Abercrombie Tax Provision vs Other Operating Expenses Analysis

ANF Stock  USD 141.57  4.76  3.48%   
Abercrombie Fitch financial indicator trend analysis is way more than just evaluating Abercrombie Fitch prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abercrombie Fitch is a good investment. Please check the relationship between Abercrombie Fitch Tax Provision and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abercrombie Fitch. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Abercrombie Stock please use our How to Invest in Abercrombie Fitch guide.

Tax Provision vs Other Operating Expenses

Tax Provision vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abercrombie Fitch Tax Provision account and Other Operating Expenses. At this time, the significance of the direction appears to have no relationship.
The correlation between Abercrombie Fitch's Tax Provision and Other Operating Expenses is 0.03. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Abercrombie Fitch, assuming nothing else is changed. The correlation between historical values of Abercrombie Fitch's Tax Provision and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of Abercrombie Fitch are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Tax Provision i.e., Abercrombie Fitch's Tax Provision and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Abercrombie Fitch. It is also known as Abercrombie Fitch 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.
Most indicators from Abercrombie Fitch's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Abercrombie Fitch 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 Abercrombie Fitch. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Abercrombie Stock please use our How to Invest in Abercrombie Fitch guide.At this time, Abercrombie Fitch's Selling General Administrative is most likely to increase significantly in the upcoming years. The Abercrombie Fitch's current Tax Provision is estimated to increase to about 156.3 M, while Discontinued Operations is projected to decrease to roughly 636.8 K.
 2021 2022 2023 2024 (projected)
Gross Profit2.3B2.1B2.7B1.9B
Total Revenue3.7B3.7B4.3B3.1B

Abercrombie Fitch fundamental ratios Correlations

0.490.80.840.580.920.230.830.70.810.950.640.820.780.83-0.540.720.850.66-0.590.810.430.920.840.810.33
0.490.110.69-0.360.660.910.140.640.510.530.00.510.230.37-0.710.90.17-0.03-0.630.870.560.370.330.350.94
0.80.110.730.690.67-0.160.760.550.640.70.560.670.830.71-0.310.30.810.65-0.390.490.370.830.750.73-0.02
0.840.690.730.160.820.470.620.910.820.760.350.820.680.71-0.720.80.70.43-0.690.920.50.840.710.680.63
0.58-0.360.690.160.37-0.580.710.030.320.520.680.360.550.560.1-0.110.680.7-0.07-0.010.130.580.620.6-0.54
0.920.660.670.820.370.50.610.60.650.980.580.660.660.64-0.490.830.650.44-0.50.870.480.720.650.630.53
0.230.91-0.160.47-0.580.5-0.130.410.160.35-0.120.140.020.05-0.530.8-0.06-0.24-0.410.70.340.030.00.020.93
0.830.140.760.620.710.61-0.130.580.690.720.550.690.760.93-0.580.40.90.93-0.670.510.280.870.930.89-0.03
0.70.640.550.910.030.60.410.580.810.550.170.810.560.69-0.760.720.650.41-0.740.840.350.790.660.630.6
0.810.510.640.820.320.650.160.690.810.640.320.990.590.77-0.640.670.630.47-0.620.760.390.910.760.730.41
0.950.530.70.760.520.980.350.720.550.640.670.650.70.7-0.450.750.730.57-0.480.790.420.760.710.680.38
0.640.00.560.350.680.58-0.120.550.170.320.670.340.390.420.020.250.630.58-0.090.30.150.520.460.43-0.03
0.820.510.670.820.360.660.140.690.810.990.650.340.610.79-0.620.650.650.46-0.610.750.440.930.780.760.39
0.780.230.830.680.550.660.020.760.560.590.70.390.610.72-0.470.440.740.65-0.490.560.240.770.730.70.07
0.830.370.710.710.560.640.050.930.690.770.70.420.790.72-0.750.50.830.81-0.830.610.570.891.00.990.17
-0.54-0.71-0.31-0.720.1-0.49-0.53-0.58-0.76-0.64-0.450.02-0.62-0.47-0.75-0.7-0.47-0.470.95-0.74-0.52-0.59-0.7-0.7-0.62
0.720.90.30.8-0.110.830.80.40.720.670.750.250.650.440.5-0.70.410.2-0.610.970.370.580.470.440.85
0.850.170.810.70.680.65-0.060.90.650.630.730.630.650.740.83-0.470.410.82-0.570.550.250.880.840.810.05
0.66-0.030.650.430.70.44-0.240.930.410.470.570.580.460.650.81-0.470.20.82-0.610.30.140.690.810.78-0.19
-0.59-0.63-0.39-0.69-0.07-0.5-0.41-0.67-0.74-0.62-0.48-0.09-0.61-0.49-0.830.95-0.61-0.57-0.61-0.67-0.56-0.63-0.79-0.8-0.49
0.810.870.490.92-0.010.870.70.510.840.760.790.30.750.560.61-0.740.970.550.3-0.670.440.710.590.560.8
0.430.560.370.50.130.480.340.280.350.390.420.150.440.240.57-0.520.370.250.14-0.560.440.390.580.650.41
0.920.370.830.840.580.720.030.870.790.910.760.520.930.770.89-0.590.580.880.69-0.630.710.390.890.860.23
0.840.330.750.710.620.650.00.930.660.760.710.460.780.731.0-0.70.470.840.81-0.790.590.580.890.990.13
0.810.350.730.680.60.630.020.890.630.730.680.430.760.70.99-0.70.440.810.78-0.80.560.650.860.990.14
0.330.94-0.020.63-0.540.530.93-0.030.60.410.38-0.030.390.070.17-0.620.850.05-0.19-0.490.80.410.230.130.14
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Abercrombie Fitch Account Relationship Matchups

Abercrombie Fitch fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B3.3B2.9B2.7B3.0B2.3B
Short Long Term Debt Total1.8B1.6B1.2B1.2B1.0B1.1B
Other Current Liab302.2M396.4M395.8M413.3M436.7M314.9M
Total Current Liabilities815.4M959.4M1.0B902.2M966.8M542.9M
Total Stockholder Equity1.1B936.6M826.1M694.8M1.0B1.2B
Property Plant And Equipment Net1.9B1.4B1.2B1.3B1.2B955.9M
Net Debt1.1B445.5M400.5M706.6M147.5M154.9M
Retained Earnings2.3B2.1B2.4B2.4B2.6B1.9B
Accounts Payable219.9M289.4M374.8M258.9M297.0M154.4M
Cash671.3M1.1B823.1M517.6M900.9M514.8M
Non Current Assets Total2.3B1.7B1.4B1.5B1.4B1.2B
Non Currrent Assets Other370.0M193.9M213.9M200.0M220.7M174.1M
Cash And Short Term Investments671.3M1.1B823.1M517.6M900.9M579.4M
Net Receivables80.3M83.9M69.1M104.5M78.3M60.2M
Common Stock Shares Outstanding65.8M62.6M62.6M52.3M52.7M67.0M
Liabilities And Stockholders Equity3.5B3.3B2.9B2.7B3.0B2.3B
Non Current Liabilities Total1.7B1.4B1.1B1.1B957.4M543.1M
Inventory434.3M404.1M525.9M505.6M469.5M359.9M
Other Current Assets78.9M68.9M89.7M100.3M88.6M75.6M
Other Stockholder Equity(1.1B)(1.1B)(1.4B)(1.5B)(1.5B)(1.4B)
Total Liab2.5B2.4B2.1B2.0B1.9B1.1B
Property Plant And Equipment Gross1.9B1.4B1.2B1.3B3.2B3.3B
Total Current Assets1.3B1.7B1.5B1.2B1.5B1.1B
Accumulated Other Comprehensive Income(108.9M)(102.3M)(114.7M)(137.5M)(136.0M)(142.8M)
Short Term Debt282.8M248.8M222.8M214.0M179.6M100.5M
Current Deferred Revenue10.4M24.8M21.8M16.0M53.6M28.8M
Net Tangible Assets1.1B936.6M826.1M694.8M625.4M1.1B
Long Term Debt232.0M343.9M303.6M296.9M222.1M247.4M
Retained Earnings Total Equity2.3B2.1B2.4B2.4B2.1B1.9B
Long Term Debt Total232.0M343.9M303.6M296.9M341.4M247.7M
Capital Surpluse405.0M401.3M413.2M416.3M478.7M443.1M
Treasury Stock(1.6B)(1.5B)(1.9B)(2.0B)(1.8B)(1.8B)
Non Current Liabilities Other1.4B1.1B86.1M94.1M88.7M84.2M
Property Plant Equipment665.3M550.6M1.2B1.3B1.1B780.6M
Noncontrolling Interest In Consolidated Entity12.4M12.7M11.2M11.7M13.5M12.0M

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When determining whether Abercrombie Fitch is a strong investment it is important to analyze Abercrombie Fitch's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Abercrombie Fitch's future performance. For an informed investment choice regarding Abercrombie Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abercrombie Fitch. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Abercrombie Stock please use our How to Invest in Abercrombie Fitch guide.
You can also try the CEOs Directory module to screen CEOs from public companies 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 Abercrombie Fitch. If investors know Abercrombie 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 Abercrombie Fitch 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
1.273
Earnings Share
9.43
Revenue Per Share
91.796
Quarterly Revenue Growth
0.212
Return On Assets
0.1435
The market value of Abercrombie Fitch is measured differently than its book value, which is the value of Abercrombie that is recorded on the company's balance sheet. Investors also form their own opinion of Abercrombie Fitch's value that differs from its market value or its book value, called intrinsic value, which is Abercrombie Fitch'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 Abercrombie Fitch's market value can be influenced by many factors that don't directly affect Abercrombie Fitch'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 Abercrombie Fitch's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abercrombie Fitch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abercrombie Fitch'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.