Destination Capital Stock vs Good Will Analysis
DXLG Stock | USD 2.41 0.06 2.55% |
Destination financial indicator trend analysis is much more than just examining Destination XL Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Destination XL Group is a good investment. Please check the relationship between Destination Capital Stock and its Good Will accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Destination XL 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 bureau of economic analysis.
Capital Stock vs Good Will
Capital Stock vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Destination XL Group Capital Stock account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Destination's Capital Stock and Good Will is -0.19. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Good Will in the same time period over historical financial statements of Destination XL Group, assuming nothing else is changed. The correlation between historical values of Destination's Capital Stock and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Destination XL Group are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Capital Stock i.e., Destination's Capital Stock and Good Will go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from Destination's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Destination XL 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 Destination XL 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 bureau of economic analysis. At this time, Destination's Enterprise Value Over EBITDA is most likely to decrease significantly in the upcoming years. The Destination's current Enterprise Value Multiple is estimated to increase to 19.46, while Discontinued Operations is projected to decrease to (1.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 505.0M | 545.8M | 521.8M | 359.1M | Depreciation And Amortization | 17.2M | 15.4M | 13.8M | 14.4M |
Destination fundamental ratios Correlations
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Destination Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Destination fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 390.9M | 306.8M | 280.0M | 350.6M | 357.7M | 212.5M | |
Short Long Term Debt Total | 277.3M | 253.8M | 190.8M | 181.6M | 154.5M | 162.3M | |
Other Current Liab | 23.4M | 24.8M | 35.1M | 36.9M | 35.3M | 18.7M | |
Total Current Liabilities | 94.5M | 116.5M | 66.1M | 69.1M | 89.9M | 70.1M | |
Total Stockholder Equity | 58.4M | (4.1M) | 58.2M | 137.2M | 149.0M | 89.9M | |
Property Plant And Equipment Net | 264.7M | 190.9M | 172.3M | 163.4M | 181.4M | 190.4M | |
Net Debt | 273.0M | 234.8M | 175.3M | 129.5M | 126.9M | 133.3M | |
Retained Earnings | (156.1M) | (220.6M) | (163.9M) | (74.8M) | (46.9M) | (49.2M) | |
Cash | 4.3M | 19.0M | 15.5M | 52.1M | 27.6M | 29.0M | |
Non Current Assets Total | 267.1M | 192.6M | 174.0M | 196.6M | 204.5M | 107.2M | |
Non Currrent Assets Other | 1.2M | 602K | 559K | 563K | 457K | 434.2K | |
Cash And Short Term Investments | 4.3M | 19.0M | 15.5M | 52.1M | 60.0M | 63.1M | |
Net Receivables | 6.2M | 6.4M | 2.1M | 1.7M | 3.9M | 3.1M | |
Common Stock Shares Outstanding | 50.0M | 51.3M | 68.0M | 66.9M | 64.3M | 36.7M | |
Liabilities And Stockholders Equity | 390.9M | 306.8M | 280.0M | 350.6M | 357.7M | 212.5M | |
Non Current Liabilities Total | 238.0M | 194.3M | 155.6M | 144.2M | 118.9M | 124.9M | |
Inventory | 102.4M | 85.0M | 81.8M | 93.0M | 81.0M | 83.3M | |
Other Current Assets | 17.1M | 3.7M | 6.6M | 7.2M | 8.3M | 10.3M | |
Other Stockholder Equity | 220.3M | 222.1M | 226.9M | 216.1M | 195.1M | 146.5M | |
Total Liab | 332.5M | 310.8M | 221.7M | 213.4M | 208.8M | 121.8M | |
Total Current Assets | 123.9M | 114.1M | 106.0M | 154.0M | 153.2M | 105.3M | |
Short Term Debt | 39.3M | 103.1M | 35.2M | 37.3M | 37.2M | 24.3M | |
Accounts Payable | 31.8M | 27.1M | 25.2M | 27.5M | 17.4M | 31.5M | |
Accumulated Other Comprehensive Income | (6.4M) | (6.2M) | (5.5M) | (4.9M) | (5.7M) | (6.0M) | |
Common Stock | 633K | 647K | 770K | 782K | 790K | 547.0K | |
Other Assets | 1.2M | 602K | 9.3M | 9.5M | 1.0 | 0.95 | |
Property Plant Equipment | 78.3M | 190.9M | 172.3M | 163.4M | 187.9M | 197.3M | |
Other Liab | 5.3M | 5.1M | 5.9M | 4.7M | 5.4M | 5.1M | |
Long Term Debt | 10.7M | 14.8M | 14.8M | 14.9M | 13.4M | 12.7M | |
Common Stock Total Equity | 615K | 622K | 633K | 647K | 744.1K | 656.3K | |
Property Plant And Equipment Gross | 264.7M | 190.9M | 172.3M | 163.4M | 481.3M | 505.4M | |
Net Tangible Assets | 57.3M | (5.2M) | 57.1M | 136.1M | 122.5M | 68.9M |
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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Destination XL 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 bureau of economic analysis. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.