Digital Change In Working Capital from 2010 to 2024

DBGIW Stock  USD 18.50  6.94  60.03%   
Digital Brands Change In Working Capital yearly trend continues to be fairly stable with very little volatility. Change In Working Capital is likely to outpace its year average in 2024. Change In Working Capital is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. View All Fundamentals
 
Change In Working Capital  
First Reported
2010-12-31
Previous Quarter
2.9 M
Current Value
3.4 M
Quarterly Volatility
1.5 M
 
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' Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of Digital Brands Group over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. Digital Brands' Change In Working Capital 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.
Change In Working Capital10 Years Trend
Slightly volatile
   Change In Working Capital   
       Timeline  

Digital Change In Working Capital Regression Statistics

Arithmetic Mean2,089,727
Geometric Mean1,711,827
Coefficient Of Variation72.52
Mean Deviation1,129,754
Median1,413,284
Standard Deviation1,515,560
Sample Variance2.3T
Range5.9M
R-Value0.50
Mean Square Error1.9T
R-Squared0.25
Significance0.06
Slope169,408
Total Sum of Squares32.2T

Digital Change In Working Capital History

20243.4 M
20232.9 M
20224.4 M
2021381 K
20206.3 M

About Digital Brands Financial Statements

Digital Brands investors use historical fundamental indicators, such as Digital Brands' Change In Working Capital, 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
Change In Working Capital2.9 M3.4 M

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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.