Childrens Gross Profit vs Tax Provision Analysis

PLCE Stock  USD 10.26  0.19  1.82%   
Childrens Place financial indicator trend analysis is way more than just evaluating Childrens Place prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Childrens Place is a good investment. Please check the relationship between Childrens Place Gross Profit and its Tax Provision accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Childrens Place. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Childrens Stock refer to our How to Trade Childrens Stock guide.

Gross Profit vs Tax Provision

Gross Profit vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Childrens Place Gross Profit account and Tax Provision. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Childrens Place's Gross Profit and Tax Provision is 0.42. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Childrens Place, assuming nothing else is changed. The correlation between historical values of Childrens Place's Gross Profit and Tax Provision 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 Childrens Place are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Gross Profit i.e., Childrens Place's Gross Profit and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Gross Profit

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

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.
Most indicators from Childrens Place's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Childrens Place 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 Childrens Place. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Childrens Stock refer to our How to Trade Childrens Stock guide.At present, Childrens Place's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.25, whereas Discontinued Operations is forecasted to decline to (437.5 K).
 2021 2022 2023 2024 (projected)
Gross Profit794.7M514.2M445.3M550.5M
Total Revenue1.9B1.7B1.6B1.5B

Childrens Place fundamental ratios Correlations

0.390.780.570.30.850.620.230.240.690.310.850.450.30.670.16-0.380.660.830.50.480.610.230.850.370.18
0.39-0.090.91-0.730.580.510.98-0.750.51-0.70.680.67-0.710.49-0.63-0.780.850.540.11-0.510.950.57-0.020.98-0.63
0.78-0.090.250.560.390.58-0.230.480.550.620.340.00.650.480.32-0.150.120.670.60.820.210.050.97-0.070.36
0.570.910.25-0.60.580.730.87-0.650.74-0.510.650.62-0.510.69-0.58-0.890.770.750.28-0.220.990.610.30.93-0.57
0.3-0.730.56-0.60.05-0.2-0.830.99-0.170.92-0.04-0.380.92-0.10.830.64-0.37-0.030.240.81-0.57-0.460.55-0.750.85
0.850.580.390.580.050.390.450.040.590.030.980.610.010.520.03-0.380.860.60.180.10.680.390.460.50.04
0.620.510.580.73-0.20.390.42-0.270.81-0.030.450.52-0.050.63-0.42-0.740.520.780.480.180.690.160.60.52-0.4
0.230.98-0.230.87-0.830.450.42-0.840.43-0.820.560.61-0.830.42-0.71-0.780.770.440.02-0.650.890.55-0.170.98-0.72
0.24-0.750.48-0.650.990.04-0.27-0.84-0.230.88-0.06-0.390.89-0.140.830.68-0.39-0.090.170.74-0.62-0.510.47-0.770.84
0.690.510.550.74-0.170.590.810.43-0.23-0.040.590.6-0.030.79-0.42-0.80.640.820.110.120.720.310.580.5-0.4
0.31-0.70.62-0.510.920.03-0.03-0.820.88-0.04-0.07-0.260.99-0.110.750.55-0.33-0.030.260.9-0.49-0.360.6-0.720.76
0.850.680.340.65-0.040.980.450.56-0.060.59-0.070.67-0.10.56-0.07-0.460.920.660.210.00.750.350.430.6-0.06
0.450.670.00.62-0.380.610.520.61-0.390.6-0.260.67-0.30.45-0.33-0.510.80.41-0.01-0.280.690.190.10.58-0.36
0.3-0.710.65-0.510.920.01-0.05-0.830.89-0.030.99-0.1-0.3-0.080.750.55-0.37-0.030.240.91-0.51-0.360.61-0.730.76
0.670.490.480.69-0.10.520.630.42-0.140.79-0.110.560.45-0.08-0.27-0.710.50.820.150.110.650.180.570.54-0.28
0.16-0.630.32-0.580.830.03-0.42-0.710.83-0.420.75-0.07-0.330.75-0.270.81-0.4-0.270.320.7-0.54-0.150.34-0.650.99
-0.38-0.78-0.15-0.890.64-0.38-0.74-0.780.68-0.80.55-0.46-0.510.55-0.710.81-0.64-0.72-0.020.35-0.84-0.4-0.18-0.810.79
0.660.850.120.77-0.370.860.520.77-0.390.64-0.330.920.8-0.370.5-0.4-0.640.610.09-0.280.860.410.20.77-0.39
0.830.540.670.75-0.030.60.780.44-0.090.82-0.030.660.41-0.030.82-0.27-0.720.610.440.20.720.210.740.58-0.23
0.50.110.60.280.240.180.480.020.170.110.260.21-0.010.240.150.32-0.020.090.440.530.250.230.630.160.37
0.48-0.510.82-0.220.810.10.18-0.650.740.120.90.0-0.280.910.110.70.35-0.280.20.53-0.25-0.10.8-0.490.72
0.610.950.210.99-0.570.680.690.89-0.620.72-0.490.750.69-0.510.65-0.54-0.840.860.720.25-0.250.610.270.94-0.53
0.230.570.050.61-0.460.390.160.55-0.510.31-0.360.350.19-0.360.18-0.15-0.40.410.210.23-0.10.610.040.57-0.13
0.85-0.020.970.30.550.460.6-0.170.470.580.60.430.10.610.570.34-0.180.20.740.630.80.270.040.010.37
0.370.98-0.070.93-0.750.50.520.98-0.770.5-0.720.60.58-0.730.54-0.65-0.810.770.580.16-0.490.940.570.01-0.65
0.18-0.630.36-0.570.850.04-0.4-0.720.84-0.40.76-0.06-0.360.76-0.280.990.79-0.39-0.230.370.72-0.53-0.130.37-0.65
Click cells to compare fundamentals

Childrens Place Account Relationship Matchups

Childrens Place fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.1B1.0B986.3M800.3M770.9M
Short Long Term Debt Total604.6M643.4M450.9M511.8M463.8M487.0M
Other Current Liab84.9M93.6M116.9M94.0M84.8M86.5M
Total Current Liabilities595.0M714.2M591.8M648.4M616.4M647.2M
Total Stockholder Equity235.2M93.4M225.5M158.5M(9.0M)(8.6M)
Property Plant And Equipment Net630.7M462.0M349.7M305.4M300.1M281.7M
Current Deferred Revenue4.3M9.0M9.6M6.6M4.8M4.6M
Net Debt536.1M579.9M396.1M495.1M450.2M472.7M
Retained Earnings108.2M(42.8M)77.9M22.5M(134.9M)(128.1M)
Accounts Payable213.1M252.1M183.8M177.1M225.5M115.3M
Cash68.5M63.5M54.8M16.7M13.6M13.0M
Non Current Assets Total731.5M589.6M455.9M424.3M348.2M333.2M
Non Currrent Assets Other27.5M55.1M11.5M11.5M7.0M9.3M
Cash And Short Term Investments68.5M63.5M54.8M16.7M13.6M13.0M
Net Receivables32.8M39.5M21.9M49.6M33.2M23.8M
Common Stock Total Equity1.6M1.5M1.5M1.2M1.1M1.8M
Common Stock Shares Outstanding15.7M14.6M14.9M13.0M12.5M18.4M
Liabilities And Stockholders Equity1.2B1.1B1.0B986.3M800.3M770.9M
Non Current Liabilities Total351.2M329.2M220.2M179.4M192.9M121.3M
Inventory327.2M388.1M428.8M447.8M362.1M240.6M
Other Current Assets21.4M55.9M76.1M47.9M43.2M66.0M
Other Stockholder Equity139.0M148.5M160.3M151.0M141.1M175.3M
Total Liab946.2M1.0B812.0M827.8M809.3M849.8M
Property Plant And Equipment Gross630.7M465.4M349.7M149.9M979.5M1.0B
Total Current Assets449.9M547.1M581.5M561.9M452.1M437.7M
Accumulated Other Comprehensive Income(13.5M)(13.8M)(14.2M)(16.2M)(16.5M)(15.7M)
Short Term Debt292.7M344.4M266.4M365.6M296.0M310.7M
Common Stock1.5M1.5M1.4M1.2M1.3M1.7M
Other Liab39.3M38.7M35.7M33.2M38.2M36.3M
Other Assets25.3M55.1M34.6M48.2M55.4M45.5M
Property Plant Equipment236.9M462.0M349.7M149.9M172.4M286.3M
Net Tangible Assets161.9M20.9M153.8M158.5M142.6M135.5M
Retained Earnings Total Equity226.3M180.8M108.2M22.5M20.3M19.3M
Capital Surpluse258.5M147.0M139.0M151.0M135.9M164.4M
Treasury Stock(2.4M)(2.7M)(3.0M)(3.7M)(3.4M)(3.2M)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Childrens Place is a strong investment it is important to analyze Childrens Place'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 Childrens Place's future performance. For an informed investment choice regarding Childrens Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Childrens Place. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Childrens Stock refer to our How to Trade Childrens Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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 Childrens Place. If investors know Childrens 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 Childrens Place 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
(0.06)
Earnings Share
(14.21)
Revenue Per Share
120.565
Quarterly Revenue Growth
(0.07)
Return On Assets
0.001
The market value of Childrens Place is measured differently than its book value, which is the value of Childrens that is recorded on the company's balance sheet. Investors also form their own opinion of Childrens Place's value that differs from its market value or its book value, called intrinsic value, which is Childrens Place'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 Childrens Place's market value can be influenced by many factors that don't directly affect Childrens Place'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 Childrens Place's value and its price as these two are different measures arrived at by different means. Investors typically determine if Childrens Place is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Childrens Place'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.