PriceSmart Total Stockholder Equity vs Good Will Analysis

PSMT Stock  USD 88.48  0.78  0.89%   
PriceSmart financial indicator trend analysis is much more than just breaking down PriceSmart prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PriceSmart is a good investment. Please check the relationship between PriceSmart Total Stockholder Equity and its Good Will accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PriceSmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy PriceSmart Stock please use our How to Invest in PriceSmart guide.

Total Stockholder Equity vs Good Will

Total Stockholder Equity vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PriceSmart Total Stockholder Equity account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between PriceSmart's Total Stockholder Equity and Good Will is 0.76. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Good Will in the same time period over historical financial statements of PriceSmart, assuming nothing else is changed. The correlation between historical values of PriceSmart's Total Stockholder Equity and Good Will 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 Stockholder Equity of PriceSmart are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Stockholder Equity i.e., PriceSmart's Total Stockholder Equity and Good Will go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from PriceSmart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PriceSmart 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 PriceSmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy PriceSmart Stock please use our How to Invest in PriceSmart guide.At this time, PriceSmart's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.18 in 2024, whereas Discontinued Operations is likely to drop (30.2 K) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit681.1M759.3M846.9M889.3M
Total Revenue4.1B4.4B4.9B5.2B

PriceSmart fundamental ratios Correlations

0.490.470.490.50.460.50.470.140.160.40.50.040.970.470.260.520.110.260.480.480.370.36-0.030.40.51
0.490.950.990.991.00.991.00.50.90.930.970.730.650.990.920.990.820.960.520.690.910.670.760.590.76
0.470.950.940.930.950.950.950.460.840.920.90.680.630.950.850.930.840.890.470.650.880.590.760.550.75
0.490.990.940.980.991.00.990.470.90.920.960.70.640.990.920.990.810.940.530.690.910.690.760.620.74
0.50.990.930.980.990.990.990.470.880.880.990.720.650.960.920.980.80.960.450.620.850.60.750.510.72
0.461.00.950.990.990.991.00.480.910.910.970.720.620.980.930.980.840.970.480.650.890.660.780.580.74
0.50.990.951.00.990.990.990.460.90.910.980.710.640.990.930.990.810.940.50.660.890.640.760.570.73
0.471.00.950.990.991.00.990.490.90.920.970.720.630.980.920.980.840.970.480.650.90.660.770.580.74
0.140.50.460.470.470.480.460.490.460.620.430.590.290.530.410.510.40.530.530.670.60.540.380.430.66
0.160.90.840.90.880.910.90.90.460.840.870.830.330.90.950.880.870.930.340.560.830.580.890.490.63
0.40.930.920.920.880.910.910.920.620.840.830.720.590.960.80.930.790.870.690.820.990.770.720.730.89
0.50.970.90.960.990.970.980.970.430.870.830.710.640.940.920.960.80.930.370.530.790.520.720.420.64
0.040.730.680.70.720.720.710.720.590.830.720.710.210.720.840.730.720.780.250.490.660.320.840.260.6
0.970.650.630.640.650.620.640.630.290.330.590.640.210.630.40.670.260.440.60.610.550.490.110.50.66
0.470.990.950.990.960.980.990.980.530.90.960.940.720.630.90.990.820.940.590.740.950.730.760.660.8
0.260.920.850.920.920.930.930.920.410.950.80.920.840.40.90.910.860.930.270.50.780.490.90.430.58
0.520.990.930.990.980.980.990.980.510.880.930.960.730.670.990.910.770.930.580.720.910.670.730.60.78
0.110.820.840.810.80.840.810.840.40.870.790.80.720.260.820.860.770.850.120.370.770.460.880.440.53
0.260.960.890.940.960.970.940.970.530.930.870.930.780.440.940.930.930.850.40.60.850.620.830.50.68
0.480.520.470.530.450.480.50.480.530.340.690.370.250.60.590.270.580.120.40.930.720.820.130.780.79
0.480.690.650.690.620.650.660.650.670.560.820.530.490.610.740.50.720.370.60.930.840.860.420.840.9
0.370.910.880.910.850.890.890.90.60.830.990.790.660.550.950.780.910.770.850.720.840.840.70.80.86
0.360.670.590.690.60.660.640.660.540.580.770.520.320.490.730.490.670.460.620.820.860.840.390.950.72
-0.030.760.760.760.750.780.760.770.380.890.720.720.840.110.760.90.730.880.830.130.420.70.390.390.49
0.40.590.550.620.510.580.570.580.430.490.730.420.260.50.660.430.60.440.50.780.840.80.950.390.73
0.510.760.750.740.720.740.730.740.660.630.890.640.60.660.80.580.780.530.680.790.90.860.720.490.73
Click cells to compare fundamentals

PriceSmart Account Relationship Matchups

PriceSmart fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding30.3M30.4M30.6M30.8M30.0M22.7M
Total Assets1.7B1.7B1.8B2.0B2.0B2.1B
Other Current Liab78.4M112.6M75.3M95.1M98.3M103.2M
Total Current Liabilities568.3M533.6M579.5M634.5M680.1M714.2M
Total Stockholder Equity831.7M915.3M991.1M1.1B1.1B1.2B
Property Plant And Equipment Net811.8M853.9M869.1M964.5M1.0B1.1B
Accounts Payable373.2M388.8M408.4M453.2M486.0M510.3M
Non Current Assets Total957.8M1.0B1.0B1.1B1.2B1.2B
Non Currrent Assets Other58.4M67.1M82.8M78.3M71.1M43.7M
Net Receivables13.2M12.4M13.4M17.9M18.8M19.8M
Liabilities And Stockholders Equity1.7B1.7B1.8B2.0B2.0B2.1B
Non Current Liabilities Total255.8M256.0M237.9M264.1M219.6M230.6M
Inventory309.5M389.7M464.4M471.4M528.7M555.1M
Other Current Assets30.2M42.8M46.9M90.1M59.3M62.3M
Other Stockholder Equity426.0M438.9M449.8M453.5M397.3M335.4M
Total Liab824.1M789.6M817.3M898.6M899.7M944.7M
Property Plant And Equipment Gross811.8M730.2M869.1M1.5B1.6B1.7B
Total Current Assets699.0M697.2M773.6M877.1M832.3M874.0M
Accumulated Other Comprehensive Income(176.8M)(182.5M)(195.6M)(164.0M)(164.6M)(156.4M)
Net Debt30.5M65.2M36.2M38.2M124.3M130.5M
Retained Earnings582.5M658.9M736.9M817.6M890.3M934.8M
Cash299.5M202.1M237.7M240.0M125.4M107.0M
Cash And Short Term Investments346.0M252.3M248.9M331.1M225.5M121.8M
Short Long Term Debt Total330.0M267.3M273.9M278.2M249.6M262.1M
Short Term Debt93.2M36.4M59.3M44.1M51.3M26.0M
Short Term Investments46.5M50.2M11.2M91.1M100.2M105.2M
Other Assets64.0M210.2M88.9M99.3M114.2M60.0M
Long Term Debt112.6M110.1M103.6M119.5M94.4M78.5M
Good Will45.2M45.1M43.3M43.1M43.2M38.8M
Treasury Stock(39.1M)(38.7M)(28.4M)(26.1M)(23.5M)(24.6M)
Intangible Assets12.6M10.2M7.8M765K688.5K654.1K
Property Plant Equipment671.2M692.3M853.9M869.1M999.4M1.0B
Current Deferred Revenue23.5M26.9M29.2M32.6M38.1M40.0M
Other Liab24.1M14.3M13.6M15.8M18.2M11.7M
Noncontrolling Interest In Consolidated Entity636K928K1.0M869K999.4K1.0M
Retained Earnings Total Equity474.0M525.8M582.5M658.9M757.8M795.6M
Deferred Long Term Liab10.8M13.2M1.7M1.6M1.8M1.7M
Net Tangible Assets797.4M831.7M862.5M947.0M1.1B755.8M

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 PriceSmart Stock Analysis

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