CarPartsCom Dividend Yield vs Payout Ratio Analysis

PRTS Stock  USD 1.07  0.05  4.46%   
CarPartsCom financial indicator trend analysis is way more than just evaluating CarPartsCom prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CarPartsCom is a good investment. Please check the relationship between CarPartsCom Dividend Yield and its Payout Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in CarPartsCom. 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 CarPartsCom Stock please use our How to Invest in CarPartsCom guide.

Dividend Yield vs Payout Ratio

Dividend Yield vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CarPartsCom Dividend Yield account and Payout Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between CarPartsCom's Dividend Yield and Payout Ratio is 1.0. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of CarPartsCom, assuming nothing else is changed. The correlation between historical values of CarPartsCom's Dividend Yield and Payout 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 Dividend Yield of CarPartsCom are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Dividend Yield i.e., CarPartsCom's Dividend Yield and Payout Ratio go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Dividend Yield

Dividend Yield is CarPartsCom dividend as a percentage of CarPartsCom stock price. CarPartsCom dividend yield is a measure of CarPartsCom stock productivity, which can be interpreted as interest rate earned on an CarPartsCom investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Payout Ratio

Payout Ratio is the proportion of CarPartsCom earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of CarPartsCom dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating CarPartsCom is paying out more in dividends than it makes in net income.
Most indicators from CarPartsCom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CarPartsCom 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 CarPartsCom. 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 CarPartsCom Stock please use our How to Invest in CarPartsCom guide.At this time, CarPartsCom's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 955.5 K in 2024, whereas Discontinued Operations is likely to drop (675 K) in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue582.4M661.6M675.7M709.5M
Interest Expense1.1M1.4M1.4M1.8M

CarPartsCom fundamental ratios Correlations

0.98-0.160.860.820.03-0.050.860.770.920.770.990.990.810.930.970.97-0.37-0.660.95-0.360.580.82-0.270.980.77
0.98-0.210.860.840.0-0.010.860.730.90.710.940.970.770.920.920.95-0.38-0.550.91-0.380.590.78-0.190.950.73
-0.16-0.21-0.60.12-0.03-0.1-0.60.160.040.17-0.11-0.20.29-0.29-0.19-0.020.21-0.11-0.230.14-0.010.04-0.09-0.030.09
0.860.86-0.60.520.13-0.141.00.510.730.520.830.890.560.850.840.79-0.38-0.480.83-0.360.440.62-0.220.790.57
0.820.840.120.52-0.340.070.520.770.750.760.790.750.770.710.760.82-0.13-0.470.75-0.20.740.780.020.770.76
0.030.0-0.030.13-0.340.120.120.180.150.130.060.140.110.20.020.04-0.6-0.280.05-0.49-0.410.2-0.820.170.11
-0.05-0.01-0.1-0.140.070.12-0.150.08-0.130.01-0.09-0.09-0.30.1-0.08-0.22-0.29-0.030.01-0.01-0.260.03-0.26-0.06-0.09
0.860.86-0.61.00.520.12-0.150.510.730.520.830.890.550.850.850.79-0.37-0.480.83-0.350.450.61-0.210.790.56
0.770.730.160.510.770.180.080.510.790.980.80.770.840.740.740.75-0.35-0.820.75-0.170.490.98-0.540.820.82
0.920.90.040.730.750.15-0.130.730.790.790.910.930.890.890.830.92-0.52-0.650.85-0.350.40.84-0.340.960.8
0.770.710.170.520.760.130.010.520.980.790.80.770.850.720.740.75-0.26-0.860.73-0.150.580.97-0.530.80.88
0.990.94-0.110.830.790.06-0.090.830.80.910.80.980.810.920.990.96-0.34-0.740.97-0.340.560.83-0.340.980.78
0.990.97-0.20.890.750.14-0.090.890.770.930.770.980.810.940.960.96-0.42-0.680.95-0.390.520.82-0.360.980.76
0.810.770.290.560.770.11-0.30.550.840.890.850.810.810.690.740.87-0.26-0.630.69-0.30.570.86-0.310.860.82
0.930.92-0.290.850.710.20.10.850.740.890.720.920.940.690.890.87-0.62-0.630.93-0.520.40.81-0.40.920.79
0.970.92-0.190.840.760.02-0.080.850.740.830.740.990.960.740.890.93-0.27-0.710.98-0.350.590.77-0.30.940.73
0.970.95-0.020.790.820.04-0.220.790.750.920.750.960.960.870.870.93-0.32-0.610.9-0.430.630.79-0.230.960.79
-0.37-0.380.21-0.38-0.13-0.6-0.29-0.37-0.35-0.52-0.26-0.34-0.42-0.26-0.62-0.27-0.320.2-0.40.610.34-0.430.47-0.45-0.35
-0.66-0.55-0.11-0.48-0.47-0.28-0.03-0.48-0.82-0.65-0.86-0.74-0.68-0.63-0.63-0.71-0.610.2-0.70.04-0.38-0.780.73-0.7-0.71
0.950.91-0.230.830.750.050.010.830.750.850.730.970.950.690.930.980.9-0.4-0.7-0.360.470.78-0.330.940.71
-0.36-0.380.14-0.36-0.2-0.49-0.01-0.35-0.17-0.35-0.15-0.34-0.39-0.3-0.52-0.35-0.430.610.04-0.36-0.1-0.310.26-0.39-0.43
0.580.59-0.010.440.74-0.41-0.260.450.490.40.580.560.520.570.40.590.630.34-0.380.47-0.10.520.130.470.63
0.820.780.040.620.780.20.030.610.980.840.970.830.820.860.810.770.79-0.43-0.780.78-0.310.52-0.50.850.88
-0.27-0.19-0.09-0.220.02-0.82-0.26-0.21-0.54-0.34-0.53-0.34-0.36-0.31-0.4-0.3-0.230.470.73-0.330.260.13-0.5-0.4-0.41
0.980.95-0.030.790.770.17-0.060.790.820.960.80.980.980.860.920.940.96-0.45-0.70.94-0.390.470.85-0.40.77
0.770.730.090.570.760.11-0.090.560.820.80.880.780.760.820.790.730.79-0.35-0.710.71-0.430.630.88-0.410.77
Click cells to compare fundamentals

CarPartsCom Account Relationship Matchups

CarPartsCom fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets87.9M187.0M235.3M238.4M257.9M270.7M
Total Stockholder Equity12.4M83.5M95.6M110.1M112.8M118.5M
Net Debt13.6M(4.2M)28.2M27.9M(12.8M)(12.2M)
Cash2.3M35.8M18.1M18.8M51.0M53.5M
Non Current Assets Total25.6M47.6M66.7M70.5M64.5M40.5M
Non Currrent Assets Other2.4M2.9M2.2M2.5M3.3M3.5M
Other Assets2.4M2.9M2.2M2.5M2.9M5.2M
Cash And Short Term Investments2.3M35.8M18.1M18.8M51.0M53.5M
Common Stock Shares Outstanding35.7M42.3M51.4M54.1M56.6M34.0M
Liabilities And Stockholders Equity87.9M187.0M235.3M238.4M257.9M270.7M
Non Current Liabilities Total15.6M31.5M43.0M40.3M32.0M33.6M
Other Stockholder Equity180.0M253.1M275.0M289.6M301.0M166.6M
Total Liab75.6M103.5M139.8M128.3M145.0M152.3M
Total Current Assets62.4M139.4M168.6M167.9M193.3M203.0M
Short Long Term Debt Total15.8M31.6M46.4M46.7M38.1M21.2M
Other Current Liab12.1M21.8M22.1M20.1M25.0M26.2M
Total Current Liabilities59.9M72.0M96.8M88.0M113.0M118.6M
Property Plant And Equipment Net23.2M44.7M64.5M68.0M61.2M64.2M
Current Deferred Revenue652K630K826K250K1.1M1.1M
Retained Earnings(167.9M)(169.5M)(179.8M)(180.8M)(189.0M)(179.5M)
Accounts Payable44.4M45.3M67.4M57.6M77.9M81.7M
Net Receivables2.7M6.3M5.0M6.4M7.4M4.7M
Inventory52.5M89.3M138.9M136.0M128.9M135.3M
Other Current Assets4.9M7.9M6.6M6.7M6.1M4.0M
Property Plant And Equipment Gross23.2M44.7M64.5M68.0M84.9M89.2M
Accumulated Other Comprehensive Income214K(215K)274K1.1M783K822.2K
Short Term Debt2.7M4.1M7.2M9.3M9.1M6.4M
Property Plant Equipment9.7M44.7M64.5M24.3M27.9M21.8M
Other Liab2.5M4.0M3.7M3.0M3.4M2.5M
Net Tangible Assets12.4M83.5M95.6M110.1M126.6M132.9M
Retained Earnings Total Equity(167.9M)(169.5M)(179.8M)(180.8M)(162.7M)(170.8M)
Capital Surpluse187.1M260.3M282.7M297.3M341.9M223.9M

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Additional Tools for CarPartsCom Stock Analysis

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