Digital Financial Statements From 2010 to 2024

DBGI Stock  USD 2.93  0.05  1.74%   
Digital Brands financial statements provide useful quarterly and yearly information to potential Digital Brands Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Digital Brands financial statements helps investors assess Digital Brands' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Digital Brands' valuation are summarized below:
Gross Profit
3.5 M
Profit Margin
(0.69)
Market Capitalization
4.9 M
Enterprise Value Revenue
0.5907
Revenue
14.9 M
We have found one hundred twenty available fundamental signals for Digital Brands Group, which can be analyzed and compared to other ratios and to its rivals. Traders should compare all of Digital Brands Group prevailing fundamentals against the fundamentals between 2010 and 2024 to make sure the company is sustainable this year.

Digital Brands Total Revenue

9.84 Million

Check Digital Brands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Digital main balance sheet or income statement drivers, such as Interest Expense of 3.2 M, Tax Provision of 386.4 K or Depreciation And Amortization of 2.3 M, as well as many exotic indicators such as Price To Sales Ratio of 0.0884, Dividend Yield of 0.0 or PTB Ratio of 0.91. Digital financial statements analysis is a perfect complement when working with Digital Brands Valuation or Volatility modules.
  
This module can also supplement various Digital Brands Technical models . Check out the analysis of Digital Brands Correlation against competitors.

Digital Brands Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Other Current Liabilities94.9 K99.9 K2.9 M
Slightly volatile
Total Current Liabilities20.6 M23.2 M11.6 M
Slightly volatile
Accounts Payable4.9 M7.5 M2.7 M
Slightly volatile
Other Assets3.4 M3.2 M705.2 K
Slightly volatile
Net Receivables664 K412.6 K380.8 K
Slightly volatile
Inventory2.5 M4.8 M1.5 M
Slightly volatile
Total Current Assets3.8 M5.6 M2.2 M
Slightly volatile
Common Stock104110594
Slightly volatile
Property Plant Equipment249.8 K237.9 K86 K
Slightly volatile
Other Current Assets308.6 K276.7 K160.5 K
Slightly volatile
Total Assets24.9 M25.3 M10 M
Slightly volatile
Short and Long Term Debt Total13.4 M8.7 M8.1 M
Slightly volatile
Other Liabilities161.1 K169.6 K191.6 K
Slightly volatile
Property Plant And Equipment Net782.5 K745.2 K172.8 K
Slightly volatile
Current Deferred Revenue7.4 M7.1 MM
Slightly volatile
Net Debt12.9 M8.7 M7.9 M
Slightly volatile
Cash19.7 K20.8 K188.9 K
Slightly volatile
Non Current Assets Total20 M19.8 M7.5 M
Slightly volatile
Non Currrent Assets Other71.7 K75.4 K106.2 K
Slightly volatile
Long Term Debt142.5 K150 K1.1 M
Pretty Stable
Cash And Short Term Investments19.7 K20.8 K188.9 K
Slightly volatile
Common Stock Total Equity52.859.464.68
Slightly volatile
Common Stock Shares Outstanding445.6 K424.4 K63.4 K
Slightly volatile
Liabilities And Stockholders Equity24.9 M25.3 M10 M
Slightly volatile
Non Current Liabilities Total492.1 K518 K1.3 M
Pretty Stable
Total Liabilities30.6 M23.7 M16.4 M
Slightly volatile
Property Plant And Equipment Gross782.5 K745.2 K172.8 K
Slightly volatile
Short and Long Term Debt11 M7.3 M6.8 M
Slightly volatile
Capital Stock1061123.3 K
Slightly volatile
Short Term Debt11.3 M8.5 M6.9 M
Slightly volatile
Intangible Assets9.8 M10 M3.6 M
Slightly volatile
Deferred Long Term Liabilities320.3 K422.9 K256 K
Slightly volatile

Digital Brands Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization2.3 M3.2 M856.7 K
Slightly volatile
Selling General Administrative13.2 M14.3 M7.6 M
Slightly volatile
Selling And Marketing Expenses3.8 MM2.4 M
Slightly volatile
Total Revenue9.8 M14.9 M5.5 M
Slightly volatile
Gross Profit3.8 M6.5 M2.3 M
Slightly volatile
Other Operating Expenses25.8 M27.7 M14.3 M
Slightly volatile
Cost Of RevenueM8.4 M3.2 M
Slightly volatile
Total Operating Expenses19.8 M19.3 M11.1 M
Slightly volatile
Reconciled Depreciation1.6 MM610.2 K
Slightly volatile

Digital Brands Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Borrowings3.2 M3.6 MM
Slightly volatile
Depreciation3.4 M3.2 M743.8 K
Slightly volatile
Capital Expenditures15.2 K29.7 K8.9 K
Slightly volatile
Total Cash From Financing Activities8.2 M4.7 M4.8 M
Slightly volatile
Change To Netincome17.8 M16.9 M4.5 M
Slightly volatile
End Period Cash Flow19.7 K20.8 K442.7 K
Pretty Stable
Stock Based Compensation388.4 K408.8 K537.9 K
Slightly volatile
Change In Working Capital3.4 M2.9 M2.1 M
Slightly volatile
Begin Period Cash Flow662.8 K1.3 M595.7 K
Pretty Stable
Issuance Of Capital Stock11.6 M20 M5.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.08840.0938.4919
Slightly volatile
Days Sales Outstanding9.5910.097319.6554
Pretty Stable
Average PayablesM7.8 M4.4 M
Slightly volatile
Stock Based Compensation To Revenue0.0260.02740.0884
Pretty Stable
EV To Sales0.640.67310.1151
Slightly volatile
Inventory Turnover2.311.72651.7746
Slightly volatile
Days Of Inventory On Hand159211220
Slightly volatile
Payables Turnover0.741.11060.9709
Slightly volatile
Sales General And Administrative To Revenue1.620.95861.5045
Very volatile
Average Inventory1.6 M1.8 M1.9 M
Slightly volatile
Cash Per Share0.04650.048925.3027
Slightly volatile
Capex To Operating Cash Flow0.00520.00490.0023
Slightly volatile
Days Payables Outstanding442329378
Slightly volatile
Income Quality0.480.58680.588
Slightly volatile
Intangibles To Total Assets0.510.74820.2476
Slightly volatile
Current Ratio0.140.23950.1573
Pretty Stable
Receivables Turnover37.9636.148421.748
Pretty Stable
Graham Number43.0345.29256.6 K
Slightly volatile
Average Receivables575.2 K881 K311.9 K
Slightly volatile
Revenue Per Share33.3935.1469703
Pretty Stable
Interest Debt Per Share31.7633.43141.6 K
Very volatile
Debt To Assets0.330.34222.9188
Slightly volatile
Operating Cycle177222229
Pretty Stable
Days Of Payables Outstanding442329378
Slightly volatile
Ebt Per Ebit4.173.96911.6449
Slightly volatile
Quick Ratio0.02790.01870.0167
Slightly volatile
Dividend Paid And Capex Coverage Ratio192203663
Pretty Stable
Net Income Per E B T0.91.23211.035
Slightly volatile
Cash Ratio9.0E-49.0E-40.0086
Slightly volatile
Days Of Inventory Outstanding159211220
Slightly volatile
Days Of Sales Outstanding9.5910.097319.6554
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.81.00490.9886
Slightly volatile
Fixed Asset Turnover19.0220.016746.475
Pretty Stable
Capital Expenditure Coverage Ratio192203663
Pretty Stable
Debt Ratio0.330.34222.9188
Slightly volatile
Price Sales Ratio0.08840.0938.4919
Slightly volatile
Asset Turnover0.860.58871.7372
Slightly volatile
Gross Profit Margin0.290.43870.4187
Slightly volatile

Digital Brands Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.3 M1.4 M24.3 M
Slightly volatile
Enterprise Value14.4 M10 M15.7 M
Slightly volatile

Digital Fundamental Market Drivers

Cash And Short Term Investments20.8 K

Digital Upcoming Events

15th of April 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Digital Brands Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Digital Brands income statement, its balance sheet, and the statement of cash flows. Digital Brands investors use historical funamental indicators, such as Digital Brands's revenue or net income, to determine how well the company is positioned to perform in the future. Although Digital Brands investors may use each financial statement separately, they are all related. The changes in Digital Brands's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Digital Brands's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Digital Brands Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Digital Brands. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue7.1 M7.4 M
Total Revenue14.9 M9.8 M
Cost Of Revenue8.4 MM
Stock Based Compensation To Revenue 0.03  0.03 
Sales General And Administrative To Revenue 0.96  1.62 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0)(0)
Revenue Per Share 35.15  33.39 
Ebit Per Revenue(0.14)(0.15)

Pair Trading with Digital Brands

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 Digital Brands 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 Digital Brands will appreciate offsetting losses from the drop in the long position's value.

Moving against Digital Stock

  0.53BIG Big Lots Downward RallyPairCorr
  0.44WNW Meiwu Technology Report 10th of May 2024 PairCorr
The ability to find closely correlated positions to Digital Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Digital Brands 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 Digital Brands - 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 Digital Brands Group to buy it.
The correlation of Digital Brands 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 Digital Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Digital Brands 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 Digital Brands 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.
Pair CorrelationCorrelation Matching
When determining whether Digital Brands Group is a strong investment it is important to analyze Digital Brands' 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 Digital Brands' future performance. For an informed investment choice regarding Digital Stock, refer to the following important reports:
Check out the analysis of Digital Brands Correlation against competitors.
Note that the Digital Brands Group information on this page should be used as a complementary analysis to other Digital Brands' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running Digital Brands' price analysis, check to measure Digital Brands' 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 Digital Brands is operating at the current time. Most of Digital Brands' value examination focuses on studying past and present price action to predict the probability of Digital Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Brands' price. Additionally, you may evaluate how the addition of Digital Brands to your portfolios can decrease your overall portfolio volatility.
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Is Digital Brands' 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 Digital Brands. If investors know Digital 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 Digital Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(20.46)
Revenue Per Share
35.147
Quarterly Revenue Growth
(0.54)
Return On Assets
(0.27)
The market value of Digital Brands Group is measured differently than its book value, which is the value of Digital that is recorded on the company's balance sheet. Investors also form their own opinion of Digital Brands' value that differs from its market value or its book value, called intrinsic value, which is Digital Brands' 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 Digital Brands' market value can be influenced by many factors that don't directly affect Digital Brands' 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 Digital Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Digital Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digital Brands' 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.