DiGiSPICE Technologies Shares Outstanding vs. Total Debt

DIGISPICE   27.54  0.54  2.00%   
Based on DiGiSPICE Technologies' profitability indicators, DiGiSPICE Technologies Limited may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess DiGiSPICE Technologies' ability to earn profits and add value for shareholders.
For DiGiSPICE Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of DiGiSPICE Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well DiGiSPICE Technologies Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between DiGiSPICE Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of DiGiSPICE Technologies Limited over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between DiGiSPICE Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if DiGiSPICE Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DiGiSPICE Technologies' 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.

DiGiSPICE Technologies Total Debt vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining DiGiSPICE Technologies's current stock value. Our valuation model uses many indicators to compare DiGiSPICE Technologies value to that of its competitors to determine the firm's financial worth.
DiGiSPICE Technologies Limited is one of the top stocks in shares outstanding category among its peers. It also is rated as one of the top companies in total debt category among its peers making up about  1.12  of Total Debt per Shares Outstanding. Comparative valuation analysis is a catch-all model that can be used if you cannot value DiGiSPICE Technologies by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for DiGiSPICE Technologies' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

DiGiSPICE Total Debt vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

DiGiSPICE Technologies

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
232.96 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.

DiGiSPICE Technologies

Total Debt

 = 

Bonds

+

Notes

 = 
260.4 M
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.

DiGiSPICE Total Debt vs Competition

DiGiSPICE Technologies Limited is rated as one of the top companies in total debt category among its peers. Total debt of Information Technology industry is currently estimated at about 58.91 Billion. DiGiSPICE Technologies adds roughly 260.4 Million in total debt claiming only tiny portion of equities under Information Technology industry.
Total debt  Revenue  Workforce  Valuation  Capitalization

DiGiSPICE Technologies Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in DiGiSPICE Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, DiGiSPICE Technologies will eventually generate negative long term returns. The profitability progress is the general direction of DiGiSPICE Technologies' change in net profit over the period of time. It can combine multiple indicators of DiGiSPICE Technologies, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income691 M725.5 M
Operating Income67.1 M70.5 M
Income Before Tax600.2 M630.2 M
Total Other Income Expense Net533.1 M559.7 M
Net Income374.5 M393.2 M
Income Tax Expense101.1 M71.5 M
Interest Income14.8 M14 M
Net Income From Continuing Ops499.1 M524 M
Net Loss-236.9 M-248.7 M
Net Interest Income-20.2 M-19.2 M
Change To Netincome-218.8 M-207.9 M

DiGiSPICE Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on DiGiSPICE Technologies. 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 DiGiSPICE Technologies 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 DiGiSPICE Technologies' important profitability drivers and their relationship over time.

Use DiGiSPICE Technologies 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 DiGiSPICE Technologies 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 DiGiSPICE Technologies will appreciate offsetting losses from the drop in the long position's value.

DiGiSPICE Technologies Pair Trading

DiGiSPICE Technologies Limited Pair Trading Analysis

The ability to find closely correlated positions to DiGiSPICE Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DiGiSPICE Technologies 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 DiGiSPICE Technologies - 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 DiGiSPICE Technologies Limited to buy it.
The correlation of DiGiSPICE Technologies 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 DiGiSPICE Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DiGiSPICE Technologies 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 DiGiSPICE Technologies 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.
Pair CorrelationCorrelation Matching

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Other Information on Investing in DiGiSPICE Stock

To fully project DiGiSPICE Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of DiGiSPICE Technologies at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include DiGiSPICE Technologies' income statement, its balance sheet, and the statement of cash flows.
Potential DiGiSPICE Technologies investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although DiGiSPICE Technologies investors may work on each financial statement separately, they are all related. The changes in DiGiSPICE Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on DiGiSPICE Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.