PetMed Interest Income vs Selling And Marketing Expenses Analysis

PETS Stock  USD 5.42  0.14  2.52%   
PetMed Express financial indicator trend analysis is much more than just breaking down PetMed Express prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PetMed Express is a good investment. Please check the relationship between PetMed Express Interest Income and its Selling And Marketing Expenses accounts. 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.

Interest Income vs Selling And Marketing Expenses

Interest Income vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PetMed Express Interest Income account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have no relationship.
The correlation between PetMed Express' Interest Income and Selling And Marketing Expenses is 0.09. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of PetMed Express, assuming nothing else is changed. The correlation between historical values of PetMed Express' Interest Income and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of PetMed Express are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Interest Income i.e., PetMed Express' Interest Income and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Selling And Marketing Expenses

Most indicators from PetMed Express' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 464.80 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.15 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit78.1M71.0M71.6M71.9M
Total Revenue273.4M256.9M281.1M214.1M

PetMed Express fundamental ratios Correlations

-0.540.290.560.940.73-0.910.880.750.910.45-0.520.90.760.670.590.010.420.550.410.540.610.93-0.640.67-0.04
-0.54-0.48-0.52-0.59-0.420.4-0.59-0.51-0.36-0.510.0-0.43-0.58-0.95-0.97-0.25-0.66-0.51-0.45-0.5-0.5-0.540.92-0.950.44
0.29-0.480.930.070.44-0.09-0.050.740.050.930.310.020.320.430.30.710.080.810.760.940.770.06-0.220.43-0.92
0.56-0.520.930.360.63-0.410.250.940.370.930.020.340.460.490.370.560.180.890.731.00.860.37-0.30.5-0.81
0.94-0.590.070.360.68-0.950.980.590.950.28-0.630.960.720.680.67-0.140.440.380.290.330.480.97-0.690.670.1
0.73-0.420.440.630.68-0.720.60.730.710.73-0.270.620.560.480.390.25-0.030.440.70.620.910.56-0.350.48-0.33
-0.910.4-0.09-0.41-0.95-0.72-0.92-0.66-1.0-0.30.67-0.99-0.62-0.47-0.460.12-0.2-0.41-0.3-0.38-0.51-0.940.46-0.47-0.07
0.88-0.59-0.050.250.980.6-0.920.50.920.15-0.670.950.690.650.68-0.250.470.290.160.220.370.96-0.70.650.17
0.75-0.510.740.940.590.73-0.660.50.630.8-0.250.60.540.50.40.350.260.840.620.930.830.62-0.360.51-0.6
0.91-0.360.050.370.950.71-1.00.920.630.26-0.690.990.620.440.43-0.150.190.380.270.350.480.94-0.450.440.12
0.45-0.510.930.930.280.73-0.30.150.80.260.140.20.460.50.350.640.020.740.860.930.950.21-0.280.5-0.85
-0.520.00.310.02-0.63-0.270.67-0.67-0.25-0.690.14-0.69-0.45-0.03-0.080.46-0.15-0.060.170.04-0.05-0.650.11-0.03-0.33
0.9-0.430.020.340.960.62-0.990.950.60.990.2-0.690.630.50.5-0.190.290.370.20.320.40.97-0.520.50.14
0.76-0.580.320.460.720.56-0.620.690.540.620.46-0.450.630.660.590.090.330.390.250.440.540.66-0.640.66-0.16
0.67-0.950.430.490.680.48-0.470.650.50.440.5-0.030.50.660.970.190.690.480.470.470.520.62-0.971.0-0.3
0.59-0.970.30.370.670.39-0.460.680.40.430.35-0.080.50.590.970.10.710.390.340.340.390.62-0.980.97-0.23
0.01-0.250.710.56-0.140.250.12-0.250.35-0.150.640.46-0.190.090.190.1-0.150.490.570.580.5-0.19-0.040.2-0.67
0.42-0.660.080.180.44-0.03-0.20.470.260.190.02-0.150.290.330.690.71-0.150.32-0.040.150.00.49-0.750.690.0
0.55-0.510.810.890.380.44-0.410.290.840.380.74-0.060.370.390.480.390.490.320.550.880.650.44-0.340.48-0.67
0.41-0.450.760.730.290.7-0.30.160.620.270.860.170.20.250.470.340.57-0.040.550.740.840.19-0.260.47-0.68
0.54-0.50.941.00.330.62-0.380.220.930.350.930.040.320.440.470.340.580.150.880.740.860.34-0.270.47-0.82
0.61-0.50.770.860.480.91-0.510.370.830.480.95-0.050.40.540.520.390.50.00.650.840.860.38-0.320.52-0.68
0.93-0.540.060.370.970.56-0.940.960.620.940.21-0.650.970.660.620.62-0.190.490.440.190.340.38-0.650.620.12
-0.640.92-0.22-0.3-0.69-0.350.46-0.7-0.36-0.45-0.280.11-0.52-0.64-0.97-0.98-0.04-0.75-0.34-0.26-0.27-0.32-0.65-0.970.1
0.67-0.950.430.50.670.48-0.470.650.510.440.5-0.030.50.661.00.970.20.690.480.470.470.520.62-0.97-0.3
-0.040.44-0.92-0.810.1-0.33-0.070.17-0.60.12-0.85-0.330.14-0.16-0.3-0.23-0.670.0-0.67-0.68-0.82-0.680.120.1-0.3
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PetMed Express Account Relationship Matchups

PetMed Express fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets155.3M187.5M176.3M164.1M175.1M97.5M
Other Current Liab4.7M5.4M5.7M11.3M32.1M33.7M
Total Current Liabilities24.3M44.9M33.2M36.5M72.2M75.8M
Total Stockholder Equity130.0M141.3M142.2M123.8M96.7M80.4M
Property Plant And Equipment Net25.4M25.5M24.5M26.2M28.1M29.5M
Net Debt(103.8M)(118.7M)(111.1M)(104.1M)(53.8M)(56.5M)
Retained Earnings126.2M134.1M130.5M105.5M71.6M72.0M
Accounts Payable19.7M39.5M27.5M25.2M37.0M38.9M
Cash103.8M118.7M111.1M104.1M55.3M47.6M
Non Current Assets Total26.3M26.3M25.3M32.7M81.4M85.5M
Non Currrent Assets Other(26.3M)(26.3M)(25.3M)5.9M5.3M5.5M
Cash And Short Term Investments103.8M118.7M111.1M104.1M55.3M52.5M
Net Receivables3.8M2.6M1.9M1.7M3.3M1.9M
Common Stock Shares Outstanding20.1M20.1M20.4M20.3M20.4M22.4M
Liabilities And Stockholders Equity155.3M187.5M176.3M164.1M175.1M97.5M
Non Current Liabilities Total970K1.3M936K3.8M6.2M6.5M
Inventory17.9M34.4M32.5M19.0M28.6M22.1M
Other Current Assets3.5M4.5M5.5M4.7M6.5M6.8M
Other Stockholder Equity3.8M7.1M11.7M18.3M25.2M26.4M
Total Liab25.3M46.2M34.1M40.3M78.4M82.3M
Property Plant And Equipment Gross25.4M25.5M24.5M26.2M48.2M50.6M
Total Current Assets129.0M161.2M151.0M131.5M93.6M79.0M
Property Plant Equipment25.4M25.5M24.5M26.2M30.1M31.6M
Net Tangible Assets130.0M141.3M141.3M123.8M142.4M114.5M
Retained Earnings Total Equity126.2M134.1M130.5M105.5M121.3M107.8M
Capital Surpluse3.8M7.1M11.7M18.3M21.0M22.1M
Other Liab1.1M970K1.3M936K842.4K852.3K
Net Invested Capital130.0M141.3M142.2M123.8M96.7M101.1M
Net Working Capital104.7M116.3M117.8M95.0M21.5M20.4M

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