Destination Other Non Cash Items vs Net Income Analysis
| DXLG Stock | USD 2.75 0.04 1.43% |
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 Other Non Cash Items and its Net Income 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.
Other Non Cash Items vs Net Income
Other Non Cash Items vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Destination XL Group Other Non Cash Items account and Net Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Destination's Other Non Cash Items and Net Income is 0.29. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Income 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 Other Non Cash Items and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Destination XL Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Non Cash Items i.e., Destination's Other Non Cash Items and Net Income go up and down completely randomly.
Correlation Coefficient | 0.29 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Other Non Cash Items
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Destination XL Group financial statement analysis. It represents the amount of money remaining after all of Destination XL Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.