Destination Financials

DXLG Stock  USD 2.32  0.26  10.08%   
Based on the analysis of Destination's profitability, liquidity, and operating efficiency, Destination XL Group is not in a good financial situation at the moment. It has a very high risk of going through financial straits in December. At this time, Destination's Net Debt is most likely to increase significantly in the upcoming years. The Destination's current Cash is estimated to increase to about 29 M, while Other Current Liabilities is projected to decrease to roughly 18.7 M. Key indicators impacting Destination's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.121.7051
Way Down
Slightly volatile
Investors should never underestimate Destination's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Destination's cash flow, debt, and profitability to make informed and accurate decisions about investing in Destination XL Group.

Net Income

29.25 Million

  
Understanding current and past Destination Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Destination's financial statements are interrelated, with each one affecting the others. For example, an increase in Destination's assets may result in an increase in income on the income statement.

Destination Stock Summary

Destination competes with Cato, Zumiez, Tillys, Duluth Holdings, and Lands End. Destination XL Group, Inc., together with its subsidiaries, operates as a specialty retailer of big and tall mens clothing and shoes in the United States and Canada. Destination XL Group, Inc. was incorporated in 1976 and is headquartered in Canton, Massachusetts. Destination operates under Apparel Retail classification in the United States and is traded on NASDAQ Exchange. It employs 1353 people.
Specialization
Consumer Discretionary, Consumer Discretionary Distribution & Retail
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS25065K1043
CUSIP25065K104 148711302 148711104 25057L102
LocationMassachusetts; U.S.A
Business Address555 Turnpike Street,
SectorSpecialty Retail
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.dxl.com
Phone781 828 9300
CurrencyUSD - US Dollar

Destination Key Financial Ratios

Destination Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets390.9M306.8M280.0M350.6M357.7M212.5M
Other Current Liab23.4M24.8M35.1M36.9M35.3M18.7M
Net Debt273.0M234.8M175.3M129.5M126.9M133.3M
Retained Earnings(156.1M)(220.6M)(163.9M)(74.8M)(46.9M)(49.2M)
Cash4.3M19.0M15.5M52.1M27.6M29.0M
Net Receivables6.2M6.4M2.1M1.7M3.9M3.1M
Inventory102.4M85.0M81.8M93.0M81.0M83.3M
Other Current Assets17.1M3.7M6.6M7.2M8.3M10.3M
Total Liab332.5M310.8M221.7M213.4M208.8M121.8M
Total Current Assets123.9M114.1M106.0M154.0M153.2M105.3M
Short Term Debt39.3M103.1M35.2M37.3M37.2M24.3M
Accounts Payable31.8M27.1M25.2M27.5M17.4M31.5M
Common Stock633K647K770K782K790K547.0K
Other Assets1.2M602K9.3M9.5M1.00.95
Other Liab5.3M5.1M5.9M4.7M5.4M5.1M
Long Term Debt10.7M14.8M14.8M14.9M13.4M12.7M
Net Tangible Assets57.3M(5.2M)57.1M136.1M122.5M68.9M

Destination Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue474.0M318.9M505.0M545.8M521.8M359.1M
Gross Profit204.2M104.9M249.8M272.6M238.6M144.8M
Operating Income(1.0M)(45.7M)62.0M58.6M41.9M44.0M
Ebit(1.0M)(60.5M)59.6M58.4M42.1M44.2M
Ebitda23.5M(39.0M)76.9M73.8M55.9M58.7M
Cost Of Revenue269.8M214.1M255.2M273.2M283.2M214.4M
Income Before Tax(7.7M)(64.4M)57.6M58.3M38.4M40.3M
Net Income(7.8M)(64.5M)56.7M89.1M27.9M29.2M
Income Tax Expense105K106K917K(30.8M)10.5M11.1M
Interest Expense3.3M3.9M4.4M251K288.7K274.2K
Tax Provision105K106K917K(30.8M)10.5M11.1M
Net Interest Income(3.3M)(3.9M)(4.4M)(251K)2.1M2.2M

Destination Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory4.4M17.4M3.3M(11.2M)12.0M12.6M
Change In Cash(530K)14.7M(3.5M)36.6M(24.5M)(23.3M)
Free Cash Flow2.4M(5.5M)70.3M50.3M32.2M33.8M
Depreciation24.6M21.5M17.2M15.4M13.8M15.4M
Other Non Cash Items139K146K(1.2M)(17K)5.8M5.1M
Capital Expenditures13.4M4.2M5.3M9.6M17.4M16.8M
Net Income(7.8M)(64.5M)56.7M89.1M27.9M29.2M
End Period Cash Flow4.3M19.0M15.5M52.1M27.6M29.0M
Change To Netincome3.6M16.7M(741K)(29.8M)(26.8M)(25.5M)
Net Borrowings(3.1M)(2.7M)20.2M(74.7M)(67.3M)(63.9M)
Investments(13.4M)(4.2M)(5.3M)(9.6M)(49.1M)(46.7M)

Destination Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Destination's current stock value. Our valuation model uses many indicators to compare Destination value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Destination competition to find correlations between indicators driving Destination's intrinsic value. More Info.
Destination XL Group is rated # 4 in return on equity category among its peers. It also is rated # 4 in return on asset category among its peers reporting about  0.36  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Destination XL Group is roughly  2.76 . At this time, Destination's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Destination by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Destination XL Group Systematic Risk

Destination's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Destination volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Destination XL Group correlated with the market. If Beta is less than 0 Destination generally moves in the opposite direction as compared to the market. If Destination Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Destination XL Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Destination is generally in the same direction as the market. If Beta > 1 Destination moves generally in the same direction as, but more than the movement of the benchmark.

Destination Thematic Clasifications

Destination XL Group is part of Retail investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Retail industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
RetailView
This theme covers USA Equities from Retail industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Destination Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Destination's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Destination growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.25

At this time, Destination's Price Earnings To Growth Ratio is most likely to increase slightly in the upcoming years.

Destination November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Destination help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Destination XL Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Destination XL Group based on widely used predictive technical indicators. In general, we focus on analyzing Destination Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Destination's daily price indicators and compare them against related drivers.

Complementary Tools for Destination Stock analysis

When running Destination's 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 the 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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