Chewy Total Current Liabilities vs Intangible Assets Analysis

CHWY Stock  USD 31.10  0.20  0.65%   
Chewy financial indicator trend analysis is way more than just evaluating Chewy Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chewy Inc is a good investment. Please check the relationship between Chewy Total Current Liabilities and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chewy Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Total Current Liabilities vs Intangible Assets

Total Current Liabilities vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chewy Inc Total Current Liabilities account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Chewy's Total Current Liabilities and Intangible Assets is 0.92. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Chewy Inc, assuming nothing else is changed. The correlation between historical values of Chewy's Total Current Liabilities and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Chewy Inc are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Liabilities i.e., Chewy's Total Current Liabilities and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Chewy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Chewy 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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Chewy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chewy 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 Chewy Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
At this time, Chewy's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to 0.00 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.4 B in 2024.
 2022 2023 2024 (projected)
Depreciation And Amortization83.3M109.7M56.9M
Interest Income11.9M62.1M65.2M

Chewy fundamental ratios Correlations

0.90.90.960.650.92-0.810.880.780.330.70.970.90.90.910.690.710.990.920.131.00.190.991.00.850.92
0.91.00.880.760.91-0.920.990.850.460.810.790.991.00.970.910.860.910.960.030.88-0.020.870.880.950.98
0.91.00.880.770.9-0.921.00.830.480.80.80.991.00.970.920.870.920.960.080.880.010.860.880.940.98
0.960.880.880.740.98-0.840.870.710.310.840.930.880.880.890.690.790.940.870.110.950.230.950.950.810.88
0.650.760.770.740.75-0.810.790.350.290.870.570.730.760.70.830.850.640.650.30.620.360.610.630.590.69
0.920.910.90.980.75-0.880.90.720.440.870.870.910.90.90.740.850.920.880.090.90.130.890.890.840.89
-0.81-0.92-0.92-0.84-0.81-0.88-0.94-0.67-0.39-0.85-0.73-0.89-0.9-0.82-0.93-0.97-0.82-0.810.0-0.780.03-0.77-0.8-0.77-0.85
0.880.991.00.870.790.9-0.940.790.510.790.790.990.990.950.930.890.910.950.120.870.030.840.870.920.97
0.780.850.830.710.350.72-0.670.790.290.510.670.850.840.880.680.560.790.86-0.330.76-0.220.790.780.930.86
0.330.460.480.310.290.44-0.390.510.290.210.330.550.470.450.390.360.440.570.470.36-0.050.250.290.490.51
0.70.810.80.840.870.87-0.850.790.510.210.610.750.780.750.770.920.680.680.010.660.090.670.670.660.71
0.970.790.80.930.570.87-0.730.790.670.330.610.810.80.810.560.610.970.840.230.980.240.970.970.730.84
0.90.990.990.880.730.91-0.890.990.850.550.750.810.990.980.880.820.930.980.10.890.040.870.890.970.99
0.91.01.00.880.760.9-0.90.990.840.470.780.80.990.980.90.840.920.970.090.890.030.870.890.950.99
0.910.970.970.890.70.9-0.820.950.880.450.750.810.980.980.820.750.920.980.070.90.090.890.90.980.99
0.690.910.920.690.830.74-0.930.930.680.390.770.560.880.90.820.910.710.79-0.010.66-0.060.650.680.80.84
0.710.860.870.790.850.85-0.970.890.560.360.920.610.820.840.750.910.720.720.010.67-0.030.660.690.70.76
0.990.910.920.940.640.92-0.820.910.790.440.680.970.930.920.920.710.720.950.170.990.130.980.990.870.95
0.920.960.960.870.650.88-0.810.950.860.570.680.840.980.970.980.790.720.950.160.920.040.890.90.960.99
0.130.030.080.110.30.090.00.12-0.330.470.010.230.10.090.07-0.010.010.170.160.190.580.080.14-0.050.12
1.00.880.880.950.620.9-0.780.870.760.360.660.980.890.890.90.660.670.990.920.190.20.991.00.830.92
0.19-0.020.010.230.360.130.030.03-0.22-0.050.090.240.040.030.09-0.06-0.030.130.040.580.20.210.21-0.030.03
0.990.870.860.950.610.89-0.770.840.790.250.670.970.870.870.890.650.660.980.890.080.990.210.990.830.9
1.00.880.880.950.630.89-0.80.870.780.290.670.970.890.890.90.680.690.990.90.141.00.210.990.830.91
0.850.950.940.810.590.84-0.770.920.930.490.660.730.970.950.980.80.70.870.96-0.050.83-0.030.830.830.96
0.920.980.980.880.690.89-0.850.970.860.510.710.840.990.990.990.840.760.950.990.120.920.030.90.910.96
Click cells to compare fundamentals

Chewy Account Relationship Matchups

Chewy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets932.3M1.7B2.1B2.5B3.4B3.6B
Other Current Liab417.5M602.5M761.6M738.5M976.9M558.4M
Total Current Liabilities1.1B1.4B1.6B1.8B2.1B1.3B
Total Stockholder Equity(404.0M)(2.0M)14.7M214.0M510.2M535.8M
Other Liab35.3M33.8M16.5M60.0M69.0M40.0M
Net Tangible Assets(418.3M)(36.5M)14.7M174.5M200.7M210.7M
Retained Earnings(1.8B)(1.9B)(2.0B)(2.0B)(2.0B)(2.1B)
Accounts Payable683.0M778.4M883.3M1.0B1.1B753.2M
Cash212.1M563.3M603.1M330.4M602.2M362.5M
Other Assets4.7M6.9M22.9M53.2M1.00.95
Net Receivables81.1M122.6M123.5M126.3M202.3M136.3M
Common Stock Shares Outstanding401.4M407.2M417.2M427.8M432.0M450.0M
Inventory317.8M513.3M560.4M675.5M719.3M449.0M
Total Liab1.3B1.7B2.1B2.3B2.9B1.7B
Total Current Assets629.8M1.2B1.3B1.5B2.1B1.1B
Common Stock4.0M4.2M4.2M4.3M4.3M3.9M
Property Plant Equipment283.5M472.8M739.9M902.2M1.0B1.1B
Property Plant And Equipment Net297.8M507.2M739.9M902.2M995.9M566.1M
Net Debt(11.6M)(235.1M)(192.9M)141.3M(45.4M)(47.7M)
Non Current Assets Total302.5M514.1M762.7M994.8M1.3B1.4B
Non Currrent Assets Other(9.6M)6.9M(138.3M)53.2M43.2M45.3M
Cash And Short Term Investments212.1M563.3M603.1M677.4M1.1B1.2B
Liabilities And Stockholders Equity932.3M1.7B2.1B2.5B3.4B1.8B
Non Current Liabilities Total235.8M362.1M426.7M531.8M799.8M839.8M
Other Current Assets18.8M27.6M36.5M41.1M48.7M29.9M
Other Stockholder Equity1.4B1.9B2.0B2.2B2.5B2.0B
Net Invested Capital(404.0M)(2.0M)14.7M214.0M510.2M535.8M
Property Plant And Equipment Gross297.8M507.2M894.7M1.1B1.3B674.4M
Non Current Liabilities Other35.3M33.8M16.5M531.8M37.9M36.0M
Net Working Capital(470.7M)(154.1M)(321.3M)(249.0M)(6.5M)(6.9M)
Capital Stock4.0M4.2M4.2M4.3M4.3M4.6M

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