Jackpot Digital Stock Today

JJ Stock  CAD 0.07  0.01  7.14%   

Performance

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Odds Of Distress

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Jackpot Digital is selling for under 0.065 as of the 21st of November 2024; that is 7.14 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.06. Jackpot Digital has about a 30 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Jackpot Digital are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Consumer Services
Category
Consumer Cyclical
Classification
Consumer Discretionary
Jackpot Digital Inc. develops, markets, leases, and provides electronic table games. Jackpot Digital Inc. was incorporated in 1980 and is headquartered in Vancouver, Canada. JACKPOT DIGITAL operates under Gambling classification in Exotistan and is traded on Commodity Exchange. The company has 185.85 M outstanding shares of which 2.47 K shares are currently shorted by private and institutional investors with about 0.08 trading days to cover. More on Jackpot Digital

Jackpot Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Jackpot Digital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Jackpot Digital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationHotels, Restaurants & Leisure, Consumer Services, Consumer Discretionary, Consumer Discretionary, Hotels, Restaurants & Leisure, Gambling, Consumer Cyclical (View all Sectors)
Jackpot Digital's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Jackpot Digital's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Jackpot Digital can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Jackpot Digital's financial leverage. It provides some insight into what part of Jackpot Digital's total assets is financed by creditors.
Liquidity
Jackpot Digital cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Jackpot Digital currently holds 270.34 K in liabilities. Jackpot Digital has a current ratio of 0.2, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Jackpot Digital until it has trouble settling it off, either with new capital or with free cash flow. So, Jackpot Digital's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Jackpot Digital sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Jackpot to invest in growth at high rates of return. When we think about Jackpot Digital's use of debt, we should always consider it together with cash and equity.

Change To Operating Activities

3,225.23
Jackpot Digital (JJ) is traded on TSX Venture Exchange in Canada and employs 15 people. Jackpot Digital is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 12.08 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Jackpot Digital's market, we take the total number of its shares issued and multiply it by Jackpot Digital's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Jackpot Digital conducts business under Hotels, Restaurants & Leisure sector and is part of Consumer Discretionary industry. The entity has 185.85 M outstanding shares of which 2.47 K shares are currently shorted by private and institutional investors with about 0.08 trading days to cover. Jackpot Digital currently holds about 926.06 K in cash with (2.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Jackpot Digital Probability Of Bankruptcy
Ownership Allocation
Jackpot Digital has a total of 185.85 Million outstanding shares. Jackpot Digital retains 19.77 (percent) of its outstanding shares held by insiders and 10.42 (percent) owned by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Jackpot Ownership Details

Jackpot Digital Risk Profiles

Although Jackpot Digital's alpha and beta are two of the key measurements used to evaluate Jackpot Digital's performance over the market, the standard measures of volatility play an important role as well.

Jackpot Stock Against Markets

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Jackpot Digital Corporate Management

Elected by the shareholders, the Jackpot Digital's board of directors comprises two types of representatives: Jackpot Digital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Jackpot. The board's role is to monitor Jackpot Digital's management team and ensure that shareholders' interests are well served. Jackpot Digital'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, Jackpot Digital's outside directors are responsible for providing unbiased perspectives on the board's policies.
Maria ArenasCorporate SecretaryProfile
Neil SpellmanCFO DirectorProfile
Jacob KalpakianPresident, CoFounderProfile
Angelo PalmisanoChief OfficerProfile

Additional Tools for Jackpot Stock Analysis

When running Jackpot Digital's price analysis, check to measure Jackpot 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 Jackpot Digital is operating at the current time. Most of Jackpot Digital's value examination focuses on studying past and present price action to predict the probability of Jackpot 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 Jackpot Digital's price. Additionally, you may evaluate how the addition of Jackpot Digital to your portfolios can decrease your overall portfolio volatility.