| PFD Stock | | | 189.80 0.80 0.42% |
Premier Foods financial indicator trend analysis is much more than just breaking down Premier Foods PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Premier Foods PLC is a good investment. Please check the relationship between Premier Foods Long Term Debt and its Cash accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier Foods PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Long Term Debt vs Cash
Long Term Debt vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Premier Foods PLC Long Term Debt account and
Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Premier Foods' Long Term Debt and Cash is 0.31. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Premier Foods PLC, assuming nothing else is changed. The correlation between historical values of Premier Foods' Long Term Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Premier Foods PLC are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Long Term Debt i.e., Premier Foods' Long Term Debt and Cash go up and down completely randomly.
Correlation Coefficient | 0.31 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that Premier Foods PLC has held for over one year. Long-term debt appears on Premier Foods PLC balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Premier Foods PLC balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Cash
Cash refers to the most liquid asset of Premier Foods PLC, which is listed under current asset account on Premier Foods PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Premier Foods customers. The amounts must be unrestricted with restricted cash listed in a different Premier Foods account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Premier Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Premier Foods PLC 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 Premier Foods PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Tax Provision is expected to grow to about 47
M, whereas
Selling General Administrative is forecasted to decline to about 88.2
M.
Premier Foods fundamental ratios Correlations
Click cells to compare fundamentals
Premier Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Premier Foods fundamental ratios Accounts
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Other Information on Investing in Premier Stock
Balance Sheet is a snapshot of the
financial position of Premier Foods PLC at a specified time, usually calculated after every quarter, six months, or one year. Premier Foods Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Premier 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 Premier currently owns. An asset can also be divided into two categories, current and non-current.