Arhaus Depreciation vs Change To Inventory Analysis
ARHS Stock | USD 11.13 0.11 1.00% |
Arhaus financial indicator trend analysis is way more than just evaluating Arhaus Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arhaus Inc is a good investment. Please check the relationship between Arhaus Depreciation and its Change To Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arhaus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Depreciation vs Change To Inventory
Depreciation vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arhaus Inc Depreciation account and Change To Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Arhaus' Depreciation and Change To Inventory is -0.01. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Arhaus Inc, assuming nothing else is changed. The correlation between historical values of Arhaus' Depreciation and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Arhaus Inc are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Depreciation i.e., Arhaus' Depreciation and Change To Inventory go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation
Depreciation indicates how much of Arhaus Inc value has been used up. For tax purposes Arhaus can deduct the cost of the tangible assets it purchases as business expenses. However, Arhaus Inc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Most indicators from Arhaus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arhaus Inc 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 Arhaus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. Tax Provision is likely to gain to about 45.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 273 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.4M | 3.4M | 5.4M | 6.4M | Depreciation And Amortization | 23.9M | 54.0M | 62.7M | 38.2M |
Arhaus fundamental ratios Correlations
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Arhaus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Arhaus Stock Analysis
When running Arhaus' price analysis, check to measure Arhaus' 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 Arhaus is operating at the current time. Most of Arhaus' value examination focuses on studying past and present price action to predict the probability of Arhaus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arhaus' price. Additionally, you may evaluate how the addition of Arhaus to your portfolios can decrease your overall portfolio volatility.