Bath Reconciled Depreciation vs Total Operating Expenses Analysis

BBWI Stock  USD 45.97  2.14  4.88%   
Bath Body financial indicator trend analysis is way more than just evaluating Bath Body Works prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bath Body Works is a good investment. Please check the relationship between Bath Body Reconciled Depreciation and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bath Body Works. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.

Reconciled Depreciation vs Total Operating Expenses

Reconciled Depreciation vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bath Body Works Reconciled Depreciation account and Total Operating Expenses. At this time, the significance of the direction appears to have weak relationship.
The correlation between Bath Body's Reconciled Depreciation and Total Operating Expenses is 0.31. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Bath Body Works, assuming nothing else is changed. The correlation between historical values of Bath Body's Reconciled Depreciation and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Bath Body Works are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Reconciled Depreciation i.e., Bath Body's Reconciled Depreciation and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Reconciled Depreciation

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Bath Body's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bath Body Works 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 Bath Body Works. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
As of now, Bath Body's Enterprise Value Multiple is increasing as compared to previous years. The Bath Body's current Enterprise Value is estimated to increase to about 5.7 B, while Discontinued Operations is projected to decrease to under 5.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.9B3.3B3.2B3.4B
Total Revenue7.9B7.6B7.4B9.2B

Bath Body fundamental ratios Correlations

0.870.90.99-0.120.860.71-0.20.820.960.020.820.8-0.650.910.890.550.140.940.930.890.58-0.33-0.270.63-0.53
0.870.620.86-0.430.90.84-0.490.750.85-0.230.750.69-0.710.980.620.20.280.970.770.640.68-0.58-0.280.35-0.64
0.90.620.910.160.630.410.130.740.820.230.740.7-0.460.720.890.65-0.080.770.870.920.34-0.03-0.150.77-0.29
0.990.860.91-0.10.850.7-0.190.780.960.060.780.79-0.630.910.90.540.160.940.90.890.58-0.31-0.230.67-0.5
-0.12-0.430.16-0.1-0.32-0.710.88-0.05-0.170.72-0.05-0.30.54-0.360.00.18-0.24-0.31-0.040.02-0.320.790.470.490.67
0.860.90.630.85-0.320.87-0.470.610.91-0.220.610.64-0.470.860.680.20.410.870.680.610.76-0.36-0.020.37-0.42
0.710.840.410.7-0.710.87-0.760.440.79-0.420.440.67-0.670.80.590.190.40.790.530.50.72-0.67-0.350.1-0.7
-0.2-0.490.13-0.190.88-0.47-0.76-0.09-0.260.72-0.09-0.330.43-0.39-0.070.18-0.66-0.36-0.090.01-0.470.770.250.430.59
0.820.750.740.78-0.050.610.44-0.090.62-0.121.00.51-0.480.750.560.240.040.770.950.610.46-0.25-0.190.33-0.38
0.960.850.820.96-0.170.910.79-0.260.620.040.620.81-0.630.90.90.550.20.930.780.860.61-0.34-0.240.66-0.52
0.02-0.230.230.060.72-0.22-0.420.72-0.120.04-0.12-0.150.1-0.130.210.45-0.38-0.09-0.020.21-0.040.490.00.680.28
0.820.750.740.78-0.050.610.44-0.091.00.62-0.120.51-0.480.750.560.240.040.770.950.610.46-0.25-0.190.33-0.38
0.80.690.70.79-0.30.640.67-0.330.510.81-0.150.51-0.740.790.830.660.150.80.690.880.2-0.51-0.450.5-0.67
-0.65-0.71-0.46-0.630.54-0.47-0.670.43-0.48-0.630.1-0.48-0.74-0.78-0.58-0.470.04-0.76-0.58-0.63-0.290.830.83-0.310.96
0.910.980.720.91-0.360.860.8-0.390.750.9-0.130.750.79-0.780.720.370.181.00.820.770.58-0.56-0.350.48-0.67
0.890.620.890.90.00.680.59-0.070.560.90.210.560.83-0.580.720.80.070.770.780.950.39-0.19-0.320.75-0.45
0.550.20.650.540.180.20.190.180.240.550.450.240.66-0.470.370.8-0.150.410.480.8-0.02-0.07-0.420.69-0.35
0.140.28-0.080.16-0.240.410.4-0.660.040.2-0.380.040.150.040.180.07-0.150.180.04-0.040.43-0.310.28-0.16-0.11
0.940.970.770.94-0.310.870.79-0.360.770.93-0.090.770.8-0.761.00.770.410.180.850.810.59-0.52-0.330.53-0.65
0.930.770.870.9-0.040.680.53-0.090.950.78-0.020.950.69-0.580.820.780.480.040.850.810.47-0.27-0.290.51-0.47
0.890.640.920.890.020.610.50.010.610.860.210.610.88-0.630.770.950.8-0.040.810.810.23-0.22-0.350.78-0.47
0.580.680.340.58-0.320.760.72-0.470.460.61-0.040.460.2-0.290.580.39-0.020.430.590.470.23-0.27-0.010.12-0.29
-0.33-0.58-0.03-0.310.79-0.36-0.670.77-0.25-0.340.49-0.25-0.510.83-0.56-0.19-0.07-0.31-0.52-0.27-0.22-0.270.680.160.93
-0.27-0.28-0.15-0.230.47-0.02-0.350.25-0.19-0.240.0-0.19-0.450.83-0.35-0.32-0.420.28-0.33-0.29-0.35-0.010.68-0.110.84
0.630.350.770.670.490.370.10.430.330.660.680.330.5-0.310.480.750.69-0.160.530.510.780.120.16-0.11-0.1
-0.53-0.64-0.29-0.50.67-0.42-0.70.59-0.38-0.520.28-0.38-0.670.96-0.67-0.45-0.35-0.11-0.65-0.47-0.47-0.290.930.84-0.1
Click cells to compare fundamentals

Bath Body Account Relationship Matchups

Bath Body fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.1B11.6B6.0B5.5B5.5B6.2B
Short Long Term Debt Total9.1B9.5B6.0B6.1B5.6B2.9B
Other Current Liab856M1.2B537M552M530M707.7M
Total Current Liabilities2.4B2.8B1.3B1.4B1.3B1.4B
Total Stockholder Equity(1.5B)(662M)(1.5B)(2.2B)(1.6B)(1.5B)
Property Plant And Equipment Net5.5B4.7B2.0B2.2B2.3B2.1B
Net Debt7.6B5.6B4.0B4.8B4.5B4.7B
Retained Earnings(2.2B)(1.4B)(1.8B)(2.4B)(1.8B)(1.7B)
Cash1.5B3.9B2.0B1.2B1.1B1.2B
Non Current Assets Total6.9B6.0B3.0B3.2B3.3B3.4B
Non Currrent Assets Other100M112M23M31M15M14.3M
Cash And Short Term Investments1.5B3.9B2.0B1.2B1.1B1.2B
Net Receivables306M269M240M226M224M240.9M
Common Stock Shares Outstanding276M281M273M233M229M376.6M
Liabilities And Stockholders Equity10.1B11.6B6.0B5.5B5.5B6.2B
Non Current Liabilities Total9.2B9.4B6.3B6.3B5.8B3.5B
Inventory1.2B1.3B1.3B709M710M1.1B
Other Current Assets153M134M81M99M97M179.3M
Other Stockholder Equity489M533M71M(4M)15M15.8M
Total Liab11.6B12.2B7.5B7.7B7.1B4.9B
Total Current Assets3.2B5.6B3.0B2.3B2.1B2.8B
Short Term Debt539M594M170M177M181M216.8M
Common Stock142M143M134M122M120M148.6M
Current Deferred Revenue330M361M148M195M198M206.4M
Common Stock Total Equity142M143M134M122M109.8M148.7M
Property Plant And Equipment Gross5.5B4.7B3.6B2.2B4.2B2.7B
Accumulated Other Comprehensive Income52M83M80M78M75M78.8M
Other Liab696M524M410M444M399.6M592.9M
Net Tangible Assets(2.5B)(1.7B)(2.5B)(2.0B)(2.3B)(2.4B)
Other Assets164M184M181M68M61.2M105.1M
Long Term Debt5.5B6.4B4.9B4.9B4.4B4.3B
Net Invested Capital4.0B5.7B3.3B4.9B2.8B3.5B
Non Current Liabilities Other490M311M253M276M261M402.2M
Net Working Capital873M2.8B1.7B887M826M1.1B
Property Plant Equipment5.5B4.7B1.0B1.2B1.1B1.0B

Pair Trading with Bath Body

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 Bath Body 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 Bath Body will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bath Stock

  0.61W WayfairPairCorr
The ability to find closely correlated positions to Bath Body could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bath Body 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 Bath Body - 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 Bath Body Works to buy it.
The correlation of Bath Body 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 Bath Body moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bath Body Works 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 Bath Body 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 Bath Body Works offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bath Body's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bath Body Works Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bath Body Works Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bath Body Works. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Bath Body's price analysis, check to measure Bath Body's 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 Bath Body is operating at the current time. Most of Bath Body's value examination focuses on studying past and present price action to predict the probability of Bath Body's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bath Body's price. Additionally, you may evaluate how the addition of Bath Body to your portfolios can decrease your overall portfolio volatility.
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Is Bath Body'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 Bath Body. If investors know Bath 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 Bath Body 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
0.352
Dividend Share
0.8
Earnings Share
3.84
Revenue Per Share
32.583
Quarterly Revenue Growth
0.008
The market value of Bath Body Works is measured differently than its book value, which is the value of Bath that is recorded on the company's balance sheet. Investors also form their own opinion of Bath Body's value that differs from its market value or its book value, called intrinsic value, which is Bath Body'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 Bath Body's market value can be influenced by many factors that don't directly affect Bath Body'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 Bath Body's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bath Body is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bath Body'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.