Megastar Retained Earnings vs Net Receivables Analysis

MEGASTAR

222.35 4.75 2.09%

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 Net Receivables 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 Net Receivables

Retained Earnings vs Net Receivables 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 Net Receivables. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Megastar Foods' Retained Earnings and Net Receivables is 0.8. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables 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 Net Receivables 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 Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., Megastar Foods' Retained Earnings and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

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.

Net Receivables

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 Expense	28.6M	60.7M	44.7M	29.9M
Depreciation And Amortization	18.5M	21.5M	25.7M	13.3M

Interest Expense Depreciation And Amortization

Megastar Foods 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Current Deferred Revenue	Retained Earnings	Accounts Payable	Net Receivables	Inventory	Other Stockholder Equity	Short Term Debt	Other Assets	Long Term Debt
Total Assets		0.83	0.89	0.64	0.97	0.95	0.83	0.7	0.95	0.48	0.58	0.2	0.93	0.24	0.83	0.77	0.76	0.13	0.96	0.75	0.84	0.59	0.87	0.64	0.16	0.85
Short Long Term Debt Total	0.83		0.78	0.87	0.68	0.65	1.0	0.64	0.66	0.25	0.66	-0.02	0.67	0.45	1.0	0.95	0.87	0.09	0.74	0.91	0.95	0.79	0.49	0.86	0.36	0.53
Other Current Liab	0.89	0.78		0.6	0.83	0.83	0.78	0.6	0.83	0.46	0.47	0.28	0.84	0.42	0.77	0.71	0.75	0.0	0.8	0.6	0.81	0.53	0.75	0.58	0.24	0.74
Total Current Liabilities	0.64	0.87	0.6		0.43	0.37	0.88	0.38	0.37	0.2	0.42	-0.11	0.36	0.35	0.89	0.96	0.8	0.08	0.51	0.82	0.75	0.96	0.22	1.0	0.62	0.19
Total Stockholder Equity	0.97	0.68	0.83	0.43		0.99	0.68	0.66	0.99	0.56	0.52	0.3	0.95	0.12	0.67	0.6	0.64	0.11	0.96	0.6	0.74	0.41	0.95	0.43	0.01	0.91
Property Plant And Equipment Net	0.95	0.65	0.83	0.37	0.99		0.65	0.7	1.0	0.48	0.55	0.28	0.98	0.15	0.64	0.54	0.58	0.16	0.95	0.58	0.71	0.33	0.96	0.37	-0.05	0.96
Net Debt	0.83	1.0	0.78	0.88	0.68	0.65		0.62	0.65	0.25	0.64	-0.03	0.66	0.43	1.0	0.96	0.87	0.09	0.74	0.91	0.94	0.81	0.49	0.86	0.38	0.52
Cash	0.7	0.64	0.6	0.38	0.66	0.7	0.62		0.71	0.23	0.95	0.24	0.74	0.52	0.62	0.47	0.51	0.13	0.75	0.59	0.72	0.2	0.5	0.39	-0.2	0.71
Non Current Assets Total	0.95	0.66	0.83	0.37	0.99	1.0	0.65	0.71		0.49	0.56	0.29	0.98	0.16	0.65	0.54	0.59	0.15	0.95	0.58	0.72	0.33	0.95	0.37	-0.05	0.96
Non Currrent Assets Other	0.48	0.25	0.46	0.2	0.56	0.48	0.25	0.23	0.49		0.19	0.24	0.37	0.11	0.25	0.31	0.5	-0.34	0.5	0.17	0.41	0.17	0.53	0.2	-0.1	0.3
Cash And Short Term Investments	0.58	0.66	0.47	0.42	0.52	0.55	0.64	0.95	0.56	0.19		0.2	0.59	0.56	0.64	0.51	0.52	0.12	0.66	0.61	0.75	0.22	0.32	0.41	-0.19	0.53
Common Stock Shares Outstanding	0.2	-0.02	0.28	-0.11	0.3	0.28	-0.03	0.24	0.29	0.24	0.2		0.22	-0.15	-0.02	-0.03	0.02	0.03	0.31	-0.24	0.13	-0.12	0.3	-0.11	0.06	0.28
Non Current Liabilities Total	0.93	0.67	0.84	0.36	0.95	0.98	0.66	0.74	0.98	0.37	0.59	0.22		0.25	0.66	0.52	0.56	0.15	0.92	0.59	0.72	0.3	0.91	0.36	-0.09	0.97
Other Current Assets	0.24	0.45	0.42	0.35	0.12	0.15	0.43	0.52	0.16	0.11	0.56	-0.15	0.25		0.44	0.35	0.35	-0.1	0.26	0.47	0.51	0.19	-0.08	0.35	-0.09	0.16
Total Liab	0.83	1.0	0.77	0.89	0.67	0.64	1.0	0.62	0.65	0.25	0.64	-0.02	0.66	0.44		0.96	0.86	0.11	0.74	0.91	0.94	0.82	0.48	0.87	0.4	0.51
Total Current Assets	0.77	0.95	0.71	0.96	0.6	0.54	0.96	0.47	0.54	0.31	0.51	-0.03	0.52	0.35	0.96		0.88	0.04	0.67	0.87	0.88	0.92	0.4	0.95	0.52	0.36
Common Stock	0.76	0.87	0.75	0.8	0.64	0.58	0.87	0.51	0.59	0.5	0.52	0.02	0.56	0.35	0.86	0.88		-0.26	0.65	0.7	0.87	0.71	0.47	0.78	0.24	0.38
Current Deferred Revenue	0.13	0.09	0.0	0.08	0.11	0.16	0.09	0.13	0.15	-0.34	0.12	0.03	0.15	-0.1	0.11	0.04	-0.26		0.19	0.26	-0.05	0.1	0.1	0.06	0.28	0.21
Retained Earnings	0.96	0.74	0.8	0.51	0.96	0.95	0.74	0.75	0.95	0.5	0.66	0.31	0.92	0.26	0.74	0.67	0.65	0.19		0.71	0.8	0.47	0.85	0.51	0.02	0.87
Accounts Payable	0.75	0.91	0.6	0.82	0.6	0.58	0.91	0.59	0.58	0.17	0.61	-0.24	0.59	0.47	0.91	0.87	0.7	0.26	0.71		0.8	0.79	0.4	0.81	0.36	0.49
Net Receivables	0.84	0.95	0.81	0.75	0.74	0.71	0.94	0.72	0.72	0.41	0.75	0.13	0.72	0.51	0.94	0.88	0.87	-0.05	0.8	0.8		0.63	0.55	0.74	0.13	0.59
Inventory	0.59	0.79	0.53	0.96	0.41	0.33	0.81	0.2	0.33	0.17	0.22	-0.12	0.3	0.19	0.82	0.92	0.71	0.1	0.47	0.79	0.63		0.23	0.95	0.75	0.15
Other Stockholder Equity	0.87	0.49	0.75	0.22	0.95	0.96	0.49	0.5	0.95	0.53	0.32	0.3	0.91	-0.08	0.48	0.4	0.47	0.1	0.85	0.4	0.55	0.23		0.22	-0.05	0.91
Short Term Debt	0.64	0.86	0.58	1.0	0.43	0.37	0.86	0.39	0.37	0.2	0.41	-0.11	0.36	0.35	0.87	0.95	0.78	0.06	0.51	0.81	0.74	0.95	0.22		0.6	0.19
Other Assets	0.16	0.36	0.24	0.62	0.01	-0.05	0.38	-0.2	-0.05	-0.1	-0.19	0.06	-0.09	-0.09	0.4	0.52	0.24	0.28	0.02	0.36	0.13	0.75	-0.05	0.6		-0.15
Long Term Debt	0.85	0.53	0.74	0.19	0.91	0.96	0.52	0.71	0.96	0.3	0.53	0.28	0.97	0.16	0.51	0.36	0.38	0.21	0.87	0.49	0.59	0.15	0.91	0.19	-0.15

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Megastar Foods Account Relationship Matchups

Megastar Foods fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	466.2M	860.4M	747.9M	1.1B	1.6B	1.6B
Short Long Term Debt Total	216.9M	501.5M	343.2M	578.2M	568.5M	319.2M
Other Current Liab	8.4M	9.9M	3.3M	10.5M	13.5M	14.1M
Total Current Liabilities	181.8M	525.0M	333.8M	364.9M	219.6M	236.8M
Total Stockholder Equity	220.8M	262.7M	358.7M	456.5M	921.3M	967.3M
Property Plant And Equipment Net	179.1M	210.3M	271.5M	555.2M	1.0B	1.1B
Net Debt	208.5M	500.4M	335.7M	546.0M	550.1M	310.1M
Cash	8.5M	1.0M	7.5M	32.3M	18.4M	19.4M
Non Current Assets Total	205.6M	213.9M	287.8M	583.9M	1.1B	1.1B
Non Currrent Assets Other	26.5M	3.6M	16.2M	1.1M	15.0M	15.8M
Cash And Short Term Investments	8.5M	1.0M	12.6M	33.3M	18.4M	9.6M
Liabilities And Stockholders Equity	466.2M	860.4M	747.9M	1.1B	1.6B	1.6B
Non Current Liabilities Total	63.6M	72.7M	55.4M	277.9M	414.4M	435.1M
Other Current Assets	164.5M	29.2M	8.1M	272.3M	29.6M	28.2M
Total Liab	245.3M	597.7M	389.2M	642.8M	634.0M	356.5M
Total Current Assets	260.5M	646.5M	460.1M	515.4M	488.5M	327.8M
Current Deferred Revenue	(171.8M)	53.4M	7.7M	8.3M	9.6M	10.1M
Retained Earnings	72.3M	114.2M	205.2M	307.4M	370.5M	389.0M
Accounts Payable	5.2M	24.4M	16.1M	31.7M	24.1M	13.4M
Net Receivables	137.8M	155.3M	172.4M	265.8M	271.3M	153.0M
Inventory	108.8M	480.5M	242.9M	234.4M	169.1M	182.1M
Short Term Debt	167.6M	445.0M	299.0M	322.7M	182.0M	231.4M
Long Term Debt	49.4M	56.0M	36.5M	255.6M	386.5M	405.8M
Net Invested Capital	437.8M	764.2M	701.9M	1.0B	1.5B	900.1M
Short Long Term Debt	167.6M	445.4M	306.8M	322.7M	182.0M	301.7M
Non Current Liabilities Other	2K	1K	579K	639K	3.8M	4.0M
Net Working Capital	78.8M	121.5M	126.3M	150.5M	268.8M	157.5M

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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.

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Megastar Retained Earnings vs Net Receivables Analysis

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Receivables

Megastar Foods fundamental ratios Correlations

Megastar Foods Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Megastar Foods fundamental ratios Accounts

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Other Information on Investing in Megastar Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Short Term Debt	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Net Debt
Property Plant And Equipment Net	+ 0.99	Total Stockholder Equity

Current Deferred Revenue	- 0.34	Non Currrent Assets Other
Current Deferred Revenue	- 0.26	Common Stock
Accounts Payable	- 0.24	Common Stock Shares Outstanding
Other Assets	- 0.2	Cash
Other Assets	- 0.19	Cash And Short Term Investments
Long Term Debt	- 0.15	Other Assets