Central Operating Income vs Non Operating Income Net Other Analysis

CENT Stock

USD 38.70 0.34 0.89%

Central Garden financial indicator trend analysis is way more than just evaluating Central Garden Pet prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Central Garden Pet is a good investment. Please check the relationship between Central Garden Operating Income and its Non Operating Income Net Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Central Garden Pet. 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.

Operating Income vs Non Operating Income Net Other

Operating Income vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Central Garden Pet Operating Income account and Non Operating Income Net Other. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Central Garden's Operating Income and Non Operating Income Net Other is -0.24. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Central Garden Pet, assuming nothing else is changed. The correlation between historical values of Central Garden's Operating Income and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Central Garden Pet are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Operating Income i.e., Central Garden's Operating Income and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

-0.24

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Central Garden Pet operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Central Garden Pet is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Non Operating Income Net Other

Most indicators from Central Garden's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Central Garden Pet 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 Central Garden Pet. 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 drop to about 310.1 M in 2024. Tax Provision is likely to drop to about 33.7 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	58.3M	57.0M	65.6M	36.4M
Depreciation And Amortization	129.6M	139.6M	160.5M	168.5M

Interest Expense Depreciation And Amortization

Central Garden fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Good Will	Common Stock Total Equity
Total Assets		0.99	0.98	0.96	0.99	0.99	0.85	0.98	0.81	0.77	0.98	0.27	0.77	0.74	0.53	0.99	0.97	0.37	0.77	1.0	0.9	0.98	0.57	0.89	0.86	0.32
Short Long Term Debt Total	0.99		0.95	0.96	0.97	0.99	0.89	0.97	0.81	0.72	0.99	0.3	0.72	0.71	0.48	1.0	0.98	0.32	0.73	1.0	0.93	0.95	0.61	0.89	0.85	0.33
Other Current Liab	0.98	0.95		0.95	0.98	0.95	0.76	0.96	0.77	0.82	0.94	0.32	0.82	0.72	0.56	0.96	0.92	0.36	0.77	0.96	0.84	0.97	0.47	0.83	0.8	0.28
Total Current Liabilities	0.96	0.96	0.95		0.94	0.97	0.81	0.95	0.88	0.76	0.95	0.38	0.76	0.77	0.47	0.95	0.91	0.37	0.75	0.97	0.81	0.94	0.71	0.8	0.8	0.14
Total Stockholder Equity	0.99	0.97	0.98	0.94		0.96	0.78	0.98	0.78	0.82	0.96	0.23	0.82	0.75	0.57	0.97	0.95	0.39	0.78	0.97	0.86	0.99	0.51	0.88	0.85	0.32
Property Plant And Equipment Net	0.99	0.99	0.95	0.97	0.96		0.9	0.97	0.8	0.69	0.99	0.23	0.69	0.7	0.47	0.99	0.98	0.35	0.73	0.99	0.91	0.94	0.62	0.92	0.86	0.29
Net Debt	0.85	0.89	0.76	0.81	0.78	0.9		0.81	0.67	0.33	0.92	0.21	0.33	0.53	0.37	0.9	0.93	0.32	0.58	0.88	0.95	0.73	0.58	0.86	0.8	0.47
Retained Earnings	0.98	0.97	0.96	0.95	0.98	0.97	0.81		0.76	0.79	0.97	0.23	0.78	0.68	0.42	0.97	0.95	0.35	0.7	0.98	0.88	0.96	0.59	0.92	0.84	0.24
Accounts Payable	0.81	0.81	0.77	0.88	0.78	0.8	0.67	0.76		0.66	0.78	0.45	0.66	0.92	0.59	0.79	0.74	0.45	0.86	0.82	0.63	0.8	0.78	0.57	0.82	0.15
Cash	0.77	0.72	0.82	0.76	0.82	0.69	0.33	0.79	0.66		0.66	0.3	1.0	0.68	0.43	0.71	0.62	0.18	0.65	0.73	0.48	0.87	0.39	0.55	0.56	-0.02
Non Current Assets Total	0.98	0.99	0.94	0.95	0.96	0.99	0.92	0.97	0.78	0.66		0.28	0.65	0.68	0.47	0.99	0.99	0.37	0.71	0.99	0.95	0.93	0.6	0.92	0.86	0.37
Non Currrent Assets Other	0.27	0.3	0.32	0.38	0.23	0.23	0.21	0.23	0.45	0.3	0.28		0.3	0.33	0.15	0.27	0.14	0.16	0.24	0.29	0.23	0.25	0.32	-0.1	0.11	0.13
Cash And Short Term Investments	0.77	0.72	0.82	0.76	0.82	0.69	0.33	0.78	0.66	1.0	0.65	0.3		0.68	0.44	0.71	0.62	0.17	0.65	0.73	0.48	0.87	0.38	0.55	0.56	-0.02
Net Receivables	0.74	0.71	0.72	0.77	0.75	0.7	0.53	0.68	0.92	0.68	0.68	0.33	0.68		0.8	0.71	0.66	0.53	0.94	0.73	0.51	0.78	0.58	0.5	0.82	0.25
Common Stock Shares Outstanding	0.53	0.48	0.56	0.47	0.57	0.47	0.37	0.42	0.59	0.43	0.47	0.15	0.44	0.8		0.5	0.5	0.53	0.89	0.5	0.4	0.58	0.03	0.33	0.64	0.58
Non Current Liabilities Total	0.99	1.0	0.96	0.95	0.97	0.99	0.9	0.97	0.79	0.71	0.99	0.27	0.71	0.71	0.5		0.98	0.34	0.74	1.0	0.94	0.95	0.58	0.91	0.86	0.36
Inventory	0.97	0.98	0.92	0.91	0.95	0.98	0.93	0.95	0.74	0.62	0.99	0.14	0.62	0.66	0.5	0.98		0.37	0.72	0.98	0.95	0.92	0.54	0.95	0.88	0.42
Other Current Assets	0.37	0.32	0.36	0.37	0.39	0.35	0.32	0.35	0.45	0.18	0.37	0.16	0.17	0.53	0.53	0.34	0.37		0.53	0.35	0.32	0.35	0.21	0.31	0.5	0.32
Other Stockholder Equity	0.77	0.73	0.77	0.75	0.78	0.73	0.58	0.7	0.86	0.65	0.71	0.24	0.65	0.94	0.89	0.74	0.72	0.53		0.75	0.6	0.8	0.4	0.57	0.85	0.42
Total Liab	1.0	1.0	0.96	0.97	0.97	0.99	0.88	0.98	0.82	0.73	0.99	0.29	0.73	0.73	0.5	1.0	0.98	0.35	0.75		0.92	0.96	0.62	0.89	0.86	0.32
Property Plant And Equipment Gross	0.9	0.93	0.84	0.81	0.86	0.91	0.95	0.88	0.63	0.48	0.95	0.23	0.48	0.51	0.4	0.94	0.95	0.32	0.6	0.92		0.81	0.45	0.9	0.82	0.57
Total Current Assets	0.98	0.95	0.97	0.94	0.99	0.94	0.73	0.96	0.8	0.87	0.93	0.25	0.87	0.78	0.58	0.95	0.92	0.35	0.8	0.96	0.81		0.52	0.83	0.82	0.25
Short Term Debt	0.57	0.61	0.47	0.71	0.51	0.62	0.58	0.59	0.78	0.39	0.6	0.32	0.38	0.58	0.03	0.58	0.54	0.21	0.4	0.62	0.45	0.52		0.47	0.56	-0.25
Intangible Assets	0.89	0.89	0.83	0.8	0.88	0.92	0.86	0.92	0.57	0.55	0.92	-0.1	0.55	0.5	0.33	0.91	0.95	0.31	0.57	0.89	0.9	0.83	0.47		0.83	0.32
Good Will	0.86	0.85	0.8	0.8	0.85	0.86	0.8	0.84	0.82	0.56	0.86	0.11	0.56	0.82	0.64	0.86	0.88	0.5	0.85	0.86	0.82	0.82	0.56	0.83		0.46
Common Stock Total Equity	0.32	0.33	0.28	0.14	0.32	0.29	0.47	0.24	0.15	-0.02	0.37	0.13	-0.02	0.25	0.58	0.36	0.42	0.32	0.42	0.32	0.57	0.25	-0.25	0.32	0.46

Click cells to compare fundamentals

Central Garden Account Relationship Matchups

Central Garden fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.3B	3.1B	3.3B	3.4B	3.9B	4.1B
Short Long Term Debt Total	814.1M	1.4B	1.4B	1.4B	1.6B	1.7B
Other Current Liab	167.9M	194.2M	153.7M	216.2M	248.7M	261.1M
Total Current Liabilities	440.3M	522.3M	465.9M	458.0M	526.7M	553.0M
Total Stockholder Equity	1.1B	1.2B	1.3B	1.5B	1.7B	1.8B
Property Plant And Equipment Net	360.5M	494.2M	583.3M	565.3M	650.1M	682.6M
Net Debt	161.4M	930.2M	1.2B	885.7M	1.0B	1.1B
Retained Earnings	510.8M	646.1M	755.3M	859.4M	988.3M	1.0B
Accounts Payable	205.2M	245.5M	215.7M	190.9M	219.5M	135.0M
Cash	652.7M	426.4M	177.4M	488.7M	562.0M	590.1M
Non Current Assets Total	814.1M	1.6B	1.7B	1.7B	1.9B	2.0B
Non Currrent Assets Other	28.7M	575.0M	(130.8M)	62.6M	71.9M	45.1M
Cash And Short Term Investments	652.7M	426.4M	177.4M	488.7M	562.0M	590.1M
Net Receivables	391.8M	385.4M	376.8M	332.9M	382.8M	211.5M
Common Stock Shares Outstanding	54.7M	55.2M	54.4M	53.4M	61.4M	44.7M
Liabilities And Stockholders Equity	2.3B	3.1B	3.3B	3.4B	3.9B	4.1B
Non Current Liabilities Total	821.4M	1.4B	1.5B	1.5B	1.7B	1.8B
Inventory	439.6M	685.2M	938M	838.2M	963.9M	1.0B
Other Current Assets	41.2M	46.6M	61.6M	47.3M	54.4M	32.4M
Other Stockholder Equity	566.9M	576.4M	582.1M	594.4M	683.6M	419.0M
Total Liab	1.3B	1.9B	1.9B	1.9B	2.2B	2.3B
Property Plant And Equipment Gross	244.7K	494.2M	583.3M	565.3M	650.1M	682.6M
Total Current Assets	1.5B	1.5B	1.6B	1.7B	2.0B	2.1B
Accumulated Other Comprehensive Income	(1.4M)	(831K)	(4.1M)	(3.0M)	(3.4M)	(3.6M)
Short Term Debt	67.1M	82.5M	96.5M	50.8M	45.8M	23.5M
Intangible Assets	134.9M	134.4M	543.2M	497.2M	571.8M	600.4M
Good Will	286.1M	290.0M	369.4M	546.4M	628.4M	314.4M
Common Stock Total Equity	561K	113.0	552K	542K	623.3K	469.0K
Common Stock	548K	552K	542K	537K	617.6K	490.3K
Current Deferred Revenue	(14.0M)	57.3M	41.0K	147.4M	169.5M	178.0M
Other Liab	57.3M	41.0M	56.0M	147.4M	169.5M	178.0M
Net Tangible Assets	563.8M	651.9M	718.4M	244.1M	280.7M	377.9M
Other Assets	37K	24K	31K	16.7M	19.2M	15.4M
Long Term Debt	694.0M	1.2B	1.2B	1.2B	1.4B	1.4B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Central Stock Analysis

When running Central Garden's price analysis, check to measure Central Garden's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Central Garden is operating at the current time. Most of Central Garden's value examination focuses on studying past and present price action to predict the probability of Central Garden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Central Garden's price. Additionally, you may evaluate how the addition of Central Garden to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC