Agro Total Current Assets vs Short Long Term Debt Total Analysis

ATFL Stock   863.25  11.85  1.35%   
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 Total Current Assets and its Short Long Term Debt Total 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.

Total Current Assets vs Short Long Term Debt Total

Total Current Assets vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agro Tech Foods Total Current Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Agro Tech's Total Current Assets and Short Long Term Debt Total is 0.46. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Long Term Debt Total 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 Total Current Assets and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Agro Tech Foods are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Current Assets i.e., Agro Tech's Total Current Assets and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Short Long Term Debt Total

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

0.39-0.650.70.980.870.470.970.59-0.360.96-0.27-0.710.58-0.03-0.680.170.890.68-0.110.680.89-0.55-0.07-0.080.89
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
-0.65-0.19-0.31-0.69-0.64-0.27-0.63-0.210.19-0.670.620.63-0.530.220.610.03-0.5-0.40.34-0.27-0.510.36-0.090.26-0.47
0.70.89-0.310.550.570.860.530.24-0.290.650.07-0.580.230.0-0.570.230.880.360.290.960.67-0.220.050.490.55
0.980.22-0.690.550.860.30.980.63-0.310.96-0.31-0.690.62-0.05-0.670.070.80.68-0.180.520.85-0.58-0.09-0.20.87
0.870.26-0.640.570.860.390.870.66-0.20.82-0.33-0.580.5-0.48-0.70.170.740.87-0.080.550.81-0.630.4-0.330.88
0.470.9-0.270.860.30.390.32-0.01-0.520.44-0.07-0.430.16-0.04-0.370.560.650.180.150.920.450.050.110.40.36
0.970.22-0.630.530.980.870.320.7-0.360.92-0.33-0.590.65-0.09-0.570.20.770.74-0.250.540.89-0.61-0.06-0.260.92
0.59-0.05-0.210.240.630.66-0.010.7-0.180.45-0.06-0.10.58-0.4-0.160.040.410.71-0.230.220.74-0.640.2-0.460.7
-0.36-0.230.19-0.29-0.31-0.2-0.52-0.36-0.18-0.380.10.31-0.34-0.040.12-0.45-0.280.060.25-0.39-0.25-0.360.170.05-0.19
0.960.32-0.670.650.960.820.440.920.45-0.38-0.25-0.840.430.03-0.80.110.870.560.00.620.74-0.39-0.13-0.050.78
-0.270.00.620.07-0.31-0.33-0.07-0.33-0.060.1-0.250.11-0.530.110.09-0.250.04-0.280.63-0.01-0.260.32-0.020.44-0.33
-0.71-0.280.63-0.58-0.69-0.58-0.43-0.59-0.10.31-0.840.11-0.11-0.040.940.06-0.79-0.21-0.26-0.51-0.360.030.08-0.09-0.38
0.580.15-0.530.230.620.50.160.650.58-0.340.43-0.53-0.11-0.14-0.030.080.260.39-0.760.230.74-0.52-0.03-0.310.61
-0.030.090.220.0-0.05-0.48-0.04-0.09-0.4-0.040.030.11-0.04-0.140.20.020.01-0.450.050.04-0.140.23-0.940.52-0.17
-0.68-0.240.61-0.57-0.67-0.7-0.37-0.57-0.160.12-0.80.090.94-0.030.20.12-0.77-0.39-0.36-0.47-0.360.15-0.19-0.01-0.44
0.170.340.030.230.070.170.560.20.04-0.450.11-0.250.060.080.020.120.160.25-0.160.480.25-0.11-0.02-0.160.33
0.890.6-0.50.880.80.740.650.770.41-0.280.870.04-0.790.260.01-0.770.160.530.280.840.75-0.38-0.030.220.7
0.680.12-0.40.360.680.870.180.740.710.060.56-0.28-0.210.39-0.45-0.390.250.53-0.120.380.77-0.810.41-0.410.88
-0.110.20.340.29-0.18-0.080.15-0.25-0.230.250.00.63-0.26-0.760.05-0.36-0.160.28-0.120.22-0.280.240.090.44-0.23
0.680.89-0.270.960.520.550.920.540.22-0.390.62-0.01-0.510.230.04-0.470.480.840.380.220.67-0.220.010.40.58
0.890.46-0.510.670.850.810.450.890.74-0.250.74-0.26-0.360.74-0.14-0.360.250.750.77-0.280.67-0.740.04-0.110.93
-0.55-0.060.36-0.22-0.58-0.630.05-0.61-0.64-0.36-0.390.320.03-0.520.230.15-0.11-0.38-0.810.24-0.22-0.74-0.150.38-0.76
-0.070.01-0.090.05-0.090.40.11-0.060.20.17-0.13-0.020.08-0.03-0.94-0.19-0.02-0.030.410.090.010.04-0.15-0.320.1
-0.080.620.260.49-0.2-0.330.4-0.26-0.460.05-0.050.44-0.09-0.310.52-0.01-0.160.22-0.410.440.4-0.110.38-0.32-0.25
0.890.29-0.470.550.870.880.360.920.7-0.190.78-0.33-0.380.61-0.17-0.440.330.70.88-0.230.580.93-0.760.1-0.25
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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 Investments189.8M176.5M60.6M80.2M141.2M272.2M
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 Assets177.2M374.3M264.6M289.4M336.8M353.7M
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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