Arhaus Days Payables Outstanding vs Ptb Ratio Analysis
ARHS Stock | USD 9.66 0.04 0.42% |
Arhaus financial indicator trend analysis is way more than just evaluating Arhaus Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arhaus Inc is a good investment. Please check the relationship between Arhaus Days Payables Outstanding and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arhaus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Days Payables Outstanding vs Ptb Ratio
Days Payables Outstanding vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arhaus Inc Days Payables Outstanding account and Ptb Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Arhaus' Days Payables Outstanding and Ptb Ratio is -0.65. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Arhaus Inc, assuming nothing else is changed. The correlation between historical values of Arhaus' Days Payables Outstanding and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Payables Outstanding of Arhaus Inc are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Days Payables Outstanding i.e., Arhaus' Days Payables Outstanding and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Days Payables Outstanding
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most indicators from Arhaus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arhaus Inc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Arhaus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, Arhaus' Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.30 in 2024, whereas Selling General Administrative is likely to drop slightly above 255.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.4M | 3.4M | 5.4M | 6.4M | Depreciation And Amortization | 23.9M | 54.0M | 62.7M | 38.2M |
Arhaus fundamental ratios Correlations
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Arhaus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Arhaus' price analysis, check to measure Arhaus' 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 Arhaus is operating at the current time. Most of Arhaus' value examination focuses on studying past and present price action to predict the probability of Arhaus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arhaus' price. Additionally, you may evaluate how the addition of Arhaus to your portfolios can decrease your overall portfolio volatility.