PetMed Deferred Long Term Liab vs Net Invested Capital Analysis

PETS Stock  USD 4.05  0.07  1.76%   
PetMed Express financial indicator trend analysis is much more than just breaking down PetMed Express prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PetMed Express is a good investment. Please check the relationship between PetMed Express Deferred Long Term Liab and its Net Invested Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PetMed Express. 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 information on how to buy PetMed Stock please use our How to Invest in PetMed Express guide.

Deferred Long Term Liab vs Net Invested Capital

Deferred Long Term Liab vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PetMed Express Deferred Long Term Liab account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between PetMed Express' Deferred Long Term Liab and Net Invested Capital is 0.76. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of PetMed Express, assuming nothing else is changed. The correlation between historical values of PetMed Express' Deferred Long Term Liab and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of PetMed Express are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Deferred Long Term Liab i.e., PetMed Express' Deferred Long Term Liab and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from PetMed Express' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PetMed Express 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 PetMed Express. 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 information on how to buy PetMed Stock please use our How to Invest in PetMed Express guide.At this time, PetMed Express' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 100.56 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.15 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit78.1M71.0M81.7M71.6M
Total Revenue273.4M256.9M295.4M210.1M

PetMed Express fundamental ratios Correlations

-0.60.760.920.860.81-0.940.840.920.980.84-0.350.990.630.720.690.080.290.770.630.910.810.86-0.610.72-0.48
-0.6-0.31-0.36-0.68-0.350.49-0.72-0.36-0.46-0.360.12-0.53-0.64-0.96-0.970.03-0.73-0.35-0.26-0.32-0.35-0.641.0-0.960.1
0.76-0.310.850.440.58-0.590.370.740.740.70.220.750.170.510.490.360.010.840.660.880.580.48-0.320.51-0.76
0.92-0.360.850.690.74-0.850.640.980.920.79-0.220.920.40.510.470.130.160.850.571.00.740.74-0.360.51-0.56
0.86-0.680.440.690.7-0.910.990.740.840.68-0.530.850.750.730.69-0.070.40.540.440.660.70.98-0.680.73-0.02
0.81-0.350.580.740.7-0.810.650.750.840.98-0.240.780.50.490.430.14-0.080.460.740.741.00.6-0.350.49-0.38
-0.940.49-0.59-0.85-0.91-0.81-0.89-0.89-0.97-0.80.54-0.96-0.69-0.57-0.530.0-0.18-0.66-0.54-0.83-0.81-0.90.49-0.570.22
0.84-0.720.370.640.990.65-0.890.710.80.61-0.580.820.80.740.71-0.130.470.50.350.60.650.97-0.720.740.03
0.92-0.360.740.980.740.75-0.890.710.930.77-0.370.920.470.490.450.030.220.790.50.970.750.79-0.370.49-0.44
0.98-0.460.740.920.840.84-0.970.80.930.85-0.410.990.610.590.550.090.120.740.640.910.840.83-0.460.59-0.46
0.84-0.360.70.790.680.98-0.80.610.770.85-0.130.80.450.530.470.22-0.090.540.80.80.980.59-0.360.53-0.5
-0.350.120.22-0.22-0.53-0.240.54-0.58-0.37-0.41-0.13-0.4-0.6-0.03-0.030.41-0.2-0.140.12-0.18-0.24-0.540.12-0.03-0.33
0.99-0.530.750.920.850.78-0.960.820.920.990.8-0.40.640.650.620.070.210.760.60.910.780.86-0.530.65-0.47
0.63-0.640.170.40.750.5-0.690.80.470.610.45-0.60.640.590.59-0.150.30.250.070.360.50.7-0.640.590.02
0.72-0.960.510.510.730.49-0.570.740.490.590.53-0.030.650.590.990.060.630.470.460.480.490.69-0.961.0-0.3
0.69-0.970.490.470.690.43-0.530.710.450.550.47-0.030.620.590.990.060.660.460.410.450.430.65-0.970.99-0.31
0.080.030.360.13-0.070.140.0-0.130.030.090.220.410.07-0.150.060.06-0.280.190.320.150.14-0.10.020.06-0.34
0.29-0.730.010.160.4-0.08-0.180.470.220.12-0.09-0.20.210.30.630.66-0.280.27-0.140.11-0.080.45-0.730.630.1
0.77-0.350.840.850.540.46-0.660.50.790.740.54-0.140.760.250.470.460.190.270.420.850.460.62-0.360.47-0.56
0.63-0.260.660.570.440.74-0.540.350.50.640.80.120.60.070.460.410.32-0.140.420.60.740.36-0.270.46-0.57
0.91-0.320.881.00.660.74-0.830.60.970.910.8-0.180.910.360.480.450.150.110.850.60.740.71-0.320.48-0.59
0.81-0.350.580.740.71.0-0.810.650.750.840.98-0.240.780.50.490.430.14-0.080.460.740.740.6-0.350.49-0.38
0.86-0.640.480.740.980.6-0.90.970.790.830.59-0.540.860.70.690.65-0.10.450.620.360.710.6-0.640.69-0.02
-0.611.0-0.32-0.36-0.68-0.350.49-0.72-0.37-0.46-0.360.12-0.53-0.64-0.96-0.970.02-0.73-0.36-0.27-0.32-0.35-0.64-0.960.11
0.72-0.960.510.510.730.49-0.570.740.490.590.53-0.030.650.591.00.990.060.630.470.460.480.490.69-0.96-0.3
-0.480.1-0.76-0.56-0.02-0.380.220.03-0.44-0.46-0.5-0.33-0.470.02-0.3-0.31-0.340.1-0.56-0.57-0.59-0.38-0.020.11-0.3
Click cells to compare fundamentals

PetMed Express Account Relationship Matchups

PetMed Express fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets155.3M187.5M176.3M164.1M188.7M198.2M
Other Current Liab4.7M5.4M5.7M11.3M13.0M13.6M
Total Current Liabilities24.3M44.9M33.2M36.5M42.0M44.1M
Total Stockholder Equity130.0M141.3M142.2M123.8M142.4M79.3M
Property Plant And Equipment Net25.4M25.5M24.5M26.2M30.1M31.6M
Net Debt(103.8M)(118.7M)(111.1M)(104.1M)(93.7M)(89.0M)
Retained Earnings126.2M134.1M130.5M105.5M121.3M71.7M
Accounts Payable19.7M39.5M27.5M25.2M29.0M30.4M
Cash103.8M118.7M111.1M104.1M119.7M125.7M
Non Current Assets Total26.3M26.3M25.3M32.7M37.6M39.4M
Non Currrent Assets Other(26.3M)(26.3M)(25.3M)5.9M5.3M5.5M
Cash And Short Term Investments103.8M118.7M111.1M104.1M119.7M125.7M
Net Receivables3.8M2.6M1.9M1.7M2.0M1.9M
Common Stock Shares Outstanding20.1M20.1M20.4M20.3M23.4M22.4M
Liabilities And Stockholders Equity155.3M187.5M176.3M164.1M188.7M198.2M
Non Current Liabilities Total970K1.3M936K3.8M3.4M3.6M
Inventory17.9M34.4M32.5M19.0M21.9M21.7M
Other Current Assets3.5M4.5M5.5M4.7M5.4M5.7M
Other Stockholder Equity3.8M7.1M11.7M18.3M21.0M22.1M
Total Liab25.3M46.2M34.1M40.3M46.4M48.7M
Property Plant And Equipment Gross25.4M25.5M24.5M26.2M30.1M31.6M
Total Current Assets129.0M161.2M151.0M131.5M151.2M78.0M
Property Plant Equipment25.4M25.5M24.5M26.2M30.1M31.6M
Net Tangible Assets130.0M141.3M141.3M123.8M142.4M114.5M
Retained Earnings Total Equity126.2M134.1M130.5M105.5M121.3M107.8M
Capital Surpluse3.8M7.1M11.7M18.3M21.0M22.1M
Other Liab1.1M970K1.3M936K842.4K852.3K
Net Invested Capital130.0M141.3M142.2M123.8M142.4M144.4M
Net Working Capital104.7M116.3M117.8M95.0M109.2M115.2M
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 PetMed Express 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, PetMed Express' short interest history, or implied volatility extrapolated from PetMed Express options trading.

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When determining whether PetMed Express is a strong investment it is important to analyze PetMed Express' 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 PetMed Express' future performance. For an informed investment choice regarding PetMed Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PetMed Express. 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 information on how to buy PetMed Stock please use our How to Invest in PetMed Express guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running PetMed Express' price analysis, check to measure PetMed Express' 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 PetMed Express is operating at the current time. Most of PetMed Express' value examination focuses on studying past and present price action to predict the probability of PetMed Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PetMed Express' price. Additionally, you may evaluate how the addition of PetMed Express to your portfolios can decrease your overall portfolio volatility.
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Is PetMed Express' 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 PetMed Express. If investors know PetMed 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 PetMed Express 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
(0.59)
Dividend Share
0.9
Earnings Share
(0.37)
Revenue Per Share
13.599
Quarterly Revenue Growth
0.11
The market value of PetMed Express is measured differently than its book value, which is the value of PetMed that is recorded on the company's balance sheet. Investors also form their own opinion of PetMed Express' value that differs from its market value or its book value, called intrinsic value, which is PetMed Express' 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 PetMed Express' market value can be influenced by many factors that don't directly affect PetMed Express' 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 PetMed Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if PetMed Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PetMed Express' 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.