Farm Net Receivables vs Other Stockholder Equity Analysis
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 Net Receivables and its Other Stockholder Equity 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.
Net Receivables vs Other Stockholder Equity
Net Receivables vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Farm Pride Foods Net Receivables account and Other Stockholder Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Farm Pride's Net Receivables and Other Stockholder Equity is 0.03. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Stockholder Equity 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 Net Receivables and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Farm Pride Foods are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Receivables i.e., Farm Pride's Net Receivables and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Receivables
Other Stockholder Equity
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
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 83.5M | 89.3M | 91.5M | 78.6M | Interest Expense | 2.2M | 2.5M | 3.2M | 3.4M |
Farm Pride fundamental ratios Correlations
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Farm Pride Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Farm Pride fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 92.1M | 72.0M | 58.7M | 55.9M | 60.8M | 56.3M | |
Other Current Liab | 3.8M | 3.7M | 6.7M | 4.9M | 4.3M | 2.5M | |
Total Current Liabilities | 19.7M | 16.5M | 18.9M | 19.7M | 22.7M | 18.8M | |
Total Stockholder Equity | 41.1M | 29.1M | 9.4M | 5.1M | 2.8M | 2.7M | |
Property Plant And Equipment Net | 63.7M | 43.0M | 36.0M | 28.5M | 35.2M | 31.9M | |
Net Debt | 31.1M | 28.8M | 32.7M | 32.6M | 41.6M | 43.7M | |
Retained Earnings | 11.5M | (433K) | (20.2M) | (29.3M) | (31.7M) | (30.1M) | |
Accounts Payable | 11.5M | 8.8M | 7.7M | 11.3M | 10.3M | 11.4M | |
Cash | 4.4M | 1.3M | 2.2M | 2.0M | 1.7M | 1.1M | |
Non Current Assets Total | 67.0M | 48.8M | 36.0M | 28.5M | 35.2M | 33.6M | |
Cash And Short Term Investments | 4.4M | 1.3M | 2.2M | 2.0M | 1.7M | 1.6M | |
Net Receivables | 7.4M | 6.1M | 7.9M | 8.6M | 12.0M | 9.1M | |
Liabilities And Stockholders Equity | 92.1M | 72.0M | 58.7M | 55.9M | 60.8M | 56.3M | |
Non Current Liabilities Total | 31.3M | 26.4M | 30.5M | 31.2M | 35.3M | 37.0M | |
Inventory | 12.4M | 12.1M | 10.7M | 14.2M | 11.2M | 8.6M | |
Other Current Assets | 812K | 3.6M | 1.9M | 2.6M | 677K | 1.1M | |
Other Stockholder Equity | (41.1M) | (29.1M) | (9.4M) | (5.0M) | (4.5M) | (4.3M) | |
Total Liab | 51.0M | 42.9M | 49.4M | 50.9M | 58.0M | 30.9M | |
Property Plant And Equipment Gross | 60.6M | 92.1M | 97.0M | 94.7M | 97.1M | 101.9M | |
Total Current Assets | 25.1M | 23.2M | 22.7M | 27.4M | 25.6M | 22.3M | |
Accumulated Other Comprehensive Income | (35.4M) | 0.0 | (49.1M) | 71K | 187K | 196.4K | |
Short Long Term Debt Total | 35.5M | 30.1M | 34.8M | 34.5M | 43.3M | 45.4M | |
Current Deferred Revenue | (4.4M) | (4.0M) | (4.5M) | (3.5M) | 5.6M | 5.9M | |
Short Term Debt | 4.4M | 4.0M | 4.5M | 3.5M | 8.1M | 4.9M | |
Long Term Debt | 19.4M | 18.7M | 11.6M | 15.6M | 12.7M | 9.6M | |
Property Plant Equipment | 60.6M | 42.6M | 35.6M | 28.5M | 32.8M | 33.1M | |
Non Currrent Assets Other | 3.1M | (1.0) | (36.0M) | (28.5M) | 433K | 454.7K | |
Other Assets | 1.3M | 2.7M | 6.4M | 1.0 | 403K | 0.0 | |
Net Tangible Assets | 41.1M | 29.1M | 9.4M | 5.1M | 4.5M | 4.3M | |
Long Term Debt Total | 31.1M | 26.2M | 30.3M | 31.1M | 35.7M | 37.5M | |
Capital Lease Obligations | 16.0M | 11.4M | 23.2M | 18.7M | 26.2M | 27.5M | |
Net Invested Capital | 60.6M | 47.9M | 20.9M | 20.9M | 19.9M | 33.4M |
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When running Farm Pride's price analysis, check to 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.