Digital Return On Tangible Assets from 2010 to 2024

DBGIW Stock  USD 12.21  2.84  18.87%   
Digital Brands Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to -1.69 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
(1.61)
Current Value
(1.69)
Quarterly Volatility
2.09850028
 
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' Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Digital Brands Group over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Digital Brands' Return On Tangible Assets 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.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Digital Return On Tangible Assets Regression Statistics

Arithmetic Mean(4.44)
Coefficient Of Variation(47.28)
Mean Deviation1.85
Median(4.51)
Standard Deviation2.10
Sample Variance4.40
Range4.9944
R-Value0.56
Mean Square Error3.24
R-Squared0.32
Significance0.03
Slope0.26
Total Sum of Squares61.65

Digital Return On Tangible Assets History

2024 -1.69
2023 -1.61
2022 -5.88
2021 -6.02
2020 -4.51
2019 -4.42
2018 -2.1

About Digital Brands Financial Statements

Digital Brands investors use historical fundamental indicators, such as Digital Brands' Return On Tangible Assets, 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
Return On Tangible Assets(1.61)(1.69)

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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.