Cal Total Assets vs Common Stock Analysis

CALM Stock  USD 95.96  0.18  0.19%   
Cal Maine financial indicator trend analysis is way more than just evaluating Cal Maine Foods prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cal Maine Foods is a good investment. Please check the relationship between Cal Maine Total Assets and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cal Maine 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 bureau of economic analysis.

Total Assets vs Common Stock

Total Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cal Maine Foods Total Assets account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cal Maine's Total Assets and Common Stock is 0.58. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Cal Maine Foods, assuming nothing else is changed. The correlation between historical values of Cal Maine's Total Assets and Common Stock 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 Assets of Cal Maine Foods are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Assets i.e., Cal Maine's Total Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Cal Maine 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 Cal Maine 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.

Common Stock

Most indicators from Cal Maine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cal Maine 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 Cal Maine 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 bureau of economic analysis.
At this time, Cal Maine's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Over EBITDA is likely to grow to 9.19, while Tax Provision is likely to drop about 62.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit337.1M1.2B541.6M568.6M
Total Revenue1.8B3.1B2.3B2.4B

Cal Maine fundamental ratios Correlations

-0.740.730.811.00.97-0.921.00.240.860.96-0.130.90.82-0.530.810.93-0.410.42-0.120.940.98-0.540.580.580.64
-0.74-0.18-0.28-0.78-0.820.67-0.78-0.16-0.48-0.870.37-0.47-0.650.36-0.57-0.770.68-0.450.26-0.66-0.610.73-0.79-0.8-0.72
0.73-0.180.960.690.64-0.650.690.380.720.590.230.770.67-0.450.580.68-0.090.18-0.040.760.81-0.230.130.130.36
0.81-0.280.960.760.74-0.720.760.30.770.690.130.80.76-0.460.690.77-0.10.25-0.090.860.86-0.290.20.190.41
1.0-0.780.690.760.97-0.921.00.240.850.97-0.150.890.79-0.530.790.93-0.450.43-0.130.920.97-0.560.610.620.66
0.97-0.820.640.740.97-0.880.970.210.790.99-0.120.780.87-0.490.820.96-0.510.48-0.170.940.91-0.660.620.620.69
-0.920.67-0.65-0.72-0.92-0.88-0.92-0.09-0.97-0.850.24-0.87-0.70.32-0.8-0.840.41-0.520.35-0.89-0.920.63-0.45-0.45-0.55
1.0-0.780.690.761.00.97-0.920.230.850.97-0.150.890.79-0.520.790.93-0.450.43-0.130.920.97-0.560.610.610.65
0.24-0.160.380.30.240.21-0.090.230.040.240.30.140.33-0.70.180.36-0.02-0.520.270.120.220.080.470.450.61
0.86-0.480.720.770.850.79-0.970.850.040.75-0.160.890.62-0.260.750.76-0.280.49-0.330.860.91-0.510.260.260.39
0.96-0.870.590.690.970.99-0.850.970.240.75-0.170.760.85-0.540.790.95-0.50.43-0.170.90.88-0.660.680.680.73
-0.130.370.230.13-0.15-0.120.24-0.150.3-0.16-0.17-0.08-0.03-0.06-0.19-0.110.12-0.190.26-0.11-0.090.21-0.15-0.14-0.08
0.9-0.470.770.80.890.78-0.870.890.140.890.76-0.080.55-0.40.660.71-0.250.38-0.060.810.96-0.30.350.350.38
0.82-0.650.670.760.790.87-0.70.790.330.620.85-0.030.55-0.510.830.94-0.340.3-0.030.880.75-0.530.540.550.73
-0.530.36-0.45-0.46-0.53-0.490.32-0.52-0.7-0.26-0.54-0.06-0.4-0.51-0.43-0.6-0.190.49-0.3-0.32-0.49-0.04-0.57-0.56-0.68
0.81-0.570.580.690.790.82-0.80.790.180.750.79-0.190.660.83-0.430.84-0.180.240.00.830.78-0.420.550.550.73
0.93-0.770.680.770.930.96-0.840.930.360.760.95-0.110.710.94-0.60.84-0.440.33-0.140.910.87-0.590.620.620.77
-0.410.68-0.09-0.1-0.45-0.510.41-0.45-0.02-0.28-0.50.12-0.25-0.34-0.19-0.18-0.44-0.720.41-0.46-0.330.71-0.32-0.35-0.29
0.42-0.450.180.250.430.48-0.520.43-0.520.490.43-0.190.380.30.490.240.33-0.72-0.510.580.4-0.69-0.03-0.01-0.11
-0.120.26-0.04-0.09-0.13-0.170.35-0.130.27-0.33-0.170.26-0.06-0.03-0.30.0-0.140.41-0.51-0.21-0.080.680.090.090.02
0.94-0.660.760.860.920.94-0.890.920.120.860.9-0.110.810.88-0.320.830.91-0.460.58-0.210.92-0.610.420.420.55
0.98-0.610.810.860.970.91-0.920.970.220.910.88-0.090.960.75-0.490.780.87-0.330.4-0.080.92-0.420.470.470.55
-0.540.73-0.23-0.29-0.56-0.660.63-0.560.08-0.51-0.660.21-0.3-0.53-0.04-0.42-0.590.71-0.690.68-0.61-0.42-0.34-0.36-0.42
0.58-0.790.130.20.610.62-0.450.610.470.260.68-0.150.350.54-0.570.550.62-0.32-0.030.090.420.47-0.341.00.86
0.58-0.80.130.190.620.62-0.450.610.450.260.68-0.140.350.55-0.560.550.62-0.35-0.010.090.420.47-0.361.00.85
0.64-0.720.360.410.660.69-0.550.650.610.390.73-0.080.380.73-0.680.730.77-0.29-0.110.020.550.55-0.420.860.85
Click cells to compare fundamentals

Cal Maine Account Relationship Matchups

Cal Maine fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.2B1.4B2.0B2.2B2.3B
Short Long Term Debt Total3.4M2.4M1.4M918K826.2K784.9K
Other Current Liab36.3M36.4M76.9M91.9M108.5M114.0M
Total Current Liabilities93.2M90.1M184.7M182.7M227.7M239.1M
Total Stockholder Equity1.0B1.0B1.1B1.6B1.8B1.9B
Property Plant And Equipment Net557.4M591.7M679.2M744.5M857.2M900.1M
Net Debt(74.7M)(55.0M)(57.6M)(291.9M)(237.9M)(226.0M)
Retained Earnings975.1M976.0M1.1B1.6B1.8B1.8B
Accounts Payable92.2M52.8M82.0M82.6M75.9M53.0M
Cash78.1M57.4M59.1M292.8M237.9M249.8M
Non Current Assets Total684.4M709.2M766.0M829.6M957.1M1.0B
Non Currrent Assets Other127.1M(6.1M)(688K)1.5M26.9M31.5M
Cash And Short Term Investments232.3M169.5M174.5M647.9M812.4M853.0M
Net Receivables98.4M126.6M219.4M187.2M162.4M170.6M
Common Stock Shares Outstanding48.6M48.7M48.7M48.8M48.9M45.0M
Liabilities And Stockholders Equity1.2B1.2B1.4B2.0B2.2B2.3B
Non Current Liabilities Total103.8M126.3M138.5M162.2M174.1M124.1M
Inventory187.2M218.4M263.3M284.4M261.8M274.9M
Other Current Assets4.4M5.4M4.3M5.4M5.2M5.0M
Other Stockholder Equity33.7M36.6M39.5M42.1M44.8M58.8M
Total Liab197.0M216.4M323.1M344.9M401.9M361.7M
Property Plant And Equipment Gross560.6M591.7M1.4B1.5B1.7B1.7B
Total Current Assets522.3M519.9M661.5M1.1B1.2B1.3B
Accumulated Other Comprehensive Income79K(558K)(1.6M)(2.9M)(1.8M)(1.9M)
Short Term Debt1.7M1.0M906K696K626.4K595.1K
Intangible Assets22.8M20.3M18.1M15.9M16.0M12.6M
Other Liab90.7M101.4M124.8M137.7M158.4M166.3M
Other Assets2.0M1.8M2.7M5.4M6.2M4.2M
Treasury Stock(26.7M)(27.4M)(28.4M)(30.0M)(27.0M)(28.4M)
Property Plant Equipment560.6M591.7M677.8M744.5M856.2M899.0M
Short Term Investments154.2M112.2M115.4M355.1M574.5M603.2M
Net Tangible Assets951.3M956.9M1.0B1.6B1.8B938.4M
Noncontrolling Interest In Consolidated Entity2.3M3.2M(206K)(1.5M)(1.3M)(1.3M)
Retained Earnings Total Equity975.1M976.0M1.1B1.6B1.8B1.9B

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When determining whether Cal Maine Foods is a strong investment it is important to analyze Cal Maine's 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 Cal Maine's future performance. For an informed investment choice regarding Cal Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cal Maine 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 bureau of economic analysis.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 Cal Maine. If investors know Cal 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 Cal Maine 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
159.9
Dividend Share
2.902
Earnings Share
8.73
Revenue Per Share
54.437
Quarterly Revenue Growth
0.711
The market value of Cal Maine Foods is measured differently than its book value, which is the value of Cal that is recorded on the company's balance sheet. Investors also form their own opinion of Cal Maine's value that differs from its market value or its book value, called intrinsic value, which is Cal Maine'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 Cal Maine's market value can be influenced by many factors that don't directly affect Cal Maine'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 Cal Maine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cal Maine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cal Maine'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.