Savers Other Current Assets vs Net Receivables Analysis
SVV Stock | 9.13 0.47 5.43% |
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 Other Current Assets and its Net Receivables 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.
Other Current Assets vs Net Receivables
Other Current Assets vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Savers Value Village, Other Current Assets account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Savers Value's Other Current Assets and Net Receivables is -0.37. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Receivables 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 Other Current Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Savers Value Village, are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Assets i.e., Savers Value's Other Current Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Net Receivables
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
Click cells to compare fundamentals
Savers Value Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
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.