ROST Stock | | | USD 142.96 3.64 2.61% |
Ross Stores financial indicator trend analysis is much more than just breaking down Ross Stores prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ross Stores is a good investment. Please check the relationship between Ross Stores Other Stockholder Equity and its Property Plant And Equipment Net accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ross Stores. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy Ross Stock please use our
How to Invest in Ross Stores guide.
Other Stockholder Equity vs Property Plant And Equipment Net
Other Stockholder Equity 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
Ross Stores Other Stockholder Equity account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ross Stores' Other Stockholder Equity and Property Plant And Equipment Net is 0.86. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Ross Stores, assuming nothing else is changed. The correlation between historical values of Ross Stores' Other Stockholder Equity 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 Other Stockholder Equity of Ross Stores 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 Other Stockholder Equity i.e., Ross Stores' Other Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Stockholder Equity
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 Ross Stores' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ross Stores 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 Ross Stores. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy Ross Stock please use our
How to Invest in Ross Stores guide.
Selling General Administrative is likely to gain to about 3.4
B in 2024, whereas
Tax Provision is likely to drop slightly above 476
M in 2024.
Ross Stores fundamental ratios Correlations
Click cells to compare fundamentals
Ross Stores Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ross Stores fundamental ratios Accounts
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Additional Tools for Ross Stock Analysis
When running Ross Stores' price analysis, check to
measure Ross Stores' 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 Ross Stores is operating at the current time. Most of Ross Stores' value examination focuses on studying past and present price action to
predict the probability of Ross Stores' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ross Stores' price. Additionally, you may evaluate how the addition of Ross Stores to your portfolios can decrease your overall portfolio volatility.