Digital Turbine Inc

NASDAQ APPS

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Digital Turbine Inc Long-Term Debt to Equity Ratio 5 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: 46.69%

Digital Turbine Inc Long-Term Debt to Equity Ratio 5 year CAGR is 46.69% for the Trailing 12 Months (TTM) ending March 31, 2024, a 111.58% change year over year. The long-term debt to equity ratio measures the proportion of a company's long-term debt to its shareholders' equity. It is calculated by dividing the long-term debt by the shareholders' equity. This ratio helps assess the company's long-term solvency and its reliance on debt financing. A higher ratio indicates a higher level of debt relative to equity, which can increase the company's financial risk and affect its ability to meet long-term obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Digital Turbine Inc Long-Term Debt to Equity Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 0.74, a 10.34% change year over year.
Digital Turbine Inc Long-Term Debt to Equity Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 0.67, a 274.34% change year over year.
Digital Turbine Inc Long-Term Debt to Equity Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 0.18, a -37.66% change year over year.
Digital Turbine Inc Long-Term Debt to Equity Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 0.29, a 8.99% change year over year.

NASDAQ: APPS

Digital Turbine Inc

CEO	Mr. William Gordon Stone III
IPO Date	June 30, 2006
Location	United States
Headquarters	110 San Antonio Street, Austin, TX, United States, 78701
Employees	754
Sector	Technology
Industry	Software - application

Description

Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). The company operates through two segments, On Device Solutions and App Growth Platform. Its application media platform delivers mobile applications to various publishers, carriers, OEMs, and devices; and content media platform offers news, weather, sports, and other content, as well as programmatic advertising and media content delivery services, and sponsored and editorial content media. The company also provides direct campaign management products, such as the DT DSP and DT Offer Wall; ad monetization solutions that allow mobile app publishers and developers to monetize their monthly active users via display, native, and video advertising; brands and agencies, which run mobile brand-awareness campaigns on the direct mobile app inventory; and app developers and other performance-focused advertisers that execute mobile user acquisition campaigns for their apps and products. It operates in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, China, Mexico, Central America, and South America. The company is headquartered in Austin, Texas.

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