PVH Total Current Assets vs Depreciation And Amortization Analysis
0KEQ Stock | 111.61 2.82 2.59% |
PVH Corp financial indicator trend analysis is much more than just breaking down PVH Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PVH Corp is a good investment. Please check the relationship between PVH Corp Total Current Assets and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PVH Corp. 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. For more information on how to buy PVH Stock please use our How to Invest in PVH Corp guide.
Total Current Assets vs Depreciation And Amortization
Total Current Assets vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PVH Corp Total Current Assets account and Depreciation And Amortization. At this time, the significance of the direction appears to have totally related.
The correlation between PVH Corp's Total Current Assets and Depreciation And Amortization is 0.99. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of PVH Corp, assuming nothing else is changed. The correlation between historical values of PVH Corp's Total Current Assets and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of PVH Corp are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Current Assets i.e., PVH Corp's Total Current Assets and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Most indicators from PVH Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PVH Corp 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 PVH Corp. 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. For more information on how to buy PVH Stock please use our How to Invest in PVH Corp guide.Selling General Administrative is likely to drop to about 3.9 B in 2024. Tax Provision is likely to gain to about (47.5 M) in 2024
2015 | 2020 | 2023 | 2024 (projected) | Total Revenue | 9.9B | 9.2B | 10.6B | 11.1B | Depreciation And Amortization | 323.8M | 298.6M | 343.4M | 360.6M |
PVH Corp fundamental ratios Correlations
Click cells to compare fundamentals
PVH Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for PVH Stock Analysis
When running PVH Corp's price analysis, check to measure PVH Corp's 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 PVH Corp is operating at the current time. Most of PVH Corp's value examination focuses on studying past and present price action to predict the probability of PVH Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PVH Corp's price. Additionally, you may evaluate how the addition of PVH Corp to your portfolios can decrease your overall portfolio volatility.