Destination Historical Income Statement

DXLG
 Stock
  

USD 4.28  0.09  2.15%   

Historical analysis of Destination income statement accounts such as Cost of Revenue of 252.2 M or Earning Before Interest and Taxes EBIT of 27.4 M can show how well Destination XL Group performed in making a profits. Evaluating Destination income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Destination's future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Destination XL Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Destination XL Group is a good buy for the upcoming year.
Continue to Investing Opportunities.
  

About Destination Income Statement Analysis

Destination XL Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Destination shareholders. The income statement also shows Destination investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Destination Income Statement Chart

Destination XL Group Income Statement is one of the three primary financial statements used for reporting Destination's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Destination XL Group revenue and expense. Destination Income Statement primarily focuses on the company's revenues and expenses during a particular period.
The current year Direct Expenses is expected to grow to about 204.4 M

Consolidated Income

The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of Net Income Available to Non-controlling Interests.

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Destination XL Group financial statement analysis. It represents the amount of money remaining after all of Destination XL Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income Available to Non-controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Revenues

Revenues refers to the total amount of money received by Destination for goods sold or services provided during a certain time period. It also includes all of Destination XL Group sales as well as any other increase in Destination XL Group equity.Revenues are reported on Destination XL Group income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.
Most accounts from Destination income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Destination XL Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Continue to Investing Opportunities.The current year Direct Expenses is expected to grow to about 204.4 M
 2010 2014 2020 2022 (projected)
Interest Expense1.05 M3.3 M4.35 M3.41 M
Gross Profit176.36 M204.2 M249.82 M231.49 M

Destination income statement Correlations

Destination Account Relationship Matchups

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.
Investor biases related to Destination's public news can be used to forecast risks associated with investment in Destination. The trend in average sentiment can be used to explain how an investor holding Destination can time the market purely based on public headlines and social activities around Destination XL Group. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Destination's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Destination's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Destination's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Destination.

Destination Implied Volatility

    
  231.85  
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.

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.

Moving together with Destination

0.71ADNTAdient Plc Fiscal Year End 9th of November 2022 PairCorr
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 Investing Opportunities. 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Destination Stock analysis

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.
Quarterly Earnings Growth YOY
0.43
Market Capitalization
262.5 M
Quarterly Revenue Growth YOY
0.14
Return On Assets
0.14
Return On Equity
1.58
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.