Abercrombie Property Plant And Equipment Gross vs Total Current Liabilities Analysis

ANF Stock  USD 129.71  2.62  1.98%   
Abercrombie Fitch financial indicator trend analysis is way more than just evaluating Abercrombie Fitch prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abercrombie Fitch is a good investment. Please check the relationship between Abercrombie Fitch Property Plant And Equipment Gross and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abercrombie Fitch. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Abercrombie Stock please use our How to Invest in Abercrombie Fitch guide.

Property Plant And Equipment Gross vs Total Current Liabilities

Property Plant And Equipment Gross vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abercrombie Fitch Property Plant And Equipment Gross account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Abercrombie Fitch's Property Plant And Equipment Gross and Total Current Liabilities is 0.5. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Abercrombie Fitch, assuming nothing else is changed. The correlation between historical values of Abercrombie Fitch's Property Plant And Equipment Gross and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Abercrombie Fitch are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant And Equipment Gross i.e., Abercrombie Fitch's Property Plant And Equipment Gross and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Gross

Total Current Liabilities

Total Current Liabilities is an item on Abercrombie Fitch balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Abercrombie Fitch are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Abercrombie Fitch's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Abercrombie Fitch 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Abercrombie Fitch. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Abercrombie Stock please use our How to Invest in Abercrombie Fitch guide.At this time, Abercrombie Fitch's Tax Provision is most likely to increase significantly in the upcoming years. The Abercrombie Fitch's current Sales General And Administrative To Revenue is estimated to increase to 0.12, while Selling General Administrative is projected to decrease to roughly 134 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.3B2.1B2.6B1.9B
Total Revenue3.7B3.7B4.3B3.1B

Abercrombie Fitch fundamental ratios Correlations

0.490.830.840.580.920.230.830.70.810.950.60.820.780.83-0.540.720.850.66-0.60.810.430.920.850.810.56
0.490.390.69-0.360.660.910.140.640.510.53-0.240.50.230.37-0.710.90.17-0.03-0.630.870.560.370.30.350.78
0.830.390.860.460.730.150.660.730.680.720.30.720.70.7-0.470.520.850.51-0.50.680.460.850.690.710.55
0.840.690.860.160.820.470.620.910.820.750.140.820.680.71-0.720.80.70.43-0.690.920.50.840.650.680.77
0.58-0.360.460.160.37-0.580.710.030.320.520.870.360.550.560.1-0.110.680.7-0.08-0.010.130.580.680.6-0.17
0.920.660.730.820.370.50.610.60.650.980.410.660.660.64-0.490.830.650.44-0.510.870.480.720.660.630.74
0.230.910.150.47-0.580.5-0.130.410.160.36-0.390.140.020.05-0.530.8-0.06-0.24-0.40.710.340.03-0.020.020.71
0.830.140.660.620.710.61-0.130.580.690.720.780.690.760.93-0.580.40.90.93-0.680.510.280.870.940.890.1
0.70.640.730.910.030.60.410.580.810.550.080.810.560.69-0.760.720.650.41-0.740.830.350.790.60.630.63
0.810.510.680.820.320.650.160.690.810.640.30.990.590.77-0.640.670.630.47-0.630.760.390.910.710.730.48
0.950.530.720.750.520.980.360.720.550.640.590.650.70.7-0.450.760.730.57-0.490.790.420.760.740.680.61
0.6-0.240.30.140.870.41-0.390.780.080.30.590.310.50.57-0.050.090.690.79-0.20.11-0.060.540.690.56-0.21
0.820.50.720.820.360.660.140.690.810.990.650.310.610.79-0.620.650.650.46-0.620.750.440.930.730.760.5
0.780.230.70.680.550.660.020.760.560.590.70.50.610.72-0.470.440.740.65-0.50.560.240.770.760.70.45
0.830.370.70.710.560.640.050.930.690.770.70.570.790.72-0.750.50.830.81-0.840.610.570.890.950.990.25
-0.54-0.71-0.47-0.720.1-0.49-0.53-0.58-0.76-0.64-0.45-0.05-0.62-0.47-0.75-0.7-0.47-0.470.95-0.74-0.52-0.59-0.63-0.7-0.4
0.720.90.520.8-0.110.830.80.40.720.670.760.090.650.440.5-0.70.410.2-0.610.970.370.580.450.440.77
0.850.170.850.70.680.65-0.060.90.650.630.730.690.650.740.83-0.470.410.82-0.580.550.250.880.870.810.23
0.66-0.030.510.430.70.44-0.240.930.410.470.570.790.460.650.81-0.470.20.82-0.620.30.140.690.850.78-0.1
-0.6-0.63-0.5-0.69-0.08-0.51-0.4-0.68-0.74-0.63-0.49-0.2-0.62-0.5-0.840.95-0.61-0.58-0.62-0.67-0.56-0.65-0.77-0.81-0.32
0.810.870.680.92-0.010.870.710.510.830.760.790.110.750.560.61-0.740.970.550.3-0.670.440.710.550.560.81
0.430.560.460.50.130.480.340.280.350.390.42-0.060.440.240.57-0.520.370.250.14-0.560.440.390.450.650.44
0.920.370.850.840.580.720.030.870.790.910.760.540.930.770.89-0.590.580.880.69-0.650.710.390.880.860.42
0.850.30.690.650.680.66-0.020.940.60.710.740.690.730.760.95-0.630.450.870.85-0.770.550.450.880.950.21
0.810.350.710.680.60.630.020.890.630.730.680.560.760.70.99-0.70.440.810.78-0.810.560.650.860.950.24
0.560.780.550.77-0.170.740.710.10.630.480.61-0.210.50.450.25-0.40.770.23-0.1-0.320.810.440.420.210.24
Click cells to compare fundamentals

Abercrombie Fitch Account Relationship Matchups

Abercrombie Fitch fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6B3.3B2.9B2.7B3.0B2.3B
Short Long Term Debt Total1.8B1.6B1.2B1.2B1.0B1.1B
Other Current Liab312.6M421.2M417.6M429.3M436.7M299.8M
Total Current Liabilities815.4M959.4M1.0B902.2M966.8M542.9M
Total Stockholder Equity1.1B936.6M826.1M694.8M1.0B1.2B
Property Plant And Equipment Net1.9B1.4B1.2B1.3B1.2B955.9M
Net Debt1.1B445.5M400.5M706.6M147.5M154.9M
Retained Earnings2.3B2.1B2.4B2.4B2.6B1.9B
Accounts Payable219.9M289.4M374.8M258.9M297.0M154.4M
Cash671.3M1.1B823.1M517.6M900.9M514.8M
Non Current Assets Total2.3B1.7B1.4B1.5B1.4B1.2B
Non Currrent Assets Other375.2M193.9M213.9M200.0M211.9M202.0M
Cash And Short Term Investments671.3M1.1B823.1M517.6M900.9M579.4M
Net Receivables80.3M83.9M69.1M104.5M78.3M60.2M
Common Stock Shares Outstanding65.8M62.6M62.6M52.3M52.7M67.0M
Liabilities And Stockholders Equity3.6B3.3B2.9B2.7B3.0B2.3B
Non Current Liabilities Total1.7B1.4B1.1B1.1B957.4M543.3M
Inventory434.3M404.1M525.9M505.6M469.5M359.9M
Other Current Assets78.9M68.9M89.7M100.3M88.6M75.6M
Other Stockholder Equity(1.1B)(1.1B)(1.4B)(1.5B)(1.5B)(1.4B)
Total Liab2.5B2.4B2.1B2.0B1.9B1.1B
Property Plant And Equipment Gross1.9B1.4B1.2B1.3B3.2B3.3B
Total Current Assets1.3B1.7B1.5B1.2B1.5B1.1B
Accumulated Other Comprehensive Income(108.9M)(102.3M)(114.7M)(137.5M)(136.0M)(142.8M)
Short Term Debt282.8M248.8M222.8M214.0M179.6M125.0M
Net Tangible Assets1.1B936.6M826.1M694.8M625.4M1.1B
Long Term Debt232.0M343.9M303.6M296.9M222.1M247.4M
Retained Earnings Total Equity2.3B2.1B2.4B2.4B2.1B1.9B
Long Term Debt Total232.0M343.9M303.6M296.9M341.4M247.7M
Capital Surpluse405.0M401.3M413.2M416.3M478.7M443.1M
Treasury Stock(1.6B)(1.5B)(1.9B)(2.0B)(1.8B)(1.8B)
Non Current Liabilities Other1.4B1.1B86.1M94.1M88.7M84.2M
Property Plant Equipment665.3M550.6M1.2B1.3B1.1B780.6M
Noncontrolling Interest In Consolidated Entity12.4M12.7M11.2M11.7M13.5M12.0M

Pair Trading with Abercrombie Fitch

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Abercrombie Fitch position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Abercrombie Fitch will appreciate offsetting losses from the drop in the long position's value.

Moving together with Abercrombie Stock

  0.72AEO American Eagle Outfitters Financial Report 22nd of May 2024 PairCorr
The ability to find closely correlated positions to Abercrombie Fitch could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Abercrombie Fitch when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Abercrombie Fitch - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Abercrombie Fitch to buy it.
The correlation of Abercrombie Fitch is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Abercrombie Fitch moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Abercrombie Fitch moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Abercrombie Fitch can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Abercrombie Fitch is a strong investment it is important to analyze Abercrombie Fitch's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Abercrombie Fitch's future performance. For an informed investment choice regarding Abercrombie Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abercrombie Fitch. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Abercrombie Stock please use our How to Invest in Abercrombie Fitch guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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Is Abercrombie Fitch's industry 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 Abercrombie Fitch. If investors know Abercrombie 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 Abercrombie Fitch 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
2.99
Earnings Share
6.22
Revenue Per Share
85.188
Quarterly Revenue Growth
0.211
Return On Assets
0.1079
The market value of Abercrombie Fitch is measured differently than its book value, which is the value of Abercrombie that is recorded on the company's balance sheet. Investors also form their own opinion of Abercrombie Fitch's value that differs from its market value or its book value, called intrinsic value, which is Abercrombie Fitch'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 Abercrombie Fitch's market value can be influenced by many factors that don't directly affect Abercrombie Fitch'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 Abercrombie Fitch's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abercrombie Fitch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abercrombie Fitch'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.