Premier Non Currrent Assets Other vs Total Current Assets Analysis

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 Non Currrent Assets Other and its Total Current Assets 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.

Non Currrent Assets Other vs Total Current Assets

Non Currrent Assets Other vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Premier Foods PLC Non Currrent Assets Other account and Total Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Premier Foods' Non Currrent Assets Other and Total Current Assets is 0.19. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Current Assets 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' Non Currrent Assets Other and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Premier Foods PLC are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Currrent Assets Other i.e., Premier Foods' Non Currrent Assets Other and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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.
 2021 2022 2023 2025 (projected)
Interest Expense18M19.8M28.6M54.0M
Depreciation And Amortization46.2M45.5M45.3M63.9M

Premier Foods fundamental ratios Correlations

-0.060.440.240.540.34-0.140.430.070.350.180.020.350.55-0.190.40.01-0.32-0.080.460.230.1-0.19-0.08-0.05-0.02
-0.060.510.88-0.730.640.98-0.750.810.35-0.15-0.170.35-0.340.70.350.70.610.98-0.130.850.810.9-0.20.980.93
0.440.510.77-0.220.710.49-0.040.490.280.380.170.280.430.440.720.76-0.130.530.50.680.460.450.070.590.65
0.240.880.77-0.50.860.85-0.40.870.320.230.120.32-0.060.670.680.690.220.880.280.940.770.8-0.130.860.95
0.54-0.73-0.22-0.5-0.26-0.770.85-0.49-0.260.140.08-0.260.3-0.82-0.06-0.71-0.54-0.680.27-0.49-0.71-0.67-0.18-0.74-0.69
0.340.640.710.86-0.260.7-0.270.88-0.060.310.06-0.06-0.010.40.870.480.070.620.430.670.530.74-0.410.650.73
-0.140.980.490.85-0.770.7-0.80.840.17-0.13-0.210.17-0.380.680.390.690.610.95-0.140.760.770.95-0.290.970.91
0.43-0.75-0.04-0.40.85-0.27-0.8-0.5-0.150.550.53-0.150.5-0.510.03-0.5-0.87-0.670.53-0.35-0.63-0.740.26-0.77-0.54
0.070.810.490.87-0.490.880.84-0.50.050.220.110.05-0.40.60.70.460.30.770.230.760.640.87-0.410.760.85
0.350.350.280.32-0.26-0.060.17-0.150.05-0.060.111.00.270.51-0.040.470.130.30.090.560.57-0.030.520.310.34
0.18-0.150.380.230.140.31-0.130.550.22-0.060.92-0.060.250.320.50.11-0.81-0.120.770.19-0.09-0.060.34-0.190.17
0.02-0.170.170.120.080.06-0.210.530.110.110.920.110.130.390.250.02-0.75-0.120.610.19-0.06-0.180.52-0.250.13
0.350.350.280.32-0.26-0.060.17-0.150.051.0-0.060.110.270.51-0.040.470.130.30.090.560.57-0.030.520.310.34
0.55-0.340.43-0.060.3-0.01-0.380.5-0.40.270.250.130.27-0.130.220.19-0.57-0.340.49-0.030.01-0.50.54-0.26-0.19
-0.190.70.440.67-0.820.40.68-0.510.60.510.320.390.51-0.130.270.740.150.660.120.710.760.570.380.660.79
0.40.350.720.68-0.060.870.390.030.7-0.040.50.25-0.040.220.270.4-0.230.320.740.550.320.46-0.240.380.53
0.010.70.760.69-0.710.480.69-0.50.460.470.110.020.470.190.740.40.210.660.170.670.650.60.230.780.74
-0.320.61-0.130.22-0.540.070.61-0.870.30.13-0.81-0.750.13-0.570.15-0.230.210.56-0.690.210.40.57-0.460.620.32
-0.080.980.530.88-0.680.620.95-0.670.770.3-0.12-0.120.3-0.340.660.320.660.56-0.130.860.770.87-0.180.960.93
0.46-0.130.50.280.270.43-0.140.530.230.090.770.610.090.490.120.740.17-0.69-0.130.3-0.01-0.080.2-0.120.17
0.230.850.680.94-0.490.670.76-0.350.760.560.190.190.56-0.030.710.550.670.210.860.30.80.660.060.80.94
0.10.810.460.77-0.710.530.77-0.630.640.57-0.09-0.060.570.010.760.320.650.40.77-0.010.80.570.170.780.81
-0.190.90.450.8-0.670.740.95-0.740.87-0.03-0.06-0.18-0.03-0.50.570.460.60.570.87-0.080.660.57-0.470.90.84
-0.08-0.20.07-0.13-0.18-0.41-0.290.26-0.410.520.340.520.520.540.38-0.240.23-0.46-0.180.20.060.17-0.47-0.22-0.02
-0.050.980.590.86-0.740.650.97-0.770.760.31-0.19-0.250.31-0.260.660.380.780.620.96-0.120.80.780.9-0.220.9
-0.020.930.650.95-0.690.730.91-0.540.850.340.170.130.34-0.190.790.530.740.320.930.170.940.810.84-0.020.9
Click cells to compare fundamentals

Premier Foods Account Relationship Matchups

Premier Foods fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.0B2.3B2.5B2.4B2.3B2.4B
Short Long Term Debt Total607.5M336.9M339.3M338.7M337.9M598.2M
Other Current Liab98M126.2M112.6M121M133.6M152.4M
Total Current Liabilities344.4M263.7M258.7M272.3M278.3M337.4M
Total Stockholder Equity1.7B1.2B1.5B1.4B1.3B16.9M
Property Plant And Equipment Net194M192.1M190.9M185.9M190.4M217.0M
Net Debt429.6M332.7M285M274.3M235.6M563.7M
Retained Earnings(156.6M)755.1M1.1B970.9M898.8M(1.4B)
Accounts Payable154M126.1M137.4M141.1M141.6M166.1M
Cash177.9M4.2M54.3M64.4M102.3M164.9M
Non Current Assets Total1.2B2.1B2.3B2.1B2.0B1.8B
Non Currrent Assets Other(1.2B)934.7M1.1B960.1M810M9.6M
Cash And Short Term Investments177.9M4.2M54.3M64.4M102.3M164.9M
Common Stock Shares Outstanding854.5M868.5M875.8M880.7M883.5M918.5M
Liabilities And Stockholders Equity3.0B2.3B2.5B2.4B2.3B2.4B
Non Current Liabilities Total501M827.6M767.9M727.6M726.8M1.6B
Other Current Assets15.1M17.7M18.7M104.7M35.2M289.4M
Other Stockholder Equity1.4B(8.7M)(7.8M)(355.1M)341.2M816.9M
Total Liab1.3B1.1B1.0B999.9M1.0B1.2B
Property Plant And Equipment Gross194M192.1M466.8M478.2M496.4M343.1M
Total Current Assets335.9M156.5M231.3M262.8M316.9M287.7M
Intangible Assets341.3M317.2M293.5M294.4M289.6M399.2M
Long Term Debt501M315.2M323.2M324.4M325.7M565.2M
Net Receivables64M51.5M68.8M67.9M80.5M119.6M
Common Stock84.8M85.5M86.3M86.8M86.9M22.8M
Capital Lease Obligations18.6M16.1M13.3M12.2M14.0M12.9M
Net Invested Capital1.5B1.8B1.7B1.7B1.9B1.9B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.