Conns Non Currrent Assets Other vs Total Current Liabilities Analysis

CONN Stock  USD 3.58  0.34  10.49%   
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 Total Current Liabilities 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Non Currrent Assets Other vs Total Current Liabilities

Non Currrent Assets Other vs Total Current Liabilities 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 Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Conns' Non Currrent Assets Other and Total Current Liabilities is -0.18. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Current Liabilities 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 Total Current Liabilities 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 Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Currrent Assets Other i.e., Conns' Non Currrent Assets Other and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Total Current Liabilities

Total Current Liabilities is an item on Conns balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Conns Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
As of the 2nd 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 Profit764.0M632.3M608.0M513.3M
Total Revenue1.6B1.3B1.2B1.2B

Conns fundamental ratios Correlations

0.530.430.760.480.870.690.290.670.850.210.560.710.220.81-0.390.50.440.80.440.470.810.820.150.220.92
0.530.890.38-0.010.620.290.660.680.18-0.170.50.910.330.75-0.890.310.90.740.880.190.730.830.070.630.3
0.430.890.23-0.040.370.380.910.520.13-0.140.330.880.160.77-0.740.30.850.770.910.20.750.79-0.180.880.28
0.760.380.230.430.840.64-0.010.40.620.670.110.460.170.52-0.230.820.220.50.180.540.520.620.56-0.110.79
0.48-0.01-0.040.430.320.51-0.070.410.760.430.350.180.120.350.280.13-0.220.29-0.270.810.30.24-0.08-0.110.67
0.870.620.370.840.320.520.10.660.650.220.540.680.290.68-0.590.550.520.670.450.320.690.780.450.020.72
0.690.290.380.640.510.520.370.250.610.410.160.440.160.55-0.090.630.30.510.210.620.510.52-0.10.290.76
0.290.660.91-0.01-0.070.10.370.350.12-0.20.230.750.050.71-0.520.160.720.720.820.130.690.65-0.460.990.22
0.670.680.520.40.410.660.250.350.56-0.170.810.710.190.74-0.560.110.510.720.540.420.730.750.050.320.5
0.850.180.130.620.760.650.610.120.560.370.530.470.160.70.020.30.070.680.10.610.690.61-0.050.060.94
0.21-0.17-0.140.670.430.220.41-0.2-0.170.37-0.42-0.070.10.080.40.68-0.330.06-0.320.590.080.10.32-0.290.5
0.560.50.330.110.350.540.160.230.810.53-0.420.580.180.61-0.49-0.280.490.610.450.130.610.58-0.210.240.37
0.710.910.880.460.180.680.440.750.710.47-0.070.580.270.93-0.770.320.850.930.880.260.930.95-0.070.70.55
0.220.330.160.170.120.290.160.050.190.160.10.180.270.19-0.20.140.210.180.130.330.180.2-0.210.020.14
0.810.750.770.520.350.680.550.710.740.70.080.610.930.19-0.560.350.691.00.760.411.00.97-0.150.660.74
-0.39-0.89-0.74-0.230.28-0.59-0.09-0.52-0.560.020.4-0.49-0.77-0.2-0.56-0.18-0.89-0.57-0.850.17-0.56-0.68-0.21-0.5-0.07
0.50.310.30.820.130.550.630.160.110.30.68-0.280.320.140.35-0.180.230.340.20.470.350.450.430.050.55
0.440.90.850.22-0.220.520.30.720.510.07-0.330.490.850.210.69-0.890.230.70.94-0.080.690.76-0.090.690.17
0.80.740.770.50.290.670.510.720.720.680.060.610.930.181.0-0.570.340.70.780.351.00.97-0.150.660.71
0.440.880.910.18-0.270.450.210.820.540.1-0.320.450.880.130.76-0.850.20.940.78-0.10.770.81-0.120.810.2
0.470.190.20.540.810.320.620.130.420.610.590.130.260.330.410.170.47-0.080.35-0.10.350.34-0.060.060.65
0.810.730.750.520.30.690.510.690.730.690.080.610.930.181.0-0.560.350.691.00.770.350.97-0.130.640.73
0.820.830.790.620.240.780.520.650.750.610.10.580.950.20.97-0.680.450.760.970.810.340.970.050.590.7
0.150.07-0.180.56-0.080.45-0.1-0.460.05-0.050.32-0.21-0.07-0.21-0.15-0.210.43-0.09-0.15-0.12-0.06-0.130.05-0.50.09
0.220.630.88-0.11-0.110.020.290.990.320.06-0.290.240.70.020.66-0.50.050.690.660.810.060.640.59-0.50.14
0.920.30.280.790.670.720.760.220.50.940.50.370.550.140.74-0.070.550.170.710.20.650.730.70.090.14
Click cells to compare fundamentals

Conns Account Relationship Matchups

Conns fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2B1.8B1.8B1.7B2.4B1.3B
Other Current Liab65.5M84.4M112.7M85.5M119.8M125.8M
Total Current Liabilities162.3M211.8M258.4M222.4M466.5M489.8M
Total Stockholder Equity627.2M557.2M614.8M502.4M497.5M470.5M
Other Liab24.7M22.9M28.6M24.3M27.9M36.8M
Retained Earnings570.6M491.0M599.2M539.9M463.3M370.6M
Accounts Payable48.6M69.4M74.7M71.7M98.6M66.7M
Cash5.5M9.7M7.7M19.5M70.8M74.3M
Other Assets721.5M694.4M454.3M484.6M557.3M585.2M
Long Term Debt1.0B608.6M516.9M631.8M837.3M549.8M
Common Stock Shares Outstanding30.8M29.1M30.0M24.1M24.3M31.5M
Inventory219.8M196.5M246.8M240.8M334.0M350.7M
Other Current Assets11.4M8.8M40.7M12.9M18.7M16.7M
Total Liab1.5B1.2B1.1B1.2B1.9B2.0B
Property Plant Equipment173.0M456.8M449.0M481.1M553.2M580.9M
Short Long Term Debt Total1.4B1.0B908.0M1.0B1.7B1.8B
Property Plant And Equipment Net415.5M456.8M449.0M481.1M806.9M847.2M
Current Deferred Revenue12.2M13.0M15.6M11.0M16.3M16.8M
Net Debt1.4B998.5M900.3M1.0B1.6B1.7B
Non Current Assets Total1.1B911.0M933.7M885.1M1.2B1.3B
Non Currrent Assets Other675.8M444.8M484.6M404.1M30.7M29.2M
Cash And Short Term Investments5.5M9.7M7.7M19.5M70.8M74.3M
Net Receivables746.8M578.5M525.6M517.0M780.7M525.1M
Liabilities And Stockholders Equity2.2B1.8B1.8B1.7B2.4B1.3B
Non Current Liabilities Total1.4B986.2M881.2M991.4M1.5B1.6B
Other Stockholder Equity56.2M65.8M15.3M(37.8M)435.3M457.0M
Property Plant And Equipment Gross415.5M456.8M449.0M481.1M1.2B1.2B
Total Current Assets1.1B844.1M820.8M831.1M1.2B750.7M
Short Term Debt36.0M44.9M55.4M54.1M231.9M243.5M
Net Tangible Assets627.2M557.2M614.8M502.4M577.8M603.5M
Retained Earnings Total Equity508.5M570.6M491.0M599.2M689.1M475.6M
Long Term Debt Total901.2M1.0B608.6M522.1M600.5M843.4M
Capital Surpluse111.2M122.5M132.1M140.4M126.4M114.9M
Deferred Long Term Liab87.0M93.1M3.5M7.4M8.5M8.0M

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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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Conns' price analysis, check to measure Conns' 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 Conns is operating at the current time. Most of Conns' value examination focuses on studying past and present price action to predict the probability of Conns' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conns' price. Additionally, you may evaluate how the addition of Conns to your portfolios can decrease your overall portfolio volatility.
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Is Conns' industry 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.