Destination Historical Income Statement
| DXLG Stock | USD 3.16 0.05 1.56% |
Historical analysis of Destination income statement accounts such as Gross Profit of 144.8 M or Other Operating Expenses of 355.5 M can show how well Destination XL Group performed in making a profits. Evaluating Destination income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Destination's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Destination XL Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Destination XL Group is a good buy for the upcoming year.
Destination |
About Destination Income Statement Analysis
Destination XL Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Destination shareholders. The income statement also shows Destination investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Destination Income Statement Chart
Destination XL Group Income Statement is one of the three primary financial statements used for reporting Destination's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Destination XL Group revenue and expense. Destination Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Destination's EBIT is most likely to increase significantly in the upcoming years. The Destination's current EBITDA is estimated to increase to about 58.7 M, while Gross Profit is projected to decrease to roughly 144.8 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Destination XL Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Destination XL Group minus its cost of goods sold. It is profit before Destination operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Destination XL Group. It is also known as Destination overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Destination XL Group income statement and represents the costs associated with goods and services Destination provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Destination's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Destination's EBIT is most likely to increase significantly in the upcoming years. The Destination's current EBITDA is estimated to increase to about 58.7 M, while Gross Profit is projected to decrease to roughly 144.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 505.0M | 545.8M | 521.8M | 359.1M | Depreciation And Amortization | 14.9M | 15.1M | 13.8M | 14.3M |
Destination income statement Correlations
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Destination Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Destination income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 24.6M | 21.5M | 14.9M | 15.1M | 13.8M | 14.3M | |
| Total Revenue | 474.0M | 318.9M | 505.0M | 545.8M | 521.8M | 359.1M | |
| Gross Profit | 204.2M | 104.9M | 249.8M | 272.6M | 238.6M | 144.8M | |
| Other Operating Expenses | 475.1M | 364.6M | 445.4M | 487.4M | 479.8M | 355.5M | |
| Operating Income | (1.0M) | (45.7M) | 62.0M | 58.6M | 42.1M | 44.2M | |
| Ebit | (1.0M) | (45.7M) | 62.0M | 58.6M | 42.1M | 44.2M | |
| Ebitda | 23.5M | (24.2M) | 76.9M | 73.6M | 55.9M | 58.7M | |
| Cost Of Revenue | 269.8M | 214.1M | 255.2M | 273.2M | 283.2M | 214.4M | |
| Total Operating Expenses | 205.2M | 150.5M | 190.2M | 214.2M | 196.5M | 141.1M | |
| Income Before Tax | (7.7M) | (64.4M) | 57.6M | 58.3M | 38.4M | 40.3M | |
| Total Other Income Expense Net | (6.7M) | (18.8M) | (4.4M) | (251K) | (3.7M) | (3.5M) | |
| Net Income | (7.8M) | (64.5M) | 56.7M | 89.1M | 27.9M | 29.2M | |
| Income Tax Expense | 105K | 106K | 917K | (30.8M) | 10.5M | 11.1M | |
| Interest Expense | 3.3M | 3.9M | 4.4M | 251K | 288.7K | 274.2K | |
| Selling General Administrative | 180.7M | 117.2M | 149.0M | 166.3M | 196.5M | 147.3M | |
| Net Income Applicable To Common Shares | (7.8M) | (64.5M) | 56.7M | 89.1M | 102.5M | 107.6M | |
| Net Income From Continuing Ops | (7.8M) | (64.5M) | 56.7M | 89.1M | 27.9M | 29.2M | |
| Tax Provision | 105K | 106K | 917K | (30.8M) | 10.5M | 11.1M | |
| Net Interest Income | (3.3M) | (3.9M) | (4.4M) | (251K) | 2.1M | 2.2M | |
| Reconciled Depreciation | 24.6M | 21.5M | 17.2M | 15.4M | 13.8M | 17.4M |
Pair Trading with Destination
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Destination position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Destination will appreciate offsetting losses from the drop in the long position's value.Moving against Destination Stock
| 0.77 | AN | AutoNation Earnings Call This Week | PairCorr |
| 0.76 | JD | JD Inc Adr Financial Report 9th of May 2024 | PairCorr |
| 0.71 | BBY | Best Buy Financial Report 23rd of May 2024 | PairCorr |
| 0.7 | AEO | American Eagle Outfitters Sell-off Trend | PairCorr |
| 0.64 | GPC | Genuine Parts Upward Rally | PairCorr |
The ability to find closely correlated positions to Destination could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Destination when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Destination - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Destination XL Group to buy it.
The correlation of Destination is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Destination moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Destination XL Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Destination can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Destination Stock analysis
When running Destination's price analysis, check to measure Destination's 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 Destination is operating at the current time. Most of Destination's value examination focuses on studying past and present price action to predict the probability of Destination's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Destination's price. Additionally, you may evaluate how the addition of Destination to your portfolios can decrease your overall portfolio volatility.
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Is Destination's industry 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 (0.38) | Earnings Share 0.43 | Revenue Per Share 8.552 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0742 |
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.