Bath Property Plant And Equipment Net vs Non Current Assets Total Analysis

0JSC Stock   39.42  1.68  4.45%   
Bath Body financial indicator trend analysis is way more than just evaluating Bath Body Works prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bath Body Works is a good investment. Please check the relationship between Bath Body Property Plant And Equipment Net and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bath Body Works. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Property Plant And Equipment Net vs Non Current Assets Total

Property Plant And Equipment Net vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bath Body Works Property Plant And Equipment Net account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bath Body's Property Plant And Equipment Net and Non Current Assets Total is 0.97. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Bath Body Works, assuming nothing else is changed. The correlation between historical values of Bath Body's Property Plant And Equipment Net and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Bath Body Works are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Property Plant And Equipment Net i.e., Bath Body's Property Plant And Equipment Net and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Bath Body's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bath Body Works 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 Bath Body Works. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Tax Provision is likely to gain to about 256.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 564.3 M in 2024.
 2014 2020 2023 2024 (projected)
Gross Profit4.7B3.3B3.2B3.6B
Total Revenue12.9B7.6B7.4B8.4B

Bath Body fundamental ratios Correlations

0.210.990.130.920.83-0.20.90.390.990.050.810.390.98-0.220.580.880.910.310.70.910.850.80.520.850.97
0.210.290.99-0.16-0.370.910.530.540.070.820.590.530.080.890.84-0.230.590.94-0.53-0.130.670.740.85-0.32-0.02
0.990.290.210.880.77-0.110.940.410.970.080.820.410.97-0.120.660.830.940.40.630.870.890.850.610.790.94
0.130.990.21-0.24-0.440.940.460.44-0.010.820.540.440.010.910.82-0.320.520.94-0.59-0.220.610.680.83-0.4-0.1
0.92-0.160.88-0.240.97-0.540.670.260.97-0.180.630.260.93-0.570.220.990.68-0.080.920.990.590.520.160.980.99
0.83-0.370.77-0.440.97-0.710.530.060.9-0.390.450.060.88-0.720.060.970.52-0.250.970.940.410.330.00.990.93
-0.20.91-0.110.94-0.54-0.710.190.31-0.330.750.240.3-0.30.980.64-0.610.230.84-0.82-0.520.330.420.67-0.67-0.41
0.90.530.940.460.670.530.190.480.830.190.780.470.850.20.850.610.980.670.340.670.980.950.820.550.77
0.390.540.410.440.260.060.310.480.310.520.531.00.190.360.360.310.490.360.020.40.60.620.320.220.28
0.990.070.97-0.010.970.9-0.330.830.31-0.040.760.310.98-0.360.460.930.840.180.790.950.760.70.410.911.0
0.050.820.080.82-0.18-0.390.750.190.52-0.040.610.52-0.10.660.46-0.240.330.59-0.43-0.150.390.470.46-0.31-0.1
0.810.590.820.540.630.450.240.780.530.760.610.530.720.150.690.560.880.540.340.630.850.860.640.50.72
0.390.530.410.440.260.060.30.471.00.310.520.530.180.360.350.310.480.350.020.40.60.610.310.210.28
0.980.080.970.010.930.88-0.30.850.190.98-0.10.720.18-0.330.520.870.850.240.750.890.760.70.470.860.97
-0.220.89-0.120.91-0.57-0.720.980.20.36-0.360.660.150.36-0.330.62-0.610.210.83-0.84-0.520.330.410.66-0.68-0.44
0.580.840.660.820.220.060.640.850.360.460.460.690.350.520.620.120.860.95-0.170.210.890.911.00.060.38
0.88-0.230.83-0.320.990.97-0.610.610.310.93-0.240.560.310.87-0.610.120.6-0.170.940.990.530.450.060.990.96
0.910.590.940.520.680.520.230.980.490.840.330.880.480.850.210.860.60.680.330.670.980.970.830.540.78
0.310.940.40.94-0.08-0.250.840.670.360.180.590.540.350.240.830.95-0.170.68-0.46-0.080.740.790.97-0.240.08
0.7-0.530.63-0.590.920.97-0.820.340.020.79-0.430.340.020.75-0.84-0.170.940.33-0.460.890.220.14-0.220.970.85
0.91-0.130.87-0.220.990.94-0.520.670.40.95-0.150.630.40.89-0.520.210.990.67-0.080.890.610.540.140.980.97
0.850.670.890.610.590.410.330.980.60.760.390.850.60.760.330.890.530.980.740.220.611.00.850.460.7
0.80.740.850.680.520.330.420.950.620.70.470.860.610.70.410.910.450.970.790.140.541.00.880.380.64
0.520.850.610.830.160.00.670.820.320.410.460.640.310.470.661.00.060.830.97-0.220.140.850.880.00.32
0.85-0.320.79-0.40.980.99-0.670.550.220.91-0.310.50.210.86-0.680.060.990.54-0.240.970.980.460.380.00.94
0.97-0.020.94-0.10.990.93-0.410.770.281.0-0.10.720.280.97-0.440.380.960.780.080.850.970.70.640.320.94
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Bath Body Account Relationship Matchups

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