Agro Other Liab vs Net Debt Analysis

ATFL Stock   888.15  35.35  4.15%   
Agro Tech financial indicator trend analysis is way more than just evaluating Agro Tech Foods prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agro Tech Foods is a good investment. Please check the relationship between Agro Tech Other Liab and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agro Tech Foods. 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.

Other Liab vs Net Debt

Other Liab vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agro Tech Foods Other Liab account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Agro Tech's Other Liab and Net Debt is 0.4. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Net Debt in the same time period over historical financial statements of Agro Tech Foods, assuming nothing else is changed. The correlation between historical values of Agro Tech's Other Liab and Net Debt 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 Liab of Agro Tech Foods are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Liab i.e., Agro Tech's Other Liab and Net Debt go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Other Liab

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Agro Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agro Tech Foods 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 Agro Tech Foods. 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 1.7 B in 2024, whereas Tax Provision is likely to drop slightly above 37 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.8B2.9B2.0B3.6B
Total Revenue9.2B8.5B7.6B6.7B

Agro Tech fundamental ratios Correlations

0.39-0.650.70.980.870.470.970.59-0.360.96-0.27-0.70.58-0.03-0.680.170.890.67-0.110.680.89-0.55-0.07-0.080.89
0.39-0.190.890.220.260.90.22-0.05-0.230.320.0-0.280.150.09-0.240.340.60.120.20.890.46-0.060.010.620.29
-0.65-0.19-0.31-0.69-0.64-0.27-0.63-0.210.19-0.670.620.64-0.530.220.610.03-0.5-0.390.34-0.27-0.510.36-0.090.26-0.47
0.70.89-0.310.550.570.860.530.24-0.290.650.07-0.590.230.0-0.570.230.880.360.290.960.67-0.220.050.490.55
0.980.22-0.690.550.860.30.980.63-0.310.96-0.31-0.670.62-0.05-0.670.070.80.68-0.180.520.85-0.58-0.09-0.20.87
0.870.26-0.640.570.860.390.870.66-0.20.82-0.33-0.670.5-0.48-0.70.170.740.87-0.080.550.81-0.630.4-0.330.88
0.470.9-0.270.860.30.390.32-0.01-0.520.44-0.07-0.450.16-0.04-0.370.560.650.180.150.920.450.050.110.40.36
0.970.22-0.630.530.980.870.320.7-0.360.92-0.33-0.580.65-0.09-0.570.20.770.73-0.250.540.89-0.61-0.06-0.260.92
0.59-0.05-0.210.240.630.66-0.010.7-0.180.45-0.06-0.150.58-0.4-0.160.040.410.71-0.230.220.74-0.640.2-0.460.7
-0.36-0.230.19-0.29-0.31-0.2-0.52-0.36-0.18-0.380.10.27-0.34-0.040.12-0.45-0.280.060.25-0.39-0.25-0.360.170.05-0.19
0.960.32-0.670.650.960.820.440.920.45-0.38-0.25-0.810.430.03-0.80.110.870.550.00.620.74-0.39-0.13-0.050.78
-0.270.00.620.07-0.31-0.33-0.07-0.33-0.060.1-0.250.12-0.530.110.09-0.250.04-0.270.63-0.01-0.260.32-0.020.44-0.33
-0.7-0.280.64-0.59-0.67-0.67-0.45-0.58-0.150.27-0.810.12-0.10.160.980.06-0.79-0.31-0.28-0.52-0.380.07-0.14-0.02-0.41
0.580.15-0.530.230.620.50.160.650.58-0.340.43-0.53-0.1-0.14-0.030.080.260.38-0.760.230.74-0.52-0.03-0.310.61
-0.030.090.220.0-0.05-0.48-0.04-0.09-0.4-0.040.030.110.16-0.140.20.020.01-0.460.050.04-0.140.23-0.940.52-0.17
-0.68-0.240.61-0.57-0.67-0.7-0.37-0.57-0.160.12-0.80.090.98-0.030.20.12-0.77-0.39-0.36-0.47-0.360.15-0.19-0.01-0.44
0.170.340.030.230.070.170.560.20.04-0.450.11-0.250.060.080.020.120.160.24-0.160.480.25-0.11-0.02-0.160.33
0.890.6-0.50.880.80.740.650.770.41-0.280.870.04-0.790.260.01-0.770.160.520.280.840.75-0.38-0.030.220.7
0.670.12-0.390.360.680.870.180.730.710.060.55-0.27-0.310.38-0.46-0.390.240.52-0.120.380.76-0.810.42-0.410.88
-0.110.20.340.29-0.18-0.080.15-0.25-0.230.250.00.63-0.28-0.760.05-0.36-0.160.28-0.120.22-0.280.240.090.44-0.23
0.680.89-0.270.960.520.550.920.540.22-0.390.62-0.01-0.520.230.04-0.470.480.840.380.220.67-0.220.010.40.58
0.890.46-0.510.670.850.810.450.890.74-0.250.74-0.26-0.380.74-0.14-0.360.250.750.76-0.280.67-0.740.04-0.110.93
-0.55-0.060.36-0.22-0.58-0.630.05-0.61-0.64-0.36-0.390.320.07-0.520.230.15-0.11-0.38-0.810.24-0.22-0.74-0.150.38-0.76
-0.070.01-0.090.05-0.090.40.11-0.060.20.17-0.13-0.02-0.14-0.03-0.94-0.19-0.02-0.030.420.090.010.04-0.15-0.320.1
-0.080.620.260.49-0.2-0.330.4-0.26-0.460.05-0.050.44-0.02-0.310.52-0.01-0.160.22-0.410.440.4-0.110.38-0.32-0.25
0.890.29-0.470.550.870.880.360.920.7-0.190.78-0.33-0.410.61-0.17-0.440.330.70.88-0.230.580.93-0.760.1-0.25
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Agro Tech Account Relationship Matchups

Agro Tech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.1B5.5B6.2B6.4B6.4B4.2B
Other Current Liab26.5M135.9M176.1M54.7M169.0M134.7M
Total Current Liabilities690.0M842.5M1.3B1.3B1.2B973.9M
Total Stockholder Equity4.1B4.4B4.6B4.9B5.0B3.1B
Property Plant And Equipment Net2.6B2.9B3.0B3.2B3.4B3.5B
Net Debt157.9M28.1M445.3M553.1M290.3M304.8M
Retained Earnings3.2B3.4B3.6B3.7B4.0B2.3B
Accounts Payable482.7M620.3M694.2M534.7M592.7M596.6M
Cash50.5M116.5M54.2M67.2M129.8M158.7M
Non Current Assets Total3.0B3.3B3.5B3.7B3.8B2.2B
Non Currrent Assets Other(2.7B)232.8M210.7M305.6M294.9M195.8M
Cash And Short Term Investments189.8M176.5M60.6M80.2M129.8M123.3M
Net Receivables929.7M372.2M793.5M691.9M670.0M520.3M
Common Stock Shares Outstanding23.6M23.7M23.9M24.0M24.2M19.3M
Short Term Investments139.2M60.0M6.4M13M11.4M10.8M
Liabilities And Stockholders Equity5.1B5.5B6.2B6.4B6.4B4.2B
Non Current Liabilities Total294.8M255.7M257.5M259.8M259.3M212.2M
Inventory779.9M1.2B1.6B1.7B1.5B1.0B
Other Current Assets177.2M374.3M264.6M289.4M348.2M365.6M
Other Stockholder Equity(3.6B)375.7M441.0M624.3M721.3M757.4M
Total Liab984.7M1.1B1.6B1.5B1.4B1.2B
Total Current Assets2.1B2.2B2.7B2.7B2.6B2.0B
Accumulated Other Comprehensive Income(554.7M)322.0M329.8M329.8M48.3M50.7M
Intangible Assets191.8M172.1M152.5M145.8M139.3M188.5M
Other Liab112.6M131.2M157.1M174.8M157.3M125.9M
Net Tangible Assets3.5B3.9B4.2B4.5B5.1B3.7B
Current Deferred Revenue154.5M158.6M192.5M146.7M36.1M34.3M
Other Assets317.4M276.5M327.9M101.8M91.7M87.1M
Short Term Debt26.3M57.1M399.1M535.3M355.6M288.3M
Property Plant Equipment2.5B2.9B3.0B3.2B3.6B2.4B
Long Term Debt Total182.2M124.5M100.3M85.0M97.8M77.3M
Net Invested Capital4.1B4.4B5.0B5.4B5.3B4.9B
Net Working Capital1.4B1.3B1.4B1.5B1.4B1.5B

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