Farm Retained Earnings vs Net Receivables 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 Retained Earnings and its Net Receivables 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.

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Farm Pride Foods Retained Earnings account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Farm Pride's Retained Earnings and Net Receivables is -0.48. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables 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 Retained Earnings and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Farm Pride Foods are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., Farm Pride's Retained Earnings and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.48

Relationship Direction	Negative
Relationship Strength	Very Weak

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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.

Net Receivables

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

Other Operating Expenses Interest Expense

Farm Pride fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Other Liab
Total Assets		0.41	0.34	0.47	0.97	0.39	0.28	0.19	0.2	0.97	0.11	0.01	0.69	0.19	0.33	0.64	0.38	-0.21	0.52	0.33	0.63	0.6	0.37	-0.15	0.16	-0.07
Other Current Liab	0.41		-0.14	0.03	0.33	0.32	-0.1	-0.39	0.28	0.31	0.34	-0.02	0.48	0.2	0.43	0.53	0.55	-0.04	0.44	0.54	0.54	0.5	0.32	0.24	-0.28	-0.39
Total Current Liabilities	0.34	-0.14		-0.05	0.32	0.29	-0.18	0.79	-0.41	0.28	-0.47	0.64	0.57	0.18	-0.05	0.23	-0.19	-0.05	0.42	0.03	0.37	0.52	0.23	-0.67	0.88	-0.17
Total Stockholder Equity	0.47	0.03	-0.05		0.47	-0.61	0.96	-0.05	-0.19	0.44	0.26	-0.37	0.17	-0.6	-0.59	0.42	0.08	0.44	-0.44	-0.56	0.23	-0.02	-0.62	-0.3	-0.11	0.36
Property Plant And Equipment Net	0.97	0.33	0.32	0.47		0.38	0.3	0.14	0.25	0.99	0.01	-0.06	0.6	0.14	0.33	0.59	0.28	-0.26	0.5	0.29	0.45	0.5	0.37	-0.18	0.2	0.07
Net Debt	0.39	0.32	0.29	-0.61	0.38		-0.74	0.11	0.37	0.41	-0.18	0.32	0.38	0.83	0.93	0.13	0.27	-0.62	0.86	0.91	0.24	0.5	1.0	0.24	0.24	-0.38
Retained Earnings	0.28	-0.1	-0.18	0.96	0.3	-0.74		-0.15	-0.16	0.29	0.24	-0.48	-0.09	-0.74	-0.68	0.22	-0.01	0.44	-0.58	-0.69	0.01	-0.28	-0.73	-0.32	-0.16	0.53
Accounts Payable	0.19	-0.39	0.79	-0.05	0.14	0.11	-0.15		-0.4	0.12	-0.38	0.62	0.41	0.12	-0.11	0.04	-0.23	-0.14	0.23	-0.16	0.34	0.36	0.06	-0.45	0.52	-0.2
Cash	0.2	0.28	-0.41	-0.19	0.25	0.37	-0.16	-0.4		0.29	0.47	-0.36	-0.16	0.18	0.58	-0.22	0.12	-0.59	0.4	0.36	-0.07	-0.08	0.45	0.33	-0.35	-0.04
Non Current Assets Total	0.97	0.31	0.28	0.44	0.99	0.41	0.29	0.12	0.29		0.02	-0.12	0.57	0.15	0.36	0.55	0.33	-0.33	0.51	0.32	0.42	0.47	0.4	-0.16	0.17	0.09
Cash And Short Term Investments	0.11	0.34	-0.47	0.26	0.01	-0.18	0.24	-0.38	0.47	0.02		-0.21	-0.03	-0.01	0.05	-0.08	0.08	0.08	-0.15	-0.02	0.36	-0.02	-0.13	0.42	-0.58	-0.26
Net Receivables	0.01	-0.02	0.64	-0.37	-0.06	0.32	-0.48	0.62	-0.36	-0.12	-0.21		0.46	0.52	0.12	0.06	-0.37	0.03	0.37	0.12	0.42	0.55	0.27	0.02	0.45	-0.55
Common Stock Total Equity	0.69	0.48	0.57	0.17	0.6	0.38	-0.09	0.41	-0.16	0.57	-0.03	0.46		0.39	0.25	0.67	0.3	-0.02	0.56	0.38	0.76	0.96	0.32	-0.1	0.26	-0.58
Common Stock Shares Outstanding	0.19	0.2	0.18	-0.6	0.14	0.83	-0.74	0.12	0.18	0.15	-0.01	0.52	0.39		0.77	0.03	0.11	-0.28	0.57	0.78	0.32	0.55	0.81	0.54	0.09	-0.66
Non Current Liabilities Total	0.33	0.43	-0.05	-0.59	0.33	0.93	-0.68	-0.11	0.58	0.36	0.05	0.12	0.25	0.77		0.08	0.38	-0.66	0.8	0.93	0.21	0.39	0.95	0.48	-0.1	-0.38
Inventory	0.64	0.53	0.23	0.42	0.59	0.13	0.22	0.04	-0.22	0.55	-0.08	0.06	0.67	0.03	0.08		0.4	0.16	0.29	0.23	0.56	0.64	0.09	-0.12	0.05	-0.12
Other Current Assets	0.38	0.55	-0.19	0.08	0.28	0.27	-0.01	-0.23	0.12	0.33	0.08	-0.37	0.3	0.11	0.38	0.4		-0.12	0.31	0.52	0.43	0.29	0.27	0.11	-0.32	-0.13
Other Stockholder Equity	-0.21	-0.04	-0.05	0.44	-0.26	-0.62	0.44	-0.14	-0.59	-0.33	0.08	0.03	-0.02	-0.28	-0.66	0.16	-0.12		-0.64	-0.47	0.1	-0.07	-0.65	-0.07	-0.02	0.0
Total Liab	0.52	0.44	0.42	-0.44	0.5	0.86	-0.58	0.23	0.4	0.51	-0.15	0.37	0.56	0.57	0.8	0.29	0.31	-0.64		0.76	0.41	0.66	0.85	0.0	0.3	-0.38
Property Plant And Equipment Gross	0.33	0.54	0.03	-0.56	0.29	0.91	-0.69	-0.16	0.36	0.32	-0.02	0.12	0.38	0.78	0.93	0.23	0.52	-0.47	0.76		0.28	0.51	0.91	0.41	-0.03	-0.46
Total Current Assets	0.63	0.54	0.37	0.23	0.45	0.24	0.01	0.34	-0.07	0.42	0.36	0.42	0.76	0.32	0.21	0.56	0.43	0.1	0.41	0.28		0.76	0.21	0.01	0.02	-0.58
Common Stock	0.6	0.5	0.52	-0.02	0.5	0.5	-0.28	0.36	-0.08	0.47	-0.02	0.55	0.96	0.55	0.39	0.64	0.29	-0.07	0.66	0.51	0.76		0.45	0.04	0.23	-0.7
Short Long Term Debt Total	0.37	0.32	0.23	-0.62	0.37	1.0	-0.73	0.06	0.45	0.4	-0.13	0.27	0.32	0.81	0.95	0.09	0.27	-0.65	0.85	0.91	0.21	0.45		0.27	0.2	-0.36
Current Deferred Revenue	-0.15	0.24	-0.67	-0.3	-0.18	0.24	-0.32	-0.45	0.33	-0.16	0.42	0.02	-0.1	0.54	0.48	-0.12	0.11	-0.07	0.0	0.41	0.01	0.04	0.27		-0.72	-0.39
Short Term Debt	0.16	-0.28	0.88	-0.11	0.2	0.24	-0.16	0.52	-0.35	0.17	-0.58	0.45	0.26	0.09	-0.1	0.05	-0.32	-0.02	0.3	-0.03	0.02	0.23	0.2	-0.72		0.1
Other Liab	-0.07	-0.39	-0.17	0.36	0.07	-0.38	0.53	-0.2	-0.04	0.09	-0.26	-0.55	-0.58	-0.66	-0.38	-0.12	-0.13	0.0	-0.38	-0.46	-0.58	-0.7	-0.36	-0.39	0.1

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Farm Pride Account Relationship Matchups

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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