Guess Depreciation And Amortization vs Gross Profit Analysis

GES Stock  USD 17.07  0.44  2.65%   
Guess financial indicator trend analysis is much more than just examining Guess Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guess Inc is a good investment. Please check the relationship between Guess Depreciation And Amortization and its Gross Profit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guess 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 income.

Depreciation And Amortization vs Gross Profit

Depreciation And Amortization vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guess Inc Depreciation And Amortization account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Guess' Depreciation And Amortization and Gross Profit is 0.61. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Guess Inc, assuming nothing else is changed. The correlation between historical values of Guess' Depreciation And Amortization and Gross Profit 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 And Amortization of Guess Inc are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Depreciation And Amortization i.e., Guess' Depreciation And Amortization and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Guess Inc minus its cost of goods sold. It is profit before Guess operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Guess' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guess Inc 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 Guess 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 income.
At this time, Guess' Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 2.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.30 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.1B1.2B750.7M
Total Revenue2.6B2.7B2.8B1.9B

Guess fundamental ratios Correlations

0.620.00.780.170.740.50.740.870.510.760.470.510.87-0.860.680.850.62-0.50.730.560.850.660.390.260.42
0.62-0.40.87-0.540.960.980.040.48-0.080.94-0.23-0.090.33-0.640.990.350.02-0.920.970.90.180.93-0.31-0.4-0.32
0.0-0.4-0.160.58-0.24-0.420.290.00.16-0.190.420.170.310.09-0.360.110.450.4-0.3-0.110.24-0.560.520.480.52
0.780.87-0.16-0.180.90.80.350.770.150.950.10.140.63-0.870.910.670.37-0.830.960.870.520.850.1-0.010.14
0.17-0.540.58-0.18-0.34-0.680.70.150.75-0.240.790.760.43-0.23-0.460.290.660.56-0.37-0.320.63-0.490.950.950.9
0.740.96-0.240.9-0.340.910.210.570.060.98-0.020.050.51-0.760.980.470.18-0.850.980.90.360.87-0.1-0.19-0.12
0.50.98-0.420.8-0.680.91-0.110.39-0.290.87-0.36-0.30.22-0.50.960.27-0.11-0.930.920.860.020.88-0.46-0.55-0.45
0.740.040.290.350.70.21-0.110.630.750.30.780.740.75-0.680.120.790.79-0.040.20.140.910.080.830.70.82
0.870.480.00.770.150.570.390.630.390.610.470.380.85-0.810.540.930.57-0.40.630.40.810.590.390.310.49
0.51-0.080.160.150.750.06-0.290.750.390.120.711.00.49-0.51-0.020.370.610.220.04-0.020.790.050.760.740.69
0.760.94-0.190.95-0.240.980.870.30.610.120.030.120.55-0.820.970.530.27-0.860.980.940.430.850.01-0.1-0.01
0.47-0.230.420.10.79-0.02-0.360.780.470.710.030.710.61-0.5-0.150.550.570.33-0.07-0.080.75-0.190.870.850.83
0.51-0.090.170.140.760.05-0.30.740.381.00.120.710.49-0.5-0.030.370.620.230.03-0.020.790.050.760.740.7
0.870.330.310.630.430.510.220.750.850.490.550.610.49-0.750.410.870.78-0.220.50.340.90.380.610.510.67
-0.86-0.640.09-0.87-0.23-0.76-0.5-0.68-0.81-0.51-0.82-0.5-0.5-0.75-0.71-0.79-0.560.57-0.78-0.67-0.79-0.65-0.49-0.41-0.48
0.680.99-0.360.91-0.460.980.960.120.54-0.020.97-0.15-0.030.41-0.710.430.1-0.910.990.910.270.93-0.22-0.31-0.22
0.850.350.110.670.290.470.270.790.930.370.530.550.370.87-0.790.430.67-0.360.520.330.840.410.530.410.63
0.620.020.450.370.660.18-0.110.790.570.610.270.570.620.78-0.560.10.67-0.010.20.150.840.080.750.640.81
-0.5-0.920.4-0.830.56-0.85-0.93-0.04-0.40.22-0.860.330.23-0.220.57-0.91-0.36-0.01-0.9-0.88-0.09-0.830.320.470.3
0.730.97-0.30.96-0.370.980.920.20.630.040.98-0.070.030.5-0.780.990.520.2-0.90.910.370.92-0.11-0.22-0.1
0.560.9-0.110.87-0.320.90.860.140.4-0.020.94-0.08-0.020.34-0.670.910.330.15-0.880.910.220.74-0.09-0.22-0.11
0.850.180.240.520.630.360.020.910.810.790.430.750.790.9-0.790.270.840.84-0.090.370.220.290.790.690.81
0.660.93-0.560.85-0.490.870.880.080.590.050.85-0.190.050.38-0.650.930.410.08-0.830.920.740.29-0.27-0.34-0.25
0.39-0.310.520.10.95-0.1-0.460.830.390.760.010.870.760.61-0.49-0.220.530.750.32-0.11-0.090.79-0.270.960.96
0.26-0.40.48-0.010.95-0.19-0.550.70.310.74-0.10.850.740.51-0.41-0.310.410.640.47-0.22-0.220.69-0.340.960.9
0.42-0.320.520.140.9-0.12-0.450.820.490.69-0.010.830.70.67-0.48-0.220.630.810.3-0.1-0.110.81-0.250.960.9
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Guess Account Relationship Matchups

Guess fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.5B2.6B2.4B2.6B1.4B
Short Long Term Debt Total1.2B1.3B1.2B1.1B1.2B1.2B
Other Current Liab196.1M(66.1M)(5.5M)28.9M228.4M114.7M
Total Current Liabilities638.4M762.5M817.9M763.1M791.6M831.1M
Total Stockholder Equity639.7M543.7M622.7M534.1M684.9M637.1M
Property Plant And Equipment Net1.1B981M914.6M876.5M913.7M959.4M
Net Debt911.2M782.2M737.7M857.9M802.3M842.4M
Retained Earnings1.1B1.0B1.2B1.3B1.4B783.1M
Accounts Payable232.8M300.4M325.8M289.4M272.8M176.6M
Cash284.6M469.1M415.6M275.8M360.3M272.8M
Non Current Assets Total1.4B1.2B1.3B1.2B1.4B1.4B
Non Currrent Assets Other224.6M252.3M152.8M140.2M228.9M137.4M
Cash And Short Term Investments284.6M469.1M415.6M275.8M360.3M275.7M
Net Receivables327.3M314.1M328.9M341.9M314.8M212.0M
Common Stock Shares Outstanding71.7M64.2M65.9M70.1M69.8M67.9M
Liabilities And Stockholders Equity2.4B2.5B2.6B2.4B2.6B1.4B
Non Current Liabilities Total1.1B1.1B1.1B1.1B1.1B1.1B
Inventory393.1M389.1M462.3M510.9M466.3M281.0M
Other Current Assets59.2M60.1M77.4M83.1M84.1M58.3M
Other Stockholder Equity(351.4M)(371.1M)(401.1M)(609.2M)(591.0M)(561.5M)
Total Liab1.8B1.9B1.9B1.8B1.9B1.9B
Property Plant And Equipment Gross1.1B981M914.6M876.5M1.6B1.7B
Total Current Assets1.1B1.2B1.3B1.2B1.2B828.5M
Accumulated Other Comprehensive Income(139.9M)(120.7M)(135.5M)(134.1M)(137.0M)(130.2M)
Short Term Debt201.6M484.3M440.2M380.8M255.3M268.0M
Common Stock Total Equity813K814K658K642K738.3K686.4K
Common Stock658K642K627K546K530K678.6K
Other Liab129.9M143.0M160.3M157.4M181.0M142.5M
Other Assets188.5M212.6M434.3M420.3M483.4M507.6M
Long Term Debt247.4M327.2M331.6M394.9M364.9M383.2M
Good Will37.1M34.8M36.7M34.9M34.3M32.9M
Treasury Stock(638.5M)(914.4M)(924.2M)(966.1M)(869.5M)(826.0M)
Property Plant Equipment288.1M981M914.6M876.5M1.0B1.1B
Current Deferred Revenue8.0M10.7M12.9M12.7M14.2M14.9M
Net Tangible Assets798.1M609.7M506.9M622.7M560.4M712.3M

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Additional Tools for Guess Stock Analysis

When running Guess' price analysis, check to measure Guess' 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 Guess is operating at the current time. Most of Guess' value examination focuses on studying past and present price action to predict the probability of Guess' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guess' price. Additionally, you may evaluate how the addition of Guess to your portfolios can decrease your overall portfolio volatility.