Savers Net Tangible Assets vs Retained Earnings Analysis
SVV Stock | 9.68 0.55 6.02% |
Savers Value financial indicator trend analysis is much more than just breaking down Savers Value Village, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Savers Value Village, is a good investment. Please check the relationship between Savers Value Net Tangible Assets and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Savers Value Village,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Net Tangible Assets vs Retained Earnings
Net Tangible Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Savers Value Village, Net Tangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Savers Value's Net Tangible Assets and Retained Earnings is 0.65. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Savers Value Village,, assuming nothing else is changed. The correlation between historical values of Savers Value's Net Tangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Savers Value Village, are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Tangible Assets i.e., Savers Value's Net Tangible Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Savers Value's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Savers Value Village, 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Savers Value Village,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. Issuance Of Capital Stock is likely to climb to about 330.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 474.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 48.9M | 62.9M | 99.6M | 75.2M | Depreciation And Amortization | 47.4M | 55.8M | 61.1M | 60.5M |
Savers Value fundamental ratios Correlations
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Savers Value Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Savers Stock Analysis
When running Savers Value's price analysis, check to measure Savers Value'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 Savers Value is operating at the current time. Most of Savers Value's value examination focuses on studying past and present price action to predict the probability of Savers Value's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Savers Value's price. Additionally, you may evaluate how the addition of Savers Value to your portfolios can decrease your overall portfolio volatility.