DigitalOcean Ebit vs Operating Income Analysis

DOCN Stock

USD 30.52 0.33 1.07%

DigitalOcean Holdings financial indicator trend analysis is much more than just examining DigitalOcean Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DigitalOcean Holdings is a good investment. Please check the relationship between DigitalOcean Holdings Ebit and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DigitalOcean Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in DigitalOcean Stock, please use our How to Invest in DigitalOcean Holdings guide.

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DigitalOcean Holdings Ebit account and Operating Income. At this time, the significance of the direction appears to have totally related.

The correlation between DigitalOcean Holdings' Ebit and Operating Income is 0.99. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of DigitalOcean Holdings, assuming nothing else is changed. The correlation between historical values of DigitalOcean Holdings' Ebit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of DigitalOcean Holdings are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebit i.e., DigitalOcean Holdings' Ebit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebit

Operating Income

Operating Income is the amount of profit realized from DigitalOcean Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of DigitalOcean Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from DigitalOcean Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DigitalOcean Holdings 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 DigitalOcean Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in DigitalOcean Stock, please use our How to Invest in DigitalOcean Holdings guide.At this time, DigitalOcean Holdings' Tax Provision is very stable compared to the past year. As of the 30th of April 2025, Sales General And Administrative To Revenue is likely to grow to 0.29, while Selling General Administrative is likely to drop about 126 M.

	2022	2023	2024	2025 (projected)
Interest Expense	8.4M	8.9M	9.1M	9.3M
Depreciation And Amortization	102.2M	117.9M	2.4M	2.3M

Interest Expense Depreciation And Amortization

DigitalOcean Holdings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.97	0.77	0.69	0.32	0.69	-0.08	0.78	0.86	0.62	-0.81	0.37	0.75	0.79	0.82	0.85	0.89	0.83	0.47	0.97	0.94	-0.46	0.96	0.92	0.74	0.76
Short Long Term Debt Total	0.97		0.84	0.84	0.09	0.81	-0.29	0.89	0.9	0.77	-0.89	0.4	0.6	0.91	0.84	0.93	0.76	0.92	0.4	1.0	0.95	-0.27	1.0	0.8	0.88	0.89
Other Current Liab	0.77	0.84		0.84	-0.17	0.79	-0.47	0.86	0.88	0.77	-0.89	0.34	0.35	0.86	0.81	0.93	0.49	0.86	0.31	0.85	0.88	0.0	0.86	0.53	0.82	0.84
Total Current Liabilities	0.69	0.84	0.84		-0.43	0.93	-0.72	0.98	0.82	0.95	-0.87	0.53	0.13	0.99	0.75	0.94	0.3	0.95	0.19	0.83	0.8	0.26	0.85	0.35	0.95	0.96
Total Stockholder Equity	0.32	0.09	-0.17	-0.43		-0.42	0.86	-0.28	-0.04	-0.46	0.21	-0.25	0.73	-0.3	0.0	-0.14	0.69	-0.18	0.44	0.11	0.13	-0.89	0.07	0.66	-0.34	-0.33
Other Liab	0.69	0.81	0.79	0.93	-0.42		-0.75	0.91	0.81	0.91	-0.86	0.66	0.14	0.93	0.74	0.84	0.34	0.87	-0.03	0.8	0.74	0.26	0.82	0.38	0.89	0.92
Net Tangible Assets	-0.08	-0.29	-0.47	-0.72	0.86	-0.75		-0.61	-0.42	-0.79	0.48	-0.5	0.54	-0.63	-0.34	-0.49	0.34	-0.5	0.27	-0.28	-0.22	-0.83	-0.31	0.3	-0.58	-0.65
Property Plant And Equipment Net	0.78	0.89	0.86	0.98	-0.28	0.91	-0.61		0.87	0.89	-0.88	0.6	0.28	0.99	0.81	0.96	0.43	0.99	0.26	0.89	0.88	0.1	0.91	0.48	0.92	0.93
Current Deferred Revenue	0.86	0.9	0.88	0.82	-0.04	0.81	-0.42	0.87		0.76	-0.93	0.5	0.46	0.87	0.98	0.89	0.63	0.88	0.52	0.93	0.93	-0.09	0.93	0.67	0.75	0.82
Net Debt	0.62	0.77	0.77	0.95	-0.46	0.91	-0.79	0.89	0.76		-0.78	0.4	-0.05	0.94	0.65	0.87	0.22	0.83	0.14	0.75	0.66	0.4	0.78	0.27	0.9	0.96
Retained Earnings	-0.81	-0.89	-0.89	-0.87	0.21	-0.86	0.48	-0.88	-0.93	-0.78		-0.44	-0.43	-0.89	-0.9	-0.88	-0.54	-0.88	-0.33	-0.91	-0.88	0.05	-0.91	-0.58	-0.88	-0.89
Accounts Payable	0.37	0.4	0.34	0.53	-0.25	0.66	-0.5	0.6	0.5	0.4	-0.44		0.13	0.51	0.55	0.41	0.17	0.59	-0.15	0.41	0.49	0.17	0.43	0.2	0.36	0.37
Cash	0.75	0.6	0.35	0.13	0.73	0.14	0.54	0.28	0.46	-0.05	-0.43	0.13		0.25	0.51	0.37	0.92	0.4	0.46	0.62	0.66	-0.91	0.59	0.91	0.25	0.19
Non Current Assets Total	0.79	0.91	0.86	0.99	-0.3	0.93	-0.63	0.99	0.87	0.94	-0.89	0.51	0.25		0.79	0.97	0.43	0.97	0.25	0.9	0.85	0.13	0.92	0.48	0.96	0.98
Non Currrent Assets Other	0.82	0.84	0.81	0.75	0.0	0.74	-0.34	0.81	0.98	0.65	-0.9	0.55	0.51	0.79		0.81	0.63	0.83	0.57	0.88	0.91	-0.14	0.88	0.66	0.66	0.72
Other Assets	0.85	0.93	0.93	0.94	-0.14	0.84	-0.49	0.96	0.89	0.87	-0.88	0.41	0.37	0.97	0.81		0.54	0.96	0.37	0.93	0.92	-0.01	0.94	0.58	0.91	0.93
Cash And Short Term Investments	0.89	0.76	0.49	0.3	0.69	0.34	0.34	0.43	0.63	0.22	-0.54	0.17	0.92	0.43	0.63	0.54		0.52	0.51	0.77	0.76	-0.77	0.75	1.0	0.39	0.4
Net Receivables	0.83	0.92	0.86	0.95	-0.18	0.87	-0.5	0.99	0.88	0.83	-0.88	0.59	0.4	0.97	0.83	0.96	0.52		0.31	0.92	0.93	-0.02	0.93	0.56	0.91	0.9
Common Stock Shares Outstanding	0.47	0.4	0.31	0.19	0.44	-0.03	0.27	0.26	0.52	0.14	-0.33	-0.15	0.46	0.25	0.57	0.37	0.51	0.31		0.46	0.5	-0.41	0.44	0.52	0.11	0.19
Non Current Liabilities Total	0.97	1.0	0.85	0.83	0.11	0.8	-0.28	0.89	0.93	0.75	-0.91	0.41	0.62	0.9	0.88	0.93	0.77	0.92	0.46		0.96	-0.28	1.0	0.81	0.85	0.87
Other Current Assets	0.94	0.95	0.88	0.8	0.13	0.74	-0.22	0.88	0.93	0.66	-0.88	0.49	0.66	0.85	0.91	0.92	0.76	0.93	0.5	0.96		-0.32	0.96	0.79	0.78	0.78
Other Stockholder Equity	-0.46	-0.27	0.0	0.26	-0.89	0.26	-0.83	0.1	-0.09	0.4	0.05	0.17	-0.91	0.13	-0.14	-0.01	-0.77	-0.02	-0.41	-0.28	-0.32		-0.24	-0.74	0.09	0.17
Total Liab	0.96	1.0	0.86	0.85	0.07	0.82	-0.31	0.91	0.93	0.78	-0.91	0.43	0.59	0.92	0.88	0.94	0.75	0.93	0.44	1.0	0.96	-0.24		0.78	0.87	0.89
Total Current Assets	0.92	0.8	0.53	0.35	0.66	0.38	0.3	0.48	0.67	0.27	-0.58	0.2	0.91	0.48	0.66	0.58	1.0	0.56	0.52	0.81	0.79	-0.74	0.78		0.44	0.45
Short Term Debt	0.74	0.88	0.82	0.95	-0.34	0.89	-0.58	0.92	0.75	0.9	-0.88	0.36	0.25	0.96	0.66	0.91	0.39	0.91	0.11	0.85	0.78	0.09	0.87	0.44		0.98
Intangible Assets	0.76	0.89	0.84	0.96	-0.33	0.92	-0.65	0.93	0.82	0.96	-0.89	0.37	0.19	0.98	0.72	0.93	0.4	0.9	0.19	0.87	0.78	0.17	0.89	0.45	0.98

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DigitalOcean Holdings Account Relationship Matchups

DigitalOcean Holdings fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	430.3M	2.1B	1.8B	1.5B	1.6B	1.3B
Short Long Term Debt Total	259.7M	1.5B	1.6B	1.7B	1.7B	1.1B
Other Current Liab	42.3M	34.0M	42.0M	47.0M	45.4M	40.1M
Total Current Liabilities	84.8M	58.2M	164.3M	192.6M	221.0M	134.7M
Total Stockholder Equity	(72.1M)	578.2M	51.1M	(313.7M)	(203.0M)	(192.8M)
Other Liab	3.1M	2.3M	1.9M	22.0M	25.3M	26.6M
Net Tangible Assets	(131.9M)	(134.9M)	503.1M	(381.6M)	(438.8M)	(416.8M)
Property Plant And Equipment Net	239.0M	249.6M	427.7M	460.6M	620.4M	373.8M
Current Deferred Revenue	4.9M	4.8M	5.6M	5.3M	5.4M	5.3M
Net Debt	159.4M	(250.7M)	1.5B	1.3B	1.3B	671.5M
Retained Earnings	(167.0M)	(186.5M)	(210.8M)	(344.2M)	(258.7M)	(271.7M)
Accounts Payable	12.4M	12.7M	21.1M	4.0M	54.6M	57.3M
Cash	100.3M	1.7B	140.8M	317.2M	428.4M	434.2M
Non Current Assets Total	282.3M	330.9M	869.4M	958.0M	1.1B	624.5M
Non Currrent Assets Other	3.7M	4.1M	6.4M	6.9M	10.3M	10.8M
Other Assets	3.4M	6.0M	6.2M	9.0M	10.4M	6.3M
Cash And Short Term Investments	100.3M	1.7B	864.2M	411.8M	428.4M	562.7M
Net Receivables	28.1M	39.6M	53.8M	62.2M	91.1M	49.0M
Liabilities And Stockholders Equity	430.3M	2.1B	1.8B	1.5B	1.6B	1.3B
Non Current Liabilities Total	417.6M	1.5B	1.6B	1.6B	1.6B	1.1B
Other Current Assets	19.5M	34.1M	27.9M	29.0M	40.8M	25.5M
Other Stockholder Equity	95.2M	(3.4B)	264.0M	31.0M	57.3M	60.1M
Total Liab	502.3M	1.5B	1.8B	1.8B	1.8B	1.3B
Total Current Assets	148.0M	1.8B	946.6M	503.0M	541.7M	631.8M
Accumulated Other Comprehensive Income	(245K)	(374K)	(2.0M)	(452K)	(1.5M)	(1.4M)
Short Term Debt	17.5M	31.9M	57.4M	86.5M	75.8M	48.5M
Intangible Assets	34.6M	42.9M	118.9M	140.2M	117.7M	81.5M
Property Plant Equipment	178.8M	213.5M	249.6M	273.2M	314.1M	235.7M
Long Term Debt	242.2M	1.5B	1.5B	1.5B	1.5B	1.2B
Net Invested Capital	187.6M	2.0B	1.5B	1.2B	1.3B	1.2B
Property Plant And Equipment Gross	239.0M	564.1M	427.7M	917.3M	1.1B	640.1M
Non Current Liabilities Other	2.1M	1.5M	3.8M	9.5M	1.1M	1.0M
Net Working Capital	63.2M	1.7B	782.3M	310.3M	320.8M	582.4M

Pair Trading with DigitalOcean Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DigitalOcean Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DigitalOcean Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with DigitalOcean Stock

0.86	S	SentinelOne	Pair Corr
0.76	AI	C3 Ai Inc Sell-off Trend	Pair Corr
0.9	BB	BlackBerry Aggressive Push	Pair Corr
0.66	JG	Aurora Mobile	Pair Corr

Moving against DigitalOcean Stock

0.62	VRSN	VeriSign	Pair Corr
0.61	GB	Global Blue Group	Pair Corr

The ability to find closely correlated positions to DigitalOcean Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DigitalOcean Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DigitalOcean Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DigitalOcean Holdings to buy it.

The correlation of DigitalOcean Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DigitalOcean Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DigitalOcean Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for DigitalOcean Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether DigitalOcean Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DigitalOcean Holdings' 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 Digitalocean Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digitalocean Holdings Stock:

How To Invest In DigitalOcean

Details

Is DigitalOcean Stock a good investment?

Details

What is DigitalOcean Holdings' Net Worth?

Details

Largest Internet Services & Infrastructure Companies

View

Largest Software - Infrastructure Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DigitalOcean Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in DigitalOcean Stock, please use our How to Invest in DigitalOcean Holdings guide.

You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Is Internet Services & Infrastructure 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 DigitalOcean Holdings. If investors know DigitalOcean 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 DigitalOcean Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.24)

Earnings Share

0.89

Revenue Per Share

8.519

Quarterly Revenue Growth

0.133

Return On Assets

0.0421

The market value of DigitalOcean Holdings is measured differently than its book value, which is the value of DigitalOcean that is recorded on the company's balance sheet. Investors also form their own opinion of DigitalOcean Holdings' value that differs from its market value or its book value, called intrinsic value, which is DigitalOcean Holdings' 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 DigitalOcean Holdings' market value can be influenced by many factors that don't directly affect DigitalOcean Holdings' 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 DigitalOcean Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DigitalOcean Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DigitalOcean Holdings' 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.

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DigitalOcean Ebit vs Operating Income Analysis

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

Correlation Coefficient

Ebit

Operating Income

DigitalOcean Holdings fundamental ratios Correlations

DigitalOcean Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

DigitalOcean Holdings fundamental ratios Accounts

Pair Trading with DigitalOcean Holdings

Moving together with DigitalOcean Stock

Moving against DigitalOcean Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Total Current Assets	+ 1.0	Cash And Short Term Investments
Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Assets Total	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net

Retained Earnings	- 0.93	Current Deferred Revenue
Other Stockholder Equity	- 0.91	Cash
Total Liab	- 0.91	Retained Earnings
Non Current Liabilities Total	- 0.91	Retained Earnings
Non Currrent Assets Other	- 0.9	Retained Earnings
Intangible Assets	- 0.89	Retained Earnings