Torrid Total Current Liabilities vs Net Debt Analysis

CURV Stock

USD 4.29 0.25 6.19%

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 Total Current Liabilities and its Net Debt 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.

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Torrid Holdings Total Current Liabilities account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Torrid Holdings' Total Current Liabilities and Net Debt is -0.53. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Debt 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' Total Current Liabilities and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Torrid Holdings are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Liabilities i.e., Torrid Holdings' Total Current Liabilities and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.53

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Torrid Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Torrid 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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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.

	2021	2022	2023	2024 (projected)
Tax Provision	45.8M	21.5M	24.7M	24.9M
Income Tax Expense	45.8M	21.5M	6.4M	6.1M

Tax Provision Income Tax Expense

Torrid Holdings fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Current Assets	Property Plant Equipment	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Non Current Liabilities Total
Other Current Liab		0.95	-0.99	-0.95	-0.3	0.87	0.96	-0.16	0.53	0.84	0.77	0.83	0.43	-0.43	-0.66	-0.6	-0.67	-0.83	0.43	-0.63	0.16	-0.83	0.72	0.56	0.16	-0.69
Total Current Liabilities	0.95		-0.92	-0.95	-0.4	0.97	0.95	0.0	0.63	0.87	0.81	0.92	0.39	-0.41	-0.63	-0.48	-0.75	-0.84	0.35	-0.53	0.2	-0.84	0.67	0.57	0.2	-0.65
Other Liab	-0.99	-0.92		0.93	0.23	-0.84	-0.92	0.04	-0.49	-0.77	-0.7	-0.82	-0.54	0.37	0.58	0.52	0.61	0.75	-0.38	0.57	-0.19	0.75	-0.64	-0.5	-0.19	0.62
Net Tangible Assets	-0.95	-0.95	0.93		0.53	-0.88	-0.96	0.09	-0.71	-0.9	-0.9	-0.79	-0.3	0.52	0.77	0.57	0.85	0.9	-0.51	0.54	0.07	0.9	-0.78	-0.73	0.07	0.66
Retained Earnings	-0.3	-0.4	0.23	0.53		-0.39	-0.46	0.16	-0.88	-0.7	-0.81	-0.29	0.51	0.53	0.77	0.39	0.87	0.7	-0.53	0.2	0.63	0.7	-0.7	-0.86	0.63	0.32
Accounts Payable	0.87	0.97	-0.84	-0.88	-0.39		0.88	0.03	0.64	0.82	0.75	0.95	0.34	-0.36	-0.54	-0.35	-0.7	-0.79	0.2	-0.42	0.26	-0.79	0.56	0.47	0.26	-0.61
Other Assets	0.96	0.95	-0.92	-0.96	-0.46	0.88		-0.15	0.63	0.94	0.86	0.8	0.27	-0.39	-0.73	-0.64	-0.78	-0.9	0.48	-0.64	0.06	-0.89	0.84	0.72	0.06	-0.66
Net Receivables	-0.16	0.0	0.04	0.09	0.16	0.03	-0.15		0.02	-0.22	-0.3	-0.01	0.57	0.6	0.55	0.71	0.08	0.42	-0.61	0.66	0.15	0.41	-0.45	-0.17	0.15	0.65
Inventory	0.53	0.63	-0.49	-0.71	-0.88	0.64	0.63	0.02		0.77	0.83	0.51	-0.2	-0.41	-0.68	-0.21	-0.91	-0.72	0.27	-0.07	-0.48	-0.73	0.63	0.8	-0.48	-0.28
Other Current Assets	0.84	0.87	-0.77	-0.9	-0.7	0.82	0.94	-0.22	0.77		0.93	0.73	-0.02	-0.44	-0.81	-0.66	-0.88	-0.95	0.54	-0.6	-0.11	-0.94	0.92	0.84	-0.11	-0.63
Other Stockholder Equity	0.77	0.81	-0.7	-0.9	-0.81	0.75	0.86	-0.3	0.83	0.93		0.64	-0.14	-0.69	-0.94	-0.67	-0.96	-0.97	0.69	-0.57	-0.34	-0.97	0.9	0.89	-0.34	-0.7
Total Current Assets	0.83	0.92	-0.82	-0.79	-0.29	0.95	0.8	-0.01	0.51	0.73	0.64		0.38	-0.38	-0.47	-0.38	-0.56	-0.72	0.21	-0.51	0.44	-0.73	0.47	0.31	0.44	-0.68
Property Plant Equipment	0.43	0.39	-0.54	-0.3	0.51	0.34	0.27	0.57	-0.2	-0.02	-0.14	0.38		0.29	0.3	0.19	0.14	0.1	-0.28	0.02	0.57	0.11	-0.2	-0.25	0.57	0.05
Common Stock Shares Outstanding	-0.43	-0.41	0.37	0.52	0.53	-0.36	-0.39	0.6	-0.41	-0.44	-0.69	-0.38	0.29		0.83	0.65	0.58	0.69	-0.81	0.59	0.31	0.71	-0.53	-0.45	0.31	0.82
Total Assets	-0.66	-0.63	0.58	0.77	0.77	-0.54	-0.73	0.55	-0.68	-0.81	-0.94	-0.47	0.3	0.83		0.81	0.86	0.93	-0.86	0.68	0.44	0.93	-0.9	-0.84	0.44	0.78
Short Long Term Debt Total	-0.6	-0.48	0.52	0.57	0.39	-0.35	-0.64	0.71	-0.21	-0.66	-0.67	-0.38	0.19	0.65	0.81		0.48	0.77	-0.9	0.96	0.08	0.76	-0.84	-0.58	0.08	0.84
Total Stockholder Equity	-0.67	-0.75	0.61	0.85	0.87	-0.7	-0.78	0.08	-0.91	-0.88	-0.96	-0.56	0.14	0.58	0.86	0.48		0.88	-0.56	0.34	0.46	0.88	-0.81	-0.92	0.46	0.49
Property Plant And Equipment Net	-0.83	-0.84	0.75	0.9	0.7	-0.79	-0.9	0.42	-0.72	-0.95	-0.97	-0.72	0.1	0.69	0.93	0.77	0.88		-0.71	0.71	0.17	1.0	-0.92	-0.81	0.17	0.81
Current Deferred Revenue	0.43	0.35	-0.38	-0.51	-0.53	0.2	0.48	-0.61	0.27	0.54	0.69	0.21	-0.28	-0.81	-0.86	-0.9	-0.56	-0.71		-0.8	-0.35	-0.7	0.76	0.63	-0.35	-0.76
Net Debt	-0.63	-0.53	0.57	0.54	0.2	-0.42	-0.64	0.66	-0.07	-0.6	-0.57	-0.51	0.02	0.59	0.68	0.96	0.34	0.71	-0.8		-0.22	0.7	-0.72	-0.38	-0.22	0.89
Cash	0.16	0.2	-0.19	0.07	0.63	0.26	0.06	0.15	-0.48	-0.11	-0.34	0.44	0.57	0.31	0.44	0.08	0.46	0.17	-0.35	-0.22		0.17	-0.32	-0.6	1.0	-0.16
Non Current Assets Total	-0.83	-0.84	0.75	0.9	0.7	-0.79	-0.89	0.41	-0.73	-0.94	-0.97	-0.73	0.11	0.71	0.93	0.76	0.88	1.0	-0.7	0.7	0.17		-0.9	-0.8	0.17	0.82
Non Currrent Assets Other	0.72	0.67	-0.64	-0.78	-0.7	0.56	0.84	-0.45	0.63	0.92	0.9	0.47	-0.2	-0.53	-0.9	-0.84	-0.81	-0.92	0.76	-0.72	-0.32	-0.9		0.9	-0.32	-0.65
Long Term Debt	0.56	0.57	-0.5	-0.73	-0.86	0.47	0.72	-0.17	0.8	0.84	0.89	0.31	-0.25	-0.45	-0.84	-0.58	-0.92	-0.81	0.63	-0.38	-0.6	-0.8	0.9		-0.6	-0.37
Cash And Short Term Investments	0.16	0.2	-0.19	0.07	0.63	0.26	0.06	0.15	-0.48	-0.11	-0.34	0.44	0.57	0.31	0.44	0.08	0.46	0.17	-0.35	-0.22	1.0	0.17	-0.32	-0.6		-0.16
Non Current Liabilities Total	-0.69	-0.65	0.62	0.66	0.32	-0.61	-0.66	0.65	-0.28	-0.63	-0.7	-0.68	0.05	0.82	0.78	0.84	0.49	0.81	-0.76	0.89	-0.16	0.82	-0.65	-0.37	-0.16

Click cells to compare fundamentals

Torrid Holdings Account Relationship Matchups

Torrid Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	100.8M	111.3M	103.5M	117.9M	117.1M	97.1M
Total Current Liabilities	186.6M	261.1M	297.0M	267.3M	232.1M	234.9M
Other Liab	8.6M	10.4M	11.9M	13.4M	12.0M	21.1M
Net Tangible Assets	(103.9M)	(71.6M)	(266.7M)	(238.6M)	(214.8M)	(204.0M)
Retained Earnings	(98.0M)	(73.5M)	(377.8M)	(359.2M)	(347.6M)	(365.0M)
Accounts Payable	35.9M	70.9M	77.4M	76.2M	46.2M	56.9M
Other Assets	6.7M	9.7M	12.0M	12.0M	13.7M	8.4M
Net Receivables	8.9M	5.1M	15.3M	2.4M	1.0	0.95
Inventory	119.7M	105.8M	170.6M	180.1M	142.2M	149.3M
Other Current Assets	6.6M	13.3M	21.3M	22.5M	25.2M	15.9M
Other Stockholder Equity	2.5M	10.3M	118.3M	128.2M	135.1M	141.9M
Total Current Assets	164.0M	242.1M	220.9M	216.1M	179.1M	206.5M
Property Plant Equipment	456.9M	388.0M	337.2M	113.6M	130.7M	124.1M

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 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC