Lululemon Total Other Income Expense Net vs Gross Profit Analysis
| LULU Stock | USD 364.70 4.70 1.31% |
Lululemon Athletica financial indicator trend analysis is infinitely more than just investigating Lululemon Athletica recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lululemon Athletica is a good investment. Please check the relationship between Lululemon Athletica Total Other Income Expense Net and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lululemon Athletica. 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. For more information on how to buy Lululemon Stock please use our How to Invest in Lululemon Athletica guide.
Total Other Income Expense Net vs Gross Profit
Total Other Income Expense Net vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lululemon Athletica Total Other Income Expense Net account and Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lululemon Athletica's Total Other Income Expense Net and Gross Profit is -0.47. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Lululemon Athletica, assuming nothing else is changed. The correlation between historical values of Lululemon Athletica's Total Other Income Expense Net 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 Total Other Income Expense Net of Lululemon Athletica 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 Total Other Income Expense Net i.e., Lululemon Athletica's Total Other Income Expense Net and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.47 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Total Other Income Expense Net
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Lululemon Athletica minus its cost of goods sold. It is profit before Lululemon Athletica 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 Lululemon Athletica's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lululemon Athletica 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lululemon Athletica. 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. For more information on how to buy Lululemon Stock please use our How to Invest in Lululemon Athletica guide.At this time, Lululemon Athletica's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.32 in 2024, whereas Tax Provision is likely to drop slightly above 373.5 M in 2024.
| 2021 | 2023 | 2024 (projected) | Total Revenue | 6.3B | 9.6B | 10.1B | Interest Expense | 82.3M | 94.6M | 99.3M |
Lululemon Athletica fundamental ratios Correlations
Click cells to compare fundamentals
Lululemon Athletica Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lululemon Athletica fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Net Debt | (141.4M) | (351.8M) | (378.8M) | (84.5M) | (840.7M) | (798.6M) | |
| Other Assets | 87.6M | 113.4M | 138.2M | 47.7M | 1.0 | 0.95 | |
| Common Stock Total Equity | 621K | 626K | 616K | 611K | 702.7K | 577.9K | |
| Property Plant And Equipment Gross | 1.4B | 1.5B | 1.7B | 2.2B | 4.0B | 4.2B | |
| Intangible Assets | 241K | 80.1M | 71.3M | 22.0M | 25.3M | 15.1M | |
| Net Tangible Assets | 1.9B | 2.1B | 2.3B | 3.1B | 3.6B | 3.7B | |
| Retained Earnings Total Equity | 1.8B | 2.3B | 2.5B | 2.9B | 3.4B | 3.5B | |
| Capital Surpluse | 355.5M | 388.7M | 422.5M | 474.6M | 545.8M | 331.9M | |
| Non Current Liabilities Other | 665.3M | 9.0M | 743.7M | 911.0M | 29.2M | 27.7M | |
| Property Plant Equipment | 671.7M | 1.5B | 927.7M | 1.3B | 1.5B | 1.5B | |
| Deferred Long Term Liab | 43.4M | 58.8M | 53.4M | 55.1M | 63.3M | 66.5M | |
| Other Liab | 138.3M | 97.3M | 110.9M | 105.0M | 94.5M | 89.7M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lululemon Athletica. 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. For more information on how to buy Lululemon Stock please use our How to Invest in Lululemon Athletica guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Lululemon Stock analysis
When running Lululemon Athletica's price analysis, check to measure Lululemon Athletica's 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 Lululemon Athletica is operating at the current time. Most of Lululemon Athletica's value examination focuses on studying past and present price action to predict the probability of Lululemon Athletica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lululemon Athletica's price. Additionally, you may evaluate how the addition of Lululemon Athletica to your portfolios can decrease your overall portfolio volatility.
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |
Is Lululemon Athletica'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 Lululemon Athletica. If investors know Lululemon 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 Lululemon Athletica 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 4.639 | Earnings Share 12.21 | Revenue Per Share 75.906 | Quarterly Revenue Growth 0.156 | Return On Assets 0.2173 |
The market value of Lululemon Athletica is measured differently than its book value, which is the value of Lululemon that is recorded on the company's balance sheet. Investors also form their own opinion of Lululemon Athletica's value that differs from its market value or its book value, called intrinsic value, which is Lululemon Athletica'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 Lululemon Athletica's market value can be influenced by many factors that don't directly affect Lululemon Athletica'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 Lululemon Athletica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lululemon Athletica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lululemon Athletica'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.