Digital Health Profitability Analysis
DHAC Stock | USD 12.00 0.01 0.08% |
Net Loss | First Reported 2010-12-31 | Previous Quarter -4.4 M | Current Value -4.2 M | Quarterly Volatility 1.5 M |
For Digital Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Digital Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Digital Health Acquisition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Digital Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Digital Health Acquisition over time as well as its relative position and ranking within its peers.
Digital |
Is Digital Health'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 Digital Health. If investors know Digital 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 Digital Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.08) | Return On Assets (0.36) |
The market value of Digital Health Acqui is measured differently than its book value, which is the value of Digital that is recorded on the company's balance sheet. Investors also form their own opinion of Digital Health's value that differs from its market value or its book value, called intrinsic value, which is Digital Health'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 Digital Health's market value can be influenced by many factors that don't directly affect Digital Health'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 Digital Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digital Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digital Health'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.
Digital Health Acqui Current Valuation vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Digital Health's current stock value. Our valuation model uses many indicators to compare Digital Health value to that of its competitors to determine the firm's financial worth. Digital Health Acquisition is rated # 2 in return on asset category among related companies. It is rated as one of the top companies in current valuation category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Digital Health by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Digital Health'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 Digital Health's earnings, one of the primary drivers of an investment's value.Digital Current Valuation vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Digital Health |
| = | -0.36 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Digital Health |
| = | 47.44 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Digital Current Valuation vs Competition
Digital Health Acquisition is rated as one of the top companies in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Financials industry is currently estimated at about 53.75 Million. Digital Health totals roughly 47.44 Million in current valuation claiming about 88% of equities under Financials industry.
Digital Health Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Digital Health, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Digital Health will eventually generate negative long term returns. The profitability progress is the general direction of Digital Health's change in net profit over the period of time. It can combine multiple indicators of Digital Health, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last Reported | Projected for Next Year | ||
Operating Income | -2.6 M | -2.7 M | |
Income Before Tax | -4.4 M | -4.2 M | |
Total Other Income Expense Net | -1.8 M | -1.7 M | |
Net Loss | -2.9 M | -2.8 M | |
Net Loss | -4.4 M | -4.2 M | |
Income Tax Expense | 215.3 K | 226.1 K | |
Net Interest Income | 146.2 K | 138.9 K | |
Interest Income | 754.4 K | 670.8 K | |
Net Loss | -2.8 M | -2.9 M | |
Non Operating Income Net Other | 599.1 K | 532.5 K | |
Change To Netincome | 99.3 K | 104.2 K | |
Net Loss | (1.08) | (1.02) | |
Income Quality | 0.22 | 0.21 | |
Net Income Per E B T | 0.96 | 0.85 |
Digital Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Digital Health. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Digital Health position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Digital Health's important profitability drivers and their relationship over time.
Digital Health Profitability Trends
Digital Health profitability trend refers to the progression of profit or loss within a business. An upward trend means that Digital Health's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is Digital Health's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.
Digital Health Profitability Drivers Correlations
One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between Digital Health different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards Digital Health in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down Digital Health's future profitability.
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Use Digital Health in pair-trading
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 Digital Health 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 Digital Health will appreciate offsetting losses from the drop in the long position's value.Digital Health Pair Trading
Digital Health Acquisition Pair Trading Analysis
The ability to find closely correlated positions to Digital Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Digital Health 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 Digital Health - 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 Digital Health Acquisition to buy it.
The correlation of Digital Health 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 Digital Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Digital Health Acqui 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 Digital Health 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.Use Investing Themes to Complement your Digital Health position
In addition to having Digital Health in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Social Domain
New or established large and mid-sized companies that are involved in the social media industry, including entities that provide web-based or mobile media applications and services across across large segment of population in multiple geographical areas. The Social Domain theme has 39 constituents at this time.
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Check out Investing Opportunities. Note that the Digital Health Acqui information on this page should be used as a complementary analysis to other Digital Health'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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Digital Stock analysis
When running Digital Health's price analysis, check to measure Digital Health'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 Health is operating at the current time. Most of Digital Health's value examination focuses on studying past and present price action to predict the probability of Digital Health'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 Health's price. Additionally, you may evaluate how the addition of Digital Health to your portfolios can decrease your overall portfolio volatility.
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To fully project Digital Health's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Digital Health Acqui at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Digital Health's income statement, its balance sheet, and the statement of cash flows.