Tapestry Inventory vs Long Term Debt Analysis
TPR Stock | USD 40.07 0.30 0.74% |
Tapestry financial indicator trend analysis is much more than just breaking down Tapestry prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tapestry is a good investment. Please check the relationship between Tapestry Inventory and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tapestry. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Tapestry Stock, please use our How to Invest in Tapestry guide.
Inventory vs Long Term Debt
Inventory vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tapestry Inventory account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tapestry's Inventory and Long Term Debt is 0.77. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Tapestry, assuming nothing else is changed. The correlation between historical values of Tapestry's Inventory and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Tapestry are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Inventory i.e., Tapestry's Inventory and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Long Term Debt
Long-term debt is a debt that Tapestry has held for over one year. Long-term debt appears on Tapestry balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Tapestry balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Tapestry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tapestry 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tapestry. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Tapestry Stock, please use our How to Invest in Tapestry guide.As of 05/11/2024, Selling General Administrative is likely to drop to about 1.9 B. In addition to that, Tax Provision is likely to drop to about 120.4 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.7B | 4.7B | 5.4B | 5.7B | Total Revenue | 6.7B | 6.7B | 7.7B | 8.0B |
Tapestry fundamental ratios Correlations
Click cells to compare fundamentals
Tapestry Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tapestry fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.9B | 8.4B | 7.3B | 7.1B | 8.2B | 8.6B | |
Short Long Term Debt Total | 4.5B | 3.4B | 3.3B | 3.3B | 3.8B | 4.0B | |
Total Stockholder Equity | 2.3B | 3.3B | 2.3B | 2.3B | 2.6B | 1.9B | |
Net Debt | 3.1B | 1.4B | 2.5B | 2.6B | 3.0B | 3.1B | |
Common Stock Shares Outstanding | 278.6M | 283M | 270.1M | 241.3M | 217.2M | 249.6M | |
Liabilities And Stockholders Equity | 7.9B | 8.4B | 7.3B | 7.1B | 8.2B | 8.6B | |
Non Current Liabilities Total | 3.9B | 3.7B | 3.5B | 3.6B | 4.1B | 4.3B | |
Total Liab | 5.6B | 5.1B | 5.0B | 4.8B | 5.6B | 5.8B | |
Other Current Liab | 482.9M | 628.8M | 586.7M | 503.6M | 579.1M | 445.9M | |
Total Current Liabilities | 1.7B | 1.4B | 1.5B | 1.3B | 1.5B | 741.7M | |
Other Liab | 513.6M | 577.3M | 569.5M | 581.8M | 669.1M | 377.6M | |
Property Plant And Equipment Net | 2.5B | 2.2B | 1.8B | 1.9B | 2.2B | 2.3B | |
Accounts Payable | 130.8M | 445.2M | 520.7M | 416.9M | 479.4M | 503.4M | |
Cash | 1.4B | 2.0B | 789.8M | 726.1M | 835.0M | 922.6M | |
Non Current Assets Total | 5.4B | 5.0B | 4.7B | 4.8B | 5.5B | 5.7B | |
Non Currrent Assets Other | 102.4M | 161.7M | 209.4M | 2.8B | 3.2B | 3.4B | |
Other Assets | 158.3M | 161.7M | 2.9B | 222.5M | 255.9M | 309.9M | |
Long Term Debt | 1.6B | 1.6B | 1.7B | 1.6B | 1.9B | 2.0B | |
Cash And Short Term Investments | 1.4B | 2.0B | 953.2M | 741.5M | 852.7M | 1.0B | |
Net Receivables | 193.3M | 200.2M | 252.3M | 211.5M | 243.2M | 168.5M | |
Good Will | 1.3B | 1.3B | 1.2B | 1.2B | 1.4B | 1.5B | |
Inventory | 736.9M | 734.8M | 994.2M | 919.5M | 1.1B | 1.1B | |
Other Current Assets | 188.5M | 424.5M | 374.1M | 491M | 564.7M | 592.9M | |
Total Current Assets | 2.6B | 3.4B | 2.6B | 2.4B | 2.7B | 1.9B | |
Accumulated Other Comprehensive Income | (92.2M) | (72M) | (170.9M) | (189.9M) | (170.9M) | (162.4M) | |
Short Term Debt | 1.1B | 319.4M | 319.9M | 322.5M | 370.9M | 389.4M | |
Intangible Assets | 1.4B | 1.4B | 1.4B | 1.4B | 1.6B | 1.6B | |
Property Plant Equipment | 2.5B | 2.2B | 1.8B | 1.9B | 2.2B | 2.3B | |
Retained Earnings | (992.7M) | (158.5M) | (1.2B) | (1.2B) | (1.1B) | (1.0B) | |
Other Stockholder Equity | 3.4B | 3.5B | 3.6B | 3.7B | 4.2B | 2.2B | |
Property Plant And Equipment Gross | 2.5B | 2.2B | 1.8B | 1.9B | 2.2B | 2.3B | |
Current Deferred Revenue | 28.1M | 32.4M | 41.5M | 43.5M | 50.0M | 78.9M | |
Net Tangible Assets | (404.1M) | 588.6M | 2.3B | 917.7M | 825.9M | 1.0B | |
Retained Earnings Total Equity | (992.7M) | (158.5M) | (1.2B) | (1.2B) | (1.1B) | (1.0B) | |
Long Term Debt Total | 1.6B | 1.6B | 1.7B | 1.6B | 1.9B | 1.1B | |
Capital Surpluse | 3.4B | 3.5B | 3.6B | 3.7B | 4.2B | 3.2B | |
Deferred Long Term Liab | 155.1M | 203.9M | 221.7M | 240M | 276M | 289.8M |
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When determining whether Tapestry is a strong investment it is important to analyze Tapestry'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 Tapestry's future performance. For an informed investment choice regarding Tapestry Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tapestry. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Tapestry Stock, please use our How to Invest in Tapestry guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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When running Tapestry's price analysis, check to measure Tapestry'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 Tapestry is operating at the current time. Most of Tapestry's value examination focuses on studying past and present price action to predict the probability of Tapestry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tapestry's price. Additionally, you may evaluate how the addition of Tapestry to your portfolios can decrease your overall portfolio volatility.
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Is Tapestry'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 Tapestry. If investors know Tapestry 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 Tapestry 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 0.022 | Dividend Share 1.3 | Earnings Share 3.97 | Revenue Per Share 29.17 | Quarterly Revenue Growth 0.029 |
The market value of Tapestry is measured differently than its book value, which is the value of Tapestry that is recorded on the company's balance sheet. Investors also form their own opinion of Tapestry's value that differs from its market value or its book value, called intrinsic value, which is Tapestry'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 Tapestry's market value can be influenced by many factors that don't directly affect Tapestry'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 Tapestry's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tapestry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tapestry'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.