Ross Accumulated Depreciation vs Net Receivables Analysis

ROST Stock

USD 154.87 0.02 0.01%

Ross Stores financial indicator trend analysis is much more than just breaking down Ross Stores prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ross Stores is a good investment. Please check the relationship between Ross Stores Accumulated Depreciation and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ross Stores. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Ross Stock please use our How to Invest in Ross Stores guide.

Accumulated Depreciation vs Net Receivables

Accumulated Depreciation vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ross Stores Accumulated Depreciation account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Ross Stores' Accumulated Depreciation and Net Receivables is 0.45. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Ross Stores, assuming nothing else is changed. The correlation between historical values of Ross Stores' Accumulated Depreciation and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of Ross Stores are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Accumulated Depreciation i.e., Ross Stores' Accumulated Depreciation and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Ross Stores fixed asset that has been charged to Ross Stores expense since that asset was acquired and made available for Ross Stores use. The accumulated depreciation account is Ross Stores asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Ross Stores.

Net Receivables

Most indicators from Ross Stores' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ross Stores 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ross Stores. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Ross Stock please use our How to Invest in Ross Stores guide.Selling General Administrative is likely to gain to about 3.4 B in 2024, whereas Tax Provision is likely to drop slightly above 476 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	5.2B	4.7B	5.6B	5.9B
Total Revenue	18.9B	18.7B	20.4B	21.4B

Gross Profit Total Revenue

Ross Stores fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Current Deferred Revenue	Short Term Investments
Total Assets		0.97	0.92	0.99	0.93	0.98	0.69	0.93	0.97	0.98	-0.57	0.97	0.94	-0.58	0.97	0.86	0.92	0.88	0.99	0.99	0.93	-0.65	0.97	0.44	-0.32	-0.73
Short Long Term Debt Total	0.97		0.81	0.95	0.81	0.96	0.8	0.82	0.96	0.96	-0.64	0.96	0.84	-0.41	1.0	0.72	0.84	0.74	0.99	0.95	0.91	-0.49	0.92	0.27	-0.45	-0.58
Other Current Liab	0.92	0.81		0.95	0.96	0.89	0.46	0.94	0.86	0.89	-0.35	0.86	0.93	-0.72	0.82	0.96	0.91	0.97	0.88	0.92	0.84	-0.82	0.93	0.58	-0.16	-0.85
Total Current Liabilities	0.99	0.95	0.95		0.93	0.97	0.65	0.92	0.96	0.97	-0.53	0.96	0.94	-0.61	0.96	0.88	0.94	0.9	0.98	0.99	0.91	-0.68	0.98	0.46	-0.32	-0.76
Total Stockholder Equity	0.93	0.81	0.96	0.93		0.91	0.5	1.0	0.85	0.92	-0.39	0.85	0.97	-0.69	0.83	0.96	0.88	0.97	0.87	0.92	0.87	-0.78	0.89	0.59	-0.08	-0.79
Property Plant And Equipment Net	0.98	0.96	0.89	0.97	0.91		0.79	0.92	0.92	1.0	-0.62	0.92	0.93	-0.57	0.97	0.85	0.89	0.86	0.98	0.94	0.92	-0.63	0.93	0.44	-0.24	-0.72
Net Debt	0.69	0.8	0.46	0.65	0.5	0.79		0.52	0.61	0.78	-0.72	0.61	0.55	-0.21	0.78	0.43	0.53	0.42	0.74	0.59	0.68	-0.22	0.58	0.07	-0.24	-0.37
Retained Earnings	0.93	0.82	0.94	0.92	1.0	0.92	0.52		0.85	0.92	-0.39	0.85	0.96	-0.64	0.83	0.95	0.86	0.94	0.87	0.92	0.89	-0.75	0.88	0.55	-0.1	-0.75
Cash	0.97	0.96	0.86	0.96	0.85	0.92	0.61	0.85		0.91	-0.53	1.0	0.87	-0.46	0.97	0.76	0.88	0.79	0.98	0.99	0.89	-0.55	0.95	0.33	-0.49	-0.61
Non Current Assets Total	0.98	0.96	0.89	0.97	0.92	1.0	0.78	0.92	0.91		-0.61	0.91	0.93	-0.58	0.96	0.85	0.9	0.87	0.98	0.94	0.92	-0.63	0.93	0.44	-0.23	-0.73
Non Currrent Assets Other	-0.57	-0.64	-0.35	-0.53	-0.39	-0.62	-0.72	-0.39	-0.53	-0.61		-0.53	-0.55	0.42	-0.66	-0.39	-0.47	-0.38	-0.62	-0.52	-0.47	-0.03	-0.6	-0.33	0.15	0.43
Cash And Short Term Investments	0.97	0.96	0.86	0.96	0.85	0.92	0.61	0.85	1.0	0.91	-0.53		0.87	-0.46	0.97	0.76	0.88	0.79	0.98	0.99	0.89	-0.55	0.95	0.33	-0.49	-0.61
Net Receivables	0.94	0.84	0.93	0.94	0.97	0.93	0.55	0.96	0.87	0.93	-0.55	0.87		-0.75	0.86	0.94	0.92	0.97	0.9	0.93	0.86	-0.73	0.93	0.62	-0.11	-0.85
Common Stock Shares Outstanding	-0.58	-0.41	-0.72	-0.61	-0.69	-0.57	-0.21	-0.64	-0.46	-0.58	0.42	-0.46	-0.75		-0.46	-0.78	-0.71	-0.8	-0.52	-0.56	-0.45	0.55	-0.66	-0.88	-0.25	0.91
Non Current Liabilities Total	0.97	1.0	0.82	0.96	0.83	0.97	0.78	0.83	0.97	0.96	-0.66	0.97	0.86	-0.46		0.74	0.86	0.77	0.99	0.96	0.9	-0.5	0.94	0.31	-0.43	-0.62
Inventory	0.86	0.72	0.96	0.88	0.96	0.85	0.43	0.95	0.76	0.85	-0.39	0.76	0.94	-0.78	0.74		0.82	0.97	0.8	0.85	0.78	-0.8	0.85	0.66	0.01	-0.87
Other Current Assets	0.92	0.84	0.91	0.94	0.88	0.89	0.53	0.86	0.88	0.9	-0.47	0.88	0.92	-0.71	0.86	0.82		0.9	0.9	0.91	0.85	-0.7	0.94	0.58	-0.19	-0.82
Other Stockholder Equity	0.88	0.74	0.97	0.9	0.97	0.86	0.42	0.94	0.79	0.87	-0.38	0.79	0.97	-0.8	0.77	0.97	0.9		0.82	0.87	0.78	-0.85	0.88	0.67	-0.04	-0.91
Total Liab	0.99	0.99	0.88	0.98	0.87	0.98	0.74	0.87	0.98	0.98	-0.62	0.98	0.9	-0.52	0.99	0.8	0.9	0.82		0.98	0.92	-0.57	0.96	0.37	-0.39	-0.68
Total Current Assets	0.99	0.95	0.92	0.99	0.92	0.94	0.59	0.92	0.99	0.94	-0.52	0.99	0.93	-0.56	0.96	0.85	0.91	0.87	0.98		0.91	-0.64	0.97	0.43	-0.39	-0.7
Short Term Debt	0.93	0.91	0.84	0.91	0.87	0.92	0.68	0.89	0.89	0.92	-0.47	0.89	0.86	-0.45	0.9	0.78	0.85	0.78	0.92	0.91		-0.57	0.86	0.32	-0.3	-0.59
Intangible Assets	-0.65	-0.49	-0.82	-0.68	-0.78	-0.63	-0.22	-0.75	-0.55	-0.63	-0.03	-0.55	-0.73	0.55	-0.5	-0.8	-0.7	-0.85	-0.57	-0.64	-0.57		-0.62	-0.4	0.04	0.78
Accounts Payable	0.97	0.92	0.93	0.98	0.89	0.93	0.58	0.88	0.95	0.93	-0.6	0.95	0.93	-0.66	0.94	0.85	0.94	0.88	0.96	0.97	0.86	-0.62		0.52	-0.3	-0.78
Common Stock	0.44	0.27	0.58	0.46	0.59	0.44	0.07	0.55	0.33	0.44	-0.33	0.33	0.62	-0.88	0.31	0.66	0.58	0.67	0.37	0.43	0.32	-0.4	0.52		0.43	-0.74
Current Deferred Revenue	-0.32	-0.45	-0.16	-0.32	-0.08	-0.24	-0.24	-0.1	-0.49	-0.23	0.15	-0.49	-0.11	-0.25	-0.43	0.01	-0.19	-0.04	-0.39	-0.39	-0.3	0.04	-0.3	0.43		-0.1
Short Term Investments	-0.73	-0.58	-0.85	-0.76	-0.79	-0.72	-0.37	-0.75	-0.61	-0.73	0.43	-0.61	-0.85	0.91	-0.62	-0.87	-0.82	-0.91	-0.68	-0.7	-0.59	0.78	-0.78	-0.74	-0.1

Click cells to compare fundamentals

Ross Stores Account Relationship Matchups

Ross Stores fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.3B	12.7B	13.6B	13.4B	14.3B	15.0B
Short Long Term Debt Total	3.5B	5.7B	5.6B	5.7B	5.7B	6.0B
Other Current Liab	841.0M	992.4M	1.2B	918.3M	1.2B	1.3B
Total Current Liabilities	2.7B	4.0B	4.2B	3.6B	4.2B	4.4B
Total Stockholder Equity	3.4B	3.3B	4.1B	4.3B	4.9B	5.1B
Property Plant And Equipment Net	5.7B	5.8B	5.9B	6.3B	6.7B	7.0B
Net Debt	2.1B	913.5M	699.8M	1.2B	875.3M	919.0M
Retained Earnings	2.3B	2.2B	2.9B	3.0B	3.5B	3.7B
Cash	1.4B	4.8B	4.9B	4.6B	4.9B	5.1B
Non Current Assets Total	5.9B	6.0B	6.2B	6.5B	6.9B	7.2B
Non Currrent Assets Other	(149.5B)	(121.6B)	(137.4B)	(216.8B)	243.2M	255.4M
Cash And Short Term Investments	1.4B	4.8B	4.9B	4.6B	4.9B	5.1B
Net Receivables	102.2M	115.1M	119.2M	145.7M	130.8M	137.3M
Common Stock Shares Outstanding	361.2M	354.6M	353.7M	345.2M	337.4M	477.1M
Liabilities And Stockholders Equity	9.3B	12.7B	13.6B	13.4B	14.3B	15.0B
Non Current Liabilities Total	3.3B	5.5B	5.4B	5.5B	5.2B	5.5B
Inventory	1.8B	1.5B	2.3B	2.0B	2.2B	2.3B
Other Current Assets	147.0M	249.1M	169.3M	183.7M	202.7M	212.8M
Other Stockholder Equity	1.0B	1.1B	1.2B	1.2B	1.3B	1.4B
Total Liab	6.0B	9.4B	9.6B	9.1B	9.4B	9.9B
Total Current Assets	3.4B	6.7B	7.5B	6.9B	7.4B	7.8B
Accounts Payable	1.3B	2.3B	2.4B	2.0B	2.0B	2.1B
Common Stock	3.6M	3.6M	3.5M	3.4M	3.4M	2.2M
Current Deferred Revenue	85.8B	124.3B	149.7B	571.8M	657.6M	624.7M
Other Liab	363.8M	390.4M	373.7M	441.2M	507.3M	443.3M
Net Tangible Assets	3.4B	3.3B	4.1B	6.9B	7.9B	4.6B
Other Assets	208.3M	230.1M	241.3M	232.1M	266.9M	243.4M
Long Term Debt	312.9M	2.4B	2.5B	2.5B	2.2B	1.9B
Net Invested Capital	3.7B	5.8B	6.5B	2.5B	7.3B	5.4B
Capital Stock	3.6M	3.6M	3.5M	3.4M	3.4M	2.8M
Non Current Liabilities Other	6.7M	7.2M	6.8M	224.1M	10.8M	10.2M
Net Working Capital	730.9M	2.7B	3.3B	3.3B	3.2B	2.7B
Property Plant Equipment	5.7B	5.8B	5.9B	3.2B	3.7B	5.1B

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 Ross Stock Analysis

When running Ross Stores' price analysis, check to measure Ross Stores' 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 Ross Stores is operating at the current time. Most of Ross Stores' value examination focuses on studying past and present price action to predict the probability of Ross Stores' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ross Stores' price. Additionally, you may evaluate how the addition of Ross Stores to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC