Digital Stock Based Compensation vs Investments Analysis

DBGIW Stock

USD 13.08 0.28 2.19%

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 Stock Based Compensation and its Investments 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.

Stock Based Compensation vs Investments

Stock Based Compensation vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digital Brands Group Stock Based Compensation account and Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Digital Brands' Stock Based Compensation and Investments is -0.46. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Investments 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' Stock Based Compensation and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Digital Brands Group are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Stock Based Compensation i.e., Digital Brands' Stock Based Compensation and Investments go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

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Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

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 Expense	3.7M	9.0M	5.5M	4.5M
Depreciation And Amortization	1.2M	2.2M	3.2M	3.4M

Interest Expense Depreciation And Amortization

Digital Brands fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock
Total Assets		0.93	0.93	0.98	0.46	0.53	0.52	0.92	-0.87	0.97	0.68	1.0	0.74	0.43	0.68	0.46	0.5	0.86	0.84	0.87	0.99	0.95	0.27	0.92	0.91	-0.77
Short Long Term Debt Total	0.93		0.83	0.92	0.29	0.32	0.32	1.0	-0.66	0.87	0.7	0.95	0.88	0.6	0.7	0.26	0.64	0.62	0.69	0.63	0.95	0.93	0.18	0.97	0.74	-0.52
Other Current Liab	0.93	0.83		0.96	0.25	0.38	0.35	0.82	-0.8	0.85	0.77	0.91	0.65	0.38	0.77	0.28	0.45	0.84	0.96	0.79	0.96	0.77	-0.05	0.85	0.94	-0.8
Total Current Liabilities	0.98	0.92	0.96		0.38	0.46	0.44	0.91	-0.85	0.95	0.78	0.97	0.71	0.37	0.78	0.38	0.43	0.86	0.91	0.84	0.99	0.9	0.18	0.95	0.94	-0.75
Total Stockholder Equity	0.46	0.29	0.25	0.38		0.98	0.99	0.31	-0.75	0.58	-0.18	0.46	-0.06	-0.24	-0.18	0.99	-0.15	0.59	0.23	0.68	0.35	0.55	0.74	0.31	0.44	-0.64
Property Plant And Equipment Net	0.53	0.32	0.38	0.46	0.98		1.0	0.33	-0.83	0.63	-0.09	0.51	-0.06	-0.26	-0.09	0.99	-0.16	0.69	0.37	0.75	0.42	0.56	0.65	0.35	0.56	-0.76
Current Deferred Revenue	0.52	0.32	0.35	0.44	0.99	1.0		0.34	-0.81	0.61	-0.14	0.51	-0.04	-0.21	-0.14	1.0	-0.11	0.66	0.33	0.73	0.41	0.57	0.65	0.33	0.52	-0.74
Net Debt	0.92	1.0	0.82	0.91	0.31	0.33	0.34		-0.66	0.86	0.67	0.94	0.89	0.63	0.67	0.28	0.67	0.6	0.67	0.62	0.94	0.93	0.19	0.95	0.72	-0.52
Retained Earnings	-0.87	-0.66	-0.8	-0.85	-0.75	-0.83	-0.81	-0.66		-0.92	-0.44	-0.84	-0.32	0.01	-0.44	-0.77	-0.09	-0.96	-0.8	-0.97	-0.81	-0.8	-0.46	-0.72	-0.92	0.92
Accounts Payable	0.97	0.87	0.85	0.95	0.58	0.63	0.61	0.86	-0.92		0.66	0.95	0.62	0.24	0.66	0.56	0.31	0.9	0.8	0.92	0.93	0.95	0.48	0.91	0.92	-0.74
Cash	0.68	0.7	0.77	0.78	-0.18	-0.09	-0.14	0.67	-0.44	0.66		0.66	0.63	0.27	1.0	-0.2	0.26	0.57	0.79	0.49	0.74	0.56	-0.07	0.8	0.73	-0.3
Non Current Assets Total	1.0	0.95	0.91	0.97	0.46	0.51	0.51	0.94	-0.84	0.95	0.66		0.78	0.49	0.66	0.45	0.56	0.82	0.8	0.83	0.98	0.97	0.28	0.92	0.88	-0.74
Non Currrent Assets Other	0.74	0.88	0.65	0.71	-0.06	-0.06	-0.04	0.89	-0.32	0.62	0.63	0.78		0.87	0.63	-0.1	0.87	0.32	0.45	0.35	0.78	0.77	0.0	0.78	0.46	-0.22
Long Term Debt	0.43	0.6	0.38	0.37	-0.24	-0.26	-0.21	0.63	0.01	0.24	0.27	0.49	0.87		0.27	-0.27	0.99	-0.02	0.14	0.02	0.49	0.47	-0.27	0.4	0.1	-0.05
Cash And Short Term Investments	0.68	0.7	0.77	0.78	-0.18	-0.09	-0.14	0.67	-0.44	0.66	1.0	0.66	0.63	0.27		-0.2	0.26	0.57	0.79	0.49	0.74	0.56	-0.07	0.8	0.73	-0.3
Common Stock Shares Outstanding	0.46	0.26	0.28	0.38	0.99	0.99	1.0	0.28	-0.77	0.56	-0.2	0.45	-0.1	-0.27	-0.2		-0.16	0.61	0.27	0.69	0.35	0.52	0.67	0.28	0.46	-0.7
Non Current Liabilities Total	0.5	0.64	0.45	0.43	-0.15	-0.16	-0.11	0.67	-0.09	0.31	0.26	0.56	0.87	0.99	0.26	-0.16		0.07	0.2	0.12	0.55	0.53	-0.25	0.44	0.18	-0.16
Inventory	0.86	0.62	0.84	0.86	0.59	0.69	0.66	0.6	-0.96	0.9	0.57	0.82	0.32	-0.02	0.57	0.61	0.07		0.88	0.98	0.8	0.75	0.36	0.69	0.97	-0.9
Other Current Assets	0.84	0.69	0.96	0.91	0.23	0.37	0.33	0.67	-0.8	0.8	0.79	0.8	0.45	0.14	0.79	0.27	0.2	0.88		0.8	0.86	0.64	-0.05	0.77	0.96	-0.8
Other Stockholder Equity	0.87	0.63	0.79	0.84	0.68	0.75	0.73	0.62	-0.97	0.92	0.49	0.83	0.35	0.02	0.49	0.69	0.12	0.98	0.8		0.79	0.81	0.49	0.68	0.93	-0.88
Total Liab	0.99	0.95	0.96	0.99	0.35	0.42	0.41	0.94	-0.81	0.93	0.74	0.98	0.78	0.49	0.74	0.35	0.55	0.8	0.86	0.79		0.91	0.14	0.94	0.9	-0.73
Net Invested Capital	0.95	0.93	0.77	0.9	0.55	0.56	0.57	0.93	-0.8	0.95	0.56	0.97	0.77	0.47	0.56	0.52	0.53	0.75	0.64	0.81	0.91		0.48	0.9	0.78	-0.63
Property Plant And Equipment Gross	0.27	0.18	-0.05	0.18	0.74	0.65	0.65	0.19	-0.46	0.48	-0.07	0.28	0.0	-0.27	-0.07	0.67	-0.25	0.36	-0.05	0.49	0.14	0.48		0.25	0.22	-0.15
Short Long Term Debt	0.92	0.97	0.85	0.95	0.31	0.35	0.33	0.95	-0.72	0.91	0.8	0.92	0.78	0.4	0.8	0.28	0.44	0.69	0.77	0.68	0.94	0.9	0.25		0.81	-0.52
Total Current Assets	0.91	0.74	0.94	0.94	0.44	0.56	0.52	0.72	-0.92	0.92	0.73	0.88	0.46	0.1	0.73	0.46	0.18	0.97	0.96	0.93	0.9	0.78	0.22	0.81		-0.85
Capital Stock	-0.77	-0.52	-0.8	-0.75	-0.64	-0.76	-0.74	-0.52	0.92	-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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Digital Stock Based Compensation vs Investments Analysis

Stock Based Compensation vs Investments

Stock Based Compensation vs Investments Correlation Analysis

Correlation Coefficient

Stock Based Compensation

Investments

Digital Brands fundamental ratios Correlations

Digital Brands Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Current Deferred Revenue	+ 1.0	Property Plant And Equipment Net
Common Stock Shares Outstanding	+ 1.0	Current Deferred Revenue
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets

Other Stockholder Equity	- 0.97	Retained Earnings
Inventory	- 0.96	Retained Earnings
Total Current Assets	- 0.92	Retained Earnings
Accounts Payable	- 0.92	Retained Earnings
Capital Stock	- 0.9	Inventory
Capital Stock	- 0.88	Other Stockholder Equity