Macys Total Liab vs Property Plant And Equipment Net Analysis

M Stock  USD 16.30  1.23  8.16%   
Macys financial indicator trend analysis is infinitely more than just investigating Macys Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Macys Inc is a good investment. Please check the relationship between Macys Total Liab and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macys 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 population.

Total Liab vs Property Plant And Equipment Net

Total Liab vs Property Plant And Equipment Net Correlation Analysis

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

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Macys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Macys 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macys 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 population.
As of the 22nd of November 2024, Selling General Administrative is likely to drop to about 7.8 B. In addition to that, Tax Provision is likely to drop to about 18.1 M
 2021 2022 2023 2024 (projected)
Gross Profit10.3B10.0B9.7B9.2B
Total Revenue25.3B23.9B27.4B22.7B

Macys fundamental ratios Correlations

0.79-0.290.940.760.770.620.690.860.560.98-0.330.56-0.770.770.910.950.75-0.130.940.530.940.38-0.680.70.7
0.790.120.850.270.880.880.370.470.540.81-0.090.54-0.740.630.920.660.48-0.190.920.690.680.66-0.680.610.61
-0.290.12-0.17-0.390.240.15-0.38-0.7-0.01-0.260.0-0.01-0.24-0.22-0.19-0.4-0.32-0.2-0.190.4-0.320.22-0.120.070.07
0.940.85-0.170.570.850.70.690.790.540.95-0.240.54-0.840.680.90.90.79-0.240.970.610.850.51-0.80.60.6
0.760.27-0.390.570.410.130.620.760.320.72-0.540.32-0.480.590.440.750.60.050.50.260.750.04-0.340.610.61
0.770.880.240.850.410.840.550.450.350.84-0.290.35-0.90.510.760.670.62-0.340.820.830.580.55-0.840.530.53
0.620.880.150.70.130.840.410.370.070.71-0.090.07-0.680.250.760.530.45-0.480.750.720.390.56-0.720.260.26
0.690.37-0.380.690.620.550.410.770.040.72-0.420.04-0.660.240.520.820.84-0.570.60.490.56-0.12-0.80.170.17
0.860.47-0.70.790.760.450.370.770.340.84-0.240.34-0.480.580.720.910.76-0.130.760.180.830.1-0.50.390.4
0.560.54-0.010.540.320.350.070.040.340.44-0.021.0-0.360.860.590.450.210.430.580.180.720.38-0.160.820.82
0.980.81-0.260.950.720.840.710.720.840.44-0.330.44-0.80.690.890.930.78-0.210.940.60.850.41-0.750.620.62
-0.33-0.090.0-0.24-0.54-0.29-0.09-0.42-0.24-0.02-0.33-0.020.33-0.25-0.11-0.41-0.260.06-0.17-0.38-0.3-0.020.26-0.44-0.44
0.560.54-0.010.540.320.350.070.040.341.00.44-0.02-0.360.860.590.450.210.430.580.180.720.38-0.160.820.82
-0.77-0.74-0.24-0.84-0.48-0.9-0.68-0.66-0.48-0.36-0.80.33-0.36-0.44-0.7-0.73-0.70.47-0.78-0.82-0.63-0.330.93-0.52-0.52
0.770.63-0.220.680.590.510.250.240.580.860.69-0.250.86-0.440.730.670.370.460.720.280.830.41-0.240.860.87
0.910.92-0.190.90.440.760.760.520.720.590.89-0.110.59-0.70.730.840.59-0.170.980.520.840.45-0.650.620.62
0.950.66-0.40.90.750.670.530.820.910.450.93-0.410.45-0.730.670.840.77-0.250.890.50.910.19-0.720.580.58
0.750.48-0.320.790.60.620.450.840.760.210.78-0.260.21-0.70.370.590.77-0.390.690.470.630.21-0.750.320.32
-0.13-0.19-0.2-0.240.05-0.34-0.48-0.57-0.130.43-0.210.060.430.470.46-0.17-0.25-0.39-0.2-0.420.010.180.660.330.34
0.940.92-0.190.970.50.820.750.60.760.580.94-0.170.58-0.780.720.980.890.69-0.20.570.870.48-0.730.630.63
0.530.690.40.610.260.830.720.490.180.180.6-0.380.18-0.820.280.520.50.47-0.420.570.360.44-0.80.460.46
0.940.68-0.320.850.750.580.390.560.830.720.85-0.30.72-0.630.830.840.910.630.010.870.360.3-0.490.790.79
0.380.660.220.510.040.550.56-0.120.10.380.41-0.020.38-0.330.410.450.190.210.180.480.440.3-0.220.490.49
-0.68-0.68-0.12-0.8-0.34-0.84-0.72-0.8-0.5-0.16-0.750.26-0.160.93-0.24-0.65-0.72-0.750.66-0.73-0.8-0.49-0.22-0.26-0.26
0.70.610.070.60.610.530.260.170.390.820.62-0.440.82-0.520.860.620.580.320.330.630.460.790.49-0.261.0
0.70.610.070.60.610.530.260.170.40.820.62-0.440.82-0.520.870.620.580.320.340.630.460.790.49-0.261.0
Click cells to compare fundamentals

Macys Account Relationship Matchups

Macys fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.2B17.7B17.6B16.9B16.2B20.1B
Short Long Term Debt Total7.1B8.0B6.8B6.4B6.3B7.0B
Other Current Liab(758M)968M1.1B1.1B1.1B1.1B
Total Current Liabilities5.8B5.4B5.4B4.9B4.4B5.1B
Total Stockholder Equity6.4B2.6B3.6B4.1B4.1B6.2B
Property Plant And Equipment Net9.3B8.8B8.5B8.6B7.6B8.3B
Net Debt6.4B6.4B5.1B5.5B5.3B5.9B
Retained Earnings8.0B3.9B5.3B6.3B6.2B4.5B
Accounts Payable5.1B2.9B3.3B2.9B2.5B3.6B
Cash685M1.7B1.7B862M1.0B1.1B
Non Current Assets Total14.4B11.5B10.8B11.0B10.2B12.4B
Non Currrent Assets Other714M1.4B1.1B210M541M743.7M
Cash And Short Term Investments685M1.7B1.7B862M1.0B1.1B
Net Receivables409M276M297M300M293M278.4M
Liabilities And Stockholders Equity21.2B17.7B17.6B16.9B16.2B20.1B
Non Current Liabilities Total9.0B9.8B8.6B7.9B7.7B8.9B
Inventory5.2B3.8B4.4B4.3B4.4B4.6B
Other Current Assets528M455M366M424M401M400.9M
Other Stockholder Equity(620M)(590M)(1.0B)(1.6B)(1.6B)(1.5B)
Total Liab14.8B15.2B14.0B12.8B12.1B14.0B
Property Plant And Equipment Gross9.3B8.8B8.5B8.6B11.9B8.4B
Total Current Assets6.8B6.2B6.8B5.9B6.1B7.7B
Accumulated Other Comprehensive Income(995M)(788M)(622M)(618M)(496M)(520.8M)
Short Term Debt539M652M438M335M358M497.8M
Intangible Assets439M437M435M432M430M538.2M
Other Liab2.5B2.2B2.2B2.0B2.3B2.0B
Other Assets72M1.4B1.1B1.2B1.3B1.4B
Long Term Debt3.6B4.4B3.3B3.0B3.0B4.5B
Treasury Stock(1.3B)(1.2B)(1.2B)(1.5B)(1.8B)(1.9B)
Property Plant Equipment6.6B8.8B8.5B8.6B9.9B8.9B
Current Deferred Revenue839M616M481M399M384M675.9M
Net Tangible Assets1.3B2.1B4.9B2.4B2.7B1.7B

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Macys 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 population.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Broadline 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 Macys. If investors know Macys 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 Macys 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
(0.61)
Dividend Share
0.678
Earnings Share
0.65
Revenue Per Share
85.208
Quarterly Revenue Growth
(0.04)
The market value of Macys Inc is measured differently than its book value, which is the value of Macys that is recorded on the company's balance sheet. Investors also form their own opinion of Macys' value that differs from its market value or its book value, called intrinsic value, which is Macys' 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 Macys' market value can be influenced by many factors that don't directly affect Macys' 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 Macys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Macys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macys' 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.