DigitalOcean Income Before Tax from 2010 to 2024
DOCN Stock | USD 39.60 0.73 1.88% |
Income Before Tax | First Reported 2010-12-31 | Previous Quarter 26.8 M | Current Value 28.1 M | Quarterly Volatility 22.2 M |
Check DigitalOcean Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DigitalOcean Holdings' main balance sheet or income statement drivers, such as Tax Provision of 7.7 M, Net Interest Income of 15.6 M or Depreciation And Amortization of 91.5 M, as well as many indicators such as Price To Sales Ratio of 4.53, Dividend Yield of 0.0 or Days Sales Outstanding of 25.6. DigitalOcean financial statements analysis is a perfect complement when working with DigitalOcean Holdings Valuation or Volatility modules.
DigitalOcean | Income Before Tax |
Latest DigitalOcean Holdings' Income Before Tax Growth Pattern
Below is the plot of the Income Before Tax of DigitalOcean Holdings over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on DigitalOcean Holdings income statement and is an important metric when analyzing DigitalOcean Holdings profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is DigitalOcean Holdings' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DigitalOcean Holdings' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax | 10 Years Trend |
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Income Before Tax |
Timeline |
DigitalOcean Income Before Tax Regression Statistics
Arithmetic Mean | (25,531,547) | |
Coefficient Of Variation | (87.14) | |
Mean Deviation | 15,254,532 | |
Median | (34,778,000) | |
Standard Deviation | 22,247,956 | |
Sample Variance | 495T | |
Range | 70.8M | |
R-Value | 0.64 | |
Mean Square Error | 313.2T | |
R-Squared | 0.41 | |
Significance | 0.01 | |
Slope | 3,194,506 | |
Total Sum of Squares | 6929.6T |
DigitalOcean Income Before Tax History
About DigitalOcean Holdings Financial Statements
DigitalOcean Holdings investors utilize fundamental indicators, such as Income Before Tax, to predict how DigitalOcean Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Income Before Tax | 26.8 M | 28.1 M |
Check out the analysis of DigitalOcean Holdings Correlation against competitors. To learn how to invest in DigitalOcean Stock, please use our How to Invest in DigitalOcean Holdings guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Internet Services & Infrastructure 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 DigitalOcean Holdings. If investors know DigitalOcean 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 DigitalOcean Holdings 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 0.65 | Earnings Share 0.86 | Revenue Per Share 8.348 | Quarterly Revenue Growth 0.121 | Return On Assets 0.0438 |
The market value of DigitalOcean Holdings is measured differently than its book value, which is the value of DigitalOcean that is recorded on the company's balance sheet. Investors also form their own opinion of DigitalOcean Holdings' value that differs from its market value or its book value, called intrinsic value, which is DigitalOcean Holdings' 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 DigitalOcean Holdings' market value can be influenced by many factors that don't directly affect DigitalOcean Holdings' 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 DigitalOcean Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DigitalOcean Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DigitalOcean Holdings' 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.