ThredUp Operating Income vs Reconciled Depreciation Analysis

TDUP Stock  USD 2.01  0.04  1.95%   
ThredUp financial indicator trend analysis is much more than just breaking down ThredUp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ThredUp is a good investment. Please check the relationship between ThredUp Operating Income and its Reconciled Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ThredUp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in ThredUp Stock, please use our How to Invest in ThredUp guide.

Operating Income vs Reconciled Depreciation

Operating Income vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ThredUp Operating Income account and Reconciled Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between ThredUp's Operating Income and Reconciled Depreciation is -0.91. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of ThredUp, assuming nothing else is changed. The correlation between historical values of ThredUp's Operating Income and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of ThredUp are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Operating Income i.e., ThredUp's Operating Income and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.91
Relationship DirectionNegative 
Relationship StrengthSignificant

Operating Income

Operating Income is the amount of profit realized from ThredUp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of ThredUp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Reconciled Depreciation

Most indicators from ThredUp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ThredUp 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 ThredUp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in ThredUp Stock, please use our How to Invest in ThredUp guide.As of 06/03/2024, Tax Provision is likely to grow to about 36.3 K, while Selling General Administrative is likely to drop slightly above 44.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.3M805K2.2M1.6M
Depreciation And Amortization10.7M12.1M25.1M26.3M

ThredUp fundamental ratios Correlations

0.790.810.84-0.880.360.330.990.810.810.750.850.60.840.880.750.810.790.870.710.78-0.660.870.430.570.15
0.790.780.86-0.870.820.570.80.930.731.00.850.920.970.970.940.980.990.940.930.93-0.760.960.760.890.46
0.810.780.75-0.960.330.010.840.850.770.720.920.510.830.810.670.850.760.90.820.92-0.940.860.260.72-0.12
0.840.860.75-0.880.520.570.820.80.860.850.740.810.820.850.950.850.870.890.860.81-0.650.920.730.620.51
-0.88-0.87-0.96-0.88-0.45-0.23-0.89-0.93-0.8-0.83-0.89-0.69-0.88-0.88-0.81-0.9-0.85-0.94-0.87-0.930.87-0.93-0.44-0.74-0.11
0.360.820.330.52-0.450.710.380.670.350.860.520.880.750.740.750.750.810.630.710.65-0.430.660.840.810.65
0.330.570.010.57-0.230.710.250.370.20.630.110.790.480.50.710.460.610.350.390.280.070.430.870.450.95
0.990.80.840.82-0.890.380.250.850.830.750.890.60.840.880.730.810.780.890.730.81-0.710.880.40.560.09
0.810.930.850.8-0.930.670.370.850.660.910.850.830.90.90.810.90.880.890.840.89-0.780.890.530.80.23
0.810.730.770.86-0.80.350.20.830.660.690.850.530.750.790.780.770.730.890.850.8-0.780.890.550.450.19
0.751.00.720.85-0.830.860.630.750.910.690.810.940.960.960.950.970.990.910.920.9-0.710.930.810.890.53
0.850.850.920.74-0.890.520.110.890.850.850.810.580.910.910.720.910.840.960.880.95-0.930.930.420.74-0.01
0.60.920.510.81-0.690.880.790.60.830.530.940.580.810.830.920.830.890.750.790.73-0.480.80.880.760.73
0.840.970.830.82-0.880.750.480.840.90.750.960.910.810.990.880.990.980.960.910.95-0.80.960.660.90.33
0.880.970.810.85-0.880.740.50.880.90.790.960.910.830.990.90.980.970.960.90.93-0.770.970.690.840.36
0.750.940.670.95-0.810.750.710.730.810.780.950.720.920.880.90.910.950.890.910.84-0.630.930.880.750.65
0.810.980.850.85-0.90.750.460.810.90.770.970.910.830.990.980.910.990.970.950.98-0.840.970.680.910.34
0.790.990.760.87-0.850.810.610.780.880.730.990.840.890.980.970.950.990.940.930.93-0.740.950.780.90.49
0.870.940.90.89-0.940.630.350.890.890.890.910.960.750.960.960.890.970.940.960.98-0.890.990.630.790.25
0.710.930.820.86-0.870.710.390.730.840.850.920.880.790.910.90.910.950.930.960.96-0.880.960.720.810.36
0.780.930.920.81-0.930.650.280.810.890.80.90.950.730.950.930.840.980.930.980.96-0.930.960.570.870.18
-0.66-0.76-0.94-0.650.87-0.430.07-0.71-0.78-0.78-0.71-0.93-0.48-0.8-0.77-0.63-0.84-0.74-0.89-0.88-0.93-0.84-0.31-0.720.12
0.870.960.860.92-0.930.660.430.880.890.890.930.930.80.960.970.930.970.950.990.960.96-0.840.690.790.34
0.430.760.260.73-0.440.840.870.40.530.550.810.420.880.660.690.880.680.780.630.720.57-0.310.690.580.89
0.570.890.720.62-0.740.810.450.560.80.450.890.740.760.90.840.750.910.90.790.810.87-0.720.790.580.31
0.150.46-0.120.51-0.110.650.950.090.230.190.53-0.010.730.330.360.650.340.490.250.360.180.120.340.890.31
Click cells to compare fundamentals

ThredUp Account Relationship Matchups

ThredUp fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab16.1M18.1M26.2M24.5M39.6M25.8M
Total Current Liabilities43.1M62.6M89.4M84.4M76.7M70.9M
Other Liab712K1.9M1.1M3.0M3.5M3.6M
Net Tangible Assets(183.2M)(222.2M)179.6M117.9M135.6M142.4M
Retained Earnings(203.7M)(252.2M)(315.3M)(407.6M)(478.9M)(502.8M)
Accounts Payable14.2M23.1M32.5M24.0M9.5M9.0M
Other Assets2.1M3.0M132.4M7.0M8.0M7.6M
Net Receivables2.9M2.7M4.1M4.7M7.8M4.5M
Common Stock Shares Outstanding94.1M92.7M98.4M99.8M104.9M104.0M
Inventory3.9M3.5M9.8M17.5M15.7M10.4M
Other Current Assets2.0M4.5M8.6M7.1M5.7M5.2M
Other Stockholder Equity20.5M277.8M161.3M551.9M585.2M292.7M
Total Current Assets94.4M75.2M228.4M134.2M93.9M119.3M
Property Plant Equipment26.1M64.8M94.8M92.5M106.4M65.8M

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When determining whether ThredUp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ThredUp Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Thredup Stock. Highlighted below are key reports to facilitate an investment decision about Thredup Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ThredUp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in ThredUp Stock, please use our How to Invest in ThredUp guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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Is ThredUp'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 ThredUp. If investors know ThredUp 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 ThredUp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.64)
Revenue Per Share
3.052
Quarterly Revenue Growth
0.048
Return On Assets
(0.16)
Return On Equity
(0.61)
The market value of ThredUp is measured differently than its book value, which is the value of ThredUp that is recorded on the company's balance sheet. Investors also form their own opinion of ThredUp's value that differs from its market value or its book value, called intrinsic value, which is ThredUp'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 ThredUp's market value can be influenced by many factors that don't directly affect ThredUp'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 ThredUp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ThredUp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ThredUp'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.