Macys Interest Income vs Cost Of Revenue Analysis
M Stock | USD 19.49 0.13 0.66% |
Macys financial indicator trend analysis is infinitely more than just investigating Macys Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Macys Inc is a good investment. Please check the relationship between Macys Interest Income and its Cost Of Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macys Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
Interest Income vs Cost Of Revenue
Interest Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Macys Inc Interest Income account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Macys' Interest Income and Cost Of Revenue is -0.13. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Macys Inc, assuming nothing else is changed. The correlation between historical values of Macys' Interest Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Macys Inc are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Interest Income i.e., Macys' Interest Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Cost Of Revenue
Cost of Revenue is found on Macys Inc income statement and represents the costs associated with goods and services Macys 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.Most indicators from Macys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Macys Inc 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 Macys Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. At this time, Macys' Enterprise Value Over EBITDA is very stable compared to the past year. As of the 20th of May 2024, Enterprise Value Multiple is likely to grow to 7.08, while Selling General Administrative is likely to drop about 7.8 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.3B | 10.0B | 9.7B | 9.2B | Total Revenue | 25.3B | 25.3B | 23.9B | 22.8B |
Macys fundamental ratios Correlations
Click cells to compare fundamentals
Macys Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Macys fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 21.2B | 17.7B | 17.6B | 16.9B | 17.4B | 20.2B | |
Short Long Term Debt Total | 7.1B | 8.0B | 6.8B | 6.4B | 6.3B | 7.0B | |
Other Current Liab | (758M) | (616M) | (806M) | (779M) | 1.2B | 1.2B | |
Total Current Liabilities | 5.8B | 5.4B | 5.4B | 4.9B | 4.4B | 5.1B | |
Total Stockholder Equity | 6.4B | 2.6B | 3.6B | 4.1B | 4.1B | 6.2B | |
Property Plant And Equipment Net | 9.3B | 8.8B | 8.5B | 8.6B | 7.6B | 8.3B | |
Net Debt | 6.4B | 6.4B | 5.1B | 5.5B | 5.3B | 5.9B | |
Retained Earnings | 8.0B | 3.9B | 5.3B | 6.3B | 6.2B | 4.5B | |
Accounts Payable | 5.1B | 4.9B | 5.3B | 4.8B | 2.5B | 3.8B | |
Cash | 685M | 1.7B | 1.7B | 862M | 1.0B | 1.1B | |
Non Current Assets Total | 14.4B | 11.5B | 10.8B | 11.0B | 11.3B | 12.5B | |
Non Currrent Assets Other | 714M | 1.4B | 1.1B | 210M | 1.6B | 1.7B | |
Cash And Short Term Investments | 685M | 1.7B | 1.7B | 862M | 1.0B | 1.1B | |
Net Receivables | 409M | 276M | 297M | 300M | 376M | 357.2M | |
Liabilities And Stockholders Equity | 21.2B | 17.7B | 17.6B | 16.9B | 17.4B | 20.2B | |
Non Current Liabilities Total | 9.0B | 9.8B | 8.6B | 7.9B | 8.9B | 9.0B | |
Inventory | 5.2B | 3.8B | 4.4B | 4.3B | 4.4B | 4.6B | |
Other Current Assets | 528M | 455M | 366M | 424M | 318M | 398.0M | |
Other Stockholder Equity | (620M) | (590M) | (1.0B) | (1.6B) | (1.6B) | (1.5B) | |
Total Liab | 14.8B | 15.2B | 14.0B | 12.8B | 13.3B | 14.0B | |
Property Plant And Equipment Gross | 9.3B | 8.8B | 8.5B | 8.6B | 11.9B | 8.4B | |
Total Current Assets | 6.8B | 6.2B | 6.8B | 5.9B | 6.1B | 7.7B | |
Accumulated Other Comprehensive Income | (995M) | (788M) | (622M) | (618M) | (496M) | (520.8M) | |
Short Term Debt | 539M | 452M | 433M | 438M | 358M | 495.3M | |
Intangible Assets | 439M | 437M | 435M | 432M | 430M | 538.2M | |
Other Liab | 2.5B | 2.2B | 2.2B | 2.0B | 2.3B | 2.0B | |
Other Assets | 72M | 1.4B | 1.1B | 1.2B | 1.3B | 1.4B | |
Long Term Debt | 3.6B | 4.4B | 3.3B | 3.0B | 3.0B | 4.5B | |
Treasury Stock | (1.3B) | (1.2B) | (1.2B) | (1.5B) | (1.8B) | (1.9B) | |
Property Plant Equipment | 6.6B | 8.8B | 8.5B | 8.6B | 9.9B | 8.9B | |
Current Deferred Revenue | 839M | 616M | 481M | 399M | 384M | 675.9M | |
Net Tangible Assets | 1.3B | 2.1B | 4.9B | 2.4B | 2.7B | 1.7B |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macys Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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When running Macys' price analysis, check to measure Macys' 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 Macys is operating at the current time. Most of Macys' value examination focuses on studying past and present price action to predict the probability of Macys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macys' price. Additionally, you may evaluate how the addition of Macys to your portfolios can decrease your overall portfolio volatility.
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Is Macys' 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 Macys. If investors know Macys 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 Macys 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 (0.61) | Dividend Share 0.662 | Earnings Share 0.38 | Revenue Per Share 87.039 | Quarterly Revenue Growth (0.02) |
The market value of Macys Inc is measured differently than its book value, which is the value of Macys that is recorded on the company's balance sheet. Investors also form their own opinion of Macys' value that differs from its market value or its book value, called intrinsic value, which is Macys' 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 Macys' market value can be influenced by many factors that don't directly affect Macys' 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 Macys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Macys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macys' 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.