Cal Other Current Assets from 2010 to 2024

CALM Stock  USD 97.15  0.53  0.55%   
Cal Maine Other Current Assets yearly trend continues to be very stable with very little volatility. Other Current Assets are likely to drop to about 5 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1996-08-31
Previous Quarter
5.2 M
Current Value
14.2 M
Quarterly Volatility
53.4 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cal Maine financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cal Maine's main balance sheet or income statement drivers, such as Depreciation And Amortization of 84.3 M, Interest Expense of 521.5 K or Selling General Administrative of 92.2 M, as well as many indicators such as Price To Sales Ratio of 1.16, Dividend Yield of 0.0146 or PTB Ratio of 2.82. Cal financial statements analysis is a perfect complement when working with Cal Maine Valuation or Volatility modules.
  
Check out the analysis of Cal Maine Correlation against competitors.

Latest Cal Maine's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Cal Maine Foods over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Cal Maine's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cal Maine's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Cal Other Current Assets Regression Statistics

Arithmetic Mean51,147,340
Geometric Mean14,960,573
Coefficient Of Variation141.98
Mean Deviation56,323,195
Median5,380,000
Standard Deviation72,616,515
Sample Variance5273.2T
Range258.9M
R-Value(0.61)
Mean Square Error3551.2T
R-Squared0.37
Significance0.02
Slope(9,938,926)
Total Sum of Squares73824.2T

Cal Other Current Assets History

2024M
20235.2 M
20225.4 M
20214.3 M
20205.4 M
20194.4 M
20184.3 M

About Cal Maine Financial Statements

Cal Maine investors utilize fundamental indicators, such as Other Current Assets, to predict how Cal Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets5.2 MM

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Cal Maine Foods is a strong investment it is important to analyze Cal Maine's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cal Maine's future performance. For an informed investment choice regarding Cal Stock, refer to the following important reports:
Check out the analysis of Cal Maine Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Packaged Foods & Meats 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 Cal Maine. If investors know Cal 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 Cal Maine 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
159.9
Dividend Share
2.902
Earnings Share
8.73
Revenue Per Share
54.437
Quarterly Revenue Growth
0.711
The market value of Cal Maine Foods is measured differently than its book value, which is the value of Cal that is recorded on the company's balance sheet. Investors also form their own opinion of Cal Maine's value that differs from its market value or its book value, called intrinsic value, which is Cal Maine'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 Cal Maine's market value can be influenced by many factors that don't directly affect Cal Maine'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 Cal Maine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cal Maine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cal Maine'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.