CURV Stock | | | USD 4.16 0.20 5.05% |
Torrid Holdings financial indicator trend analysis is much more than just breaking down Torrid Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Torrid Holdings is a good investment. Please check the relationship between Torrid Holdings Other Current Assets and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Torrid 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 metropolitan statistical area.
For more information on how to buy Torrid Stock please use our
How to Invest in Torrid Holdings guide.
Other Current Assets vs Total Assets
Other Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Torrid Holdings Other Current Assets account and
Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Torrid Holdings' Other Current Assets and Total Assets is -0.81. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Torrid Holdings, assuming nothing else is changed. The correlation between historical values of Torrid Holdings' Other Current Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Torrid Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Assets i.e., Torrid Holdings' Other Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Total Assets
Total assets refers to the total amount of Torrid Holdings 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 Torrid Holdings 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.
Most indicators from Torrid Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Torrid 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 Torrid 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 metropolitan statistical area.
For more information on how to buy Torrid Stock please use our
How to Invest in Torrid Holdings guide.At this time, Torrid Holdings'
Tax Provision is fairly stable compared to the past year.
Selling General Administrative is likely to climb to about 303.7
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.23 in 2024.
Torrid Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Torrid Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Torrid Holdings fundamental ratios Accounts
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Additional Tools for Torrid Stock Analysis
When running Torrid Holdings' price analysis, check to
measure Torrid Holdings' 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 Torrid Holdings is operating at the current time. Most of Torrid Holdings' value examination focuses on studying past and present price action to
predict the probability of Torrid Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Torrid Holdings' price. Additionally, you may evaluate how the addition of Torrid Holdings to your portfolios can decrease your overall portfolio volatility.