ADF Other Stockholder Equity vs Total Assets Analysis

ADFFOODS   323.95  18.70  6.13%   
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 Other Stockholder Equity and its Total Assets 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.

Other Stockholder Equity vs Total Assets

Other Stockholder Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ADF Foods Limited Other Stockholder Equity account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between ADF Foods' Other Stockholder Equity and Total Assets is -0.03. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Assets 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' Other Stockholder Equity 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 Stockholder Equity of ADF Foods Limited 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 Stockholder Equity i.e., ADF Foods' Other Stockholder Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Total Assets

Total assets refers to the total amount of ADF Foods 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 ADF Foods Limited 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 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 27, 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

0.80.00.560.990.860.040.940.830.350.980.470.890.710.0-0.030.780.990.450.6-0.550.140.860.70.84-0.4
0.80.170.620.740.750.590.70.720.450.820.260.90.490.190.020.860.780.280.63-0.220.160.640.420.580.12
0.00.170.42-0.050.060.24-0.020.07-0.150.030.130.05-0.020.46-0.360.26-0.010.090.01-0.08-0.55-0.02-0.14-0.070.51
0.560.620.420.510.520.270.510.570.430.540.540.410.690.37-0.330.790.590.550.43-0.17-0.180.540.590.530.09
0.990.74-0.050.510.84-0.030.930.820.330.970.480.860.7-0.03-0.020.730.990.450.58-0.570.130.870.70.85-0.47
0.860.750.060.520.840.170.770.960.490.860.350.860.70.00.070.890.840.310.67-0.50.230.930.620.87-0.34
0.040.590.240.27-0.030.17-0.170.190.450.1-0.110.29-0.120.340.090.370.00.00.370.430.0-0.05-0.28-0.150.63
0.940.7-0.020.510.930.77-0.170.710.150.910.410.850.69-0.08-0.040.720.950.350.44-0.640.20.830.760.84-0.42
0.830.720.070.570.820.960.190.710.540.810.550.790.660.150.160.880.790.530.61-0.350.230.850.540.78-0.41
0.350.45-0.150.430.330.490.450.150.540.390.360.350.530.030.160.540.340.380.790.090.40.390.350.31-0.13
0.980.820.030.540.970.860.10.910.810.390.380.910.69-0.06-0.010.80.980.350.71-0.540.20.880.680.85-0.28
0.470.260.130.540.480.35-0.110.410.550.360.380.260.380.370.230.410.430.980.130.010.060.260.270.23-0.47
0.890.90.050.410.860.860.290.850.790.350.910.260.53-0.040.140.810.870.220.62-0.460.310.770.510.72-0.17
0.710.49-0.020.690.70.7-0.120.690.660.530.690.380.53-0.17-0.350.740.760.310.64-0.660.090.850.950.87-0.4
0.00.190.460.37-0.030.00.34-0.080.150.03-0.060.37-0.04-0.17-0.160.14-0.060.46-0.160.39-0.47-0.18-0.27-0.260.21
-0.030.02-0.36-0.33-0.020.070.09-0.040.160.16-0.010.230.14-0.35-0.16-0.03-0.10.23-0.060.480.74-0.17-0.35-0.19-0.18
0.780.860.260.790.730.890.370.720.880.540.80.410.810.740.14-0.030.780.380.67-0.370.190.820.630.77-0.05
0.990.78-0.010.590.990.840.00.950.790.340.980.430.870.76-0.06-0.10.780.40.62-0.60.120.890.770.88-0.38
0.450.280.090.550.450.310.00.350.530.380.350.980.220.310.460.230.380.40.130.140.020.210.190.17-0.42
0.60.630.010.430.580.670.370.440.610.790.710.130.620.64-0.16-0.060.670.620.13-0.320.330.680.520.61-0.03
-0.55-0.22-0.08-0.17-0.57-0.50.43-0.64-0.350.09-0.540.01-0.46-0.660.390.48-0.37-0.60.14-0.320.13-0.71-0.72-0.750.38
0.140.16-0.55-0.180.130.230.00.20.230.40.20.060.310.09-0.470.740.190.120.020.330.130.150.130.17-0.25
0.860.64-0.020.540.870.93-0.050.830.850.390.880.260.770.85-0.18-0.170.820.890.210.68-0.710.150.820.99-0.41
0.70.42-0.140.590.70.62-0.280.760.540.350.680.270.510.95-0.27-0.350.630.770.190.52-0.720.130.820.87-0.44
0.840.58-0.070.530.850.87-0.150.840.780.310.850.230.720.87-0.26-0.190.770.880.170.61-0.750.170.990.87-0.43
-0.40.120.510.09-0.47-0.340.63-0.42-0.41-0.13-0.28-0.47-0.17-0.40.21-0.18-0.05-0.38-0.42-0.030.38-0.25-0.41-0.44-0.43
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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 Net582.2M562.3M1.2B1.4B1.4B733.0M
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 Other252.6M445.7M884.2M1.3B112.7M107.1M
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
Inventory546.5M729.4M762.1M631.2M541.2M361.2M
Other Current Assets731.3M544K382.8M304.1M453.1M391.2M
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 Investments295.3M373.5M596.1M1.2B219.2M308.7M
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 Debt241.8M5.6M97.1M64.0M58.3M78.3M
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.