Fossil Income Before Tax vs Non Recurring Analysis
FOSL Stock | USD 0.79 0.02 2.47% |
Fossil financial indicator trend analysis is much more than just examining Fossil Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fossil Group is a good investment. Please check the relationship between Fossil Income Before Tax and its Non Recurring accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fossil Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Income Before Tax vs Non Recurring
Income Before Tax vs Non Recurring Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fossil Group Income Before Tax account and Non Recurring. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Fossil's Income Before Tax and Non Recurring is -0.51. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Fossil Group, assuming nothing else is changed. The correlation between historical values of Fossil's Income Before Tax and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Fossil Group are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Income Before Tax i.e., Fossil's Income Before Tax and Non Recurring go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Fossil income statement and is an important metric when analyzing Fossil Group profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Non Recurring
Most indicators from Fossil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fossil Group 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 Fossil Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. At this time, Fossil's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 66.04 this year, although the value of Selling General Administrative will most likely fall to about 550.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 1.9B | 1.7B | 1.4B | 1.6B | Interest Expense | 25.1M | 19.2M | 21.8M | 22.9M |
Fossil fundamental ratios Correlations
Click cells to compare fundamentals
Fossil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fossil fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6B | 1.5B | 1.4B | 1.2B | 978.0M | 1.1B | |
Short Long Term Debt Total | 493.7M | 458.1M | 316.5M | 366.6M | 388.7M | 202.5M | |
Other Current Liab | 360.8M | 338.7M | 305.1M | 234.5M | 136.5M | 147.6M | |
Total Current Liabilities | 559.2M | 558.5M | 535.6M | 425.9M | 342.5M | 301.9M | |
Total Stockholder Equity | 503.8M | 440M | 465.4M | 403M | 254.2M | 241.5M | |
Property Plant And Equipment Net | 439.7M | 340.8M | 267.4M | 236.8M | 208.2M | 196.8M | |
Net Debt | 293.5M | 142.1M | 65.7M | 167.9M | 271.4M | 285.0M | |
Retained Earnings | 299.8M | 203.7M | 229.1M | 175.5M | 18.4M | 17.5M | |
Accounts Payable | 172.2M | 178.2M | 229.9M | 191.1M | 147.2M | 105.9M | |
Cash | 200.2M | 316M | 250.8M | 198.7M | 117.3M | 193.7M | |
Non Current Assets Total | 545.3M | 488M | 346M | 292.8M | 267.3M | 339.0M | |
Non Currrent Assets Other | (38.8M) | (34.2M) | (24.9M) | (22.6M) | 22.0M | 23.1M | |
Cash And Short Term Investments | 200.2M | 316M | 250.8M | 198.7M | 117.3M | 198.3M | |
Net Receivables | 289.7M | 229.8M | 255.1M | 206.1M | 245.3M | 216.1M | |
Common Stock Shares Outstanding | 50.2M | 51.1M | 52.8M | 51.8M | 52.3M | 51.2M | |
Liabilities And Stockholders Equity | 1.6B | 1.5B | 1.4B | 1.2B | 978.0M | 1.1B | |
Non Current Liabilities Total | 541.7M | 480M | 367.7M | 409.2M | 383.8M | 256.2M | |
Inventory | 452.3M | 295.3M | 346.9M | 376M | 252.8M | 303.0M | |
Other Current Assets | 117.2M | 149.4M | 169.9M | 164.5M | 95.3M | 78.7M | |
Other Stockholder Equity | 284.1M | 294.7M | 303.0M | 303.3M | 311.7M | 327.3M | |
Total Liab | 1.1B | 1.0B | 903.3M | 835.1M | 726.3M | 550.6M | |
Property Plant And Equipment Gross | 439.7M | 340.8M | 267.4M | 236.8M | 592.9M | 622.6M | |
Total Current Assets | 1.1B | 990.5M | 1.0B | 945.3M | 710.7M | 802.2M | |
Accumulated Other Comprehensive Income | (80.6M) | (58.9M) | (67.3M) | (76.3M) | (76.4M) | (72.6M) | |
Short Term Debt | 26.2M | 41.6M | 600K | 300K | 44.0M | 46.2M | |
Intangible Assets | 26.9M | 17.8M | 14.3M | 11.9M | 11.4M | 10.8M | |
Common Stock Total Equity | 505K | 515K | 521K | 518K | 595.7K | 570.3K | |
Common Stock | 505K | 515K | 521K | 518K | 525K | 564.7K | |
Short Term Investments | 1.5M | 1.2M | 835K | 1.8M | 568K | 539.6K | |
Other Assets | 78.2M | 129.1M | 64.0M | 44.1M | 1.0 | 0.95 | |
Property Plant Equipment | 151.5M | 114.0M | 89.8M | 79.9M | 91.9M | 87.3M | |
Current Deferred Revenue | 54.3M | 71.3M | 80.8M | 14.8M | 13.3M | 12.6M | |
Long Term Debt | 178.8M | 185.9M | 141.4M | 216.1M | 207.0M | 233.5M | |
Other Liab | 74.2M | 63.5M | 51.8M | 42.9M | 49.3M | 74.1M | |
Net Tangible Assets | 397.4M | 291.9M | 384.6M | 349.9M | 314.9M | 441.2M | |
Noncontrolling Interest In Consolidated Entity | 787K | 942K | 2.1M | (2.9M) | (2.6M) | (2.5M) | |
Retained Earnings Total Equity | 299.8M | 203.7M | 229.1M | 175.5M | 157.9M | 150.0M | |
Long Term Debt Total | 178.8M | 185.9M | 141.4M | 216.1M | 248.6M | 340.6M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fossil in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fossil's short interest history, or implied volatility extrapolated from Fossil options trading.
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When running Fossil's price analysis, check to measure Fossil'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 Fossil is operating at the current time. Most of Fossil's value examination focuses on studying past and present price action to predict the probability of Fossil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fossil's price. Additionally, you may evaluate how the addition of Fossil to your portfolios can decrease your overall portfolio volatility.
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Is Fossil'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 Fossil. If investors know Fossil 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 Fossil 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 (0.82) | Earnings Share (3.00) | Revenue Per Share 27.014 | Quarterly Revenue Growth (0.16) | Return On Assets (0.05) |
The market value of Fossil Group is measured differently than its book value, which is the value of Fossil that is recorded on the company's balance sheet. Investors also form their own opinion of Fossil's value that differs from its market value or its book value, called intrinsic value, which is Fossil'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 Fossil's market value can be influenced by many factors that don't directly affect Fossil'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 Fossil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fossil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fossil'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.