Destination Financial Statements From 2010 to 2022

DXLG
 Stock
  

USD 3.59  0.08  2.28%   

Destination financial statements provide useful quarterly and yearly information to potential Destination XL 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 Destination financial statements helps investors assess Destination's valuation, profitability, and current liquidity needs.
There are over eighteen available fundamental signals for Destination XL Group, which can be analyzed over time and compared to other ratios. Please make sure to verify all of Destination's prevailing performance against the performance from 2010 to 2022 to make sure the company is sustainable down the road.
As of July 7, 2022, Net Income Per Employee is expected to decline to -5,976. In addition to that, Revenue Per Employee is expected to decline to about 152.9 K.
  
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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 204.4 M, Consolidated Income of 23.4 M or Cost of Revenue of 252.2 M, as well as many exotic indicators such as Interest Coverage of 12.34, Long Term Debt to Equity of 0.21 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 Revenues

483.71 Million

Destination Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets291.7 M280 M287.1 M
Increasing
Slightly volatile
Cash and Equivalents10.9 M15.5 M13.4 M
Increasing
Slightly volatile
Property Plant and Equipment Net156.4 M172.3 M163.7 M
Increasing
Slightly volatile
Inventory108.8 M81.8 M95.6 M
Decreasing
Slightly volatile
Tax Assets40.5 M40.8 M44.6 M
Decreasing
Slightly volatile
Trade and Non Trade Receivables3.6 M2.1 M4.7 M
Decreasing
Very volatile
Trade and Non Trade Payables29.4 M25.2 M27.9 M
Decreasing
Slightly volatile
Goodwill and Intangible AssetsM1.1 M1.9 M
Decreasing
Slightly volatile
Total Liabilities214.6 M221.7 M245.6 M
Increasing
Slightly volatile
Shareholders Equity77.2 M58.2 M41.4 M
Decreasing
Slightly volatile
Current Assets131.1 M106 M119.8 M
Decreasing
Slightly volatile
Assets Non Current160.6 M174 M167.3 M
Increasing
Slightly volatile
Current Liabilities110.8 M95.5 M122.3 M
Increasing
Stable
Liabilities Non Current103.8 M126.3 M123.3 M
Increasing
Slightly volatile
Total Debt117.8 M155.6 M166.2 M
Increasing
Slightly volatile
Debt Current44.4 M35.2 M64.5 M
Increasing
Stable
Debt Non Current73.4 M120.4 M101.8 M
Increasing
Slightly volatile
Shareholders Equity USD77.2 M58.2 M41.4 M
Decreasing
Slightly volatile
Cash and Equivalents USD10.9 M15.5 M13.4 M
Increasing
Slightly volatile
Total Debt USD117.8 M155.6 M166.2 M
Increasing
Slightly volatile
Accounts Payable26.2 M27 M31.2 M
Decreasing
Slightly volatile
Receivables3.7 M3.3 M6.3 M
Decreasing
Slightly volatile
Inventories99.3 M103.7 M104.2 M
Decreasing
Very volatile

Destination Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues483.7 M505 M452.6 M
Increasing
Slightly volatile
Cost of Revenue252.2 M255.2 M247.9 M
Increasing
Slightly volatile
Selling General and Administrative Expense183 M173 M176.1 M
Increasing
Slightly volatile
Operating Expenses203.5 M187.8 M199.3 M
Increasing
Stable
Interest Expense3.4 M4.3 M2.8 M
Increasing
Slightly volatile
Income Tax Expense610.5 K917 K14.3 M
Decreasing
Slightly volatile
Net Loss Income from Discontinued OperationsMM613.8 K
Increasing
Slightly volatile
Consolidated Income23.4 M56.7 M(11.5 M)
Increasing
Slightly volatile
Net Income23.4 M56.7 M(11.5 M)
Increasing
Slightly volatile
Net Income Common Stock23.4 M56.7 M(11.5 M)
Increasing
Slightly volatile
Weighted Average Shares59 M63.4 M52.3 M
Increasing
Slightly volatile
Weighted Average Shares Diluted61.5 M68 M53.2 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT27.4 M62 M5.6 M
Increasing
Slightly volatile
Revenues USD483.7 M505 M452.6 M
Increasing
Slightly volatile
Net Income Common Stock USD23.4 M56.7 M(11.5 M)
Increasing
Slightly volatile
Earning Before Interest and Taxes USD27.4 M62 M5.6 M
Increasing
Slightly volatile
Gross Profit231.5 M249.8 M204.8 M
Increasing
Slightly volatile
Operating Income28 M62 M5.5 M
Increasing
Slightly volatile
Direct Expenses204.4 M201.6 M237.5 M
Increasing
Very volatile

Destination Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals309.9 K296.7 K268.4 K
Increasing
Slightly volatile
Net Cash Flow from Financing(24.5 M)(73.8 M)(6.7 M)
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities (25.9 M)(77 M)(7.2 M)
Decreasing
Slightly volatile
Issuance Purchase of Equity Shares2.8 M5.2 M479.7 K
Increasing
Slightly volatile
Net Cash Flow from Operations47 M75.5 M30.2 M
Increasing
Slightly volatile
Share Based Compensation2.6 M1.6 M2.3 M
Decreasing
Very volatile
Depreciation Amortization and Accretion21.7 M17.2 M22.1 M
Decreasing
Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share0.340.89(0.2895)
Increasing
Slightly volatile
Earnings per Diluted Share0.310.83(0.3011)
Increasing
Slightly volatile
Earnings per Basic Share USD0.340.89(0.2895)
Increasing
Slightly volatile
Return on Average Equity0.731.5140.0797
Increasing
Slightly volatile
Return on Average Assets0.08470.207(0.0392)
Increasing
Slightly volatile
Return on Invested Capital0.07260.1840.0111
Increasing
Slightly volatile
Gross Margin0.50.4950.454
Increasing
Slightly volatile
Profit Margin0.04320.112(0.0345)
Increasing
Slightly volatile
EBITDA Margin0.10.1570.0579
Increasing
Slightly volatile
Return on Sales0.05210.1230.0083
Increasing
Slightly volatile
Asset Turnover1.791.8431.4115
Increasing
Slightly volatile
Enterprise Value over EBITDA14.925.25722.6234
Decreasing
Slightly volatile
Enterprise Value over EBIT(13.68)7.0(45.668)
Increasing
Very volatile
Price to Earnings Ratio(8.13)4.865(4.4252)
Increasing
Stable
Sales per Share8.667.9668.7213
Increasing
Stable
Price to Sales Ratio0.60.5440.3917
Decreasing
Stable
Price to Book Value4.014.704(4.3822)
Decreasing
Very volatile
Debt to Equity Ratio3.113.809(33.8046)
Decreasing
Very volatile
Current Ratio1.241.111.0604
Decreasing
Slightly volatile
Free Cash Flow per Share0.291.1080.0293
Increasing
Slightly volatile
Book Value per Share1.440.9180.8003
Decreasing
Slightly volatile
Tangible Assets Book Value per Share5.254.3985.5302
Decreasing
Stable
Total Assets Per Share4.564.646.1172
Increasing
Stable
Cash Flow Per Share0.440.310.3745
Decreasing
Slightly volatile
Calculated Tax Rate18.0717.4523.7633
Decreasing
Slightly volatile
Receivables Turnover10179.878.4248
Increasing
Slightly volatile
Inventory Turnover1.891.832.2477
Increasing
Very volatile
PPandE Turnover5.644.285.0358
Increasing
Stable
Cash and Equivalents Turnover76.9481.8585.7146
Increasing
Slightly volatile
Accounts Payable Turnover17.0315.1714.221
Increasing
Slightly volatile
Interest Coverage12.348.649.1986
Decreasing
Slightly volatile
Long Term Debt to Equity0.210.260.211
Increasing
Slightly volatile
Quick Ratio0.00720.0070.033
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets19.8318.639.946
Decreasing
Stable
Revenue to Assets1.981.821.4772
Increasing
Stable

Destination Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax24 M57.6 M2.8 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA49.1 M79.2 M27.7 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD49.1 M79.2 M27.7 M
Increasing
Slightly volatile
Market Capitalization279.7 M273.9 M173.8 M
Decreasing
Very volatile
Enterprise Value390.4 M416.4 M358.6 M
Increasing
Slightly volatile
Invested Capital285.8 M323.4 M315.7 M
Increasing
Slightly volatile
Average Equity70.3 M37.5 M75.8 M
Decreasing
Slightly volatile
Average Assets283.9 M274 M330.8 M
Increasing
Stable
Invested Capital Average290.2 M337 M386.2 M
Increasing
Slightly volatile
Tangible Asset Value289.7 M278.8 M285.2 M
Increasing
Slightly volatile
Free Cash Flow22.7 M70.3 M4.7 M
Increasing
Slightly volatile
Working Capital20.3 M10.5 M(2.5 M)
Decreasing
Slightly volatile
Revenue Per Employee152.9 K153.4 K180.3 K
Increasing
Very volatile

Destination Fundamental Market Drivers

Short Percent Of Float5.15%
Forward Price Earnings5.78
Shares Short Prior Month2.55M
Average Daily Volume Last 10 Day1.33M
Average Daily Volume In Three Month760.67k
Date Short Interest29th of April 2022
Fifty Day Average4.3306
Two Hundred Day Average5.4117

Destination Upcoming Events

Upcoming Quarterly Report17th of March 2022
Next Financial Report26th of May 2022
Next Fiscal Quarter End31st of January 2022
Next Fiscal Year End17th of March 2022
Last Quarter Report31st of October 2021
Last Financial Announcement31st of January 2021

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 revenue or net income, 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 2022
Cost of Revenue255.2 M252.2 M
Revenues505 M483.7 M
Revenue to Assets 1.82  1.98 
Revenue Per Employee153.4 K152.9 K
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 1353 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.

Destination Implied Volatility

    
  13.9  
Destination's implied volatility exposes the market's sentiment of Destination XL Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Destination's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Destination stock will not fluctuate a lot when Destination's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Destination in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Destination's short interest history, or implied volatility extrapolated from Destination options trading.

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?
Bullish
Bearish
98% Bullish
2% Bearish

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

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Destination could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Destination 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 Destination - 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 Destination XL Group to buy it.
The correlation of Destination is a statistical measure of how it moves in relation to other equities. 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 Destination moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Destination XL 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 Destination 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
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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Destination XL Group price analysis, check to measure Destination's 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 Destination is operating at the current time. Most of Destination's value examination focuses on studying past and present price action to predict the probability of Destination's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Destination's price. Additionally, you may evaluate how the addition of Destination to your portfolios can decrease your overall portfolio volatility.
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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.
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 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.