Digimarc Historical Financial Ratios
DMRC Stock | USD 27.02 0.15 0.55% |
Digimarc is recently reporting on over 105 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Operating Cycle of 55.42 or Price Book Value Ratio of 12.45 will help investors to properly organize and evaluate Digimarc financial condition quickly.
Digimarc |
About Digimarc Financial Ratios Analysis
DigimarcFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Digimarc investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Digimarc financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Digimarc history.
Digimarc Financial Ratios Chart
Digimarc financial ratios usually calculated using numerical values taken directly from Digimarc financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Digimarc. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At present, Digimarc's Price Book Value Ratio is projected to increase based on the last few years of reporting. The current year's Days Of Payables Outstanding is expected to grow to 158.93, whereas Short Term Coverage Ratios is projected to grow to (35.90). Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Digimarc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Digimarc sales, a figure that is much harder to manipulate than other Digimarc multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Digimarc dividend as a percentage of Digimarc stock price. Digimarc dividend yield is a measure of Digimarc stock productivity, which can be interpreted as interest rate earned on an Digimarc investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Most ratios from Digimarc's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Digimarc current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Digimarc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Digimarc Stock refer to our How to Trade Digimarc Stock guide.At present, Digimarc's Price Book Value Ratio is projected to increase based on the last few years of reporting. The current year's Days Of Payables Outstanding is expected to grow to 158.93, whereas Short Term Coverage Ratios is projected to grow to (35.90).
2021 | 2023 | 2024 (projected) | Dividend Yield | 9.9E-5 | 1.14E-4 | 1.08E-4 | Price To Sales Ratio | 24.51 | 21.06 | 22.12 |
Digimarc fundamentals Correlations
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Digimarc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Digimarc fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Short Term Coverage Ratios | (33.8) | (5.15) | (35.06) | (47.29) | (37.79) | (35.9) | |
Price Earnings Ratio | (12.02) | (18.73) | (18.7) | (5.92) | (15.97) | (15.17) | |
Price To Sales Ratio | 17.17 | 25.4 | 24.51 | 11.72 | 21.06 | 22.12 | |
Operating Cycle | 63.85 | 59.44 | 115.18 | 65.6 | 60.88 | 55.42 | |
Price Book Value Ratio | 7.98 | 7.27 | 11.74 | 3.63 | 11.85 | 12.45 | |
Price Earnings To Growth Ratio | 4.91 | 1.93 | 1.15 | (0.12) | 0.58 | 0.55 | |
Days Of Payables Outstanding | 73.08 | 130.05 | 165.6 | 123.92 | 151.36 | 158.93 | |
Operating Cash Flow Per Share | (1.91) | (1.58) | (1.59) | (2.32) | (1.08) | (1.14) | |
Price To Operating Cash Flows Ratio | (17.61) | (29.95) | (24.89) | (7.97) | (33.37) | (31.7) | |
Price To Free Cash Flows Ratio | (16.36) | (27.72) | (23.47) | (7.71) | (32.29) | (30.67) | |
Pretax Profit Margin | (1.53) | (1.43) | (1.36) | (1.31) | (1.98) | (1.38) | |
Payables Turnover | 4.99 | 2.81 | 2.2 | 2.95 | 2.41 | 2.29 | |
Operating Profit Margin | (1.47) | (1.37) | (1.5) | (1.97) | (1.38) | (1.45) | |
Effective Tax Rate | (6.4E-4) | (3.1E-5) | (4.61E-4) | (0.001625) | (0.004459) | (0.004236) | |
Cash Per Share | 3.13 | 6.03 | 2.02 | 2.75 | 1.34 | 1.27 | |
Total Debt To Capitalization | 0.06 | 0.0807 | 0.0436 | 0.0662 | 0.096 | 0.1 | |
Return On Capital Employed | (0.58) | (0.65) | (0.38) | (0.7) | (0.71) | (0.67) | |
Debt Equity Ratio | (0.0193) | 0.0638 | 0.0878 | 0.0456 | 0.0709 | 0.11 | |
Ebit Per Revenue | (1.47) | (1.37) | (1.5) | (1.97) | (1.38) | (1.45) | |
Quick Ratio | 7.5 | 8.35 | 5.4 | 5.72 | 2.63 | 2.5 | |
Dividend Paid And Capex Coverage Ratio | 13.08 | 14.7 | 16.61 | 31.01 | 29.72 | 31.21 | |
Cash Ratio | 2.06 | 2.01 | 1.79 | 3.32 | 1.71 | 1.63 | |
Cash Conversion Cycle | (9.23) | (70.61) | (50.41) | (58.33) | (90.48) | (85.95) | |
Operating Cash Flow Sales Ratio | (0.97) | (0.85) | (0.98) | (1.47) | (0.63) | (0.66) | |
Days Of Sales Outstanding | 63.85 | 59.44 | 115.18 | 65.6 | 60.88 | 55.42 | |
Free Cash Flow Operating Cash Flow Ratio | 1.17 | 1.1 | 1.08 | 1.06 | 1.03 | 0.71 | |
Cash Flow Coverage Ratios | (7.1) | (2.76) | (10.34) | (6.42) | (3.34) | (3.18) | |
Price To Book Ratio | 7.98 | 7.27 | 11.74 | 3.63 | 11.85 | 12.45 | |
Current Ratio | 7.95 | 8.58 | 5.7 | 6.33 | 2.96 | 2.81 | |
Fixed Asset Turnover | 6.3 | 7.33 | 9.22 | 4.25 | 6.24 | 5.93 | |
Capital Expenditure Coverage Ratio | 13.08 | 12.47 | 16.61 | 30.27 | 29.72 | 31.21 | |
Price Cash Flow Ratio | (17.61) | (29.95) | (24.89) | (7.97) | (33.37) | (31.7) |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Digimarc in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Digimarc's short interest history, or implied volatility extrapolated from Digimarc options trading.
Pair Trading with Digimarc
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Digimarc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Digimarc will appreciate offsetting losses from the drop in the long position's value.Moving together with Digimarc Stock
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The ability to find closely correlated positions to Digimarc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Digimarc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Digimarc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Digimarc to buy it.
The correlation of Digimarc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Digimarc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Digimarc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Digimarc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digimarc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Digimarc Stock refer to our How to Trade Digimarc Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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When running Digimarc's price analysis, check to measure Digimarc'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 Digimarc is operating at the current time. Most of Digimarc's value examination focuses on studying past and present price action to predict the probability of Digimarc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digimarc's price. Additionally, you may evaluate how the addition of Digimarc to your portfolios can decrease your overall portfolio volatility.
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Is Digimarc's industry 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 Digimarc. If investors know Digimarc 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 Digimarc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.26) | Revenue Per Share 1.715 | Quarterly Revenue Growth 0.286 | Return On Assets (0.31) | Return On Equity (0.58) |
The market value of Digimarc is measured differently than its book value, which is the value of Digimarc that is recorded on the company's balance sheet. Investors also form their own opinion of Digimarc's value that differs from its market value or its book value, called intrinsic value, which is Digimarc's 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 Digimarc's market value can be influenced by many factors that don't directly affect Digimarc's 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 Digimarc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digimarc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digimarc's 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.