Movado Accounts Payable vs Consolidated Income Analysis

MOV Stock  USD 27.64  0.93  3.48%   
Trend analysis of Movado Group balance sheet accounts such as Total Current Liabilities of 91 M provides information on Movado's total assets, liabilities, and equity, which is the actual value of Movado Group to its prevalent stockholders. By breaking down trends over time using Movado balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Movado 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 persons.

About Movado Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Movado Group at a specified time, usually calculated after every quarter, six months, or one year. Movado Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Movado and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Movado currently owns. An asset can also be divided into two categories, current and non-current.

Movado Balance Sheet Chart

Movado Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Movado Group uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Movado's Other Assets are fairly stable compared to the past year. Common Stock is likely to climb to about 316.6 K in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 65.5 M in 2024.

Total Assets

Total assets refers to the total amount of Movado assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Movado Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Movado balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Movado Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Movado's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Movado 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Movado 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 persons.
Selling General Administrative is likely to climb to about 226.6 M in 2024, whereas Tax Provision is likely to drop slightly above 13.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit419.1M433.9M370.4M270.6M
Total Revenue732.4M751.9M672.6M481.0M

Movado fundamental ratios Correlations

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0.40.220.440.050.770.540.210.290.030.690.470.00.45-0.240.85-0.05-0.36-0.40.770.740.030.430.440.410.48
0.740.220.820.620.42-0.410.560.730.570.60.640.580.60.530.460.560.11-0.120.640.380.670.080.480.60.49
0.850.440.820.630.66-0.330.710.740.670.720.860.670.870.350.660.54-0.06-0.520.850.630.740.440.450.760.75
0.90.050.620.630.41-0.690.930.560.750.610.760.780.540.760.270.870.61-0.190.430.380.940.050.330.530.49
0.620.770.420.660.41-0.030.470.460.560.610.660.560.750.30.650.390.02-0.510.710.990.470.470.220.590.83
-0.430.54-0.41-0.33-0.69-0.03-0.56-0.31-0.780.06-0.34-0.8-0.31-0.790.33-0.69-0.550.050.11-0.04-0.780.130.23-0.18-0.28
0.940.210.560.710.930.47-0.560.570.770.720.890.770.660.510.50.710.34-0.510.620.450.90.190.420.650.61
0.680.290.730.740.560.46-0.310.570.520.60.610.540.520.40.460.520.03-0.260.610.440.58-0.050.440.550.52
0.730.030.570.670.750.56-0.780.770.520.380.730.990.730.680.240.660.29-0.550.430.570.860.230.080.620.78
0.850.690.60.720.610.610.060.720.60.380.820.360.620.170.890.40.01-0.470.90.580.490.320.850.790.59
0.930.470.640.860.760.66-0.340.890.610.730.820.720.880.30.740.490.07-0.670.850.640.790.440.50.830.8
0.730.00.580.670.780.56-0.80.770.540.990.360.720.720.720.20.70.35-0.50.40.570.890.210.050.590.77
0.750.450.60.870.540.75-0.310.660.520.730.620.880.720.290.630.4-0.01-0.70.780.750.670.550.310.830.91
0.53-0.240.530.350.760.3-0.790.510.40.680.170.30.720.29-0.180.90.790.150.010.30.73-0.20.020.280.34
0.640.850.460.660.270.650.330.50.460.240.890.740.20.63-0.180.04-0.37-0.640.960.620.240.450.740.720.62
0.72-0.050.560.540.870.39-0.690.710.520.660.40.490.70.40.90.040.70.020.240.360.84-0.110.170.350.37
0.29-0.360.11-0.060.610.02-0.550.340.030.290.010.070.35-0.010.79-0.370.70.37-0.280.020.47-0.26-0.060.040.0
-0.44-0.4-0.12-0.52-0.19-0.510.05-0.51-0.26-0.55-0.47-0.67-0.5-0.70.15-0.640.020.37-0.65-0.53-0.3-0.54-0.31-0.69-0.76
0.780.770.640.850.430.710.110.620.610.430.90.850.40.780.010.960.24-0.28-0.650.680.450.480.690.80.72
0.590.740.380.630.380.99-0.040.450.440.570.580.640.570.750.30.620.360.02-0.530.680.440.470.20.60.86
0.870.030.670.740.940.47-0.780.90.580.860.490.790.890.670.730.240.840.47-0.30.450.440.140.140.510.59
0.260.430.080.440.050.470.130.19-0.050.230.320.440.210.55-0.20.45-0.11-0.26-0.540.480.470.140.170.450.42
0.560.440.480.450.330.220.230.420.440.080.850.50.050.310.020.740.17-0.06-0.310.690.20.140.170.720.3
0.750.410.60.760.530.59-0.180.650.550.620.790.830.590.830.280.720.350.04-0.690.80.60.510.450.720.83
0.680.480.490.750.490.83-0.280.610.520.780.590.80.770.910.340.620.370.0-0.760.720.860.590.420.30.83
Click cells to compare fundamentals

Movado Account Relationship Matchups

Movado fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets847.3M719.3M761.2M787.7M769.1M530.4M
Short Long Term Debt Total148.9M105.5M76.4M88.6M92.1M65.5M
Other Current Liab58.7M83.6M91.8M48.2M46.3M44.1M
Total Current Liabilities109.3M127.7M151.5M142.4M113.1M91.0M
Total Stockholder Equity526.5M425.3M472.8M507.6M516.8M357.7M
Property Plant And Equipment Net118.8M98.4M88.1M99.6M102.1M107.2M
Net Debt(37.0M)(118.3M)(200.7M)(163.0M)(170.0M)(161.5M)
Retained Earnings455.5M341.6M413.6M476.8M470.3M277.7M
Accounts Payable35.5M28.2M46.0M32.1M32.8M30.5M
Cash185.9M223.8M277.1M251.6M262.1M275.2M
Non Current Assets Total382.8M217.6M207.3M220.5M225.2M116.9M
Non Currrent Assets Other59.3M59.0M62.5M66.2M72.6M37.3M
Cash And Short Term Investments185.9M223.8M277.1M251.6M262.1M275.2M
Net Receivables78.4M101.8M99.5M105.2M104.5M92.4M
Common Stock Shares Outstanding23.3M23.2M23.7M23.0M22.6M26.2M
Liabilities And Stockholders Equity847.3M719.3M761.2M787.7M769.1M530.4M
Non Current Liabilities Total207.6M161.7M132.6M134.7M137.1M80.3M
Inventory171.4M152.6M160.3M186.2M148.0M159.5M
Other Current Assets28.9M23.5M17.0M24.2M29.3M30.8M
Other Stockholder Equity(14.3M)(9.3M)(26.4M)(50.8M)(46.1M)(43.8M)
Total Liab316.9M289.3M284.1M277.2M250.1M171.4M
Property Plant And Equipment Gross118.8M98.4M88.1M99.6M114.5M120.3M
Total Current Assets464.6M501.7M553.9M567.2M543.9M413.4M
Accumulated Other Comprehensive Income85.1M92.5M85.3M81.3M92.3M48.8M
Short Term Debt15.1M15.9M13.7M17.7M15.7M13.2M
Intangible Assets42.4M17.1M13.5M9.6M7.5M9.9M
Other Liab96.4M73.6M72.0M69.9M80.4M84.4M
Other Assets85.0M101.9M105.7M111.3M128.0M134.4M
Common Stock Total Equity344K346K351K353K406.0K316.5K
Treasury Stock(222.8M)(223.3M)(249.0M)(281.6M)(253.4M)(240.7M)
Common Stock344K346K351K353K290K316.6K
Property Plant Equipment29.2M98.6M19.5M18.7M16.8M16.0M
Net Tangible Assets351.0M408.2M461.6M498.0M572.7M467.2M
Retained Earnings Total Equity455.5M341.6M413.6M476.8M548.3M429.8M
Short Term Investments340K346K413K419K377.1K358.2K
Capital Surpluse208.5M214.0M222.6M230.8M265.4M209.4M
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 Movado 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, Movado's short interest history, or implied volatility extrapolated from Movado options trading.

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When determining whether Movado Group is a strong investment it is important to analyze Movado's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Movado's future performance. For an informed investment choice regarding Movado Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Movado 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 persons.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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Is Movado'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 Movado. If investors know Movado 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 Movado 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
(0.47)
Dividend Share
1.4
Earnings Share
2.06
Revenue Per Share
30.269
Quarterly Revenue Growth
(0.07)
The market value of Movado Group is measured differently than its book value, which is the value of Movado that is recorded on the company's balance sheet. Investors also form their own opinion of Movado's value that differs from its market value or its book value, called intrinsic value, which is Movado'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 Movado's market value can be influenced by many factors that don't directly affect Movado'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 Movado's value and its price as these two are different measures arrived at by different means. Investors typically determine if Movado is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Movado'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.