DigitalOcean Selling And Marketing Expenses vs Ebit Analysis
DOCN Stock | USD 39.60 0.73 1.88% |
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 Selling And Marketing Expenses and its Ebit 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.
Selling And Marketing Expenses vs Ebit
Selling And Marketing Expenses vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DigitalOcean Holdings Selling And Marketing Expenses account and Ebit. At this time, the significance of the direction appears to have strong relationship.
The correlation between DigitalOcean Holdings' Selling And Marketing Expenses and Ebit is 0.7. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Ebit 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' Selling And Marketing Expenses and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of DigitalOcean Holdings are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Selling And Marketing Expenses i.e., DigitalOcean Holdings' Selling And Marketing Expenses and Ebit go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Selling And Marketing Expenses
Ebit
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 24th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.29, while Selling General Administrative is likely to drop about 117.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.7M | 8.4M | 8.9M | 9.2M | Depreciation And Amortization | 88.4M | 102.2M | 117.9M | 91.5M |
DigitalOcean Holdings fundamental ratios Correlations
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DigitalOcean Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DigitalOcean Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 25.8M | 42.3M | 34.0M | 42.0M | 47.0M | 37.6M | |
Total Current Liabilities | 72.5M | 84.8M | 58.2M | 164.3M | 192.6M | 116.6M | |
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) | |
Retained Earnings | (123.5M) | (167.0M) | (186.5M) | (210.8M) | (344.2M) | (327.0M) | |
Accounts Payable | 27.2M | 12.4M | 12.7M | 21.1M | 4.0M | 3.8M | |
Other Assets | 3.4M | 6.0M | 6.2M | 9.0M | 10.4M | 6.3M | |
Net Receivables | 24.0M | 28.1M | 39.6M | 53.8M | 62.2M | 41.1M | |
Other Stockholder Equity | (72.0M) | 95.2M | (3.4B) | 264.0M | 31.0M | 32.5M | |
Total Current Assets | 60.6M | 148.0M | 1.8B | 946.6M | 503.0M | 637.8M | |
Property Plant Equipment | 178.8M | 213.5M | 249.6M | 273.2M | 314.1M | 235.7M |
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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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 0.65 | Earnings Share 0.86 | Revenue Per Share 8.348 | Quarterly Revenue Growth 0.121 | Return On Assets 0.0438 |
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.