Pet Good Will vs Total Current Liabilities Analysis
WOOF Stock | USD 4.05 0.12 2.88% |
Pet Acquisition financial indicator trend analysis is much more than just breaking down Pet Acquisition LLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pet Acquisition LLC is a good investment. Please check the relationship between Pet Acquisition Good Will and its Total Current Liabilities accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Pet Acquisition LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Good Will vs Total Current Liabilities
Good Will vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pet Acquisition LLC Good Will account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Pet Acquisition's Good Will and Total Current Liabilities is 0.41. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Pet Acquisition LLC, assuming nothing else is changed. The correlation between historical values of Pet Acquisition's Good Will and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Pet Acquisition LLC are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Good Will i.e., Pet Acquisition's Good Will and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Total Current Liabilities
Total Current Liabilities is an item on Pet Acquisition balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Pet Acquisition LLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Pet Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pet Acquisition LLC 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Pet Acquisition LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Pet Acquisition's Enterprise Value Over EBITDA is most likely to decrease significantly in the upcoming years. The Pet Acquisition's current Enterprise Value Multiple is estimated to increase to 7.56, while Tax Provision is forecasted to increase to (26.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.4B | 2.4B | 2.4B | 2.5B | Total Revenue | 5.8B | 6.0B | 6.3B | 6.6B |
Pet Acquisition fundamental ratios Correlations
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Pet Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pet Acquisition fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.2B | 6.1B | 6.5B | 6.6B | 5.4B | 3.0B | |
Other Current Liab | 241.9M | 274.7M | 296.9M | 284.4M | 268.0M | 143.1M | |
Total Current Liabilities | 841.9M | 875.3M | 1.1B | 1.0B | 1.1B | 1.2B | |
Total Stockholder Equity | 569.4M | 2.1B | 2.3B | 2.4B | 1.2B | 1.1B | |
Property Plant And Equipment Net | 2.1B | 2.0B | 2.1B | 2.2B | 2.2B | 2.3B | |
Net Debt | 4.5B | 2.9B | 2.8B | 2.9B | 2.9B | 3.0B | |
Retained Earnings | (780.5M) | (22.3M) | 142.2M | 233.0M | (1.0B) | (994.9M) | |
Accounts Payable | 293.2M | 240.6M | 404.0M | 304.4M | 360.6M | 378.7M | |
Cash | 148.8M | 111.4M | 211.6M | 201.9M | 125.4M | 105.3M | |
Non Current Assets Total | 5.4B | 5.3B | 5.4B | 5.6B | 4.4B | 2.5B | |
Cash And Short Term Investments | 148.8M | 111.4M | 211.6M | 201.9M | 125.4M | 136.5M | |
Net Receivables | 31.5M | 41.8M | 55.6M | 49.6M | 44.4M | 49.9M | |
Common Stock Total Equity | 1.4B | 264K | 265K | 266K | 305.9K | 290.6K | |
Liabilities And Stockholders Equity | 6.2B | 6.1B | 6.5B | 6.6B | 5.4B | 3.0B | |
Non Current Liabilities Total | 4.8B | 3.1B | 3.2B | 3.2B | 3.1B | 3.2B | |
Inventory | 479.0M | 538.7M | 675.1M | 652.4M | 684.5M | 718.7M | |
Other Current Assets | 26.9M | 85.6M | 128.4M | 112.1M | 97.4M | 102.3M | |
Other Stockholder Equity | (8.3M) | 2.1B | 2.1B | 2.2B | 2.2B | 2.3B | |
Total Liab | 5.6B | 4.0B | 4.2B | 4.2B | 4.2B | 4.4B | |
Property Plant And Equipment Gross | 2.1B | 2.0B | 2.1B | 2.2B | 3.6B | 3.7B | |
Total Current Assets | 711.0M | 777.5M | 1.1B | 1.0B | 951.7M | 999.3M | |
Common Stock | 1.4B | 264K | 265K | 266K | 269K | 255.6K | |
Non Currrent Assets Other | (339.3M) | (325.4M) | (309.0M) | (304.6M) | 193.1M | 202.7M | |
Accumulated Other Comprehensive Income | (8.3M) | (1.3M) | (2.2M) | (4.1M) | 1.8M | 1.9M | |
Short Long Term Debt Total | 4.7B | 3.0B | 3.0B | 3.1B | 3.0B | 2.2B | |
Short Term Debt | 306.9M | 313.0M | 287.7M | 360.0M | 400.9M | 420.9M | |
Other Liab | 353.9M | 403.8M | 452.5M | 410.0M | 369.0M | 346.5M | |
Net Tangible Assets | (2.6B) | (1.1B) | (935.0M) | (837.5M) | (963.1M) | (1.0B) | |
Other Assets | 122.4M | (714K) | 152.8M | 176.8M | 203.3M | 128.1M | |
Long Term Debt | 3.2B | 1.6B | 1.6B | 1.6B | 1.6B | 1.7B | |
Capital Lease Obligations | 1.4B | 1.3B | 1.4B | 1.5B | 1.4B | 1.3B | |
Net Invested Capital | 3.8B | 3.7B | 3.9B | 4.0B | 2.8B | 3.0B | |
Short Long Term Debt | 28.6M | 2.2M | 21.8M | 22.8M | 16.0M | 16.0M | |
Capital Stock | 1.4B | 264K | 265K | 266K | 269K | 255.6K | |
Non Current Liabilities Other | 41.6M | 134.4M | 134.1M | 1.3B | 57.4M | 54.6M |
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When determining whether Pet Acquisition LLC is a strong investment it is important to analyze Pet Acquisition'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 Pet Acquisition's future performance. For an informed investment choice regarding Pet Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Pet Acquisition LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Other Specialty Retail 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 Pet Acquisition. If investors know Pet 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 Pet Acquisition 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 0.094 | Earnings Share (4.98) | Revenue Per Share 23.056 | Quarterly Revenue Growth (0.01) | Return On Assets (0) |
The market value of Pet Acquisition LLC is measured differently than its book value, which is the value of Pet that is recorded on the company's balance sheet. Investors also form their own opinion of Pet Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Pet Acquisition'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 Pet Acquisition's market value can be influenced by many factors that don't directly affect Pet Acquisition'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 Pet Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pet Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pet Acquisition'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.