Ross Property Plant Equipment vs Retained Earnings Analysis

ROST Stock  USD 133.48  1.39  1.03%   
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 Property Plant Equipment and its Retained Earnings 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.

Property Plant Equipment vs Retained Earnings

Property Plant Equipment vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ross Stores Property Plant Equipment account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ross Stores' Property Plant Equipment and Retained Earnings is 0.58. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Retained Earnings 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' Property Plant Equipment and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Ross Stores are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant Equipment i.e., Ross Stores' Property Plant Equipment and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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

0.970.940.990.930.980.690.930.970.98-0.570.970.94-0.580.970.860.90.880.990.990.93-0.650.970.44-0.32-0.48
0.970.830.950.810.960.80.820.960.96-0.640.960.84-0.411.00.720.830.740.990.950.9-0.490.920.27-0.45-0.28
0.940.830.960.960.90.470.940.880.91-0.380.880.95-0.720.840.950.910.970.90.940.85-0.80.940.58-0.18-0.69
0.990.950.960.930.970.640.920.960.97-0.530.960.94-0.610.960.880.920.90.980.990.91-0.680.980.46-0.32-0.53
0.930.810.960.930.910.51.00.850.92-0.390.850.97-0.690.830.960.860.970.870.920.88-0.780.890.59-0.09-0.63
0.980.960.90.970.910.790.920.921.0-0.620.920.93-0.570.970.850.880.860.980.940.92-0.630.930.44-0.24-0.46
0.690.80.470.640.50.790.520.60.78-0.720.60.55-0.210.780.420.520.420.740.590.67-0.210.580.07-0.24-0.05
0.930.820.940.921.00.920.520.860.92-0.390.860.96-0.640.830.950.840.940.870.920.89-0.750.880.55-0.1-0.57
0.970.960.880.960.850.920.60.860.92-0.521.00.87-0.460.970.760.860.790.980.990.89-0.550.950.33-0.49-0.35
0.980.960.910.970.921.00.780.920.92-0.610.920.93-0.580.960.850.880.870.980.940.92-0.630.930.44-0.24-0.47
-0.57-0.64-0.38-0.53-0.39-0.62-0.72-0.39-0.52-0.61-0.52-0.550.42-0.66-0.39-0.51-0.38-0.62-0.52-0.44-0.03-0.6-0.330.160.19
0.970.960.880.960.850.920.60.861.00.92-0.520.87-0.460.970.760.860.790.980.990.89-0.550.950.33-0.49-0.35
0.940.840.950.940.970.930.550.960.870.93-0.550.87-0.750.860.940.920.970.90.930.86-0.730.930.62-0.12-0.67
-0.58-0.41-0.72-0.61-0.69-0.57-0.21-0.64-0.46-0.580.42-0.46-0.75-0.46-0.78-0.73-0.8-0.52-0.56-0.430.55-0.66-0.88-0.240.89
0.971.00.840.960.830.970.780.830.970.96-0.660.970.86-0.460.740.850.770.990.960.9-0.50.940.31-0.43-0.32
0.860.720.950.880.960.850.420.950.760.85-0.390.760.94-0.780.740.810.970.80.850.78-0.80.850.660.01-0.75
0.90.830.910.920.860.880.520.840.860.88-0.510.860.92-0.730.850.810.890.880.890.82-0.670.940.61-0.17-0.65
0.880.740.970.90.970.860.420.940.790.87-0.380.790.97-0.80.770.970.890.820.870.79-0.850.880.67-0.04-0.79
0.990.990.90.980.870.980.740.870.980.98-0.620.980.9-0.520.990.80.880.820.980.91-0.570.960.37-0.4-0.4
0.990.950.940.990.920.940.590.920.990.94-0.520.990.93-0.560.960.850.890.870.980.91-0.640.970.43-0.39-0.47
0.930.90.850.910.880.920.670.890.890.92-0.440.890.86-0.430.90.780.820.790.910.91-0.60.850.3-0.31-0.33
-0.65-0.49-0.8-0.68-0.78-0.63-0.21-0.75-0.55-0.63-0.03-0.55-0.730.55-0.5-0.8-0.67-0.85-0.57-0.64-0.6-0.62-0.40.040.76
0.970.920.940.980.890.930.580.880.950.93-0.60.950.93-0.660.940.850.940.880.960.970.85-0.620.52-0.3-0.56
0.440.270.580.460.590.440.070.550.330.44-0.330.330.62-0.880.310.660.610.670.370.430.3-0.40.520.43-0.75
-0.32-0.45-0.18-0.32-0.09-0.24-0.24-0.1-0.49-0.240.16-0.49-0.12-0.24-0.430.01-0.17-0.04-0.4-0.39-0.310.04-0.30.43-0.26
-0.48-0.28-0.69-0.53-0.63-0.46-0.05-0.57-0.35-0.470.19-0.35-0.670.89-0.32-0.75-0.65-0.79-0.4-0.47-0.330.76-0.56-0.75-0.26
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

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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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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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
5.57
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.