Tapestry Long Term Debt vs Total Current Assets 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 Long Term Debt and its Total Current Assets 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.

Long Term Debt vs Total Current Assets

Long Term Debt vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tapestry Long Term Debt account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Tapestry's Long Term Debt and Total Current Assets is 0.61. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Tapestry, assuming nothing else is changed. The correlation between historical values of Tapestry's Long Term Debt and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Tapestry are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Long Term Debt i.e., Tapestry's Long Term Debt and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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 05/10/2024, 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

Gross Profit Total Revenue

Tapestry fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Other Current Liab	Total Current Liabilities	Other Liab	Property Plant And Equipment Net	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Inventory	Other Current Assets	Total Current Assets	Short Term Debt	Intangible Assets	Property Plant Equipment
Total Assets		0.9	0.6	0.74	-0.46	0.95	0.96	0.56	0.79	0.69	0.87	0.79	0.37	0.96	0.47	0.2	0.92	0.36	0.57	0.91	0.88	0.68	0.67	0.37	0.87	0.87
Short Long Term Debt Total	0.9		0.21	0.93	-0.6	0.98	0.98	0.17	0.79	0.4	0.96	0.72	0.14	0.93	0.45	0.23	0.87	0.15	0.22	0.82	0.82	0.66	0.43	0.46	0.82	0.96
Total Stockholder Equity	0.6	0.21		-0.05	0.12	0.34	0.36	0.94	0.48	0.86	0.21	0.33	0.69	0.43	0.05	-0.02	0.48	0.65	0.89	0.5	0.36	0.17	0.82	0.14	0.43	0.21
Net Debt	0.74	0.93	-0.05		-0.7	0.89	0.89	-0.04	0.68	0.25	0.91	0.69	-0.23	0.87	0.53	0.28	0.72	-0.22	-0.01	0.77	0.81	0.71	0.1	0.23	0.79	0.91
Common Stock Shares Outstanding	-0.46	-0.6	0.12	-0.7		-0.6	-0.58	0.08	-0.38	-0.09	-0.61	-0.64	0.29	-0.54	-0.67	-0.07	-0.49	0.26	0.02	-0.4	-0.65	-0.75	-0.06	-0.12	-0.42	-0.61
Non Current Liabilities Total	0.95	0.98	0.34	0.89	-0.6		1.0	0.3	0.77	0.53	0.93	0.8	0.19	0.96	0.53	0.24	0.94	0.2	0.36	0.89	0.87	0.69	0.51	0.4	0.89	0.93
Total Liab	0.96	0.98	0.36	0.89	-0.58	1.0		0.34	0.81	0.53	0.95	0.8	0.2	0.97	0.5	0.25	0.91	0.2	0.37	0.89	0.89	0.71	0.52	0.39	0.87	0.95
Other Current Liab	0.56	0.17	0.94	-0.04	0.08	0.3	0.34		0.51	0.83	0.22	0.4	0.57	0.41	0.08	0.15	0.4	0.52	0.88	0.46	0.42	0.25	0.75	-0.01	0.37	0.22
Total Current Liabilities	0.79	0.79	0.48	0.68	-0.38	0.77	0.81	0.51		0.57	0.83	0.57	0.25	0.79	0.16	0.33	0.64	0.22	0.43	0.69	0.69	0.51	0.6	0.34	0.64	0.83
Other Liab	0.69	0.4	0.86	0.25	-0.09	0.53	0.53	0.83	0.57		0.34	0.45	0.37	0.64	0.36	0.09	0.67	0.33	0.88	0.75	0.55	0.28	0.64	0.03	0.72	0.34
Property Plant And Equipment Net	0.87	0.96	0.21	0.91	-0.61	0.93	0.95	0.22	0.83	0.34		0.73	0.09	0.91	0.43	0.2	0.74	0.07	0.15	0.77	0.84	0.75	0.39	0.34	0.74	1.0
Accounts Payable	0.79	0.72	0.33	0.69	-0.64	0.8	0.8	0.4	0.57	0.45	0.73		0.04	0.78	0.56	0.46	0.72	0.06	0.34	0.72	0.89	0.88	0.43	0.04	0.7	0.73
Cash	0.37	0.14	0.69	-0.23	0.29	0.19	0.2	0.57	0.25	0.37	0.09	0.04		0.11	-0.25	-0.14	0.34	0.99	0.61	0.1	-0.02	-0.18	0.87	0.61	0.05	0.09
Non Current Assets Total	0.96	0.93	0.43	0.87	-0.54	0.96	0.97	0.41	0.79	0.64	0.91	0.78	0.11		0.55	0.2	0.88	0.09	0.4	0.96	0.9	0.73	0.44	0.21	0.94	0.91
Non Currrent Assets Other	0.47	0.45	0.05	0.53	-0.67	0.53	0.5	0.08	0.16	0.36	0.43	0.56	-0.25	0.55		-0.14	0.51	-0.24	0.17	0.58	0.61	0.63	0.0	-0.07	0.59	0.43
Other Assets	0.2	0.23	-0.02	0.28	-0.07	0.24	0.25	0.15	0.33	0.09	0.2	0.46	-0.14	0.2	-0.14		0.21	-0.07	0.19	0.17	0.36	0.17	0.12	0.03	0.17	0.2
Long Term Debt	0.92	0.87	0.48	0.72	-0.49	0.94	0.91	0.4	0.64	0.67	0.74	0.72	0.34	0.88	0.51	0.21		0.36	0.56	0.87	0.77	0.53	0.61	0.44	0.89	0.74
Cash And Short Term Investments	0.36	0.15	0.65	-0.22	0.26	0.2	0.2	0.52	0.22	0.33	0.07	0.06	0.99	0.09	-0.24	-0.07	0.36		0.61	0.08	-0.01	-0.2	0.87	0.67	0.04	0.07
Net Receivables	0.57	0.22	0.89	-0.01	0.02	0.36	0.37	0.88	0.43	0.88	0.15	0.34	0.61	0.4	0.17	0.19	0.56	0.61		0.49	0.4	0.08	0.79	0.26	0.44	0.15
Good Will	0.91	0.82	0.5	0.77	-0.4	0.89	0.89	0.46	0.69	0.75	0.77	0.72	0.1	0.96	0.58	0.17	0.87	0.08	0.49		0.86	0.64	0.42	0.13	0.99	0.77
Inventory	0.88	0.82	0.36	0.81	-0.65	0.87	0.89	0.42	0.69	0.55	0.84	0.89	-0.02	0.9	0.61	0.36	0.77	-0.01	0.4	0.86		0.87	0.4	0.14	0.81	0.84
Other Current Assets	0.68	0.66	0.17	0.71	-0.75	0.69	0.71	0.25	0.51	0.28	0.75	0.88	-0.18	0.73	0.63	0.17	0.53	-0.2	0.08	0.64	0.87		0.18	-0.13	0.6	0.75
Total Current Assets	0.67	0.43	0.82	0.1	-0.06	0.51	0.52	0.75	0.6	0.64	0.39	0.43	0.87	0.44	0.0	0.12	0.61	0.87	0.79	0.42	0.4	0.18		0.58	0.37	0.39
Short Term Debt	0.37	0.46	0.14	0.23	-0.12	0.4	0.39	-0.01	0.34	0.03	0.34	0.04	0.61	0.21	-0.07	0.03	0.44	0.67	0.26	0.13	0.14	-0.13	0.58		0.12	0.34
Intangible Assets	0.87	0.82	0.43	0.79	-0.42	0.89	0.87	0.37	0.64	0.72	0.74	0.7	0.05	0.94	0.59	0.17	0.89	0.04	0.44	0.99	0.81	0.6	0.37	0.12		0.74
Property Plant Equipment	0.87	0.96	0.21	0.91	-0.61	0.93	0.95	0.22	0.83	0.34	1.0	0.73	0.09	0.91	0.43	0.2	0.74	0.07	0.15	0.77	0.84	0.75	0.39	0.34	0.74

Click cells to compare fundamentals

Tapestry Account Relationship Matchups

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:

How To Invest In Tapestry

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Is Tapestry Stock a good investment?

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What is Tapestry's Net Worth?

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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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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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.

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Tapestry Long Term Debt vs Total Current Assets Analysis

Long Term Debt vs Total Current Assets

Long Term Debt vs Total Current Assets Correlation Analysis

Correlation Coefficient

Long Term Debt

Total Current Assets

Tapestry fundamental ratios Correlations

Tapestry Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tapestry fundamental ratios Accounts

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Complementary Tools for Tapestry Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Non Current Liabilities Total
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.99	Cash
Intangible Assets	+ 0.99	Good Will
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.98	Short Long Term Debt Total

Other Current Assets	- 0.75	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.7	Net Debt
Non Currrent Assets Other	- 0.67	Common Stock Shares Outstanding
Inventory	- 0.65	Common Stock Shares Outstanding
Accounts Payable	- 0.64	Common Stock Shares Outstanding
Property Plant Equipment	- 0.61	Common Stock Shares Outstanding