Fertilizers Capital Expenditures vs Change To Inventory Analysis

FACT Stock   1,003  108.15  12.08%   
Fertilizers financial indicator trend analysis is much more than just examining Fertilizers and Chemicals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fertilizers and Chemicals is a good investment. Please check the relationship between Fertilizers Capital Expenditures and its Change To Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fertilizers and Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Capital Expenditures vs Change To Inventory

Capital Expenditures vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fertilizers and Chemicals Capital Expenditures account and Change To Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Fertilizers' Capital Expenditures and Change To Inventory is -0.5. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Fertilizers and Chemicals, assuming nothing else is changed. The correlation between historical values of Fertilizers' Capital Expenditures and Change To Inventory 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 Fertilizers and Chemicals are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Capital Expenditures i.e., Fertilizers' Capital Expenditures and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Capital Expenditures

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

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Fertilizers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fertilizers and Chemicals 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 Fertilizers and Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Selling General Administrative is likely to drop to about 35.1 M in 2024. Tax Provision is likely to gain to about (975.4 M) in 2024
 2021 2022 2023 2024 (projected)
Interest Expense2.4B2.5B2.4B2.1B
Depreciation And Amortization271.9M301.1M265.7M257.2M

Fertilizers fundamental ratios Correlations

0.230.650.940.780.90.130.820.86-0.020.930.34-0.53-0.510.70.22-0.290.610.99-0.53-0.18-0.350.190.850.910.77
0.23-0.010.27-0.370.090.990.060.03-0.260.160.390.010.590.00.170.070.80.280.01-0.4-0.80.24-0.270.170.05
0.65-0.010.630.530.58-0.130.90.570.00.520.12-0.57-0.40.38-0.50.280.260.64-0.570.17-0.07-0.260.540.430.43
0.940.270.630.660.750.170.760.69-0.240.810.34-0.46-0.560.670.17-0.260.690.97-0.46-0.09-0.480.290.760.790.83
0.78-0.370.530.660.81-0.460.690.850.20.790.05-0.43-0.820.630.15-0.330.050.72-0.43-0.030.220.040.980.770.71
0.90.090.580.750.810.00.790.980.40.980.19-0.6-0.450.660.22-0.170.370.82-0.6-0.14-0.25-0.120.840.970.54
0.130.99-0.130.17-0.460.0-0.06-0.06-0.240.070.350.010.66-0.10.220.060.720.180.01-0.42-0.780.26-0.360.1-0.07
0.820.060.90.760.690.79-0.060.770.130.760.15-0.65-0.480.48-0.340.210.340.79-0.65-0.04-0.22-0.280.720.690.56
0.860.030.570.690.850.98-0.060.770.420.940.13-0.57-0.470.590.2-0.160.290.78-0.57-0.15-0.14-0.080.850.930.55
-0.02-0.260.0-0.240.20.4-0.240.130.420.31-0.42-0.290.080.10.030.31-0.39-0.15-0.29-0.120.2-0.670.140.33-0.38
0.930.160.520.810.790.980.070.760.940.310.22-0.56-0.450.710.31-0.250.480.88-0.56-0.23-0.310.00.840.990.61
0.340.390.120.340.050.190.350.150.13-0.420.220.00.10.230.12-0.460.520.380.00.11-0.370.290.110.230.22
-0.530.01-0.57-0.46-0.43-0.60.01-0.65-0.57-0.29-0.560.00.23-0.030.18-0.210.03-0.491.00.190.170.33-0.45-0.52-0.07
-0.510.59-0.4-0.56-0.82-0.450.66-0.48-0.470.08-0.450.10.23-0.48-0.020.280.12-0.50.23-0.2-0.27-0.13-0.82-0.42-0.74
0.70.00.380.670.630.66-0.10.480.590.10.710.23-0.03-0.480.32-0.390.510.7-0.03-0.06-0.10.110.70.720.62
0.220.17-0.50.170.150.220.22-0.340.20.030.310.120.18-0.020.32-0.720.290.210.18-0.24-0.160.610.20.390.19
-0.290.070.28-0.26-0.33-0.170.060.21-0.160.31-0.25-0.46-0.210.28-0.39-0.72-0.23-0.31-0.21-0.04-0.09-0.69-0.34-0.31-0.42
0.610.80.260.690.050.370.720.340.29-0.390.480.520.030.120.510.29-0.230.680.03-0.19-0.750.440.180.480.51
0.990.280.640.970.720.820.180.790.78-0.150.880.38-0.49-0.50.70.21-0.310.68-0.49-0.18-0.40.270.80.850.79
-0.530.01-0.57-0.46-0.43-0.60.01-0.65-0.57-0.29-0.560.01.00.23-0.030.18-0.210.03-0.490.190.170.33-0.45-0.52-0.07
-0.18-0.40.17-0.09-0.03-0.14-0.42-0.04-0.15-0.12-0.230.110.19-0.2-0.06-0.24-0.04-0.19-0.180.190.07-0.08-0.07-0.26-0.04
-0.35-0.8-0.07-0.480.22-0.25-0.78-0.22-0.140.2-0.31-0.370.17-0.27-0.1-0.16-0.09-0.75-0.40.170.07-0.120.07-0.32-0.17
0.190.24-0.260.290.04-0.120.26-0.28-0.08-0.670.00.290.33-0.130.110.61-0.690.440.270.33-0.08-0.120.070.040.47
0.85-0.270.540.760.980.84-0.360.720.850.140.840.11-0.45-0.820.70.2-0.340.180.8-0.45-0.070.070.070.820.76
0.910.170.430.790.770.970.10.690.930.330.990.23-0.52-0.420.720.39-0.310.480.85-0.52-0.26-0.320.040.820.59
0.770.050.430.830.710.54-0.070.560.55-0.380.610.22-0.07-0.740.620.19-0.420.510.79-0.07-0.04-0.170.470.760.59
Click cells to compare fundamentals

Fertilizers Account Relationship Matchups

Fertilizers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.1B33.7B42.6B54.3B58.2B61.1B
Short Long Term Debt Total18.2B18.2B18.4B18.4B18.1B15.4B
Other Current Liab97.0M11.1B14.0B575.0M19.7B20.7B
Total Current Liabilities20.0B33.0B38.2B39.2B42.4B44.5B
Total Stockholder Equity(4.9B)(1.7B)1.9B12.7B13.8B14.4B
Property Plant And Equipment Net3.4B3.4B3.8B9.2B10.5B11.0B
Net Debt17.7B16.4B16.6B17.9B13.8B14.6B
Cash487.2M1.8B1.8B495.8M4.3B4.5B
Non Current Assets Total4.8B4.6B4.9B12.1B13.7B14.4B
Non Currrent Assets Other2K(4.5B)(9.6B)151.8M3.2B3.3B
Cash And Short Term Investments4.7B4.6B2.6B25.1B25.9B27.2B
Net Receivables3.9B3.0B11.4B8.7B6.6B5.7B
Liabilities And Stockholders Equity26.1B33.7B42.6B54.3B58.2B61.1B
Non Current Liabilities Total11.0B2.4B2.5B2.4B2.0B1.9B
Inventory5.6B5.2B6.6B9.8B11.8B6.6B
Other Current Assets7.5B3.4B88.5M31.9B178.6M169.7M
Other Stockholder Equity523K55.4M(4.7B)(11.6B)1.3B1.3B
Total Liab31.0B35.4B40.7B41.6B44.4B29.0B
Total Current Assets21.3B29.1B37.7B42.2B44.5B46.7B
Accounts Payable2.1B3.7B5.8B3.8B4.8B3.6B
Intangible Assets11.1M11.2M7.6M4.6M2.7M2.6M
Current Deferred Revenue8.6B11.4B14.4B16.8B(319.9M)(303.9M)
Retained Earnings(12.1B)(9.1B)(5.5B)5.2B6.0B6.3B
Short Term Investments4.3B2.8B750.6M24.6B21.6B22.7B
Accumulated Other Comprehensive Income744.8M826.3M942.2M1.1B7.3B7.7B
Short Term Debt9.2B17.8B18.0B18.1B17.8B11.4B
Other Liab1.8B2.0B2.0B2.1B2.4B2.0B
Net Tangible Assets(4.9B)(1.8B)1.9B12.7B14.6B15.4B
Other Assets(106K)2K(2K)(4K)406.5M2.9K
Long Term Debt17.9B9.1B153M102M51M0.0
Short Long Term Debt9.2B27.3B18.0B18.0B17.8B11.9B
Property Plant Equipment3.0B3.4B3.8B9.2B10.6B11.1B
Long Term Debt Total9.1B153M398.7M349.6M314.6M298.9M
Cash And Equivalents307.1M1.5B1.8B493.3M567.3M767.6M
Net Invested Capital13.3B25.7B19.9B30.8B31.5B21.3B
Non Current Liabilities Other69.2M62.8M56.5M112.9M97.4M87.4M
Net Working Capital1.3B(4.4B)(856.0M)3.0B2.1B2.2B

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