Digital Brands Group Inc
Digital Brands Group, Inc. engages in the provision of apparel products under various brands on direct-to-consumer and wholesale basis. The company designs, manufactures, and sells apparel, such as tops, sweaters, dresses, jumpsuits, bottoms, sets, jackets, rompers, suiting, shirts, jackets, pants, shorts, T-shirts, skirts, athleisure bottoms, denims, and other accessory products, as well as suit… Read more
Digital Brands Group Inc (DBGIW) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -28.437x
Based on the latest financial reports, Digital Brands Group Inc (DBGIW) has a cash flow conversion efficiency ratio of -28.437x as of September 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-541.62K) by net assets ($19.05K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Digital Brands Group Inc - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Digital Brands Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Digital Brands Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Digital Brands Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
EUWAX Aktiengesellschaft
F:EUX
|
0.005x |
|
Many Peaks Minerals Ltd
AU:MPK
|
-0.042x |
|
NRX Pharmaceuticals Inc
NASDAQ:NRXP
|
0.112x |
|
Guler Yatirim Holding AS
IS:GLRYH
|
0.065x |
|
Lifevantage Corporation
NASDAQ:LFVN
|
0.085x |
|
Shougang Concord Century Holdings Limited
F:CW7
|
0.013x |
|
Vascon Engineers Limited
NSE:VASCONEQ
|
-0.065x |
|
Cementos Bio-B
SN:CEMENTOS
|
-0.003x |
Annual Cash Flow Conversion Efficiency for Digital Brands Group Inc (2019–2023)
The table below shows the annual cash flow conversion efficiency of Digital Brands Group Inc from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $1.60 Million | $-6.01 Million | -3.752x | -364.54% |
| 2022-12-31 | $-7.45 Million | $-10.57 Million | 1.418x | -29.28% |
| 2021-12-31 | $-7.09 Million | $-14.22 Million | 2.005x | +469.82% |
| 2020-12-31 | $-5.86 Million | $-2.06 Million | 0.352x | -34.96% |
| 2019-12-31 | $-7.15 Million | $-3.87 Million | 0.541x | -- |