FRM Stock | | | 0.12 0.01 7.69% |
Farm Pride financial indicator trend analysis is much more than just examining Farm Pride Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Farm Pride Foods is a good investment. Please check the relationship between Farm Pride Cash and its Property Plant And Equipment Net accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Farm Pride 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 board of governors.
Cash vs Property Plant And Equipment Net
Cash vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Farm Pride Foods Cash account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between Farm Pride's Cash and Property Plant And Equipment Net is 0.25. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Farm Pride Foods, assuming nothing else is changed. The correlation between historical values of Farm Pride's Cash and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Farm Pride Foods are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Farm Pride's Cash and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Farm Pride Foods, which is listed under current asset account on Farm Pride Foods balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Farm Pride customers. The amounts must be unrestricted with restricted cash listed in a different Farm Pride account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Farm Pride's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Farm Pride 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Farm Pride 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 board of governors.
Selling General Administrative is likely to drop to about 12.7
M in 2024.
Tax Provision is expected to grow at the current pace this year
Farm Pride fundamental ratios Correlations
Click cells to compare fundamentals
Farm Pride Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Farm Pride fundamental ratios Accounts
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Additional Tools for Farm Stock Analysis
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measure Farm Pride's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Farm Pride is operating at the current time. Most of Farm Pride's value examination focuses on studying past and present price action to
predict the probability of Farm Pride's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Farm Pride's price. Additionally, you may evaluate how the addition of Farm Pride to your portfolios can decrease your overall portfolio volatility.