Duck Creek Technologies Financials
DCTDelisted Stock | USD 18.99 0.00 0.00% |
With this module, you can analyze Duck financials for your investing period. You should be able to track the changes in Duck Creek individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Duck |
Understanding current and past Duck Creek Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Duck Creek's financial statements are interrelated, with each one affecting the others. For example, an increase in Duck Creek's assets may result in an increase in income on the income statement.
Evaluating Duck Creek's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Duck Creek's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Duck Creek's relative financial performance
Chance Of Distress
Over 100
100 | Zero |
Dangerous
Duck Creek Technologies has more than 100 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Duck Creek stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Duck Creek's odds of distress score SHOULD NOT be confused with the real chance of Duck Creek Technologies filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Duck is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Duck Creek's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More InfoThe data published in Duck Creek's official financial statements usually reflect Duck Creek's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Duck Creek Technologies. For example, before you start analyzing numbers published by Duck accountants, it's critical to develop an understanding of what Duck Creek's liquidity, profitability, and earnings quality are in the context of the Software space in which it operates.
Please note, the presentation of Duck Creek's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Duck Creek's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Duck Creek's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Duck Creek Technologies. Please utilize our Beneish M Score to check the likelihood of Duck Creek's management manipulating its earnings.
Duck Creek Company Summary
Duck Creek competes with Aspen Aerogels, Genuine Parts, Deluxe, Innovid Corp, and Coupang LLC. Duck Creek Technologies, Inc. provides software-as-a-service core systems to the property and casualty insurance industry in the United States and internationally. The company was founded in 2016 and is based in Boston, Massachusetts. Duck Creek operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange.Instrument | USA Stock View All |
Exchange | NASDAQ Exchange |
ISIN | US2641201064 |
Business Address | 22 Boston Wharf |
Sector | Software |
Industry | Information Technology |
Benchmark | NYSE Composite |
Website | www.duckcreek.com |
Phone | 888 724 3509 |
Currency | USD - US Dollar |
You should never invest in Duck Creek without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Duck Stock, because this is throwing your money away. Analyzing the key information contained in Duck Creek's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Duck Creek Key Financial Ratios
Generally speaking, Duck Creek's financial ratios allow both analysts and investors to convert raw data from Duck Creek's financial statements into concise, actionable information that can be used to evaluate the performance of Duck Creek over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Duck Creek Technologies reports annually and quarterly.Return On Equity | -0.0194 | |||
Return On Asset | -0.01 | |||
Target Price | 13.5 |
Duck Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Duck Creek's current stock value. Our valuation model uses many indicators to compare Duck Creek value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Duck Creek competition to find correlations between indicators driving Duck Creek's intrinsic value. More Info.Duck Creek Technologies is one of the top stocks in current ratio category among related companies. It is one of the top stocks in ebitda category among related companies totaling about 3,404,063 of EBITDA per Current Ratio. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Duck Creek by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Duck Creek's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Duck Creek's earnings, one of the primary drivers of an investment's value.Duck Creek Market Pulse
Quote | 18.99 |
Change(%) | 0.00 |
Change | 0.00 |
Open | 18.99 |
Low | 18.99 |
High | 18.99 |
Volume | 0 |
Exchange | NASDAQ |
About Duck Creek Financials
What exactly are Duck Creek Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Duck Creek's income statement, its balance sheet, and the statement of cash flows. Potential Duck Creek investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Duck Creek investors may use each financial statement separately, they are all related. The changes in Duck Creek's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Duck Creek's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Duck Creek Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Duck Creek is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Duck has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Duck Creek's financials are consistent with your investment objective using the following steps:- Review Duck Creek's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Duck Creek's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Duck Creek's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Duck Creek's stock is overvalued or undervalued.
Duck Creek March 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Duck Creek help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Duck Creek Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Duck Creek Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Duck Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Duck Creek's daily price indicators and compare them against related drivers.
Downside Deviation | 19.92 | |||
Information Ratio | 0.1211 | |||
Maximum Drawdown | 3683.44 | |||
Value At Risk | (0.48) | |||
Potential Upside | 0.371 |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Duck Creek Technologies information on this page should be used as a complementary analysis to other Duck Creek's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Duck Stock
If you are still planning to invest in Duck Creek Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Duck Creek's history and understand the potential risks before investing.
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