Digital Fixed Asset Turnover from 2010 to 2024

DBGIW Stock  USD 16.60  0.38  2.24%   
Digital Brands Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 19.02 in 2024. During the period from 2010 to 2024, Digital Brands Fixed Asset Turnover regression line of quarterly data had mean square error of  1,896 and geometric mean of  40.78. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
20.01674993
Current Value
19.02
Quarterly Volatility
42.79971923
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Digital Brands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Digital Brands' main balance sheet or income statement drivers, such as Tax Provision of 386.4 K, Depreciation And Amortization of 3.4 M or Interest Expense of 4.5 M, as well as many indicators such as Price To Sales Ratio of 0.0884, Dividend Yield of 0.0 or PTB Ratio of 0.91. Digital financial statements analysis is a perfect complement when working with Digital Brands Valuation or Volatility modules.
  
Check out the analysis of Digital Brands Correlation against competitors.

Latest Digital Brands' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Digital Brands Group over the last few years. It is Digital Brands' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Digital Brands' overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Digital Fixed Asset Turnover Regression Statistics

Arithmetic Mean53.22
Geometric Mean40.78
Coefficient Of Variation80.41
Mean Deviation34.35
Median34.54
Standard Deviation42.80
Sample Variance1,832
Range131
R-Value0.20
Mean Square Error1,896
R-Squared0.04
Significance0.48
Slope1.88
Total Sum of Squares25,645

Digital Fixed Asset Turnover History

2024 19.02
2023 20.02
2022 78.05
2021 77.98
2020 84.08
2019 41.8
2018 34.54

About Digital Brands Financial Statements

Digital Brands investors use historical fundamental indicators, such as Digital Brands' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Digital Brands. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 20.02  19.02 

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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.