Digital Total Liab vs Capital Stock Analysis

DBGIW Stock  USD 15.05  1.55  9.34%   
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 Liab and its Capital Stock 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 gross domestic product.

Total Liab vs Capital Stock

Total Liab vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digital Brands Group Total Liab account and Capital Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Digital Brands' Total Liab and Capital Stock is -0.73. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Capital Stock 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 Liab and Capital Stock 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 Liab of Digital Brands Group are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Total Liab i.e., Digital Brands' Total Liab and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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 gross domestic product.
Tax Provision is likely to climb to about 386.4 K in 2024, whereas Selling General Administrative is likely to drop slightly above 13.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense3.7M9.0M5.5M4.5M
Depreciation And Amortization1.2M2.2M3.2M3.4M

Digital Brands fundamental ratios Correlations

0.930.930.980.460.530.520.92-0.870.970.681.00.740.430.680.460.50.860.840.870.990.950.270.920.91-0.77
0.930.830.920.290.320.321.0-0.660.870.70.950.880.60.70.260.640.620.690.630.950.930.180.970.74-0.52
0.930.830.960.250.380.350.82-0.80.850.770.910.650.380.770.280.450.840.960.790.960.77-0.050.850.94-0.8
0.980.920.960.380.460.440.91-0.850.950.780.970.710.370.780.380.430.860.910.840.990.90.180.950.94-0.75
0.460.290.250.380.980.990.31-0.750.58-0.180.46-0.06-0.24-0.180.99-0.150.590.230.680.350.550.740.310.44-0.64
0.530.320.380.460.981.00.33-0.830.63-0.090.51-0.06-0.26-0.090.99-0.160.690.370.750.420.560.650.350.56-0.76
0.520.320.350.440.991.00.34-0.810.61-0.140.51-0.04-0.21-0.141.0-0.110.660.330.730.410.570.650.330.52-0.74
0.921.00.820.910.310.330.34-0.660.860.670.940.890.630.670.280.670.60.670.620.940.930.190.950.72-0.52
-0.87-0.66-0.8-0.85-0.75-0.83-0.81-0.66-0.92-0.44-0.84-0.320.01-0.44-0.77-0.09-0.96-0.8-0.97-0.81-0.8-0.46-0.72-0.920.92
0.970.870.850.950.580.630.610.86-0.920.660.950.620.240.660.560.310.90.80.920.930.950.480.910.92-0.74
0.680.70.770.78-0.18-0.09-0.140.67-0.440.660.660.630.271.0-0.20.260.570.790.490.740.56-0.070.80.73-0.3
1.00.950.910.970.460.510.510.94-0.840.950.660.780.490.660.450.560.820.80.830.980.970.280.920.88-0.74
0.740.880.650.71-0.06-0.06-0.040.89-0.320.620.630.780.870.63-0.10.870.320.450.350.780.770.00.780.46-0.22
0.430.60.380.37-0.24-0.26-0.210.630.010.240.270.490.870.27-0.270.99-0.020.140.020.490.47-0.270.40.1-0.05
0.680.70.770.78-0.18-0.09-0.140.67-0.440.661.00.660.630.27-0.20.260.570.790.490.740.56-0.070.80.73-0.3
0.460.260.280.380.990.991.00.28-0.770.56-0.20.45-0.1-0.27-0.2-0.160.610.270.690.350.520.670.280.46-0.7
0.50.640.450.43-0.15-0.16-0.110.67-0.090.310.260.560.870.990.26-0.160.070.20.120.550.53-0.250.440.18-0.16
0.860.620.840.860.590.690.660.6-0.960.90.570.820.32-0.020.570.610.070.880.980.80.750.360.690.97-0.9
0.840.690.960.910.230.370.330.67-0.80.80.790.80.450.140.790.270.20.880.80.860.64-0.050.770.96-0.8
0.870.630.790.840.680.750.730.62-0.970.920.490.830.350.020.490.690.120.980.80.790.810.490.680.93-0.88
0.990.950.960.990.350.420.410.94-0.810.930.740.980.780.490.740.350.550.80.860.790.910.140.940.9-0.73
0.950.930.770.90.550.560.570.93-0.80.950.560.970.770.470.560.520.530.750.640.810.910.480.90.78-0.63
0.270.18-0.050.180.740.650.650.19-0.460.48-0.070.280.0-0.27-0.070.67-0.250.36-0.050.490.140.480.250.22-0.15
0.920.970.850.950.310.350.330.95-0.720.910.80.920.780.40.80.280.440.690.770.680.940.90.250.81-0.52
0.910.740.940.940.440.560.520.72-0.920.920.730.880.460.10.730.460.180.970.960.930.90.780.220.81-0.85
-0.77-0.52-0.8-0.75-0.64-0.76-0.74-0.520.92-0.74-0.3-0.74-0.22-0.05-0.3-0.7-0.16-0.9-0.8-0.88-0.73-0.63-0.15-0.52-0.85
Click cells to compare fundamentals

Digital Brands Account Relationship Matchups

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