Digital Historical Income Statement
| DBGIW Stock | USD 16.60 0.38 2.24% |
Historical analysis of Digital Brands income statement accounts such as Interest Expense of 4.5 M or Selling General Administrative of 13.2 M can show how well Digital Brands Group performed in making a profits. Evaluating Digital Brands income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Digital Brands's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Digital Brands Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Digital Brands Group is a good buy for the upcoming year.
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About Digital Income Statement Analysis
Digital Brands Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Digital Brands shareholders. The income statement also shows Digital investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Digital Brands Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Digital Brands Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Digital Brands Group minus its cost of goods sold. It is profit before Digital Brands operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Cost Of Revenue
Cost of Revenue is found on Digital Brands Group income statement and represents the costs associated with goods and services Digital Brands provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Digital Brands' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Digital Brands Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digital Brands Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Digital Brands' Tax Provision is fairly stable compared to the past year. Depreciation And Amortization is likely to climb to about 3.4 M in 2024, whereas Interest Expense is likely to drop slightly above 4.5 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.7M | 9.0M | 5.5M | 4.5M | Depreciation And Amortization | 1.2M | 2.2M | 3.2M | 3.4M |
Digital Brands income statement Correlations
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Digital Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Digital Stock Analysis
When running Digital Brands' price analysis, check to measure Digital Brands' 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 Brands is operating at the current time. Most of Digital Brands' value examination focuses on studying past and present price action to predict the probability of Digital Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Brands' price. Additionally, you may evaluate how the addition of Digital Brands to your portfolios can decrease your overall portfolio volatility.