Yoshitsu Net Tangible Assets vs Total Current Assets Analysis
TKLF Stock | USD 3.34 0.12 3.73% |
Yoshitsu financial indicator trend analysis is more than just analyzing Yoshitsu current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yoshitsu is a good investment. Please check the relationship between Yoshitsu Net Tangible Assets and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Yoshitsu Co Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Net Tangible Assets vs Total Current Assets
Net Tangible Assets vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yoshitsu Net Tangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Yoshitsu's Net Tangible Assets and Total Current Assets is 0.94. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Yoshitsu Co Ltd, assuming nothing else is changed. The correlation between historical values of Yoshitsu's Net Tangible Assets and Total Current Assets 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 Yoshitsu Co Ltd are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Tangible Assets i.e., Yoshitsu's Net Tangible Assets and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Yoshitsu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yoshitsu 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 Yoshitsu Co Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Yoshitsu's Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. The Yoshitsu's current Enterprise Value Over EBITDA is estimated to increase to 5.52, while Sales General And Administrative To Revenue is projected to decrease to 0.05.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 340.0M | 322.7M | 243.8M | 211.2M | Depreciation And Amortization | 3.6M | 3.0M | 445.7M | 467.9M |
Yoshitsu fundamental ratios Correlations
Click cells to compare fundamentals
Yoshitsu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yoshitsu fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 93.0M | 112.9M | 127.5M | 146.7M | 142.9M | 126.4M | |
Short Long Term Debt Total | 69.4M | 75.5M | 64.8M | 9.6B | 9.8B | 10.3B | |
Other Current Liab | 2.6M | 1.6B | 6.6B | 410.9M | 5.5B | 5.8B | |
Total Current Liabilities | 68.1M | 81.6M | 56.8M | 98.0M | 14.1B | 14.8B | |
Total Stockholder Equity | 15.7M | 22.6M | 36.3M | 28.3M | 36.1M | 27.5M | |
Property Plant And Equipment Net | 12.6M | 13.5M | 17.5M | 15.6M | 13.0M | 14.8M | |
Current Deferred Revenue | 534.4K | 186.0K | 104.7K | 19.3M | 55.1K | 52.4K | |
Net Debt | 61.9M | 59.1M | 46.5M | 9.6B | 9.5B | 9.9B | |
Retained Earnings | 14.7M | 20.2M | 21.6M | 13.6M | 21.1M | 18.5M | |
Accounts Payable | 4.2M | 13.8M | 8.0M | 12.7M | 33.8M | 35.5M | |
Cash | 7.5M | 16.4M | 18.3M | 1.8M | 2.5M | 2.4M | |
Non Current Assets Total | 12.6M | 13.8M | 17.7M | 15.8M | 20.7M | 16.4M | |
Non Currrent Assets Other | (228.0K) | 3.5M | 7.4M | (110.5M) | 4.1M | 4.3M | |
Other Assets | 6.7M | 3.9M | 7.9M | 24.2M | 27.9M | 29.3M | |
Cash And Short Term Investments | 7.5M | 16.4M | 18.3M | 1.8M | 2.5M | 2.4M | |
Net Receivables | 39.9M | 47.8M | 34.8M | 12.5B | 17.0B | 17.9B | |
Liabilities And Stockholders Equity | 93.0M | 112.9M | 123.3M | 22.6B | 142.9M | 135.8M | |
Non Current Liabilities Total | 5.3M | 6.4M | 21.1M | 10.3M | 1.9B | 2.0B | |
Inventory | 22.5M | 27.1M | 31.4M | 7.2M | 4.4M | 4.2M | |
Other Current Assets | 3.6M | 437.1M | 1.2B | 1.7B | 1.5B | 875.2M | |
Other Stockholder Equity | (294.9K) | 403.5K | (5.4B) | (3.9B) | 10.3M | 10.8M | |
Total Liab | 77.0M | 90.7M | 83.0M | 117.4M | 106.9M | 97.3M | |
Total Current Assets | 73.6M | 95.2M | 101.9M | 106.6M | 122.2M | 101.7M | |
Accumulated Other Comprehensive Income | 294.9K | (403.5K) | 6.4M | 1.4B | (12.0M) | (11.4M) | |
Short Term Debt | 60.7M | 7.4B | 319.9M | 8.7B | 8.6B | 4.6B |
Currently Active Assets on Macroaxis
When determining whether Yoshitsu is a strong investment it is important to analyze Yoshitsu'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 Yoshitsu's future performance. For an informed investment choice regarding Yoshitsu Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Yoshitsu Co Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Personal Care Products 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 Yoshitsu. If investors know Yoshitsu 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 Yoshitsu listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.378 | Earnings Share 2 | Revenue Per Share 5.251 | Quarterly Revenue Growth 0.319 | Return On Assets 0.0223 |
The market value of Yoshitsu is measured differently than its book value, which is the value of Yoshitsu that is recorded on the company's balance sheet. Investors also form their own opinion of Yoshitsu's value that differs from its market value or its book value, called intrinsic value, which is Yoshitsu'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 Yoshitsu's market value can be influenced by many factors that don't directly affect Yoshitsu'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 Yoshitsu's value and its price as these two are different measures arrived at by different means. Investors typically determine if Yoshitsu is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yoshitsu'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.