Genesco Current Ratio vs Net Income Analysis
GCO Stock | USD 27.72 0.59 2.17% |
Genesco financial indicator trend analysis is much more than just examining Genesco latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genesco is a good investment. Please check the relationship between Genesco Current Ratio and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Genesco Stock, please use our How to Invest in Genesco guide.
Current Ratio vs Net Income
Current Ratio vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genesco Current Ratio account and Net Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Genesco's Current Ratio and Net Income is 0.07. Overlapping area represents the amount of variation of Current Ratio that can explain the historical movement of Net Income in the same time period over historical financial statements of Genesco, assuming nothing else is changed. The correlation between historical values of Genesco's Current Ratio and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Ratio of Genesco are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Current Ratio i.e., Genesco's Current Ratio and Net Income go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Genesco financial statement analysis. It represents the amount of money remaining after all of Genesco operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Genesco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genesco 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Genesco Stock, please use our How to Invest in Genesco guide.At this time, Genesco's Selling General Administrative is very stable compared to the past year. As of the 28th of March 2024, Tax Provision is likely to grow to about 16.7 M, while Discontinued Operations is likely to drop (309 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.2B | 1.1B | 1.1B | 716.3M | Total Revenue | 2.4B | 2.4B | 2.3B | 1.5B |
Genesco fundamental ratios Correlations
Click cells to compare fundamentals
Genesco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Genesco fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 1.6B | 1.6B | 1.5B | 1.3B | 839.9M | |
Short Long Term Debt Total | 805.0M | 734.0M | 632.6M | 580.4M | 522.9M | 549.1M | |
Other Current Liab | 83.5M | 79.0M | 134.2M | 52.8M | 75.7M | 74.0M | |
Total Current Liabilities | 361.9M | 402.9M | 431.7M | 360.8M | 319.5M | 190.9M | |
Total Stockholder Equity | 619.3M | 566.8M | 602.5M | 607.0M | 571.2M | 422.8M | |
Property Plant And Equipment Net | 973.4M | 829.6M | 760.1M | 704.7M | 677.2M | 711.0M | |
Net Debt | 723.6M | 518.9M | 312.1M | 532.4M | 487.8M | 512.2M | |
Retained Earnings | 378.6M | 320.9M | 350.2M | 346.9M | 398.9M | 266.6M | |
Cash | 81.4M | 215.1M | 320.5M | 48.0M | 35.2M | 67.3M | |
Non Current Assets Total | 1.2B | 919.8M | 852.3M | 883.8M | 822.5M | 863.7M | |
Non Currrent Assets Other | 40.4M | 20.7M | 22.3M | 84.9M | 145.4M | 84.7M | |
Cash And Short Term Investments | 81.4M | 215.1M | 320.5M | 48.0M | 35.2M | 67.3M | |
Net Receivables | 29.2M | 31.4M | 39.5M | 40.8M | 53.6M | 34.4M | |
Common Stock Shares Outstanding | 15.7M | 14.2M | 14.5M | 12.7M | 11.2M | 17.3M | |
Liabilities And Stockholders Equity | 1.7B | 1.6B | 1.6B | 1.5B | 1.3B | 839.9M | |
Non Current Liabilities Total | 699.2M | 617.7M | 527.9M | 488.7M | 439.2M | 226.2M | |
Inventory | 365.3M | 291.0M | 278.2M | 458.0M | 379.0M | 286.4M | |
Other Current Assets | 32.3M | 130.1M | 71.6M | 25.8M | 39.6M | 39.4M | |
Other Stockholder Equity | 256.2M | 264.5M | 273.6M | 287.4M | 330.5M | 177.7M | |
Total Liab | 1.1B | 1.0B | 959.6M | 849.5M | 758.7M | 417.1M | |
Property Plant And Equipment Gross | 973.4M | 829.6M | 760.1M | 704.7M | 810.4M | 851.0M | |
Total Current Assets | 508.2M | 667.6M | 709.8M | 572.7M | 507.4M | 442.6M | |
Accumulated Other Comprehensive Income | (31.7M) | (35.1M) | (36.4M) | (41.2M) | (47.4M) | (49.8M) | |
Short Term Debt | 142.7M | 173.5M | 145.1M | 134.5M | 129.2M | 135.6M | |
Common Stock | 15.2M | 15.4M | 14.3M | 13.1M | 15.1M | 17.6M | |
Intangible Assets | 36.4M | 30.9M | 29.9M | 27.4M | 24.7M | 23.5M | |
Current Deferred Revenue | 25.1M | 19.5M | 19.5M | 28.6M | 32.8M | 19.9M | |
Accounts Payable | 135.8M | 150.4M | 152.5M | 145.0M | 114.6M | 113.8M | |
Common Stock Total Equity | 20.4M | 19.6M | 15.2M | 15.4M | 13.9M | 17.8M | |
Other Liab | 36.9M | 57.1M | 40.3M | 42.7M | 49.1M | 46.7M | |
Other Assets | 40.4M | 20.7M | 23.8M | 113.5M | 130.5M | 137.0M | |
Long Term Debt | 14.4M | 33.0M | 15.7M | 44.9M | 40.4M | 61.6M | |
Property Plant Equipment | 238.3M | 829.6M | 760.1M | 704.7M | 810.4M | 851.0M | |
Good Will | 122.2M | 38.6M | 38.6M | 38.1M | 34.3M | 32.6M | |
Net Tangible Assets | 642.5M | 490.8M | 497.3M | 534.1M | 614.2M | 639.3M | |
Long Term Debt Total | 14.4M | 33.0M | 15.7M | 44.9M | 40.4M | 36.2M | |
Capital Surpluse | 274.1M | 282.3M | 291.4M | 305.3M | 351.0M | 261.2M |
Genesco Investors Sentiment
The influence of Genesco's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Genesco. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Genesco's public news can be used to forecast risks associated with an investment in Genesco. The trend in average sentiment can be used to explain how an investor holding Genesco can time the market purely based on public headlines and social activities around Genesco. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Genesco's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Genesco's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Genesco's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Genesco.
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 Genesco 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, Genesco's short interest history, or implied volatility extrapolated from Genesco options trading.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Genesco Stock, please use our How to Invest in Genesco guide.Note that the Genesco information on this page should be used as a complementary analysis to other Genesco's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
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When running Genesco's price analysis, check to measure Genesco'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 Genesco is operating at the current time. Most of Genesco's value examination focuses on studying past and present price action to predict the probability of Genesco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genesco's price. Additionally, you may evaluate how the addition of Genesco to your portfolios can decrease your overall portfolio volatility.
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Is Genesco'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 Genesco. If investors know Genesco 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 Genesco 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 (0.23) | Earnings Share (0.74) | Revenue Per Share 206.762 | Quarterly Revenue Growth 0.019 | Return On Assets 0.0073 |
The market value of Genesco is measured differently than its book value, which is the value of Genesco that is recorded on the company's balance sheet. Investors also form their own opinion of Genesco's value that differs from its market value or its book value, called intrinsic value, which is Genesco'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 Genesco's market value can be influenced by many factors that don't directly affect Genesco'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 Genesco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesco'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.