Abercrombie Net Income From Continuing Ops vs Gross Profit Analysis
ANF Stock | USD 150.17 4.29 2.94% |
Abercrombie Fitch financial indicator trend analysis is way more than just evaluating Abercrombie Fitch prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abercrombie Fitch is a good investment. Please check the relationship between Abercrombie Fitch Net Income From Continuing Ops and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abercrombie Fitch. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Abercrombie Stock please use our How to Invest in Abercrombie Fitch guide.
Net Income From Continuing Ops vs Gross Profit
Net Income From Continuing Ops vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abercrombie Fitch Net Income From Continuing Ops account and Gross Profit. At this time, the significance of the direction appears to have no relationship.
The correlation between Abercrombie Fitch's Net Income From Continuing Ops and Gross Profit is 0.06. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Abercrombie Fitch, assuming nothing else is changed. The correlation between historical values of Abercrombie Fitch's Net Income From Continuing Ops and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Abercrombie Fitch are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income From Continuing Ops i.e., Abercrombie Fitch's Net Income From Continuing Ops and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Income From Continuing Ops
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Abercrombie Fitch minus its cost of goods sold. It is profit before Abercrombie Fitch operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Abercrombie Fitch's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Abercrombie Fitch 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Abercrombie Fitch. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Abercrombie Stock please use our How to Invest in Abercrombie Fitch guide.At this time, Abercrombie Fitch's Tax Provision is most likely to increase significantly in the upcoming years. The Abercrombie Fitch's current Sales General And Administrative To Revenue is estimated to increase to 0.12, while Selling General Administrative is forecasted to increase to (134 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.3B | 2.1B | 2.6B | 1.9B | Total Revenue | 3.7B | 3.7B | 4.3B | 3.1B |
Abercrombie Fitch fundamental ratios Correlations
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Abercrombie Fitch Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Abercrombie Fitch fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.6B | 3.3B | 2.9B | 2.7B | 3.0B | 2.3B | |
Short Long Term Debt Total | 1.8B | 1.6B | 1.2B | 1.2B | 1.0B | 1.1B | |
Other Current Liab | 312.6M | 421.2M | 417.6M | 429.3M | 436.7M | 299.8M | |
Total Current Liabilities | 815.4M | 959.4M | 1.0B | 902.2M | 966.8M | 542.9M | |
Total Stockholder Equity | 1.1B | 936.6M | 826.1M | 694.8M | 1.0B | 1.2B | |
Property Plant And Equipment Net | 1.9B | 1.4B | 1.2B | 1.3B | 1.2B | 955.9M | |
Net Debt | 1.1B | 445.5M | 400.5M | 706.6M | 147.5M | 154.9M | |
Retained Earnings | 2.3B | 2.1B | 2.4B | 2.4B | 2.6B | 1.9B | |
Accounts Payable | 219.9M | 289.4M | 374.8M | 258.9M | 297.0M | 154.4M | |
Cash | 671.3M | 1.1B | 823.1M | 517.6M | 900.9M | 514.8M | |
Non Current Assets Total | 2.3B | 1.7B | 1.4B | 1.5B | 1.4B | 1.2B | |
Non Currrent Assets Other | 375.2M | 193.9M | 213.9M | 200.0M | 211.9M | 202.0M | |
Cash And Short Term Investments | 671.3M | 1.1B | 823.1M | 517.6M | 900.9M | 579.4M | |
Net Receivables | 80.3M | 83.9M | 69.1M | 104.5M | 78.3M | 60.2M | |
Common Stock Shares Outstanding | 65.8M | 62.6M | 62.6M | 52.3M | 52.7M | 67.0M | |
Liabilities And Stockholders Equity | 3.6B | 3.3B | 2.9B | 2.7B | 3.0B | 2.3B | |
Non Current Liabilities Total | 1.7B | 1.4B | 1.1B | 1.1B | 957.4M | 543.3M | |
Inventory | 434.3M | 404.1M | 525.9M | 505.6M | 469.5M | 359.9M | |
Other Current Assets | 78.9M | 68.9M | 89.7M | 100.3M | 88.6M | 75.6M | |
Other Stockholder Equity | (1.1B) | (1.1B) | (1.4B) | (1.5B) | (1.5B) | (1.4B) | |
Total Liab | 2.5B | 2.4B | 2.1B | 2.0B | 1.9B | 1.1B | |
Property Plant And Equipment Gross | 1.9B | 1.4B | 1.2B | 1.3B | 3.2B | 3.3B | |
Total Current Assets | 1.3B | 1.7B | 1.5B | 1.2B | 1.5B | 1.1B | |
Accumulated Other Comprehensive Income | (108.9M) | (102.3M) | (114.7M) | (137.5M) | (136.0M) | (142.8M) | |
Short Term Debt | 282.8M | 248.8M | 222.8M | 214.0M | 179.6M | 125.0M | |
Net Tangible Assets | 1.1B | 936.6M | 826.1M | 694.8M | 625.4M | 1.1B | |
Long Term Debt | 232.0M | 343.9M | 303.6M | 296.9M | 222.1M | 247.4M | |
Retained Earnings Total Equity | 2.3B | 2.1B | 2.4B | 2.4B | 2.1B | 1.9B | |
Long Term Debt Total | 232.0M | 343.9M | 303.6M | 296.9M | 341.4M | 247.7M | |
Capital Surpluse | 405.0M | 401.3M | 413.2M | 416.3M | 478.7M | 443.1M | |
Treasury Stock | (1.6B) | (1.5B) | (1.9B) | (2.0B) | (1.8B) | (1.8B) | |
Non Current Liabilities Other | 1.4B | 1.1B | 86.1M | 94.1M | 88.7M | 84.2M | |
Property Plant Equipment | 665.3M | 550.6M | 1.2B | 1.3B | 1.1B | 780.6M | |
Noncontrolling Interest In Consolidated Entity | 12.4M | 12.7M | 11.2M | 11.7M | 13.5M | 12.0M |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abercrombie Fitch. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Abercrombie Stock please use our How to Invest in Abercrombie Fitch guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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Is Abercrombie Fitch's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Abercrombie Fitch. If investors know Abercrombie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Abercrombie Fitch listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.99 | Earnings Share 6.22 | Revenue Per Share 85.188 | Quarterly Revenue Growth 0.211 | Return On Assets 0.1079 |
The market value of Abercrombie Fitch is measured differently than its book value, which is the value of Abercrombie that is recorded on the company's balance sheet. Investors also form their own opinion of Abercrombie Fitch's value that differs from its market value or its book value, called intrinsic value, which is Abercrombie Fitch's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Abercrombie Fitch's market value can be influenced by many factors that don't directly affect Abercrombie Fitch's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Abercrombie Fitch's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abercrombie Fitch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abercrombie Fitch's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.