Destination Total Assets vs Total Current Assets Analysis

DXLG Stock  USD 3.44  0.05  1.43%   
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 Total Assets and its Total Current Assets 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.

Total Assets vs Total Current Assets

Total Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Destination XL Group Total Assets account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Destination's Total Assets and Total Current Assets is 0.82. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Assets 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 Total Assets and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Destination XL Group are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Assets i.e., Destination's Total Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Destination assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Destination XL Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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

Currently Active Assets on Macroaxis

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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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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.