Digital End Period Cash Flow vs Issuance Of Capital Stock Analysis

DBGIW Stock  USD 18.50  6.94  60.03%   
Digital Brands financial indicator trend analysis is much more than just examining Digital Brands Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digital Brands Group is a good investment. Please check the relationship between Digital Brands End Period Cash Flow and its Issuance Of Capital Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digital Brands 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 gross domestic product.

End Period Cash Flow vs Issuance Of Capital Stock

End Period Cash Flow vs Issuance Of Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digital Brands Group End Period Cash Flow account and Issuance Of Capital Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Digital Brands' End Period Cash Flow and Issuance Of Capital Stock is 0.5. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Issuance Of Capital Stock in the same time period over historical financial statements of Digital Brands Group, assuming nothing else is changed. The correlation between historical values of Digital Brands' End Period Cash Flow and Issuance Of Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Digital Brands Group are associated (or correlated) with its Issuance Of Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Issuance Of Capital Stock has no effect on the direction of End Period Cash Flow i.e., Digital Brands' End Period Cash Flow and Issuance Of Capital Stock go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

End Period Cash Flow

Issuance Of Capital Stock

Most indicators from Digital Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digital Brands 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 Digital Brands 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 gross domestic product.
Tax Provision is likely to climb to about 386.4 K in 2024, whereas Selling General Administrative is likely to drop slightly above 13.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense3.7M9.0M5.5M4.5M
Depreciation And Amortization1.2M2.2M3.2M3.4M

Digital Brands fundamental ratios Correlations

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0.530.320.380.460.981.00.33-0.830.63-0.090.51-0.06-0.26-0.090.99-0.160.690.370.750.420.560.650.350.56-0.76
0.520.320.350.440.991.00.34-0.810.61-0.140.51-0.04-0.21-0.141.0-0.110.660.330.730.410.570.650.330.52-0.74
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0.970.870.850.950.580.630.610.86-0.920.660.950.620.240.660.560.310.90.80.920.930.950.480.910.92-0.74
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0.740.880.650.71-0.06-0.06-0.040.89-0.320.620.630.780.870.63-0.10.870.320.450.350.780.770.00.780.46-0.22
0.430.60.380.37-0.24-0.26-0.210.630.010.240.270.490.870.27-0.270.99-0.020.140.020.490.47-0.270.40.1-0.05
0.680.70.770.78-0.18-0.09-0.140.67-0.440.661.00.660.630.27-0.20.260.570.790.490.740.56-0.070.80.73-0.3
0.460.260.280.380.990.991.00.28-0.770.56-0.20.45-0.1-0.27-0.2-0.160.610.270.690.350.520.670.280.46-0.7
0.50.640.450.43-0.15-0.16-0.110.67-0.090.310.260.560.870.990.26-0.160.070.20.120.550.53-0.250.440.18-0.16
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0.840.690.960.910.230.370.330.67-0.80.80.790.80.450.140.790.270.20.880.80.860.64-0.050.770.96-0.8
0.870.630.790.840.680.750.730.62-0.970.920.490.830.350.020.490.690.120.980.80.790.810.490.680.93-0.88
0.990.950.960.990.350.420.410.94-0.810.930.740.980.780.490.740.350.550.80.860.790.910.140.940.9-0.73
0.950.930.770.90.550.560.570.93-0.80.950.560.970.770.470.560.520.530.750.640.810.910.480.90.78-0.63
0.270.18-0.050.180.740.650.650.19-0.460.48-0.070.280.0-0.27-0.070.67-0.250.36-0.050.490.140.480.250.22-0.15
0.920.970.850.950.310.350.330.95-0.720.910.80.920.780.40.80.280.440.690.770.680.940.90.250.81-0.52
0.910.740.940.940.440.560.520.72-0.920.920.730.880.460.10.730.460.180.970.960.930.90.780.220.81-0.85
-0.77-0.52-0.8-0.75-0.64-0.76-0.74-0.520.92-0.74-0.3-0.74-0.22-0.05-0.3-0.7-0.16-0.9-0.8-0.88-0.73-0.63-0.15-0.52-0.85
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Digital Brands Account Relationship Matchups

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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.