Central Capital Expenditures vs Dividends Paid Analysis

CENTA Stock

USD 33.79 0.34 1.00%

Central Garden financial indicator trend analysis is way more than just evaluating Central Garden Pet prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Central Garden Pet is a good investment. Please check the relationship between Central Garden Capital Expenditures and its Dividends Paid accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Central Garden Pet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Capital Expenditures vs Dividends Paid

Capital Expenditures vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Central Garden Pet Capital Expenditures account and Dividends Paid. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Central Garden's Capital Expenditures and Dividends Paid is -0.34. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Central Garden Pet, assuming nothing else is changed. The correlation between historical values of Central Garden's Capital Expenditures and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Central Garden Pet are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Capital Expenditures i.e., Central Garden's Capital Expenditures and Dividends Paid go up and down completely randomly.

Correlation Coefficient

-0.34

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Central Garden Pet to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Central Garden operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Most indicators from Central Garden's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Central Garden Pet 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 Central Garden Pet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

As of November 30, 2024, Selling General Administrative is expected to decline to about 300.9 M. In addition to that, Tax Provision is expected to decline to about 33.7 M

	2021	2022	2023	2024 (projected)
Gross Profit	992.3M	946.8M	943.7M	519.4M
Total Revenue	3.3B	3.3B	3.2B	1.8B

Gross Profit Total Revenue

Central Garden 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	Accounts Payable	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	Good Will	Common Stock
Total Assets		0.99	0.97	0.85	0.99	0.99	0.66	0.98	0.84	0.8	0.98	0.29	0.8	0.76	0.58	0.99	0.96	0.37	0.79	0.99	0.98	0.98	0.72	0.87	0.89	-0.11
Short Long Term Debt Total	0.99		0.94	0.84	0.96	0.99	0.72	0.96	0.84	0.75	0.99	0.32	0.75	0.73	0.53	1.0	0.96	0.32	0.75	1.0	0.99	0.95	0.76	0.87	0.88	-0.14
Other Current Liab	0.97	0.94		0.79	0.97	0.94	0.51	0.96	0.78	0.87	0.92	0.33	0.87	0.7	0.6	0.94	0.87	0.34	0.76	0.95	0.95	0.97	0.62	0.81	0.81	-0.2
Total Current Liabilities	0.85	0.84	0.79		0.81	0.84	0.72	0.8	0.98	0.63	0.84	0.42	0.62	0.88	0.58	0.84	0.8	0.43	0.83	0.86	0.82	0.81	0.78	0.65	0.87	0.08
Total Stockholder Equity	0.99	0.96	0.97	0.81		0.96	0.57	0.98	0.8	0.85	0.94	0.24	0.85	0.76	0.62	0.97	0.93	0.38	0.79	0.97	0.96	0.99	0.65	0.86	0.87	-0.11
Property Plant And Equipment Net	0.99	0.99	0.94	0.84	0.96		0.72	0.96	0.84	0.73	0.99	0.24	0.73	0.72	0.53	0.99	0.97	0.35	0.75	0.99	1.0	0.94	0.77	0.9	0.89	-0.16
Net Debt	0.66	0.72	0.51	0.72	0.57	0.72		0.57	0.71	0.11	0.78	0.24	0.11	0.6	0.42	0.73	0.81	0.37	0.6	0.72	0.68	0.51	0.63	0.66	0.8	0.17
Retained Earnings	0.98	0.96	0.96	0.8	0.98	0.96	0.57		0.77	0.84	0.95	0.24	0.83	0.66	0.46	0.96	0.92	0.34	0.68	0.96	0.97	0.96	0.74	0.9	0.85	-0.27
Accounts Payable	0.84	0.84	0.78	0.98	0.8	0.84	0.71	0.77		0.62	0.83	0.45	0.63	0.91	0.6	0.83	0.8	0.43	0.85	0.86	0.8	0.82	0.77	0.6	0.82	0.14
Cash	0.8	0.75	0.87	0.63	0.85	0.73	0.11	0.84	0.62		0.67	0.26	1.0	0.58	0.44	0.74	0.61	0.15	0.59	0.75	0.75	0.89	0.5	0.6	0.57	-0.27
Non Current Assets Total	0.98	0.99	0.92	0.84	0.94	0.99	0.78	0.95	0.83	0.67		0.31	0.67	0.72	0.52	0.99	0.98	0.39	0.74	0.99	0.98	0.91	0.75	0.89	0.91	-0.12
Non Currrent Assets Other	0.29	0.32	0.33	0.42	0.24	0.24	0.24	0.24	0.45	0.26	0.31		0.26	0.34	0.15	0.29	0.16	0.16	0.24	0.32	0.23	0.26	0.31	-0.12	0.11	0.08
Cash And Short Term Investments	0.8	0.75	0.87	0.62	0.85	0.73	0.11	0.83	0.63	1.0	0.67	0.26		0.58	0.45	0.74	0.61	0.14	0.59	0.75	0.75	0.89	0.49	0.6	0.57	-0.27
Net Receivables	0.76	0.73	0.7	0.88	0.76	0.72	0.6	0.66	0.91	0.58	0.72	0.34	0.58		0.79	0.73	0.73	0.51	0.94	0.76	0.67	0.78	0.54	0.5	0.79	0.45
Common Stock Shares Outstanding	0.58	0.53	0.6	0.58	0.62	0.53	0.42	0.46	0.6	0.44	0.52	0.15	0.45	0.79		0.55	0.57	0.52	0.9	0.55	0.51	0.62	0.05	0.38	0.67	0.44
Non Current Liabilities Total	0.99	1.0	0.94	0.84	0.97	0.99	0.73	0.96	0.83	0.74	0.99	0.29	0.74	0.73	0.55		0.97	0.34	0.76	1.0	0.98	0.95	0.73	0.89	0.9	-0.12
Inventory	0.96	0.96	0.87	0.8	0.93	0.97	0.81	0.92	0.8	0.61	0.98	0.16	0.61	0.73	0.57	0.97		0.41	0.77	0.97	0.95	0.89	0.7	0.92	0.93	-0.03
Other Current Assets	0.37	0.32	0.34	0.43	0.38	0.35	0.37	0.34	0.43	0.15	0.39	0.16	0.14	0.51	0.52	0.34	0.41		0.51	0.36	0.33	0.34	0.19	0.32	0.49	0.27
Other Stockholder Equity	0.79	0.75	0.76	0.83	0.79	0.75	0.6	0.68	0.85	0.59	0.74	0.24	0.59	0.94	0.9	0.76	0.77	0.51		0.77	0.71	0.8	0.4	0.57	0.83	0.39
Total Liab	0.99	1.0	0.95	0.86	0.97	0.99	0.72	0.96	0.86	0.75	0.99	0.32	0.75	0.76	0.55	1.0	0.97	0.36	0.77		0.98	0.95	0.76	0.87	0.89	-0.11
Property Plant And Equipment Gross	0.98	0.99	0.95	0.82	0.96	1.0	0.68	0.97	0.8	0.75	0.98	0.23	0.75	0.67	0.51	0.98	0.95	0.33	0.71	0.98		0.94	0.75	0.91	0.87	-0.24
Total Current Assets	0.98	0.95	0.97	0.81	0.99	0.94	0.51	0.96	0.82	0.89	0.91	0.26	0.89	0.78	0.62	0.95	0.89	0.34	0.8	0.95	0.94		0.65	0.81	0.84	-0.1
Short Term Debt	0.72	0.76	0.62	0.78	0.65	0.77	0.63	0.74	0.77	0.5	0.75	0.31	0.49	0.54	0.05	0.73	0.7	0.19	0.4	0.76	0.75	0.65		0.64	0.6	-0.26
Intangible Assets	0.87	0.87	0.81	0.65	0.86	0.9	0.66	0.9	0.6	0.6	0.89	-0.12	0.6	0.5	0.38	0.89	0.92	0.32	0.57	0.87	0.91	0.81	0.64		0.87	-0.28
Good Will	0.89	0.88	0.81	0.87	0.87	0.89	0.8	0.85	0.82	0.57	0.91	0.11	0.57	0.79	0.67	0.9	0.93	0.49	0.83	0.89	0.87	0.84	0.6	0.87		0.06
Common Stock	-0.11	-0.14	-0.2	0.08	-0.11	-0.16	0.17	-0.27	0.14	-0.27	-0.12	0.08	-0.27	0.45	0.44	-0.12	-0.03	0.27	0.39	-0.11	-0.24	-0.1	-0.26	-0.28	0.06

Click cells to compare fundamentals

Central Garden Account Relationship Matchups

Central Garden fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.3B	3.1B	3.3B	3.4B	3.5B	3.7B
Short Long Term Debt Total	814.1M	1.4B	1.4B	1.4B	1.4B	1.5B
Other Current Liab	167.9M	194.2M	153.7M	216.2M	245.2M	257.5M
Total Current Liabilities	440.3M	522.3M	465.9M	458.0M	515.4M	260.0M
Total Stockholder Equity	1.1B	1.2B	1.3B	1.5B	1.6B	1.6B
Property Plant And Equipment Net	360.5M	494.2M	583.3M	565.3M	584.3M	613.5M
Net Debt	161.4M	930.2M	1.2B	885.7M	666.9M	375.7M
Retained Earnings	510.8M	646.1M	755.3M	859.4M	959.5M	1.0B
Accounts Payable	205.2M	245.5M	215.7M	190.9M	212.6M	138.0M
Cash	652.7M	426.4M	177.4M	488.7M	753.6M	791.2M
Non Current Assets Total	814.1M	1.6B	1.7B	1.7B	1.6B	1.7B
Non Currrent Assets Other	28.7M	575.0M	(130.8M)	62.6M	71.9M	45.4M
Cash And Short Term Investments	652.7M	426.4M	177.4M	488.7M	753.6M	791.2M
Net Receivables	391.8M	385.4M	376.8M	332.9M	326.2M	215.9M
Common Stock Shares Outstanding	54.7M	55.2M	54.4M	53.4M	66.9M	45.6M
Liabilities And Stockholders Equity	2.3B	3.1B	3.3B	3.4B	3.5B	3.7B
Non Current Liabilities Total	821.4M	1.4B	1.5B	1.5B	1.5B	1.6B
Inventory	439.6M	685.2M	938M	838.2M	757.9M	795.8M
Other Current Assets	41.2M	46.6M	61.6M	47.3M	49.1M	33.1M
Other Stockholder Equity	566.9M	576.4M	582.1M	594.4M	598.7M	426.2M
Total Liab	1.3B	1.9B	1.9B	1.9B	1.9B	2.0B
Property Plant And Equipment Gross	360.5M	494.2M	583.3M	565.3M	650.1M	682.6M
Total Current Assets	1.5B	1.5B	1.6B	1.7B	1.9B	2.0B
Accumulated Other Comprehensive Income	(1.4M)	(831K)	(4.1M)	(3.0M)	(2.6M)	(2.8M)
Short Term Debt	67.1M	82.5M	96.5M	50.8M	57.6M	60.4M
Intangible Assets	134.9M	134.4M	543.2M	497.2M	473.3M	496.9M
Good Will	286.1M	290.0M	369.4M	546.4M	551.4M	324.5M
Common Stock	548K	552K	542K	537K	111K	105.5K
Common Stock Total Equity	115K	548K	552K	542K	623.3K	654.5K
Other Liab	57.3M	41.0M	56.0M	147.4M	169.5M	178.0M
Other Assets	37K	24K	31K	110K	99K	94.1K
Long Term Debt	694.0M	1.2B	1.2B	1.2B	1.4B	1.4B
Property Plant Equipment	245.4M	244.7M	494.2M	583.3M	670.8M	704.4M
Net Tangible Assets	563.8M	738.4M	718.4M	244.1M	280.7M	422.9M

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When determining whether Central Garden Pet offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Central Garden's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Central Garden Pet Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Central Garden Pet Stock:

How To Invest In Central

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Is Central Stock a good investment?

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What is Central Garden's Net Worth?

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Largest Household Products Companies

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Largest Household & Personal Products Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Central Garden Pet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Is Household Products 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 Central Garden. If investors know Central 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 Central Garden 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

(0.05)

Earnings Share

1.62

Revenue Per Share

62.57

Quarterly Revenue Growth

(0.03)

Return On Assets

0.0446

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

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Central Capital Expenditures vs Dividends Paid Analysis

Capital Expenditures vs Dividends Paid

Capital Expenditures vs Dividends Paid Correlation Analysis

Correlation Coefficient

Capital Expenditures

Dividends Paid

Central Garden fundamental ratios Correlations

Central Garden Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Central Garden fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Short Long Term Debt Total	+ 0.99	Total Assets

Common Stock	- 0.28	Intangible Assets
Common Stock	- 0.27	Cash And Short Term Investments
Common Stock	- 0.27	Cash
Common Stock	- 0.27	Retained Earnings
Common Stock	- 0.26	Short Term Debt
Common Stock	- 0.24	Property Plant And Equipment Gross