Duluth Accounts Payable vs Net Income Analysis

DLTH Stock  USD 4.93  0.08  1.65%   
Duluth Holdings financial indicator trend analysis is much more than just examining Duluth Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Duluth Holdings is a good investment. Please check the relationship between Duluth Holdings Accounts Payable and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duluth Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Duluth Stock please use our How to Invest in Duluth Holdings guide.

Accounts Payable vs Net Income

Accounts Payable vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Duluth Holdings Accounts Payable account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Duluth Holdings' Accounts Payable and Net Income is -0.48. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Income in the same time period over historical financial statements of Duluth Holdings, assuming nothing else is changed. The correlation between historical values of Duluth Holdings' Accounts Payable and Net Income 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 Duluth Holdings are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Accounts Payable i.e., Duluth Holdings' Accounts Payable and Net Income go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Duluth Holdings 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 Duluth Holdings 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Duluth Holdings financial statement analysis. It represents the amount of money remaining after all of Duluth Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Duluth Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Duluth 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duluth Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Duluth Stock please use our How to Invest in Duluth Holdings guide.The current Selling General Administrative is estimated to decrease to about 213.1 M. The Duluth Holdings' current Tax Provision is estimated to increase to about (2.6 M)
 2021 2022 2023 2024 (projected)
Interest Expense4.7M3.7M4.2M3.2M
Depreciation And Amortization29.3M31.2M32.2M17.4M

Duluth Holdings fundamental ratios Correlations

0.960.860.980.970.370.990.930.920.950.940.60.99-0.560.430.740.60.76-0.280.80.520.970.970.850.990.9
0.960.810.930.880.340.980.850.980.910.890.560.96-0.630.240.830.560.67-0.220.660.50.990.940.760.990.85
0.860.810.90.890.320.840.850.710.820.780.740.81-0.720.650.560.740.55-0.140.770.50.770.860.820.820.71
0.980.930.90.960.250.960.90.870.970.970.690.96-0.650.490.630.690.76-0.260.740.550.930.930.880.960.86
0.970.880.890.960.420.950.950.820.90.910.610.95-0.510.570.650.610.76-0.280.90.480.890.960.910.920.86
0.370.340.320.250.420.430.610.420.250.17-0.150.38-0.090.340.7-0.150.120.180.520.20.350.480.490.320.25
0.990.980.840.960.950.430.940.960.940.920.520.99-0.550.40.80.520.74-0.250.770.550.980.970.850.990.89
0.930.850.850.90.950.610.940.840.880.850.450.92-0.470.60.750.450.72-0.230.830.60.860.940.920.890.83
0.920.980.710.870.820.420.960.840.870.840.360.94-0.510.170.870.360.64-0.210.610.530.970.920.720.960.84
0.950.910.820.970.90.250.940.880.870.970.590.94-0.610.460.630.590.79-0.270.620.630.920.880.850.950.85
0.940.890.780.970.910.170.920.850.840.970.610.94-0.570.40.570.610.81-0.30.670.520.90.880.860.940.85
0.60.560.740.690.61-0.150.520.450.360.590.610.51-0.740.360.211.00.44-0.130.50.080.520.50.520.570.46
0.990.960.810.960.950.380.990.920.940.940.940.51-0.490.40.750.510.78-0.310.770.550.980.950.820.990.91
-0.56-0.63-0.72-0.65-0.51-0.09-0.55-0.47-0.51-0.61-0.57-0.74-0.49-0.2-0.43-0.74-0.14-0.33-0.31-0.16-0.53-0.55-0.58-0.57-0.27
0.430.240.650.490.570.340.40.60.170.460.40.360.4-0.20.050.360.37-0.10.560.40.250.40.60.320.36
0.740.830.560.630.650.70.80.750.870.630.570.210.75-0.430.050.210.45-0.090.540.370.810.780.60.770.66
0.60.560.740.690.61-0.150.520.450.360.590.611.00.51-0.740.360.210.44-0.130.50.080.520.50.520.570.46
0.760.670.550.760.760.120.740.720.640.790.810.440.78-0.140.370.450.44-0.760.560.630.720.680.690.740.93
-0.28-0.22-0.14-0.26-0.280.18-0.25-0.23-0.21-0.27-0.3-0.13-0.31-0.33-0.1-0.09-0.13-0.76-0.21-0.48-0.28-0.23-0.16-0.28-0.67
0.80.660.770.740.90.520.770.830.610.620.670.50.77-0.310.560.540.50.56-0.210.220.690.840.770.720.69
0.520.50.50.550.480.20.550.60.530.630.520.080.55-0.160.40.370.080.63-0.480.220.50.50.490.520.65
0.970.990.770.930.890.350.980.860.970.920.90.520.98-0.530.250.810.520.72-0.280.690.50.930.740.990.89
0.970.940.860.930.960.480.970.940.920.880.880.50.95-0.550.40.780.50.68-0.230.840.50.930.880.950.86
0.850.760.820.880.910.490.850.920.720.850.860.520.82-0.580.60.60.520.69-0.160.770.490.740.880.790.72
0.990.990.820.960.920.320.990.890.960.950.940.570.99-0.570.320.770.570.74-0.280.720.520.990.950.790.89
0.90.850.710.860.860.250.890.830.840.850.850.460.91-0.270.360.660.460.93-0.670.690.650.890.860.720.89
Click cells to compare fundamentals

Duluth Holdings Account Relationship Matchups

Duluth Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets474.1M515.6M515.6M527.5M556.5M350.5M
Short Long Term Debt Total223.5M237.4M190.2M199.9M186.2M114.9M
Other Current Liab22.9M35.3M43.5M32.3M21.4M24.2M
Total Current Liabilities78.8M95.7M116.0M118.3M102.4M72.2M
Total Stockholder Equity178.3M193.5M225.9M230.4M225.2M161.7M
Other Liab8.5M8.2M2.9M1.2M1.4M1.4M
Property Plant And Equipment Net304.2M295.2M281.1M287.3M294.5M184.3M
Current Deferred Revenue9.9M9.9M10.8M10.2M9.6M8.3M
Net Debt223.0M190.1M113.2M154.3M154.1M86.5M
Retained Earnings87.6M101.2M130.9M133.2M123.8M78.9M
Accounts Payable33.1M33.6M45.4M56.5M51.1M30.6M
Cash538K47.2M77.1M45.5M32.2M28.3M
Non Current Assets Total311.9M305.3M293.0M301.6M378.9M199.2M
Non Currrent Assets Other(4.8M)(53.7M)(53.8M)(54.7M)11.5M12.1M
Other Assets562K540K5.4M1.7M2.0M2.1M
Long Term Debt67.1M73.0M26.6M25.9M25.1M27.8M
Cash And Short Term Investments538K47.2M77.1M45.5M32.2M28.3M
Net Receivables3.1M2.8M5.5M6.0M9.4M9.8M
Common Stock Total Equity88.0M89.8M90.9M92.9M106.8M73.6M
Common Stock Shares Outstanding32.4M32.6M32.9M33.0M33.0M34.9M
Liabilities And Stockholders Equity474.1M515.6M515.6M527.5M556.5M350.5M
Non Current Liabilities Total219.2M228.8M176.8M182.0M231.9M117.1M
Inventory147.8M149.1M122.7M154.9M125.8M108.5M
Other Current Assets10.7M11.2M15.1M19.4M10.4M11.0M
Total Liab297.9M324.5M292.8M300.3M334.3M189.3M
Property Plant And Equipment Gross304.2M295.2M281.1M287.3M435.0M456.8M
Total Current Assets162.2M210.3M222.5M225.9M177.6M151.3M
Short Term Debt12.8M16.8M16.3M19.2M20.4M21.4M
Intangible Assets283K264K246K450K436K290.5K
Common Stock90.9M92.9M95.5M98.8M103.6M83.3M
Property Plant Equipment304.2M295.2M281.1M108.3M124.6M150.6M
Net Tangible Assets177.6M190.0M225.9M230.4M265.0M165.6M
Other Stockholder Equity(407K)(628K)(1.0M)(1.5M)(1.7M)(1.7M)
Short Long Term Debt557K3.1M693K768K847K980.0K
Long Term Debt Total104.5M73.0M26.6M25.9M29.8M45.9M
Treasury Stock(407K)(628K)(1.0M)(1.5M)(1.3M)(1.2M)
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Duluth Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Duluth Holdings' short interest history, or implied volatility extrapolated from Duluth Holdings options trading.

Pair Trading with Duluth Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Duluth Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Duluth Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Duluth Stock

  0.82BQ Boqii Holding LimitedPairCorr

Moving against Duluth Stock

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  0.5DIBS 1StdibsCom Financial Report 8th of May 2024 PairCorr
The ability to find closely correlated positions to Duluth Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Duluth Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Duluth Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Duluth Holdings to buy it.
The correlation of Duluth Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Duluth Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Duluth Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Duluth Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Duluth Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Duluth 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 Duluth Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Duluth Holdings Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duluth Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Duluth Stock please use our How to Invest in Duluth Holdings guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Duluth Holdings' price analysis, check to measure Duluth Holdings' 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 Duluth Holdings is operating at the current time. Most of Duluth Holdings' value examination focuses on studying past and present price action to predict the probability of Duluth Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Duluth Holdings' price. Additionally, you may evaluate how the addition of Duluth Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Duluth Holdings' industry 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 Duluth Holdings. If investors know Duluth 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 Duluth 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
(0.07)
Earnings Share
(0.28)
Revenue Per Share
19.623
Quarterly Revenue Growth
0.016
Return On Assets
(0.01)
The market value of Duluth Holdings is measured differently than its book value, which is the value of Duluth that is recorded on the company's balance sheet. Investors also form their own opinion of Duluth Holdings' value that differs from its market value or its book value, called intrinsic value, which is Duluth 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 Duluth Holdings' market value can be influenced by many factors that don't directly affect Duluth 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 Duluth Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Duluth Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Duluth 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.