ATRenew Total Current Liabilities vs Inventory Analysis
RERE Stock | USD 2.84 0.04 1.43% |
ATRenew financial indicator trend analysis is way more than just evaluating ATRenew Inc DRC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ATRenew Inc DRC is a good investment. Please check the relationship between ATRenew Total Current Liabilities and its Inventory accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ATRenew Inc DRC. 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.
Total Current Liabilities vs Inventory
Total Current Liabilities vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ATRenew Inc DRC Total Current Liabilities account and Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ATRenew's Total Current Liabilities and Inventory is 0.83. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Inventory in the same time period over historical financial statements of ATRenew Inc DRC, assuming nothing else is changed. The correlation between historical values of ATRenew's Total Current Liabilities and Inventory 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 ATRenew Inc DRC are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Current Liabilities i.e., ATRenew's Total Current Liabilities and Inventory go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Liabilities
Total Current Liabilities is an item on ATRenew balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ATRenew Inc DRC 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.Inventory
Most indicators from ATRenew's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ATRenew Inc DRC 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 ATRenew Inc DRC. 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. At present, ATRenew's Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 373.7M | 405.4M | 333.7M | 322.3M | Interest Income | 8.4M | 17.8M | 37.9M | 39.8M |
ATRenew fundamental ratios Correlations
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ATRenew Account Relationship Matchups
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ATRenew fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.8B | 5.2B | 7.5B | 5.0B | 5.5B | 5.4B | |
Short Long Term Debt Total | 361.6M | 595.7M | 165.4M | 157.5M | 405.9M | 269.3M | |
Other Current Liab | 332.1M | 547.8M | 614.2M | 688.1M | 706.3M | 563.6M | |
Total Current Liabilities | 755.1M | 1.2B | 824.7M | 1.0B | 1.7B | 1.1B | |
Total Stockholder Equity | (3.4B) | (5.2B) | 6.4B | 3.9B | 3.7B | 3.9B | |
Other Liab | 389.3M | 342.0M | 223.1M | 111.3M | 128.0M | 235.2M | |
Net Tangible Assets | (6.9B) | (8.4B) | 3.5B | 3.3B | 3.8B | 4.0B | |
Property Plant And Equipment Net | 99.2M | 69.6M | 173.5M | 118.6M | 148.2M | 124.0M | |
Current Deferred Revenue | 25.6M | 33.9M | 212.0M | 195.4M | 119.7M | 112.7M | |
Net Debt | (49.2M) | (322.4M) | (1.2B) | (1.5B) | (1.6B) | (1.5B) | |
Retained Earnings | (3.4B) | (5.2B) | (6.5B) | (9.0B) | (9.2B) | (9.6B) | |
Accounts Payable | 35.7M | 27.2M | 41.3M | 73.3M | 532.3M | 558.9M | |
Cash | 410.8M | 918.1M | 1.4B | 1.7B | 2.0B | 1.3B | |
Non Current Assets Total | 3.7B | 3.4B | 3.4B | 1.2B | 966.4M | 1.7B | |
Non Currrent Assets Other | 15.6M | 14.5M | 57.7M | 275.7M | 80.4M | 83.8M | |
Other Assets | 15.6M | 14.5M | 57.7M | 197.3M | 226.9M | 238.2M | |
Cash And Short Term Investments | 536.4M | 1.0B | 1.9B | 2.5B | 2.4B | 1.7B | |
Net Receivables | 493.0M | 12.3M | 405.1M | 316.3M | 910.3M | 955.8M | |
Short Term Investments | 125.6M | 97.9M | 510.5M | 782.2M | 452.0M | 360.8M | |
Liabilities And Stockholders Equity | 4.8B | 5.2B | 7.5B | 5.0B | 5.5B | 5.4B | |
Non Current Liabilities Total | 7.5B | 9.3B | 257.6M | 144.8M | 90.2M | 85.6M | |
Inventory | 65.6M | 177.0M | 478.8M | 433.5M | 1.0B | 1.1B | |
Other Current Assets | 474.8M | 651.8M | 1.4B | 654.6M | 168.5M | 160.1M | |
Other Stockholder Equity | (7.1B) | (8.9B) | 13.0B | 12.9B | 12.9B | 13.5B | |
Total Liab | 8.2B | 10.4B | 1.1B | 1.2B | 1.8B | 3.4B | |
Net Invested Capital | (3.1B) | (4.6B) | 130.9M | 124.0M | 4.1B | 4.3B | |
Long Term Investments | 89.3M | 96.4M | 241.5M | 219.6M | 467.1M | 490.4M | |
Property Plant And Equipment Gross | 99.2M | 69.6M | 173.5M | 284.8M | 348.0M | 191.1M | |
Short Long Term Debt | 361.6M | 563.1M | 130.9M | 124.0M | 349.9M | 248.4M | |
Total Current Assets | 1.1B | 1.9B | 4.2B | 3.9B | 4.5B | 3.0B | |
Accumulated Other Comprehensive Income | (358K) | 2.1M | 4.3M | (25.7M) | (16.8M) | (16.0M) | |
Net Working Capital | 339.8M | 691.1M | 3.3B | 2.9B | 2.8B | 1.9B | |
Short Term Debt | 361.6M | 563.1M | 130.9M | 170.4M | 383.4M | 259.1M | |
Intangible Assets | 1.7B | 1.4B | 1.1B | 544.7M | 270.6M | 257.1M | |
Property Plant Equipment | 99.2M | 69.6M | 173.5M | 197.1M | 226.6M | 133.5M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ATRenew Inc DRC is a strong investment it is important to analyze ATRenew's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ATRenew's future performance. For an informed investment choice regarding ATRenew Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ATRenew Inc DRC. 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. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Computer & Electronics Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ATRenew. If investors know ATRenew will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ATRenew listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.05) | Revenue Per Share 59.574 | Quarterly Revenue Growth 0.274 | Return On Assets (0.01) | Return On Equity (0.04) |
The market value of ATRenew Inc DRC is measured differently than its book value, which is the value of ATRenew that is recorded on the company's balance sheet. Investors also form their own opinion of ATRenew's value that differs from its market value or its book value, called intrinsic value, which is ATRenew's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ATRenew's market value can be influenced by many factors that don't directly affect ATRenew's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ATRenew's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATRenew is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATRenew's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.