Performance Total Revenue vs Total Assets Analysis
| PFGC Stock | USD 87.59 1.19 1.38% |
Performance Food financial indicator trend analysis is much more than just breaking down Performance Food prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Performance Food is a good investment. Please check the relationship between Performance Food Total Revenue and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performance Food Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Total Revenue vs Total Assets
Total Revenue vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Performance Food Total Revenue account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Performance Food's Total Revenue and Total Assets is 0.99. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of Performance Food Group, assuming nothing else is changed. The correlation between historical values of Performance Food's Total Revenue and Total 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 Total Revenue of Performance Food Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Revenue i.e., Performance Food's Total Revenue and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Performance Food 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.Total Assets
Total assets refers to the total amount of Performance Food 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 Performance Food 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.Most indicators from Performance Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Performance Food 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 Performance Food Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At present, Performance Food's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 182.9M | 218M | 232.2M | 243.8M | Depreciation And Amortization | 467.2M | 496.7M | 556.7M | 584.5M |
Performance Food fundamental ratios Correlations
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Performance Food Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Performance Food fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 7.7B | 7.8B | 12.4B | 12.5B | 13.4B | 14.1B | |
| Short Long Term Debt Total | 3.0B | 3.0B | 5.0B | 4.7B | 5.0B | 5.2B | |
| Other Current Liab | 110.4M | 611M | 882.6M | 891.5M | 652.9M | 685.5M | |
| Total Current Liabilities | 2.6B | 2.5B | 3.6B | 3.6B | 3.8B | 3.9B | |
| Total Stockholder Equity | 2.0B | 2.1B | 3.3B | 3.7B | 4.1B | 4.3B | |
| Property Plant And Equipment Net | 1.9B | 2.0B | 2.8B | 3.0B | 3.7B | 3.8B | |
| Net Debt | 2.6B | 3.0B | 5.0B | 4.7B | 5.0B | 5.2B | |
| Retained Earnings | 316.6M | 357.3M | 469.8M | 867M | 1.3B | 1.4B | |
| Accounts Payable | 1.7B | 1.8B | 2.6B | 2.5B | 2.6B | 2.7B | |
| Cash | 420.7M | 11.1M | 11.6M | 12.7M | 20M | 19M | |
| Non Current Assets Total | 4.3B | 4.3B | 6.4B | 6.4B | 7.2B | 7.6B | |
| Non Currrent Assets Other | 74M | (87.8M) | (318M) | 130.5M | 176.5M | 185.3M | |
| Cash And Short Term Investments | 420.7M | 11.1M | 11.6M | 12.7M | 20M | 19M | |
| Net Receivables | 1.4B | 1.6B | 2.3B | 2.4B | 2.6B | 2.7B | |
| Good Will | 1.4B | 1.4B | 2.3B | 2.3B | 2.4B | 2.5B | |
| Common Stock Shares Outstanding | 113M | 133.4M | 151.3M | 156.1M | 156M | 81.8M | |
| Liabilities And Stockholders Equity | 7.7B | 7.8B | 12.4B | 12.5B | 13.4B | 14.1B | |
| Non Current Liabilities Total | 3.1B | 3.2B | 5.4B | 5.2B | 5.5B | 5.8B | |
| Inventory | 1.5B | 1.8B | 3.4B | 3.4B | 3.3B | 3.5B | |
| Other Current Assets | 68.7M | 100.3M | 240.4M | 227.8M | 268.1M | 281.5M | |
| Other Stockholder Equity | 1.7B | 1.8B | 2.8B | 2.9B | 2.8B | 3.0B | |
| Total Liab | 5.7B | 5.7B | 9.1B | 8.8B | 9.3B | 9.7B | |
| Property Plant And Equipment Gross | 1.9B | 2.0B | 2.8B | 3.0B | 5.4B | 5.7B | |
| Total Current Assets | 3.5B | 3.6B | 6.0B | 6.1B | 6.2B | 6.5B | |
| Short Term Debt | 222.3M | 125.7M | 190.9M | 208.1M | 510.8M | 536.3M | |
| Intangible Assets | 918.6M | 796.4M | 1.2B | 1.0B | 971.1M | 1.0B | |
| Other Assets | 91.5M | 85.9M | 123.3M | 130.5M | 150.1M | 157.6M | |
| Long Term Debt | 2.2B | 2.2B | 3.9B | 3.5B | 3.2B | 3.4B | |
| Property Plant Equipment | 1.9B | 2.0B | 2.8B | 3.0B | 3.4B | 3.6B | |
| Current Deferred Revenue | (33M) | 136.4M | 567.6M | (2.5B) | (2.2B) | (2.1B) | |
| Other Liab | 283M | 338.9M | 639.2M | 664.1M | 763.7M | 801.9M | |
| Accumulated Other Comprehensive Income | (10.3M) | (5.3M) | 11.4M | 14M | 4M | 4.2M | |
| Net Tangible Assets | (243.5M) | (45M) | (175.3M) | 416.1M | 478.5M | 502.4M | |
| Deferred Long Term Liab | 10.3M | 17.5M | 12.2M | 424.3M | 487.9M | 512.3M | |
| Long Term Debt Total | 1.3B | 2.2B | 2.2B | 3.9B | 4.5B | 4.7B | |
| Capital Surpluse | 866.7M | 1.7B | 1.8B | 2.8B | 3.2B | 3.4B |
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.When determining whether Performance Food offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Performance Food's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Performance Food Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Performance Food Group Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performance Food Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Performance Food. If investors know Performance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Performance Food listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.10) | Earnings Share 2.71 | Revenue Per Share 357.357 | Quarterly Revenue Growth 0.032 | Return On Assets 0.0378 |
The market value of Performance Food is measured differently than its book value, which is the value of Performance that is recorded on the company's balance sheet. Investors also form their own opinion of Performance Food's value that differs from its market value or its book value, called intrinsic value, which is Performance Food's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Performance Food's market value can be influenced by many factors that don't directly affect Performance Food's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Performance Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Performance Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Performance Food's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.