Digitalbridge Total Current Assets vs Common Stock Analysis
DBRG Stock | USD 11.97 0.23 1.96% |
Digitalbridge financial indicator trend analysis is much more than just examining Digitalbridge Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digitalbridge Group is a good investment. Please check the relationship between Digitalbridge Total Current Assets and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digitalbridge Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Total Current Assets vs Common Stock
Total Current Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digitalbridge Group Total Current Assets account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Digitalbridge's Total Current Assets and Common Stock is 0.61. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Digitalbridge Group, assuming nothing else is changed. The correlation between historical values of Digitalbridge's Total Current Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Digitalbridge Group are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Assets i.e., Digitalbridge's Total Current Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Common Stock
Most indicators from Digitalbridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digitalbridge Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digitalbridge Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Digitalbridge's Tax Provision is most likely to increase significantly in the upcoming years. The Digitalbridge's current Sales General And Administrative To Revenue is estimated to increase to 0.61, while Selling General Administrative is projected to decrease to roughly 281.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 186.9M | 198.5M | 24.5M | 23.3M | Depreciation And Amortization | 1.3B | 518.7M | 36.7M | 34.8M |
Digitalbridge fundamental ratios Correlations
Click cells to compare fundamentals
Digitalbridge Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Digitalbridge fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 19.8B | 20.2B | 14.2B | 11.0B | 3.6B | 3.4B | |
Other Current Liab | 268.2M | 3.7B | 3.6B | 5.3B | 506.0M | 480.7M | |
Total Current Liabilities | 1.8B | 5.0B | 4.0B | 1.3B | 519.8M | 493.8M | |
Total Stockholder Equity | 5.2B | 2.5B | 2.1B | 1.7B | 1.8B | 3.0B | |
Net Debt | 7.8B | 7.1B | 3.3B | 4.5B | 75.5M | 71.7M | |
Retained Earnings | (3.4B) | (6.2B) | (6.6B) | (7.0B) | (6.8B) | (6.5B) | |
Cash | 1.2B | 703.5M | 1.6B | 918.3M | 345.3M | 535.5M | |
Non Current Assets Total | 15.9B | 13.9B | 8.6B | 9.8B | 3.1B | 2.9B | |
Non Currrent Assets Other | 682.6M | 1.0B | 740.4M | (3.8B) | 11.2M | 20.2M | |
Cash And Short Term Investments | 1.2B | 703.5M | 1.6B | 918.3M | 345.3M | 540.1M | |
Common Stock Total Equity | 5.4M | 4.8M | 4.9M | 5.7M | 6.5M | 6.9M | |
Common Stock Shares Outstanding | 119.9M | 118.4M | 122.9M | 154.5M | 169.7M | 95.2M | |
Liabilities And Stockholders Equity | 19.8B | 20.2B | 14.2B | 11.0B | 3.6B | 3.4B | |
Other Stockholder Equity | 7.6B | 7.6B | 7.8B | 7.8B | 7.9B | 4.9B | |
Total Liab | 10.9B | 12.9B | 8.9B | 6.5B | 1.1B | 1.0B | |
Total Current Assets | 3.9B | 6.4B | 5.6B | 1.3B | 464.4M | 441.1M | |
Accumulated Other Comprehensive Income | 47.7M | 122.1M | 42.4M | (1.5M) | 1.4M | 1.3M | |
Short Long Term Debt Total | 9.0B | 8.9B | 5.2B | 5.4B | 420.8M | 399.8M | |
Current Deferred Revenue | 32.3M | 37.5M | 37.1M | 61.5M | (371.8M) | (353.2M) | |
Accounts Payable | 143.9M | 177.8M | 121.9M | 25.2M | 13.8M | 13.2M | |
Net Receivables | 1.6B | 1.4B | 223.2M | 41.3M | 95.4M | 90.6M | |
Non Current Liabilities Total | 9.1B | 7.9B | 4.9B | 5.2B | 533.6M | 506.9M | |
Other Current Assets | (1.5B) | (854.3M) | (1.9B) | 8.4B | 23.6M | 22.4M | |
Short Term Debt | 1.4B | 1.1B | 291.4M | 4.7B | 371.8M | 353.2M | |
Property Plant And Equipment Net | 265.3M | 627.0M | 498.6M | 463.9M | 41.1M | 39.1M | |
Inventory | (315.0K) | 5.1B | 1.0 | (37.5M) | (43.1M) | (40.9M) | |
Property Plant And Equipment Gross | 265.3M | 627.0M | 498.6M | 463.9M | 41.1M | 39.1M | |
Intangible Assets | 638.9M | 1.5B | 1.2B | 1.1B | 103.8M | 98.6M | |
Good Will | 1.5B | 1.5B | 842.9M | 761.4M | 466.0M | 442.7M | |
Other Assets | 1.2B | 2.0B | 9.7B | 6.9B | 2.6B | 3.6B | |
Other Liab | 261.4M | 255.5M | 33.3M | 332.7M | 299.5M | 192.4M | |
Net Tangible Assets | 2.4B | 241.7M | 531.3M | (151.7M) | (136.5M) | (129.7M) | |
Long Term Debt | 9.0B | 7.8B | 4.9B | 4.9B | 371.8M | 353.2M | |
Deferred Long Term Liab | 304.1M | 1.1B | 1.2B | 841.5M | 967.7M | 693.0M | |
Net Invested Capital | 13.2B | 9.3B | 6.2B | 6.0B | 1.4B | 1.3B | |
Long Term Investments | 2.3B | 1.7B | 935.2M | 1.3B | 2.5B | 1.5B | |
Non Current Liabilities Other | 208.1M | 217.5M | 33.3M | 71.7M | 55.5M | 52.7M | |
Net Working Capital | 3.1B | 2.6B | 1.6B | 456.8M | 365.2M | 346.9M |
Currently Active Assets on Macroaxis
When determining whether Digitalbridge Group is a strong investment it is important to analyze Digitalbridge'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 Digitalbridge's future performance. For an informed investment choice regarding Digitalbridge Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digitalbridge Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Real Estate Management & Development 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 Digitalbridge. If investors know Digitalbridge 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 Digitalbridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.04 | Earnings Share 0.9 | Revenue Per Share 5.282 | Quarterly Revenue Growth (0.72) | Return On Assets 0.0338 |
The market value of Digitalbridge Group is measured differently than its book value, which is the value of Digitalbridge that is recorded on the company's balance sheet. Investors also form their own opinion of Digitalbridge's value that differs from its market value or its book value, called intrinsic value, which is Digitalbridge'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 Digitalbridge's market value can be influenced by many factors that don't directly affect Digitalbridge'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 Digitalbridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digitalbridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digitalbridge'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.