Digital Ally Net Worth
Digital Ally Net Worth Breakdown | DGLY |
Digital Ally Net Worth Analysis
Digital Ally's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Digital Ally's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Digital Ally's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Digital Ally's net worth analysis. One common approach is to calculate Digital Ally's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Digital Ally's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Digital Ally's net worth. This approach calculates the present value of Digital Ally's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Digital Ally's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Digital Ally's net worth. This involves comparing Digital Ally's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Digital Ally's net worth relative to its peers.
Enterprise Value |
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To determine if Digital Ally is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Digital Ally's net worth research are outlined below:
| Digital Ally generated a negative expected return over the last 90 days | |
| Digital Ally has high historical volatility and very poor performance | |
| Digital Ally has some characteristics of a very speculative penny stock | |
| Digital Ally has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 28.25 M. Net Loss for the year was (25.69 M) with profit before overhead, payroll, taxes, and interest of 5.66 M. | |
| Digital Ally currently holds about 13.45 M in cash with (9.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28. | |
| Digital Ally has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: Digital Ally Advances with Strong Sales and New Innovations |
Digital Ally uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Digital Ally. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Digital Ally's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 29th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know Digital Ally's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Digital Ally is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Digital Ally backward and forwards among themselves. Digital Ally's institutional investor refers to the entity that pools money to purchase Digital Ally's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Planned Solutions, Inc. | 2024-09-30 | 100.0 | Jpmorgan Chase & Co | 2024-06-30 | 38.0 | Corecap Advisors, Llc | 2024-06-30 | 32.0 | Royal Bank Of Canada | 2024-06-30 | 23.0 | Fmr Inc | 2024-09-30 | 14.0 | Advisor Group Holdings, Inc. | 2024-06-30 | 6.0 | Wells Fargo & Co | 2024-06-30 | 0.0 | Blackrock Inc | 2024-06-30 | 39.8 K | Vanguard Group Inc | 2024-09-30 | 30.6 K | Geode Capital Management, Llc | 2024-09-30 | 25.2 K | Citadel Advisors Llc | 2024-09-30 | 17.1 K |
Follow Digital Ally's market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.83 M.Market Cap |
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Project Digital Ally's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.84) | (0.88) | |
| Return On Capital Employed | (0.91) | (0.95) | |
| Return On Assets | (0.55) | (0.57) | |
| Return On Equity | (2.38) | (2.26) |
When accessing Digital Ally's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Digital Ally's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Digital Ally's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Digital Ally's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Digital Ally. Check Digital Ally's Beneish M Score to see the likelihood of Digital Ally's management manipulating its earnings.
Evaluate Digital Ally's management efficiency
Digital Ally has return on total asset (ROA) of (0.2411) % which means that it has lost $0.2411 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.5776) %, meaning that it created substantial loss on money invested by shareholders. Digital Ally's management efficiency ratios could be used to measure how well Digital Ally manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.88 in 2024. Return On Capital Employed is likely to drop to -0.95 in 2024. At this time, Digital Ally's Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 6.9 M in 2024, whereas Total Assets are likely to drop slightly above 24.4 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 4.11 | 3.91 | |
| Tangible Book Value Per Share | (1.82) | (1.73) | |
| Enterprise Value Over EBITDA | (0.75) | (0.79) | |
| Price Book Value Ratio | 0.55 | 0.52 | |
| Enterprise Value Multiple | (0.75) | (0.79) | |
| Price Fair Value | 0.55 | 0.52 | |
| Enterprise Value | 15.1 M | 29.4 M |
The decision-making processes within Digital Ally are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Enterprise Value Revenue 0.6323 | Revenue 23.4 M | Quarterly Revenue Growth (0.32) | Revenue Per Share 8.228 | Return On Equity (1.58) |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Digital Ally insiders, such as employees or executives, is commonly permitted as long as it does not rely on Digital Ally's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Digital Ally insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Stanton Ross over six months ago Insider Trading | ||
Daniel Hutchins over six months ago Acquisition by Daniel Hutchins of 100000 shares of Digital Ally at 1.67 subject to Rule 16b-3 | ||
Stanton Ross over six months ago Sale by Stanton Ross of 2500 shares of Digital Ally | ||
Stanton Ross over a year ago Sale by Stanton Ross of 300 shares of Digital Ally |
Digital Ally Earnings per Share Projection vs Actual
Digital Ally Corporate Executives
Elected by the shareholders, the Digital Ally's board of directors comprises two types of representatives: Digital Ally inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Digital. The board's role is to monitor Digital Ally's management team and ensure that shareholders' interests are well served. Digital Ally's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Digital Ally's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thomas Heckman | CFO, VP, Treasurer and Secretary | Profile |
Additional Tools for Digital Stock Analysis
When running Digital Ally's price analysis, check to measure Digital Ally'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 Digital Ally is operating at the current time. Most of Digital Ally's value examination focuses on studying past and present price action to predict the probability of Digital Ally's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Ally's price. Additionally, you may evaluate how the addition of Digital Ally to your portfolios can decrease your overall portfolio volatility.