ConAgra Net Income From Continuing Ops vs Income Before Tax Analysis

CAG Stock

USD 25.28 0.30 1.20%

ConAgra Foods financial indicator trend analysis is way more than just evaluating ConAgra Foods prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ConAgra Foods is a good investment. Please check the relationship between ConAgra Foods Net Income From Continuing Ops and its Income Before Tax accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConAgra 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 nation.

For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.

Net Income From Continuing Ops vs Income Before Tax

Net Income From Continuing Ops vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ConAgra Foods Net Income From Continuing Ops account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.

The correlation between ConAgra Foods' Net Income From Continuing Ops and Income Before Tax is 0.84. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of ConAgra Foods, assuming nothing else is changed. The correlation between historical values of ConAgra Foods' Net Income From Continuing Ops and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of ConAgra Foods are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Income From Continuing Ops i.e., ConAgra Foods' Net Income From Continuing Ops and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Income From Continuing Ops

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on ConAgra Foods income statement and is an important metric when analyzing ConAgra Foods profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most indicators from ConAgra Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ConAgra 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 ConAgra 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 nation.

For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.At this time, ConAgra Foods' Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years. The ConAgra Foods' current Enterprise Value is estimated to increase to about 12.9 B, while Selling General Administrative is projected to decrease to roughly 2.1 B.

	2022	2023	2024	2025 (projected)
Gross Profit	3.3B	3.3B	3.8B	3.3B
Total Revenue	12.3B	12.1B	10.8B	12.7B

Gross Profit Total Revenue

ConAgra Foods fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Common Stock Total Equity
Total Assets		0.97	0.05	0.79	0.8	0.71	0.9	0.76	-0.07	0.91	0.5	-0.07	0.53	0.78	0.94	0.69	0.03	0.26	0.97	0.5	0.55	0.54	0.92	0.6	0.72	0.74
Short Long Term Debt Total	0.97		0.09	0.74	0.7	0.7	0.91	0.64	-0.01	0.86	0.43	-0.01	0.58	0.66	0.98	0.68	0.08	0.27	0.98	0.42	0.57	0.48	0.93	0.59	0.64	0.65
Other Current Liab	0.05	0.09		0.0	0.01	0.09	0.16	0.07	-0.61	0.09	-0.13	-0.61	0.27	-0.21	0.13	0.15	0.34	-0.04	0.11	0.05	0.05	-0.21	0.26	0.35	-0.15	-0.15
Total Current Liabilities	0.79	0.74	0.0		0.67	0.65	0.71	0.7	-0.09	0.73	0.56	-0.09	0.53	0.64	0.66	0.75	0.14	0.09	0.77	0.41	0.61	0.85	0.66	0.58	0.62	0.61
Total Stockholder Equity	0.8	0.7	0.01	0.67		0.48	0.85	0.94	-0.26	0.95	0.58	-0.26	0.24	0.92	0.61	0.51	-0.31	0.43	0.7	0.74	0.31	0.54	0.73	0.46	0.6	0.68
Property Plant And Equipment Net	0.71	0.7	0.09	0.65	0.48		0.7	0.59	-0.05	0.63	-0.09	-0.05	0.85	0.54	0.75	0.93	0.56	-0.2	0.79	0.59	0.91	0.36	0.55	0.34	0.69	0.69
Net Debt	0.9	0.91	0.16	0.71	0.85	0.7		0.79	-0.13	0.97	0.41	-0.13	0.57	0.75	0.87	0.7	-0.01	0.33	0.92	0.64	0.59	0.47	0.9	0.54	0.59	0.65
Retained Earnings	0.76	0.64	0.07	0.7	0.94	0.59	0.79		-0.34	0.88	0.49	-0.34	0.34	0.9	0.57	0.59	-0.06	0.1	0.67	0.76	0.4	0.54	0.65	0.32	0.75	0.82
Cash	-0.07	-0.01	-0.61	-0.09	-0.26	-0.05	-0.13	-0.34		-0.15	-0.01	1.0	-0.01	-0.05	0.06	-0.21	0.03	-0.08	0.02	-0.39	0.14	-0.12	-0.08	-0.34	0.08	0.04
Non Current Assets Total	0.91	0.86	0.09	0.73	0.95	0.63	0.97	0.88	-0.15		0.53	-0.15	0.44	0.86	0.81	0.62	-0.13	0.37	0.87	0.68	0.48	0.5	0.89	0.52	0.65	0.71
Non Currrent Assets Other	0.5	0.43	-0.13	0.56	0.58	-0.09	0.41	0.49	-0.01	0.53		-0.01	-0.11	0.47	0.32	0.04	-0.45	0.34	0.38	0.02	-0.09	0.49	0.54	0.41	0.32	0.32
Cash And Short Term Investments	-0.07	-0.01	-0.61	-0.09	-0.26	-0.05	-0.13	-0.34	1.0	-0.15	-0.01		-0.01	-0.05	0.06	-0.21	0.03	-0.08	0.02	-0.39	0.14	-0.12	-0.08	-0.34	0.08	0.04
Net Receivables	0.53	0.58	0.27	0.53	0.24	0.85	0.57	0.34	-0.01	0.44	-0.11	-0.01		0.19	0.66	0.86	0.68	-0.2	0.67	0.3	0.94	0.17	0.49	0.42	0.41	0.38
Common Stock Shares Outstanding	0.78	0.66	-0.21	0.64	0.92	0.54	0.75	0.9	-0.05	0.86	0.47	-0.05	0.19		0.59	0.46	-0.22	0.23	0.68	0.69	0.31	0.55	0.63	0.25	0.76	0.84
Non Current Liabilities Total	0.94	0.98	0.13	0.66	0.61	0.75	0.87	0.57	0.06	0.81	0.32	0.06	0.66	0.59		0.69	0.22	0.15	0.98	0.36	0.65	0.32	0.92	0.54	0.66	0.65
Inventory	0.69	0.68	0.15	0.75	0.51	0.93	0.7	0.59	-0.21	0.62	0.04	-0.21	0.86	0.46	0.69		0.49	-0.06	0.75	0.56	0.91	0.48	0.55	0.51	0.55	0.55
Other Current Assets	0.03	0.08	0.34	0.14	-0.31	0.56	-0.01	-0.06	0.03	-0.13	-0.45	0.03	0.68	-0.22	0.22	0.49		-0.72	0.19	-0.09	0.65	-0.15	-0.01	-0.07	0.28	0.2
Other Stockholder Equity	0.26	0.27	-0.04	0.09	0.43	-0.2	0.33	0.1	-0.08	0.37	0.34	-0.08	-0.2	0.23	0.15	-0.06	-0.72		0.17	0.23	-0.23	0.2	0.34	0.56	-0.36	-0.27
Total Liab	0.97	0.98	0.11	0.77	0.7	0.79	0.92	0.67	0.02	0.87	0.38	0.02	0.67	0.68	0.98	0.75	0.19	0.17		0.45	0.68	0.46	0.93	0.57	0.7	0.7
Property Plant And Equipment Gross	0.5	0.42	0.05	0.41	0.74	0.59	0.64	0.76	-0.39	0.68	0.02	-0.39	0.3	0.69	0.36	0.56	-0.09	0.23	0.45		0.38	0.33	0.36	0.32	0.39	0.51
Total Current Assets	0.55	0.57	0.05	0.61	0.31	0.91	0.59	0.4	0.14	0.48	-0.09	0.14	0.94	0.31	0.65	0.91	0.65	-0.23	0.68	0.38		0.29	0.45	0.31	0.53	0.51
Short Term Debt	0.54	0.48	-0.21	0.85	0.54	0.36	0.47	0.54	-0.12	0.5	0.49	-0.12	0.17	0.55	0.32	0.48	-0.15	0.2	0.46	0.33	0.29		0.34	0.37	0.37	0.4
Intangible Assets	0.92	0.93	0.26	0.66	0.73	0.55	0.9	0.65	-0.08	0.89	0.54	-0.08	0.49	0.63	0.92	0.55	-0.01	0.34	0.93	0.36	0.45	0.34		0.63	0.56	0.57
Accounts Payable	0.6	0.59	0.35	0.58	0.46	0.34	0.54	0.32	-0.34	0.52	0.41	-0.34	0.42	0.25	0.54	0.51	-0.07	0.56	0.57	0.32	0.31	0.37	0.63		0.0	0.01
Common Stock	0.72	0.64	-0.15	0.62	0.6	0.69	0.59	0.75	0.08	0.65	0.32	0.08	0.41	0.76	0.66	0.55	0.28	-0.36	0.7	0.39	0.53	0.37	0.56	0.0		0.99
Common Stock Total Equity	0.74	0.65	-0.15	0.61	0.68	0.69	0.65	0.82	0.04	0.71	0.32	0.04	0.38	0.84	0.65	0.55	0.2	-0.27	0.7	0.51	0.51	0.4	0.57	0.01	0.99

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ConAgra Foods Account Relationship Matchups

ConAgra Foods fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	22.2B	22.4B	22.1B	20.9B	24.0B	14.3B
Short Long Term Debt Total	9.0B	9.0B	9.2B	8.7B	10.0B	5.1B
Other Current Liab	919.8M	739.5M	656M	739.8M	665.8M	886.8M
Total Current Liabilities	3.3B	3.5B	4.4B	3.2B	2.9B	2.7B
Total Stockholder Equity	8.6B	8.9B	8.8B	8.4B	9.7B	10.2B
Property Plant And Equipment Net	2.6B	2.7B	2.8B	3.1B	3.5B	2.8B
Net Debt	8.9B	8.9B	9.1B	8.6B	9.9B	10.4B
Retained Earnings	6.3B	6.6B	6.6B	6.3B	7.2B	7.6B
Cash	79.2M	83.3M	93.9M	77.7M	89.4M	84.9M
Non Current Assets Total	19.5B	19.4B	18.7B	17.7B	20.4B	21.4B
Non Currrent Assets Other	1.4B	1.5B	1.5B	416.3M	478.7M	637.1M
Cash And Short Term Investments	79.2M	83.3M	93.9M	77.7M	89.4M	84.9M
Net Receivables	793.9M	867.4M	965.4M	871.8M	784.6M	875.2M
Common Stock Shares Outstanding	487.8M	482.2M	480.7M	480M	552M	497.3M
Liabilities And Stockholders Equity	22.2B	22.4B	22.1B	20.9B	24.0B	14.3B
Non Current Liabilities Total	10.3B	10.1B	8.8B	9.1B	10.5B	5.9B
Inventory	1.7B	1.9B	2.2B	2.1B	1.9B	1.8B
Other Current Assets	165.1M	116.3M	126.7M	117M	105.3M	100.0M
Other Stockholder Equity	(558.2M)	(673M)	(739.4M)	(721.6M)	(649.4M)	(681.9M)
Total Liab	13.6B	13.6B	13.2B	12.4B	14.2B	9.6B
Property Plant And Equipment Gross	2.6B	5.9B	2.8B	6.6B	7.6B	7.9B
Total Current Assets	2.7B	3.0B	3.4B	3.1B	2.8B	3.3B
Accumulated Other Comprehensive Income	5.8M	(11.2M)	(44.4M)	(35.5M)	(40.8M)	(42.9M)
Short Term Debt	730.5M	891.6M	2.3B	1.0B	1.2B	643.8M
Intangible Assets	4.2B	3.9B	3.2B	2.7B	3.1B	2.6B
Accounts Payable	1.7B	1.9B	1.5B	1.5B	1.3B	1.2B
Other Liab	2.0B	2.0B	1.8B	2.0B	2.3B	1.4B
Other Assets	101.7M	323.6M	1.5B	311.8M	358.6M	340.6M
Long Term Debt	8.3B	8.1B	7.1B	7.5B	8.6B	6.0B
Good Will	11.4B	11.3B	11.2B	10.6B	12.2B	6.8B
Treasury Stock	(2.8B)	(2.7B)	(3.0B)	(3.0B)	(2.7B)	(2.8B)
Property Plant Equipment	2.4B	2.8B	2.7B	2.8B	2.5B	2.3B
Noncontrolling Interest In Consolidated Entity	74.6M	79.6M	74.5M	70.5M	81.1M	71.8M
Retained Earnings Total Equity	5.5B	6.3B	6.6B	6.6B	7.6B	4.8B
Net Tangible Assets	(7.9B)	(7.0B)	(6.3B)	8.7B	7.9B	8.3B

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When determining whether ConAgra Foods is a strong investment it is important to analyze ConAgra Foods' 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 ConAgra Foods' future performance. For an informed investment choice regarding ConAgra Stock, refer to the following important reports:

How To Invest In ConAgra

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Is ConAgra Stock a good investment?

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What is ConAgra Foods' Net Worth?

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Largest Packaged Foods & Meats Companies

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Largest Food, Beverage & Tobacco Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConAgra 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 nation.

For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.

You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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 ConAgra Foods. If investors know ConAgra 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 ConAgra Foods 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

(0.01)

Dividend Share

1.4

Earnings Share

1.03

Revenue Per Share

24.922

Quarterly Revenue Growth

(0)

The market value of ConAgra Foods is measured differently than its book value, which is the value of ConAgra that is recorded on the company's balance sheet. Investors also form their own opinion of ConAgra Foods' value that differs from its market value or its book value, called intrinsic value, which is ConAgra Foods' 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 ConAgra Foods' market value can be influenced by many factors that don't directly affect ConAgra Foods' 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 ConAgra Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if ConAgra Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConAgra Foods' 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.

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ConAgra Net Income From Continuing Ops vs Income Before Tax Analysis

Net Income From Continuing Ops vs Income Before Tax

Net Income From Continuing Ops vs Income Before Tax Correlation Analysis

Correlation Coefficient

Net Income From Continuing Ops

Income Before Tax

ConAgra Foods fundamental ratios Correlations

ConAgra Foods Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ConAgra Foods fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock Total Equity	+ 0.99	Common Stock
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.98	Non Current Liabilities Total
Short Long Term Debt Total	+ 0.97	Total Assets

Other Stockholder Equity	- 0.72	Other Current Assets
Cash And Short Term Investments	- 0.61	Other Current Liab
Cash	- 0.61	Other Current Liab
Other Current Assets	- 0.45	Non Currrent Assets Other
Property Plant And Equipment Gross	- 0.39	Cash And Short Term Investments
Property Plant And Equipment Gross	- 0.39	Cash