Lululemon Property Plant Equipment vs Total Current Assets Analysis

LULU Stock  USD 315.04  6.73  2.18%   
Lululemon Athletica financial indicator trend analysis is infinitely more than just investigating Lululemon Athletica recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lululemon Athletica is a good investment. Please check the relationship between Lululemon Athletica Property Plant Equipment and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lululemon Athletica. 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 Lululemon Stock please use our How to Invest in Lululemon Athletica guide.

Property Plant Equipment vs Total Current Assets

Property Plant Equipment vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lululemon Athletica Property Plant Equipment account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lululemon Athletica's Property Plant Equipment and Total Current Assets is 0.93. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Lululemon Athletica, assuming nothing else is changed. The correlation between historical values of Lululemon Athletica's Property Plant Equipment and Total Current 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 Property Plant Equipment of Lululemon Athletica are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant Equipment i.e., Lululemon Athletica's Property Plant Equipment and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant Equipment

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Lululemon Athletica's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lululemon Athletica 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lululemon Athletica. 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 Lululemon Stock please use our How to Invest in Lululemon Athletica guide.At this time, Lululemon Athletica's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.32 in 2024, whereas Tax Provision is likely to drop slightly above 373.5 M in 2024.
 2021 2023 2024 (projected)
Total Revenue6.3B9.6B10.1B
Interest Expense82.3M94.6M99.3M

Lululemon Athletica fundamental ratios Correlations

0.99-0.150.94-0.180.940.110.960.990.990.950.991.00.990.960.990.990.970.30.350.990.970.980.960.510.32
0.99-0.240.97-0.190.970.180.970.971.00.910.960.981.00.940.980.980.950.270.410.970.960.960.960.470.38
-0.15-0.24-0.410.17-0.41-0.52-0.3-0.05-0.220.08-0.04-0.11-0.24-0.12-0.07-0.120.00.2-0.51-0.05-0.04-0.05-0.150.14-0.49
0.940.97-0.41-0.251.00.250.950.90.960.80.890.930.960.920.910.920.870.170.440.90.870.890.950.370.4
-0.18-0.190.17-0.25-0.250.35-0.08-0.16-0.22-0.1-0.13-0.25-0.19-0.14-0.13-0.15-0.210.720.38-0.21-0.2-0.19-0.360.520.45
0.940.97-0.411.0-0.250.250.950.90.960.80.890.930.960.920.910.920.870.170.440.90.870.890.950.370.4
0.110.18-0.520.250.350.250.370.030.160.010.040.060.170.010.050.040.020.00.90.010.070.050.06-0.050.89
0.960.97-0.30.95-0.080.950.370.920.970.870.930.930.970.90.930.940.910.250.580.910.920.920.920.450.56
0.990.97-0.050.9-0.160.90.030.920.980.971.00.990.970.961.00.980.980.340.270.990.980.990.950.560.24
0.991.0-0.220.96-0.220.960.160.970.980.920.970.991.00.940.970.980.960.220.390.970.970.970.970.440.36
0.950.910.080.8-0.10.80.010.870.970.920.980.950.910.910.960.940.960.360.240.960.970.980.870.550.23
0.990.96-0.040.89-0.130.890.040.931.00.970.980.980.960.960.990.980.980.340.290.980.980.990.930.550.27
1.00.98-0.110.93-0.250.930.060.930.990.990.950.980.980.950.990.980.980.260.280.990.980.990.970.490.25
0.991.0-0.240.96-0.190.960.170.970.971.00.910.960.980.940.970.980.950.260.410.960.960.960.960.470.39
0.960.94-0.120.92-0.140.920.010.90.960.940.910.960.950.940.960.950.910.380.230.960.910.930.950.580.2
0.990.98-0.070.91-0.130.910.050.931.00.970.960.990.990.970.960.980.970.390.291.00.970.980.940.590.27
0.990.98-0.120.92-0.150.920.040.940.980.980.940.980.980.980.950.980.970.320.310.970.970.980.940.530.3
0.970.950.00.87-0.210.870.020.910.980.960.960.980.980.950.910.970.970.260.260.980.990.990.930.50.24
0.30.270.20.170.720.170.00.250.340.220.360.340.260.260.380.390.320.260.140.340.230.270.130.930.19
0.350.41-0.510.440.380.440.90.580.270.390.240.290.280.410.230.290.310.260.140.230.30.290.260.160.99
0.990.97-0.050.9-0.210.90.010.910.990.970.960.980.990.960.961.00.970.980.340.230.960.980.950.550.2
0.970.96-0.040.87-0.20.870.070.920.980.970.970.980.980.960.910.970.970.990.230.30.960.990.920.450.29
0.980.96-0.050.89-0.190.890.050.920.990.970.980.990.990.960.930.980.980.990.270.290.980.990.930.490.27
0.960.96-0.150.95-0.360.950.060.920.950.970.870.930.970.960.950.940.940.930.130.260.950.920.930.340.22
0.510.470.140.370.520.37-0.050.450.560.440.550.550.490.470.580.590.530.50.930.160.550.450.490.340.18
0.320.38-0.490.40.450.40.890.560.240.360.230.270.250.390.20.270.30.240.190.990.20.290.270.220.18
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Lululemon Athletica Account Relationship Matchups

Lululemon Athletica fundamental ratios Accounts

201920202021202220232024 (projected)
Net Debt(141.4M)(351.8M)(378.8M)(84.5M)(840.7M)(798.6M)
Other Assets87.6M113.4M138.2M47.7M1.00.95
Common Stock Total Equity621K626K616K611K702.7K577.9K
Property Plant And Equipment Gross1.4B1.5B1.7B2.2B4.0B4.2B
Intangible Assets241K80.1M71.3M22.0M25.3M15.3M
Net Tangible Assets1.9B2.1B2.3B3.1B3.6B3.7B
Retained Earnings Total Equity1.8B2.3B2.5B2.9B3.4B3.5B
Capital Surpluse355.5M388.7M422.5M474.6M545.8M331.9M
Non Current Liabilities Other665.3M9.0M743.7M911.0M29.2M27.7M
Property Plant Equipment671.7M1.5B927.7M1.3B1.5B1.5B
Deferred Long Term Liab43.4M58.8M53.4M55.1M63.3M66.5M
Other Liab138.3M97.3M110.9M105.0M94.5M89.7M

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