Pets Non Current Liabilities Total vs Total Current Assets Analysis

PETS Stock   232.20  0.60  0.26%   
Pets At financial indicator trend analysis is much more than just breaking down Pets at Home prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pets at Home is a good investment. Please check the relationship between Pets At Non Current Liabilities Total and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pets at Home. 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.

Non Current Liabilities Total vs Total Current Assets

Non Current Liabilities Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pets at Home Non Current Liabilities Total account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Pets At's Non Current Liabilities Total and Total Current Assets is 0.51. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Pets at Home, assuming nothing else is changed. The correlation between historical values of Pets At's Non Current Liabilities Total and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Pets at Home are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Liabilities Total i.e., Pets At's Non Current Liabilities Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Liabilities Total

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Pets At's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pets at Home 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 Pets at Home. 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.
Selling General Administrative is likely to drop to about 78.2 M in 2024. Tax Provision is likely to drop to about 23.5 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense14.6M17M17.6M15.2M
Depreciation And Amortization103.9M102.3M109.6M58.7M

Pets At fundamental ratios Correlations

0.690.790.950.890.98-0.310.530.650.820.260.97-0.380.630.110.41-0.140.440.860.02-0.80.960.830.580.980.87
0.690.170.520.330.660.230.950.220.30.570.56-0.280.37-0.11-0.27-0.080.930.37-0.38-0.480.840.50.570.730.42
0.790.170.90.940.81-0.490.060.710.87-0.220.86-0.40.370.260.66-0.13-0.110.870.29-0.730.610.720.220.750.88
0.950.520.90.940.95-0.340.370.750.930.110.94-0.340.540.080.51-0.090.260.950.07-0.780.860.830.50.930.88
0.890.330.940.940.87-0.440.160.770.90.040.89-0.290.570.170.58-0.090.060.920.18-0.770.720.770.470.840.91
0.980.660.810.950.87-0.340.520.680.810.130.98-0.440.530.090.48-0.10.410.830.13-0.760.940.80.450.980.87
-0.310.23-0.49-0.34-0.44-0.340.41-0.49-0.370.16-0.390.35-0.48-0.03-0.82-0.260.31-0.3-0.40.48-0.19-0.08-0.04-0.21-0.47
0.530.950.060.370.160.520.410.090.150.390.43-0.30.05-0.1-0.43-0.080.920.2-0.35-0.310.70.360.340.590.28
0.650.220.710.750.770.68-0.490.090.710.070.62-0.320.42-0.440.460.560.170.710.09-0.650.510.30.40.550.73
0.820.30.870.930.90.81-0.370.150.710.040.82-0.170.50.130.54-0.080.060.950.11-0.680.690.770.470.760.76
0.260.57-0.220.110.040.130.160.390.070.040.030.260.65-0.36-0.360.110.630.15-0.72-0.30.370.170.890.220.04
0.970.560.860.940.890.98-0.390.430.620.820.03-0.460.520.240.56-0.20.280.830.22-0.760.910.820.380.960.89
-0.38-0.28-0.4-0.34-0.29-0.440.35-0.3-0.32-0.170.26-0.460.02-0.08-0.24-0.15-0.22-0.16-0.20.58-0.390.010.17-0.35-0.61
0.630.370.370.540.570.53-0.480.050.420.50.650.520.02-0.050.41-0.020.230.57-0.15-0.620.60.520.810.560.51
0.11-0.110.260.080.170.09-0.03-0.1-0.440.13-0.360.24-0.08-0.050.22-0.87-0.370.050.35-0.040.070.42-0.260.150.11
0.41-0.270.660.510.580.48-0.82-0.430.460.54-0.360.56-0.240.410.22-0.05-0.470.490.58-0.360.270.38-0.060.380.51
-0.14-0.08-0.13-0.09-0.09-0.1-0.26-0.080.56-0.080.11-0.2-0.15-0.02-0.87-0.050.2-0.11-0.11-0.08-0.15-0.570.06-0.24-0.01
0.440.93-0.110.260.060.410.310.920.170.060.630.28-0.220.23-0.37-0.470.20.11-0.48-0.320.630.160.510.460.19
0.860.370.870.950.920.83-0.30.20.710.950.150.83-0.160.570.050.49-0.110.110.02-0.70.730.820.570.820.82
0.02-0.380.290.070.180.13-0.4-0.350.090.11-0.720.22-0.2-0.150.350.58-0.11-0.480.020.2-0.090.01-0.580.030.19
-0.8-0.48-0.73-0.78-0.77-0.760.48-0.31-0.65-0.68-0.3-0.760.58-0.62-0.04-0.36-0.08-0.32-0.70.2-0.74-0.53-0.56-0.72-0.83
0.960.840.610.860.720.94-0.190.70.510.690.370.91-0.390.60.070.27-0.150.630.73-0.09-0.740.770.590.960.76
0.830.50.720.830.770.8-0.080.360.30.770.170.820.010.520.420.38-0.570.160.820.01-0.530.770.490.870.61
0.580.570.220.50.470.45-0.040.340.40.470.890.380.170.81-0.26-0.060.060.510.57-0.58-0.560.590.490.510.39
0.980.730.750.930.840.98-0.210.590.550.760.220.96-0.350.560.150.38-0.240.460.820.03-0.720.960.870.510.82
0.870.420.880.880.910.87-0.470.280.730.760.040.89-0.610.510.110.51-0.010.190.820.19-0.830.760.610.390.82
Click cells to compare fundamentals

Pets At Account Relationship Matchups

Pets At fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.7B1.8B1.8B1.7B1.5B
Short Long Term Debt Total627.4M508.4M479.9M541.9M426.3M423.8M
Other Current Liab91.8M108M112.8M113.6M119.6M79.0M
Total Current Liabilities286.9M296.6M309.6M353.6M341.2M222.7M
Total Stockholder Equity931M993.7M1.0B1.0B988.5M908.0M
Property Plant And Equipment Net542.3M468.3M449M506.5M477.4M265.3M
Current Deferred Revenue(77.1M)(59.3M)(69.1M)(80M)(600K)(630K)
Net Debt548.3M407M313.9M363.9M369.2M332.6M
Retained Earnings1.2B1.2B1.3B1.3B1.2B881.3M
Accounts Payable110.8M107.1M118.5M155.5M138.2M100.8M
Cash79.1M101.4M166M178M57.1M95.2M
Non Current Assets Total1.6B1.5B1.5B1.5B1.5B1.3B
Non Currrent Assets Other(1.6B)(1.4B)10.1M8.4M6.2M6.5M
Cash And Short Term Investments79.1M101.4M166M178M57.1M91.7M
Good Will981.2M958.4M959M959.2M959.4M1.1B
Liabilities And Stockholders Equity1.8B1.7B1.8B1.8B1.7B1.6B
Non Current Liabilities Total551M433.7M408.3M470.7M354.1M304.0M
Inventory62.8M83.7M84.5M108.6M97.5M67.3M
Other Current Assets40M44.3M5.5M5.4M36.4M32.7M
Other Stockholder Equity(1.5B)(1.2B)(1.7B)(1.7B)(518.3M)(544.2M)
Total Liab837.9M730.3M717.9M824.3M695.3M637.0M
Property Plant And Equipment Gross542.3M468.3M890.6M1.0B1.1B1.2B
Total Current Assets199.3M238.8M317.4M340.6M215.8M221.6M
Accumulated Other Comprehensive Income(261.8M)(350M)(368.6M)(373.5M)(372.3M)(353.7M)
Short Term Debt83.8M78.5M78.3M84.5M82M57.4M
Intangible Assets25.2M41.8M28.1M30.3M20.3M14.8M
Net Receivables17.4M50.5M61.4M48.6M24.8M33.9M
Short Term Investments(300K)(200K)(1.6M)2M6.2M6.5M
Other Liab51.5M41.6M5.1M6.7M6.0M5.7M
Net Tangible Assets(86.6M)(97.8M)(75.4M)62.6M72.0M75.6M
Long Term Debt163.3M98.7M96.9M119.3M43.3M41.1M
Short Long Term Debt194.6M124K0.01.2M2.2M2.1M
Property Plant Equipment129.9M123.7M542.3M449M516.4M542.2M
Other Assets19.7M18.1M19.1M11.2M12.9M17.2M
Capital Lease Obligations464.1M409.7M383M421.4M380.8M283.2M
Net Invested Capital1.1B1.1B1.1B1.1B1.0B879.5M
Net Working Capital(87.6M)(57.8M)7.8M(13M)(125.4M)(119.1M)

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.

Additional Tools for Pets Stock Analysis

When running Pets At's price analysis, check to measure Pets At's 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 Pets At is operating at the current time. Most of Pets At's value examination focuses on studying past and present price action to predict the probability of Pets At's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pets At's price. Additionally, you may evaluate how the addition of Pets At to your portfolios can decrease your overall portfolio volatility.