Pet Long Term Debt vs Net Tangible Assets Analysis

WOOF Stock  USD 4.23  0.06  1.44%   
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 Long Term Debt and its Net Tangible Assets 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.

Long Term Debt vs Net Tangible Assets

Long Term Debt vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pet Acquisition LLC Long Term Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Pet Acquisition's Long Term Debt and Net Tangible Assets is -1.0. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Tangible Assets 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 Long Term Debt and Net Tangible 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 Long Term Debt of Pet Acquisition LLC are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Debt i.e., Pet Acquisition's Long Term Debt and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-1.0
Relationship DirectionNegative 
Relationship StrengthStrong

Long Term Debt

Long-term debt is a debt that Pet Acquisition LLC has held for over one year. Long-term debt appears on Pet Acquisition LLC balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Pet Acquisition LLC balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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.
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 Profit2.4B2.4B2.4B2.5B
Total Revenue5.8B6.0B6.3B6.6B

Pet Acquisition fundamental ratios Correlations

0.990.80.520.780.40.87-0.460.820.851.00.83-0.20.770.370.480.870.820.370.50.880.580.850.37-0.40.92
0.990.80.520.750.460.84-0.470.830.850.980.83-0.170.750.350.510.860.830.40.530.870.580.860.35-0.30.93
0.80.80.440.970.490.84-0.670.950.650.780.7-0.210.410.10.40.810.970.590.820.880.940.960.1-0.160.76
0.520.520.440.480.340.150.310.290.450.510.440.50.48-0.490.50.140.350.830.640.190.320.44-0.49-0.20.25
0.780.750.970.480.470.81-0.580.870.560.770.61-0.150.380.010.380.750.90.60.820.830.940.880.01-0.250.67
0.40.460.490.340.470.32-0.20.420.250.390.250.220.11-0.140.470.240.430.460.470.330.540.45-0.140.310.35
0.870.840.840.150.810.32-0.750.90.730.870.76-0.410.650.590.410.990.880.160.420.990.70.860.59-0.250.89
-0.46-0.47-0.670.31-0.58-0.2-0.75-0.77-0.37-0.44-0.420.78-0.06-0.530.03-0.73-0.760.05-0.38-0.76-0.64-0.67-0.530.11-0.69
0.820.830.950.290.870.420.9-0.770.750.80.8-0.350.480.330.380.890.990.450.680.940.830.980.33-0.150.86
0.850.850.650.450.560.250.73-0.370.750.830.99-0.150.760.460.540.770.720.360.340.760.390.810.46-0.210.84
1.00.980.780.510.770.390.87-0.440.80.830.81-0.190.790.380.490.870.80.350.480.880.560.830.38-0.410.91
0.830.830.70.440.610.250.76-0.420.80.990.81-0.140.740.440.560.80.770.40.40.790.470.850.44-0.150.83
-0.2-0.17-0.210.5-0.150.22-0.410.78-0.35-0.15-0.19-0.140.1-0.570.46-0.41-0.360.4-0.02-0.41-0.13-0.26-0.570.43-0.47
0.770.750.410.480.380.110.65-0.060.480.760.790.740.10.470.590.680.450.160.080.630.140.530.47-0.260.65
0.370.350.1-0.490.01-0.140.59-0.530.330.460.380.44-0.570.470.110.630.25-0.58-0.430.55-0.070.241.0-0.120.58
0.480.510.40.50.380.470.410.030.380.540.490.560.460.590.110.410.360.480.240.390.350.460.110.420.4
0.870.860.810.140.750.240.99-0.730.890.770.870.8-0.410.680.630.410.860.130.370.990.650.860.63-0.230.91
0.820.830.970.350.90.430.88-0.760.990.720.80.77-0.360.450.250.360.860.490.760.920.860.990.25-0.180.85
0.370.40.590.830.60.460.160.050.450.360.350.40.40.16-0.580.480.130.490.830.210.580.56-0.580.060.2
0.50.530.820.640.820.470.42-0.380.680.340.480.4-0.020.08-0.430.240.370.760.830.480.830.74-0.43-0.120.42
0.880.870.880.190.830.330.99-0.760.940.760.880.79-0.410.630.550.390.990.920.210.480.730.910.55-0.240.91
0.580.580.940.320.940.540.7-0.640.830.390.560.47-0.130.14-0.070.350.650.860.580.830.730.82-0.070.030.54
0.850.860.960.440.880.450.86-0.670.980.810.830.85-0.260.530.240.460.860.990.560.740.910.820.24-0.140.86
0.370.350.1-0.490.01-0.140.59-0.530.330.460.380.44-0.570.471.00.110.630.25-0.58-0.430.55-0.070.24-0.120.58
-0.4-0.3-0.16-0.2-0.250.31-0.250.11-0.15-0.21-0.41-0.150.43-0.26-0.120.42-0.23-0.180.06-0.12-0.240.03-0.14-0.12-0.29
0.920.930.760.250.670.350.89-0.690.860.840.910.83-0.470.650.580.40.910.850.20.420.910.540.860.58-0.29
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Pet Acquisition Account Relationship Matchups

Pet Acquisition fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.2B6.1B6.5B6.6B5.4B3.0B
Other Current Liab241.9M274.7M296.9M284.4M268.0M143.1M
Total Current Liabilities841.9M875.3M1.1B1.0B1.1B1.2B
Total Stockholder Equity569.4M2.1B2.3B2.4B1.2B1.1B
Property Plant And Equipment Net2.1B2.0B2.1B2.2B2.2B2.3B
Net Debt4.5B2.9B2.8B2.9B2.9B3.0B
Retained Earnings(780.5M)(22.3M)142.2M233.0M(1.0B)(994.9M)
Accounts Payable293.2M240.6M404.0M304.4M360.6M378.7M
Cash148.8M111.4M211.6M201.9M125.4M105.3M
Non Current Assets Total5.4B5.3B5.4B5.6B4.4B2.5B
Cash And Short Term Investments148.8M111.4M211.6M201.9M125.4M136.5M
Net Receivables31.5M41.8M55.6M49.6M44.4M49.9M
Common Stock Total Equity1.4B264K265K266K305.9K290.6K
Liabilities And Stockholders Equity6.2B6.1B6.5B6.6B5.4B3.0B
Non Current Liabilities Total4.8B3.1B3.2B3.2B3.1B3.2B
Inventory479.0M538.7M675.1M652.4M684.5M718.7M
Other Current Assets26.9M85.6M128.4M112.1M97.4M102.3M
Other Stockholder Equity(8.3M)2.1B2.1B2.2B2.2B2.3B
Total Liab5.6B4.0B4.2B4.2B4.2B4.4B
Property Plant And Equipment Gross2.1B2.0B2.1B2.2B3.6B3.7B
Total Current Assets711.0M777.5M1.1B1.0B951.7M999.3M
Common Stock1.4B264K265K266K269K255.6K
Non Currrent Assets Other(339.3M)(325.4M)(309.0M)(304.6M)193.1M202.7M
Accumulated Other Comprehensive Income(8.3M)(1.3M)(2.2M)(4.1M)1.8M1.9M
Short Long Term Debt Total4.7B3.0B3.0B3.1B3.0B2.2B
Short Term Debt306.9M313.0M287.7M360.0M400.9M420.9M
Other Liab353.9M403.8M452.5M410.0M369.0M346.5M
Net Tangible Assets(2.6B)(1.1B)(935.0M)(837.5M)(963.1M)(1.0B)
Other Assets122.4M(714K)152.8M176.8M203.3M128.1M
Long Term Debt3.2B1.6B1.6B1.6B1.6B1.7B
Capital Lease Obligations1.4B1.3B1.4B1.5B1.4B1.3B
Net Invested Capital3.8B3.7B3.9B4.0B2.8B3.0B
Short Long Term Debt28.6M2.2M21.8M22.8M16.0M16.0M
Capital Stock1.4B264K265K266K269K255.6K
Non Current Liabilities Other41.6M134.4M134.1M1.3B57.4M54.6M

Currently Active Assets on Macroaxis

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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.