Central Extraordinary Items vs Interest Expense Analysis

CENTA Stock  USD 32.89  0.85  2.65%   
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 Extraordinary Items and its Interest Expense 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 estimate.

Extraordinary Items vs Interest Expense

Extraordinary Items vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Central Garden Pet Extraordinary Items account and Interest Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Central Garden's Extraordinary Items and Interest Expense is -0.08. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Interest Expense 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 Extraordinary Items and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Central Garden Pet are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Extraordinary Items i.e., Central Garden's Extraordinary Items and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Extraordinary Items

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
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 estimate.
As of November 22, 2024, Selling General Administrative is expected to decline to about 300.9 M. In addition to that, Tax Provision is expected to decline to about 33.7 M
 2021 2022 2023 2024 (projected)
Interest Expense58.3M57.0M65.6M36.4M
Depreciation And Amortization129.6M139.6M160.5M168.5M

Central Garden fundamental ratios Correlations

0.990.980.960.990.990.850.980.810.770.980.270.770.740.530.990.970.370.771.00.990.980.570.890.860.57
0.990.950.960.970.990.890.970.810.720.990.30.720.710.481.00.980.320.731.00.990.950.610.890.850.52
0.980.950.950.980.950.760.960.770.820.940.320.820.720.560.960.920.360.770.960.950.970.470.830.80.6
0.960.960.950.940.970.810.950.880.760.950.380.760.770.470.950.910.370.750.970.970.940.710.80.80.49
0.990.970.980.940.960.780.980.780.820.960.230.820.750.570.970.950.390.780.970.960.990.510.880.850.61
0.990.990.950.970.960.90.970.80.690.990.230.690.70.470.990.980.350.730.991.00.940.620.920.860.51
0.850.890.760.810.780.90.810.670.330.920.210.330.530.370.90.930.320.580.880.90.730.580.860.80.39
0.980.970.960.950.980.970.810.760.790.970.230.780.680.420.970.950.350.70.980.970.960.590.920.840.46
0.810.810.770.880.780.80.670.760.660.780.450.660.920.590.790.740.450.860.820.80.80.780.570.820.58
0.770.720.820.760.820.690.330.790.660.660.31.00.680.430.710.620.180.650.730.690.870.390.550.560.48
0.980.990.940.950.960.990.920.970.780.660.280.650.680.470.990.990.370.710.990.990.930.60.920.860.5
0.270.30.320.380.230.230.210.230.450.30.280.30.330.150.270.140.160.240.290.230.250.32-0.10.110.15
0.770.720.820.760.820.690.330.780.661.00.650.30.680.440.710.620.170.650.730.690.870.380.550.560.49
0.740.710.720.770.750.70.530.680.920.680.680.330.680.80.710.660.530.940.730.70.780.580.50.820.79
0.530.480.560.470.570.470.370.420.590.430.470.150.440.80.50.50.530.890.50.470.580.030.330.640.99
0.991.00.960.950.970.990.90.970.790.710.990.270.710.710.50.980.340.741.00.990.950.580.910.860.54
0.970.980.920.910.950.980.930.950.740.620.990.140.620.660.50.980.370.720.980.980.920.540.950.880.53
0.370.320.360.370.390.350.320.350.450.180.370.160.170.530.530.340.370.530.350.350.350.210.310.50.49
0.770.730.770.750.780.730.580.70.860.650.710.240.650.940.890.740.720.530.750.730.80.40.570.850.87
1.01.00.960.970.970.990.880.980.820.730.990.290.730.730.51.00.980.350.750.990.960.620.890.860.53
0.990.990.950.970.961.00.90.970.80.690.990.230.690.70.470.990.980.350.730.990.940.620.920.860.51
0.980.950.970.940.990.940.730.960.80.870.930.250.870.780.580.950.920.350.80.960.940.520.830.820.62
0.570.610.470.710.510.620.580.590.780.390.60.320.380.580.030.580.540.210.40.620.620.520.470.560.02
0.890.890.830.80.880.920.860.920.570.550.92-0.10.550.50.330.910.950.310.570.890.920.830.470.830.36
0.860.850.80.80.850.860.80.840.820.560.860.110.560.820.640.860.880.50.850.860.860.820.560.830.64
0.570.520.60.490.610.510.390.460.580.480.50.150.490.790.990.540.530.490.870.530.510.620.020.360.64
Click cells to compare fundamentals

Central Garden Account Relationship Matchups

Central Garden fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B3.1B3.3B3.4B3.9B4.1B
Short Long Term Debt Total814.1M1.4B1.4B1.4B1.6B1.7B
Other Current Liab167.9M194.2M153.7M216.2M248.7M261.1M
Total Current Liabilities440.3M522.3M465.9M458.0M526.7M553.0M
Total Stockholder Equity1.1B1.2B1.3B1.5B1.7B1.8B
Property Plant And Equipment Net360.5M494.2M583.3M565.3M650.1M682.6M
Net Debt161.4M930.2M1.2B885.7M1.0B1.1B
Retained Earnings510.8M646.1M755.3M859.4M988.3M1.0B
Accounts Payable205.2M245.5M215.7M190.9M219.5M135.0M
Cash652.7M426.4M177.4M488.7M562.0M590.1M
Non Current Assets Total814.1M1.6B1.7B1.7B1.9B2.0B
Non Currrent Assets Other28.7M575.0M(130.8M)62.6M71.9M45.4M
Cash And Short Term Investments652.7M426.4M177.4M488.7M562.0M590.1M
Net Receivables391.8M385.4M376.8M332.9M382.8M211.5M
Common Stock Shares Outstanding54.7M55.2M54.4M53.4M61.4M44.7M
Liabilities And Stockholders Equity2.3B3.1B3.3B3.4B3.9B4.1B
Non Current Liabilities Total821.4M1.4B1.5B1.5B1.7B1.8B
Inventory439.6M685.2M938M838.2M963.9M1.0B
Other Current Assets41.2M46.6M61.6M47.3M54.4M32.4M
Other Stockholder Equity566.9M576.4M582.1M594.4M683.6M419.0M
Total Liab1.3B1.9B1.9B1.9B2.2B2.3B
Property Plant And Equipment Gross360.5M494.2M583.3M565.3M650.1M682.6M
Total Current Assets1.5B1.5B1.6B1.7B2.0B2.1B
Accumulated Other Comprehensive Income(1.4M)(831K)(4.1M)(3.0M)(3.4M)(3.6M)
Short Term Debt67.1M82.5M96.5M50.8M45.8M23.5M
Intangible Assets134.9M134.4M543.2M497.2M571.8M600.4M
Good Will286.1M290.0M369.4M546.4M628.4M314.4M
Common Stock548K552K542K537K617.6K490.3K
Common Stock Total Equity115K548K552K542K623.3K654.5K
Other Liab57.3M41.0M56.0M147.4M169.5M178.0M
Other Assets37K24K31K110K99K94.1K
Long Term Debt694.0M1.2B1.2B1.2B1.4B1.4B
Property Plant Equipment245.4M244.7M494.2M583.3M670.8M704.4M
Net Tangible Assets563.8M738.4M718.4M244.1M280.7M422.9M

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When determining whether Central Garden Pet offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Central Garden'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 Central Garden Pet Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Central Garden Pet Stock:
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 estimate.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Household Products 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 Central Garden. If investors know Central 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 Central Garden 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
(0.05)
Earnings Share
2.17
Revenue Per Share
62.57
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0446
The market value of Central Garden Pet is measured differently than its book value, which is the value of Central that is recorded on the company's balance sheet. Investors also form their own opinion of Central Garden's value that differs from its market value or its book value, called intrinsic value, which is Central Garden'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 Central Garden's market value can be influenced by many factors that don't directly affect Central Garden'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 Central Garden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Central Garden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Central Garden'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.