Pet Net Receivables vs Other Liab 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 Net Receivables and its Other Liab 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.

Net Receivables vs Other Liab

Net Receivables vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pet Valu Holdings Net Receivables account and Other Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Pet Valu's Net Receivables and Other Liab is 0.96. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Liab 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 Net Receivables and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Pet Valu Holdings are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Net Receivables i.e., Pet Valu's Net Receivables and Other Liab go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Other Liab

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 Amortization33.7M38.1M50.7M40.9M
Interest Income1.4M21.6M10.9M9.5M

Pet Valu fundamental ratios Correlations

0.020.070.380.27-0.08-0.13-0.08-0.06-0.050.02-0.050.40.71-0.050.050.110.080.71-0.05-0.010.080.07-0.05-0.010.08
0.02-0.740.660.880.910.940.880.920.99-0.720.940.79-0.160.99-0.5-0.82-0.9-0.161.00.74-0.9-0.760.960.970.93
0.07-0.74-0.84-0.88-0.95-0.64-0.97-0.46-0.831.0-0.92-0.86-0.11-0.660.110.530.95-0.11-0.72-0.710.951.0-0.58-0.86-0.84
0.380.66-0.840.940.780.580.810.320.71-0.870.770.910.560.540.09-0.52-0.790.560.610.62-0.78-0.840.430.790.85
0.270.88-0.880.940.920.790.920.620.9-0.890.920.950.290.79-0.18-0.7-0.910.290.840.74-0.9-0.890.710.940.96
-0.080.91-0.950.780.920.811.00.710.96-0.931.00.87-0.070.86-0.34-0.71-0.99-0.070.90.8-0.99-0.960.80.960.92
-0.130.94-0.640.580.790.810.80.860.93-0.620.850.63-0.160.93-0.33-0.84-0.82-0.160.960.61-0.81-0.660.890.930.92
-0.080.88-0.970.810.921.00.80.660.94-0.960.980.87-0.010.83-0.25-0.67-0.99-0.010.870.75-0.99-0.980.760.950.92
-0.060.92-0.460.320.620.710.860.660.86-0.430.760.55-0.450.97-0.7-0.73-0.7-0.450.930.59-0.7-0.490.990.790.71
-0.050.99-0.830.710.90.960.930.940.86-0.810.980.81-0.150.96-0.44-0.81-0.95-0.150.990.77-0.95-0.840.920.990.95
0.02-0.721.0-0.87-0.89-0.93-0.62-0.96-0.43-0.81-0.9-0.88-0.18-0.640.060.510.94-0.18-0.7-0.690.941.0-0.54-0.85-0.84
-0.050.94-0.920.770.921.00.850.980.760.98-0.90.86-0.090.9-0.4-0.77-0.97-0.090.930.83-0.98-0.930.840.970.93
0.40.79-0.860.910.950.870.630.870.550.81-0.880.860.330.71-0.18-0.48-0.870.330.740.63-0.87-0.870.640.840.85
0.71-0.16-0.110.560.29-0.07-0.16-0.01-0.45-0.15-0.18-0.090.33-0.30.650.180.031.0-0.23-0.120.05-0.1-0.39-0.010.14
-0.050.99-0.660.540.790.860.930.830.970.96-0.640.90.71-0.3-0.59-0.8-0.85-0.30.990.7-0.85-0.680.990.920.86
0.05-0.50.110.09-0.18-0.34-0.33-0.25-0.7-0.440.06-0.4-0.180.65-0.590.520.250.65-0.51-0.60.260.11-0.66-0.32-0.19
0.11-0.820.53-0.52-0.7-0.71-0.84-0.67-0.73-0.810.51-0.77-0.480.18-0.80.520.630.18-0.83-0.850.630.54-0.75-0.81-0.8
0.08-0.90.95-0.79-0.91-0.99-0.82-0.99-0.7-0.950.94-0.97-0.870.03-0.850.250.630.03-0.89-0.691.00.96-0.79-0.95-0.92
0.71-0.16-0.110.560.29-0.07-0.16-0.01-0.45-0.15-0.18-0.090.331.0-0.30.650.180.03-0.23-0.120.05-0.1-0.39-0.010.14
-0.051.0-0.720.610.840.90.960.870.930.99-0.70.930.74-0.230.99-0.51-0.83-0.89-0.230.72-0.89-0.740.960.960.92
-0.010.74-0.710.620.740.80.610.750.590.77-0.690.830.63-0.120.7-0.6-0.85-0.69-0.120.72-0.7-0.710.640.760.71
0.08-0.90.95-0.78-0.9-0.99-0.81-0.99-0.7-0.950.94-0.98-0.870.05-0.850.260.631.00.05-0.89-0.70.96-0.79-0.95-0.91
0.07-0.761.0-0.84-0.89-0.96-0.66-0.98-0.49-0.841.0-0.93-0.87-0.1-0.680.110.540.96-0.1-0.74-0.710.96-0.6-0.87-0.85
-0.050.96-0.580.430.710.80.890.760.990.92-0.540.840.64-0.390.99-0.66-0.75-0.79-0.390.960.64-0.79-0.60.860.78
-0.010.97-0.860.790.940.960.930.950.790.99-0.850.970.84-0.010.92-0.32-0.81-0.95-0.010.960.76-0.95-0.870.860.99
0.080.93-0.840.850.960.920.920.920.710.95-0.840.930.850.140.86-0.19-0.8-0.920.140.920.71-0.91-0.850.780.99
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Pet Valu Account Relationship Matchups

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.