Pilgrims Reconciled Depreciation vs Net Income From Continuing Ops Analysis

PPC Stock  USD 45.30  0.02  0.04%   
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 Reconciled Depreciation and its Net Income From Continuing Ops 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.

Reconciled Depreciation vs Net Income From Continuing Ops

Reconciled Depreciation vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pilgrims Pride Corp Reconciled Depreciation account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Pilgrims Pride's Reconciled Depreciation and Net Income From Continuing Ops is -0.14. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Net Income From Continuing Ops 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 Reconciled Depreciation and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Pilgrims Pride Corp are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Reconciled Depreciation i.e., Pilgrims Pride's Reconciled Depreciation and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Reconciled Depreciation

Net Income From Continuing Ops

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.
 2022 2023 2024 2025 (projected)
Interest Expense152.7M202.3M232.6M244.2M
Depreciation And Amortization403.1M419.9M482.9M507.0M

Pilgrims Pride fundamental ratios Correlations

0.970.910.990.950.990.930.90.750.990.310.730.980.50.970.980.850.460.990.980.140.99-0.220.890.36-0.13
0.970.90.960.850.960.990.820.630.980.280.620.940.431.00.950.830.40.990.930.120.96-0.220.850.3-0.11
0.910.90.910.840.920.890.880.550.920.530.530.930.270.90.890.850.220.920.880.090.93-0.260.830.150.0
0.990.960.910.940.980.910.90.750.980.320.740.980.490.950.970.870.430.980.980.230.99-0.20.880.35-0.11
0.950.850.840.940.940.770.940.860.920.350.850.940.550.850.930.760.50.890.960.180.93-0.260.870.39-0.16
0.990.960.920.980.940.930.880.710.990.290.690.970.530.970.970.850.490.980.960.110.99-0.160.870.39-0.07
0.930.990.890.910.770.930.750.50.950.290.480.90.370.990.910.820.350.970.870.060.93-0.180.790.27-0.08
0.90.820.880.90.940.880.750.780.880.40.770.910.240.820.870.730.170.860.910.130.9-0.290.880.11-0.24
0.750.630.550.750.860.710.50.780.690.11.00.730.540.620.730.530.480.670.820.320.7-0.290.750.35-0.2
0.990.980.920.980.920.990.950.880.690.290.670.950.450.980.950.860.420.990.950.090.99-0.210.850.33-0.1
0.310.280.530.320.350.290.290.40.10.290.120.39-0.030.260.320.380.00.280.330.270.28-0.570.29-0.080.24
0.730.620.530.740.850.690.480.771.00.670.120.720.530.60.720.510.470.660.810.390.69-0.290.750.34-0.21
0.980.940.930.980.940.970.90.910.730.950.390.720.480.940.990.830.410.960.990.180.98-0.240.920.32-0.15
0.50.430.270.490.550.530.370.240.540.45-0.030.530.480.430.580.370.980.460.560.190.460.080.380.840.03
0.971.00.90.950.850.970.990.820.620.980.260.60.940.430.950.840.40.990.920.050.97-0.20.840.31-0.1
0.980.950.890.970.930.970.910.870.730.950.320.720.990.580.950.80.510.970.990.140.97-0.190.90.4-0.14
0.850.830.850.870.760.850.820.730.530.860.380.510.830.370.840.80.340.860.80.150.87-0.240.640.3-0.02
0.460.40.220.430.50.490.350.170.480.420.00.470.410.980.40.510.340.420.490.170.39-0.010.290.850.1
0.990.990.920.980.890.980.970.860.670.990.280.660.960.460.990.970.860.420.950.120.99-0.20.860.33-0.1
0.980.930.880.980.960.960.870.910.820.950.330.810.990.560.920.990.80.490.950.210.96-0.240.920.38-0.16
0.140.120.090.230.180.110.060.130.320.090.270.390.180.190.050.140.150.170.120.210.12-0.20.070.150.06
0.990.960.930.990.930.990.930.90.70.990.280.690.980.460.970.970.870.390.990.960.12-0.150.880.32-0.17
-0.22-0.22-0.26-0.2-0.26-0.16-0.18-0.29-0.29-0.21-0.57-0.29-0.240.08-0.2-0.19-0.24-0.01-0.2-0.24-0.2-0.15-0.120.09-0.12
0.890.850.830.880.870.870.790.880.750.850.290.750.920.380.840.90.640.290.860.920.070.88-0.120.16-0.28
0.360.30.150.350.390.390.270.110.350.33-0.080.340.320.840.310.40.30.850.330.380.150.320.090.160.11
-0.13-0.110.0-0.11-0.16-0.07-0.08-0.24-0.2-0.10.24-0.21-0.150.03-0.1-0.14-0.020.1-0.1-0.160.06-0.17-0.12-0.280.11
Click cells to compare fundamentals

Pilgrims Pride Account Relationship Matchups

Pilgrims Pride fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets7.5B8.9B9.3B9.8B11.3B11.8B
Short Long Term Debt Total2.6B3.5B3.4B3.6B4.2B4.4B
Other Current Liab686.0M776.9M868.9M859.3M988.2M1.0B
Total Current Liabilities1.9B2.4B2.6B2.5B2.9B3.0B
Total Stockholder Equity2.6B2.6B2.8B3.3B3.8B4.0B
Property Plant And Equipment Net2.9B3.3B3.2B3.4B3.9B4.1B
Net Debt2.0B3.1B3.0B2.9B3.4B3.5B
Retained Earnings972.6M1.0B1.7B2.1B2.4B2.5B
Cash547.6M427.7M401.0M697.7M802.4M842.5M
Non Current Assets Total4.6B5.6B5.4B5.6B6.4B6.8B
Non Currrent Assets Other24.8M32.4M41.6M35.6M41.0M43.0M
Cash And Short Term Investments547.6M427.7M401.0M731.2M840.9M883.0M
Net Receivables812.5M1.0B1.3B1.3B1.5B1.6B
Common Stock Shares Outstanding246.1M244.1M240.4M237.3M272.9M286.5M
Liabilities And Stockholders Equity7.5B8.9B9.3B9.8B11.3B11.8B
Non Current Liabilities Total3.0B3.9B3.8B4.0B4.6B4.8B
Inventory1.4B1.6B2.0B2.0B2.3B2.4B
Other Current Assets183.8M363.3M244.9M195.8M225.2M236.5M
Other Stockholder Equity1.6B1.6B1.4B1.4B1.6B1.7B
Total Liab4.9B6.3B6.4B6.5B7.4B7.8B
Total Current Assets2.9B3.3B3.9B4.2B4.8B5.1B
Short Term Debt97.0M109.2M131.8M68.8M79.1M97.3M
Accounts Payable1.0B1.4B1.5B1.5B1.7B1.8B
Common Stock Total Equity2.6M2.6M2.6M2.6M3.0M2.9M
Property Plant And Equipment Gross2.7B3.3B3.2B7.2B8.3B8.7B
Accumulated Other Comprehensive Income(20.6M)(48.0M)(336.4M)(176.5M)(203.0M)(192.8M)
Common Stock2.6M2.6M2.6M2.6M3.0M1.6M
Other Assets319.1M37.7M43.5M1.01.151.09
Long Term Debt2.3B3.2B3.2B3.3B3.8B4.0B
Property Plant Equipment2.9B2.7B3.3B2.9B3.4B1.7B
Current Deferred Revenue65.9M22.3M34.5M85.0M76.5M72.6M
Other Liab406.7M488.6M470.9M435.2M391.7M302.4M
Good Will1.0B1.3B1.2B1.3B1.5B1.6B
Intangible Assets589.9M963.2M846.0M854.0M982.1M1.0B
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

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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.
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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.