Shoe Current Deferred Revenue vs Short Term Debt Analysis

SCVL Stock  USD 34.50  1.50  4.17%   
Shoe Carnival financial indicator trend analysis is much more than just breaking down Shoe Carnival prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shoe Carnival is a good investment. Please check the relationship between Shoe Carnival Current Deferred Revenue and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shoe Carnival. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Shoe Stock please use our How to buy in Shoe Stock guide.

Current Deferred Revenue vs Short Term Debt

Current Deferred Revenue vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shoe Carnival Current Deferred Revenue account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shoe Carnival's Current Deferred Revenue and Short Term Debt is 0.47. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Shoe Carnival, assuming nothing else is changed. The correlation between historical values of Shoe Carnival's Current Deferred Revenue and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Shoe Carnival are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Current Deferred Revenue i.e., Shoe Carnival's Current Deferred Revenue and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Short Term Debt

Most indicators from Shoe Carnival's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shoe Carnival 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shoe Carnival. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Shoe Stock please use our How to buy in Shoe Stock guide.At this time, Shoe Carnival's Tax Provision is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 198.7 K this year, although the value of Selling General Administrative will most likely fall to about 175.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense478K294K282K513.1K
Depreciation And Amortization18.8M24.2M28.8M15.7M

Shoe Carnival fundamental ratios Correlations

0.880.160.690.950.970.850.980.460.710.970.840.780.21-0.380.950.550.91-0.710.970.950.610.87-0.5-0.31-0.2
0.880.230.610.960.760.550.880.680.650.760.590.680.080.010.720.780.8-0.340.760.750.750.59-0.79-0.660.19
0.160.230.280.330.02-0.120.230.380.310.04-0.050.360.490.14-0.050.390.190.120.01-0.020.450.0-0.29-0.140.16
0.690.610.280.640.670.620.690.720.650.610.380.680.51-0.230.570.720.44-0.580.670.50.830.76-0.57-0.35-0.25
0.950.960.330.640.850.660.950.60.710.860.720.770.21-0.150.820.70.88-0.480.850.850.720.7-0.67-0.490.05
0.970.760.020.670.850.950.950.310.620.990.860.70.17-0.550.990.420.88-0.851.00.970.470.94-0.32-0.12-0.39
0.850.55-0.120.620.660.950.820.120.440.930.780.530.13-0.720.940.230.75-0.950.940.890.290.96-0.070.12-0.61
0.980.880.230.690.950.950.820.440.720.950.80.790.25-0.430.920.570.93-0.70.940.920.630.85-0.52-0.33-0.16
0.460.680.380.720.60.310.120.440.490.270.030.480.260.450.20.880.210.040.310.20.850.26-0.84-0.740.35
0.710.650.310.650.710.620.440.720.490.630.70.990.55-0.150.610.410.64-0.460.660.610.60.64-0.62-0.52-0.09
0.970.760.040.610.860.990.930.950.270.630.890.710.15-0.550.990.380.91-0.830.990.990.440.91-0.3-0.11-0.37
0.840.59-0.050.380.720.860.780.80.030.70.890.750.17-0.520.910.110.87-0.740.880.930.230.78-0.18-0.06-0.37
0.780.680.360.680.770.70.530.790.480.990.710.750.56-0.230.690.430.71-0.530.740.680.610.71-0.58-0.44-0.15
0.210.080.490.510.210.170.130.250.260.550.150.170.56-0.160.110.190.03-0.260.190.060.380.35-0.26-0.12-0.17
-0.380.010.14-0.23-0.15-0.55-0.72-0.430.45-0.15-0.55-0.52-0.23-0.16-0.590.25-0.460.85-0.55-0.510.14-0.66-0.41-0.550.68
0.950.72-0.050.570.820.990.940.920.20.610.990.910.690.11-0.590.310.9-0.860.990.990.380.92-0.24-0.07-0.41
0.550.780.390.720.70.420.230.570.880.410.380.110.430.190.250.310.38-0.040.40.320.960.31-0.83-0.670.39
0.910.80.190.440.880.880.750.930.210.640.910.870.710.03-0.460.90.38-0.640.880.930.440.73-0.36-0.2-0.14
-0.71-0.340.12-0.58-0.48-0.85-0.95-0.70.04-0.46-0.83-0.74-0.53-0.260.85-0.86-0.04-0.64-0.85-0.78-0.17-0.94-0.08-0.260.75
0.970.760.010.670.851.00.940.940.310.660.990.880.740.19-0.550.990.40.88-0.850.970.470.95-0.33-0.14-0.4
0.950.75-0.020.50.850.970.890.920.20.610.990.930.680.06-0.510.990.320.93-0.780.970.370.85-0.27-0.11-0.33
0.610.750.450.830.720.470.290.630.850.60.440.230.610.380.140.380.960.44-0.170.470.370.43-0.82-0.630.25
0.870.590.00.760.70.940.960.850.260.640.910.780.710.35-0.660.920.310.73-0.940.950.850.43-0.23-0.03-0.58
-0.5-0.79-0.29-0.57-0.67-0.32-0.07-0.52-0.84-0.62-0.3-0.18-0.58-0.26-0.41-0.24-0.83-0.36-0.08-0.33-0.27-0.82-0.230.95-0.47
-0.31-0.66-0.14-0.35-0.49-0.120.12-0.33-0.74-0.52-0.11-0.06-0.44-0.12-0.55-0.07-0.67-0.2-0.26-0.14-0.11-0.63-0.030.95-0.57
-0.20.190.16-0.250.05-0.39-0.61-0.160.35-0.09-0.37-0.37-0.15-0.170.68-0.410.39-0.140.75-0.4-0.330.25-0.58-0.47-0.57
Click cells to compare fundamentals

Shoe Carnival Account Relationship Matchups

Shoe Carnival fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets628.4M642.7M812.3M989.8M1.1B1.2B
Other Current Liab4.5M6.6M30.7M17.9M14.2M12.9M
Total Current Liabilities122.5M130.9M153.7M157.3M127.9M76.3M
Total Stockholder Equity297.4M310.2M452.5M525.6M583.4M612.6M
Property Plant And Equipment Net282.8M268.0M309.5M460.0M502.5M527.6M
Net Debt175.4M124.9M128.9M291.9M255.3M268.1M
Retained Earnings395.8M406.7M553.5M653.5M714.6M750.4M
Accounts Payable60.7M57.7M69.1M78.9M58.3M52.9M
Cash61.9M106.5M117.4M51.4M99M104.0M
Non Current Assets Total298.7M287.4M370.2M520.1M653.4M686.1M
Non Currrent Assets Other8.1M13.8M14.1M3.5M30.9M32.5M
Cash And Short Term Investments61.9M106.5M132.4M63.0M111.2M116.8M
Net Receivables2.7M7.1M14.2M3.1M2.6M2.5M
Common Stock Shares Outstanding29.4M28.5M28.6M27.8M27.4M29.0M
Liabilities And Stockholders Equity628.4M642.7M812.3M989.8M1.1B1.2B
Non Current Liabilities Total208.5M201.7M206.0M306.9M423.5M444.7M
Inventory259.5M233.3M285.2M390.4M346.4M210.6M
Other Current Assets5.5M8.4M10.3M13.3M21.1M22.1M
Other Stockholder Equity(98.6M)(96.7M)(101.4M)(128.3M)(131.7M)(125.1M)
Total Liab331.0M332.6M359.7M464.2M551.4M578.9M
Property Plant And Equipment Gross282.8M268.0M309.5M460.0M759.8M797.8M
Total Current Assets329.6M355.3M442.0M469.7M481.3M260.3M
Short Term Debt43.1M48.8M51.6M58.2M53.0M55.6M
Other Liab14.4M19.0M11.2M21.9M25.1M25.9M
Property Plant Equipment67.8M268.0M309.5M460.0M529.1M555.5M
Current Deferred Revenue14.2M17.8M2.3M2.4M2.4M4.1M
Other Assets10.1M15.9M19.5M16.8M19.3M20.2M
Net Tangible Assets304.4M297.4M310.2M408.5M469.8M351.3M
Deferred Long Term Liab34.3M13.3M11.2M12.8M14.7M24.1M
Non Current Liabilities Other195.2M3.0M334K170K426K404.7K

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Shoe Carnival using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Shoe Carnival is a strong investment it is important to analyze Shoe Carnival's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shoe Carnival's future performance. For an informed investment choice regarding Shoe Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shoe Carnival. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Shoe Stock please use our How to buy in Shoe Stock guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for Shoe Stock analysis

When running Shoe Carnival's price analysis, check to measure Shoe Carnival's 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 Shoe Carnival is operating at the current time. Most of Shoe Carnival's value examination focuses on studying past and present price action to predict the probability of Shoe Carnival's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shoe Carnival's price. Additionally, you may evaluate how the addition of Shoe Carnival to your portfolios can decrease your overall portfolio volatility.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Global Correlations
Find global opportunities by holding instruments from different markets
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Is Shoe Carnival's 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 Shoe Carnival. If investors know Shoe 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 Shoe Carnival 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
(0.28)
Dividend Share
0.44
Earnings Share
2.68
Revenue Per Share
43.182
Quarterly Revenue Growth
(0.04)
The market value of Shoe Carnival is measured differently than its book value, which is the value of Shoe that is recorded on the company's balance sheet. Investors also form their own opinion of Shoe Carnival's value that differs from its market value or its book value, called intrinsic value, which is Shoe Carnival's 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 Shoe Carnival's market value can be influenced by many factors that don't directly affect Shoe Carnival's 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 Shoe Carnival's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shoe Carnival is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shoe Carnival's 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.