 16.4M | 18.9M | 9.6M | |
Net Tangible Assets | 164.9M | 40.1M | 472.5M | 501.5M | 576.7M | 605.6M | |
Capital Surpluse | 266.6M | 279.7M | 370.7M | 385.2M | 443.0M | 283.6M |
Currently Active Assets on Macroaxis
When determining whether Digi International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Digi International'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 Digi International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digi International Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digi International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Communications Equipment 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 Digi International. If investors know Digi 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 Digi International 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 0.881 | Earnings Share 0.61 | Revenue Per Share 11.677 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0364 |
The market value of Digi International is measured differently than its book value, which is the value of Digi that is recorded on the company's balance sheet. Investors also form their own opinion of Digi International's value that differs from its market value or its book value, called intrinsic value, which is Digi International'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 Digi International's market value can be influenced by many factors that don't directly affect Digi International'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 Digi International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digi International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digi International'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.