Kidpik Accounts Payable vs Total Current Assets Analysis
| PIK Stock | USD 3.23 0.27 7.71% |
Kidpik Corp financial indicator trend analysis is infinitely more than just investigating Kidpik Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kidpik Corp is a good investment. Please check the relationship between Kidpik Corp Accounts Payable and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Kidpik Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Kidpik Stock please use our How to buy in Kidpik Stock guide.
Accounts Payable vs Total Current Assets
Accounts Payable vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kidpik Corp Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Kidpik Corp's Accounts Payable and Total Current Assets is 0.35. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Kidpik Corp, assuming nothing else is changed. The correlation between historical values of Kidpik Corp's Accounts Payable 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 Accounts Payable of Kidpik Corp 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 Accounts Payable i.e., Kidpik Corp's Accounts Payable and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.35 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Kidpik Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Kidpik Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 Kidpik Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kidpik Corp 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Kidpik Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Kidpik Stock please use our How to buy in Kidpik Stock guide.The value of Tax Provision is estimated to slide to 0.00. The value of Selling General Administrative is expected to slide to about 11.1 M
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 712.0K | 78.6K | 686.0 | 651.7 | Depreciation And Amortization | 456.0K | 314.7K | 525.4K | 309.2K |
Kidpik Corp fundamental ratios Correlations
Click cells to compare fundamentals
Kidpik Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Information and Resources on Investing in Kidpik Stock
When determining whether Kidpik Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Kidpik Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Kidpik Corp Stock. Highlighted below are key reports to facilitate an investment decision about Kidpik Corp Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Kidpik Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Kidpik Stock please use our How to buy in Kidpik Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is 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 Kidpik Corp. If investors know Kidpik 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 Kidpik Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.65) | Revenue Per Share 7.203 | Quarterly Revenue Growth (0.44) | Return On Assets (0.41) | Return On Equity (2.92) |
The market value of Kidpik Corp is measured differently than its book value, which is the value of Kidpik that is recorded on the company's balance sheet. Investors also form their own opinion of Kidpik Corp's value that differs from its market value or its book value, called intrinsic value, which is Kidpik Corp'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 Kidpik Corp's market value can be influenced by many factors that don't directly affect Kidpik Corp'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 Kidpik Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kidpik Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kidpik Corp'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.