ConAgra Total Current Assets vs Property Plant And Equipment Net Analysis

CAG Stock  USD 27.55  0.10  0.36%   
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 Total Current Assets and its Property Plant And Equipment Net 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.

Total Current Assets vs Property Plant And Equipment Net

Total Current Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ConAgra Foods Total Current Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ConAgra Foods' Total Current Assets and Property Plant And Equipment Net is 0.96. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant And Equipment Net 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' Total Current Assets and Property Plant And Equipment Net 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 ConAgra Foods are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Current Assets i.e., ConAgra Foods' Total Current Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

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.
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 Profit2.8B3.3B3.3B3.3B
Total Revenue11.5B12.3B12.1B12.7B

ConAgra Foods fundamental ratios Correlations

0.970.10.820.920.690.980.85-0.020.990.55-0.020.590.770.940.70.090.220.970.480.590.50.940.620.720.72
0.970.130.750.830.681.00.750.030.960.470.030.630.650.980.680.120.240.980.40.610.450.940.610.630.62
0.10.130.00.020.140.170.09-0.650.1-0.15-0.650.26-0.150.160.160.32-0.010.150.150.04-0.190.280.35-0.13-0.12
0.820.750.00.780.670.760.79-0.090.790.57-0.090.530.710.660.750.150.090.780.480.610.860.660.580.630.64
0.920.830.020.780.440.840.91-0.140.940.71-0.140.320.820.750.52-0.170.330.80.460.330.560.830.620.680.7
0.690.680.140.670.440.680.55-0.010.59-0.06-0.010.910.490.740.940.64-0.250.780.580.960.320.550.350.670.67
0.981.00.170.760.840.680.77-0.030.970.47-0.030.630.640.970.690.130.240.980.420.60.450.940.630.620.62
0.850.750.090.790.910.550.77-0.210.870.6-0.210.410.750.70.590.13-0.070.750.410.410.540.710.460.830.82
-0.020.03-0.65-0.09-0.14-0.01-0.03-0.21-0.04-0.031.0-0.030.020.09-0.20.0-0.060.05-0.380.13-0.09-0.07-0.340.090.04
0.990.960.10.790.940.590.970.87-0.040.61-0.040.50.750.920.620.010.260.940.410.490.50.940.630.690.69
0.550.47-0.150.570.71-0.060.470.6-0.030.61-0.03-0.120.610.350.05-0.480.360.410.08-0.10.530.550.410.330.32
-0.020.03-0.65-0.09-0.14-0.01-0.03-0.211.0-0.04-0.03-0.030.020.09-0.20.0-0.060.05-0.380.13-0.09-0.07-0.340.090.04
0.590.630.260.530.320.910.630.41-0.030.5-0.12-0.030.270.70.880.68-0.190.710.430.940.20.50.420.440.41
0.770.65-0.150.710.820.490.640.750.020.750.610.020.270.590.48-0.150.160.680.610.40.520.680.280.780.83
0.940.980.160.660.750.740.970.70.090.920.350.090.70.590.690.260.130.980.370.670.290.930.550.650.63
0.70.680.160.750.520.940.690.59-0.20.620.05-0.20.880.480.690.52-0.080.750.640.920.470.550.510.570.58
0.090.120.320.15-0.170.640.130.130.00.01-0.480.00.68-0.150.260.52-0.710.240.030.66-0.110.0-0.070.30.22
0.220.24-0.010.090.33-0.250.24-0.07-0.060.260.36-0.06-0.190.160.13-0.08-0.710.140.15-0.230.170.340.57-0.38-0.29
0.970.980.150.780.80.780.980.750.050.940.410.050.710.680.980.750.240.140.450.710.430.930.580.680.67
0.480.40.150.480.460.580.420.41-0.380.410.08-0.380.430.610.370.640.030.150.450.50.280.390.410.420.54
0.590.610.040.610.330.960.60.410.130.49-0.10.130.940.40.670.920.66-0.230.710.50.310.450.310.550.54
0.50.45-0.190.860.560.320.450.54-0.090.50.53-0.090.20.520.290.47-0.110.170.430.280.310.330.380.360.38
0.940.940.280.660.830.550.940.71-0.070.940.55-0.070.50.680.930.550.00.340.930.390.450.330.630.550.55
0.620.610.350.580.620.350.630.46-0.340.630.41-0.340.420.280.550.51-0.070.570.580.410.310.380.630.020.05
0.720.63-0.130.630.680.670.620.830.090.690.330.090.440.780.650.570.3-0.380.680.420.550.360.550.020.99
0.720.62-0.120.640.70.670.620.820.040.690.320.040.410.830.630.580.22-0.290.670.540.540.380.550.050.99
Click cells to compare fundamentals

ConAgra Foods Account Relationship Matchups

ConAgra Foods fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.3B22.2B22.4B22.1B20.9B14.3B
Short Long Term Debt Total9.7B9.0B9.0B9.2B8.7B5.1B
Other Current Liab915.2M919.8M739.5M656M739.8M886.8M
Total Current Liabilities3.3B3.3B3.5B4.4B3.2B2.7B
Total Stockholder Equity8.0B8.6B8.9B8.8B8.4B4.6B
Property Plant And Equipment Net2.4B2.6B2.7B2.8B3.1B2.8B
Net Debt9.2B8.9B8.9B9.1B8.6B4.8B
Retained Earnings5.5B6.3B6.6B6.6B6.3B3.3B
Cash553.3M79.2M83.3M93.9M77.7M73.8M
Non Current Assets Total19.4B19.5B19.4B18.7B17.7B9.8B
Non Currrent Assets Other1.3B1.4B1.5B1.5B416.3M637.1M
Cash And Short Term Investments553.3M79.2M83.3M93.9M77.7M73.8M
Net Receivables860.8M793.9M867.4M965.4M871.8M875.2M
Common Stock Shares Outstanding488.6M487.8M482.2M480.7M480M497.3M
Liabilities And Stockholders Equity22.3B22.2B22.4B22.1B20.9B14.3B
Non Current Liabilities Total11.1B10.3B10.1B8.8B9.1B5.9B
Inventory1.4B1.7B1.9B2.2B2.1B1.8B
Other Current Assets93.9M165.1M116.3M126.7M117M111.2M
Other Stockholder Equity(332.1M)(558.2M)(673M)(739.4M)(721.6M)(757.7M)
Total Liab14.4B13.6B13.6B13.2B12.4B9.6B
Property Plant And Equipment Gross2.4B2.6B5.9B2.8B6.6B6.9B
Total Current Assets2.9B2.7B3.0B3.4B3.1B3.3B
Accumulated Other Comprehensive Income(109.6M)5.8M(11.2M)(44.4M)(35.5M)(37.3M)
Short Term Debt846.6M730.5M891.6M2.3B1.0B643.8M
Intangible Assets4.3B4.2B3.9B3.2B2.7B2.6B
Accounts Payable1.5B1.7B1.9B1.5B1.5B1.2B
Other Liab2.0B2.0B1.8B2.0B2.3B1.4B
Other Assets101.7M323.6M1.5B311.8M358.6M340.6M
Long Term Debt8.9B8.3B8.1B7.1B7.5B6.0B
Good Will11.4B11.4B11.3B11.2B10.6B6.8B
Treasury Stock(2.8B)(2.7B)(3.0B)(3.0B)(2.7B)(2.8B)
Property Plant Equipment2.4B2.8B2.7B2.8B2.5B2.3B
Noncontrolling Interest In Consolidated Entity74.6M79.6M74.5M70.5M81.1M71.8M
Retained Earnings Total Equity5.5B6.3B6.6B6.6B7.6B4.8B
Net Tangible Assets(7.9B)(7.0B)(6.3B)8.7B7.9B8.3B

Currently Active Assets on Macroaxis

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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.