Ross Treasury Stock vs Total Stockholder Equity 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 Treasury Stock and its Total Stockholder Equity 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.
Treasury Stock vs Total Stockholder Equity
Treasury Stock vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ross Stores Treasury Stock account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ross Stores' Treasury Stock and Total Stockholder Equity is 0.58. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Total Stockholder Equity 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' Treasury Stock and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Ross Stores are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Treasury Stock i.e., Ross Stores' Treasury Stock and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Treasury Stock
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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 Profit | 5.2B | 4.7B | 5.6B | 5.9B | Total Revenue | 18.9B | 18.7B | 20.4B | 21.4B |
Ross Stores fundamental ratios Correlations
Click cells to compare fundamentals
Ross Stores Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ross Stores fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.3B | 12.7B | 13.6B | 13.4B | 14.3B | 15.0B | |
Short Long Term Debt Total | 3.5B | 5.7B | 5.6B | 5.7B | 5.7B | 6.0B | |
Other Current Liab | 841.0M | 1.0B | 1.2B | 970.3M | 1.2B | 1.3B | |
Total Current Liabilities | 2.7B | 4.0B | 4.2B | 3.6B | 4.2B | 4.4B | |
Total Stockholder Equity | 3.4B | 3.3B | 4.1B | 4.3B | 4.9B | 5.1B | |
Property Plant And Equipment Net | 5.7B | 5.8B | 5.9B | 6.3B | 6.7B | 7.0B | |
Net Debt | 2.1B | 913.5M | 699.8M | 1.2B | 860.8M | 903.8M | |
Retained Earnings | 2.3B | 2.2B | 2.9B | 3.0B | 3.5B | 3.7B | |
Cash | 1.4B | 4.8B | 4.9B | 4.6B | 4.9B | 5.1B | |
Non Current Assets Total | 5.9B | 6.0B | 6.2B | 6.5B | 6.9B | 7.2B | |
Non Currrent Assets Other | (149.5B) | (121.6B) | (137.4B) | (216.8B) | 194.7M | 204.5M | |
Cash And Short Term Investments | 1.4B | 4.8B | 4.9B | 4.6B | 4.9B | 5.1B | |
Net Receivables | 102.2M | 115.1M | 119.2M | 145.7M | 130.8M | 137.3M | |
Common Stock Shares Outstanding | 361.2M | 354.6M | 353.7M | 345.2M | 337.4M | 477.1M | |
Liabilities And Stockholders Equity | 9.3B | 12.7B | 13.6B | 13.4B | 14.3B | 15.0B | |
Non Current Liabilities Total | 3.3B | 5.5B | 5.4B | 5.5B | 5.2B | 5.5B | |
Inventory | 1.8B | 1.5B | 2.3B | 2.0B | 2.2B | 2.3B | |
Other Current Assets | 147.0M | 249.1M | 169.3M | 183.7M | 188.2M | 197.6M | |
Other Stockholder Equity | 1.0B | 1.1B | 1.2B | 1.2B | 1.3B | 1.4B | |
Total Liab | 6.0B | 9.4B | 9.6B | 9.1B | 9.4B | 9.9B | |
Total Current Assets | 3.4B | 6.7B | 7.5B | 6.9B | 7.4B | 7.8B | |
Accounts Payable | 1.3B | 2.3B | 2.4B | 2.0B | 2.0B | 2.1B | |
Common Stock | 3.6M | 3.6M | 3.5M | 3.4M | 3.4M | 2.2M | |
Current Deferred Revenue | 85.8B | 124.3B | 149.7B | 76.4M | 87.8M | 83.4M | |
Other Liab | 363.8M | 390.4M | 373.7M | 441.2M | 507.3M | 443.3M | |
Net Tangible Assets | 3.4B | 3.3B | 4.1B | 6.9B | 7.9B | 4.6B | |
Other Assets | 208.3M | 230.1M | 241.3M | 232.1M | 266.9M | 243.4M | |
Long Term Debt | 312.9M | 2.4B | 2.5B | 2.5B | 2.2B | 1.9B | |
Net Invested Capital | 3.7B | 5.8B | 6.5B | 2.5B | 7.3B | 5.4B | |
Capital Stock | 3.6M | 3.6M | 3.5M | 3.4M | 3.4M | 2.8M | |
Non Current Liabilities Other | 6.7M | 7.2M | 6.8M | 224.1M | 10.8M | 10.2M | |
Net Working Capital | 730.9M | 2.7B | 3.3B | 3.3B | 3.2B | 2.7B | |
Property Plant Equipment | 5.7B | 5.8B | 5.9B | 3.2B | 3.7B | 5.1B |
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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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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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.