Bath Change To Inventory vs Change To Liabilities Analysis

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Bath Body financial indicator trend analysis is way more than just evaluating Bath Body Works prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bath Body Works is a good investment. Please check the relationship between Bath Body Change To Inventory and its Change To Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bath Body Works. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change To Inventory vs Change To Liabilities

Change To Inventory vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bath Body Works Change To Inventory account and Change To Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Bath Body's Change To Inventory and Change To Liabilities is 0.29. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Bath Body Works, assuming nothing else is changed. The correlation between historical values of Bath Body's Change To Inventory and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Bath Body Works are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Change To Inventory i.e., Bath Body's Change To Inventory and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Change To Liabilities

Most indicators from Bath Body's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bath Body Works 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Bath Body Works. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to gain to about 256.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 564.3 M in 2024.
 2014 2020 2023 2024 (projected)
Gross Profit4.7B3.3B3.2B3.6B
Total Revenue12.9B7.6B7.4B8.4B

Bath Body fundamental ratios Correlations

0.210.990.130.920.83-0.20.90.390.990.050.810.390.98-0.220.580.880.910.310.70.910.850.80.520.850.97
0.210.290.99-0.16-0.370.910.530.540.070.820.590.530.080.890.84-0.230.590.94-0.53-0.130.670.740.85-0.32-0.02
0.990.290.210.880.77-0.110.940.410.970.080.820.410.97-0.120.660.830.940.40.630.870.890.850.610.790.94
0.130.990.21-0.24-0.440.940.460.44-0.010.820.540.440.010.910.82-0.320.520.94-0.59-0.220.610.680.83-0.4-0.1
0.92-0.160.88-0.240.97-0.540.670.260.97-0.180.630.260.93-0.570.220.990.68-0.080.920.990.590.520.160.980.99
0.83-0.370.77-0.440.97-0.710.530.060.9-0.390.450.060.88-0.720.060.970.52-0.250.970.940.410.330.00.990.93
-0.20.91-0.110.94-0.54-0.710.190.31-0.330.750.240.3-0.30.980.64-0.610.230.84-0.82-0.520.330.420.67-0.67-0.41
0.90.530.940.460.670.530.190.480.830.190.780.470.850.20.850.610.980.670.340.670.980.950.820.550.77
0.390.540.410.440.260.060.310.480.310.520.531.00.190.360.360.310.490.360.020.40.60.620.320.220.28
0.990.070.97-0.010.970.9-0.330.830.31-0.040.760.310.98-0.360.460.930.840.180.790.950.760.70.410.911.0
0.050.820.080.82-0.18-0.390.750.190.52-0.040.610.52-0.10.660.46-0.240.330.59-0.43-0.150.390.470.46-0.31-0.1
0.810.590.820.540.630.450.240.780.530.760.610.530.720.150.690.560.880.540.340.630.850.860.640.50.72
0.390.530.410.440.260.060.30.471.00.310.520.530.180.360.350.310.480.350.020.40.60.610.310.210.28
0.980.080.970.010.930.88-0.30.850.190.98-0.10.720.18-0.330.520.870.850.240.750.890.760.70.470.860.97
-0.220.89-0.120.91-0.57-0.720.980.20.36-0.360.660.150.36-0.330.62-0.610.210.83-0.84-0.520.330.410.66-0.68-0.44
0.580.840.660.820.220.060.640.850.360.460.460.690.350.520.620.120.860.95-0.170.210.890.911.00.060.38
0.88-0.230.83-0.320.990.97-0.610.610.310.93-0.240.560.310.87-0.610.120.6-0.170.940.990.530.450.060.990.96
0.910.590.940.520.680.520.230.980.490.840.330.880.480.850.210.860.60.680.330.670.980.970.830.540.78
0.310.940.40.94-0.08-0.250.840.670.360.180.590.540.350.240.830.95-0.170.68-0.46-0.080.740.790.97-0.240.08
0.7-0.530.63-0.590.920.97-0.820.340.020.79-0.430.340.020.75-0.84-0.170.940.33-0.460.890.220.14-0.220.970.85
0.91-0.130.87-0.220.990.94-0.520.670.40.95-0.150.630.40.89-0.520.210.990.67-0.080.890.610.540.140.980.97
0.850.670.890.610.590.410.330.980.60.760.390.850.60.760.330.890.530.980.740.220.611.00.850.460.7
0.80.740.850.680.520.330.420.950.620.70.470.860.610.70.410.910.450.970.790.140.541.00.880.380.64
0.520.850.610.830.160.00.670.820.320.410.460.640.310.470.661.00.060.830.97-0.220.140.850.880.00.32
0.85-0.320.79-0.40.980.99-0.670.550.220.91-0.310.50.210.86-0.680.060.990.54-0.240.970.980.460.380.00.94
0.97-0.020.94-0.10.990.93-0.410.770.281.0-0.10.720.280.97-0.440.380.960.780.080.850.970.70.640.320.94
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Bath Body Account Relationship Matchups

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