Petmed Express Liabilities 2024

Petmed Express Aktienanalyse

What does Petmed Express do?

Petmed Express Inc. is a US company that was founded in 1996 and is based in Delray Beach, Florida. The company is best known by its trade name - 1800-PetMeds. It is one of the largest online pharmacies for pet supplies and offers a variety of products such as medications, supplements, food, toys, and accessories for pets. The company's history is rooted in the emergence of online commerce. In 1996, Marc Puleo founded the company when he realized that there was no pharmacy specializing in pet supplies and wanted to capitalize on the potential of the then-new medium - the internet - to build a nationwide company. In the early years, 1800-PetMeds worked hard to bring awareness of the company to consumers and veterinarians through the internet. The company sought and found ways to gain customer trust and differentiate itself from traditional veterinary practices. 1800-PetMeds offered affordable medications and a wide range of pet products. In this way, Petmed Express Inc. became a pioneering company in e-commerce, revolutionizing how veterinarians and their patients gain access to products. Over the years, the company built long-standing business relationships with leading manufacturers of pet products and veterinarians to expand its offerings. 1800-PetMeds' business model is based on a simple concept - providing pet products and medications at lower prices than local veterinarians. The company operates a wide range of platforms that make it easy for users to find the desired product, with user-friendly service features for customers. One of the major advantages for consumers is that they can easily place their orders online or through a phone call. This allows them to have the necessary medications and treatments for their pets directly delivered to their homes, avoiding potential stress factors that a visit to the veterinarian would trigger. Petmed Express offers a wide range of products for pets, including medications for various types of animal diseases and injuries. Special preparations are available for many conditions in the areas of heart, digestion, kidneys and metabolism, skin, as well as anxiety and stress management. In addition, 1800-PetMeds offers subsidized medications for older pets or those with chronic illnesses. In addition to prescription medications and supplements, Petmed Express also offers a wide range of pet supplies. This includes dog food, cat food, treats, toys, beds, grooming and hygiene items. Petmed Express also has a unique program that is not found in e-commerce called the 'Petscription' program. This is a program where members have the advantage of obtaining medications prescribed directly by veterinarians at a lower price than at their local veterinarians. This program is a major competitive advantage for 1800-PetMeds. In recent years, the company has made significant progress in improving accessibility. The establishment of a mobile shopping center in various locations in the US and the program to support animal welfare organizations have promoted the growth of Petmed. Thanks to its decades of experience and numerous partnerships in the animal health industry, Petmed Express has established a solid position in the industry. The company is one of the largest online pharmacies for pets in the US and is known for its dedicated team of professionals who are available 24/7 to assist customers with any questions and concerns. Overall, Petmed Express is an innovative company that has made a name for itself through its business model, wide range of products, and commitment to the protection and health of animals. Petmed Express Inc. has experienced tremendous growth in recent years and remains on track to continue growing and continuing its commitment to animal health and wellbeing. Petmed Express ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Petmed Express's Liabilities

Petmed Express's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Petmed Express's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Petmed Express's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Petmed Express's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Petmed Express’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Petmed Express stock

What is the level of liabilities of Petmed Express this year?

Petmed Express has a debt balance of 73.15 M USD this year.

What were the liabilities of Petmed Express compared to the previous year?

The liabilities of Petmed Express have increased by 114.52% increased compared to the previous year.

What are the consequences of high debt for investors of Petmed Express?

High liabilities can pose a risk for investors of Petmed Express, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Petmed Express?

Low liabilities mean that Petmed Express has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Petmed Express affect the company?

An increase in liabilities of Petmed Express can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Petmed Express affect the company?

A decrease in the liabilities of Petmed Express can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Petmed Express?

Some factors that can influence the liabilities of Petmed Express include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Petmed Express so important for investors?

The liabilities of Petmed Express are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Petmed Express take to modify the liabilities?

To change its liabilities, Petmed Express can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Petmed Express pay?

Over the past 12 months, Petmed Express paid a dividend of 1.2 USD . This corresponds to a dividend yield of about 20.94 %. For the coming 12 months, Petmed Express is expected to pay a dividend of 0.09 USD.

What is the dividend yield of Petmed Express?

The current dividend yield of Petmed Express is 20.94 %.

When does Petmed Express pay dividends?

Petmed Express pays a quarterly dividend. This is distributed in the months of December, March, July, September.

How secure is the dividend of Petmed Express?

Petmed Express paid dividends every year for the past 1 years.

What is the dividend of Petmed Express?

For the upcoming 12 months, dividends amounting to 0.09 USD are expected. This corresponds to a dividend yield of 1.53 %.

In which sector is Petmed Express located?

Petmed Express is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Petmed Express kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Petmed Express from 8/18/2023 amounting to 0.3 USD, you needed to have the stock in your portfolio before the ex-date on 8/11/2023.

When did Petmed Express pay the last dividend?

The last dividend was paid out on 8/18/2023.

What was the dividend of Petmed Express in the year 2023?

In the year 2023, Petmed Express distributed 1.2 USD as dividends.

In which currency does Petmed Express pay out the dividend?

The dividends of Petmed Express are distributed in USD.