| PFD Stock | | | 187.40 3.20 1.74% |
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 Total Assets and its Long Term Debt 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.
Total Assets vs Long Term Debt
Total Assets vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Premier Foods PLC Total Assets account and
Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Premier Foods' Total Assets and Long Term Debt is -0.06. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long Term Debt 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' Total Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Premier Foods PLC are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Assets i.e., Premier Foods' Total Assets and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.06 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Premier Foods assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Premier Foods PLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.
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.
At present, Premier Foods'
Tax Provision is projected to increase significantly based on the last few years of reporting.
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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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.