Foot Selling General Administrative vs Minority Interest Analysis

FL Stock  USD 21.98  0.05  0.23%   
Foot Locker financial indicator trend analysis is much more than just examining Foot Locker latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foot Locker is a good investment. Please check the relationship between Foot Locker Selling General Administrative and its Minority Interest accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foot Locker. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Foot Stock please use our How to buy in Foot Stock guide.

Selling General Administrative vs Minority Interest

Selling General Administrative vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foot Locker Selling General Administrative account and Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Foot Locker's Selling General Administrative and Minority Interest is -0.46. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Foot Locker, assuming nothing else is changed. The correlation between historical values of Foot Locker's Selling General Administrative and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Foot Locker are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Selling General Administrative i.e., Foot Locker's Selling General Administrative and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Selling General Administrative

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Foot Locker whose combined shares represent less than 50% of the total outstanding shares issued by Foot Locker have a minority interest in Foot Locker.
Most indicators from Foot Locker's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foot Locker 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foot Locker. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Foot Stock please use our How to buy in Foot Stock guide.The value of Selling General Administrative is expected to slide to about 1.5 B. Tax Provision is expected to rise to about (88.3 M) this year
 2021 2022 2023 2024 (projected)
Gross Profit3.1B2.8B2.1B1.7B
Total Revenue9.0B8.8B8.2B5.5B

Foot Locker fundamental ratios Correlations

0.890.360.950.770.890.820.50.090.91-0.050.08-0.820.90.310.40.540.980.360.850.260.580.690.660.050.77
0.890.440.860.481.00.970.22-0.070.98-0.1-0.07-0.860.990.080.210.490.930.120.910.30.670.590.73-0.170.96
0.360.440.58-0.10.430.490.06-0.320.410.13-0.34-0.440.40.19-0.320.250.48-0.390.140.820.440.590.29-0.510.39
0.950.860.580.60.850.790.390.070.86-0.010.06-0.80.850.220.180.530.960.210.790.510.560.710.58-0.160.72
0.770.48-0.10.60.480.370.810.330.57-0.190.32-0.450.520.410.640.370.620.730.54-0.210.360.430.510.590.36
0.891.00.430.850.480.960.21-0.040.97-0.05-0.04-0.890.990.080.250.480.930.160.910.290.630.60.7-0.170.95
0.820.970.490.790.370.960.13-0.290.97-0.05-0.3-0.870.970.190.210.520.88-0.060.840.380.780.640.8-0.270.97
0.50.220.060.390.810.210.130.320.31-0.330.31-0.150.250.40.450.070.360.640.12-0.210.220.250.330.750.11
0.09-0.07-0.320.070.33-0.04-0.290.32-0.13-0.221.00.2-0.09-0.53-0.05-0.290.010.780.12-0.46-0.59-0.37-0.450.48-0.21
0.910.980.410.860.570.970.970.31-0.13-0.06-0.13-0.880.990.190.320.530.930.150.890.30.770.630.83-0.110.94
-0.05-0.10.13-0.01-0.19-0.05-0.05-0.33-0.22-0.06-0.23-0.15-0.030.120.240.110.0-0.17-0.050.320.010.23-0.08-0.4-0.07
0.08-0.07-0.340.060.32-0.04-0.30.311.0-0.13-0.230.22-0.09-0.55-0.05-0.290.00.780.12-0.47-0.59-0.38-0.450.48-0.21
-0.82-0.86-0.44-0.8-0.45-0.89-0.87-0.150.2-0.88-0.150.22-0.89-0.32-0.44-0.57-0.85-0.12-0.82-0.42-0.66-0.81-0.70.25-0.87
0.90.990.40.850.520.990.970.25-0.090.99-0.03-0.09-0.890.140.30.510.930.150.910.280.690.610.76-0.140.95
0.310.080.190.220.410.080.190.4-0.530.190.12-0.55-0.320.140.510.540.25-0.04-0.030.220.440.630.410.110.08
0.40.21-0.320.180.640.250.210.45-0.050.320.24-0.05-0.440.30.510.20.280.510.3-0.30.290.450.430.490.29
0.540.490.250.530.370.480.520.07-0.290.530.11-0.29-0.570.510.540.20.540.030.510.340.510.520.51-0.320.4
0.980.930.480.960.620.930.880.360.010.930.00.0-0.850.930.250.280.540.210.860.380.590.70.64-0.120.82
0.360.12-0.390.210.730.16-0.060.640.780.15-0.170.78-0.120.15-0.040.510.030.210.29-0.55-0.23-0.01-0.030.730.03
0.850.910.140.790.540.910.840.120.120.89-0.050.12-0.820.91-0.030.30.510.860.290.140.530.480.63-0.130.85
0.260.30.820.51-0.210.290.38-0.21-0.460.30.32-0.47-0.420.280.22-0.30.340.38-0.550.140.420.530.24-0.770.24
0.580.670.440.560.360.630.780.22-0.590.770.01-0.59-0.660.690.440.290.510.59-0.230.530.420.630.97-0.20.72
0.690.590.590.710.430.60.640.25-0.370.630.23-0.38-0.810.610.630.450.520.7-0.010.480.530.630.6-0.190.61
0.660.730.290.580.510.70.80.33-0.450.83-0.08-0.45-0.70.760.410.430.510.64-0.030.630.240.970.6-0.020.78
0.05-0.17-0.51-0.160.59-0.17-0.270.750.48-0.11-0.40.480.25-0.140.110.49-0.32-0.120.73-0.13-0.77-0.2-0.19-0.02-0.18
0.770.960.390.720.360.950.970.11-0.210.94-0.07-0.21-0.870.950.080.290.40.820.030.850.240.720.610.78-0.18
Click cells to compare fundamentals

Foot Locker Account Relationship Matchups

Foot Locker fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6B7.0B8.1B7.9B6.9B4.3B
Short Long Term Debt Total3.3B3.2B3.4B3.2B2.9B3.1B
Other Current Liab300M511M524M529M397M303.8M
Total Current Liabilities1.2B1.6B1.7B1.6B1.3B752.0M
Total Stockholder Equity2.5B2.8B3.2B3.3B2.9B2.2B
Property Plant And Equipment Net3.7B3.5B3.5B3.4B3.1B3.3B
Net Debt2.4B1.5B2.6B2.7B2.6B2.8B
Retained Earnings2.1B2.3B2.9B2.9B2.5B1.9B
Cash907M1.7B804M536M297M493.1M
Non Current Assets Total4.2B4.2B5.8B5.4B4.6B4.9B
Non Currrent Assets Other84M90M121M92M82.8M78.7M
Cash And Short Term Investments907M1.7B804M536M297M519.0M
Common Stock Shares Outstanding109.1M105.1M103.8M95.5M94.2M107.2M
Liabilities And Stockholders Equity6.6B7.0B8.1B7.9B6.9B4.3B
Non Current Liabilities Total2.9B2.6B3.1B3.0B2.7B2.8B
Inventory1.2B923M1.3B1.6B1.5B1.0B
Other Current Assets271M230M306M342M419M287.7M
Other Stockholder Equity7M2M(84M)3.3B(2M)(1.9M)
Total Liab4.1B4.3B4.9B4.6B4.0B2.1B
Total Current Assets2.4B2.8B2.4B2.5B2.2B2.2B
Short Term Debt518M682M578M550M497M521.9M
Accounts Payable333M400M596M492M366M310.9M
Intangible Assets20M17M454M426M399M419.0M
Net Receivables101M125M136M160M184M92.3M
Property Plant And Equipment Gross3.7B3.5B3.5B3.4B4.7B4.9B
Accumulated Other Comprehensive Income(370M)(394M)(331M)(343M)(392M)(384.3M)
Other Liab122M116M331M328M295.2M251.9M
Other Assets162M189M207M182M163.8M230.5M
Long Term Debt122M8M451M446M442M464.1M
Treasury Stock(63M)(37M)(3M)(88M)(79.2M)(83.2M)
Property Plant Equipment824M3.5B3.5B3.4B3.9B4.1B
Net Tangible Assets2.3B2.6B2.0B2.1B2.4B2.5B
Long Term Debt Total122M8M451M446M512.9M538.5M
Deferred Long Term Liab7M5M3M2M2.3M2.2M
Non Current Liabilities Other2.8B116M331M328M32M30.4M

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When determining whether Foot Locker is a strong investment it is important to analyze Foot Locker'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 Foot Locker's future performance. For an informed investment choice regarding Foot Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foot Locker. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Foot Stock please use our How to buy in Foot Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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Is Foot Locker'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 Foot Locker. If investors know Foot 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 Foot Locker 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
(0.71)
Dividend Share
1.2
Earnings Share
(3.51)
Revenue Per Share
86.709
Quarterly Revenue Growth
0.02
The market value of Foot Locker is measured differently than its book value, which is the value of Foot that is recorded on the company's balance sheet. Investors also form their own opinion of Foot Locker's value that differs from its market value or its book value, called intrinsic value, which is Foot Locker'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 Foot Locker's market value can be influenced by many factors that don't directly affect Foot Locker'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 Foot Locker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Foot Locker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Foot Locker'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.