Ross Long Term Debt vs Non Currrent Assets Other Analysis

0KXO Stock

155.48 0.79 0.51%

Ross Stores financial indicator trend analysis is much more than just breaking down Ross Stores prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ross Stores is a good investment. Please check the relationship between Ross Stores Long Term Debt and its Non Currrent Assets Other accounts. 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.

Long Term Debt vs Non Currrent Assets Other

Long Term Debt vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ross Stores Long Term Debt account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Ross Stores' Long Term Debt and Non Currrent Assets Other is 0.87. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Ross Stores, assuming nothing else is changed. The correlation between historical values of Ross Stores' Long Term Debt and Non Currrent Assets Other 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 Ross Stores are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Long Term Debt i.e., Ross Stores' Long Term Debt and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Most indicators from Ross Stores' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.Selling General Administrative is likely to gain to about 2.9 B in 2024, whereas Tax Provision is likely to drop slightly above 17.9 M in 2024.

	2014	2020	2023	2024 (projected)
Gross Profit	4.5B	4.7B	6.6B	4.5B
Total Revenue	16.0B	18.7B	20.4B	15.7B

Gross Profit Total Revenue

Ross Stores fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Long Term Debt
Total Assets		0.89	0.99	0.99	0.95	0.61	0.99	0.97	0.89	0.93	0.55	0.36	0.89	0.99	-0.16	-0.86	-0.88	1.0	0.98	0.94	0.98	1.0	0.93	0.81	0.94	0.67
Other Current Liab	0.89		0.93	0.93	0.84	0.51	0.93	0.85	0.79	0.77	0.78	0.7	0.79	0.85	-0.49	-0.87	-0.81	0.84	0.92	0.91	0.92	0.87	0.84	0.76	0.89	0.7
Total Current Liabilities	0.99	0.93		1.0	0.92	0.55	1.0	0.97	0.91	0.88	0.64	0.46	0.91	0.98	-0.26	-0.87	-0.85	0.98	0.98	0.97	0.99	0.99	0.95	0.78	0.95	0.73
Total Stockholder Equity	0.99	0.93	1.0		0.92	0.55	1.0	0.97	0.91	0.89	0.64	0.46	0.91	0.98	-0.26	-0.87	-0.86	0.98	0.98	0.97	0.99	0.99	0.94	0.79	0.95	0.73
Property Plant And Equipment Net	0.95	0.84	0.92	0.92		0.82	0.93	0.84	0.7	0.99	0.39	0.23	0.7	0.89	-0.05	-0.85	-0.96	0.96	0.97	0.8	0.87	0.96	0.77	0.9	0.87	0.43
Net Debt	0.61	0.51	0.55	0.55	0.82		0.57	0.42	0.18	0.86	0.04	-0.01	0.18	0.49	0.08	-0.67	-0.88	0.65	0.7	0.34	0.46	0.62	0.27	0.89	0.56	-0.07
Retained Earnings	0.99	0.93	1.0	1.0	0.93	0.57		0.96	0.9	0.9	0.62	0.45	0.9	0.98	-0.24	-0.87	-0.87	0.98	0.98	0.96	0.99	0.99	0.93	0.79	0.94	0.71
Accounts Payable	0.97	0.85	0.97	0.97	0.84	0.42	0.96		0.97	0.82	0.65	0.42	0.97	0.99	-0.26	-0.84	-0.78	0.95	0.92	0.98	0.99	0.96	0.98	0.71	0.95	0.83
Cash	0.89	0.79	0.91	0.91	0.7	0.18	0.9	0.97		0.65	0.68	0.45	1.0	0.95	-0.27	-0.7	-0.6	0.86	0.81	0.97	0.95	0.88	1.0	0.51	0.86	0.89
Non Current Assets Total	0.93	0.77	0.88	0.89	0.99	0.86	0.9	0.82	0.65		0.31	0.15	0.65	0.86	0.01	-0.84	-0.96	0.95	0.95	0.74	0.83	0.93	0.72	0.92	0.85	0.38
Non Currrent Assets Other	0.55	0.78	0.64	0.64	0.39	0.04	0.62	0.65	0.68	0.31		0.95	0.68	0.59	-0.89	-0.73	-0.46	0.48	0.59	0.76	0.7	0.53	0.68	0.47	0.74	0.87
Other Assets	0.36	0.7	0.46	0.46	0.23	-0.01	0.45	0.42	0.45	0.15	0.95		0.45	0.36	-0.95	-0.59	-0.33	0.27	0.43	0.57	0.51	0.32	0.46	0.36	0.55	0.69
Cash And Short Term Investments	0.89	0.79	0.91	0.91	0.7	0.18	0.9	0.97	1.0	0.65	0.68	0.45		0.94	-0.27	-0.7	-0.59	0.86	0.81	0.97	0.95	0.88	1.0	0.51	0.86	0.89
Net Receivables	0.99	0.85	0.98	0.98	0.89	0.49	0.98	0.99	0.95	0.86	0.59	0.36	0.94		-0.18	-0.83	-0.81	0.98	0.95	0.96	0.99	0.98	0.97	0.74	0.94	0.76
Good Will	-0.16	-0.49	-0.26	-0.26	-0.05	0.08	-0.24	-0.26	-0.27	0.01	-0.89	-0.95	-0.27	-0.18		0.52	0.22	-0.08	-0.25	-0.39	-0.32	-0.13	-0.28	-0.29	-0.44	-0.62
Common Stock Shares Outstanding	-0.86	-0.87	-0.87	-0.87	-0.85	-0.67	-0.87	-0.84	-0.7	-0.84	-0.73	-0.59	-0.7	-0.83	0.52		0.93	-0.84	-0.92	-0.83	-0.87	-0.86	-0.76	-0.94	-0.97	-0.67
Short Term Investments	-0.88	-0.81	-0.85	-0.86	-0.96	-0.88	-0.87	-0.78	-0.6	-0.96	-0.46	-0.33	-0.59	-0.81	0.22	0.93		-0.89	-0.94	-0.73	-0.81	-0.88	-0.67	-0.99	-0.89	-0.42
Non Current Liabilities Total	1.0	0.84	0.98	0.98	0.96	0.65	0.98	0.95	0.86	0.95	0.48	0.27	0.86	0.98	-0.08	-0.84	-0.89		0.97	0.9	0.95	1.0	0.9	0.82	0.92	0.62
Inventory	0.98	0.92	0.98	0.98	0.97	0.7	0.98	0.92	0.81	0.95	0.59	0.43	0.81	0.95	-0.25	-0.92	-0.94	0.97		0.91	0.96	0.98	0.87	0.89	0.95	0.62
Other Current Assets	0.94	0.91	0.97	0.97	0.8	0.34	0.96	0.98	0.97	0.74	0.76	0.57	0.97	0.96	-0.39	-0.83	-0.73	0.9	0.91		0.99	0.93	0.99	0.66	0.93	0.87
Other Stockholder Equity	0.98	0.92	0.99	0.99	0.87	0.46	0.99	0.99	0.95	0.83	0.7	0.51	0.95	0.99	-0.32	-0.87	-0.81	0.95	0.96	0.99		0.97	0.97	0.75	0.96	0.81
Total Liab	1.0	0.87	0.99	0.99	0.96	0.62	0.99	0.96	0.88	0.93	0.53	0.32	0.88	0.98	-0.13	-0.86	-0.88	1.0	0.98	0.93	0.97		0.92	0.81	0.93	0.65
Total Current Assets	0.93	0.84	0.95	0.94	0.77	0.27	0.93	0.98	1.0	0.72	0.68	0.46	1.0	0.97	-0.28	-0.76	-0.67	0.9	0.87	0.99	0.97	0.92		0.58	0.9	0.87
Common Stock	0.81	0.76	0.78	0.79	0.9	0.89	0.79	0.71	0.51	0.92	0.47	0.36	0.51	0.74	-0.29	-0.94	-0.99	0.82	0.89	0.66	0.75	0.81	0.58		0.86	0.38
Short Long Term Debt Total	0.94	0.89	0.95	0.95	0.87	0.56	0.94	0.95	0.86	0.85	0.74	0.55	0.86	0.94	-0.44	-0.97	-0.89	0.92	0.95	0.93	0.96	0.93	0.9	0.86		0.79
Long Term Debt	0.67	0.7	0.73	0.73	0.43	-0.07	0.71	0.83	0.89	0.38	0.87	0.69	0.89	0.76	-0.62	-0.67	-0.42	0.62	0.62	0.87	0.81	0.65	0.87	0.38	0.79

Click cells to compare fundamentals

Ross Stores Account Relationship Matchups

Also Currently Popular

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.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Ross Long Term Debt vs Non Currrent Assets Other Analysis

Long Term Debt vs Non Currrent Assets Other

Long Term Debt vs Non Currrent Assets Other Correlation Analysis

Correlation Coefficient

Long Term Debt

Non Currrent Assets Other

Ross Stores fundamental ratios Correlations

Ross Stores Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for Ross Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash

Common Stock	- 0.99	Short Term Investments
Short Long Term Debt Total	- 0.97	Common Stock Shares Outstanding
Short Term Investments	- 0.96	Non Current Assets Total
Short Term Investments	- 0.96	Property Plant And Equipment Net
Good Will	- 0.95	Other Assets
Inventory	- 0.94	Short Term Investments