ADF Net Receivables vs Total Stockholder Equity Analysis

ADFFOODS   332.65  0.30  0.09%   
ADF Foods financial indicator trend analysis is way more than just evaluating ADF Foods Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ADF Foods Limited is a good investment. Please check the relationship between ADF Foods Net Receivables and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ADF Foods Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Net Receivables vs Total Stockholder Equity

Net Receivables vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ADF Foods Limited Net Receivables account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between ADF Foods' Net Receivables and Total Stockholder Equity is 0.85. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of ADF Foods Limited, assuming nothing else is changed. The correlation between historical values of ADF Foods' Net Receivables and Total 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 ADF Foods Limited are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Receivables i.e., ADF Foods' Net Receivables and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from ADF Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ADF Foods Limited 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ADF Foods Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
As of November 30, 2024, Selling General Administrative is expected to decline to about 105 M. In addition to that, Tax Provision is expected to decline to about 156.6 M
 2021 2022 2023 2024 (projected)
Gross Profit2.0B2.4B2.6B2.7B
Total Revenue4.1B4.5B5.0B5.3B

ADF Foods fundamental ratios Correlations

0.80.00.560.990.860.040.940.830.370.980.470.890.70.0-0.030.780.990.450.9-0.550.140.860.70.84-0.39
0.80.170.620.740.750.590.70.720.460.820.260.90.480.190.020.860.780.280.83-0.220.160.640.420.580.13
0.00.170.42-0.050.060.24-0.020.07-0.150.030.130.05-0.030.46-0.360.26-0.010.090.03-0.08-0.55-0.02-0.14-0.070.51
0.560.620.420.510.520.270.510.570.430.550.540.410.690.37-0.330.790.590.550.47-0.17-0.180.540.590.530.1
0.990.74-0.050.510.84-0.030.930.820.350.970.480.860.7-0.03-0.020.730.990.450.89-0.570.130.870.70.85-0.45
0.860.750.060.520.840.170.770.960.50.860.350.850.690.00.070.890.840.310.84-0.50.230.930.620.87-0.33
0.040.590.240.27-0.030.17-0.170.190.450.1-0.110.29-0.120.340.090.370.00.00.260.430.0-0.05-0.28-0.150.63
0.940.7-0.020.510.930.77-0.170.710.170.910.410.850.69-0.08-0.040.720.950.350.78-0.640.20.830.760.84-0.4
0.830.720.070.570.820.960.190.710.560.810.550.790.650.150.160.880.790.530.76-0.350.230.850.540.78-0.4
0.370.46-0.150.430.350.50.450.170.560.410.360.370.540.040.160.560.360.390.490.080.40.40.360.32-0.15
0.980.820.030.550.970.860.10.910.810.410.380.910.69-0.06-0.010.80.980.350.96-0.540.20.880.680.85-0.27
0.470.260.130.540.480.35-0.110.410.550.360.380.260.380.370.230.410.430.980.210.010.060.260.270.23-0.47
0.890.90.050.410.860.850.290.850.790.370.910.260.53-0.040.140.810.870.220.88-0.460.310.770.510.72-0.16
0.70.48-0.030.690.70.69-0.120.690.650.540.690.380.53-0.18-0.350.740.760.30.6-0.660.090.850.950.86-0.4
0.00.190.460.37-0.030.00.34-0.080.150.04-0.060.37-0.04-0.18-0.160.14-0.060.46-0.10.39-0.47-0.18-0.27-0.260.22
-0.030.02-0.36-0.33-0.020.070.09-0.040.160.16-0.010.230.14-0.35-0.16-0.03-0.10.230.00.480.74-0.17-0.35-0.19-0.18
0.780.860.260.790.730.890.370.720.880.560.80.410.810.740.14-0.030.780.380.76-0.370.190.820.630.77-0.04
0.990.78-0.010.590.990.840.00.950.790.360.980.430.870.76-0.06-0.10.780.40.9-0.60.120.890.770.88-0.37
0.450.280.090.550.450.310.00.350.530.390.350.980.220.30.460.230.380.40.210.140.020.210.190.17-0.42
0.90.830.030.470.890.840.260.780.760.490.960.210.880.6-0.10.00.760.90.21-0.450.20.830.570.79-0.13
-0.55-0.22-0.08-0.17-0.57-0.50.43-0.64-0.350.08-0.540.01-0.46-0.660.390.48-0.37-0.60.14-0.450.13-0.71-0.72-0.750.37
0.140.16-0.55-0.180.130.230.00.20.230.40.20.060.310.09-0.470.740.190.120.020.20.130.150.130.17-0.26
0.860.64-0.020.540.870.93-0.050.830.850.40.880.260.770.85-0.18-0.170.820.890.210.83-0.710.150.820.99-0.39
0.70.42-0.140.590.70.62-0.280.760.540.360.680.270.510.95-0.27-0.350.630.770.190.57-0.720.130.820.87-0.43
0.840.58-0.070.530.850.87-0.150.840.780.320.850.230.720.86-0.26-0.190.770.880.170.79-0.750.170.990.87-0.41
-0.390.130.510.1-0.45-0.330.63-0.4-0.4-0.15-0.27-0.47-0.16-0.40.22-0.18-0.04-0.37-0.42-0.130.37-0.26-0.39-0.43-0.41
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ADF Foods Account Relationship Matchups

ADF Foods fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B3.3B4.7B5.3B5.6B5.8B
Short Long Term Debt Total247.9M6.2M699.2M552.5M558.6M586.5M
Other Current Liab377.3M599K127.7M131.1M183.6M116.6M
Total Current Liabilities588.2M450.9M558.1M431.0M525.7M361.5M
Total Stockholder Equity2.0B2.7B3.4B4.2B4.4B4.6B
Property Plant And Equipment Net582.2M562.3M1.2B1.4B1.4B733.7M
Net Debt39.7M(392.8M)156.8M153.7M(38.3M)(40.2M)
Cash202.1M398.4M542.4M398.8M596.9M626.7M
Non Current Assets Total943.7M882.9M1.7B2.0B2.1B1.1B
Non Currrent Assets Other252.6M445.7M884.2M1.3B139.2M132.2M
Cash And Short Term Investments497.4M771.9M1.1B1.6B1.4B1.5B
Common Stock Shares Outstanding102.7M100.1M104.5M109.9M109.9M110.3M
Liabilities And Stockholders Equity2.7B3.3B4.7B5.3B5.6B5.8B
Non Current Liabilities Total86.4M84.0M692.2M603.0M614.7M645.4M
Inventory546.5M729.4M762.1M631.2M530.2M360.5M
Other Current Assets731.3M544K382.8M304.1M452.8M391.2M
Other Stockholder Equity(1.8B)216.7M552.6M899.3M906.9M567.6M
Total Liab674.6M535.0M1.3B1.0B1.1B584.4M
Total Current Assets1.8B2.4B3.0B3.3B3.5B3.7B
Accumulated Other Comprehensive Income(178.3M)301.2M232.9M159.7M178.0M186.9M
Short Term Investments295.3M373.5M596.1M1.2B836.5M878.3M
Intangible Assets213.5M213.5M213.8M244.1M218.0M235.9M
Current Deferred Revenue(243.5M)96.3M144.5M129.7M8.8M8.3M
Retained Earnings1.5B2.0B2.4B2.9B3.1B1.6B
Accounts Payable212.6M348.5M316.0M224.1M239.3M196.4M
Net Receivables604.4M885.3M889.2M942.6M1.1B661.2M
Short Term Debt241.8M5.6M97.1M64.0M71.6M79.1M
Other Liab101.4M78.5M83.5M90.1M81.1M75.5M
Net Tangible Assets1.5B1.8B2.5B3.0B3.4B1.8B
Other Assets148.4M107.1M108.5M46.7M42.1M39.9M
Property Plant Equipment582.2M562.3M1.2B1.4B1.6B1.6B
Long Term Debt Total6.2M581K602.1M495.5M569.8M598.3M
Deferred Long Term Liab1.0M862K509K157K141.3K134.2K
Net Invested Capital2.3B2.7B3.6B4.2B4.4B3.3B
Net Working Capital1.2B1.9B2.4B2.9B3.0B2.1B

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Other Information on Investing in ADF Stock

Balance Sheet is a snapshot of the financial position of ADF Foods Limited at a specified time, usually calculated after every quarter, six months, or one year. ADF Foods Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ADF Foods and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ADF currently owns. An asset can also be divided into two categories, current and non-current.