Pilgrims Common Stock vs Long Term Debt Analysis
PPC Stock | USD 51.61 1.13 2.24% |
Pilgrims Pride financial indicator trend analysis is much more than just breaking down Pilgrims Pride Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pilgrims Pride Corp is a good investment. Please check the relationship between Pilgrims Pride Common Stock and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pilgrims Pride Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Common Stock vs Long Term Debt
Common Stock vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pilgrims Pride Corp Common Stock account and Long Term Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Pilgrims Pride's Common Stock and Long Term Debt is 0.25. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Pilgrims Pride Corp, assuming nothing else is changed. The correlation between historical values of Pilgrims Pride's Common Stock and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Pilgrims Pride Corp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Common Stock i.e., Pilgrims Pride's Common Stock and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock
Long Term Debt
Long-term debt is a debt that Pilgrims Pride Corp has held for over one year. Long-term debt appears on Pilgrims Pride Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Pilgrims Pride Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Pilgrims Pride's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pilgrims Pride Corp 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 Pilgrims Pride Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. At present, Pilgrims Pride's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 145.8M | 152.7M | 202.3M | 212.4M | Depreciation And Amortization | 380.8M | 403.1M | 419.9M | 440.9M |
Pilgrims Pride fundamental ratios Correlations
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Pilgrims Pride Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pilgrims Pride fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.1B | 7.5B | 8.9B | 9.3B | 9.8B | 10.3B | |
Short Long Term Debt Total | 2.5B | 2.6B | 3.5B | 3.4B | 3.6B | 3.8B | |
Other Current Liab | 582.4M | 686.0M | 776.9M | 868.9M | 859.3M | 902.3M | |
Total Current Liabilities | 1.6B | 1.9B | 2.4B | 2.6B | 2.5B | 2.6B | |
Total Stockholder Equity | 2.5B | 2.6B | 2.6B | 2.8B | 3.3B | 3.5B | |
Property Plant And Equipment Net | 2.9B | 2.9B | 3.3B | 3.2B | 3.4B | 3.6B | |
Net Debt | 2.3B | 2.0B | 3.1B | 3.0B | 2.9B | 3.0B | |
Retained Earnings | 877.8M | 972.6M | 1.0B | 1.7B | 2.1B | 2.2B | |
Cash | 260.6M | 547.6M | 427.7M | 401.0M | 731.2M | 767.8M | |
Non Current Assets Total | 4.5B | 4.6B | 5.6B | 5.4B | 5.6B | 5.9B | |
Non Currrent Assets Other | 36.3M | 24.8M | 32.4M | 41.6M | 35.6M | 37.4M | |
Cash And Short Term Investments | 260.6M | 547.6M | 427.7M | 401.0M | 731.2M | 767.8M | |
Net Receivables | 802.4M | 812.5M | 1.0B | 1.3B | 1.3B | 1.4B | |
Common Stock Shares Outstanding | 249.7M | 246.1M | 244.1M | 240.4M | 237.3M | 124.8M | |
Liabilities And Stockholders Equity | 7.1B | 7.5B | 8.9B | 9.3B | 9.8B | 10.3B | |
Non Current Liabilities Total | 2.9B | 3.0B | 3.9B | 3.8B | 4.0B | 4.2B | |
Inventory | 1.4B | 1.4B | 1.6B | 2.0B | 2.0B | 2.1B | |
Other Current Assets | 131.7M | 183.8M | 363.3M | 244.9M | 195.8M | 205.6M | |
Other Stockholder Equity | 1.7B | 1.6B | 1.6B | 1.4B | 1.4B | 787.1M | |
Total Liab | 4.6B | 4.9B | 6.3B | 6.4B | 6.5B | 6.8B | |
Total Current Assets | 2.6B | 2.9B | 3.3B | 3.9B | 4.2B | 4.4B | |
Short Term Debt | 26.4M | 97.0M | 109.2M | 131.8M | 68.1M | 97.3M | |
Accounts Payable | 997.6M | 1.0B | 1.4B | 1.5B | 1.5B | 1.5B | |
Common Stock Total Equity | 2.6M | 2.6M | 2.6M | 2.6M | 3.0M | 2.9M | |
Property Plant And Equipment Gross | 2.9B | 2.7B | 3.3B | 3.2B | 7.2B | 7.6B | |
Accumulated Other Comprehensive Income | (75.1M) | (20.6M) | (48.0M) | (336.4M) | (176.5M) | (185.3M) | |
Common Stock | 2.6M | 2.6M | 2.6M | 2.6M | 2.6M | 1.6M | |
Other Assets | 40.8M | 319.1M | 37.7M | 43.5M | 1.0 | 0.95 | |
Long Term Debt | 2.3B | 2.3B | 3.2B | 3.2B | 3.3B | 3.5B | |
Treasury Stock | (231.8M) | (232.0M) | (234.9M) | (345.1M) | (310.6M) | (295.1M) | |
Property Plant Equipment | 2.9B | 2.7B | 3.3B | 2.9B | 3.4B | 1.7B | |
Current Deferred Revenue | 41.8M | 65.9M | 22.3M | 34.5M | 85.0M | 80.7M | |
Other Liab | 406.7M | 488.6M | 470.9M | 435.2M | 391.7M | 302.4M | |
Good Will | 973.8M | 1.0B | 1.3B | 1.2B | 1.3B | 673.3M | |
Intangible Assets | 596.1M | 589.9M | 963.2M | 846.0M | 854.0M | 896.7M | |
Net Tangible Assets | 955.9M | 968.6M | 276.6M | 766.9M | 690.2M | 655.7M | |
Noncontrolling Interest In Consolidated Entity | 10.4M | 11.6M | 11.9M | 12.5M | 14.3M | 7.9M | |
Retained Earnings Total Equity | 877.8M | 972.6M | 1.0B | 1.7B | 2.0B | 2.1B |
Also Currently Popular
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 Pilgrims Pride Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pilgrims Pride'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 Pilgrims Pride Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pilgrims Pride Corp Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pilgrims Pride Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Packaged Foods & Meats 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 Pilgrims Pride. If investors know Pilgrims 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 Pilgrims Pride 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 1.882 | Earnings Share 4.15 | Revenue Per Share 76.123 | Quarterly Revenue Growth 0.052 | Return On Assets 0.0909 |
The market value of Pilgrims Pride Corp is measured differently than its book value, which is the value of Pilgrims that is recorded on the company's balance sheet. Investors also form their own opinion of Pilgrims Pride's value that differs from its market value or its book value, called intrinsic value, which is Pilgrims Pride'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 Pilgrims Pride's market value can be influenced by many factors that don't directly affect Pilgrims Pride'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 Pilgrims Pride's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pilgrims Pride is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pilgrims Pride'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.