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 Direction | Positive |
Relationship Strength | Significant |
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 Profit | 1.2B | 1.1B | 1.2B | 750.7M | Total Revenue | 2.6B | 2.7B | 2.8B | 1.9B |
Guess fundamental ratios Correlations
Click cells to compare fundamentals
Guess Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guess fundamental ratios Accounts
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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.