Solo Days Of Inventory On Hand vs Interest Coverage Analysis

DTC Stock

USD 1.24 0.02 1.59%

Solo Brands financial indicator trend analysis is much more than just breaking down Solo Brands prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solo Brands is a good investment. Please check the relationship between Solo Brands Days Of Inventory On Hand and its Interest Coverage accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Solo Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For information on how to trade Solo Stock refer to our How to Trade Solo Stock guide.

Days Of Inventory On Hand vs Interest Coverage

Days Of Inventory On Hand vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solo Brands Days Of Inventory On Hand account and Interest Coverage. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Solo Brands' Days Of Inventory On Hand and Interest Coverage is 0.81. Overlapping area represents the amount of variation of Days Of Inventory On Hand that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of Solo Brands, assuming nothing else is changed. The correlation between historical values of Solo Brands' Days Of Inventory On Hand and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Of Inventory On Hand of Solo Brands are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Days Of Inventory On Hand i.e., Solo Brands' Days Of Inventory On Hand and Interest Coverage go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Days Of Inventory On Hand

Interest Coverage

Most indicators from Solo Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solo Brands 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 Solo Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For information on how to trade Solo Stock refer to our How to Trade Solo Stock guide.At present, Solo Brands' Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.9 B, whereas Tax Provision is forecasted to decline to about 997.5 K.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	18.2M	24.6M	27.3M	16.9M
Interest Income	10.1M	6.3M	7.2M	5.5M

Depreciation And Amortization Interest Income

Solo Brands fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab
Total Assets		0.91	0.57	0.78	0.98	0.9	-0.99	0.63	0.61	0.86	-0.38	0.82	0.91	1.0	0.69	0.92	0.96	0.91	0.77	0.96	-0.73	0.98	0.97	0.93	0.88	0.99
Short Long Term Debt Total	0.91		0.51	0.73	0.82	0.94	-0.92	0.82	0.48	0.99	-0.65	0.92	0.78	0.87	0.62	0.97	0.99	0.78	0.9	0.76	-0.83	0.97	0.94	0.93	0.76	0.95
Other Current Liab	0.57	0.51		0.95	0.69	0.26	-0.54	0.32	0.98	0.42	-0.3	0.34	0.84	0.61	0.21	0.36	0.54	0.84	0.35	0.58	-0.3	0.54	0.4	0.31	0.18	0.64
Total Current Liabilities	0.78	0.73	0.95		0.85	0.53	-0.75	0.56	0.94	0.66	-0.47	0.61	0.94	0.8	0.45	0.62	0.76	0.94	0.61	0.75	-0.57	0.76	0.66	0.58	0.41	0.84
Total Stockholder Equity	0.98	0.82	0.69	0.85		0.79	-0.96	0.54	0.75	0.76	-0.3	0.72	0.97	0.99	0.61	0.82	0.9	0.97	0.67	0.98	-0.63	0.92	0.9	0.83	0.81	0.96
Other Liab	0.9	0.94	0.26	0.53	0.79		-0.91	0.69	0.27	0.95	-0.45	0.86	0.67	0.86	0.69	0.99	0.95	0.67	0.81	0.78	-0.78	0.95	0.98	0.98	0.89	0.9
Net Tangible Assets	-0.99	-0.92	-0.54	-0.75	-0.96	-0.91		-0.68	-0.57	-0.89	0.43	-0.85	-0.89	-0.98	-0.63	-0.93	-0.97	-0.89	-0.8	-0.95	0.72	-0.98	-0.98	-0.93	-0.9	-0.98
Property Plant And Equipment Net	0.63	0.82	0.32	0.56	0.54	0.69	-0.68		0.26	0.84	-0.94	0.95	0.52	0.58	0.51	0.73	0.77	0.52	0.98	0.45	-0.88	0.7	0.7	0.72	0.46	0.71
Current Deferred Revenue	0.61	0.48	0.98	0.94	0.75	0.27	-0.57	0.26		0.38	-0.2	0.32	0.87	0.66	0.29	0.36	0.53	0.87	0.31	0.66	-0.3	0.55	0.43	0.34	0.24	0.66
Net Debt	0.86	0.99	0.42	0.66	0.76	0.95	-0.89	0.84	0.38		-0.67	0.93	0.71	0.82	0.62	0.97	0.97	0.71	0.91	0.7	-0.84	0.94	0.93	0.93	0.74	0.91
Retained Earnings	-0.38	-0.65	-0.3	-0.47	-0.3	-0.45	0.43	-0.94	-0.2	-0.67		-0.8	-0.34	-0.33	-0.29	-0.5	-0.56	-0.34	-0.86	-0.17	0.74	-0.48	-0.44	-0.46	-0.16	-0.49
Accounts Payable	0.82	0.92	0.34	0.61	0.72	0.86	-0.85	0.95	0.32	0.93	-0.8		0.66	0.77	0.62	0.88	0.9	0.66	0.99	0.67	-0.9	0.86	0.87	0.88	0.7	0.85
Cash	0.91	0.78	0.84	0.94	0.97	0.67	-0.89	0.52	0.87	0.71	-0.34	0.66		0.94	0.49	0.72	0.85	1.0	0.63	0.92	-0.55	0.87	0.8	0.71	0.67	0.92
Non Current Assets Total	1.0	0.87	0.61	0.8	0.99	0.86	-0.98	0.58	0.66	0.82	-0.33	0.77	0.94		0.65	0.88	0.93	0.94	0.72	0.98	-0.68	0.96	0.95	0.89	0.87	0.97
Non Currrent Assets Other	0.69	0.62	0.21	0.45	0.61	0.69	-0.63	0.51	0.29	0.62	-0.29	0.62	0.49	0.65		0.73	0.63	0.49	0.61	0.59	-0.86	0.64	0.73	0.81	0.54	0.69
Other Assets	0.92	0.97	0.36	0.62	0.82	0.99	-0.93	0.73	0.36	0.97	-0.5	0.88	0.72	0.88	0.73		0.97	0.72	0.84	0.79	-0.83	0.97	0.98	0.99	0.85	0.93
Long Term Debt	0.96	0.99	0.54	0.76	0.9	0.95	-0.97	0.77	0.53	0.97	-0.56	0.9	0.85	0.93	0.63	0.97		0.85	0.87	0.85	-0.79	0.99	0.97	0.94	0.83	0.98
Cash And Short Term Investments	0.91	0.78	0.84	0.94	0.97	0.67	-0.89	0.52	0.87	0.71	-0.34	0.66	1.0	0.94	0.49	0.72	0.85		0.63	0.92	-0.55	0.87	0.8	0.71	0.67	0.92
Net Receivables	0.77	0.9	0.35	0.61	0.67	0.81	-0.8	0.98	0.31	0.91	-0.86	0.99	0.63	0.72	0.61	0.84	0.87	0.63		0.61	-0.91	0.82	0.83	0.84	0.62	0.82
Good Will	0.96	0.76	0.58	0.75	0.98	0.78	-0.95	0.45	0.66	0.7	-0.17	0.67	0.92	0.98	0.59	0.79	0.85	0.92	0.61		-0.56	0.89	0.89	0.82	0.88	0.91
Common Stock Shares Outstanding	-0.73	-0.83	-0.3	-0.57	-0.63	-0.78	0.72	-0.88	-0.3	-0.84	0.74	-0.9	-0.55	-0.68	-0.86	-0.83	-0.79	-0.55	-0.91	-0.56		-0.76	-0.8	-0.86	-0.53	-0.78
Long Term Debt Total	0.98	0.97	0.54	0.76	0.92	0.95	-0.98	0.7	0.55	0.94	-0.48	0.86	0.87	0.96	0.64	0.97	0.99	0.87	0.82	0.89	-0.76		0.98	0.94	0.86	0.98
Non Current Liabilities Total	0.97	0.94	0.4	0.66	0.9	0.98	-0.98	0.7	0.43	0.93	-0.44	0.87	0.8	0.95	0.73	0.98	0.97	0.8	0.83	0.89	-0.8	0.98		0.99	0.91	0.96
Inventory	0.93	0.93	0.31	0.58	0.83	0.98	-0.93	0.72	0.34	0.93	-0.46	0.88	0.71	0.89	0.81	0.99	0.94	0.71	0.84	0.82	-0.86	0.94	0.99		0.87	0.92
Other Current Assets	0.88	0.76	0.18	0.41	0.81	0.89	-0.9	0.46	0.24	0.74	-0.16	0.7	0.67	0.87	0.54	0.85	0.83	0.67	0.62	0.88	-0.53	0.86	0.91	0.87		0.81
Total Liab	0.99	0.95	0.64	0.84	0.96	0.9	-0.98	0.71	0.66	0.91	-0.49	0.85	0.92	0.97	0.69	0.93	0.98	0.92	0.82	0.91	-0.78	0.98	0.96	0.92	0.81

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Solo Brands Account Relationship Matchups

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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.

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When determining whether Solo Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Solo 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 Solo Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Solo Brands Stock:

How To Invest In Solo

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Is Solo Stock a good investment?

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What is Solo Brands' Net Worth?

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Largest Leisure Products Companies

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Largest Consumer Durables & Apparel Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Solo Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For information on how to trade Solo Stock refer to our How to Trade Solo Stock guide.

You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Is Leisure Products 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 Solo Brands. If investors know Solo 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 Solo 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

(0.98)

Earnings Share

(3.35)

Revenue Per Share

8.184

Quarterly Revenue Growth

(0.15)

Return On Assets

(0.03)

The market value of Solo Brands is measured differently than its book value, which is the value of Solo that is recorded on the company's balance sheet. Investors also form their own opinion of Solo Brands' value that differs from its market value or its book value, called intrinsic value, which is Solo 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 Solo Brands' market value can be influenced by many factors that don't directly affect Solo 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 Solo Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Solo Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solo 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.

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Solo Days Of Inventory On Hand vs Interest Coverage Analysis

Days Of Inventory On Hand vs Interest Coverage

Days Of Inventory On Hand vs Interest Coverage Correlation Analysis

Correlation Coefficient

Days Of Inventory On Hand

Interest Coverage

Solo Brands fundamental ratios Correlations

Solo Brands Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Long Term Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Total Stockholder Equity

Net Tangible Assets	- 0.99	Total Assets
Total Liab	- 0.98	Net Tangible Assets
Non Current Liabilities Total	- 0.98	Net Tangible Assets
Long Term Debt Total	- 0.98	Net Tangible Assets
Non Current Assets Total	- 0.98	Net Tangible Assets
Long Term Debt	- 0.97	Net Tangible Assets