Digi Income Tax Expense from 2010 to 2024

DGII Stock  USD 33.64  0.69  2.09%   
Digi International's Income Tax Expense is decreasing with slightly volatile movements from year to year. Income Tax Expense is predicted to flatten to about 335.4 K. For the period between 2010 and 2024, Digi International, Income Tax Expense quarterly trend regression had mean deviation of  1,218,648 and range of 4.6 M. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-12-31
Previous Quarter
-42 K
Current Value
189 K
Quarterly Volatility
1.4 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Digi International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Digi International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 41 M, Interest Expense of 30.5 M or Selling General Administrative of 37.7 M, as well as many indicators such as Price To Sales Ratio of 2.26, Dividend Yield of 0.0 or PTB Ratio of 2.85. Digi financial statements analysis is a perfect complement when working with Digi International Valuation or Volatility modules.
  
Check out the analysis of Digi International Correlation against competitors.
For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.

Latest Digi International's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Digi International over the last few years. It is Digi International's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Digi International's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Digi Income Tax Expense Regression Statistics

Arithmetic Mean753,023
Geometric Mean874,268
Coefficient Of Variation198.77
Mean Deviation1,218,648
Median353,000
Standard Deviation1,496,802
Sample Variance2.2T
Range4.6M
R-Value(0.52)
Mean Square Error1.8T
R-Squared0.27
Significance0.05
Slope(172,448)
Total Sum of Squares31.4T

Digi Income Tax Expense History

2024335.4 K
2023353 K
2022148 K
2021-755 K
2020-1.4 M
2019-948 K
20181.2 M

About Digi International Financial Statements

Investors use fundamental indicators, such as Digi International's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Digi International's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Tax Expense353 K335.4 K

Currently Active Assets on Macroaxis

When determining whether Digi International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Digi International'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 Digi International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digi International Stock:
Check out the analysis of Digi International Correlation against competitors.
For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Communications Equipment 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 Digi International. If investors know Digi 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 Digi International 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
0.881
Earnings Share
0.61
Revenue Per Share
11.677
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0364
The market value of Digi International is measured differently than its book value, which is the value of Digi that is recorded on the company's balance sheet. Investors also form their own opinion of Digi International's value that differs from its market value or its book value, called intrinsic value, which is Digi International'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 Digi International's market value can be influenced by many factors that don't directly affect Digi International'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 Digi International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digi International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digi International'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.