Columbia Income Tax Expense vs Net Income From Continuing Ops Analysis

COLM Stock  USD 80.00  0.99  1.25%   
Columbia Sportswear financial indicator trend analysis is way more than just evaluating Columbia Sportswear prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Columbia Sportswear is a good investment. Please check the relationship between Columbia Sportswear Income Tax Expense and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia Sportswear. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Columbia Stock, please use our How to Invest in Columbia Sportswear guide.

Income Tax Expense vs Net Income From Continuing Ops

Income Tax Expense vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Columbia Sportswear Income Tax Expense account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Columbia Sportswear's Income Tax Expense and Net Income From Continuing Ops is 0.44. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Columbia Sportswear, assuming nothing else is changed. The correlation between historical values of Columbia Sportswear's Income Tax Expense and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Columbia Sportswear are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Tax Expense i.e., Columbia Sportswear's Income Tax Expense and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Income Tax Expense

Net Income From Continuing Ops

Most indicators from Columbia Sportswear's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Columbia Sportswear 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 Columbia Sportswear. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Columbia Stock, please use our How to Invest in Columbia Sportswear guide.At this time, Columbia Sportswear's Selling General Administrative is very stable compared to the past year. As of the 27th of April 2024, Enterprise Value is likely to grow to about 5.7 B, while Tax Provision is likely to drop about 65.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.6B1.7B1.7B878.7M
Total Revenue3.1B3.5B3.5B1.9B

Columbia Sportswear fundamental ratios Correlations

0.710.860.970.980.8-0.140.990.90.780.870.750.850.940.210.740.890.56-0.270.850.350.990.680.43-0.690.3
0.710.890.760.640.750.120.660.590.550.780.760.690.63-0.250.80.580.30.070.860.550.710.970.12-0.570.32
0.860.890.870.820.860.020.830.750.690.920.840.80.82-0.040.840.690.46-0.110.940.560.850.860.32-0.730.45
0.970.760.870.930.76-0.070.940.920.70.830.730.780.940.130.730.910.61-0.310.860.280.970.730.37-0.660.39
0.980.640.820.930.72-0.271.00.930.790.820.70.860.940.340.640.860.57-0.250.780.320.990.590.53-0.710.29
0.80.750.860.760.720.310.730.570.570.960.90.60.74-0.260.970.70.420.030.960.720.750.750.12-0.680.07
-0.140.120.02-0.07-0.270.31-0.23-0.32-0.580.140.34-0.43-0.14-0.870.380.090.020.460.250.52-0.190.2-0.58-0.05-0.23
0.990.660.830.941.00.73-0.230.930.780.820.70.860.940.310.650.880.55-0.260.790.320.990.610.51-0.710.3
0.90.590.750.920.930.57-0.320.930.690.70.560.740.920.40.480.870.63-0.340.690.120.930.550.57-0.620.37
0.780.550.690.70.790.57-0.580.780.690.680.450.870.690.440.530.490.25-0.460.60.110.760.50.55-0.430.29
0.870.780.920.830.820.960.140.820.70.680.880.70.8-0.120.930.750.37-0.040.970.660.820.780.36-0.670.16
0.750.760.840.730.70.90.340.70.560.450.880.580.71-0.350.890.730.440.110.920.720.740.780.07-0.710.17
0.850.690.80.780.860.6-0.430.860.740.870.70.580.70.320.570.560.32-0.250.670.320.860.660.45-0.520.44
0.940.630.820.940.940.74-0.140.940.920.690.80.710.70.30.650.890.72-0.30.790.250.950.560.41-0.820.3
0.21-0.25-0.040.130.34-0.26-0.870.310.40.44-0.12-0.350.320.3-0.40.050.22-0.42-0.25-0.480.24-0.380.6-0.150.13
0.740.80.840.730.640.970.380.650.480.530.930.890.570.65-0.40.650.310.020.960.70.690.820.04-0.570.11
0.890.580.690.910.860.70.090.880.870.490.750.730.560.890.050.650.64-0.190.770.270.90.580.31-0.640.15
0.560.30.460.610.570.420.020.550.630.250.370.440.320.720.220.310.64-0.130.450.080.620.260.0-0.620.19
-0.270.07-0.11-0.31-0.250.030.46-0.26-0.34-0.46-0.040.11-0.25-0.3-0.420.02-0.19-0.13-0.040.64-0.260.08-0.240.01-0.58
0.850.860.940.860.780.960.250.790.690.60.970.920.670.79-0.250.960.770.45-0.040.640.820.870.18-0.670.23
0.350.550.560.280.320.720.520.320.120.110.660.720.320.25-0.480.70.270.080.640.640.320.57-0.02-0.46-0.2
0.990.710.850.970.990.75-0.190.990.930.760.820.740.860.950.240.690.90.62-0.260.820.320.670.42-0.720.34
0.680.970.860.730.590.750.20.610.550.50.780.780.660.56-0.380.820.580.260.080.870.570.670.06-0.440.32
0.430.120.320.370.530.12-0.580.510.570.550.360.070.450.410.60.040.310.0-0.240.18-0.020.420.06-0.20.12
-0.69-0.57-0.73-0.66-0.71-0.68-0.05-0.71-0.62-0.43-0.67-0.71-0.52-0.82-0.15-0.57-0.64-0.620.01-0.67-0.46-0.72-0.44-0.2-0.24
0.30.320.450.390.290.07-0.230.30.370.290.160.170.440.30.130.110.150.19-0.580.23-0.20.340.320.12-0.24
Click cells to compare fundamentals

Columbia Sportswear Account Relationship Matchups

Columbia Sportswear fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B2.8B3.1B3.1B2.9B1.6B
Other Current Liab311.5M280.5M329.6M253.4M272.1M285.7M
Total Current Liabilities630.9M552.6M680.4M738.7M596.6M330.7M
Total Stockholder Equity1.8B1.8B2.0B1.9B1.9B1.2B
Property Plant And Equipment Net741.2M649.0M622.0M615.6M644.6M676.8M
Net Debt(250.5M)(372.1M)(378.3M)(50.9M)57.5M60.4M
Retained Earnings1.8B1.8B2.0B2.0B2.0B1.1B
Accounts Payable255.4M206.7M283.3M322.5M235.9M159.6M
Cash686.0M790.7M763.4M430.2M350.3M341.2M
Non Current Assets Total1.1B981.0M953.1M914.6M924.3M970.5M
Non Currrent Assets Other39.5M62.5M58.3M64.4M66.6M69.9M
Cash And Short Term Investments687.7M791.9M894.5M431.0M764.5M412.2M
Net Receivables488.2M452.9M487.8M547.6M423.1M332.9M
Common Stock Shares Outstanding68.5M66.8M66.4M63.0M61.4M57.0M
Liabilities And Stockholders Equity2.9B2.8B3.1B3.1B2.9B1.6B
Non Current Liabilities Total451.2M451.2M397.5M377.0M403.8M424.0M
Inventory606.0M556.5M645.4M1.0B746.3M376.4M
Other Current Assets93.9M54.2M86.3M129.9M80.8M59.2M
Other Stockholder Equity(4.4M)806K(240.9M)(30.6M)176.7M185.5M
Total Liab1.1B1.0B1.1B1.1B1.0B1.1B
Property Plant And Equipment Gross741.2M649.0M291.1M291.2M1.3B1.4B
Total Current Assets1.9B1.9B2.1B2.1B2.0B1.2B
Accumulated Other Comprehensive Income(4.4M)806K(4.4M)(30.6M)(45.8M)(43.5M)
Intangible Assets123.6M103.6M101.9M81.6M79.9M74.0M
Common Stock4.9M20.2M2.0B12.7M14.6M13.9M
Other Assets122.5M499.0M160.6M145.2M167.0M175.4M
Property Plant Equipment346.7M309.8M622.0M291.2M334.9M269.8M
Short Term Investments1.7M1.2M131.1M722K414.2M434.9M
Other Liab79.7M98.0M79.8M66.4M76.4M64.3M
Net Tangible Assets1.7B1.7B1.8B1.9B2.2B1.6B
Retained Earnings Total Equity1.8B1.8B2.0B2.0B2.2B1.6B
Deferred Long Term Liab168K9.5M5.2M143K164.5K156.2K

Columbia Sportswear Investors Sentiment

The influence of Columbia Sportswear's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Columbia. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Columbia Sportswear's public news can be used to forecast risks associated with an investment in Columbia. The trend in average sentiment can be used to explain how an investor holding Columbia can time the market purely based on public headlines and social activities around Columbia Sportswear. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Columbia Sportswear's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Columbia Sportswear's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Columbia Sportswear's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Columbia Sportswear.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Columbia Sportswear in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Columbia Sportswear's short interest history, or implied volatility extrapolated from Columbia Sportswear options trading.

Pair Trading with Columbia Sportswear

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Columbia Sportswear position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Columbia Sportswear will appreciate offsetting losses from the drop in the long position's value.

Moving together with Columbia Stock

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Moving against Columbia Stock

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The ability to find closely correlated positions to Columbia Sportswear could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbia Sportswear when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Columbia Sportswear - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Columbia Sportswear to buy it.
The correlation of Columbia Sportswear is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Columbia Sportswear moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbia Sportswear moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Columbia Sportswear can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Columbia Sportswear is a strong investment it is important to analyze Columbia Sportswear's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Columbia Sportswear's future performance. For an informed investment choice regarding Columbia Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Columbia Sportswear. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in Columbia Stock, please use our How to Invest in Columbia Sportswear guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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Is Columbia Sportswear'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 Columbia Sportswear. If investors know Columbia 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 Columbia Sportswear 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
(0.24)
Dividend Share
1.2
Earnings Share
4.09
Revenue Per Share
56.951
Quarterly Revenue Growth
(0.09)
The market value of Columbia Sportswear is measured differently than its book value, which is the value of Columbia that is recorded on the company's balance sheet. Investors also form their own opinion of Columbia Sportswear's value that differs from its market value or its book value, called intrinsic value, which is Columbia Sportswear'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 Columbia Sportswear's market value can be influenced by many factors that don't directly affect Columbia Sportswear'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 Columbia Sportswear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Sportswear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Sportswear'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.