Destination Income Before Tax from 2010 to 2024

DXLG Stock  USD 2.35  0.05  2.17%   
Destination's Income Before Tax is increasing over the last several years with slightly volatile swings. Income Before Tax is estimated to finish at about 40.3 M this year. During the period from 2010 to 2024 Destination XL Group Income Before Tax regressed destribution of quarterly values had mean deviationof  25,060,138 and mean square error of 943.4 T. View All Fundamentals
 
Income Before Tax  
First Reported
1989-01-31
Previous Quarter
3.7 M
Current Value
-2 M
Quarterly Volatility
10 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Destination financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Destination's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.4 M, Total Revenue of 359.1 M or Gross Profit of 144.8 M, as well as many indicators such as Price To Sales Ratio of 0.6, Dividend Yield of 0.0459 or PTB Ratio of 2.67. Destination financial statements analysis is a perfect complement when working with Destination Valuation or Volatility modules.
  
Check out the analysis of Destination Correlation against competitors.

Latest Destination's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Destination XL Group over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Destination income statement and is an important metric when analyzing Destination XL Group profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Destination's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Destination's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Destination Income Before Tax Regression Statistics

Arithmetic Mean4,003,703
Coefficient Of Variation819.22
Mean Deviation25,060,138
Median(7,415,000)
Standard Deviation32,799,057
Sample Variance1075.8T
Range122.8M
R-Value0.43
Mean Square Error943.4T
R-Squared0.19
Significance0.11
Slope3,160,067
Total Sum of Squares15060.9T

Destination Income Before Tax History

202440.3 M
202338.4 M
202258.3 M
202157.6 M
2020-64.4 M
2019-7.7 M
2018-13.6 M

About Destination Financial Statements

Destination stakeholders use historical fundamental indicators, such as Destination's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Destination investors may analyze each financial statement separately, they are all interrelated. For example, changes in Destination's assets and liabilities are reflected in the revenues and expenses on Destination's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Destination XL Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax38.4 M40.3 M

Currently Active Assets on Macroaxis

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 the analysis of Destination Correlation against competitors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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.