Digital Brands Group (Digital Brands Group) EBIT : $1.22 Mil (TTM As of Mar. 2024)

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What is Digital Brands Group EBIT?

Digital Brands Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-0.18 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $1.22 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Digital Brands Group's annualized ROC % for the quarter that ended in Mar. 2024 was -3.22%. Digital Brands Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -111.96%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Digital Brands Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.56%.

Digital Brands Group EBIT Historical Data

The historical data trend for Digital Brands Group's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Digital Brands Group EBIT Chart

Digital Brands Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

-4.88

-9.12

-29.79

-29.03

-2.80

Digital Brands Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial													-4.37	7.62	-3.48	-2.74	-0.18

Competitive Comparison of Digital Brands Group's EBIT

For the Apparel Retail subindustry, Digital Brands Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Digital Brands Group's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Digital Brands Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Digital Brands Group's EV-to-EBIT falls into.

Digital Brands Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.22 Mil.

Digital Brands Group (NAS:DBGI) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Digital Brands Group's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-0.9 * ( 1 - 0% )	/	( (28.397	+	27.477)	/ 2 )
=	-0.9	/	27.937
=	-3.22 %

where

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	25.336	-	14.594	-	( 0.021	-	max(0, 23.215	-	5.56	+	0.021	))
=	28.397

	Invested Capital		(Q: Mar. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	24.848	-	12.72	-	( 0.011	-	max(0, 21.351	-	6.002	+	0.011	))
=	27.477

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Digital Brands Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Mar. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.716	/	( ( (0.745 + max(-9.451, 0))	+	(0.534 + max(-7.993, 0)) )	/	2 )
=	-0.716	/	( ( 0.745	+	0.534 )	/	2 )
=	-0.716	/	0.6395
=	-111.96 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.117	+	4.85	+	0.276)	-	(14.594	+	0	+	0.099999999999998)
=	-9.451

	Working Capital		(Q: Mar. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.334	+	4.648	+	-0.156)	-	(12.72	+	0	+	0.098999999999997)
=	-7.993

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Digital Brands Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2024 )
	=	1.223	/	14.294
	=	8.56 %

Digital Brands Group EBIT Related Terms

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Digital Brands Group (Digital Brands Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Digital Brands Group Inc (NAS:DBGI) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

1400 Lavaca Street, Austin, TX, USA, 78701

Website

https://www.digitalbrandsgroup.co

Digital Brands Group Inc offers a variety of apparel through numerous brands on a both direct-to-consumer and wholesale basis. The company has expanded into an omnichannel brand offering the styles and content not only online but at selected wholesale and retail storefronts. Its brand portfolio consists of Bailey 44, DSTLD, Harper & Jones, Stateside, and Sundry.

Executives

Drew Jones	10 percent owner	2736 ROUTH STREET, DALLAS TX 75202
Huong Doan	director	1400 LAVACA STREET, AUSTIN TX 78701
Trevor Pettennude	director	1400 LAVACA STREET, AUSTIN TX 78701
Moise Emquies	director	1400 LAVACA STREET, AUSTIN TX 78701
Laura Dowling	officer: Chief Marketing Officer	1400 LAVACA STREET, AUSTIN TX 78701
Jameeka Aaron	director	1400 LAVACA STREET, AUSTIN TX 78701
Reid William Yeoman	officer: Chief Financial Officer	1400 LAVACA STREET, AUSTIN TX 78701
Mark Thomas Lynn	director	1400 LAVACA STREET, AUSTIN TX 78791
Davis John Hilburn Iv	officer: Pres., CEO	1400 LAVACA STREET, AUSTIN TX 78701