Destination Interest Coverage Trend from 2010 to 2021

DXLG -  USA Stock  

USD 6.13  0.22  3.72%

Destination Interest Coverage is decreasing over the years with slightly volatile fluctuation. Ongoing Interest Coverage is projected to grow to 12.34 this year. During the period from 2010 to 2021 Destination Interest Coverage anual values regression line had geometric mean of 3.63 and mean square error of  71.97.

Destination Historical Trends 

 
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Check Destination financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Destination main balance sheet or income statement drivers, such as Direct Expenses of 216.2 M, Cost of Revenue of 230.6 M or Gross Profit of 155.2 M, as well as many exotic indicators such as Interest Coverage of 12.34, Long Term Debt to Equity of 0.31 or Calculated Tax Rate of 18.07. Destination financial statements analysis is a perfect complement when working with Destination Valuation or Volatility modules. It can also supplement various Destination Technical models. Continue to the analysis of Destination Correlation against competitors.

Destination Interest Coverage Breakdown

Showing smoothed Interest Coverage of Destination XL Group with missing and latest data points interpolated. Destination's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Destination's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Decreasing
Slightly volatile
 Interest Coverage 
Share
      Timeline 

Destination Interest Coverage Regression Statistics

Arithmetic Mean 9.34
Geometric Mean 3.63
Coefficient Of Variation 94.59
Mean Deviation 7.04
Median 7.52
Standard Deviation 8.83
Sample Variance 78.04
Range 22.10
R-Value(0.40)
Mean Square Error 71.97
R-Squared 0.16
Significance 0.20
Slope(0.98)
Total Sum of Squares 858.45

Destination Interest Coverage History

2013  0.32 
2017  7.52 
2020  8.64 
2021  12.34 

About Destination Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Destination income statement, its balance sheet, and the statement of cash flows. Destination investors use historical funamental indicators, such as Destination's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Destination investors may use each financial statement separately, they are all related. The changes in Destination's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Destination'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 Destination Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Destination. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2021
Interest Coverage 8.64  12.34 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA-39 M-13.1 M
Destination XL Group, Inc., together with its subsidiaries, operates as a specialty retailer of big and tall mens clothing and shoes in the United States and Canada. Destination XL Group, Inc. was incorporated in 1976 and is headquartered in Canton, Massachusetts. Destination operates under Apparel Retail classification in the United States and is traded on NASDAQ Exchange. It employs 1316 people.

Destination Investors Sentiment

The influence of Destination's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Destination. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - DXLG

Destination XL Group Investor Sentiment

Most of Macroaxis users are currently bullish on Destination XL Group. What is your opinion about investing in Destination XL Group? Are you bullish or bearish?
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Bearish
98% Bullish
2% Bearish
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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.

Destination Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Destination and Carters. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Continue to the analysis of Destination Correlation against competitors. Note that the Destination XL Group information on this page should be used as a complementary analysis to other Destination's 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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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 XL Group underlying business (such as 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 Destination value 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.