Birkenstock Net Tangible Assets vs Retained Earnings Analysis
| BIRK Stock | 47.41 1.18 2.55% |
Birkenstock Holding financial indicator trend analysis is way more than just evaluating Birkenstock Holding plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Birkenstock Holding plc is a good investment. Please check the relationship between Birkenstock Holding Net Tangible Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Birkenstock Holding plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Net Tangible Assets vs Retained Earnings
Net Tangible Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Birkenstock Holding plc Net Tangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Birkenstock Holding's Net Tangible Assets and Retained Earnings is -0.59. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Birkenstock Holding plc, assuming nothing else is changed. The correlation between historical values of Birkenstock Holding's Net Tangible Assets 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 Net Tangible Assets of Birkenstock Holding plc 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 Net Tangible Assets i.e., Birkenstock Holding's Net Tangible Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.59 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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 Birkenstock Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Birkenstock Holding plc 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 Birkenstock Holding plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. The value of Tax Provision is estimated to slide to about 55.1 M. The value of Selling General Administrative is expected to slide to about 128.2 M
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 88.7M | 129.4M | 148.9M | 105.9M | Depreciation And Amortization | 89.6M | 83.4M | 95.9M | 75.8M |
Birkenstock Holding fundamental ratios Correlations
Click cells to compare fundamentals
Birkenstock Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Textiles, Apparel & Luxury Goods space 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 Birkenstock Holding. If investors know Birkenstock 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 Birkenstock Holding 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 0.151 | Earnings Share 0.62 | Revenue Per Share 9.25 | Quarterly Revenue Growth 0.194 | Return On Assets 0.0453 |
The market value of Birkenstock Holding plc is measured differently than its book value, which is the value of Birkenstock that is recorded on the company's balance sheet. Investors also form their own opinion of Birkenstock Holding's value that differs from its market value or its book value, called intrinsic value, which is Birkenstock Holding's 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 Birkenstock Holding's market value can be influenced by many factors that don't directly affect Birkenstock Holding's 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 Birkenstock Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Birkenstock Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Birkenstock Holding's 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.