Carters Reconciled Depreciation vs Net Income From Continuing Ops Analysis
CRI Stock | USD 69.78 0.66 0.95% |
Carters financial indicator trend analysis is way more than just evaluating Carters prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Carters is a good investment. Please check the relationship between Carters Reconciled Depreciation 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 Carters. 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 Carters Stock please use our How to Invest in Carters guide.
Reconciled Depreciation vs Net Income From Continuing Ops
Reconciled Depreciation 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 Carters Reconciled Depreciation account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have no relationship.
The correlation between Carters' Reconciled Depreciation and Net Income From Continuing Ops is 0.03. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Carters, assuming nothing else is changed. The correlation between historical values of Carters' Reconciled Depreciation 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 Reconciled Depreciation of Carters 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 Reconciled Depreciation i.e., Carters' Reconciled Depreciation and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Reconciled Depreciation
Net Income From Continuing Ops
Most indicators from Carters' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Carters 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 Carters. 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 Carters Stock please use our How to Invest in Carters guide.As of now, Carters' Enterprise Value Multiple is increasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.7B | 1.5B | 1.4B | 903.3M | Total Revenue | 3.5B | 3.2B | 2.9B | 2.2B |
Carters fundamental ratios Correlations
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Carters Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Carters fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.8B | 3.4B | 3.2B | 2.4B | 2.4B | 1.7B | |
Short Long Term Debt Total | 1.4B | 1.7B | 1.6B | 1.2B | 1.1B | 613.2M | |
Other Current Liab | 107.7M | 57.6M | 148.5M | 93.1M | 105.1M | 76.9M | |
Total Current Liabilities | 475.5M | 792.5M | 731.0M | 528.9M | 511.9M | 272.6M | |
Total Stockholder Equity | 880.1M | 938.0M | 950.2M | 796.4M | 845.3M | 634.7M | |
Property Plant And Equipment Net | 1.0B | 855.4M | 703.8M | 682.2M | 711.5M | 747.1M | |
Net Debt | 1.2B | 626.9M | 596.5M | 969.0M | 730.3M | 766.8M | |
Retained Earnings | 915.3M | 952.6M | 978.7M | 830.4M | 868.8M | 528.5M | |
Accounts Payable | 183.6M | 472.1M | 407.0M | 264.1M | 242.1M | 146.7M | |
Cash | 214.3M | 1.1B | 984.3M | 211.7M | 351.2M | 256.0M | |
Non Current Assets Total | 1.6B | 1.4B | 1.3B | 1.3B | 1.3B | 829.4M | |
Non Currrent Assets Other | 33.4M | 34.0M | 30.9M | (25.8M) | (28.9M) | (27.4M) | |
Cash And Short Term Investments | 214.3M | 1.1B | 984.3M | 211.7M | 351.2M | 256.0M | |
Net Receivables | 251.0M | 186.5M | 231.4M | 198.6M | 183.8M | 154.9M | |
Good Will | 229.0M | 211.8M | 212.0M | 209.3M | 210.5M | 185.3M | |
Common Stock Total Equity | 440K | 438K | 411K | 377K | 339.3K | 322.3K | |
Common Stock Shares Outstanding | 44.7M | 43.4M | 43.0M | 38.9M | 36.6M | 43.5M | |
Liabilities And Stockholders Equity | 2.8B | 3.4B | 3.2B | 2.4B | 2.4B | 1.7B | |
Non Current Liabilities Total | 1.4B | 1.7B | 1.5B | 1.1B | 1.0B | 747.8M | |
Inventory | 594.0M | 599.3M | 647.7M | 744.6M | 537.1M | 371.0M | |
Other Current Assets | 48.5M | 57.9M | 50.1M | 33.8M | 29.1M | 32.3M | |
Other Stockholder Equity | 366K | 17.8M | (28.9M) | (34.3M) | (30.9M) | (29.4M) | |
Total Liab | 1.9B | 2.5B | 2.3B | 1.6B | 1.5B | 1.0B | |
Property Plant And Equipment Gross | 1.0B | 855.4M | 703.8M | 189.8M | 1.3B | 1.4B | |
Total Current Assets | 1.1B | 1.9B | 1.9B | 1.2B | 1.1B | 825.7M | |
Short Term Debt | 160.2M | 185.2M | 147.5M | 142.4M | 135.4M | 129.6M | |
Intangible Assets | 375.8M | 345.4M | 341.6M | 329.0M | 325.4M | 318.2M | |
Common Stock | 440K | 438K | 411K | 377K | 366K | 347.7K | |
Accumulated Other Comprehensive Income | (35.6M) | (32.8M) | (28.9M) | (34.3M) | (23.9M) | (25.1M) | |
Other Liab | 138.4M | 118.0M | 87.4M | 76.0M | 87.4M | 113.3M | |
Other Assets | 13.7M | 13.8M | 13.4M | 30.5M | 35.1M | 36.9M | |
Long Term Debt | 594.7M | 989.5M | 991.4M | 616.6M | 497.4M | 509.3M | |
Property Plant Equipment | 320.2M | 262.3M | 216.0M | 682.2M | 784.5M | 823.7M | |
Current Deferred Revenue | 23.9M | 77.7M | 28.0M | 29.3M | 29.2M | 27.5M | |
Net Tangible Assets | 316.5M | 418.4M | 430.5M | 587.1M | 528.4M | 337.4M | |
Retained Earnings Total Equity | 915.3M | 952.6M | 978.7M | 830.4M | 954.9M | 890.3M | |
Long Term Debt Total | 594.7M | 989.5M | 991.4M | 616.6M | 709.1M | 697.6M | |
Deferred Long Term Liab | 87.3M | 74.4M | 52.8M | 40.9M | 36.8M | 63.8M | |
Non Current Liabilities Other | 728.4M | 619.7M | 488.3M | 34.8M | 33.9M | 32.2M |
Pair Trading with Carters
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 Carters 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 Carters will appreciate offsetting losses from the drop in the long position's value.Moving together with Carters Stock
0.84 | VNCE | Vince Holding Corp | PairCorr |
0.79 | VOXX | VOXX International Report 20th of May 2024 | PairCorr |
Moving against Carters Stock
0.7 | UEIC | Universal Electronics | PairCorr |
0.6 | MSN | Emerson Radio | PairCorr |
0.57 | SGC | Superior Uniform | PairCorr |
The ability to find closely correlated positions to Carters could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carters 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 Carters - 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 Carters to buy it.
The correlation of Carters 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 Carters moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carters 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 Carters 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 Carters. 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 Carters Stock please use our How to Invest in Carters guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Carters Stock analysis
When running Carters' price analysis, check to measure Carters' 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 Carters is operating at the current time. Most of Carters' value examination focuses on studying past and present price action to predict the probability of Carters' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carters' price. Additionally, you may evaluate how the addition of Carters to your portfolios can decrease your overall portfolio volatility.
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Is Carters' 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 Carters. If investors know Carters 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 Carters 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 0.095 | Dividend Share 3.05 | Earnings Share 6.33 | Revenue Per Share 80.245 | Quarterly Revenue Growth (0.05) |
The market value of Carters is measured differently than its book value, which is the value of Carters that is recorded on the company's balance sheet. Investors also form their own opinion of Carters' value that differs from its market value or its book value, called intrinsic value, which is Carters' 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 Carters' market value can be influenced by many factors that don't directly affect Carters' 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 Carters' value and its price as these two are different measures arrived at by different means. Investors typically determine if Carters is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carters' 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.