Digital Income Before Tax from 2010 to 2024

DBGIW Stock  USD 16.60  0.38  2.24%   
Digital Brands Income Before Tax yearly trend continues to be fairly stable with very little volatility. Income Before Tax will likely drop to about -8.7 M in 2024. During the period from 2010 to 2024, Digital Brands Income Before Tax regression line of quarterly data had r-squared of  0.25 and coefficient of variation of (100.60). View All Fundamentals
 
Income Before Tax  
First Reported
2010-12-31
Previous Quarter
-8.3 M
Current Value
-8.7 M
Quarterly Volatility
10.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Digital Brands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Digital Brands' main balance sheet or income statement drivers, such as Tax Provision of 386.4 K, Depreciation And Amortization of 3.4 M or Interest Expense of 4.5 M, as well as many indicators such as Price To Sales Ratio of 0.0884, Dividend Yield of 0.0 or PTB Ratio of 0.91. Digital financial statements analysis is a perfect complement when working with Digital Brands Valuation or Volatility modules.
  
Check out the analysis of Digital Brands Correlation against competitors.

Latest Digital Brands' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Digital Brands Group over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Digital Brands income statement and is an important metric when analyzing Digital Brands Group profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Digital Brands' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Digital Brands' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Digital Income Before Tax Regression Statistics

Arithmetic Mean(10,386,456)
Coefficient Of Variation(100.60)
Mean Deviation6,807,563
Median(5,653,173)
Standard Deviation10,448,416
Sample Variance109.2T
Range32.4M
R-Value(0.50)
Mean Square Error88.4T
R-Squared0.25
Significance0.06
Slope(1,163,894)
Total Sum of Squares1528.4T

Digital Income Before Tax History

2024-8.7 M
2023-8.3 M
2022-38 M
2021-33.5 M
2020-10.7 M

About Digital Brands Financial Statements

Digital Brands investors use historical fundamental indicators, such as Digital Brands' Income Before Tax, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Digital Brands. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax-8.3 M-8.7 M

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Additional Tools for Digital Stock Analysis

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