Pet Good Will vs Retained Earnings 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 Good Will and its Retained Earnings 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.

Good Will vs Retained Earnings

Good Will vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pet Valu Holdings Good Will account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Pet Valu's Good Will and Retained Earnings is 0.83. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Retained Earnings 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 Good Will and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Pet Valu Holdings are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Good Will i.e., Pet Valu's Good Will and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

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Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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

Depreciation And Amortization Interest Income

Pet Valu fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Long Term Debt Total	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets
Common Stock Shares Outstanding		0.02	0.07	0.38	0.27	-0.08	-0.13	-0.08	-0.06	-0.05	0.02	-0.05	0.4	0.71	-0.05	0.05	0.11	0.08	0.71	-0.05	-0.01	0.08	0.07	-0.05	-0.01	0.08
Total Assets	0.02		-0.74	0.66	0.88	0.91	0.94	0.88	0.92	0.99	-0.72	0.94	0.79	-0.16	0.99	-0.5	-0.82	-0.9	-0.16	1.0	0.74	-0.9	-0.76	0.96	0.97	0.93
Short Long Term Debt Total	0.07	-0.74		-0.84	-0.88	-0.95	-0.64	-0.97	-0.46	-0.83	1.0	-0.92	-0.86	-0.11	-0.66	0.11	0.53	0.95	-0.11	-0.72	-0.71	0.95	1.0	-0.58	-0.86	-0.84
Other Current Liab	0.38	0.66	-0.84		0.94	0.78	0.58	0.81	0.32	0.71	-0.87	0.77	0.91	0.56	0.54	0.09	-0.52	-0.79	0.56	0.61	0.62	-0.78	-0.84	0.43	0.79	0.85
Total Current Liabilities	0.27	0.88	-0.88	0.94		0.92	0.79	0.92	0.62	0.9	-0.89	0.92	0.95	0.29	0.79	-0.18	-0.7	-0.91	0.29	0.84	0.74	-0.9	-0.89	0.71	0.94	0.96
Total Stockholder Equity	-0.08	0.91	-0.95	0.78	0.92		0.81	1.0	0.71	0.96	-0.93	1.0	0.87	-0.07	0.86	-0.34	-0.71	-0.99	-0.07	0.9	0.8	-0.99	-0.96	0.8	0.96	0.92
Other Liab	-0.13	0.94	-0.64	0.58	0.79	0.81		0.8	0.86	0.93	-0.62	0.85	0.63	-0.16	0.93	-0.33	-0.84	-0.82	-0.16	0.96	0.61	-0.81	-0.66	0.89	0.93	0.92
Net Tangible Assets	-0.08	0.88	-0.97	0.81	0.92	1.0	0.8		0.66	0.94	-0.96	0.98	0.87	-0.01	0.83	-0.25	-0.67	-0.99	-0.01	0.87	0.75	-0.99	-0.98	0.76	0.95	0.92
Property Plant And Equipment Net	-0.06	0.92	-0.46	0.32	0.62	0.71	0.86	0.66		0.86	-0.43	0.76	0.55	-0.45	0.97	-0.7	-0.73	-0.7	-0.45	0.93	0.59	-0.7	-0.49	0.99	0.79	0.71
Current Deferred Revenue	-0.05	0.99	-0.83	0.71	0.9	0.96	0.93	0.94	0.86		-0.81	0.98	0.81	-0.15	0.96	-0.44	-0.81	-0.95	-0.15	0.99	0.77	-0.95	-0.84	0.92	0.99	0.95
Net Debt	0.02	-0.72	1.0	-0.87	-0.89	-0.93	-0.62	-0.96	-0.43	-0.81		-0.9	-0.88	-0.18	-0.64	0.06	0.51	0.94	-0.18	-0.7	-0.69	0.94	1.0	-0.54	-0.85	-0.84
Retained Earnings	-0.05	0.94	-0.92	0.77	0.92	1.0	0.85	0.98	0.76	0.98	-0.9		0.86	-0.09	0.9	-0.4	-0.77	-0.97	-0.09	0.93	0.83	-0.98	-0.93	0.84	0.97	0.93
Accounts Payable	0.4	0.79	-0.86	0.91	0.95	0.87	0.63	0.87	0.55	0.81	-0.88	0.86		0.33	0.71	-0.18	-0.48	-0.87	0.33	0.74	0.63	-0.87	-0.87	0.64	0.84	0.85
Cash	0.71	-0.16	-0.11	0.56	0.29	-0.07	-0.16	-0.01	-0.45	-0.15	-0.18	-0.09	0.33		-0.3	0.65	0.18	0.03	1.0	-0.23	-0.12	0.05	-0.1	-0.39	-0.01	0.14
Non Current Assets Total	-0.05	0.99	-0.66	0.54	0.79	0.86	0.93	0.83	0.97	0.96	-0.64	0.9	0.71	-0.3		-0.59	-0.8	-0.85	-0.3	0.99	0.7	-0.85	-0.68	0.99	0.92	0.86
Non Currrent Assets Other	0.05	-0.5	0.11	0.09	-0.18	-0.34	-0.33	-0.25	-0.7	-0.44	0.06	-0.4	-0.18	0.65	-0.59		0.52	0.25	0.65	-0.51	-0.6	0.26	0.11	-0.66	-0.32	-0.19
Other Assets	0.11	-0.82	0.53	-0.52	-0.7	-0.71	-0.84	-0.67	-0.73	-0.81	0.51	-0.77	-0.48	0.18	-0.8	0.52		0.63	0.18	-0.83	-0.85	0.63	0.54	-0.75	-0.81	-0.8
Long Term Debt	0.08	-0.9	0.95	-0.79	-0.91	-0.99	-0.82	-0.99	-0.7	-0.95	0.94	-0.97	-0.87	0.03	-0.85	0.25	0.63		0.03	-0.89	-0.69	1.0	0.96	-0.79	-0.95	-0.92
Cash And Short Term Investments	0.71	-0.16	-0.11	0.56	0.29	-0.07	-0.16	-0.01	-0.45	-0.15	-0.18	-0.09	0.33	1.0	-0.3	0.65	0.18	0.03		-0.23	-0.12	0.05	-0.1	-0.39	-0.01	0.14
Net Receivables	-0.05	1.0	-0.72	0.61	0.84	0.9	0.96	0.87	0.93	0.99	-0.7	0.93	0.74	-0.23	0.99	-0.51	-0.83	-0.89	-0.23		0.72	-0.89	-0.74	0.96	0.96	0.92
Good Will	-0.01	0.74	-0.71	0.62	0.74	0.8	0.61	0.75	0.59	0.77	-0.69	0.83	0.63	-0.12	0.7	-0.6	-0.85	-0.69	-0.12	0.72		-0.7	-0.71	0.64	0.76	0.71
Long Term Debt Total	0.08	-0.9	0.95	-0.78	-0.9	-0.99	-0.81	-0.99	-0.7	-0.95	0.94	-0.98	-0.87	0.05	-0.85	0.26	0.63	1.0	0.05	-0.89	-0.7		0.96	-0.79	-0.95	-0.91
Non Current Liabilities Total	0.07	-0.76	1.0	-0.84	-0.89	-0.96	-0.66	-0.98	-0.49	-0.84	1.0	-0.93	-0.87	-0.1	-0.68	0.11	0.54	0.96	-0.1	-0.74	-0.71	0.96		-0.6	-0.87	-0.85
Capital Lease Obligations	-0.05	0.96	-0.58	0.43	0.71	0.8	0.89	0.76	0.99	0.92	-0.54	0.84	0.64	-0.39	0.99	-0.66	-0.75	-0.79	-0.39	0.96	0.64	-0.79	-0.6		0.86	0.78
Inventory	-0.01	0.97	-0.86	0.79	0.94	0.96	0.93	0.95	0.79	0.99	-0.85	0.97	0.84	-0.01	0.92	-0.32	-0.81	-0.95	-0.01	0.96	0.76	-0.95	-0.87	0.86		0.99
Other Current Assets	0.08	0.93	-0.84	0.85	0.96	0.92	0.92	0.92	0.71	0.95	-0.84	0.93	0.85	0.14	0.86	-0.19	-0.8	-0.92	0.14	0.92	0.71	-0.91	-0.85	0.78	0.99

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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.

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Pet Good Will vs Retained Earnings Analysis

Good Will vs Retained Earnings

Good Will vs Retained Earnings Correlation Analysis

Correlation Coefficient

Good Will

Retained Earnings

Pet Valu fundamental ratios Correlations

Pet Valu Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Net Receivables	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Liabilities Total	+ 1.0	Net Debt

Long Term Debt Total	- 0.99	Net Tangible Assets
Long Term Debt	- 0.99	Net Tangible Assets
Long Term Debt Total	- 0.99	Total Stockholder Equity
Long Term Debt	- 0.99	Total Stockholder Equity
Long Term Debt Total	- 0.98	Retained Earnings
Non Current Liabilities Total	- 0.98	Net Tangible Assets