Solo Change To Inventory from 2010 to 2024

DTC Stock  USD 1.27  0.08  6.72%   
Solo Brands' Change To Inventory is decreasing over the years with very volatile fluctuation. Overall, Change To Inventory is expected to go to about 29.6 M this year. Change To Inventory is the increase or decrease in the amount of inventory Solo Brands has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2019-12-31
Previous Quarter
11.5 M
Current Value
8.1 M
Quarterly Volatility
17.2 M
 
Covid
Check Solo Brands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Solo Brands' main balance sheet or income statement drivers, such as Tax Provision of 997.5 K, Interest Income of 5.5 M or Depreciation And Amortization of 16.9 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0212 or PTB Ratio of 1.47. Solo financial statements analysis is a perfect complement when working with Solo Brands Valuation or Volatility modules.
  
Check out the analysis of Solo Brands Correlation against competitors.
For information on how to trade Solo Stock refer to our How to Trade Solo Stock guide.

Latest Solo Brands' Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Solo Brands over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Solo Brands' Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Solo Brands' overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Very volatile
   Change To Inventory   
       Timeline  

Solo Change To Inventory Regression Statistics

Arithmetic Mean1,054,473
Coefficient Of Variation1,831
Mean Deviation11,405,256
Median4,042,000
Standard Deviation19,302,749
Sample Variance372.6T
Range79M
R-Value(0.07)
Mean Square Error399.4T
R-Squared0
Significance0.81
Slope(296,890)
Total Sum of Squares5216.3T

Solo Change To Inventory History

202429.6 M
202328.2 M
2022-30.9 M
2021-49.4 M
2020-2.1 M

About Solo Brands Financial Statements

Solo Brands stakeholders use historical fundamental indicators, such as Solo Brands' Change To Inventory, to determine how well the company is positioned to perform in the future. Although Solo Brands investors may analyze each financial statement separately, they are all interrelated. For example, changes in Solo Brands' assets and liabilities are reflected in the revenues and expenses on Solo Brands' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Solo Brands. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Inventory28.2 M29.6 M

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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 Solo Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Solo Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Solo Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Solo Brands Stock:
Check out the analysis of Solo Brands Correlation against competitors.
For information on how to trade Solo Stock refer to our How to Trade Solo Stock guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Leisure Products 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 Solo Brands. If investors know Solo 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 Solo Brands 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
(0.98)
Earnings Share
(3.35)
Revenue Per Share
8.184
Quarterly Revenue Growth
(0.15)
Return On Assets
(0.03)
The market value of Solo Brands is measured differently than its book value, which is the value of Solo that is recorded on the company's balance sheet. Investors also form their own opinion of Solo Brands' value that differs from its market value or its book value, called intrinsic value, which is Solo Brands' 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 Solo Brands' market value can be influenced by many factors that don't directly affect Solo Brands' 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 Solo Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Solo Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solo Brands' 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.