Fresh Del Monte Stock Current Ratio

FDP Stock

USD 33.97 0.01 0.03%

Fresh Del Monte fundamentals help investors to digest information that contributes to Fresh Del's financial success or failures. It also enables traders to predict the movement of Fresh Stock. The fundamental analysis module provides a way to measure Fresh Del's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fresh Del stock.

		Last Reported	Projected for Next Year
	Current Ratio	1.74	1.64

As of 11/28/2024, Current Ratio is likely to drop to 1.64.

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Fresh Del Monte Company Current Ratio Analysis

Fresh Del's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Fresh Del Current Ratio

1.73 X

Most of Fresh Del's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fresh Del Monte is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Fresh Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Fresh Del is extremely important. It helps to project a fair market value of Fresh Stock properly, considering its historical fundamentals such as Current Ratio. Since Fresh Del's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Fresh Del's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Fresh Del's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Good Will	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Short Term Investments	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.87	0.75	0.89	0.51	0.94	0.86	0.94	0.35	0.52	-0.16	0.42	0.87	0.93	0.55	-0.51	0.14	0.62	0.53	0.29	-0.55	0.01	0.49	-0.51	0.01
Total Stockholder Equity	0.87		0.34	1.0	0.43	0.93	0.5	0.93	0.16	0.14	0.09	-0.06	0.76	0.78	0.24	-0.07	0.21	0.2	0.53	0.16	-0.28	-0.03	0.16	-0.15	0.03
Net Debt	0.75	0.34		0.38	0.34	0.58	0.98	0.58	0.53	0.74	-0.5	0.89	0.61	0.76	0.71	-0.87	-0.03	0.94	0.38	0.45	-0.66	0.0	0.74	-0.71	-0.08
Retained Earnings	0.89	1.0	0.38		0.42	0.92	0.53	0.93	0.15	0.2	0.11	-0.02	0.79	0.78	0.29	-0.1	0.24	0.22	0.48	0.14	-0.31	-0.01	0.18	-0.2	0.07
Accounts Payable	0.51	0.43	0.34	0.42		0.57	0.44	0.53	-0.15	0.38	-0.13	0.33	0.34	0.52	0.04	-0.25	0.02	0.34	0.2	-0.12	-0.52	0.54	0.2	-0.27	0.11
Net Receivables	0.94	0.93	0.58	0.92	0.57		0.7	0.98	0.27	0.27	-0.18	0.24	0.75	0.93	0.36	-0.34	0.04	0.49	0.65	0.28	-0.5	0.0	0.36	-0.29	-0.05
Total Liab	0.86	0.5	0.98	0.53	0.44	0.7		0.7	0.48	0.76	-0.4	0.81	0.73	0.83	0.73	-0.83	0.02	0.89	0.4	0.37	-0.68	0.03	0.69	-0.75	-0.04
Total Current Assets	0.94	0.93	0.58	0.93	0.53	0.98	0.7		0.27	0.3	-0.1	0.23	0.79	0.87	0.31	-0.31	0.11	0.47	0.61	0.32	-0.38	-0.04	0.39	-0.23	-0.01
Short Term Debt	0.35	0.16	0.53	0.15	-0.15	0.27	0.48	0.27		0.0	-0.61	0.33	0.36	0.42	0.47	-0.66	0.19	0.55	0.67	0.88	-0.24	-0.39	0.77	-0.31	-0.77
Intangible Assets	0.52	0.14	0.74	0.2	0.38	0.27	0.76	0.3	0.0		0.01	0.78	0.55	0.38	0.56	-0.63	0.1	0.63	-0.24	-0.11	-0.45	0.21	0.4	-0.75	0.4
Common Stock	-0.16	0.09	-0.5	0.11	-0.13	-0.18	-0.4	-0.1	-0.61	0.01		-0.5	0.11	-0.41	-0.33	0.55	0.25	-0.59	-0.61	-0.6	0.56	0.13	-0.58	0.22	0.56
Long Term Debt	0.42	-0.06	0.89	-0.02	0.33	0.24	0.81	0.23	0.33	0.78	-0.5		0.3	0.47	0.57	-0.85	-0.18	0.91	0.08	0.28	-0.61	0.12	0.64	-0.67	0.02
Good Will	0.87	0.76	0.61	0.79	0.34	0.75	0.73	0.79	0.36	0.55	0.11	0.3		0.68	0.44	-0.52	0.39	0.49	0.31	0.29	-0.27	-0.06	0.48	-0.49	-0.05
Property Plant Equipment	0.93	0.78	0.76	0.78	0.52	0.93	0.83	0.87	0.42	0.38	-0.41	0.47	0.68		0.61	-0.55	-0.02	0.7	0.68	0.33	-0.69	0.02	0.45	-0.53	-0.1
Current Deferred Revenue	0.55	0.24	0.71	0.29	0.04	0.36	0.73	0.31	0.47	0.56	-0.33	0.57	0.44	0.61		-0.63	0.03	0.6	0.22	0.14	-0.56	-0.22	0.39	-0.89	0.0
Net Tangible Assets	-0.51	-0.07	-0.87	-0.1	-0.25	-0.34	-0.83	-0.31	-0.66	-0.63	0.55	-0.85	-0.52	-0.55	-0.63		-0.03	-0.91	-0.35	-0.55	0.59	0.06	-0.83	0.71	0.39
Short Term Investments	0.14	0.21	-0.03	0.24	0.02	0.04	0.02	0.11	0.19	0.1	0.25	-0.18	0.39	-0.02	0.03	-0.03		-0.1	-0.01	0.18	0.17	-0.15	0.16	-0.02	-0.12
Long Term Debt Total	0.62	0.2	0.94	0.22	0.34	0.49	0.89	0.47	0.55	0.63	-0.59	0.91	0.49	0.7	0.6	-0.91	-0.1		0.42	0.51	-0.63	0.0	0.73	-0.62	-0.2
Capital Surpluse	0.53	0.53	0.38	0.48	0.2	0.65	0.4	0.61	0.67	-0.24	-0.61	0.08	0.31	0.68	0.22	-0.35	-0.01	0.42		0.68	-0.31	-0.31	0.45	-0.04	-0.57
Long Term Investments	0.29	0.16	0.45	0.14	-0.12	0.28	0.37	0.32	0.88	-0.11	-0.6	0.28	0.29	0.33	0.14	-0.55	0.18	0.51	0.68		-0.16	-0.47	0.81	0.05	-0.79
Short Long Term Debt	-0.55	-0.28	-0.66	-0.31	-0.52	-0.5	-0.68	-0.38	-0.24	-0.45	0.56	-0.61	-0.27	-0.69	-0.56	0.59	0.17	-0.63	-0.31	-0.16		-0.27	-0.48	0.57	0.15
Cash And Equivalents	0.01	-0.03	0.0	-0.01	0.54	0.0	0.03	-0.04	-0.39	0.21	0.13	0.12	-0.06	0.02	-0.22	0.06	-0.15	0.0	-0.31	-0.47	-0.27		-0.22	-0.12	0.32
Net Invested Capital	0.49	0.16	0.74	0.18	0.2	0.36	0.69	0.39	0.77	0.4	-0.58	0.64	0.48	0.45	0.39	-0.83	0.16	0.73	0.45	0.81	-0.48	-0.22		-0.37	-0.61
Net Working Capital	-0.51	-0.15	-0.71	-0.2	-0.27	-0.29	-0.75	-0.23	-0.31	-0.75	0.22	-0.67	-0.49	-0.53	-0.89	0.71	-0.02	-0.62	-0.04	0.05	0.57	-0.12	-0.37		-0.09
Capital Stock	0.01	0.03	-0.08	0.07	0.11	-0.05	-0.04	-0.01	-0.77	0.4	0.56	0.02	-0.05	-0.1	0.0	0.39	-0.12	-0.2	-0.57	-0.79	0.15	0.32	-0.61	-0.09

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Fresh Current Ratio Historical Pattern

Today, most investors in Fresh Del Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Fresh Del's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Fresh Del current ratio as a starting point in their analysis.

Fresh Del Current Ratio

Timeline

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

Competition

Predict Fresh Del

Current Ratio Over Time

Fresh Price To Sales Ratio

Price To Sales Ratio

0.46

At this time, Fresh Del's Price To Sales Ratio is relatively stable compared to the past year.

In accordance with the recently published financial statements, Fresh Del Monte has a Current Ratio of 1.73 times. This is 13.07% lower than that of the Food Products sector and 53.74% lower than that of the Consumer Staples industry. The current ratio for all United States stocks is 19.91% higher than that of the company.

Fresh Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fresh Del's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fresh Del could also be used in its relative valuation, which is a method of valuing Fresh Del by comparing valuation metrics of similar companies.

Fresh Del is currently under evaluation in current ratio category among its peers.

Fresh Del ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Fresh Del's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fresh Del's managers, analysts, and investors.

Environmental

Governance

Social

Fresh Fundamentals

	Return On Equity	0.0073
	Return On Asset	0.029
	Profit Margin	0 %
	Operating Margin	0.04 %
	Current Valuation	2 B
	Shares Outstanding	47.94 M
	Shares Owned By Insiders	21.94 %
	Shares Owned By Institutions	67.80 %
	Number Of Shares Shorted	385.65 K
	Price To Earning	26.00 X
	Price To Book	0.81 X
	Price To Sales	0.38 X
	Revenue	4.32 B
	Gross Profit	340.2 M
	EBITDA	134.2 M
	Net Income	(1.6 M)
	Cash And Equivalents	17.2 M
	Cash Per Share	0.33 X
	Total Debt	598.2 M
	Debt To Equity	0.33 %
	Current Ratio	1.73 X
	Book Value Per Share	41.54 X
	Cash Flow From Operations	177.9 M
	Short Ratio	1.97 X
	Earnings Per Share	0.32 X
	Price To Earnings To Growth	1.73 X
	Target Price	39.0
	Number Of Employees	31.89 K
	Beta	0.4
	Market Capitalization	1.63 B
	Total Asset	3.18 B
	Retained Earnings	1.34 B
	Working Capital	603.7 M
	Current Asset	985.8 M
	Current Liabilities	381.8 M
	Annual Yield	0.03 %
	Five Year Return	1.42 %
	Net Asset	3.18 B
	Last Dividend Paid	0.95

About Fresh Del Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Fresh Del Monte's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fresh Del using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fresh Del Monte based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Fresh Del

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fresh Del position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fresh Del will appreciate offsetting losses from the drop in the long position's value.

Moving against Fresh Stock

0.92	BUD	Anheuser Busch Inbev	Pair Corr
0.91	EL	Estee Lauder Companies	Pair Corr
0.89	JBSS	John B Sanfilippo	Pair Corr
0.88	KHC	Kraft Heinz Sell-off Trend	Pair Corr
0.79	THS	Treehouse Foods	Pair Corr

The ability to find closely correlated positions to Fresh Del could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fresh Del when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fresh Del - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fresh Del Monte to buy it.

The correlation of Fresh Del is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fresh Del moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fresh Del Monte moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Fresh Del can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Fresh Stock Analysis

When running Fresh Del's price analysis, check to measure Fresh Del's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fresh Del is operating at the current time. Most of Fresh Del's value examination focuses on studying past and present price action to predict the probability of Fresh Del's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fresh Del's price. Additionally, you may evaluate how the addition of Fresh Del to your portfolios can decrease your overall portfolio volatility.

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