Genesco Capital Surpluse vs Short Term Debt Analysis

GCO Stock

USD 31.43 2.48 8.57%

Genesco financial indicator trend analysis is much more than just examining Genesco latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genesco is a good investment. Please check the relationship between Genesco Capital Surpluse and its Short Term Debt accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Genesco Stock, please use our How to Invest in Genesco guide.

Capital Surpluse vs Short Term Debt

Capital Surpluse vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genesco Capital Surpluse account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Genesco's Capital Surpluse and Short Term Debt is 0.68. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Genesco, assuming nothing else is changed. The correlation between historical values of Genesco's Capital Surpluse and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Genesco are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Capital Surpluse i.e., Genesco's Capital Surpluse and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.68

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Capital Surpluse

Short Term Debt

Most indicators from Genesco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genesco 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Genesco Stock, please use our How to Invest in Genesco guide.As of the 22nd of November 2024, Selling General Administrative is likely to drop to about 549.2 M. In addition to that, Discontinued Operations is likely to drop to about (309 K)

	2021	2022	2023	2024 (projected)
Gross Profit	1.2B	1.1B	1.1B	716.3M
Total Revenue	2.4B	2.4B	2.3B	1.5B

Gross Profit Total Revenue

Genesco 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	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	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Current Deferred Revenue	Accounts Payable
Total Assets		0.24	0.18	0.93	0.74	0.45	0.13	0.6	0.39	0.76	0.15	0.39	-0.24	0.13	0.49	0.59	0.43	0.44	0.71	0.18	0.76	0.26	0.66	0.28	0.77	0.8
Short Long Term Debt Total	0.24		-0.69	0.35	-0.43	0.96	0.96	-0.58	0.36	0.7	-0.51	0.36	-0.46	-0.79	0.91	-0.51	0.16	0.67	0.8	0.85	-0.34	0.89	-0.32	-0.7	-0.12	-0.1
Other Current Liab	0.18	-0.69		0.05	0.65	-0.56	-0.6	0.76	-0.46	-0.11	0.69	-0.46	0.08	0.8	-0.56	0.74	0.06	-0.56	-0.4	-0.5	0.45	-0.78	0.6	0.82	0.27	0.35
Total Current Liabilities	0.93	0.35	0.05		0.57	0.5	0.19	0.43	0.57	0.72	0.16	0.57	-0.22	-0.01	0.54	0.39	0.47	0.47	0.78	0.24	0.67	0.45	0.53	0.1	0.72	0.77
Total Stockholder Equity	0.74	-0.43	0.65	0.57		-0.18	-0.48	0.97	0.07	0.3	0.45	0.07	0.07	0.67	-0.22	0.93	0.26	-0.05	0.05	-0.29	0.93	-0.36	0.89	0.77	0.72	0.82
Property Plant And Equipment Net	0.45	0.96	-0.56	0.5	-0.18		0.91	-0.35	0.36	0.85	-0.43	0.36	-0.46	-0.67	0.89	-0.28	0.2	0.7	0.85	0.88	-0.12	0.85	-0.07	-0.53	0.03	0.11
Net Debt	0.13	0.96	-0.6	0.19	-0.48	0.91		-0.61	0.08	0.67	-0.48	0.08	-0.51	-0.8	0.84	-0.48	0.02	0.59	0.7	0.87	-0.48	0.77	-0.36	-0.66	-0.26	-0.24
Retained Earnings	0.6	-0.58	0.76	0.43	0.97	-0.35	-0.61		-0.02	0.15	0.55	-0.02	0.08	0.81	-0.38	0.93	0.21	-0.26	-0.12	-0.43	0.88	-0.51	0.88	0.87	0.67	0.74
Cash	0.39	0.36	-0.46	0.57	0.07	0.36	0.08	-0.02		0.25	-0.24	1.0	0.09	-0.15	0.4	-0.25	0.5	0.37	0.51	0.15	0.39	0.62	0.09	-0.28	0.42	0.42
Non Current Assets Total	0.76	0.7	-0.11	0.72	0.3	0.85	0.67	0.15	0.25		-0.06	0.25	-0.54	-0.23	0.72	0.21	0.26	0.49	0.81	0.71	0.27	0.6	0.4	-0.04	0.34	0.43
Non Currrent Assets Other	0.15	-0.51	0.69	0.16	0.45	-0.43	-0.48	0.55	-0.24	-0.06		-0.24	0.0	0.71	-0.41	0.52	-0.01	-0.63	-0.24	-0.38	0.35	-0.43	0.57	0.64	0.3	0.14
Cash And Short Term Investments	0.39	0.36	-0.46	0.57	0.07	0.36	0.08	-0.02	1.0	0.25	-0.24		0.09	-0.15	0.4	-0.25	0.5	0.37	0.51	0.15	0.39	0.62	0.09	-0.28	0.42	0.42
Net Receivables	-0.24	-0.46	0.08	-0.22	0.07	-0.46	-0.51	0.08	0.09	-0.54	0.0	0.09		0.17	-0.46	-0.02	-0.15	0.0	-0.43	-0.39	0.16	-0.39	0.01	-0.14	-0.1	0.1
Common Stock Shares Outstanding	0.13	-0.79	0.8	-0.01	0.67	-0.67	-0.8	0.81	-0.15	-0.23	0.71	-0.15	0.17		-0.67	0.65	0.07	-0.76	-0.5	-0.67	0.57	-0.72	0.7	0.89	0.42	0.35
Non Current Liabilities Total	0.49	0.91	-0.56	0.54	-0.22	0.89	0.84	-0.38	0.4	0.72	-0.41	0.4	-0.46	-0.67		-0.32	0.26	0.7	0.95	0.64	-0.14	0.8	-0.21	-0.57	0.16	0.05
Inventory	0.59	-0.51	0.74	0.39	0.93	-0.28	-0.48	0.93	-0.25	0.21	0.52	-0.25	-0.02	0.65	-0.32		0.07	-0.13	-0.09	-0.33	0.77	-0.51	0.8	0.82	0.6	0.66
Other Current Assets	0.43	0.16	0.06	0.47	0.26	0.2	0.02	0.21	0.5	0.26	-0.01	0.5	-0.15	0.07	0.26	0.07		0.13	0.37	0.04	0.45	0.16	0.31	0.1	0.47	0.44
Other Stockholder Equity	0.44	0.67	-0.56	0.47	-0.05	0.7	0.59	-0.26	0.37	0.49	-0.63	0.37	0.0	-0.76	0.7	-0.13	0.13		0.7	0.58	0.06	0.63	-0.2	-0.6	0.07	0.25
Total Liab	0.71	0.8	-0.4	0.78	0.05	0.85	0.7	-0.12	0.51	0.81	-0.24	0.51	-0.43	-0.5	0.95	-0.09	0.37	0.7		0.57	0.15	0.76	0.05	-0.38	0.39	0.33
Property Plant And Equipment Gross	0.18	0.85	-0.5	0.24	-0.29	0.88	0.87	-0.43	0.15	0.71	-0.38	0.15	-0.39	-0.67	0.64	-0.33	0.04	0.58	0.57		-0.28	0.75	-0.11	-0.51	-0.33	-0.11
Total Current Assets	0.76	-0.34	0.45	0.67	0.93	-0.12	-0.48	0.88	0.39	0.27	0.35	0.39	0.16	0.57	-0.14	0.77	0.45	0.06	0.15	-0.28		-0.17	0.83	0.61	0.81	0.9
Short Term Debt	0.26	0.89	-0.78	0.45	-0.36	0.85	0.77	-0.51	0.62	0.6	-0.43	0.62	-0.39	-0.72	0.8	-0.51	0.16	0.63	0.76	0.75	-0.17		-0.26	-0.65	-0.01	0.0
Common Stock	0.66	-0.32	0.6	0.53	0.89	-0.07	-0.36	0.88	0.09	0.4	0.57	0.09	0.01	0.7	-0.21	0.8	0.31	-0.2	0.05	-0.11	0.83	-0.26		0.75	0.64	0.72
Intangible Assets	0.28	-0.7	0.82	0.1	0.77	-0.53	-0.66	0.87	-0.28	-0.04	0.64	-0.28	-0.14	0.89	-0.57	0.82	0.1	-0.6	-0.38	-0.51	0.61	-0.65	0.75		0.45	0.41
Current Deferred Revenue	0.77	-0.12	0.27	0.72	0.72	0.03	-0.26	0.67	0.42	0.34	0.3	0.42	-0.1	0.42	0.16	0.6	0.47	0.07	0.39	-0.33	0.81	-0.01	0.64	0.45		0.75
Accounts Payable	0.8	-0.1	0.35	0.77	0.82	0.11	-0.24	0.74	0.42	0.43	0.14	0.42	0.1	0.35	0.05	0.66	0.44	0.25	0.33	-0.11	0.9	0.0	0.72	0.41	0.75

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Genesco Account Relationship Matchups

Genesco fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7B	1.6B	1.6B	1.5B	1.3B	839.9M
Short Long Term Debt Total	805.0M	734.0M	632.6M	580.4M	522.9M	549.1M
Other Current Liab	83.5M	62.7M	(30.9M)	67.5M	74.5M	69.2M
Total Current Liabilities	361.9M	402.9M	431.7M	360.8M	319.5M	190.9M
Total Stockholder Equity	619.3M	566.8M	602.5M	607.0M	571.2M	422.8M
Property Plant And Equipment Net	973.4M	829.6M	760.1M	704.7M	677.2M	711.0M
Net Debt	723.6M	518.9M	312.1M	532.4M	487.8M	512.2M
Retained Earnings	378.6M	320.9M	350.2M	346.9M	296.8M	268.2M
Cash	81.4M	215.1M	320.5M	48.0M	35.2M	67.3M
Non Current Assets Total	1.2B	919.8M	852.3M	883.8M	822.5M	863.7M
Non Currrent Assets Other	40.4M	20.7M	22.3M	84.9M	82.3M	82.9M
Cash And Short Term Investments	81.4M	215.1M	320.5M	48.0M	35.2M	67.3M
Net Receivables	29.2M	31.4M	39.5M	40.8M	53.6M	34.4M
Common Stock Shares Outstanding	15.7M	14.2M	14.5M	12.7M	11.2M	17.3M
Liabilities And Stockholders Equity	1.7B	1.6B	1.6B	1.5B	1.3B	839.9M
Non Current Liabilities Total	699.2M	617.7M	527.9M	488.7M	439.2M	226.2M
Inventory	365.3M	291.0M	278.2M	458.0M	379.0M	286.4M
Other Current Assets	32.3M	260.3M	71.6M	25.8M	39.6M	43.1M
Other Stockholder Equity	256.2M	264.5M	273.6M	287.4M	301.3M	180.3M
Total Liab	1.1B	1.0B	959.6M	849.5M	758.7M	417.1M
Property Plant And Equipment Gross	973.4M	829.6M	760.1M	704.7M	1.2B	1.3B
Total Current Assets	508.2M	667.6M	709.8M	572.7M	507.4M	442.6M
Accumulated Other Comprehensive Income	(31.7M)	(35.1M)	(36.4M)	(41.2M)	(39.6M)	(41.6M)
Short Term Debt	142.7M	173.5M	290.2M	134.5M	129.2M	135.6M
Common Stock	15.2M	15.4M	14.3M	13.1M	12.0M	17.5M
Intangible Assets	36.4M	30.9M	29.9M	27.4M	27.3M	50.1M
Current Deferred Revenue	25.1M	19.5M	19.5M	28.6M	1.2M	1.2M
Accounts Payable	135.8M	150.4M	152.5M	145.0M	114.6M	113.8M
Common Stock Total Equity	20.4M	19.6M	15.2M	15.4M	13.9M	17.8M
Other Liab	36.9M	57.1M	40.3M	42.7M	49.1M	46.7M
Other Assets	40.4M	20.7M	23.8M	113.5M	130.5M	137.0M
Long Term Debt	14.4M	33.0M	15.7M	44.9M	34.7M	60.1M
Property Plant Equipment	238.3M	829.6M	760.1M	704.7M	810.4M	851.0M
Good Will	122.2M	38.6M	38.6M	38.1M	9.6M	9.1M
Net Tangible Assets	642.5M	490.8M	497.3M	534.1M	614.2M	639.3M
Long Term Debt Total	14.4M	33.0M	15.7M	44.9M	40.4M	36.2M
Capital Surpluse	274.1M	282.3M	291.4M	305.3M	351.0M	261.2M

Pair Trading with Genesco

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Genesco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Genesco will appreciate offsetting losses from the drop in the long position's value.

Moving together with Genesco Stock

0.68

ABG

Asbury Automotive

Pair Corr

Moving against Genesco Stock

0.4

BBY

Best Buy Sell-off Trend

Pair Corr

The ability to find closely correlated positions to Genesco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Genesco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Genesco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Genesco to buy it.

The correlation of Genesco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Genesco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Genesco moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Genesco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Genesco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genesco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Genesco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genesco Stock:

How To Invest In Genesco

Details

Is Genesco Stock a good investment?

Details

What is Genesco's Net Worth?

Details

Largest Specialty Retail Companies

View

Largest Consumer Discretionary Distribution & Retail Companies

View

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Genesco Stock, please use our How to Invest in Genesco guide.

You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Is Specialty Retail 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 Genesco. If investors know Genesco 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 Genesco 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

(0.23)

Earnings Share

(0.87)

Revenue Per Share

210.709

Quarterly Revenue Growth

0.004

Return On Assets

0.0035

The market value of Genesco is measured differently than its book value, which is the value of Genesco that is recorded on the company's balance sheet. Investors also form their own opinion of Genesco's value that differs from its market value or its book value, called intrinsic value, which is Genesco'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 Genesco's market value can be influenced by many factors that don't directly affect Genesco'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 Genesco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesco'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.

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Genesco Capital Surpluse vs Short Term Debt Analysis

Capital Surpluse vs Short Term Debt

Capital Surpluse vs Short Term Debt Correlation Analysis

Correlation Coefficient

Capital Surpluse

Short Term Debt

Genesco fundamental ratios Correlations

Genesco Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Genesco fundamental ratios Accounts

Pair Trading with Genesco

Moving together with Genesco Stock

Moving against Genesco Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Retained Earnings	+ 0.97	Total Stockholder Equity
Property Plant And Equipment Net	+ 0.96	Short Long Term Debt Total
Net Debt	+ 0.96	Short Long Term Debt Total
Total Liab	+ 0.95	Non Current Liabilities Total
Total Current Liabilities	+ 0.93	Total Assets

Common Stock Shares Outstanding	- 0.8	Net Debt
Common Stock Shares Outstanding	- 0.79	Short Long Term Debt Total
Short Term Debt	- 0.78	Other Current Liab
Other Stockholder Equity	- 0.76	Common Stock Shares Outstanding
Short Term Debt	- 0.72	Common Stock Shares Outstanding
Intangible Assets	- 0.7	Short Long Term Debt Total