Ross Other Stockholder Equity vs Total Assets Analysis

ROST Stock  USD 131.58  0.90  0.68%   
Ross Stores financial indicator trend analysis is much more than just breaking down Ross Stores prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ross Stores is a good investment. Please check the relationship between Ross Stores Other Stockholder Equity and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ross Stores. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Ross Stock please use our How to Invest in Ross Stores guide.

Other Stockholder Equity vs Total Assets

Other Stockholder Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ross Stores Other Stockholder Equity account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ross Stores' Other Stockholder Equity and Total Assets is 0.88. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Assets in the same time period over historical financial statements of Ross Stores, assuming nothing else is changed. The correlation between historical values of Ross Stores' Other Stockholder Equity and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Ross Stores are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Stockholder Equity i.e., Ross Stores' Other Stockholder Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Other Stockholder Equity

Total Assets

Total assets refers to the total amount of Ross Stores assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ross Stores books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Ross Stores' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ross Stores 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ross Stores. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Ross Stock please use our How to Invest in Ross Stores guide.Selling General Administrative is likely to gain to about 3.4 B in 2024, whereas Tax Provision is likely to drop slightly above 476 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.2B4.7B5.6B5.9B
Total Revenue18.9B18.7B20.4B21.4B

Ross Stores fundamental ratios Correlations

0.970.940.990.930.980.690.930.970.98-0.570.970.94-0.580.970.860.90.880.990.990.93-0.650.970.44-0.32-0.56
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0.980.960.90.970.910.790.920.921.0-0.620.920.93-0.570.970.850.880.860.980.940.92-0.630.930.44-0.24-0.54
0.690.80.470.640.50.790.520.60.78-0.720.60.55-0.210.780.420.520.420.740.590.67-0.210.580.07-0.24-0.31
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-0.58-0.41-0.72-0.61-0.69-0.57-0.21-0.64-0.46-0.580.42-0.46-0.75-0.46-0.78-0.73-0.8-0.52-0.56-0.430.55-0.66-0.88-0.24-0.06
0.971.00.840.960.830.970.780.830.970.96-0.660.970.86-0.460.740.850.770.990.960.9-0.50.940.31-0.43-0.5
0.860.720.950.880.960.850.420.950.760.85-0.390.760.94-0.780.740.810.970.80.850.78-0.80.850.660.01-0.48
0.90.830.910.920.860.880.520.840.860.88-0.510.860.92-0.730.850.810.890.880.890.82-0.670.940.61-0.17-0.39
0.880.740.970.90.970.860.420.940.790.87-0.380.790.97-0.80.770.970.890.820.870.79-0.850.880.67-0.04-0.51
0.990.990.90.980.870.980.740.870.980.98-0.620.980.9-0.520.990.80.880.820.980.91-0.570.960.37-0.4-0.52
0.990.950.940.990.920.940.590.920.990.94-0.520.990.93-0.560.960.850.890.870.980.91-0.640.970.43-0.39-0.55
0.930.90.850.910.880.920.670.890.890.92-0.440.890.86-0.430.90.780.820.790.910.91-0.60.850.3-0.31-0.65
-0.65-0.49-0.8-0.68-0.78-0.63-0.21-0.75-0.55-0.63-0.03-0.55-0.730.55-0.5-0.8-0.67-0.85-0.57-0.64-0.6-0.62-0.40.040.72
0.970.920.940.980.890.930.580.880.950.93-0.60.950.93-0.660.940.850.940.880.960.970.85-0.620.52-0.3-0.41
0.440.270.580.460.590.440.070.550.330.44-0.330.330.62-0.880.310.660.610.670.370.430.3-0.40.520.430.13
-0.32-0.45-0.18-0.32-0.09-0.24-0.24-0.1-0.49-0.240.16-0.49-0.12-0.24-0.430.01-0.17-0.04-0.4-0.39-0.310.04-0.30.430.32
-0.56-0.52-0.55-0.55-0.6-0.54-0.31-0.62-0.55-0.54-0.22-0.55-0.46-0.06-0.5-0.48-0.39-0.51-0.52-0.55-0.650.72-0.410.130.32
Click cells to compare fundamentals

Ross Stores Account Relationship Matchups

Ross Stores fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.3B12.7B13.6B13.4B14.3B15.0B
Short Long Term Debt Total3.5B5.7B5.6B5.7B5.7B6.0B
Other Current Liab841.0M1.0B1.2B970.3M1.2B1.3B
Total Current Liabilities2.7B4.0B4.2B3.6B4.2B4.4B
Total Stockholder Equity3.4B3.3B4.1B4.3B4.9B5.1B
Property Plant And Equipment Net5.7B5.8B5.9B6.3B6.7B7.0B
Net Debt2.1B913.5M699.8M1.2B860.8M903.8M
Retained Earnings2.3B2.2B2.9B3.0B3.5B3.7B
Cash1.4B4.8B4.9B4.6B4.9B5.1B
Non Current Assets Total5.9B6.0B6.2B6.5B6.9B7.2B
Non Currrent Assets Other(149.5B)(121.6B)(137.4B)(216.8B)194.7M204.5M
Cash And Short Term Investments1.4B4.8B4.9B4.6B4.9B5.1B
Net Receivables102.2M115.1M119.2M145.7M130.8M137.3M
Common Stock Shares Outstanding361.2M354.6M353.7M345.2M337.4M477.1M
Liabilities And Stockholders Equity9.3B12.7B13.6B13.4B14.3B15.0B
Non Current Liabilities Total3.3B5.5B5.4B5.5B5.2B5.5B
Inventory1.8B1.5B2.3B2.0B2.2B2.3B
Other Current Assets147.0M249.1M169.3M183.7M188.2M197.6M
Other Stockholder Equity1.0B1.1B1.2B1.2B1.3B1.4B
Total Liab6.0B9.4B9.6B9.1B9.4B9.9B
Total Current Assets3.4B6.7B7.5B6.9B7.4B7.8B
Accounts Payable1.3B2.3B2.4B2.0B2.0B2.1B
Common Stock3.6M3.6M3.5M3.4M3.4M2.2M
Current Deferred Revenue85.8B124.3B149.7B76.4M87.8M83.4M
Other Liab363.8M390.4M373.7M441.2M507.3M443.3M
Net Tangible Assets3.4B3.3B4.1B6.9B7.9B4.6B
Other Assets208.3M230.1M241.3M232.1M266.9M243.4M
Long Term Debt312.9M2.4B2.5B2.5B2.2B1.9B
Net Invested Capital3.7B5.8B6.5B2.5B7.3B5.4B
Capital Stock3.6M3.6M3.5M3.4M3.4M2.8M
Non Current Liabilities Other6.7M7.2M6.8M224.1M10.8M10.2M
Net Working Capital730.9M2.7B3.3B3.3B3.2B2.7B
Property Plant Equipment5.7B5.8B5.9B3.2B3.7B5.1B

Ross Stores Investors Sentiment

The influence of Ross Stores' 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 Ross. 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 Ross Stores' public news can be used to forecast risks associated with an investment in Ross. The trend in average sentiment can be used to explain how an investor holding Ross can time the market purely based on public headlines and social activities around Ross Stores. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ross Stores' 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 Ross Stores' 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 Ross Stores' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Ross Stores.

Ross Stores Implied Volatility

    
  29.7  
Ross Stores' implied volatility exposes the market's sentiment of Ross Stores stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Ross Stores' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Ross Stores stock will not fluctuate a lot when Ross Stores' options are near their expiration.
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 Ross Stores 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, Ross Stores' short interest history, or implied volatility extrapolated from Ross Stores options trading.

Currently Active Assets on Macroaxis

When determining whether Ross Stores is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ross Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ross Stores Stock. Highlighted below are key reports to facilitate an investment decision about Ross Stores Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ross Stores. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Ross Stock please use our How to Invest in Ross Stores guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running Ross Stores' price analysis, check to measure Ross Stores' 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 Ross Stores is operating at the current time. Most of Ross Stores' value examination focuses on studying past and present price action to predict the probability of Ross Stores' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ross Stores' price. Additionally, you may evaluate how the addition of Ross Stores to your portfolios can decrease your overall portfolio volatility.
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Is Ross Stores' 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 Ross Stores. If investors know Ross 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 Ross Stores 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
0.401
Dividend Share
1.34
Earnings Share
5.56
Revenue Per Share
60.793
Quarterly Revenue Growth
0.155
The market value of Ross Stores is measured differently than its book value, which is the value of Ross that is recorded on the company's balance sheet. Investors also form their own opinion of Ross Stores' value that differs from its market value or its book value, called intrinsic value, which is Ross Stores' 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 Ross Stores' market value can be influenced by many factors that don't directly affect Ross Stores' 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 Ross Stores' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ross Stores is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ross Stores' 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.