Digimarc Days Of Inventory On Hand vs Capex To Depreciation Analysis
DMRC Stock | USD 33.89 0.05 0.15% |
Digimarc financial indicator trend analysis is much more than just examining Digimarc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digimarc is a good investment. Please check the relationship between Digimarc Days Of Inventory On Hand and its Capex To Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digimarc. 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. For information on how to trade Digimarc Stock refer to our How to Trade Digimarc Stock guide.
Days Of Inventory On Hand vs Capex To Depreciation
Days Of Inventory On Hand vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digimarc Days Of Inventory On Hand account and Capex To Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Digimarc's Days Of Inventory On Hand and Capex To Depreciation is 0.15. Overlapping area represents the amount of variation of Days Of Inventory On Hand that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Digimarc, assuming nothing else is changed. The correlation between historical values of Digimarc's Days Of Inventory On Hand and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Of Inventory On Hand of Digimarc are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Days Of Inventory On Hand i.e., Digimarc's Days Of Inventory On Hand and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Days Of Inventory On Hand
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from Digimarc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digimarc 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 Digimarc. 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. For information on how to trade Digimarc Stock refer to our How to Trade Digimarc Stock guide.The current year's Tax Provision is expected to grow to about 94.5 K, whereas Selling General Administrative is forecasted to decline to about 11.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 17.7M | 15.3M | 20.2M | 19.5M | Total Revenue | 26.5M | 30.2M | 34.9M | 28.4M |
Digimarc fundamental ratios Correlations
Click cells to compare fundamentals
Digimarc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Digimarc fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 57.4M | 97.0M | 64.9M | 113.8M | 80.6M | 70.4M | |
Other Current Liab | 2.3M | 663K | 745K | 939K | 582K | 1.0M | |
Total Current Liabilities | 5.4M | 9.8M | 7.7M | 10.1M | 12.5M | 13.2M | |
Total Stockholder Equity | 49.5M | 83.8M | 55.4M | 97.6M | 61.9M | 62.7M | |
Other Liab | 59K | 523K | 752K | 76K | 87.4K | 83.0K | |
Property Plant And Equipment Net | 3.7M | 3.3M | 2.9M | 7.1M | 5.6M | 3.2M | |
Current Deferred Revenue | 3.2M | 3.0M | 3.0M | 4.1M | 5.9M | 3.4M | |
Net Debt | (8.7M) | (12.3M) | (12.0M) | (27.6M) | (15.5M) | (16.2M) | |
Accounts Payable | 1.6M | 2.2M | 4.0M | 5.1M | 6.1M | 6.4M | |
Cash | 11.2M | 19.7M | 13.8M | 33.6M | 21.5M | 18.3M | |
Non Current Assets Total | 14.1M | 13.2M | 20.9M | 49.6M | 43.5M | 45.6M | |
Non Currrent Assets Other | 2.7M | 2.2M | 2.0M | 1.1M | 786K | 819.3K | |
Other Assets | 397K | 2.2M | 2.0M | 1.1M | 1.3M | 1.3M | |
Cash And Short Term Investments | 36.8M | 77.7M | 33.3M | 52.5M | 27.2M | 45.3M | |
Net Receivables | 4.0M | 3.9M | 8.4M | 5.4M | 5.8M | 5.1M | |
Common Stock Shares Outstanding | 11.8M | 12.9M | 16.5M | 19.1M | 20.3M | 11.3M | |
Liabilities And Stockholders Equity | 57.4M | 97.0M | 64.9M | 113.8M | 80.6M | 70.4M | |
Non Current Liabilities Total | 2.5M | 3.4M | 1.8M | 6.1M | 6.1M | 6.4M | |
Other Current Assets | 2.5M | 2.2M | 2.3M | 6.2M | 4.1M | 2.1M | |
Other Stockholder Equity | 188.1M | 255.0M | 261.3M | 367.7M | 376.2M | 395.0M | |
Total Liab | 7.9M | 13.2M | 9.5M | 16.2M | 18.6M | 19.6M | |
Property Plant And Equipment Gross | 3.7M | 3.3M | 14.2M | 7.1M | 15.3M | 16.0M | |
Total Current Assets | 43.3M | 83.8M | 44.0M | 64.1M | 37.1M | 52.5M | |
Property Plant Equipment | 3.7M | 3.3M | 2.9M | 2.4M | 2.7M | 2.7M | |
Short Term Investments | 25.6M | 58.0M | 19.5M | 18.9M | 5.7M | 5.4M | |
Accumulated Other Comprehensive Income | (9.1M) | (10.0M) | 0.0 | (4.4M) | (2.6M) | (2.7M) | |
Retained Earnings | (138.7M) | (171.3M) | (206.0M) | (265.8M) | (311.8M) | (296.2M) | |
Intangible Assets | 6.7M | 6.6M | 6.6M | 33.2M | 28.5M | 29.9M | |
Net Tangible Assets | 41.6M | 76.1M | 47.6M | 97.5M | 112.2M | 61.3M | |
Retained Earnings Total Equity | (138.7M) | (171.3M) | (206.0M) | (265.8M) | (239.2M) | (227.3M) | |
Capital Surpluse | 188.1M | 255.0M | 261.3M | 367.7M | 422.8M | 444.0M | |
Short Term Debt | 663K | 3.9M | 745K | 939K | 582K | 552.9K | |
Net Invested Capital | 49.4M | 88.9M | 55.3M | 97.5M | 61.9M | 77.3M | |
Net Working Capital | 37.9M | 74.1M | 36.3M | 54.0M | 24.6M | 39.2M |
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.When determining whether Digimarc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Digimarc's 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 Digimarc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digimarc Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digimarc. 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. For information on how to trade Digimarc Stock refer to our How to Trade Digimarc Stock guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Application Software 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 Digimarc. If investors know Digimarc 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 Digimarc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.93) | Revenue Per Share 1.857 | Quarterly Revenue Growth 0.189 | Return On Assets (0.30) | Return On Equity (0.53) |
The market value of Digimarc is measured differently than its book value, which is the value of Digimarc that is recorded on the company's balance sheet. Investors also form their own opinion of Digimarc's value that differs from its market value or its book value, called intrinsic value, which is Digimarc'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 Digimarc's market value can be influenced by many factors that don't directly affect Digimarc'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 Digimarc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digimarc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digimarc'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.