AKA Total Current Liabilities vs Current Deferred Revenue Analysis
| AKA Stock | USD 23.56 0.51 2.21% |
AKA Brands financial indicator trend analysis is way more than just evaluating AKA Brands Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AKA Brands Holding is a good investment. Please check the relationship between AKA Brands Total Current Liabilities and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AKA Brands Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Total Current Liabilities vs Current Deferred Revenue
Total Current Liabilities vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AKA Brands Holding Total Current Liabilities account and Current Deferred Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between AKA Brands' Total Current Liabilities and Current Deferred Revenue is 0.99. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of AKA Brands Holding, assuming nothing else is changed. The correlation between historical values of AKA Brands' Total Current Liabilities and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of AKA Brands Holding are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Liabilities i.e., AKA Brands' Total Current Liabilities and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on AKA Brands balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of AKA Brands Holding are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from AKA Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AKA Brands Holding 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AKA Brands Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. As of December 4, 2024, Tax Provision is expected to decline to about 1.1 M. In addition to that, Selling General Administrative is expected to decline to about 71 M
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 23.0M | 30.1M | 19.1M | 18.8M | Interest Income | 9.5M | 7.0M | 8.1M | 4.6M |
AKA Brands fundamental ratios Correlations
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AKA Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether AKA Brands Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AKA Brands' 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 Aka Brands Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aka Brands Holding Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AKA Brands Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. 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 AKA Brands. If investors know AKA 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 AKA Brands 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 (0.50) | Earnings Share (2.90) | Revenue Per Share 53.472 | Quarterly Revenue Growth 0.064 | Return On Assets (0.02) |
The market value of AKA Brands Holding is measured differently than its book value, which is the value of AKA that is recorded on the company's balance sheet. Investors also form their own opinion of AKA Brands' value that differs from its market value or its book value, called intrinsic value, which is AKA Brands' 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 AKA Brands' market value can be influenced by many factors that don't directly affect AKA Brands' 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 AKA Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if AKA Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AKA Brands' 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.