Conns Inventory vs Common Stock Shares Outstanding Analysis
CONN Stock | USD 3.08 0.04 1.28% |
Conns financial indicator trend analysis is way more than just evaluating Conns Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Conns Inc is a good investment. Please check the relationship between Conns Inventory and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Conns Inc. 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.
Inventory vs Common Stock Shares Outstanding
Inventory vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Conns Inc Inventory account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Conns' Inventory and Common Stock Shares Outstanding is -0.07. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Conns Inc, assuming nothing else is changed. The correlation between historical values of Conns' Inventory and Common Stock Shares Outstanding 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 Conns Inc are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Inventory i.e., Conns' Inventory and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Conns' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Conns Inc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Conns Inc. 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 June 2024, Selling General Administrative is likely to drop to about 373.8 M. In addition to that, Tax Provision is likely to grow to about (37.5 M)
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 764.0M | 632.3M | 608.0M | 513.3M | Total Revenue | 1.6B | 1.3B | 1.2B | 1.2B |
Conns fundamental ratios Correlations
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Conns Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Conns fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.2B | 1.8B | 1.8B | 1.7B | 2.4B | 1.3B | |
Other Current Liab | 65.5M | 84.4M | 112.7M | 85.5M | 119.8M | 125.8M | |
Total Current Liabilities | 162.3M | 211.8M | 258.4M | 222.4M | 466.5M | 489.8M | |
Total Stockholder Equity | 627.2M | 557.2M | 614.8M | 502.4M | 497.5M | 470.5M | |
Other Liab | 24.7M | 22.9M | 28.6M | 24.3M | 27.9M | 36.8M | |
Retained Earnings | 570.6M | 491.0M | 599.2M | 539.9M | 463.3M | 370.6M | |
Accounts Payable | 48.6M | 69.4M | 74.7M | 71.7M | 98.6M | 66.7M | |
Cash | 5.5M | 9.7M | 7.7M | 19.5M | 70.8M | 74.3M | |
Other Assets | 721.5M | 694.4M | 454.3M | 484.6M | 557.3M | 585.2M | |
Long Term Debt | 1.0B | 608.6M | 516.9M | 631.8M | 837.3M | 549.8M | |
Common Stock Shares Outstanding | 30.8M | 29.1M | 30.0M | 24.1M | 24.3M | 31.5M | |
Inventory | 219.8M | 196.5M | 246.8M | 240.8M | 334.0M | 350.7M | |
Other Current Assets | 11.4M | 8.8M | 40.7M | 12.9M | 18.7M | 16.7M | |
Total Liab | 1.5B | 1.2B | 1.1B | 1.2B | 1.9B | 2.0B | |
Property Plant Equipment | 173.0M | 456.8M | 449.0M | 481.1M | 553.2M | 580.9M | |
Short Long Term Debt Total | 1.4B | 1.0B | 908.0M | 1.0B | 1.7B | 1.8B | |
Property Plant And Equipment Net | 415.5M | 456.8M | 449.0M | 481.1M | 806.9M | 847.2M | |
Current Deferred Revenue | 12.2M | 13.0M | 15.6M | 11.0M | 16.3M | 16.8M | |
Net Debt | 1.4B | 998.5M | 900.3M | 1.0B | 1.6B | 1.7B | |
Non Current Assets Total | 1.1B | 911.0M | 933.7M | 885.1M | 1.2B | 1.3B | |
Non Currrent Assets Other | 675.8M | 444.8M | 484.6M | 404.1M | 30.7M | 29.2M | |
Cash And Short Term Investments | 5.5M | 9.7M | 7.7M | 19.5M | 70.8M | 74.3M | |
Net Receivables | 746.8M | 578.5M | 525.6M | 517.0M | 780.7M | 525.1M | |
Liabilities And Stockholders Equity | 2.2B | 1.8B | 1.8B | 1.7B | 2.4B | 1.3B | |
Non Current Liabilities Total | 1.4B | 986.2M | 881.2M | 991.4M | 1.5B | 1.6B | |
Other Stockholder Equity | 56.2M | 65.8M | 15.3M | (37.8M) | 435.3M | 457.0M | |
Property Plant And Equipment Gross | 415.5M | 456.8M | 449.0M | 481.1M | 1.2B | 1.2B | |
Total Current Assets | 1.1B | 844.1M | 820.8M | 831.1M | 1.2B | 750.7M | |
Short Term Debt | 36.0M | 44.9M | 55.4M | 54.1M | 231.9M | 243.5M | |
Net Tangible Assets | 627.2M | 557.2M | 614.8M | 502.4M | 577.8M | 603.5M | |
Retained Earnings Total Equity | 508.5M | 570.6M | 491.0M | 599.2M | 689.1M | 475.6M | |
Long Term Debt Total | 901.2M | 1.0B | 608.6M | 522.1M | 600.5M | 843.4M | |
Capital Surpluse | 111.2M | 122.5M | 132.1M | 140.4M | 126.4M | 114.9M | |
Deferred Long Term Liab | 87.0M | 93.1M | 3.5M | 7.4M | 8.5M | 8.0M |
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Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Conns Stock
When determining whether Conns Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Conns' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Conns Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Conns Inc Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Conns Inc. 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. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Computer & Electronics Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Conns. If investors know Conns will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Conns listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Earnings Share (3.17) | Revenue Per Share 51.038 | Quarterly Revenue Growth 0.093 | Return On Assets (0.06) |
The market value of Conns Inc is measured differently than its book value, which is the value of Conns that is recorded on the company's balance sheet. Investors also form their own opinion of Conns' value that differs from its market value or its book value, called intrinsic value, which is Conns' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Conns' market value can be influenced by many factors that don't directly affect Conns' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Conns' value and its price as these two are different measures arrived at by different means. Investors typically determine if Conns is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Conns' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.