Pilgrims Net Debt vs Retained Earnings Analysis

PPC Stock  USD 51.97  0.28  0.54%   
Pilgrims Pride financial indicator trend analysis is much more than just breaking down Pilgrims Pride Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pilgrims Pride Corp is a good investment. Please check the relationship between Pilgrims Pride Net Debt and its Retained Earnings accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pilgrims Pride Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pilgrims Pride Corp Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Pilgrims Pride's Net Debt and Retained Earnings is 0.68. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Pilgrims Pride Corp, assuming nothing else is changed. The correlation between historical values of Pilgrims Pride's Net Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Pilgrims Pride Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., Pilgrims Pride's Net Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Pilgrims Pride's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pilgrims Pride Corp 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 Pilgrims Pride Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At present, Pilgrims Pride's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense145.8M152.7M202.3M212.4M
Depreciation And Amortization380.8M403.1M419.9M440.9M

Pilgrims Pride fundamental ratios Correlations

0.960.890.990.930.990.910.870.680.990.270.650.970.180.960.970.840.210.990.970.140.99-0.220.850.34-0.04
0.960.870.940.810.950.980.760.540.970.230.50.930.131.00.940.810.170.990.910.120.95-0.210.810.28-0.02
0.890.870.890.80.90.860.840.440.890.520.40.91-0.050.880.860.84-0.030.890.850.080.91-0.260.790.090.09
0.990.940.890.920.980.890.870.680.970.280.650.980.180.940.970.860.190.980.980.250.99-0.190.840.34-0.02
0.930.810.80.920.920.710.910.820.90.310.80.920.230.810.910.730.260.860.950.190.9-0.270.830.38-0.08
0.990.950.90.980.920.910.830.630.990.250.590.960.230.960.960.840.260.980.950.110.98-0.140.830.390.02
0.910.980.860.890.710.910.680.380.940.240.340.880.10.980.890.80.140.960.830.060.91-0.170.740.240.0
0.870.760.840.870.910.830.680.720.850.370.690.88-0.130.760.820.69-0.120.810.870.140.87-0.290.840.02-0.17
0.680.540.440.680.820.630.380.720.610.031.00.650.20.520.650.460.220.590.770.350.62-0.30.680.32-0.14
0.990.970.890.970.90.990.940.850.610.250.580.940.150.980.940.850.190.990.930.090.98-0.20.810.31-0.02
0.270.230.520.280.310.250.240.370.030.250.050.36-0.150.210.280.35-0.090.240.290.270.23-0.560.24-0.120.28
0.650.50.40.650.80.590.340.691.00.580.050.630.220.480.620.430.230.550.740.430.59-0.30.650.32-0.14
0.970.930.910.980.920.960.880.880.650.940.360.630.130.920.980.830.140.960.980.190.97-0.240.890.29-0.06
0.180.13-0.050.180.230.230.1-0.130.20.15-0.150.220.130.130.250.170.980.150.220.140.140.13-0.080.980.19
0.961.00.880.940.810.960.980.760.520.980.210.480.920.130.930.820.170.990.90.040.96-0.190.80.29-0.02
0.970.940.860.970.910.960.890.820.650.940.280.620.980.250.930.780.260.960.980.150.96-0.180.860.41-0.05
0.840.810.840.860.730.840.80.690.460.850.350.430.830.170.820.780.190.850.790.140.86-0.230.60.280.04
0.210.17-0.030.190.260.260.14-0.120.220.19-0.090.230.140.980.170.260.190.180.240.130.150.03-0.080.970.21
0.990.990.890.980.860.980.960.810.590.990.240.550.960.150.990.960.850.180.940.120.98-0.190.830.31-0.02
0.970.910.850.980.950.950.830.870.770.930.290.740.980.220.90.980.790.240.940.230.95-0.240.880.38-0.07
0.140.120.080.250.190.110.060.140.350.090.270.430.190.140.040.150.140.130.120.230.13-0.20.070.150.07
0.990.950.910.990.90.980.910.870.620.980.230.590.970.140.960.960.860.150.980.950.13-0.130.850.3-0.09
-0.22-0.21-0.26-0.19-0.27-0.14-0.17-0.29-0.3-0.2-0.56-0.3-0.240.13-0.19-0.18-0.230.03-0.19-0.24-0.2-0.13-0.10.11-0.13
0.850.810.790.840.830.830.740.840.680.810.240.650.89-0.080.80.860.6-0.080.830.880.070.85-0.10.08-0.21
0.340.280.090.340.380.390.240.020.320.31-0.120.320.290.980.290.410.280.970.310.380.150.30.110.080.16
-0.04-0.020.09-0.02-0.080.020.0-0.17-0.14-0.020.28-0.14-0.060.19-0.02-0.050.040.21-0.02-0.070.07-0.09-0.13-0.210.16
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Pilgrims Pride Account Relationship Matchups

Pilgrims Pride fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.1B7.5B8.9B9.3B9.8B10.3B
Short Long Term Debt Total2.5B2.6B3.5B3.4B3.6B3.8B
Other Current Liab582.4M686.0M776.9M868.9M859.3M902.3M
Total Current Liabilities1.6B1.9B2.4B2.6B2.5B2.6B
Total Stockholder Equity2.5B2.6B2.6B2.8B3.3B3.5B
Property Plant And Equipment Net2.9B2.9B3.3B3.2B3.4B3.6B
Net Debt2.3B2.0B3.1B3.0B2.9B3.0B
Retained Earnings877.8M972.6M1.0B1.7B2.1B2.2B
Cash260.6M547.6M427.7M401.0M731.2M767.8M
Non Current Assets Total4.5B4.6B5.6B5.4B5.6B5.9B
Non Currrent Assets Other36.3M24.8M32.4M41.6M35.6M37.4M
Cash And Short Term Investments260.6M547.6M427.7M401.0M731.2M767.8M
Net Receivables802.4M812.5M1.0B1.3B1.3B1.4B
Common Stock Shares Outstanding249.7M246.1M244.1M240.4M237.3M124.8M
Liabilities And Stockholders Equity7.1B7.5B8.9B9.3B9.8B10.3B
Non Current Liabilities Total2.9B3.0B3.9B3.8B4.0B4.2B
Inventory1.4B1.4B1.6B2.0B2.0B2.1B
Other Current Assets131.7M183.8M363.3M244.9M195.8M205.6M
Other Stockholder Equity1.7B1.6B1.6B1.4B1.4B787.1M
Total Liab4.6B4.9B6.3B6.4B6.5B6.8B
Total Current Assets2.6B2.9B3.3B3.9B4.2B4.4B
Short Term Debt26.4M97.0M109.2M131.8M68.1M97.3M
Accounts Payable997.6M1.0B1.4B1.5B1.5B1.5B
Common Stock Total Equity2.6M2.6M2.6M2.6M3.0M2.9M
Property Plant And Equipment Gross2.9B2.7B3.3B3.2B7.2B7.6B
Accumulated Other Comprehensive Income(75.1M)(20.6M)(48.0M)(336.4M)(176.5M)(185.3M)
Common Stock2.6M2.6M2.6M2.6M2.6M1.6M
Other Assets40.8M319.1M37.7M43.5M1.00.95
Long Term Debt2.3B2.3B3.2B3.2B3.3B3.5B
Treasury Stock(231.8M)(232.0M)(234.9M)(345.1M)(310.6M)(295.1M)
Property Plant Equipment2.9B2.7B3.3B2.9B3.4B1.7B
Current Deferred Revenue41.8M65.9M22.3M34.5M85.0M80.7M
Other Liab406.7M488.6M470.9M435.2M391.7M302.4M
Good Will973.8M1.0B1.3B1.2B1.3B673.3M
Intangible Assets596.1M589.9M963.2M846.0M854.0M896.7M
Net Tangible Assets955.9M968.6M276.6M766.9M690.2M655.7M
Noncontrolling Interest In Consolidated Entity10.4M11.6M11.9M12.5M14.3M7.9M
Retained Earnings Total Equity877.8M972.6M1.0B1.7B2.0B2.1B

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 Pilgrims Pride Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pilgrims Pride'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 Pilgrims Pride Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pilgrims Pride Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pilgrims Pride Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Packaged Foods & Meats 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 Pilgrims Pride. If investors know Pilgrims 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 Pilgrims Pride 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
1.882
Earnings Share
4.15
Revenue Per Share
76.123
Quarterly Revenue Growth
0.052
Return On Assets
0.0909
The market value of Pilgrims Pride Corp is measured differently than its book value, which is the value of Pilgrims that is recorded on the company's balance sheet. Investors also form their own opinion of Pilgrims Pride's value that differs from its market value or its book value, called intrinsic value, which is Pilgrims Pride'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 Pilgrims Pride's market value can be influenced by many factors that don't directly affect Pilgrims Pride'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 Pilgrims Pride's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pilgrims Pride is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pilgrims Pride'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.