Fossil Total Operating Expenses vs Selling General Administrative Analysis

FOSL Stock  USD 1.17  0.02  1.74%   
Fossil financial indicator trend analysis is much more than just examining Fossil Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fossil Group is a good investment. Please check the relationship between Fossil Total Operating Expenses and its Selling General Administrative accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fossil Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Total Operating Expenses vs Selling General Administrative

Total Operating Expenses vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fossil Group Total Operating Expenses account and Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fossil's Total Operating Expenses and Selling General Administrative is 0.82. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Fossil Group, assuming nothing else is changed. The correlation between historical values of Fossil's Total Operating Expenses and Selling General Administrative 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 Operating Expenses of Fossil Group are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Operating Expenses i.e., Fossil's Total Operating Expenses and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Selling General Administrative

Most indicators from Fossil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fossil Group 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fossil Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Fossil's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 18.09 this year, although the value of Selling General Administrative will most likely fall to about 550.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense25.1M19.2M21.8M22.9M
Depreciation And Amortization119.9M23.3M19.1M18.1M

Fossil fundamental ratios Correlations

0.670.620.670.850.770.350.710.660.740.920.060.740.94-0.310.780.950.29-0.010.830.190.97-0.210.790.740.44
0.670.180.550.240.50.840.070.560.50.66-0.140.50.57-0.760.980.580.430.470.930.180.620.070.610.65-0.02
0.620.180.680.60.77-0.060.450.520.420.560.080.420.64-0.10.260.620.00.090.460.150.61-0.170.310.240.42
0.670.550.680.360.710.170.20.880.80.45-0.290.80.64-0.560.540.60.540.350.790.180.760.310.310.20.48
0.850.240.60.360.6-0.090.960.380.540.810.20.530.830.20.40.830.02-0.430.44-0.020.8-0.470.720.630.45
0.770.50.770.710.60.270.470.640.50.750.00.50.69-0.220.570.710.260.10.70.420.72-0.130.280.460.54
0.350.84-0.060.17-0.090.27-0.240.240.060.460.040.060.26-0.730.80.310.210.60.640.40.250.050.360.53-0.16
0.710.070.450.20.960.47-0.240.240.450.670.080.450.680.370.250.730.03-0.670.26-0.110.68-0.540.650.510.42
0.660.560.520.880.380.640.240.240.650.46-0.320.650.61-0.540.580.660.630.310.780.180.740.130.330.240.55
0.740.50.420.80.540.50.060.450.650.53-0.241.00.68-0.40.530.620.490.040.710.020.820.310.530.420.41
0.920.660.560.450.810.750.460.670.460.530.180.530.81-0.230.770.830.10.00.740.230.79-0.30.760.90.29
0.06-0.140.08-0.290.20.00.040.08-0.32-0.240.18-0.240.230.34-0.070.02-0.710.09-0.170.33-0.03-0.140.020.180.03
0.740.50.420.80.530.50.060.450.651.00.53-0.240.68-0.40.520.620.490.040.70.020.820.310.530.420.41
0.940.570.640.640.830.690.260.680.610.680.810.230.68-0.250.690.930.160.00.760.230.95-0.220.760.580.48
-0.31-0.76-0.1-0.560.2-0.22-0.730.37-0.54-0.4-0.230.34-0.4-0.25-0.66-0.27-0.53-0.77-0.7-0.28-0.34-0.47-0.28-0.26-0.04
0.780.980.260.540.40.570.80.250.580.530.77-0.070.520.69-0.660.720.380.340.940.170.72-0.090.710.710.04
0.950.580.620.60.830.710.310.730.660.620.830.020.620.93-0.270.720.28-0.090.760.140.95-0.390.790.590.45
0.290.430.00.540.020.260.210.030.630.490.1-0.710.490.16-0.530.380.280.130.490.020.40.320.170.040.33
-0.010.470.090.35-0.430.10.6-0.670.310.040.00.090.040.0-0.770.34-0.090.130.390.36-0.020.54-0.130.05-0.09
0.830.930.460.790.440.70.640.260.780.710.74-0.170.70.76-0.70.940.760.490.390.20.830.050.640.60.23
0.190.180.150.18-0.020.420.4-0.110.180.020.230.330.020.23-0.280.170.140.020.360.20.150.34-0.170.130.63
0.970.620.610.760.80.720.250.680.740.820.79-0.030.820.95-0.340.720.950.4-0.020.830.15-0.130.750.570.51
-0.210.07-0.170.31-0.47-0.130.05-0.540.130.31-0.3-0.140.31-0.22-0.47-0.09-0.390.320.540.050.34-0.13-0.34-0.170.2
0.790.610.310.310.720.280.360.650.330.530.760.020.530.76-0.280.710.790.17-0.130.64-0.170.75-0.340.740.03
0.740.650.240.20.630.460.530.510.240.420.90.180.420.58-0.260.710.590.040.050.60.130.57-0.170.740.06
0.44-0.020.420.480.450.54-0.160.420.550.410.290.030.410.48-0.040.040.450.33-0.090.230.630.510.20.030.06
Click cells to compare fundamentals

Fossil Account Relationship Matchups

Fossil fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.5B1.4B1.2B978.0M1.1B
Short Long Term Debt Total493.7M458.1M316.5M366.6M388.7M202.7M
Other Current Liab360.8M219.4M199.9M147.6M92.9M135.1M
Total Current Liabilities559.2M558.5M535.6M425.9M342.5M301.9M
Total Stockholder Equity503.8M440M465.4M403M254.2M241.5M
Property Plant And Equipment Net439.7M340.8M267.4M236.8M208.2M196.8M
Net Debt293.5M142.1M65.7M167.9M271.5M285.0M
Retained Earnings299.8M203.7M229.1M175.5M18.4M17.5M
Accounts Payable172.2M178.2M229.9M191.1M147.2M105.9M
Cash200.2M316M250.8M198.7M117.2M193.7M
Non Current Assets Total545.3M488M346M292.8M267.3M339.0M
Non Currrent Assets Other(38.8M)(34.2M)(24.9M)(22.6M)22.6M23.7M
Cash And Short Term Investments200.2M316M250.8M198.7M117.2M198.3M
Net Receivables289.7M229.8M255.1M206.1M245.3M216.1M
Common Stock Shares Outstanding50.2M51.1M52.8M51.8M52.3M51.2M
Liabilities And Stockholders Equity1.6B1.5B1.4B1.2B978.0M1.1B
Non Current Liabilities Total541.7M480M367.7M409.2M383.8M256.2M
Inventory452.3M295.3M346.9M376M252.8M303.0M
Other Current Assets117.2M149.4M169.9M164.4M95.3M78.7M
Other Stockholder Equity284.1M293.8M300.8M306.2M311.7M327.3M
Total Liab1.1B1.0B903.3M835.1M726.3M550.6M
Property Plant And Equipment Gross439.7M340.8M267.4M236.8M592.9M622.6M
Total Current Assets1.1B990.5M1.0B945.3M710.7M802.2M
Accumulated Other Comprehensive Income(80.6M)(58.9M)(67.3M)(76.3M)(76.4M)(72.6M)
Short Term Debt26.2M106.4M59.3M50.0M87.6M92.0M
Intangible Assets26.9M17.8M14.3M11.9M11.4M10.8M
Common Stock Total Equity505K515K521K518K595.7K570.3K
Common Stock505K515K521K518K525K564.7K
Short Term Investments1.5M1.2M835K1.8M568K539.6K
Other Assets78.2M129.1M64.0M44.1M1.00.95
Property Plant Equipment151.5M114.0M89.8M79.9M91.9M87.3M
Current Deferred Revenue54.3M71.3M80.8M2.2M2.0M1.9M
Long Term Debt178.8M185.9M141.4M216.1M207.0M233.5M
Other Liab74.2M63.5M51.8M42.9M49.3M74.1M
Net Tangible Assets397.4M291.9M384.6M349.9M314.9M441.2M
Noncontrolling Interest In Consolidated Entity787K942K2.1M(2.9M)(2.6M)(2.5M)
Retained Earnings Total Equity299.8M203.7M229.1M175.5M157.9M150.0M
Long Term Debt Total178.8M185.9M141.4M216.1M248.6M340.6M

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When determining whether Fossil Group is a strong investment it is important to analyze Fossil's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fossil's future performance. For an informed investment choice regarding Fossil Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fossil Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Apparel, Accessories & 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 Fossil. If investors know Fossil 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 Fossil 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
(0.82)
Earnings Share
(2.33)
Revenue Per Share
23.195
Quarterly Revenue Growth
(0.16)
Return On Assets
(0.04)
The market value of Fossil Group is measured differently than its book value, which is the value of Fossil that is recorded on the company's balance sheet. Investors also form their own opinion of Fossil's value that differs from its market value or its book value, called intrinsic value, which is Fossil'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 Fossil's market value can be influenced by many factors that don't directly affect Fossil'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 Fossil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fossil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fossil'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.