Ross Income Tax Expense from 2010 to 2024
| ROST Stock | USD 148.69 1.69 1.12% |
Income Tax Expense | First Reported 1990-04-30 | Previous Quarter 186.6 M | Current Value 149.1 M | Quarterly Volatility 60.6 M |
Check Ross Stores financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ross Stores' main balance sheet or income statement drivers, such as Depreciation And Amortization of 440.4 M, Interest Expense of 77.8 M or Total Revenue of 21.4 B, as well as many indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.0089 or PTB Ratio of 8.32. Ross financial statements analysis is a perfect complement when working with Ross Stores Valuation or Volatility modules.
Ross | Income Tax Expense |
Latest Ross Stores' Income Tax Expense Growth Pattern
Below is the plot of the Income Tax Expense of Ross Stores over the last few years. It is Ross Stores' Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ross Stores' overall financial position and show how it may be relating to other accounts over time.
| Income Tax Expense | 10 Years Trend |
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Income Tax Expense |
| Timeline |
Ross Income Tax Expense Regression Statistics
| Arithmetic Mean | 473,709,870 | |
| Geometric Mean | 312,229,114 | |
| Coefficient Of Variation | 42.88 | |
| Mean Deviation | 134,750,864 | |
| Median | 506,006,000 | |
| Standard Deviation | 203,103,500 | |
| Sample Variance | 41251T | |
| Range | 674.1M | |
| R-Value | 0.29 | |
| Mean Square Error | 40709.5T | |
| R-Squared | 0.08 | |
| Significance | 0.30 | |
| Slope | 13,132,733 | |
| Total Sum of Squares | 577514.4T |
Ross Income Tax Expense History
About Ross Stores Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Ross Stores income statement, its balance sheet, and the statement of cash flows. Ross Stores investors use historical funamental indicators, such as Ross Stores's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Ross Stores investors may use each financial statement separately, they are all related. The changes in Ross Stores's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ross Stores's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ross Stores Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ross Stores. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Income Tax Expense | 597.3 M | 627.1 M |
Pair Trading with Ross Stores
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 Ross Stores 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 Ross Stores will appreciate offsetting losses from the drop in the long position's value.Moving against Ross Stock
The ability to find closely correlated positions to Ross Stores could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ross Stores 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 Ross Stores - 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 Ross Stores to buy it.
The correlation of Ross Stores 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 Ross Stores moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ross Stores 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 Ross Stores 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.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.