Tillys Current Ratio from 2010 to 2024
TLYS Stock | USD 5.62 0.18 3.10% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 1.68385665 | Current Value 2.77206308 | Quarterly Volatility 0.6015412 |
Check Tillys financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tillys' main balance sheet or income statement drivers, such as Depreciation And Amortization of 20.3 M, Interest Expense of 3 M or Total Revenue of 587.7 M, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.08 or PTB Ratio of 2.43. Tillys financial statements analysis is a perfect complement when working with Tillys Valuation or Volatility modules.
Tillys | Current Ratio |
Latest Tillys' Current Ratio Growth Pattern
Below is the plot of the Current Ratio of Tillys Inc over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Tillys' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tillys' overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 1.59 X | 10 Years Trend |
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Current Ratio |
Timeline |
Tillys Current Ratio Regression Statistics
Arithmetic Mean | 1.94 | |
Geometric Mean | 1.86 | |
Coefficient Of Variation | 30.99 | |
Mean Deviation | 0.54 | |
Median | 1.68 | |
Standard Deviation | 0.60 | |
Sample Variance | 0.36 | |
Range | 1.3343 | |
R-Value | (0.40) | |
Mean Square Error | 0.33 | |
R-Squared | 0.16 | |
Significance | 0.14 | |
Slope | (0.05) | |
Total Sum of Squares | 5.07 |
Tillys Current Ratio History
About Tillys Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Tillys income statement, its balance sheet, and the statement of cash flows. Tillys investors use historical funamental indicators, such as Tillys's Current Ratio, to determine how well the company is positioned to perform in the future. Although Tillys investors may use each financial statement separately, they are all related. The changes in Tillys's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Tillys's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Tillys Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Tillys. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Current Ratio | 1.68 | 2.77 |
Pair Trading with Tillys
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tillys position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tillys will appreciate offsetting losses from the drop in the long position's value.Moving together with Tillys Stock
Moving against Tillys Stock
0.82 | LE | Lands End | PairCorr |
0.54 | BQ | Boqii Holding Limited | PairCorr |
0.5 | JD | JD Inc Adr | PairCorr |
0.46 | YJ | Yunji Inc Earnings Call This Week | PairCorr |
0.44 | AN | AutoNation | PairCorr |
The ability to find closely correlated positions to Tillys could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tillys when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tillys - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tillys Inc to buy it.
The correlation of Tillys is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tillys moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tillys Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tillys can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Tillys Stock Analysis
When running Tillys' price analysis, check to measure Tillys' 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 Tillys is operating at the current time. Most of Tillys' value examination focuses on studying past and present price action to predict the probability of Tillys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tillys' price. Additionally, you may evaluate how the addition of Tillys to your portfolios can decrease your overall portfolio volatility.