Premium Change To Netincome vs Capital Expenditures Analysis

PBH Stock

CAD 78.59 1.03 1.29%

Premium Brands financial indicator trend analysis is much more than just breaking down Premium Brands Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Premium Brands Holdings is a good investment. Please check the relationship between Premium Brands Change To Netincome and its Capital Expenditures accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premium Brands Holdings. 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.

Change To Netincome vs Capital Expenditures

Change To Netincome vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Premium Brands Holdings Change To Netincome account and Capital Expenditures. At this time, the significance of the direction appears to have strong relationship.

The correlation between Premium Brands' Change To Netincome and Capital Expenditures is 0.67. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Premium Brands Holdings, assuming nothing else is changed. The correlation between historical values of Premium Brands' Change To Netincome and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Premium Brands Holdings are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Netincome i.e., Premium Brands' Change To Netincome and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.67

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Change To Netincome

Capital Expenditures

Capital Expenditures are funds used by Premium Brands Holdings to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Premium Brands operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Premium Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Premium Brands Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premium Brands Holdings. 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.

At this time, Premium Brands' Selling General Administrative is very stable compared to the past year. As of the 1st of February 2025, Discontinued Operations is likely to grow to about 866 M, while Tax Provision is likely to drop about 36.1 M.

	2022	2023	2024	2025 (projected)
Gross Profit	1.1B	1.0B	1.2B	1.3B
Total Revenue	6.0B	6.3B	7.2B	7.6B

Gross Profit Total Revenue

Premium Brands 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	Current Deferred Revenue	Good Will
Total Assets		0.99	0.9	0.98	0.99	0.98	0.98	0.72	0.99	0.19	1.0	0.84	0.19	0.99	0.96	0.99	1.0	0.98	0.06	1.0	0.96	0.99	0.08	0.96	0.86	0.99
Short Long Term Debt Total	0.99		0.91	0.97	0.97	0.99	1.0	0.71	0.98	0.09	1.0	0.81	0.09	0.97	0.94	1.0	1.0	0.99	0.08	1.0	0.98	0.97	0.1	0.93	0.82	0.97
Other Current Liab	0.9	0.91		0.9	0.85	0.9	0.91	0.66	0.89	0.06	0.9	0.66	0.06	0.88	0.87	0.91	0.89	0.88	0.09	0.92	0.86	0.87	-0.01	0.9	0.75	0.92
Total Current Liabilities	0.98	0.97	0.9		0.97	0.95	0.95	0.71	0.98	0.2	0.98	0.79	0.2	0.96	0.96	0.96	0.97	0.95	0.0	0.97	0.92	0.97	0.22	0.96	0.88	0.98
Total Stockholder Equity	0.99	0.97	0.85	0.97		0.95	0.95	0.73	0.99	0.29	0.98	0.86	0.29	0.99	0.95	0.97	0.98	0.95	0.03	0.98	0.92	1.0	0.07	0.97	0.88	0.98
Property Plant And Equipment Net	0.98	0.99	0.9	0.95	0.95		0.99	0.64	0.97	0.11	0.99	0.79	0.11	0.95	0.92	0.99	0.98	0.99	0.09	0.99	0.99	0.96	0.09	0.9	0.8	0.95
Net Debt	0.98	1.0	0.91	0.95	0.95	0.99		0.7	0.96	0.01	0.99	0.79	0.01	0.96	0.93	0.99	0.99	0.98	0.09	0.99	0.98	0.95	0.11	0.91	0.79	0.96
Retained Earnings	0.72	0.71	0.66	0.71	0.73	0.64	0.7		0.67	0.1	0.72	0.69	0.1	0.74	0.62	0.71	0.72	0.66	0.27	0.71	0.62	0.71	0.26	0.78	0.59	0.76
Accounts Payable	0.99	0.98	0.89	0.98	0.99	0.97	0.96	0.67		0.23	0.99	0.82	0.23	0.99	0.97	0.98	0.99	0.96	0.02	0.99	0.94	0.99	0.05	0.96	0.89	0.98
Cash	0.19	0.09	0.06	0.2	0.29	0.11	0.01	0.1	0.23		0.14	0.31	1.0	0.18	0.2	0.11	0.13	0.14	-0.12	0.12	0.02	0.3	-0.11	0.29	0.38	0.22
Non Current Assets Total	1.0	1.0	0.9	0.98	0.98	0.99	0.99	0.72	0.99	0.14		0.83	0.14	0.98	0.95	1.0	1.0	0.98	0.07	1.0	0.97	0.98	0.09	0.95	0.84	0.98
Non Currrent Assets Other	0.84	0.81	0.66	0.79	0.86	0.79	0.79	0.69	0.82	0.31	0.83		0.31	0.84	0.77	0.82	0.83	0.78	0.02	0.81	0.75	0.85	0.04	0.84	0.73	0.83
Cash And Short Term Investments	0.19	0.09	0.06	0.2	0.29	0.11	0.01	0.1	0.23	1.0	0.14	0.31		0.18	0.2	0.11	0.13	0.14	-0.12	0.12	0.02	0.3	-0.11	0.29	0.38	0.22
Net Receivables	0.99	0.97	0.88	0.96	0.99	0.95	0.96	0.74	0.99	0.18	0.98	0.84	0.18		0.97	0.98	0.99	0.94	0.01	0.98	0.92	0.99	0.04	0.97	0.88	0.99
Common Stock Shares Outstanding	0.96	0.94	0.87	0.96	0.95	0.92	0.93	0.62	0.97	0.2	0.95	0.77	0.2	0.97		0.94	0.95	0.92	-0.02	0.95	0.89	0.96	0.07	0.94	0.94	0.96
Non Current Liabilities Total	0.99	1.0	0.91	0.96	0.97	0.99	0.99	0.71	0.98	0.11	1.0	0.82	0.11	0.98	0.94		1.0	0.98	0.08	1.0	0.98	0.97	0.06	0.94	0.82	0.98
Inventory	1.0	1.0	0.89	0.97	0.98	0.98	0.99	0.72	0.99	0.13	1.0	0.83	0.13	0.99	0.95	1.0		0.97	0.05	1.0	0.97	0.98	0.08	0.94	0.84	0.98
Other Current Assets	0.98	0.99	0.88	0.95	0.95	0.99	0.98	0.66	0.96	0.14	0.98	0.78	0.14	0.94	0.92	0.98	0.97		0.18	0.98	0.98	0.95	0.11	0.9	0.81	0.94
Other Stockholder Equity	0.06	0.08	0.09	0.0	0.03	0.09	0.09	0.27	0.02	-0.12	0.07	0.02	-0.12	0.01	-0.02	0.08	0.05	0.18		0.07	0.11	0.02	-0.12	0.03	-0.02	0.03
Total Liab	1.0	1.0	0.92	0.97	0.98	0.99	0.99	0.71	0.99	0.12	1.0	0.81	0.12	0.98	0.95	1.0	1.0	0.98	0.07		0.97	0.98	0.09	0.95	0.84	0.98
Property Plant And Equipment Gross	0.96	0.98	0.86	0.92	0.92	0.99	0.98	0.62	0.94	0.02	0.97	0.75	0.02	0.92	0.89	0.98	0.97	0.98	0.11	0.97		0.92	0.1	0.85	0.74	0.91
Total Current Assets	0.99	0.97	0.87	0.97	1.0	0.96	0.95	0.71	0.99	0.3	0.98	0.85	0.3	0.99	0.96	0.97	0.98	0.95	0.02	0.98	0.92		0.05	0.97	0.89	0.98
Short Term Debt	0.08	0.1	-0.01	0.22	0.07	0.09	0.11	0.26	0.05	-0.11	0.09	0.04	-0.11	0.04	0.07	0.06	0.08	0.11	-0.12	0.09	0.1	0.05		0.07	0.06	0.06
Intangible Assets	0.96	0.93	0.9	0.96	0.97	0.9	0.91	0.78	0.96	0.29	0.95	0.84	0.29	0.97	0.94	0.94	0.94	0.9	0.03	0.95	0.85	0.97	0.07		0.88	0.99
Current Deferred Revenue	0.86	0.82	0.75	0.88	0.88	0.8	0.79	0.59	0.89	0.38	0.84	0.73	0.38	0.88	0.94	0.82	0.84	0.81	-0.02	0.84	0.74	0.89	0.06	0.88		0.88
Good Will	0.99	0.97	0.92	0.98	0.98	0.95	0.96	0.76	0.98	0.22	0.98	0.83	0.22	0.99	0.96	0.98	0.98	0.94	0.03	0.98	0.91	0.98	0.06	0.99	0.88

Click cells to compare fundamentals

Premium Brands Account Relationship Matchups

Premium Brands fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.5B	4.4B	5.1B	5.2B	5.9B	6.2B
Short Long Term Debt Total	1.3B	1.9B	2.6B	2.6B	3.0B	3.2B
Other Current Liab	47.2M	45.8M	75.5M	111.1M	127.8M	134.2M
Total Current Liabilities	493.8M	581.2M	564.8M	637.9M	733.6M	770.3M
Total Stockholder Equity	1.6B	1.8B	1.8B	1.8B	2.0B	2.1B
Property Plant And Equipment Net	853.4M	1.1B	1.4B	1.7B	2.0B	2.1B
Net Debt	966.7M	1.9B	2.5B	2.6B	3.0B	3.1B
Retained Earnings	11.2M	35.6M	63.8M	18.8M	21.6M	22.7M
Accounts Payable	369.3M	445.5M	419.4M	470.9M	541.5M	568.6M
Cash	363M	16.5M	11.4M	27.6M	31.7M	22.5M
Non Current Assets Total	2.3B	3.2B	3.7B	3.8B	4.4B	4.6B
Non Currrent Assets Other	18.4M	18.8M	23.7M	22.7M	20.4M	11.3M
Cash And Short Term Investments	363M	16.5M	11.4M	27.6M	31.7M	22.5M
Net Receivables	387M	521.7M	590.8M	509.9M	586.4M	615.7M
Common Stock Shares Outstanding	39M	43.7M	44.8M	44.6M	51.3M	53.9M
Liabilities And Stockholders Equity	3.5B	4.4B	5.1B	5.2B	5.9B	6.2B
Non Current Liabilities Total	1.5B	2.1B	2.7B	2.8B	3.2B	3.3B
Inventory	448.8M	645.2M	786.1M	746.7M	858.7M	901.6M
Other Current Assets	25.8M	28.6M	38M	43.8M	50.4M	52.9M
Other Stockholder Equity	27.7M	17.1M	25M	46.6M	41.9M	63.1M
Total Liab	1.9B	2.6B	3.3B	3.4B	3.9B	4.1B
Property Plant And Equipment Gross	853.4M	1.8B	2.3B	2.8B	3.2B	3.4B
Total Current Assets	1.2B	1.2B	1.4B	1.3B	1.5B	1.6B
Accumulated Other Comprehensive Income	17.1M	25M	46.6M	43.8M	50.4M	52.9M
Short Term Debt	35.7M	53.8M	69.9M	55.9M	64.3M	35.5M
Intangible Assets	517.9M	526.3M	558.5M	540.6M	621.7M	652.8M
Current Deferred Revenue	28.2M	41.6M	36.1M	34.4M	39.6M	41.5M
Good Will	853.4M	1.0B	1.1B	1.1B	1.2B	1.3B
Common Stock	1.6B	1.7B	1.7B	1.7B	2.0B	2.1B
Other Liab	143.2M	156.1M	171.4M	211.5M	243.2M	255.4M
Net Tangible Assets	(199.2M)	226.7M	246.4M	161.5M	145.4M	138.1M
Other Assets	19.1M	18.4M	18.8M	23.7M	21.3M	15.1M
Long Term Debt	951.3M	1.4B	1.9B	2.0B	2.3B	2.4B
Long Term Investments	74.2M	568.8M	538.9M	453.5M	521.5M	547.6M
Short Long Term Debt	9.5M	20.9M	24.5M	2M	1.8M	1.7M
Property Plant Equipment	802.5M	853.4M	1.1B	1.4B	1.7B	1.7B
Long Term Debt Total	1.3B	1.3B	1.9B	2.5B	2.9B	3.0B

Pair Trading with Premium Brands

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Premium Brands position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Premium Brands will appreciate offsetting losses from the drop in the long position's value.

Moving against Premium Stock

0.51	FFH	Fairfax Financial	Pair Corr
0.51	FOOD	Goodfood Market Corp	Pair Corr

The ability to find closely correlated positions to Premium Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Premium Brands when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Premium Brands - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Premium Brands Holdings to buy it.

The correlation of Premium Brands is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Premium Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Premium Brands Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Premium Brands can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Premium Stock

Balance Sheet is a snapshot of the financial position of Premium Brands Holdings at a specified time, usually calculated after every quarter, six months, or one year. Premium Brands Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Premium Brands 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 Premium currently owns. An asset can also be divided into two categories, current and non-current.

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Premium Change To Netincome vs Capital Expenditures Analysis

Change To Netincome vs Capital Expenditures

Change To Netincome vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Change To Netincome

Capital Expenditures

Premium Brands fundamental ratios Correlations

Premium Brands Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Premium Brands fundamental ratios Accounts

Pair Trading with Premium Brands

Moving against Premium Stock

Other Information on Investing in Premium Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Inventory	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total

Short Term Debt	- 0.12	Other Stockholder Equity
Other Stockholder Equity	- 0.12	Cash And Short Term Investments
Other Stockholder Equity	- 0.12	Cash
Short Term Debt	- 0.11	Cash And Short Term Investments
Short Term Debt	- 0.11	Cash
Current Deferred Revenue	- 0.02	Other Stockholder Equity