DGTL Holdings Price To Sales vs. Cash Per Share
| DGTL Stock | CAD 0.04 0.00 0.00% |
DGTL Holdings Price To Sales Ratio |
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For DGTL Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of DGTL Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well DGTL Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between DGTL Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of DGTL Holdings over time as well as its relative position and ranking within its peers.
DGTL |
DGTL Holdings Cash Per Share vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining DGTL Holdings's current stock value. Our valuation model uses many indicators to compare DGTL Holdings value to that of its competitors to determine the firm's financial worth. DGTL Holdings is one of the top stocks in price to sales category among its peers. It also is one of the top stocks in cash per share category among its peers fabricating about 0.49 of Cash Per Share per Price To Sales. The ratio of Price To Sales to Cash Per Share for DGTL Holdings is roughly 2.02 . At this time, DGTL Holdings' Price To Sales Ratio is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the DGTL Holdings' earnings, one of the primary drivers of an investment's value.DGTL Cash Per Share vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
DGTL Holdings |
| = | 0.12 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
DGTL Holdings |
| = | 0.06 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
DGTL Cash Per Share Comparison
DGTL Holdings is currently under evaluation in cash per share category among its peers.
DGTL Holdings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in DGTL Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, DGTL Holdings will eventually generate negative long term returns. The profitability progress is the general direction of DGTL Holdings' change in net profit over the period of time. It can combine multiple indicators of DGTL Holdings, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 1.6 M | 1.2 M | |
| Net Interest Income | -234.1 K | -222.4 K | |
| Operating Income | -1.4 M | -1.4 M | |
| Net Loss | -2.3 M | -2.4 M | |
| Income Before Tax | -2.3 M | -2.4 M | |
| Net Loss | -4 M | -4.2 M | |
| Net Loss | -2.3 M | -2.4 M | |
| Total Other Income Expense Net | -956.9 K | -1 M | |
| Income Tax Expense | 271.4 K | 284.9 K | |
| Interest Income | 185.15 | 194.41 | |
| Change To Netincome | 1.9 M | 1.2 M | |
| Net Loss | (0.21) | (0.23) | |
| Income Quality | 0.54 | 0.96 | |
| Net Income Per E B T | 1.76 | 1.84 |
DGTL Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on DGTL Holdings. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of DGTL Holdings position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the DGTL Holdings' important profitability drivers and their relationship over time.
Use DGTL Holdings in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DGTL Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DGTL Holdings will appreciate offsetting losses from the drop in the long position's value.DGTL Holdings Pair Trading
DGTL Holdings Pair Trading Analysis
The ability to find closely correlated positions to DGTL Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DGTL Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DGTL Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DGTL Holdings to buy it.
The correlation of DGTL Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DGTL Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DGTL Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DGTL Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your DGTL Holdings position
In addition to having DGTL Holdings in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Recycling Theme or any other thematic opportunities.
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Additional Tools for DGTL Stock Analysis
When running DGTL Holdings' price analysis, check to measure DGTL Holdings' 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 DGTL Holdings is operating at the current time. Most of DGTL Holdings' value examination focuses on studying past and present price action to predict the probability of DGTL Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DGTL Holdings' price. Additionally, you may evaluate how the addition of DGTL Holdings to your portfolios can decrease your overall portfolio volatility.