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Digital Brands Group (Digital Brands Group) Gross-Profit-to-Asset % : 27.44% (As of Mar. 2024)


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What is Digital Brands Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Digital Brands Group's annualized Gross Profit for the quarter that ended in Mar. 2024 was $6.88 Mil. Digital Brands Group's average Total Assets over the quarter that ended in Mar. 2024 was $25.09 Mil. Therefore, Digital Brands Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 27.44%.


Digital Brands Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Digital Brands Group's Gross-Profit-to-Asset % 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.

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Digital Brands Group Gross-Profit-to-Asset % Chart

Digital Brands Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
109.83 6.28 7.07 16.92 22.16

Digital Brands Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.16 30.80 24.64 7.70 27.44

Competitive Comparison of Digital Brands Group's Gross-Profit-to-Asset %

For the Apparel Retail subindustry, Digital Brands Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Digital Brands Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Digital Brands Group's Gross-Profit-to-Asset % falls into.



Digital Brands Group Gross-Profit-to-Asset % Calculation

Digital Brands Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=6.544/( (33.738+25.336)/ 2 )
=6.544/29.537
=22.16 %

Digital Brands Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=6.884/( (25.336+24.848)/ 2 )
=6.884/25.092
=27.44 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Digital Brands Group Gross-Profit-to-Asset % Related Terms

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Digital Brands Group (Digital Brands Group) Business Description

Traded in Other Exchanges
N/A
Address
1400 Lavaca Street, Austin, TX, USA, 78701
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