Wade Wegner - DigitalOcean Holdings Chief Officer

DOCN Stock  USD 39.26  1.18  3.10%   

Executive

Wade Wegner is Chief Officer of DigitalOcean Holdings
Address 101 6th Avenue, New York, NY, United States, 10013
Phone646 827 4366
Webhttps://www.digitalocean.com

DigitalOcean Holdings Management Efficiency

The company has return on total asset (ROA) of 0.0438 % which means that it generated a profit of $0.0438 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.3868) %, meaning that it created substantial loss on money invested by shareholders. DigitalOcean Holdings' management efficiency ratios could be used to measure how well DigitalOcean Holdings manages its routine affairs as well as how well it operates its assets and liabilities. At this time, DigitalOcean Holdings' Return On Tangible Assets are very stable compared to the past year. As of the 3rd of December 2024, Return On Capital Employed is likely to grow to 0.01, though Return On Equity is likely to grow to (0.06). At this time, DigitalOcean Holdings' Total Current Assets are very stable compared to the past year. As of the 3rd of December 2024, Return On Tangible Assets is likely to grow to 0.02, though Net Tangible Assets are likely to grow to (416.8 M).
DigitalOcean Holdings currently holds 1.66 B in liabilities. DigitalOcean Holdings has a current ratio of 16.26, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about DigitalOcean Holdings' use of debt, we should always consider it together with its cash and equity.

Similar Executives

Showing other executives

EXECUTIVE Age

Jonathan RunyanOkta Inc
47
Cailin NelsonMongoDB
N/A
Jean EnglishPalo Alto Networks
N/A
Alvina AntarOkta Inc
49
Robert SchlossmanZscaler
56
Brigette McInnisDayUipath Inc
N/A
Larry BiaginiZscaler
65
Mike RichZscaler
N/A
Lena SmartMongoDB
N/A
Clay BilbyPalo Alto Networks
N/A
Alan ChhabraMongoDB
N/A
J HerreraCrowdstrike Holdings
N/A
Amit SinghPalo Alto Networks
51
Brad JDUipath Inc
60
Kerry OkOkta Inc
N/A
Kelsey TurcotteUipath Inc
N/A
Elia ZaitsevCrowdstrike Holdings
N/A
Jon AddisonOkta Inc
49
Brandon DeerUipath Inc
N/A
Sahir AzamMongoDB
N/A
Munil ShahUipath Inc
N/A
DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York. Digitalocean Holdings operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 786 people. DigitalOcean Holdings (DOCN) is traded on New York Stock Exchange in USA. It is located in 101 6th Avenue, New York, NY, United States, 10013 and employs 1,156 people. DigitalOcean Holdings is listed under Internet Services & Infrastructure category by Fama And French industry classification.

Management Performance

DigitalOcean Holdings Leadership Team

Elected by the shareholders, the DigitalOcean Holdings' board of directors comprises two types of representatives: DigitalOcean Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DigitalOcean. The board's role is to monitor DigitalOcean Holdings' management team and ensure that shareholders' interests are well served. DigitalOcean Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, DigitalOcean Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
Cherie Barrett, Senior Officer
Wade Wegner, Chief Officer
William Sorenson, Chief Financial Officer
Gabriel Monroy, Chief Officer
Bratin Saha, Chief Officer
Lawrence DAngelo, Chief Officer
Warren Jenson, Independent Director
Amy Butte, Independent Director
Pratima Arora, Independent Director
Jeffrey Guy, Chief Officer
Megan Wood, Chief Officer
Melanie Strate, Head Relations
Carly Brantz, Chief Marketing Officer
Adrienne CPA, VP Officer
Rob IRC, Vice Relations
Padmanabhan Srinivasan, CEO Director
Yancey Spruill, Chief Executive Officer, Director
Hilary Schneider, Independent Director
Alan JD, General Secretary
Matthew Norman, Chief People Officer
Jeffrey Guyton, Chief Operating Officer
Pueo Keffer, Independent Director
Matthew Steinfort, Chief Officer
Aaqib Gadit, Chief Officer
Warren Adelman, Independent Director
Alan Shapiro, General Secretary
Peter Levine, Independent Director
Barry Cooks, Chief Technology Officer

DigitalOcean Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is DigitalOcean Holdings a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
When determining whether DigitalOcean Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DigitalOcean Holdings' 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 Digitalocean Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digitalocean Holdings Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DigitalOcean Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in DigitalOcean Stock, please use our How to Invest in DigitalOcean Holdings guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple 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.