How much debt does Digital Turbine have?
Total debt on the balance sheet as of December 2023 : $0.37 B. According to Digital Turbine 's latest financial reports the company's total debt is $0.37 B. A company's total debt is the sum of all current and non-current debts.
Is Digital Turbine profitable?
Digital Turbine Inc's trailing 12-month revenue is $572.4 million with a -34.5% profit margin. Year-over-year quarterly sales growth most recently was -12.1%. Analysts expect adjusted earnings to reach $0.502 per share for the current fiscal year. Digital Turbine Inc does not currently pay a dividend.
What is the debt to equity ratio for a Digital Turbine?
Digital Turbine Balance Sheet Health
Digital Turbine has a total shareholder equity of $445.7M and total debt of $374.0M, which brings its debt-to-equity ratio to 83.9%. Its total assets and total liabilities are $1.1B and $660.9M respectively.
What is the net worth of Digital Turbine?
Digital Turbine has a market cap or net worth of $209.14 million as of April 10, 2024. Its market cap has decreased by -82.94% in one year.
Is Digital Turbine undervalued?
Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). Undervalued with moderate growth potential.
Is Digital Turbine a good stock to buy now?
The highest analyst price target is $10.00 ,the lowest forecast is $4.00. The average price target represents 204.81% Increase from the current price of $1.87. What do analysts say about Digital Turbine? Digital Turbine's analyst rating consensus is a Hold.
Is Digital Turbine a good buy?
Digital Turbine (APPS) has an AI Score of 8/10 (Buy) because its overall probability of beating the market (S&P 500) in the next 3 months (35.33%) is +3.26% vs. the average probability (32.07%) of US stocks analyzed by our Artificial Intelligence.
What is a 1 debt-to-equity ratio?
A debt-to-equity ratio of 1 is considered to be equal, i.e. total liabilities = shareholder's equity. This ratio depends on the proportion of current and noncurrent assets because it is very industry-specific. It is said that companies with intensive capital will have a higher DE than service companies. 2.
What is a 2.5 debt-to-equity ratio?
The ratio is the number of times debt is to equity. Therefore, if a financial corporation's ratio is 2.5 it means that the debt outstanding is 2.5 times larger than their equity. Higher debt can result in volatile earnings due to additional interest expense as well as increased vulnerability to business downturns.
What is the highest debt-to-equity ratio?
The optimal D/E ratio varies by industry, but it should not be above a level of 2.0. A D/E ratio of 2 indicates the company derives two-thirds of its capital financing from debt and one-third from shareholder equity.
Who owns digital turbine?
Digital Turbine, Inc. (NASDAQ:APPS) is largely controlled by institutional shareholders who own 67% of the company.
How many employees does digital turbine have?
| Key Parameters | Digital Turbine Inc | Baidu Inc |
|---|---|---|
| Headquarters | United States of America | China |
| City | Austin | Beijing |
| State/Province | Texas | - |
| No. of Employees | 777 | 39,800 |
How does digital turbine make money?
The way Digital Turbine generates revenue is by receiving a fixed amount for each device on which Ignite is installed. Additionally, Digital Turbine shares advertising revenue with their partners based on a predetermined agreement.
Why is digital turbine stock so low?
Digital Turbine's stock has dropped 82% since my last coverage in 2021. On-Device Solution Revenue declined by 9.8% YoY, primarily due to lower mobile device sales and the loss of a major partner, T-Mobile. The App-Growth Platform revenue declined by 30% YoY due to weaker demand and the integration of legacy platforms.
Who are digital turbine competitors?
The top three of Digital Turbine's competitors in the Mobile Advertising category are Google Remarketing with 37.78%, Zemanta with 25.67%, Aarki with 6.09% market share.
What is the long term forecast for digital turbine?
Digital Turbine stock prediction for 1 year from now: $ 15.77 (710.11%) Digital Turbine stock forecast for 2025: $ 3.44 (82.22%) Digital Turbine stock prediction for 2030: $ 69.20 (3,561.18%)
Does digital turbine pay dividends?
The current TTM dividend payout for Digital Turbine (APPS) as of April 08, 2024 is $0.00. The current dividend yield for Digital Turbine as of April 08, 2024 is 0.00%.
Which power stock is best?
| Power Stock List | Market Cap | Close Price |
|---|---|---|
| Torrent Power Ltd | 61,694.37 | 1,283.65 |
| Tata Power Company Ltd | 124,841.92 | 390.70 |
| JSW Energy Ltd | 84,594.87 | 515.45 |
| Neueon Towers Ltd | 18.09 | 3.51 |
What is the market share of digital turbine?
Digital Turbine has market share of 0.11% in mobile-app-marketing market.
Is Digital Turbine an adtech company?
Digital Turbine, a mobile ad tech company, is refreshing its corporate identity to integrate a slate of acquisitions it made last year.
What is Digital Turbine used for?
Digital Turbine powers superior mobile consumer experiences and results for the world's leading telcos, advertisers, and publishers.
Which turbine is the best?
As of July 2023, the most powerful wind turbine in operation is the 16 MW Mingyang MySE 16-260.
Is 1.4 a good debt to equity ratio?
The D/E ratio can vary as per the industry and various other factors that influence the company's performance. However, it is generally agreed that a debt-to-equity ratio between 1.5 to 2.5 indicates a financially stable company with a low risk profile.
Is 2 a good debt to equity ratio?
What is a good debt-to-equity ratio? Although it varies from industry to industry, a debt-to-equity ratio of around 2 or 2.5 is generally considered good. This ratio tells us that for every dollar invested in the company, about 66 cents come from debt, while the other 33 cents come from the company's equity.
Is 1.5 a good debt to equity ratio?
Generally, a good debt ratio is around 1 to 1.5.
