Macy#39;s Depreciation vs Free Cash Flow Analysis

0JXD Stock

14.61 0.15 1.02%

Macy#39;s financial indicator trend analysis is infinitely more than just investigating Macy#39;s recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Macy#39;s is a good investment. Please check the relationship between Macy#39;s Depreciation and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Macy Inc. 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.

Depreciation vs Free Cash Flow

Depreciation vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Macy#39;s Depreciation account and Free Cash Flow. At this time, the significance of the direction appears to have weak relationship.

The correlation between Macy#39;s' Depreciation and Free Cash Flow is 0.38. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Macy Inc, assuming nothing else is changed. The correlation between historical values of Macy#39;s' Depreciation and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Macy Inc are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Depreciation i.e., Macy#39;s' Depreciation and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.38

Relationship Direction	Positive
Relationship Strength	Very Weak

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Depreciation

Depreciation indicates how much of Macy#39; s value has been used up. For tax purposes Macy#39; s can deduct the cost of the tangible assets it purchases as business expenses. However, Macy Inc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Macy#39;s' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Macy#39;s 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 Macy Inc. 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.

Selling General Administrative is likely to drop to about 6.7 B in 2025. Tax Provision is likely to gain to about (548.1 M) in 2025

	2014	2020	2024	2025 (projected)
Total Revenue	25.3B	23.9B	27.4B	22.9B
Depreciation And Amortization	981M	897M	1.0B	942.6M

Total Revenue Depreciation And Amortization

Macy#39;s fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Current Deferred Revenue	Good Will
Total Assets		0.88	0.74	0.97	0.87	0.72	0.3	0.62	0.11	0.36	0.94	-0.21	0.36	-0.43	0.22	0.93	0.91	0.77	-0.02	0.98	0.66	0.32	-0.14	0.57	0.75	0.92
Short Long Term Debt Total	0.88		0.81	0.93	0.61	0.76	0.31	0.7	0.39	0.43	0.86	-0.45	0.43	-0.59	-0.06	0.97	0.94	0.63	-0.24	0.94	0.63	0.06	0.14	0.69	0.48	0.74
Other Current Liab	0.74	0.81		0.78	0.47	0.45	-0.15	0.7	-0.07	0.73	0.66	0.02	0.73	-0.82	-0.1	0.9	0.92	0.59	-0.41	0.86	0.62	-0.35	-0.19	0.85	0.17	0.65
Total Current Liabilities	0.97	0.93	0.78		0.84	0.81	0.37	0.76	0.22	0.32	0.97	-0.19	0.32	-0.53	0.07	0.95	0.95	0.78	-0.13	0.98	0.57	0.28	-0.17	0.54	0.65	0.93
Total Stockholder Equity	0.87	0.61	0.47	0.84		0.61	0.33	0.48	-0.09	0.13	0.84	0.09	0.13	-0.1	0.46	0.67	0.71	0.65	0.29	0.79	0.49	0.62	-0.44	0.21	0.89	0.96
Property Plant And Equipment Net	0.72	0.76	0.45	0.81	0.61		0.81	0.85	0.66	-0.22	0.9	-0.26	-0.22	-0.51	-0.35	0.67	0.67	0.84	-0.4	0.72	0.04	0.47	-0.1	0.1	0.43	0.71
Net Debt	0.3	0.31	-0.15	0.37	0.33	0.81		0.48	0.8	-0.72	0.56	-0.32	-0.72	-0.06	-0.38	0.15	0.13	0.56	-0.22	0.23	-0.37	0.71	0.05	-0.43	0.33	0.33
Retained Earnings	0.62	0.7	0.7	0.76	0.48	0.85	0.48		0.4	0.05	0.78	0.11	0.05	-0.8	-0.5	0.68	0.75	0.82	-0.64	0.71	0.0	0.08	-0.38	0.26	0.1	0.67
Accounts Payable	0.11	0.39	-0.07	0.22	-0.09	0.66	0.8	0.4		-0.48	0.33	-0.67	-0.48	-0.2	-0.61	0.17	0.11	0.26	-0.42	0.13	-0.28	0.24	0.51	-0.15	-0.04	-0.01
Cash	0.36	0.43	0.73	0.32	0.13	-0.22	-0.72	0.05	-0.48		0.09	-0.02	1.0	-0.37	0.32	0.56	0.56	-0.07	0.04	0.46	0.81	-0.64	0.05	0.91	0.04	0.22
Non Current Assets Total	0.94	0.86	0.66	0.97	0.84	0.9	0.56	0.78	0.33	0.09		-0.18	0.09	-0.51	-0.03	0.86	0.85	0.89	-0.2	0.92	0.39	0.43	-0.2	0.36	0.66	0.91
Non Currrent Assets Other	-0.21	-0.45	0.02	-0.19	0.09	-0.26	-0.32	0.11	-0.67	-0.02	-0.18		-0.02	-0.07	0.06	-0.29	-0.14	0.07	-0.04	-0.19	-0.35	-0.04	-0.92	-0.29	-0.21	0.09
Cash And Short Term Investments	0.36	0.43	0.73	0.32	0.13	-0.22	-0.72	0.05	-0.48	1.0	0.09	-0.02		-0.37	0.32	0.56	0.56	-0.07	0.04	0.46	0.81	-0.64	0.05	0.91	0.04	0.22
Net Receivables	-0.43	-0.59	-0.82	-0.53	-0.1	-0.51	-0.06	-0.8	-0.2	-0.37	-0.51	-0.07	-0.37		0.64	-0.63	-0.64	-0.66	0.86	-0.59	-0.11	0.46	0.15	-0.58	0.27	-0.33
Common Stock Shares Outstanding	0.22	-0.06	-0.1	0.07	0.46	-0.35	-0.38	-0.5	-0.61	0.32	-0.03	0.06	0.32	0.64		0.04	0.05	-0.3	0.93	0.09	0.59	0.33	-0.11	0.1	0.68	0.28
Non Current Liabilities Total	0.93	0.97	0.9	0.95	0.67	0.67	0.15	0.68	0.17	0.56	0.86	-0.29	0.56	-0.63	0.04		0.98	0.67	-0.22	0.98	0.72	-0.01	0.01	0.78	0.49	0.79
Inventory	0.91	0.94	0.92	0.95	0.71	0.67	0.13	0.75	0.11	0.56	0.85	-0.14	0.56	-0.64	0.05	0.98		0.66	-0.2	0.97	0.66	0.01	-0.16	0.72	0.48	0.85
Other Current Assets	0.77	0.63	0.59	0.78	0.65	0.84	0.56	0.82	0.26	-0.07	0.89	0.07	-0.07	-0.66	-0.3	0.67	0.66		-0.49	0.76	0.08	0.33	-0.36	0.22	0.38	0.74
Other Stockholder Equity	-0.02	-0.24	-0.41	-0.13	0.29	-0.4	-0.22	-0.64	-0.42	0.04	-0.2	-0.04	0.04	0.86	0.93	-0.22	-0.2	-0.49		-0.17	0.36	0.45	0.01	-0.19	0.59	0.08
Total Liab	0.98	0.94	0.86	0.98	0.79	0.72	0.23	0.71	0.13	0.46	0.92	-0.19	0.46	-0.59	0.09	0.98	0.97	0.76	-0.17		0.66	0.14	-0.13	0.68	0.6	0.88
Total Current Assets	0.66	0.63	0.62	0.57	0.49	0.04	-0.37	0.0	-0.28	0.81	0.39	-0.35	0.81	-0.11	0.59	0.72	0.66	0.08	0.36	0.66		-0.15	0.22	0.83	0.56	0.49
Short Term Debt	0.32	0.06	-0.35	0.28	0.62	0.47	0.71	0.08	0.24	-0.64	0.43	-0.04	-0.64	0.46	0.33	-0.01	0.01	0.33	0.45	0.14	-0.15		-0.23	-0.56	0.73	0.47
Intangible Assets	-0.14	0.14	-0.19	-0.17	-0.44	-0.1	0.05	-0.38	0.51	0.05	-0.2	-0.92	0.05	0.15	-0.11	0.01	-0.16	-0.36	0.01	-0.13	0.22	-0.23		0.24	-0.11	-0.46
Common Stock	0.57	0.69	0.85	0.54	0.21	0.1	-0.43	0.26	-0.15	0.91	0.36	-0.29	0.91	-0.58	0.1	0.78	0.72	0.22	-0.19	0.68	0.83	-0.56	0.24		0.11	0.33
Current Deferred Revenue	0.75	0.48	0.17	0.65	0.89	0.43	0.33	0.1	-0.04	0.04	0.66	-0.21	0.04	0.27	0.68	0.49	0.48	0.38	0.59	0.6	0.56	0.73	-0.11	0.11		0.76
Good Will	0.92	0.74	0.65	0.93	0.96	0.71	0.33	0.67	-0.01	0.22	0.91	0.09	0.22	-0.33	0.28	0.79	0.85	0.74	0.08	0.88	0.49	0.47	-0.46	0.33	0.76

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Macy#39;s Account Relationship Matchups

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Macy#39;s Depreciation vs Free Cash Flow Analysis

Depreciation vs Free Cash Flow

Depreciation vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Depreciation

Free Cash Flow

Macy#39;s fundamental ratios Correlations

Macy#39;s Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Macy#39;s Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities
Inventory	+ 0.98	Non Current Liabilities Total
Total Liab	+ 0.98	Non Current Liabilities Total
Total Current Liabilities	+ 0.97	Total Assets

Intangible Assets	- 0.92	Non Currrent Assets Other
Net Receivables	- 0.82	Other Current Liab
Net Receivables	- 0.8	Retained Earnings
Cash And Short Term Investments	- 0.72	Net Debt
Cash	- 0.72	Net Debt
Non Currrent Assets Other	- 0.67	Accounts Payable