| 0NYH Stock | | | 16.03 0.17 1.07% |
Ebro Foods financial indicator trend analysis is much more than just examining Ebro Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ebro Foods is a good investment. Please check the relationship between Ebro Foods Retained Earnings and its Total Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ebro Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Retained Earnings vs Total Stockholder Equity
Retained Earnings vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ebro Foods Retained Earnings account and
Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ebro Foods' Retained Earnings and Total Stockholder Equity is 0.95. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Ebro Foods, assuming nothing else is changed. The correlation between historical values of Ebro Foods' Retained Earnings and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Ebro Foods are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Retained Earnings i.e., Ebro Foods' Retained Earnings and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Ebro Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ebro Foods 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ebro Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to drop to about 47
M in 2024.
Selling General Administrative is likely to drop to about 502.7
M in 2024
Ebro Foods fundamental ratios Correlations
Click cells to compare fundamentals
Ebro Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ebro Foods fundamental ratios Accounts
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Additional Tools for Ebro Stock Analysis
When running Ebro Foods' price analysis, check to
measure Ebro Foods' 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 Ebro Foods is operating at the current time. Most of Ebro Foods' value examination focuses on studying past and present price action to
predict the probability of Ebro Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ebro Foods' price. Additionally, you may evaluate how the addition of Ebro Foods to your portfolios can decrease your overall portfolio volatility.