Calavo Short Term Investments vs Common Stock Analysis

CVGW Stock  USD 27.09  0.01  0.04%   
Calavo Growers financial indicator trend analysis is way more than just evaluating Calavo Growers prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Calavo Growers is a good investment. Please check the relationship between Calavo Growers Short Term Investments and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calavo Growers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Calavo Stock please use our How to Invest in Calavo Growers guide.

Short Term Investments vs Common Stock

Short Term Investments vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Calavo Growers Short Term Investments account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Calavo Growers' Short Term Investments and Common Stock is 0.52. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock in the same time period over historical financial statements of Calavo Growers, assuming nothing else is changed. The correlation between historical values of Calavo Growers' Short Term Investments 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 Short Term Investments of Calavo Growers 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 Short Term Investments i.e., Calavo Growers' Short Term Investments and Common Stock go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Investments

Short Term Investments is an item under the current assets section of Calavo Growers balance sheet. It contains any investments Calavo Growers undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Calavo Growers can easily liquidate in the marketplace.

Common Stock

Most indicators from Calavo Growers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Calavo Growers 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 Calavo Growers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Calavo Stock please use our How to Invest in Calavo Growers guide.Tax Provision is likely to climb to about 8.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 39.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit73.8M70.0M80.4M73.7M
Total Revenue1.2B971.9M1.1B693.0M

Calavo Growers fundamental ratios Correlations

0.440.930.420.320.910.430.770.710.90.790.770.50.75-0.140.990.580.34-0.140.80.940.970.580.540.91-0.23
0.440.141.00.370.460.950.550.90.190.160.75-0.220.09-0.460.440.580.91-0.460.240.470.520.80.830.4-0.03
0.930.140.120.290.870.140.760.480.910.790.630.670.740.020.910.510.080.020.820.90.860.410.380.85-0.23
0.421.00.120.40.430.960.530.880.180.120.75-0.240.05-0.530.430.580.91-0.530.210.440.50.790.830.37-0.05
0.320.370.290.40.280.590.530.420.31-0.180.660.170.1-0.460.410.830.47-0.46-0.060.340.330.450.690.1-0.78
0.910.460.870.430.280.410.870.720.770.760.710.350.76-0.010.870.590.33-0.010.780.990.880.710.620.9-0.17
0.430.950.140.960.590.410.530.880.240.030.81-0.130.1-0.540.470.730.93-0.540.090.430.510.790.890.3-0.33
0.770.550.760.530.530.870.530.740.660.560.80.230.55-0.160.750.690.44-0.160.690.880.720.80.750.76-0.24
0.710.90.480.880.420.720.880.740.560.490.90.120.45-0.30.720.710.79-0.30.470.730.740.870.860.63-0.18
0.90.190.910.180.310.770.240.660.560.80.670.680.77-0.070.910.520.11-0.070.710.820.820.420.360.77-0.35
0.790.160.790.12-0.180.760.030.560.490.80.420.460.810.270.730.12-0.040.270.860.760.720.330.130.840.21
0.770.750.630.750.660.710.810.80.90.670.420.360.42-0.420.820.840.71-0.420.420.760.780.740.890.57-0.4
0.5-0.220.67-0.240.170.35-0.130.230.120.680.460.360.410.170.550.35-0.10.170.340.410.43-0.080.060.29-0.29
0.750.090.740.050.10.760.10.550.450.770.810.420.410.330.710.31-0.020.330.620.760.690.390.280.74-0.26
-0.14-0.460.02-0.53-0.46-0.01-0.54-0.16-0.3-0.070.27-0.420.170.33-0.21-0.37-0.441.00.15-0.08-0.19-0.32-0.440.040.29
0.990.440.910.430.410.870.470.750.720.910.730.820.550.71-0.210.640.38-0.210.710.910.960.550.590.83-0.31
0.580.580.510.580.830.590.730.690.710.520.120.840.350.31-0.370.640.62-0.370.170.630.610.70.860.38-0.66
0.340.910.080.910.470.330.930.440.790.11-0.040.71-0.1-0.02-0.440.380.62-0.440.110.350.420.660.830.25-0.21
-0.14-0.460.02-0.53-0.46-0.01-0.54-0.16-0.3-0.070.27-0.420.170.331.0-0.21-0.37-0.440.15-0.08-0.19-0.32-0.440.040.29
0.80.240.820.21-0.060.780.090.690.470.710.860.420.340.620.150.710.170.110.150.780.740.430.210.930.23
0.940.470.90.440.340.990.430.880.730.820.760.760.410.76-0.080.910.630.35-0.080.780.910.70.640.9-0.21
0.970.520.860.50.330.880.510.720.740.820.720.780.430.69-0.190.960.610.42-0.190.740.910.630.590.89-0.23
0.580.80.410.790.450.710.790.80.870.420.330.74-0.080.39-0.320.550.70.66-0.320.430.70.630.830.62-0.24
0.540.830.380.830.690.620.890.750.860.360.130.890.060.28-0.440.590.860.83-0.440.210.640.590.830.41-0.44
0.910.40.850.370.10.90.30.760.630.770.840.570.290.740.040.830.380.250.040.930.90.890.620.410.01
-0.23-0.03-0.23-0.05-0.78-0.17-0.33-0.24-0.18-0.350.21-0.4-0.29-0.260.29-0.31-0.66-0.210.290.23-0.21-0.23-0.24-0.440.01
Click cells to compare fundamentals

Calavo Growers Account Relationship Matchups

Calavo Growers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets429.6M445.4M385.7M386.9M444.9M245.6M
Short Long Term Debt Total92.3M109.2M66.3M98.8M113.6M119.3M
Total Stockholder Equity256.0M226.9M223.4M208.8M240.2M148.0M
Net Debt88.3M107.3M64.2M96.7M111.2M116.8M
Other Assets69.6M35.0M45.8M52.6M60.5M63.5M
Common Stock Shares Outstanding17.6M17.6M17.7M17.8M20.4M16.7M
Liabilities And Stockholders Equity429.6M445.4M385.7M386.9M444.9M245.6M
Non Current Liabilities Total67.3M103.9M60.4M94.9M109.1M114.6M
Other Stockholder Equity165M168.1M171.2M176.5M203.0M213.1M
Total Liab173.6M218.5M162.4M176.6M203.1M213.3M
Other Current Liab49.5M65.0M54.3M42.1M48.4M35.5M
Total Current Liabilities106.3M114.6M102.0M81.7M94.0M74.2M
Property Plant And Equipment Net190.5M178.1M167.8M160.8M184.9M194.1M
Retained Earnings89.5M57.4M51.1M32.3M37.2M47.3M
Accounts Payable20.7M32.8M30.7M30.3M34.9M18.1M
Cash4.1M1.9M2.1M2.1M2.4M4.1M
Non Current Assets Total293.7M292.8M260.1M253.5M291.5M156.0M
Non Currrent Assets Other32.6M40.5M47.2M52.5M60.3M63.3M
Cash And Short Term Investments4.1M1.9M2.1M2.1M2.4M4.1M
Net Receivables80.0M78.9M59.0M61.4M70.6M52.1M
Inventory41.8M40.8M38.8M39.4M45.3M25.5M
Other Current Assets15.8M31.1M25.8M30.5M35.0M36.8M
Property Plant And Equipment Gross190.5M178.1M167.8M276.7M318.2M334.1M
Total Current Assets135.9M152.6M125.7M133.4M153.4M98.1M
Short Term Debt36.1M16.8M17.0M9.3M10.7M17.6M
Property Plant Equipment132.1M190.5M178.1M167.8M193.0M202.7M
Intangible Assets10.3M8.8M7.2M5.7M6.6M5.8M
Net Tangible Assets265.5M215.6M189.5M186.5M214.5M195.4M
Long Term Debt Total5.4M5.7M5.6M4.4M4.0M4.3M
Capital Surpluse161.6M165M168.1M171.2M196.9M144.8M

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