Digital Ally Stock Net Asset

DGLY Stock

USD 0.97 0.24 32.88%

Digital Ally fundamentals help investors to digest information that contributes to Digital Ally's financial success or failures. It also enables traders to predict the movement of Digital Stock. The fundamental analysis module provides a way to measure Digital Ally's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Digital Ally stock.

Short Long Term Debt Total Total Assets

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Digital Ally Company Net Asset Analysis

Digital Ally's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

Current Market Value

-

Current Liabilities

More About Net Asset | All Equity Analysis

Current Digital Ally Net Asset

47.03 M

Most of Digital Ally's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Digital Ally is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Digital Net Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Digital Ally is extremely important. It helps to project a fair market value of Digital Stock properly, considering its historical fundamentals such as Net Asset. Since Digital Ally's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Digital Ally's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Digital Ally's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Treasury Stock	Intangible Assets	Net Tangible Assets	Long Term Debt	Short Term Investments	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Long Term Debt Total	Short Long Term Debt	Net Invested Capital	Long Term Investments	Net Working Capital	Capital Stock
Total Assets		0.91	0.48	-0.63	-0.45	0.57	0.82	0.62	0.9	0.06	0.53	0.78	-0.17	0.88	0.74	-0.26	0.23	0.61	0.45	0.41	-0.35	-0.5	0.95	-0.55	0.64	0.52
Total Stockholder Equity	0.91		0.23	-0.78	-0.2	0.37	0.73	0.36	0.92	-0.17	0.6	0.64	-0.18	0.76	0.69	-0.5	0.05	0.41	0.25	0.23	-0.51	-0.55	0.95	-0.33	0.74	0.61
Current Deferred Revenue	0.48	0.23		0.15	-0.98	0.81	0.53	0.87	0.28	0.44	0.07	0.75	-0.01	0.7	0.61	0.24	0.26	0.96	0.89	0.67	0.11	-0.32	0.43	-0.83	0.01	-0.05
Net Debt	-0.63	-0.78	0.15		-0.14	0.2	-0.24	0.07	-0.82	0.42	-0.84	-0.12	0.15	-0.31	-0.19	0.41	0.05	-0.06	-0.04	-0.1	0.28	0.57	-0.66	0.11	-0.88	-0.89
Retained Earnings	-0.45	-0.2	-0.98	-0.14		-0.73	-0.53	-0.81	-0.27	-0.4	-0.08	-0.67	0.12	-0.62	-0.52	-0.24	-0.32	-0.97	-0.91	-0.73	-0.14	0.41	-0.38	0.87	-0.04	0.02
Accounts Payable	0.57	0.37	0.81	0.2	-0.73		0.7	0.89	0.29	0.57	-0.18	0.93	0.08	0.84	0.84	-0.03	0.23	0.75	0.56	0.39	-0.26	-0.02	0.55	-0.54	-0.17	-0.26
Net Receivables	0.82	0.73	0.53	-0.24	-0.53	0.7		0.6	0.66	0.16	0.11	0.76	-0.41	0.76	0.74	-0.3	0.27	0.61	0.45	0.45	-0.39	-0.43	0.73	-0.47	0.3	0.11
Total Liab	0.62	0.36	0.87	0.07	-0.81	0.89	0.6		0.43	0.59	0.07	0.88	0.0	0.82	0.73	0.21	0.36	0.82	0.67	0.52	-0.06	-0.07	0.56	-0.68	0.0	0.0
Total Current Assets	0.9	0.92	0.28	-0.82	-0.27	0.29	0.66	0.43		-0.07	0.7	0.55	-0.34	0.68	0.54	-0.34	0.21	0.46	0.36	0.41	-0.28	-0.55	0.87	-0.38	0.79	0.75
Short Term Debt	0.06	-0.17	0.44	0.42	-0.4	0.57	0.16	0.59	-0.07		-0.26	0.4	0.11	0.27	0.27	-0.05	0.62	0.33	0.23	0.36	0.1	0.4	0.03	-0.11	-0.43	-0.29
Common Stock	0.53	0.6	0.07	-0.84	-0.08	-0.18	0.11	0.07	0.7	-0.26		0.14	-0.07	0.29	0.15	-0.18	0.05	0.25	0.18	0.16	-0.13	-0.5	0.59	-0.36	0.86	0.95
Property Plant Equipment	0.78	0.64	0.75	-0.12	-0.67	0.93	0.76	0.88	0.55	0.4	0.14		0.09	0.96	0.95	-0.12	0.18	0.77	0.52	0.33	-0.43	-0.17	0.79	-0.6	0.13	0.06
Treasury Stock	-0.17	-0.18	-0.01	0.15	0.12	0.08	-0.41	0.0	-0.34	0.11	-0.07	0.09		0.06	0.2	0.07	-0.18	-0.08	-0.19	-0.3	-0.27	0.32	-0.04	0.06	-0.27	-0.19
Intangible Assets	0.88	0.76	0.7	-0.31	-0.62	0.84	0.76	0.82	0.68	0.27	0.29	0.96	0.06		0.9	-0.14	0.18	0.74	0.52	0.35	-0.36	-0.3	0.89	-0.63	0.34	0.21
Net Tangible Assets	0.74	0.69	0.61	-0.19	-0.52	0.84	0.74	0.73	0.54	0.27	0.15	0.95	0.2	0.9		-0.28	0.04	0.66	0.4	0.22	-0.63	-0.19	0.78	-0.46	0.12	0.07
Long Term Debt	-0.26	-0.5	0.24	0.41	-0.24	-0.03	-0.3	0.21	-0.34	-0.05	-0.18	-0.12	0.07	-0.14	-0.28		-0.01	0.09	0.18	0.05	0.51	0.15	-0.4	-0.34	-0.26	-0.26
Short Term Investments	0.23	0.05	0.26	0.05	-0.32	0.23	0.27	0.36	0.21	0.62	0.05	0.18	-0.18	0.18	0.04	-0.01		0.28	0.15	0.56	0.14	-0.09	0.15	-0.31	0.13	0.09
Capital Surpluse	0.61	0.41	0.96	-0.06	-0.97	0.75	0.61	0.82	0.46	0.33	0.25	0.77	-0.08	0.74	0.66	0.09	0.28		0.9	0.72	-0.02	-0.51	0.57	-0.87	0.21	0.15
Deferred Long Term Liab	0.45	0.25	0.89	-0.04	-0.91	0.56	0.45	0.67	0.36	0.23	0.18	0.52	-0.19	0.52	0.4	0.18	0.15	0.9		0.82	0.29	-0.52	0.36	-0.72	0.16	0.1
Accumulated Depreciation	0.41	0.23	0.67	-0.1	-0.73	0.39	0.45	0.52	0.41	0.36	0.16	0.33	-0.3	0.35	0.22	0.05	0.56	0.72	0.82		0.3	-0.54	0.27	-0.54	0.21	0.14
Long Term Debt Total	-0.35	-0.51	0.11	0.28	-0.14	-0.26	-0.39	-0.06	-0.28	0.1	-0.13	-0.43	-0.27	-0.36	-0.63	0.51	0.14	-0.02	0.29	0.3		0.07	-0.45	-0.04	-0.07	-0.11
Short Long Term Debt	-0.5	-0.55	-0.32	0.57	0.41	-0.02	-0.43	-0.07	-0.55	0.4	-0.5	-0.17	0.32	-0.3	-0.19	0.15	-0.09	-0.51	-0.52	-0.54	0.07		-0.43	0.58	-0.65	-0.48
Net Invested Capital	0.95	0.95	0.43	-0.66	-0.38	0.55	0.73	0.56	0.87	0.03	0.59	0.79	-0.04	0.89	0.78	-0.4	0.15	0.57	0.36	0.27	-0.45	-0.43		-0.48	0.68	0.56
Long Term Investments	-0.55	-0.33	-0.83	0.11	0.87	-0.54	-0.47	-0.68	-0.38	-0.11	-0.36	-0.6	0.06	-0.63	-0.46	-0.34	-0.31	-0.87	-0.72	-0.54	-0.04	0.58	-0.48		-0.34	-0.23
Net Working Capital	0.64	0.74	0.01	-0.88	-0.04	-0.17	0.3	0.0	0.79	-0.43	0.86	0.13	-0.27	0.34	0.12	-0.26	0.13	0.21	0.16	0.21	-0.07	-0.65	0.68	-0.34		0.88
Capital Stock	0.52	0.61	-0.05	-0.89	0.02	-0.26	0.11	0.0	0.75	-0.29	0.95	0.06	-0.19	0.21	0.07	-0.26	0.09	0.15	0.1	0.14	-0.11	-0.48	0.56	-0.23	0.88

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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.

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Digital Total Assets

Total Assets

24.43 Million

At this time, Digital Ally's Total Assets are fairly stable compared to the past year.

Based on the recorded statements, Digital Ally has a Net Asset of 47.03 M. This is much higher than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The net asset for all United States stocks is notably lower than that of the firm.

Digital Net Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Digital Ally's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Digital Ally could also be used in its relative valuation, which is a method of valuing Digital Ally by comparing valuation metrics of similar companies.

Digital Ally is currently under evaluation in net asset category among its peers.

Digital Ally Institutional Holders

Institutional Holdings refers to the ownership stake in Digital Ally that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Digital Ally's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Digital Ally's value.

		Shares
Jpmorgan Chase & Co	2024-06-30	38.0
Corecap Advisors, Llc	2024-06-30	32.0
Royal Bank Of Canada	2024-06-30	23.0
Fmr Inc	2024-09-30	14.0
Advisor Group Holdings, Inc.	2024-06-30	6.0
Wells Fargo & Co	2024-06-30	0.0
Blackrock Inc	2024-06-30	39.8 K
Vanguard Group Inc	2024-09-30	30.6 K
Geode Capital Management, Llc	2024-06-30	23.3 K
Tower Research Capital Llc	2024-06-30	3.8 K
Ubs Group Ag	2024-06-30	1.8 K

Digital Fundamentals

	Return On Equity	-1.58
	Return On Asset	-0.24
	Profit Margin	(0.86) %
	Operating Margin	(0.70) %
	Current Valuation	14.38 M
	Shares Outstanding	4.66 M
	Shares Owned By Insiders	6.18 %
	Shares Owned By Institutions	3.15 %
	Number Of Shares Shorted	377.45 K
	Price To Earning	23.42 X
	Price To Book	1.47 X
	Price To Sales	0.19 X
	Revenue	28.25 M
	Gross Profit	5.66 M
	EBITDA	(20.11 M)
	Net Income	(25.69 M)
	Cash And Equivalents	13.45 M
	Cash Per Share	0.28 X
	Total Debt	9.92 M
	Debt To Equity	0.05 %
	Current Ratio	1.79 X
	Book Value Per Share	0.66 X
	Cash Flow From Operations	(9.89 M)
	Short Ratio	6.31 X
	Earnings Per Share	(7.10) X
	Price To Earnings To Growth	(0.09) X
	Target Price	11.0
	Number Of Employees	170
	Beta	0.87
	Market Capitalization	4.5 M
	Total Asset	47.03 M
	Retained Earnings	(117.67 M)
	Working Capital	(6.96 M)
	Current Asset	21.68 M
	Current Liabilities	2.99 M
	Net Asset	47.03 M

About Digital Ally Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Digital Ally's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Digital Ally using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Digital Ally based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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When running Digital Ally's price analysis, check to measure Digital Ally's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Digital Ally is operating at the current time. Most of Digital Ally's value examination focuses on studying past and present price action to predict the probability of Digital Ally's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Ally's price. Additionally, you may evaluate how the addition of Digital Ally to your portfolios can decrease your overall portfolio volatility.

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