Megastar Retained Earnings vs Common Stock Analysis

MEGASTAR   219.50  4.65  2.07%   
Megastar Foods financial indicator trend analysis is infinitely more than just investigating Megastar Foods recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Megastar Foods is a good investment. Please check the relationship between Megastar Foods Retained Earnings and its Common Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Megastar Foods Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Retained Earnings vs Common Stock

Retained Earnings vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Megastar Foods Retained Earnings account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Megastar Foods' Retained Earnings and Common Stock is 0.65. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock in the same time period over historical financial statements of Megastar Foods Limited, assuming nothing else is changed. The correlation between historical values of Megastar Foods' Retained Earnings 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 Retained Earnings of Megastar Foods Limited 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 Retained Earnings i.e., Megastar Foods' Retained Earnings and Common Stock go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock

Most indicators from Megastar Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Megastar 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Megastar Foods Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
The current year's Selling General Administrative is expected to grow to about 78.2 M. The current year's Tax Provision is expected to grow to about 20.5 M
 2021 2022 2023 2024 (projected)
Interest Expense28.6M60.7M44.7M29.9M
Depreciation And Amortization18.5M21.5M25.7M13.3M

Megastar Foods fundamental ratios Correlations

0.830.890.640.970.950.830.70.950.480.580.20.930.240.830.770.760.130.960.750.840.590.870.640.160.85
0.830.780.870.680.651.00.640.660.250.66-0.020.670.451.00.950.870.090.740.910.950.790.490.860.360.53
0.890.780.60.830.830.780.60.830.460.470.280.840.420.770.710.750.00.80.60.810.530.750.580.240.74
0.640.870.60.430.370.880.380.370.20.42-0.110.360.350.890.960.80.080.510.820.750.960.221.00.620.19
0.970.680.830.430.990.680.660.990.560.520.30.950.120.670.60.640.110.960.60.740.410.950.430.010.91
0.950.650.830.370.990.650.71.00.480.550.280.980.150.640.540.580.160.950.580.710.330.960.37-0.050.96
0.831.00.780.880.680.650.620.650.250.64-0.030.660.431.00.960.870.090.740.910.940.810.490.860.380.52
0.70.640.60.380.660.70.620.710.230.950.240.740.520.620.470.510.130.750.590.720.20.50.39-0.20.71
0.950.660.830.370.991.00.650.710.490.560.290.980.160.650.540.590.150.950.580.720.330.950.37-0.050.96
0.480.250.460.20.560.480.250.230.490.190.240.370.110.250.310.5-0.340.50.170.410.170.530.2-0.10.3
0.580.660.470.420.520.550.640.950.560.190.20.590.560.640.510.520.120.660.610.750.220.320.41-0.190.53
0.2-0.020.28-0.110.30.28-0.030.240.290.240.20.22-0.15-0.02-0.030.020.030.31-0.240.13-0.120.3-0.110.060.28
0.930.670.840.360.950.980.660.740.980.370.590.220.250.660.520.560.150.920.590.720.30.910.36-0.090.97
0.240.450.420.350.120.150.430.520.160.110.56-0.150.250.440.350.35-0.10.260.470.510.19-0.080.35-0.090.16
0.831.00.770.890.670.641.00.620.650.250.64-0.020.660.440.960.860.110.740.910.940.820.480.870.40.51
0.770.950.710.960.60.540.960.470.540.310.51-0.030.520.350.960.880.040.670.870.880.920.40.950.520.36
0.760.870.750.80.640.580.870.510.590.50.520.020.560.350.860.88-0.260.650.70.870.710.470.780.240.38
0.130.090.00.080.110.160.090.130.15-0.340.120.030.15-0.10.110.04-0.260.190.26-0.050.10.10.060.280.21
0.960.740.80.510.960.950.740.750.950.50.660.310.920.260.740.670.650.190.710.80.470.850.510.020.87
0.750.910.60.820.60.580.910.590.580.170.61-0.240.590.470.910.870.70.260.710.80.790.40.810.360.49
0.840.950.810.750.740.710.940.720.720.410.750.130.720.510.940.880.87-0.050.80.80.630.550.740.130.59
0.590.790.530.960.410.330.810.20.330.170.22-0.120.30.190.820.920.710.10.470.790.630.230.950.750.15
0.870.490.750.220.950.960.490.50.950.530.320.30.91-0.080.480.40.470.10.850.40.550.230.22-0.050.91
0.640.860.581.00.430.370.860.390.370.20.41-0.110.360.350.870.950.780.060.510.810.740.950.220.60.19
0.160.360.240.620.01-0.050.38-0.2-0.05-0.1-0.190.06-0.09-0.090.40.520.240.280.020.360.130.75-0.050.6-0.15
0.850.530.740.190.910.960.520.710.960.30.530.280.970.160.510.360.380.210.870.490.590.150.910.19-0.15
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Megastar Foods Account Relationship Matchups

Megastar Foods fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets466.2M860.4M747.9M1.1B1.6B1.6B
Short Long Term Debt Total216.9M501.5M343.2M578.2M568.5M319.2M
Other Current Liab8.4M9.9M3.3M10.5M13.5M14.1M
Total Current Liabilities181.8M525.0M333.8M364.9M219.6M236.8M
Total Stockholder Equity220.8M262.7M358.7M456.5M921.3M967.3M
Property Plant And Equipment Net179.1M210.3M271.5M555.2M1.0B1.1B
Net Debt208.5M500.4M335.7M546.0M550.1M310.1M
Cash8.5M1.0M7.5M32.3M18.4M19.4M
Non Current Assets Total205.6M213.9M287.8M583.9M1.1B1.1B
Non Currrent Assets Other26.5M3.6M16.2M1.1M15.0M15.8M
Cash And Short Term Investments8.5M1.0M12.6M33.3M18.4M9.6M
Liabilities And Stockholders Equity466.2M860.4M747.9M1.1B1.6B1.6B
Non Current Liabilities Total63.6M72.7M55.4M277.9M414.4M435.1M
Other Current Assets164.5M29.2M8.1M272.3M29.6M28.2M
Total Liab245.3M597.7M389.2M642.8M634.0M356.5M
Total Current Assets260.5M646.5M460.1M515.4M488.5M327.8M
Current Deferred Revenue(171.8M)53.4M7.7M8.3M9.6M10.1M
Retained Earnings72.3M114.2M205.2M307.4M370.5M389.0M
Accounts Payable5.2M24.4M16.1M31.7M24.1M13.4M
Net Receivables137.8M155.3M172.4M265.8M271.3M153.0M
Inventory108.8M480.5M242.9M234.4M169.1M182.1M
Short Term Debt167.6M445.0M299.0M322.7M182.0M231.4M
Long Term Debt49.4M56.0M36.5M255.6M386.5M405.8M
Net Invested Capital437.8M764.2M701.9M1.0B1.5B900.1M
Short Long Term Debt167.6M445.4M306.8M322.7M182.0M301.7M
Non Current Liabilities Other2K1K579K639K3.8M4.0M
Net Working Capital78.8M121.5M126.3M150.5M268.8M157.5M

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Other Information on Investing in Megastar Stock

Balance Sheet is a snapshot of the financial position of Megastar Foods at a specified time, usually calculated after every quarter, six months, or one year. Megastar Foods Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Megastar Foods and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Megastar currently owns. An asset can also be divided into two categories, current and non-current.