Capri Asset Turnover vs Current Ratio Analysis

CPRI Stock

USD 39.33 0.02 0.05%

Capri Holdings financial indicator trend analysis is way more than just evaluating Capri Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Capri Holdings is a good investment. Please check the relationship between Capri Holdings Asset Turnover and its Current Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capri Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in Capri Stock please use our How to Invest in Capri Holdings guide.

Asset Turnover vs Current Ratio

Asset Turnover vs Current Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Capri Holdings Asset Turnover account and Current Ratio. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Capri Holdings' Asset Turnover and Current Ratio is 0.93. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Current Ratio in the same time period over historical financial statements of Capri Holdings, assuming nothing else is changed. The correlation between historical values of Capri Holdings' Asset Turnover and Current Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Capri Holdings are associated (or correlated) with its Current Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Ratio has no effect on the direction of Asset Turnover i.e., Capri Holdings' Asset Turnover and Current Ratio go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.

Most indicators from Capri Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Capri Holdings 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 Capri Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in Capri Stock please use our How to Invest in Capri Holdings guide.As of now, Capri Holdings' Enterprise Value Over EBITDA is increasing as compared to previous years. The Capri Holdings' current Enterprise Value Multiple is estimated to increase to 14.51, while Selling General Administrative is projected to decrease to under 1.5 B.

	2021	2022	2023	2024 (projected)
Gross Profit	3.7B	3.7B	4.3B	2.5B
Total Revenue	5.7B	5.6B	6.5B	4.1B

Gross Profit Total Revenue

Capri Holdings fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Inventory	Other Current Assets	Total Liab	Preferred Stock Total Equity	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total
Common Stock Shares Outstanding		-0.81	-0.82	-0.85	-0.39	-0.91	-0.88	-0.88	0.57	-0.9	-0.89	-0.89	-0.78	-0.78	-0.9	0.47	-0.9	-0.7	-0.88	-0.8	-0.92	-0.9	-0.89	0.57	-0.51	-0.89
Total Assets	-0.81		0.93	0.98	0.74	0.88	0.82	0.9	-0.17	0.86	0.91	0.91	0.94	0.93	0.9	-0.16	0.9	0.49	0.88	0.84	0.86	0.92	0.86	-0.17	0.81	0.88
Other Current Liab	-0.82	0.93		0.96	0.78	0.87	0.86	0.88	-0.27	0.81	0.83	0.87	0.95	0.96	0.81	-0.16	0.88	0.5	0.76	0.72	0.76	0.86	0.83	-0.28	0.84	0.77
Total Current Liabilities	-0.85	0.98	0.96		0.7	0.9	0.83	0.9	-0.32	0.86	0.92	0.93	0.92	0.94	0.89	-0.15	0.93	0.46	0.86	0.79	0.86	0.92	0.87	-0.32	0.77	0.86
Total Stockholder Equity	-0.39	0.74	0.78	0.7		0.59	0.71	0.65	0.31	0.54	0.54	0.6	0.8	0.81	0.55	-0.07	0.61	0.32	0.5	0.55	0.43	0.61	0.57	0.3	0.95	0.51
Other Liab	-0.91	0.88	0.87	0.9	0.59		0.93	0.98	-0.35	0.98	0.87	0.96	0.84	0.85	0.98	-0.54	0.96	0.73	0.95	0.89	0.95	0.98	0.99	-0.35	0.71	0.96
Retained Earnings	-0.88	0.82	0.86	0.83	0.71	0.93		0.92	-0.22	0.91	0.81	0.86	0.87	0.86	0.89	-0.56	0.87	0.8	0.85	0.85	0.83	0.9	0.92	-0.21	0.78	0.86
Accounts Payable	-0.88	0.9	0.88	0.9	0.65	0.98	0.92		-0.28	0.98	0.84	0.95	0.86	0.84	0.97	-0.5	0.94	0.67	0.94	0.93	0.94	0.98	0.96	-0.28	0.76	0.96
Cash	0.57	-0.17	-0.27	-0.32	0.31	-0.35	-0.22	-0.28		-0.32	-0.34	-0.37	-0.13	-0.19	-0.3	0.13	-0.38	-0.11	-0.28	-0.13	-0.42	-0.31	-0.32	1.0	0.21	-0.29
Other Assets	-0.9	0.86	0.81	0.86	0.54	0.98	0.91	0.98	-0.32		0.86	0.93	0.82	0.8	0.98	-0.58	0.92	0.76	0.97	0.93	0.96	0.97	0.99	-0.32	0.68	0.98
Long Term Debt	-0.89	0.91	0.83	0.92	0.54	0.87	0.81	0.84	-0.34	0.86		0.91	0.86	0.85	0.9	-0.27	0.92	0.57	0.9	0.77	0.9	0.9	0.88	-0.35	0.61	0.89
Good Will	-0.89	0.91	0.87	0.93	0.6	0.96	0.86	0.95	-0.37	0.93	0.91		0.82	0.85	0.96	-0.4	1.0	0.55	0.95	0.83	0.95	0.98	0.95	-0.37	0.66	0.94
Inventory	-0.78	0.94	0.95	0.92	0.8	0.84	0.87	0.86	-0.13	0.82	0.86	0.82		0.94	0.81	-0.2	0.82	0.59	0.77	0.75	0.75	0.83	0.84	-0.14	0.89	0.78
Other Current Assets	-0.78	0.93	0.96	0.94	0.81	0.85	0.86	0.84	-0.19	0.8	0.85	0.85	0.94		0.8	-0.16	0.86	0.51	0.76	0.72	0.75	0.84	0.82	-0.2	0.86	0.77
Total Liab	-0.9	0.9	0.81	0.89	0.55	0.98	0.89	0.97	-0.3	0.98	0.9	0.96	0.81	0.8		-0.52	0.96	0.69	0.99	0.94	0.99	0.99	0.97	-0.3	0.66	1.0
Preferred Stock Total Equity	0.47	-0.16	-0.16	-0.15	-0.07	-0.54	-0.56	-0.5	0.13	-0.58	-0.27	-0.4	-0.2	-0.16	-0.52		-0.4	-0.78	-0.51	-0.52	-0.5	-0.47	-0.57	0.11	-0.2	-0.54
Intangible Assets	-0.9	0.9	0.88	0.93	0.61	0.96	0.87	0.94	-0.38	0.92	0.92	1.0	0.82	0.86	0.96	-0.4		0.56	0.94	0.82	0.94	0.98	0.94	-0.38	0.67	0.93
Property Plant Equipment	-0.7	0.49	0.5	0.46	0.32	0.73	0.8	0.67	-0.11	0.76	0.57	0.55	0.59	0.51	0.69	-0.78	0.56		0.67	0.69	0.64	0.64	0.75	-0.1	0.5	0.7
Short Long Term Debt Total	-0.88	0.88	0.76	0.86	0.5	0.95	0.85	0.94	-0.28	0.97	0.9	0.95	0.77	0.76	0.99	-0.51	0.94	0.67		0.94	0.99	0.98	0.95	-0.28	0.6	1.0
Property Plant And Equipment Net	-0.8	0.84	0.72	0.79	0.55	0.89	0.85	0.93	-0.13	0.93	0.77	0.83	0.75	0.72	0.94	-0.52	0.82	0.69	0.94		0.91	0.92	0.88	-0.13	0.65	0.95
Net Debt	-0.92	0.86	0.76	0.86	0.43	0.95	0.83	0.94	-0.42	0.96	0.9	0.95	0.75	0.75	0.99	-0.5	0.94	0.64	0.99	0.91		0.98	0.95	-0.42	0.54	0.99
Non Current Assets Total	-0.9	0.92	0.86	0.92	0.61	0.98	0.9	0.98	-0.31	0.97	0.9	0.98	0.83	0.84	0.99	-0.47	0.98	0.64	0.98	0.92	0.98		0.97	-0.31	0.69	0.98
Non Currrent Assets Other	-0.89	0.86	0.83	0.87	0.57	0.99	0.92	0.96	-0.32	0.99	0.88	0.95	0.84	0.82	0.97	-0.57	0.94	0.75	0.95	0.88	0.95	0.97		-0.31	0.71	0.96
Cash And Short Term Investments	0.57	-0.17	-0.28	-0.32	0.3	-0.35	-0.21	-0.28	1.0	-0.32	-0.35	-0.37	-0.14	-0.2	-0.3	0.11	-0.38	-0.1	-0.28	-0.13	-0.42	-0.31	-0.31		0.21	-0.28
Net Receivables	-0.51	0.81	0.84	0.77	0.95	0.71	0.78	0.76	0.21	0.68	0.61	0.66	0.89	0.86	0.66	-0.2	0.67	0.5	0.6	0.65	0.54	0.69	0.71	0.21		0.62
Non Current Liabilities Total	-0.89	0.88	0.77	0.86	0.51	0.96	0.86	0.96	-0.29	0.98	0.89	0.94	0.78	0.77	1.0	-0.54	0.93	0.7	1.0	0.95	0.99	0.98	0.96	-0.28	0.62

Click cells to compare fundamentals

Capri Holdings Account Relationship Matchups

Capri Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	150.7M	150.5M	152.5M	134.0M	120.6M	138.4M
Total Assets	7.9B	7.5B	7.5B	7.3B	8.4B	4.2B
Other Current Liab	365M	527M	551M	509M	585.4M	315.9M
Total Current Liabilities	1.4B	1.6B	1.6B	1.5B	1.7B	843.8M
Total Stockholder Equity	2.2B	2.2B	2.6B	1.8B	2.1B	1.8B
Other Liab	607M	827M	758M	826M	949.9M	997.4M
Retained Earnings	4.3B	4.3B	5.1B	5.7B	6.6B	6.9B
Accounts Payable	428M	512M	555M	475M	546.3M	573.6M
Cash	592M	232M	169M	249M	224.1M	288.4M
Other Assets	392M	456M	490M	522M	600.3M	630.3M
Long Term Debt	2.0B	1.2B	1.1B	1.8B	2.1B	1.1B
Good Will	1.5B	1.5B	1.4B	1.3B	1.5B	1.6B
Inventory	827M	736M	1.1B	1.1B	1.2B	629.3M
Other Current Assets	167M	205M	192M	195M	224.3M	130.7M
Total Liab	5.8B	5.3B	4.9B	5.4B	6.3B	6.6B
Intangible Assets	2.0B	2.0B	1.8B	1.7B	2.0B	2.1B
Property Plant Equipment	561M	485M	476M	1.9B	2.2B	2.3B
Short Long Term Debt Total	4.4B	3.4B	3.0B	3.6B	4.1B	4.4B
Property Plant And Equipment Net	2.2B	2.0B	1.8B	1.9B	2.2B	2.3B
Net Debt	3.8B	3.2B	2.9B	3.4B	3.9B	4.1B
Non Current Assets Total	6.1B	5.9B	5.6B	5.4B	6.2B	6.6B
Non Currrent Assets Other	164M	175M	206M	225M	258.8M	271.7M
Cash And Short Term Investments	592M	232M	169M	249M	224.1M	310.2M
Net Receivables	308M	373M	434M	369M	424.4M	323.4M
Liabilities And Stockholders Equity	7.9B	7.5B	7.5B	7.3B	8.4B	4.5B
Non Current Liabilities Total	4.4B	3.7B	3.4B	4.0B	4.6B	4.8B
Other Stockholder Equity	(2.2B)	(2.2B)	(2.7B)	(4.0B)	(3.6B)	(3.4B)
Property Plant And Equipment Gross	2.2B	2.0B	1.8B	1.9B	2.2B	2.3B
Total Current Assets	1.9B	1.5B	1.9B	1.9B	2.2B	1.6B
Accumulated Other Comprehensive Income	75M	56M	194M	147M	169.1M	177.5M
Short Term Debt	597M	570M	443M	434M	499.1M	318.3M
Current Deferred Revenue	11M	12M	17M	32M	28.8M	17.6M
Net Tangible Assets	(1.3B)	(1.3B)	(706M)	(1.2B)	(1.1B)	(1.0B)
Retained Earnings Total Equity	4.7B	4.3B	4.3B	5.1B	5.9B	4.1B
Capital Surpluse	1.0B	1.1B	1.2B	1.3B	1.4B	964.7M
Deferred Long Term Liab	465M	397M	432M	6M	6.9M	6.6M
Non Current Liabilities Other	1.9B	2.1B	1.8B	318M	365.7M	347.4M
Treasury Stock	(3.2B)	(3.3B)	(3.3B)	(4.0B)	(3.6B)	(3.8B)
Long Term Debt Total	1.9B	2.0B	1.2B	1.1B	1.3B	1.3B

Pair Trading with Capri Holdings

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 Capri Holdings 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 Capri Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving against Capri Stock

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0.79	HAS	Hasbro Inc Financial Report 25th of April 2024	Pair Corr
0.76	GIL	Gildan Activewear Financial Report 1st of May 2024	Pair Corr
0.76	IBP	Installed Building Financial Report 2nd of May 2024	Pair Corr
0.61	DOGZ	Dogness International Downward Rally	Pair Corr

The ability to find closely correlated positions to Capri Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capri Holdings 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 Capri Holdings - 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 Capri Holdings to buy it.

The correlation of Capri Holdings 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 Capri Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capri Holdings 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 Capri Holdings 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 Correlation Correlation Matching

When determining whether Capri Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Capri Holdings' 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 Capri Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Capri Holdings Stock:

How To Invest In Capri

Details

Is Capri Stock a good investment?

Details

What is Capri Holdings' Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Capri Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in Capri Stock please use our How to Invest in Capri Holdings guide.

You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Capri Stock analysis

When running Capri Holdings' price analysis, check to measure Capri Holdings' 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 Capri Holdings is operating at the current time. Most of Capri Holdings' value examination focuses on studying past and present price action to predict the probability of Capri Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capri Holdings' price. Additionally, you may evaluate how the addition of Capri Holdings to your portfolios can decrease your overall portfolio volatility.

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Is Capri Holdings' 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 Capri Holdings. If investors know Capri 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 Capri Holdings 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

(0.49)

Earnings Share

1.92

Revenue Per Share

44.552

Quarterly Revenue Growth

(0.06)

Return On Assets

0.0361

The market value of Capri Holdings is measured differently than its book value, which is the value of Capri that is recorded on the company's balance sheet. Investors also form their own opinion of Capri Holdings' value that differs from its market value or its book value, called intrinsic value, which is Capri Holdings' 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 Capri Holdings' market value can be influenced by many factors that don't directly affect Capri Holdings' 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 Capri Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Capri Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capri Holdings' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Capri Asset Turnover vs Current Ratio Analysis

Asset Turnover vs Current Ratio

Asset Turnover vs Current Ratio Correlation Analysis

Correlation Coefficient

Asset Turnover

Current Ratio

Capri Holdings fundamental ratios Correlations

Capri Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Capri Holdings fundamental ratios Accounts

Pair Trading with Capri Holdings

Moving against Capri Stock

Complementary Tools for Capri Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Intangible Assets	+ 1.0	Good Will
Non Current Liabilities Total	+ 1.0	Total Liab
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Non Currrent Assets Other	+ 0.99	Other Liab
Non Currrent Assets Other	+ 0.99	Other Assets

Net Debt	- 0.92	Common Stock Shares Outstanding
Other Liab	- 0.91	Common Stock Shares Outstanding
Non Current Assets Total	- 0.9	Common Stock Shares Outstanding
Intangible Assets	- 0.9	Common Stock Shares Outstanding
Total Liab	- 0.9	Common Stock Shares Outstanding
Other Assets	- 0.9	Common Stock Shares Outstanding