Capri Cost Of Revenue vs Income Tax Expense Analysis
CPRI Stock | USD 36.12 0.12 0.33% |
Capri Holdings financial indicator trend analysis is way more than just evaluating Capri Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Capri Holdings is a good investment. Please check the relationship between Capri Holdings Cost Of Revenue and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capri Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Capri Stock please use our How to Invest in Capri Holdings guide.
Cost Of Revenue vs Income Tax Expense
Cost Of Revenue vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Capri Holdings Cost Of Revenue account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Capri Holdings' Cost Of Revenue and Income Tax Expense is -0.04. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Capri Holdings, assuming nothing else is changed. The correlation between historical values of Capri Holdings' Cost Of Revenue and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Capri Holdings are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Cost Of Revenue i.e., Capri Holdings' Cost Of Revenue and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on Capri Holdings income statement and represents the costs associated with goods and services Capri Holdings provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Income Tax Expense
Most indicators from Capri Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Capri Holdings 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 Capri Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Capri Stock please use our How to Invest in Capri Holdings guide.As of now, Capri Holdings' Enterprise Value Over EBITDA is increasing as compared to previous years. The Capri Holdings' current Enterprise Value Multiple is estimated to increase to 14.51, while Selling General Administrative is projected to decrease to under 1.4 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.7B | 3.7B | 4.3B | 2.5B | Total Revenue | 5.7B | 5.6B | 6.5B | 4.1B |
Capri Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Capri Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Capri Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 150.7M | 150.5M | 152.5M | 134.0M | 120.6M | 138.4M | |
Total Assets | 7.9B | 7.5B | 7.5B | 7.3B | 8.4B | 4.2B | |
Other Current Liab | 365M | 527M | 551M | 509M | 585.4M | 614.6M | |
Total Current Liabilities | 1.4B | 1.6B | 1.6B | 1.5B | 1.7B | 843.8M | |
Total Stockholder Equity | 2.2B | 2.2B | 2.6B | 1.8B | 2.1B | 1.8B | |
Other Liab | 607M | 827M | 758M | 826M | 949.9M | 997.4M | |
Retained Earnings | 4.3B | 4.3B | 5.1B | 5.7B | 6.6B | 6.9B | |
Accounts Payable | 428M | 512M | 555M | 475M | 546.3M | 573.6M | |
Cash | 592M | 232M | 169M | 249M | 224.1M | 288.4M | |
Other Assets | 392M | 456M | 490M | 522M | 600.3M | 630.3M | |
Long Term Debt | 2.0B | 1.2B | 1.1B | 1.8B | 2.1B | 1.1B | |
Good Will | 1.5B | 1.5B | 1.4B | 1.3B | 1.5B | 1.6B | |
Inventory | 827M | 736M | 1.1B | 1.1B | 1.2B | 629.3M | |
Other Current Assets | 167M | 205M | 192M | 195M | 224.3M | 130.7M | |
Total Liab | 5.8B | 5.3B | 4.9B | 5.4B | 6.3B | 6.6B | |
Intangible Assets | 2.0B | 2.0B | 1.8B | 1.7B | 2.0B | 2.1B | |
Property Plant Equipment | 561M | 485M | 476M | 1.9B | 2.2B | 2.3B | |
Short Long Term Debt Total | 4.4B | 3.4B | 3.0B | 3.6B | 4.1B | 4.4B | |
Property Plant And Equipment Net | 2.2B | 2.0B | 1.8B | 1.9B | 2.2B | 2.3B | |
Net Debt | 3.8B | 3.2B | 2.9B | 3.4B | 3.9B | 4.1B | |
Non Current Assets Total | 6.1B | 5.9B | 5.6B | 5.4B | 6.2B | 6.6B | |
Non Currrent Assets Other | 164M | 175M | 206M | 225M | 258.8M | 271.7M | |
Cash And Short Term Investments | 592M | 232M | 169M | 249M | 224.1M | 310.2M | |
Net Receivables | 308M | 373M | 434M | 369M | 424.4M | 323.4M | |
Liabilities And Stockholders Equity | 7.9B | 7.5B | 7.5B | 7.3B | 8.4B | 4.5B | |
Non Current Liabilities Total | 4.4B | 3.7B | 3.4B | 4.0B | 4.6B | 4.8B | |
Other Stockholder Equity | (2.2B) | (2.2B) | (2.7B) | (4.0B) | (3.6B) | (3.4B) | |
Property Plant And Equipment Gross | 2.2B | 2.0B | 1.8B | 1.9B | 2.2B | 2.3B | |
Total Current Assets | 1.9B | 1.5B | 1.9B | 1.9B | 2.2B | 1.6B | |
Accumulated Other Comprehensive Income | 75M | 56M | 194M | 147M | 169.1M | 177.5M | |
Short Term Debt | 597M | 570M | 443M | 434M | 499.1M | 318.3M | |
Current Deferred Revenue | 11M | 12M | 17M | 32M | 28.8M | 17.6M | |
Net Tangible Assets | (1.3B) | (1.3B) | (706M) | (1.2B) | (1.1B) | (1.0B) | |
Retained Earnings Total Equity | 4.7B | 4.3B | 4.3B | 5.1B | 5.9B | 4.1B | |
Capital Surpluse | 1.0B | 1.1B | 1.2B | 1.3B | 1.4B | 964.7M | |
Deferred Long Term Liab | 465M | 397M | 432M | 6M | 6.9M | 6.6M | |
Non Current Liabilities Other | 1.9B | 2.1B | 1.8B | 318M | 365.7M | 347.4M | |
Treasury Stock | (3.2B) | (3.3B) | (3.3B) | (4.0B) | (3.6B) | (3.8B) |
Pair Trading with Capri Holdings
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 Capri Holdings 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 Capri Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Capri Stock
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Moving against Capri Stock
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The ability to find closely correlated positions to Capri Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capri Holdings 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 Capri Holdings - 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 Capri Holdings to buy it.
The correlation of Capri Holdings 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 Capri Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capri Holdings 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 Capri Holdings 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capri Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Capri Stock please use our How to Invest in Capri Holdings guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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When running Capri Holdings' price analysis, check to measure Capri Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Capri Holdings is operating at the current time. Most of Capri Holdings' value examination focuses on studying past and present price action to predict the probability of Capri Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capri Holdings' price. Additionally, you may evaluate how the addition of Capri Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Capri Holdings' 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 Capri Holdings. If investors know Capri 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 Capri Holdings 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 (0.49) | Earnings Share 1.92 | Revenue Per Share 44.552 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0361 |
The market value of Capri Holdings is measured differently than its book value, which is the value of Capri that is recorded on the company's balance sheet. Investors also form their own opinion of Capri Holdings' value that differs from its market value or its book value, called intrinsic value, which is Capri Holdings' 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 Capri Holdings' market value can be influenced by many factors that don't directly affect Capri Holdings' 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 Capri Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Capri Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capri Holdings' 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.