ThredUp Other Assets vs Current Deferred Revenue Analysis

TDUP Stock  USD 1.55  0.21  15.67%   
ThredUp financial indicator trend analysis is much more than just breaking down ThredUp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ThredUp is a good investment. Please check the relationship between ThredUp Other Assets and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ThredUp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in ThredUp Stock, please use our How to Invest in ThredUp guide.

Other Assets vs Current Deferred Revenue

Other Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ThredUp Other Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between ThredUp's Other Assets and Current Deferred Revenue is 0.39. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of ThredUp, assuming nothing else is changed. The correlation between historical values of ThredUp's Other Assets and Current Deferred Revenue 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 Assets of ThredUp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Other Assets i.e., ThredUp's Other Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Assets

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from ThredUp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ThredUp 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 ThredUp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in ThredUp Stock, please use our How to Invest in ThredUp guide.As of 11/23/2024, Tax Provision is likely to grow to about 36.3 K, while Selling General Administrative is likely to drop slightly above 44.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.3M805K2.2M1.6M
Depreciation And Amortization13.1M20.5M25.1M14.1M

ThredUp fundamental ratios Correlations

0.870.620.97-0.780.150.70.790.760.820.850.760.870.820.860.980.840.880.850.850.76-0.560.90.990.610.66
0.870.780.86-0.870.560.570.750.930.731.00.960.920.970.970.940.980.990.940.930.93-0.760.960.910.890.46
0.620.780.75-0.960.320.010.80.850.770.740.820.510.830.810.670.850.760.90.820.92-0.940.860.60.72-0.12
0.970.860.75-0.880.110.570.840.80.860.830.760.810.820.850.950.850.870.890.860.82-0.650.920.950.620.51
-0.78-0.87-0.96-0.88-0.34-0.23-0.86-0.93-0.8-0.83-0.86-0.69-0.88-0.88-0.81-0.9-0.85-0.94-0.87-0.930.87-0.93-0.77-0.74-0.11
0.150.560.320.11-0.340.290.140.6-0.080.620.630.540.560.50.30.520.530.360.350.46-0.330.340.270.750.11
0.70.570.010.57-0.230.290.250.370.20.610.440.790.480.50.710.460.610.350.390.280.070.430.770.450.95
0.790.750.80.84-0.860.140.250.810.860.710.730.580.780.840.730.760.730.860.710.75-0.670.860.730.460.12
0.760.930.850.8-0.930.60.370.810.660.910.890.830.90.90.810.90.880.890.840.9-0.780.890.780.80.23
0.820.730.770.86-0.8-0.080.20.860.660.670.690.530.750.790.780.770.730.890.850.8-0.790.890.750.450.19
0.851.00.740.83-0.830.620.610.710.910.670.970.920.970.970.920.970.990.910.910.91-0.720.930.90.910.48
0.760.960.820.76-0.860.630.440.730.890.690.970.790.990.970.840.980.970.940.890.95-0.810.930.80.930.28
0.870.920.510.81-0.690.540.790.580.830.530.920.790.810.830.920.830.890.750.790.73-0.480.80.920.760.73
0.820.970.830.82-0.880.560.480.780.90.750.970.990.810.990.880.990.980.960.910.95-0.80.960.850.90.33
0.860.970.810.85-0.880.50.50.840.90.790.970.970.830.990.90.980.970.960.90.93-0.770.970.880.840.36
0.980.940.670.95-0.810.30.710.730.810.780.920.840.920.880.90.910.950.890.910.84-0.630.930.990.750.65
0.840.980.850.85-0.90.520.460.760.90.770.970.980.830.990.980.910.990.970.950.98-0.840.970.870.910.34
0.880.990.760.87-0.850.530.610.730.880.730.990.970.890.980.970.950.990.940.930.93-0.740.950.920.90.48
0.850.940.90.89-0.940.360.350.860.890.890.910.940.750.960.960.890.970.940.960.98-0.890.990.850.790.25
0.850.930.820.86-0.870.350.390.710.840.850.910.890.790.910.90.910.950.930.960.96-0.880.960.850.810.36
0.760.930.920.82-0.930.460.280.750.90.80.910.950.730.950.930.840.980.930.980.96-0.930.960.780.870.17
-0.56-0.76-0.94-0.650.87-0.330.07-0.67-0.78-0.79-0.72-0.81-0.48-0.8-0.77-0.63-0.84-0.74-0.89-0.88-0.93-0.84-0.54-0.720.13
0.90.960.860.92-0.930.340.430.860.890.890.930.930.80.960.970.930.970.950.990.960.96-0.840.890.790.34
0.990.910.60.95-0.770.270.770.730.780.750.90.80.920.850.880.990.870.920.850.850.78-0.540.890.70.7
0.610.890.720.62-0.740.750.450.460.80.450.910.930.760.90.840.750.910.90.790.810.87-0.720.790.70.31
0.660.46-0.120.51-0.110.110.950.120.230.190.480.280.730.330.360.650.340.480.250.360.170.130.340.70.31
Click cells to compare fundamentals

ThredUp Account Relationship Matchups

ThredUp fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab16.1M13.5M35.6M29.9M28.7M25.7M
Total Current Liabilities43.1M62.6M89.4M84.4M76.7M70.9M
Other Liab712K1.9M1.1M3.0M3.5M3.6M
Net Tangible Assets(183.2M)(222.2M)179.6M117.9M135.6M142.4M
Retained Earnings(203.7M)(252.2M)(315.3M)(407.6M)(478.9M)(502.8M)
Accounts Payable14.2M23.1M13.3M7.8M9.5M9.8M
Other Assets2.1M3.0M132.4M7.0M8.0M7.6M
Net Receivables2.9M1.8M4.1M4.7M7.8M4.3M
Common Stock Shares Outstanding94.1M92.7M98.4M99.8M104.9M104.0M
Inventory3.9M3.5M9.8M17.5M15.7M10.4M
Other Current Assets2.0M5.3M8.6M7.1M6.2M5.4M
Other Stockholder Equity20.5M524.9M522.2M551.9M585.2M404.2M
Total Current Assets94.4M75.2M228.4M134.2M93.9M119.3M
Property Plant Equipment26.1M64.8M94.8M92.5M106.4M65.8M

Additional Tools for ThredUp Stock Analysis

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