Destination Minority Interest vs Other Operating Expenses Analysis
DXLG Stock | USD 2.81 0.10 3.44% |
Destination financial indicator trend analysis is much more than just examining Destination XL Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Destination XL Group is a good investment. Please check the relationship between Destination Minority Interest and its Other Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Destination XL 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 bureau of economic analysis.
Minority Interest vs Other Operating Expenses
Minority Interest vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Destination XL Group Minority Interest account and Other Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Destination's Minority Interest and Other Operating Expenses is 0.88. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Destination XL Group, assuming nothing else is changed. The correlation between historical values of Destination's Minority Interest and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Destination XL Group are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Minority Interest i.e., Destination's Minority Interest and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Destination XL Group whose combined shares represent less than 50% of the total outstanding shares issued by Destination have a minority interest in Destination.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Destination XL Group. It is also known as Destination overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most indicators from Destination's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Destination XL Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Destination XL 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 bureau of economic analysis. At this time, Destination's Enterprise Value Over EBITDA is most likely to decrease significantly in the upcoming years. The Destination's current Enterprise Value Multiple is estimated to increase to 19.46, while Discontinued Operations is projected to decrease to (1.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 505.0M | 545.8M | 521.8M | 359.1M | Depreciation And Amortization | 17.2M | 15.4M | 13.8M | 14.4M |
Destination fundamental ratios Correlations
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Destination Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Destination fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 390.9M | 306.8M | 280.0M | 350.6M | 357.7M | 212.5M | |
Short Long Term Debt Total | 277.3M | 253.8M | 190.8M | 181.6M | 154.5M | 162.3M | |
Other Current Liab | 23.4M | 24.8M | 35.1M | 36.9M | 35.3M | 18.7M | |
Total Current Liabilities | 94.5M | 116.5M | 66.1M | 69.1M | 89.9M | 70.1M | |
Total Stockholder Equity | 58.4M | (4.1M) | 58.2M | 137.2M | 149.0M | 89.9M | |
Property Plant And Equipment Net | 264.7M | 190.9M | 172.3M | 163.4M | 181.4M | 190.4M | |
Net Debt | 273.0M | 234.8M | 175.3M | 129.5M | 126.9M | 133.3M | |
Retained Earnings | (156.1M) | (220.6M) | (163.9M) | (74.8M) | (46.9M) | (49.2M) | |
Cash | 4.3M | 19.0M | 15.5M | 52.1M | 27.6M | 29.0M | |
Non Current Assets Total | 267.1M | 192.6M | 174.0M | 196.6M | 204.5M | 107.2M | |
Non Currrent Assets Other | 1.2M | 602K | 559K | 563K | 457K | 434.2K | |
Cash And Short Term Investments | 4.3M | 19.0M | 15.5M | 52.1M | 60.0M | 63.1M | |
Net Receivables | 6.2M | 6.4M | 2.1M | 1.7M | 3.9M | 3.1M | |
Common Stock Shares Outstanding | 50.0M | 51.3M | 68.0M | 66.9M | 64.3M | 36.7M | |
Liabilities And Stockholders Equity | 390.9M | 306.8M | 280.0M | 350.6M | 357.7M | 212.5M | |
Non Current Liabilities Total | 238.0M | 194.3M | 155.6M | 144.2M | 118.9M | 124.9M | |
Inventory | 102.4M | 85.0M | 81.8M | 93.0M | 81.0M | 83.3M | |
Other Current Assets | 17.1M | 3.7M | 6.6M | 7.2M | 8.3M | 10.3M | |
Other Stockholder Equity | 220.3M | 222.1M | 226.9M | 216.1M | 195.1M | 146.5M | |
Total Liab | 332.5M | 310.8M | 221.7M | 213.4M | 208.8M | 121.8M | |
Total Current Assets | 123.9M | 114.1M | 106.0M | 154.0M | 153.2M | 105.3M | |
Short Term Debt | 39.3M | 103.1M | 35.2M | 37.3M | 37.2M | 24.3M | |
Accounts Payable | 31.8M | 27.1M | 25.2M | 27.5M | 17.4M | 31.5M | |
Accumulated Other Comprehensive Income | (6.4M) | (6.2M) | (5.5M) | (4.9M) | (5.7M) | (6.0M) | |
Common Stock | 633K | 647K | 770K | 782K | 790K | 547.0K | |
Other Assets | 1.2M | 602K | 9.3M | 9.5M | 1.0 | 0.95 | |
Property Plant Equipment | 78.3M | 190.9M | 172.3M | 163.4M | 187.9M | 197.3M | |
Other Liab | 5.3M | 5.1M | 5.9M | 4.7M | 5.4M | 5.1M | |
Long Term Debt | 10.7M | 14.8M | 14.8M | 14.9M | 13.4M | 12.7M | |
Common Stock Total Equity | 615K | 622K | 633K | 647K | 744.1K | 656.3K | |
Property Plant And Equipment Gross | 264.7M | 190.9M | 172.3M | 163.4M | 481.3M | 505.4M | |
Net Tangible Assets | 57.3M | (5.2M) | 57.1M | 136.1M | 122.5M | 68.9M |
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When determining whether Destination XL Group is a strong investment it is important to analyze Destination's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Destination's future performance. For an informed investment choice regarding Destination Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Destination XL 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 bureau of economic analysis. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Specialty Retail space 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 Destination. If investors know Destination 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 Destination listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.78) | Earnings Share 0.15 | Revenue Per Share 8.429 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0364 |
The market value of Destination XL Group is measured differently than its book value, which is the value of Destination that is recorded on the company's balance sheet. Investors also form their own opinion of Destination's value that differs from its market value or its book value, called intrinsic value, which is Destination'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 Destination's market value can be influenced by many factors that don't directly affect Destination'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 Destination's value and its price as these two are different measures arrived at by different means. Investors typically determine if Destination is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Destination'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.