Camping Gross Profit vs Income Tax Expense Analysis

CWH Stock  USD 19.49  0.17  0.86%   
Camping World financial indicator trend analysis is way more than just evaluating Camping World Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Camping World Holdings is a good investment. Please check the relationship between Camping World Gross Profit and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Camping World Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Gross Profit vs Income Tax Expense

Gross Profit vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Camping World Holdings Gross Profit account and Income Tax Expense. At this time, the significance of the direction appears to have very week relationship.
The correlation between Camping World's Gross Profit and Income Tax Expense is 0.28. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Camping World Holdings, assuming nothing else is changed. The correlation between historical values of Camping World's Gross Profit 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 Gross Profit of Camping World Holdings 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 Gross Profit i.e., Camping World's Gross Profit and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Camping World Holdings minus its cost of goods sold. It is profit before Camping World operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Tax Expense

Most indicators from Camping World's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Camping World Holdings 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 Camping World Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
The Camping World's current Tax Provision is estimated to increase to about 53 M, while Selling General Administrative is projected to decrease to under 1.1 B.
 2022 2023 2024 2025 (projected)
Gross Profit2.2B1.9B1.8B1.6B
Total Revenue7.0B6.2B6.1B5.3B

Camping World fundamental ratios Correlations

0.270.250.360.310.350.11-0.120.220.320.250.390.3-0.040.230.240.270.33-0.040.310.290.220.330.28-0.090.26
0.270.990.930.970.830.88-0.760.90.970.990.90.88-0.010.990.860.90.8-0.010.980.910.980.970.98-0.761.0
0.250.990.920.960.770.85-0.790.910.951.00.870.84-0.070.990.860.860.8-0.070.970.90.990.960.98-0.811.0
0.360.930.920.940.760.81-0.670.810.910.930.810.84-0.130.910.880.830.83-0.130.960.870.890.920.94-0.620.93
0.310.970.960.940.830.85-0.730.840.940.960.890.85-0.090.940.910.860.88-0.090.980.910.920.990.94-0.690.97
0.350.830.770.760.830.76-0.450.710.870.760.940.880.180.780.660.890.630.180.840.840.760.850.78-0.460.8
0.110.880.850.810.850.76-0.610.740.880.830.80.890.140.850.740.90.680.140.90.80.850.870.88-0.580.87
-0.12-0.76-0.79-0.67-0.73-0.45-0.61-0.81-0.72-0.8-0.59-0.640.25-0.77-0.6-0.64-0.570.25-0.72-0.79-0.79-0.72-0.770.77-0.79
0.220.90.910.810.840.710.74-0.810.880.910.870.74-0.210.920.750.760.66-0.210.860.940.920.830.9-0.910.91
0.320.970.950.910.940.870.88-0.720.880.940.910.950.050.950.770.940.740.050.970.920.960.950.97-0.670.97
0.250.991.00.930.960.760.83-0.80.910.940.860.82-0.110.990.880.840.81-0.110.960.90.980.950.98-0.811.0
0.390.90.870.810.890.940.8-0.590.870.910.860.84-0.030.870.780.840.74-0.030.90.930.850.910.86-0.690.89
0.30.880.840.840.850.880.89-0.640.740.950.820.840.190.850.650.980.590.190.910.840.860.870.9-0.480.87
-0.04-0.01-0.07-0.13-0.090.180.140.25-0.210.05-0.11-0.030.19-0.04-0.330.31-0.121.0-0.06-0.21-0.01-0.04-0.060.24-0.04
0.230.990.990.910.940.780.85-0.770.920.950.990.870.85-0.040.840.870.74-0.040.960.890.990.930.98-0.810.99
0.240.860.860.880.910.660.74-0.60.750.770.880.780.65-0.330.840.640.82-0.330.890.810.790.880.82-0.680.85
0.270.90.860.830.860.890.9-0.640.760.940.840.840.980.310.870.640.640.310.90.830.880.880.89-0.530.89
0.330.80.80.830.880.630.68-0.570.660.740.810.740.59-0.120.740.820.64-0.120.810.730.720.880.74-0.570.8
-0.04-0.01-0.07-0.13-0.090.180.140.25-0.210.05-0.11-0.030.191.0-0.04-0.330.31-0.12-0.06-0.21-0.01-0.04-0.060.24-0.04
0.310.980.970.960.980.840.9-0.720.860.970.960.90.91-0.060.960.890.90.81-0.060.920.940.980.97-0.680.98
0.290.910.90.870.910.840.8-0.790.940.920.90.930.84-0.210.890.810.830.73-0.210.920.880.910.9-0.760.91
0.220.980.990.890.920.760.85-0.790.920.960.980.850.86-0.010.990.790.880.72-0.010.940.880.910.98-0.810.99
0.330.970.960.920.990.850.87-0.720.830.950.950.910.87-0.040.930.880.880.88-0.040.980.910.910.94-0.670.96
0.280.980.980.940.940.780.88-0.770.90.970.980.860.9-0.060.980.820.890.74-0.060.970.90.980.94-0.740.99
-0.09-0.76-0.81-0.62-0.69-0.46-0.580.77-0.91-0.67-0.81-0.69-0.480.24-0.81-0.68-0.53-0.570.24-0.68-0.76-0.81-0.67-0.74-0.78
0.261.01.00.930.970.80.87-0.790.910.971.00.890.87-0.040.990.850.890.8-0.040.980.910.990.960.99-0.78
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Camping World Account Relationship Matchups

Camping World fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding40.0M89.8M42.9M85.0M48.0M66.4M
Total Assets3.3B4.4B4.8B4.8B5.6B3.3B
Short Long Term Debt Total2.6B3.3B3.8B3.9B4.4B2.7B
Other Current Liab126.8M193.2M148.9M247.9M285.0M160.9M
Total Current Liabilities1.0B1.6B1.9B1.9B2.2B1.4B
Total Stockholder Equity26.8M158.1M147.8M124.6M143.3M150.4M
Other Liab201.8M254.3M292.4M287.8M330.9M237.8M
Net Tangible Assets(449.3M)(416.5M)(356.5M)(495.5M)(446.0M)(468.3M)
Property Plant And Equipment Net1.1B1.4B1.5B1.6B1.8B1.9B
Current Deferred Revenue88.2M95.5M95.7M92.4M106.2M90.0M
Net Debt2.4B3.1B3.7B3.8B4.4B2.5B
Retained Earnings(21.8M)189.5M221.0M185.2M213.0M223.7M
Accounts Payable148.5M136.8M127.7M133.5M153.5M121.0M
Cash166.1M267.3M130.1M39.6M45.6M43.3M
Non Current Assets Total1.8B2.1B2.3B2.5B2.9B1.4B
Non Currrent Assets Other15.9M24.9M29.3M39.8M45.8M23.7M
Other Assets147M181.6M224.2M172.5M198.4M140.5M
Long Term Debt20.9M1.4B1.5B1.5B1.7B1.1B
Cash And Short Term Investments166.1M267.3M130.1M39.6M45.6M43.3M
Net Receivables131.6M159.4M162.8M188.3M216.5M139.8M
Good Will413.1M483.6M622.4M711.2M817.9M858.8M
Liabilities And Stockholders Equity3.3B4.4B4.8B4.8B5.6B3.3B
Non Current Liabilities Total2.2B2.5B2.7B2.7B3.1B1.9B
Inventory1.1B1.8B2.1B2.0B2.3B1.5B
Other Current Assets60.2M64.3M66.9M78.2M89.9M51.9M
Other Stockholder Equity48.2M(31.9M)(73.7M)(61.2M)(55.0M)(52.3M)
Total Liab3.3B4.1B4.6B4.6B5.3B3.3B
Property Plant And Equipment Gross1.1B1.4B1.5B2.0B2.2B2.4B
Short Long Term Debt534.6M1.0B1.3B1.4B1.6B853.7M
Total Current Assets1.5B2.3B2.5B2.3B2.7B1.9B
Short Term Debt663.9M1.2B1.5B1.5B1.7B1.0B
Intangible Assets30.1M31.0M20.9M13.7M15.8M22.8M
Property Plant Equipment1.1B367.9M1.4B1.5B1.7B1.8B
Long Term Debt Total1.2B1.2B1.4B1.6B1.8B1.2B
Noncontrolling Interest In Consolidated Entity(126.6M)(36.0M)75.8M99.9M114.8M120.6M
Common Stock Total Equity380K433K479K480K552K426.8K
Retained Earnings Total Equity(83.1M)(21.8M)189.5M221.0M254.2M266.9M
Capital Surpluse50.2M63.3M98.1M106.1M122.0M128.1M
Capital Lease Obligations896.9M916.8M931.0M942.5M1.1B635.0M

Currently Active Assets on Macroaxis

When determining whether Camping World Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Camping World'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 Camping World Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Camping World Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Camping World Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Automotive 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 Camping World. If investors know Camping 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 Camping World 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
(0.72)
Dividend Share
0.5
Earnings Share
(0.80)
Revenue Per Share
127.07
Quarterly Revenue Growth
0.086
The market value of Camping World Holdings is measured differently than its book value, which is the value of Camping that is recorded on the company's balance sheet. Investors also form their own opinion of Camping World's value that differs from its market value or its book value, called intrinsic value, which is Camping World'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 Camping World's market value can be influenced by many factors that don't directly affect Camping World'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 Camping World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Camping World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Camping World'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.