Purple Innovation Liabilities 2024

Purple Innovation Aktienanalyse

What does Purple Innovation do?

Purple Innovation Inc is an American company that was founded in Utah in 1989. Originally known as Comfortaire Corporation, the company produced air mattresses. In 2015, the name was changed to Purple Innovation Inc to emphasize the focus on developing innovative products. The company specializes in the production of mattresses and pillows. Purple Innovation mattresses are unique in their construction, consisting of a combination of polymer grid and foam. This provides excellent body support and a comfortable sleep surface. The company also offers a wide range of pillows, bedding, and other products to enhance the sleep experience. One of Purple Innovation's key business models is direct marketing. The company sells its products directly to consumers through the internet and other online sales channels. This allows the company to offer its products at a lower price than traditional retailers. By eliminating intermediaries, the company can also maintain control over product quality and reduce costs. The company has also formed partnerships with retailers and e-commerce platforms such as Amazon and Walmart. This allows the company to expand its reach and reach a wider customer base. In addition to mattresses and pillows, Purple Innovation has also developed a line of seat cushions. These cushions are made from the same polymer grid as the mattresses and provide a comfortable and supportive seating surface. These cushions are particularly practical for people who spend long periods of time sitting at a desk, such as office workers or gamers. Purple Innovation is also known for its innovative marketing strategy. The company uses humorous and crazy commercials to attract attention and appeal to customers. An example is the famous commercial with the "Goldie Test," in which actress and comedian Goldie Hawn jumps on a mattress made of polymer grid to demonstrate its quality. The company has also developed concepts in social responsibility. Purple Innovation aims to reduce its environmental impact. The company uses recycled materials to make its mattresses and pillows and promotes efficient production. In summary, Purple Innovation Inc is an innovative company specializing in the development and manufacture of mattresses, pillows, and seat cushions. Their unique polymer grid system provides comfort and support, creating a unique market niche. The company's direct marketing model allows for cost reduction and process control, while the use of online platforms and retailers expands the company's reach. With its humorous and crazy marketing campaigns, the company is also able to stand out from the competition and attract customer attention. Purple Innovation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Purple Innovation's Liabilities

Purple Innovation'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 Purple Innovation's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Purple Innovation'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

Purple Innovation'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 Purple Innovation’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 Purple Innovation Stock

What is the level of liabilities of Purple Innovation this year?

Purple Innovation has a debt balance of 275.2 M USD this year.

What were the liabilities of Purple Innovation compared to the previous year?

The liabilities of Purple Innovation have increased by 6.21% increased compared to the previous year.

What are the consequences of high debt for investors of Purple Innovation?

High liabilities can pose a risk for investors of Purple Innovation, 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 Purple Innovation?

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

How does an increase in liabilities of Purple Innovation affect the company?

An increase in liabilities of Purple Innovation 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 Purple Innovation affect the company?

A decrease in the liabilities of Purple Innovation 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 Purple Innovation?

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

Why is the level of liabilities of Purple Innovation so important for investors?

The liabilities of Purple Innovation 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 Purple Innovation take to modify the liabilities?

To change its liabilities, Purple Innovation 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 Purple Innovation pay?

Over the past 12 months, Purple Innovation paid a dividend of 0 USD . This corresponds to a dividend yield of about 0.1 %. For the coming 12 months, Purple Innovation is expected to pay a dividend of 0 USD.

What is the dividend yield of Purple Innovation?

The current dividend yield of Purple Innovation is 0.1 %.

When does Purple Innovation pay dividends?

Purple Innovation pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Purple Innovation?

Purple Innovation paid dividends every year for the past 0 years.

What is the dividend of Purple Innovation?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0.1 %.

In which sector is Purple Innovation located?

Purple Innovation is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Purple Innovation kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Purple Innovation from 7/1/2023 amounting to 0.001 USD, you needed to have the stock in your portfolio before the ex-date on 4/27/2023.

When did Purple Innovation pay the last dividend?

The last dividend was paid out on 7/1/2023.

What was the dividend of Purple Innovation in the year 2023?

In the year 2023, Purple Innovation distributed 0 USD as dividends.

In which currency does Purple Innovation pay out the dividend?

The dividends of Purple Innovation are distributed in USD.