Designer Cash and Equivalents vs Asset Turnover Analysis

DBI Stock

USD 9.53 0.16 1.65%

Designer Brands financial indicator trend analysis is much more than just examining Designer Brands latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Designer Brands is a good investment. Please check the relationship between Designer Brands Cash And Equivalents and its Asset Turnover accounts. 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.

Cash And Equivalents vs Asset Turnover

Cash and Equivalents vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Designer Brands Cash and Equivalents account and Asset Turnover. At this time, the significance of the direction appears to have very week relationship.

The correlation between Designer Brands' Cash and Equivalents and Asset Turnover is 0.27. Overlapping area represents the amount of variation of Cash and Equivalents that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Designer Brands, assuming nothing else is changed. The correlation between historical values of Designer Brands' Cash and Equivalents and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash and Equivalents of Designer Brands are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Cash and Equivalents i.e., Designer Brands' Cash and Equivalents and Asset Turnover go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Cash And Equivalents

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

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' Enterprise Value Over EBITDA is decreasing 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 578.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.1B	1.1B	973.0M	673.2M
Total Revenue	3.2B	3.3B	3.1B	2.2B

Gross Profit Total Revenue

Designer Brands fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Inventory	Other Current Assets	Total Liab	Treasury Stock	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Net Debt	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Good Will	Property Plant And Equipment Net	Non Current Assets Total	Cash And Short Term Investments
Total Assets		0.6	0.88	-0.34	-0.37	-0.24	0.84	0.06	0.15	0.49	0.75	0.05	0.72	-0.77	0.07	0.71	0.79	0.75	0.71	-0.15	0.71	-0.72	0.66	0.84	0.78	-0.37
Other Current Liab	0.6		0.77	-0.51	-0.43	-0.57	0.64	0.03	-0.22	0.47	0.45	0.47	0.59	-0.56	-0.04	0.36	0.55	0.58	0.59	-0.36	0.54	-0.46	0.55	0.59	0.46	-0.3
Total Current Liabilities	0.88	0.77		-0.67	-0.61	-0.51	0.9	-0.12	-0.05	0.64	0.69	-0.02	0.82	-0.83	0.06	0.49	0.81	0.83	0.83	-0.38	0.76	-0.72	0.72	0.85	0.74	-0.6
Total Stockholder Equity	-0.34	-0.51	-0.67		0.89	0.61	-0.52	0.55	0.27	-0.78	-0.24	0.11	-0.7	0.49	-0.36	0.22	-0.59	-0.68	-0.74	0.8	-0.64	0.45	-0.6	-0.53	-0.45	0.84
Other Liab	-0.37	-0.43	-0.61	0.89		0.47	-0.49	0.51	0.26	-0.78	-0.21	0.1	-0.75	0.46	-0.37	0.29	-0.71	-0.76	-0.81	0.73	-0.71	0.44	-0.6	-0.65	-0.58	0.81
Retained Earnings	-0.24	-0.57	-0.51	0.61	0.47		-0.23	0.3	0.6	-0.36	0.19	-0.37	-0.41	0.13	0.05	-0.11	-0.31	-0.46	-0.47	0.19	-0.36	0.12	-0.18	-0.32	-0.22	0.21
Accounts Payable	0.84	0.64	0.9	-0.52	-0.49	-0.23		-0.13	0.04	0.58	0.85	-0.12	0.72	-0.82	0.13	0.46	0.73	0.68	0.7	-0.32	0.67	-0.7	0.71	0.75	0.67	-0.59
Cash	0.06	0.03	-0.12	0.55	0.51	0.3	-0.13		0.47	-0.33	0.09	0.06	-0.19	-0.06	-0.26	0.45	-0.13	-0.18	-0.28	0.44	-0.17	-0.05	-0.13	-0.07	-0.05	0.52
Other Assets	0.15	-0.22	-0.05	0.27	0.26	0.6	0.04	0.47		-0.06	0.38	-0.36	-0.03	-0.34	-0.08	0.34	0.01	-0.04	-0.09	0.07	0.0	-0.36	0.01	0.03	0.1	0.06
Long Term Debt	0.49	0.47	0.64	-0.78	-0.78	-0.36	0.58	-0.33	-0.06		0.42	-0.07	0.92	-0.69	0.72	0.0	0.83	0.87	0.91	-0.56	0.92	-0.8	0.89	0.76	0.81	-0.83
Inventory	0.75	0.45	0.69	-0.24	-0.21	0.19	0.85	0.09	0.38	0.42		-0.27	0.52	-0.79	0.16	0.5	0.56	0.46	0.48	-0.2	0.48	-0.68	0.63	0.59	0.55	-0.49
Other Current Assets	0.05	0.47	-0.02	0.11	0.1	-0.37	-0.12	0.06	-0.36	-0.07	-0.27		-0.02	0.26	-0.09	0.17	-0.05	0.0	-0.03	0.06	0.01	0.16	-0.09	-0.03	-0.04	0.42
Total Liab	0.72	0.59	0.82	-0.7	-0.75	-0.41	0.72	-0.19	-0.03	0.92	0.52	-0.02		-0.83	0.5	0.26	0.97	0.99	0.99	-0.41	0.99	-0.88	0.91	0.94	0.95	-0.74
Treasury Stock	-0.77	-0.56	-0.83	0.49	0.46	0.13	-0.82	-0.06	-0.34	-0.69	-0.79	0.26	-0.83		-0.23	-0.5	-0.84	-0.81	-0.8	0.27	-0.8	0.94	-0.84	-0.86	-0.83	0.63
Intangible Assets	0.07	-0.04	0.06	-0.36	-0.37	0.05	0.13	-0.26	-0.08	0.72	0.16	-0.09	0.5	-0.23		-0.24	0.41	0.41	0.45	-0.35	0.55	-0.45	0.65	0.3	0.48	-0.58
Common Stock	0.71	0.36	0.49	0.22	0.29	-0.11	0.46	0.45	0.34	0.0	0.5	0.17	0.26	-0.5	-0.24		0.32	0.31	0.22	0.45	0.28	-0.5	0.22	0.43	0.42	0.24
Property Plant Equipment	0.79	0.55	0.81	-0.59	-0.71	-0.31	0.73	-0.13	0.01	0.83	0.56	-0.05	0.97	-0.84	0.41	0.32		0.98	0.97	-0.33	0.97	-0.86	0.88	0.99	0.97	-0.67
Short Long Term Debt Total	0.75	0.58	0.83	-0.68	-0.76	-0.46	0.68	-0.18	-0.04	0.87	0.46	0.0	0.99	-0.81	0.41	0.31	0.98		0.99	-0.36	0.98	-0.85	0.86	0.96	0.95	-0.68
Net Debt	0.71	0.59	0.83	-0.74	-0.81	-0.47	0.7	-0.28	-0.09	0.91	0.48	-0.03	0.99	-0.8	0.45	0.22	0.97	0.99		-0.44	0.98	-0.83	0.88	0.94	0.92	-0.76
Common Stock Shares Outstanding	-0.15	-0.36	-0.38	0.8	0.73	0.19	-0.32	0.44	0.07	-0.56	-0.2	0.06	-0.41	0.27	-0.35	0.45	-0.33	-0.36	-0.44		-0.36	0.23	-0.44	-0.24	-0.19	0.7
Non Current Liabilities Total	0.71	0.54	0.76	-0.64	-0.71	-0.36	0.67	-0.17	0.0	0.92	0.48	0.01	0.99	-0.8	0.55	0.28	0.97	0.98	0.98	-0.36		-0.89	0.91	0.94	0.97	-0.69
Other Stockholder Equity	-0.72	-0.46	-0.72	0.45	0.44	0.12	-0.7	-0.05	-0.36	-0.8	-0.68	0.16	-0.88	0.94	-0.45	-0.5	-0.86	-0.85	-0.83	0.23	-0.89		-0.87	-0.85	-0.9	0.59
Good Will	0.66	0.55	0.72	-0.6	-0.6	-0.18	0.71	-0.13	0.01	0.89	0.63	-0.09	0.91	-0.84	0.65	0.22	0.88	0.86	0.88	-0.44	0.91	-0.87		0.85	0.88	-0.77
Property Plant And Equipment Net	0.84	0.59	0.85	-0.53	-0.65	-0.32	0.75	-0.07	0.03	0.76	0.59	-0.03	0.94	-0.86	0.3	0.43	0.99	0.96	0.94	-0.24	0.94	-0.85	0.85		0.96	-0.6
Non Current Assets Total	0.78	0.46	0.74	-0.45	-0.58	-0.22	0.67	-0.05	0.1	0.81	0.55	-0.04	0.95	-0.83	0.48	0.42	0.97	0.95	0.92	-0.19	0.97	-0.9	0.88	0.96		-0.59
Cash And Short Term Investments	-0.37	-0.3	-0.6	0.84	0.81	0.21	-0.59	0.52	0.06	-0.83	-0.49	0.42	-0.74	0.63	-0.58	0.24	-0.67	-0.68	-0.76	0.7	-0.69	0.59	-0.77	-0.6	-0.59

Click cells to compare fundamentals

Designer Brands Account Relationship Matchups

Designer Brands fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.5B	2.0B	2.0B	2.0B	2.3B	1.3B
Other Current Liab	142.7M	154.5M	163.3M	138.7M	112.0M	95.4M
Total Current Liabilities	680.0M	752.7M	758.9M	636.1M	622.3M	363.4M
Total Stockholder Equity	720.9M	243.0M	412.4M	429.7M	359.2M	581.9M
Other Liab	27.5M	30.8M	24.4M	25.0M	28.7M	27.3M
Retained Earnings	267.1M	(228.8M)	(74.3M)	82.0M	98.9M	144.4M
Accounts Payable	299.1M	245.1M	340.9M	255.4M	289.4M	188.5M
Cash	86.6M	59.6M	72.7M	58.8M	49.2M	74.0M
Other Assets	56.2M	31.2M	31.7M	91.1M	82.0M	53.0M
Long Term Debt	190M	272.3M	225.5M	281.0M	420.3M	441.4M
Inventory	632.6M	473.2M	586.4M	605.7M	571.3M	431.7M
Other Current Assets	67.5M	51.8M	55.3M	47.8M	73.3M	59.0M
Total Liab	1.7B	1.7B	1.6B	1.6B	1.9B	2.0B
Intangible Assets	22.8M	15.6M	15.5M	31.9M	82.8M	87.0M
Common Stock	971.4M	990.2M	1.0B	1.0B	1.0B	650.3M
Property Plant Equipment	1.3B	997.0M	904.0M	935.8M	1.1B	1.1B
Short Long Term Debt Total	1.2B	1.3B	1.0B	1.1B	1.2B	1.3B
Net Debt	1.1B	1.2B	948.5M	1.0B	1.2B	1.3B
Common Stock Shares Outstanding	74.6M	72.2M	77.3M	72.1M	63.4M	79.8M
Liabilities And Stockholders Equity	2.5B	2.0B	2.0B	2.0B	2.3B	1.3B
Non Current Liabilities Total	1.1B	980.9M	843.3M	940.6M	1.3B	1.4B
Other Stockholder Equity	(350.9M)	(398.4M)	(515.1M)	(665.8M)	(764.8M)	(726.6M)
Good Will	89.5M	113.6M	93.7M	97.1M	123.8M	129.9M
Property Plant And Equipment Net	1.3B	997.0M	904.0M	935.8M	941.3M	988.3M
Non Current Assets Total	1.6B	1.2B	1.1B	1.2B	1.5B	1.6B
Cash And Short Term Investments	111.5M	59.6M	72.7M	58.8M	49.2M	46.7M
Net Receivables	89.2M	196.0M	199.8M	77.8M	83.6M	46.3M
Common Stock Total Equity	961.2M	978.8M	971.4M	990.2M	1.1B	673.7M
Property Plant And Equipment Gross	1.3B	997.0M	904.0M	935.8M	1.9B	2.0B
Total Current Assets	900.8M	780.6M	914.2M	789.9M	777.4M	723.3M
Accumulated Other Comprehensive Income	(2.5M)	(3.3M)	(3.6M)	(5.4M)	(5.6M)	(5.9M)
Short Term Debt	186.7M	307.3M	202.2M	190.1M	173.3M	92.7M
Current Deferred Revenue	51.6M	45.8M	52.5M	52.0M	47.6M	46.9M
Non Currrent Assets Other	24.3M	31.2M	31.3M	42.8M	49.0M	35.4M
Short Term Investments	124.6M	69.7M	25.0M	58.6M	52.7M	50.1M
Net Tangible Assets	584.4M	133.7M	303.2M	303.9M	273.5M	537.6M

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

0.85	HD	Home Depot Financial Report 21st of May 2024	Pair Corr
0.71	VIPS	Vipshop Holdings Financial Report 28th of May 2024	Pair Corr

Moving against Designer Stock

0.54

AAN

Aarons

Pair Corr

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 Correlation Correlation 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:

How To Invest In Designer

Details

Is Designer Stock a good investment?

Details

What is Designer Brands' Net Worth?

Details

Largest Specialty Retail Companies

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Largest Consumer Discretionary Distribution & Retail Companies

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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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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.

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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.

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Designer Cash and Equivalents vs Asset Turnover Analysis

Cash And Equivalents vs Asset Turnover

Cash and Equivalents vs Asset Turnover Correlation Analysis

Correlation Coefficient

Cash And Equivalents

Asset Turnover

Designer Brands fundamental ratios Correlations

Designer Brands Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Designer Brands fundamental ratios Accounts

Pair Trading with Designer Brands

Moving together with Designer Stock

Moving against Designer Stock

Complementary Tools for Designer Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 0.99	Total Liab
Net Debt	+ 0.99	Total Liab
Non Current Liabilities Total	+ 0.99	Total Liab
Property Plant And Equipment Net	+ 0.99	Property Plant Equipment
Net Debt	+ 0.99	Short Long Term Debt Total
Short Long Term Debt Total	+ 0.98	Property Plant Equipment

Non Current Assets Total	- 0.9	Other Stockholder Equity
Other Stockholder Equity	- 0.89	Non Current Liabilities Total
Other Stockholder Equity	- 0.88	Total Liab
Good Will	- 0.87	Other Stockholder Equity
Other Stockholder Equity	- 0.86	Property Plant Equipment
Property Plant And Equipment Net	- 0.86	Treasury Stock