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DXLG (Destination XL Group) Return-on-Tangible-Equity : -4.81% (As of Oct. 2024)


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What is Destination XL Group Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Destination XL Group's annualized net income for the quarter that ended in Oct. 2024 was $-7.2 Mil. Destination XL Group's average shareholder tangible equity for the quarter that ended in Oct. 2024 was $150.1 Mil. Therefore, Destination XL Group's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2024 was -4.81%.

The historical rank and industry rank for Destination XL Group's Return-on-Tangible-Equity or its related term are showing as below:

DXLG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -248   Med: -11.3   Max: 218.79
Current: 6.4

During the past 13 years, Destination XL Group's highest Return-on-Tangible-Equity was 218.79%. The lowest was -248.00%. And the median was -11.30%.

DXLG's Return-on-Tangible-Equity is ranked worse than
52.75% of 1037 companies
in the Retail - Cyclical industry
Industry Median: 7.09 vs DXLG: 6.40

Destination XL Group Return-on-Tangible-Equity Historical Data

The historical data trend for Destination XL Group's Return-on-Tangible-Equity 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.

Destination XL Group Return-on-Tangible-Equity Chart

Destination XL Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.59 -248.00 218.79 92.29 19.62

Destination XL Group Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Return-on-Tangible-Equity 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 Premium Member Only Premium Member Only 10.77 14.08 10.11 6.19 -4.81

Competitive Comparison of Destination XL Group's Return-on-Tangible-Equity

For the Apparel Retail subindustry, Destination XL Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Destination XL Group's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Destination XL Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Destination XL Group's Return-on-Tangible-Equity falls into.



Destination XL Group Return-on-Tangible-Equity Calculation

Destination XL Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=27.854/( (136.078+147.803 )/ 2 )
=27.854/141.9405
=19.62 %

Destination XL Group's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Oct. 2024 )  (Q: Jul. 2024 )(Q: Oct. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Oct. 2024 )  (Q: Jul. 2024 )(Q: Oct. 2024 )
=-7.22/( (155.804+144.306)/ 2 )
=-7.22/150.055
=-4.81 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Oct. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Destination XL Group  (NAS:DXLG) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Destination XL Group Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Destination XL Group's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Destination XL Group Business Description

Traded in Other Exchanges
N/A
Address
555 Turnpike Street, Canton, MA, USA, 02021
Destination XL Group Inc is a retailer of branded and Tall men's clothing and shoes in the United States. It also sells products across the world. The company sells its products under the trade names Destination XL, DXL, DXL Men's Apparel, DXL outlets, Casual Male XL, and Casual Male XL outlets.
Executives
Robert S Molloy officer: Vice President,General Counsel C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Jack Boyle director C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Anthony Gaeta officer: SVP, Store Sales & Operations 555 TURNPIKE STREET, CANTON MA 02021
Allison Surette officer: SVP, GMM C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Dara Pauker officer: Chief Operating Officer C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
John F Cooney officer: Chief Accounting Officer C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Stacey Jones officer: Chief Human Resources Officer C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Ivy Ross director C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Francis C Chane officer: VP, Distribution & Logistics C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Stratton Peter H Jr. officer: SVP Finance,Controller,CAO C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Ujjwal Dhoot officer: Chief Digital Officer C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
James Reath officer: Chief Marketing Officer C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Carmen Bauza director 2400 WEST CENTRAL ROAD, HOFFMAN ESTATES IL 60192
Willem Mesdag director C/O RED MOUNTAIN CAPITAL MANAGEMENT INC., 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067