Conns Non Currrent Assets Other vs Cash And Short Term Investments 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 Non Currrent Assets Other and its Cash And Short Term Investments 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.
Non Currrent Assets Other vs Cash And Short Term Investments
Non Currrent Assets Other 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 Conns Inc Non Currrent Assets Other account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Conns' Non Currrent Assets Other and Cash And Short Term Investments is -0.5. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Conns Inc, assuming nothing else is changed. The correlation between historical values of Conns' Non Currrent Assets Other 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 Non Currrent Assets Other of Conns Inc 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 Non Currrent Assets Other i.e., Conns' Non Currrent Assets Other and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.5 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Conns Inc balance sheet. This account contains Conns investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Conns Inc 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 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.