Macys Enterprise Value vs Average Assets Analysis

M -- USA Stock  

Trending

Macys financial indicator trend analysis is infinitely more than just investigating Macys recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Macys is a good investment. Please check the relationship between Macys Enterprise Value and its Average Assets accounts. Please see also Stocks Correlation.

Enterprise Value vs Average Assets

Accounts Relationship

Enterprise Value vs Average Assets

Significance: Strong Relationship

Enterprise Value diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Macys Enterprise Value account and Average Assets

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Enterprise Value

Enterprise Value (or EV) is usually referred to as Macys theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Macys debt, but would also pocket its cash. Enterprise Value is more accurate representation of Macys value than its market capitalization because it takes into account all of Macys existing debt. Enterprise value is a measure of the value of a business as a whole; calculated as [MarketCap] plus [DebtUSD] minus [CashnEqUSD].

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from [Assets].
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