Tillys Asset Turnover vs Gross Profit Margin Analysis
TLYS Stock | USD 4.00 0.09 2.30% |
Tillys financial indicator trend analysis is much more than just breaking down Tillys Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tillys Inc is a good investment. Please check the relationship between Tillys Asset Turnover and its Gross Profit Margin accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tillys Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Asset Turnover vs Gross Profit Margin
Asset Turnover vs Gross Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tillys Inc Asset Turnover account and Gross Profit Margin. At this time, the significance of the direction appears to have very week relationship.
The correlation between Tillys' Asset Turnover and Gross Profit Margin is 0.24. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Tillys Inc, assuming nothing else is changed. The correlation between historical values of Tillys' Asset Turnover and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Tillys Inc are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Asset Turnover i.e., Tillys' Asset Turnover and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Gross Profit Margin
Most indicators from Tillys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tillys Inc 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 Tillys Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. At this time, Tillys' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 7.60 in 2024, whereas Selling General Administrative is likely to drop slightly above 144.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 276.7M | 202.8M | 165.7M | 179.2M | Total Revenue | 775.7M | 672.3M | 623.1M | 587.7M |
Tillys fundamental ratios Correlations
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Tillys Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Tillys Stock Analysis
When running Tillys' price analysis, check to measure Tillys' 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 Tillys is operating at the current time. Most of Tillys' value examination focuses on studying past and present price action to predict the probability of Tillys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tillys' price. Additionally, you may evaluate how the addition of Tillys to your portfolios can decrease your overall portfolio volatility.