ThredUp Tax Provision vs Research Development 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 Tax Provision and its Research Development 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.

Tax Provision vs Research Development

Tax Provision vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ThredUp Tax Provision account and Research Development. At this time, the significance of the direction appears to have no relationship.

The correlation between ThredUp's Tax Provision and Research Development is 0.02. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Research Development in the same time period over historical financial statements of ThredUp, assuming nothing else is changed. The correlation between historical values of ThredUp's Tax Provision and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of ThredUp are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Tax Provision i.e., ThredUp's Tax Provision and Research Development go up and down completely randomly.

Correlation Coefficient

0.02

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Research Development

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 Expense	2.3M	805K	2.2M	1.6M
Depreciation And Amortization	10.7M	12.1M	25.1M	26.3M

Interest Expense Depreciation And Amortization

ThredUp fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments
Other Current Liab		0.79	0.81	0.84	-0.88	0.36	0.33	0.99	0.81	0.81	0.75	0.85	0.6	0.84	0.88	0.75	0.81	0.79	0.87	0.71	0.78	-0.66	0.87	0.43	0.57	0.15
Total Current Liabilities	0.79		0.78	0.86	-0.87	0.82	0.57	0.8	0.93	0.73	1.0	0.85	0.92	0.97	0.97	0.94	0.98	0.99	0.94	0.93	0.93	-0.76	0.96	0.76	0.89	0.46
Other Liab	0.81	0.78		0.75	-0.96	0.33	0.01	0.84	0.85	0.77	0.72	0.92	0.51	0.83	0.81	0.67	0.85	0.76	0.9	0.82	0.92	-0.94	0.86	0.26	0.72	-0.12
Net Tangible Assets	0.84	0.86	0.75		-0.88	0.52	0.57	0.82	0.8	0.86	0.85	0.74	0.81	0.82	0.85	0.95	0.85	0.87	0.89	0.86	0.81	-0.65	0.92	0.73	0.62	0.51
Retained Earnings	-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	-0.93	0.87	-0.93	-0.44	-0.74	-0.11
Accounts Payable	0.36	0.82	0.33	0.52	-0.45		0.71	0.38	0.67	0.35	0.86	0.52	0.88	0.75	0.74	0.75	0.75	0.81	0.63	0.71	0.65	-0.43	0.66	0.84	0.81	0.65
Other Assets	0.33	0.57	0.01	0.57	-0.23	0.71		0.25	0.37	0.2	0.63	0.11	0.79	0.48	0.5	0.71	0.46	0.61	0.35	0.39	0.28	0.07	0.43	0.87	0.45	0.95
Net Receivables	0.99	0.8	0.84	0.82	-0.89	0.38	0.25		0.85	0.83	0.75	0.89	0.6	0.84	0.88	0.73	0.81	0.78	0.89	0.73	0.81	-0.71	0.88	0.4	0.56	0.09
Common Stock Shares Outstanding	0.81	0.93	0.85	0.8	-0.93	0.67	0.37	0.85		0.66	0.91	0.85	0.83	0.9	0.9	0.81	0.9	0.88	0.89	0.84	0.89	-0.78	0.89	0.53	0.8	0.23
Inventory	0.81	0.73	0.77	0.86	-0.8	0.35	0.2	0.83	0.66		0.69	0.85	0.53	0.75	0.79	0.78	0.77	0.73	0.89	0.85	0.8	-0.78	0.89	0.55	0.45	0.19
Other Current Assets	0.75	1.0	0.72	0.85	-0.83	0.86	0.63	0.75	0.91	0.69		0.81	0.94	0.96	0.96	0.95	0.97	0.99	0.91	0.92	0.9	-0.71	0.93	0.81	0.89	0.53
Other Stockholder Equity	0.85	0.85	0.92	0.74	-0.89	0.52	0.11	0.89	0.85	0.85	0.81		0.58	0.91	0.91	0.72	0.91	0.84	0.96	0.88	0.95	-0.93	0.93	0.42	0.74	-0.01
Total Current Assets	0.6	0.92	0.51	0.81	-0.69	0.88	0.79	0.6	0.83	0.53	0.94	0.58		0.81	0.83	0.92	0.83	0.89	0.75	0.79	0.73	-0.48	0.8	0.88	0.76	0.73
Common Stock	0.84	0.97	0.83	0.82	-0.88	0.75	0.48	0.84	0.9	0.75	0.96	0.91	0.81		0.99	0.88	0.99	0.98	0.96	0.91	0.95	-0.8	0.96	0.66	0.9	0.33
Property Plant Equipment	0.88	0.97	0.81	0.85	-0.88	0.74	0.5	0.88	0.9	0.79	0.96	0.91	0.83	0.99		0.9	0.98	0.97	0.96	0.9	0.93	-0.77	0.97	0.69	0.84	0.36
Total Assets	0.75	0.94	0.67	0.95	-0.81	0.75	0.71	0.73	0.81	0.78	0.95	0.72	0.92	0.88	0.9		0.91	0.95	0.89	0.91	0.84	-0.63	0.93	0.88	0.75	0.65
Short Long Term Debt Total	0.81	0.98	0.85	0.85	-0.9	0.75	0.46	0.81	0.9	0.77	0.97	0.91	0.83	0.99	0.98	0.91		0.99	0.97	0.95	0.98	-0.84	0.97	0.68	0.91	0.34
Total Stockholder Equity	0.79	0.99	0.76	0.87	-0.85	0.81	0.61	0.78	0.88	0.73	0.99	0.84	0.89	0.98	0.97	0.95	0.99		0.94	0.93	0.93	-0.74	0.95	0.78	0.9	0.49
Property Plant And Equipment Net	0.87	0.94	0.9	0.89	-0.94	0.63	0.35	0.89	0.89	0.89	0.91	0.96	0.75	0.96	0.96	0.89	0.97	0.94		0.96	0.98	-0.89	0.99	0.63	0.79	0.25
Current Deferred Revenue	0.71	0.93	0.82	0.86	-0.87	0.71	0.39	0.73	0.84	0.85	0.92	0.88	0.79	0.91	0.9	0.91	0.95	0.93	0.96		0.96	-0.88	0.96	0.72	0.81	0.36
Net Debt	0.78	0.93	0.92	0.81	-0.93	0.65	0.28	0.81	0.89	0.8	0.9	0.95	0.73	0.95	0.93	0.84	0.98	0.93	0.98	0.96		-0.93	0.96	0.57	0.87	0.18
Cash	-0.66	-0.76	-0.94	-0.65	0.87	-0.43	0.07	-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	-0.72	0.12
Non Current Assets Total	0.87	0.96	0.86	0.92	-0.93	0.66	0.43	0.88	0.89	0.89	0.93	0.93	0.8	0.96	0.97	0.93	0.97	0.95	0.99	0.96	0.96	-0.84		0.69	0.79	0.34
Non Currrent Assets Other	0.43	0.76	0.26	0.73	-0.44	0.84	0.87	0.4	0.53	0.55	0.81	0.42	0.88	0.66	0.69	0.88	0.68	0.78	0.63	0.72	0.57	-0.31	0.69		0.58	0.89
Long Term Debt	0.57	0.89	0.72	0.62	-0.74	0.81	0.45	0.56	0.8	0.45	0.89	0.74	0.76	0.9	0.84	0.75	0.91	0.9	0.79	0.81	0.87	-0.72	0.79	0.58		0.31
Cash And Short Term Investments	0.15	0.46	-0.12	0.51	-0.11	0.65	0.95	0.09	0.23	0.19	0.53	-0.01	0.73	0.33	0.36	0.65	0.34	0.49	0.25	0.36	0.18	0.12	0.34	0.89	0.31

Click cells to compare fundamentals

ThredUp Account Relationship Matchups

ThredUp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	16.1M	18.1M	26.2M	24.5M	39.6M	25.8M
Total Current Liabilities	43.1M	62.6M	89.4M	84.4M	76.7M	70.9M
Other Liab	712K	1.9M	1.1M	3.0M	3.5M	3.6M
Net Tangible Assets	(183.2M)	(222.2M)	179.6M	117.9M	135.6M	142.4M
Retained Earnings	(203.7M)	(252.2M)	(315.3M)	(407.6M)	(478.9M)	(502.8M)
Accounts Payable	14.2M	23.1M	32.5M	24.0M	9.5M	9.0M
Other Assets	2.1M	3.0M	132.4M	7.0M	8.0M	7.6M
Net Receivables	2.9M	2.7M	4.1M	4.7M	7.8M	4.5M
Common Stock Shares Outstanding	94.1M	92.7M	98.4M	99.8M	104.9M	104.0M
Inventory	3.9M	3.5M	9.8M	17.5M	15.7M	10.4M
Other Current Assets	2.0M	4.5M	8.6M	7.1M	5.7M	5.2M
Other Stockholder Equity	20.5M	277.8M	161.3M	551.9M	585.2M	292.7M
Total Current Assets	94.4M	75.2M	228.4M	134.2M	93.9M	119.3M
Property Plant Equipment	26.1M	64.8M	94.8M	92.5M	106.4M	65.8M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

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:

How To Invest In ThredUp

Details

Is ThredUp Stock a good investment?

Details

What is ThredUp's Net Worth?

Details

Largest Specialty Retail Companies

View

Largest Consumer Discretionary Distribution & Retail Companies

View

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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for ThredUp Stock analysis

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

	Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.
	Content Syndication Quickly integrate customizable finance content to your own investment portal
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments
	Economic Indicators Top statistical indicators that provide insights into how an economy is performing
	Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

ThredUp Tax Provision vs Research Development Analysis

Tax Provision vs Research Development

Tax Provision vs Research Development Correlation Analysis

Correlation Coefficient

Tax Provision

Research Development

ThredUp fundamental ratios Correlations

ThredUp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ThredUp fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for ThredUp Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Current Assets	+ 1.0	Total Current Liabilities
Net Receivables	+ 0.99	Other Current Liab
Total Stockholder Equity	+ 0.99	Total Current Liabilities
Total Stockholder Equity	+ 0.99	Other Current Assets
Property Plant Equipment	+ 0.99	Common Stock
Short Long Term Debt Total	+ 0.99	Common Stock

Retained Earnings	- 0.96	Other Liab
Property Plant And Equipment Net	- 0.94	Retained Earnings
Cash	- 0.94	Other Liab
Cash	- 0.93	Net Debt
Cash	- 0.93	Other Stockholder Equity
Non Current Assets Total	- 0.93	Retained Earnings