Direct Change In Cash vs Other Non Cash Items Analysis

DRCT Stock

USD 0.83 0.08 8.79%

Direct Digital financial indicator trend analysis is much more than just examining Direct Digital Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Direct Digital Holdings is a good investment. Please check the relationship between Direct Digital Change In Cash and its Other Non Cash Items accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Direct Digital 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.

Change In Cash vs Other Non Cash Items

Change In Cash vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Direct Digital Holdings Change In Cash account and Other Non Cash Items. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Direct Digital's Change In Cash and Other Non Cash Items is 0.53. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Direct Digital Holdings, assuming nothing else is changed. The correlation between historical values of Direct Digital's Change In Cash and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Direct Digital Holdings are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change In Cash i.e., Direct Digital's Change In Cash and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.53

Relationship Direction	Positive
Relationship Strength	Weak

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Change In Cash

Other Non Cash Items

Most indicators from Direct Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Direct Digital 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 Direct Digital 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.

At this time, Direct Digital's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.36 in 2024, whereas Enterprise Value is likely to drop slightly above 44.3 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	3.2M	3.2M	4.4M	2.6M
Depreciation And Amortization	2.0M	2.1M	2.2M	1.5M

Interest Expense Depreciation And Amortization

Direct Digital fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets
Total Assets		0.99	0.9	0.95	0.91	0.94	-0.79	0.66	0.99	-0.9	0.87	0.94	0.95	-0.65	0.86	0.99	0.94	0.9	0.93	0.91	0.98	0.64	0.88	1.0	0.99	0.91
Short Long Term Debt Total	0.99		0.85	0.92	0.87	0.96	-0.84	0.75	1.0	-0.94	0.85	0.97	0.96	-0.62	0.82	1.0	0.97	0.87	0.95	0.86	0.99	0.73	0.83	0.99	1.0	0.89
Other Current Liab	0.9	0.85		0.97	0.88	0.74	-0.5	0.37	0.86	-0.73	0.87	0.78	0.77	-0.6	0.92	0.85	0.78	0.87	0.72	0.99	0.8	0.36	0.99	0.9	0.86	0.87
Total Current Liabilities	0.95	0.92	0.97		0.83	0.8	-0.57	0.47	0.92	-0.78	0.91	0.88	0.81	-0.71	0.92	0.92	0.88	0.91	0.77	0.98	0.87	0.47	0.94	0.95	0.91	0.92
Total Stockholder Equity	0.91	0.87	0.88	0.83		0.88	-0.77	0.48	0.89	-0.77	0.75	0.74	0.92	-0.46	0.78	0.86	0.74	0.78	0.89	0.83	0.88	0.41	0.87	0.89	0.9	0.78
Other Liab	0.94	0.96	0.74	0.8	0.88		-0.92	0.77	0.96	-0.91	0.8	0.9	0.99	-0.6	0.76	0.95	0.9	0.83	0.99	0.73	0.98	0.72	0.72	0.94	0.96	0.86
Net Tangible Assets	-0.79	-0.84	-0.5	-0.57	-0.77	-0.92		-0.85	-0.84	0.85	-0.51	-0.79	-0.93	0.3	-0.46	-0.83	-0.79	-0.56	-0.96	-0.48	-0.9	-0.78	-0.49	-0.79	-0.85	-0.6
Current Deferred Revenue	0.66	0.75	0.37	0.47	0.48	0.77	-0.85		0.73	-0.9	0.46	0.83	0.75	-0.23	0.38	0.76	0.83	0.48	0.79	0.4	0.77	0.99	0.39	0.67	0.73	0.54
Net Debt	0.99	1.0	0.86	0.92	0.89	0.96	-0.84	0.73		-0.93	0.85	0.96	0.97	-0.62	0.82	1.0	0.96	0.87	0.96	0.86	0.99	0.71	0.84	0.99	1.0	0.89
Retained Earnings	-0.9	-0.94	-0.73	-0.78	-0.77	-0.91	0.85	-0.9	-0.93		-0.75	-0.96	-0.91	0.45	-0.72	-0.94	-0.96	-0.77	-0.92	-0.75	-0.93	-0.88	-0.75	-0.9	-0.93	-0.81
Accounts Payable	0.87	0.85	0.87	0.91	0.75	0.8	-0.51	0.46	0.85	-0.75		0.82	0.75	-0.88	0.99	0.85	0.82	1.0	0.73	0.89	0.8	0.46	0.86	0.88	0.84	0.99
Cash	0.94	0.97	0.78	0.88	0.74	0.9	-0.79	0.83	0.96	-0.96	0.82		0.89	-0.61	0.77	0.98	1.0	0.83	0.89	0.82	0.95	0.83	0.77	0.95	0.95	0.87
Non Current Assets Total	0.95	0.96	0.77	0.81	0.92	0.99	-0.93	0.75	0.97	-0.91	0.75	0.89		-0.51	0.73	0.96	0.89	0.79	1.0	0.76	0.99	0.7	0.76	0.95	0.98	0.82
Non Currrent Assets Other	-0.65	-0.62	-0.6	-0.71	-0.46	-0.6	0.3	-0.23	-0.62	0.45	-0.88	-0.61	-0.51		-0.82	-0.63	-0.61	-0.87	-0.5	-0.64	-0.59	-0.25	-0.56	-0.66	-0.6	-0.86
Other Assets	0.86	0.82	0.92	0.92	0.78	0.76	-0.46	0.38	0.82	-0.72	0.99	0.77	0.73	-0.82		0.82	0.77	0.98	0.7	0.92	0.77	0.38	0.92	0.86	0.82	0.97
Long Term Debt	0.99	1.0	0.85	0.92	0.86	0.95	-0.83	0.76	1.0	-0.94	0.85	0.98	0.96	-0.63	0.82		0.98	0.87	0.94	0.86	0.99	0.74	0.83	0.99	0.99	0.89
Cash And Short Term Investments	0.94	0.97	0.78	0.88	0.74	0.9	-0.79	0.83	0.96	-0.96	0.82	1.0	0.89	-0.61	0.77	0.98		0.83	0.89	0.82	0.95	0.83	0.77	0.95	0.95	0.87
Net Receivables	0.9	0.87	0.87	0.91	0.78	0.83	-0.56	0.48	0.87	-0.77	1.0	0.83	0.79	-0.87	0.98	0.87	0.83		0.77	0.89	0.83	0.48	0.86	0.9	0.86	1.0
Good Will	0.93	0.95	0.72	0.77	0.89	0.99	-0.96	0.79	0.96	-0.92	0.73	0.89	1.0	-0.5	0.7	0.94	0.89	0.77		0.7	0.98	0.74	0.7	0.93	0.96	0.8
Common Stock Shares Outstanding	0.91	0.86	0.99	0.98	0.83	0.73	-0.48	0.4	0.86	-0.75	0.89	0.82	0.76	-0.64	0.92	0.86	0.82	0.89	0.7		0.8	0.4	0.98	0.9	0.86	0.88
Non Current Liabilities Total	0.98	0.99	0.8	0.87	0.88	0.98	-0.9	0.77	0.99	-0.93	0.8	0.95	0.99	-0.59	0.77	0.99	0.95	0.83	0.98	0.8		0.74	0.77	0.98	0.99	0.86
Other Current Assets	0.64	0.73	0.36	0.47	0.41	0.72	-0.78	0.99	0.71	-0.88	0.46	0.83	0.7	-0.25	0.38	0.74	0.83	0.48	0.74	0.4	0.74		0.38	0.65	0.7	0.54
Other Stockholder Equity	0.88	0.83	0.99	0.94	0.87	0.72	-0.49	0.39	0.84	-0.75	0.86	0.77	0.76	-0.56	0.92	0.83	0.77	0.86	0.7	0.98	0.77	0.38		0.87	0.84	0.86
Total Liab	1.0	0.99	0.9	0.95	0.89	0.94	-0.79	0.67	0.99	-0.9	0.88	0.95	0.95	-0.66	0.86	0.99	0.95	0.9	0.93	0.9	0.98	0.65	0.87		0.99	0.91
Net Invested Capital	0.99	1.0	0.86	0.91	0.9	0.96	-0.85	0.73	1.0	-0.93	0.84	0.95	0.98	-0.6	0.82	0.99	0.95	0.86	0.96	0.86	0.99	0.7	0.84	0.99		0.89
Total Current Assets	0.91	0.89	0.87	0.92	0.78	0.86	-0.6	0.54	0.89	-0.81	0.99	0.87	0.82	-0.86	0.97	0.89	0.87	1.0	0.8	0.88	0.86	0.54	0.86	0.91	0.89

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Direct Change In Cash vs Other Non Cash Items Analysis

Change In Cash vs Other Non Cash Items

Change In Cash vs Other Non Cash Items Correlation Analysis

Correlation Coefficient

Change In Cash

Other Non Cash Items

Direct Digital fundamental ratios Correlations

Direct Digital Account Relationship Matchups

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COMMON DESTINATIONS

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Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Short Long Term Debt Total
Net Invested Capital	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Net Debt
Net Invested Capital	+ 1.0	Net Debt

Cash And Short Term Investments	- 0.96	Retained Earnings
Cash	- 0.96	Retained Earnings
Good Will	- 0.96	Net Tangible Assets
Long Term Debt	- 0.94	Retained Earnings
Retained Earnings	- 0.94	Short Long Term Debt Total
Net Invested Capital	- 0.93	Retained Earnings