Central Non Current Assets Total vs Total Current Liabilities Analysis
CENTA Stock | USD 34.13 0.37 1.10% |
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 Non Current Assets Total and its Total Current Liabilities 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.
Non Current Assets Total vs Total Current Liabilities
Non Current Assets Total vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Central Garden Pet Non Current Assets Total account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Central Garden's Non Current Assets Total and Total Current Liabilities is 0.84. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Liabilities 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 Non Current Assets Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Central Garden Pet are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Assets Total i.e., Central Garden's Non Current Assets Total and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Central Garden balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Central Garden Pet are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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 28, 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) | Interest Expense | 58.3M | 57.0M | 57.5M | 37.2M | Depreciation And Amortization | 129.6M | 87.7M | 100.9M | 105.9M |
Central Garden fundamental ratios Correlations
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Central Garden Account Relationship Matchups
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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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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: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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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 1.64 | 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.