Phibro Other Current Assets vs Total Assets Analysis

PAHC Stock  USD 23.59  0.02  0.08%   
Phibro Animal financial indicator trend analysis is much more than just breaking down Phibro Animal Health prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phibro Animal Health is a good investment. Please check the relationship between Phibro Animal Other Current Assets and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phibro Animal Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Other Current Assets vs Total Assets

Other Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Phibro Animal Health Other Current Assets account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Phibro Animal's Other Current Assets and Total Assets is 0.84. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Phibro Animal Health, assuming nothing else is changed. The correlation between historical values of Phibro Animal's Other Current Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Phibro Animal Health are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Assets i.e., Phibro Animal's Other Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Assets

Total assets refers to the total amount of Phibro Animal assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Phibro Animal Health books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Phibro Animal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phibro Animal Health 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phibro Animal Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At present, Phibro Animal's Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 17.41, whereas Selling General Administrative is forecasted to decline to about 139.2 M.
 2022 2023 2024 (projected)
Interest Expense17.9M22.0M18.1M
Depreciation And Amortization34.0M36.2M38.0M

Phibro Animal fundamental ratios Correlations

0.90.450.940.81-0.270.970.870.80.820.610.980.240.430.520.770.95-0.080.820.980.840.710.890.680.990.8
0.90.570.90.56-0.090.920.990.580.850.620.870.030.180.740.690.77-0.350.970.920.920.530.990.70.90.72
0.450.570.60.28-0.310.520.570.350.490.370.370.07-0.260.560.490.38-0.160.50.470.590.080.550.530.50.49
0.940.90.60.75-0.280.930.860.750.90.720.880.050.220.640.850.9-0.210.820.930.860.640.910.740.970.82
0.810.560.280.75-0.50.780.530.980.540.60.830.420.570.240.820.840.220.430.770.570.750.540.730.80.79
-0.27-0.09-0.31-0.28-0.5-0.37-0.09-0.6-0.04-0.13-0.28-0.54-0.19-0.36-0.31-0.32-0.670.13-0.17-0.280.110.01-0.42-0.26-0.6
0.970.920.520.930.78-0.370.90.790.780.570.950.230.330.650.730.89-0.010.810.950.90.610.880.760.960.89
0.870.990.570.860.53-0.090.90.550.780.510.850.030.120.760.630.72-0.340.960.890.930.510.970.690.870.72
0.80.580.350.750.98-0.60.790.550.520.610.820.450.540.330.850.790.280.430.730.580.620.540.760.780.85
0.820.850.490.90.54-0.040.780.780.520.760.73-0.030.080.540.680.81-0.380.830.860.780.60.880.650.860.56
0.610.620.370.720.6-0.130.570.510.610.760.56-0.020.320.330.830.62-0.30.590.610.480.490.650.670.660.48
0.980.870.370.880.83-0.280.950.850.820.730.560.330.510.490.740.90.00.780.950.790.710.840.660.950.8
0.240.030.070.050.42-0.540.230.030.45-0.03-0.020.330.42-0.10.050.240.63-0.090.180.080.05-0.050.210.170.23
0.430.18-0.260.220.57-0.190.330.120.540.080.320.510.42-0.260.380.470.320.110.33-0.050.40.150.110.360.27
0.520.740.560.640.24-0.360.650.760.330.540.330.49-0.1-0.260.430.36-0.270.670.530.820.070.690.580.540.62
0.770.690.490.850.82-0.310.730.630.850.680.830.740.050.380.430.72-0.150.60.730.60.640.70.730.790.77
0.950.770.380.90.84-0.320.890.720.790.810.620.90.240.470.360.720.00.670.940.740.730.770.650.960.73
-0.08-0.35-0.16-0.210.22-0.67-0.01-0.340.28-0.38-0.30.00.630.32-0.27-0.150.0-0.53-0.19-0.25-0.26-0.45-0.05-0.140.23
0.820.970.50.820.430.130.810.960.430.830.590.78-0.090.110.670.60.67-0.530.860.850.530.990.60.830.56
0.980.920.470.930.77-0.170.950.890.730.860.610.950.180.330.530.730.94-0.190.860.870.740.920.710.990.75
0.840.920.590.860.57-0.280.90.930.580.780.480.790.08-0.050.820.60.74-0.250.850.870.480.890.740.860.77
0.710.530.080.640.750.110.610.510.620.60.490.710.050.40.070.640.73-0.260.530.740.480.580.480.710.45
0.890.990.550.910.540.010.880.970.540.880.650.84-0.050.150.690.70.77-0.450.990.920.890.580.660.90.65
0.680.70.530.740.73-0.420.760.690.760.650.670.660.210.110.580.730.65-0.050.60.710.740.480.660.70.79
0.990.90.50.970.8-0.260.960.870.780.860.660.950.170.360.540.790.96-0.140.830.990.860.710.90.70.8
0.80.720.490.820.79-0.60.890.720.850.560.480.80.230.270.620.770.730.230.560.750.770.450.650.790.8
Click cells to compare fundamentals

Phibro Animal Account Relationship Matchups

Phibro Animal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets784.1M841.3M931.7M971.4M982.2M568.4M
Short Long Term Debt Total410.7M426.7M470.5M510.0M525.5M335.6M
Other Current Liab21.2M70.3M67.0M60.4M78.4M50.1M
Total Current Liabilities157.2M164.1M190.8M176M204.1M141.8M
Total Stockholder Equity188.2M238.5M262.4M282.5M256.6M269.5M
Other Liab46.7M28.0M29.0M31.3M36.0M39.1M
Property Plant And Equipment Net171.0M187.7M203.2M231.3M240.9M130.8M
Net Debt374.4M376.5M396.2M468.7M454.8M301.8M
Retained Earnings183.1M218.0M247.7M260.9M243.9M256.1M
Accounts Payable66.1M68.4M95.6M73.9M85.6M64.0M
Cash36.3M50.2M74.2M41.3M70.6M74.1M
Non Current Assets Total332.3M342.4M365.5M385.7M381.2M224.4M
Non Currrent Assets Other16.2M19.8M29.0M26.3M9.8M15.2M
Other Assets33.4M35.6M28.0M30.8M35.5M27.9M
Long Term Debt368.3M382.7M417.9M452.5M458.3M250.9M
Cash And Short Term Investments91.3M93.2M91.2M81.3M114.6M120.3M
Net Receivables126.5M146.9M166.5M163.5M169.5M119.4M
Liabilities And Stockholders Equity784.1M841.3M931.7M971.4M982.2M586.5M
Non Current Liabilities Total438.7M438.7M478.4M512.9M521.4M369.7M
Inventory196.7M216.3M259.2M277.6M265.9M160.7M
Other Current Assets37.3M42.5M49.3M63.4M51.0M29.0M
Other Stockholder Equity129.9M133.3M135.5M135.8M136.3M143.1M
Total Liab595.9M602.8M669.3M688.9M725.5M507.4M
Property Plant And Equipment Gross171.0M187.7M444.1M495.0M486.3M510.6M
Total Current Assets451.8M498.9M566.2M585.7M601.0M362.1M
Accumulated Other Comprehensive Income(130.4M)(115.3M)(121.1M)(114.2M)(123.5M)(117.4M)
Short Term Debt25.2M19.3M21.1M33.1M37.3M18.8M
Intangible Assets71.0M62.3M63.9M55.0M45.0M34.7M
Property Plant Equipment171.0M187.7M165.5M195.6M224.9M121.5M
Net Tangible Assets64.5M123.6M145.4M174.2M200.4M210.4M
Current Deferred Revenue44.8M58.9M822K54.9M2.9M2.8M
Retained Earnings Total Equity183.1M218.0M247.7M260.9M300.0M315.1M
Short Term Investments55M43M17M40M44M27.9M
Deferred Long Term Liab1.0M1.8M1.4M1.4M1.3M1.4M
Short Long Term Debt18.8M9.4M15M22.3M29.8M30.7M
Long Term Debt Total229.8M217.6M417.9M452.5M520.4M333.8M
Capital Surpluse129.9M133.3M135.5M135.8M156.2M142.6M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Phibro Animal Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Phibro Animal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Phibro Animal Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Phibro Animal Health Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phibro Animal Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Phibro Animal. If investors know Phibro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Phibro Animal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Dividend Share
0.48
Earnings Share
0.43
Revenue Per Share
25.843
Quarterly Revenue Growth
0.126
The market value of Phibro Animal Health is measured differently than its book value, which is the value of Phibro that is recorded on the company's balance sheet. Investors also form their own opinion of Phibro Animal's value that differs from its market value or its book value, called intrinsic value, which is Phibro Animal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Phibro Animal's market value can be influenced by many factors that don't directly affect Phibro Animal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Phibro Animal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Phibro Animal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phibro Animal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.