Destination Other Current Assets vs Total Stockholder Equity Analysis

DXLG Stock  USD 3.49  0.13  3.87%   
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 Other Current Assets and its Total Stockholder Equity 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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Other Current Assets vs Total Stockholder Equity

Other Current Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Destination XL Group Other Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between Destination's Other Current Assets and Total Stockholder Equity is 0.37. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Stockholder Equity 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 Other Current Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Destination XL Group are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Current Assets i.e., Destination's Other Current Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 tightly coupled 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 Revenue505.0M545.8M521.8M359.1M
Depreciation And Amortization14.9M15.1M13.8M14.3M

Destination fundamental ratios Correlations

0.660.060.420.340.790.62-0.480.420.94-0.070.330.420.850.650.610.460.810.830.820.590.120.01-0.280.88-0.28
0.660.050.03-0.270.910.98-0.510.490.84-0.550.440.080.440.99-0.02-0.080.30.850.170.6-0.310.2-0.630.48-0.47
0.060.050.220.020.040.04-0.130.00.010.20.14-0.050.05-0.020.080.220.160.050.120.28-0.510.23-0.10.10.08
0.420.030.22-0.070.280.1-0.67-0.220.270.73-0.220.550.38-0.070.750.590.660.480.590.70.63-0.23-0.30.41-0.49
0.34-0.270.02-0.07-0.11-0.390.50.330.110.030.350.070.44-0.230.450.370.35-0.250.65-0.320.090.190.50.450.48
0.790.910.040.28-0.110.92-0.530.410.89-0.30.450.270.540.90.260.160.470.880.40.62-0.020.28-0.650.6-0.62
0.620.980.040.1-0.390.92-0.590.360.82-0.460.330.130.380.97-0.02-0.070.280.880.110.63-0.240.15-0.680.42-0.56
-0.48-0.51-0.13-0.670.5-0.53-0.590.14-0.52-0.290.29-0.45-0.44-0.45-0.43-0.36-0.64-0.79-0.28-0.78-0.240.440.45-0.440.49
0.420.490.0-0.220.330.410.360.140.41-0.550.88-0.310.480.48-0.08-0.310.130.240.330.22-0.340.41-0.330.51-0.13
0.940.840.010.270.110.890.82-0.520.41-0.260.320.320.740.840.370.270.650.910.590.6-0.050.03-0.420.76-0.36
-0.07-0.550.20.730.03-0.3-0.46-0.29-0.55-0.26-0.560.30.01-0.590.590.550.35-0.090.280.140.62-0.430.120.0-0.11
0.330.440.14-0.220.350.450.330.290.880.32-0.56-0.270.320.42-0.15-0.33-0.010.130.250.13-0.350.8-0.370.4-0.24
0.420.08-0.050.550.070.270.13-0.45-0.310.320.3-0.270.230.090.610.750.550.390.470.230.54-0.210.110.26-0.19
0.850.440.050.380.440.540.38-0.440.480.740.010.320.230.420.590.350.860.620.820.510.09-0.07-0.190.99-0.14
0.650.99-0.02-0.07-0.230.90.97-0.450.480.84-0.590.420.090.42-0.04-0.080.280.810.150.48-0.310.18-0.550.46-0.41
0.61-0.020.080.750.450.26-0.02-0.43-0.080.370.59-0.150.610.59-0.040.870.880.370.870.350.63-0.290.150.61-0.04
0.46-0.080.220.590.370.16-0.07-0.36-0.310.270.55-0.330.750.35-0.080.870.730.250.660.140.46-0.340.310.370.12
0.810.30.160.660.350.470.28-0.640.130.650.35-0.010.550.860.280.880.730.630.880.550.35-0.3-0.030.86-0.1
0.830.850.050.48-0.250.880.88-0.790.240.91-0.090.130.390.620.810.370.250.630.450.810.07-0.11-0.590.64-0.57
0.820.170.120.590.650.40.11-0.280.330.590.280.250.470.820.150.870.660.880.450.410.37-0.040.040.85-0.05
0.590.60.280.7-0.320.620.63-0.780.220.60.140.130.230.510.480.350.140.550.810.410.08-0.07-0.680.54-0.59
0.12-0.31-0.510.630.09-0.02-0.24-0.24-0.34-0.050.62-0.350.540.09-0.310.630.460.350.070.370.08-0.290.080.1-0.3
0.010.20.23-0.230.190.280.150.440.410.03-0.430.8-0.21-0.070.18-0.29-0.34-0.3-0.11-0.04-0.07-0.29-0.30.03-0.27
-0.28-0.63-0.1-0.30.5-0.65-0.680.45-0.33-0.420.12-0.370.11-0.19-0.550.150.31-0.03-0.590.04-0.680.08-0.3-0.240.87
0.880.480.10.410.450.60.42-0.440.510.760.00.40.260.990.460.610.370.860.640.850.540.10.03-0.24-0.21
-0.28-0.470.08-0.490.48-0.62-0.560.49-0.13-0.36-0.11-0.24-0.19-0.14-0.41-0.040.12-0.1-0.57-0.05-0.59-0.3-0.270.87-0.21
Click cells to compare fundamentals

Destination Account Relationship Matchups

Destination fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets390.9M306.8M280.0M350.6M357.7M212.5M
Short Long Term Debt Total277.3M253.8M190.8M181.6M154.5M162.3M
Other Current Liab23.4M29.9M5.8M4.3M35.3M37.1M
Total Current Liabilities94.5M116.5M66.1M69.1M89.9M70.1M
Total Stockholder Equity58.4M(4.1M)58.2M137.2M149.0M89.9M
Property Plant And Equipment Net264.7M190.9M172.3M163.4M181.4M190.4M
Net Debt273.0M234.8M175.3M129.5M126.9M133.3M
Retained Earnings(156.1M)(220.6M)(163.9M)(74.8M)(46.9M)(49.2M)
Cash4.3M19.0M15.5M52.1M27.6M29.0M
Non Current Assets Total267.1M192.6M174.0M196.6M204.5M107.2M
Non Currrent Assets Other1.2M602K559K563K457K434.2K
Cash And Short Term Investments4.3M19.0M15.5M52.1M60.0M63.1M
Net Receivables6.2M6.4M2.1M1.7M3.9M3.1M
Common Stock Shares Outstanding50.0M51.3M68.0M66.9M64.3M36.7M
Liabilities And Stockholders Equity390.9M306.8M280.0M350.6M357.7M212.5M
Non Current Liabilities Total238.0M194.3M155.6M144.2M118.9M124.9M
Inventory102.4M85.0M81.8M93.0M81.0M83.3M
Other Current Assets17.1M10.1M8.7M8.9M8.3M10.6M
Other Stockholder Equity220.3M222.1M226.9M216.1M195.1M146.5M
Total Liab332.5M310.8M221.7M213.4M208.8M121.8M
Total Current Assets123.9M114.1M106.0M154.0M153.2M105.3M
Short Term Debt39.3M59.5M35.2M37.3M37.2M22.9M
Accounts Payable31.8M27.1M25.2M27.5M17.4M31.5M
Accumulated Other Comprehensive Income(6.4M)(6.2M)(5.5M)(4.9M)(5.7M)(6.0M)
Common Stock633K647K770K782K790K547.0K
Other Assets1.2M602K9.3M9.5M1.00.95
Property Plant Equipment78.3M190.9M172.3M163.4M187.9M197.3M
Other Liab5.3M5.1M5.9M4.7M5.4M5.1M
Long Term Debt10.7M14.8M14.8M14.9M13.4M12.7M
Common Stock Total Equity615K622K633K647K744.1K656.3K
Property Plant And Equipment Gross264.7M190.9M172.3M163.4M481.3M505.4M
Net Tangible Assets57.3M(5.2M)57.1M136.1M122.5M68.9M

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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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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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.