Stitch Inventory vs Property Plant And Equipment Gross Analysis

SFIX Stock  USD 4.76  0.10  2.15%   
Stitch Fix financial indicator trend analysis is much more than just breaking down Stitch Fix prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stitch Fix is a good investment. Please check the relationship between Stitch Fix Inventory and its Property Plant And Equipment Gross accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stitch Fix. 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 Stitch Stock please use our How to Invest in Stitch Fix guide.

Inventory vs Property Plant And Equipment Gross

Inventory vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stitch Fix Inventory account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Stitch Fix's Inventory and Property Plant And Equipment Gross is 0.8. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Stitch Fix, assuming nothing else is changed. The correlation between historical values of Stitch Fix's Inventory and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Stitch Fix are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Inventory i.e., Stitch Fix's Inventory and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory

Property Plant And Equipment Gross

Most indicators from Stitch Fix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stitch Fix 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Stitch Fix. 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 Stitch Stock please use our How to Invest in Stitch Fix guide.Enterprise Value is likely to rise to about 5.7 B in 2024, despite the fact that Tax Provision is likely to grow to (1.6 M).
 2021 2022 2023 2024 (projected)
Interest Expense930K379K341.1K324.0K
Depreciation And Amortization37.2M43.3M44.5M26.1M

Stitch Fix fundamental ratios Correlations

0.810.930.95-0.180.960.910.980.4-0.330.870.510.940.29-0.240.860.660.820.90.860.940.940.830.940.820.98
0.810.850.62-0.60.670.940.80.7-0.520.650.250.890.23-0.430.530.770.580.960.80.810.640.80.910.910.7
0.930.850.79-0.360.830.930.910.47-0.540.940.480.90.3-0.280.760.80.70.920.910.930.790.90.980.890.9
0.950.620.790.080.980.740.940.2-0.10.750.540.840.27-0.110.880.460.830.730.730.860.980.670.780.620.96
-0.18-0.6-0.360.080.0-0.51-0.19-0.640.74-0.220.07-0.33-0.20.430.1-0.540.09-0.51-0.49-0.310.12-0.45-0.44-0.59-0.06
0.960.670.830.980.00.770.930.21-0.240.790.590.830.21-0.210.920.570.850.770.820.860.950.780.820.730.98
0.910.940.930.74-0.510.770.880.67-0.460.820.310.970.35-0.320.620.740.670.990.840.910.750.830.980.910.81
0.980.80.910.94-0.190.930.880.42-0.290.810.440.930.39-0.120.780.650.780.860.840.980.920.780.910.780.95
0.40.70.470.2-0.640.210.670.42-0.320.28-0.470.650.31-0.23-0.050.570.430.670.40.50.240.350.570.640.21
-0.33-0.52-0.54-0.10.74-0.24-0.46-0.29-0.32-0.48-0.33-0.290.220.71-0.33-0.81-0.16-0.5-0.74-0.34-0.08-0.72-0.53-0.67-0.33
0.870.650.940.75-0.220.790.820.810.28-0.480.570.780.27-0.20.780.660.640.80.830.840.740.840.90.770.87
0.510.250.480.540.070.590.310.44-0.47-0.330.570.26-0.13-0.290.80.230.180.330.550.380.50.580.420.320.65
0.940.890.90.84-0.330.830.970.930.65-0.290.780.260.37-0.230.660.650.780.950.780.930.860.740.940.840.85
0.290.230.30.27-0.20.210.350.390.310.220.27-0.130.370.7-0.07-0.090.030.250.130.510.180.070.280.210.22
-0.24-0.43-0.28-0.110.43-0.21-0.32-0.12-0.230.71-0.2-0.29-0.230.7-0.37-0.6-0.28-0.42-0.5-0.06-0.15-0.51-0.35-0.48-0.23
0.860.530.760.880.10.920.620.78-0.05-0.330.780.80.66-0.07-0.370.540.740.650.780.690.870.790.730.630.93
0.660.770.80.46-0.540.570.740.650.57-0.810.660.230.65-0.09-0.60.540.620.760.870.670.470.870.80.870.63
0.820.580.70.830.090.850.670.780.43-0.160.640.180.780.03-0.280.740.620.70.660.70.860.630.710.670.8
0.90.960.920.73-0.510.770.990.860.67-0.50.80.330.950.25-0.420.650.760.70.850.870.740.850.970.930.81
0.860.80.910.73-0.490.820.840.840.4-0.740.830.550.780.13-0.50.780.870.660.850.840.70.950.90.910.86
0.940.810.930.86-0.310.860.910.980.5-0.340.840.380.930.51-0.060.690.670.70.870.840.830.780.920.80.9
0.940.640.790.980.120.950.750.920.24-0.080.740.50.860.18-0.150.870.470.860.740.70.830.640.780.610.94
0.830.80.90.67-0.450.780.830.780.35-0.720.840.580.740.07-0.510.790.870.630.850.950.780.640.90.930.83
0.940.910.980.78-0.440.820.980.910.57-0.530.90.420.940.28-0.350.730.80.710.970.90.920.780.90.930.88
0.820.910.890.62-0.590.730.910.780.64-0.670.770.320.840.21-0.480.630.870.670.930.910.80.610.930.930.76
0.980.70.90.96-0.060.980.810.950.21-0.330.870.650.850.22-0.230.930.630.80.810.860.90.940.830.880.76
Click cells to compare fundamentals

Stitch Fix Account Relationship Matchups

Stitch Fix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets769.4M819.1M764.5M614.5M486.9M611.2M
Other Current Liab89.6M89.9M72.0M83.2M63.6M57.3M
Total Current Liabilities212.2M228.3M295.6M238.1M203.6M210.4M
Total Stockholder Equity401.0M460.8M322.7M247.3M187.0M308.8M
Other Liab16.1M8.4M5.0M3.6M3.3M3.1M
Net Tangible Assets401.0M460.8M322.7M247.3M284.4M310.0M
Property Plant And Equipment Net203.0M205.5M235.6M185.9M115.3M132.0M
Current Deferred Revenue13.1M18.2M14.4M11.6M9.2M12.1M
Net Debt21.1M17.5M39.4M(84.7M)(45.4M)(47.6M)
Retained Earnings49.6M40.7M(166.4M)(338.4M)(467.3M)(443.9M)
Accounts Payable85.2M73.5M143.9M99.3M80.5M89.7M
Cash143.5M129.8M130.9M239.4M162.9M180.5M
Non Current Assets Total303.1M297.3M287.3M189.0M120.2M183.1M
Non Currrent Assets Other4.7M32.8M34.0M3.2M4.9M4.6M
Other Assets5.0M32.8M34.0M3.2M2.8M2.7M
Cash And Short Term Investments286.5M231.3M213.0M257.6M247.0M250.5M
Common Stock Shares Outstanding102.4M106.0M108.8M114.7M120.2M113.0M
Short Term Investments143.0M101.5M82.0M18.2M84.1M70.2M
Liabilities And Stockholders Equity769.4M819.1M764.5M614.5M486.9M611.2M
Non Current Liabilities Total156.2M130.0M146.3M129.1M96.3M92.1M
Capital Surpluse235.3M279.5M348.8M522.7M601.1M631.1M
Inventory124.8M212.3M197.3M137.2M97.9M132.6M
Other Current Assets55.0M50.5M39.5M30.7M21.8M38.3M
Other Stockholder Equity348.8M416.8M492.6M585.2M654.6M374.7M
Total Liab368.4M358.3M441.9M367.2M299.8M302.5M
Property Plant And Equipment Gross203.0M205.5M235.6M185.9M271.0M151.0M
Total Current Assets466.3M521.8M477.3M425.5M366.7M428.1M
Accumulated Other Comprehensive Income2.7M3.4M(3.5M)527K(335K)(351.8K)
Non Current Liabilities Other16.1M8.4M146.3M3.6M606K575.7K
Short Term Debt24.3M10.0M58.0M18.8M43.6M30.6M
Property Plant Equipment203.0M205.5M103.4M185.9M213.7M114.5M
Net Invested Capital401.0M460.8M322.7M247.3M187.0M328.9M
Net Working Capital254.2M293.5M181.7M187.4M163.2M171.8M
Net Receivables22.3M27.7M27.6M673K600K570K

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 Stitch Stock Analysis

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