YETI Other Operating Expenses vs Reconciled Depreciation Analysis
YETI Stock | USD 40.33 0.51 1.28% |
YETI Holdings financial indicator trend analysis is more than just analyzing YETI Holdings current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether YETI Holdings is a good investment. Please check the relationship between YETI Holdings Other Operating Expenses and its Reconciled Depreciation accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in YETI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in YETI Stock please use our How to Invest in YETI Holdings guide.
Other Operating Expenses vs Reconciled Depreciation
Other Operating Expenses vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of YETI Holdings Other Operating Expenses account and Reconciled Depreciation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between YETI Holdings' Other Operating Expenses and Reconciled Depreciation is 0.89. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of YETI Holdings, assuming nothing else is changed. The correlation between historical values of YETI Holdings' Other Operating Expenses and Reconciled Depreciation 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 Operating Expenses of YETI Holdings are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Other Operating Expenses i.e., YETI Holdings' Other Operating Expenses and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of YETI Holdings. It is also known as YETI Holdings overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Reconciled Depreciation
Most indicators from YETI Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into YETI Holdings 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 YETI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in YETI Stock please use our How to Invest in YETI Holdings guide.The YETI Holdings' current Tax Provision is estimated to increase to about 31.2 M, while Selling General Administrative is projected to decrease to under 323.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.3M | 4.5M | 942K | 894.9K | Depreciation And Amortization | 32.1M | 39.8M | 46.4M | 25.4M |
YETI Holdings fundamental ratios Correlations
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YETI Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
YETI Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 86.3M | 87.8M | 88.7M | 87.2M | 87.4M | 93.9M | |
Total Assets | 629.5M | 737.1M | 1.1B | 1.1B | 1.3B | 762.4M | |
Short Long Term Debt Total | 346.9M | 178.5M | 186.4M | 164.1M | 176.1M | 198.7M | |
Other Current Liab | 59.0M | 95.4M | 142.4M | 194.4M | 113.6M | 75.8M | |
Total Current Liabilities | 170.3M | 287.8M | 403.7M | 409.0M | 398.4M | 247.4M | |
Total Stockholder Equity | 122.0M | 288.4M | 517.8M | 526.5M | 723.6M | 759.8M | |
Other Liab | 13.3M | 13.3M | 23.1M | 13.9M | 15.9M | 12.7M | |
Net Tangible Assets | (23.1M) | 142.0M | 368.2M | 372.8M | 428.7M | 450.1M | |
Property Plant And Equipment Net | 120.4M | 112.2M | 174.0M | 180.0M | 208.3M | 111.5M | |
Current Deferred Revenue | 4.5M | 11.1M | 20.8M | 7.7M | 22.4M | 20.5M | |
Net Debt | 274.4M | (74.8M) | (125.8M) | (70.7M) | (262.8M) | (249.7M) | |
Retained Earnings | (189.5M) | (33.7M) | 178.9M | 268.6M | 438.4M | 460.4M | |
Accounts Payable | 83.8M | 123.6M | 191.3M | 140.8M | 190.4M | 98.6M | |
Cash | 72.5M | 253.3M | 312.2M | 234.7M | 439.0M | 460.9M | |
Non Current Assets Total | 269.0M | 260.6M | 326.2M | 357.8M | 382.8M | 273.7M | |
Non Currrent Assets Other | 2.4M | 972K | 2.6M | 24.1M | 2.6M | 2.5M | |
Other Assets | 3.5M | 2.0M | 2.6M | 24.1M | 27.7M | 29.1M | |
Long Term Debt | 281.7M | 111.0M | 95.7M | 71.7M | 75.2M | 71.4M | |
Cash And Short Term Investments | 72.5M | 253.3M | 312.2M | 234.7M | 439.0M | 460.9M | |
Net Receivables | 82.7M | 65.4M | 109.5M | 79.4M | 95.8M | 74.5M | |
Common Stock Total Equity | 842K | 868K | 871K | 877K | 789.3K | 910.5K | |
Liabilities And Stockholders Equity | 629.5M | 737.1M | 1.1B | 1.1B | 1.3B | 762.4M | |
Non Current Liabilities Total | 337.2M | 160.9M | 174.8M | 141.2M | 175.2M | 185.6M | |
Inventory | 185.7M | 140.1M | 318.9M | 371.4M | 337.2M | 222.9M | |
Other Current Assets | 3.2M | 17.7M | 29.6M | 33.3M | 42.5M | 21.5M | |
Other Stockholder Equity | 310.7M | 321.7M | 337.7M | 257.5M | 286.4M | 266.6M | |
Total Liab | 507.5M | 448.6M | 578.5M | 550.3M | 573.6M | 502.7M | |
Deferred Long Term Liab | 1.0M | 1.0M | 2.4M | 972K | 874.8K | 1.6M | |
Property Plant And Equipment Gross | 120.4M | 112.2M | 174.0M | 180.0M | 374.4M | 393.1M | |
Short Long Term Debt | 15M | 22.7M | 24.6M | 24.6M | 4.2M | 4.0M | |
Total Current Assets | 360.5M | 476.5M | 770.2M | 718.9M | 914.4M | 488.7M | |
Accumulated Other Comprehensive Income | 4K | (387K) | 353K | (420K) | (2.1M) | (2.2M) | |
Short Term Debt | 23.0M | 39.4M | 34.7M | 50.9M | 38.4M | 35.9M | |
Intangible Assets | 90.9M | 92.1M | 95.3M | 99.4M | 117.6M | 95.3M | |
Common Stock | 868K | 871K | 877K | 881K | 886K | 869.8K | |
Property Plant Equipment | 120.4M | 112.2M | 174.0M | 180.0M | 207.0M | 217.3M | |
Long Term Debt Total | 284.4M | 281.7M | 111.0M | 95.7M | 86.2M | 81.9M | |
Capital Surpluse | 268.3M | 310.7M | 321.7M | 337.7M | 388.4M | 278.1M | |
Non Current Liabilities Other | 13.3M | 49.9M | 23.1M | 13.9M | 20.4M | 20.3M |
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When determining whether YETI Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of YETI Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Yeti Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Yeti Holdings Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in YETI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in YETI Stock please use our How to Invest in YETI Holdings guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Leisure 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 YETI Holdings. If investors know YETI 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 YETI Holdings 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 0.347 | Earnings Share 2.31 | Revenue Per Share 21.044 | Quarterly Revenue Growth 0.104 | Return On Assets 0.1343 |
The market value of YETI Holdings is measured differently than its book value, which is the value of YETI that is recorded on the company's balance sheet. Investors also form their own opinion of YETI Holdings' value that differs from its market value or its book value, called intrinsic value, which is YETI Holdings' 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 YETI Holdings' market value can be influenced by many factors that don't directly affect YETI Holdings' 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 YETI Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if YETI Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YETI Holdings' 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.