Doubledown Interactive Co Stock Current Asset
DDI Stock | USD 10.57 0.02 0.19% |
Doubledown Interactive Co fundamentals help investors to digest information that contributes to Doubledown Interactive's financial success or failures. It also enables traders to predict the movement of Doubledown Stock. The fundamental analysis module provides a way to measure Doubledown Interactive's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Doubledown Interactive stock.
The Doubledown Interactive's current Non Current Assets Total is estimated to increase to about 525.2 M, while Other Current Assets are projected to decrease to under 6 M. Doubledown | Current Asset |
Doubledown Interactive Co Company Current Asset Analysis
Doubledown Interactive's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Doubledown Current Asset Historical Pattern
Today, most investors in Doubledown Interactive Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Doubledown Interactive's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Doubledown Interactive current asset as a starting point in their analysis.
Doubledown Interactive Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Doubledown Total Assets
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In accordance with the recently published financial statements, Doubledown Interactive Co has a Current Asset of 0.0. This is 100.0% lower than that of the Entertainment sector and about the same as Communication Services (which currently averages 0.0) industry. The current asset for all United States stocks is 100.0% higher than that of the company.
Doubledown Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Doubledown Interactive's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Doubledown Interactive could also be used in its relative valuation, which is a method of valuing Doubledown Interactive by comparing valuation metrics of similar companies.Doubledown Interactive is currently under evaluation in current asset category among its peers.
Doubledown Interactive ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Doubledown Interactive's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Doubledown Interactive's managers, analysts, and investors.Environmental | Governance | Social |
Doubledown Fundamentals
Return On Equity | 0.15 | ||||
Return On Asset | 0.11 | ||||
Profit Margin | 0.33 % | ||||
Operating Margin | 0.42 % | ||||
Current Valuation | 194.68 M | ||||
Shares Outstanding | 49.55 M | ||||
Shares Owned By Insiders | 0.57 % | ||||
Shares Owned By Institutions | 29.25 % | ||||
Number Of Shares Shorted | 95.63 K | ||||
Price To Earning | 5.24 X | ||||
Price To Book | 0.64 X | ||||
Price To Sales | 1.53 X | ||||
Revenue | 308.86 M | ||||
Gross Profit | 211.72 M | ||||
EBITDA | 136.72 M | ||||
Net Income | 101.66 M | ||||
Cash And Equivalents | 284.43 M | ||||
Cash Per Share | 5.74 X | ||||
Total Debt | 46.35 M | ||||
Debt To Equity | 0.05 % | ||||
Current Ratio | 3.23 X | ||||
Book Value Per Share | 16.46 X | ||||
Cash Flow From Operations | 20.83 M | ||||
Short Ratio | 1.42 X | ||||
Earnings Per Share | 2.31 X | ||||
Target Price | 21.75 | ||||
Beta | 0.88 | ||||
Market Capitalization | 524.77 M | ||||
Total Asset | 803.34 M | ||||
Retained Earnings | 327.27 M | ||||
Working Capital | 247.25 M | ||||
Net Asset | 803.34 M |
About Doubledown Interactive Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Doubledown Interactive Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Doubledown Interactive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Doubledown Interactive Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Doubledown Interactive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Doubledown Interactive'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 Doubledown Interactive Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Doubledown Interactive Co Stock:Check out Doubledown Interactive Piotroski F Score and Doubledown Interactive Altman Z Score analysis. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Movies & Entertainment 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 Doubledown Interactive. If investors know Doubledown 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 Doubledown Interactive 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 (0.07) | Earnings Share 2.31 | Revenue Per Share 6.911 | Quarterly Revenue Growth 0.137 | Return On Assets 0.1052 |
The market value of Doubledown Interactive is measured differently than its book value, which is the value of Doubledown that is recorded on the company's balance sheet. Investors also form their own opinion of Doubledown Interactive's value that differs from its market value or its book value, called intrinsic value, which is Doubledown Interactive'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 Doubledown Interactive's market value can be influenced by many factors that don't directly affect Doubledown Interactive'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 Doubledown Interactive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Doubledown Interactive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Doubledown Interactive'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.