Edita Non Currrent Assets Other vs Retained Earnings Analysis

EFID Stock   2.00  0.00  0.00%   
Edita Food financial indicator trend analysis is much more than just examining Edita Food Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Edita Food Industries is a good investment. Please check the relationship between Edita Food Non Currrent Assets Other and its Retained Earnings accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edita Food Industries. 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.

Non Currrent Assets Other vs Retained Earnings

Non Currrent Assets Other vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edita Food Industries Non Currrent Assets Other account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Edita Food's Non Currrent Assets Other and Retained Earnings is -0.75. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Edita Food Industries, assuming nothing else is changed. The correlation between historical values of Edita Food's Non Currrent Assets Other and Retained Earnings 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 Currrent Assets Other of Edita Food Industries are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Currrent Assets Other i.e., Edita Food's Non Currrent Assets Other and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

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.
Most indicators from Edita Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Edita Food Industries 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edita Food Industries. 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.
Selling General Administrative is likely to gain to about 810.4 M in 2024. Tax Provision is likely to gain to about 571.2 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense83.5M110.7M211.9M222.5M
Depreciation And Amortization195.5M229.2M282.8M166.6M

Edita Food fundamental ratios Correlations

0.990.950.990.860.84-0.510.751.00.970.830.84-0.720.940.670.890.620.840.960.96-0.811.00.990.980.820.64
0.990.940.980.860.86-0.480.80.980.940.780.86-0.660.920.730.880.630.860.950.94-0.770.990.990.960.840.7
0.950.940.930.830.84-0.550.720.950.880.780.84-0.690.910.660.820.630.840.890.87-0.840.950.940.920.750.63
0.990.980.930.830.79-0.520.680.990.980.880.79-0.770.940.60.910.570.790.980.98-0.840.990.981.00.810.56
0.860.860.830.830.96-0.480.860.870.790.590.96-0.60.860.780.660.750.960.760.78-0.690.850.870.830.960.69
0.840.860.840.790.96-0.390.930.830.730.491.0-0.470.780.890.660.731.00.720.71-0.60.840.850.770.90.82
-0.51-0.48-0.55-0.52-0.48-0.39-0.29-0.55-0.43-0.5-0.390.72-0.57-0.21-0.39-0.36-0.38-0.52-0.490.59-0.5-0.55-0.54-0.5-0.19
0.750.80.720.680.860.93-0.290.730.610.280.93-0.30.680.960.510.810.920.590.6-0.420.740.770.650.860.94
1.00.980.950.990.870.83-0.550.730.970.840.83-0.750.960.640.870.650.820.960.96-0.830.990.990.990.840.6
0.970.940.880.980.790.73-0.430.610.970.910.73-0.770.910.530.920.480.730.980.98-0.810.970.950.980.750.48
0.830.780.780.880.590.49-0.50.280.840.910.48-0.80.790.190.890.190.50.920.91-0.860.830.80.890.540.12
0.840.860.840.790.961.0-0.390.930.830.730.48-0.470.780.890.650.740.990.710.71-0.590.840.850.770.90.83
-0.72-0.66-0.69-0.77-0.6-0.470.72-0.3-0.75-0.77-0.8-0.47-0.75-0.25-0.61-0.33-0.47-0.79-0.810.84-0.72-0.72-0.79-0.59-0.2
0.940.920.910.940.860.78-0.570.680.960.910.790.78-0.750.550.750.750.770.880.91-0.850.930.950.950.840.52
0.670.730.660.60.780.89-0.210.960.640.530.190.89-0.250.550.480.680.890.530.52-0.310.670.680.560.750.98
0.890.880.820.910.660.66-0.390.510.870.920.890.65-0.610.750.480.240.660.950.9-0.690.90.870.90.610.42
0.620.630.630.570.750.73-0.360.810.650.480.190.74-0.330.750.680.240.70.420.48-0.430.60.670.560.760.7
0.840.860.840.790.961.0-0.380.920.820.730.50.99-0.470.770.890.660.70.720.71-0.610.830.840.760.890.81
0.960.950.890.980.760.72-0.520.590.960.980.920.71-0.790.880.530.950.420.720.99-0.820.970.950.980.740.47
0.960.940.870.980.780.71-0.490.60.960.980.910.71-0.810.910.520.90.480.710.99-0.860.960.940.990.780.47
-0.81-0.77-0.84-0.84-0.69-0.60.59-0.42-0.83-0.81-0.86-0.590.84-0.85-0.31-0.69-0.43-0.61-0.82-0.86-0.81-0.78-0.86-0.67-0.26
1.00.990.950.990.850.84-0.50.740.990.970.830.84-0.720.930.670.90.60.830.970.96-0.810.990.980.810.64
0.990.990.940.980.870.85-0.550.770.990.950.80.85-0.720.950.680.870.670.840.950.94-0.780.990.980.850.65
0.980.960.921.00.830.77-0.540.650.990.980.890.77-0.790.950.560.90.560.760.980.99-0.860.980.980.810.51
0.820.840.750.810.960.9-0.50.860.840.750.540.9-0.590.840.750.610.760.890.740.78-0.670.810.850.810.68
0.640.70.630.560.690.82-0.190.940.60.480.120.83-0.20.520.980.420.70.810.470.47-0.260.640.650.510.68
Click cells to compare fundamentals

Edita Food Account Relationship Matchups

Edita Food fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B3.8B4.2B5.8B7.7B8.1B
Short Long Term Debt Total975.6M1.1B1.2B1.6B2.2B2.3B
Other Current Liab209.1M411.7M220.5M385.1M514.2M539.9M
Total Current Liabilities942.3M969.0M1.2B2.0B2.7B2.9B
Total Stockholder Equity1.6B1.7B2.1B2.7B3.4B1.7B
Property Plant And Equipment Net2.1B2.4B2.2B2.6B3.5B2.0B
Current Deferred Revenue158.2M48.9M289.9M325.1K373.9K355.2K
Net Debt822.0M884.8M1.1B1.1B1.2B734.3M
Retained Earnings1.4B1.6B1.9B2.7B3.3B3.5B
Accounts Payable316.9M148.5M287.6M527.6M800.6M840.7M
Cash153.6M218.3M159.6M494.4M1.0B1.1B
Non Current Assets Total2.2B2.6B2.5B2.9B3.8B2.2B
Non Currrent Assets Other10.9M2.2B846.4M(2.9B)(2.6B)(2.5B)
Cash And Short Term Investments642.1M717.6M1.0B1.4B1.4B1.4B
Short Term Investments488.5M499.2M846.4M894.6M346.4M371.2M
Liabilities And Stockholders Equity3.4B3.8B4.2B5.8B7.7B8.1B
Non Current Liabilities Total841.5M1.0B882.6M1.1B1.6B792.2M
Inventory295.4M315.3M526.5M981.5M1.9B2.0B
Other Current Assets152.0M87.9M192.8M473.8M661.5M694.6M
Other Stockholder Equity45.9M(91.2M)48.4M(235.4M)(211.9M)(201.3M)
Total Liab1.8B2.0B2.1B3.1B4.3B4.5B
Property Plant And Equipment Gross2.1B2.4B3.4B4.0B5.1B5.4B
Total Current Assets1.2B1.2B1.8B2.9B4.0B4.2B
Accumulated Other Comprehensive Income(32.3M)(31.0M)(30.6M)(74.6M)(83.4M)(87.5M)
Short Term Debt313.6M349.8M648.6M823.3M905.0M454.4M
Net Receivables52.2M18.9M26.2M71.5M101.6M106.7M
Intangible Assets168.3M166.6M180.7M186.6M181.8M167.9M
Long Term Debt605.8M743.2M587.6M739.5M1.1B664.1M
Short Long Term Debt306.0M276.1M597.7M746.2M894.5M939.2M
Net Invested Capital2.5B2.8B3.3B4.2B5.4B3.5B
Net Working Capital259.1M226.2M522.2M932.3M1.2B1.3B

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