Australian Gross Profit vs Reconciled Depreciation Analysis

AHF Stock   0.04  0.01  22.58%   
Australian Dairy financial indicator trend analysis is way more than just evaluating Australian Dairy Farms prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Australian Dairy Farms is a good investment. Please check the relationship between Australian Dairy Gross Profit and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Australian Dairy Farms. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Gross Profit vs Reconciled Depreciation

Gross Profit vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Australian Dairy Farms Gross Profit account and Reconciled Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Australian Dairy's Gross Profit and Reconciled Depreciation is -0.2. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Australian Dairy Farms, assuming nothing else is changed. The correlation between historical values of Australian Dairy's Gross Profit and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Australian Dairy Farms are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Gross Profit i.e., Australian Dairy's Gross Profit and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Australian Dairy Farms minus its cost of goods sold. It is profit before Australian Dairy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Reconciled Depreciation

Most indicators from Australian Dairy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Australian Dairy Farms 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 Australian Dairy Farms. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 3.6 M in 2024, whereas Discontinued Operations is likely to drop (2.8 M) in 2024.
 2021 2023 2024 (projected)
Interest Income6.5K20.9K19.9K
Minority Interest82.7K74.4K70.7K

Australian Dairy fundamental ratios Correlations

0.380.690.510.840.390.410.810.260.830.240.430.770.770.570.84-0.490.53-0.370.95-0.470.270.640.450.040.56
0.380.53-0.130.25-0.080.410.50.050.43-0.25-0.120.230.430.270.23-0.490.480.10.36-0.51-0.14-0.020.01-0.080.03
0.690.530.480.680.20.410.680.010.70.550.360.540.680.510.71-0.930.54-0.240.73-0.140.120.30.28-0.30.34
0.51-0.130.480.290.37-0.180.170.030.180.540.970.60.1-0.060.65-0.31-0.08-0.910.540.230.220.690.86-0.570.85
0.840.250.680.290.090.460.890.250.860.270.170.610.80.680.79-0.530.73-0.080.86-0.40.030.360.160.230.28
0.39-0.080.20.370.09-0.120.07-0.080.270.180.350.190.280.070.19-0.12-0.34-0.290.210.110.90.320.24-0.110.22
0.410.410.41-0.180.46-0.120.64-0.30.670.13-0.290.330.730.60.34-0.450.80.370.43-0.78-0.17-0.02-0.330.55-0.16
0.810.50.680.170.890.070.640.020.960.140.090.580.920.570.66-0.50.850.00.81-0.63-0.020.330.120.330.26
0.260.050.010.030.25-0.08-0.30.02-0.06-0.010.080.16-0.170.160.30.1-0.07-0.20.260.15-0.120.210.29-0.180.25
0.830.430.70.180.860.270.670.96-0.060.220.070.550.990.670.66-0.550.780.040.81-0.610.180.390.060.370.21
0.24-0.250.550.540.270.180.130.14-0.010.220.420.160.220.090.35-0.560.06-0.30.290.330.210.280.25-0.390.32
0.43-0.120.360.970.170.35-0.290.090.080.070.420.59-0.02-0.150.58-0.15-0.16-0.980.460.270.150.720.94-0.580.92
0.770.230.540.60.610.190.330.580.160.550.160.590.490.450.84-0.330.49-0.580.8-0.32-0.050.630.60.040.65
0.770.430.680.10.80.280.730.92-0.170.990.22-0.020.490.680.57-0.580.780.140.73-0.620.230.31-0.060.410.09
0.570.270.51-0.060.680.070.60.570.160.670.09-0.150.450.680.64-0.520.690.210.6-0.4-0.060.27-0.150.44-0.07
0.840.230.710.650.790.190.340.660.30.660.350.580.840.570.64-0.540.55-0.520.9-0.25-0.060.660.56-0.040.62
-0.49-0.49-0.93-0.31-0.53-0.12-0.45-0.50.1-0.55-0.56-0.15-0.33-0.58-0.52-0.54-0.470.02-0.530.11-0.11-0.08-0.010.29-0.06
0.530.480.54-0.080.73-0.340.80.85-0.070.780.06-0.160.490.780.690.55-0.470.220.63-0.69-0.430.16-0.130.50.02
-0.370.1-0.24-0.91-0.08-0.290.370.0-0.20.04-0.3-0.98-0.580.140.21-0.520.020.22-0.4-0.29-0.08-0.71-0.980.59-0.94
0.950.360.730.540.860.210.430.810.260.810.290.460.80.730.60.9-0.530.63-0.4-0.480.070.650.480.020.58
-0.47-0.51-0.140.23-0.40.11-0.78-0.630.15-0.610.330.27-0.32-0.62-0.4-0.250.11-0.69-0.29-0.480.14-0.10.2-0.590.06
0.27-0.140.120.220.030.9-0.17-0.02-0.120.180.210.15-0.050.23-0.06-0.06-0.11-0.43-0.080.070.140.140.03-0.160.02
0.64-0.020.30.690.360.32-0.020.330.210.390.280.720.630.310.270.66-0.080.16-0.710.65-0.10.140.76-0.120.82
0.450.010.280.860.160.24-0.330.120.290.060.250.940.6-0.06-0.150.56-0.01-0.13-0.980.480.20.030.76-0.550.98
0.04-0.08-0.3-0.570.23-0.110.550.33-0.180.37-0.39-0.580.040.410.44-0.040.290.50.590.02-0.59-0.16-0.12-0.55-0.44
0.560.030.340.850.280.22-0.160.260.250.210.320.920.650.09-0.070.62-0.060.02-0.940.580.060.020.820.98-0.44
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Australian Dairy Account Relationship Matchups

Australian Dairy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.1M43.1M44.6M36.2M30.3M22.0M
Other Current Liab565.1K566.9K1.7M1.2M1.0M1.6M
Total Current Liabilities15.2M8.7M4.2M2.2M3.6M3.3M
Total Stockholder Equity33.3M34.0M16.0M33.6M26.9M28.2M
Accounts Payable2.2M2.0M1.8M485.7K336.9K320.1K
Cash6.4M6.2M2.4M2.0M6.1M6.4M
Other Assets5.2M4.9M5.4M1.03.5M0.95
Net Receivables2.1M1.3M974.2K660.4K598.1K929.7K
Other Current Assets164.9K151.0K7.3M276.3K384.1K636.3K
Total Liab15.8M9.1M4.7M2.7M3.6M5.4M
Intangible Assets2.8M429.2K547.5K635.7K393.7K626.2K
Common Stock63.9M71.3M43.6M76.1M76.7M80.6M
Property Plant Equipment31.1M29.2M27.6M30.9M35.6M18.2M
Short Long Term Debt Total12.9M6.5M1.1M1.0M2.3M2.1M
Other Liab114.9K98.2K95.2K31.2K35.9K34.1K
Property Plant And Equipment Net36.5M34.0M32.0M27.4M19.4M23.0M
Current Deferred Revenue(12.4M)(6.2M)(745.4K)(555.6K)1.2M1.3M
Net Debt6.6M297.9K(1.3M)(966.9K)(3.9M)(3.7M)
Retained Earnings(31.4M)(38.2M)(35.5M)(48.7M)(53.5M)(50.8M)
Non Current Assets Total39.2M34.4M32.5M28.0M21.4M19.0M
Non Currrent Assets Other(36.2M)(2.4M)(1.0)(28.0M)1.6M1.7M
Cash And Short Term Investments6.4M6.2M2.4M2.1M6.1M3.4M
Common Stock Shares Outstanding360.6M426.4M511.5M559.6M650.4M682.9M
Liabilities And Stockholders Equity49.1M43.1M44.6M36.2M30.3M26.5M
Non Current Liabilities Total639.1K407.7K440.7K516.1K68.9K65.5K
Inventory1.3M1.0M1.4M1.7M1.9M2.0M
Other Stockholder Equity(9.4M)(10.4M)(8.0M)(375.4K)(337.8K)(354.7K)
Property Plant And Equipment Gross31.1M34.8M32.5M28.9M21.9M23.0M
Total Current Assets9.9M8.7M12.1M4.7M9.0M5.7M
Accumulated Other Comprehensive Income720.4K918.4K8.0M6.2M3.6M3.8M
Short Term Debt12.4M6.2M745.4K555.6K2.2M2.9M
Net Tangible Assets7.5M10.9M15.5M33.0M37.9M39.8M
Short Term Investments39.9K36.0K57.8K49.3K21.1K40.9K
Long Term Debt Total524.1K309.5K345.5K484.9K436.4K414.6K
Capital Lease Obligations831.8K509.5K588.1K1.0M512.7K694.1K
Net Invested Capital22.3M17.3M16.0M33.6M28.6M21.8M

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