Digital Tax Provision from 2010 to 2024

DBGIW Stock  USD 12.21  2.84  18.87%   
Digital Brands Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision is likely to outpace its year average in 2024. Tax Provision is the amount set aside by Digital Brands Group to cover any estimated taxes for the current period. It reflects Digital Brands' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2010-12-31
Previous Quarter
368 K
Current Value
386.4 K
Quarterly Volatility
326 K
 
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' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Digital Brands Group over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Digital Brands' Tax Provision 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.
Tax Provision10 Years Trend
Very volatile
   Tax Provision   
       Timeline  

Digital Tax Provision Regression Statistics

Arithmetic Mean(21,601)
Geometric Mean0.00
Coefficient Of Variation(1,509)
Mean Deviation143,803
Median800.00
Standard Deviation326,041
Sample Variance106.3B
Range1.5M
R-Value0.03
Mean Square Error114.4B
R-Squared0.0007
Significance0.93
Slope1,906
Total Sum of Squares1.5T

Digital Tax Provision History

2024386.4 K
2023368 K
2022null
2021-1.1 M
202013.6 K

About Digital Brands Financial Statements

Digital Brands investors use historical fundamental indicators, such as Digital Brands' Tax Provision, 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
Tax Provision368 K386.4 K

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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.