M, whereas Free Cash Flow is forecasted to decline to (4.7 M). The fundamental objective of this short story is to break down our forecasting of Digirad for shareholders. We will try to forecast Digirad outlook for September. " name="Description" /> M, whereas Free Cash Flow is forecasted to decline to (4.7 M). The fundamental objective of this short story is to break down our forecasting of Digirad for shareholders. We will try to forecast Digirad outlook for September. " /> M, whereas Free Cash Flow is forecasted to decline to (4.7 M). The fundamental objective of this short story is to break down our forecasting of Digirad for shareholders. We will try to forecast Digirad outlook for September. " />

Our latest forecast of Digirad (NASDAQ:DRAD)

Digirad Earnings Before Interest Taxes and Depreciation Amortization EBITDA are projected to increase significantly based on the last few years of reporting. The past year's Earnings Before Interest Taxes and Depreciation Amortization EBITDA were at 4.23 Million. The current year Average Equity is expected to grow to about 29.3 M, whereas Free Cash Flow is forecasted to decline to (4.7 M). The fundamental objective of this short story is to break down our forecasting of Digirad for shareholders. We will try to forecast Digirad outlook for September.
Published over a year ago
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Reviewed by Rifka Kats

Digirad is UNDERVALUED at 4.07 per share with modest projections ahead. About 25.0% of Digirad shares are held by institutions such as insurance companies. Insiders ownership of Digirad refers to the amount of Digirad equity owned by Digirad officers, directors, relatives of the leadership team, or anyone who has access to private information before it's made available to the public. Check out our latest analysis of Digirad, including its current ownership diagnostics.

How important is Star Equity's Liquidity

Star Equity financial leverage refers to using borrowed capital as a funding source to finance Star Equity Holdings ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Star Equity financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Star Equity's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Star Equity's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Star Equity's total debt and its cash.

Breaking down Star Equity Indicators

Digirad is displaying above-average volatility over the selected time horizon. Investors should scrutinize Digirad independently to ensure intended market timing strategies are aligned with expectations about Digirad volatility.

Returns Breakdown

Return on Assets(0.0728)
Return on Equity(0.24)
Return Capital(0.0777)
Return on Sales(0.0367)

Time to quit on of Digirad?

Latest coefficient of variation is at 1242.0. Digirad is displaying above-average volatility over the selected time horizon. Investors should scrutinize Digirad independently to ensure intended market timing strategies are aligned with expectations about Digirad volatility.

Our Conclusion on Digirad

Although many of the other players under the medical devices industry are still a bit expensive, Digirad may offer a potential longer-term growth to shareholders. With a relatively neutral outlook on the latest economy, it is better to hold off any trading of Digirad as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Digirad.

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Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Star Equity Holdings. Please refer to our Terms of Use for any information regarding our disclosure principles.

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