Levi Current Ratio vs Gross Profit Analysis
LEVI Stock | USD 22.62 0.06 0.26% |
Levi Strauss financial indicator trend analysis is infinitely more than just investigating Levi Strauss recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Levi Strauss is a good investment. Please check the relationship between Levi Strauss Current Ratio and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Levi Strauss Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
Current Ratio vs Gross Profit
Current Ratio vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Levi Strauss Current Ratio account and Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Levi Strauss' Current Ratio and Gross Profit is -0.39. Overlapping area represents the amount of variation of Current Ratio that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Levi Strauss Co, assuming nothing else is changed. The correlation between historical values of Levi Strauss' Current Ratio and Gross Profit 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 Levi Strauss Co are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Current Ratio i.e., Levi Strauss' Current Ratio and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Levi Strauss Co minus its cost of goods sold. It is profit before Levi Strauss operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Levi Strauss' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Levi Strauss 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Levi Strauss Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. As of now, Levi Strauss' Selling General Administrative is increasing as compared to previous years. The Levi Strauss' current Enterprise Value is estimated to increase to about 9.9 B, while Tax Provision is projected to decrease to under 13.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.5B | 3.5B | 4.0B | 2.6B | Total Revenue | 6.2B | 6.2B | 7.1B | 5.2B |
Levi Strauss fundamental ratios Correlations
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Levi Strauss Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Levi Strauss fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.6B | 5.9B | 6.0B | 6.1B | 7.0B | 3.9B | |
Short Long Term Debt Total | 2.7B | 2.2B | 2.1B | 2.2B | 2.0B | 1.5B | |
Other Current Liab | 54.7M | 19.1M | 1.1B | 9.4M | 8.5M | 8.0M | |
Total Current Liabilities | 1.5B | 1.9B | 2.0B | 1.8B | 2.1B | 1.2B | |
Total Stockholder Equity | 1.3B | 1.7B | 1.9B | 2.0B | 2.4B | 2.5B | |
Property Plant And Equipment Net | 1.4B | 1.6B | 1.6B | 1.7B | 2.0B | 2.1B | |
Net Debt | 1.2B | 1.4B | 1.6B | 1.8B | 1.6B | 1.1B | |
Retained Earnings | 1.1B | 1.5B | 1.7B | 1.8B | 2.0B | 2.1B | |
Accounts Payable | 375.5M | 524.8M | 657.2M | 567.9M | 653.1M | 330.3M | |
Cash | 1.5B | 810.3M | 429.6M | 398.8M | 458.6M | 447.1M | |
Non Current Assets Total | 2.5B | 3.2B | 3.2B | 3.4B | 3.9B | 4.1B | |
Non Currrent Assets Other | 261.9M | 332.6M | 339.7M | 400.6M | 360.5M | 378.5M | |
Cash And Short Term Investments | 1.6B | 901.8M | 500.2M | 398.8M | 458.6M | 462.7M | |
Net Receivables | 540.2M | 707.6M | 697M | 752.7M | 865.6M | 647.6M | |
Good Will | 264.8M | 386.9M | 365.7M | 303.7M | 349.3M | 265.3M | |
Common Stock Shares Outstanding | 397.3M | 409.8M | 403.8M | 401.7M | 462.0M | 420.9M | |
Liabilities And Stockholders Equity | 5.6B | 5.9B | 6.0B | 6.1B | 7.0B | 3.9B | |
Non Current Liabilities Total | 2.8B | 2.4B | 2.2B | 2.2B | 2.0B | 1.9B | |
Inventory | 817.7M | 898.0M | 1.4B | 1.3B | 1.5B | 773.5M | |
Other Current Assets | 174.6M | 202.5M | 213.9M | 196M | 176.4M | 171.2M | |
Other Stockholder Equity | 626.2M | 584.8M | 625.6M | 686.7M | 789.7M | 829.2M | |
Total Liab | 4.3B | 4.2B | 4.1B | 4.0B | 3.6B | 2.8B | |
Property Plant And Equipment Gross | 454.5M | 1.6B | 1.6B | 3.0B | 3.4B | 3.6B | |
Total Current Assets | 3.1B | 2.7B | 2.8B | 2.6B | 3.0B | 2.1B | |
Accumulated Other Comprehensive Income | (441.4M) | (394.4M) | (421.7M) | (390.9M) | (351.8M) | (334.2M) | |
Intangible Assets | 47.4M | 291.3M | 286.7M | 267.6M | 307.7M | 323.1M | |
Short Term Debt | 254.8M | 251.2M | 235.7M | 258M | 296.7M | 311.5M | |
Other Assets | 554.1M | 1.7B | 905.7M | 964.7M | 1.1B | 891.9M | |
Other Liab | 486.9M | 387.9M | 374.6M | 308.9M | 278.0M | 448.0M | |
Net Tangible Assets | 1.3B | 987.3M | 987.4M | 1.3B | 1.4B | 769.0M | |
Long Term Debt | 1.5B | 1.0B | 984.5M | 1.0B | 1.2B | 1.2B | |
Long Term Debt Total | 1.0B | 1.5B | 1.0B | 984.5M | 1.1B | 1.2B | |
Short Long Term Debt | 17.6M | 5.9M | 11.7M | 12.5M | 11.3M | 17.5M | |
Property Plant Equipment | 529.6M | 454.5M | 1.6B | 622.8M | 716.2M | 671.4M | |
Non Current Liabilities Other | 1.0B | 1.1B | 1.0B | 50.3M | 57.8M | 55.0M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Levi Strauss Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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Is Levi Strauss' 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 Levi Strauss. If investors know Levi 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 Levi Strauss 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 (0.18) | Dividend Share 0.48 | Earnings Share 0.3 | Revenue Per Share 15.197 | Quarterly Revenue Growth (0.08) |
The market value of Levi Strauss is measured differently than its book value, which is the value of Levi that is recorded on the company's balance sheet. Investors also form their own opinion of Levi Strauss' value that differs from its market value or its book value, called intrinsic value, which is Levi Strauss' 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 Levi Strauss' market value can be influenced by many factors that don't directly affect Levi Strauss' 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 Levi Strauss' value and its price as these two are different measures arrived at by different means. Investors typically determine if Levi Strauss is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Levi Strauss' 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.