DGI Historical Balance Sheet
DGI Stock | 0.1 0.01 13.64% |
Trend analysis of DG Innovate PLC balance sheet accounts such as Total Stockholder Equity of 4.6 M or Accounts Payable of 160 K provides information on DG Innovate's total assets, liabilities, and equity, which is the actual value of DG Innovate PLC to its prevalent stockholders. By breaking down trends over time using DG Innovate balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining DG Innovate PLC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether DG Innovate PLC is a good buy for the upcoming year.
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About DGI Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of DG Innovate PLC at a specified time, usually calculated after every quarter, six months, or one year. DG Innovate Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DG Innovate and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which DGI currently owns. An asset can also be divided into two categories, current and non-current.
DG Innovate Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of DG Innovate assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in DG Innovate PLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on DG Innovate balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of DG Innovate PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents DG Innovate obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of DG Innovate PLC are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from DG Innovate's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into DG Innovate PLC current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 DG Innovate PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, DG Innovate's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 4.6 M, whereas Retained Earnings are forecasted to decline to (10.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 1.2M | 640.2K | 564.9K | 779.7K | Total Assets | 5.2M | 6.6M | 7.2M | 7.6M |
DG Innovate balance sheet Correlations
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DG Innovate balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.2K | 468.0 | 5.2M | 6.6M | 7.2M | 7.6M | |
Total Current Liabilities | 1.9M | 2.1M | 1.2M | 640.2K | 564.9K | 779.7K | |
Total Stockholder Equity | (1.9M) | (2.1M) | 2.8M | 5.4M | 4.4M | 4.6M | |
Net Tangible Assets | (13.7K) | (1.6M) | (1.9M) | (2.1M) | (1.9M) | (1.8M) | |
Retained Earnings | (36.3M) | (36.6M) | (35.7M) | (46.2M) | (10.3M) | (10.8M) | |
Accounts Payable | 323.4K | 365.7K | 234.6K | 204.4K | 91.7K | 160.0K | |
Cash | 162.0 | 468.0 | 57.5K | 235.0K | 1.9M | 2.0M | |
Total Liab | 1.9M | 2.1M | 2.4M | 1.2M | 2.9M | 1.5M | |
Total Current Assets | 10.2K | 468.0 | 174.7K | 1.3M | 2.3M | 2.4M | |
Other Current Liab | 1.3M | 1.6M | 151.0K | 292.7K | 265.2K | 396.0K | |
Property Plant And Equipment Net | 650.2K | 551.5K | 859.7K | 725.1K | 536.2K | 639.9K | |
Net Debt | 291.0K | 211.6K | 1.8M | 380.0K | 574.5K | 319.2K | |
Non Currrent Assets Other | 200K | 1K | (5.3M) | (5.3M) | (1.0) | (1.05) | |
Cash And Short Term Investments | 162.0 | 468.0 | 57.5K | 235.0K | 1.9M | 2.0M | |
Liabilities And Stockholders Equity | 10.2K | 468.0 | 5.2M | 6.6M | 7.2M | 7.6M | |
Other Current Assets | 10.1K | 324.3K | 117.3K | 1.0M | 404.7K | 286.5K | |
Short Long Term Debt Total | 291.2K | 212.1K | 1.9M | 615.0K | 2.5M | 2.6M | |
Short Term Debt | 291.2K | 212.1K | 764.8K | 143.2K | 208.0K | 257.0K | |
Net Invested Capital | (1.6M) | (2.0M) | 934.4K | 5.5M | 6.5M | 6.8M | |
Net Working Capital | (1.9M) | (2.1M) | 853.9K | 618.3K | 1.7M | 1.8M | |
Intangible Assets | 3.5M | 3.8M | 4.1M | 4.6M | 4.4M | 4.0M | |
Net Receivables | 10.1K | 13.8K | 86.7K | 894.4K | 404.7K | 253.6K | |
Long Term Debt | 537.6K | 919.8K | 880.7K | 185.4K | 1.9M | 2.0M | |
Short Long Term Debt | 291.2K | 152.1K | 715.2K | 83.3K | 132.8K | 192.3K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in DGI Stock
Balance Sheet is a snapshot of the financial position of DG Innovate PLC at a specified time, usually calculated after every quarter, six months, or one year. DG Innovate Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DG Innovate and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which DGI currently owns. An asset can also be divided into two categories, current and non-current.