PetMed Net Working Capital vs Net Debt 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 Net Working Capital and its Net Debt 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.
Net Working Capital vs Net Debt
Net Working Capital vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PetMed Express Net Working Capital account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between PetMed Express' Net Working Capital and Net Debt is -0.81. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Net Debt 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' Net Working Capital and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of PetMed Express are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Working Capital i.e., PetMed Express' Net Working Capital and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Working Capital
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 Profit | 78.1M | 71.0M | 81.7M | 71.6M | Total Revenue | 273.4M | 256.9M | 295.4M | 210.1M |
PetMed Express fundamental ratios Correlations
Click cells to compare fundamentals
PetMed Express Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PetMed Express fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 155.3M | 187.5M | 176.3M | 164.1M | 188.7M | 198.2M | |
Other Current Liab | 4.7M | 5.4M | 5.7M | 11.3M | 13.0M | 13.6M | |
Total Current Liabilities | 24.3M | 44.9M | 33.2M | 36.5M | 42.0M | 44.1M | |
Total Stockholder Equity | 130.0M | 141.3M | 142.2M | 123.8M | 142.4M | 79.3M | |
Property Plant And Equipment Net | 25.4M | 25.5M | 24.5M | 26.2M | 30.1M | 31.6M | |
Net Debt | (103.8M) | (118.7M) | (111.1M) | (104.1M) | (93.7M) | (89.0M) | |
Retained Earnings | 126.2M | 134.1M | 130.5M | 105.5M | 121.3M | 71.7M | |
Accounts Payable | 19.7M | 39.5M | 27.5M | 25.2M | 29.0M | 30.4M | |
Cash | 103.8M | 118.7M | 111.1M | 104.1M | 119.7M | 125.7M | |
Non Current Assets Total | 26.3M | 26.3M | 25.3M | 32.7M | 37.6M | 39.4M | |
Non Currrent Assets Other | (26.3M) | (26.3M) | (25.3M) | 5.9M | 5.3M | 5.5M | |
Cash And Short Term Investments | 103.8M | 118.7M | 111.1M | 104.1M | 119.7M | 125.7M | |
Net Receivables | 3.8M | 2.6M | 1.9M | 1.7M | 2.0M | 1.9M | |
Common Stock Shares Outstanding | 20.1M | 20.1M | 20.4M | 20.3M | 23.4M | 22.4M | |
Liabilities And Stockholders Equity | 155.3M | 187.5M | 176.3M | 164.1M | 188.7M | 198.2M | |
Non Current Liabilities Total | 970K | 1.3M | 936K | 3.8M | 3.4M | 3.6M | |
Inventory | 17.9M | 34.4M | 32.5M | 19.0M | 21.9M | 21.7M | |
Other Current Assets | 3.5M | 4.5M | 5.5M | 4.7M | 5.4M | 5.7M | |
Other Stockholder Equity | 3.8M | 7.1M | 11.7M | 18.3M | 21.0M | 22.1M | |
Total Liab | 25.3M | 46.2M | 34.1M | 40.3M | 46.4M | 48.7M | |
Property Plant And Equipment Gross | 25.4M | 25.5M | 24.5M | 26.2M | 30.1M | 31.6M | |
Total Current Assets | 129.0M | 161.2M | 151.0M | 131.5M | 151.2M | 78.0M | |
Property Plant Equipment | 25.4M | 25.5M | 24.5M | 26.2M | 30.1M | 31.6M | |
Net Tangible Assets | 130.0M | 141.3M | 141.3M | 123.8M | 142.4M | 114.5M | |
Retained Earnings Total Equity | 126.2M | 134.1M | 130.5M | 105.5M | 121.3M | 107.8M | |
Capital Surpluse | 3.8M | 7.1M | 11.7M | 18.3M | 21.0M | 22.1M | |
Other Liab | 1.1M | 970K | 1.3M | 936K | 842.4K | 852.3K | |
Net Invested Capital | 130.0M | 141.3M | 142.2M | 123.8M | 142.4M | 144.4M | |
Net Working Capital | 104.7M | 116.3M | 117.8M | 95.0M | 109.2M | 115.2M |
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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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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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.