| PETZ Stock | | | USD 1.18 0.03 2.61% |
TDH Holdings financial indicator trend analysis is much more than just breaking down TDH Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TDH Holdings is a good investment. Please check the relationship between TDH Holdings Payables Turnover and its Net Income Per Share accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in TDH 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 estimate.
For more information on how to buy TDH Stock please use our
How to Invest in TDH Holdings guide.
Payables Turnover vs Net Income Per Share
Payables Turnover vs Net Income Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TDH Holdings Payables Turnover account and
Net Income Per Share. At this time, the significance of the direction appears to have no relationship.
The correlation between TDH Holdings' Payables Turnover and Net Income Per Share is 0.03. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of TDH Holdings, assuming nothing else is changed. The correlation between historical values of TDH Holdings' Payables Turnover and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of TDH Holdings are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Payables Turnover i.e., TDH Holdings' Payables Turnover and Net Income Per Share go up and down completely randomly.
Correlation Coefficient | 0.03 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Net Income Per Share
Most indicators from TDH Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TDH 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in TDH 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 estimate.
For more information on how to buy TDH Stock please use our
How to Invest in TDH Holdings guide.At this time, TDH Holdings'
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 2.42 in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
TDH Holdings fundamental ratios Correlations
Click cells to compare fundamentals
TDH Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TDH Holdings fundamental ratios Accounts
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Additional Tools for TDH Stock Analysis
When running TDH Holdings' price analysis, check to
measure TDH 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 TDH Holdings is operating at the current time. Most of TDH Holdings' value examination focuses on studying past and present price action to
predict the probability of TDH Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TDH Holdings' price. Additionally, you may evaluate how the addition of TDH Holdings to your portfolios can decrease your overall portfolio volatility.