Mission Good Will vs Common Stock Total Equity Analysis

AVO Stock  USD 13.09  0.01  0.08%   
Mission Produce financial indicator trend analysis is infinitely more than just investigating Mission Produce recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mission Produce is a good investment. Please check the relationship between Mission Produce Good Will and its Common Stock Total Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mission Produce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Mission Stock, please use our How to Invest in Mission Produce guide.

Good Will vs Common Stock Total Equity

Good Will vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mission Produce Good Will account and Common Stock Total Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Mission Produce's Good Will and Common Stock Total Equity is -0.76. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Mission Produce, assuming nothing else is changed. The correlation between historical values of Mission Produce's Good Will and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Mission Produce are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Good Will i.e., Mission Produce's Good Will and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Mission Produce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mission Produce 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 Mission Produce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Mission Stock, please use our How to Invest in Mission Produce guide.As of the 22nd of November 2024, Enterprise Value is likely to grow to about 1.3 B, while Tax Provision is likely to drop about 1.9 M.
 2022 2023 2024 (projected)
Depreciation And Amortization32.8M37.7M25.0M
Interest Income1.5M1.7M1.8M

Mission Produce fundamental ratios Correlations

0.760.970.980.980.970.990.970.140.95-0.780.520.990.910.52-0.940.52-0.89-0.850.960.780.820.910.940.940.97
0.760.630.760.620.730.650.840.720.56-0.46-0.10.840.520.5-0.61-0.1-0.55-0.820.630.780.990.820.780.550.66
0.970.630.950.990.930.990.94-0.020.95-0.820.620.940.960.53-0.940.62-0.92-0.810.990.660.690.850.910.980.99
0.980.760.950.940.950.960.980.20.92-0.650.420.980.830.56-0.950.42-0.89-0.910.910.770.820.920.980.90.93
0.980.620.990.940.940.990.91-0.060.99-0.830.670.940.950.44-0.940.67-0.9-0.750.980.710.690.850.880.970.98
0.970.730.930.950.940.940.930.090.91-0.740.550.950.870.62-0.930.55-0.89-0.830.930.870.810.880.910.860.94
0.990.650.990.960.990.940.940.00.97-0.80.610.950.940.49-0.940.61-0.89-0.80.980.690.720.860.910.970.98
0.970.840.940.980.910.930.940.320.87-0.680.330.990.830.6-0.90.33-0.85-0.930.910.740.880.920.980.890.93
0.140.72-0.020.2-0.060.090.00.32-0.110.19-0.760.29-0.170.22-0.01-0.760.04-0.45-0.040.310.640.340.3-0.080.0
0.950.560.950.920.990.910.970.87-0.11-0.760.690.90.90.33-0.940.69-0.87-0.70.930.690.640.820.850.940.93
-0.78-0.46-0.82-0.65-0.83-0.74-0.8-0.680.19-0.76-0.71-0.73-0.94-0.330.71-0.710.770.48-0.89-0.57-0.52-0.65-0.55-0.84-0.88
0.52-0.10.620.420.670.550.610.33-0.760.69-0.710.380.740.16-0.571.0-0.58-0.130.650.30.010.290.310.630.62
0.990.840.940.980.940.950.950.990.290.9-0.730.380.850.55-0.910.38-0.86-0.90.930.790.890.930.960.90.94
0.910.520.960.830.950.870.940.83-0.170.9-0.940.740.850.46-0.860.74-0.88-0.650.980.620.590.750.750.950.97
0.520.50.530.560.440.620.490.60.220.33-0.330.160.550.46-0.480.16-0.51-0.740.530.460.560.490.640.390.55
-0.94-0.61-0.94-0.95-0.94-0.93-0.94-0.9-0.01-0.940.71-0.57-0.91-0.86-0.48-0.570.970.84-0.91-0.75-0.69-0.93-0.91-0.91-0.92
0.52-0.10.620.420.670.550.610.33-0.760.69-0.711.00.380.740.16-0.57-0.58-0.130.650.30.010.290.310.630.62
-0.89-0.55-0.92-0.89-0.9-0.89-0.89-0.850.04-0.870.77-0.58-0.86-0.88-0.510.97-0.580.81-0.9-0.71-0.63-0.89-0.84-0.91-0.91
-0.85-0.82-0.81-0.91-0.75-0.83-0.8-0.93-0.45-0.70.48-0.13-0.9-0.65-0.740.84-0.130.81-0.76-0.68-0.85-0.91-0.95-0.73-0.79
0.960.630.990.910.980.930.980.91-0.040.93-0.890.650.930.980.53-0.910.65-0.9-0.760.680.690.820.860.971.0
0.780.780.660.770.710.870.690.740.310.69-0.570.30.790.620.46-0.750.3-0.71-0.680.680.850.80.710.580.7
0.820.990.690.820.690.810.720.880.640.64-0.520.010.890.590.56-0.690.01-0.63-0.850.690.850.860.830.610.73
0.910.820.850.920.850.880.860.920.340.82-0.650.290.930.750.49-0.930.29-0.89-0.910.820.80.860.910.810.85
0.940.780.910.980.880.910.910.980.30.85-0.550.310.960.750.64-0.910.31-0.84-0.950.860.710.830.910.840.88
0.940.550.980.90.970.860.970.89-0.080.94-0.840.630.90.950.39-0.910.63-0.91-0.730.970.580.610.810.840.97
0.970.660.990.930.980.940.980.930.00.93-0.880.620.940.970.55-0.920.62-0.91-0.791.00.70.730.850.880.97
Click cells to compare fundamentals

Mission Produce Account Relationship Matchups

Mission Produce fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets777.3M873.5M879.5M914.8M1.1B872.0M
Short Long Term Debt Total178.6M213.3M214.1M252.7M290.6M228.8M
Other Current Liab44.9M48.9M54.4M51.2M58.9M45.0M
Total Current Liabilities77.9M89.2M101.7M97.5M112.1M94.3M
Total Stockholder Equity473.5M534.2M502.1M503.6M579.1M496.1M
Other Liab48.6M51.6M50.3M52.7M60.6M54.6M
Net Tangible Assets302.6M397.1M457.8M460.7M529.8M408.2M
Property Plant And Equipment Net379.1M468.1M555.1M595.6M684.9M484.5M
Net Debt54.6M128.8M161.3M209.8M241.3M156.5M
Retained Earnings251.2M309M274.4M271M311.7M278.5M
Accounts Payable20.5M22.8M34.4M27.2M24.5M25.5M
Cash124M84.5M52.8M42.9M49.3M72.3M
Non Current Assets Total529.2M626.4M651.4M694.7M798.9M632.5M
Non Currrent Assets Other11.0M22.6M21.6M19.7M22.7M19.6M
Other Assets14M27M100K27.8M32.0M18.5M
Long Term Debt166.7M155.1M136.9M151.1M136.0M130.2M
Cash And Short Term Investments124M84.5M52.8M42.9M49.3M72.3M
Liabilities And Stockholders Equity777.3M873.5M879.5M914.8M1.1B872.0M
Non Current Liabilities Total225.9M250.1M254.9M289M332.4M273.3M
Capital Lease Obligations4.5M49.4M71.2M94.9M109.1M114.6M
Inventory38.6M48.2M73.1M70.8M81.4M56.5M
Other Current Assets28M40.6M39.3M32.3M37.1M28.6M
Other Stockholder Equity222.7M225.6M229.3M233.4M268.4M218.1M
Total Liab303.8M339.3M356.6M386.5M444.5M367.6M
Net Invested Capital647.6M698.1M645M661.4M760.6M683.0M
Long Term Investments46.7M54.5M27.1M31M27.9M37.4M
Property Plant And Equipment Gross379.1M468.1M555.1M595.6M684.9M484.5M
Short Long Term Debt7.4M8.8M6M6.7M6.0M5.8M
Total Current Assets248.1M247.1M228.1M220.1M253.1M239.5M
Non Current Liabilities Other24.3M2.2M88.6M26.4M30.4M32.6M
Net Working Capital170.2M157.9M126.4M122.6M141.0M145.2M
Short Term Debt10.8M15.6M11.9M15.9M18.3M12.8M
Property Plant Equipment330.3M379.1M468.1M489.7M563.2M436.0M

Pair Trading with Mission Produce

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mission Produce position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mission Produce will appreciate offsetting losses from the drop in the long position's value.

Moving together with Mission Stock

  0.77KR Kroger Company Earnings Call This WeekPairCorr

Moving against Mission Stock

  0.62ASAI Sendas DistribuidoraPairCorr
  0.57DG Dollar GeneralPairCorr
  0.54CL Colgate Palmolive Fiscal Year End 24th of January 2025 PairCorr
  0.44EL Estee Lauder CompaniesPairCorr
  0.42UL Unilever PLC ADRPairCorr
The ability to find closely correlated positions to Mission Produce could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mission Produce when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mission Produce - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mission Produce to buy it.
The correlation of Mission Produce is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mission Produce moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mission Produce moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mission Produce can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Mission Produce offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mission Produce's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mission Produce Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mission Produce Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mission Produce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Mission Stock, please use our How to Invest in Mission Produce guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Consumer Staples Distribution & Retail 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 Mission Produce. If investors know Mission 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 Mission Produce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.889
Earnings Share
0.33
Revenue Per Share
16.07
Quarterly Revenue Growth
0.239
Return On Assets
0.0291
The market value of Mission Produce is measured differently than its book value, which is the value of Mission that is recorded on the company's balance sheet. Investors also form their own opinion of Mission Produce's value that differs from its market value or its book value, called intrinsic value, which is Mission Produce'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 Mission Produce's market value can be influenced by many factors that don't directly affect Mission Produce'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 Mission Produce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mission Produce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mission Produce'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.