Genesco Capital Expenditures vs Other Non Cash Items Analysis

GCO Stock  USD 40.92  0.36  0.87%   
Genesco financial indicator trend analysis is much more than just examining Genesco latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genesco is a good investment. Please check the relationship between Genesco Capital Expenditures and its Other Non Cash Items accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Genesco Stock, please use our How to Invest in Genesco guide.

Capital Expenditures vs Other Non Cash Items

Capital Expenditures vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genesco Capital Expenditures account and Other Non Cash Items. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Genesco's Capital Expenditures and Other Non Cash Items is 0.11. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Genesco, assuming nothing else is changed. The correlation between historical values of Genesco's Capital Expenditures and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Genesco are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Capital Expenditures i.e., Genesco's Capital Expenditures and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capital Expenditures

Capital Expenditures are funds used by Genesco to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Genesco operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Other Non Cash Items

Most indicators from Genesco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genesco 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 Genesco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Genesco Stock, please use our How to Invest in Genesco guide.As of the 24th of December 2024, Selling General Administrative is likely to drop to about 549.7 M. In addition to that, Discontinued Operations is likely to drop to about (309 K)
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.1B1.1B716.3M
Total Revenue2.4B2.4B2.3B1.5B

Genesco fundamental ratios Correlations

0.240.180.930.740.450.130.60.390.760.150.39-0.240.130.490.590.430.440.710.180.760.260.660.280.770.8
0.24-0.690.35-0.430.960.96-0.580.360.7-0.510.36-0.46-0.790.91-0.510.160.670.80.85-0.340.89-0.32-0.7-0.12-0.1
0.18-0.690.050.65-0.56-0.60.76-0.46-0.110.69-0.460.080.8-0.560.740.06-0.56-0.4-0.50.45-0.780.60.820.270.35
0.930.350.050.570.50.190.430.570.720.160.57-0.22-0.010.540.390.470.470.780.240.670.450.530.10.720.77
0.74-0.430.650.57-0.18-0.480.970.070.30.450.070.070.67-0.220.930.26-0.050.05-0.290.93-0.360.890.770.720.82
0.450.96-0.560.5-0.180.91-0.350.360.85-0.430.36-0.46-0.670.89-0.280.20.70.850.88-0.120.85-0.07-0.530.030.11
0.130.96-0.60.19-0.480.91-0.610.080.67-0.480.08-0.51-0.80.84-0.480.020.590.70.87-0.480.77-0.36-0.66-0.26-0.24
0.6-0.580.760.430.97-0.35-0.61-0.020.150.55-0.020.080.81-0.380.930.21-0.26-0.12-0.430.88-0.510.880.870.670.74
0.390.36-0.460.570.070.360.08-0.020.25-0.241.00.09-0.150.4-0.250.50.370.510.150.390.620.09-0.280.420.42
0.760.7-0.110.720.30.850.670.150.25-0.060.25-0.54-0.230.720.210.260.490.810.710.270.60.4-0.040.340.43
0.15-0.510.690.160.45-0.43-0.480.55-0.24-0.06-0.240.00.71-0.410.52-0.01-0.63-0.24-0.380.35-0.430.570.640.30.14
0.390.36-0.460.570.070.360.08-0.021.00.25-0.240.09-0.150.4-0.250.50.370.510.150.390.620.09-0.280.420.42
-0.24-0.460.08-0.220.07-0.46-0.510.080.09-0.540.00.090.17-0.46-0.02-0.150.0-0.43-0.390.16-0.390.01-0.14-0.10.1
0.13-0.790.8-0.010.67-0.67-0.80.81-0.15-0.230.71-0.150.17-0.670.650.07-0.76-0.5-0.670.57-0.720.70.890.420.35
0.490.91-0.560.54-0.220.890.84-0.380.40.72-0.410.4-0.46-0.67-0.320.260.70.950.64-0.140.8-0.21-0.570.160.05
0.59-0.510.740.390.93-0.28-0.480.93-0.250.210.52-0.25-0.020.65-0.320.07-0.13-0.09-0.330.77-0.510.80.820.60.66
0.430.160.060.470.260.20.020.210.50.26-0.010.5-0.150.070.260.070.130.370.040.450.160.310.10.470.44
0.440.67-0.560.47-0.050.70.59-0.260.370.49-0.630.370.0-0.760.7-0.130.130.70.580.060.63-0.2-0.60.070.25
0.710.8-0.40.780.050.850.7-0.120.510.81-0.240.51-0.43-0.50.95-0.090.370.70.570.150.760.05-0.380.390.33
0.180.85-0.50.24-0.290.880.87-0.430.150.71-0.380.15-0.39-0.670.64-0.330.040.580.57-0.280.75-0.11-0.51-0.33-0.11
0.76-0.340.450.670.93-0.12-0.480.880.390.270.350.390.160.57-0.140.770.450.060.15-0.28-0.170.830.610.810.9
0.260.89-0.780.45-0.360.850.77-0.510.620.6-0.430.62-0.39-0.720.8-0.510.160.630.760.75-0.17-0.26-0.65-0.010.0
0.66-0.320.60.530.89-0.07-0.360.880.090.40.570.090.010.7-0.210.80.31-0.20.05-0.110.83-0.260.750.640.72
0.28-0.70.820.10.77-0.53-0.660.87-0.28-0.040.64-0.28-0.140.89-0.570.820.1-0.6-0.38-0.510.61-0.650.750.450.41
0.77-0.120.270.720.720.03-0.260.670.420.340.30.42-0.10.420.160.60.470.070.39-0.330.81-0.010.640.450.75
0.8-0.10.350.770.820.11-0.240.740.420.430.140.420.10.350.050.660.440.250.33-0.110.90.00.720.410.75
Click cells to compare fundamentals

Genesco Account Relationship Matchups

Genesco fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.6B1.6B1.5B1.3B839.9M
Short Long Term Debt Total805.0M734.0M632.6M580.4M522.9M549.1M
Other Current Liab83.5M62.7M(30.9M)67.5M74.5M69.2M
Total Current Liabilities361.9M402.9M431.7M360.8M319.5M190.9M
Total Stockholder Equity619.3M566.8M602.5M607.0M571.2M422.8M
Property Plant And Equipment Net973.4M829.6M760.1M704.7M677.2M711.0M
Net Debt723.6M518.9M312.1M532.4M487.8M512.2M
Retained Earnings378.6M320.9M350.2M346.9M296.8M268.2M
Cash81.4M215.1M320.5M48.0M35.2M67.3M
Non Current Assets Total1.2B919.8M852.3M883.8M822.5M863.7M
Non Currrent Assets Other40.4M20.7M22.3M84.9M82.3M82.9M
Cash And Short Term Investments81.4M215.1M320.5M48.0M35.2M67.3M
Net Receivables29.2M31.4M39.5M40.8M53.6M34.4M
Common Stock Shares Outstanding15.7M14.2M14.5M12.7M11.2M17.3M
Liabilities And Stockholders Equity1.7B1.6B1.6B1.5B1.3B839.9M
Non Current Liabilities Total699.2M617.7M527.9M488.7M439.2M226.2M
Inventory365.3M291.0M278.2M458.0M379.0M286.4M
Other Current Assets32.3M260.3M71.6M25.8M39.6M43.1M
Other Stockholder Equity256.2M264.5M273.6M287.4M301.3M180.3M
Total Liab1.1B1.0B959.6M849.5M758.7M417.1M
Property Plant And Equipment Gross973.4M829.6M760.1M704.7M1.2B1.3B
Total Current Assets508.2M667.6M709.8M572.7M507.4M442.6M
Accumulated Other Comprehensive Income(31.7M)(35.1M)(36.4M)(41.2M)(39.6M)(41.6M)
Short Term Debt142.7M173.5M290.2M134.5M129.2M135.6M
Common Stock15.2M15.4M14.3M13.1M12.0M17.5M
Intangible Assets36.4M30.9M29.9M27.4M27.3M50.1M
Current Deferred Revenue25.1M19.5M19.5M28.6M1.2M1.2M
Accounts Payable135.8M150.4M152.5M145.0M114.6M113.8M
Common Stock Total Equity20.4M19.6M15.2M15.4M13.9M17.8M
Other Liab36.9M57.1M40.3M42.7M49.1M46.7M
Other Assets40.4M20.7M23.8M113.5M130.5M137.0M
Long Term Debt14.4M33.0M15.7M44.9M34.7M60.1M
Property Plant Equipment238.3M829.6M760.1M704.7M810.4M851.0M
Good Will122.2M38.6M38.6M38.1M9.6M9.1M
Net Tangible Assets642.5M490.8M497.3M534.1M614.2M639.3M
Long Term Debt Total14.4M33.0M15.7M44.9M40.4M36.2M
Capital Surpluse274.1M282.3M291.4M305.3M351.0M261.2M

Pair Trading with Genesco

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 Genesco 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 Genesco will appreciate offsetting losses from the drop in the long position's value.

Moving together with Genesco Stock

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Moving against Genesco Stock

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  0.61BQ Boqii Holding LimitedPairCorr
The ability to find closely correlated positions to Genesco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Genesco 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 Genesco - 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 Genesco to buy it.
The correlation of Genesco 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 Genesco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Genesco 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 Genesco 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 Genesco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genesco'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 Genesco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genesco Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Genesco Stock, please use our How to Invest in Genesco guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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 Genesco. If investors know Genesco 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 Genesco 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
(0.23)
Earnings Share
(3.11)
Revenue Per Share
210.709
Quarterly Revenue Growth
0.004
Return On Assets
0.0035
The market value of Genesco is measured differently than its book value, which is the value of Genesco that is recorded on the company's balance sheet. Investors also form their own opinion of Genesco's value that differs from its market value or its book value, called intrinsic value, which is Genesco'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 Genesco's market value can be influenced by many factors that don't directly affect Genesco'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 Genesco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesco'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.