American Other Operating Expenses vs Income Tax Expense Analysis

AEO Stock  USD 19.24  0.66  3.55%   
American Eagle financial indicator trend analysis is way more than just evaluating American Eagle Outfitters prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Eagle Outfitters is a good investment. Please check the relationship between American Eagle Other Operating Expenses and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Eagle Outfitters. 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.

Other Operating Expenses vs Income Tax Expense

Other Operating Expenses vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Eagle Outfitters Other Operating Expenses account and Income Tax Expense. At this time, the significance of the direction appears to have very week relationship.
The correlation between American Eagle's Other Operating Expenses and Income Tax Expense is 0.2. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of American Eagle Outfitters, assuming nothing else is changed. The correlation between historical values of American Eagle's Other Operating Expenses and Income Tax Expense 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 Operating Expenses of American Eagle Outfitters are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Other Operating Expenses i.e., American Eagle's Other Operating Expenses and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of American Eagle Outfitters. It is also known as American Eagle overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Tax Expense

Most indicators from American Eagle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Eagle Outfitters 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 American Eagle Outfitters. 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.
As of the 1st of December 2024, Discontinued Operations is likely to grow to about 5.9 M, while Selling General Administrative is likely to drop about 624.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.0B1.7B2.0B1.0B
Total Revenue5.0B5.0B5.3B2.7B

American Eagle fundamental ratios Correlations

0.45-0.740.980.650.960.810.640.30.970.560.350.370.890.910.24-0.630.950.870.730.930.690.890.72-0.58-0.59
0.450.040.460.710.33-0.010.780.680.310.50.650.320.220.40.82-0.780.30.080.740.180.810.180.87-0.92-0.92
-0.740.04-0.67-0.11-0.86-0.94-0.29-0.06-0.82-0.16-0.070.16-0.94-0.480.110.38-0.89-0.7-0.33-0.89-0.24-0.64-0.19-0.02-0.02
0.980.46-0.670.630.930.770.660.290.940.620.350.340.840.920.21-0.650.920.890.710.880.690.880.76-0.61-0.62
0.650.71-0.110.630.510.210.840.390.540.60.430.550.330.740.41-0.580.430.420.840.410.940.510.81-0.86-0.86
0.960.33-0.860.930.510.910.60.160.990.550.190.20.940.810.1-0.630.970.850.590.960.610.850.58-0.44-0.44
0.81-0.01-0.940.770.210.910.31-0.090.910.34-0.080.070.950.62-0.12-0.40.930.770.330.940.320.820.25-0.06-0.06
0.640.78-0.290.660.840.60.310.450.570.680.460.10.450.610.42-0.850.530.380.790.430.950.40.83-0.83-0.82
0.30.68-0.060.290.390.16-0.090.450.1-0.120.97-0.010.220.160.79-0.40.250.030.740.160.43-0.040.59-0.55-0.54
0.970.31-0.820.940.540.990.910.570.10.580.140.30.930.850.09-0.590.960.870.580.960.610.910.58-0.44-0.45
0.560.5-0.160.620.60.550.340.68-0.120.58-0.110.390.310.670.1-0.610.420.510.310.380.670.590.66-0.66-0.67
0.350.65-0.070.350.430.19-0.080.460.970.14-0.110.040.230.250.72-0.40.270.120.770.180.440.00.63-0.57-0.57
0.370.320.160.340.550.20.070.1-0.010.30.390.040.080.540.320.030.160.320.310.220.340.50.41-0.5-0.5
0.890.22-0.940.840.330.940.950.450.220.930.310.230.080.650.14-0.540.990.750.550.960.450.790.44-0.24-0.25
0.910.4-0.480.920.740.810.620.610.160.850.670.250.540.650.09-0.530.760.860.660.750.710.880.73-0.64-0.64
0.240.820.110.210.410.1-0.120.420.790.090.10.720.320.140.09-0.410.17-0.120.620.070.450.020.62-0.65-0.64
-0.63-0.780.38-0.65-0.58-0.63-0.4-0.85-0.4-0.59-0.61-0.40.03-0.54-0.53-0.41-0.59-0.33-0.65-0.45-0.83-0.4-0.780.710.71
0.950.3-0.890.920.430.970.930.530.250.960.420.270.160.990.760.17-0.590.820.620.970.540.850.55-0.36-0.37
0.870.08-0.70.890.420.850.770.380.030.870.510.120.320.750.86-0.12-0.330.820.440.840.40.870.51-0.33-0.33
0.730.74-0.330.710.840.590.330.790.740.580.310.770.310.550.660.62-0.650.620.440.540.850.490.83-0.77-0.76
0.930.18-0.890.880.410.960.940.430.160.960.380.180.220.960.750.07-0.450.970.840.540.460.850.44-0.3-0.3
0.690.81-0.240.690.940.610.320.950.430.610.670.440.340.450.710.45-0.830.540.40.850.460.510.87-0.87-0.87
0.890.18-0.640.880.510.850.820.4-0.040.910.590.00.50.790.880.02-0.40.850.870.490.850.510.52-0.36-0.36
0.720.87-0.190.760.810.580.250.830.590.580.660.630.410.440.730.62-0.780.550.510.830.440.870.52-0.92-0.93
-0.58-0.92-0.02-0.61-0.86-0.44-0.06-0.83-0.55-0.44-0.66-0.57-0.5-0.24-0.64-0.650.71-0.36-0.33-0.77-0.3-0.87-0.36-0.921.0
-0.59-0.92-0.02-0.62-0.86-0.44-0.06-0.82-0.54-0.45-0.67-0.57-0.5-0.25-0.64-0.640.71-0.37-0.33-0.76-0.3-0.87-0.36-0.931.0
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American Eagle Account Relationship Matchups

American Eagle fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.3B3.4B3.8B3.4B3.6B3.7B
Other Current Liab(444.9M)(303.2M)(251.5M)(150.8M)(144.6M)(137.4M)
Total Current Liabilities751.8M858.5M842.9M768.9M891.2M935.7M
Total Stockholder Equity1.2B1.1B1.4B1.6B1.7B993.2M
Property Plant And Equipment Net2.2B1.8B1.9B1.9B1.7B1.8B
Net Debt1.2B952.2M1.4B1.2B831.5M873.1M
Accounts Payable285.7M255.9M231.8M234.3M268.3M149.8M
Cash361.9M850.5M434.8M170.2M354.1M311.5M
Non Current Assets Total2.3B1.9B2.4B2.3B2.1B2.2B
Non Currrent Assets Other51.0M29.0M50.1M56.2M52.5M55.1M
Cash And Short Term Investments416.9M850.5M434.8M170.2M454.1M414.9M
Common Stock Shares Outstanding170.9M166.5M206.5M205.2M196.9M205.5M
Liabilities And Stockholders Equity3.3B3.4B3.8B3.4B3.6B3.7B
Non Current Liabilities Total1.3B1.5B1.5B1.1B930.0M976.5M
Inventory446.3M405.4M553.5M585.1M640.7M672.7M
Other Current Assets125.5M232.9M234.9M102.6M90.7M113.0M
Other Stockholder Equity(829.8M)(743.7M)(741.8M)(507.8M)(463.5M)(440.3M)
Total Liab2.1B2.3B2.4B1.8B1.8B1.9B
Property Plant And Equipment Gross2.2B1.8B1.9B1.9B3.4B3.6B
Total Current Assets1.0B1.5B1.4B1.1B1.4B832.4M
Accumulated Other Comprehensive Income(33.2M)(40.7M)(40.8M)(32.6M)(16.4M)(15.6M)
Short Term Debt598.3M657.2M622.0M674.5M569.0M597.5M
Retained Earnings2.1B1.9B2.2B2.1B2.2B1.3B
Net Receivables119.1M146.1M286.7M242.4M247.9M260.3M
Current Deferred Revenue57.0M62.2M71.4M36.5M66.3M59.1M
Short Term Investments55M325.5M296.0M85.2M100M126.5M
Other Liab27.3M15.6M24.6M22.7M26.1M24.8M
Other Assets73.7M62.1M94.3M92.7M106.6M53.3M
Intangible Assets39.8M57.1M102.7M94.5M46.1M38.1M
Property Plant Equipment735.1M1.8B1.9B1.9B2.1B2.3B
Good Will13.2M13.3M271.4M264.9M225.3M236.6M
Treasury Stock(1.3B)(1.4B)(1.4B)(1.4B)(1.2B)(1.2B)
Net Tangible Assets1.2B1.0B1.0B1.2B1.1B932.5M
Capital Surpluse577.9M663.7M636.4M341.8M307.6M454.7M

Pair Trading with American Eagle

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Eagle position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Eagle will appreciate offsetting losses from the drop in the long position's value.

Moving against American Stock

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The ability to find closely correlated positions to American Eagle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Eagle when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Eagle - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Eagle Outfitters to buy it.
The correlation of American Eagle is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Eagle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Eagle Outfitters moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Eagle can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether American Eagle Outfitters offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of American Eagle's 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 American Eagle Outfitters Stock. Outlined below are crucial reports that will aid in making a well-informed decision on American Eagle Outfitters Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Eagle Outfitters. 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.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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 American Eagle. If investors know American 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 American Eagle 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
0.568
Dividend Share
0.475
Earnings Share
1.25
Revenue Per Share
27.689
Quarterly Revenue Growth
0.075
The market value of American Eagle Outfitters is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Eagle's value that differs from its market value or its book value, called intrinsic value, which is American Eagle'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 American Eagle's market value can be influenced by many factors that don't directly affect American Eagle'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 American Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Eagle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Eagle'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.