PetMed Debt Ratio from 2010 to 2024

PETS Stock  USD 4.64  0.06  1.31%   
PetMed Express Debt Ratio yearly trend continues to be comparatively stable with very little volatility. Debt Ratio will likely drop to 0 in 2024. From the period from 2010 to 2024, PetMed Express Debt Ratio quarterly data regression had r-value of (0.43) and coefficient of variation of  354.48. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.003107
Current Value
0.002952
Quarterly Volatility
0.11497412
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PetMed Express financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PetMed Express' main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.4 M, Interest Expense of 3.6 M or Selling General Administrative of 58 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.14 or PTB Ratio of 0.94. PetMed financial statements analysis is a perfect complement when working with PetMed Express Valuation or Volatility modules.
  
Check out the analysis of PetMed Express Correlation against competitors.
For more information on how to buy PetMed Stock please use our How to Invest in PetMed Express guide.

Latest PetMed Express' Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of PetMed Express over the last few years. It is PetMed Express' Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PetMed Express' overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

PetMed Debt Ratio Regression Statistics

Arithmetic Mean0.03
Geometric Mean0
Coefficient Of Variation354.48
Mean Deviation0.06
Median0
Standard Deviation0.11
Sample Variance0.01
Range0.4453
R-Value(0.43)
Mean Square Error0.01
R-Squared0.19
Significance0.11
Slope(0.01)
Total Sum of Squares0.19

PetMed Debt Ratio History

2024 0.002952
2023 0.003107
2011 0.002702
2010 0.45

Other Fundumenentals of PetMed Express

PetMed Express Debt Ratio component correlations

0.95-0.910.890.740.760.550.94-0.120.670.740.10.220.660.870.570.540.470.180.070.01
0.95-0.950.980.590.720.360.97-0.080.670.68-0.090.020.680.770.460.390.60.36-0.16-0.1
-0.91-0.95-0.92-0.66-0.62-0.42-0.940.07-0.47-0.710.1-0.04-0.44-0.86-0.6-0.44-0.67-0.390.20.07
0.890.98-0.920.50.690.250.96-0.050.650.6-0.19-0.110.670.680.380.250.660.45-0.29-0.17
0.740.59-0.660.50.540.940.62-0.60.510.750.60.670.220.830.750.790.09-0.320.460.59
0.760.72-0.620.690.540.450.66-0.220.660.580.270.250.650.650.390.330.14-0.070.180.14
0.550.36-0.420.250.940.450.38-0.750.480.680.820.880.120.690.70.88-0.23-0.610.710.79
0.940.97-0.940.960.620.660.38-0.060.620.57-0.120.010.640.760.460.350.660.4-0.2-0.12
-0.12-0.080.07-0.05-0.6-0.22-0.75-0.06-0.49-0.43-0.83-0.80.0-0.22-0.37-0.670.460.73-0.62-0.95
0.670.67-0.470.650.510.660.480.62-0.490.520.360.40.860.380.240.5-0.07-0.240.340.3
0.740.68-0.710.60.750.580.680.57-0.430.520.390.450.290.80.670.740.11-0.180.290.37
0.1-0.090.1-0.190.60.270.82-0.12-0.830.360.390.93-0.040.290.410.73-0.67-0.930.930.94
0.220.02-0.04-0.110.670.250.880.01-0.80.40.450.930.010.370.480.85-0.6-0.860.880.88
0.660.68-0.440.670.220.650.120.640.00.860.29-0.040.010.260.010.140.140.10.05-0.18
0.870.77-0.860.680.830.650.690.76-0.220.380.80.290.370.260.740.680.390.030.220.22
0.570.46-0.60.380.750.390.70.46-0.370.240.670.410.480.010.740.650.2-0.150.310.4
0.540.39-0.440.250.790.330.880.35-0.670.50.740.730.850.140.680.65-0.23-0.560.70.69
0.470.6-0.670.660.090.14-0.230.660.46-0.070.11-0.67-0.60.140.390.2-0.230.9-0.73-0.58
0.180.36-0.390.45-0.32-0.07-0.610.40.73-0.24-0.18-0.93-0.860.10.03-0.15-0.560.9-0.91-0.86
0.07-0.160.2-0.290.460.180.71-0.2-0.620.340.290.930.880.050.220.310.7-0.73-0.910.77
0.01-0.10.07-0.170.590.140.79-0.12-0.950.30.370.940.88-0.180.220.40.69-0.58-0.860.77
Click cells to compare fundamentals

About PetMed Express Financial Statements

PetMed Express shareholders use historical fundamental indicators, such as Debt Ratio, to determine how well the company is positioned to perform in the future. Although PetMed Express investors may analyze each financial statement separately, they are all interrelated. The changes in PetMed Express' assets and liabilities, for example, are also reflected in the revenues and expenses on on PetMed Express' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cash Flow To Debt Ratio 8.46  4.45 

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Additional Tools for PetMed Stock Analysis

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