Ralph Extraordinary Items vs Income Tax Expense Analysis

RL Stock  USD 207.12  4.97  2.46%   
Ralph Lauren financial indicator trend analysis is much more than just breaking down Ralph Lauren Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ralph Lauren Corp is a good investment. Please check the relationship between Ralph Lauren Extraordinary Items and its Income Tax Expense accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ralph Lauren Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Extraordinary Items vs Income Tax Expense

Extraordinary Items vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ralph Lauren Corp Extraordinary Items account and Income Tax Expense. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Ralph Lauren's Extraordinary Items and Income Tax Expense is -0.54. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Ralph Lauren Corp, assuming nothing else is changed. The correlation between historical values of Ralph Lauren's Extraordinary Items and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Ralph Lauren Corp are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Extraordinary Items i.e., Ralph Lauren's Extraordinary Items and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.54
Relationship DirectionNegative 
Relationship StrengthVery Weak

Extraordinary Items

Income Tax Expense

Most indicators from Ralph Lauren's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ralph Lauren Corp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ralph Lauren Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Enterprise Value is expected to rise to about 14.9 B this year, although the value of Selling General Administrative will most likely fall to about 2.3 B.
 2021 2022 2023 2024 (projected)
Interest Expense54M40.4M42.2M31.8M
Depreciation And Amortization229.7M220.5M229M145.8M

Ralph Lauren fundamental ratios Correlations

0.560.810.860.530.880.350.690.660.970.170.860.52-0.640.660.720.180.830.970.470.920.49-0.660.370.480.85
0.560.180.71-0.320.780.90.850.880.63-0.380.64-0.11-0.870.960.11-0.420.870.450.640.430.65-0.850.740.650.19
0.810.180.680.650.530.010.340.330.710.330.730.53-0.440.310.620.480.530.860.170.840.43-0.460.10.430.83
0.860.710.680.190.860.560.730.70.85-0.170.870.13-0.690.680.44-0.030.890.810.790.750.6-0.690.380.60.58
0.53-0.320.650.190.15-0.46-0.13-0.090.450.690.210.810.12-0.170.750.64-0.030.58-0.130.55-0.130.01-0.1-0.130.84
0.880.780.530.860.150.660.770.730.94-0.170.760.26-0.760.80.52-0.230.930.750.640.790.48-0.740.490.470.55
0.350.90.010.56-0.460.660.730.590.46-0.360.38-0.21-0.770.810.06-0.470.710.210.590.30.47-0.760.660.47-0.03
0.690.850.340.73-0.130.770.730.780.68-0.070.730.1-0.780.860.39-0.090.90.660.510.580.59-0.750.520.590.34
0.660.880.330.7-0.090.730.590.780.66-0.310.780.01-0.790.910.14-0.270.840.610.550.470.7-0.760.660.70.39
0.970.630.710.850.450.940.460.680.660.080.770.49-0.670.70.710.020.850.870.540.890.46-0.690.450.460.8
0.17-0.380.33-0.170.69-0.17-0.36-0.07-0.310.08-0.160.70.17-0.240.660.78-0.260.24-0.460.26-0.280.07-0.15-0.280.51
0.860.640.730.870.210.760.380.730.780.77-0.160.14-0.660.720.330.050.880.890.540.720.67-0.630.30.670.61
0.52-0.110.530.130.810.26-0.210.10.010.490.70.14-0.10.040.770.410.090.53-0.260.6-0.1-0.180.15-0.10.73
-0.64-0.87-0.44-0.690.12-0.76-0.77-0.78-0.79-0.670.17-0.66-0.1-0.91-0.30.17-0.84-0.57-0.38-0.67-0.770.98-0.79-0.77-0.37
0.660.960.310.68-0.170.80.810.860.910.7-0.240.720.04-0.910.23-0.280.890.580.490.530.64-0.890.740.650.33
0.720.110.620.440.750.520.060.390.140.710.660.330.77-0.30.230.530.370.70.030.790.02-0.370.170.020.79
0.18-0.420.48-0.030.64-0.23-0.47-0.09-0.270.020.780.050.410.17-0.280.53-0.210.33-0.350.26-0.10.1-0.28-0.10.48
0.830.870.530.89-0.030.930.710.90.840.85-0.260.880.09-0.840.890.37-0.210.760.640.720.66-0.790.50.660.45
0.970.450.860.810.580.750.210.660.610.870.240.890.53-0.570.580.70.330.760.360.890.48-0.590.270.470.86
0.470.640.170.79-0.130.640.590.510.550.54-0.460.54-0.26-0.380.490.03-0.350.640.360.270.41-0.390.30.410.19
0.920.430.840.750.550.790.30.580.470.890.260.720.6-0.670.530.790.260.720.890.270.5-0.690.370.490.82
0.490.650.430.6-0.130.480.470.590.70.46-0.280.67-0.1-0.770.640.02-0.10.660.480.410.5-0.710.571.00.35
-0.66-0.85-0.46-0.690.01-0.74-0.76-0.75-0.76-0.690.07-0.63-0.180.98-0.89-0.370.1-0.79-0.59-0.39-0.69-0.71-0.84-0.72-0.44
0.370.740.10.38-0.10.490.660.520.660.45-0.150.30.15-0.790.740.17-0.280.50.270.30.370.57-0.840.580.25
0.480.650.430.6-0.130.470.470.590.70.46-0.280.67-0.1-0.770.650.02-0.10.660.470.410.491.0-0.720.580.35
0.850.190.830.580.840.55-0.030.340.390.80.510.610.73-0.370.330.790.480.450.860.190.820.35-0.440.250.35
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Ralph Lauren Account Relationship Matchups

Ralph Lauren fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.3B7.9B7.7B6.8B6.6B4.8B
Short Long Term Debt Total3.0B3.2B3.4B2.9B2.7B2.8B
Other Current Liab767.6M843.7M955.1M761.2M773.2M571.3M
Total Current Liabilities2.1B1.6B2.3B1.5B1.5B1.0B
Total Stockholder Equity2.7B2.6B2.5B2.4B2.5B2.6B
Property Plant And Equipment Net2.5B2.3B2.1B2.1B1.9B1.1B
Net Debt1.4B651.3M1.5B1.3B1.0B1.1B
Accounts Payable246.8M355.9M448.7M371.6M332.2M220.5M
Cash1.6B2.6B1.9B1.5B1.7B1.7B
Non Current Assets Total3.9B3.7B3.5B3.5B3.2B2.3B
Non Currrent Assets Other55.3M68.7M99.2M122.4M82M107.0M
Cash And Short Term Investments2.1B2.8B2.6B1.6B1.8B1.1B
Net Receivables361.9M505.9M469.1M498.4M561M485.1M
Common Stock Shares Outstanding77.2M73.5M74.3M69M66.5M73.8M
Liabilities And Stockholders Equity7.3B7.9B7.7B6.8B6.6B4.8B
Non Current Liabilities Total2.5B3.7B2.9B2.9B2.7B2.8B
Inventory736.2M759M977.3M1.1B902.2M715.8M
Other Current Assets8.9M100.6M236.2M239.4M113.4M192.1M
Total Liab4.6B5.3B5.2B4.4B4.2B2.2B
Total Current Assets3.4B4.2B4.2B3.3B3.4B2.5B
Short Term Debt1.1B322.6M781.6M287M264.7M251.7M
Retained Earnings6.0B5.9B6.3B6.6B7.1B3.8B
Other Stockholder Equity(3.2B)(3.1B)(3.6B)(4.0B)(4.3B)(4.1B)
Property Plant And Equipment Gross2.5B2.3B2.1B2.1B4.3B4.5B
Accumulated Other Comprehensive Income(118.2M)(120.8M)(180.3M)(196M)(276.1M)(262.3M)
Good Will915.5M934.6M908.7M898.9M888.1M827.4M
Other Liab547.9M340.7M400.4M322.7M371.1M359.2M
Other Assets357.1M370.3M415M377.5M434.1M253.1M
Long Term Debt396.4M1.6B1.1B1.1B1.1B1.2B
Treasury Stock(5.8B)(5.8B)(6.3B)(6.8B)(6.1B)(5.8B)
Intangible Assets141M121.1M102.9M88.9M75.7M71.9M
Property Plant Equipment979.5M2.3B969.5M955.5M1.1B970.2M
Short Term Investments495.9M197.5M734.6M36.4M121M115.0M
Current Deferred Revenue14.6M12M16.5M14M17.3M16.4M
Net Tangible Assets1.6B1.5B1.5B1.4B1.3B1.7B
Retained Earnings Total Equity6.0B5.9B6.3B6.6B7.6B6.0B
Long Term Debt Total396.4M1.6B1.1B1.1B1.3B699.5M
Capital Surpluse2.6B2.7B2.7B2.8B3.2B2.5B

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ralph Lauren Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
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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 Ralph Lauren. If investors know Ralph 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 Ralph Lauren 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
0.055
Dividend Share
3.15
Earnings Share
10.48
Revenue Per Share
105.644
Quarterly Revenue Growth
0.057
The market value of Ralph Lauren Corp is measured differently than its book value, which is the value of Ralph that is recorded on the company's balance sheet. Investors also form their own opinion of Ralph Lauren's value that differs from its market value or its book value, called intrinsic value, which is Ralph Lauren'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 Ralph Lauren's market value can be influenced by many factors that don't directly affect Ralph Lauren'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 Ralph Lauren's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ralph Lauren is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ralph Lauren'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.