| 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 Current Liabilities and its Total Revenue 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 Current Liabilities vs Total Revenue
Total Current Liabilities vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Premier Foods PLC Total Current Liabilities account and
Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Premier Foods' Total Current Liabilities and Total Revenue is 0.81. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Revenue 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 Current Liabilities and Total Revenue 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 Current Liabilities of Premier Foods PLC are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Liabilities i.e., Premier Foods' Total Current Liabilities and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Total Current Liabilities
Total Current Liabilities is an item on Premier Foods balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Premier Foods PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Total Revenue
Total revenue comprises all receipts Premier Foods PLC generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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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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.