Central Garden Financials

CENTA Stock  USD 33.18  0.29  0.88%   
Based on the analysis of Central Garden's profitability, liquidity, and operating efficiency, Central Garden Pet is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At present, Central Garden's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 1.7 B, whereas Accounts Payable is forecasted to decline to about 135 M. Key indicators impacting Central Garden's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.0120.012
Slightly Up
Very volatile
Return On Assets0.01540.0278
Way Down
Slightly volatile
Return On Equity0.120.113
Notably Up
Slightly volatile
Debt Equity Ratio0.91.1582
Significantly Down
Slightly volatile
Operating Income254.4 M242.2 M
Sufficiently Up
Slightly volatile
Current Ratio2.31.2757
Way Up
Slightly volatile
Investors should never underestimate Central Garden's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Central Garden's cash flow, debt, and profitability to make informed and accurate decisions about investing in Central Garden Pet.

Net Income

151.71 Million

  
Understanding current and past Central Garden Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Central Garden's financial statements are interrelated, with each one affecting the others. For example, an increase in Central Garden's assets may result in an increase in income on the income statement.
Please note, the presentation of Central Garden's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Central Garden's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Central Garden's management manipulating its earnings.

Central Garden Stock Summary

Central Garden competes with Unilever PLC, Estee Lauder, ELF Beauty, Coty, and Kenvue. Central Garden Pet Company produces and distributes various products for the lawn and garden, and pet supplies markets in the United States. Central Garden Pet Company was founded in 1955 and is based in Walnut Creek, California. Central Garden operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. It employs 7000 people.
Specialization
Consumer Defensive, Household & Personal Products
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS1535272058
CUSIP153527205
LocationCalifornia; U.S.A
Business Address1340 Treat Boulevard,
SectorHousehold Products
IndustryConsumer Staples
BenchmarkDow Jones Industrial
Websitewww.central.com
Phone925 948 4000
CurrencyUSD - US Dollar

Central Garden Key Financial Ratios

Central Garden Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.3B3.1B3.3B3.4B3.9B4.1B
Other Current Liab167.9M194.2M153.7M216.2M248.7M261.1M
Net Debt161.4M930.2M1.2B885.7M1.0B1.1B
Retained Earnings510.8M646.1M755.3M859.4M988.3M1.0B
Accounts Payable205.2M245.5M215.7M190.9M219.5M135.0M
Cash652.7M426.4M177.4M488.7M562.0M590.1M
Net Receivables391.8M385.4M376.8M332.9M382.8M211.5M
Inventory439.6M685.2M938M838.2M963.9M1.0B
Other Current Assets41.2M46.6M61.6M47.3M54.4M32.4M
Total Liab1.3B1.9B1.9B1.9B2.2B2.3B
Total Current Assets1.5B1.5B1.6B1.7B2.0B2.1B
Short Term Debt67.1M82.5M96.5M50.8M45.8M23.5M
Intangible Assets134.9M134.4M543.2M497.2M571.8M600.4M
Good Will286.1M290.0M369.4M546.4M628.4M314.4M
Common Stock548K552K542K537K617.6K490.3K
Other Liab57.3M41.0M56.0M147.4M169.5M178.0M
Other Assets37K24K31K110K99K94.1K
Long Term Debt694.0M1.2B1.2B1.2B1.4B1.4B
Net Tangible Assets563.8M738.4M718.4M244.1M280.7M422.9M

Central Garden Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense44.0M58.6M58.3M57.0M65.6M36.4M
Total Revenue2.7B3.3B3.3B3.3B3.8B4.0B
Gross Profit796.6M970.9M992.3M946.8M1.1B1.1B
Operating Income142.4M254.5M260.0M210.6M242.2M254.4M
Ebit163.0M213.5M211.4M219.5M252.4M265.0M
Ebitda253.3M329.2M341.0M359.0M412.9M433.5M
Cost Of Revenue1.9B2.3B2.3B2.4B2.7B2.9B
Income Before Tax153.7M194.8M198.9M162.4M186.8M196.2M
Net Income120.7M151.7M152.2M125.6M144.5M151.7M
Income Tax Expense32.2M42.0M46.2M36.3M41.8M43.9M
Minority Interest844K1.0M(520K)(454K)(408.6K)(388.2K)
Tax Provision32.2M42.0M46.2M36.3M41.8M33.7M
Interest Income4.0M415K719K7.4M6.6M5.8M
Net Interest Income(40.0M)(58.2M)(57.5M)(49.7M)(44.7M)(46.9M)

Central Garden Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory27.4M(132.2M)(256.4M)87.0M78.3M82.2M
Change In Cash155.7M(226.9M)(247.3M)310.7M357.3M375.2M
Free Cash Flow221.2M170.5M(149.2M)327.7M376.8M395.7M
Depreciation55.4M74.7M80.9M87.7M100.9M105.9M
Other Non Cash Items46.3M58.9M50.8M64.6M74.3M78.0M
Capital Expenditures43.1M80.3M115.2M54.0M62.1M38.6M
Net Income121.5M152.8M152.7M126.1M145.0M152.3M
End Period Cash Flow666.4M439.5M192.2M502.9M578.3M607.2M
Dividends Paid318.2M197.0M143K606K806K0.0
Investments(4.4M)(500K)(27.8M)(34.6M)(31.1M)(29.6M)
Net Borrowings(46.2M)(1.1M)469.6M(1.1M)(1.3M)(1.2M)
Change To Netincome21.3M20.6M65.1M102.6M118.0M123.9M

Central Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Central Garden's current stock value. Our valuation model uses many indicators to compare Central Garden value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Central Garden competition to find correlations between indicators driving Central Garden's intrinsic value. More Info.
Central Garden Pet is rated fourth in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about  0.46  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Central Garden Pet is roughly  2.16 . At present, Central Garden's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Central Garden's earnings, one of the primary drivers of an investment's value.

Central Garden Pet Systematic Risk

Central Garden's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Central Garden volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Central Garden Pet correlated with the market. If Beta is less than 0 Central Garden generally moves in the opposite direction as compared to the market. If Central Garden Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Central Garden Pet is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Central Garden is generally in the same direction as the market. If Beta > 1 Central Garden moves generally in the same direction as, but more than the movement of the benchmark.

Central Garden Thematic Clasifications

Central Garden Pet is part of Wholesale investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Wholesale industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
WholesaleView
This theme covers USA Equities from Wholesale industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Central Garden Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Central Garden's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Central Garden growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.12

At present, Central Garden's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Central Garden November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Central Garden help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Central Garden Pet. We use our internally-developed statistical techniques to arrive at the intrinsic value of Central Garden Pet based on widely used predictive technical indicators. In general, we focus on analyzing Central Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Central Garden's daily price indicators and compare them against related drivers.

Complementary Tools for Central Stock analysis

When running Central Garden's price analysis, check to measure Central Garden'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 Central Garden is operating at the current time. Most of Central Garden's value examination focuses on studying past and present price action to predict the probability of Central Garden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Central Garden's price. Additionally, you may evaluate how the addition of Central Garden to your portfolios can decrease your overall portfolio volatility.
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