Digital Long Term Debt Total vs Retained Earnings Analysis

DGLY Stock  USD 0.82  0.15  15.46%   
Digital Ally financial indicator trend analysis is much more than just examining Digital Ally latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digital Ally is a good investment. Please check the relationship between Digital Ally Long Term Debt Total and its Retained Earnings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digital Ally. 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.
For more information on how to buy Digital Stock please use our How to Invest in Digital Ally guide.

Long Term Debt Total vs Retained Earnings

Long Term Debt Total vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digital Ally Long Term Debt Total account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Digital Ally's Long Term Debt Total and Retained Earnings is -0.14. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Digital Ally, assuming nothing else is changed. The correlation between historical values of Digital Ally's Long Term Debt Total and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Digital Ally are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Long Term Debt Total i.e., Digital Ally's Long Term Debt Total and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Debt Total

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Digital Ally's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digital Ally 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 Digital Ally. 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.
For more information on how to buy Digital Stock please use our How to Invest in Digital Ally guide.Enterprise Value is likely to rise to about 29.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 9.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.7M2.3M5.8M6.3M
Total Revenue21.4M37.0M28.2M21.4M

Digital Ally fundamental ratios Correlations

-0.040.820.730.910.810.48-0.63-0.450.570.760.780.530.710.760.82-0.580.770.240.910.70.620.750.90.060.53
-0.040.120.52-0.360.280.630.55-0.610.5-0.270.330.470.31-0.270.06-0.030.37-0.140.170.430.70.37-0.170.62-0.28
0.820.120.740.750.60.35-0.69-0.30.350.880.580.320.570.880.46-0.450.60.270.740.520.60.580.890.160.69
0.730.520.740.520.890.77-0.13-0.70.860.390.890.80.820.390.64-0.580.90.080.880.810.950.910.580.630.21
0.91-0.360.750.520.680.23-0.78-0.20.370.820.630.360.590.820.73-0.540.610.340.80.520.360.60.92-0.170.6
0.810.280.60.890.680.74-0.16-0.660.920.351.00.920.930.350.79-0.630.97-0.010.960.820.860.990.580.360.15
0.480.630.350.770.230.740.15-0.980.810.080.760.80.60.080.53-0.420.85-0.050.670.940.870.740.280.440.07
-0.630.55-0.69-0.13-0.78-0.160.15-0.140.2-0.93-0.110.22-0.07-0.93-0.240.15-0.13-0.31-0.38-0.130.07-0.07-0.820.42-0.84
-0.45-0.61-0.3-0.7-0.2-0.66-0.98-0.14-0.73-0.06-0.68-0.72-0.51-0.06-0.530.43-0.79-0.02-0.61-0.94-0.81-0.65-0.27-0.4-0.08
0.570.50.350.860.370.920.810.2-0.730.010.940.970.870.010.7-0.580.91-0.060.80.780.890.940.290.57-0.18
0.76-0.270.880.390.820.350.08-0.93-0.060.010.31-0.020.281.00.36-0.260.340.340.550.330.230.290.93-0.220.86
0.780.330.580.890.631.00.76-0.11-0.680.940.310.930.930.310.76-0.610.98-0.050.950.820.880.990.530.370.11
0.530.470.320.80.360.920.80.22-0.720.97-0.020.930.89-0.020.66-0.60.91-0.140.780.770.860.940.240.45-0.16
0.710.310.570.820.590.930.6-0.07-0.510.870.280.930.890.280.72-0.670.860.030.840.660.810.940.50.270.0
0.76-0.270.880.390.820.350.08-0.93-0.060.011.00.31-0.020.280.36-0.260.340.340.550.330.230.290.93-0.220.86
0.820.060.460.640.730.790.53-0.24-0.530.70.360.760.660.720.36-0.660.740.410.80.710.60.750.660.160.11
-0.58-0.03-0.45-0.58-0.54-0.63-0.420.150.43-0.58-0.26-0.61-0.6-0.67-0.26-0.66-0.62-0.37-0.63-0.57-0.5-0.59-0.5-0.19-0.02
0.770.370.60.90.610.970.85-0.13-0.790.910.340.980.910.860.340.74-0.62-0.040.940.910.890.960.550.370.22
0.24-0.140.270.080.34-0.01-0.05-0.31-0.02-0.060.34-0.05-0.140.030.340.41-0.37-0.040.060.150.01-0.050.51-0.050.13
0.910.170.740.880.80.960.67-0.38-0.610.80.550.950.780.840.550.8-0.630.940.060.810.790.920.740.280.36
0.70.430.520.810.520.820.94-0.13-0.940.780.330.820.770.660.330.71-0.570.910.150.810.840.780.550.310.27
0.620.70.60.950.360.860.870.07-0.810.890.230.880.860.810.230.6-0.50.890.010.790.840.890.430.590.07
0.750.370.580.910.60.990.74-0.07-0.650.940.290.990.940.940.290.75-0.590.96-0.050.920.780.890.510.420.07
0.9-0.170.890.580.920.580.28-0.82-0.270.290.930.530.240.50.930.66-0.50.550.510.740.550.430.51-0.070.7
0.060.620.160.63-0.170.360.440.42-0.40.57-0.220.370.450.27-0.220.16-0.190.37-0.050.280.310.590.42-0.07-0.26
0.53-0.280.690.210.60.150.07-0.84-0.08-0.180.860.11-0.160.00.860.11-0.020.220.130.360.270.070.070.7-0.26
Click cells to compare fundamentals

Digital Ally Account Relationship Matchups

Digital Ally fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.9M20.8M83.0M56.7M47.0M24.4M
Short Long Term Debt Total8.5M996.8K2.2M1.8M9.9M10.4M
Other Current Liab851.8K796.1K16.0M1.6M4.6M4.9M
Total Current Liabilities6.9M3.7M23.0M13.5M22.5M23.7M
Total Stockholder Equity(6.3M)14.4M55.8M35.9M10.8M13.1M
Property Plant And Equipment Net319.5K1.4M7.8M8.7M8.3M8.8M
Current Deferred Revenue1.7M1.6M1.7M2.2M2.9M3.1M
Net Debt1.7M(3.4M)(29.8M)(1.8M)9.2M9.7M
Retained Earnings(87.4M)(90.0M)(68.7M)(92.0M)(117.7M)(111.8M)
Accounts Payable2.3M1.1M4.6M9.5M10.7M11.3M
Cash359.7K4.4M32.0M3.5M680.5K646.5K
Non Current Assets Total1.3M3.0M26.8M31.7M31.4M33.0M
Non Currrent Assets Other532.5K1.2M2.1M5.2M6.6M6.9M
Other Assets205.0K302.1K1.02.1M2.4M2.5M
Cash And Short Term Investments359.7K4.4M32.0M3.5M680.5K646.5K
Net Receivables1.6M3.2M4.7M6.1M4.7M3.8M
Common Stock Total Equity7.0K10.4K12.1K26.8424.1622.95
Common Stock Shares Outstanding573.9K1.1M2.5M2.5M2.8M2.9M
Liabilities And Stockholders Equity8.9M20.8M83.0M56.7M47.0M24.4M
Inventory5.3M8.2M9.7M6.8M3.8M7.6M
Other Current Assets381.1K2.0M9.7M8.5M6.4M6.7M
Other Stockholder Equity81.1M104.3M124.4M127.9M128.4M134.9M
Total Liab15.2M6.4M27.1M20.3M35.6M37.4M
Property Plant And Equipment Gross319.5K753.187.8M8.7M9.8M10.3M
Total Current Assets7.7M17.8M56.1M25.0M15.6M17.6M
Short Term Debt2.0M125.2K763.3K780.0K4.2M4.5M
Common Stock12.1K26.8K50.9K2.7K2.8K2.7K
Property Plant Equipment247.5K197.1K1.4M7.8M9.0M9.5M
Other Liab2.0M1.8M1.8M2.7M3.1M3.2M
Non Current Liabilities Total8.3M2.7M4.1M6.8M13.0M13.7M
Intangible Assets413.3K392.6K7.0M6.5M5.1M5.4M
Net Tangible Assets(1.9M)(6.7M)14.0M38.9M44.7M47.0M
Long Term Debt6.5M148.3K727.3K442.5K4.9M2.9M
Retained Earnings Total Equity(61.9M)(77.4M)(87.4M)(90.0M)(81.0M)(77.0M)
Capital Surpluse64.9M78.1M83.2M106.5M122.5M128.6M

Also Currently Popular

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.

Additional Tools for Digital Stock Analysis

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.