Forafric Retained Earnings vs Net Working Capital Analysis

AFRI Stock

USD 10.18 0.02 0.20%

Forafric Global financial indicator trend analysis is much more than just examining Forafric Global PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Forafric Global PLC is a good investment. Please check the relationship between Forafric Global Retained Earnings and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Forafric Global PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Retained Earnings vs Net Working Capital

Retained Earnings vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forafric Global PLC Retained Earnings account and Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Forafric Global's Retained Earnings and Net Working Capital is 0.98. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Forafric Global PLC, assuming nothing else is changed. The correlation between historical values of Forafric Global's Retained Earnings and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Forafric Global PLC are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Retained Earnings i.e., Forafric Global's Retained Earnings and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Working Capital

Most indicators from Forafric Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Forafric Global PLC 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 Forafric Global PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

As of now, Forafric Global's Enterprise Value Over EBITDA is decreasing as compared to previous years. The Forafric Global's current Enterprise Value Multiple is estimated to increase to 64.45, while Tax Provision is forecasted to increase to (100.7 K).

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	5.2M	6.6M	6.1M	6.1M
Interest Income	543K	34K	37K	35.2K

Depreciation And Amortization Interest Income

Forafric Global fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt
Total Assets		-0.52	-0.63	0.98	0.87	-0.96	0.88	0.91	-0.72	-0.88	0.88	0.93	0.94	0.85	-0.37	0.93	0.96	0.81	-0.2	-0.92	0.92	0.05	0.98	-0.3	0.98	0.99
Short Long Term Debt Total	-0.52		0.88	-0.48	-0.86	0.37	-0.85	-0.43	0.89	0.27	-0.32	-0.48	-0.46	-0.27	-0.02	-0.48	-0.5	-0.58	0.89	0.8	-0.71	0.66	-0.41	0.96	-0.52	-0.54
Other Current Liab	-0.63	0.88		-0.54	-0.87	0.5	-0.86	-0.62	0.84	0.31	-0.37	-0.44	-0.64	-0.28	-0.27	-0.44	-0.58	-0.81	0.86	0.79	-0.88	0.73	-0.53	0.82	-0.6	-0.61
Total Current Liabilities	0.98	-0.48	-0.54		0.84	-0.95	0.85	0.89	-0.68	-0.9	0.93	0.98	0.91	0.88	-0.48	0.98	0.95	0.72	-0.11	-0.91	0.85	0.16	0.98	-0.25	0.97	0.99
Total Stockholder Equity	0.87	-0.86	-0.87	0.84		-0.76	1.0	0.76	-0.92	-0.65	0.66	0.81	0.79	0.63	-0.19	0.81	0.86	0.8	-0.63	-0.99	0.94	-0.35	0.8	-0.72	0.87	0.88
Other Liab	-0.96	0.37	0.5	-0.95	-0.76		-0.78	-0.96	0.66	0.96	-0.92	-0.89	-0.97	-0.94	0.48	-0.89	-0.87	-0.82	0.04	0.83	-0.83	-0.15	-0.93	0.12	-0.91	-0.94
Net Tangible Assets	0.88	-0.85	-0.86	0.85	1.0	-0.78		0.78	-0.94	-0.7	0.69	0.82	0.81	0.68	-0.24	0.82	0.85	0.82	-0.61	-0.99	0.94	-0.33	0.8	-0.7	0.87	0.89
Property Plant And Equipment Net	0.91	-0.43	-0.62	0.89	0.76	-0.96	0.78		-0.66	-0.85	0.9	0.78	1.0	0.84	-0.26	0.78	0.76	0.89	-0.19	-0.8	0.88	-0.06	0.87	-0.19	0.82	0.87
Net Debt	-0.72	0.89	0.84	-0.68	-0.92	0.66	-0.94	-0.66		0.62	-0.5	-0.66	-0.69	-0.61	0.26	-0.66	-0.67	-0.81	0.7	0.9	-0.82	0.46	-0.59	0.78	-0.7	-0.72
Retained Earnings	-0.88	0.27	0.31	-0.9	-0.65	0.96	-0.7	-0.85	0.62		-0.88	-0.89	-0.86	-1.0	0.71	-0.89	-0.8	-0.7	-0.1	0.76	-0.67	-0.32	-0.84	0.03	-0.84	-0.87
Accounts Payable	0.88	-0.32	-0.37	0.93	0.66	-0.92	0.69	0.9	-0.5	-0.88		0.89	0.9	0.88	-0.49	0.89	0.77	0.63	0.05	-0.76	0.71	0.25	0.91	-0.04	0.83	0.89
Cash	0.93	-0.48	-0.44	0.98	0.81	-0.89	0.82	0.78	-0.66	-0.89	0.89		0.81	0.88	-0.62	1.0	0.93	0.59	-0.06	-0.89	0.75	0.26	0.94	-0.26	0.95	0.97
Non Current Assets Total	0.94	-0.46	-0.64	0.91	0.79	-0.97	0.81	1.0	-0.69	-0.86	0.9	0.81		0.85	-0.27	0.81	0.8	0.9	-0.21	-0.84	0.9	-0.06	0.89	-0.22	0.85	0.9
Non Currrent Assets Other	0.85	-0.27	-0.28	0.88	0.63	-0.94	0.68	0.84	-0.61	-1.0	0.88	0.88	0.85		-0.74	0.88	0.76	0.67	0.11	-0.74	0.63	0.33	0.81	-0.02	0.8	0.84
Other Assets	-0.37	-0.02	-0.27	-0.48	-0.19	0.48	-0.24	-0.26	0.26	0.71	-0.49	-0.62	-0.27	-0.74		-0.62	-0.39	-0.05	-0.41	0.33	-0.03	-0.66	-0.37	-0.17	-0.41	-0.43
Cash And Short Term Investments	0.93	-0.48	-0.44	0.98	0.81	-0.89	0.82	0.78	-0.66	-0.89	0.89	1.0	0.81	0.88	-0.62		0.93	0.59	-0.06	-0.89	0.75	0.26	0.94	-0.26	0.95	0.97
Net Receivables	0.96	-0.5	-0.58	0.95	0.86	-0.87	0.85	0.76	-0.67	-0.8	0.77	0.93	0.8	0.76	-0.39	0.93		0.68	-0.18	-0.9	0.86	0.12	0.96	-0.32	0.99	0.97
Good Will	0.81	-0.58	-0.81	0.72	0.8	-0.82	0.82	0.89	-0.81	-0.7	0.63	0.59	0.9	0.67	-0.05	0.59	0.68		-0.48	-0.79	0.91	-0.39	0.69	-0.43	0.72	0.75
Common Stock Shares Outstanding	-0.2	0.89	0.86	-0.11	-0.63	0.04	-0.61	-0.19	0.7	-0.1	0.05	-0.06	-0.21	0.11	-0.41	-0.06	-0.18	-0.48		0.5	-0.54	0.92	-0.07	0.95	-0.19	-0.19
Non Current Liabilities Total	-0.92	0.8	0.79	-0.91	-0.99	0.83	-0.99	-0.8	0.9	0.76	-0.76	-0.89	-0.84	-0.74	0.33	-0.89	-0.9	-0.79	0.5		-0.92	0.21	-0.86	0.63	-0.92	-0.94
Inventory	0.92	-0.71	-0.88	0.85	0.94	-0.83	0.94	0.88	-0.82	-0.67	0.71	0.75	0.9	0.63	-0.03	0.75	0.86	0.91	-0.54	-0.92		-0.35	0.85	-0.55	0.88	0.89
Other Current Assets	0.05	0.66	0.73	0.16	-0.35	-0.15	-0.33	-0.06	0.46	-0.32	0.25	0.26	-0.06	0.33	-0.66	0.26	0.12	-0.39	0.92	0.21	-0.35		0.18	0.76	0.11	0.09
Other Stockholder Equity	0.98	-0.41	-0.53	0.98	0.8	-0.93	0.8	0.87	-0.59	-0.84	0.91	0.94	0.89	0.81	-0.37	0.94	0.96	0.69	-0.07	-0.86	0.85	0.18		-0.19	0.97	0.98
Total Liab	-0.3	0.96	0.82	-0.25	-0.72	0.12	-0.7	-0.19	0.78	0.03	-0.04	-0.26	-0.22	-0.02	-0.17	-0.26	-0.32	-0.43	0.95	0.63	-0.55	0.76	-0.19		-0.32	-0.32
Total Current Assets	0.98	-0.52	-0.6	0.97	0.87	-0.91	0.87	0.82	-0.7	-0.84	0.83	0.95	0.85	0.8	-0.41	0.95	0.99	0.72	-0.19	-0.92	0.88	0.11	0.97	-0.32		0.99
Short Term Debt	0.99	-0.54	-0.61	0.99	0.88	-0.94	0.89	0.87	-0.72	-0.87	0.89	0.97	0.9	0.84	-0.43	0.97	0.97	0.75	-0.19	-0.94	0.89	0.09	0.98	-0.32	0.99

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Forafric Global Account Relationship Matchups

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When determining whether Forafric Global PLC is a strong investment it is important to analyze Forafric Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Forafric Global's future performance. For an informed investment choice regarding Forafric Stock, refer to the following important reports:

How To Invest In Forafric

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What is Forafric Global's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Forafric Global PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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 Forafric Global. If investors know Forafric 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 Forafric Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.47)

Revenue Per Share

11.365

Quarterly Revenue Growth

0.186

Return On Assets

0.0023

Return On Equity

(0.34)

The market value of Forafric Global PLC is measured differently than its book value, which is the value of Forafric that is recorded on the company's balance sheet. Investors also form their own opinion of Forafric Global's value that differs from its market value or its book value, called intrinsic value, which is Forafric Global'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 Forafric Global's market value can be influenced by many factors that don't directly affect Forafric Global'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 Forafric Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forafric Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forafric Global'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.

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Forafric Retained Earnings vs Net Working Capital Analysis

Retained Earnings vs Net Working Capital

Retained Earnings vs Net Working Capital Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Working Capital

Forafric Global fundamental ratios Correlations

Forafric Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Short Term Debt	+ 0.99	Total Assets
Short Term Debt	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Net Receivables

Non Currrent Assets Other	- 1.0	Retained Earnings
Non Current Liabilities Total	- 0.99	Net Tangible Assets
Non Current Liabilities Total	- 0.99	Total Stockholder Equity
Non Current Assets Total	- 0.97	Other Liab
Property Plant And Equipment Net	- 0.96	Other Liab
Other Liab	- 0.96	Total Assets