Designer Asset Turnover vs Tax Assets Analysis

DBI Stock  USD 10.62  0.26  2.51%   
Trend analysis of Designer Brands balance sheet accounts such as Total Current Liabilities of 363.4 M or Total Stockholder Equity of 581.9 M provides information on Designer Brands' total assets, liabilities, and equity, which is the actual value of Designer Brands to its prevalent stockholders. By breaking down trends over time using Designer Brands balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Designer Brands. 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 labor statistics.
For more detail on how to invest in Designer Stock please use our How to Invest in Designer Brands guide.

About Designer Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Designer Brands at a specified time, usually calculated after every quarter, six months, or one year. Designer Brands Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Designer Brands and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Designer currently owns. An asset can also be divided into two categories, current and non-current.

Designer Brands Balance Sheet Chart

Designer Brands Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Designer Brands uses and utilizes its capital. It also shows what exactly a company owns and owes.
As of now, Designer Brands' Total Liabilities is increasing as compared to previous years. The Designer Brands' current Intangible Assets is estimated to increase to about 87 M, while Total Assets are projected to decrease to under 1.3 B.

Total Assets

Total assets refers to the total amount of Designer Brands 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 Designer Brands 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 Liabilities

Total Current Liabilities is an item on Designer Brands balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Designer Brands are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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 Designer Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Designer Brands 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 Designer Brands. 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 labor statistics.
For more detail on how to invest in Designer Stock please use our How to Invest in Designer Brands guide.As of now, Designer Brands' Discontinued Operations is increasing as compared to previous years. The Designer Brands' current Enterprise Value Multiple is estimated to increase to 12.90, while Selling General Administrative is projected to decrease to under 578.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.1B973.0M673.2M
Total Revenue3.2B3.3B3.1B2.2B

Designer Brands fundamental ratios Correlations

0.60.88-0.34-0.37-0.240.840.060.150.660.750.050.72-0.770.070.710.790.750.71-0.150.71-0.720.660.840.78-0.37
0.60.77-0.51-0.43-0.570.640.03-0.220.670.450.470.59-0.56-0.040.360.550.580.59-0.360.54-0.460.550.590.46-0.3
0.880.77-0.67-0.61-0.510.9-0.12-0.050.870.69-0.020.82-0.830.060.490.810.830.83-0.380.76-0.720.720.850.74-0.6
-0.34-0.51-0.670.890.61-0.520.550.27-0.87-0.240.11-0.70.49-0.360.22-0.59-0.68-0.740.8-0.640.45-0.6-0.53-0.450.84
-0.37-0.43-0.610.890.47-0.490.510.26-0.8-0.210.1-0.750.46-0.370.29-0.71-0.76-0.810.73-0.710.44-0.6-0.65-0.580.81
-0.24-0.57-0.510.610.47-0.230.30.6-0.470.19-0.37-0.410.130.05-0.11-0.31-0.46-0.470.19-0.360.12-0.18-0.32-0.220.21
0.840.640.9-0.52-0.49-0.23-0.130.040.780.85-0.120.72-0.820.130.460.730.680.7-0.320.67-0.70.710.750.67-0.59
0.060.03-0.120.550.510.3-0.130.47-0.370.090.06-0.19-0.06-0.260.45-0.13-0.18-0.280.44-0.17-0.05-0.13-0.07-0.050.52
0.15-0.22-0.050.270.260.60.040.47-0.110.38-0.36-0.03-0.34-0.080.340.01-0.04-0.090.070.0-0.360.010.030.10.06
0.660.670.87-0.87-0.8-0.470.78-0.37-0.110.62-0.130.83-0.740.380.120.770.80.86-0.660.78-0.680.790.750.68-0.85
0.750.450.69-0.24-0.210.190.850.090.380.62-0.270.52-0.790.160.50.560.460.48-0.20.48-0.680.630.590.55-0.49
0.050.47-0.020.110.1-0.37-0.120.06-0.36-0.13-0.27-0.020.26-0.090.17-0.050.0-0.030.060.010.16-0.09-0.03-0.040.42
0.720.590.82-0.7-0.75-0.410.72-0.19-0.030.830.52-0.02-0.830.50.260.970.990.99-0.410.99-0.880.910.940.95-0.74
-0.77-0.56-0.830.490.460.13-0.82-0.06-0.34-0.74-0.790.26-0.83-0.23-0.5-0.84-0.81-0.80.27-0.80.94-0.84-0.86-0.830.63
0.07-0.040.06-0.36-0.370.050.13-0.26-0.080.380.16-0.090.5-0.23-0.240.410.410.45-0.350.55-0.450.650.30.48-0.58
0.710.360.490.220.29-0.110.460.450.340.120.50.170.26-0.5-0.240.320.310.220.450.28-0.50.220.430.420.24
0.790.550.81-0.59-0.71-0.310.73-0.130.010.770.56-0.050.97-0.840.410.320.980.97-0.330.97-0.860.880.990.97-0.67
0.750.580.83-0.68-0.76-0.460.68-0.18-0.040.80.460.00.99-0.810.410.310.980.99-0.360.98-0.850.860.960.95-0.68
0.710.590.83-0.74-0.81-0.470.7-0.28-0.090.860.48-0.030.99-0.80.450.220.970.99-0.440.98-0.830.880.940.92-0.76
-0.15-0.36-0.380.80.730.19-0.320.440.07-0.66-0.20.06-0.410.27-0.350.45-0.33-0.36-0.44-0.360.23-0.44-0.24-0.190.7
0.710.540.76-0.64-0.71-0.360.67-0.170.00.780.480.010.99-0.80.550.280.970.980.98-0.36-0.890.910.940.97-0.69
-0.72-0.46-0.720.450.440.12-0.7-0.05-0.36-0.68-0.680.16-0.880.94-0.45-0.5-0.86-0.85-0.830.23-0.89-0.87-0.85-0.90.59
0.660.550.72-0.6-0.6-0.180.71-0.130.010.790.63-0.090.91-0.840.650.220.880.860.88-0.440.91-0.870.850.88-0.77
0.840.590.85-0.53-0.65-0.320.75-0.070.030.750.59-0.030.94-0.860.30.430.990.960.94-0.240.94-0.850.850.96-0.6
0.780.460.74-0.45-0.58-0.220.67-0.050.10.680.55-0.040.95-0.830.480.420.970.950.92-0.190.97-0.90.880.96-0.59
-0.37-0.3-0.60.840.810.21-0.590.520.06-0.85-0.490.42-0.740.63-0.580.24-0.67-0.68-0.760.7-0.690.59-0.77-0.6-0.59
Click cells to compare fundamentals

Designer Brands Account Relationship Matchups

Designer Brands fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.0B2.0B2.0B2.3B1.3B
Other Current Liab142.7M154.5M163.3M138.7M112.0M95.4M
Total Current Liabilities680.0M752.7M758.9M636.1M622.3M363.4M
Total Stockholder Equity720.9M243.0M412.4M429.7M359.2M581.9M
Other Liab27.5M30.8M24.4M25.0M28.7M27.3M
Retained Earnings267.1M(228.8M)(74.3M)82.0M98.9M144.4M
Accounts Payable299.1M245.1M340.9M255.4M289.4M188.5M
Cash86.6M59.6M72.7M58.8M49.2M74.0M
Other Assets56.2M31.2M31.7M91.1M82.0M53.0M
Long Term Debt190M272.3M225.5M281.0M252.9M129.3M
Inventory632.6M473.2M586.4M605.7M571.3M431.7M
Other Current Assets67.5M51.8M55.3M47.8M73.3M59.0M
Total Liab1.7B1.7B1.6B1.6B1.9B2.0B
Intangible Assets22.8M15.6M15.5M31.9M82.8M87.0M
Common Stock971.4M990.2M1.0B1.0B1.0B650.3M
Property Plant Equipment1.3B997.0M904.0M935.8M1.1B1.1B
Short Long Term Debt Total1.2B1.3B1.0B1.1B1.2B1.3B
Net Debt1.1B1.2B948.5M1.0B1.2B1.3B
Common Stock Shares Outstanding74.6M72.2M77.3M72.1M63.4M79.8M
Liabilities And Stockholders Equity2.5B2.0B2.0B2.0B2.3B1.3B
Non Current Liabilities Total1.1B980.9M843.3M940.6M1.3B1.4B
Other Stockholder Equity(350.9M)(398.4M)(515.1M)(665.8M)(764.8M)(726.6M)
Good Will89.5M113.6M93.7M97.1M123.8M129.9M
Property Plant And Equipment Net1.3B997.0M904.0M935.8M941.3M988.3M
Non Current Assets Total1.6B1.2B1.1B1.2B1.5B1.6B
Cash And Short Term Investments111.5M59.6M72.7M58.8M49.2M46.7M
Net Receivables89.2M196.0M199.8M77.8M83.6M46.3M
Common Stock Total Equity961.2M978.8M971.4M990.2M1.1B673.7M
Property Plant And Equipment Gross1.3B997.0M904.0M935.8M1.1B1.1B
Total Current Assets900.8M780.6M914.2M789.9M777.4M723.3M
Accumulated Other Comprehensive Income(2.5M)(3.3M)(3.6M)(5.4M)(5.6M)(5.9M)
Short Term Debt186.7M307.3M202.2M190.1M173.3M92.7M
Current Deferred Revenue51.6M45.8M52.5M52.0M47.6M46.9M
Non Currrent Assets Other24.3M31.2M31.3M42.8M131.8M138.4M
Short Term Investments124.6M69.7M25.0M58.6M52.7M50.1M
Net Tangible Assets584.4M133.7M303.2M303.9M273.5M537.6M

Pair Trading with Designer 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 Designer 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 Designer Brands will appreciate offsetting losses from the drop in the long position's value.

Moving together with Designer Stock

  0.7M Macys Inc Financial Report 6th of June 2024 PairCorr
  0.76DIBS 1StdibsCom Financial Report 8th of May 2024 PairCorr
  0.78AN AutoNation Financial Report 18th of April 2024 PairCorr

Moving against Designer Stock

  0.79BGI Birks GroupPairCorr
  0.76BQ Boqii Holding LimitedPairCorr
  0.72LL LL Flooring HoldingsPairCorr
  0.67FNKO Funko Inc Financial Report 2nd of May 2024 PairCorr
  0.54DLTH Duluth Holdings Financial Report 6th of June 2024 PairCorr
The ability to find closely correlated positions to Designer 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 Designer 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 Designer 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 Designer Brands to buy it.
The correlation of Designer 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 Designer Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Designer Brands 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 Designer 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 Designer Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Designer Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Designer Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Designer Brands Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Designer Brands. 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 labor statistics.
For more detail on how to invest in Designer Stock please use our How to Invest in Designer Brands guide.
Note that the Designer Brands information on this page should be used as a complementary analysis to other Designer 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Designer Stock analysis

When running Designer Brands' price analysis, check to measure Designer 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 Designer Brands is operating at the current time. Most of Designer Brands' value examination focuses on studying past and present price action to predict the probability of Designer Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Designer Brands' price. Additionally, you may evaluate how the addition of Designer Brands to your portfolios can decrease your overall portfolio volatility.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Is Designer 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 Designer Brands. If investors know Designer 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 Designer Brands 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
(0.74)
Dividend Share
0.2
Earnings Share
0.46
Revenue Per Share
50.166
Quarterly Revenue Growth
(0.01)
The market value of Designer Brands is measured differently than its book value, which is the value of Designer that is recorded on the company's balance sheet. Investors also form their own opinion of Designer Brands' value that differs from its market value or its book value, called intrinsic value, which is Designer 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 Designer Brands' market value can be influenced by many factors that don't directly affect Designer 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 Designer Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Designer Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Designer 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.