Direct Deferred Long Term Liab vs Total Liab Analysis

DRCT Stock  USD 1.19  0.13  9.85%   
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 Deferred Long Term Liab and its Total Liab 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.

Deferred Long Term Liab vs Total Liab

Deferred Long Term Liab vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Direct Digital Holdings Deferred Long Term Liab account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Direct Digital's Deferred Long Term Liab and Total Liab is 0.88. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Total Liab 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 Deferred Long Term Liab and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Direct Digital Holdings are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Deferred Long Term Liab i.e., Direct Digital's Deferred Long Term Liab and Total Liab go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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. Enterprise Value Over EBITDA is likely to gain to 156.06 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.08 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense3.2M3.2M4.4M2.6M
Depreciation And Amortization2.0M2.1M2.2M1.5M

Direct Digital fundamental ratios Correlations

0.990.90.950.910.94-0.790.660.99-0.90.870.940.95-0.650.860.990.940.90.930.910.980.640.881.00.990.91
0.990.850.920.870.96-0.840.751.0-0.940.850.970.96-0.620.821.00.970.870.950.860.990.730.830.991.00.89
0.90.850.970.880.74-0.50.370.86-0.730.870.780.77-0.60.920.850.780.870.720.990.80.360.990.90.860.87
0.950.920.970.830.8-0.570.470.92-0.780.910.880.81-0.710.920.920.880.910.770.980.870.470.940.950.910.92
0.910.870.880.830.88-0.770.480.89-0.770.750.740.92-0.460.780.860.740.780.890.830.880.410.870.890.90.78
0.940.960.740.80.88-0.920.770.96-0.910.80.90.99-0.60.760.950.90.830.990.730.980.720.720.940.960.86
-0.79-0.84-0.5-0.57-0.77-0.92-0.85-0.840.85-0.51-0.79-0.930.3-0.46-0.83-0.79-0.56-0.96-0.48-0.9-0.78-0.49-0.79-0.85-0.6
0.660.750.370.470.480.77-0.850.73-0.90.460.830.75-0.230.380.760.830.480.790.40.770.990.390.670.730.54
0.991.00.860.920.890.96-0.840.73-0.930.850.960.97-0.620.821.00.960.870.960.860.990.710.840.991.00.89
-0.9-0.94-0.73-0.78-0.77-0.910.85-0.9-0.93-0.75-0.96-0.910.45-0.72-0.94-0.96-0.77-0.92-0.75-0.93-0.88-0.75-0.9-0.93-0.81
0.870.850.870.910.750.8-0.510.460.85-0.750.820.75-0.880.990.850.821.00.730.890.80.460.860.880.840.99
0.940.970.780.880.740.9-0.790.830.96-0.960.820.89-0.610.770.981.00.830.890.820.950.830.770.950.950.87
0.950.960.770.810.920.99-0.930.750.97-0.910.750.89-0.510.730.960.890.791.00.760.990.70.760.950.980.82
-0.65-0.62-0.6-0.71-0.46-0.60.3-0.23-0.620.45-0.88-0.61-0.51-0.82-0.63-0.61-0.87-0.5-0.64-0.59-0.25-0.56-0.66-0.6-0.86
0.860.820.920.920.780.76-0.460.380.82-0.720.990.770.73-0.820.820.770.980.70.920.770.380.920.860.820.97
0.991.00.850.920.860.95-0.830.761.0-0.940.850.980.96-0.630.820.980.870.940.860.990.740.830.990.990.89
0.940.970.780.880.740.9-0.790.830.96-0.960.821.00.89-0.610.770.980.830.890.820.950.830.770.950.950.87
0.90.870.870.910.780.83-0.560.480.87-0.771.00.830.79-0.870.980.870.830.770.890.830.480.860.90.861.0
0.930.950.720.770.890.99-0.960.790.96-0.920.730.891.0-0.50.70.940.890.770.70.980.740.70.930.960.8
0.910.860.990.980.830.73-0.480.40.86-0.750.890.820.76-0.640.920.860.820.890.70.80.40.980.90.860.88
0.980.990.80.870.880.98-0.90.770.99-0.930.80.950.99-0.590.770.990.950.830.980.80.740.770.980.990.86
0.640.730.360.470.410.72-0.780.990.71-0.880.460.830.7-0.250.380.740.830.480.740.40.740.380.650.70.54
0.880.830.990.940.870.72-0.490.390.84-0.750.860.770.76-0.560.920.830.770.860.70.980.770.380.870.840.86
1.00.990.90.950.890.94-0.790.670.99-0.90.880.950.95-0.660.860.990.950.90.930.90.980.650.870.990.91
0.991.00.860.910.90.96-0.850.731.0-0.930.840.950.98-0.60.820.990.950.860.960.860.990.70.840.990.89
0.910.890.870.920.780.86-0.60.540.89-0.810.990.870.82-0.860.970.890.871.00.80.880.860.540.860.910.89
Click cells to compare fundamentals

Direct Digital Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Direct Stock Analysis

When running Direct Digital's price analysis, check to measure Direct Digital'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 Direct Digital is operating at the current time. Most of Direct Digital's value examination focuses on studying past and present price action to predict the probability of Direct Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Direct Digital's price. Additionally, you may evaluate how the addition of Direct Digital to your portfolios can decrease your overall portfolio volatility.