GES Stock | | | USD 16.46 0.07 0.43% |
Guess financial indicator trend analysis is much more than just examining Guess Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guess Inc is a good investment. Please check the relationship between Guess Total Assets and its Property Plant Equipment accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guess Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Total Assets vs Property Plant Equipment
Total Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guess Inc Total Assets account and
Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Guess' Total Assets and Property Plant Equipment is 0.57. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Guess Inc, assuming nothing else is changed. The correlation between historical values of Guess' Total Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Guess Inc are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Assets i.e., Guess' Total Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Guess 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 Guess Inc 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.
Property Plant Equipment
Most indicators from Guess' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guess Inc 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guess Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, Guess'
Tax Provision is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 2.2
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.30 in 2024.
Guess fundamental ratios Correlations
Click cells to compare fundamentals
Guess Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guess fundamental ratios Accounts
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Additional Tools for Guess Stock Analysis
When running Guess' price analysis, check to
measure Guess' 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 Guess is operating at the current time. Most of Guess' value examination focuses on studying past and present price action to
predict the probability of Guess' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guess' price. Additionally, you may evaluate how the addition of Guess to your portfolios can decrease your overall portfolio volatility.