Foot Income Before Tax vs Non Recurring Analysis

FL Stock

USD 25.31 0.83 3.39%

Foot Locker financial indicator trend analysis is much more than just examining Foot Locker latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foot Locker is a good investment. Please check the relationship between Foot Locker Income Before Tax and its Non Recurring accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foot Locker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Foot Stock please use our How to buy in Foot Stock guide.

Income Before Tax vs Non Recurring

Income Before Tax vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foot Locker Income Before Tax account and Non Recurring. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Foot Locker's Income Before Tax and Non Recurring is -0.06. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Foot Locker, assuming nothing else is changed. The correlation between historical values of Foot Locker's Income Before Tax and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Foot Locker are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Income Before Tax i.e., Foot Locker's Income Before Tax and Non Recurring go up and down completely randomly.

Correlation Coefficient

-0.06

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Foot Locker income statement and is an important metric when analyzing Foot Locker profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Non Recurring

Most indicators from Foot Locker's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foot Locker 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foot Locker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Foot Stock please use our How to buy in Foot Stock guide.At this time, Foot Locker's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 7.20 this year, although the value of Selling General Administrative will most likely fall to about 1.5 B.

	2021	2022	2023	2024 (projected)
Gross Profit	3.1B	2.8B	2.1B	1.7B
Total Revenue	9.0B	8.8B	8.2B	5.5B

Gross Profit Total Revenue

Foot Locker fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Net Receivables	Good Will	Common Stock Total Equity	Property Plant And Equipment Gross
Total Assets		0.89	0.0	0.95	0.77	0.89	0.82	0.5	0.09	0.91	-0.08	0.08	-0.82	0.9	0.31	-0.3	0.54	0.98	0.36	0.78	0.26	0.58	0.68	0.66	0.05	0.77
Short Long Term Debt Total	0.89		0.05	0.85	0.49	0.99	0.97	0.2	-0.06	0.98	-0.18	-0.06	-0.87	0.99	0.08	-0.36	0.5	0.93	0.14	0.83	0.28	0.66	0.58	0.73	-0.17	0.95
Other Current Liab	0.0	0.05		0.11	-0.28	0.06	0.25	-0.01	-0.77	0.12	0.13	-0.77	-0.14	0.08	0.49	-0.25	0.13	0.09	-0.68	-0.4	0.67	0.47	0.36	0.29	-0.42	0.11
Total Current Liabilities	0.95	0.85	0.11		0.6	0.85	0.79	0.39	0.07	0.86	-0.02	0.06	-0.8	0.85	0.22	-0.51	0.53	0.96	0.21	0.79	0.51	0.56	0.71	0.58	-0.16	0.72
Total Stockholder Equity	0.77	0.49	-0.28	0.6		0.48	0.37	0.81	0.33	0.57	-0.18	0.32	-0.45	0.52	0.41	0.1	0.37	0.62	0.73	0.48	-0.21	0.36	0.42	0.51	0.59	0.36
Property Plant And Equipment Net	0.89	0.99	0.06	0.85	0.48		0.96	0.21	-0.04	0.97	-0.14	-0.04	-0.89	0.99	0.08	-0.33	0.48	0.93	0.16	0.82	0.29	0.63	0.6	0.7	-0.17	0.95
Net Debt	0.82	0.97	0.25	0.79	0.37	0.96		0.13	-0.29	0.97	-0.16	-0.3	-0.87	0.97	0.19	-0.36	0.52	0.88	-0.06	0.69	0.38	0.78	0.64	0.8	-0.27	0.97
Retained Earnings	0.5	0.2	-0.01	0.39	0.81	0.21	0.13		0.32	0.31	-0.29	0.31	-0.15	0.25	0.4	0.08	0.07	0.36	0.64	0.12	-0.21	0.22	0.25	0.33	0.75	0.11
Cash	0.09	-0.06	-0.77	0.07	0.33	-0.04	-0.29	0.32		-0.13	-0.1	1.0	0.2	-0.09	-0.53	0.02	-0.29	0.01	0.78	0.36	-0.46	-0.59	-0.37	-0.45	0.48	-0.21
Non Current Assets Total	0.91	0.98	0.12	0.86	0.57	0.97	0.97	0.31	-0.13		-0.16	-0.13	-0.88	0.99	0.19	-0.32	0.53	0.93	0.15	0.76	0.3	0.77	0.63	0.83	-0.11	0.94
Non Currrent Assets Other	-0.08	-0.18	0.13	-0.02	-0.18	-0.14	-0.16	-0.29	-0.1	-0.16		-0.11	-0.04	-0.13	0.09	0.22	0.1	-0.05	-0.12	-0.1	0.32	-0.12	0.14	-0.22	-0.38	-0.22
Cash And Short Term Investments	0.08	-0.06	-0.77	0.06	0.32	-0.04	-0.3	0.31	1.0	-0.13	-0.11		0.22	-0.09	-0.55	0.02	-0.29	0.0	0.78	0.36	-0.47	-0.59	-0.38	-0.45	0.48	-0.21
Common Stock Shares Outstanding	-0.82	-0.87	-0.14	-0.8	-0.45	-0.89	-0.87	-0.15	0.2	-0.88	-0.04	0.22		-0.89	-0.32	0.15	-0.57	-0.85	-0.12	-0.72	-0.42	-0.66	-0.81	-0.7	0.25	-0.87
Non Current Liabilities Total	0.9	0.99	0.08	0.85	0.52	0.99	0.97	0.25	-0.09	0.99	-0.13	-0.09	-0.89		0.14	-0.29	0.51	0.93	0.15	0.79	0.28	0.69	0.61	0.76	-0.14	0.95
Inventory	0.31	0.08	0.49	0.22	0.41	0.08	0.19	0.4	-0.53	0.19	0.09	-0.55	-0.32	0.14		0.18	0.55	0.25	-0.04	-0.19	0.22	0.44	0.63	0.41	0.11	0.08
Other Current Assets	-0.3	-0.36	-0.25	-0.51	0.1	-0.33	-0.36	0.08	0.02	-0.32	0.22	0.02	0.15	-0.29	0.18		-0.24	-0.39	0.35	-0.4	-0.58	-0.27	-0.18	-0.15	0.49	-0.25
Other Stockholder Equity	0.54	0.5	0.13	0.53	0.37	0.48	0.52	0.07	-0.29	0.53	0.1	-0.29	-0.57	0.51	0.55	-0.24		0.54	0.03	0.45	0.34	0.51	0.52	0.51	-0.32	0.4
Total Liab	0.98	0.93	0.09	0.96	0.62	0.93	0.88	0.36	0.01	0.93	-0.05	0.0	-0.85	0.93	0.25	-0.39	0.54		0.21	0.8	0.38	0.59	0.7	0.64	-0.12	0.82
Total Current Assets	0.36	0.14	-0.68	0.21	0.73	0.16	-0.06	0.64	0.78	0.15	-0.12	0.78	-0.12	0.15	-0.04	0.35	0.03	0.21		0.4	-0.55	-0.23	-0.01	-0.03	0.73	0.03
Short Term Debt	0.78	0.83	-0.4	0.79	0.48	0.82	0.69	0.12	0.36	0.76	-0.1	0.36	-0.72	0.79	-0.19	-0.4	0.45	0.8	0.4		0.15	0.32	0.43	0.42	-0.12	0.73
Accounts Payable	0.26	0.28	0.67	0.51	-0.21	0.29	0.38	-0.21	-0.46	0.3	0.32	-0.47	-0.42	0.28	0.22	-0.58	0.34	0.38	-0.55	0.15		0.42	0.52	0.24	-0.77	0.24
Intangible Assets	0.58	0.66	0.47	0.56	0.36	0.63	0.78	0.22	-0.59	0.77	-0.12	-0.59	-0.66	0.69	0.44	-0.27	0.51	0.59	-0.23	0.32	0.42		0.62	0.97	-0.2	0.72
Net Receivables	0.68	0.58	0.36	0.71	0.42	0.6	0.64	0.25	-0.37	0.63	0.14	-0.38	-0.81	0.61	0.63	-0.18	0.52	0.7	-0.01	0.43	0.52	0.62		0.6	-0.19	0.61
Good Will	0.66	0.73	0.29	0.58	0.51	0.7	0.8	0.33	-0.45	0.83	-0.22	-0.45	-0.7	0.76	0.41	-0.15	0.51	0.64	-0.03	0.42	0.24	0.97	0.6		-0.02	0.78
Common Stock Total Equity	0.05	-0.17	-0.42	-0.16	0.59	-0.17	-0.27	0.75	0.48	-0.11	-0.38	0.48	0.25	-0.14	0.11	0.49	-0.32	-0.12	0.73	-0.12	-0.77	-0.2	-0.19	-0.02		-0.18
Property Plant And Equipment Gross	0.77	0.95	0.11	0.72	0.36	0.95	0.97	0.11	-0.21	0.94	-0.22	-0.21	-0.87	0.95	0.08	-0.25	0.4	0.82	0.03	0.73	0.24	0.72	0.61	0.78	-0.18

Click cells to compare fundamentals

Foot Locker Account Relationship Matchups

Foot Locker fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.6B	7.0B	8.1B	7.9B	6.9B	4.3B
Short Long Term Debt Total	3.3B	3.2B	3.4B	3.2B	2.9B	3.1B
Other Current Liab	300M	(197M)	475M	427M	362M	285.5M
Total Current Liabilities	1.2B	1.6B	1.7B	1.6B	1.3B	752.0M
Total Stockholder Equity	2.5B	2.8B	3.2B	3.3B	2.9B	2.2B
Property Plant And Equipment Net	3.7B	3.5B	3.5B	3.4B	3.1B	3.3B
Net Debt	2.4B	1.5B	2.6B	2.7B	2.6B	2.8B
Retained Earnings	2.1B	2.3B	2.9B	2.9B	2.5B	1.9B
Cash	907M	1.7B	804M	536M	297M	493.1M
Non Current Assets Total	4.2B	4.2B	5.8B	5.4B	4.6B	4.9B
Non Currrent Assets Other	84M	90M	121M	92M	46M	43.7M
Cash And Short Term Investments	907M	1.7B	804M	536M	297M	519.0M
Common Stock Shares Outstanding	109.1M	105.1M	103.8M	95.5M	94.2M	107.2M
Liabilities And Stockholders Equity	6.6B	7.0B	8.1B	7.9B	6.9B	4.3B
Non Current Liabilities Total	2.9B	2.6B	3.1B	3.0B	2.7B	2.8B
Inventory	1.2B	923M	1.3B	1.6B	1.5B	1.0B
Other Current Assets	363M	271M	107M	182M	259M	271.1M
Other Stockholder Equity	7M	(3M)	(88M)	3.3B	(2M)	(1.9M)
Total Liab	4.1B	4.3B	4.9B	4.6B	4.0B	2.1B
Total Current Assets	2.4B	2.8B	2.4B	2.5B	2.2B	2.2B
Short Term Debt	518M	1.3B	578M	674M	497M	521.9M
Accounts Payable	333M	402M	596M	492M	366M	310.9M
Intangible Assets	20M	17M	454M	426M	399M	419.0M
Net Receivables	101M	125M	134M	160M	184M	92.2M
Property Plant And Equipment Gross	3.7B	3.5B	3.5B	3.4B	4.7B	4.9B
Accumulated Other Comprehensive Income	(370M)	(394M)	(331M)	(343M)	(392M)	(384.3M)
Other Liab	122M	116M	331M	328M	295.2M	251.9M
Other Assets	162M	189M	207M	182M	163.8M	230.5M
Long Term Debt	122M	8M	451M	446M	442M	464.1M
Treasury Stock	(63M)	(37M)	(3M)	(88M)	(79.2M)	(83.2M)
Property Plant Equipment	824M	3.5B	3.5B	3.4B	3.9B	4.1B
Net Tangible Assets	2.3B	2.6B	2.0B	2.1B	2.4B	2.5B
Long Term Debt Total	122M	8M	451M	446M	512.9M	538.5M
Deferred Long Term Liab	7M	5M	3M	2M	2.3M	2.2M
Non Current Liabilities Other	2.8B	116M	331M	328M	32M	30.4M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

How To Invest In Foot

Details

Is Foot Stock a good investment?

Details

What is Foot Locker's Net Worth?

Details

Largest Specialty Retail Companies

View

Largest Consumer Discretionary Distribution & Retail Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foot Locker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Foot Stock please use our How to buy in Foot Stock guide.

You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Is Specialty Retail space 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 Foot Locker. If investors know Foot 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 Foot Locker 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

(0.78)

Earnings Share

(3.88)

Revenue Per Share

86.173

Quarterly Revenue Growth

0.019

Return On Assets

0.0118

The market value of Foot Locker is measured differently than its book value, which is the value of Foot that is recorded on the company's balance sheet. Investors also form their own opinion of Foot Locker's value that differs from its market value or its book value, called intrinsic value, which is Foot Locker'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 Foot Locker's market value can be influenced by many factors that don't directly affect Foot Locker'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 Foot Locker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Foot Locker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Foot Locker'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.

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

Foot Income Before Tax vs Non Recurring Analysis

Income Before Tax vs Non Recurring

Income Before Tax vs Non Recurring Correlation Analysis

Correlation Coefficient

Income Before Tax

Non Recurring

Foot Locker fundamental ratios Correlations

Foot Locker Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Foot Locker fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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

Non Current Liabilities Total	- 0.89	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.89	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.88	Non Current Assets Total
Property Plant And Equipment Gross	- 0.87	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.87	Net Debt
Common Stock Shares Outstanding	- 0.87	Short Long Term Debt Total