ConAgra Property Plant And Equipment Net vs Total Assets Analysis
CAG Stock | USD 27.45 0.03 0.11% |
ConAgra Foods financial indicator trend analysis is way more than just evaluating ConAgra Foods prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ConAgra Foods is a good investment. Please check the relationship between ConAgra Foods Property Plant And Equipment Net and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConAgra 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 nation. For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.
Property Plant And Equipment Net vs Total Assets
Property Plant And Equipment Net vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ConAgra Foods Property Plant And Equipment Net account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between ConAgra Foods' Property Plant And Equipment Net and Total Assets is 0.69. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Assets in the same time period over historical financial statements of ConAgra Foods, assuming nothing else is changed. The correlation between historical values of ConAgra Foods' Property Plant And Equipment Net and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of ConAgra Foods are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Net i.e., ConAgra Foods' Property Plant And Equipment Net and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Total Assets
Total assets refers to the total amount of ConAgra Foods assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in ConAgra Foods books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from ConAgra Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ConAgra 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 ConAgra 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 nation. For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.The ConAgra Foods' current Enterprise Value is estimated to increase to about 12.9 B, while Selling General Administrative is projected to decrease to roughly 2.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.8B | 3.3B | 3.4B | 3.3B | Total Revenue | 11.5B | 12.3B | 12.1B | 12.7B |
ConAgra Foods fundamental ratios Correlations
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ConAgra Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ConAgra Foods fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 22.3B | 22.2B | 22.4B | 22.1B | 20.9B | 14.3B | |
Short Long Term Debt Total | 9.7B | 9.0B | 9.0B | 9.2B | 8.7B | 5.1B | |
Other Current Liab | 915.2M | 919.8M | 739.5M | 656M | 700.4M | 886.0M | |
Total Current Liabilities | 3.3B | 3.3B | 3.5B | 4.4B | 3.2B | 2.7B | |
Total Stockholder Equity | 8.0B | 8.6B | 8.9B | 8.8B | 8.4B | 4.6B | |
Property Plant And Equipment Net | 2.4B | 2.6B | 2.7B | 2.8B | 3.1B | 2.8B | |
Net Debt | 9.2B | 8.9B | 8.9B | 9.1B | 8.6B | 4.8B | |
Retained Earnings | 5.5B | 6.3B | 6.6B | 6.6B | 6.3B | 3.3B | |
Cash | 553.3M | 79.2M | 83.3M | 93.9M | 77.7M | 73.8M | |
Non Current Assets Total | 19.4B | 19.5B | 19.4B | 18.7B | 17.7B | 9.8B | |
Non Currrent Assets Other | 1.3B | 1.4B | 1.5B | 1.5B | 416.3M | 637.1M | |
Cash And Short Term Investments | 553.3M | 79.2M | 83.3M | 93.9M | 77.7M | 73.8M | |
Net Receivables | 860.8M | 793.9M | 867.4M | 965.4M | 871.8M | 875.2M | |
Common Stock Shares Outstanding | 488.6M | 487.8M | 482.2M | 480.7M | 480M | 497.3M | |
Liabilities And Stockholders Equity | 22.3B | 22.2B | 22.4B | 22.1B | 20.9B | 14.3B | |
Non Current Liabilities Total | 11.1B | 10.3B | 10.1B | 8.8B | 9.1B | 5.9B | |
Inventory | 1.4B | 1.7B | 1.9B | 2.2B | 2.1B | 1.8B | |
Other Current Assets | 93.9M | 165.1M | 116.3M | 126.7M | 117M | 111.2M | |
Other Stockholder Equity | (332.1M) | (558.2M) | (673M) | (739.4M) | (721.6M) | (757.7M) | |
Total Liab | 14.4B | 13.6B | 13.6B | 13.2B | 12.4B | 9.6B | |
Property Plant And Equipment Gross | 2.4B | 2.6B | 5.9B | 2.8B | 6.6B | 6.9B | |
Total Current Assets | 2.9B | 2.7B | 3.0B | 3.4B | 3.1B | 3.3B | |
Accumulated Other Comprehensive Income | (109.6M) | 5.8M | (11.2M) | (44.4M) | (35.5M) | (37.3M) | |
Short Term Debt | 846.6M | 730.5M | 891.6M | 2.3B | 1.0B | 644.9M | |
Intangible Assets | 4.3B | 4.2B | 3.9B | 3.2B | 2.7B | 2.6B | |
Accounts Payable | 1.5B | 1.7B | 1.9B | 1.5B | 1.5B | 1.2B | |
Other Liab | 2.0B | 2.0B | 1.8B | 2.0B | 2.3B | 1.4B | |
Other Assets | 101.7M | 323.6M | 1.5B | 311.8M | 358.6M | 340.6M | |
Long Term Debt | 8.9B | 8.3B | 8.1B | 7.1B | 7.5B | 6.0B | |
Good Will | 11.4B | 11.4B | 11.3B | 11.2B | 10.6B | 6.8B | |
Treasury Stock | (2.8B) | (2.7B) | (3.0B) | (3.0B) | (2.7B) | (2.8B) | |
Property Plant Equipment | 2.4B | 2.8B | 2.7B | 2.8B | 2.5B | 2.3B | |
Noncontrolling Interest In Consolidated Entity | 74.6M | 79.6M | 74.5M | 70.5M | 81.1M | 71.8M | |
Retained Earnings Total Equity | 5.5B | 6.3B | 6.6B | 6.6B | 7.6B | 4.8B | |
Net Tangible Assets | (7.9B) | (7.0B) | (6.3B) | 8.7B | 7.9B | 8.3B |
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When determining whether ConAgra Foods is a strong investment it is important to analyze ConAgra Foods' 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 ConAgra Foods' future performance. For an informed investment choice regarding ConAgra Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConAgra 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 nation. For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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 ConAgra Foods. If investors know ConAgra 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 ConAgra Foods 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 0.451 | Dividend Share 1.4 | Earnings Share 1.02 | Revenue Per Share 24.944 | Quarterly Revenue Growth (0.04) |
The market value of ConAgra Foods is measured differently than its book value, which is the value of ConAgra that is recorded on the company's balance sheet. Investors also form their own opinion of ConAgra Foods' value that differs from its market value or its book value, called intrinsic value, which is ConAgra Foods' 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 ConAgra Foods' market value can be influenced by many factors that don't directly affect ConAgra Foods' 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 ConAgra Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if ConAgra Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConAgra Foods' 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.