Kidpik Total Current Liabilities vs Asset Turnover Analysis
| PIK Stock | USD 2.27 0.05 2.25% |
Kidpik Corp financial indicator trend analysis is infinitely more than just investigating Kidpik Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kidpik Corp is a good investment. Please check the relationship between Kidpik Corp Total Current Liabilities and its Asset Turnover accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Kidpik Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Kidpik Stock please use our How to buy in Kidpik Stock guide.
Total Current Liabilities vs Asset Turnover
Total Current Liabilities vs Asset Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kidpik Corp Total Current Liabilities account and Asset Turnover. At this time, the significance of the direction appears to have very week relationship.
The correlation between Kidpik Corp's Total Current Liabilities and Asset Turnover is 0.27. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Kidpik Corp, assuming nothing else is changed. The correlation between historical values of Kidpik Corp's Total Current Liabilities and Asset Turnover 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 Kidpik Corp are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Current Liabilities i.e., Kidpik Corp's Total Current Liabilities and Asset Turnover go up and down completely randomly.
Correlation Coefficient | 0.27 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on Kidpik Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Kidpik Corp 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.Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Most indicators from Kidpik Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kidpik Corp 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 Kidpik Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Kidpik Stock please use our How to buy in Kidpik Stock guide.Tax Provision is expected to grow at the current pace this year. The value of Selling General Administrative is expected to slide to about 11.1 M
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 712.0K | 78.6K | 686.0 | 651.7 | Depreciation And Amortization | 26.9K | 27.9K | 525.4K | 551.7K |
Kidpik Corp fundamental ratios Correlations
Click cells to compare fundamentals
Kidpik Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Kidpik Corp. If investors know Kidpik 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 Kidpik Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.31) | Revenue Per Share 5.536 | Quarterly Revenue Growth (0.67) | Return On Assets (0.41) | Return On Equity (4.80) |
The market value of Kidpik Corp is measured differently than its book value, which is the value of Kidpik that is recorded on the company's balance sheet. Investors also form their own opinion of Kidpik Corp's value that differs from its market value or its book value, called intrinsic value, which is Kidpik Corp's 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 Kidpik Corp's market value can be influenced by many factors that don't directly affect Kidpik Corp's 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 Kidpik Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kidpik Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kidpik Corp's 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.