Shoe Income Quality vs Days Payables Outstanding Analysis
SCVL Stock | USD 33.90 0.05 0.15% |
Shoe Carnival financial indicator trend analysis is much more than just breaking down Shoe Carnival prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shoe Carnival is a good investment. Please check the relationship between Shoe Carnival Income Quality and its Days Payables Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shoe Carnival. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more information on how to buy Shoe Stock please use our How to buy in Shoe Stock guide.
Income Quality vs Days Payables Outstanding
Income Quality vs Days Payables Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shoe Carnival Income Quality account and Days Payables Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shoe Carnival's Income Quality and Days Payables Outstanding is -0.07. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Days Payables Outstanding in the same time period over historical financial statements of Shoe Carnival, assuming nothing else is changed. The correlation between historical values of Shoe Carnival's Income Quality and Days Payables Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Shoe Carnival are associated (or correlated) with its Days Payables Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Payables Outstanding has no effect on the direction of Income Quality i.e., Shoe Carnival's Income Quality and Days Payables Outstanding go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Days Payables Outstanding
Most indicators from Shoe Carnival's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shoe Carnival 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 Shoe Carnival. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more information on how to buy Shoe Stock please use our How to buy in Shoe Stock guide.At this time, Shoe Carnival's Tax Provision is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 198.7 K this year, although Enterprise Value Over EBITDA will most likely fall to (36.87).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 478K | 294K | 282K | 513.1K | Depreciation And Amortization | 61.8M | 71.0M | 28.8M | 20.2M |
Shoe Carnival fundamental ratios Correlations
Click cells to compare fundamentals
Shoe Carnival Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shoe Carnival fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 628.4M | 642.7M | 812.3M | 989.8M | 1.0B | 1.1B | |
Other Current Liab | 4.5M | (27.6M) | (20.8M) | (40.3M) | (38.7M) | (36.8M) | |
Total Current Liabilities | 122.5M | 130.9M | 153.7M | 157.3M | 127.9M | 76.3M | |
Total Stockholder Equity | 297.4M | 310.2M | 452.5M | 525.6M | 583.4M | 612.6M | |
Property Plant And Equipment Net | 282.8M | 268.0M | 309.5M | 460.0M | 502.5M | 527.6M | |
Net Debt | 175.4M | 124.9M | 128.9M | 291.9M | 255.3M | 268.1M | |
Retained Earnings | 395.8M | 406.7M | 553.5M | 653.5M | 714.6M | 750.4M | |
Accounts Payable | 60.7M | 57.7M | 69.1M | 78.9M | 58.3M | 52.9M | |
Cash | 61.9M | 106.5M | 117.4M | 51.4M | 99M | 104.0M | |
Non Current Assets Total | 298.7M | 287.4M | 370.2M | 520.1M | 560.7M | 588.7M | |
Non Currrent Assets Other | 8.1M | 13.8M | 14.1M | 3.5M | 13.6M | 14.3M | |
Cash And Short Term Investments | 61.9M | 106.5M | 132.4M | 63.0M | 111.2M | 116.8M | |
Net Receivables | 2.7M | 7.1M | 14.2M | 3.1M | 2.6M | 2.5M | |
Common Stock Shares Outstanding | 29.4M | 28.5M | 28.6M | 27.8M | 27.4M | 29.0M | |
Liabilities And Stockholders Equity | 628.4M | 642.7M | 812.3M | 989.8M | 1.0B | 1.1B | |
Non Current Liabilities Total | 208.5M | 201.7M | 206.0M | 306.9M | 330.8M | 347.3M | |
Inventory | 259.5M | 233.3M | 285.2M | 390.4M | 346.4M | 210.6M | |
Other Current Assets | 5.5M | 8.4M | 10.3M | 13.3M | 21.1M | 22.1M | |
Other Stockholder Equity | (98.6M) | (96.7M) | (101.4M) | (128.3M) | (131.7M) | (125.1M) | |
Total Liab | 331.0M | 332.6M | 359.7M | 464.2M | 458.6M | 481.6M | |
Property Plant And Equipment Gross | 282.8M | 268.0M | 309.5M | 460.0M | 759.8M | 797.8M | |
Total Current Assets | 329.6M | 355.3M | 442.0M | 469.7M | 481.3M | 260.3M | |
Short Term Debt | 43.1M | 97.6M | 103.1M | 116.3M | 106.0M | 111.3M | |
Other Liab | 14.4M | 19.0M | 11.2M | 21.9M | 25.1M | 25.9M | |
Property Plant Equipment | 67.8M | 268.0M | 309.5M | 460.0M | 529.1M | 555.5M | |
Current Deferred Revenue | 14.2M | 17.8M | 2.3M | 2.4M | (44.5M) | (42.3M) | |
Other Assets | 10.1M | 15.9M | 19.5M | 16.8M | 19.3M | 20.2M | |
Net Tangible Assets | 304.4M | 297.4M | 310.2M | 408.5M | 469.8M | 351.3M | |
Deferred Long Term Liab | 34.3M | 13.3M | 11.2M | 12.8M | 14.7M | 24.1M | |
Non Current Liabilities Other | 195.2M | 3.0M | 334K | 170K | 426K | 404.7K |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Shoe Carnival. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more information on how to buy Shoe Stock please use our How to buy in Shoe Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Specialty Retail space 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 Shoe Carnival. If investors know Shoe 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 Shoe Carnival listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.155 | Earnings Share 2.72 | Revenue Per Share 45.392 | Quarterly Revenue Growth 0.129 | Return On Assets 0.0587 |
The market value of Shoe Carnival is measured differently than its book value, which is the value of Shoe that is recorded on the company's balance sheet. Investors also form their own opinion of Shoe Carnival's value that differs from its market value or its book value, called intrinsic value, which is Shoe Carnival'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 Shoe Carnival's market value can be influenced by many factors that don't directly affect Shoe Carnival'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 Shoe Carnival's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shoe Carnival is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shoe Carnival'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.