Guess Gross Profit vs Net Income Analysis

GES Stock  USD 16.46  0.07  0.43%   
Guess financial indicator trend analysis is much more than just examining Guess Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guess Inc is a good investment. Please check the relationship between Guess Gross Profit and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guess Inc. 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.

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guess Inc Gross Profit account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Guess' Gross Profit and Net Income is 0.63. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income in the same time period over historical financial statements of Guess Inc, assuming nothing else is changed. The correlation between historical values of Guess' Gross Profit 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 Gross Profit of Guess Inc 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 Gross Profit i.e., Guess' Gross Profit and Net Income go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Guess Inc minus its cost of goods sold. It is profit before Guess 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Guess Inc financial statement analysis. It represents the amount of money remaining after all of Guess Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Guess' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guess Inc 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 Guess Inc. 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.
At this time, Guess' Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 2.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.30 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.1B1.2B750.7M
Total Revenue2.6B2.7B2.8B1.9B

Guess fundamental ratios Correlations

0.62-0.210.780.170.740.50.740.870.510.760.470.510.87-0.860.680.850.61-0.50.730.560.850.690.390.260.42
0.62-0.290.87-0.540.960.980.040.48-0.080.94-0.23-0.090.33-0.640.990.350.04-0.920.970.90.180.96-0.31-0.4-0.32
-0.21-0.290.010.4-0.26-0.310.17-0.060.0-0.110.210.010.0-0.02-0.270.080.320.07-0.180.110.06-0.510.430.330.47
0.780.870.01-0.180.90.80.350.770.150.950.10.140.63-0.870.910.670.4-0.830.960.870.520.830.1-0.010.14
0.17-0.540.4-0.18-0.34-0.680.70.150.75-0.240.790.760.43-0.23-0.460.290.650.56-0.37-0.320.63-0.50.950.950.9
0.740.96-0.260.9-0.340.910.210.570.060.98-0.020.050.51-0.760.980.470.2-0.850.980.90.360.94-0.1-0.19-0.12
0.50.98-0.310.8-0.680.91-0.110.39-0.290.87-0.36-0.30.22-0.50.960.27-0.09-0.930.920.860.020.92-0.46-0.55-0.45
0.740.040.170.350.70.21-0.110.630.750.30.780.740.75-0.680.120.790.77-0.040.20.140.910.090.830.70.82
0.870.48-0.060.770.150.570.390.630.390.610.470.380.85-0.810.540.930.56-0.40.630.40.810.570.390.310.49
0.51-0.080.00.150.750.06-0.290.750.390.120.711.00.49-0.51-0.020.370.610.220.04-0.020.790.020.760.740.69
0.760.94-0.110.95-0.240.980.870.30.610.120.030.120.55-0.820.970.530.3-0.860.980.940.430.890.01-0.1-0.01
0.47-0.230.210.10.79-0.02-0.360.780.470.710.030.710.61-0.5-0.150.550.550.33-0.07-0.080.75-0.160.870.850.83
0.51-0.090.010.140.760.05-0.30.740.381.00.120.710.49-0.5-0.030.370.610.230.03-0.020.790.010.760.740.7
0.870.330.00.630.430.510.220.750.850.490.550.610.49-0.750.410.870.77-0.220.50.340.90.410.610.510.67
-0.86-0.64-0.02-0.87-0.23-0.76-0.5-0.68-0.81-0.51-0.82-0.5-0.5-0.75-0.71-0.79-0.580.57-0.78-0.67-0.79-0.65-0.49-0.41-0.48
0.680.99-0.270.91-0.460.980.960.120.54-0.020.97-0.15-0.030.41-0.710.430.12-0.910.990.910.270.96-0.22-0.31-0.22
0.850.350.080.670.290.470.270.790.930.370.530.550.370.87-0.790.430.66-0.360.520.330.840.410.530.410.63
0.610.040.320.40.650.2-0.090.770.560.610.30.550.610.77-0.580.120.66-0.030.220.180.830.060.750.650.81
-0.5-0.920.07-0.830.56-0.85-0.93-0.04-0.40.22-0.860.330.23-0.220.57-0.91-0.36-0.03-0.9-0.88-0.09-0.810.320.470.3
0.730.97-0.180.96-0.370.980.920.20.630.040.98-0.070.030.5-0.780.990.520.22-0.90.910.370.93-0.11-0.22-0.1
0.560.90.110.87-0.320.90.860.140.4-0.020.94-0.08-0.020.34-0.670.910.330.18-0.880.910.220.76-0.09-0.22-0.11
0.850.180.060.520.630.360.020.910.810.790.430.750.790.9-0.790.270.840.83-0.090.370.220.280.790.690.81
0.690.96-0.510.83-0.50.940.920.090.570.020.89-0.160.010.41-0.650.960.410.06-0.810.930.760.28-0.28-0.34-0.28
0.39-0.310.430.10.95-0.1-0.460.830.390.760.010.870.760.61-0.49-0.220.530.750.32-0.11-0.090.79-0.280.960.96
0.26-0.40.33-0.010.95-0.19-0.550.70.310.74-0.10.850.740.51-0.41-0.310.410.650.47-0.22-0.220.69-0.340.960.9
0.42-0.320.470.140.9-0.12-0.450.820.490.69-0.010.830.70.67-0.48-0.220.630.810.3-0.1-0.110.81-0.280.960.9
Click cells to compare fundamentals

Guess Account Relationship Matchups

Guess fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.5B2.6B2.4B2.6B1.4B
Short Long Term Debt Total1.2B1.3B1.2B1.1B1.2B1.2B
Other Current Liab(29.3M)(66.1M)(5.5M)28.9M234.0M245.7M
Total Current Liabilities638.4M762.5M817.9M763.1M791.6M831.1M
Total Stockholder Equity639.7M543.7M622.7M534.1M684.9M637.1M
Property Plant And Equipment Net1.1B981M914.6M876.5M913.7M959.4M
Net Debt911.2M782.2M737.7M857.9M802.3M842.4M
Retained Earnings1.1B1.0B1.2B1.3B1.4B783.1M
Accounts Payable232.8M300.4M325.8M289.4M272.8M176.6M
Cash284.6M469.1M415.6M275.8M360.3M272.8M
Non Current Assets Total1.4B1.2B1.3B1.2B1.4B1.4B
Non Currrent Assets Other224.6M252.3M152.8M140.2M228.9M137.4M
Cash And Short Term Investments284.6M469.1M415.6M275.8M360.3M275.7M
Net Receivables327.3M314.1M328.9M341.9M314.8M211.9M
Common Stock Shares Outstanding71.7M64.2M65.9M70.1M69.8M67.9M
Liabilities And Stockholders Equity2.4B2.5B2.6B2.4B2.6B1.4B
Non Current Liabilities Total1.1B1.1B1.1B1.1B1.1B1.1B
Inventory393.1M389.1M462.3M510.9M466.3M281.0M
Other Current Assets59.2M60.1M77.4M83.1M84.1M63.4M
Other Stockholder Equity(351.4M)(371.1M)(401.1M)(609.2M)(591.0M)(561.5M)
Total Liab1.8B1.9B1.9B1.8B1.9B1.9B
Property Plant And Equipment Gross1.1B981M914.6M876.5M1.6B1.7B
Total Current Assets1.1B1.2B1.3B1.2B1.2B828.5M
Accumulated Other Comprehensive Income(139.9M)(120.7M)(135.5M)(134.1M)(137.0M)(130.2M)
Short Term Debt395.9M484.3M440.2M380.8M249.7M262.2M
Common Stock Total Equity813K814K658K642K738.3K686.4K
Common Stock658K642K627K546K530K678.6K
Other Liab129.9M143.0M160.3M157.4M181.0M142.5M
Other Assets188.5M212.6M434.3M420.3M483.4M507.6M
Long Term Debt247.4M327.2M331.6M394.9M364.9M383.2M
Good Will37.1M34.8M36.7M34.9M34.3M32.9M
Treasury Stock(638.5M)(914.4M)(924.2M)(966.1M)(869.5M)(826.0M)
Property Plant Equipment288.1M981M914.6M876.5M1.0B1.1B
Current Deferred Revenue8.0M10.7M12.9M12.7M14.2M14.9M
Net Tangible Assets798.1M609.7M506.9M622.7M560.4M712.3M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Guess Stock Analysis

When running Guess' price analysis, check to measure Guess' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Guess is operating at the current time. Most of Guess' value examination focuses on studying past and present price action to predict the probability of Guess' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guess' price. Additionally, you may evaluate how the addition of Guess to your portfolios can decrease your overall portfolio volatility.