Pet Ev To Sales vs Capex To Depreciation Analysis
| PET Stock | 27.38 0.54 2.01% |
Pet Valu financial indicator trend analysis is much more than just breaking down Pet Valu Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pet Valu Holdings is a good investment. Please check the relationship between Pet Valu Ev To Sales and its Capex To Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pet Valu Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Ev To Sales vs Capex To Depreciation
Ev To Sales vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pet Valu Holdings Ev To Sales account and Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Pet Valu's Ev To Sales and Capex To Depreciation is -0.2. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Pet Valu Holdings, assuming nothing else is changed. The correlation between historical values of Pet Valu's Ev To Sales and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of Pet Valu Holdings are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Ev To Sales i.e., Pet Valu's Ev To Sales and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -0.2 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from Pet Valu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pet Valu Holdings 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 Pet Valu Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of the 2nd of December 2024, Tax Provision is likely to drop to about 23.1 M. In addition to that, Selling General Administrative is likely to drop to about 110.3 M
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 33.7M | 38.1M | 50.7M | 40.9M | Interest Income | 1.4M | 21.6M | 10.9M | 9.5M |
Pet Valu fundamental ratios Correlations
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Pet Valu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Other Information on Investing in Pet Stock
Balance Sheet is a snapshot of the financial position of Pet Valu Holdings at a specified time, usually calculated after every quarter, six months, or one year. Pet Valu Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Pet Valu and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Pet currently owns. An asset can also be divided into two categories, current and non-current.