Foot Long Term Investments vs Intangible Assets Analysis

FL Stock  USD 22.45  0.01  0.04%   
Foot Locker financial indicator trend analysis is much more than just examining Foot Locker latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foot Locker is a good investment. Please check the relationship between Foot Locker Long Term Investments and its Intangible Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foot Locker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Foot Stock please use our How to buy in Foot Stock guide.

Long Term Investments vs Intangible Assets

Long Term Investments vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Foot Locker Long Term Investments account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Foot Locker's Long Term Investments and Intangible Assets is 0.72. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Foot Locker, assuming nothing else is changed. The correlation between historical values of Foot Locker's Long Term Investments and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Foot Locker are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Investments i.e., Foot Locker's Long Term Investments and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Investments

Long Term Investments is an item on the asset side of Foot Locker balance sheet that represents investments Foot Locker intends to hold for over a year. Foot Locker long term investments may include different instruments such as stocks, bonds, real estate and cash.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Foot Locker's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foot Locker 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foot Locker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Foot Stock please use our How to buy in Foot Stock guide.At this time, Foot Locker's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 7.20 this year, although the value of Selling General Administrative will most likely fall to about 1.5 B.
 2021 2022 2023 2024 (projected)
Gross Profit3.1B2.8B2.1B1.7B
Total Revenue9.0B8.8B8.2B5.5B

Foot Locker fundamental ratios Correlations

0.890.00.950.770.890.820.50.090.91-0.080.08-0.820.90.31-0.30.540.980.360.780.260.580.680.660.050.77
0.890.050.850.490.990.970.2-0.060.98-0.18-0.06-0.870.990.08-0.360.50.930.140.830.280.660.580.73-0.170.95
0.00.050.11-0.280.060.25-0.01-0.770.120.13-0.77-0.140.080.49-0.250.130.09-0.68-0.40.670.470.360.29-0.420.11
0.950.850.110.60.850.790.390.070.86-0.020.06-0.80.850.22-0.510.530.960.210.790.510.560.710.58-0.160.72
0.770.49-0.280.60.480.370.810.330.57-0.180.32-0.450.520.410.10.370.620.730.48-0.210.360.420.510.590.36
0.890.990.060.850.480.960.21-0.040.97-0.14-0.04-0.890.990.08-0.330.480.930.160.820.290.630.60.7-0.170.95
0.820.970.250.790.370.960.13-0.290.97-0.16-0.3-0.870.970.19-0.360.520.88-0.060.690.380.780.640.8-0.270.97
0.50.2-0.010.390.810.210.130.320.31-0.290.31-0.150.250.40.080.070.360.640.12-0.210.220.250.330.750.11
0.09-0.06-0.770.070.33-0.04-0.290.32-0.13-0.11.00.2-0.09-0.530.02-0.290.010.780.36-0.46-0.59-0.37-0.450.48-0.21
0.910.980.120.860.570.970.970.31-0.13-0.16-0.13-0.880.990.19-0.320.530.930.150.760.30.770.630.83-0.110.94
-0.08-0.180.13-0.02-0.18-0.14-0.16-0.29-0.1-0.16-0.11-0.04-0.130.090.220.1-0.05-0.12-0.10.32-0.120.14-0.22-0.38-0.22
0.08-0.06-0.770.060.32-0.04-0.30.311.0-0.13-0.110.22-0.09-0.550.02-0.290.00.780.36-0.47-0.59-0.38-0.450.48-0.21
-0.82-0.87-0.14-0.8-0.45-0.89-0.87-0.150.2-0.88-0.040.22-0.89-0.320.15-0.57-0.85-0.12-0.72-0.42-0.66-0.81-0.70.25-0.87
0.90.990.080.850.520.990.970.25-0.090.99-0.13-0.09-0.890.14-0.290.510.930.150.790.280.690.610.76-0.140.95
0.310.080.490.220.410.080.190.4-0.530.190.09-0.55-0.320.140.180.550.25-0.04-0.190.220.440.630.410.110.08
-0.3-0.36-0.25-0.510.1-0.33-0.360.080.02-0.320.220.020.15-0.290.18-0.24-0.390.35-0.4-0.58-0.27-0.18-0.150.49-0.25
0.540.50.130.530.370.480.520.07-0.290.530.1-0.29-0.570.510.55-0.240.540.030.450.340.510.520.51-0.320.4
0.980.930.090.960.620.930.880.360.010.93-0.050.0-0.850.930.25-0.390.540.210.80.380.590.70.64-0.120.82
0.360.14-0.680.210.730.16-0.060.640.780.15-0.120.78-0.120.15-0.040.350.030.210.4-0.55-0.23-0.01-0.030.730.03
0.780.83-0.40.790.480.820.690.120.360.76-0.10.36-0.720.79-0.19-0.40.450.80.40.150.320.430.42-0.120.73
0.260.280.670.51-0.210.290.38-0.21-0.460.30.32-0.47-0.420.280.22-0.580.340.38-0.550.150.420.520.24-0.770.24
0.580.660.470.560.360.630.780.22-0.590.77-0.12-0.59-0.660.690.44-0.270.510.59-0.230.320.420.620.97-0.20.72
0.680.580.360.710.420.60.640.25-0.370.630.14-0.38-0.810.610.63-0.180.520.7-0.010.430.520.620.6-0.190.61
0.660.730.290.580.510.70.80.33-0.450.83-0.22-0.45-0.70.760.41-0.150.510.64-0.030.420.240.970.6-0.020.78
0.05-0.17-0.42-0.160.59-0.17-0.270.750.48-0.11-0.380.480.25-0.140.110.49-0.32-0.120.73-0.12-0.77-0.2-0.19-0.02-0.18
0.770.950.110.720.360.950.970.11-0.210.94-0.22-0.21-0.870.950.08-0.250.40.820.030.730.240.720.610.78-0.18
Click cells to compare fundamentals

Foot Locker Account Relationship Matchups

Foot Locker fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6B7.0B8.1B7.9B6.9B4.3B
Short Long Term Debt Total3.3B3.2B3.4B3.2B2.9B3.1B
Other Current Liab300M(197M)475M427M362M285.5M
Total Current Liabilities1.2B1.6B1.7B1.6B1.3B752.0M
Total Stockholder Equity2.5B2.8B3.2B3.3B2.9B2.2B
Property Plant And Equipment Net3.7B3.5B3.5B3.4B3.1B3.3B
Net Debt2.4B1.5B2.6B2.7B2.6B2.8B
Retained Earnings2.1B2.3B2.9B2.9B2.5B1.9B
Cash907M1.7B804M536M297M493.1M
Non Current Assets Total4.2B4.2B5.8B5.4B4.6B4.9B
Non Currrent Assets Other84M90M121M92M46M43.7M
Cash And Short Term Investments907M1.7B804M536M297M519.0M
Common Stock Shares Outstanding109.1M105.1M103.8M95.5M94.2M107.2M
Liabilities And Stockholders Equity6.6B7.0B8.1B7.9B6.9B4.3B
Non Current Liabilities Total2.9B2.6B3.1B3.0B2.7B2.8B
Inventory1.2B923M1.3B1.6B1.5B1.0B
Other Current Assets363M271M107M182M259M271.1M
Other Stockholder Equity7M(3M)(88M)3.3B(2M)(1.9M)
Total Liab4.1B4.3B4.9B4.6B4.0B2.1B
Total Current Assets2.4B2.8B2.4B2.5B2.2B2.2B
Short Term Debt518M1.3B578M674M497M521.9M
Accounts Payable333M402M596M492M366M310.9M
Intangible Assets20M17M454M426M399M419.0M
Net Receivables101M125M134M160M184M92.2M
Property Plant And Equipment Gross3.7B3.5B3.5B3.4B4.7B4.9B
Accumulated Other Comprehensive Income(370M)(394M)(331M)(343M)(392M)(384.3M)
Other Liab122M116M331M328M295.2M251.9M
Other Assets162M189M207M182M163.8M230.5M
Long Term Debt122M8M451M446M442M464.1M
Treasury Stock(63M)(37M)(3M)(88M)(79.2M)(83.2M)
Property Plant Equipment824M3.5B3.5B3.4B3.9B4.1B
Net Tangible Assets2.3B2.6B2.0B2.1B2.4B2.5B
Long Term Debt Total122M8M451M446M512.9M538.5M
Deferred Long Term Liab7M5M3M2M2.3M2.2M
Non Current Liabilities Other2.8B116M331M328M32M30.4M

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Foot Locker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Foot Stock please use our How to buy in Foot Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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 Foot Locker. If investors know Foot 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 Foot Locker 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
(0.78)
Earnings Share
(3.88)
Revenue Per Share
86.173
Quarterly Revenue Growth
0.019
Return On Assets
0.0118
The market value of Foot Locker is measured differently than its book value, which is the value of Foot that is recorded on the company's balance sheet. Investors also form their own opinion of Foot Locker's value that differs from its market value or its book value, called intrinsic value, which is Foot Locker'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 Foot Locker's market value can be influenced by many factors that don't directly affect Foot Locker'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 Foot Locker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Foot Locker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Foot Locker'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.