Pet Cash vs Cash And Short Term Investments Analysis
| PET Stock | 26.29 0.06 0.23% |
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 Cash and its Cash And Short Term Investments 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.
Cash vs Cash And Short Term Investments
Cash vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pet Valu Holdings Cash account and Cash And Short Term Investments. At this time, the significance of the direction appears to have totally related.
The correlation between Pet Valu's Cash and Cash And Short Term Investments is 1.0. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Cash And Short Term Investments 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 Cash and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Pet Valu Holdings are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Cash i.e., Pet Valu's Cash and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of Pet Valu Holdings, which is listed under current asset account on Pet Valu Holdings balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Pet Valu customers. The amounts must be unrestricted with restricted cash listed in a different Pet Valu account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Pet Valu Holdings balance sheet. This account contains Pet Valu investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Pet Valu Holdings fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 10th 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.