PetMed Historical Balance Sheet

PETS Stock

USD 4.34 0.11 2.60%

Trend analysis of PetMed Express balance sheet accounts such as Total Stockholder Equity of 79.3 M, Property Plant And Equipment Net of 31.6 M, Retained Earnings of 71.7 M or Accounts Payable of 30.4 M provides information on PetMed Express' total assets, liabilities, and equity, which is the actual value of PetMed Express to its prevalent stockholders. By breaking down trends over time using PetMed Express balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining PetMed Express latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether PetMed Express is a good buy for the upcoming year.

PetMed Express Inventory

21.73 Million

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PetMed Express. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy PetMed Stock please use our How to Invest in PetMed Express guide.

About PetMed Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of PetMed Express at a specified time, usually calculated after every quarter, six months, or one year. PetMed Express Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PetMed Express and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which PetMed currently owns. An asset can also be divided into two categories, current and non-current.

PetMed Express Balance Sheet Chart

At this time, PetMed Express' Cash And Short Term Investments are comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 198.2 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 79.3 M in 2024.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

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Total Assets

Total assets refers to the total amount of PetMed Express assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in PetMed Express books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on PetMed Express balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of PetMed Express 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 accounts from PetMed Express' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into PetMed Express current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PetMed Express. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy PetMed Stock please use our How to Invest in PetMed Express guide.At this time, PetMed Express' Cash And Short Term Investments are comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 198.2 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 79.3 M in 2024.

	2023	2024 (projected)
Short and Long Term Debt Total	61.6K	58.5K
Total Assets	188.7M	198.2M

Short Long Term Debt Total Total Assets

PetMed Express balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Preferred Stock Total Equity
Total Assets		-0.6	0.76	0.92	0.86	0.81	-0.94	0.84	0.92	0.98	0.84	-0.35	0.99	0.63	0.72	0.69	0.08	0.29	0.77	0.63	0.91	0.81	0.86	-0.61	0.72	-0.48
Short Long Term Debt Total	-0.6		-0.31	-0.36	-0.68	-0.35	0.49	-0.72	-0.36	-0.46	-0.36	0.12	-0.53	-0.64	-0.96	-0.97	0.03	-0.73	-0.35	-0.26	-0.32	-0.35	-0.64	1.0	-0.96	0.1
Other Current Liab	0.76	-0.31		0.85	0.44	0.58	-0.59	0.37	0.74	0.74	0.7	0.22	0.75	0.17	0.51	0.49	0.36	0.01	0.84	0.66	0.88	0.58	0.48	-0.32	0.51	-0.76
Total Current Liabilities	0.92	-0.36	0.85		0.69	0.74	-0.85	0.64	0.98	0.92	0.79	-0.22	0.92	0.4	0.51	0.47	0.13	0.16	0.85	0.57	1.0	0.74	0.74	-0.36	0.51	-0.56
Total Stockholder Equity	0.86	-0.68	0.44	0.69		0.7	-0.91	0.99	0.74	0.84	0.68	-0.53	0.85	0.75	0.73	0.69	-0.07	0.4	0.54	0.44	0.66	0.7	0.98	-0.68	0.73	-0.02
Property Plant And Equipment Net	0.81	-0.35	0.58	0.74	0.7		-0.81	0.65	0.75	0.84	0.98	-0.24	0.78	0.5	0.49	0.43	0.14	-0.08	0.46	0.74	0.74	1.0	0.6	-0.35	0.49	-0.38
Net Debt	-0.94	0.49	-0.59	-0.85	-0.91	-0.81		-0.89	-0.89	-0.97	-0.8	0.54	-0.96	-0.69	-0.57	-0.53	0.0	-0.18	-0.66	-0.54	-0.83	-0.81	-0.9	0.49	-0.57	0.22
Retained Earnings	0.84	-0.72	0.37	0.64	0.99	0.65	-0.89		0.71	0.8	0.61	-0.58	0.82	0.8	0.74	0.71	-0.13	0.47	0.5	0.35	0.6	0.65	0.97	-0.72	0.74	0.03
Accounts Payable	0.92	-0.36	0.74	0.98	0.74	0.75	-0.89	0.71		0.93	0.77	-0.37	0.92	0.47	0.49	0.45	0.03	0.22	0.79	0.5	0.97	0.75	0.79	-0.37	0.49	-0.44
Cash	0.98	-0.46	0.74	0.92	0.84	0.84	-0.97	0.8	0.93		0.85	-0.41	0.99	0.61	0.59	0.55	0.09	0.12	0.74	0.64	0.91	0.84	0.83	-0.46	0.59	-0.46
Non Current Assets Total	0.84	-0.36	0.7	0.79	0.68	0.98	-0.8	0.61	0.77	0.85		-0.13	0.8	0.45	0.53	0.47	0.22	-0.09	0.54	0.8	0.8	0.98	0.59	-0.36	0.53	-0.5
Non Currrent Assets Other	-0.35	0.12	0.22	-0.22	-0.53	-0.24	0.54	-0.58	-0.37	-0.41	-0.13		-0.4	-0.6	-0.03	-0.03	0.41	-0.2	-0.14	0.12	-0.18	-0.24	-0.54	0.12	-0.03	-0.33
Cash And Short Term Investments	0.99	-0.53	0.75	0.92	0.85	0.78	-0.96	0.82	0.92	0.99	0.8	-0.4		0.64	0.65	0.62	0.07	0.21	0.76	0.6	0.91	0.78	0.86	-0.53	0.65	-0.47
Net Receivables	0.63	-0.64	0.17	0.4	0.75	0.5	-0.69	0.8	0.47	0.61	0.45	-0.6	0.64		0.59	0.59	-0.15	0.3	0.25	0.07	0.36	0.5	0.7	-0.64	0.59	0.02
Common Stock Total Equity	0.72	-0.96	0.51	0.51	0.73	0.49	-0.57	0.74	0.49	0.59	0.53	-0.03	0.65	0.59		0.99	0.06	0.63	0.47	0.46	0.48	0.49	0.69	-0.96	1.0	-0.3
Common Stock Shares Outstanding	0.69	-0.97	0.49	0.47	0.69	0.43	-0.53	0.71	0.45	0.55	0.47	-0.03	0.62	0.59	0.99		0.06	0.66	0.46	0.41	0.45	0.43	0.65	-0.97	0.99	-0.31
Non Current Liabilities Total	0.08	0.03	0.36	0.13	-0.07	0.14	0.0	-0.13	0.03	0.09	0.22	0.41	0.07	-0.15	0.06	0.06		-0.28	0.19	0.32	0.15	0.14	-0.1	0.02	0.06	-0.34
Inventory	0.29	-0.73	0.01	0.16	0.4	-0.08	-0.18	0.47	0.22	0.12	-0.09	-0.2	0.21	0.3	0.63	0.66	-0.28		0.27	-0.14	0.11	-0.08	0.45	-0.73	0.63	0.1
Other Current Assets	0.77	-0.35	0.84	0.85	0.54	0.46	-0.66	0.5	0.79	0.74	0.54	-0.14	0.76	0.25	0.47	0.46	0.19	0.27		0.42	0.85	0.46	0.62	-0.36	0.47	-0.56
Other Stockholder Equity	0.63	-0.26	0.66	0.57	0.44	0.74	-0.54	0.35	0.5	0.64	0.8	0.12	0.6	0.07	0.46	0.41	0.32	-0.14	0.42		0.6	0.74	0.36	-0.27	0.46	-0.57
Total Liab	0.91	-0.32	0.88	1.0	0.66	0.74	-0.83	0.6	0.97	0.91	0.8	-0.18	0.91	0.36	0.48	0.45	0.15	0.11	0.85	0.6		0.74	0.71	-0.32	0.48	-0.59
Property Plant And Equipment Gross	0.81	-0.35	0.58	0.74	0.7	1.0	-0.81	0.65	0.75	0.84	0.98	-0.24	0.78	0.5	0.49	0.43	0.14	-0.08	0.46	0.74	0.74		0.6	-0.35	0.49	-0.38
Total Current Assets	0.86	-0.64	0.48	0.74	0.98	0.6	-0.9	0.97	0.79	0.83	0.59	-0.54	0.86	0.7	0.69	0.65	-0.1	0.45	0.62	0.36	0.71	0.6		-0.64	0.69	-0.02
Short Term Debt	-0.61	1.0	-0.32	-0.36	-0.68	-0.35	0.49	-0.72	-0.37	-0.46	-0.36	0.12	-0.53	-0.64	-0.96	-0.97	0.02	-0.73	-0.36	-0.27	-0.32	-0.35	-0.64		-0.96	0.11
Common Stock	0.72	-0.96	0.51	0.51	0.73	0.49	-0.57	0.74	0.49	0.59	0.53	-0.03	0.65	0.59	1.0	0.99	0.06	0.63	0.47	0.46	0.48	0.49	0.69	-0.96		-0.3
Preferred Stock Total Equity	-0.48	0.1	-0.76	-0.56	-0.02	-0.38	0.22	0.03	-0.44	-0.46	-0.5	-0.33	-0.47	0.02	-0.3	-0.31	-0.34	0.1	-0.56	-0.57	-0.59	-0.38	-0.02	0.11	-0.3

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PetMed Express Account Relationship Matchups

PetMed Express balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	155.3M	187.5M	176.3M	164.1M	188.7M	198.2M
Other Current Liab	4.7M	5.4M	5.7M	11.3M	13.0M	13.6M
Total Current Liabilities	24.3M	44.9M	33.2M	36.5M	42.0M	44.1M
Total Stockholder Equity	130.0M	141.3M	142.2M	123.8M	142.4M	79.3M
Property Plant And Equipment Net	25.4M	25.5M	24.5M	26.2M	30.1M	31.6M
Net Debt	(103.8M)	(118.7M)	(111.1M)	(104.1M)	(93.7M)	(89.0M)
Retained Earnings	126.2M	134.1M	130.5M	105.5M	121.3M	71.7M
Accounts Payable	19.7M	39.5M	27.5M	25.2M	29.0M	30.4M
Cash	103.8M	118.7M	111.1M	104.1M	119.7M	125.7M
Non Current Assets Total	26.3M	26.3M	25.3M	32.7M	37.6M	39.4M
Non Currrent Assets Other	(26.3M)	(26.3M)	(25.3M)	5.9M	5.3M	5.5M
Cash And Short Term Investments	103.8M	118.7M	111.1M	104.1M	119.7M	125.7M
Net Receivables	3.8M	2.6M	1.9M	1.7M	2.0M	1.9M
Common Stock Shares Outstanding	20.1M	20.1M	20.4M	20.3M	23.4M	22.4M
Liabilities And Stockholders Equity	155.3M	187.5M	176.3M	164.1M	188.7M	198.2M
Non Current Liabilities Total	970K	1.3M	936K	3.8M	3.4M	3.6M
Inventory	17.9M	34.4M	32.5M	19.0M	21.9M	21.7M
Other Current Assets	3.5M	4.5M	5.5M	4.7M	5.4M	5.7M
Other Stockholder Equity	3.8M	7.1M	11.7M	18.3M	21.0M	22.1M
Total Liab	25.3M	46.2M	34.1M	40.3M	46.4M	48.7M
Property Plant And Equipment Gross	25.4M	25.5M	24.5M	26.2M	30.1M	31.6M
Total Current Assets	129.0M	161.2M	151.0M	131.5M	151.2M	78.0M
Property Plant Equipment	25.4M	25.5M	24.5M	26.2M	30.1M	31.6M
Net Tangible Assets	130.0M	141.3M	141.3M	123.8M	142.4M	114.5M
Retained Earnings Total Equity	126.2M	134.1M	130.5M	105.5M	121.3M	107.8M
Capital Surpluse	3.8M	7.1M	11.7M	18.3M	21.0M	22.1M
Other Liab	1.1M	970K	1.3M	936K	842.4K	852.3K
Net Invested Capital	130.0M	141.3M	142.2M	123.8M	142.4M	144.4M
Net Working Capital	104.7M	116.3M	117.8M	95.0M	109.2M	115.2M

Pair Trading with PetMed Express

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PetMed Express position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PetMed Express will appreciate offsetting losses from the drop in the long position's value.

Moving against PetMed Stock

0.78	LE	Lands End	Pair Corr
0.47	BQ	Boqii Holding Limited	Pair Corr
0.42	YJ	Yunji Inc Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to PetMed Express could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PetMed Express when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PetMed Express - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PetMed Express to buy it.

The correlation of PetMed Express is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PetMed Express moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PetMed Express moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for PetMed Express can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for PetMed Stock Analysis

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

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PetMed Historical Balance Sheet

PetMed Express Inventory

21.73 Million

About PetMed Balance Sheet Analysis

PetMed Express Balance Sheet Chart

Total Assets

Total Current Liabilities

PetMed Express balance sheet Correlations

PetMed Express Account Relationship Matchups

High Positive Relationship

High Negative Relationship

PetMed Express balance sheet Accounts

Pair Trading with PetMed Express

Moving against PetMed Stock

Additional Tools for PetMed Stock Analysis

COMMON DESTINATIONS

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Short Term Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Total Equity
Cash And Short Term Investments	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity

Short Term Debt	- 0.97	Common Stock Shares Outstanding
Cash	- 0.97	Net Debt
Common Stock Shares Outstanding	- 0.97	Short Long Term Debt Total
Common Stock	- 0.96	Short Term Debt
Short Term Debt	- 0.96	Common Stock Total Equity
Cash And Short Term Investments	- 0.96	Net Debt