Tapestry Total Assets vs Common Stock Shares Outstanding Analysis

TPR Stock  USD 129.07  1.30  1.02%   
Tapestry financial indicator trend analysis is much more than just breaking down Tapestry prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tapestry is a good investment. Please check the relationship between Tapestry Total Assets and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tapestry. 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.
To learn how to invest in Tapestry Stock, please use our How to Invest in Tapestry guide.

Total Assets vs Common Stock Shares Outstanding

Total Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tapestry Total Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tapestry's Total Assets and Common Stock Shares Outstanding is -0.43. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Tapestry, assuming nothing else is changed. The correlation between historical values of Tapestry's Total Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Tapestry are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Assets i.e., Tapestry's Total Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Tapestry assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Tapestry books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Tapestry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tapestry 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tapestry. 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.
To learn how to invest in Tapestry Stock, please use our How to Invest in Tapestry guide.At this time, Tapestry's Selling General Administrative is relatively stable compared to the past year. As of 01/04/2026, Enterprise Value Over EBITDA is likely to grow to 13.95, while Tax Provision is likely to drop slightly above 28.1 M.
 2023 2024 2025 2026 (projected)
Gross Profit4.9B5.3B6.1B6.4B
Total Revenue6.7B7.0B8.1B4.1B

Tapestry fundamental ratios Correlations

0.840.440.57-0.430.860.810.860.520.710.650.660.590.760.840.070.060.840.750.610.780.750.240.870.390.74
0.840.030.83-0.680.990.570.990.330.860.330.80.710.690.67-0.080.020.940.690.730.590.620.480.780.390.56
0.440.03-0.260.480.090.390.090.170.030.580.010.010.390.370.290.030.130.380.040.420.18-0.250.360.140.46
0.570.83-0.26-0.740.810.490.840.270.890.280.90.760.170.69-0.080.170.640.170.780.620.680.570.320.190.57
-0.43-0.680.48-0.74-0.69-0.46-0.7-0.51-0.67-0.15-0.59-0.71-0.25-0.330.190.06-0.63-0.25-0.73-0.25-0.55-0.75-0.4-0.12-0.15
0.860.990.090.81-0.690.610.990.40.850.420.770.750.70.68-0.020.020.960.70.780.620.650.510.80.350.6
0.810.570.390.49-0.460.610.640.820.70.80.650.640.380.830.070.180.510.360.680.760.910.390.560.30.64
0.860.990.090.84-0.70.990.640.440.90.430.830.780.660.71-0.030.050.930.650.810.640.680.550.770.350.6
0.520.330.170.27-0.510.40.820.440.530.680.380.610.250.460.190.080.350.220.630.460.70.590.410.060.28
0.710.860.030.89-0.670.850.70.90.530.430.950.820.360.73-0.080.150.690.340.860.630.750.670.50.30.53
0.650.330.580.28-0.150.420.80.430.680.430.360.440.230.760.490.070.380.220.520.850.710.220.370.060.79
0.660.80.010.9-0.590.770.650.830.380.950.360.740.250.79-0.140.160.560.220.780.660.730.510.380.330.57
0.590.710.010.76-0.710.750.640.780.610.820.440.740.270.58-0.020.330.630.270.960.550.750.690.450.040.46
0.760.690.390.17-0.250.70.380.660.250.360.230.250.270.3-0.04-0.180.831.00.280.250.220.10.970.440.26
0.840.670.370.69-0.330.680.830.710.460.730.760.790.580.30.180.20.530.280.620.950.860.20.450.240.91
0.07-0.080.29-0.080.19-0.020.07-0.030.19-0.080.49-0.14-0.02-0.040.18-0.060.01-0.05-0.010.350.04-0.05-0.05-0.190.39
0.060.020.030.170.060.020.180.050.080.150.070.160.33-0.180.2-0.06-0.06-0.160.190.160.35-0.14-0.090.00.18
0.840.940.130.64-0.630.960.510.930.350.690.380.560.630.830.530.01-0.060.830.660.50.510.440.90.320.5
0.750.690.380.17-0.250.70.360.650.220.340.220.220.271.00.28-0.05-0.160.830.270.230.210.090.970.430.26
0.610.730.040.78-0.730.780.680.810.630.860.520.780.960.280.62-0.010.190.660.270.60.740.70.450.170.5
0.780.590.420.62-0.250.620.760.640.460.630.850.660.550.250.950.350.160.50.230.60.830.190.40.150.97
0.750.620.180.68-0.550.650.910.680.70.750.710.730.750.220.860.040.350.510.210.740.830.450.440.160.71
0.240.48-0.250.57-0.750.510.390.550.590.670.220.510.690.10.2-0.05-0.140.440.090.70.190.450.23-0.230.04
0.870.780.360.32-0.40.80.560.770.410.50.370.380.450.970.45-0.05-0.090.90.970.450.40.440.230.420.38
0.390.390.140.19-0.120.350.30.350.060.30.060.330.040.440.24-0.190.00.320.430.170.150.16-0.230.420.14
0.740.560.460.57-0.150.60.640.60.280.530.790.570.460.260.910.390.180.50.260.50.970.710.040.380.14
Click cells to compare fundamentals

Tapestry Account Relationship Matchups

Tapestry fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets7.3B7.1B13.4B6.6B7.6B4.3B
Short Long Term Debt Total3.3B3.3B8.8B3.9B4.5B4.7B
Total Stockholder Equity2.3B2.3B2.9B857.8M986.5M1.9B
Net Debt2.5B2.6B2.6B2.8B3.2B3.4B
Common Stock Shares Outstanding270.1M241.3M233.2M222.5M200.3M244.8M
Liabilities And Stockholders Equity7.3B7.1B13.4B6.6B7.6B4.3B
Non Current Liabilities Total3.5B3.6B8.8B4.2B4.8B5.0B
Other Stockholder Equity3.6B3.7B3.8B3.7B4.2B2.2B
Total Liab5.0B4.8B10.5B5.7B6.6B6.9B
Other Current Liab592.4M505.3M606.6M785.1M902.9M462.1M
Total Current Liabilities1.5B1.3B1.7B1.6B1.8B1.9B
Other Liab513.6M577.3M569.5M581.8M669.1M377.6M
Property Plant And Equipment Net1.8B1.9B1.8B1.8B2.1B2.2B
Accounts Payable520.7M416.9M452.2M456.1M524.5M550.7M
Cash789.8M726.1M6.1B1.1B1.3B1.1B
Non Current Assets Total4.7B4.8B4.6B3.7B4.2B2.3B
Non Currrent Assets Other209.5M182.1M161.7M116.3M133.7M260.0M
Other Assets2.9B222.5M1.0151.5M174.2M292.5M
Long Term Debt1.7B1.6B6.9B2.4B2.7B2.9B
Cash And Short Term Investments953.2M741.5M7.2B1.1B1.3B1.3B
Net Receivables469.5M442.6M464.4M516.6M594.1M623.8M
Good Will1.2B1.2B1.2B983.3M1.1B645.0M
Inventory994.2M919.5M824.8M860.7M989.8M520.7M
Other Current Assets156.9M259.9M310.7M408.7M470.0M493.5M
Total Current Assets2.6B2.4B8.8B2.9B3.3B2.2B
Accumulated Other Comprehensive Income(170.9M)(189.9M)(145.9M)(261.2M)(235.1M)(223.3M)
Short Term Debt319.9M322.5M603.1M315.7M363.1M205.2M
Intangible Assets1.4B1.4B1.4B719.6M827.5M527.9M
Property Plant Equipment1.8B1.9B1.8B1.8B2.1B2.2B
Retained Earnings(1.2B)(1.2B)(722.2M)(2.6B)(2.3B)(2.2B)
Property Plant And Equipment Gross1.8B1.9B3.1B3.0B3.5B3.7B
Current Deferred Revenue32.4M41.5M43.5M(1.2M)(1.4M)(1.3M)
Short Term Investments163.4M15.4M1.1B19.6M22.5M21.4M
Net Tangible Assets(404.1M)588.6M2.3B917.7M825.9M1.0B
Retained Earnings Total Equity(992.7M)(158.5M)(1.2B)(1.2B)(1.1B)(1.0B)
Long Term Debt Total1.7B1.6B6.9B2.4B2.7B1.6B
Capital Surpluse3.6B3.7B3.8B3.7B4.2B3.3B
Deferred Long Term Liab155.1M203.9M221.7M240M276M289.8M

Pair Trading with Tapestry

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tapestry position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tapestry will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tapestry Stock

  0.67AS Amer SportsPairCorr
  0.71301276 Beijing Jiaman DressPairCorr

Moving against Tapestry Stock

  0.55002269 Shanghai MetersbonwePairCorr
  0.53FNMFO Federal National MortgagePairCorr
  0.46VRA Vera BradleyPairCorr
  0.46002494 Huasi AgriculturalPairCorr
The ability to find closely correlated positions to Tapestry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tapestry when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tapestry - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tapestry to buy it.
The correlation of Tapestry is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tapestry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tapestry moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tapestry can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Tapestry Stock Analysis

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