Doubledown Interactive Co Stock Today

DDI Stock  USD 16.50  0.50  3.13%   

Performance

12 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Doubledown Interactive is trading at 16.50 as of the 10th of November 2024. This is a 3.13 percent increase since the beginning of the trading day. The stock's open price was 16.0. Doubledown Interactive has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Doubledown Interactive Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of October 2024 and ending today, the 10th of November 2024. Click here to learn more.
Business Domain
Media & Entertainment
IPO Date
31st of August 2021
Category
Communication Services
DoubleDown Interactive Co., Ltd. engages in the development and publishing of digital games on mobile and web-based platforms for casual players in South Korea. DoubleDown Interactive Co., Ltd. operates as a subsidiary of DoubleU Games Co., Ltd. Doubledown Interactive is traded on NASDAQ Exchange in the United States.. The company has 49.55 M outstanding shares of which 105.74 K shares are currently shorted by investors with about 2.35 days to cover. More on Doubledown Interactive Co

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Doubledown Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Thematic Ideas
(View all Themes)
Business ConcentrationMovies & Entertainment, Electronic Gaming & Multimedia, Communication Services, NASDAQ Composite, Toys, Online Gaming, Communication Services, Entertainment, Electronic Gaming & Multimedia, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.30.3669
Significantly Down
Slightly volatile
Gross Profit Margin0.550.9084
Way Down
Slightly volatile
Total Current Liabilities56.6 M68.3 M
Significantly Down
Slightly volatile
Non Current Liabilities Total6.6 M6.9 M
Notably Down
Slightly volatile
Total Assets925 M841 M
Significantly Up
Slightly volatile
Total Current Assets202.8 M316.4 M
Way Down
Slightly volatile
Total Cash From Operating Activities56.9 M28.7 M
Way Up
Slightly volatile
Debt Levels
Doubledown Interactive can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Doubledown Interactive's financial leverage. It provides some insight into what part of Doubledown Interactive's total assets is financed by creditors.
Liquidity
Doubledown Interactive Co has 46.38 M in debt with debt to equity (D/E) ratio of 0.05, which may show that the company is not taking advantage of profits from borrowing. Doubledown Interactive has a current ratio of 3.17, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Doubledown to invest in growth at high rates of return.

Stock Based Compensation

(12.63 Million)
Doubledown Interactive Co (DDI) is traded on NASDAQ Exchange in USA. It is located in Gangnam Finance Center, Seoul, South Korea, 06236 and employs 4 people. Doubledown Interactive is listed under Movies & Entertainment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 817.63 M. Doubledown Interactive runs under Entertainment sector within Communication Services industry. The entity has 49.55 M outstanding shares of which 105.74 K shares are currently shorted by investors with about 2.35 days to cover. Doubledown Interactive Co has about 284.43 M in cash with 28.71 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.74.
Check Doubledown Interactive Probability Of Bankruptcy
Ownership Allocation
Doubledown Interactive holds a total of 49.55 Million outstanding shares. Roughly 70.48 percent of Doubledown Interactive outstanding shares are held by general public with 0.57 (percent) owned by insiders and only 28.95 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Doubledown Ownership Details

Doubledown Stock Institutional Holders

InstituionRecorded OnShares
Qube Research & Technologies2024-06-30
115
Ubs Group Ag2024-06-30
100.0
Atlantic Trust Group, Llc2024-06-30
70.0
Acadian Asset Management Llc2024-06-30
0.0
Tower Research Capital Llc2024-06-30
0.0
Equitec Proprietary Markets, Llc2024-09-30
0.0
B. Riley Financial Inc2024-06-30
4.1 M
Ameriprise Financial Inc2024-06-30
486.7 K
Millennium Management Llc2024-06-30
48.6 K
Renaissance Technologies Corp2024-06-30
40.5 K
Aristides Capital Llc2024-06-30
29.7 K
View Doubledown Interactive Diagnostics

Doubledown Interactive Historical Income Statement

As of now, Doubledown Interactive's Selling And Marketing Expenses is increasing as compared to previous years. The Doubledown Interactive's current Total Revenue is estimated to increase to about 346.8 M, while Tax Provision is forecasted to increase to (36.2 M). View More Fundamentals

Doubledown Stock Against Markets

Doubledown Interactive Corporate Management

Haenam KimChief DirectorProfile
Joseph SigristCFO DirectorProfile
In KimCEO DirectorProfile
Ki KimChief DirectorProfile
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:
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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
0.362
Earnings Share
2.35
Revenue Per Share
6.709
Quarterly Revenue Growth
0.174
Return On Assets
0.104
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.