DMD Digital Debt

APTOF Stock  USD 1.45  0.06  3.97%   
DMD Digital Health has over 14.67 Million in debt which may indicate that it relies heavily on debt financing. At this time, DMD Digital's Short and Long Term Debt is most likely to decrease significantly in the upcoming years. The DMD Digital's current Short Term Debt is estimated to increase to about 8.6 M, while Long Term Debt is projected to decrease to roughly 6.9 M. DMD Digital's financial risk is the risk to DMD Digital stockholders that is caused by an increase in debt.

Asset vs Debt

Equity vs Debt

DMD Digital's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. DMD Digital's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps DMD Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect DMD Digital's stakeholders.

DMD Digital Quarterly Net Debt

18.1 Million

For most companies, including DMD Digital, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for DMD Digital Health, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, DMD Digital's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Price Book
67.8375
Book Value
(7.62)
Return On Assets
(1.41)
Given that DMD Digital's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which DMD Digital is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of DMD Digital to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, DMD Digital is said to be less leveraged. If creditors hold a majority of DMD Digital's assets, the Company is said to be highly leveraged.
At this time, DMD Digital's Non Current Liabilities Total is most likely to increase significantly in the upcoming years. The DMD Digital's current Change To Liabilities is estimated to increase to about 1 M, while Total Current Liabilities is projected to decrease to roughly 4.2 M.
Check out the analysis of DMD Digital Fundamentals Over Time.

DMD Digital Bond Ratings

DMD Digital Health financial ratings play a critical role in determining how much DMD Digital have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for DMD Digital's borrowing costs.
Piotroski F Score
1
Very WeakView
Beneish M Score
(1.89)
Possible ManipulatorView

DMD Digital Health Debt to Cash Allocation

Many companies such as DMD Digital, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
DMD Digital Health has accumulated 14.67 M in total debt with debt to equity ratio (D/E) of 23.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. DMD Digital Health has a current ratio of 1.78, which is within standard range for the sector. Note, when we think about DMD Digital's use of debt, we should always consider it together with its cash and equity.

DMD Digital Total Assets Over Time

DMD Digital Assets Financed by Debt

Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the DMD Digital's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of DMD Digital, which in turn will lower the firm's financial flexibility.

DMD Digital Corporate Bonds Issued

Most DMD bonds can be classified according to their maturity, which is the date when DMD Digital Health has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

DMD Long Term Debt

Long Term Debt

6.93 Million

At this time, DMD Digital's Long Term Debt is most likely to decrease significantly in the upcoming years.

Understaning DMD Digital Use of Financial Leverage

DMD Digital's financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures DMD Digital's total debt position, including all outstanding debt obligations, and compares it with DMD Digital's equity. Financial leverage can amplify the potential profits to DMD Digital's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if DMD Digital is unable to cover its debt costs.
Last ReportedProjected for Next Year
Long Term DebtM6.9 M
Short and Long Term Debt5.9 M8.6 M
Short Term Debt5.9 M8.6 M
Net Debt3.5 M3.1 M
Please read more on our technical analysis page.

Currently Active Assets on Macroaxis

When determining whether DMD Digital Health is a strong investment it is important to analyze DMD Digital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DMD Digital's future performance. For an informed investment choice regarding DMD Stock, refer to the following important reports:
Check out the analysis of DMD Digital Fundamentals Over Time.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Health Care Technology 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 DMD Digital. If investors know DMD 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 DMD Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.69
Return On Assets
(1.41)
The market value of DMD Digital Health is measured differently than its book value, which is the value of DMD that is recorded on the company's balance sheet. Investors also form their own opinion of DMD Digital's value that differs from its market value or its book value, called intrinsic value, which is DMD Digital'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 DMD Digital's market value can be influenced by many factors that don't directly affect DMD Digital'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 DMD Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if DMD Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DMD Digital'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.

What is Financial Leverage?

Financial leverage is the use of borrowed money (debt) to finance the purchase of assets with the expectation that the income or capital gain from the new asset will exceed the cost of borrowing. In most cases, the debt provider will limit how much risk it is ready to take and indicate a limit on the extent of the leverage it will allow. In the case of asset-backed lending, the financial provider uses the assets as collateral until the borrower repays the loan. In the case of a cash flow loan, the general creditworthiness of the company is used to back the loan. The concept of leverage is common in the business world. It is mostly used to boost the returns on equity capital of a company, especially when the business is unable to increase its operating efficiency and returns on total investment. Because earnings on borrowing are higher than the interest payable on debt, the company's total earnings will increase, ultimately boosting stockholders' profits.

Leverage and Capital Costs

The debt to equity ratio plays a role in the working average cost of capital (WACC). The overall interest on debt represents the break-even point that must be obtained to profitability in a given venture. Thus, WACC is essentially the average interest an organization owes on the capital it has borrowed for leverage. Let's say equity represents 60% of borrowed capital, and debt is 40%. This results in a financial leverage calculation of 40/60, or 0.6667. The organization owes 10% on all equity and 5% on all debt. That means that the weighted average cost of capital is (.4)(5) + (.6)(10) - or 8%. For every $10,000 borrowed, this organization will owe $800 in interest. Profit must be higher than 8% on the project to offset the cost of interest and justify this leverage.

Benefits of Financial Leverage

Leverage provides the following benefits for companies:
  • Leverage is an essential tool a company's management can use to make the best financing and investment decisions.
  • It provides a variety of financing sources by which the firm can achieve its target earnings.
  • Leverage is also an essential technique in investing as it helps companies set a threshold for the expansion of business operations. For example, it can be used to recommend restrictions on business expansion once the projected return on additional investment is lower than the cost of debt.
By borrowing funds, the firm incurs a debt that must be paid. But, this debt is paid in small installments over a relatively long period of time. This frees funds for more immediate use in the stock market. For example, suppose a company can afford a new factory but will be left with negligible free cash. In that case, it may be better to finance the factory and spend the cash on hand on inputs, labor, or even hold a significant portion as a reserve against unforeseen circumstances.

The Risk of Financial Leverage

The most obvious and apparent risk of leverage is that if price changes unexpectedly, the leveraged position can lead to severe losses. For example, imagine a hedge fund seeded by $50 worth of investor money. The hedge fund borrows another $50 and buys an asset worth $100, leading to a leverage ratio of 2:1. For the investor, this is neither good nor bad -- until the asset price changes. If the asset price goes up 10 percent, the investor earns $10 on $50 of capital, a net gain of 20 percent, and is very pleased with the increased gains from the leverage. However, if the asset price crashes unexpectedly, say by 30 percent, the investor loses $30 on $50 of capital, suffering a 60 percent loss. In other words, the effect of leverage is to increase the volatility of returns and increase the effects of a price change on the asset to the bottom line while increasing the chance for profit as well.