Digatrade Historical Balance Sheet
| DIGAF Stock | USD 0.0001 0.00 0.00% |
Trend analysis of Digatrade Financial Corp balance sheet accounts such as Accounts Payable of 163.2 K or Cash of 42.8 K provides information on Digatrade Financial's total assets, liabilities, and equity, which is the actual value of Digatrade Financial Corp to its prevalent stockholders. By breaking down trends over time using Digatrade Financial balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Digatrade Financial Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Digatrade Financial Corp is a good buy for the upcoming year.
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About Digatrade Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Digatrade Financial Corp at a specified time, usually calculated after every quarter, six months, or one year. Digatrade Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Digatrade Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Digatrade currently owns. An asset can also be divided into two categories, current and non-current.
Digatrade Financial Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Digatrade Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Digatrade Financial Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Digatrade Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Digatrade Financial Corp 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.Accounts Payable
An accounting item on the balance sheet that represents Digatrade Financial obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Digatrade Financial Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Most accounts from Digatrade Financial's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Digatrade Financial Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Digatrade Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Digatrade Financial's Total Liabilities is most likely to increase significantly in the upcoming years. The Digatrade Financial's current Short and Long Term Debt is estimated to increase to about 288.1 K, while Total Stockholder Equity is projected to decrease to (516.7 K).
| 2020 | 2021 | 2023 | 2024 (projected) | Total Current Liabilities | 1.9M | 850.7K | 978.3K | 1.1M | Total Assets | 293.2K | 303.9K | 349.4K | 334.0K |
Digatrade Financial balance sheet Correlations
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Digatrade Financial Account Relationship Matchups
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Digatrade Financial balance sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 527.2K | 304.4K | 293.2K | 303.9K | 349.4K | 334.0K | |
| Total Current Liabilities | 1.1M | 735.3K | 1.9M | 850.7K | 978.3K | 1.1M | |
| Total Stockholder Equity | (250.9K) | (273.2K) | (1.6M) | (546.8K) | (492.1K) | (516.7K) | |
| Net Tangible Assets | 381.1K | (299.9K) | (1.6M) | (546.8K) | (492.1K) | (516.7K) | |
| Retained Earnings | (5.7M) | (7.8M) | (10.5M) | (10.1M) | (9.1M) | (9.5M) | |
| Accounts Payable | 63.3K | 32.3K | 73.4K | 135.1K | 155.4K | 163.2K | |
| Cash | 493.8K | 113.2K | 476.0 | 39.2K | 45.1K | 42.8K | |
| Net Receivables | 11.2K | 13.7K | 12.0K | 11.0K | 12.7K | 11.1K | |
| Total Liab | 778.1K | 735.3K | 1.9M | 850.7K | 978.3K | 1.1M | |
| Short Long Term Debt | 636.9K | 242.9K | 103.6K | 164.0K | 147.6K | 288.1K | |
| Total Current Assets | 1.5M | 277.7K | 293.2K | 303.9K | 349.4K | 433.6K | |
| Common Stock | 6.1M | 7.5M | 8.9M | 9.4M | 10.8M | 6.0M | |
| Other Current Assets | 965.3K | 150.9K | 280.6K | 229.9K | 264.3K | 291.0K | |
| Other Current Liab | 733.3K | 370.2K | 1.6M | 551.6K | 634.3K | 572.5K | |
| Common Stock Shares Outstanding | 226.5M | 583.7M | 1.3B | 1.6B | 1.8B | 1.9B | |
| Net Debt | 155.0K | 129.7K | 103.1K | 124.8K | 112.3K | 106.7K | |
| Net Invested Capital | 397.9K | (30.3K) | (1.5M) | (382.8K) | (344.5K) | (327.3K) | |
| Net Working Capital | (239.0K) | (457.7K) | (1.6M) | (546.8K) | (492.1K) | (516.7K) |
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When determining whether Digatrade Financial Corp is a strong investment it is important to analyze Digatrade Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Digatrade Financial's future performance. For an informed investment choice regarding Digatrade Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digatrade Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is IT Consulting & Other Services 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 Digatrade Financial. If investors know Digatrade 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 Digatrade Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (0.67) |
The market value of Digatrade Financial Corp is measured differently than its book value, which is the value of Digatrade that is recorded on the company's balance sheet. Investors also form their own opinion of Digatrade Financial's value that differs from its market value or its book value, called intrinsic value, which is Digatrade Financial'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 Digatrade Financial's market value can be influenced by many factors that don't directly affect Digatrade Financial'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 Digatrade Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digatrade Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digatrade Financial'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.