Ross Historical Balance Sheet
0KXO Stock | 155.48 0.79 0.51% |
Trend analysis of Ross Stores balance sheet accounts such as Other Current Liab of 897.1 M, Total Current Liabilities of 2.8 B or Total Stockholder Equity of 3.4 B provides information on Ross Stores' total assets, liabilities, and equity, which is the actual value of Ross Stores to its prevalent stockholders. By breaking down trends over time using Ross Stores 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.
Financial Statement Analysis is much more than just reviewing and examining Ross Stores latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ross Stores is a good buy for the upcoming year.
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About Ross Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Ross Stores at a specified time, usually calculated after every quarter, six months, or one year. Ross Stores Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ross Stores 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 Ross currently owns. An asset can also be divided into two categories, current and non-current.
Ross Stores Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Ross Stores 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 Ross Stores 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 Ross Stores balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ross Stores 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.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Long Term Debt
Long-term debt is a debt that Ross Stores has held for over one year. Long-term debt appears on Ross Stores 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 Ross Stores 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 accounts from Ross Stores' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Ross Stores current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ross Stores. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Ross Stock please use our How to Invest in Ross Stores guide.At this time, Ross Stores' Net Debt is comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 255.4 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 897.1 M in 2024.
2014 | 2020 | 2023 | 2024 (projected) | Other Current Liabilities | 812.1M | 866.2M | 1.1B | 897.1M | Total Assets | 10.3B | 14.4B | 15.3B | 9.5B |
Ross Stores balance sheet Correlations
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Ross Stores Account Relationship Matchups
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Ross Stock Analysis
When running Ross Stores' price analysis, check to measure Ross Stores' 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 Ross Stores is operating at the current time. Most of Ross Stores' value examination focuses on studying past and present price action to predict the probability of Ross Stores' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ross Stores' price. Additionally, you may evaluate how the addition of Ross Stores to your portfolios can decrease your overall portfolio volatility.