Levi Other Non Cash Items vs Net Income Analysis

LEVI Stock  USD 17.27  0.21  1.20%   
Levi Strauss financial indicator trend analysis is infinitely more than just investigating Levi Strauss recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Levi Strauss is a good investment. Please check the relationship between Levi Strauss Other Non Cash Items and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Levi Strauss Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Other Non Cash Items vs Net Income

Other Non Cash Items vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Levi Strauss Other Non Cash Items account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Levi Strauss' Other Non Cash Items and Net Income is -0.28. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Income in the same time period over historical financial statements of Levi Strauss Co, assuming nothing else is changed. The correlation between historical values of Levi Strauss' Other Non Cash Items and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Levi Strauss Co are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Non Cash Items i.e., Levi Strauss' Other Non Cash Items and Net Income go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Non Cash Items

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Levi Strauss financial statement analysis. It represents the amount of money remaining after all of Levi Strauss Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Levi Strauss' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Levi Strauss 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Levi Strauss Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
As of now, Levi Strauss' Selling General Administrative is increasing as compared to previous years. The Levi Strauss' current Enterprise Value is estimated to increase to about 9.9 B, while Tax Provision is projected to decrease to under 13.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense25.7M45.9M41.3M39.2M
Depreciation And Amortization158.9M165.3M190.1M112.1M

Levi Strauss fundamental ratios Correlations

0.690.580.960.750.840.480.720.940.360.8-0.090.380.770.860.050.740.260.880.010.830.690.650.890.750.2
0.690.60.720.20.630.810.220.540.280.560.310.30.390.570.340.190.860.40.470.430.960.340.560.450.42
0.580.60.710.210.450.520.320.590.110.390.30.150.670.470.350.220.50.520.580.520.740.320.60.420.39
0.960.720.710.640.820.580.610.950.220.78-0.060.250.810.860.080.680.340.870.150.790.770.640.830.770.23
0.750.20.210.640.820.020.920.750.340.82-0.330.360.630.67-0.450.83-0.260.74-0.410.90.140.770.720.78-0.32
0.840.630.450.820.820.550.750.780.190.990.020.210.690.77-0.360.750.290.710.010.880.570.890.690.92-0.24
0.480.810.520.580.020.550.020.46-0.340.540.52-0.320.380.50.190.120.780.360.580.220.80.480.170.550.22
0.720.220.320.610.920.750.020.70.380.76-0.10.390.560.64-0.320.72-0.180.68-0.310.830.180.70.710.73-0.27
0.940.540.590.950.750.780.460.70.140.77-0.140.170.790.890.020.730.10.960.00.770.590.670.80.80.16
0.360.280.110.220.340.19-0.340.380.140.08-0.371.00.050.120.120.190.070.07-0.210.40.2-0.150.64-0.10.21
0.80.560.390.780.820.990.540.760.770.080.050.110.680.77-0.410.760.210.7-0.040.850.50.930.610.95-0.3
-0.090.310.3-0.06-0.330.020.52-0.1-0.14-0.370.05-0.36-0.080.00.31-0.320.53-0.210.45-0.210.280.07-0.290.070.08
0.380.30.150.250.360.21-0.320.390.171.00.11-0.360.080.160.140.20.090.09-0.20.430.24-0.140.66-0.070.23
0.770.390.670.810.630.690.380.560.790.050.68-0.080.080.63-0.10.760.110.780.190.810.480.70.730.70.07
0.860.570.470.860.670.770.50.640.890.120.770.00.160.630.050.630.180.76-0.030.650.590.60.650.840.14
0.050.340.350.08-0.45-0.360.19-0.320.020.12-0.410.310.14-0.10.05-0.530.4-0.060.34-0.330.43-0.550.06-0.360.92
0.740.190.220.680.830.750.120.720.730.190.76-0.320.20.760.63-0.53-0.190.74-0.250.810.160.770.680.72-0.38
0.260.860.50.34-0.260.290.78-0.180.10.070.210.530.090.110.180.4-0.19-0.030.720.050.840.050.170.120.42
0.880.40.520.870.740.710.360.680.960.070.7-0.210.090.780.76-0.060.74-0.03-0.070.740.450.670.760.720.08
0.010.470.580.15-0.410.010.58-0.310.0-0.21-0.040.45-0.20.19-0.030.34-0.250.72-0.07-0.10.55-0.020.030.00.34
0.830.430.520.790.90.880.220.830.770.40.85-0.210.430.810.65-0.330.810.050.74-0.10.420.770.850.77-0.17
0.690.960.740.770.140.570.80.180.590.20.50.280.240.480.590.430.160.840.450.550.420.290.580.450.53
0.650.340.320.640.770.890.480.70.67-0.150.930.07-0.140.70.6-0.550.770.050.67-0.020.770.290.450.91-0.46
0.890.560.60.830.720.690.170.710.80.640.61-0.290.660.730.650.060.680.170.760.030.850.580.450.520.22
0.750.450.420.770.780.920.550.730.8-0.10.950.07-0.070.70.84-0.360.720.120.720.00.770.450.910.52-0.26
0.20.420.390.23-0.32-0.240.22-0.270.160.21-0.30.080.230.070.140.92-0.380.420.080.34-0.170.53-0.460.22-0.26
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Levi Strauss Account Relationship Matchups

Levi Strauss fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.6B5.9B6.0B6.1B7.0B3.9B
Short Long Term Debt Total2.7B2.2B2.1B2.2B2.0B1.5B
Other Current Liab659.5M833.7M1.0B856.5M770.9M469.8M
Total Current Liabilities1.5B1.9B2.0B1.8B2.1B1.2B
Total Stockholder Equity1.3B1.7B1.9B2.0B2.4B2.5B
Property Plant And Equipment Net1.4B1.6B1.6B1.7B2.0B2.1B
Net Debt1.2B1.4B1.6B1.8B1.6B1.1B
Retained Earnings1.1B1.5B1.7B1.8B2.0B2.1B
Accounts Payable375.5M524.8M657.2M567.9M653.1M330.3M
Cash1.5B810.3M429.6M398.8M458.6M447.1M
Non Current Assets Total2.5B3.2B3.2B3.4B3.9B4.1B
Non Currrent Assets Other261.9M332.6M339.7M400.6M360.5M378.5M
Cash And Short Term Investments1.6B901.8M500.2M398.8M458.6M462.7M
Net Receivables540.2M707.6M697M752.7M865.6M647.6M
Good Will264.8M386.9M365.7M303.7M349.3M265.3M
Common Stock Shares Outstanding397.3M409.8M403.8M401.7M462.0M420.9M
Liabilities And Stockholders Equity5.6B5.9B6.0B6.1B7.0B3.9B
Non Current Liabilities Total2.8B2.4B2.2B2.2B2.0B1.9B
Inventory817.7M898.0M1.4B1.3B1.5B773.5M
Other Current Assets174.6M202.5M213.9M196M176.4M171.2M
Other Stockholder Equity626.2M584.8M625.6M686.7M789.7M829.2M
Total Liab4.3B4.2B4.1B4.0B3.6B2.8B
Property Plant And Equipment Gross454.5M1.6B1.6B3.0B3.4B3.6B
Total Current Assets3.1B2.7B2.8B2.6B3.0B2.1B
Accumulated Other Comprehensive Income(441.4M)(394.4M)(421.7M)(390.9M)(351.8M)(334.2M)
Intangible Assets47.4M291.3M286.7M267.6M307.7M323.1M
Short Term Debt491.9M496.6M247.4M258M296.7M311.5M
Other Assets554.1M1.7B905.7M964.7M1.1B891.9M
Other Liab486.9M387.9M374.6M308.9M278.0M448.0M
Net Tangible Assets1.3B987.3M987.4M1.3B1.4B769.0M
Long Term Debt1.5B1.0B984.5M1.0B1.2B1.2B
Long Term Debt Total1.0B1.5B1.0B984.5M1.1B1.2B
Short Long Term Debt17.6M5.9M11.7M12.5M11.3M17.5M
Property Plant Equipment529.6M454.5M1.6B622.8M716.2M671.4M
Non Current Liabilities Other1.0B1.1B1.0B50.3M57.8M55.0M

Currently Active Assets on Macroaxis

When determining whether Levi Strauss offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Levi Strauss' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Levi Strauss Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Levi Strauss Co Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Levi Strauss Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Textiles, Apparel & Luxury Goods 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 Levi Strauss. If investors know Levi 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 Levi Strauss 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
1.5
Dividend Share
0.49
Earnings Share
0.38
Revenue Per Share
15.454
Quarterly Revenue Growth
0.004
The market value of Levi Strauss is measured differently than its book value, which is the value of Levi that is recorded on the company's balance sheet. Investors also form their own opinion of Levi Strauss' value that differs from its market value or its book value, called intrinsic value, which is Levi Strauss' 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 Levi Strauss' market value can be influenced by many factors that don't directly affect Levi Strauss' 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 Levi Strauss' value and its price as these two are different measures arrived at by different means. Investors typically determine if Levi Strauss is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Levi Strauss' 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.