Pool Non Current Liabilities Total vs Asset Turnover Analysis
POOL Stock | USD 377.09 0.26 0.07% |
Pool financial indicator trend analysis is much more than just breaking down Pool prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pool is a good investment. Please check the relationship between Pool Non Current Liabilities Total and its Asset Turnover accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pool Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Non Current Liabilities Total vs Asset Turnover
Non Current Liabilities Total vs Asset Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pool Non Current Liabilities Total account and Asset Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Pool's Non Current Liabilities Total and Asset Turnover is -0.44. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Pool Corporation, assuming nothing else is changed. The correlation between historical values of Pool's Non Current Liabilities Total 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 Non Current Liabilities Total of Pool Corporation 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 Non Current Liabilities Total i.e., Pool's Non Current Liabilities Total and Asset Turnover go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Non Current Liabilities Total
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 Pool's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pool 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 Pool Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Pool's Selling General Administrative is quite stable compared to the past year. Enterprise Value is expected to rise to about 1.7 B this year, although the value of Tax Provision will most likely fall to about 126 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.6B | 1.9B | 1.7B | 1.7B | Total Revenue | 5.3B | 6.2B | 5.5B | 5.8B |
Pool fundamental ratios Correlations
Click cells to compare fundamentals
Pool Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pool Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Distributors 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 Pool. If investors know Pool 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 Pool 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 (0.07) | Dividend Share 4.6 | Earnings Share 11.65 | Revenue Per Share 139.547 | Quarterly Revenue Growth (0.03) |
The market value of Pool is measured differently than its book value, which is the value of Pool that is recorded on the company's balance sheet. Investors also form their own opinion of Pool's value that differs from its market value or its book value, called intrinsic value, which is Pool'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 Pool's market value can be influenced by many factors that don't directly affect Pool'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 Pool's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pool is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pool'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.