Boot Common Stock Total Equity vs Total Current Liabilities Analysis

BOOT Stock  USD 145.45  8.40  6.13%   
Boot Barn financial indicator trend analysis is way more than just evaluating Boot Barn Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boot Barn Holdings is a good investment. Please check the relationship between Boot Barn Common Stock Total Equity and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boot Barn Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Common Stock Total Equity vs Total Current Liabilities

Common Stock Total Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boot Barn Holdings Common Stock Total Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Boot Barn's Common Stock Total Equity and Total Current Liabilities is 0.7. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Boot Barn Holdings, assuming nothing else is changed. The correlation between historical values of Boot Barn's Common Stock Total Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Boot Barn Holdings are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Total Equity i.e., Boot Barn's Common Stock Total Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Total Current Liabilities

Total Current Liabilities is an item on Boot Barn balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Boot Barn Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Boot Barn's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boot Barn Holdings 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 Boot Barn Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Selling General Administrative is likely to drop to about 205.9 M in 2024. Tax Provision is likely to drop to about 25.5 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense5.8M5.9M2.2M2.1M
Depreciation And Amortization66.6M83.8M49.6M25.8M

Boot Barn fundamental ratios Correlations

0.930.490.940.870.720.870.890.930.850.920.651.00.81-0.350.20.650.830.790.730.870.950.990.850.750.97
0.930.510.940.770.710.80.810.990.740.870.740.940.68-0.30.290.740.820.840.730.870.960.880.690.720.98
0.490.510.630.260.460.260.30.60.240.55-0.10.470.36-0.260.23-0.10.170.440.350.420.410.550.450.460.54
0.940.940.630.790.70.810.820.950.760.920.620.940.69-0.220.20.620.780.790.70.880.890.940.80.730.97
0.870.770.260.790.570.990.990.771.00.780.730.860.74-0.510.160.730.940.640.650.830.80.870.930.650.82
0.720.710.460.70.570.540.670.720.520.890.450.720.3-0.30.750.450.60.950.840.810.820.710.50.960.78
0.870.80.260.810.990.540.980.80.990.760.770.870.76-0.490.120.770.950.630.620.840.820.860.910.610.83
0.890.810.30.820.990.670.980.810.980.850.750.890.71-0.470.260.750.950.730.710.890.850.880.910.730.86
0.930.990.60.950.770.720.80.810.740.870.650.930.69-0.350.330.650.780.840.720.860.940.90.730.720.98
0.850.740.240.761.00.520.990.980.740.740.710.840.76-0.520.110.710.930.590.590.80.770.850.930.590.79
0.920.870.550.920.780.890.760.850.870.740.60.910.59-0.260.450.60.780.920.840.920.920.920.760.920.94
0.650.74-0.10.620.730.450.770.750.650.710.60.670.43-0.20.111.00.90.610.580.730.730.550.490.510.69
1.00.940.470.940.860.720.870.890.930.840.910.670.81-0.350.210.670.840.790.730.880.960.980.840.750.98
0.810.680.360.690.740.30.760.710.690.760.590.430.81-0.24-0.150.430.630.370.270.60.690.810.840.320.71
-0.35-0.3-0.26-0.22-0.51-0.3-0.49-0.47-0.35-0.52-0.26-0.2-0.35-0.24-0.25-0.2-0.44-0.26-0.42-0.22-0.35-0.37-0.4-0.37-0.3
0.20.290.230.20.160.750.120.260.330.110.450.110.21-0.15-0.250.110.210.720.60.410.420.190.040.690.32
0.650.74-0.10.620.730.450.770.750.650.710.61.00.670.43-0.20.110.90.610.580.730.730.550.490.510.69
0.830.820.170.780.940.60.950.950.780.930.780.90.840.63-0.440.210.90.710.720.850.840.790.780.690.83
0.790.840.440.790.640.950.630.730.840.590.920.610.790.37-0.260.720.610.710.890.870.90.750.530.940.87
0.730.730.350.70.650.840.620.710.720.590.840.580.730.27-0.420.60.580.720.890.690.80.710.510.910.78
0.870.870.420.880.830.810.840.890.860.80.920.730.880.6-0.220.410.730.850.870.690.890.850.770.820.91
0.950.960.410.890.80.820.820.850.940.770.920.730.960.69-0.350.420.730.840.90.80.890.910.720.830.97
0.990.880.550.940.870.710.860.880.90.850.920.550.980.81-0.370.190.550.790.750.710.850.910.890.750.95
0.850.690.450.80.930.50.910.910.730.930.760.490.840.84-0.40.040.490.780.530.510.770.720.890.550.78
0.750.720.460.730.650.960.610.730.720.590.920.510.750.32-0.370.690.510.690.940.910.820.830.750.550.8
0.970.980.540.970.820.780.830.860.980.790.940.690.980.71-0.30.320.690.830.870.780.910.970.950.780.8
Click cells to compare fundamentals

Boot Barn Account Relationship Matchups

Boot Barn fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets924.7M933.6M1.2B1.5B1.7B866.5M
Short Long Term Debt Total434.6M331.0M306.3M447.7M466.8M290.7M
Other Current Liab41.5M10.0M39.3M80.5M13.2M12.5M
Total Current Liabilities312.6M221.7M336.5M374.8M312.8M219.3M
Total Stockholder Equity321.7M394.9M599.7M776.5M943.6M990.8M
Other Liab35.0M20.4M25.4M29.1M33.5M22.1M
Property Plant And Equipment Net279.8M297.3M396.4M583.8M714.2M749.9M
Current Deferred Revenue11.1M14.4M18.5M22.3M26.4M27.7M
Net Debt365.1M257.9M285.6M429.5M390.9M262.9M
Retained Earnings153.6M213.0M405.5M576.0M723.0M759.2M
Accounts Payable95.3M104.6M131.4M134.2M132.9M95.4M
Cash69.6M73.1M20.7M18.2M75.8M79.6M
Non Current Assets Total540.1M559.1M658.0M848.2M975.9M501.6M
Non Currrent Assets Other1.7M3.5M3.3M6.2M5.6M2.9M
Other Assets1.7M3.5M3.3M1.00.90.86
Long Term Debt183.2M174.3M109.0M109.8M126.2M146.5M
Cash And Short Term Investments69.6M73.1M20.7M18.2M75.8M79.6M
Net Receivables12.1M12.8M9.7M13.1M20.2M21.2M
Common Stock Shares Outstanding29.2M29.5M30.4M30.4M30.6M30.5M
Liabilities And Stockholders Equity924.7M933.6M1.2B1.5B1.7B866.5M
Non Current Liabilities Total290.4M317.0M263.7M366.1M449.1M265.8M
Inventory288.7M275.8M474.3M589.5M599.1M306.6M
Other Current Assets2.0M12.8M34.8M48.3M34.5M36.2M
Other Stockholder Equity168.0M181.9M194.2M200.4M220.6M186.7M
Total Liab603.0M538.7M600.2M740.9M761.9M485.1M
Property Plant And Equipment Gross279.8M297.3M396.4M583.8M900.3M945.3M
Total Current Assets384.7M374.5M541.8M669.2M729.6M365.0M
Short Term Debt164.7M78.8M114.8M117.6M126.9M71.2M
Intangible Assets61.0M60.9M60.8M60.8M58.7M67.2M
Property Plant Equipment109.6M110.4M155.2M257.1M295.7M310.5M
Net Tangible Assets63.2M136.5M341.4M518.2M595.9M625.7M
Deferred Long Term Liab19.8M22.0M26.9M33.3M38.2M40.2M
Retained Earnings Total Equity153.6M213.0M405.5M576.0M662.4M695.6M
Long Term Debt Total190.5M181.0M109.0M109.8M98.8M121.4M
Capital Surpluse169.2M183.8M199.1M210.0M241.5M180.7M
Treasury Stock(668K)(1.2M)(2.0M)(4.9M)(4.4M)(4.2M)
Capital Lease Obligations195.7M221.2M277.7M381.7M466.8M490.1M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Boot Stock Analysis

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