Digital Total Revenue vs Ebit Per Revenue Analysis
DBGI Stock | USD 1.21 0.14 10.37% |
Digital Brands financial indicator trend analysis is much more than just examining Digital Brands Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digital Brands Group is a good investment. Please check the relationship between Digital Brands Total Revenue and its Ebit Per Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digital Brands Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Total Revenue vs Ebit Per Revenue
Total Revenue vs Ebit Per Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digital Brands Group Total Revenue account and Ebit Per Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Digital Brands' Total Revenue and Ebit Per Revenue is 0.23. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Ebit Per Revenue in the same time period over historical financial statements of Digital Brands Group, assuming nothing else is changed. The correlation between historical values of Digital Brands' Total Revenue and Ebit Per Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Digital Brands Group are associated (or correlated) with its Ebit Per Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit Per Revenue has no effect on the direction of Total Revenue i.e., Digital Brands' Total Revenue and Ebit Per Revenue go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Revenue
Total revenue comprises all receipts Digital Brands Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Ebit Per Revenue
Most indicators from Digital Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digital Brands Group 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 Digital Brands Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. The Digital Brands' current Tax Provision is estimated to increase to about 386.4 K, while Discontinued Operations is forecasted to increase to (9.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.9M | 5.9M | 6.5M | 3.8M | Total Revenue | 7.6M | 14.0M | 14.9M | 9.8M |
Digital Brands fundamental ratios Correlations
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Digital Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Currently Active Assets on Macroaxis
When determining whether Digital Brands Group is a strong investment it is important to analyze Digital Brands' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Digital Brands' future performance. For an informed investment choice regarding Digital Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digital Brands Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Specialty Retail space 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 Digital Brands. If investors know Digital 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 Digital Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (335.51) | Revenue Per Share 35.147 | Quarterly Revenue Growth (0.24) | Return On Assets (0.21) | Return On Equity (3.73) |
The market value of Digital Brands Group is measured differently than its book value, which is the value of Digital that is recorded on the company's balance sheet. Investors also form their own opinion of Digital Brands' value that differs from its market value or its book value, called intrinsic value, which is Digital 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 Digital Brands' market value can be influenced by many factors that don't directly affect Digital 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 Digital Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Digital Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digital 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.